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industrial internet and the internet of vehicles are am

ong the country’s top development priorities in the telecommuni

cations industry,” Zhang Feng, chief engineer of the Ministry of Industry and Information Te

chnology, said on Friday during the World Telecommunication and Information Society Day.

Zhang called for accelerated efforts to set standards in key areas, including 5G, to expedit

e the commercialization of this forefront technology and bolster the nation’s core competitiveness.

Major Chinese smartphone maker Huawei Technologies Co has a

lready unveiled its first 5G chip and first 5G foldable smartphone, the Mate X, which is

expected to hit the market in June, despite challenges involving the United States.

Also on Friday, shortly after the US said it would ban Huawei from buying US t

echnology without special approval, Huawei’s chipmaking arm, HiSilicon, said

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Chinese coffee startup Luckin Coffee will price its initial p

public offering at $17 per share on Nasdaq Stock Exchanges, CNBC reported on Friday.

This price is at the top of its expected range from $15 to $17 in a regulatory filing, indicating the value of the company at about $4.2 billion.

Luckin Coffee raised $150 million in the most recent Series B+ round of financing, lifting the B

eijing-based company’s valuation to about $2.9 billion, the company announced on April 18.

With the aid of new technology, Luckin Coffee provides customers convenient service with innovative business model.

“The old way is people looking for coffee. With us coffee finds the people,” Luckin Coffee’s Co-founder Eric Guo told CNBC.

As a representative of China’s new retail based on mobile app, Luckin Coffee, founded in 2017, has expanded at a rapid pace.

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the middle of this century, digital villages will be compl

pletely built nationwide to advance rural revitalization.

To fulfill such targets, the country will accelerate the construction of IT infr

astructures in rural areas, upgrading rural internet facilities and information services.

More efforts will be made to boost the rural digital economy, with wider use of digital technolo

gies in agriculture and the development of e-commerce and various emerging creative industries in rural regions.

While providing more support for rural technological innovation, the co

untry will strengthen ecological protection in rural areas with digital technologies.

Moreover, the guideline stressed the significance of improving internet access in rural areas in poverty alleviation and ca

lled for enhanced information sharing to promote urban-rural integrated development.

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Meditation is the easiest way for people to reduce pr

essure, and psychological experts say that thinking of nothing is a mental

adjustment for people, which is

good for health as it can reduce the risk

of anxiety and depression by 25 percent, according to Workers’ Daily.

If people can’t manage their emotions effectively under high pressure, it will

harm their family life, work and social life, experts say.

The suggestion sparked reaction from netizens, with Sina Weibo user

Happy little witch123 asking, “Is it ok if I

accumulate the daily five minutes and me

ditate a hour on one day?” A WeChat user named yuenyuen said, “I’m not

bragging but I can meditate for a whole day.”

Just 20 days after the opening of a

museum of broken relationships in Taiyuan, capit

al of North China’s Shanxi province, its owner joked that it was turning into a blind date site, thecover.cn reported.

Since it opened to the public on April 25, the museum has received 500 visitors every day, aged between 16 and 25.

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ctive investment and harness the digital economy’s role in driving

le in driving China’s economic and social development.

“We need to upgrade our internet services. This is a key measure t

o boost consumption and meet the needs of our massive cellphone users,” Premier Li said.

Participants at the meeting agreed that upgrading and expanding the cap

acity of internet infrastructure should be an important area in boosting effective inves

tment. By the end of this year, fiber-to-the-home (FTTH) ports relative to all broadband ports will be raised to more th

an 90 percent, 1,000M broadband will be extended to more than 300 cities, and base stations for mobile internet will be upg

raded with expanded capacity. The goal is to raise the speed of both fixed-line and mobile internet services to 1,000M.

Broadband networks will cover 97 percent of primary and middle schools nationwide this year, and dedicated inter

net services will be made available over time in hospitals and medical consortiums above the county level.

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Asked whether China will retaliate by targeting certain US co

 companies, Lu said that as for foreign enterprises operating in Chi

na, there is no need for them to worry as long as their businesses are law-abiding.

S President Donald Trump issued an executive order on Wednesd

ay in which he declared a national economic emergency and banned the technology and

services of “foreign adversaries” deemed to pose “unacceptable risks” to US national security.

The US intention is so obvious that media outlets around the world have without exception interpr

eted this as targeting Huawei, by excluding the Chinese telecommunications giant from US networks.

Washington has repeatedly claimed that Huawei’s equipment poses a security threat, but for all the sound and fury, it sign

ifies nothing, as it has never produced any credible evidence, indeed any evidence at all.

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In contrast, the US seems to take it for granted that tarif

s are a weapon it can employ to bring China to its knees and extract one-sided

concessions, apparently ignorant to the fac

t that China is not what it was in the late 1800s and early 1900s when the country was forced into signing humil

iating treaties, which resulted in the opening of trading ports and paying of indemnities to Western powers.

Perhaps the blame for the breakdown in the talks should be laid at the door of the mind-set o

f the West, which sees only winners and losers, rather than a holistic whole in

which all benefit from each other.

That Eastern viewpoint explains why

China still hopes that the US will meet it halfway for

the benefit of both countries and both

peoples as well as the development of the world economy.

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He said those who are interested in doing business with

Chinese partners in countries involved the Belt and Road Initiative should work together to create a

n ecosystem of a “one-stop shop”, providing diversified services to share in China’s prosperity along the Belt and Road.

President Xi Jinping asked countries to create conditions for other civilizations to develop while keep

ing their own vibrant. His keynote speech at the opening ceremony of the Conference on Dialo

gue of Asian Civilizations on Wednesday has aroused global interest. Here’s what some experts think.

As you know, I work for UNESCO and the general feelin

g I had after President Xi Jinping’s speech was that there were convergences on

many levels between his comments and the work UNESCO does in the world of dialogue among civilizations thro

ughout the world and also the work that we do specifically in relation to the ancient and modern Silk Road.

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Move shows Beijing’s resolve to safeguard its interests

China said late on Monday that it will increase tariffs on the bulk o

$60 billion of US imports to three categories of rates between 10 percent and 25 percent.

For the rest of the US imports, the duty rate remains at 5 percent, acc

ording to a statement released by the Customs Tariff Commission of the State Council.

The tariffs will hit around 5,000 products such as food, chem

icals and auto parts, and are due to take effect on June 1, the commission said.

In a separate statement on Monday, the commission said i

t will be open to tariff exemption applications for part of qualified US imports.

This is China’s latest response to the additional US tariffs on $200

billion of Chinese goods, which were implemented on Friday morning.

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considerable excitement. True, the company faces similar

bstacles to those that Asian and Latin American platforms previously had to overcome, including a

lack of reliable payment systems, low trust between buyers and sellers, and logistics and deliv

ry bottlenecks. But the experience of other regions shows that these shortcomings can be addressed over time.

Internet regulations must not be disruptive

The bigger risk to these platforms stems from the inevitable and necessary increase in regulation of the internet arou

nd the world. In particular, diverse national regulatory regimes may inadvertently or deliberately disrupt or bloc

k the international development of e-commerce ecosystems, hurting lower-income countries in the process. Avo

iding the creation of such unintended obstacles should therefore be a high priority for the international community.

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