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Market-oriented reform and opening-up will improve pr

roductivity in the service sector, which is an important thing that China is focusing on to stabilize economic growth,” Zhu said.

Chen Yulu, a vice-governor of the PBOC, also supported a “full-scale” opening of the financial sector. In the future, foreign invest

ors are welcome to conduct all forms of financial business in China, excepting those being named on a neg

ative list, and authorities are researching a new regulatory system, Chen said at the forum on Saturday.

Li Daokui, director of the Academic Center for Chinese Economic Practice and Thinking at Tsing

hua University, said China “should be more confident” in accelerating opening-up of its financial sec

tor, which will help global investors seize numerous opportunities in the Chinese market.

Domestic financial institutions are now capable of engaging in fiercer competition with global peers as their serv

ice abilities in many aspects, such as banking and insurance, have improved a lot over the past years, Li said.

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The two countries should make further contributions to

promoting a new type of international relationship and building a community with a shared future for mankind, Xi said.

Mourao extended President Bolsonaro’s greetings and bes

t wishes, and delivered a letter from the Brazilian president to Xi.

The new Brazilian administration led by Bolsonaro attache

s great importance to relations with China, Mourao said.

Brazil speaks highly of China’s important contributions to promoti

ng global economic growth and considers China to be a reliable and stable partner, he said.

Brazil would like to connect the country’s investment partners plans with the Belt and

Road Initiative and expand cooperation with China in areas including trade, techno

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Pompeo said in an interview with CNBC that, “We’ve been

working at the State Department to make sure that everyone understands the risks.”

“Recently, some US politicians have repeatedly made rumors about Huawei but canno

t provide any evidence that other countries have requested,” Lu told a daily news conference.

He noted that the US public is having more and more doubts over the market turbulen

ce and undermined industrial cooperation caused by the trade war and technology war initiated by the US.

“So some US politicians have continually created rumors, tr

ying to mislead the public and stir up ideological opposition, which is illogical,” Lu said.

Ideological differences do not necessarily impede tra

de, industrial and technological cooperation between countries, he said.

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Xi hailed Zhang’s deeds, saying the elderly hero hid the

 for more than 60 years and stayed true to his original aspirations. As a s

oldier, Zhang defended the country; as a civilian, he works for the people’s well-being, Xi said.

Zhang lives a life of simplicity, purity and indifference to fame and fortune, serving as a role

model for military officers, rank-and-file soldiers and veterans across the country, Xi said.

Zhang, a member of the CPC, was a soldier of Brigade 359 of the Northwest Field Ar

my, one of the main forces of the Chinese People’s Liberation Army during the Liberation War between 1945 and 1949.

He was honored by the Northwest Field Army sever

al times for performing meritorious deeds as he braved enemy fire. He was twice given the honorary title of C

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ic importance to Huawei. “TSMC produces most of H

uawei’s chips. Only with its cooperation is it possible for Huawei to have a Plan B in stocking

in-house processors in order to offset fallout from the US ban on its access to US chips,” Xiang said.

He said the move by Panasonic also showcases that the Japanes

e tech company is not willing to surrender to political pressure from Washington, after ear

lier reports that it had stopped shipments of certain components to Huawei. The firm bought $6.3 billion wort

h of products including batteries and electronic components from Panasonic in 2018, according to Nikkei Asian Review.

United Kingdom-based mobile operator EE said on We

dnesday that its 5G network in the UK would rely on equipment made by Huawei.

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China’s GDP reached 21.34 trillion yuan in the first three

months of 2019, up 6.4 percent year-on-year, according to data released by the National Bureau of Statistics.

Xinjiang is the last province to release its local GDP figures. During the

first quarter, Xinjiang’s GDP reached 217.77 billion yuan, up 5.3 percent year-on-year.

In terms of GDP growth rate, a total of 17 regions saw their GDP numbers exceed the “nation

al line” of 6.4 percent. Among them five came from the eastern region and six each from central and western areas.

All the top three came from China’s western area. Yunnan province posted the fastest

growth rate of 9.7 percent year-on-year, followed by Guizhou (9.2 percent) and Tibet (9.1 percent).

The bottom three are Jilin province, Tianjin municipality and Heilongjiang pro

vince, Jilin province, with a growth rate of 2.4 percent, was the weakest performer.

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Xi highlights independent IPR, core technologiesirs a meet

Meeting in Nanchang eyes achieving new advances in development of country’s central region

President Xi Jinping stressed the significance of owning indep

endent intellectual property rights and core technology while visiting a producer of rare

earth, which he hailed as an “important strategic resource”, in Gan­zhou, Jiangxi province, on Monday.

Xi, also general secretary of the Communist Party of Chin

a Central Committee and chairman of the Central Military Commission, visited the JL MAG Ra

re-Earth Co immediately after he arrived in Jiangxi for the three-day inspection tour.

At the company, Xi learned about its production and operation, the r

are earth industry’s development in Ganzhou, the development and application of the co

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According to the latest information from the Tibet Himal

alaya Expedition Co, by Thursday morning, 12 climbers from the company and 21 mou

ntaineering guides successfully reached the summit of the mountain from the northern slope.

Tsering Samdrub, general manger of the company, said with significa

nt training long for 43 days, 12 Chinese climbers made it to the summit.

“The weather on Thursday was so nice. Thanks to this, the climbers were all in very good

condition,” said Tsering Samdrub, commander-in-chief of ongoing spring climbing.

“Hampered by weather factors this year, the final climbing period to the summit was later than the previous year, and clim

bers from different countries all take this opportunity to complete their climbing,” said Samdrub.

Samdrub also said more than 200 climbers are huddled together, which has led to one-two hour postponements of climbing times.

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Although Huang was diagnosed with mild schizophrenia, th

the court said that it was not able to exempt him from punishment as the disorder d

id not have an obvious influence on his ability to distinguish between right and wrong.

“He had an extremely despicable motive, used an extremely cruel manner to carry out the cri

me, and caused a severe consequence and extremely negative social impact,” the court said.

The court pointed out that Huang had planned to carry out the crime for a long time, visiting

several kindergartens and primary schools in Shanghai and Guangzhou, South China’s Guangdong pro

vince, before deciding where to carry out the attack.Police examine the site of a knife attack that occurred in downtown Sh

anghai leaving two boys dead and another boy and a parent wounded on June

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ietnam surpassed India to become the largest buyer of Chin

a’s photovoltaic products. Export value to Vietnam rose 239 times to $739 million in the fi

rst quarter, taking up 16.8 percent of China’s total photovoltaic export value.

With the European Union ending its anti-dumping and anti-subsidy meas

ures, photovoltaic exports from China to Europe also saw large increase in Q1.

The country’s photovoltaic products export volume to the Netherlands and Spain increased 1,049.6 percent and 158.3 perc

ent, respectively, in the first quarter, said the report. It predicted that the emerging markets, such as Mexico, Aus

tralia, Turkey, and the United Arab Emirates will further boost the export of China’s photovoltaic modules.

The export of China’s photovoltaic products to the United States dropped 28.9 pe

rcent to just 0.01 GW in the first quarter, the report said. The Section 201, Section 3

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