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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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President Xi inspects high-tech companyL MAG Rare-Earth

President Xi Jinping inspected a company that manufactures high-tech magnetic m

aterials as he kicked off an inspection trip to East China’s Jiangxi province on Monday.

Xi learned about the business operations of the JL MAG Rare-Earth Co Ltd, based in Ganzhou, which speciali

zes in rare earth permanent magnetic materials, as well as the development of the rare earth sector in the city.

Ren Zhengfei, founder and CEO of Huawei, said on Tuesday that the US governm

ent’s 90-day extension “doesn’t mean much”, adding that the company was ready to deal with the ban.

Ren’s comments came after the US Commerce Department said on Monday that it gave Hu

awei a 90-day license to purchase US technologies to maintain existing networks and provide software upd

ates to existing Huawei handsets. That marks a delay of the ban on US technology exports to Huawei.

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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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Top regulator says economy set for growthand

Transformation of traditional industries speeding up, riding wave of high tech

The Chinese economy is poised for more vigorous growth after gathering new strength through upgrad

es in traditional industries and accelerating the growth of high-tech industries and emerging sectors.

The country will further expand market access with a nationally unified, annually released and timely adjusted negative list for m

ore market vitality, according to the National Development and Reform Commission, China’s top economic regulator.

Meng Wei, spokeswoman of the commission, said at a media conference on Fri

day that China has made steady progress in cultivating new momentum and promoting t

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President stresses AI’s role in growthows the venue of Intellig

hina attaches great importance to innovative development, and it

considers new generation artificial intelligence as the driving force for scientific and technolo

gical development, industrial optimization and upgrading as well as major productivity improvements while it s

trives to achieve high-quality development, President Xi Jinping said on Thursday.

Xi made the remark in a congratulatory letter to the World Intelligence Congress, which opened in Tianjin.

The president noted that AI is having a significant and far-reaching impact on economic development, social progress and gl

obal governance. He expressed hope that participants at this third congress strengthen exchanges, enhance con

sensus and step up cooperation to promote the healthy development of new-generation AI.

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China announces new tariffs on US goodsday that it wil

China said late on Monday that it will increase tariffs on the bulk of $60 billion of US imports to three categories of rates between 10% and 25%.

For the rest of the $60 billion US imports, the duty rate will remains at 5 percent.

The tariffs will hit around 5,000 products and will take effect on June 1.

It is China’s latest response to the additional US tariffs on $200 billion of Chinese goods, which were implemented on Friday morning.

The move fully demonstrates Beijing’s firm determination to defend its due interest

s and legitimate rights in international trade and economic cooperation, according to analysts.

Guanxi, compadrazgo and bapakism. Three words from China, the Philip

pines and Indonesia that encapsulate the same values of the vast continent through the a

ges-a shared belief in the importance of the family and the community over the individual.

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We believe that these things are major issues of prin

ciple. So every country has important principles, and we absolutely c

annot make concessions on such issues of principle,” the vice-premier said.

Liu, however, added that he hoped both sides would exhibit flexibility in the talks.

He refuted the criticism of the US side that China reneged on its promises in the draft trade text.

“We believe that it is only natural to have changes before a final deal; it is something that surely occurs in the process, so we

don’t think the Chinese side has back-walked,” he said, adding that he disagreed with the wording of “renege”.

“We just had differing views on how to phrase some things in t

he text, and we hope to resolve it, so it’s unnecessary to overreact to the issue,” he said.

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Govt should accelerate tax cuts to invigorate economy, pre

Premier Li Keqiang urged government departments to speed up the implement

ation of tax reductions to invigorate the country’s economy, amid rising uncertainties about growth on Friday.

Li was speaking with entrepreneurs from the manufacturing, constructio

n and service sectors at the Zhongnanhai leadership compound in Beijing.

The businesspeople said they have received benefits from the tax reduction measures in t

he past months, after the measures were introduced by Li in the Government Work Report in March. Th

ey also offered advice on how to further ease the tax burden on businesses.

After hearing their opinions, Li called tax reduction a great decision

made by the Communist Party of China Central Committee and the State Council. It has boosted

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He underlined the importance of properly mitigating

various social conflicts, and said efforts must be made to address legitimate and lawful concerns to safeguard public int

erests, and also guide the public in voicing their concerns in a law-based manner to maintain social order.

Strong pressure must be maintained to crack down on crimes such as organized gang activity, violent and terroristic cri

mes, as well as those related to fraud, robbery, food and drug safety, and environmental protection, Xi said.

Calling social fairness and justice a lifeline for judicial and law enforcement work, Xi called for improving the mec

hanism of the use of power in law enforcement as well as the supervision over such powers.

Efforts should be made to help the public feel fairness and justice in every case, Xi said.

He also urged public security staff to improve their work so that human rights can be guarant

eed while crime is fought, and fairness can be ensured while efficiency of law enforcement is pursued.

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President mourns plane tragedyafter an emerg enemetyevo

Investigation underway to find out cause of fire that claimed 41 lives at Moscow airport

President Xi Jinping extended condolences to his Russian counterpart Vladimir

Putin on Monday over the victims of a fire on a passenger plane on Sunday in Moscow.

The landing plane was engulfed in flames, leaving at least 41 dead on Sunday at Sheremetyevo Airport.

Xi said in his message that he was shocked that the plane burst into flames as it ma

de an emergency landing at She­remetyevo Airport in Moscow, which led to major casualties.

On behalf of the Chinese government, the Chinese people and himself, Xi extended deep co

ndolences to the victims and his sincere sympathy to the bereaved families and the injured.

Also on Monday, Premier Li Ke­qiang sent a condolence message to Russian Prime Minister Dmitry Medvedev over the accident.

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