ZTE Corp, another Chinese telecom gear vendor,also said

ZTE Corp, another Chinese telecom gear vendor,also said

 in a statement that its products are ready for commercial use and it will acti

vely participate in the commercial deployment and construction of 5G netw

orks in China, and will work closely with industry partners to actively promote the application of 5G.

China is set to become the world’s largest 5G market by 2025, with 460 million 5G users, according to a forecast by the Glo

bal System for Mobile Communications Association, an industry group.

The country’s telecom carriers are expected to spend 900 billion

to 1.5 trillion yuan ($134 billion to $223 billion) in total on 5G network

construction from 2020 to 2025, according to a report from the China Academy of Information and Co

mmunications Technology.China’s Dragon Boat Festival, or Duanwu, is just ar

ound the corner. Also called the Double Fifth Festival, the holiday, which falls on J

une 7 this year, is celebrated on the fifth day of the fifth month of the lunar calendar.

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The region’s measures for mountaineering safety ma

The region’s measures for mountaineering safety ma

anagement include controlling the number of climbers, limiting the climbing seas

on, setting high requirements and maintaining the high-traffic climbing routes.

“Seasonally, since 2017, we have only allowed climbers on Mount Q

omolangma in spring due to favorable weather conditions of the northern slope,” Trinley said.

“Controlling the number of climbers is another key measure to ensure both mountaineering safety and ecological protection,” he said.

In 2019, the north face routes had a total of 362 people, including 142 foreign climbers from

33 countries, 12 domestic climbers and 208 Nepali Sherpa mountaineering guides, the association said.

Within the last few years, the overall number of climbers has averaged 290, the association said.

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China to remain steadfast protecting national security

China to remain steadfast protecting national security

China welcomes the United States’ willingness to develop a stable mi

litary-to-military relationship, but will remain steadfast in safeguarding national sove

reignty and security, a senior Chinese military official said on Saturday in Singapore.

In a keynote speech at the annual Shangri-La Dialogue on Saturday morning, acting US Defen

se Secretary Patrick Shanahan said that China and the US can still have a cooperative relati

onship. Although competition does exist between the two countries, it does not always mean conflict, he added.

Shanahan also noted some “destabilizing activities” in Asia and emphasized the US’s military

presence and commitment in the region. He called for more communication between the US and Chi

nese militaries to settle their differences and build a constructive relationship.

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President’s Russia visit eyes global stabilityernational Coo

President’s Russia visit eyes global stabilityernational Coo

President Xi Jinping’s upcoming visit to Russia reflects close cooperation between China and Russia, which is impo

rtant to maintain the stability of the international community amid rising uncertainties, analysts said.

Xi will make a state visit to Russia from June 5 to 7 and attend the 23rd St. Petersburg Inter

national Economic Forum, Foreign Ministry spokesman Lu Kang announced on Wednesday.

The trip is part of the annual exchange of visits between the two countries’

heads of state, after Russian President Vladimir Putin attended the Second Belt and Road For

um for International Cooperation in Beijing in April and had talks with Xi on the sidelines.

The visit will further display the strength of bilateral ties, which are developing “very good” momentum both politically and

economically, said Ruan Zongze, vice-president of the China Institute of International Studies.

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5G is not just a faster 4G. It will fundamentally reshape

5G is not just a faster 4G. It will fundamentally reshape

 how enterprises run businesses and overhaul a wide range of industries by using data to create more value,” Lu said.

Greater access to China’s financial sector will encourage global investors and dispel the gloom clouding the global econo

my amid Beijing’s trade tensions with Washington, according to senior officials and economists.

Chinese financial regulators are preparing a comprehensive opening-up, with more new measures in the pipeline. Forei

gn institutions with advanced performance in risk management, credit rating, consumer finance, endowments an

d health insurance are especially welcome, senior officials stressed over the weekend.

The opening measures will offset part of the negative impacts of trade friction on economic

recovery, and enable China to reach its GDP growth target of above 6 percent this year, they said.

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it its lowest level since November. Trade talks betw

it its lowest level since November. Trade talks betw

ween China and the United States recently faltered and a large amount of additional tariffs are expected to be imposed on imports from both sides.

China will take necessary measures, in response to foreign exchange market flu

ctuations, including using a strengthened risk management system, said Pan.

He also stressed that authorities would crack down on illegal activities in foreign exchange trading.

“China has sufficient policy tools,” said Pan, who is also director of th

e State Administration of Foreign Exchange, the country’s foreign exchange regulator.

The PBOC vice-governor also confirmed on Sunday that China will continually implement

opening-up policies and improve the environment for overseas investors and protect the legal rights of foreign investors.

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Another major problem is that the return on equity in the

Another major problem is that the return on equity in the

infrastructure sector is a mere 3 percent while that in the US capital market is about 12 percent. So how can the US attract more private capital to the infr

astructure sector without guaranteeing a return on equity equal to that in the capital market?

US suffering from a financial Dutch disease

The US’ monetary hegemony is itself a big impediment to the reindustria

lization process, which could be viewed as a sort of financial Dutch disease-the apparent causal

relationship between the increase in the economic development of a specific sector and a decline in other sectors. The mor

e heated the US stock market gets, the more serious the Dutch disease will become. And, ironically, the US leader is k

een on strengthening the stock market to showcase his political and economic track record.

Besides, the US administration cannot launch large-scale infrastructure construction projects, significantly redu

ce the trade deficit with China and deny Chinese investors access to its market all at the same time.

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With 1,000 days to go before the 2022 Winter Olympic

With 1,000 days to go before the 2022 Winter Olympic

 preparations are well underway for a successful and sustainable event.

Built for the 2008 Summer Games, Olympic Park in Beijing’s no

rthern downtown area entered the spotlight again on Friday as the country began its cou

ntdown. The 2022 Winter Olympics, will be held in Beijing and co-host Zhangjiakou in adjacent Hebei province.

As the symbolic “1,000” flashed on a digital clock on the park’s Linglong Tow

er, a broadcasting facility for the 2008 Games, expectations were heightened f

or the winter sports extravaganza, which will run from Feb 4 to 20 in 2022. Three zones will feature ath

letic events — downtown Beijing, the city’s northwest Yanqing district and Zhangjiakou’s mountain district Chongli.

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A purported doctor who goes by the alias Dahanc

A purported doctor who goes by the alias Dahanc

chengxiang recently wrote a WeChat article saying he often encountered patients who fell for the fake adverti

sements, wasted money and treatment time and thus missed the opportunity to be cured.

The netizen also strongly opposed Li’s nomination shortly after the announce

ment, saying in an article that Li was morally unqualified because of Baidu’s insufficient regulation of adver

tising. The article went viral on social media but was removed over complains of libel by Baidu.

Li would not be the first controversial engineer to become an acade

mician, which carries perks such as stipends and medical se

rvices. In 2011, the public was outraged when Xie Jianping, a chemical engineer who created less harmful to

bacco products, became an academician of the Chinese Academy of Engineering.

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Such a personal goal can be seen, to a certain extentas a

Such a personal goal can be seen, to a certain extentas a

microcosm of the national aspirations of both of their countries to gain a place in the global space arena via the cooperation and assistance of China.

Chea and Moreno Pena are part of a training program hosted by the China Academy of Space Technology.

The idea is to train a small group of elite foreign students to become s

pace industry engineers capable of developing and manufacturing satellites on their o

wn, thus enabling their countries to build their respective space industries and explore space.

Eight people are taking part in the program, which began in March 2018-two Ve

nezuelans, two Pakistanis, one Cambodian, one Russian, one Belarusian and one Kazakh.

“I am the first-ever Cambodian studying spacecraft knowledge,” Chea told

China Daily recently at the Shenzhou Institute, which is run by the academy.

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