Shenzhen hi-tech zone to house 上海夜生活new firms

Shenzhen National High-Tech Zone plans to add an additional 2,000 high-tech enterprises to its premise

上海夜生活s this year, according to a government meeting on the city’s high-tech industrial development on Monday.

Enterprises engaged in frontier industries such as AI, integrated circuits, new energy

, robotics, life health and new materials will be preferred, according to information disclosed at the meeting.上海夜生活女神会所

The zone, totaling 159.48 sq km and comprising five industrial parks in Nanshan, Pingshan, Longgang, Bao’an and L

onghua districts, will house more than 60 percent of Shenzhen’s total high-tech enterprises, meeting attendees were told.

Aiming to become a world-class high-tech park, the zone will cultivate a first-class ecosystem chain for facilitating the development of innovative businesses by bui上海夜生活

lding key infrastructures, labs, test bases, innovation incubators, research institutes and service agencies.

The zone’s Nanshan park is intended to develop into the main comprehensive na

tional-level science center of the Guangdong-Hong Kong-Macao Greater Bay Area.上海夜生活女神会所

In the next few years, the Nanshan park will speed up construction of t

he Tsinghua Shenzhen International Graduate School, SUSTech Institute of M

icroelectronics, Pengcheng Laboratory, Shenzhen Bay Laboratory and Nobel Laureate Laboratory.上海夜生活

The park will also dismantle old factories to add 3.5 million sq meters of floor space for industrial development.

上海夜生活女神会所Shenzhen’s first united headquarters building will also be located in the N

anshan park to house 15 high-tech firms, 12 of which will be listed companies.

The zone’s Pingshan park, occupying 51.6 square kilometers, is the largest among the five parks across the city. It is divided into the southern and nort

hern areas. The northern area features a new-energy industry headquarters while the southern area, where Shenzhen T

上海夜生活女神会所echnology University is located, is focused on education, intelligent manufacturing and innovative services.

In 2019, the Pingshan park will provide an additional 50,000 sq km of land for indust

rial development through urban rejuvenation and upgrading old industrial parks.

Shenzhen National High-Tech Zone, inaugurated in 1996, was transformed from Shenzhen Science and Technology Park, which was set up in 1985.

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Chen Zuoning, vice-president o上海夜生活f theAcademy of Eng

ineering, said the commercialization of 5G will reshape how software is applied to different industries, with cloud computing expected to play a bigger role in boost

上海夜生活女神会所ing efficiency in corporate governance and factory production. International cooperation is needed to better adapt to such a trend.

Bill McDermott, CEO of German software and cloud giant SAP, called the Chinese market “the jew上海夜生活

el in the crown” for the company in an earlier interview and said the company is doubling down on its presence here.

“I will not be surprised if China becomes our largest market by 2025, with local companies scrambli上海夜生活

ng to upgrade their corporate management methods and factories with digital technologies,” McDermott said.

The technology giant delivered its best results in the country in 2018 and promised in January to pour more resourc

上海夜生活女神会所es into expanding its presence in the market for small and medium-sized enterprises and building up the local talent and infrastructure in China.

Chief Executive of the Hong Kong Special Administrative Region (HKSAR) Carrie Lam Ch

eng Yuet-ngor on Monday vowed to double the government’s efforts to get the city off to a new start.上海夜生活女神会所

That has imposed greater downside risks for Hong Kong’s economy, and the governmen

t should devote its energy to taking precautionary measures as well as making appropriate responses, Lam said.

Looking back at the past 22 years, Hong Kong has experienced some changes, ups and downs in the politi上海夜生活女神会所

cal, economic and social areas. Yet, Hong Kong has, generally speaking, remained stable and prosperous, she said.

Backed by the motherland and open to the world, Hong Kong has continued to leverag

e its unique advantages under the “one country, two systems” principle, said the chief executive.

Lam made the remarks at a reception to celebrate the 22nd anniversary of Hong Kong’s return to the motherland and the establishment of the HKSAR.

Every year, July 1 is an opportunity to look back on the past and look forward to a new year ahead for the SAR, she said.

“Serving over 7 million people in Hong Kong, we also have much to do in the future to improve people’s livelihoods,” said Lam.

That requires Hong Kong society to make plans together and work in concert, Lam said.

She also took note of the problems the city is currently facing, including the unstable

external environment and the unsolved trade conflicts between China and the United States.

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The previously issued policy is sufficient to stabilize

growth by 20上海夜生活女神会所20, despite the recent US tariff hike, according to the fund’s report. “No additional policy easin

g is needed, provided there are no further increases in tariffs or a significant slowdown in growth.”

Only if the trade tensions further escalate and threaten economic and financial stabi

lity, additional policy easing, such as fiscal expansion, could be used to stabilize the economy, it said.

Commercialization comes before the original 2020 target

The Ministry of Industry and Information Technology on Thursday officially rolled out commercial 5G licen

ses, marking a key step toward a crucial period for the next-generation 5G commercial use.

The ministry granted the 5G licenses to the nation’s three major telecom carriers — China Mo

bile, China Telecom and China Unicom — as well as State-owned China Broadcasting Network Corp.

Minister of Industry and Information Technology Miao Wei said China welcomes foreign companies to actively par

ticipate in the construction of its 5G market and share in the benefits generated in the market.

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Established in 2001, Changan Ford is a Sino-US joint ve

joint venture with registered capital of $241 million.

Chongqing Changan Automobile Co Ltd remains the largest shareholder, with a 50 percent stake.

Ford Asia-Pacific Automobile holdings own 35 percent of company shares, while Ford Motor (China) holds a 15 percent stake.

The share price of Chang’an Motors once plummeted around seven percent on Wednesday morning.

Changan Ford said in a statement later on Wednesday that the company fully respects

and will abide by the decision made by national authorities in the anti-monopoly investigation. The company fu

rther said that it has taken action to standardize regional sales management with dealers.

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Footwear makers: cut and run from tariffsrtment at the

US sneaker giant Nike and fancy shoemaker Allen Edmonds have joined the chorus of busines

s groups calling for the White House to hit the brakes on its move to raise duties on Chinese shoes an

d other products, further challenging President Donald Trump’s claim that China is paying for the tariffs.

A week after Trump threatened to impose tariffs on the remaining $300 billion of goods imported from Chi

na, more than 100 American shoe and sneaker companies, brands and retailers signed an open letter to the president saying the p

olicy “would be catastrophic” for consumers, businesses and the US economy.

“Your proposal to add tariffs on all imports from China is ask

ing the American consumer to foot the bill,” said the letter, dated on Monday and signed by

the companies. It was posted on the website of the Footwear Distributors and Retailers of America (FDRA).

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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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Xi’s remarks will guide younger generations in taking his

tory as a mirror, and combining their personal ideals with the dream of national rejuvenation, Hu Xianzhong, a senior re

searcher at the China Youth and Children Research Center, said in an article published by China Youth Daily on Sunday.

Since the movement began nearly a century ago, the country’s youth

has been collectively marching with the times and the people under the leadership of the C

PC-whether in periods of revolution, construction, or in the nation’s campaign of reform and openingup, Hu said.

As the centenary of the movement draws near, a good understanding of its history will make yout

hs know more about why their futures are closely connected with the rejuvenation of the Chinese nation so that

they will find their niches and play bigger roles in the country’s socialist cause, he added.

Chen Yuhao, a postgraduate student at the U

niversity of International Business and Economics, said the spirit of patriotism, progress, democracy and s

cience is still the core value of Chinese youth, and should be upheld and carried forward in the new era.

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Bernard Dewit, chairman of the Belgian-Chinese Cham

ber of Commerce, said that industrial and trade relations between the EU and China will i

ncrease following the meeting, and that China has made great efforts to open its market to European companies.

“China’s new Foreign Investment Law, which has just been (approved), will greatly reassure European investors of the com

mitment of the Chinese government to further protect foreign investments in China,” he said.

Wang Yiwei, a professor of international relations at Renmin University of China, said in an article

published in the People’s Daily Overseas Edition on Wednesday that the Chinese and EU lead

ers’ strategic communication on important issues will help foster new areas for bilateral cooperation.

The concerted efforts made by the two sides to cope with the common challenges

and develop win-win cooperation will add stability to an increasingly uncertain world, he added.

Hu Yongqi contributed to this story.

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Ardern met with Premier Li Keqiang on Monday morn

ing, and the two witnessed the signing of four cooperative documents to pr

omote cooperation in tax issues, agriculture, finance and science at a signing cer

emony. A joint declaration on climate change was also released after their meeting.

Zhao Jianglin, a researcher of Asia-Pacific economic studies at the Chinese Academy of Social Sciences, said the visit by Ardern

will provide a timely boost to China-New Zealand relations after the dispute over the use of Chinese telecom equipment.

China has been a key trade partner with New Zealand, which could also provide important s

upport to the Belt and Road Initiative and China’s relations with countries in the South Pacific, she said.

A price cut swept China’s many sectors on Monday, as value-added tax rate reduction officially kicked in.

This year’s Government Work Report, which was released las

t month, said the rate bracket of 16 percent in manufacturing and other industries will

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North Korea has yet to issue any direct public statement on

  the decision to withdraw. Chad O’Carroll, an analyst and chief executive of the K

orea Risk Group, said the move was to be expected following the failure of the Hanoi summit.

  ”North Korea’s pull-out Friday from the Kaesong Lias

on Office has been on cards since Hanoi, given recent no-shows there,” he said on Twitter.

  He added that the move was designed to send a message that from

Pyongyang’s perspective “Seoul has insufficient influence” over the US-North Korea rela

tionship and that intra-Korean talks are increasingly pointless, “when sanctions prevent practical cooperation.”

  Following the Trump-Kim summit in Hanoi, the US and South Korea canceled major war ga

mes that have long been a source of tensions on the Korean Peninsula in order to “support diplomatic efforts” with Pyongyang.

  Speaking on Thursday, Joseph Dunford, chairman of the US Joint Chiefs of Staff, said he was “absolutely confide

nt” that smaller exercises held in place of the traditional war games enabled the US and South Korean forces to “maintain readiness.”

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