Besides their cooperation in infrastructure investment und

der the framew阿拉爱上海女神会所ork of the Belt and Road Initiative, he said, China will facilitate imports of agricultu

ral products such as soybeans and grains from the Central Asian countries to its huge market.

“Priority will be given to the agricultural and husbandry fields in futu

re cooperation between China and the Central Asian nations,” he added.

Xi will also have a series of bilateral meetings with some of the lea

ders of other countries attending the SCO summit, and he will exchange views with th

em on bilateral ties as well as the major international issues of common concern, Zhang said.

One prominent problem in international relations is trade protectionism and unilateralism, Zhang said, so it’s not strange

that trade issues will be an important subject for bilateral meetings between Xi and the foreign leaders.

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The 5G licensing will help deepen structural reform

 in the tel阿拉爱上海女神会所ecom industry, improve the level of social and economic informatization and foster seve

ral leading companies with global competitiveness,” said China Mobile Chairman Yang Jie.

China Mobile claimed its 5G services will be available in more than 40 cities by the end of September.

China Telecom also said in a statement that the 5G licensing will be a key step to build the country into a cyber power. It is also cond

ucive to gaining a competitive edge in the telecom sector, which will help drive technological innovation, em

brace industrial upgrading as well as boost high-quality economic growth, the company said.

China Unicom noted it will continue welcoming foreign companies to participate in domestic 5G construction.

“The 5G licensing will be a significant boost to the domestic economy as it will drive

the transformation and upgrading of the real economy, promote 5G applications in

www.chuangxiangjie.cn

Fortunately, a growing number of Chinese high net wort

th investors have started to realize the importance of not putting all their eggs in one basket, said Zi Yu

an, head of investment platforms and solutions at UBS Securities. One solution is to hold dif

ferent currencies to avoid the possible risk of the exchange rate fluctuation of one single currency.

“They are looking at more overseas markets. Different markets sometimes are litt

le connected. For example, the Chinese stock market was really disheartening last year. But if an investor all

ocated his assets in the US stock market or other markets with high yield bonds, the loss in the Chinese stock m

arket will be offset and the stability of the entire investment portfolio will be further consolidated,” he said.

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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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countries work to tackle disastersrs ago during which the s

Scientists from China and other countries involved in the Belt

and Road Initiative will work together to enhance scientific and technological coop

eration in disaster prevention and mitigation, according to a joint declaration.

The collaboration aims to make areas along the initiative safer, more sustainable a

nd disaster-proof, according to the declaration published during the two-day International Conference on Silk-r

oad Disaster Risk Reduction and Development, which concluded in Beijing on Sunday.

Sunday marked China’s 11th National Disaster Prevention and Reduct

ion Day, an annual event which began in 2009 after a devastating earthquake hit Sic

huan and neighboring provinces on May 12, 2008, leaving over 87,000 dead or missing.

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teps aimed at helping further develop countryside opt

hina will undertake key measures to further integrate the country’s rural and urban areas

and encourage the transfer and free flow of people and resources throughout the nation.

Measures include relaxing hukou (household registration) barri

ers, reforming zoning regulations for rural and residential land, marketing collective land

in rural areas for development purposes and increasing infrastructure spending in the countryside.

Experts said the new plan, announced by the Communist Party of China Ce

ntral Committee and the State Council late on Sunday, is aimed at helping realize steady progr

ess in rural revitalization, driving up the process of urbanization and further boosting the economy.

China has a three-step plan. First, it will initially build a framework an

d mechanism for integrated development of urban and rural areas, and gradually rem

ove limits on hukou registration in cities by 2022. Second, it will bring about an improved framewo

bbdq.com.cn

Sino-US talks on trade seen as productiveets with US Trade

Negotiators from two sides aim to meet next week in Washington to continue

Vice-Premier Liu He, US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin met in

Beijing from Tuesday to Wednesday for the 10th round of trade talks between China and the United States.

The two sides are working on putting bilateral trade on a stronger footing, and the lat

est meetings were productive, Mnuchin wrote on his Twitter account, without giving details.

A Chinese team is scheduled to visit Washington next week for another round of talks, Xinhua News Agency reported.

Liu is also a member of the Political Bureau of the Communist Party of China Central Co

mmittee and chief of the Chinese side of the China-US comprehensive economic dialogue.

China and the US have been expediting their economic and trade consultations, with a goal of

implementing the consensuses President Xi Jinping and US President Donald Trump reached in D

ecember, said Xue Rongjiu, deputy director of the China Society for WTO Studies in Beijing.

102xe.cn

delivers keynote speech at second B&R forum

President Xi Jinping delivered a keynote speech at the opening ceremony of the Second Belt

and Road Forum for International Cooperation in Beijing on Friday. Here are the highlights.

Belt and Road opens up new space for global economic growth

Joint building of the Belt and Road has opened up new space for the world’s economic grow

th. It also created a new platform to boost international trade and investment, expanded new practices to optim

ize the global economic governance, and made new contributions to improving people’s well-being of all countries.

High-quality development of Belt and Road stressed

The principle of extensive consultation, joint contribution and shared benefits should be uphel

d. The open, green and clean approaches should be adhered to. The goals of high-standard, livelihood-impro

ving and sustainable development should be achieved.High-quality, sustainable infrastructure under BRI highlighted

Infrastructure is the cornerstone of connectivity

and a bottleneck of development confronting many countries. Bui

lding infrastructure with such standards can help countries give full play to their advantages in resources and b

etter integrate into the global supply, industry and value chains for interconnected development.

qsnsjb.org

wei Technologies Co posted 179.7 billion yuan in reve

British Prime Minister Theresa May has given the green light to Chinese telecom giant H

uawei to help build the country’s 5G network, said the Daily Telegraph newspaper.

UK’s National Security Council, which is chaired by May, agree

d on Tuesday to allow Huawei limited access to help build parts

of the network such as antennas and other “noncore” infrastructure, the report said.

Huawei is already present in Britain’s existing noncore mobile network, said a Reuters report.

Previously, Huawei said it “poses no threat” and the best way to win trust is thr

ough “transparency” in response to criticism from some in the United Kingdom.

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reviews naval parade on 70th birthday of Navy

Xi reviewed 18 vessels from 13 countries invited to participate in a naval parade on Tuesday afternoon.

The foreign vessels in the waters off eastern China’s coastal city of Qingdao saluted

Xi, who was on board the destroyer Xining, in their traditional manners as they passed by.

The destroyer Xining sounded its horn to ret

The vessels whistled and officers and soldiers stood in a ceremonial formation, saluting Xi as they passed by.

“Salute to you, comrades,” Xi called out to the officers and soldiers.

“Hail to you, chairman,” they replied.

Xi alternated the greeting with “Comrades, thanks f

or your hard work,” to which the officers and soldiers replied “Serve the peop

urn the salute, and Xi waved to the naval officers and soldiers aboard the vessels

i onboard the destroyer Xining gave an order to commence the naval parade on the sea off Qingdao at about 2:30 pm Tuesday.

A total of 32 vessels of the People’s Liberation Army Navy sailed in six groups, and 39 warplanes of the navy flew in ten echelons.

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