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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China boast 80% of world’s unicornsSince the term “unic

icorn” was first used by venture capitalist Aileen Lee six years ago to describe a privately held startups valued at $1 billio

n or more, the number of companies matching this label has mushroomed to 326, according to a report.

The United States is home to 156 unicorns, nearly half of the world’s total, followed by China with 94 unicorns, Jeff Desj

ardins, editor-in-chief of media site Visual Capitalist, said in a report called Visualizing the Unicorn Landscape in 2019.

The total valuation of the 326 unicorns has been raised to $1.1 trillio

n by investors, of which almost 30 percent is made up by the top seven unicorns with hig

hest valuation, including Bytedance, Uber, Didi Chuxing and WeWork, the report citing data from CB Insights said.

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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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His political beliefs as a Party member supported him du

ring the war period and in serving the people in peacetime, with indiffe

rence to fame and wealth, Zhang told Xinhua News Agency. He said he has been fulfil

ling the oath that he had sworn when joining the Party, and that he doesn’t deserve special recognition for his

achievements, since what he did was negligible compared with those who sacrificed their lives in the war. His left leg

was amputated seven years ago because of an illness, but Zhang stood up again on his prosthesis.

He said he doesn’t want to be a burden for others, and wants his children to work wholehe

artedly for the Party and the people.Escalating disputes between China and the United States could signi

ficantly weaken sentiment in business and financial markets, disrupt global supply chains and create an e

conomic drag this year, the International Monetary Fund warned on Friday.

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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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attracting talents and capital. This in turn prompts the autho

rities to introduce more favorable policies and regulations for the enterprises bas

ed in the US, which is essentially a combination of representative democracy and market econ

omy. Under such circumstances, how can the US promote sustainable reindustrialization?

Besides, reindustrialization is not possible without rebuilding or strengthen

ing infrastructure facilities. And although the US leader has been claiming to implement a trillion-dollar infrastructure

plan-and even made it one of the pillars of his “Make America Great Again” campaign-not much has come of it.

Another major problem is that the return on equity in the infrastructure sector is a mere 3 percent w

hile that in the US capital market is about 12 percent. So how can the US attract more private cap

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

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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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Democrats have accused Barr of misleading Congre

ss by testifying in April that he did not know whether Mueller agreed with his initial characterization of the report – failing t

o mention a March 27 letter from the special counsel complaining that Barr’s initial public summary did not “ful

ly capture the context, nature and substance of this Office’s work.” Several Democrats have called on him to resign.

Nadler had set a Wednesday deadline for Barr to hand over the unred

acted report and its underlying evidence. Barr canceled his testimony after clashing wit

h Nadler over the hearing’s format. Nadler said he will move forward with a contempt citation as soon as Monday.

“The very system of government of the United States – the system of l

imited power, the system of not having a president as a dictator – is very much at sta

ke,” Nadler told reporters after a 15-minute committee session held in place of Barr’s appearance.

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Beijing to enlarge collaborative outreachcorations are pre

Beijing’s municipal government has built bridges between Chinese co

mpanies and countries associated with the Belt and Roa

d Initiative in recent years and plans to enlarge its communication in more fields in the future.

Xiong Jiuling, head of Beijing’s Foreign Affairs Office, said the capital w

ill make greater efforts in nongovernmental exchange programs this year by enh

ancing cooperation in commerce, technology, culture, education and urban management with other nations.

“We will employ better arrangements and methods to coordinat

e different departments to realize our target without increasing government spending,” she said.

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n April 2017, for example, the company took technol

ogy giant Tencent to court and asked for 180,000 yuan in compensation after Tencent us

ed nine Visual China Group images without permission, Beijing Youth Daily reported.

Tencent said the images involved could also be found on other webs

ites, or the company could not prove it had authorization for the photos. The court fina

lly ordered Tencent to pay 40,000 yuan to Visual China, the report added.

Wang Weiwei, a lawyer from the Beijing Zhongwen Law Firm, sai

d, “Mushrooming copyright-related disputes can be acceptable if a stock-ima

ge agency, such as Visual China Group, gets authorization for images from copyright owners.

“Any litigation caused by true copyright infringement is no problem and is justifie

d, as it is also to help protect the legitimate rights and interest of the copyright owners,” he said.

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