Dongxing Securities analysts noted in the report tha

hat the ban will be an alarm bell for China, and the Chinese government and domestic comp

anies will accelerate the push for developing core industries, including in chips manufacturing.

“As the division of the telecom industrial chain has become globalized, the US ban will also affect US chipmakers’ income,” the report

said. “Huawei lists 33 US companies among core suppliers, accounting for 36 percent of its total key suppliers.”

A strong 7.5 magnitude earthquake struck Peru on Sunday morning, the Geophysical Institute of Peru (IGP) said.

No casualties or material damages have so far been reported.

The IGP first reported the quake measured 7.2 magnitude. It was recorded at 02:41

am local time (0741 GMT) in the province of Alto Amazonas in northern area of the Loreto region.

Hernando Tavera, head of the IGP, told local media: “The quake has been percei

ved with a fairly large radius, including Lima, Junin, Pasco and Iquitos, where there has been a power cut.”

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HiSilicon, which was founded in 2004, has designed chip

ipsets like Kirin, which has been used in Huawei’s high-end smartphones. In addition to server chips, th

e company has also developed chips for base stations, basebands and chipsets powered by artificial intelligence.

“From chips to its self-developed operating system, Huawei has

long been preparing for independent research and development in core technologies. It has the abil

ity to adjust to changes in the global market,” said Xiang Ligang, director-general of the Information Consumption Alliance.

Huawei has also made preparations with core chipsets. Existing s

tocks are thought to provide the company with a buffer of six months to a year, he said.

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All of the respondents said they wanted to install the app

pplication software platforms of the Fengyun satellites for weather forecasting, as well as climate and environment monitoring.

They also requested a range of services, especially in monitoring rainfall, droughts, dust stor

ms, heavy fog and lightning, in addition to training courses on Fengyun meteorological satellite data ana

lysis, remote-sensing applications and data collection.

Many countries along the Belt and Road have high mountains, deserts, oc

eans and a lack of accurate meteorological information. The number of me

teorological disasters in the regions is more than double the global average, the administration said.

Wei Caiying, deputy general-director of the National Satellite Meteorol

ogical Center, said that real-time disaster monitoring by meteorological satellites co

uld provide these countries with a scientific basis for disaster prevention and reduction.

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They will also increase the number of personnel exchan

anges to improve the experience and effectiveness of customs officers, Jin said.

China will continue to conduct joint law enforcement operations with other countries targeti

ng IPR violations, including Russia and the US. Customs officials of the EU, Japan and South Kore

a have responded positively to China’s proposal for law enforcement operations, he said.

“We have been encouraging domestic and overseas enterprises to conduct exchanges on t

echnology and protecting the lawful intellectual property rights of overseas enterprises in China,” Jin said. “We a

lso want other countries to intensify IPR protections for Chinese enterprises on their soil.”

Jin made the comments at a news conference organized by the State Council Infor

mation Office in Beijing for the release of an IPR protection report by the Chinese government.

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In contrast, the US seems to take it for granted that tarif

s are a weapon it can employ to bring China to its knees and extract one-sided

concessions, apparently ignorant to the fac

t that China is not what it was in the late 1800s and early 1900s when the country was forced into signing humil

iating treaties, which resulted in the opening of trading ports and paying of indemnities to Western powers.

Perhaps the blame for the breakdown in the talks should be laid at the door of the mind-set o

f the West, which sees only winners and losers, rather than a holistic whole in

which all benefit from each other.

That Eastern viewpoint explains why

China still hopes that the US will meet it halfway for

the benefit of both countries and both

peoples as well as the development of the world economy.

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The danger here lies in the fact that excessively low

growth targets, based on excessively low estimates of potential growth, lead to lower actual growth. Fo

r an economy the size of China’s, a difference of even 1 percentage point has a huge impact on welfare.

Many economists would counter that a conservative growth target is useful-or even necessary-to create space for struct

ural adjustment. But this claim is unconvincing. Reducing China’s excessive reliance on investment in real es

tate-one of the economy’s most serious structural problems-does not necessarily require a reduction in FAI gro

wth, let alone GDP growth. Nor is slower GDP growth a prerequisite for improving financial stability.

China must pursue as high a growth rate as possible

In my view, because no one is sure what exactly China’s potential growth rate is, the best strategy is to try to achieve as high a g

rowth rate as possible, so long as it doesn’t worsen inflation and hinder structural adjustment.

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While more students are now realizing that studying over

rseas no longer guarantees a well-paid job, the report found that 70 perce

nt of respondents said they do not care about return on investment and are more appr

eciative of other rewards of overseas study experience, including better adaptive ability.

Gao Ang, an undergraduate student at the University of Californi

a, Berkeley, said he does not regret going to the US despite its high cost.

Overseas study provides students with many advantages-their exp

erience tends to equip them with a global mindset and better languag

e and communication skills-important characteristics for future promotion opportunities, he said.

In 2018, 662,100 Chinese people went abroad

to study, up 8.83 percent year-on-year, according to the Ministry of Education.

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hina’s growth a source of hope for allong proclaimi

With Chairman Mao Zedong proclaiming the founding of the People’s Republic of China on

Oct 1, 1949, the Chinese people began leaving behind a century of colonial humiliation and building a new life.

What remains poorly understood by the wider world even seven decades later is how dire were

the conditions in China during those days. While China sustained its triumph, Chinese people’s living stan

dard 70 years ago was barely 5 percent relative to their counterparts in the United States.

It was a dire starting point.

Transitions that raised China’s living standard

In the late 1970s, Deng Xiaoping introduced “reform and opening-up” policies

and established special economic zones, which ultimately facilitated China’s entry int

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lopment and prosperity, we need to promoEquality

te exchanges among civilizations and dialogues based on harmony in

diversity and inclusiveness. We need to undertake the cultural responsibility of int

ernational communicators, and let exchanges of culture and among civilizations, as well as mutual learning, con

stantly serve as bridges for people’s friendship, the impetus of international cooperation and bond of world peace.

Second, we should become builders of world peace and development. The wheel of humanities’ development is uns

toppable. Peace, reconciliation and harmony are historical trends. Equality, mutual trust and win-win cooperation are hi

storical necessities. Yet, as international conventions are attacked and multilateral mechanisms are cha

llenged, the anti-globalization tendency rises, and unilateralism and trade protectionis

qw46q.cn

Local media showed through YouTube image

 of opposition leader Juan Guaido outside the aviation military base La Carlota, located in Altamira in the east of Caracas.

He called on civilians and military to act against the government and urged Maduro to step down.

Venezuela’s Communication and Information Minister Jorge Rodriguez said on Tues

day that the government is deactivating a small group of soldiers who attempted a coup d’etat.

“At the moment we are facing and deactivating a small group of traitor military

personnel who positioned themselves in the Altamira to attempt a coup d’etat,” Rodriguez said.

“The FANB (National Bolivarian Armed Forces) stand firm in defense of the National C

onstitution and its legitimate authorities,” said Defense Minister Vladimir Padrino Lopez in his Twitter account.

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