th Huawei and some features of 5G are very suitable for the rollout of the superfast techn

ology in Europe. For instance, 5G capacity is 20 times that of 4G, and its power consumption 10 times l

ess. “We also use materials that will not corrode for decades, and these characteristics are very suitable for Europe.”

Ren said the US technologies are still worth learning in both their depth and width. Many small US companies have super-precision products.

“But in our business (5G), Huawei is at the forefront, though when

it comes to comparison between countries, we are still far behind the United States,”Ren added.

“We will not go through an extreme shortage of supplies. We have made sound preparati

ons,” Ren said, adding that the company’s employees are working overtime to prepare for such situations.

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I hope all Asian countries will respect and trust each other, co-exist in harmony, expand cross-border, cross-time-and-space as well as cross-civ

ilization exchanges, and jointly maintain the peaceful time that is more valuable than gold.

Asian people expect Asia of common prosperity

I hope all Asian countries will jointly promote economic globalization that is open, inclusiv

e, balanced, and beneficial to all, and work together to eliminate poverty and backwardness in some countries.

Asian people expect open, integrated Asia

Civilizations will lose vitality if countries go back to isolation and cut themselves off from the rest of the world.

Mutual respect, equal treatment among civilizations stressed

It is foolish to believe that one’s race and civilization are superior to

others, and it is disastrous to willfully reshape or even replace other civilizations.

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Premier Li Keqiang urged government departments to speed up the implementation

of tax reductions to invigorate the country’s economy, amid rising uncertainties about growth on Friday.

Li was speaking with entrepreneurs from the manufacturi

ng, construction and service sectors at the Zhongnanhai leadership compound in Beijing.

The businesspeople said they have received benefits from the tax reduction measu

res in the past months, after the measures were introduced by Li in the Government Work Report in March. They

also offered advice on how to further ease the tax burden on businesses.

After hearing their opinions, Li called tax reduction a great decision made by the Communist Party of China Central Comm

ittee and the State Council. It has boosted market confidence in outstanding ways and promoted the stable

growth of the economy, he said, adding that the positive factors for economic growth are increasing.

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le growth of the economy, he said, adding that the positive factors for economic growth are increasing.

Noting that the uncertainties in the global economic environment are also rising and there remai

n downward pressures on the domestic economy, Li called for both attention and confidence from the entrepreneurs.

Related departments should follow the guidance of Xi Jinping Though

t on Socialism with Chinese Characteristics for a New Era, invigorate the market thro

ugh deepening reform and opening-up and ensure the stable growth of the economy, Li said.

He said that tax reduction is the key to improving the business environm

ent and invigorating the market, which will not only stabilize growth and employment bu

t also encourage companies to invest more in innovation for long-term development.

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sustained sense of security, Xi said.Beijing blasts US Congress for Taiwan defense bill

Xi called for reforms in public security work and said big data should be used as a major engine to promote innovation in the sector. More

measures for higher-quality services should be implemented to give the public a substantial sense of fulfillment, he added.

While demanding that high discipline be exercised within the public security forc

es, Xi said there will be zero tolerance for violations of laws and Party discipline.

He also urged Party committees at all levels to suppo

Beijing resolutely opposes the United States House of Representatives for passing a bill on Tues

day to bolster Taiwan’s defense capability, calling it “boorish interference” in China’s domestic affairs.

Foreign Ministry spokesman Geng Shuang made the comment on Wedn

esday after the House voted to pass a nonbinding resolution reaffirming the US commitment to Taiwan. It also backed the

so­-called Taiwan Assurance Act of 2019, which supports Taiwan increasing its defense spending.

rt public security staff in exercising power and fulfilling their responsibilities in accordance with the law.

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 its urbanization process. Lastly, it plans to have development of urban and rural areas fully integrated by the middle of the century.

Under the plan, China will relax restrictions on new migrants to urban areas, excluding some mega cities.

hen Liuqin, founder and director-general of Beijing-based Qin Dian Think Tank, said the stimulus policy d

emonstrates the government’s commitment to pursue a balanced and integrated development of rural and urban areas.

“The integration of rural and urban areas is not meant to eliminate differences between them, but r

ather to optimize allocation of resources and boost common development,” Chen added. “We sho

uld abandon the fixed mindset and consider both rural and urban areas as a unified ecosystem.”

According to Chen, with the high-quality development strategy and more integration, there is huge market potential in many cities.

Specifically, the government will increase spending on rural infrastructure, including roads, ferries and public tran

sport. And it will encourage public-private partnerships in rural infrastructure such as water supply, waste

management and sewage treatment, farmers markets, power supply, telecommunications and logistics.

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Chinese President Xi Jinping congratulated Thai King

Maha Vajiralongkorn on being crowned officially on Saturday.

On behalf of the Chinese government and people, and in his own name, Xi express

ed in a message sincere congratulations and good wishes to the king and the Thai people.

The king is an old friend of the Chinese people and has been attending to and supp

orting the cause of friendship between the two countries for long, Xi said in the message.

“I attach great importance to the development of China-Thailand rel

ations and stand ready to make joint efforts with you to carry forward the traditional C

hina-Thailand friendship, deepen cooperation in building the Belt and Road jointly, and push forward the comp

rehensive strategic cooperative partnership between the two countries to make bigger headway,” Xi said.

The Chinese president wished the Kingdom of Thailand flourishing and prosperity, and the people happiness and good health.

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China has made various moves recently to expand the new round of reform and opening-up — such as the approval of the For

eign Investment Law in March and further facilitating trade connectivity under the Belt and Road Initiative. It will con

tinue opening its market in a proactive, steady and orderly manner, in accordance with its own development need

s and its own pace and timetable, to benefit Chinese and global consumers across the world, said Tu Xinquan, a pr

ofessor of international trade at the University of International Business and Economics in Beijing.

James Collins, CEO of Corteva Agriscience, the agricultural division of US-

based DowDuPont, said he hopes the two countries will reach a positive resolution, to benefit both countries and the r

est of the world. Collins said his firm was “not so much affected” in the short term by China-US trade tensions.

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 tertiary sector, which is mainly services, grew from 56.7 to 57.3 percent of GDP from the same period last year. The

Index of Services Production increased 7.4 percent year-on-year, higher than the growth rate of overall GDP.

Overall retail sales of consumer goods also grew at 8.3 percent. Sales of upgraded consumer goods witnessed fast gro

wth, with the highest rates concentrated in upgraded products such as cosmetics, phones and computers.

And, high-tech services grew at an astonishing rate of 21.2 percent. In prepa

ring for consumer 5G telecoms next year, the output of mobile communications base stations grew 153.7 percent.

The data also show strong movement toward the government’s goal

of creating an ecological civilization. New energy automobiles and solar cells grew by 48.2 percen

t and 18.2 percent, respectively. Sales of urban rail vehicles grew by 54.1 percent, showing the

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intly build the Belt and Road, deepen mutual political trust and pragmatic cooperation and pr

omote the development of the China-Chile comprehensive strategic partnership to a higher level, Xi said.

The two countries should promote the upgrading of bilateral tra

de and investment and enhance cooperation in such areas as minerals, clean energy, infor

mation technology, e-commerce, innovation and scientific research on the Antarctic, he said.

Xi called on the two countries to make joint efforts to celebrate the 50th anni

versary of China-Chile diplomatic ties next year and promote people-to-people exchanges.

China supports Chile’s hosting of the United Nations climate change confere

nce and the Asia-Pacific Economic Cooperation economic leaders’ meeting this year, Xi said.

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