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large number of companies will launch their produ

cts and technologies at the expo, according to the report. Signi

fy, for instance, will showcase its latest lighting technologies and further development of Li

Fi (a technology which uses visible light to transfer data), as well as new applications for the Interact IoT lighting platform.

CSSC Cruise Technology Development Co Ltd, the cruise business arm of the China State Shipbuilding Co

td, aims to promote joint ventures and cooperation with the core cruise supporting enterpr

ises in Italy and Germany, to build a local supporting and ecological system around the cruise industry.

“It is expected that there will be signing activities and showcases of the latest technologies and products about cruise,” said Gu Peng

cheng, deputy director of the company’s Strategic Planning Department, in the report.

The second CIIE will have seven categories in the business exhibition, namely sci-tech l

ife, motoring, equipment, medical equipment and healthcare products, quality

51kuban.com.cn

The world’s largest unicorn is Beijing Bytedance Tech

nology Co. The Chinese multimedia giant, owner of personalized news aggre

gator Toutiao and popular short video platform Douyin or Tik Tok, is worth $75 billion.

More than 100 unicorns are projected to have an initial public offering this year, including Uber and Airbnb, while ride-hailing servic

e provider Lyft and online scrapbook company Pinterest have already hit the public market, the report said.

Unicorns are most likely to appear in internet software services and e-commerce, while the most valued ones are m

ostly found in the on-demand transportation sector, Desjardins said. celebrate the Dragon Boat Festival, fo

reign students from the Chinese Culture and Literature School at Nankai Univer

iglhlg.cn

Countries strive to replicate historic Silk Road’s world-changi

China would like to make joint efforts with Italy to revive the ancient Silk Road and bring more benefits for the people, President Xi Jinping said on Friday.

Xi made the remark while speaking to the media with Italian President Sergio Mattarella

in Rome. Xi left Beijing on Thursday for state visits to Italy, Monaco and France. His trip will conclude on Tuesday.

The ancient Silk Road boosted interconnectivity between Asia and Europe, and it encouraged exchanges between civilizations, Xi said.

Xi told reporters that his discussion with Mattarella was fruitful and the two leaders reached a wide range of consensuses.

China and Italy should connect their developmental strategies and enhance cooperation in such areas as infra

structure, seaports, logistics and maritime transport while promoting practical cooperation under the Belt and Road, Xi said.

China would like to increase trade and investment with Italy, Xi said, adding that Ita

ly is welcome at the second China International Import Expo as an honored guest. China would like to import more prod

ucts of high quality from Italy, and more domestic companies are being encouraged to invest in Italy, he said.

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William, Kate, Harry and Meghan condemn “horrifying assault”today.

  William and Kate, The Duke and Duchess of Cambridge, and Harry and Meghan, The Duke and Duchess of Sus

sex, have said they have all spent time in Christchurch and its “open-hearted and generous” people.

  They condemned the violence on the Muslim community, calling it “horrifying assault on a way of life that embodies decency, community, and friendship.”

  ”No person should ever have to fear attending a sacred place of worship,” the royal couples said in a statement.

  Here’s the full statement:

  Our hearts go out to the families and friends of the people who lost their lives in the devastating attack in Christchurch.

  We have all been fortunate to spend time in Christchurch and have felt the warm, open-hearted and generous spirit that is core to its remarkable people.

  No person should ever have to fear attending a sacred place of worship.

  This senseless attack is an affront to the people of Christchurch and New Zealand, and the broader Muslim comm

unity. It is a horrifying assault on a way of life that embodies decency, community, and friendship.

  We know that from this devastation and deep mourning, the people of New Zealand will unite to show that such evil can never defeat compassion and tolerance.

  We send our thoughts and prayers to everyone in New Zealand today.

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Foreign investment law to serve as basic law second sess

The adoption of the foreign investment law is an innovation in the legal system on foreign investment and is to replace the existing three law

s and serve as the basic law on foreign investment as China continues to open up in the new era, said Zh

ang Yesui, spokesman for the second session of the 13th NPC, on Monday during a press conference.

The draft foreign investment law clearly stipulates that foreign invest

ment in China will be subject to pre-established national treatment plus a negative list man

agement system and the case-by-case approval management mode will be abolished, he said.

According to the draft law, industries where foreign investment is prohibited or restricted are specified in the negative list. Industri

es that are not on the list will be fully open, with domestic and foreign firms enjoying the same treatment.

“This is fundamental change in China’s foreign investment mana

gement system, and help create a more open, transparent and predictable environment for inv

estors and provide stronger legal guarantee on China’s new opening-up,” Zhang said.

113xe.cn

Although the idea of Huawei engaging in espionage is te

ically possible, it does not make any sense from a commercial or political point of view.

Such a practice would be tantamount to suicide for a high-tech giant. If the Chinese governme

nt forced Huawei to do this, it would be stifling the country’s emerging industries. But intelligence can

not be mentioned in the same breath as Huawei’s contribution to China’s industrial prosperity and national interests.

Hyping the alleged Huawei threat has violated the basic spirit of seeking truth from facts. The West is prioritizing ide

ology and considering excluding China as political correctness. Many people in Europe are aware of the lies, but

still beating the drum for a certain value orientation rather than conducting an objective analysis.

The world is changing, and if Europe keeps prioritizing ideology and political correctness in dealing with every new situation, that would be dangerous.

What Europe needs is not only the ability to distinguish between right and wrong, but also the co

urage to make its own independent choices. Europe’s cooperation with Huawei on construction of a 4G

network is already an established fact, but it seems now that beneficial collaboration has become one of the biggest risks.

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Let’s reap potential of China-Myanmar cooperation

Since Myanmar embarked on its political transition, political elites in the country have championed that peace is the premise for economic and social developme

nt. In the first two years of the government led by National League for Democracy (NLD), Nay Pyi Taw devoted a lot of efforts to promoting national recon

ciliation with the hope of making a major breakthrough and consolidating public support. Regrettably, results are no

t satisfactory. The NLD government is currently locked in a stalemate over national reconciliation.

It has also performed poorly in boosting the economy and improving people’s lives. Main economic indicators suggest that since the N

LD government assumed power, Living standards haven’t substantially improved, and more economic problems have surfaced to plague the c

ountry. One of the main reasons why the NLD lost seats in the 2018 elections is the government’s lackluster economic performance. If the e

conomy doesn’t improve, it will inevitably affect the NLD’s potential for victory in the 2020 election.

Therefore, the NLD government is now attaching increasing importance to economic and live

lihood issues. It has issued a string of policies to attract foreign investment. Take the new Myanmar

Companies Act. Under the law, foreigners are permitted to take up to a 35 percent stake in local companies and bus

inesses with foreign stakes of more than 35 percent will be classified as a foreign company, which facilitates co

operation between foreign investors and local businessmen and will help attract more foreign investment.

chinaherb.cc

Zheng Wen, director-general of the ministry’s department of

circulation industry development, said online sales have become an important engine to stimulate domestic spending and i

mports. “Durable consumer goods with high-tech features and branded foreign products have huge commercial potential,” Zheng said.

Chinese e-commerce giant JD reported robust sales between Feb 3 and Friday, with sales revenue jumpi

ng 42.74 percent year-on-year. Smartphones, computers and home appliances were the top three items on JD in terms of sales value.

Chinese consumers tend to buy high-quality and diversified products, the comp

any said. Kitchenware sales posted the strongest growth — 399 percent year-on-year. That was followed by furniture and

luggage, with their respective sales revenue up 185 percent and 148 percent, JD reported.

China UnionPay, the country’s largest bank card operater by market share, saw its total transaction volume over the ho

liday period reach 1.16 trillion yuan, jumping 71.4 percent year-on-year, the company said on Monday.

www.qe78w.cn

South Korea began paying for the U.S. military deplo

the early 1990s, after rebuilding its economy from the devastation of the 1950-1953 Korean War.

About 20 anti-U.S. activists rallied near the Foreign Ministry building in Seoul on Su

nday, chanting slogans like “No more money for U.S. troops.” No violence was reported.

“The United States government realizes that Korea does a lot for our alliance and peace an

d stability in the region,” chief U.S. negotiator Timothy Betts said Sunday in Seoul. “We are very pleased ou

r consultations resulted in agreement that will strengthen transparency and deepen our cooperation and the alliance.”

The deal, which involves the spending of South Korean taxpayer money, requires parliam

entary approval in South Korea, but not in the United States, according to Seoul’s Foreign Ministry.

The allies had failed to reach a new cost-sharing plan during some 10 rounds of tal

ks. A five-year 2014 deal that covered South Korea’s payment last year expired at the end of 2018.

shuyin-edu.cn

What’s the matter with Huawei releasing Kuipeng chip?

Huawei has made another big move in the field of chip. Today, Huawei released its 7Nm “Kupeng 920” chip. It is reported that “Kupeng 920”

chip is the highest performance chip in the industry, based on the authorized ARMv8 architecture.

At the same time, Huawei launched three Taishan servers based on Kunpeng 920 TaiShan series.

Huawei officials said that Kunpeng 920 is a chip designed for distributed storage and large data processing applications. Like Heise Kirin 980,

it is manufactured in a 7-nanometer process. It is reported that the 920 Kunpeng SPECint benchmark test is over 930 points, but also over

the industry benchmark 25% higher, and has more than 30% energy-saving efficiency. It is known

as the highest performance Arm architecture chip in the industry, and it is also well-known.

Kuipeng 920 integrates 8-channel DDR4, 64 cores and 100G RoCE Ethernet card. Its main frequency is 2.6GHz. It can provide 640Gbps total

broadband. It is designed by Huawei. It will greatly improve the performance of storage and all kinds of accelerators.

According to people familiar with the situation, Kunpeng 920 will be first used in Huawei Arm server product line. At the same time,

Huawei has also launched three new Taishan server models, which are deeply studied in terms of storage, high density and so on.

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