Month: March 2019

Huawei’s rotating head addresses UK security concerns

Huawei’s rotating Chairman Guo Ping addressed UK’s securit

y concerns after the Chinese telecommunications company was criticized in a report on Thursday.

Huawei’s performance in the past 30 years has proven it has the best security record in the industry, Guo said at a press conference in Beijing on Friday.

The results from authorized professional test and evaluation companies in the US, UK and Finland show 9 out of 12 profes

sional capabilities of Huawei’s products have reached the top level and the other three are above average.

Huawei accepted the strictest and toughest tests from UK’s monitoring institution and was th

e first to promise worldwide that the company will make the process and results secure and trustworthy, Gao said.

The company’s board of directors made a decision to invest $2 billion to improve overall sec

urity capability in the next five years with openness, sincerity and trustworthiness, he added.

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hina aims to reduce cost of logisticsna aims to reduce

 logistics costs by nearly 121 billion yuan ($17.8 billion) this year, the Ministry of Transport an

nounced on Thursday at a news conference of the State Council Information Office.

Spokesman Wu Chungeng said the ministry will unveil a st

ring of measures not only to cut costs but to promote innovative development of the industry.

China will continue to increase railway freight volume, upgrade its

water transportation system, regulate highway freight transport and speed up mul

timodal transport in a bid to improve its logistics network and optimize its structure, Wu said.

It will also further integrate important ports and harbors into the inland multimodal transport and logistics netw

ork, which will connect them with more railways and highways and enable improved cargo interoperability, he said.

The country will also expand the use of pilot programs to deepe

n reform of the administrative law enforcement system in the logistics industry to improve i

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Considering that the aircraft faces uncertainties in its airwo

irworthiness, after looking into the matter, the administration decided to suspend Boe

ing 737 MAX 8 airworthiness certifications immediately,” the Civil Aviation Administration of China said in a sta

tement unveiled on Tuesday, adding that the ongoing investigation had not ruled out design flaws in the aircraft.

“A certificate is granted by the country’s regulator after an aircraft has been inspected and

meets the requirements for safe operation,” said Li Xiaojin, a professor of aviation economics at Civil Aviatio

n University in Tianjin, “It’s a long process to determine whether an aircraft is airworthy.”

It took Boeing 15 months to get an airworthiness certificate for the first 737 MAX 8 from the a

dministration, he said, adding that the certificate was issued in October 2017.

The administration has sent experts to participate in investigations and will rev

iew the model’s airworthiness with a focus on alterations to the jet engine design and pla

cement. It will resume accepting applications for the certificate after the aircraft design is found to meet the requirements.

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hina urges UK to stop interfering in Hong Kong’s affairs

China on Thursday urged the United Kingdom to respect China’s sovereignty and stop interfering in Hong Kong’s affairs.

Foreign Ministry spokesperson Geng Shuang made the remarks after the UK government released its latest six-monthly report on Hong Kong.

“We urge the UK to face the reality that Hong Kong has returned to China for 22 years, respect China’s s

overeignty, stop releasing relevant reports, and stop interfering in Hong Kong’s affairs,” Geng said at a press briefing.

It is undeniable that the “one country, two systems” practice has achieved widely-acknowledged success, he said.

“Hong Kong’s affairs have been entirely China’s internal affairs since

July 1, 1997. The British side has no right to make irresponsible remarks or interfere with any excuses,” Geng said.

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Top court’s new IP tribunal upholds French firm’s patent

The top court on Wednesday ruled in favor of a French global automotive supplier in a patent dispute

with two Chinese car accessory companies amid the country’s intensified efforts to protect intellectual property rights.

It was also the first public hearing by the Intellectual Property Court of the Supreme People’s Court since the special court was set up on Jan 1.

Valeo Systemes d’Essuyage, one of the world’s leading auto component providers, sued X

iamen Lukasi Car Accessories Co and Xiamen Fuke Wiper Co, two companies based in Fujian pro

vince, claiming infringement of Valeo’s patent on a connector for windshield wipers.

An IP court in Shanghai reached a verdict on Jan 22 finding that the two Chinese companies must cease their infring

ement. The two companies appealed to the top court, insisting that their products did not infringe on Valeo’s patent rights.

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Cities emerging into new post-Brexit financial centers

The United Kingdom’s decision to leave the European Union has led major

financial companies in London to move assets and staff to continental Europe, mea

ning the post-Brexit landscape is likely to be far more “polycentric” than it is today

and far less centered on one location.

According to a recent report by think tank The New Financial, more than 40 companies have shifted staff or oper

ations to more than one financial center within the EU, with 100 choosing the

Irish capital as a post-Brexit location, whi

ch was the most popular choice ahead of Luxembourg, with 60, Paris with 41, Frankfurt with 40, and Amsterdam with 32.

William Wright, principal author of the

New Financial Brexitometer report, said: “One of the most strikin

g findings of our analysis is the extent to which Europe will become a much more

‘multipolar’ world as a result of Brexit.”

Companies are migrating to, or expanding in, multiple financial centers, with man

y either establishing a dedicated division for EU business or spreading their staff

more evenly throughout the EU.

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We grow high-quality dendrobium without samake a livi

logical environment, allowing the villagers to make a living from the mount

ains,” said Ruan, who introduced the medicinal herb to the forest after a thorough investigation.

Oaks in the village have rough, thick barks, rich in water

and nutrients, making it easier for the dendrobium to attach to the trees and absorb more nutrients.

Since 2013, the company has planted dendrobium on the tree trunks of more than 267 hectares of oak forest.

For a long time, however, transportation difficulties meant the landloc

ked village could not capitalize on its unique ecological advantage. Growing dend

robium officinale was something villagers, including 44-year-old Chen Jian, had never thought of.

“All the oaks are ‘cash cows’ now,” Chen said. “Natural forests cannot be cut, so we did nothing but protect them in the past. Eve

since the dendrobium were ‘planted’ on the tree trunks, the green hills that we have kept for decades have turned into gold.”

Located in Anlong county, in Guizhou’s Qiannan Buyei and Miao autonomous prefect

ure, Zhegui is rich in forestry resources and has a climate that is neither too hot in summer nor too cold in winter.

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Chen, who worked outside of Guizhou for many years

ow works in the village as a manager of the dendrobium planting base.

“It’s wonderful that our village has an industry now, so I don’t have to leave my hometown anymor

e. Life is much more comfortable than in the past,” said Chen, adding that she now earns a monthly salary

of more than 3,000 yuan ($446). She can also cycle to work in just a few minutes and can take care of her two children and elderly mother-in-law.

“Without competing with agriculture, planting the dendrobium can liberate good fields,” Chen

said. “Without harming the grass or trees, we can achieve harmonious coexistence. High mou

ntains and deep forests do no harm to the plant, but can help restore authentic herbs.”

The period for flower gathering lasts from April to June every year, and the fresh branch picking period is from Novemb

er to March. Residents from the neighboring area can all come to work at the base, and a skilled worker can earn up to 500 yuan a day.

“Last year, the salaries we paid totaled more than 4 million yuan,” said Ruan, adding that the

re are always job vacancies at the base. During the peak picking period, more than 200 workers are needed every day.

As the cultivation features “zero chemical fertilizer, zero chemical pesticides, zero hor

mones, and zero transgenics”, dendrobium produced in Zhegui finds a ready market.

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China and Italy complement each other in terms of resou

 resource endowment, with trade cooperation being the cornerstone of their relationship. Belt and Road projects have already helped expand the shipping trade

in the Mediterranean region, creating unprecedented development opportunities for Italy’s major ports.

And now that Beijing and Rome have signed a MoU on the Belt and Road Initiative, the two sides can establish better con

nectivity in order to promote globalization and free trade. The MoU also suggests that even developed coun

tries have started to accept the BRI as a connectivity and economic development initiative.

The MoU could also be an antidote to the rising wave of unilateralism

and trade protectionism in some regions, as more developed economies could now join the BRI.

China is now one of the largest cooperative partners of Italy i

n terms of imports and exports. As of November 2018, the bilateral trade volume had reac

hed $48.25 billion, more than the total for the whole of 2017, making Italy China’s ninth-largest export des

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As the premises Wang operated were within the prote

e protection zone, which lies within 15 meters of the shoreline, they were demolished, and she

will be compensated by local authorities. However, Wang said she does not believe the money can make up for her losses.

She has debts of 3 million yuan – mostly borrowed from relatives and friends. She said she regretted moving to Dali to pursue an idyllic life.

While some are not happy that they moved, others are glad they made the transition from big-city life.

Yang Yi, 48, who operates a restaurant in Dali’s ancient walled city, arrived eight years ago fr

om Chongqing after falling in love with the city on a visit. He bought a house and settled down.

“I have traveled to a lot of places, both at home and abroad, but I was overwhelmed by the natur

al beauty of Dali, a place that can calm you. I feel this city is the most pleasant one I have been to, and it is where my heart is now,” Yang said.

For decades, many tourists have fallen in love with Dali’s beautiful weather, stunning mountains, lakeside scenery and vibrant ethnic culture.

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