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.
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.
akes less than $9 from each iPhone. The total price of a phone is ridiculously counted as a Chinese export to the US.
It’s a good thing that China is no longer a low-wage country. Most Chinese are much better off than they were even 10 ye
ars ago. But it does mean that these low-skilled, labor-intensive industries will be moving to less-developed nations. US t
ariffs on such products will only serve to hasten the transition to higher value-added industries that China has to make anyway.
Roughly 20 years ago, when China’s admission to the World Trade Organiz
ation was being negotiated, China’s economy was tiny as a portion of world GDP. It was clearly a poor, less-deve
loped country that, except in a few areas, was not able to compete with Western companies in high-value-added products.
As Alexander Hamilton, the first US Treasury secretary, argued, a dev
eloping country may need to protect its “infant industries” from already established foreign
between long-term structural factors and actual economic performance, it is also unclear how long those factors would take to constrain GDP growth to a part
cular level. In fact, 20 years ago, the same long-term factors were used to warn of a possible fall in Chinese GDP growth.
Because of the complexity of China’s growth trajectory, many economists seem to base their assessments of potenti
al on performance. After every drop in China’s GDP growth since the second quarter of 2012－when growth fell be
low 8 percent－economists have emerged to declare that performance was in line with potential.
Difficult to determine potential growth rate
To be sure, there are various estimates of China’s potential growth rate, ranging from 5 perc
ent to 8 percent. But it is difficult to determine which is reliable. For one thing, there is reason to believe that
most estimates fail to discount cyclical factors adequately when calculating the long-term trend.
the 22nd film of Marvel Cinematic Universe, has made more than $2 billion globally wit
h over $576 million, nearly a third of the total, being contributed by the Chinese market.
The percentage of Hollywood films contributing to China’s box office has witnessed a gradual decline in recent years
thanks to the rise of successful Chinese films including The Wandering Earth and Dying to Survive.
Due to its explosive growth in third-and fourth-tier cities, the Chinese movie market is certainly poised to become the larg
est in the world in the not too distant future. Last year, China’s total box office exceeded 60 billion yuan ($8.9 billion), gra
dually closing the gap with the United States whose box office was about $11.6 billion. China has become such a form
idable force in the global film industry that international film producers cannot afford to overlook it.
were not aware of the details in the Bloomberg report. CNN continues to reach out to more officials at the KNKT.
Investigators said the jet experienced problems on its last four flights — including, crucially, the flight that crashed, according to Tjahjono.
Indonesian authorities confirmed that the plane’s angle of attack (AOA) s
ensor was replaced after a flight from Manado, in North Sulawesi to Denpasar, Bali on Oct
ober 28. The Boeing 737 Max 8 then made another flight to Jakarta that same day, and the pilots reported further problems.
The AOA sensors send information to the plane’s computers about the angle of the plane’s nose rel
ative to the airflow over and under the wings to help determine whether the plane is about to stall.
Software installed on Boeing’s 737 Max 8 planes, called the Maneuveri
ng Characteristics Augmentation System (MCAS), automatically lowers the nose of the pla
ne when it receives information from the AOA sensors that the aircraft is flying too slowly or steeply, and at risk of stalling.
tons of snow and ice on its front deck. The rest of the ship was undamaged.
The difficult ice conditions and active cyclones in the Amundsen Sea have
vexed Chinese explorers for decades. It was not until March that China’s 34th expedition succes
sfully completed the first marine survey of the sea.China has witnessed remarkable growth of tree coverage with th
e implementation of afforestation projects, a senior forestry official said on Tuesday, National Tree Planting Day.
The forest coverage rate in China has increased by nearly 10 percentage p
oints in the past four decades, with the world’s largest planted forests and an 80 percent ex
pansion of forest areas, said Zhang Jianlong, head of the National Forestry and Grassland Administration.
The green coverage rate in rural areas has reached 20 percent, while in urban areas it has hit 37.9 percent.
According to a report released by the National Afforestation Committee on Tuesday, 7.1 milli
on hectares of trees were planted and 6.7 million hectares of degraded grassland were treated last ye
ar. Per capita greenery coverage in urban areas was 14.1 square meters in 2018, up by 0.6 square meters year-on-year.
d on its predecessor, which is used with China’s Long March 11 carrier rocket and
features advanced composite materials built into its casing.
He said the new engine will be used on the upgraded variant of Long March 11, enabling the new model to transport a 1.5-ton
satellite or multiple satellites with a combined weight of 1.5 tons, to a sun-synchronous orbit 700 kilometers high. The
carrying capacity of the original Long March 11 for such orbits is 400 kilograms.
Development of the new engine shows there are plans to diversify the launch portfolio of Long March 11 to turn it from a si
ngle model into a family of models to enable it to meet different demands in the launch market.
The Long March 11, developed by the China Academy of Launch Vehicle Technology in Be
ijing, is a major solid-fueled carrier rocket and has been used for six flights from the Jiuquan Satellite Lau
nch Center in northwestern China. The rocket is mainly used for lifting small satellites to sun-synchronous orbit
iang contains a comprehensive review of the progress made in 2018 and the targets achieved. It al
so mentions the challenges and impediments faced in the process. It is significant that despite h
eadwinds in global economy, Chinese economy registered a growth rate of 6.6 percent. More than 13.6 million new urba
n jobs were generated. Unemployment was around 5%. China contin
ued to make strides in the fields of innovation and high-tech. Concerted eff
orts were also made to deal with the problem of environment pollution while infrastructure development was also on course.
For me the most impressive part is the government’s resolve to tac
kle the issue of poverty and create a knowledge-based economy. Projections for 2019 of 6-6.5% GDP g
rowth, creation of 11 million new jobs, an employment-first policy, supply-side structural reform and three critical batt
les against potential risks, poverty and pollution are reflective of key priority areas. Budgetary spending on educ
ation above 4% of GDP and over 2% on R&D shows that China is moving forward to establish a society which me
ets the needs of the people through scientific applications and modern technologies.
Ma, a deputy to the 13th NPC, on Sunday suggested building a development bank and university for the Guangdong-Hong Kong-Macao Greater Bay Area.