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
completed 5G call tests and more than 500,000 commercial 5G base stations are expected to be
built in South China’s Guangdong, North China’s Hebei, East China‘s Zhejiang and Jiangxi, and Central Chi
na’s Hubei provinces and the cities of Shanghai, Harbin, Tianjin, Chongqing and Wuhan in the future, the report said.
“With technologies and products related to the 5G network maturing, the main parts of the 5G ind
ustrial chain, including systems, chips and terminals, are ready for commercial use,” Wen Ku, a
spokesman for the Ministry of Industry and Information Technology, said on Tuesday.
The report said the ministry, having made a general plan fo
r 5G application, is estimated to formally issue 5G licenses at some point this year.
ciple. So every country has important principles, and we absolutely c
annot make concessions on such issues of principle,” the vice-premier said.
Liu, however, added that he hoped both sides would exhibit flexibility in the talks.
He refuted the criticism of the US side that China reneged on its promises in the draft trade text.
“We believe that it is only natural to have changes before a final deal; it is something that surely occurs in the process, so we
don’t think the Chinese side has back-walked,” he said, adding that he disagreed with the wording of “renege”.
“We just had differing views on how to phrase some things in t
he text, and we hope to resolve it, so it’s unnecessary to overreact to the issue,” he said.
going reform measures have made its financial market increasingly appealing to overse
as investors,” the administration said on Monday in a statement on its website.
“The administration will continue to support the opening-up of financ
ial markets, meet demand from overseas investors to expand investment in the ma
rkets and attract global long-term capital to enter China’s financial markets,” it said.
Given the stable performance of the yuan and expectations of balanced capital flows, China’s fore
ign exchange reserves remained stable in April, reaching $3.095 trillion by the end of last month, co
mpared with $3.099 trillion by March, according to data released by the administration on Tuesday.
China is willing to see the accelerated development of the onshore capital market, said analysts, allowing direct fi
nancing to play a more significant role in allocating savings and investment, and better serve the economy.