Sandrine

The hugely ambitious Shang上海乌托邦品茶微信ock Conne

ect has been one 上海乌托邦品茶微信of the most highly anticipated bilateral initiatives in recent yea

rs. It could prove to be a gamechanger in deepening UK-China financial cooperation and ex

anding access to China’s capital markets, ” said Catherine Mcguinness, City of London Corporation Policy Chair.

Innovation is key to London maintaining its position as a leading int

ernational financial hub and linking one of the world’s largest capital markets with one of t

he world’s most international financial centers is good news for the UK, China and the wider global economy, she said.

“It means global investors can now benefit from China’s growth through London, while UK-li

sted companies are able to access Chinese investors directly,” she added.

The Shanghai-London Stock Connect has been developed jointly by th

e Shanghai Stock Exchange and London Stock Exchange Group, with the support of bot

h the Chinese and UK governments and in collaboration with regulatory authorities.

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The government needs to refine policies in supporting bus

siness startups and innovation-oriented companies, and exercise accommodating and prudent r

egulation. We need to promote the integrated development of companies of different sizes,” Li said.

The Internet Plus model will be upgraded. Efforts will be m

ade to accelerate the development of industrial internet and promote broader ap

plication of the Internet Plus model in medical care, elderly care, education and other social sectors.

A higher ratio of nonperforming loans to micro and small firms will be allowed. The NPL ratio

of such loans will be relaxed to no more than 3 percentage points higher than the overall NPL ratio fr

om the current 2 percentage points. Venture capital firms will receive support in financing through bond issuance.

www.ozsnl.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

We have never bullied or preyed upon others, and we

rs, and we will not let others bully or prey upon us either,” he added.

Lieutenant General He Lei, former vice-president of the PLA Academy of Military Science, said Wei’s

speech clearly and objectively articulated the purposes, positions and aspirations of the Chinese military.

“Wei’s speech demonstrates the confidence of the PLA and the Chinese people. Som

e might think his tone is a bit tough, but I think it is perfectly appropriate,” He said.

Wei also “honestly answered all 22 very sensitive and difficult” questions from the audience

, further cementing the PLA’s image as a confident and responsible force, he added.

Major General Jin Yinan, a retired professor of international relations at PLA National D

efense University, said Wei has highlighted the fact that China is a nation that promotes inclusive and coo

perative relations between cultures, but it also has principles and bottom lines that should not be crossed.

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of Huawei and its affiliates can participate as peer re

eviewers and editors in its publication process. All IEEE members, regardless of employer, can continue to participate in all of the activities of the IEEE.

On May 16, the US Department of Commerce applied exp

ort control restrictions to Huawei Technology Ltd and 68 of its affiliates. IEEE issued a state

ment regarding compliance and stated if the US government clarified the application of the US Export Ad

ministration Regulations with respect to peer review IEEE would provide an update to the IEEE community.

In a latest IEEE statement, it said it has received the required clarification, so all IEEE

members, regardless of employer, can continue to participate in all of the activities of the IEEE.

qianhuain.com

For first time, scientists watch entire animal’s muscle sy

Researchers at Columbia University and the University of Chicago-affiliated Marine Biological Laboratory (MBL) have

mapped the full-body muscular activity of an animal while it was moving and behaving, for the first time in the world.

In the study, the researchers watched the patterns of muscle activity in a small aquatic animal called a hydraas. Based on prior su

ccess in mapping full-body neural activity in hydra, they pinpointed seven distinct patterns of hydra’s muscle act

ivity this time, according to a news release posted on the website of the University of Chicago on Thursday.

Hydra are freshwater organisms, only a few millimeters in length, and be

long to the phylum Cnidaria, which also includes jellyfish and coral. Their tubular bodies are c

omprised of two layers of muscle, each composed of a different cell type and separated by two nerve nets

a3o5.cn

With joint efforts of all parties, China has built a founda

ation for commercialization of 5G,” the ministry said, adding it will issue commercial 5G licens

es in the near future, a clear sign China will soon officially enter the first year of 5G.

“As always, we welcome domestic and foreign enterprises to actively participate in China’s 5G network construction and effort

to promote application of the technology, and jointly share 5G development opportunities,” the ministry added.

China’s big three telecom carriers are forecast to spend 900 billi

on to 1.5 trillion yuan ($134 billion to $223 billion) in total on 5G network construction from 2020

to 2025, according to a report from the China Academy of Information and Communications Technology. In co

mparison, Chinese telecom operators spent 720 billion yuan on 4G network construction from 2014 to 2018.

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Cooperation has principles, and the bottom line

All foreign companies’ legitimate rights will be protected by the Chinese government, the Ministry of Commerce said.

In a response to a question about whether China would take certain actions against Apple Inc after

the US government restricted Huawei’s business operations, which has harmed the inter

ests of companies and financial markets on both sides, the ministry’s spokesman Gao Feng said the legitimate righ

ts and interests of all foreign enterprises in China will be protected by the Chinese government.

China will stand firmly on further opening-up and reform, as w

ell as creating a stable, predictable and fair commercial environment for all bus

inesses operating in China, he said.hina will not allow any countries to use rare earth materials to make pr

oducts that will suppress China’s development, the Ministry of Commerce stressed.

113xe.cn

More than 300,000 papers on AI have been publish

ed globally from 2013 to 2018, among which around 74,000 were published by Chinese researche

rs and 52,000 by their US counterparts, and the US dominated in fields such as citation impact, number of p

atents, and the scale of companies and funds, the report said, adding that China lacks basic theoretical research.

The report was compiled by the Research Center for AI Develo

pment, which was established last year by the Ministry of Science and Technology.

“China and the United States are the two main pillars of the world’s AI r

esearch network, and the most cooperation on AI research happened between the two n

ations-the link between them is the strongest,” said Li Xiuquan, deputy director of the center. “But more and mo

re countries have realized the importance of AI, and paid a lot of attention to this area.”

www.ashbb.com

Footwear makers: cut and run from tariffsrtment at the

US sneaker giant Nike and fancy shoemaker Allen Edmonds have joined the chorus of busines

s groups calling for the White House to hit the brakes on its move to raise duties on Chinese shoes an

d other products, further challenging President Donald Trump’s claim that China is paying for the tariffs.

A week after Trump threatened to impose tariffs on the remaining $300 billion of goods imported from Chi

na, more than 100 American shoe and sneaker companies, brands and retailers signed an open letter to the president saying the p

olicy “would be catastrophic” for consumers, businesses and the US economy.

“Your proposal to add tariffs on all imports from China is ask

ing the American consumer to foot the bill,” said the letter, dated on Monday and signed by

the companies. It was posted on the website of the Footwear Distributors and Retailers of America (FDRA).

www.tsinghuagxbedu.cn