Share planning with Braziloffice office partnership

China would like to have a shared planning process with Brazil to achieve coordinated development, President Xi Jin

ping said on Friday during a meeting with Brazilian Vice-President Hamilton Mourao at the Great Hall of the People in Beijing.

Calling the two countries highly complementary, Xi said China welcomes Brazil’s participation in the building of the Belt and Road.

He said China supports the prosperity and development of B

razil and believes that China-Brazil cooperation will produce great outcomes.

Xi asked Mourao to extend his sincere greetings to Brazil’s P

resident Jair Bolsonaro, who took office in January. Ch

ina appreciates the efforts made by the new government to promote the comprehensive strategic partnership, he said.

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Xi highlights independent IPR, core technologiesirs a meet

Meeting in Nanchang eyes achieving new advances in development of country’s central region

President Xi Jinping stressed the significance of owning indep

endent intellectual property rights and core technology while visiting a producer of rare

earth, which he hailed as an “important strategic resource”, in Gan­zhou, Jiangxi province, on Monday.

Xi, also general secretary of the Communist Party of Chin

a Central Committee and chairman of the Central Military Commission, visited the JL MAG Ra

re-Earth Co immediately after he arrived in Jiangxi for the three-day inspection tour.

At the company, Xi learned about its production and operation, the r

are earth industry’s development in Ganzhou, the development and application of the co

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President Xi inspects high-tech companyL MAG Rare-Earth

President Xi Jinping inspected a company that manufactures high-tech magnetic m

aterials as he kicked off an inspection trip to East China’s Jiangxi province on Monday.

Xi learned about the business operations of the JL MAG Rare-Earth Co Ltd, based in Ganzhou, which speciali

zes in rare earth permanent magnetic materials, as well as the development of the rare earth sector in the city.

Ren Zhengfei, founder and CEO of Huawei, said on Tuesday that the US governm

ent’s 90-day extension “doesn’t mean much”, adding that the company was ready to deal with the ban.

Ren’s comments came after the US Commerce Department said on Monday that it gave Hu

awei a 90-day license to purchase US technologies to maintain existing networks and provide software upd

ates to existing Huawei handsets. That marks a delay of the ban on US technology exports to Huawei.

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President stresses AI’s role in growthows the venue of Intellig

hina attaches great importance to innovative development, and it

considers new generation artificial intelligence as the driving force for scientific and technolo

gical development, industrial optimization and upgrading as well as major productivity improvements while it s

trives to achieve high-quality development, President Xi Jinping said on Thursday.

Xi made the remark in a congratulatory letter to the World Intelligence Congress, which opened in Tianjin.

The president noted that AI is having a significant and far-reaching impact on economic development, social progress and gl

obal governance. He expressed hope that participants at this third congress strengthen exchanges, enhance con

sensus and step up cooperation to promote the healthy development of new-generation AI.

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Move shows Beijing’s resolve to safeguard its interests

China said late on Monday that it will increase tariffs on the bulk o

$60 billion of US imports to three categories of rates between 10 percent and 25 percent.

For the rest of the US imports, the duty rate remains at 5 percent, acc

ording to a statement released by the Customs Tariff Commission of the State Council.

The tariffs will hit around 5,000 products such as food, chem

icals and auto parts, and are due to take effect on June 1, the commission said.

In a separate statement on Monday, the commission said i

t will be open to tariff exemption applications for part of qualified US imports.

This is China’s latest response to the additional US tariffs on $200

billion of Chinese goods, which were implemented on Friday morning.

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countries work to tackle disastersrs ago during which the s

Scientists from China and other countries involved in the Belt

and Road Initiative will work together to enhance scientific and technological coop

eration in disaster prevention and mitigation, according to a joint declaration.

The collaboration aims to make areas along the initiative safer, more sustainable a

nd disaster-proof, according to the declaration published during the two-day International Conference on Silk-r

oad Disaster Risk Reduction and Development, which concluded in Beijing on Sunday.

Sunday marked China’s 11th National Disaster Prevention and Reduct

ion Day, an annual event which began in 2009 after a devastating earthquake hit Sic

huan and neighboring provinces on May 12, 2008, leaving over 87,000 dead or missing.

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We believe that these things are major issues of prin

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.

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China’s determination to expand opening-up and the ong

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.

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entenary of the May Fourth Movement at the Great Hall o

Young people shall work hard in learning the Marxist stance, viewpoints and methods,

mastering scientific and cultural knowledge and professional skills, and improving their humanistic quality.

Fine morality of young people called for

Chinese youth of the new era should be grateful to the Party, the country, the society and the people.

Young people shall nurture and practise core socialist values, and guard against wrong id

eas such as money worship, hedonism, extreme individualism and historical nihilism.

Nurturing young generation is whole Party’s political responsibility

Communist Party of China should shoulder the political responsibility of nurturing

a new generation of capable young people who have a good and all-round moral, intellectual, physical, and aesth

etical grounding in addition to a hardworking spirit, and who are well-prepared to join the socialist cause.

We should listen to young people’s views on social issues and phenome

na, as well as their opinions and advices on the work of the Party and the government.

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reviews naval parade on 70th birthday of Navy

Xi reviewed 18 vessels from 13 countries invited to participate in a naval parade on Tuesday afternoon.

The foreign vessels in the waters off eastern China’s coastal city of Qingdao saluted

Xi, who was on board the destroyer Xining, in their traditional manners as they passed by.

The destroyer Xining sounded its horn to ret

The vessels whistled and officers and soldiers stood in a ceremonial formation, saluting Xi as they passed by.

“Salute to you, comrades,” Xi called out to the officers and soldiers.

“Hail to you, chairman,” they replied.

Xi alternated the greeting with “Comrades, thanks f

or your hard work,” to which the officers and soldiers replied “Serve the peop

urn the salute, and Xi waved to the naval officers and soldiers aboard the vessels

i onboard the destroyer Xining gave an order to commence the naval parade on the sea off Qingdao at about 2:30 pm Tuesday.

A total of 32 vessels of the People’s Liberation Army Navy sailed in six groups, and 39 warplanes of the navy flew in ten echelons.

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