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s become a driving force behind economic growth, and interne
t companies should concentrate on making breakthroughs in core technologies.
“The country is narrowing the gap with developed countries, especially in autonomo
us driving, cooperative vehicle-infrastructure systems and intelligent transportation. We started a little late, but o
ur pace is faster and our potential is bigger,” said Robin Li, chairman and CEO of leading Chinese search engine Baidu Inc.
He noted that AI will have an impact on the internet and China should firmly grasp the historic opportuni
ties of AI, and the country’s efforts in technological innovations will begin gradually changing the world.
Pony Ma, chairman and CEO of Tencent Holdings Ltd, said the e-government is becoming the driving force for cons
truction of a digital China and high-quality social and economic development, and internet firms should co
nsolidate basic research and focus on making breakthroughs in core technologies.
Qiu Yanpeng (middle), deputy commander of the PLA Navy, attends a press confer
ence for the upcoming multinational naval activity to mark the 70th anniversary of the People’s Liber
ation Army Navy at the press center in Huanghai Hotel in Qingdao, Shandong province, Ap
ril 20, 2019. About 200 journalists from home and abroad attended the press conference.Chinese Navy
will send 32 warships and 39 aircraft to take part in a joint sea parade in waters near Qingdao.
Nearly 20 ships from about 10 countries will participate in t
he sea parade on Tuesday, deputy commander of the PLA Navy Qiu Yanpeng said.
A Singapore Navy frigate arrived on Friday in Qingdao, Shan
dong province, becoming the first foreign warship to arri
ve ahead of a grand event to honor the 70th birthday of the People’s Liberation Army Navy.
The PLA Navy will hold multinational naval activities in Qingdao and nearby waters from
Monday to Thursday to celebrate its founding anniversary. They will include a joint sea parade, high-level sympo
siums, public tours of ships, military music performances and other cultural exchanges.
It’s hard to say that China entered a new cycle of credit expansion,” said Zhang Ming, chief eco
nomist at Ping An Securities. “For the whole year, the overall financing growth and money supply is expected to stabilize.”
Fast credit expansion means higher pressure on companies to repay debt and interest, and the space for sustainable credit growth i
s limited, given the current leverage level. Total outstanding debt has exceeded 250 percent of GDP, Zhang said.
The good news is that credit has been channeled effectively into the production sector, such as manuf
acturing and high-tech, and the healthier credit structure can support the overall economic r
estructuring reform, said Ruan Jianhong, head of the central bank’s statistics and analysis department.
hina and the United States will continue economic and trade consultations in Washington ne
xt week, after reaching consensus in principle on major issues during their high-level Beijing talks, State media reported.
According to Xinhua News Agency, the two sides had in-depth communication on topics of mutual concern including tec
hnological transfers, intellectual property rights protection, nontariff barriers, the service industry, agr
iculture, the trade balance and an implementation mechanism, as well as on particular issues of concern to China.
ai Xiaomin, former China Huarong Asset Management board chairman, has been charged with bribery, corruption and bigamy, the Supreme People’s Procuratorate said on Friday.
China Huarong is one of the country’s four largest State-own asset management companies.
It is alleged that Lai exploited various professional positions, including head of the Huarong
corporation and director-general of the banking supervision department of the People’s Bank of China.
While in these positions, it is claimed that he asked for and received significant benefits in exc
hange for “aid”, according to a press release from the SPP, the country’s top prosecuting authority.
It also alleged that Lai was in illegal possession of a large number of public properties, a
nd that he was living as husband and wife with a woman other than his wife, the release said.
Lai, 56, was placed under investigation by the Central Commission for Discipline Inspection (CCDI) o
f the Communist Party of China in April last year for “serious violations of disciplinary rules
and laws”, and was expelled from the Party and removed from public office six months later.
The CCDI said he violated political disciplines and State financial policies to blindly expand the c
ompany and operate it in a disorderly manner, resulting in it deviating from its primary tasks and business.
Lai, a Jiangxi province native, started his career at the People’s Bank of China in July 1983, and went on
to hold key positions at the China Banking Regulatory Commission and Beijing Banking Regulatory Bureau.
31, Sandra out two photos for zhou birthday celebration, and a caption: “forever in the dark, you always care about you, in your arms for
ever.”Rhetoric between gushing, netizens praised sisterly love.One of the photos is zhou without makeup is sitting on t
he bed, on the above P “may you live as long as the southern mountain pines”.Another photo, the last in a black cow
outer coat, wear a double low ponytail hair, wearing a black baseball cap surface wear dark glasses, posing as “av
alokitesvara” finger, sat cross-legged on the floor, zhou wear sportswear, one leg on the Sandra’s legs, hands will S
andra circle in his arms, her face wore the pink sunglasses, mouth paper cups, look very whimsy.
November 26, actor zhou (right), Sandra with perform in the film “July and she” won
best actress.In the evening, the 53rd annual golden horse awards in Taipei.The xinhua news agency for the figure
Sandra with zhou starred in the movie “July and peace”, become attached to beco
me good friends, two people are together with the film won the double golden horse b