It is the first time in eight years that a Chinese defense

 minister has participated in the event.Building a community with a shared future for mankind is the right path forward and the

trend of the times amid growing uncertainty and instability around the world, he said.

“No approaches to regional issues should resort to military blocs, nor should they undermine the interests of others,” Wei said.

He called out the United States for its military support to Taiwan and naval operations in

the South China Sea, saying they have undermined China’s national sovereignty and territorial integrity.

China resolutely follows the path of peaceful development and this commitment is en

shrined in the constitutions of both the Communist Party of China and the People’s Republic of C

hina, Wei said. “If this is not convincing enough for some people, nothing will be.”

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The testbed is co-built by organizations, enterprise

 and research institutes from home and abroad, including the Bench Coun

cil, Chinese Academy of Sciences, China Software Testing Center under the Mini

stry of Industry and Information Technology, Alibaba and Cambricon.

It can simulate the verification environment for future smart devices, said Feng Shengzhong, head of the center.

As a part of the Bench Council’s 2019 International Symposium on Intelligent Computers, an interna

tional AI competition started Friday in Shenzhen, which has made the new testbed the venue.

Feng said the center had taken charge of the operation and maintenance manage

ment together with the Beijing Academy of Frontier Sciences and Technology.

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administration escalating tariffs and Beijing retaliating.

It is important that we come to an agreement over time that addresses the problems that we have identified. And the sooner the better,” Allen said.

He said the council had opposed the use of tariffs from the very beginning and hop

ed a “mutually acceptable and supportive” agreement could be reached in the near term.

“But, currently, we are moving away from that agreement. We want to get back to moving toward a

n agreement so that our two economies can begin to interact with each other in a more normal manner,” he said.

Allen, who was in Lexington, Kentucky, last week for the Fifth US-China Governors Fo

rum, said he had spoken to a number of Chinese investors in Kentucky and throughout the United St

ates who are bringing jobs and opportunities that did not exist previously.

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Issoufou congratulated Xi on the 70th anniversary of the f

 founding of the People’s Republic of China and the great achievements that Chinese people have made under

the leadership of the Communist Party of China. Noting that China’s development has made important contributions to m

ankind, Issoufou said that China’s inclusive economic growth has lifted a huge number of people out of poverty.

Niger supports the goal of building a community with a shared future for mankind, and the BR

I put forward by Xi will bring benefits for the whole world, he said, adding that Niger would like to pro

actively participate in the Belt and Road. While meeting with Issoufou on Tuesday, Premier Li Keqiang said that Chi

na would like to offer a hand to Niger for the country’s economic development and the improvement of people’s lives.

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The two countries should make further contributions t

 to promoting a new type of international relationship and building a community with a shared future for mankind, Xi said.

Mourao extended President Bolsonaro’s greetings and best wishes, and delivered a letter from the Brazilian president to Xi.

The new Brazilian administration led by Bolsonaro attaches great importance to relations with China, Mourao said.

Brazil speaks highly of China’s important contributions to promot

ing global economic growth and considers China to be a reliable and stable partner, he said.

Brazil would like to connect the country’s investment partners plans

with the Belt and Road Initiative and expand cooperation with China in areas incl

uding trade, technology and innovation, he said, adding that Brazil welcomes investment from China.

Mourao expressed gratitude for China’s support for Brazil’s hosting of the meeting of BRICS leaders. Brazil would like

to enhance coordination with China under multilateral frameworks including BRICS, the WTO and the G20 to maintain multilateralism and t

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At a meeting held in Nanchang, capital of Jiangxi, on

n Tuesday afternoon, Xi called for efforts to make new advances in the development of the countr

y’s central region. Xi presided over the meeting, at which he was briefed by the Party secretaries of Shanxi, Anhui, Jiangxi, He

nan, Hubei and Hunan provinces, as well as He Lifeng, head of the National Development and Reform Commission.

Promoting the rise of the central region is an important strategic decis

ion made by the CPC Central Committee, Xi said, adding that it has great significance in ac

hieving the goal of building a moderately prosperous society in all respects.

Xi said that although China is still in an important period of strategic opp

ortunity for its development, the country faces an increasingly complicated international situation.

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Renminbi to remain stable, regulator saysknotes at a ba

Central bank vice-governor voices confidence amid currency volatility

The monetary authority vowed to stabilize the renminbi amid escala

ted trade tensions, while continuing to push forward financial opening-up and pr

otecting overseas investors’ legal rights, said a senior official from the central bank on Sunday.

“We have the foundation, confidence and capacity to maintain a stable foreign exchange ma

rket in China, and keep the renminbi exchange rate at a reasonably stable equilibrium,” said Pan Gongsheng, vi

ce-governor of the People’s Bank of China, the central bank, said in a statement on its website.

Before his pledge, the onshore renminbi rate depreciated to 6.9182 per do

llar at Friday’s close, the weakest level since December, and the offshore renminbi rate h

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Yet the US expends huge amounts of its resources just to m

 maintain its monetary hegemony and thus ensure its financial sector offers higher pay and retur

n on investment compared with the real economy sectors, which helps it to maintain its advantage in at

tracting talents and capital. This in turn prompts the authorities to introduce more favorable policies and regulations for

the enterprises based in the US, which is essentially a combination of representative democracy and market eco

nomy. Under such circumstances, how can the US promote sustainable reindustrialization?

Besides, reindustrialization is not possible without rebuilding or strengthening infrastructure facilities. And

although the US leader has been claiming to implement a trillion-dollar infrastructure plan-and even made it on

e of the pillars of his “Make America Great Again” campaign-not much has come of it.

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percent, respectively, registering significantly faste

The emerging service sector also grew very fast, Meng said.

In April, the information transmission industry, along with software and inform

ation technology services, grew 25 percent year-on-year, 17.6 percentage points higher than the national index of services.

Online retail sales amounted to 3.04 trillion yuan ($440.2 billion) in the first four m

onths, a year-on-year increase of 17.8 percent. Around 17.07 billion parcels were delivered, up 24.8 percent over last year.

She said the transformation of traditional industries is speeding up as they combine with information technology.

“Through implementing national big data and internet plus strategies, internet, big da

ta, and artificial intelligence technologies have been widely used in China’s real economy,” she said

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In particular, we need to strengthen international coop

peration in AI governance including laws and regulations, ethical norms and international rules,” Wang said.

The State Council issued a plan in 2017 that set benchmarks for China’s AI sector, with the value of core AI indu

stries predicted to exceed 1 trillion yuan ($145 billion) and make the country the global leader of AI innovation by 2030.

In December, Tianjin unveiled a three-year plan to boost the innovative development of seven AI-related indust

rial chains including independent and controllable information systems, smart security, big data, advanced co

mmunications, intelligent connected vehicles, industrial robots and intelligent terminals.

According to the plan, the government will build Tianjin into an AI in

novation center and a hub of AI industries and innovative applications by 2020.

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