Wang Peng, deputy head of think tank China Center for

 Information Industry Development, said Huawei’s chip making arm HiSilicon can help Huawei ensure the s

ustainability of its business to some extent, and its chip stocks “are expected to provide a buffer of six months to a year”.

Huawei said it procured around $70 billion worth of components and services from i

ts 13,000 suppliers worldwide last year, with roughly $11 billion coming from US suppliers.

The US has been voicing the “national security threat” of using Huawei products.

French President Emmanuel Macron said on Thursday that France will allow Huawe

i to build its 5G network infrastructure while preserving national security, according to Xinhua News Agency.

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Intensified law enforcement also benefits overseas ent

erprises in China. Last year, intellectual property authorities punished violators in more

than 6,000 cases of infringing on rights of trademark registrants from overseas, with a t

otal value of 151 million yuan ($22 million), an increase of 50.1 percent over the previous year, the report said.

An agreement to support young scholars’ research into the Silk Road was signed between China and UNESCO during a ses

sion of the Conference on Dialogue of Asian Civilizations in Beijing on Wednesday.

Under the agreement, an international academic program will be launched with funding of $1 mill

ion from the Chinese government to scholars under 35 years of age from around the world.

Hosted by the Ministry of Education and UNESCO, the session – entitled “Safeguardin

g the Diversity of Asian Civilizations” – focused on cultural interactions among Asian people and disc

ussed challenges in terms of revitalizing the multiple cultures of Asian countries and regions.

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Festival will mark 80th anniversary of popular cantata

The Central Conservatory of Music will hold a festival from May 23 to 27 to celebrate the 80th anniversary of The Yellow River Cantata.

Written by composer Xian Xinghai (1905–1945) in Yan’an, Shaanxi pro

vince, in early 1939, the piece was inspired by a patriotic poem by Guang Weiran, and the lyrics

were adapted for the cantata. Premiered on April 13 of the same year in Yan’an, the work became, and remains, popular.

The conservatory’s symphony orchestra, choirs and chamber music grou

ps will join in the festival with 20 concerts, including the opening concert on May 23 condu

cted by Yu Feng, president of the university. The Yellow River Cantata will be performed by young singers.

Veteran Chinese musicians and singers, including Guo Shuzhen and Wang Xiufen, will perform during the festival.

Besides concerts, masterclasses and forums will be held in Yan’an.

The music festival will also celebrate the 70th birthday of the country.

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Wang said the Sino-US trade talks have made important

and substantive progress thanks to efforts from both sides. Meanwhile the talks face some serious problems which need to be resolved.

The top diplomat said that as long as the negotiations meet the general direction of China’s reform an

d opening-up policy, adhere to China’s basic needs about high-quality development and serve the com

mon interests of the Chinese and US people, the negotiator teams from both sides could have the capability and w

isdom to settle their reasonable demands and eventually achieve a win-win agreement.

Wang said China insists on upholding national sovereignty, safeguarding the inter

ests of its people and defending national honor when negotiating with any country.

According to the General Administration of Customs, trade between

China and the US in the first four months stood at 1.1 trillion yuan ($160 billion).

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Santarita said a similar concept can also be found in other

Asian countries, citing the Philippines’ compadrazgo and Indonesia’s bapakism as examples.

Compadrazgo, a Spanish word that literally translates to “co-fatherhood”, is based

on a kinship ritual that is formed after a child gets baptized into the Roman Catholic faith.

For the predominantly Catholic and close-knit Philippine society, t

he godfather (known as the padrino) is part of one’s extended family and is expected to he

lp and protect his godchild. The godchild is expected to respect and be loyal to the padrino.

Bapakism is derived from the Indonesian word for “father”. When us

ed in Indonesian business, bapakism demands great respect and obedience to one’s su

perior. The manager in his role as the company’s bapak is expected to look after and care for his employees.

Although Asian values are steeped in an ancient culture and tradition, it was only in t

he 1990s that this concept drew global attention. This was partly due to Asian leaders like the la

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he scholars suggested that authorities such as th

 National Health Commission should monitor all gene-editing centers and IVF clinics in China to ensure trials are in line with regulations.

A national registry dedicated to clinical trials involving cell technologies should be established to pro

mote greater transparency, they said, so that before a trial begins scientists would need to pass an

ethics review and provide a list of names of all participating scientists and institutions.

Universities and research institutes should strengthen education and

training in bioethics and scientific and medical professionalism, covering research sci

entists and students of science, medicine and the humanities at all levels, they said.

In addition, more efforts should be undertaken to eliminate prejudice against people wi

th disabilities, which exists in the minds of some scholars, they said. Following the gene-edited baby incid

ent, government departments have vowed to improve supervision, and new regulations are being made or revised.

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market confidence in outstanding ways and promoted the stab

le growth of the economy, he said, adding that the positive factors for economic growth are increasing.

Noting that the uncertainties in the global economic environment are also rising and there remai

n downward pressures on the domestic economy, Li called for both attention and confidence from the entrepreneurs.

Related departments should follow the guidance of Xi Jinping Though

t on Socialism with Chinese Characteristics for a New Era, invigorate the market thro

ugh deepening reform and opening-up and ensure the stable growth of the economy, Li said.

He said that tax reduction is the key to improving the business environm

ent and invigorating the market, which will not only stabilize growth and employment bu

t also encourage companies to invest more in innovation for long-term development.

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Embrace exhibition through greener lifestyle at the

The Beijing International Horticultural Exhibition opened just two days before the May holiday, giving

the public a close-up view of state-of-the-art gardens created by horticulturists from around the world.

China hosted a similar exhibition in Kunming, Yunnan province, in 1

999. In the two decades since, the social and economic situations in China have unde

rgone tremendous changes. A growing awareness of environmental protection is one of them.

Two decades ago, the Chinese people embraced the Kunming horticu

ltural show as a novelty and curiosity because the countr

y at that time did not have many opportunities to host large international gatherings.

Economic development at the time was the top priority of the country,

which explains why the news media were so interested in reporting that 15 billion yu

an ($2.23 billion) in economic and trade deals were inked during the exhibition.

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Sourabh Gupta, resident senior fellow at the Washingto

ton-based Institute for China-American Studies, specifically praised the new Foreign Investm

ent Law-passed in March by China’s national legislature and effective in 2020-which he said is “a far

sighted piece of legislation” that “will firmly usher in a new round of reform and opening-up”.

“Strong measures to deal with political, regulatory and administrative noncompliance are envisaged. A robust wor

king mechanism to promptly address foreign businesses’ complaints is also envisaged,” said Gupta, who believes the p

rovisions are a big step in assuring foreign businesses that the playing field is leveled in China.

“It is the predictability, transparency and nondiscrimination bent of the law which, in my view, will lead to a significant inw

ard flow of foreign capital in key services and advanced manufacturing sectors,” he said.

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Venezuela’s ANC president calls for defending govt

Venezuela’s National Constituent Assembly (ANC) President Diosdado Cabello called on the Venezuelan people to “d

efend” the government of President Nicolas Maduro on Tuesday before the alleged coup occurred earlier.

“We invite all the people of Caracas, come to the Miraflores Palace (seat of government) immediately,” said Cabello.

Speaking to the television station VTV, Cabello said that from the “first hour” of Tues

day, President Maduro was checking and reviewing everything that had happened.

“We are already taking corresponding actions. They are fully identified. There are the sa

me coup leaders as always, those who do not respect the rules of democracy,” Cabello said.

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