Tag: 2019上海龙凤论坛

It is one of the oldest festivals, not only in China but also

hroughout th上海龙凤品茶微信e world, with a history of more than 2,000 years. In 2006, the traditional festival was listed as part of China’s

national intangible cultural heritage. In 2008, it was recognized as a public holiday in the Chinese mainland.

The Dragon Boat Festival commemorates the death of Qu Yuan, a Chu state

official and poet who lived during the Warring States Period (475-221 BC) before the reu

nification of China under the Qin Dynasty (221-206 BC). He was exiled after opposing his king’s decision to ally wit

h the neighboring state of Qin, and when Chu was finally conquered by Qin, he

committed suicide by drowning in the Miluo River on the fifth day of the fifth lunar month.

The Chu people, who admired Qu Yuan for his loyalty and integrity, th

rew rice dumplings into the river to feed the fish so they would not eat the body of their po

et hero. People then started dragon boat racing to scare off the fish.

Since then, the fifth day of the fifth month on the lunar calendar is cel

brated as the Dragon Boat Festival. The following are some customs for the festival.

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Fortunately, a growing number of Chinese high net wort

th investors have started to realize the importance of not putting all their eggs in one basket, said Zi Yu

an, head of investment platforms and solutions at UBS Securities. One solution is to hold dif

ferent currencies to avoid the possible risk of the exchange rate fluctuation of one single currency.

“They are looking at more overseas markets. Different markets sometimes are litt

le connected. For example, the Chinese stock market was really disheartening last year. But if an investor all

ocated his assets in the US stock market or other markets with high yield bonds, the loss in the Chinese stock m

arket will be offset and the stability of the entire investment portfolio will be further consolidated,” he said.

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The “good-looking economy” is highlighted throug

h the changes in snack food over the past few years. That is to say, consumers pay more atte

ntion to exterior design, with snacks packed in gift boxes showing a high-end trend.

Meanwhile, there is growing trend toward buying healthy snacks. Data showed th

at natural food, whole grain, sugar-free and additive-free have become “hot tags” for snack food.

The major consumer group for snack food is young people aged 20-30 seeking tasty and health

y food. Sales results from e-commerce platforms also support this conclusion. Last year, sales of lightly bake

d and additive-free nuts jumped nearly 190 percent. Dried fruits and vegetables also saw a surge in sales.

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General Wei is scheduled to give a speech on China’s se

ecurity cooperation with the international community and will meet heads of several

foreign delegations, Wu said at a news conference in Beijing on Thursday afternoon.

hina’s tech giant Huawei Technologies Co maintained its ranking as the w

orld’s No 2 smartphone vendor, continuing to narr

ow the gap with Samsung, the first on the list, market research company Gartner Inc reported.

With 71.62 million in smartphone sales, the world’s top vendor Sam

sung saw its market share reduce from 20.5 percent to 19.2 percent in the first quarter of this year.

Huawei sold 58.4 million units of smartphones in the same p

eriod, up 44.5 percent year-on-year, the highest growth among the world’s top five.

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Technology teams from Shanghai universities start business

t businesses in Suzhou, Zhejiang province. Things like this happen a lot now,” Wang said.

“And plans to build data infrastructure, such as cloud computing and data centers, have been made in the integrated development of the region.”

The report also surveyed AI education in China, which has started at all levels. More than 30 univers

ities have opened schools on AI, and 75 established AI majors or interdisciplinary majors with AI.

China’s first high school textbook on AI was published by East China Normal University last

year, and 40 high schools nationwide have participated in a pilot program on teaching AI to their students.

The release of the report was part of the Pujiang Innovation Forum, a ma

jor annual event in Shanghai for exchanges on science and technology innovation betw

een China and the rest of the world. Nearly 150 guest speakers from 23 countries and regions wil

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Before his retirement, Wang irrigated farmland for de

nd for decades and witnessed local farmers’ continuous battles against sandstorms.

“It didn’t just feel like a black storm, it was as if the whole desert was approachi

ng,” recalls Liu Conghui, a writer who was born, and still lives, near the farm Wang once worked.

As the menacing sandstorms made the area increasingly inhospitable, Liu’s whole community planned to up sticks.

To restore the local ecosystem, the Chinese government launched

a 10.7 billion yuan ($1.6 billion) project in 2001. A set of measures were adopted such as sav

ing water, converting farmland into grassland, providing treatment for dry riverways and building dams. In addition to t

hose measures, industrial and agricultural use of water in cities and counties along the river was limited.

Over the past two decades, Xinjiang has infused 7.7 billion cubic meters of water into

the dry trunk stream of the lower reaches of the Tarim River in 19 rounds of water diversion.

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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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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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The phone call took place days after the US Commerce Dep

artment announced on Wednesday it will add telecommunications eq

uipment maker Huawei and its affiliates to the Entity List on Wednesday. Being on the list

bars the company from buying US technology without government approval due to security concerns.

On the same day, US President Donald Trump signed an executive order that bars US companies fr

om using telecom equipment from manufacturers considered a national security risk, without mentioning Huawei by name.

Such moves, as well as the increase of tariffs on $200 billion worth of Chinese goods earlier this m

onth, complicated the prospect of continuing the bilateral trade talks that have been ongoing for more than a year.

China has always believed in and hoped to solve trade differences thr

ough talks, but such talks should be equal, Wang said. In any talks, China must protect its legitim

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Quotable quotes from business leaders at 3rd WIC

Praising Tianjin’s efforts and achievements in intelligent sc

ience and technology, Liu Chuanzhi, board chairman of Legend Holdings Co Ltd, pred

icted the city will make a qualitative leap in two to three years by combining intelligent technologies with manufacturing.

Liu, also founder of Chinese computer giant Lenovo, said his company, like Tianjin, considers intelligent technology a new imp

etus. Lenovo is working on many intelligent applications and has invested in many high-tech ma

nufacturing enterprises. It uses various artificial intelligence-driven algorithms and machine learning to ana

lyze the data of its supply chain system, using it to optimize Lenovo’s new intelligent spare parts supply chain.

Liu Qingfeng, chairman and CEO of iFlytek, said the company has developed a series o

f products driven by AI applications, based on small samples over the past year.

The company’s latest technological breakthrough is for the first tim

e its machine has surpassed humans in English reading comprehension, Liu said.

He said that he believes AI in 2019 has entered the year of large-scale application.

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