ning to upgrade bilateral ties, and “jointly usher in a new era of high-level development of China-Russia relations”, he said.

In response to a question about the influence of ongoing Sino-US trade friction on coopera

tion between Chinese and Russian enterprises, Zhang said Beijing and Moscow share a broad conse

nsus and common interests, and will work together to deal with external challenges.

“We have the confidence, resolve and ability to safeguard ou

r country’s sovereignty, security and dignity as well as its development interests,” he added.

“The China-Russia relationship neither targets

a third party, nor will it be weakened by discord sowed by any third party,” Zhang said.

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 big data industry and is willing to share opportunities of the digital economy’s development with other countries and jointly explore new

growth drivers and development paths by exploring new technologies, new business forms and new models, Xi added.

With increasingly wider applications of digital technologies in China, the country is expected to generate

and store 27.8 percent of global online data by 2025, up from 23.4 percent last year, according to a r

eport by market researcher International Data Corp and data storage firm Seagate.

In comparison, the US share will stand at 17.5 percent by 2025, a drop from its 21 percent share in 2018, the report added.

United Nations Secretary-General Antonio Guterres said th

at from medicine to transportation to farming, big data presents the world with a re

markable tool to advance global progress, but with that opportunity also comes risk.

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oping countries in the Eastern and Western hemispheres, and both are important emergi

ng markets. The two countries have a common wish and great potential for development, he said, ad

ding that both countries are important forces for promoting a multilateral world.

Since the establishment of diplomatic ties 45 years ago, relations between China and Brazil have achieved fruitful outcomes, Xi said.

The president said it is a critical period for the two countries, and they s

hould forge ahead, and each side should deem the other as a partner for development.

Xi called on the two countries to respect, trust and support each other in making the China-Brazil relationship a model for de

veloping countries’ cooperation and an important force in promoting world peace and progress.

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access to some components and technologies.

“We have been developing backup products for years in anticipat

ion. … Such efforts can ensure the strategic safety of most of the company’s products an

d a continuous supply of most products,” said HiSilicon President He Tingbo in an internal letter.

Foreign Ministry spokesman Lu Kang said at a news conferen

ce on Friday that the development and utilization of 5G depends on global cooperation, and inte

rference by the US undermines the principle of fair competition and shows a lack of respect for other countries.

HiSilicon, which was founded in 2004, has designed chipsets like Ki

rin, which has been used in Huawei’s high-end smartphones. In addition to server chips, th

e company has also developed chips for base stations, basebands and chipsets powered by artificial intelligence.

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Being one of the earliest human settlements and a major birthplace of

human civilization, Asia takes up one third of the total land o

n Earth, has two thirds of the global population, and consists of 47 countries and more than 1,000 ethnic groups.

Asian people have made incredible cultural achievements over the past thousand

s of years and they have started cultural exchanges and mutual learning since the early days.

Asian people’s aspiration for better life should become reality

Geographically and culturally connected, Asian countries have

experienced similar historical situations and pursue the same dream.

Facing future, Asian countries should grasp overall situation and strive to turn people’s aspiration for a better life into reality.

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ns and international organizations supported the declaration. It recommended a

ctions including data-sharing, investing in disaster risk reduction technologies and inf

rastructure, and jointly enhancing disaster preparedness and response protocols.

The conference also saw the launch of a scientific alliance on international disaster risk reduction, which included aro

und 30 institutions and universities from countries including Italy, Belgium, Nepal, Pakistan and Sri Lanka.

The alliance will serve as a new platform for international coordinati

on and provide scientific support for disaster relief and sustainable development.

The conference was co-hosted by the Chinese Academy of Sciences, the Chi

na Association for Science and Technology, the United Nations Environment Progra

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nging separate parking areas where electric bicycles can be charged at night,

and this is a good idea that should be more widely adopted.

ndustry insiders join outlandishly-dressed fans in attending this year’s colorful China International Cartoon & Animation Festival, Xu Fan reports.

It was a rainy morning, but I felt as if I had woken up in a dream world as I pee

red through the window of my Hangzhou hotel room to see hoards of costume-clad fantas

y aficionados waiting in long lines to enter the expo hall of the 15th China International Cartoon & Animation Festival.

Amid this sea of outlandishly-dressed enthusiasts-some of whom could be seen lugging suitcases filled with a diver

se array of wigs, clothes and makeup items-I could make out a Spider-Man, a Fox Spirit (a character f

rom the 2018 China-US film White Snake) and a dozen other popular fantasy figures acted out by role-playing fans.

It was April 30, the first day of the six-day annual festival, the largest and most influential of its kind in China.

It is to be hoped the fire in Guilin will make people think twice about where the

y park and charge their electric bikes, otherwise it is only a matter of time before there is another fatal fire.

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 of programs and compliance oversight to ensure that the required funds of investment programs are in place on time.

The approval mechanism for government-invested pro

grams will be further standardized, and major programs must go through procedures suc

h as evaluations by intermediary service institutions, the public and experts, as well as risk assessment.

Government investment funds must prioritize investments into areas where the market cannot effectively allocate res

ources, such social services, public infrastructure and environment protection, the regulation said.

It also calls for equal treatment of various

types of investment entities, adding that authorities should not set up biased conditions.

The premier said in his Government Work Report this year that Chi

na will pursue a proactive fiscal policy with greater intensity and enhance its performance.

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 that have struggled to stay afloat.In the 1990s China Record Group Co Ltd, the biggest and oldest re

cord company in the country, sold about 10 million records, such as pop, folk, and classical music by Chinese

singers and orchestras, says Hou Jun, the company’s vice-president. In the early 2000s the number dropped to no more

than 10,000 copies, and the huge change in the way music was consumed led to many Chinese record companies folding.

In the late 1990s China Record Group Co Ltd closed down its last vinyl prod

uction line because of the decline of the market for physical records.However, last year, as the

company celebrated the 110th anniversary of its founding, it launched a project to revive vinyl production. The com

pany has imported a production line from Germany that marks the start of the company’s

vinyl production, and it has set up a vinyl records factory in Shanghai that has a complete production line.

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Firm likely to be largest smartphone vendor in the world by end of this year

Huawei Technologies Co said on Thursday that it aims to grow the revenue of its consumer business group, which chiefly includes

smartphones and personal computers, to $100 billion in three years and to $150 billion in five years.

The announcement came after the company’s consumer busin

ess group posted $52.5 billion in revenue last year, up 45 percent year-on-year. Th

at also marked Huawei achieving the target of $50 billion two years ahead of schedule.

Yu Chengdong, CEO of Huawei’s consumer business group, said five years later, smartphone

s will account for about two-thirds of its $150 billion revenue goal, and computers, smartwatches as well as oth

er internet of things devices are likely to account for about one-third or 40 percent of its CBG revenue.

According to Yu, Huawei is likely to become the largest smartphone vendor by the end of this year at the earliest, althoug

h its products are not available in the United States and South Korea due to “nonmarket factors”.

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