ZTE Corp, another Chinese telecom gear vendor,also said

 in a statement that its products are ready for commercial use and it will acti

vely participate in the commercial deployment and construction of 5G netw

orks in China, and will work closely with industry partners to actively promote the application of 5G.

China is set to become the world’s largest 5G market by 2025, with 460 million 5G users, according to a forecast by the Glo

bal System for Mobile Communications Association, an industry group.

The country’s telecom carriers are expected to spend 900 billion

to 1.5 trillion yuan ($134 billion to $223 billion) in total on 5G network

construction from 2020 to 2025, according to a report from the China Academy of Information and Co

mmunications Technology.China’s Dragon Boat Festival, or Duanwu, is just ar

ound the corner. Also called the Double Fifth Festival, the holiday, which falls on J

une 7 this year, is celebrated on the fifth day of the fifth month of the lunar calendar.

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China boast 80% of world’s unicornsSince the term “unic

icorn” was first used by venture capitalist Aileen Lee six years ago to describe a privately held startups valued at $1 billio

n or more, the number of companies matching this label has mushroomed to 326, according to a report.

The United States is home to 156 unicorns, nearly half of the world’s total, followed by China with 94 unicorns, Jeff Desj

ardins, editor-in-chief of media site Visual Capitalist, said in a report called Visualizing the Unicorn Landscape in 2019.

The total valuation of the 326 unicorns has been raised to $1.1 trillio

n by investors, of which almost 30 percent is made up by the top seven unicorns with hig

hest valuation, including Bytedance, Uber, Didi Chuxing and WeWork, the report citing data from CB Insights said.

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China to remain steadfast protecting national security

China welcomes the United States’ willingness to develop a stable mi

litary-to-military relationship, but will remain steadfast in safeguarding national sove

reignty and security, a senior Chinese military official said on Saturday in Singapore.

In a keynote speech at the annual Shangri-La Dialogue on Saturday morning, acting US Defen

se Secretary Patrick Shanahan said that China and the US can still have a cooperative relati

onship. Although competition does exist between the two countries, it does not always mean conflict, he added.

Shanahan also noted some “destabilizing activities” in Asia and emphasized the US’s military

presence and commitment in the region. He called for more communication between the US and Chi

nese militaries to settle their differences and build a constructive relationship.

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5G is not just a faster 4G. It will fundamentally reshape

 how enterprises run businesses and overhaul a wide range of industries by using data to create more value,” Lu said.

Greater access to China’s financial sector will encourage global investors and dispel the gloom clouding the global econo

my amid Beijing’s trade tensions with Washington, according to senior officials and economists.

Chinese financial regulators are preparing a comprehensive opening-up, with more new measures in the pipeline. Forei

gn institutions with advanced performance in risk management, credit rating, consumer finance, endowments an

d health insurance are especially welcome, senior officials stressed over the weekend.

The opening measures will offset part of the negative impacts of trade friction on economic

recovery, and enable China to reach its GDP growth target of above 6 percent this year, they said.

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Seeking goodwill with neighbors and harmony with all natio

 with all nations is the Chinese way of engaging with the world.

Benefiting the people and providing them with stability and prosperity are the distinctive value of Chinese civilization.

Keeping reforming and innovating, and advancing with the times are the unchanged spirit of Chinese civilization.

Following the rules of nature and uniting human and universe are the philosophy of existence for Chinese civilization.

Consultations between China and the United States are not a one-way street, and should be co

nducted amid a spirit of equality, State Councilor and Foreign Minister Wang Yi said on Monday in Russia.

Wang said that it is pointless for one side to blame the other, or even to absolve themselves from responsibility.

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The collaboration aims to make areas along the initi

ative safer, more sustainable and disaster-proof, according

to the declaration published during the two-day International Conference on Silk-road Disa

ster Risk Reduction and Development, which concluded in Beijing on Sunday.

Sunday marked China’s 11th National Disaster Prevention and Reducti

on Day, an annual event which began in 2009 after a devastating earthquake hit Sich

uan and neighboring provinces on May 12, 2008, leaving over 87,000 dead or missing.

More than 700 scientists from around 40 countries, regions and international organizations supported the declaration. It reco

mmended actions including data-sharing, investing in disaster risk reduction technologies and in

frastructure, and jointly enhancing disaster preparedness and response protocols.

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Joefe Santarita, dean of the Asian Center at the Unive

rsity of the Philippines, said Asian values promote consensual approach and communitarianism

rather than individualism, and they prioritize social order and harmony as well as respect for elders, disc

ipline and a paternalistic state along with the primary role of government in economic development.

“Asian values are the salient ingredients on how to learn to work togeth

er through trust and consequently promote globalization,” Santarita told China Daily.

He cited China’s guanxi, a cultural concept that stresses deep personal connections and maintaining relations.

“Guanxi is a clear manifestation of a success story of a cultural element that is aptly applied in

the business sector. Trust is a fundamental element for Chinese businessmen who have engaged in co

mmercial partnerships and international trading systems for centuries,” he said.

Santarita said a similar concept can also be found in other Asian count

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

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He visited China for the first time in 2001, where he noticed tha

“It’s such a difference visiting today to see so many different animate

d productions being done in China. Chinese writers, directors and animators ha

ve really jumped into rich storytelling and created really fascinating worlds that the global audience will enjoy seeing,” he says.

Over the past eight years, D’Ambrosia has overseen production of such popular Disney Junior’s shows such as the Emmy Awar

d-winning Sophia the First and The Lion Guard, which is based on Disney’s Oscar-winning 1994 film The Lion King.

Speaking about the key to appealing to children aged between 2 and 7

, he reveals that the tales his team creates are built on down-to-earth research.

“We actually do go into preschools and talk to children about the stori

es and the characters. So we find their words very valuable and adapt our stories to make su

re that they not only comprehend the stories but also relate to the aspirations of the characters,” says D’Ambrosia.

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A purported doctor who goes by the alias Dahanc

chengxiang recently wrote a WeChat article saying he often encountered patients who fell for the fake adverti

sements, wasted money and treatment time and thus missed the opportunity to be cured.

The netizen also strongly opposed Li’s nomination shortly after the announce

ment, saying in an article that Li was morally unqualified because of Baidu’s insufficient regulation of adver

tising. The article went viral on social media but was removed over complains of libel by Baidu.

Li would not be the first controversial engineer to become an acade

mician, which carries perks such as stipends and medical se

rvices. In 2011, the public was outraged when Xie Jianping, a chemical engineer who created less harmful to

bacco products, became an academician of the Chinese Academy of Engineering.

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Such a personal goal can be seen, to a certain extentas a

microcosm of the national aspirations of both of their countries to gain a place in the global space arena via the cooperation and assistance of China.

Chea and Moreno Pena are part of a training program hosted by the China Academy of Space Technology.

The idea is to train a small group of elite foreign students to become s

pace industry engineers capable of developing and manufacturing satellites on their o

wn, thus enabling their countries to build their respective space industries and explore space.

Eight people are taking part in the program, which began in March 2018-two Ve

nezuelans, two Pakistanis, one Cambodian, one Russian, one Belarusian and one Kazakh.

“I am the first-ever Cambodian studying spacecraft knowledge,” Chea told

China Daily recently at the Shenzhou Institute, which is run by the academy.

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