Xi, also general secretary of the CPC Central Committ

mittee and chairman of the Central Military Commission, laid a floral basket at a monument on Monday marking the departure of the Long March.

At a museum marking the start of the Long March, Xi spoke with nine representati

ves of descendants of Red Army soldiers and relatives of revolutionary martyrs.

The People’s Republic of China was founded at the cost of the blood of numerous revoluti

onary martyrs, Xi said, adding that the CPC and the Red Army, upholding lofty revolutionary id

eals, had brought about incredible achievements after repeatedly surviving desperate situations during the Long March.

Xi called for staying true to the revolutionary martyrs, the P

arty’s original aspiration and mission, its revolutionary ideals and principles, and the

people living near revolutionary sites. Xi’s inspection tour took place a week after the Political Bureau of the CPC

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Huawei earlier said it had been preparing a contingency

ncy plan for such a block to Android by developing its own technology, of

which some is already being used in products sold in China, said the Reuters report.

The impact is limited in the Chinese market, as most of Go

ogle’s services have alternatives offered by domestic competitors like Tencent and Baidu.

However, Huawei’s European market could be affected as Huawei licenses these serv

ices from Google in Europe.A radio telescope in Shanghai that has made significant contributions to ast

ronomy for nearly a decade and participated in long-term observations used to confirm data in the first image of a b

ack hole in deep space, won the top prize on Wednesday at the 2018 Shanghai Science and Technology Awards.

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Both the digital industry and digitalization of other indu

 industries develop fast, and new sectors have been emerging, such as unmanned warehousing, facial recognition payments and new online-to-offline groceries.”

Meng also said that a new version of the nationally unified negative list for market access will be rolled out w

ithin the year. Illegal or implicit entry barriers and locally issued negative lists will be canceled, she said.

The Chinese authorities will also establish and refine mechanisms for adjusting the annually released

list when necessary, she said, adding that the list will better cope with the reforms to delegate power, streamline ad

ministration and optimize government services, and will better meet the needs of market entities for broader access.

Wang Yuanhong, deputy head of the Department of Economic Forecas

ting at the State Information Center, said the fast growth of high-tech industries and the

service sector reflects the ongoing upgrading of traditional industries and the optimization of C

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However, statistics also show that the total vehicle sale

s in the first four months of this year stood at 8.35 million units, a decrease of 12.12 percent compared with last year. Th

e country produced 8.39 million units during the same time, down 10.98 percent year-on-year.

New cars at a parking lot in Qingdao, Shandong province, are ready to be delivered to clients, April 30, 2019.

In April, China’s total vehicle sales fell 14.61 percent year-on-yea

r to 1.98 million units, and the output dropped by 14.45 percent to 2.05 million units.

The sales of self-owned brands passenger vehicles totaled 584,700 units last month, a decline of 27.88 percent year-on-year.

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Astle saw constructive long-term positive opportunitie

ities for UK and China businesses transitioning from investment and infras

tructure into an operating phase where British service providers can really benefit.

As a matter of fact, many UK companies have already started to profit by playing

an active part in projects in the countries involved the Belt and Road Initiative.

UK engineering consultancy Mott MacDonald has been working with PetroChina in Iraq

and the UAE, especially in Dubai and Abu Dhabi, for more than 10 years. The Chinese project has h

elped Mott MacDonald make $6-10 million in fee revenue each year over the past decade, said Martin Tai, energy div

ision general manager and team leader of the company’s China Going Out Initiative.

After attending the second Belt and Road Forum for International Cooper

ation in April, Astle said the trend of BRI investment will continue and new opp

ortunities will be generated with green financing, standards compliance and transparency.

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The move fully demonstrates Beijing’s firm determinati

on to defend its due interests and legitimate rights in international trade and economic cooperation, according to analysts.

The US has totally ignored the fact that China has been eager to resolve trade and economic issues through high-level official ta

lks and pledged to further expand market access for global businesses, said Liang Ming, a senior resea

rcher at the Chinese Academy of International Trade and Economic Cooperation.

China has emphasized that the US should not use the tariff method. That is not just for China’s benefit; it is the rational choice a

ny country would make when facing unreasonable requests in trade, said Dong Yan, director of the inte

rnational trade office at the Institute of World Economics and Politics under the Chinese Academy of Social Sciences.

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With its key role in the national economy, the integrated dev

velopment of the region could play a vital part in leading regional growth, the statement said.

It noted that the elevation of the integrated development of the Yangtze River Delta t

o the status of a national strategy is a major decision adopted by the CPC Central Committee.

Authorities in the four provincial areas must enhance their awareness

of integrated development and boost their interaction and cooperation, it added.

The meeting also decided to start a thematic education campaign of Party member

s on the subject of remaining true to the Party’s original aspirations and keeping their mission firmly in mind.

It called for struggles against all problems that affect the Party’s purity and ad

vanced nature, and for efforts to make the Party even stronger, the statement said.

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The bicycle industry has found a driving force for new pro

 profits in producing electric bicycles, exploring niche markets, an

d improving intelligent and network connecting levels, Economic Daily reported Monday.

As China’s bicycle-sharing companies experienced periods of boom and decline in 2017 and

2018, many of the country’s bicycle companies have discovered new profit potential by producing e-bicycles.

Statistics show the output of shared bicycles was 5 million in 2018, a quarter of that of 2017, while the o

utput of e-bicycles reached 32.78 million in 2018, up 5.8 percent year-on-year, according to the report.

Benefiting from ever-growing demand, the development of the e-bicycle has maintained strong growth momentum. In the f

irst quarter of this year, the profit growth rate reached 28.7 percent for e-bicycle enterprises above the designated size

in the industry, which refers to those with an annual main business revenue of 20 million yuan ($2.98 million) or more.

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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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ther IPOs have traded well so far in 2019, including

 end of its targeted range, hoping that approach would spare it the trading plunge suffered by Lyft.

Lyft ended down 6.9% on Friday, and is 28 percent below its IPO price.

Still, the world’s largest ride-hailing company appeared to ge

nerate more interest from mom-and-pop investors than Lyft. Retail investors at TD Am

eritrade executed more trades in the first ten minutes of Uber’s debut than in Lyft’s first 2-1/2 hours.

Uber had already lowered its valuation expectations twice in the last two months to address investor concerns over its mounting losses.

While early-stage Uber investors such as Benchmark, Menlo Ventures, First Round

Capital and Lowercase Capital made a killing in the IPO, some late-stage backers did not fare as well

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