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Ren said Europe maintains close communications wit

th Huawei and some features of 5G are very suitable for the rollout of the superfast techn

ology in Europe. For instance, 5G capacity is 20 times that of 4G, and its power consumption 10 times l

ess. “We also use materials that will not corrode for decades, and these characteristics are very suitable for Europe.”

Ren said the US technologies are still worth learning in both their depth and width. Many small US companies have super-precision products.

“But in our business (5G), Huawei is at the forefront, though when

it comes to comparison between countries, we are still far behind the United States,”Ren added.

“We will not go through an extreme shortage of supplies. We have made sound preparati

ons,” Ren said, adding that the company’s employees are working overtime to prepare for such situations.

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Renminbi to remain stable, regulator saysknotes at a ba

Central bank vice-governor voices confidence amid currency volatility

The monetary authority vowed to stabilize the renminbi amid escala

ted trade tensions, while continuing to push forward financial opening-up and pr

otecting overseas investors’ legal rights, said a senior official from the central bank on Sunday.

“We have the foundation, confidence and capacity to maintain a stable foreign exchange ma

rket in China, and keep the renminbi exchange rate at a reasonably stable equilibrium,” said Pan Gongsheng, vi

ce-governor of the People’s Bank of China, the central bank, said in a statement on its website.

Before his pledge, the onshore renminbi rate depreciated to 6.9182 per do

llar at Friday’s close, the weakest level since December, and the offshore renminbi rate h

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ed it from repaying investors’ principal and interest. La

September, 53 people in the company were transferred for examination and prosecution.u’an, a county in

China’s Hebei province, 50 kilometers away from Beijing’s Tiananmen Square, is looking to build an innovation-driven coun

Emerging fields including online lending, investment, pension services, consumer reb

ates, financial mutual aid and virtual currencies have become “disaster areas” for economic crimes, said Gao.

Since the collapse of P2P online lending platforms beginning last Jun

e, public security authorities have investigated and handled more than 400 illegal fun

draising platforms and arrested more than 60 fugitives from 16 countries and regions.

“To grab excessive profits, the criminals keep changing and upgrading their criminal

methods, which are usually strongly deceptive,” he said. “Investors should be very cautious.”

clevru.cn

hina plans to boost rural development via digital technologies

China plans to promote the applications of digital technologies in rural areas to boost local development.

As a step towards rural modernization and transformation, digital rural development play

s a crucial role in rural revitalization and building a digital China, according to the guideline jointly issue

d by the general offices of the Communist Party of China Central Committee and the State Council.

The country has vowed to achieve initial development of buildin

g digital villages by 2020, with 4G internet accessible to more than 98 percent of the adm

inistrative villages and the digital economy growing rapidly in rural regions, the guideline said.

With the upgrading of internet technology, 2025 will see a n

otable narrowing of the urban-rural digital gap, the establishment of various ent

repreneurial and innovation centers in rural areas, and an intellectual rural logistics system.

www.fqyp.org

Chinese coffee startup Luckin Coffee will price its initial p

public offering at $17 per share on Nasdaq Stock Exchanges, CNBC reported on Friday.

This price is at the top of its expected range from $15 to $17 in a regulatory filing, indicating the value of the company at about $4.2 billion.

Luckin Coffee raised $150 million in the most recent Series B+ round of financing, lifting the B

eijing-based company’s valuation to about $2.9 billion, the company announced on April 18.

With the aid of new technology, Luckin Coffee provides customers convenient service with innovative business model.

“The old way is people looking for coffee. With us coffee finds the people,” Luckin Coffee’s Co-founder Eric Guo told CNBC.

As a representative of China’s new retail based on mobile app, Luckin Coffee, founded in 2017, has expanded at a rapid pace.

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Often these pictures do not represent how these indivi

duals look in real life without the posing, the filters, the photoshopping and the professional hair and make-up,” Martz said.

Pan, the Renmin University researcher, also believes that pi

ctures shared frequently on social media impose peer pressure on women.

“If people around you look thin on WeChat Moments, you are inevi

tably anxious to fit the general profile of having the ‘right look’,” she said.

Articles have also gone viral in summer on WeChat Moments, with sensational headlines such as “Good-looking girls never

weigh more than 50 kilograms” or “If you don’t lose weight in May, you will cry out loud in June”.

Shen Zijiao, a psychological consultant at Beijing Normal University, said: “Women don’t know what kind of beauty is best for th

em; they just thumb through their phone screens and get the notions of ‘being slender’ consciously or uncons

ciously. They always worry if their bodies are inconsistent with the so-called perfect body shape.”

ever-spring.org

Austrian pianist set to showcase Beethoveno showcase Bee

Austrian pianist Rudolf Buchbinder, one of the best Beethoven interpreters of all time, will perform

all five Ludwig van Beethoven’s piano concertos during his upcoming China tour with the German orch

estra, Staatskapelle Dresden, which kicks off on May 15 at the Guangzhou Xinghai Concert Hall.

He will also perform with the German orchestra in Changsha, Hunan province, on May 18

and 19, and conclude the tour at the National Centre for the Performing Arts in Beijing on May 21 and 22.

“Beethoven was the most romantic of composers. The more I play Beethoven’s works, the more musical freedom I get,” says Buch

binder, in an email interview with China Daily before the China tour. He adds that he has performed the com

plete cycle of Beethoven’s piano concertos with Staatskapelle Dresden for many times all around the world.

7893396.cn

Winter Games: 1,000 days to gontdown activity unfolds in Be

With 1,000 days to go before the 2022 Winter Olympics, pr

eparations are well underway for a successful and sustainable event.

Built for the 2008 Summer Games, Olympic Park in Beijing’s north

ern downtown area entered the spotlight again on Friday as the country began its cou

ntdown. The 2022 Winter Olympics, will be held in Beijing and co-host Zhangjiakou in adjacent Hebei province.

As the symbolic “1,000” flashed on a digital clock on the park’s Lin

glong Tower, a broadcasting facility for the 2008 Games, expectations were heig

htened for the winter sports extravaganza, which will run from Feb 4 to 20 in 2022. Three zones will feature athl

etic events — downtown Beijing, the city’s northwest Yanqing district and Zhangjiakou’s mountain district Chongli.

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He underlined the importance of properly mitigating

various social conflicts, and said efforts must be made to address legitimate and lawful concerns to safeguard public int

erests, and also guide the public in voicing their concerns in a law-based manner to maintain social order.

Strong pressure must be maintained to crack down on crimes such as organized gang activity, violent and terroristic cri

mes, as well as those related to fraud, robbery, food and drug safety, and environmental protection, Xi said.

Calling social fairness and justice a lifeline for judicial and law enforcement work, Xi called for improving the mec

hanism of the use of power in law enforcement as well as the supervision over such powers.

Efforts should be made to help the public feel fairness and justice in every case, Xi said.

He also urged public security staff to improve their work so that human rights can be guarant

eed while crime is fought, and fairness can be ensured while efficiency of law enforcement is pursued.

www.shuyin-edu.cn

The site has thousands of Chinese volunteers and hun

ndreds of security guards daily during peak seasons. In October, when it had a record number of travelers, the ad

ministrators decided to seek help from local universities for international volunteers, Liu said.

The lake, spanning a total of 60 square kilometers in the heart of Hangzhou, is ne

ar to one of China’s oldest Buddhist temples and is surrounded by lush green hills.

During the recent holiday, it was one of the most popular tourist spots amo

ng millions of domestic travelers, along with the Great Wall and the Forbidden City.

“It’s not only about giving tourists directions to the toilet or preventing people from smoking,” said Bela Nitesh Parm

ar from India, one of the students selected from among more than 50 candidates for the volunteer program.

“The more I help others, the more confidence and positive energ

y I earn for myself,” said the sophomore at Zhejiang University of Technology.

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