The fall in lithium battery prices is the primary impet

tus for the development of the EV industry. The economical advantage of EVs will c

ontinue to promote the development of the industry after 2025,” Kou from Bloomberg New Energy Finance said.

Although Chinese high net worth individuals remain bullish on their personal finances at a time of market volat

ility, experts say they should diversify their investments to offset possible losses and achieve stable profits.

According to UBS global wealth management’s quarterly investment sentiment s

urvey released in early May, about 73 percent of the 1,740 high net worth individuals interviewed in the A

sia-Pacific region said they are confident about their personal financial situation in the next 12 months, while 85 pe

rcent of Chinese respondents hold such a view, which was the highest among all surveyed North Asian markets.

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pending on health, education, and social protection coul

State Councilor and Defense Minister General Wei Fenghe will attend the Shangri-La Dialogue w

hich is set to open on Friday in Singapore, said Senior Colonel Wu Qian, spokesman for the Defense Ministry.

Wei’s attendance will be the second time China has sent its defense minister to the internati

onal security forum held by London-based think tank the International Institute for Strategic St

udies. The first time was in 2011, when General Liang Guanglie took part and delivered a speech.

General Wei is scheduled to speak on China’s security cooperation

with the international community and will meet heads of several foreign delegations to dis

cuss a wide range of topics, Wu said at a news conference in Beijing on Thursday.

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Lippi, who led his native Italy to World Cup glory in 2006

was first hired in November 2016, but his original two-year stint in China delivered littl

e to cheer about. He was unable to take China to the World Cup finals in Russia in 2018.

The 71-year-old Lippi had stepped down in January, after the country’s quarterfinal

exit from the Asian Cup, when he reportedly became furious in the dressing room after China’s crushing 3-0 loss to Iran.

Lippi’s first game in his second tenure will be a friendly match with the Philippines in Guangzhou o

n June 7, as Team China prepares for the second round of Asian zone qualifying for Qatar 2022, which kicks off in September.

“I think I’d vote for Lippi to come back,” 38-year-old Team China capt

ain Zheng Zhi said on China Central Television in March. “The old man would for sure brin

g more values to the team. We never lost faith in him, and our players all recognize his importa

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developed chips for base stations, basebands and chipsets

powered by artificial intelligence.Services will be provided based on the results of a survey of 81 countries

China will offer customized data services for disaster prevention thr

ough its Fengyun meteorological satellites for more countries along the Belt and Road, said a

senior official of the China Meteorological Administration’s National Satellite Meteorological Center.

The services will be provided based on the results of a survey of 81 countries. By the end

of April, 22 countries, including Afghanistan, Pakistan, Iran, Russia, Libya and Sudan, had responded to the survey.

“From chips to its self-developed operating system, Huawei has long been preparing for in

dependent research and development in core technologies. It has the ability to adjust to changes in the glo

bal market,” said Xiang Ligang, director-general of the Information Consumption Alliance.

Huawei has also made preparations with core chipsets. Existing stocks

are thought to provide the company with a buffer of six months to a year, he said.

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We think the authorities should step up their efforts to

 improve the governance of ethics in scientific research in light of the loopholes exposed in He’s case,” Zhai told China Daily.

Results of further investigations in the case should be made public, including the penalties given to all involved, she said.

One reason for publishing the article on Nature was to show the resolve of the gover

nment and ethics scholars in China to improve ethical compliance in the sciences, Zhai said.

In the commentary, the four scholars said the government should release clearer rules and regulations on the use of techn

ologies and hand down sharper punishments to offenders, including disqualifying them from scientific research.

“Self-regulation of scientists is unlikely to be enough, given their potential conflicts of i

nterest under market pressures. Thus, top-down regulation is crucial,” they said.

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China’s IPR protection efforts bear fruit for foreign enterprises

China’s constant improvement of intellectual property rights pro

tection is a huge boon for popular foreign IPs like Peppa Pig to ride the country’s consum

ption boom, according to an executive from the trademark’s owner Entertainment One UK Ltd.

“There has been a very positive trend in China,” said Tim Pfeiffer

, the company’s senior vice-president of business affairs. “Our cooperation with the China Trad

emark Office has been very encouraging and we are more than happy to cooperate further.”

Beijing’s efforts have shown that it is serious about enforcing IPR protection to safeguard justice an

d social stability. Chinese courts have resulted in a 42 percent surge in intellectual property r

ights cases in 2018, according to the work reports of the Supreme People’s Court and the Supreme People’s Proc

uratorate that were submitted to the country’s annual national legislative session in March.

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Pilot blames lightning for deadly crash landingkhoi aircraft

The pilot of a Russian passenger plane that erupted in a ball of fire on the runway of Moscow’s busiest airp

ort, killing 41 of the 78 people aboard, said lightning led to the emergency landing, Agence France-Presse reported.

Investigators on Monday were working to understand the causes of the blaze after the Suk

hoi Superjet-100 returned to Sheremetyevo airport shortly after takeoff on Sunday evening.

Pilot Denis Yevdokimov told Russian media the aircraft lost communication and needed to

switch to emergency control mode “because of lightning” on the Aeroflot flight to the Arctic city of Murmansk.

He did not specify if the plane was struck directly.

“We managed to restore communication through the emergency frequenc

y on our radio connection. But the link was only for a short time and kept cutting out. … It wa

s possible to say only a few words,” he told The Komsomolskaya Pravda newspaper.

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Shanghai alone generated 509.2 billion yuan in touris

m revenue last year, up 13.5 percent year-on-year. Out of it, 447.7 billion yuan was contributed by 340 million passenger trips by domestic travelers.

Shanghai’s abundant cultural and tourism resources, its high lev

el of internationalization, convenient public transportation, fine public service, rapi

dly improving level of intelligent urban infrastructure are attracting travelers from home and abroad, said He.

Last year, 135 products sought official recognition to be sold as city souvenirs. Only 43 made

it to the shortlist, out of which 24 were eventually selected as they featured distinctive Shanghai elements.

Many of the products are made by time-honored brands including White Rabbit creamy candy, Park Hotel’s butterfly cooki

es, local patisserie Xing Hua Lou’s sweetened bean paste moon cake, Bee & Flower sandalwood soap, Liushen Fl

orida Water, as well as Shanghai Museum’s creative jewelry box, silk scarves, teacup sets and table flags.

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More regulation of rural banks’ shareholder equity

hina is stepping up the investigation and regulation of shareholder equity

for small and medium-sized rural banks to improve their corporate governance, said a

n official of the China Banking and Insurance Regulatory Commission on Monday.

From 2018 to 2020, the CBIRC’s offices at the local level will investigate all rural commercial banks, rural cooperatives and rural credit unions.

As of the end of last year, the regulators had investigated 868 rural coopera

tives, which involve 28,000 stakeholders with shareholding of more than 1 percent, and 65,00

0 shareholder affiliates. The rest of the rural banking institutions will be investigated in 2019 and 2020.

The regulators found that small and medium-sized rural ba

nks had a few prominent shareholder equity problems, according to the CBIRC.

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It was such a huge temptation that I studied like cra

 to get such scores. I got extremely high marks in the end, but my father failed to keep his pro

mise because the family could not afford the tickets to go to Nanjing,” Zhou said.

“Visiting the bridge had been my dream for many years. Now, my two sisters and I have all m

oved to Nanjing, the provincial capital. It’s a happy coincidence that my family lives near the bridge.”

Lu Andong, a professor with Nanjing University’s School of Architecture and Urban Planning, said the bridge repres

ents the collective memory of several generations and has special meaning for Chinese.

“It employed the country’s most advanced technologies and talented workers when

it was built. It was unique in stimulating cohesion and pride in the whole country,” Lu said.

In 1960, the bridge featured in the Guinness Book of World Records as the world’s longest with dual road and rail functions.

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