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In 2018, Huawei spent $15.3 billion on technology R&D

ranking in fourth place following Samsung, Google’s parent Alphabet and Amazon. Data als

o showed the company took 14 percent of its annual sales on research last year, the second-highest after Alphabet.

Huawei’s R&D spending totaled 480 billion yuan ($71.3 billion) over the past 10 years, ac

cording to its annual report. Besides, the tech behemoth achieved 721.2 billion yuan in global sales in 2018, a 19.5

percent increase year-on-year, and net profit reached 59.3 billion yuan, up 25.1 percent compared with a year earlier.

Smartphone sales from the company gained 348.9 billion yuan las

t year, a 45.1 percent rise year-on-year accounting for 48.4 percent of total revenue.

As of April 15, Huawei has secured 40 commercial contracts for 5G equipment and shi

pped over 70,000 5G base stations, the company announced at its annual Global Analyst Summit.

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Chris Rowley, a visiting professor from Oxford Unive

rsity’s Kellogg College in England, called opening to more foreign investment a very important development.

“Of course this will expose both inward investors and indigenous organiza

tions to some stark differences in management and doing business between them, which in tu

rn requires more globally effective leaders who are less ethnocentric and more culturally aware,” he said.

Sikhumbuzo Zondi, a research assistant at the Institute for Global

Dialogue associated with the University of South Africa, said another important aspect of Xi’s

opening address was the desire to invest more resources in scientific innovation and technology.

The aim is to develop technologies and business models that will foster new growth an

d development. To do this, China is committed to spearheading the Belt and Road Science, Technology and In

novation Cooperation Action Plan to advance information and communications technology infras

tructure development with the aim of improving internet connectivity and security, Zondi said.

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The first draft also improved rules on developing a m

ulti-layer capital market system, strengthening investor p

rotection, promoting securities industry innovations and enhancing regulation.

New revisions were submitted for a second reading in April 2017 to

improve regulation on such areas as stock trading, acquisitions of listed firms, information disclos

ure and investor protection. The second draft also demanded the State Council to gradually advance the IPO syst

em reform in accordance with authorization granted by the top legislature.

Note: The following article is taken from the Chinese-language “Commentaries on International Affairs”.

On Thursday, the World Trade Organization (WTO) release

d a panel report on the case the United States lodged in December 2016 against China for its

use of tariff-rate quotas for wheat, rice, and corn. The WTO panel ruled that China’s administration of tariff-rate quo

tas violated its commitment to administer them transparently, while rejecting

the appeal by the American side which demanded that China release the information on tariff-rate quotas.

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All these questions need answers. The draft amendment

comes in time because, if passed, it will provide better regulations of the gene-editing activities over embryos.

Besides, the draft law did not list clearly the definition of gene-edited em

bryos. Technically speaking, if a fertilized egg is genetically edited and grows into an embr

yo, the total process should be considered gene-editing of embryo and put under the regulation of the law.

Zhang Dake, an associate researcher at Beijing Institute of Genomics, Chinese Academy of Sciences

In the past, “health rights” mainly referred to the right to stay healthy and free from injuries. T

he draft amendment this time follows the latest progresses in genetic technologies by extending its defin

ition to cover genetic resources, and will be a guiding principle for relevant disputes in the future.

More importantly, the civil code is a guiding law for all laws in the ci

vil sector. If the draft amendment passes, more related laws, regulations as well as sta

ndards will be amended or drafted in the future, which is a major progress in legislation.

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The lawsuit accused Liu and JD on six counts of false im

prisonment, civil assault and battery, as well as sexual assault or batter

y, seeking damages in excess of $50,000, according to a report from Reuters.

The court filing said JD is “vicariously liable” for Liu’s behavior as his alleged actions happened while

he was “seemingly” at work-related activities, and the assault and battery began in the presence of two other JD employees.

“We have not yet reviewed the complaint and are not going to comment on pending litigation, but based on the Hennepin County A

ttorney’s declination to charge a case against our client and our belief in his innocence, we feel strongly that this suit

is without merit and will vigorously defend against it,” Liu’s attorney Jill Brisbois said in a written statement.

Peter Walsh, an attorney for JD, said in a statement while it was not prepared to com

ment at this time, the company would vigorously fight against these “meritless claims”.

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Gathering various resources, the city clusters will bene

efit from economies of scale and agglomeration, and the coordinated development of those city clusters will help sha

re and build the basic urban foundation, bring stronger competitiveness and improve pe

ople’s lives,” said Chen Yuyu, an economics professor at Peking University’s Guanghua School of Management.

Nine Occupy activists, including three chief organizers, were found guilty for their involve

ment in the 2014 illegal Occupy protests, a Hong Kong court ruled on Tuesday.

University of Hong Kong law professor Benny Tai Yiu-ting and sociologist Chan Kin-man, two of th

e three chief organizers, were convicted of conspiracy to commit public nuisance and inci

tement to commit public nuisance, according to the West Kowloon Magistrates’ Courts.

The other chief organizer, pastor Reverend Chu Yiu-ming, was convicted of conspiracy to commit public nuisance.

Five other defendants, namely legislator from the Civic Party Tanya Chan Suk-chong, legislator and social worker Shiu Ka-C

hun, social activist Raphael Wong Ho-ming, and former student leaders Tommy Cheung Sau-yin and Eason Chu

ng Yiu-wa, were found guilty for incitement to commit public nuisance and incitement to commit public nuisance.

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he introduced measure is to “offer convenience for the pub

and greatly improve our work efficiency”, according to a released statement at a news conference held by the administration on Tuesday.

In the past, the residents in Chinese mainland could only apply for permits in their house

hold registration places with relevant documents, including identification card, hukou and application form.

National Immigration Administration holds a press conference on March 26, 2019.

Under the new measure, the residents will provide the same documents to apply for th

e passports and travel permits in their nearby exit and entry management departments, it said.

With the rapid development of China’s economy and society, a growing

number of people have been living, stuadying and working away from their hometown, and th

ere has been a strong demand for them to apply for the passports or travel permits in different places.

Data provided by the National Immigration Administra

tion show, this year, an estimated 21 million people will apply for passports and travel permits in di

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hina to punish makers, sellers of fake products ‘until bankrup

EIJING – China will substantially increase the cost for breaking the law in the crackdown on intellectual property right infringe

ments and counterfeits, an official with the national market regulator said Monday.

“We will make the manufacturers and sellers of fakes products pay the

price until bankruptcy,” Zhang Mao, head of the State Administration for Market Reg

ulation, told a press conference on the sidelines of the annual legislative session.

They will also be exposed to the public and “have no place to hide under the sunshine,” Zhang said.

At the same time, the country will push for the self-discipline of companies and nurture a social credit system, he said.

Through the efforts, the administration aims to gradually red

uce the number of fake products and ease the concerns of the people, Zhang added.

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But the US would also like an agreement from Kim that

he will agree to dismantle the DPRK’s enrichment facilities and access for internat

ional experts to verify the dismantling of a rocket launch site and a nuclear testing site.

Of course, the process to make the Korean Peninsula nuclear-free could be a long drawn ou

t process given that the US and the DPRK are yet to fully agree on what “complete denuclearization” me

ns, which makes it difficult for them to agree on how to turn that vision into reality.

And while Washington has been seeking “complete, verifiable and irreversible” denuclearization before it lifts its san

ctions on the DPRK, Pyongyang has insisted on a process carried out “stage-by-stage” in a “simultaneous way”.

Despite all this, the peace process must never be allowed to stall o

r be reversed. Peace and stability on the Korean Peninsula is the common aspiration of all pe

ace-loving people, and conforms to the interests of all the parties concerned, including China, which has played an in

dispensable role in maintaining the momentum of engagement between Pyongyang and Washington.

Kim and Trump are on the right track toward realizi

ng the goal of a denuclearized peninsula. The end of the nearly 70-year hostility between the two cou

ntries, if realized with a peace deal, would in itself be no small feat, and it will def

initely pave the way for more concrete actions taken by the two sides to rid the peninsula of the threat of nuclear war.

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Polls across the country were scheduled to open at 8 a.m

  (2 a.m. ET) and close at 2 p.m. (8 a.m. ET) Saturday, but reports soon emerged of widespread delays.

  In the megacity of Lagos, CNN visited multiple polling stations, all of which opened hours la

ter than planned. Voters said they had lined up for hours before electoral officers arrived with voting materials.

  To cast their ballots Saturday, voters were expected to complete an accreditation process in which officials from Nigeria’s Independent National Elec

toral Commission take their fingerprints and scan their permanent voting cards.

  A nurse told CNN she turned up at a polling station after working a night shift, only to face a long wait.

  ”I am supposed to be resting now, but I came to the polling station (at) 7:30 a.m. thinking they the electoral commissi

on officials) will be here, but it’s two hours now, and they have not come,” Juliet Emoedin said.

  Festus Okoye, a national commissioner for the electoral commission, sa

id stations that opened late would close an hour later, according to the Nigerian Television Authority, the state

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