nd information technology, had confirmed at the Boao Fo

oao Forum for Asia, that China will grant 5G licenses this year, but didn’t disclose a specific date.

“5G, industrial internet and the internet of vehicles are among the country’s top development priorities

in the telecommunications industry,” Zhang Feng, chief engineer of the Ministry of Industry and Information Technology, sa

id on Friday during the World Telecommunication and Information Society Day.

Zhang called for accelerated efforts to set standards in key areas, including 5G, to expedite the com

mercialization of this forefront technology and bolster the nation’s core competitiveness.

Major Chinese smartphone maker Huawei Technologies Co has already unveiled its first 5G chip and first 5G fold

able smartphone, the Mate X, which is expected to hit the market in June, despite challenges involving the United States.

www.shanghaidianbaobao.cn

Liu’s article was published in Qiushi Journal, a flagship m

magazine of the Communist Party of China Central Committee. He said more efforts a

re needed to implement the proactive fiscal policy and boost efficiency this year.

Preventing and defusing local governments’ hidden debt risks is key to controlling major risks, he said.

Innovative financial tools will be introduced for debt swaps, and the indebted comp

anies will be allowed to choose the same way, under guidance from the local governments, Liu Shangxi, hea

d of the Chinese Academy of Fiscal Sciences, the Ministry of Finance’s think tank, told China Daily.

“The total amount of hidden debt waiting to be swapped has not yet been calculated, as this

round of debt swaps will not involve the government’s administrative orders, but depends on the ma

rket’s appetite based on the evaluation of the potential default risks and the companies’ solvency,” he said.

9319888.org.cn

Digital tech applications creating jobs for women, engineer

merging jobs related to the digital economy have been and are expected to continue gro

wing quickly in China as digital technology is applied in more fields, said a senior executive from LinkedIn.

New media operators, front-end development engineers, algori

thm engineers, user interface designers, and data analysts were the top five profes

sions with the fastest growing number of practitioners in China on the US-based professional networking site fro

m 2013 to 2017, said Lu Jian, president of LinkedIn China in an exclusive interview with China Daily.

“Digital economy, which has become part of the national strategy, is just unfolding in the country. It won’t surprise us if such jobs con

tinue to draw employees of both genders and in both urban and rural areas in the coming years,” Lu said.

www.yuyingleyou.com.cn

Now that it has reached middle-income status, China’s eco

nomic strategy will focus on creating a highly competitive domestic market that forces com

panies to produce high-value goods so they can pay high wages to highly skilled people.

Because of its long experience in manufacturing, much of tha

t push will be focused on higher value-added production, using the new technologies of r

obotics, artificial intelligence, the internet of things and 5G. This is the only way to avoid the middle-income trap.

The reform and opening-up policies are exactly the kinds of market-driven reforms

needed to make this happen. The Chinese government is investing heavily in research and development, but it sho

uld be noted that the R&D spending as a percentage of GDP is still lower than that of the US.

shoppingfair.org

More nurses sought to treat elderly populationetition at a tra

Health authorities will redouble their efforts to train nurses in eldercare as the proportion of older people in the pop

ulation expands and tens of millions of people struggle with disabilities, a senior health official said on Wednesday.

Jiao Yahui, deputy chief of medical administration and supervision at the National He

alth Commission, said there are not enough nurses to cope with the growing needs of the country’s elderly.

A regulation on the training of healthcare workers and standards of service is being drafted. It i

s expected to boost the number of nurse’s aides, Jiao said ahead of International Nurses Day on Sunday.

The nurse’s aides will complement the work of full-fledged nurses to meet the demand for services for the elderly, she said.

The number of registered nurses in China topped 4 million as of the end of last year. Nearly 70 perc

ent held a junior college degree or above, accounting for almost half of all healthcare professionals, she said.

asrunde.cn

Not only are there missing links on the causality chai

 between long-term structural factors and actual economic performance, it is also unclear how long those factors would take to constrain GDP growth to a part

cular level. In fact, 20 years ago, the same long-term factors were used to warn of a possible fall in Chinese GDP growth.

Because of the complexity of China’s growth trajectory, many economists seem to base their assessments of potenti

al on performance. After every drop in China’s GDP growth since the second quarter of 2012-when growth fell be

low 8 percent-economists have emerged to declare that performance was in line with potential.

Difficult to determine potential growth rate

To be sure, there are various estimates of China’s potential growth rate, ranging from 5 perc

ent to 8 percent. But it is difficult to determine which is reliable. For one thing, there is reason to believe that

most estimates fail to discount cyclical factors adequately when calculating the long-term trend.

www.koryoung.com.cn

Using a variety of advanced technologies-augmente

 reality, artificial intelligence, virtual reality and human-computer interaction-scenes are create

d based on ancient Chinese classics, such as the Classic of Mountains and Seas, in which mythical an

imals appear in forests, lightning flashes, thunder rumbles, wind blows and rain pours.

Visitors can experience primeval nature in a part of the exhibition developed by the Beijing World Horticultural Expo Co

ordination Bureau and the Chinese Academy of Sciences’ Institute of Automation.

In addition, visitors can experience what it’s like to ride in an autonomous vehicle. Three driv

erless vehicles developed by Baidu-two with eight seats and one with four seats-offer rides in the park.

qianhuain.com

m are becoming increasingly fierce. We must

 adamantly safeguard the contemporary international order that was foun

ded by the UN and that brought about more than 70 years of general peace and rapid de

velopment after World War II. We must oppose a Cold War mentality and competitive rivalry, which go against the ti

de. We must firmly promote economic globalization, and prompt it to develop in a more inclusive, mutually beneficial, equ

itable and rational direction so as to realize a common prosperity and progress of humanity.

Third, we should be disseminators of Chinese civilization. Many pundits in the contemporary world think that China’s trad

itional culture contains important answers to resolving difficult problems of today’s world. A nation’s most profound spiritual

pursuits are deposited in its culture. China’s development path is rooted in its civilization and traditions.

www.a3o5.cn

Medical experts said bills for patients requiring 29

of the 55 rare disease medicines available on the Chinese mainland

have been partly or fully covered by the country’s medical insurance system.

The average medical bill for rare disease patients is 200,000 yuan ($

29,700) a year and more than 40 percent of patients have received no medical tre

atment due to the high prices, according to Li Linkang, China Alliance of Rate Diseases executive director.

Biogen, the United Sates-based pharmaceutical compa

ny that developed the drug, said that it is talking to the C

hinese government, the medical and patient communities, and charitable orga

nizations in a bid to establish a co-payment system to make the drug available to more patients.

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Some facts may be twisted and distorted to sensatio

nal proportions. But nothing can obliterate the tangible benefits the development initiative has brought. In less than six

years, the nascent Belt and Road are already changing development landscapes in multiple places and dime

nsions. Thanks to the initiative, East Africa has seen its first expressway, the Maldives its first cross-sea bridge, Belar

us its own car-manufacturing enterprise, and landlocked Kazakhstan finally has access to the sea.

And while China-Cambodia trade may not look to be in perfect balan

ce at this point, Belt and Road cooperation between the two neighbors is laying a solid fo

undation for the latter’s future progress. Take the Sihanoukville Special Economic Zone for instance. An exem

plary project under the framework of the Belt and Road Initiative, it is expected to host 300 enterprises, create 100,0

00 industrial jobs, and serve as a resident-friendly new community housing 200,000 people.

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