A group of boys on bicycles gather on a dusty side

Foot on pedal, 10-y上海龙凤女神会所ar-old Murtaja Qureiris is about to lead the group of a

round 30 children. In video footage obtained by CNN, he is wearing rolled up denim jean

s and black flip-flops on his feet, and grinning at the camera recor

ding the event. It may look like a regular bike ride, but the group is staging a protest.

Moments after they set off, Qureiris gets lost in the sea of boys, strug

gling to keep up as he lifts a megaphone and presses it against his lips. “The people demand human rights!” he shouts.

As a boy, Qureiris participated in demonstrations like this bike

ride, expressions of dissent in Saudi Arabia’s Eastern Province during the 2011 Arab Spring.

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In its first quarter report this year, Tesla revealed that i

t it expects its second-generation Model 3 production line at its Shanghai plant to

cost 50 percent less per unit than its factory in Fremont, California.

CEO Elon Musk also said in April that the gigafactory in Shanghai expects to produce 1,000 and 2,000 vehicles a week

But China CDC says more efforts still needed to hit nation’s reduction target

Smoking has been declining on the Chinese mainland, but m

ore efforts are needed for effective tobacco control, according to a survey released on Thursday.

Last year, 26.6 percent of the population 15 years old or above across the mainland were smokers, according to the survey, which

was conducted by the Chinese Center for Disease Control and Prevention between July and December.

by the end of the year, the report said.

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Cooperation has principles, and the bottom line

All foreign companies’ legitimate rights will be protected by the Chinese government, the Ministry of Commerce said.

In a response to a question about whether China would take certain actions against Apple Inc after

the US government restricted Huawei’s business operations, which has harmed the inter

ests of companies and financial markets on both sides, the ministry’s spokesman Gao Feng said the legitimate righ

ts and interests of all foreign enterprises in China will be protected by the Chinese government.

China will stand firmly on further opening-up and reform, as w

ell as creating a stable, predictable and fair commercial environment for all bus

inesses operating in China, he said.hina will not allow any countries to use rare earth materials to make pr

oducts that will suppress China’s development, the Ministry of Commerce stressed.

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Foreign investors’ access to onshore stock index futures

“Moreover, as foreign investors’ trading helps boost liquidity in the domestic market and makes the price changes mor

e consistent with international trends, domestic market participants can also better hedge against risks,” he said.

Experts also expect China to open up the stock index futures mark

et to foreign investors, as they have large exposure in t

he A-share market and are therefore in need of this risk management tool.

Foreign investors’ access to onshore stock index futures is an “infrastructure” for fin

ancial market opening-up, without which foreign investors’ passion for Chinese shares may be dampened, said Wa

ng Maobin, investment department chair at the University of International Business and Economics in Beijing.

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Trump arrives in Japan for state visitUS President Donald Trump

 arrived in Japan for a state visit that will make him the first world leader to meet the country’s new emperor.

Trump and first lady Melania Trump arrived Saturday aboard Air Force One after a 14-hour journey. The president was h

eading to a dinner with business leaders at the US Ambassador’s residence in Tokyo after a brief airport welcome.

The visit is part of a continuing charm offensive by Japanese Prime Minister Shinzo

Abe that analysts say has spared Japan from far more debilitating retaliatory action by Trump.

The president has refused to lift the threat of slapping potentially devastating US

tariffs on imports of Japanese autos and auto parts on national security grounds.

US tariffs against Japanese aluminum and steel remain.

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There are signs that the central government will not cha

ange its resolution to control house prices, Zhang said, adding that in the future the real estate market will continue to crack down on speculation.

On May 11, Suzhou tightened housing policies further, China Daily ea

rlier reported. The down payment ratio for a family’s first home purchase has been rais

ed from 20 percent to 30 percent.China may grant official 5G licenses, instead of the interim licenses prev

iously planned, to telecom carriers this year and is likely to start commercial use of the superfast wireless technology nat

ionwide in the near future, possibly as soon as October, according to people familiar with the matter.

Newly built property in certain parts of the city cannot

be traded for a three-year period after purchase, and for five years in the case of pre-owned property.

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In the past several months, China has announced and

started to implement a “negative list” program that allows foreign co

mpanies to have 100 percent ownership in investments in all areas of the economy, excep

t for a small number of areas, such as telecoms and defense, that are explicitly prohibited.

Also, foreign investment has been simplified by creating a one-stop regulatory shop and a single application process.

These new policies will lead to greater competition within China, forcing C

hina’s companies to become more efficient and to produce higher quality products.

The Chinese government has also recently announced tax cuts and financial regulations desi

gned to help private companies. This will hasten the ongoing transition to a market-driven economy.

Most Chinese State-owned enterprises are not relevant to trade negotiations. Many are in non-tradable sectors such as p

roperty development, infrastructure, or concrete. Others are basically public utilities in telecoms or power.

aishedesac.com

Most Chinese State-owned enterprises are not relevant to tra

ade negotiations. Many are in non-tradable sectors such as property develop

ment, infrastructure, or concrete. Others are basically public utilities in telecoms or power.

Some Chinese car companies are State-owned, usually by provincial govern

ments, but the car business in China is very highly competitive and foreign brands are very successful.

In any case, the continuing growth of an already large private sector should alleviate foreign concerns

about competing with State-owned companies.

During the George W. Bush administration, the US imposed tarif

fs on Chinese steel, arguing that State-owned companies had an unfair advantage. But, US ste

el companies also face higher costs because of increased environmental protection. China’s current emphasis on bu

ilding an “ecological civilization” means that that kind of polluting heavy industry will be less viable.

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China’s consumer inflation quickens tosumer price ind

China’s consumer price index (CPI), the main gauge of inflation, gr

ew 2.5 percent year-on-year in April, the National Bureau of Statistics (NBS) said Thursday.

The reading, in line with market expectations, accelerated from the 2.3 percent gain in March and 1.5 percent in Febru

ary. On a monthly basis, consumer prices edged up 0.1 percent, compared with the 0.4 percent drop seen a month earlier.

NBS official Dong Yaxiu attributed the rise to higher prices of vegetables, pork and fruit, which ros

e 17.4 percent, 14.4 percent and 11.9 percent, respectively, from the same period last year due to tighter supplies.

Food prices, which account for nearly one-third of weighting in China’s CPI, went up 6.1 percent year-on-year.

Meanwhile, China’s producer price index (PPI), which measures inflation at the factory gates, rose

0.9 percent year-on-year last month, up from the 0.4 percent gain in March that showed improving market demand.

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He underscored the importance of information technol

ogy to the country and people, and called for propelling the development of cloud computing, big data, artificial intell

igence and the industrial internet in a bid to advance the building of a digital China and a smart society.

He also said more work is needed to promote the integration and sharing of infor

mation resources between urban and rural areas to narrow digital gaps and unleash the vitality of digital sectors.

Zhuang Rongwen, head of the Cyberspace Administration of China, said enterprises are being encouraged to ramp up inve

stments and make breakthroughs in core technologies, and to make full use of international innovative resources.

Zhuang also called for speeding up the commercialization of 5G a

nd the deployment of the Internet Protocol version 6 network, as well as pushing forw

ard the digital economy so as to cultivate new driving forces and promote high-quality development.

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