Foldable smartphones might not be the future: experts

On Sunday, China’s tech giant Huawei officially unveiled Huawei Mate X, its first foldable smar

tphone. That came just five days after Galaxy Fold, the first foldable smartphone of Samsung. But fol

dables might not be the future of smartphones, comment two experts with China Daily’s Zhang Zhouxiang:

Yuan Xuanhua, a renowned industrial designer with 20 years’ experience in smartphone engineering

Some media outlets have described foldable smartphones with so many sweet w

ords as if they were a technological breakthrough. Unfortunately, they are not. The te

chnology of foldable displays were invented as early as 20 years ago in a quite easy way — By replacing the glass th

at supports the display with foldable organic materials. Such displays can not only fold, but also curve.

Concerning the foldable screens of Huawei and Samsung, they have better displays with higher density rate and cl

earer, more stable display performance, but in essence they are still using the same technology. Therefore, f

oldable smartphones are more like a consumption-led innovation rather than a technology

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In a major scandal last year, Changchun Changsheng Life

Sciences, a vaccine producer in Changchun, Jilin province, faked production records and used expired material for the production of rabies vaccines over the past four years.

The company was ordered to suspend production, and senior executives

were detained and face criminal charges. The company was ordered to pay fines of 9.1 bi

llion yuan ($1.3 billion) for violations, one of the heaviest fines imposed on a pharmaceutical company over the past few years.

Following the revelations, top officials vowed harsh penalties and reform of the vaccine super

vision system to eliminate loopholes. A new law on the management of vaccines was drafted for review.

Fang Laiying, former head of the Beijing Municipal Health Commission, said he has faith in the overall safety of drugs in Chi

na, but individual cases involving violations of the law can tarnish the image of the whole pharmaceutical sector.

“The government is intensifying its efforts in cases involving violations of drug safety laws, including severely puni

shing criminals and setting up strict accountability systems to improve supervision of the sector,” he said.

Gao, the CDC head, said major infectious diseases such as dengue fever and AIDS will continue to be the priority in disease prevention and control this year.

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Premier financial magazine bullish on Chinese stocks market

Chinese stocks market surged on Monday with benchmark indices in Shanghai and Shenzhen jumping over 5 percent, mak

ing daily turnover break through 1.04 trillion yuan ($155.5 billion), a new record since 2015. The Barron’s, a fin

ancial weekly published by Dow Jones & Company, said the performance of Chinese stocks is much better than the S&

P 500. Global investment management corporation BlackRock also suggested lasting gains of the bull market.

Barron’s said the CSI 300 index, which tracks the largest stocks traded in the Shanghai and Shenzhen

stock exchanges, rose 6 percent on Monday, with a year-to-date gain of nearly 24 percent, twice the gai

n in the S&P 500, making the CSI 300 index one of the best performing indices globally in 2019.

The ongoing finance sector reforms and further industry open-up could also help boost the Chinese economy and the stock market, the Barron’s report said.

China’s financial system has great potential in helping stabilize the economy, a previous China Daily report said, adding that the co

untry will deepen supply-side structural reform in the financial sector and strengthen the sector’s ability to serve the real economy.

stgongchen.cn

Trade talks expected to finalize dealNG SHUIYU,ZHONG NA

China and the United States are expected to come to an agreement soon over trade frictions, analysts said, as the negotiating teams a

re reported to be discussing the wording of an accord and considering applying the brakes to their tariff standoff.

They made the prediction after Chinese and US officials said there had been concrete p

rogress on multiple issues in the latest round of trade talks in Washington.

During the latest talks, held from Thursday to Sunday in Washington, the seventh round since February of last year, th

e two sides focused on the text of an agreement, the Chinese delegation said, according to a Xinhua News Agency report.

The negotiators also had made substantial progress on such specific issues as technology transfers, protection of i

ntellectual property rights, nontariff barriers, the service industry, agriculture and exchange rates, the delegation said.

On the basis of the latest progress, the two sides are expected to continue their work

into the next stage, in accordance with the instructions of the two countries’ top leaders, according to Xinhua.

youhuileyuan.cn

State Councilor Wang Yi said Sino-US trade negotiations

have once again made concrete progress and provided positive pro

spects for bilateral relations and the global economy. Wang, also minister of foreign affa

irs, made the remark at an event on Monday, according to a statement issued by the ministry.

Yao Yang, dean of the National School of Development at Peking University, said, “It is encouraging that both sides have begu

n to work on the text of an agreement, which indicates a speeding up toward sealing a trade deal.”

“The progress also showed that effective economic diplomatic meas

ures can help resolve cumbersome issues and reduce confrontation between two nations,” Yao said.

After tit-for-tat exchanges of hefty import tariffs, President Xi Jinping and hi

s US counterpart, Donald Trump, agreed in December to halt new tariffs for 90 days to a

llow for talks. Since then, negotiations have been conducted on a wide array of topics.

Early Sunday afternoon in Washington, Trump tweeted that he “will be delaying” the incr

ease of tariffs on Chinese imports scheduled for March 1, due to “very productive” trade talks between the two countries.

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It’s all about Huawei. World’s biggest mobile tech show g

  Over the next four days, about 100,000 people in Barcelona are expected to traipse through the halls of Mobile Worl

d Congress, one of the tech industry’s biggest events. All the biggest players in the world use it to showcase new products.

  One company really stands out this year: China’s Huawei. Walking

out of the Barcelona airport, there’s a Huawei hospitality stand. The company’s bran

ding dots the city. The lanyards conference attendees wear around their necks are decorated with the Huawei name.

  There’s a good reason everyone is focused on Huawei, one of the world’s largest makers of telecom equipment.

  Huawei is a crucial part of China’s efforts to advance superfast 5G wir

eless networks and today is caught in a life or death battle with the US government.

  The United States claims that Huawei poses a potential national security threat. Last month, US prosecutors revealed cri

minal charges against the company, alleging that Huawei stole trade secrets and worked to skirt US sanctions on Iran.

sjhtjn.cn

Mine accident leaves 21 dead, 29 hurt in Inner Mongolia

  An accident at a coal mine in Inner Mongolia that claimed 21 lives and injured 29 was c

aused by a brake glitch that forced a vehicle to go out of control and hit a ramp, according to local authorities.

  The accident occurred at about 8:20 am on Saturday at a mining company in North

China’s Inner Mongolia autonomous region, when a vehicle was transporting 50 workers to the mine.

  The cause of the accident is under investigation. All 29 injured were rushed to hospital and were in stable condition.

  Fu Jianhua, vice-minister of emergency management, arrived at Inner Mongolia

at 22:00 pm on Saturday with a team to supervise the rescue and investigation work.

  An emergency center which included four working teams for medical service, security and safety was set up.

qiancengdian.cn

DPRK leader leaves Pyongyang for Hanoi for second DPRK

PYONGYANG — Kim Jong-un, top leader of the Democratic People’s Republic of Korea (DPRK), left here Saturday afternoon by train f

or Vietnamese capital Hanoi for the second DPRK-US summit, the official Korean Central News Agency (KCNA) reported Sunday.

Kim will meet with US President Donald Trump there on Feb 27-28. Their first meetin

g was held in June 2018 in Singapore, which resulted in improved bilateral relations.

Kim will pay an official visit to Vietnam at the invitation of Vietnamese President Nguyen Phu Trong before his meeting with Trump.

Kim was accompanied by Kim Yong-chol, Ri Su-yong, Kim Phyong-hae and O Su-yong, members of th

e Political Bureau and vice-chairmen of the Central Committee of the Workers’ Party of K

orea (WPK), Ri Yong-ho, member of the Political Bureau of the WPK Central Com

mittee and foreign minister, No Kwang-chol, alternate member of the Po

litical Bureau of the WPK Central Committee and minister of the People’s Armed Forces, among others, said the KCNA.

Kim was seen off at Pyongyang Railway Station by Kim Yong-nam, Choe Ryong-hae and Pak Pong-ju, members of the Presidium of the Political Bureau of the Cen

tral Committee of the WPK, and other senior officials of the party, government and armed forces, said the KCNA.

headun.cn

denounced May’s “disastrous” handling of Brexit, conde

  mned the Conservative Party’s shift to the right and warned it was in danger of being taken over by extremists.

  Their announcement was timed for maximum impact, dropping just before the weekly s

ession of Prime Minister’s Questions. In a move freighted with symbolism, the three ex-Conservative MPs

joined the eight former Labour lawmakers on the opposition benches in Parliament on Wednesday.

  The move could mark the start of a reshaping of British politics as the clock continues to tick down to March 29, when the U

K is due to leave the European Union. With 37 days to go, Parliament has still not approved a Brexit deal.

  In a joint letter to May, Heidi Allen, Anna Soubry and Sarah Wollaston blamed their departure on the government’s “dismal failure to stand up to

the hard line ERG [European research Group],” whose members advocate a no-deal Brexit. The three lawmakers, who have

been vocal anti-Brexit campaigners, said that Britain’s exit from the EU had “re-defined the Conservative Party — undoing all the efforts to modernize it.”

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However, a one-hour extension is less time than many

  voters have spent in line to cast their ballots in the crucial election.

  The incumbent, Muhammadu Buhari, 76, is running against 71 other ca

ndidates, but his main challenger is Atiku Abubakar, a 72-year-old business tycoo

n and former vice president. They are both Muslim candidates from the north of the country.

  When Buhari, a former military ruler, was elected in 2015, it wa

s the first peaceful transition of power in Nigeria. He promised to offer a clean sweep of the old

routine, but many have been left disillusioned and angry at the rising levels of inequality and extreme poverty.

  More than 84 million people registered for the vote in Africa’s largest economic p

ower, according to data from the Independent National Electoral Commission.

  Videos have surfaced on social media reportedly showing the burni

ng of ballot papers and disruption of the electoral process in various parts of the country.

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