The 5G licensing will help deepen structural reform

 in the tel阿拉爱上海女神会所ecom industry, improve the level of social and economic informatization and foster seve

ral leading companies with global competitiveness,” said China Mobile Chairman Yang Jie.

China Mobile claimed its 5G services will be available in more than 40 cities by the end of September.

China Telecom also said in a statement that the 5G licensing will be a key step to build the country into a cyber power. It is also cond

ucive to gaining a competitive edge in the telecom sector, which will help drive technological innovation, em

brace industrial upgrading as well as boost high-quality economic growth, the company said.

China Unicom noted it will continue welcoming foreign companies to participate in domestic 5G construction.

“The 5G licensing will be a significant boost to the domestic economy as it will drive

the transformation and upgrading of the real economy, promote 5G applications in

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These high net worth individuals each possess inve

Meanwhile, 79 percent of the Chinese high net worth individuals polled said they are optimistic about their inves

tment returns for the next six months, while the average number was 62 percent in the North Asian markets.

Despite the fact that the benchmark Shanghai Composite Index sh

ed nearly 24 percent in 2018, 67 percent of Chinese participants said they will increase their inv

estments in the stock market in the next six months, much higher than the 51 percent registered in North Asia on average.

UBS found that cash still makes up about 30 percent of the investmen

t portfolios of Chinese high net worth individuals, which is the lowest among all surveyed Asi

a-Pacific markets, and even lower than the global average of 32 percent. Although China’s number is relatively lo

w, it is comparatively one of the most significant parts of the investment portfolios of high net worth individuals.

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Wuxi officials punished over kindergarten ‘gang’ question

Three officials in Wuxi, East China’s Jiangsu province, have been gi

ven Party and administrative punishments on Thursday over an inappropriate question about

whether kindergarten children were involved in gangs, the local government said on its official Wechat account.

According to the government of Wuxi’s Xishan district, Feng Dongyan, director and Party chief

of the Xishan Education Bureau, has been given the punishment of warning within the Party.

Wang Zhaoyu, director of the educational bureau’s general office, has been given a serious warni

ng within the Party and removed from office. Lu Zhongxian, director of the bureau’s educational equi

pment and student aid management center, was also given a serious warning and dismissed.

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underlines legacy of Long Marchnping visits a museum mark

President Xi Jinping encouraged the Chinese people to be prepared for a new Long March to

ward national rejuvenation during a visit to a revolutionary base in Jiangxi province on Monday.

“We came here to the starting point of the Long March to exper

ience the situation of the Red Army’s departure during those years. Now there is a new Long

March, and we should make a new start,” Xi said at a memorial park in Yudu county, Ganzhou.

The Long March covered over 12,500 kilometers from October 1934 to October 1936. It was a military

maneuver carried out by the Red Army and led by the Communist Party of China to combat the Ku

omintang regime. The expedition, beginning in Yudu, laid the foundation for the Party’s victory.

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