Tupac

Server manufacturer Inspur Group has signed a strategic

 partnership with Tianjin to set up an AI research institute in the city. By opening the new institute

, Inspur aims to join the top ranks of Chinese AI powerhouses in their quest to attract global talent.

“We will step up our efforts to develop the AI sector in Tianjin, and will focus on fields i

ncluding cloud operating systems and cloud databases,” said Sun Pishu, chairman of Inspur.

he Ministry of Commerce urged the United States on Thursday to stop abusing the

concept of national security and export control measures, and it promised that China will take all nec

essary measures to resolutely safeguard the legitimate rights of Chinese enterprises.

The comments came after US President Donald Trump signed an executive

order on Wednesday that is expected to restrict Huawei from selling its products in the US.

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Huawei said in a statement on Thursday that restricting t

 company from doing business in the US will not make the US more secure or stronger.

“Instead, this will only serve to limit the US to inferior, yet more expensive alternatives, leav

ing it lagging behind in 5G deployment and eventually harming the interests of US companies and consumers.”

The company said it is ready and willing to engage with the US government to come up with effective measures to ensure product security.

In response to the ban on Huawei buying parts from US companies, the company said such a deci

sion will “do significant economic harm to the US companies with which Huawei does business, affect tens of t

housands of US jobs and disrupt the current collaboration and mutual trust that exist in the global supply chain”.

Wang Peng, deputy head of the China Center for Information Industry Development, said the new US moves will disrupt the whole global electronics in

ustry and hurt a string of US companies that supply chips and other components to Huawei.

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Huawei has more than 13,000 component and service su

uppliers worldwide. In November, it unveiled a list of its 92 core suppliers for the first ti

me. Thirty-three of them are from the US, including chip giants Qualcomm Inc and Intel Corp.

Wang Yanhui, secretary-general of the Mobile China Alliance, said, “Huawei has also been pre

paring for such a situation for some time and has hoarded chips to handle a worst-case scenario.”

The company became the world’s third-largest buyer of semiconductors last year.

China will definitely safeguard the legitimate rights and interests of its businesses, and Trump’s executive order is n

ot a “constructive and friendly” gesture, Foreign Ministry spokesman Lu Kang said on Thursday.

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Britain’s May to agree departure after latest Brexit deal bid

 British Prime Minister Theresa May will set out a timetable for her departure in early June after the latest attempt to get her Br

exit deal approved by parliament, the chairman of a powerful Conservative committee said on Thursday.

Three years after Britain voted to leave the European Union, there is littl

e clarity over when, how and even whether Brexit will happen, prompting some in her party to c

all for a new approach to the country’s biggest policy shift in more than 40 years.

May has promised to step down after her Brexit deal is approved by lawma

kers. But many in her party want her to set out clearly when she will quit if the agr

eement is rejected for a fourth time, and others are demanding her immediate departure.

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A possible measure to reduce the hidden debt wou

uld be to separate the government-owned assets from that of the companies and let the State-owned businesses run by thems

elves, said experts close to the matter. This is particularly so for some public and infrastructure construction proj

ects. But it also means that the local governments will not be undertaking the default risks.

Experts said the minister‘s viewpoint is a signal that the authori

ties are determined to solve the vexed debt issue with more details set to emerge later and star

t a national campaign for preventing systemic financial risks, amid rising external trade challenges.

Other measures could include selling part of the State-owned assets, rest

ructuring the State-owned enterprises, or reorganizing projects, said Liu.

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Condolences flooded social media at the news of Pei’s passing.

Just a few minutes ago, the Louvre received the most saddening news. The architect behind the pyramid of

Louvre Museum, the Chinese architecture we just mentioned a few days ago, Mr I.M. Pei, one of the greatest architectural mas

ters in the world, died on May 16. He was 102. You may have gone to heaven, but you and your works will be forever rem

embered by the world,” read the Louvre’s official Sina Weibo account this morning.

“Mr Pei’s outstanding architectural designs made greatly important contributions to t

he history of architecture. As a Chinese-American, Mr. Pei was devoted to promote mutual und

erstanding between China and the US, and to further cultural exchange between the East and the West.

“The embassy building of China’s embassy to the US is an exempla

ry work that merges the East and the West and that manifests the long-term friendship and co

mmon future between the two nations. We recall with sentiments the architectural legacy Mr Pei has left us, and

the influence he has had on the world,” read a statement from the embassy of the US to Chin

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We are sad to hear the passing of architect I.M. Pei, whos

 incomparable contributions to museums and culture worldwide will leave an indelible legacy. In 1983, he accepted the Pritzker Architecture Prize here at The Met, s

aying: ‘Let us all be attentive to new ideas, to advancing means, to dawning needs, to impetuses of change so that we may ac

hieve, beyond architectural originality, a harmony of spirit in the service of man,” read The Met’s official Twitter account.

“For this Chinese-American growing up in the DC area, the East Win

g of the National Gallery of Art was an extraordinarily special place. A mon

ument ot beauty and to the possibilities of being an immigrant. RIP to a legend,” Twitter user Jia Lynn Yang wrote.

“You cannot talk about architecture in the last 60 years without talking seriously about I.M. Pei,” said Ro

bert AM Stern, a former dean of the Yale University school of architecture. “It’s not a single building. It’s h

is work over a generation of time and his logical and relentless pursuit of the highest degree of excellence.”

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International Museum Day celebrated at Palace M

Wang Xudong, director of the Palace Museum, says it’s a duty for museums to provide a platfo

rm for scholars to exchange their academic findings, for artists from different cultural back

grounds to show their work and boost mutual respect, and for children to pass traditions into the future.

The latest figures from the National Cultural Heritage Administration show China had 5,354 mu

seums by the end of 2018, and museums across the country held some 26,000 exhibitions in 2018 and

received 1.126 billion people, an increase of 30 percent and 16 percent, respectively.

The International Council of Museums organized the annual Inte

rnational Museum Day in 1977 to address the changing roles of museums.

Museums across the world are reinventing their roles to become more interact

ive, audience focused and active in delivering creativity and knowledge to their communities.

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Through its app, customers can watch their coffee being m

Luckin raised $561 million in its initial public offering Friday by selling 33 million American depositary shares at $17 apiece.

The ADS, which are trading on Nasdaq under the symbol “LK,” closed at $20.38 after rising as high as $25.96 earlier in the day.

England – Chinese head coach Guan Jianmin said in Manchester on Friday that Bianca Walkden’s controversial victory

over Olympic champion Zheng Shuyin at the World Taekwondo Championships is a big scandal in the sport’s history.

“I cannot believe this could happen during the world championships,” said Guan, also

President of the Chinese Taekwondo Federation. “This is the first time I have seen such kind of thing.”

Zheng, who had beaten Walkden three times in a row, took a dominant lead of 20-10 in the closing stages of the women’s over

73km category final, but the referee disqualified Zheng alleging she had committed 10 fouls during the bout.

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Both the digital industry and digitalization of other indu

 industries develop fast, and new sectors have been emerging, such as unmanned warehousing, facial recognition payments and new online-to-offline groceries.”

Meng also said that a new version of the nationally unified negative list for market access will be rolled out w

ithin the year. Illegal or implicit entry barriers and locally issued negative lists will be canceled, she said.

The Chinese authorities will also establish and refine mechanisms for adjusting the annually released

list when necessary, she said, adding that the list will better cope with the reforms to delegate power, streamline ad

ministration and optimize government services, and will better meet the needs of market entities for broader access.

Wang Yuanhong, deputy head of the Department of Economic Forecas

ting at the State Information Center, said the fast growth of high-tech industries and the

service sector reflects the ongoing upgrading of traditional industries and the optimization of C

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