ic demand, China faces a harsher situation on the export front.
The subindex for new export and import orders respectively stood at 47.1 an
d 48.7, both below the 50 mark, indicating easing growth of the world economy.
Despite the external challenge, Bank of China economists said in a report released on
Thursday that as the effect of the country’s supportive policies starts to surface, the world’s second-largest eco
nomy may stabilize, with its GDP growth picking up to 6.3 percent in the second quarter from 6.2 percent in the first.
The NBS also said on Sunday that China’s non-manufacturing PMI rose to 54.8 in March, up from 54.3 in February.
The subindex measuring business activity in the service industry stood at 53.6, up from 53.5 in February.
The composite PMI, which covers manufacturing and services activity, rose to 54 from February’s 52.4, according to the NBS.
that the ministry has reached a major consensus with the Ministry of Transport to make traditional roads and related infrastructure “digitalized” and “intelligent”.
Traffic lights, for instance, will benefit from 5G, with its large bandwidth and low l
atency, enabling them to send signals according to real-time road conditions, he said.
Currently in China, major equipment makers including Huawei Technologies Co Ltd are developing related standards, technologies and infrastructure.
“The 5G-related plans made by telecom experts might not meet the actual needs in real applications,” sai
d Yang Chaobin, president of 5G product line at Huawei. “Therefore, it’s important to involve all types of industries in 5G construction.”
took the examination, was quoted by China National Radio as saying that it had broade
ned his horizons and enabled him to gain a higher strategic perspective that can be used in planning future operations.
“It also reminded me of the necessity that as a commander, I not only need to take into consideration joint o
perations by various services in the PLA but also to think about joint campaigns with foreign militaries,” he said.
In June, the Ground Force organized a test for commanders of its 13 group armies – its la
rgest combat units. Since the start of this year, the Ground Force has conducted a wide range of exam
inations for almost all of its members to verify their professional knowledge and skills.
Geely and Daimler plan a 50-50 joint venture in China, which will develop and produce electric Smart br
anded vehicles and sell them globally starting from 2022, according to a deal the two signed earlier this week.
Representatives of the two carmakers said the Fi
nancial Times’ report of Daimler selling a 50 percent stake of Smart to Geely was not true.
Daimler, also owner of Mercedes-Benz, is currently prod
ucing the Smart branded vehicles in a plant in Hambach, France, but the plant will produc
e electric Mercedes-Benz models instead when the Chinese plant is finished. The location of the plant has not yet been disclosed.