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April, despite the continuing downward trend of the automotive market, Securities Daily reported on Wednesday.
From January to April, the country’s NEVs market experienced strong gro
wth of sales and production, recording a year-on-year increase of 59.8 percent and 58.5 p
ercent, respectively, according to China Association of Automobile Manufacturers (CAAM).
China sold 97,000 NEVs last month, an increase of 18.1 percent year-on
-year, while the output reached 102,000, up 25 percent compared with a year earlier.
Pure electric vehicles saw a rise in both sales and output by 9.6 percent and 28.2 percent, respectively, to 71,000 units and 82,000 u
nits in April. Besides, about 26,000 plug-in hybrid vehicles were sold during the same period, surging by 50.9 p
ercent from a year earlier, and the output increased 13.6 percent to 20,000 units.
ions of a culture of sexism and bullying at Uber and US Department of Justice investigations. After a series of embarrassments, Kalanick was forced to res
ign in 2017 by a group of investors. Uber then hired Khosrowshahi to lead the company.
Uber has said it has the potential to grow not just in the cab hailing business, but also as a “sup
erapp” to provide logistic services, such as grocery and food delivery, organizing freight tra
nsportation, and even financial services, much like Grab, its Southeast Asian counterpart.
But market experts have struggled to find value in a company that has consistently posted los
ses, and warned that it may never be profitable. “The business is unprofitable, new entrants can enter the ma
rket, there is potential regulatory risk, and it is very price sensitive. What is there to like about this opportunity?” Ro
bert Johnson, professor of finance at Heider College of Business, Creighton University in Omaha, Nebraska said.
Huawei ranking first, according to a report by IPlytics, an authorized patent data company.
Chinese companies topped the list for most 5G Standards-Essential Patents applications in communicat
ion systems by the end of April, accounting for 34 percent of the world’s total, The Paper reported Wednesday, citing the report.
Chinese tech giant Huawei has taken a leading role by owning 15 percent of Stan
dards-Essential Patents, according to the report Who Is Leading the 5G Patent Race?
5G SEPs are patents any company will have to use when implementing standar
dized 5G technology and no one can avoid them, giving them key value among all patents.
Three industrial leaders from China were included in the top 10 list of 5
G SEP family owners, with Huawei taking the crown, and ZET Corp and China Academy of
Telecommunications Technology grabbing fifth and ninth places, respectively.
A total of 12 million yuan ($1.78 million) of cash will be granted to 12 international scientists for their
groundbreaking academic contributions to the fields of quantum computation and quantum com
munications, according to a press release by the newly founded Micius Quantum Foundation on Friday.
With a combined donation of 100 million yuan from Chinese entrepreneurs, the foundation based in Hefei, East China’s Anhu
i province, will give each of the six annual laureates one million yuan. The foundation, a non-profit organization, ai
ms to promote development of quantum information science and technology.
The Micius Quantum Prize’s 2018 and 2019 laureates were announ
ced at the same time, as selection of first-year nominees took longer than expected, said Luo
Yi, president of the foundation and a scientist from the University of Science and Technology of China, based in Hefei.
the organization’s reform be carried out? Two experts share their views on the issue with China Daily’s Liu Jianna. Excerpts fo
llow:China’s developing country status has not changedBai Ming, a senior research fellow at and deputy direc
tor of the Institute of International Market, Chinese Academy of International Trade and Economic Coope
rationDespite the large size of its economy and remarkable GDP growth, China remains the largest developing economy
. Even though there are no WTO definitions of “developed” and “developing” countries, compared with China, p
eople in developed countries enjoy higher living standards. Besides, China still has to lift millions of people out of pov
erty, especially in its central and western regions.Due to its huge population－the largest in the world－China’s per c
apita GDP is still very low in relation to that in developed countries. For instance, China’s per capita GDP of less th
an $10,000 in 2018 was meager compared with the US’ nearly $60,000, and low
er than the over $10,000 per capita GDP of some other developing countries such as Russia and Argentina.