China News Service UUS CUTS CUTSS OFF ZT OFF ZTEE FR...
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深圳报业集团主管、主办 深圳报业集团主管、主办 • • 深圳日报社出版 深圳日报社出版 • • Wednesday April 18, 2018 • • Vol. 22 • • No. 4696 • • www.szdaily.com • • Price: 1 yuan Wed: 19-26℃ Fri: 22-26℃ Weather for other cies P8 TO PROVIDE NEWS TIPS, CALL OUR HOTLINE Editorial Tel: (86-755) 8351-9441 Email: [email protected] Subscripons & deliveries Tel: (86-755) 8351-9022 (English) (86-755) 969766 (Chinese) Adversing Tel: (86-755) 8351-9519 Fax: (86-755) 8392-1577 Address 2 Shangbao Road Shenzhen 518034, China P3 Shenzhen Design Week to kick off Friday From Friday to April 30, this year’s design week will host a series of spectacular exhibitions and forums Tough measures taken on dump trucks Electronic scales will be installed at all construction sites and connected to the monitoring network of Shenzhen’s construction bureau to prevent dump trucks from overloading - - - - - - - - - - - - - - - - - - - - - - - - - - - - Hainan curbs housing speculation China’s island province Hainan on Monday announced measures to rein in specualtion in the soaring residential property market, following a new policy which designates the province as the country’s new frontier for reform and opening up - - - - - - - - - - - - - - - - - - - - - - - - - - - - Trump contradicts Treasury on RMB U.S. President Donald Trump’s Monday tweet accusing China of “playing the currency devaluation game” contradicts the recent conclusion of the U.S. Treasury Department - - - - - - - - - - - - - - - - - - - - - - - - - - - - Economic growth beats expectations The country’s economy grew 6.8 percent in the first quarter of 2018, slightly faster than expected, buoyed by strong consumer demand and surprisingly robust property investment - - - - - - - - - - - - - - - - - - - - - - - - - - - - Wade passes Bird on playoff scoring list With his 21-point first half in Game 2 against Philadelphia, Miami guard Dwyane Wade passed Larry Bird and moved into 10th place on the NBA’s all-time playoff scoring list - - - - - - - - - - - - - - - - - - - - - - - - - - - Teen awarded full-ride scholarships to 20 top colleges A 17-year-old senior in Houston has the enviable challenge of deciding which college to attend this fall. He was accepted by 20 top schools, all that he applied to, and all on full-ride scholarships 02 04 WWW.EYESHENZHEN.COM 05 The 30-year-old Californian rapper becomes the fi rst nonclassical or jazz artist to collect the award Kendrick Lamar wins Pulitzer Prize for music 01 YES TEENS 06 07 P5 YES TEENS HONG KONG-ZHUHAI-MACAO BRIDGE READY TO GO A bird’s-eye view of the eastern artificial island and Hong Kong section of the Hong Kong-Zhuhai-Macao Bridge in this photo released yesterday. The plan for the official opening date of the bridge has been submitted to the Central Government for approval, according to Hong Kong authorities recently. The project is a bridge-tunnel system, which consists of a series of three cable-stayed bridges and one undersea tunnel, as well as three artificial islands, spanning the Lingdingyang channel, that connects Hong Kong with Macao and Zhuhai. The 55-kilometer link is among the longest fixed-links in the world. China News Service US CUTS OFF ZTE FROM US CUTS OFF ZTE FROM AMERICAN TECH FOR 7 YEARS AMERICAN TECH FOR 7 YEARS U.S. Department of Commerce on Monday suspended an export control settlement deal with Chi- nese telecom equipment maker ZTE Corporation. “U.S. Department of Com- merce’s Bureau of Industry and Security (BIS) has imposed a denial of export privileges against Zhongxing Telecommunications Equipment Corporation (ZTE Corp.), of Shenzhen, China,” it said in a statement. In response to the decision, China’s Ministry of Commerce (MOC) urged the United States to create fair, just, and stable legal and policy environment for Chinese firms. ZTE said in a statement that it is aware of the export-denial- order activated by the U.S. Department of Commerce. “At present, the company is assessing the full range of poten- tial implications that this event has on the company and is com- municating with relevant parties proactively in order to respond accordingly,” ZTE said. In March last year, the com- pany reached settlements with U.S. authorities over U.S. export controls and sanctions charges. ZTE agreed to pay a criminal and civil penalty of US$892 mil- lion and an additional penalty of US$300 million, which will be suspended during a seven-year probationary period to deter future violations. At that time, the U.S. Depart- ment of Commerce recom- mended ZTE be removed from the Entity List under the Export Administration Regulations. But it will be subject to ZTE’s com- pliance with the settlements during the seven-year proba- tion period. In Monday’s statement, the U.S. Department of Commerce claimed that ZTE made false statements regarding super- vision of its staff and senior management, so it decided to suspend the export privileges of ZTE for a period of seven years until March 13, 2025. This deci- sion suggests that ZTE could be unable to import high-tech com- ponents from the United States in these years. Based in Shenzhen, ZTE is a leading global provider of tele- com equipment and networking solutions, and one of the world’s fastest growing smartphone manufacturers. ZTE has 14 offices and six research centers in the United States and supports nearly 130,000 high-tech jobs in the country. Also yesterday, the MOC announced that it will impose provisional anti-dumping mea- sures on grain sorghum imported from the United States, saying U.S. companies had dumped grain sorghum on the Chinese market, and such imports had caused substantial damage to the domestic industry. Starting today, importers of the product will be required to pay deposits to Chinese customs calculated based on a rate of 178.6 percent. Data from the MOC showed U.S. sorghum exports to China surged from 317,000 tons in 2013 to 4.76 million tons in 2017, while export prices slumped 31 percent during the period. (Xinhua)
Transcript of China News Service UUS CUTS CUTSS OFF ZT OFF ZTEE FR...
深圳报业集团主管、主办 深圳报业集团主管、主办 • • 深圳日报社出版 深圳日报社出版 • • Wednesday April 18, 2018 • • Vol. 22 • • No. 4696 • • www.szdaily.com • • Price: 1 yuan
Wed: 19-26℃ Fri: 22-26℃ Weather for other ci! es P8
TO PROVIDE NEWS TIPS, CALL OUR HOTLINE
Editorial Tel: (86-755) 8351-9441 Email: [email protected] Subscrip! ons & deliveries Tel: (86-755) 8351-9022 (English) (86-755) 969766 (Chinese) Adver! sing Tel: (86-755) 8351-9519 Fax: (86-755) 8392-1577 Address 2 Shangbao Road Shenzhen 518034, China
P3 Shenzhen Design Week to kick off FridayFrom Friday to April 30, this year’s design week will host a series of spectacular exhibitions and forums
Tough measurestaken on dump trucks
Electronic scales will be installed at all construction sites and connected to the monitoring network of Shenzhen’s construction bureau to prevent dump trucks from overloading
- - - - - - - - - - - - - - - - - - - - - - - - - - - - Hainan curbs housing speculation
China’s island province Hainan on Monday announced measures to rein in specualtion in the soaring residential property market, following a new policy which designates the province as the country’s new frontier for reform and opening up
- - - - - - - - - - - - - - - - - - - - - - - - - - - - Trump contradicts Treasury on RMB
U.S. President Donald Trump’s Monday tweet accusing China of “playing the currency devaluation game” contradicts the recent conclusion of the U.S. Treasury Department
- - - - - - - - - - - - - - - - - - - - - - - - - - - - Economic growth beats expectations
The country’s economy grew 6.8 percent in the fi rst quarter of 2018, slightly faster than expected, buoyed by strong consumer demand and surprisingly robust property investment
- - - - - - - - - - - - - - - - - - - - - - - - - - - - Wade passes Bird on playoff scoring list
With his 21-point fi rst half in Game 2 against Philadelphia, Miami guard Dwyane Wade passed Larry Bird and moved into 10th place on the NBA’s all-time playoff scoring list
- - - - - - - - - - - - - - - - - - - - - - - - - - - Teen awarded full-ride scholarshipsto 20 top colleges
A 17-year-old senior in Houston has the enviable challenge of deciding which college to attend this fall. He was accepted by 20 top schools, all that he applied to, and all on full-ride scholarships
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WWW.EYESHENZHEN.COM
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The 30-year-old Californian rapper becomes the fi rst nonclassical or jazz artist to collect the award
Kendrick Lamar wins Pulitzer Prize for music
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YESTEENS
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P5YES TEENS
£ HONG KONG-ZHUHAI-MACAO BRIDGE READY TO GO
A bird’s-eye view of the eastern artifi cial island and Hong Kong section of the Hong Kong-Zhuhai-Macao Bridge in this photo released yesterday. The plan for the offi cial opening date of the bridge has been submitted to the Central Government for approval, according to Hong Kong authorities recently. The project is a bridge-tunnel system, which consists of a series of three cable-stayed bridges and one undersea tunnel, as well as three artifi cial islands, spanning the Lingdingyang channel, that connects Hong Kong with Macao and Zhuhai. The 55-kilometer link is among the longest fi xed-links in the world. China News Service
US CUTS OFF ZTE FROM US CUTS OFF ZTE FROM AMERICAN TECH FOR 7 YEARSAMERICAN TECH FOR 7 YEARS
U.S. Department of Commerce on Monday suspended an export control settlement deal with Chi-nese telecom equipment maker ZTE Corporation.
“U.S. Department of Com-merce’s Bureau of Industry and Security (BIS) has imposed a denial of export privileges against Zhongxing Telecommunications Equipment Corporation (ZTE Corp.), of Shenzhen, China,” it said in a statement.
In response to the decision, China’s Ministry of Commerce (MOC) urged the United States to create fair, just, and stable legal and policy environment for Chinese fi rms.
ZTE said in a statement that it is aware of the export-denial-order activated by the U.S. Department of Commerce.
“At present, the company is
assessing the full range of poten-tial implications that this event has on the company and is com-municating with relevant parties proactively in order to respond accordingly,” ZTE said.
In March last year, the com-pany reached settlements with U.S. authorities over U.S. export controls and sanctions charges.
ZTE agreed to pay a criminal and civil penalty of US$892 mil-lion and an additional penalty of US$300 million, which will be suspended during a seven-year probationary period to deter future violations.
At that time, the U.S. Depart-ment of Commerce recom-mended ZTE be removed from the Entity List under the Export Administration Regulations. But it will be subject to ZTE’s com-pliance with the settlements
during the seven-year proba-tion period.
In Monday’s statement, the U.S. Department of Commerce claimed that ZTE made false statements regarding super-vision of its staff and senior management, so it decided to suspend the export privileges of ZTE for a period of seven years until March 13, 2025. This deci-sion suggests that ZTE could be unable to import high-tech com-ponents from the United States in these years.
Based in Shenzhen, ZTE is a leading global provider of tele-com equipment and networking solutions, and one of the world’s fastest growing smartphone manufacturers.
ZTE has 14 offi ces and six research centers in the United States and supports nearly
130,000 high-tech jobs in the country.
Also yesterday, the MOC announced that it will impose provisional anti-dumping mea-sures on grain sorghum imported from the United States, saying U.S. companies had dumped grain sorghum on the Chinese market, and such imports had caused substantial damage to the domestic industry.
Starting today, importers of the product will be required to pay deposits to Chinese customs calculated based on a rate of 178.6 percent.
Data from the MOC showed U.S. sorghum exports to China surged from 317,000 tons in 2013 to 4.76 million tons in 2017, while export prices slumped 31 percent during the period. (Xinhua)
