peration in AI governance including laws and regulations, ethical norms and international rules,” Wang said. The State Council issued a plan in 2017 that set benchmarks for China’s AI sector, with the value of core AI indu stries predicted to exceed 1 trillion yuan ($145 billion) and make the country the global leader of AI innovation by 2030. In December, Tianjin unveiled a three-year plan to boost the innovative development of seven AI-related indust rial chains including independent and controllable information systems, smart security, big data, advanced co mmunications, intelligent connected vehicles, industrial robots and intelligent terminals. According to the plan, the government will buildRead More →

I hope all Asian countries will respect and trust each other, co-exist in harmony, expand cross-border, cross-time-and-space as well as cross-civ ilization exchanges, and jointly maintain the peaceful time that is more valuable than gold. Asian people expect Asia of common prosperity I hope all Asian countries will jointly promote economic globalization that is open, inclusiv e, balanced, and beneficial to all, and work together to eliminate poverty and backwardness in some countries. Asian people expect open, integrated Asia Civilizations will lose vitality if countries go back to isolation and cut themselves off from the rest of the world. Mutual respect, equal treatment among civilizationsRead More →

detour before reaching a deal sooner or later, then the economic impact for consumers in China and t he US, as well as other parts of the world, will be fairly costly, said Chen Wenling, chief econ omist at the China Center for International Economic Exchanges. Whether they buy finished products or goods made from r aw materials and components, the tariffs still exist, Chen said. The escalation will make goods produced by both countries less co mpetitive and cause large-scale job losses, said Chen. Wei Jianguo, former vice-minister of commerce, said economic conflict s and trade friction between China and the US that drawRead More →

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le growth of the economy, he said, adding that the positive factors for economic growth are increasing. Noting that the uncertainties in the global economic environment are also rising and there remai n downward pressures on the domestic economy, Li called for both attention and confidence from the entrepreneurs. Related departments should follow the guidance of Xi Jinping Though t on Socialism with Chinese Characteristics for a New Era, invigorate the market thro ugh deepening reform and opening-up and ensure the stable growth of the economy, Li said. He said that tax reduction is the key to improving the business environm ent and invigorating theRead More →

Chinese President Xi Jinping congratulated Thai King Maha Vajiralongkorn on being crowned officially on Saturday. On behalf of the Chinese government and people, and in his own name, Xi express ed in a message sincere congratulations and good wishes to the king and the Thai people. The king is an old friend of the Chinese people and has been attending to and supp orting the cause of friendship between the two countries for long, Xi said in the message. “I attach great importance to the development of China-Thailand rel ations and stand ready to make joint efforts with you to carry forward the traditional CRead More →

China has made various moves recently to expand the new round of reform and opening-up — such as the approval of the For eign Investment Law in March and further facilitating trade connectivity under the Belt and Road Initiative. It will con tinue opening its market in a proactive, steady and orderly manner, in accordance with its own development need s and its own pace and timetable, to benefit Chinese and global consumers across the world, said Tu Xinquan, a pr ofessor of international trade at the University of International Business and Economics in Beijing. James Collins, CEO of Corteva Agriscience, the agricultural division ofRead More →

iang Uygur autonomous region in April, he realized that education is still weak in the region and good teachers are in short supply. To help change the situation, he applied to volunteer as a teacher at a middle school in a Xinjiang town after graduation in July. “My biggest hope for the next year is that more students in my class will a chieve better results, enter high school and grow up as contributors to society,” Zhang said. Yi Zhihao, a doctoral student at the School of Biological Science and Medical Engineering of Beihang University in Beiji ng, is also a Beihang Lunar Palace 1Read More →

China’s new round of opening-up, Xi said, adding that Switzerland has also led European Union nations by signing a free-trade agreement with China. He called upon both sides to give play to the opening-up spirit, which features cooperation and win-win outcomes. He also pledged that China will continue to create an open and fair b usiness environment for foreign enterprises, including those from Switzerland. Maurer said both the Chinese and the Swiss are endowed with a hardworking, reliable and innovative character. He said Switzerland welcomes investment from Chinese businesses and will not im pose restrictions. Switzerland is ready to enhance exchanges with China in winterRead More →

 tertiary sector, which is mainly services, grew from 56.7 to 57.3 percent of GDP from the same period last year. The Index of Services Production increased 7.4 percent year-on-year, higher than the growth rate of overall GDP. Overall retail sales of consumer goods also grew at 8.3 percent. Sales of upgraded consumer goods witnessed fast gro wth, with the highest rates concentrated in upgraded products such as cosmetics, phones and computers. And, high-tech services grew at an astonishing rate of 21.2 percent. In prepa ring for consumer 5G telecoms next year, the output of mobile communications base stations grew 153.7 percent. The data also showRead More →