admin July 24, 2017 0 comments

When man’s word is machine’s command

Shortly after reaching home from a long day’s work, Ma Bin, 30, a software engineer in Beijing, walks into his flat’s living room and, in Alibaba’s “Open Sesame” style in One Thousand and One Nights, says to a remote controller on the sofa, “Let’s Talk”. Presto, his internet-connected TV “hears”
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admin July 24, 2017 0 comments

AI development plan shows China’s vision

BEIJING — China’s plan for artificial intelligence (AI) development, issued by the State Council Thursday, is a major step for carrying out the innovation-driven development strategy and making the country a global leader in science and technology, said Wang Zhigang, vice minister of science and technology. Since the concept of
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admin July 24, 2017 0 comments

First China-US Comprehensive Economic Dialogue sees some positive outcomes

WASHINGTON — The first China-US Comprehensive Economic Dialogue (CED) saw the world’s two largest economies resolve a number of issues in their trade relationship while agreeing to work together to solve outstanding problems. China and the United States discussed a one-year action plan for economic cooperation during the dialogue, which
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Delia Song April 16, 2017 0 comments

China Focus: Dropping currency spat produces mutual gains for China, U.S.

  Source: Xinhua Despite speculation to the contrary, the U.S. government has decided not to brand China a currency manipulator. After seeking truth from facts, the United States has chosen a direction that will benefit the two economies and the world at large. In a semiannual report to the U.S. Congress
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Delia Song March 10, 2017 0 comments

China to take steady steps in opening bond market: central bank

Source: Xinhua China will further open its bond market to foreign investors in a step-by-step manner along with the internationalization of RMB, central bank officials said here Friday. China’s bond market has always been open to foreign investors, and the progress made in the internalization of RMB last year has
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Delia Song March 10, 2017 0 comments

Policy guidance for outbound investment necessary: central bank governor

Source: Xinhua China’s central bank governor Zhou Xiaochuan on Friday defended the country’s policy guidance for overseas investment, saying the move is necessary to rein in the irrational tendency in some sectors. At a press conference on the sidelines of the annual parliamentary session, Zhou said the country is seeing
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Delia Song March 10, 2017 0 comments

Chinese SMEs show up at Mobile World Congress thanks to digitalization

Source: Xinhua Chinese small- and medium-sized enterprises (SMEs) have managed to show up at the Mobile World Congress (MWC) fair by using digital technologies. Unlike the big companies that have large booths at the MWC — the most important event of the mobile phone industry being held here, smaller companies
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Delia Song March 9, 2017 0 comments

Kingdom of Bicycles’ embraces car sharing

from ChinaDaily Internet-enabled e-cars are ready for Chinese users in minutes and cost far less than conventional rental services When car sharing started in Canada and then spread to the United States in the mid-1990s, people had no idea the business model would be flourishing 20 years later on the
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Delia Song March 9, 2017 0 comments

Report says rapid growth will see 170,000 vehicles in service by 2020

from ChinaDaily Car-sharing services will see fast growth in China in coming years, and the fleets of such service providers are expected to reach a collective 170,000 cars by 2020, according to a report by Strategy&, a subsidiary of PricewaterhouseCoopers. The figure represents more than 50 percent annual growth from
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Delia Song March 9, 2017 0 comments

Growing electronics segment eyes high-end products

Total output by China’s electronic information sector-producing products ranging from smartphones, laptops to routers and LCD panels-increased by 10 percent year-on-year in 2016. That was about 4 percentage points higher than the rate of overall industrial output, the China Information Technology Industry Federation said in a statement. The performance compared
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Delia Song March 9, 2017 0 comments

Xiaomi in no rush for international expansion

from Xinhua BEIJING – Chinese smartphone company Xiaomi is in no rush to expand internationally and will expand into the overseas markets gradually, the company’s CEO said Monday. “It takes time and resources to learn about and enter a new market due to different cultural, legal and business environments, and
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Delia Song March 9, 2017 0 comments

Executive calls for national lab devoted to speech-based AI

from ChinaDaily A national laboratory focused on artificial intelligence should be established to support AI technology and innovation, said Liu Qingfeng, chairman of iFlytek Co Ltd, a leading firm engaged in intelligent voice and speech technologies. Liu, a deputy to the National People’s Congress, called on the government to set
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