Xi Jinping to Unveil Vision for Chinese Economy
The head of the People’s Republic of China, Xi Jinping, will present his vision of the concept within which the development of the economic system of the Asian country should be carried out.
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China’s Premier Positively Estimates Country’s Economy
Chinese Prime Minister Li Qiang estimates the current state of affairs in the space of the economic system of this Asian country in the context of a positive perception.
ASML CEO Says World Needs Legacy China’s Chips
Chip buyers, including the German auto industry, are nowadays demanding older-generation computer microcircuits, in which chip manufacturers in China are actively investing.
China’s Tech Boom Powers AI Career Coup
In China, the local artificial intelligence industry, which is currently on a trajectory of active growth, became the leader of the salary rating in the Asian country in the second quarter of 2024, shifting the financial sector from the position of leader.
People’s Bank of China Takes More Control Over Rates
The People’s Bank of China has tightened its control over interest rates, deciding to introduce a new mechanism to influence the cost of short-term borrowing.
China’s Demographic Situation Causes Economic Headwinds
China’s economic system, which is the second largest in the world, is currently in some sense struggling to recover amid a prolonged downturn in the local real estate sector and after a difficult period of the coronavirus pandemic, but this is not the whole list of problems on the path to the positive dynamic of […]
China Leads Generative AI Patents Race
China has significantly outperformed other countries in the area of inventions using artificial intelligence, including such as chatbots.
China Faces Risks Amid Bond Market Bubble
Currently, there is a tendency in China, in which money flows rush into government bonds, the consequences of which are circumstances such as a sharp increase in the price index of these emission securities and a simultaneous drop in their yields to a level corresponding to a record low.
China’s Factory Activity Rises
In China, last month, an increase in the factory activity of local companies belonging to the private sector was recorded.
China’s Central Bank to Borrow Treasury Bonds From Primary Market
On Monday, July 1, the People’s Bank of China announced its intention to borrow treasury bonds from some traders in the primary market shortly.
Innotron to Invest $2.4 Billion in New Chip Plant
The controlling company of the largest Chinese chip manufacturer ChangXin Memory Technologies (CXMT) Inc. invests at least 17.1 billion yuan ($2.4 billion) in an advanced packaging plant in Shanghai that can be used to make AI memory.
Baidu Launches Upgraded AI Model
Chinese Internet search giant Baidu on Friday, June 28, presented a new version of its Ernie 4.0 Turbo artificial intelligence model.
OpenAI Reportedly Plans to Block China Access to AI Tools
The media reported that OpenAI is taking additional measures to restrict China’s access to artificial intelligence software.
Huawei Makes Progress in Its Recovery
Huawei is currently going through one of the most iconic and remarkable periods not only in its history but also in the history of the high-tech industry.
China Considers Countermeasures After US Intention to Curb Outbound Tech Investment
The Chinese Ministry of Commerce made harsh statements to the United States after it became known that Washington plans to impose restrictions on investments in the high-tech sector intended for Beijing.
ByteDance & Broadcom Work on Advanced AI Chip
TikTok parent company, ByteDance, has partnered with American semiconductor and software provider Broadcom to develop a high-end AI chip, addressing the issues with U.S. export control.
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