China - page 18

News

China’s Central Bank Calls On Financial Sector to Help Fund Technology Research

The Central Bank of China has appealed to the local financial sector to provide material support, in this case, it means providing money, in conducting research in the area of technology and implementing mergers and acquisitions.

News

Transactions With Digital Yuan Hit $250 Billion

In China, the total volume of transactions using digital yuan exceeded the $250 billion mark.

News

Top China Mutual Fund Bets on AI Stocks for Recovery

China’s most highly performing mutual fund, Soochow Mobile, is currently preparing for the recovery of onshore shares.

News

China Publishes Final Version of Rules for Use of Generative AI

The Chinese authorities have published a list of operating principles for generative artificial intelligence services.

Science & Technology

China’s Web Watchdog Wants to License Generative AI Use

The media reports that the Chinese authorities are planning to unveil strict control measures over the use of generative artificial intelligence in the near future.

News

Apple Launches Online Store on China’s WeChat App

Apple has launched an online store in the Chinese WeChat app.

News

US to Curb China Access to Cloud Services

The United States is currently preparing to impose restrictions on access to cloud computing services against Chinese companies.

Finance & Economics

Meta Reportedly Looks to Tencent to Relaunch Business in China

The media reported that Meta is currently trying to establish cooperation with the Chinese company Tencent in order to resume operations in that country.

Science & Technology

Netherlands to Restrict Chip Equipment Exports

The Netherlands reported on the decision to restrict the export of certain equipment that is necessary for the production of semiconductors, to China.

Science & Technology

New US Ban To Restrict Access of China’s AI Firms to Chips

The United States is currently exploring the prospects of introducing additional restrictive measures regarding the export of chips necessary for developments in the field of artificial intelligence to China.

News

Alipay and Mastercard Offer Cashless Payments to International Travelers to China

Alipay and Mastercard announced the beginning of cooperation to create a new payment method for foreign tourists visiting China.

News

Digital Yuan Now Available as a Payment Option in Qingdao Metro

China’s digital yuan central bank digital currency (CBDC) can be used for fare payments even if the passenger’s mobile phone has no signal or is out of battery

Science & Technology

Siemens to Invest €2 Billion to Boost High-Tech Plants

Siemens AG will direct investments in the amount of €2 billion to expand high-tech production.

Science & Technology

Altman Calls On China to Help Shape AI Safety Guidelines

Sam Altman, Chief Executive Officer of OpenAI, said that China should become one of the main participants in the discussion on the development of artificial intelligence and the strategy of applying advanced technologies in the space of human life.

Fintech & Ecommerce

Ant Group Achieves 2022 Carbon Neutrality, Doubles R&D Expenditure

With the help of green computing technologies, Chinese fintech giant Ant Group reduced carbon emissions by over 62,100 tonnes of carbon dioxide equivalents (CO2e) in 2022

News

Baidu Creates $140 Million Fund to Back ChatGPT-Like Startups

Baidu Inc. has created something like a fund to finance Chinese startups that specialize in research in the field of generative artificial intelligence.