20210709 China News
Source: | Author:eacham | Published time: 2021-07-09 | 573 Views | Share:

01

China will reduce a total of 24 billion yuan ($3.7 billion) of payment fees every year to invigorate the economy through a slew of fee cuts measures unveiled recently, a central bank official said Thursday.


02

Chinese travelers' enthusiasm to venture out at night has been rising along with daytime temperatures, and COVID-19 being brought under better control in the country is also helping matters. Rising demand for after-dark activities is driving tourism and forcing service providers to upgrade their offerings.


03

Amid an unmitigated global chip shortage, Nexperia, a semiconductor firm owned by China's Wingtech Technology Co Ltd, confirmed on Monday its outright acquisition of the UK-based chipmaker Newport Wafer Fab, in which it has been the second-largest shareholder since 2019.


04

E-bikers not wearing helmets will be fined 30 yuan (US$4.60) if discovered by the police, Shanghai traffic police said today. Previously, helmet-less riders received warnings from police for a first time offense and fined for any subsequent violations.


05

A forum where renowned entrepreneurs, scientists and scholars shared their views about women's role in the development of AI was held yesterday at the World Artificial Intelligence Conference. Under the theme "Bolster Her Power in Digital Transformation," the AI Women Elites Forum focused on topics such as gender equity in the workplace and women's career transitions in the digital era.


06

Talks of smart city and digital city dominated the proceedings on the first day of the fourth World Artificial Intelligence Conference in Shanghai on Thursday. Li Qiang, Party secretary of Shanghai, said that "the development of AI should drive the digital transformation of the city."


07

China's top economic regulator on Wednesday unveiled a new development plan to spur the circular economy in the next five years. The plan's goal is to increase efficiency of utilization of resources and foster high-quality development during the 14th Five-Year Plan period (2021-25), the National Development and Reform Commission said.




Source:Globaltimes,Xinhuanet,Chinadaily,Shine,Gdtoday,China Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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