20230423 China News
Source: | Author:eacham | Published time: 2023-04-23 | 318 Views | Share:



01

InterSystems Corp, a US-based data technology company, will ramp up efforts to expand investments in China, accelerate the digital transformation of the healthcare industry and make forays into more fields like pharmaceutical, big data and fintech, said a senior executive of the company.

 

02

Huawei Technologies Co forecast that global artificial intelligence computing power will increase 500 times by 2030, and the company will keep investing in domains like connectivity, computing, storage and cloud to help accelerate digital transformation. The moves came as Huawei adjusts its strategies in a business-as-usual approach amid prolonged US government restrictions, and focuses on creating new growth opportunities for the next few years.

 

03

China has built over 2.64 million 5G base stations as of the end of the first quarter of 2023, the country's top industry regulator said on Thursday. Zhao Zhiguo, spokesman of the Ministry of Industry and Information Technology, said at a news conference China has also built 110 cities with gigabit networks, and total users of gigabit networks now exceeds 100 million.

 

04

China's non-financial outbound direct investment (ODI) rose 26.3 percent year-on-year to 215.97 billion yuan in the first quarter of the year, official data showed Thursday. In US dollar terms, the ODI stood at $31.54 billion in the period, up 17.2 percent from a year earlier, according to the Ministry of Commerce.

 

05

Chinese capital's GDP reached 994.77 billion yuan ($144.44 billion), with a year-on-year growth of 3.1 percent in the first quarter this year, which means 2.4 percentage points higher than the growth of the whole year of 2022, the statistics bureau of Beijing said on Thursday.

 

06

Microsoft Corp has localized its popular teamwork app Microsoft Teams in China to meet the surging demand for more engaging and efficient work apps. The software giant is also using artificial intelligence technologies to reshape productivity tools so as to accelerate the digital transformation of a wide range of industries in China.

 

07

China's steady recovery from COVID-19 and ongoing economic upgrades have provided clear growth opportunities for Sandpiper, boosting its confidence in expanding investment in the country, said the head of the Asia-Pacific-focused strategic communications and public affairs consultancy.



Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham





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