20230911 China News
Source: | Author:eacham | Published time: 2023-09-11 | 868 Views | Share:


01

China will ratchet up resources to further expand the application of new generation display technologies in fields such as 5G communications, artificial intelligence, the internet of things, new energy vehicles and the metaverse, as part of a broader push to build a modern industrial system, the country's top industry regulator said on Thursday.

 

02

The number of wholly foreign-owned mutual funds in China has more than doubled to nine this year, suggesting the world's second-largest asset management market continues to be a preferred destination of global asset managers, industry experts said on Friday.

 

03

Chinese social media and video gaming giant Tencent Holdings launched the long-expected universal large language model on Thursday, upping the ante for the artificial intelligence race amid the popularity of ChatGPT. According to Dowson Tong, Tencent's senior executive vice-president, Tencent's LLM, dubbed as Hunyuan, and has a scale of more than 100 billion parameters and a training corpus of 2 trillion tokens.

 

04

China's consumer inflation returned to positive territory in August, while the factory-gate price decline moderated, adding to evidence for a sustained recovery in the world's second-largest economy, official data showed Saturday.

 

05

In the first eight months of this year, the cargo throughput of Beibu Gulf Port in South China's Guangxi Zhuang autonomous region exceeded 200 million tons, up 11.35 percent year-on-year, the port operator said. According to Beibu Gulf Port Group, more than 5 million twenty-foot equivalent units (TEUs) of containers were handled by the port from January to August, up 14.98 percent year-on-year.

 

06

China's consumer inflation recovered in August after dropping into negative territory in the previous month for the first time in more than two years, official data showed on Saturday. China's consumer price index, a main gauge of inflation, rose by 0.1 percent year-on-year in August, up from a 0.3 percent decline in July, according to data released by the National Bureau of Statistics.

 

07

To stimulate the vitality of private investment further, China's economic planner on Friday released news of 4,894 major projects to actively attract the participation of private c

apital. The projects involve a total investment of about 5.27 trillion yuan ($730.42 billion), according to the National Development and Reform Commission (NDRC).

 




Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham



Guangzhou Office:
Suite 1816-1819, Guangzhou International Sourcing Center, No. 8 Pazhou Avenue East ,Haizhu District, Guangzhou, Guangdong Province.
Tel：+86-20-89059525

E-mail：gz@eacham.org

Shanghai Office:

Global Chambers Zone 

No.624C of Office Building B, National Convention and Exhibition Center(Shanghai)

Tel：+86-13917039347

E-mail：shanghai@eacham.org

Contact us
Beijing Office:

Room 607, No,1 East International Building, No,1 Ciyunsi, Chaoyang District, Beijing.

Tel：+86-10-64952381

Fax：+86-10-64958922
E-mail：info@eacham.org