20190924 China News
Source: | Author:eacham | Published time: 2019-09-24 | 629 Views | 🔊 Click to read aloud ❚❚ | Share:

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China's law professionals should make better use of technologies, including artificial intelligence and big data, to modernize the justice system, according to industry insiders.

Chinese tech powerhouse Tencent Holdings Ltd is getting serious about carving out a stake in the rapidly expanding technology sector after seeing the huge potential of artificial intelligence.

China became the world leader on the industrial economy scale, with the digital economy scale reaching 31 trillion yuan ($4.36 trillion) in 2018, accounting for one-third of the country's GDP, Sina Finance reported on Monday.

China plans to make major breakthroughs in key fields of the comprehensive reform of State-owned assets and State-owned enterprises (SOEs) in pilot areas across the country by the end of 2020, said a senior official.

Advancing with a more localized development strategy, foreign firms are expanding investment in the Chinese market on a strong belief in the country's future.

The world's largest privately owned fragrance and taste company, Firmenich, has launched an fine fragrance workshop in downtown Shanghai by offering dedicated models that provide easy access to all fragrance capabilities under one roof.

Konka Group Co Ltd, a Chinese television manufacturer, is ramping up efforts to expand its presence in overseas markets, especially in Africa and the Middle East, in a bid to seek new growth points despite the slowdown in the domestic TV sector.

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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham


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