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Chinese consumers want innovative intelligent voice assistants
The landscape of intelligent speakers is rapidly evolving, with China leading the charge in this technological revolution and Chinese consumers’ desire for innovative voice assistants. Through the integration of cutting-edge voice recognition and language comprehension technologies, these devices are transcending their origins as mere voice assistants. Voice-activated multitasking has ushered in a new era where…
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China-ASEAN trade volume soars 120% over a decade: A closer look
In a recent press conference held on Friday, Vice Minister of Commerce Li Fei disclosed a surge in trade volume between China and the Association of Southeast Asian Nations (ASEAN) over the past decade. The figures unveiled underscore the growing economic ties between these two prominent regions, indicating substantial progress in their trade relations. Exponential…
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AI chatbots available in China to Chinese public
China’s Interim Regulations for the Management of Generative AI Services, which came into effect earlier this month, have paved the way for the public release of a slew of domestic mass-market AI chatbots and other products. This development marks a significant milestone in the evolution of AI technology in China, offering developers the opportunity to…
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The Chinese government is once again stepping up its efforts to attract foreign investment
The Chinese government is once again stepping up its efforts to attract foreign investment. Will these efforts have the same impact as they did in 1992? On August 13, 2023, the State Council released the “Opinions on Further Enhancing the Foreign Investment Environment and Increasing Foreign Investment Attraction.” The goal is to fully capitalize on…
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Overview of the Green Belt and Road Initiative
In recent years, the global community has witnessed an unprecedented focus on sustainable development and environmental conservation. In the midst of this global paradigm shift, one ambitious initiative has emerged as a potential game-changer: the Green Belt and Road Initiative. Building upon the foundations of the original Belt and Road Initiative, this undertaking seeks to…
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What is the Belt and Road Initiative
China launched the Belt and Road Initiative (BRI) in 2013, which is an expansive infrastructure development endeavor. Its primary goal is to foster connectivity and collaboration among Asia, Europe, Latin America, and Africa by constructing roads, railways, ports, and other infrastructure projects. Encompassing 151 countries, this initiative has the potential to positively impact over 60%…
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China to implement pro-growth measures in Q3
China’s economic regulatory authorities are planning to introduce a series of pro-growth measures in the third quarter of this year aimed at promoting economic growth. These measures are intended to enhance domestic demand, encourage consumption, support private investment, and ensure stability in the property sector, according to experts. During a press conference in Beijing, Yuan…
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China eases entry and residence permit process for families of foreign executives
In an era where global economic integration is a key driver of growth and prosperity, countries around the world are vying to create business-friendly environments that attract foreign investment and global talent. China, as one of the world’s economic powerhouses, is no exception to this trend. Recent efforts by the Chinese government to improve the…
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China unveils policy measures to boost private sector and economic recovery
In a bid to revitalize its private sector and strengthen the country’s economic recovery, China has pledged a series of policy measures aimed at stimulating private investment and enhancing investor confidence. The National Development and Reform Commission (NDRC) released a comprehensive document outlining the steps to be taken to bolster the private sector’s vitality and…
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China’s economy shows resilient growth in H1 amidst global challenges
China’s economy demonstrated remarkable resilience in the first half of 2023, posting steady growth and a notable rebound, despite the complexities of the international environment. According to data released by the National Bureau of Statistics (NBS), China’s Gross Domestic Product (GDP) expanded by 5.5 percent year-on-year in H1 2023, reaching 59.3 trillion yuan ($8.3 trillion).…
