Month: October 2023

Hong Kong’s advantages in producer services can be a major driving force for the future growth of southern China’s Greater Bay Area, a former high-ranking official known for his economic insights has suggested. While mainland China lags far behind Western countries in this regard, Hong Kong provides mature services to final producers of goods and could be an effective supplement for the manufacturing hub of Guangdong province, former mayor of Chongqing municipality Huang Qifan said at a forum in Guangzhou on Sunday. Producer services, which in contrast to consumer services…

Taiwan’s economy grew 2.32 per cent in the third quarter, falling short of a government forecast and reflecting only mild interest in the island’s signature hi-tech gear even as artificial intelligence (AI) gains traction worldwide. The quarter of growth brought Taiwan’s gross domestic product (GDP) to US$191.6 billion and kept the economy out of a slump for a second quarter in a row, but missed the official target of 2.54 per cent. Globally, the AI market is expected to grow 17.3 per cent from this year through 2030 riding a…

“At a time when China’s overall research level was lagging behind, Yang and his collaborators did first-rate work, which won international recognition and greatly inspired the self-confidence of Chinese people,” academy director Xi Nanhua wrote on a dedicated memorial webpage. “He quickly rose to [become] an academic leader and public figure after China’s reform and opening up. His widespread influence in academia and society greatly benefited the development of mathematics in China,” Xi said. China must let scientists think big and long term, top mathematician says Former Harvard maths professor…

China hopes Europe will adopt a more “pragmatic” and “rational” approach in its cooperation with Beijing, Chinese Foreign Minister Wang Yi said in a meeting with senior French diplomatic adviser Emmanuel Bonne. “[Europe should] avoid external interference, ensure mutual openness and promote the stable development of relations between China and Europe,” Wang told Bonne, diplomatic counsellor to French President Emmanuel Macron, in Beijing on Monday. Wang added that China and the EU were partners, not rivals, and that the common interests of the two sides far outweighed their differences, according…

China’s top spy agency said it cleaned up hundreds of “illegal foreign-related” weather stations that sent real-time data outside China, further stepping up efforts to stop critical data leaving the country amid increasingly tense geopolitical competition. China’s Ministry of State Security investigated over 3,000 overseas-related meteorological stations across more than 20 provinces, saying they posed risks and threats to national security, according to a post published on its official WeChat account on Tuesday. It said more than 10 meteorological agents with overseas links had also been investigated in this year’s…