Asia News Network

AI gaining more ground in China

Data showed that the value of China's core AI industries exceeds 400 billion yuan, and the number of related enterprises stands at more than 3,000.

To access the grants and concessional loans, Indonesia has committed to capping emissions at 290 million tonnes by 2030.

As an early mover in electric vehicles, China now has the largest market accounting for around 57.4 per cent of global EV production in 2021.

The total investment to set up the new company is likely to be more than ¥7 billion (USD 49 million).

Analysts say the drop was a result of interest rate hikes and policy changes regarding taxation and insurance brokers.

Experts said stepped-up monetary support to boost investment is expected to buffer the downside risks of real estate weakness, among others.

There is still much room for foreign investors to increase their position in renminbi bonds as economic growth steadily recovers, sources state.

10 trillion won is set aside to manage liquidity at these South Korean groups’ affiliates, including brokerages, insurance, and card companies.

Despite being battered by rising borrowing costs intended to corral inflation, companies are expected to seek out more bank loans.

"Anonymity and transparency are not black and white”, he warned, highlighting privacy protection as a major issue for applications.