Archive for ‘Artificial intelligence’

14/03/2019

China to invest more in emerging industries

BEIJING, March 13 (Xinhua) — China’s emerging industries will become a major driving force for investment growth this year, the Economic Information Daily reported Wednesday.

China will increase policy support for and infrastructure investment in emerging industries in 2019, including commercial applications of 5G, artificial intelligence, industrial internet and internet of things, according to the National Development and Reform Commission (NDRC).

The country will cultivate emerging industrial clusters with market influence and distinctive advantages that can vigorously drive regional economic transformation, the newspaper quoted Ren Zhiwu, deputy secretary-general of the NDRC, as saying.

The Ministry of Industry and Information Technology also plans to promote the deep integration of the internet, big data and artificial intelligence with the real economy, and encourage innovation in new technologies and new forms of industry, the newspaper said.

Local governments will also step up support for strategic emerging industries in financial aid, technological innovation and the business environment. Efforts should be made to improve strategic emerging industries’ capabilities to innovate, said the newspaper.

Source: Xinhua

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15/02/2019

Beijing unveils plan to transform vacated “Steel City”

BEIJING, Feb. 14 (Xinhua) — The Beijing municipal government has published a plan to transform a vacated industrial site in its western suburb into a city landmark by 2035, as part of the preparation for the Beijing 2022 Winter Olympics.

The new area, on the basis of the Shougang Park, a former steel plant relocated to neighboring Hebei Province in 2010, covers an area of 22.3 square km, according to the plan released Wednesday by the city’s development and reform commission.

“Building on the existing facilities, we will create a distinct community composed of museums, industrial incubators and leisure facilities,” said Hong Jiyuan, deputy director of the commission.

Sports facilities including a ski site and a training center are under construction in the park for the Winter Olympics. The facilities will be used after the Games to host international events and exhibitions, according to the plan.

Beijing is also building more lakes, forest parks and waterscapes in the area to create an eco-friendly demonstration space.

Shougang Group will cooperate with enterprises both at home and abroad to rejuvenate the old industrial area, said Wang Shizhong, deputy general manager of the company, adding that Beijing’s first 5G network and an artificial intelligence industrial park will be established there.

Source: Xinhua

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