2024 Digital and Low-altitude Conference held in Shenzhen

08-12, 2024

On August 02, 2024 Digital and Low-altitude Conference was held at Kylin Viua Hotel in Shenzhen. With the theme being “laying digital foundations for the development of low-altitude economy”, the conference was hosted by Peng Cheng Laboratory and FuTURE Mobile Communication Forum.The specialists and enterprise representatives in the field of civil aviation, wire-less electricity, information communication technology and low-altitude application, attended the conference and had a discussion on how to apply digital technology to low-altitude economy.Gaowen -- director of Peng Cheng Laboratory and academician of Chinese Academy of Engineering addressed the conference. Li Jian -- former deputy director of Civil Aviation Administration of China, You Xiaohu -- vice director of Peng Cheng Laboratory, director of Purple Mountain Laboratories, vice chairman and secretary-general of FuTURE Mobile Communication Forum and academician of Chinese Academy of Sciences, Shen Xiangyang -- founding chairman of International Digital Economy Academy and foreign academician of National Academy of Engineering of the US, as well as many other specialists gave their reports at the conference.Gao Wen expressed, to promote the high-quality development of low-altitude economy, it’s necessary to lay three foundations -- “political foundation” “digital and technological foundation” and “service foundation”. Low-altitude economy necessitates sensing technology to sense and supervise drones and other flying vehicles in certain airspace. It’s the bottleneck technology for the development of low-altitude economy.Currently, the application of some 6G technologies could benefit low-altitude economy. You Xiaohu, at the conference, gave a report named 6G and Low-altitude Internet. He stressed that low-altitude economy provided classical scenarios for the test of 6G comprehensive technologies. Cell-free millimeter-wave integrated sensing and communication technology could lead to the improvement in the communication and sensing capacity of 5G tehcnologies, so it is worth exploring in the construction of low-altitude ICT infrastructure.China has achieved a great deal in building low-altitude sensing and communication network. At the conference, it was introduced that Peng Cheng Laboratory had set up a special platform for testing key low-altitude technologies. The platform could help to establish a reliable, safe and three-dimensional low-altitude network and better supervise and manage the flying vehicles in low-altitude environment.Moreover, FuTURE Mobile Communication Forum advocates fostering the development of low-altitude economy by means of China’s advanced ICT chains and suggested making low-altitude scenarios the classical 6G application scenarios to make contributions to the setting of 6G standards. The Digital Low Altitude Working Group, founded by FuTURE Mobile Communication Forum, would come into being officially at the conference. The working group would be dedicated to building basic low-altitude intelligent information technological structure, setting the norms and standards, having systematic testing and appraisal, and forming identification mechanism, so as to push the establishment of low-altitude industrial ecology.Reference: ChinanewsNotice: here, we respect your intellectual property right and your other lawful rights. As any content here violates your lawful right, please contact us, and we will delete it.

Longgang District Construction Industry Association of Shenzhen founded (07.23)

07-29, 2024

On the afternoon of July 23, Longgang District Construction Industry Association of Shenzhen was founded, and the first general meeting took place. Over 60 representatives of Longgang District Housing and Development Bureau and the related units were present at the meeting.It’s introduced that under the guidance of the authorities like People’s Government of Longgang District, Longgang District Housing and Development Bureau, Longgang District Civil Affairs Bureau, Shenzhen Construction Group took the lead and founded the Association together with 11 units including China Construction Eighth Engineering Division -- Shenzhen Scientific Innovation and Development Co., Ltd, and Shenzhen Construction Engineering -- South China Construction Co., Ltd. The Association aims at gathering the industry powers, regulating the market order, pushing industrial innovation and scientific development, strengthening talents’ cultivation and communication and improving the industry’s independent innovation capacity. It would try to attract more industry-leading and excellent enterprises to join it.The founding of the Association marks a solid step that Longgang District takes in the construction industry’s development and collaboration. It is like an efficient bridge between the governmental departments and the enterprises, for boosting the industrial communication.The first general meeting of Longgang District Construction Industry Association of Shenzhen, introduced the details about the founding of the Association, approved “Rules of Longgang District Construction Industry Association of Shenzhen” “Electoral Articles (Draft) for the First General Meeting of Longgang District Construction Industry Association of Shenzhen” , and publicized other relative documents. During the general meeting, the first batch of director, supervisor, vice-president, chief supervisor and president units were elected through vote. And, the representative of the first president unit of the Association’s board of directors, the representative of the first chief-supervisor unit of the Association’s first board of supervisors, and the relative chief of Longgang District Housing and Development Bureau, gave their speeches at the session.Currently, Longgang District Construction Industry Association of Shenzhen now has 61 member units, including 17 director units and 3 supervisor units.Reference: SZNEWSNotice: here, we respect your intellectual property right and your other lawful rights. As any content here violates your lawful right, please contact us, and we will delete it.

China’s CPI saw a year-on-year increase of 0.2% in June

07-12, 2024

According to the data released by China National Bureau of Statistics on July 10, China’s Consumer Price Index (CPI) in June increased by 0.2% as compared with last June, and decreased by 0.2% as compared with May. The Producer Price Index (PPI) in June continued to drop but at a slower speed on the year-on-year basis, while decreased month on month. Averagely, from January to June, China’s CPI saw an increase of 0.1% and PPI saw a decrease of 2.1%, as compared with those of last year.Reference: Securities DailyNotice: here, we respect your intellectual property right and your other lawful rights. As any content here violates your lawful rights, please contact us, and we will delete it.

Over 80 billion delivery parcels handled in China during the first half of 2024

07-01, 2024

According to State Post Bureau of the People’s Republic of China, China’s express delivery sector handled over 80 billion delivery parcels during the first half of 2024, by June 30, being 59 days earlier than 2023.Averagely, the express companies around China collected over 13 billion delivery parcels each month during the first half of the year. Especially in June, about 0.5 billion of parcels were handled each day.China’s express delivery sector soared, playing a positive role in boosting consumption, facilitating production, improving people’s living standards etc.Expressed by State Post Bureau, together with the large-scale upgrading of equipment and consumer goods, China’s express companies seized the chance for a new development, abandoning the old-fashion sorting and security-check equipment rapidly, applying more new-energy automobiles, and pushing digital and low-carbon upgrading of device. Meanwhile, the express companies also employed new development modes, to cut logistics cost and to further improve the contribution of the industry.Reference: XinhuaNotice: here, we respect your intellectual property right and your other lawful rights. As any content here violates your lawful right, please contact us, and we will delete related content.

China’s CPI saw a year-on-year increase of 0.3% in May

06-14, 2024

According to the data released by China National Bureau of Statistics on Jun. 12, China’s Consumer Price Index (CPI) kept a year-on-year growth speed equaling to that of last month -- 0.3%, but declined by 0.1% as compared with last month.The statistics showed that the price of foods was in a year-on-year decline of 2.0% in May, down 0.7% than that of last month. But, the prices of pork, freshwater fish and vegetables, saw a larger growth, respectively of 4.6%, 3.3% and 2.3%. Meanwhile, the prices of egg, fruit and edible oil declined respectively by 8.5%, 6.7% and 5.1%, at a slower speed, and the prices of beef, mutton and poultry declined respectively by 12.9%, 7.5% and 2.9%, at a sharper speed.In May, the prices of non-food products increased by 0.8% year on year, with the growth rate lower 0.1% than that of last month. The price of energy grew by 3.4%. The price of industrial consumer price (excluding energy product) saw the growth of 0.1%. Specifically, the prices of new-energy automobile and fuel-powered automobile declined respectively by 6.9% and 5.2%, while the price of services rose at a speed of 0.8%, among which that of household service and that of education service both rose by 1.8%.In May, China’s Industrial Producer Price Index (PPI) was in a year-on-year decline of 1.4%, with the rate being 1.1% less than that of last month. And, the Index in May itself increased by 0.2% as compared with April.Reference: xinhuanetNotice: here, we respect your intellectual property right and your other lawful rights. As any content here violates your lawful right, please contact us, and we will delete related content.

China sees 45 pct surge in border crossings during Dragon Boat Festival holiday

06-12, 2024

BEIJING, June 11 (Xinhua) -- China saw a significant increase in travel activity during the three-day Dragon Boat Festival holiday. A total of 5.75 million entry and exit trips were recorded, representing a 45 percent year-on-year increase, according to data released by the National Immigration Administration on Tuesday.Of these trips, nearly 2.47 million were made by Chinese mainland residents, 2.78 million by residents of Hong Kong, Macao and Taiwan, and 507,000 by foreign nationals.The Dragon Boat Festival, a prominent traditional holiday in China, takes place on the fifth day of the fifth month of the lunar calendar. This year, it was celebrated on June 10. With the holiday following a weekend, people were able to enjoy a three-day break spanning from June 8 to 10.Notice: the passage is transformed from Xinhua just for information sharing.As any content here violates your intellectual property right and other lawful rights, please contact us, and we will delete related content.

Experts laud plan for carbon reduction

05-31, 2024

The carbon reduction action plan released by the State Council on Wednesday signals a clear energy-saving roadmap and timeline, experts said on Thursday.They highlighted that the relaxation of the requirement on the utilization rate of new energy may create about 74 gigawatts of new installations, bringing multiple benefits to key sectors.The National Development and Reform Commission, China's top economic regulator, said that despite the significant progress made in advancing energy-saving technologies and carbon reduction, China's green transition is behind schedule for 2021-25, due to factors like the COVID-19 pandemic, making the task of meeting the binding targets essential this year and the next.The plan outlines that by the end of this year, energy consumption and carbon dioxide emissions per unit of GDP should decrease by around 2.5 percent and 3.9 percent, respectively.Non-fossil energy is expected to weigh around 18.9 percent in total energy consumption by the end of this year, with key industries expected to achieve energy savings equivalent to about 50 million metric tons of standard coal and reduce carbon dioxide emissions by about 130 million tons.By 2025, the proportion of non-fossil energy consumption should increase to about 20 percent of the total mix, the plan said."The plan demonstrates China's strong commitment to a green transition despite challenges," said Jin Li, vice-president of the Southern University of Science and Technology. "It highlights several key issues to be addressed, including optimizing the energy structure, upgrading industries and transforming energy consumption patterns. It calls for dealing with problems like reliance on fossil fuels, low energy efficiency and outdated production methods and technologies in some industries."To tackle these problems, the plan proposes specific solutions, including reducing fossil fuel consumption, increasing non-fossil energy use and implementing energy-saving and carbon-reduction actions in energy-intensive industries like steel, petrochemicals, construction and transportation. It also calls for refining policies and increasing financial support to facilitate China's green transition."This action plan signals further development opportunities for sectors like decarbonization of fossil fuels, new energy, energy storage, environmental protection, green buildings and electric vehicles," Jin said.Lin Boqiang, head of the China Institute for Studies in Energy Policy at Xiamen University, echoed this sentiment. "The increasing share of new-energy installations already had a substantial impact on the grid due to its volatility and instability. Recent favorable policies are actively promoting the consumption of new-energy electricity, which will drive the development of multiple segments like energy storage and green power trading."China Galaxy Securities analysts said that the action plan's stipulation that the utilization rate of new energy should be lowered from 95 percent to 90 percent in resource-rich areas, could create about 74 GW of new-energy installation space. They predicted that this demand could potentially increase China's photovoltaic installation scale in 2024-25.The plan offers guidelines on healthier industry development by raising the entry requirement of new nonferrous metal projects. The analysts said low-quality silicon production capacities may be gradually eliminated, benefiting companies with cost and technology advantages in silicon materials and batteries.Zhou Mi, a senior researcher at the Chinese Academy of International Trade and Economic Cooperation, said emission reductions need a stable mechanism that allows various industries to improve energy efficiency and also gain benefits from the process.Beyond the new-energy sector, the application of low-carbon technologies in high-energy-consuming sectors like green buildings will also see broad development opportunities.Charlie Zheng, chief economist at Samoyed Cloud Technology Group, said, "Under higher energy-efficiency and environmental standards, small-scale steel, cement and nonferrous projects may be gradually phased out, thus driving the upgrade of industry equipment manufacturing."Notice: the passage is transferred from China Daily just for information sharing.As any content here violates your intellectual property right and other lawful rights, please contact us, and we will delete related content.

China's top market regulator releases 40 measures to improve business environment

05-29, 2024

China's State Administration for Market Regulation (SAMR) on Wednesday unveiled 40 measures to optimize business environment, promote internationalization of China's vast market, in order to attract more foreign investment.The SAMR officially released the draft Key Measures for Market Regulation Departments to Optimize the Business Environment 2024 Edition, which contains 10 sections and 40 specific measures for public comment.The move is aimed at implementing the latest Chinese government directives on improving the business environment to reach international standards, the regulator said.SAMR pledged to continue enhancing the registration management of foreign-invested enterprises by refining the registration system and streamlining notarization and certification procedures.It vowed to enforce the Special Administrative Measures for Foreign Investment Access (Negative List) and introduce new guidelines to help foreign-invested enterprises adjust their organizational structure, and enhancing the foreign-invested enterprise data management platform for better data analysis.SAMR said China will unwaveringly promote high-level opening-up, proactively respond to the requirements made by foreign businesses, and create a more attractive investment environment.The move came as China has prioritized optimizing the business environment. Previously, many localities in China have actively responded by improving the cross-border business environment, and collaboratively promoting high-quality opening-up of China's market.Central China's Henan province launched a pilot reform for electronic guarantees of cross-border e-commerce import taxes in April, significantly boosting customs clearance efficiency. Cross-border enterprises can now apply online for electronic guarantees, speeding up the process and expanding their development space within the province, Chinese media has reported.Also in South China's Hainan province, the local government introduced an action plan to enhance the international business environment on May 23, aimed at simplifying registration for foreign investors, increasing financial and tax support, and implementing tax deferrals on reinvested profits. It also announces to build a robust digital trade environment and align key sectors like finance, transportation, health, and medical care with international standards.Additionally, SAMR plans to deepen international cooperation, focusing on anti-monopoly issues and aligning with high-standard international trade rules to promote fair market competition. The regulation emphasizes the importance of standards in expanding high-quality opening-up, supporting foreign enterprises in participating in standards setting, and promoting Chinese standards globally.Notice: the passage is transformed from Global Times just for information sharing.As any content here violates your intellectual property right and other lawful rights, please contact us, and we will delete related content.

China Focus: China's tourism consumption features technology, individuality, integration | News from Xinhua

05-24, 2024

BEIJING, May 24 (Xinhua) -- With the continuous upgrading of domestic tourism consumption demand, China's tourism market continues to thrive with growing investment confidence.During this year's May Day holiday, 295 million domestic trips were made in China with a 7.6 percent increase year on year. Domestic tourist expenditures amounted to 166.89 billion yuan (about 23.47 billion U.S. dollars), up 12.7 percent from the same period in 2023.A report released by the China Tourism Academy (CTA) showed confidence index in culture and tourism investment sectors during the first half of this year went up by 3.7 percent from the previous period to 144.1.Application of technologies, along with the preference for county-level travel and integration of culture and tourism, is shaping new trends in consumer experiences.SMART TOURISMDriven by new technologies, smart tourism has become a buzzword in China's tourism industry, captivating travelers across the country and beyond.In the Shougang Park of Beijing, tourists line up to enjoy immersive experiences through entertainment equipment empowered by 5G, extended reality (XR), and virtual reality (VR) technologies.The park, transformed from a former steel mill, now embraces its rebirth. By combining characteristic real scenes and lighting, as well as technologies such as AR and VR, immersive experiences in the park are creating a new kind of tourism consumption scene.The Shanghai Astronomy Museum, a popular tourist spot, offers wonderful immersive universe adventures through XR, 3D movies and so on by visualizing obscure astronomical data.During this year's May Day holiday, the first batch of smart tourism immersive experience venues released by the Ministry of Culture and Tourism attracted more than 4.3 million visits, with consumption topping 220 million yuan.Dai Bin, president of the CTA, said that with accelerated application of 5G, artificial intelligence, big data, VR and other new technologies in culture and tourism, the industry is demonstrating broad prospects for quality development.COUNTY CRAZEChinese tourists' growing preference for niche destinations and experiences has unleashed huge potential of the country's numerous lesser-known travel spots.On social media platform Xiaohongshu, tourists have uploaded over 380,000 posts about their county-level travels, showcasing county travel craze among the platform's mostly young users.In general, tourists visit counties for a bite of their local specialities, simply seeking spiritual tranquility, or checking on their special tourism IPs.Rongjiang County of Guizhou Province, for example, attracted more than 400,000 visitors as the birthplace of the Village Super League, grossing a tourism income of over 400 million yuan.Similarly, tourists flocked to Zibo, Shandong Province, last year for its barbecue food. This year, they turned to Tianshui, Gansu Province, for Malatang, the numbing-spicy hotpot. Prior to that, both of these two places became internet hits for the food.Li Xue, researcher at the CTA, said counties not only boast beautiful landscapes but also offer quality living space, which constitute the core competitiveness of county-level tourism.INTEGRATION OF CULTURE, TOURISMIntegration of culture and tourism enriches travel experiences by combining cultural heritage, traditions and local flavors with tourism development.In Chaozhou, Guangdong Province, visitors savor traditional local delicacies like beef balls, crispy pancakes, and sugar paintings at a special market where they can also interact with local food artisans.In Ordos, Inner Mongolia Autonomous Region, visitors can not only buy soft and exquisite cashmere products, a popular souvenir, but also engage in hands-on activities to decode their production process.The CTA predicted that over 6 billion domestic trips will be made in China this year, generating tourism income of 6 trillion yuan, highlighting the vibrant prospects of technology-enabled tourism featuring integration with culture and more personalized choices of destinations.Dai said changes in tourist consumption demands are forcing the industry to focus on improving modern tourism system and promote its quality development.Notice: the passage is transformed from Xinhua just for information sharing.As any content here violates your intellectual property right and your other lawful rights, please contact us, and we will delete related content.