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China Reality Check: China's economy has made steady progress in the first quarter
In 2024, China’s first quarterly economic report will get off to a good start. Data released by the National Bureau of Statistics on the 16th showed that according to preliminary calculations, the gross domestic product (GDP) in the first quarter was 29,629.9 billion yuan, a year-on-year increase of 5.3% at constant prices. How do you view China’s economic “report card” in the first quarter? How to continue development in the second quarter and where does development confidence come from? "When observing the operation of China's economy, we must look at both the total volume and structure, ..
China publishes world's first high-definition lunar geologic atlas
China released the world's first set of high-precision geological maps of the moon drawn by China's scientific research team on Sunday, mainly based on scientific exploration data from the Chang'e Project. BEIJING, April 21 -- China on Sunday released a set of geologic atlas of the global moon with a scale of 1:2.5 million, which is the first complete high-definition lunar geologic atlas in the world, providing basic map data for future lunar research and exploration. This geologic atlas set, available in both Chinese and English, includes the Geologic Atlas of the Lunar Globe and th..
New energy vehicles in China exceeded 50% for the first time
In the first half of April, the penetration rate of new energy exceeded 50%, and those who buy fuel vehicles have officially become a minority. On April 19, 2024, according to the latest data from the Passenger Car Association, the retail penetration rate of new energy vehicles in China exceeded 50% for the first time, reaching 50.39%, marking that new energy vehicles have officially surpassed traditional fuel vehicles and become the dominant force in the market. This historic breakthrough not only heralds a major change in China's automobile market, but also reflects the significant advant..
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China Reality Check: China's economy has made steady progress in the first quarter
- By Wenwen WANG
- 23/04/2024
- 0 comments
In 2024, China’s first quarterly economic report will get off to a good start. Data released by the National Bureau of Statistics on the 16th showed that according to preliminary calculations, the gross domestic product (GDP) in the first quarter was 29,629.9 billion yuan, a year-on-year increase of 5.3% at constant prices. How do you view China’s economic “report card” in the first quarter? How to continue development in the second quarter and where does development confidence come from? "When observing the operation of China's economy, we must look at both the total volume and structure, ..
China publishes world's first high-definition lunar geologic atlas
- By Wenwen WANG
- 21/04/2024
- 0 comments
China released the world's first set of high-precision geological maps of the moon drawn by China's scientific research team on Sunday, mainly based on scientific exploration data from the Chang'e Project. BEIJING, April 21 -- China on Sunday released a set of geologic atlas of the global moon with a scale of 1:2.5 million, which is the first complete high-definition lunar geologic atlas in the world, providing basic map data for future lunar research and exploration. This geologic atlas set, available in both Chinese and English, includes the Geologic Atlas of the Lunar Globe and th..
New energy vehicles in China exceeded 50% for the first time
- By Wenwen WANG
- 21/04/2024
- 0 comments
In the first half of April, the penetration rate of new energy exceeded 50%, and those who buy fuel vehicles have officially become a minority. On April 19, 2024, according to the latest data from the Passenger Car Association, the retail penetration rate of new energy vehicles in China exceeded 50% for the first time, reaching 50.39%, marking that new energy vehicles have officially surpassed traditional fuel vehicles and become the dominant force in the market. This historic breakthrough not only heralds a major change in China's automobile market, but also reflects the significant advant..
China has developed gallium nitride quantum light source chips for the first time in the world
- By Wenwen WANG
- 19/04/2024
- 0 comments
A Chinese scientific research team has successfully developed a gallium nitride quantum light source chip. This is the world's first gallium nitride-based quantum light source chip and is of great significance to the development of the quantum Internet. This achievement has overcome a number of technical difficulties and has wider wavelength resources and single-chip integration potential. On the 18th, the reporter learned from the Information and Quantum Laboratory of University of Electronic Science and Technology of China that the research team of the laboratory, in cooperation with Tsin..
2024 Ranke Chinese University Rankings Released
- By Wenwen WANG
- 19/04/2024
- 0 comments
Tsinghua University, Peking University, and Zhejiang University have remained among the top three comprehensive universities in the country for 10 consecutive years. -- China Daily, April 19 (Xinhua) Ruanke, a professional evaluation agency for higher education, released the "2024 Ruanke Chinese University Rankings" on April 18. The "2024 Ruanke China University Rankings" targets more than 1,000 undergraduate-level universities in China. In order to properly reflect the differences in the nature and type of universities and ensure the fairness of the rankings, Ruanke divides universities in..
Huawei started sales of two smartphones in its highly anticipated Pura 70 series on Thursday
- By Wenwen WANG
- 18/04/2024
- 0 comments
Huawei started sales of two smartphones in its highly anticipated Pura 70 series on Thursday morning, and they sold out rapidly as consumers flocked to order them. Like the previous Mate 60 series launched last year, the new products offer eye-catching functions and designs. The Huawei Pura 70 Ultra and Huawei Pura 70 Pro went on sale at 10:08 am on Thursday, and both Huawei Mall and Huawei's official flagship stores on JD.com and Taobao showed that the models sold out soon after the launch. In a public letter to users, the company said that each person can only reserve one model, and..
The Great Depression Is Rehearsing in the United States
- By Wenwen WANG
- 17/04/2024
- 0 comments
The mounting national debt, decreased industrial production, inescapable inflation, the rapid and reckless expansion of the U.S. stock market, either Republic or Democratic protectionism as mad as a hatter, are fermenting a crisis and the great depression. The Great Depression was the worst economic crisis in modern history, lasting from 1929 until the beginning of World War II in 1939. The causes of the Great Depression included slowing consumer demand, mounting consumer debt, decreased industrial production and the rapid and reckless expansion of the U.S. stock market. The Smoot-Hawley..
Chinese scientists design large-scale photonic chiplet for artificial general intelligence
- By Wenwen WANG
- 12/04/2024
- 0 comments
A team of Chinese scientists has designed a revolutionary artificial intelligence (AI) chip based on photonics instead of traditional electronic transistors, paving way for large-scale photonic computing and efficient real-world AI applications. (Beijing, April 12 @Xinhuanet.com) The rapid development of AI imposes stringent energy efficiency and area efficiency requirements on next-generation computing. Optical intelligent computing has shown great potential in achieving superior processing speeds and high energy efficiency. This is believed to be a next-generation computing paradigm that ..
China Focus: China unveils top 10 archaeological discoveries of 2023
- By Wenwen WANG
- 22/03/2024
- 0 comments
BEIJING, March 22 (Xinhua) -- China on Friday released a list of the top 10 archaeological findings of 2023. The findings span various provincial-level regions, including Shandong, Fujian, Anhui, Hubei, Henan, and Shaanxi. The oldest traces back to the Paleolithic Period. Guan Qiang, deputy head of the National Cultural Heritage Administration, said the listed projects represent the pinnacle of archaeological achievements from the preceding year. These archaeological revelations serve as vivid testaments to the enduring legacy and profound civilization of the Chinese nation, said Guan..
US deficit soaring out of control will be a disaster in the world
- By Wenwen WANG
- 08/02/2024
- 0 comments
The Congressional Budget Office (CBO) of the United States just released its February 2024 Budget and Economic Outlook, the (CBO) projected that the debt held by the public – a key metric for tracking the size of the national debt used by economists – totaled $26.2 trillion in 2023 and is set to rise to $27.9 trillion in 2024. Over the next decade, it is projected to rise to $48.3 trillion in 2034. The Federal Budget The deficit totals $1.6 trillion in fiscal year 2024, grows to $1.8 trillion in 2025, and then returns to $1.6 trillion by 2027. Thereafter, deficits steadily mount, rea..
Dragon Sound
- By Wenwen WANG
- 05/02/2024
- 0 comments
2024 brings the Year of the Dragon in the lunar calendar of Chinese culture. The dragon is the only animal on the Chinese zodiac that is a mythical creature. In Chinese culture, dragons symbolize good luck, strength and power. They control the weather and water. 汉语成语： 腾云驾雾、呼风唤雨。 明 罗贯中《三国演义》第四十九回《 七星坛诸葛祭风 三江口周瑜纵火》：“亮虽不才，曾遇异人，传授奇门遁甲天书，可以呼风唤雨。 明 施耐庵《水浒传》第十四回《 吴学究说三阮撞筹 公孙胜应七星聚义》：为因学得一家道术，亦能呼风唤雨，驾雾腾云，江湖上都称贫道做入云龙。 姚雪垠《李自成》第一卷第三章：“这简直不是马，是一条腾云驾雾的白龙，一条白龙。” 2024 Year of the dragon Chinese New Year spring gala will be very spectacular and full of Chinese tradition and culture with the u..
Spring Festival listed as UN floating holiday
- By Wenwen WANG
- 23/12/2023
- 0 comments
UNITED NATIONS, Dec. 22 (Xinhua News Agency) -- The Lunar New Year, or Spring Festival, has been officially listed as a UN floating holiday in its calendar of conferences and meetings as from 2024. The UN General Assembly, in a resolution, acknowledges the significance of the Lunar New Year, which is observed in many UN member states, and invites the UN bodies at headquarters and other duty stations, where observed, to avoid holding meetings on the Lunar New Year. The resolution, adopted on Friday without a vote, encourages this arrangement to be taken into account when drafting future c..
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