Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 301

Posts Tagged ‘china’

CTA Urges Congress to Intervene in U.S.-China Trade War

Posted by fidest press agency su domenica, 15 settembre 2019

The following statement is attributed to Gary Shapiro, president and CEO, Consumer Technology Association (CTA)®, regarding the increasing cost of Section 301 tariffs on American businesses and consumers:“Increasing tariffs are giving the stock markets whiplash, and consumers are getting worried – just last month consumer sentiment dropped almost 10 percentage points. The president has overstepped his power on trade, and our nation’s businesses and families are footing the bill – it’s time for Congress to step up for American businesses and consumers. With less than 40 legislative days left this year, we urge Congress to hold a hearing on the Reclaiming Congressional Trade Authority Act of 2019, which would reassert Congress’ role in trade policy and protect Americans from this seemingly endless trade war. Congress has the power to review and should use its limited time left to investigate the scope and intent of the president’s misguided trade policy.”Our Constitution gives Congress clear authority on trade and tax matters and Congress has granted the executive branch limited power on tariff policy – but that authority has been taken too far. Congress exacerbated the Great Depression of the 1930s with its protectionist Smoot-Hawley Tariff Act. Instead of repeating history, Congress can help prevent another horrible economic mistake by moving forward with the Reclaiming Congressional Trade Authority Act.” The U.S. consumer technology industry paid $1.9 billion in tariffs in July – five times higher than it paid in July 2018, despite a 38% decrease in imports, according to new data from CTA, compiled and analyzed by The Trade Partnership. The July cost includes $143 million in tariffs on 5G-related products – including smartphones, routers, gateways and servers – a critical emerging technology that faced virtually no tariffs prior to the trade war. Since July 2018, Section 301 tariffs on China have cost the industry almost $12 billion, including $1.2 billion on 5G-related products alone.

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CTA: Raising Tariffs Hurts Americans, Not China

Posted by fidest press agency su martedì, 27 agosto 2019

The following statement is attributed to Gary Shapiro, president and CEO, Consumer Technology Association (CTA)® regarding President Trump’s announcement to increase the current Section 301 tariffs on Chinese products:“Enough is enough – as evidenced by today’s 623 point drop in the Dow, global markets are reeling on fears of a global recession. And today’s announcement only inflicts more pain on American businesses, workers and families. The president is right to fight against China’s forced technology transfers and IP theft – but tariffs are taxes on Americans, putting us on the wrong economic path and compromising our global leadership. “These escalating tariffs are the worst economic mistake since the Smoot-Hawley Tariff Act of 1930 – a decision that catapulted our country into the Great Depression. Instead of making America great again, the president is using tariffs to make a great economic mistake – again. How much longer will our families, companies and economy be forced to bear the financial burden of this misguided trade policy? Clearly, tariffs aren’t moving us toward a deal with China – it’s time to end the trade war and come to an agreement.”

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Digital Economy Is Becoming the Tie Connecting the Destinies of China and Southeast Asia

Posted by fidest press agency su martedì, 27 agosto 2019

According to report from the Maybank, China’s investment in Southeast Asia has been showing good momentum. In the first half of 2019, China’s investment in Southeast Asia reached USD 11 billion, almost doubling year-on-year. Against the headwind of US trade protectionism, the economic relationship between China and Southeast Asia is still uniquely well, which fully proves the feasibility of the Belt and Road Initiative. The new round of scientific and technological revolution is an important background for China’s rapid investment in Southeast Asia. According to statistics, China’s investment in Southeast Asia’s science and technology sector reached USD2.5 billion in the first half of the year, more than the total in 2017. The global commercialization of 5G communications is a major factor driving the outbreak of technology investment in the region. With the active assistance of China, Southeast Asian countries are catching up on the fast lane of 5G communication, and have built and transformed a large number of communication infrastructures, laying a solid foundation for the industrial revolution brought about by 5G.To get rich, first you need to get the road prepared. This experience of China’s economic development has undergone some changes. In the era of digital economy, the communication network has become the new roads and bridges, promoting the development of businesses and industries in various countries. China and Southeast Asian countries actively welcome the tide of the digital economy and hope to achieve lane-changing and overtaking and become developed countries the new round of scientific and technological revolution. The goal of the Belt and Road Initiative is also to build these new roads and ties, which will make China and Southeast Asia more closely linked and become a new pole of global economic growth.This new change is taking place in Southeast Asia. According to statistics, Chinese mobile phone manufacturers have been dominating the Southeast Asian market, and the latest market share has jumped to 62%, far exceeding that of other Western countries. Chinese manufacturers’ mobile phones are cost-effective and have been customized and optimized according to the habits of users in Southeast Asia. These mobile phones will become the counters and stores of the digital economy in Southeast Asia in the future.

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China-Thailand Strategic Cooperation Starts Three New Growth Points Following Tourism

Posted by fidest press agency su martedì, 27 agosto 2019

According to Thailand media reports, Thailand’s Minister of Tourism and Sports recently submitted a bill to Thai Prime Minister Prayuth to introduce a one-year free visa policy for Chinese and Indian tourists. The move was aimed at stimulating the development of Thailand’s tourism industry as a whole and striving to achieve a tourism revenue of 3.4 trillion baht.Earlier, Piphat said the lasting impact on Thailand’s tourism development, including economic problems, foreign tourists’ confidence problems, the appreciation of the Thai baht, Chinese tourists’ suspension of travel to Thailand. Therefore, the department planned to introduce a one-year free visa policy and replace the free visa on arrival policy that expires on October 31, 2019.Not only does Thailand want to boost tourism exchanges with China, the relationship between China and Thailand has been stable. In recent years, with the in-depth development of Sino-Thai relations, the cooperation between the two sides has gone far beyond tourism and agricultural trade. China hopes not only that Thailand will become more prosperous, but also that Thailand will become safer and more innovative. China-Thailand cooperation is moving towards three more strategic areas.The first is military security cooperation. The long-term stability of China-Thailand relationship has enabled the two countries to form a firm strategic mutual trust. In the future, China and Thailand are expected to carry out more extensive military equipment cooperation, including supporting Thailand in building its own military industry chain and jointly developing weapons and equipment.The second is medical cooperation. In August 2019, the China-Thailand Joint Research Institute of Natural Medicine held an opening ceremony in Bangkok, which will help promote the health cooperation between the two countries and the industrialization of natural medicines.Finally, cooperation in scientific and technological innovation. The implementation of protectionism by the U.S. in the field of science and technology has brought about new changes in global science and technology cooperation, while Thailand, due to its political neutrality, will play a more important role in the future.

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China and Laos Build China-Laos Economic Corridor and Build Community of Common Destiny

Posted by fidest press agency su martedì, 27 agosto 2019

A few days ago, the Laos government released a report predicting that the GDP growth rate will be 6.7% in 2019, the industry will become the biggest driving force. It is estimated that the industrial growth rate will be 8.3%. Khanpei, a member of the Lao parliament, told reporters that many garment manufacturers and electronic equipment companies are gradually shifting their production bases to Laos. After the opening of the China-Laos railway, the transportation costs will be reduced. Laos’ industrial modernization will benefit from the Railway.The China-Laos Railway project invested and built mainly by China and directly connected with China’s railway network. The 414 km long railway adopts Chinese technical standards and equipment, and is scheduled to be completed in December 2021.The China-Laos Railway Project is a strategic docking project between China’s Belt and Road Initiative and Laos’ strategy of “transforming the land-locked country into a land-linked country”. The Laos government attaches great importance to it and has set up a Project Steering Committee headed by the minister of the Department of Public Works and Transportation to coordinate and promote the construction of China-Laos Railway.Khansu Benyaoun, the deputy secretary of the Lao Central Commission for Discipline Inspection, once said in an interview: “The China-Laos Railway will speed up the process of integration and interconnection between Laos and ASEAN countries, become a major transportation artery that runs through the north and south of Laos, become a new engine for the modernization of Laos.”

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Digital Economy Is Becoming the Tie Connecting the Destinies of China and Southeast Asia

Posted by fidest press agency su lunedì, 26 agosto 2019

According to report from the Maybank, China’s investment in Southeast Asia has been showing good momentum. In the first half of 2019, China’s investment in Southeast Asia reached USD 11 billion, almost doubling year-on-year. Against the headwind of US trade protectionism, the economic relationship between China and Southeast Asia is still uniquely well, which fully proves the feasibility of the Belt and Road Initiative.The new round of scientific and technological revolution is an important background for China’s rapid investment in Southeast Asia. According to statistics, China’s investment in Southeast Asia’s science and technology sector reached USD2.5 billion in the first half of the year, more than the total in 2017. The global commercialization of 5G communications is a major factor driving the outbreak of technology investment in the region. With the active assistance of China, Southeast Asian countries are catching up on the fast lane of 5G communication, and have built and transformed a large number of communication infrastructures, laying a solid foundation for the industrial revolution brought about by 5G.To get rich, first you need to get the road prepared. This experience of China’s economic development has undergone some changes. In the era of digital economy, the communication network has become the new roads and bridges, promoting the development of businesses and industries in various countries. China and Southeast Asian countries actively welcome the tide of the digital economy and hope to achieve lane-changing and overtaking and become developed countries the new round of scientific and technological revolution. The goal of the Belt and Road Initiative is also to build these new roads and ties, which will make China and Southeast Asia more closely linked and become a new pole of global economic growth.This new change is taking place in Southeast Asia. According to statistics, Chinese mobile phone manufacturers have been dominating the Southeast Asian market, and the latest market share has jumped to 62%, far exceeding that of other Western countries. Chinese manufacturers’ mobile phones are cost-effective and have been customized and optimized according to the habits of users in Southeast Asia. These mobile phones will become the counters and stores of the digital economy in Southeast Asia in the future.

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China National Medical Products Administration Grants Innovative Medical Device Designation

Posted by fidest press agency su giovedì, 15 agosto 2019

Zai Lab Limited (NASDAQ: ZLAB), a Shanghai-based innovative commercial stage biopharmaceutical company, and Novocure (NASDAQ: NVCR), a global oncology company with a proprietary platform technology called Tumor Treating Fields, today announced that the China National Medical Products Administration (NMPA) granted Innovative Medical Device Designation for Optune, a Tumor Treating Fields delivery system that uses electric fields tuned to specific frequencies to disrupt cancer cell division, inhibiting tumor growth and causing affected cancer cells to die.“We are excited that Optune has been granted the Innovative Device Designation as it will allow our team to accelerate dialogue with the NMPA and bring us closer to commercializing Optune in China,” said Dr. Samantha Du, Founder and CEO of Zai Lab. “Our launch in Hong Kong has provided valuable insight into the impact that this device can have on patients with GBM, which is an area of high unmet clinical need in China and globally. We look forward to working closely with the NMPA as Optune advances through the regulatory process in China.”
The Innovative Device Designation allows Zai Labto take advantage of an expedited approval procedure for Optune that offers opportunities for pre-consultation with and input from the NMPA throughout the approval process. Novocure granted Zai Lab an exclusive license for Tumor Treating Fields, including the brand name Optune, in Greater China in September 2018 and Zai Lab successfully launched the product in Hong Kong for the treatment of glioblastoma (GBM) late last year. Novocure markets Optune in the United States, European Union, Japan and certain other countries for the treatment of GBM and the NovoTTF-100L System, another Tumor Treating Fields delivery system, in the U.S. for the treatment of malignant pleural mesothelioma. Tumor Treating Fields is in late stage clinical development for four solid tumor indications including non-small cell lung cancer, brain metastases, pancreatic and ovarian cancers. Tumor Treating Fields was included and recommended with Level 1 evidence as a treatment for GBM in China’s Glioma Treatment Guideline published in 2018.

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China’s Precision Medicine Market, 2019-2029

Posted by fidest press agency su giovedì, 15 agosto 2019

The “China Precision Medicine Market: Focus on Ecosystems, Applications, and Competitive Landscape – Analysis and Forecast, 2019-2029” report has been added to ResearchAndMarkets.com’s offering.The report projects the market to grow at a significant CAGR of 12.82% during the forecast period, 2019-2029. The China precision medicine market generated $4,919.7 million revenue in 2018, in terms of value.The China Precision Medicine market growth is majorly driven by factors such as shifting the significance in medicine from reaction to prevention, government initiatives for the incorporation of precision medicine in China, lowering costs and advancement in sequencing technologies, and surge in underlying direct-to-consumer (DTC) genetic testing market in China.However, factors such as fragmented healthcare system in China, a lack of knowledge dissemination for advanced diagnostic capabilities, and a lack of a unified framework for big data integration hamper the overall market growth.

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The “Global and China Animation Industry Report, 2019-2025”

Posted by fidest press agency su domenica, 7 luglio 2019

The report has been added to ResearchAndMarkets.com’s offering.Up to date, the global animation market is still firmly dominated by the United States and Japan, followed by South Korea that springs up. The global animation output value approximates USD250 billion, and records as much as USD500 billion or so if peripheral products are taken into account.The Japanese animation market was worth over JPY2 trillion for the first time in 2017, thanks to the foreign animation boom and business diversification. South Korea’s animation sales in 2017 was estimated to be KRW1 trillion (about RMB6 billion), of which KRW724 billion (about RMB4.3 billion) might come from online animation whose market size is expected to report KRW1 trillion by 2020.China’s animation industry has been progressing apace over the recent years, with its output value surging from RMB88.2 billion in 2013 to RMB174.7 billion in 2018 and expectedly outnumbering RMB200 billion in 2019 and standing at RMB375 billion by 2025.The output value of animation is largely contributed by the upstream content market and the downstream derivative market, of which the market of derivatives hit about RMB76.4 billion in 2017, doubling that of the former. In Japan, the market size of derivatives is generally 8-10 times that of the broadcast market, indicating great growth potentiality of Chinese animation derivative market.Users’ habit of paying for animation content is still being cultivated. In 2018, paid works accounted for 22% of the top 50 animation works on air by view. Joint broadcast and exclusive broadcast of premium content shared the paid head content, 71% of which was covered by iQIYI that performed well in the animation payment field. In the future, animation will be integrated into the paid content along with dramas and movies. With the better living standards of adolescents and the widespread ACG (anime, comics and games) culture in China, there is an enormous number of pan-ACG users in China, hitting nearly 350 million in 2018 (including more than 200 million online animation users). The huge user base triggers huge demand for animations. The animation industry has always been a hot spot for investment, but it is primarily dominated by strategic investors including platform giants (such as Tencent, iQiyi, NetEase and Bilibili) as well as film and television companies (mainly Enlight Media and Wanda Media). Among them, Bilibili and Tencent have become important players in the animation investment, and they have invested in a number of companies with IP capacity or animation production capabilities.

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Global and China Semiconductor Equipment Industry Report

Posted by fidest press agency su mercoledì, 12 giugno 2019

The semiconductor industry with a high technical threshold is advancing speedily. Every generation of products requires unique processes and equipment.The semiconductor process involves monocrystalline silicon wafer fabrication, IC design, IC manufacturing, IC packaging, and testing. The production of monocrystalline silicon wafers needs monocrystalline furnace; and six types of equipment are indispensable to IC manufacturing, including lithography machine, etching machine, thin film equipment, diffusion/ion implantation equipment, wet process equipment, and process detector. Among semiconductor equipment, wafer foundry equipment accounts for about 80% of procurement, testing equipment 8%, packaging equipment 7%, and silicon wafer plant equipment and others 5%.Characterizing a rather high concentration, semiconductor equipment manufacturing is a typical capital- and technology-intensive sector with high technical barriers and in want of huge capital and manpower. In 2018, the world’s top ten semiconductor equipment vendors commanded a combined 71.4% market share, and the top five giants enjoyed 61.4% market shares together. Of the top ten, ASML comes from the Netherlands and the rest are based in the United States and Japan.The localization rate of semiconductor equipment in Mainland China is merely 11.5%, and the China-made semiconductor equipment makes up roughly 2% of the global market. In 2018, the global sales of semiconductor equipment achieved $61.6 billion including $10.1 billion or 16.4% from Chinese Mainland which is the third largest market after Taiwan and South Korea. Yet, there is still a huge technical gap between the semiconductor equipment made in China and foreign peers. In a word, Chinese equipment with low brand awareness is less competitive and take small market shares.

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China, Hong Kong & Taiwan Cinema Industry 2013-2018 & 2019-2023

Posted by fidest press agency su sabato, 8 giugno 2019

The “Cinema Industry Research China, Hong Kong & Taiwan” report has been added to ResearchAndMarkets.com’s offering.The fast growing Chinese market has dominated the global exhibition sector for the past decade, with film distributors and equipment suppliers equally chasing the bonanza represented by rapidly rising ticket sales and breakneck theatre construction. Although growth is now slowing Chinese box office remains on schedule to overtake the United States by 2022 or 2023, an event which will change the international film market forever.This report slices through the opaque structure of this market to examine some of the main players and the all-important role of official intervention. Also considered are the other Chinese language markets of Hong Kong and Taiwan. As well as comprehensive historical data, there are five year forecasts of screen numbers, admissions and box office for all three territories.

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Trax and LenzTech join forces to digitize the physical world of retail at scale and speed of China

Posted by fidest press agency su mercoledì, 5 giugno 2019

Trax, the world’s leading provider of computer vision and analytics solutions for the retail industry, and LenzTech, China’s leading retail AI and Big Data service platform, are joining forces to provide Chinese Consumer Packaged Goods companies (CPGs) with greater visibility into store conditions for better in-store execution, promotion optimization and merchandising strategies. The merger combines Trax’s best-in-class technologies with LenzTech’s in-market expertise in AI and crowdsourcing to ‘digitize’ China’s physical world of retail.Trax provides in-store execution solutions, market measurement and consulting services for CPG brands and retailers by leveraging its cutting-edge computer vision, machine learning and IOT platform – which turns photos of retail shelves into granular, actionable shelf and store-level insights. Top brands and retailers leverage Trax in over 50 countries, to drive execution excellence and increase sales and market share.
LenzTech the market leader in AI powered, crowdsourcing services in China, leverages its 800,000 userbase to perform tasks like taking images of a store shelf. With 50,000 monthly active users, LenzTech covers over 1000 cities including all counties and most townships across China.With their combined platforms, Trax and LenzTech intend to put the power of AI into the hands of consumers across China. This will uniquely serve global and local brands for better auditing efficiency and enhanced insights across all store formats at unprecedented speed and scale.

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Promotion Event of The Most Beautiful Shooting Location in China Held During Cannes Film Festival

Posted by fidest press agency su martedì, 28 Mag 2019

An event was held at the 72nd Cannes Film Festival to recommend China’s most beautiful shooting locations on the theme of “Fascinating China.” In the event, the Yellow Sea National Forest Park in Dongtai, Jiangsu Province, the One Hundred Mile Azalea Forest in Bijie, Guizhou Province, Siming District of Xiamen, Fujian Province, and the Li Autonomous County in Lingshui, Hainan Province were on the list. The promotional films about the scenery in these four cities were also screened repeatedly in the festival’s official projection hall. During the event, the representatives from each city promoted their local culture and landscape to the guests at home and abroad. The Yellow Sea National Forest Park boasts of distinct seasons, long sunshine duration, and fresh forest air comparable to that of untraversed areas in mountains.In the One Hundred Mile Azalea Forest, the blooming azaleas all over the hills and dales can be seen in every spring.Siming District of Xiamen, Fujian Province has a long history, bustling street views, unique arcade-houses, and distinctive international atmosphere.With clear blue sea, shining beaches, bright-colored corals and deep rock caves, Li Autonomous County in Lingshui, Hainan Province has become the shooting location of many outstanding movie and television works.Many professional filmmakers all over the world spoke highly of the scenery and grandeur of these locations in China.After promoting their local landscape and cultural resources to the guests around the world, representatives from the cities of China’s most beautiful shooting locations communicate warmly with the guests. Representatives of international filmmakers and organizations have expressed strong interests in going to China to shoot their movie and television works.

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Promotion Event of The Most Beautiful Shooting Location in China Held During Cannes Film Festival

Posted by fidest press agency su lunedì, 27 Mag 2019

An event was held at the 72nd Cannes Film Festival to recommend China’s most beautiful shooting locations on the theme of “Fascinating China.” In the event, the Yellow Sea National Forest Park in Dongtai, Jiangsu Province, the One Hundred Mile Azalea Forest in Bijie, Guizhou Province, Siming District of Xiamen, Fujian Province, and the Li Autonomous County in Lingshui, Hainan Province were on the list. The promotional films about the scenery in these four cities were also screened repeatedly in the festival’s official projection hall. During the event, the representatives from each city promoted their local culture and landscape to the guests at home and abroad. The Yellow Sea National Forest Park boasts of distinct seasons, long sunshine duration, and fresh forest air comparable to that of untraversed areas in mountains.In the One Hundred Mile Azalea Forest, the blooming azaleas all over the hills and dales can be seen in every spring.Siming District of Xiamen, Fujian Province has a long history, bustling street views, unique arcade-houses, and distinctive international atmosphere.With clear blue sea, shining beaches, bright-colored corals and deep rock caves, Li Autonomous County in Lingshui, Hainan Province has become the shooting location of many outstanding movie and television works.Many professional filmmakers all over the world spoke highly of the scenery and grandeur of these locations in China.After promoting their local landscape and cultural resources to the guests around the world, representatives from the cities of China’s most beautiful shooting locations communicate warmly with the guests. Representatives of international filmmakers and organizations have expressed strong interests in going to China to shoot their movie and television works.

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“Getting Started with RISC-V” Roadshow in China

Posted by fidest press agency su mercoledì, 24 aprile 2019

Monday, May 6; Wednesday, May 8; Monday, May 13; Tuesday, May 14; and Thursday, May 16 The Crowne Plaza Landmark in Shenzhen; the Sheraton Chengdu Lido Hotel in Chengdu; the Hyatt on the Bund; Alibaba in Hangzhou; the Bellagio in Shanghai; the Crowne Plaza Zhongguancun in Beijing.The RISC-V Foundation, a non-profit corporation controlled by 235 member companies to drive a new era of processor innovation via the adoption and implementation of the free and open RISC-V ISA, announces the agenda for its “Getting Started with RISC-V” events across China. As part of this program, RISC-V members will host presentations and live demonstrations showcasing the ecosystem’s overall explosive growth and discuss the Foundation’s increasing footprint particularly within China and the greater APAC region. This event also offers an opportunity for attendees to speak with RISC-V experts and other local RISC-V enthusiasts about the increased commercial adoption and growing number of implementations.

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China’s bold ambitions to lead in digital technologies – a challenge for Europe

Posted by fidest press agency su sabato, 13 aprile 2019

Berlin. China’s efforts at home and abroad to become a global leader in digital technologies is a challenge for Europe. The ambitions of telecommunications giant Huawei to participate in building European 5G networks are just one example of many, say MERICS researchers Kristin Shi-Kupfer and Mareike Ohlberg, authors of a new MERICS study, “China’s digital rise. Challenges for Europe.” Shi-Kupfer, who heads the MERICS research area on politics, society, and media, and research associate Ohlberg show that China’s digital ambitions are state-driven. They examine the close connection within the IT sector between the Chinese Communist Party (CCP), the state, and private companies and show that China’s digital rise is not only spurred by economic interests but also by political goals to become a leading superpower in research and technology.
Civil-military integration in particular has been on the national agenda of state and party leader Xi Jinping since 2014. For example, China wants to take the lead in dual-use technologies and quantum cryptography, advance its cyber-warfare capabilities, and use Artificial Intelligence (AI) as a weapon. According to the MERICS study, China also wants to use its capabilities domestically to implement its vision of cyber domination and social control. This includes the Social Credit System, which the leadership wants to roll out nationwide in the coming years. For China, digitization is a means to achieve several goals at once: creating new engines of growth, achieving technological independence, social control, and international leadership in digital technologies.
China has invested disproportionately in technological innovation in recent years. For quantum cryptography research alone, China has provided at least an estimated USD 50 billion of funding, that’s ten times as much as the United States has made available. In AI, China filed around 30,000 patents last year, two and a half times more than the US. All these efforts are beginning to pay off: The People’s Republic is already considered the leading digital marketplace and home to a third of all startups with a market evaluation above USD one billion. Soon, the country could become the world leader in digital key technologies. At the same time, Beijing is changing the global technology landscape by pushing blockchain, the Internet of Things and 5G standards and by filling key positions in relevant international institutionHowever, China’s digitization strategy also faces setbacks: Risks to innovation are the increased control of the CCP over private companies and the inefficient allocation of capital. For the foreseeable future, China will remain dependent on foreign core technologies. Western industrialized countries are increasingly concerned about potential security risks, criticizing the lack of data protection and the lack of ethical standards in China. A push back against China’s digitization and technology may only just have begun, say Shi-Kupfer and Ohlberg. But how should Europe deal with these challenges? What consequences does China’s digital progress have for European politics, the economy and security? Shi-Kupfer and Ohlberg say that China could become a serious threat if the country continues its path of seeking technological autonomy, rather than reciprocity and cooperation. The risks for Europe are compounded by the fact that the EU has no coordinated ecosystem for digital innovation and does not speak with one voice on China. If Europe does not catch up on key digital technologies, it risks losing out, or worse getting crushed between China and the US, warn Ohlberg and Shi-Kupfer. European member states would therefore have to make the strengthening of the European digital market a priority, expand cybersecurity cooperation with allied third countries and make data protection and ethical standards prerequisites for cooperation with China. (by New MERICS study)

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Artificial Intelligence in China’s Retail Industry

Posted by fidest press agency su sabato, 30 marzo 2019

Artificial Intelligence (AI) spend in retail industry in China has increased at 73.9% during 2018 to reach US$ 240 million. Over the forecast period (2019-2025), spend on AI is expected to record a CAGR of 24.7%, increasing from US$ 360.4 million in 2019 to reach US$ 1,686.8 million by 2025.This business intelligence report aims to analyze market opportunities and risks in adoption of artificial intelligence (AI) in retail industry in China. This is a data centric report, consisting of 27 charts and 18 tables, providing detailed understanding of market dynamics through 20+ KPIs for the country. This report covers country level AI market size/spending forecast (2016-2025) by applications across banking and finance industry’s value chain, AI technology domains, and technology.

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Xi Jinping heads to Europe: “This could be a watershed moment for Italy’s China policy”

Posted by fidest press agency su mercoledì, 20 marzo 2019

Chinese President Xi Jinping is expected in Europe from March 21 to 26. He will first travel to Italy and then head to Monaco and France. His visit to Italy in particular (March 21 to 24) – the first Chinese state visit to that country in ten years – is causing a stir as the Italian government appears ready to make major concessions to China. According to media reports, the Italian government is set to endorse China’s Belt and Road Initiative (BRI), a move that would make Italy the first G7 state to join Xi Jinping’s key foreign policy project.
Questions to Lucrezia Poggetti, research associate at the Mercator Institute for China Studies (MERICS).
The Italian government has sought closer ties with Beijing from the start. Do you consider it likely that Italy will join China’s Belt and Road Initiative (BRI) – and if so, what is Rome hoping to get out of such a move?
The current Italian government has, indeed, adopted a very China-friendly line since it took office at the end of May 2018. This was spearheaded by the Undersecretary of State for Economic Development, Michele Geraci, who set up a “China Task Force” under the Ministry of Economic Development in August last year to seek closer political relations with China in the hope of getting economic opportunities in return.
Geraci argues that the signature of a Memorandum of Understanding (MoU) on BRI would help Italian companies increase exports to the Chinese market. In 2018, Italy registered a USD 12.13 billion trade deficit with China. However, the MoU is unlikely to change that. European countries whose trade relations with the Asian giant are more balanced, such as France and Germany, have not signed any BRI endorsements. Those EU member states that have signed up to the BRI in the past, such as Poland and other Eastern European countries, have complained that Beijing’s promises of economic opportunities have largely failed to materialize.
Yet despite heated debates within Italian politics, it is very likely that the Italian government will sign the controversial MoU. Prime Minister Giuseppe Conte confirmed on Friday March 15 the government’s plans to go ahead with the signature.
How important would it be for Beijing if Italy were to sign the BRI MoU?
Italy’s signature would give the BRI project a huge boost in legitimacy. Beyond the economics, an Italian endorsement would be politically symbolic for China. Italy would be the first G7 member state and the first EU founding country to sign up to BRI. An endorsement by the third largest economy in the Eurozone would allow Xi Jinping to show domestic audiences that his initiative enjoys a great reputation in Europe and the world, while in fact the BRI faces criticism that it has created debt traps, political dependencies and has failed to meet international standards.
What are the implications for the Italian economy?
The MoU, as far as we know, contains only vague reassurances but no concrete guarantees that Italian companies will contribute to infrastructure projects or that Italy will receive more investment from China. The vague language of the text appears to confirm rising concerns in Europe that many BRI projects mainly benefit Chinese companies. In February 2018, 27 European ambassadors to China, including the Italian ambassador, signed a report critical of BRI, arguing that the initiative almost exclusively promotes Chinese interests. In the light of these developments, signing up to BRI with the hope of gaining substantial economic opportunities is a bit naïve. If anything, Italian officials should use China’s appetite for a high-level endorsement of BRI to put concrete demands on the negotiating table.
So far, though, China has the upper hand. It has already said that if Italy doesn’t sign the MoU, all the commercial deals that are expected to be signed during Xi’s visits will be off the table. Those deals include major Chinese investment in Italian ports and agreements involving leading Italian banks and energy companies.
Where would an Italian agreement with China on BRI put Italy for those EU partners currently working toward greater coordination on China policy?
An MoU on BRI would harm Italy’s credibility as a reliable partner because Italy would break ranks with current efforts by the EU and its largest member states to better coordinate on China. The first signs of Italy’s China-friendly shift are already visible. For example, in February Italy abstained from a vote on an EU-wide investment screening mechanism to better protect Europe’s strategic sectors. Notably, the previous Italian government had been an important partner for Berlin and Paris to promote the establishment of such a mechanism.
What are the alternatives for the Italian government?
The Italian government would be well advised to devote more resources to devising a more balanced China strategy that takes into account not just economic interests but EU unity, geopolitical considerations and risk assessments. While Geraci’s “China Task Force” has promoted closer political and economic ties with Beijing, a more sophisticated approach would focus on strengthening Italy’s own industrial base and domestic competitiveness while nudging China towards greater market openness. It is also important to remember that as a bloc the EU has more economic and political negotiating power vis-à-vis China than any EU country has alone.
Devising a balanced China strategy would also require greater coordination and exchange of views among different ministries, such as foreign affairs, interior and defence. If anything, Xi Jinping’s visit has made many in Italy realize that, beyond economics, relations with China have wide ranging political implications. This could be a watershed moment for Italy’s China policy. Italy should make best use of the momentum created by Xi’s visit to fill the information gap about China’s rise and its impact on Italian interests.
Xi’s trip to Europe comes as concerns about China are growing on the continent. Where does France stand in the China policy debate?
On his visit to France, Xi will certainly experience a tougher attitude than in Italy, with Paris having grown more sceptical about China’s activities. Commenting on BRI ahead of Xi’s visit, French President Emmanuel Macron said that China’s participation in other countries’ development should be done in “the spirit of equality, reciprocity” and “respecting the sovereignty of nations.” France – together with Germany – has also been a strong promoter of a more cohesive European China policy. Notably, after almost four full days in Italy, Xi will spend less than a day in Paris. (By China Flash)

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Smart Cities and Digital Transformation Dialogue – Italy and China –

Posted by fidest press agency su mercoledì, 20 marzo 2019

Roma Venerdì 22 marzo 2019 Ore 9:00-13:30 Hotel Hassler. Importanti presenze delle industrie e dei media cinesi al Dialogo Italia-Cina su Smart Cities e Trasformazione Digitale.Folta la presenza della rappresentanza cinese all’incontro che si svolgerà il 22 marzo a Roma a margine della visita del presidente cinese Xi Jinping.Hanno già confermato, tra gli altri, la loro partecipazione Ma Weihua (President of China Entrepreneur Club, Former Chairman of China Merchant Bank), Zhang Lianfeng (Chief Representative of Shandong in Europe), Zheng Zhibin, (President of Global Smart City Business of Huawei), Liu Qunkai (Country Manager South Europe of Alibaba Cloud), Gao Sumei (Executive Secretary General of China Information Technology Industry Federation), Zhong Xiayu (Chief Operating Officer of E-Hualu BE Space) e Chen Weihua (EU Bureau Chief of China Daily).Vincenzo Scotti (Presidente Link Campus University) aprirà i lavori del dialogo che sarà focalizzato sul tema di come rendere le città più connesse ed intelligenti e sulle possibili forme di collaborazione con la Cina in questa area.Importanti le presenze già assicurate all’evento, da Giuseppe Busia (Segretario Generale del Garante della Protezione dei Dati Personali) a Luigi Paganetto (Presidente, Fondazione Economia dell’Università di Roma Tor Vergata), da Nicola Blefari Melazzi (Direttore, Consorzio Nazionale Interuniversitario per le Telecomunicazioni) a Carlo Maria Medaglia (Vice Rettore, Link Campus University), da Massimo D’Alema, (Presidente, Fondazione Italianieuropei) a Massimiliano Dona (Presidente, Unione Nazionale Consumatori).Con loro saranno presenti i sindaci Marco Bucci (Genova) e Mario Occhiuto (Cosenza), insieme a Flavia Marzano (Assessore Roma Capitale), Marco Pistore (Direttore Smart Cities, Fondazione Bruno Kessler), Angelo Bozza (Smart Cities Association Italy).La Cina vanta, come è noto, il maggior numero di progetti di smart cities a livello mondiale: dei 1000 progetti in fase di realizzazione in vari paesi del mondo oltre 500 si concentrano in Cina e riguardano sia le grandi che le piccole città. La Cina progetta di creare 100 città intelligenti entro il 2020. Ma anche l’Italia può giocare un ruolo importante.Il tema delle Smart City può diventare un’area strategica di cooperazione tra aziende italiane e cinesi. Grazie all’uso dell’Intelligenza Artificiale, dei Big Data, Sensor, IoT e servizi Cloud è possibile erogare ai cittadini nuovi servizi e migliorarne la qualità della vita. Al tempo stesso si aprono enormi potenzialità di business per l’industria italiana di settore, tutte da esplorare. (fonte: Key4biz Focus)

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“Research Report on Paper and Paperboard Import in China, 2019-2023”

Posted by fidest press agency su lunedì, 18 marzo 2019

Based on this research, the demand for paper and paperboard imports in China will continue to grow from 2019 to 2023.The major driving forces include the lower average price of imports than domestic counterparts and the sluggish growth in domestic production of paper and paperboard resulting from the shortage of raw materials and the upward costs of labor, land, energy resources and other production factors.
According to this analysis, with the development of China’s economy and the improvement of living standards, the per capita consumption of paper and paperboard shows an upward trend. Meanwhile, China’s net annual population growth is between 8 million and 10 million, which leads to an increasing demand for paper and paperboard in China and promotes the development of China’s papermaking industry.However, the papermaking industry is dependent on forest resources which are scarce in China. As China tightens its environmental protection policies and the forest coverage rate decreases, the fiber materials for papermaking are in increasingly short supply. Besides, the labor costs in the Chinese manufacturing sector keeps rising. Therefore, China needs to import a large quantity of paper and paperboard to cover the shortage of domestic capacity.
The Chinese government has set no administrative barriers against paper and paperboard import, e.g. making paper and paperboard exclusive to state-owned enterprises, or introducing import quota administration for paper and paperboard. But import tariffs vary greatly among China’s paper and paperboard imports. For instance, the MFN rate and general rate on the commodity that has the heaviest tax burden is respectively 35% and 100%. The import tariffs on newsprint, kraft paper, etc. are lower with the lowest MFN rate being 2%.
According to this analysis, the import volume of paper and paperboard in China is rising in recent years. It reached 6.27 million tons in 2018, increasing by 122.3% as compared to 2014. And the import value reached USD 5.53 billion, increasing by 54% as compared to 2014.
The reasons for the growing paper and paperboard imports mainly include: (1) The price of imported paper and paperboard is lower than that of domestic counterparts; and (2) the quality of imported paper and paperboard is better than that of domestic counterparts. But market trends vary greatly among China’s paper and paperboard imports.Overall, product segments that have great price differences with domestic counterpart see faster growth. For example, with the development of Intermedia, the sales volume of newspaper, magazines and other print media is decreasing in China, which brings down the demand for newsprint. However, the import volume of newsprint in China grew by 860% from 2014 to 2018 because the price of imported newsprint was far lower than that of domestic newsprint.In recent years, the demand for liner board keeps rising with the rapid development of the e-commerce and logistics industries. As the import price differed little from the domestic market price, the import volume of liner board in China grew by only 65.10% from 2013 to 2017.

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