China’s Xi Jinping calls for economic transition on Guizhou visit

China’s Xi Jinping calls for economic transition on Guizhou visit

During a visit to the southwestern province of Guizhou – one of China’s poorest and most indebted areas – President Xi Jinping called for the region to undertake an accelerated economic transition, improve its business climate and better integrate with the country’s other local economies. The president’s inspection tour to the mountainous province on Monday…

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China’s Shenzhen lays down marker for tech investment with US$22 billion pledge

China’s Shenzhen lays down marker for tech investment with US$22 billion pledge

China’s southern tech hub of Shenzhen plans to “fully compete” in emerging sectors such as artificial intelligence, announcing 160 billion yuan (US$22.07 billion) in “new-type infrastructure” investment for the year as it called on the city to embrace challenges like a “seabird braving the storm.” When delivering the city’s work report on Tuesday, Shenzhen Mayor…

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