The European Commission will invest 3 million euros ($3.18 million) to set up a research and innovation center in China as part of its efforts to deepen EU-China scientific and technological cooperation.The center is the first EC-funded center in China that focuses on research and development. It will be headquartered in Beijing, and have networks in other cities on the mainland.Its services will range from organizing events to increasing exchanges between Chinese and European researchers, to producing reports about the situation in China on scientific and technological innovation.It will also...
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2016
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Robots will play a key role in the care of China’s elderly within five years, according to a national robotics industry development guideline. In Hangzhou, Zhejiang province, robots already act as caretakers and companions for the elderly in rest homes.Hangzhou’s social welfare center began to use Ah Tie robots in May. Each robot is 80 centimeters tall and weighs 15 kilograms. They are also equipped with two 5-megapixel cameras to identify patients.The producer of Ah Tie robots said they aim to collect more data from users during this trial period at the center. Additional data will help to ad...
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2016
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With the world’s largest number of 4G users, China’s internet operators and telecom equipment makers are scrambling to gain an edge in the global race to develop 5G, or the fifth generation mobile communication technology.This new generation of the internet will allow consumers to download an 8-gigabit movie in seconds and execute tasks that are thrilling but impossible in the 4G era, such as self-driving cars and the internet of things.Chinese firms are working hard to put 5G into trial operation in 2018, after connecting more than 680 million users to 4G networks within two years.Wen Ku, dir...
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2016
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China is accelerating research work into digital currency as the country hopes to use new techniques to digitize paper currency and make transactions more transparent and efficient.Since China floated plans for a legally-backed digital currency in 2014, two rounds of revisions have been made to the original plan while further research is still underway, according to Yao Qian, the central bank official leading the digital currency research center.China will first introduce the currency in certain money markets and promote its use in a gradual and cautious way, Yao said, without giving a specifi...
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2016
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The third World Internet Conference (WIC) that opened on Tuesday and will last till Friday, has attracted more than 300 enterprises from across the world. It comes against the background of China’s evolution into the world’s second-largest economy with the world’s largest base of internet users and a dynamic homegrown internet-driven industry.Global corporate icons, including Microsoft Corp and IBM Corp, and domestic giants such as Alibaba Group Holding Ltd and Lenovo Group Ltd, are showcasing their latest products in a 22,000-square-meter exhibition center.A number of Chinese enterprises are ...
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2016
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