s become a driving force behind economic growth, and interne
t companies should concentrate on making breakthroughs in core technologies.
“The country is narrowing the gap with developed countries, especially in autonomo
us driving, cooperative vehicle-infrastructure systems and intelligent transportation. We started a little late, but o
ur pace is faster and our potential is bigger,” said Robin Li, chairman and CEO of leading Chinese search engine Baidu Inc.
He noted that AI will have an impact on the internet and China should firmly grasp the historic opportuni
ties of AI, and the country’s efforts in technological innovations will begin gradually changing the world.
Pony Ma, chairman and CEO of Tencent Holdings Ltd, said the e-government is becoming the driving force for cons
truction of a digital China and high-quality social and economic development, and internet firms should co
nsolidate basic research and focus on making breakthroughs in core technologies.
hinese sales of passenger vehicles, MPVs, SUVs and minivans in March dropped 12 percent on a yearly basis to 1.78 million units.
This is the 10th consecutive monthly decrease, according to the C
hina Passenger Car Association (CPCA), Changjiang Times reported.
The MPV sector saw the largest sales decline, 20.2 percent to 130,000 units in the pas
t month, while SUVs and sedans dropped 10.7 and 12 percent, respectively.
The decreases in 2019’s first quarter are mild compared with those at the end of the last year, CPCA said.
As the State-VI emission standards will be implemented from July 1 this
year, some Japanese brands have launched corresponding products ahead of their co
unterparts, and performed well in sales and consumer confidence, CPCA said.
“Automobile sales in North China, and those in the county and township level, are still weak,” the association added.
Apple Inc on Friday said it is canceling the AirPower wireless charging mat that
the company announced in 2017 on t
he same day as its iPhone X, a rare public retreat for the gadget maker known for splashy product launches.
The mat was intended to wirelessly charge up to three Apple products at
once, such as an iPhone, Apple Watch and AirPods wireless headphones.
While wireless charging has spread through the gadget industry, chargi
ng three devices at once with higher wattage “fast charging” has proved challengi
ng. Furniture seller Ikea, for example, sells a $60 matt that can handle three
phones but it only features slower 5-watt charging.
In a statement, Apple said that it had concluded that its AirPower mat “will
not achieve our high standards.”
“We apologize to those customers who were looking forward to this launch,”
Dan Riccio, Apple’s senior vice president of Hardware Engin
eering, said in the statement. “We continue to believe that the future is
wireless and are committed to push the wireless experience forward.”
ith so many applications in different parts of industry and the economy, and we want agreements, project by project.”
Raffarin was appointed special envoy on China affairs by French President Emmanuel Mac
ron. He pointed out that it is not pragmatic to have an agreement about every industrial sector, because, as sovereig
n states, both countries need to protect the interests of their own businesses and industries.
“It’s easier to go project by project, and, after some experience, we can add a larger vision,” Raffarin said.
His comments came after Italy signed a BRI memorandum of understanding with China during
Xi’s visit to Rome last week to become the first G7 country to join the global infrastructure plan.
According to China’s Ministry of Commerce, from January to November 2018, China’s direct investment in France reached $330 mil
lion. China’s growing investment in Europe has prompted concerns in the West, which Raffarin thinks are misplaced.
mote the reform and opening-up. There are many things in the pipeline for foreign direct i
nvestment. The government plans to allow many companies in different kinds of sectors. In this
upcoming session, the new law regarding foreign direct investment will be discussed. I believe more Sudanese co
mpanies will be allowed to come to China and more Chinese companies will go to Sudan.
I noticed many important things mentioned in today’s report. It talk
s about employment, the protection of the environment, the opening-up of the Chin
ese economy and external trade, which are very impressive. As an ambassador, I wish success to the Chin
ese government in the coming year and I’d like to see more Chinese investors invest in Tunisia.
When it comes to the opening-up of the financial sector, the bond mark
et, the development of multi-tier capital market, the continued emphasis on controlling lev
erage, I think those are some of the issues that we are very interested in. And we are going to study the report.
We haven’t seen the final version of the Foreign Investment Law yet. We
will look at it. But further opening up, especially related to service sector, is very imp
ortant. I think it will bring big benefits for China and big benefits to all the countries in the world.