This quarter’s data show that China is avoiding this

The consumer inflation rate was 1.8 percent year-on-year and produce

r prices went up only 0.2 percent. A standard rule of thumb used by central bankers wor

ldwide is that the inflation rate should be targeted at about 2 percent per year

. This rule is actually built in to the mandate of the European Central Bank. So, the stable monetary policy of the Peop

le’s Bank of China, the nation’s central bank, is working.

The March unemployment rate in urban areas was 5.

2 percent, slightly below the level last year. Most economists define “full employ

ment” as anything below 6 percent, so we are not seeing significant pro

blematic unemployment even during a period of major economic transformation.

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The zone is located in a labor-intensive area in Cambodi

 which means the project will provide a large number of jobs to lo

cal communities,” he said. “It is expected that up to 100,000 to 200,000 locals will be d

rawn to the new economic zone after its completion. They will rise out of poverty by working in this zone.”

The project will be beneficial to both China and Cambodia, Qian said.

“Many Chinese companies go overseas to expand their businesses. However, because of a la

ck of experience and related knowledge, most of them face huge obstacles abroad,” he said. “Our company has done overseas business for mo

re than 40 years and will provide a familiar business environment for other Chinese companies in the new economic zone.”

Some Chinese companies have decided to join the investment in the ne

w Cambodia project, Qian said, adding that in his opinion, a company should follow the nati

onal policy and direction such as Belt and Road Initiative while being profitable at the same time.

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As the bridge was being built the price of land in

Katembe rose, and industrial parks are being planned in the region,” Wang said. “So the bridge will deliver huge economic benefits.”

The project also benefits China. For example, as Mozambique is short of construction materials and equipment, the p

roject has driven the export of more than 70,000 metric tons of steel products and equipment worth $68 million from China.

Even though CRBC was no stranger to building bridges when it took

on the Maputo-Katembe project, particular difficulties were presented by the fact that

both countries have different evaluation systems and standards of construction, Wang said.

The bridge was designed to Chinese standards but subjected to local and European standards, and the company g

ot a German engineering services provider, Gauff, to oversee the project’s quality.

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Wang Zhiguo, chairman and president of Shenzhen

 Skyworth-RGB Electronic, a subsidiary of Skyworth Group, said the express helped reduce logistics time by more than 66 percent.

Enticed by the growing influence of China Railway Express on China-Europe trade, more compa

nies have signed agreements with Chengdu to conduct import-export logistics and production capacity coop

eration with Europe. They’ve also reached cooperative intention with local companies in bonded processing and logistics.

That includes electronics giant TCL Corp, Lenovo Group, the world’s

largest manufacturer of personal computers, and AVIC Chengdu Aircraft Industrial Co Ltd.

The production of Skyworth, TCL and electronics company Dell in Chengdu also saw significant growth.

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Thanks to Chengdu’s geographical advantages with

regard to the Belt and Road Initiative, local companies have linked to global markets more frequently. Companies that

used to lack the confidence to go global began taking the step. Companies that have had export business for years upg

raded their product structure and expanded their business to production capacity cooperation and technological export.

Chengdu Xinzhu Road and Bridge Machinery is a prime ex

ample. The company was founded as an infrastructure company, and its business has exp

anded to include new energy and railway traffic. In September 2018, the company’s production base at the China-Bela

rus Industrial Park in Minsk was launched to produce super capacitors used in buses. They’re the first high-tech manu

facturer to begin operation in the park. Before that, the company mainly exported parts used in roads and bridges’ construction.

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It’s Xinzhu’s first overseas production base, marking

 the first step of its overseas development.Du Xiaofeng, vice-president of the company, said it aims to serve members of the Commonweal

th of Independent States, the Eurasian Economic Union, and other Middle East and European marke

ts. He said the company will adopt localized management and hire a large number of Belarusian employees.

The company also introduced the core technology for medium- and low-speed maglev traffic system f

rom German company Max Bogl Group and put it into local production. Its production line is expected to be completed in June.

“Our overseas outreach has gradually transformed from technological and academic com

munications to capacity cooperation,” said Hu Jishi, senior counselor and technical director of the company.

More BRI-related countries and companies have found

business potential in Chengdu. The Sino-German small and medium-sized enter

prises cooperative park, Sino-French ecological park, Sino-Italian cultural innovation park, Sino-South Korean innovation and

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As the impact of higher deliveries and cost reduction

 take full effect, we expect to return to profitability in Q3 and significantly reduce our loss in Q2,” Musk said in a letter to investors.

The Silicon Valley company has weathered a challenging few months, marked by a sharp drop in the number of vehicl

es delivered to global customers during the quarter and a public spat between Musk and financial regulators.

Shares fell less than a percent to $258.00 in after-hours trade.

Satellite remote sensing has transformed environmental law enforcers into clairvoyants thanks to a

n app on drinking water sources developed by the Ministry of Ecology and Environment, People’s Daily reported.

Law enforcement on drinking water source protection zones is difficu

lt due to its unique characteristics – some drinking water source protection zones are as larg

e as thousands of square kilometers while some are located in remote mountainous areas which are hard to ac

cess. Therefore, traditional ground investigation to locate violators is high in cost and workload and low in timeliness.

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AI algorithms also give the images a much higher defin

Nevertheless, while the team once thought that AI offered all th

e solutions, a new question soon arose. Audience members asked: “Where’s the original flavor?”

After restoring the images to their original state, they soon began to realize that people still needed some nostalgia. For examp

le, old series made by Hong Kong-based company TVB usually have yellowing images, but many viewers co

mplained that its retro ambience had vanished after the color cast was corrected, Jiang says.

“People then said our restored version looked like a camera filter has been ad

ded,” Pei says with a bitter smile. “We then had to go back and adapt our methods.”

More complicated algorithms were later developed to carry out a tailored plan for each type of ser

ies, including those by TVB, Chinese mainland productions from the 1980s and Taiwan productions of the 199

0s. Some techniques in hands-on restorations were introduced later too, as Pei confesses even the best AI cannot handle every case.

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People’s tastes are more highly developed,” Jiang says

 “We just want to give people the same feeling watching them on digital devices today as they had on small TV screens years ago.”

More than 300 TV series have been restored since November, and Pei says all their da

ta has gradually helped to build up a database, which will further improve the algorithms.

In March, the restored edition of 2003’s Legend of the Dragonslayer Sword was released online through Youku. Unexpected

ly, it soon climbed into the top 10 list of most-viewed drama series on the platform, with all the others being new productions.

Jiang points out that many adaptations of old classics are now being made following the rise of online streaming media platforms.

“But they are often heavily criticized,” he says. “I don’t know whether it is because the performances are so poor. However, if we c

an make the original productions look just like new ones through restoration, people can at least have more choice.”

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The restriction applies to vehicles traveling out of Beiji

ng between 7 am and 11 am and to those entering the city from outside Beijing between 5 pm and 10 pm. Violators will be fined 100 yuan.

Also part of support measures for visitors to the event, construction of 11 temporary parking lots was completed earlier this mo

nth. The parking lots, with a total area of 106.04 hectares, can accommodate more than 20,000 vehicles.Tan Choon Ho

ng, a Malaysian man of Chinese descent, is deputy project manager of the Penang STP2 Project Management Office unde

r China Communication Construction (M) SDN BHD. His wife tells us how the company stimulates the develo

pment of the local economy, enriches the lives of local residents and makes overseas Chinese proud.

Every year, about 5,000 people with potentially deadly head and neck cancer come to S

un Yat-sen University Cancer Center, the world’s busiest medical facility treating the disease.

Ma Jun, a specialist in nasopharyngeal cancer who has worked at the

hospital in Guangdong province for 34 years, says every patient has a heart-wrenching story.

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