China simply arrange Nationwide Knowledge Administration to mine information for financial progress

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China simply arrange Nationwide Knowledge Administration to mine information for financial progress
China simply arrange Nationwide Knowledge Administration to mine information for financial progress


3. A whole lot of Baidu workers are working across the clock and borrowing laptop chips from different departments to prepare for the launch of Ernie Bot, Baidu’s reply to ChatGPT, this coming Thursday. (Wall Road Journal $)

4. Shou Zi Chew, TikTok’s CEO, has sought closed-door conferences with no less than half a dozen lawmakers in Washington, DC. He’s scheduled to look earlier than a congressional listening to relating to privateness and nationwide safety considerations about TikTok later this month. (Forbes $)

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5. China could management 32% of the world’s lithium mining capability by 2025, the funding financial institution UBS AG estimates. (Bloomberg $)

6. China reappointed Yi Gang as the top of the central financial institution, signaling continuity in its financial insurance policies. (AP

7. The “996” overwork tradition in China, embraced by tech firms just a few years in the past, just isn’t going away simply. An govt at a Chinese language auto firm lately requested its authorized division to determine “methods to keep away from authorized dangers” in asking workers to work on Saturdays. (Sixth Tone)

Misplaced in translation

In central China, a younger entrepreneur is reimagining retirement houses by educating the senior residents methods to play e-sports. As Chinese language gaming publication ChuApp stories, Fan Jinlin, a 25-year-old in Henan province, took over his household’s retirement home-based business after school. He began creating video content material in regards to the lives of the residents and shortly attracted hundreds of thousands of followers on Douyin, the Chinese language model of TikTok. 

In February 2022, he started constructing an e-sports room in his fifth retirement residence and recruiting seniors who’re serious about video video games. Zhang Fengqin, a 68-year-old retired financial institution clerk, is one in every of them. She noticed the information on Douyin and utilized. Quickly, she grew from somebody who didn’t even know methods to use a mouse to a proficient participant of Teamfight Ways, a preferred sport that doesn’t require fast reflexes as a lot as strategic pondering. Finally, Fan needs to construct an expert crew to play in tournaments, however to realize that, he would want no less than seven members like Zhang. Proper now he solely has three.

Yet another factor

The quantity 2,952 has disappeared from China’s social media platform Weibo. Why? As a result of President Xi Jinping prolonged his rule for an additional 5 years final week, having acquired 2,952 votes approving the extension—with zero opposed and nil abstaining—in China’s ceremonial legislative physique, the Nationwide Folks’s Congress. Whereas everybody knew Xi would get a 3rd time period, the truth that there was not a single opposition vote nonetheless bought individuals speaking about how pointless the process was. Just some days later, Weibo blocked search outcomes on the quantity.

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