A robot hand picks up a ball during the 2024 World AI Conference in Shanghai, July 4, 2024. [Photo/Xinhua] Contrary to widespread concerns that it may replace human jobs, artificial intelligence will actually create opportunities for new businesses, fostering innovation and skill development of workers both in China and other parts of the world, according … Continue reading AI, free trade seen as boon for world
Tag: businesses
SOEs told to limit involvement in financial institutions
Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing. [Photo/Agencies] China’s centrally administered State-owned enterprises will be prohibited from establishing, acquiring or taking new stakes in financial institutions, according to information released by the country’s top State-owned assets regulator on Tuesday. As part of efforts to enhance the regulatory … Continue reading SOEs told to limit involvement in financial institutions