CITIC Group unveils its AI plans

CITIC’s financial service business units will focus on the AI applications in intelligent customer service, wealth management, and intelligent risk control, Wang Guoquan, the group’s vice-president, said on Friday. [Photo provided to chinadaily.com.cn] CITIC Group will strive to come up with over 50 in-depth applications powered by artificial intelligence to nurture specific foundation models for … Continue reading CITIC Group unveils its AI plans

Canon to expand footprint in China with stronger local ties

Visitors check out Canon products while performers wearing traditional Chinese apparel stage a performance during a camera expo in Beijing on Friday. [DU JIANPO/FOR CHINA DAILY] Japanese tech company Canon Inc will intensify efforts to deepen cooperation with its Chinese partners and further tap the immense potential of China’s consumer market, given that new business … Continue reading Canon to expand footprint in China with stronger local ties

China’s medical technology shows world-leading signs in some fields

AstraZeneca and five Wuxi-based local innovative biomedical enterprises release a collaborative overseas plan in Wuxi, Jiangsu province, on Friday. [Photo provided to chinadaily.com.cn] In the process of going international, China’s medical technology has shown signs of overtaking and leading the world in some fields, such as cell therapy, gene editing and some medical equipment, said … Continue reading China’s medical technology shows world-leading signs in some fields

China looks to strengthen regulation in capital market

People walk past the new Shanghai Stock Exchange building in Shanghai on March 29, 2023. [WANG GANG/FOR CHINA DAILY] The China Securities Regulatory Commission has announced to elevate IPO requirements, tighten delisting rules and strengthen the oversight of quantitative trading in a set of policy documents on Friday. The latest move is part of the … Continue reading China looks to strengthen regulation in capital market