A moped rider passes by a Sam’s Club outlet in Nanjing, Jiangsu province. YANG BO/CHINA NEWS SERVICE US retailer Walmart has sold its entire $3.7 billion stake in Chinese e-commerce platform JD and is shifting the focus to its operations in China, a move industry experts said will not have an influence on the strategic partnership … Continue reading Walmart offloads $3.7b stake in JD
Tag: yang
Fintech, large language models match made in heaven
A judge comments on projects during the HICOOL Global Entrepreneur Competition in Beijing in June. [Photo provided to China Daily] The rapid emergence of new technologies, particularly AI represented by large language models, is driving transformative changes in China’s financial sector. However, more efforts are needed to overcome regulatory and ethical challenges to fully tap … Continue reading Fintech, large language models match made in heaven
Further limits on securities refinancing urged
A pedestrian touches the Bund Bull in Shanghai. BLOOMBERG/GETTY IMAGES As investor confidence in China’s A-share market has yet to substantially improve, finance experts stressed the need to further limit securities refinancing activity or potentially even halt it to ensure market fairness and stability. In essence, the securities refinancing market enables listed companies’ major shareholders … Continue reading Further limits on securities refinancing urged
Yang Lan: AI helps humans live more like humans
In a recent discussion, Kai-Fu Lee, a leading AI expert worldwide, and Yang Lan, a leading broadcast journalist, shared their perspectives on the evolving role of AI in daily life. Lee emphasized that humans inherently seek meaningful interactions with others rather than with AI, and that elderly people prefer human care over AI assistance. Yang … Continue reading Yang Lan: AI helps humans live more like humans
State Grid helps boost rural vitalization in Henan with enhanced efforts
Safe electricity usage is explained by a staff member from State Grid Xuchang Power Supply Co in Gucheng village, Xuchang, Henan province, on April 9. [Photo provided to chinadaily.com.cn] Looking at his village’s 8-hectare fruit and vegetable greenhouses in the prefecture-level city of Xuchang in Henan province, Party secretary Yang Yalin beamed with delight: “Our … Continue reading State Grid helps boost rural vitalization in Henan with enhanced efforts
Lenovo eyes AI opportunities with comprehensive business transformation
Yang Yuanqing, chairman and CEO of Lenovo. [Photo provided to chinadaily.com.cn] Chinese tech company Lenovo Group Ltd aims to seizes artificial intelligence opportunities with comprehensive business transformation and enhanced research and development capabilities, company chairman and CEO said. Yang Yuanqing, chairman and CEO of Lenovo, said in the face of challenges, Lenovo successfully rebounded and … Continue reading Lenovo eyes AI opportunities with comprehensive business transformation
AI tech comes to the aid of social causes
The fourth Light Technology Public Welfare Creation Camp, a science and technology public welfare platform launched by Tencent Holdings, kicks off in Lijiang, Yunnan province, in February. [Photo/China Daily] Often, during his formative years, a 500-year-old majestic ginkgo tree that did not sprout leaves for two to three years at a stretch used to be … Continue reading AI tech comes to the aid of social causes