wed closely by the US and Japan, the report revealed. The three countries own 74 percent of all issued AI patents globally.
The CISTP report noted that while China has the world’s secondlargest AI talent pool, it has a lower percentage of top talents.
By the end of 2017, China had amassed more than 18,000 AI specialists, behind only the US. But, Ch
ina had only 977 top-tier AI specialists, just one-fifth of the number in the US, ranking sixth globally.
“China’s strengths are mainly shown in AI applications and it is still weak on the front of core techn
ologies of AI, such as hardware and algorithm development,” the report noted. “China’s AI de
IJING – China’s new yuan-denominated loans stood at 3.23 trillion yuan ($477 billion) in
January 2019, up 328.4 billion yuan year-on-year, central bank data showed Friday.
velopment lacks top-tier talent and has a significant gap with developed countries, especially the US, in this regard.”
During this year’s Spring Rush (or chunyun), which started on Jan 21 and will end on March 1, Chinese people are expected to make about 2.99 billion trips. Th
is is equivalent to relocating the entire population of Africa, Europe, the Americas and Oceania in 40 days.
That China successfully manages the largest mass migration in the world shows the Chinese e
conomy remains vibrant and the country is moving toward overall prosperity. According to statistics from relevant de
partments, China’s total passenger transport capacity, including the railways, waterways and civil a
viation, during the 2019 chunyun is expected to increase by more than 5 percent over last year’s. Which means C
hina’s transportation authorities have made great efforts to optimize and improve passenger transfer services.
For passengers’ convenience, the authorities are widely applying smart and information tech
nologies to promote closer cooperation among the railways, civil aviation and road networks, and str
engthen the links among different transport modes, in order to provide the passengers with better “last-mile” services.
Hainan Island Circular High-Speed Railway has taken the lead in piloting e-ticket rail travel. The Haina
n railway project is aimed at replacing paper tickets with e-tickets, and making identity cards or certificates the travel vo
ucher, in order to establish a self-service entrance and exit, and self-service ticket change and refund mechanisms.
Tian Hongming, 67, has been dubbed the “last blacksmith by the fire” by the people of Changchun, capital of northeast China’s Jilin province.
Having picked up the skill of forging iron at the age of seven from his grandfather, Tian has made a living from the skill for more than half a century.
In the 1990s his business reached its peak, selling more than 80,000 iron products a year, Tian said.
With increaed industsrialization and the cheaper and more intricate iron products it brought however, Tian and his workshop went into decline.
Although fewer customers now choose handmade iron products, Tian sticks to the traditional craft and takes every order seriously.
In 2015 his skill was listed among the city’s intangible cultural heritages.
“Sometimes, the flow-line productions can’t meet the special needs of custo
mers, so the craft will never be replaced,” he said. “And I will continue my business as long as the market and customers need me.”
In a bid to improve the nation’s business environment, the China National Intellectual Property Administration will roll
out a new set of regulations on trademark filings to curb the “applications out of malice”.
The regulations draft has been publicized on the CNIPA website, soliciting suggestions and opinions from the public until March 14.
The move reflects a shift in policymakers’ focus from intellectual property quantity to quality, s
aid Li Shunde, a senior IP researcher at the Chinese Academy of Social Sciences.
Comprised of eight articles, the new regulations target “abnormal applications”, such as trademark sq
uatting, imitating established brands and filings with no intentions for actual use in industry or business.
The regulations, once they take effect, will also come as a severe blow to tradema
rk speculators, who apply for and stock trademarks for trade rather than industrial or business use.
ie Yifeng, president of the Realty Association of Asia-Pacific Cities, said the sliding sales
in January were due to seasonal factors and should not be regarded as a market trend.
“The Spring Festival was the main reason,” he said. “Property developers were not passionate about selling new proj
ects during the holiday, and it was not very realistic for banks to release housing loans before or during the holiday.”
“A significant index was the registered sold property on the government’s website, but government employees were on
a break too and the statistics of sold property registered on the government’s website were not getting a timely upd
ate,” he said. “The real statistics from last December to January will gradually start to be updated in March.”
In fact, Xie predicted the market in 2019 would be better than last year, as he said the real market indicators were the rising land prices and the amount of land sold.
“The decisive factor is the government’s decision on the shantytown redevelopment policy,” he added, pointing
out that this was expected during this year’s session of the National People’s Congress in March.
Zhang Bo, chief analyst at the 58 Anjuke Institute, said apart from buyers being skeptical tow
ard the price, the weakening intention for speculation was another factor contributing to the slow sales in lower-tier cities.
Imax box offices set a new record over the Chinese New Year period starting on Feb 5, grossing 217 million yuan ($32.3 million) across its 599 theaters in China.
Imax Corporation and Imax China said in a news release on Feb 11 that the results were driven by the
strong performances of three local-language films – The Wandering Earth, Crazy Alien and Peg
asus. The sales figures marked Imax China’s best Chinese New Year performance ever, up 40 percent year-on-year.
The Wandering Earth, China’s first big-budget sci-fi film, led the pack by grossing more than
185 million yuan in Imax theaters to become the highest grossing local-language film in Imax hi
story, surpassing Mojin: The Lost Legend. Imax screenings accounted for more than 9 percent of the film’s gross ov
erall takings. The film also set new Imax records for the biggest opening week, surpassing Avengers: Infinity War, as
well as the biggest single day and best three-day performance for a local-language title.
“We are very pleased with these record-breaking Chinese New Year results, which are particularly significant when com
pared to 2018’s record performance that was up 80 percent over the previous year,” said Imax CEO Richard L. Gelfond.
ower than the average salary for engineers in the state, which is about $60,000. In addition, having employees work 50-60 hours a week would be difficult.
“The US educational system is probably not even generating enough for the current deman
d in the United States with the economy strong and high-tech industry developing well,” said Jason Dedr
ick, professor at the School of Information Studies at Syracuse University.
“You already have a lot of companies, Google, Facebook, Amazon and so on, com
peting for those engineers. Apple or rather its suppliers, will be trying to hire en
gineers in a market that’s already pretty tight. It would not be really easy to do that hiring really quickly,” he added.
engineers, the college plans to expand their enrollment from around 4,500 to 5,200 in
the next few years. But after graduation, how many of the students will be hired by Foxconn is hard to say.
Robertson said many companies in need of e