China nurse kneels to apologise for post-procedure bleeding, gains 100 million views
一位上海护士因在病人面前下跪道歉而引发广泛关注。 这名来自仁济医院的年轻护士在为病人拔针后出现出血情况，随后她跪在病人面前，恳求原谅。事件视频在社交媒体上迅速传播，浏览量超过1亿次，引发了公众对于医护人员工作压力的讨论。
据报道，事发时有旁观者指责护士，而院方表示，由于病人家属坚持要求道歉，这名护士担心遭到投诉影响工作，不得已才选择下跪。院方还透露，这名护士工作经验尚浅，可能缺乏应对此类情况的经验和心理承受能力。此事在网上引发热议，许多人对护士表示同情，认为她的下跪象征着医疗行业普遍存在的压力和无奈。
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一位上海护士因在病人面前下跪道歉而引发广泛关注。 这名来自仁济医院的年轻护士在为病人拔针后出现出血情况，随后她跪在病人面前，恳求原谅。事件视频在社交媒体上迅速传播，浏览量超过1亿次，引发了公众对于医护人员工作压力的讨论。
据报道，事发时有旁观者指责护士，而院方表示，由于病人家属坚持要求道歉，这名护士担心遭到投诉影响工作，不得已才选择下跪。院方还透露，这名护士工作经验尚浅，可能缺乏应对此类情况的经验和心理承受能力。此事在网上引发热议，许多人对护士表示同情，认为她的下跪象征着医疗行业普遍存在的压力和无奈。
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Saudi Arabia, Qatar and UAE project ‘convening power’ as global conflict mediators
Gulf monarchies, including Saudi Arabia, Qatar, and the UAE, are increasingly playing a significant role in mediating global conflicts, from Gaza to Ukraine. This reflects a growing international perception that these nations possess the necessary connections and influence to effectively facilitate resolutions.
Analysts suggest that Gulf Cooperation Council (GCC) states are uniquely positioned as mediators due to their ability and willingness to engage with all parties involved in conflicts, unlike major powers often perceived as overly invested to be impartial. Their "convening power" allows them to leverage extensive global relationships to maintain dialogue and create conditions conducive to direct engagement between adversaries, as demonstrated by Qatar's role in Afghanistan and Gaza.
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Gulf monarchies, including Saudi Arabia, Qatar, and the UAE, are increasingly playing a significant role in mediating global conflicts, from Gaza to Ukraine. This reflects a growing international perception that these nations possess the necessary connections and influence to effectively facilitate resolutions.
Analysts suggest that Gulf Cooperation Council (GCC) states are uniquely positioned as mediators due to their ability and willingness to engage with all parties involved in conflicts, unlike major powers often perceived as overly invested to be impartial. Their "convening power" allows them to leverage extensive global relationships to maintain dialogue and create conditions conducive to direct engagement between adversaries, as demonstrated by Qatar's role in Afghanistan and Gaza.
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Hong Kong budget 2025: 13 things you need to know
香港财政司司长陈茂波宣布一系列措施，旨在严格控制政府开支，以应对2024-25财政年度预计的872亿港元赤字和下一年度的670亿港元赤字。政府还将发行债券并提高收费，以增加收入，目标是在2025-26年度大致实现运营账户的平衡，并在2026-27年度恢复盈余。
尽管运营账户有望恢复盈余，但政府预计未来五个财政年度的资本账户将出现赤字，并从2026-27年度开始逐年下降。这是因为政府仍然致力于启动公共工程项目，预计未来五年平均每年支出1200亿港元。为了支持基础设施项目的支出，政府将利用运营账户的盈余或财政储备，并通过发行债券来利用市场力量，计划每年发行约1500亿至1950亿港元的债券。
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香港财政司司长陈茂波宣布一系列措施，旨在严格控制政府开支，以应对2024-25财政年度预计的872亿港元赤字和下一年度的670亿港元赤字。政府还将发行债券并提高收费，以增加收入，目标是在2025-26年度大致实现运营账户的平衡，并在2026-27年度恢复盈余。
尽管运营账户有望恢复盈余，但政府预计未来五个财政年度的资本账户将出现赤字，并从2026-27年度开始逐年下降。这是因为政府仍然致力于启动公共工程项目，预计未来五年平均每年支出1200亿港元。为了支持基础设施项目的支出，政府将利用运营账户的盈余或财政储备，并通过发行债券来利用市场力量，计划每年发行约1500亿至1950亿港元的债券。
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Huawei teases HarmonyOS Next smartphone with ‘new form factor’ as related stocks jump
Huawei is teasing a new smartphone powered by its HarmonyOS Next platform, signaling a major step in its move away from Android and towards a fully self-reliant ecosystem. Richard Yu Chengdong, chairman of Huawei’s consumer business group, announced the planned March unveiling of a device with a "new form factor," highlighting breakthroughs in hardware, software, and the app ecosystem. The announcement has already stirred excitement and speculation, boosting related stocks.
This move is driven by US trade sanctions that restrict Huawei's access to US-origin technologies. HarmonyOS Next, the latest version of Huawei's operating system, no longer supports Android apps, pushing the company to foster its own ecosystem. Major Chinese tech companies like Tencent, ByteDance, Alibaba, and Meituan are reportedly optimizing their apps for the new device. Some reports suggest the new phone could be a foldable smartphone, further adding to the anticipation surrounding the launch.
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Huawei is teasing a new smartphone powered by its HarmonyOS Next platform, signaling a major step in its move away from Android and towards a fully self-reliant ecosystem. Richard Yu Chengdong, chairman of Huawei’s consumer business group, announced the planned March unveiling of a device with a "new form factor," highlighting breakthroughs in hardware, software, and the app ecosystem. The announcement has already stirred excitement and speculation, boosting related stocks.
This move is driven by US trade sanctions that restrict Huawei's access to US-origin technologies. HarmonyOS Next, the latest version of Huawei's operating system, no longer supports Android apps, pushing the company to foster its own ecosystem. Major Chinese tech companies like Tencent, ByteDance, Alibaba, and Meituan are reportedly optimizing their apps for the new device. Some reports suggest the new phone could be a foldable smartphone, further adding to the anticipation surrounding the launch.
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China strives to end vicious price wars plaguing several industries
China's market regulator has met with leading solar, automotive, and tech companies to address the issue of "involution," or cutthroat competition, that is negatively impacting these sectors. The meeting included representatives from companies like Trina Solar, JA Solar Technology, Longi Green Energy Technology, Alibaba Group, JD.com, BAIC Group, and Mercedes-Benz, who shared their concerns about unsustainable competition levels.
The companies provided suggestions on antitrust measures, fair competition reviews, and compliance guidance to combat the problem. This move reflects increasing concern from Chinese authorities about "neijuan," a cycle where companies invest heavily without proportional returns, largely due to industrial overcapacity, particularly in electric vehicles and solar energy. The Politburo and top leaders have recently emphasized the need to prevent and rectify this "involutionary competition."
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China's market regulator has met with leading solar, automotive, and tech companies to address the issue of "involution," or cutthroat competition, that is negatively impacting these sectors. The meeting included representatives from companies like Trina Solar, JA Solar Technology, Longi Green Energy Technology, Alibaba Group, JD.com, BAIC Group, and Mercedes-Benz, who shared their concerns about unsustainable competition levels.
The companies provided suggestions on antitrust measures, fair competition reviews, and compliance guidance to combat the problem. This move reflects increasing concern from Chinese authorities about "neijuan," a cycle where companies invest heavily without proportional returns, largely due to industrial overcapacity, particularly in electric vehicles and solar energy. The Politburo and top leaders have recently emphasized the need to prevent and rectify this "involutionary competition."
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Why the US should stop trying to target Chinese tech
China's rapid advancements in artificial intelligence are becoming the norm, with companies like DeepSeek emerging to challenge established AI models. The recent unveiling of DeepSeek's R1 model, which rivals its competitors, highlights China's capacity for innovation in the AI sector, despite facing geopolitical headwinds.
Following DeepSeek's debut, US federal agencies swiftly banned the use of its technology, citing national security and data privacy concerns. However, these restrictions may inadvertently fuel further innovation within China, mirroring the experience of Huawei, which overcame US sanctions to develop advanced chips and 5.5G technology. By optimizing software to circumvent hardware limitations, DeepSeek demonstrates how Chinese companies are adapting and thriving in the face of US export controls on advanced AI chips.
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China's rapid advancements in artificial intelligence are becoming the norm, with companies like DeepSeek emerging to challenge established AI models. The recent unveiling of DeepSeek's R1 model, which rivals its competitors, highlights China's capacity for innovation in the AI sector, despite facing geopolitical headwinds.
Following DeepSeek's debut, US federal agencies swiftly banned the use of its technology, citing national security and data privacy concerns. However, these restrictions may inadvertently fuel further innovation within China, mirroring the experience of Huawei, which overcame US sanctions to develop advanced chips and 5.5G technology. By optimizing software to circumvent hardware limitations, DeepSeek demonstrates how Chinese companies are adapting and thriving in the face of US export controls on advanced AI chips.
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Budget 2025: Hong Kong to bolster role in wealth, listings, digital assets, yuan
Hong Kong's latest budget aims to bolster its position as an international financial center and yuan trading hub through measures promoting wealth management, family offices, new share listings, and yuan-denominated business. Financial Secretary Paul Chan emphasized the city's commitment to high-quality development of its financial market to create new growth opportunities.
The budget includes plans for the Hong Kong Exchanges and Clearing (HKEX) to establish a "technology enterprises channel" to facilitate listings for specialist technology and biotechnology companies, particularly those already listed in mainland China. Furthermore, the government will review regulations to promote the issuance of tokenized bonds, with the Hong Kong Monetary Authority preparing its third round of such bonds. Chan projects Hong Kong will become the world's largest cross-boundary wealth-management center by 2028, noting that the city already held approximately HK$31 trillion (US$4 trillion) in assets under management at the end of 2023.
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Hong Kong's latest budget aims to bolster its position as an international financial center and yuan trading hub through measures promoting wealth management, family offices, new share listings, and yuan-denominated business. Financial Secretary Paul Chan emphasized the city's commitment to high-quality development of its financial market to create new growth opportunities.
The budget includes plans for the Hong Kong Exchanges and Clearing (HKEX) to establish a "technology enterprises channel" to facilitate listings for specialist technology and biotechnology companies, particularly those already listed in mainland China. Furthermore, the government will review regulations to promote the issuance of tokenized bonds, with the Hong Kong Monetary Authority preparing its third round of such bonds. Chan projects Hong Kong will become the world's largest cross-boundary wealth-management center by 2028, noting that the city already held approximately HK$31 trillion (US$4 trillion) in assets under management at the end of 2023.
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CICC to merge with Galaxy Securities to form China’s third-largest brokerage, sources say
中国国际金融公司(CICC)预计将与中国银河证券合并，这将打造一家资产达1930亿美元的中国第三大券商。该合并计划已获得中国监管部门的支持，预计将在未来几周内宣布。此次合并是近几个月来中国1.6万亿美元证券行业的第二起大型合并案。
据悉，中金公司和银河证券都将通过换股的方式进行合并，两家券商的最大股东均为中国投资有限责任公司(CIC)。合并后的实体总资产将达到1.4万亿元人民币（约合1930亿美元），有望超越华泰证券成为中国第三大券商。该计划尚需获得监管机构和股东的批准。此举正值中国政府致力于建立大型且具有竞争力的本土投资银行之际，以对抗近年来已完全控制其中国业务并寻求更大市场份额的全球银行，如高盛和摩根士丹利。
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中国国际金融公司(CICC)预计将与中国银河证券合并，这将打造一家资产达1930亿美元的中国第三大券商。该合并计划已获得中国监管部门的支持，预计将在未来几周内宣布。此次合并是近几个月来中国1.6万亿美元证券行业的第二起大型合并案。
据悉，中金公司和银河证券都将通过换股的方式进行合并，两家券商的最大股东均为中国投资有限责任公司(CIC)。合并后的实体总资产将达到1.4万亿元人民币（约合1930亿美元），有望超越华泰证券成为中国第三大券商。该计划尚需获得监管机构和股东的批准。此举正值中国政府致力于建立大型且具有竞争力的本土投资银行之际，以对抗近年来已完全控制其中国业务并寻求更大市场份额的全球银行，如高盛和摩根士丹利。
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Southwest airliner narrowly avoids colliding with business jet at Chicago airport
<p><strong>一架西南航空的航班在芝加哥中途机场降落时被迫中止，险些与一架未经授权进入跑道的公务机相撞。</strong>美国联邦航空管理局（FAA）表示，西南航空2504号航班，一架从内布拉斯加州奥马哈飞来的波音737-800型飞机，在跑道上空突然拉升，飞越了一架FlexJet挑战者公务机。</p> <p>这起事件发生在周二上午8点50分左右。社交媒体上流传的视频显示，西南航空的飞机接近着陆时突然急剧上升。根据航班跟踪服务Flightradar 24的数据，当时西南航空的飞机已经下降到50英尺（约15米）的高度，距离公务机仅约2050英尺（625米）。FAA和国家运输安全委员会正在对此事进行调查。西南航空表示，机组人员“遵循了安全程序，航班安全降落”。</p>
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<p><strong>一架西南航空的航班在芝加哥中途机场降落时被迫中止，险些与一架未经授权进入跑道的公务机相撞。</strong>美国联邦航空管理局（FAA）表示，西南航空2504号航班，一架从内布拉斯加州奥马哈飞来的波音737-800型飞机，在跑道上空突然拉升，飞越了一架FlexJet挑战者公务机。</p> <p>这起事件发生在周二上午8点50分左右。社交媒体上流传的视频显示，西南航空的飞机接近着陆时突然急剧上升。根据航班跟踪服务Flightradar 24的数据，当时西南航空的飞机已经下降到50英尺（约15米）的高度，距离公务机仅约2050英尺（625米）。FAA和国家运输安全委员会正在对此事进行调查。西南航空表示，机组人员“遵循了安全程序，航班安全降落”。</p>
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Chinese scientists build world’s first jet fuel-powered engine for Mach 16 flight
Chinese scientists have successfully tested the world's first oblique detonation engine (ODE) powered by standard aviation kerosene, potentially revolutionizing hypersonic propulsion. This breakthrough could significantly alter the landscape of air and space travel by enabling faster and more efficient propulsion systems.
The experiments, conducted at Beijing's JF-12 shock tunnel, achieved sustained oblique detonation waves using RP-3 jet fuel, a common commercial kerosene. Unlike scramjets, which struggle at high Mach speeds, the ODE uses shock waves to induce ultra-fast, self-sustaining explosions, achieving combustion rates 1,000 times faster. Tests at Mach 9 revealed pressure spikes indicating the engine's capability to generate considerable thrust where scramjets falter, suggesting operational capability between Mach 6 and Mach 16.
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Chinese scientists have successfully tested the world's first oblique detonation engine (ODE) powered by standard aviation kerosene, potentially revolutionizing hypersonic propulsion. This breakthrough could significantly alter the landscape of air and space travel by enabling faster and more efficient propulsion systems.
The experiments, conducted at Beijing's JF-12 shock tunnel, achieved sustained oblique detonation waves using RP-3 jet fuel, a common commercial kerosene. Unlike scramjets, which struggle at high Mach speeds, the ODE uses shock waves to induce ultra-fast, self-sustaining explosions, achieving combustion rates 1,000 times faster. Tests at Mach 9 revealed pressure spikes indicating the engine's capability to generate considerable thrust where scramjets falter, suggesting operational capability between Mach 6 and Mach 16.
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China must reduce steelmaking capacity by 15% over next 5 years to meet green targets
中国需要在未来五年内大幅削减钢铁产能，以实现其绿色能源目标。由于对已经面临产能过剩的钢铁行业征收的关税不断增加，中国对煤炭的依赖正在加剧。为了缓解贸易紧张局势，中国国内钢铁产量必须大幅减少并加速绿色化。
能源与清洁空气研究中心（CREA）的数据显示，到2025年，中国煤基高炉（BF）产能必须从2020年的水平减少至少2亿吨/年（Mtpa），这大约是中国钢铁产能的15%，相当于欧盟的总产能。该组织表示，从2026年到2030年，还需要再减少1.5亿吨/年。钢铁行业对煤炭的严重依赖占中国总碳排放量的17%，使其成为中国第二大排放源。
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中国需要在未来五年内大幅削减钢铁产能，以实现其绿色能源目标。由于对已经面临产能过剩的钢铁行业征收的关税不断增加，中国对煤炭的依赖正在加剧。为了缓解贸易紧张局势，中国国内钢铁产量必须大幅减少并加速绿色化。
能源与清洁空气研究中心（CREA）的数据显示，到2025年，中国煤基高炉（BF）产能必须从2020年的水平减少至少2亿吨/年（Mtpa），这大约是中国钢铁产能的15%，相当于欧盟的总产能。该组织表示，从2026年到2030年，还需要再减少1.5亿吨/年。钢铁行业对煤炭的严重依赖占中国总碳排放量的17%，使其成为中国第二大排放源。
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Malaysia steps up removal of porn posts, urges tech firms to do their part
马来西亚政府自2022年以来已从社交媒体上删除了近2000个色情帖子和广告，并提醒科技公司有义务屏蔽“不适当的内容”。通讯部长Fahmi Fadzil在马来西亚下议院表示，2022年至今年2月15日期间，共有1993个包含色情内容的帖子和广告被删除。
Fahmi补充说，同期还有3670个网站因展示不适当内容而被屏蔽。政府已要求拥有至少800万用户的社交媒体和在线消息平台从今年开始注册为应用程序服务提供商。他还强调，社交媒体平台有责任避免发布不适当的内容，并表示他的部门有一个专门的团队来处理有害的在线内容。此外，针对议员提出的关于加强措施以阻止对马来西亚王室和政治家的诽谤和煽动行为的要求，Fahmi表示，任何散布诽谤的人都将面临法律后果。
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马来西亚政府自2022年以来已从社交媒体上删除了近2000个色情帖子和广告，并提醒科技公司有义务屏蔽“不适当的内容”。通讯部长Fahmi Fadzil在马来西亚下议院表示，2022年至今年2月15日期间，共有1993个包含色情内容的帖子和广告被删除。
Fahmi补充说，同期还有3670个网站因展示不适当内容而被屏蔽。政府已要求拥有至少800万用户的社交媒体和在线消息平台从今年开始注册为应用程序服务提供商。他还强调，社交媒体平台有责任避免发布不适当的内容，并表示他的部门有一个专门的团队来处理有害的在线内容。此外，针对议员提出的关于加强措施以阻止对马来西亚王室和政治家的诽谤和煽动行为的要求，Fahmi表示，任何散布诽谤的人都将面临法律后果。
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Hong Kong to raise airport departure tax by 67% to HK$200 later in 2025
香港将从2025年第三季度起，将机场离境税提高67%至200港元（26美元），以增加收入并应对872亿港元的赤字。财政司司长陈茂波在年度预算案中强调，香港不计划引入新税种，并将保持“简单低税制”的竞争力。
陈茂波宣布，机场离境税将从120港元提高到200港元。预计政府每年将增加约16亿港元的收入，而对航空旅客的影响预计将是最小的。目前许多主要经济体都存在机场离境税，例如美国约为40美元，德国为42美元，新加坡为52新加坡元。
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香港将从2025年第三季度起，将机场离境税提高67%至200港元（26美元），以增加收入并应对872亿港元的赤字。财政司司长陈茂波在年度预算案中强调，香港不计划引入新税种，并将保持“简单低税制”的竞争力。
陈茂波宣布，机场离境税将从120港元提高到200港元。预计政府每年将增加约16亿港元的收入，而对航空旅客的影响预计将是最小的。目前许多主要经济体都存在机场离境税，例如美国约为40美元，德国为42美元，新加坡为52新加坡元。
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2 subsidiaries of debt-ridden Hong Kong contractor Paul Y sued for HK$9.5 million
Mankey Construction Company is suing two subsidiaries of Paul Y Engineering Group for over HK$9.5 million (US$1.2 million) in compensation, alleging unpaid debts from multiple public construction projects. The lawsuits target Paul Y Construction Co and Paul Y General Contractors, claiming they failed to pay Mankey for completed work on projects including a fire training facility at the airport and a residential development in Kwun Tong.
Mankey alleges Paul Y General Contractors owes over HK$3.7 million, while Paul Y Construction Co owes HK$5.8 million for subcontracted work completed between November 2020 and July 2024. The legal action comes after Paul Y Engineering Group sought to appoint provisional liquidators for five subsidiaries to address debt issues and develop a restructuring plan, impacting ongoing projects like the Hung Shui Kiu Phase 2 rehousing estates and the Kai Tak development.
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Mankey Construction Company is suing two subsidiaries of Paul Y Engineering Group for over HK$9.5 million (US$1.2 million) in compensation, alleging unpaid debts from multiple public construction projects. The lawsuits target Paul Y Construction Co and Paul Y General Contractors, claiming they failed to pay Mankey for completed work on projects including a fire training facility at the airport and a residential development in Kwun Tong.
Mankey alleges Paul Y General Contractors owes over HK$3.7 million, while Paul Y Construction Co owes HK$5.8 million for subcontracted work completed between November 2020 and July 2024. The legal action comes after Paul Y Engineering Group sought to appoint provisional liquidators for five subsidiaries to address debt issues and develop a restructuring plan, impacting ongoing projects like the Hung Shui Kiu Phase 2 rehousing estates and the Kai Tak development.
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China’s Premier Li makes house call to state telecoms as Beijing dials in on innovation
中国国务院总理李强近日敦促中国三大电信巨头加快技术研究和创新，以推动中国经济发展，实现科技自立自强。李强总理强调，要加大对人工智能等新兴前沿领域的技术创新力度，以“抢占制高点，掌握主动权”。
李强总理在考察中国电信、中国联通和中国移动时表示，新一轮科技革命和产业变革竞争日趋激烈，必须坚定推进自主创新，加大重点领域研发投入，实现领先的技术突破。这既能为企业赋能，也能为中国实现高水平科技自立自强，以及新兴产业和未来产业的发展壮大提供更有力的支撑。他还强调要利用人工智能推动制造业的数字化转型，为更广泛的行业赋能。
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中国国务院总理李强近日敦促中国三大电信巨头加快技术研究和创新，以推动中国经济发展，实现科技自立自强。李强总理强调，要加大对人工智能等新兴前沿领域的技术创新力度，以“抢占制高点，掌握主动权”。
李强总理在考察中国电信、中国联通和中国移动时表示，新一轮科技革命和产业变革竞争日趋激烈，必须坚定推进自主创新，加大重点领域研发投入，实现领先的技术突破。这既能为企业赋能，也能为中国实现高水平科技自立自强，以及新兴产业和未来产业的发展壮大提供更有力的支撑。他还强调要利用人工智能推动制造业的数字化转型，为更广泛的行业赋能。
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Will the ‘Dark Indonesia’ protests against Prabowo’s austerity cuts escalate further?
Student-led protests against austerity measures in Indonesia have become the first major political challenge for President Prabowo Subianto's administration. Thousands of students participated in demonstrations across the country, dubbed "Indonesia Gelap" (Dark Indonesia), culminating in a large protest outside the presidential palace in Jakarta. Analysts warn that public discontent could escalate if economic conditions worsen.
The protests are fueled by Prabowo's controversial budget cuts, particularly to education and infrastructure, intended to fund his flagship initiatives. These include a costly free meal program for schoolchildren and expecting mothers, estimated at US$28 billion annually, and the newly launched sovereign wealth fund, Danantara. To finance these programs, Prabowo announced ministry budget cuts totaling US$18.7 billion, impacting infrastructure projects and even basic amenities in government buildings.
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Student-led protests against austerity measures in Indonesia have become the first major political challenge for President Prabowo Subianto's administration. Thousands of students participated in demonstrations across the country, dubbed "Indonesia Gelap" (Dark Indonesia), culminating in a large protest outside the presidential palace in Jakarta. Analysts warn that public discontent could escalate if economic conditions worsen.
The protests are fueled by Prabowo's controversial budget cuts, particularly to education and infrastructure, intended to fund his flagship initiatives. These include a costly free meal program for schoolchildren and expecting mothers, estimated at US$28 billion annually, and the newly launched sovereign wealth fund, Danantara. To finance these programs, Prabowo announced ministry budget cuts totaling US$18.7 billion, impacting infrastructure projects and even basic amenities in government buildings.
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China’s missile breakthrough, Unitree’s Wang Xingxing: 7 science highlights
Chinese researchers have achieved significant breakthroughs in propulsion technology and computing, potentially impacting both military and space exploration capabilities. This includes transforming a past NASA challenge into a propulsion innovation and demonstrating a near-tenfold performance increase over US supercomputers using domestically produced graphics processors.
These advancements coincide with increased efforts by top Chinese universities to recruit Chinese undergraduates studying abroad directly into PhD programs, particularly as the US tightens funding for graduate studies and geopolitical tensions rise. This strategic recruitment aims to bolster China's technological talent pool amidst a shifting global landscape.
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Chinese researchers have achieved significant breakthroughs in propulsion technology and computing, potentially impacting both military and space exploration capabilities. This includes transforming a past NASA challenge into a propulsion innovation and demonstrating a near-tenfold performance increase over US supercomputers using domestically produced graphics processors.
These advancements coincide with increased efforts by top Chinese universities to recruit Chinese undergraduates studying abroad directly into PhD programs, particularly as the US tightens funding for graduate studies and geopolitical tensions rise. This strategic recruitment aims to bolster China's technological talent pool amidst a shifting global landscape.
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‘Too little too late’: Hong Kong’s land sale halt may do little to ease office supply glut
Hong Kong's government has announced a 12-month halt on commercial land sales to address the oversupply of office space, but consultants believe this measure will have a limited impact. The moratorium is considered insufficient to counter the largest influx of newly completed office space in 17 years, with an estimated 3 million square feet expected to take 7-10 years to absorb.
Financial Secretary Paul Chan Mo-po stated the government may repurpose some commercial sites and offer greater land-use flexibility. However, experts emphasize that boosting demand through government support to attract businesses is crucial. The current Grade A office vacancy rate is 13.3%, with rents expected to decline further, potentially reaching 2012 levels. This could pressure landlords and lead to distressed asset sales, according to S&P Global Ratings.
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Hong Kong's government has announced a 12-month halt on commercial land sales to address the oversupply of office space, but consultants believe this measure will have a limited impact. The moratorium is considered insufficient to counter the largest influx of newly completed office space in 17 years, with an estimated 3 million square feet expected to take 7-10 years to absorb.
Financial Secretary Paul Chan Mo-po stated the government may repurpose some commercial sites and offer greater land-use flexibility. However, experts emphasize that boosting demand through government support to attract businesses is crucial. The current Grade A office vacancy rate is 13.3%, with rents expected to decline further, potentially reaching 2012 levels. This could pressure landlords and lead to distressed asset sales, according to S&P Global Ratings.
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Cook Islands PM beats no-confidence vote over China deals
库克群岛总理马克·布朗在议会中挺过了一次不信任投票。反对派因其与中国达成的协议而发起不信任案，这些协议导致库克群岛与新西兰的关系紧张。议员们以13票对9票否决了库克群岛联合党提出的动议，另有两名议员弃权。
反对派议员表示，他们希望能够独立自主地做出决定，并质疑在中国加强合作的同时，库克群岛与新西兰的传统关系将受到影响。本月早些时候，布朗访问北京，与中国达成了涵盖教育、经济、基础设施、渔业、灾害管理和海底采矿等领域的战略合作伙伴关系。
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库克群岛总理马克·布朗在议会中挺过了一次不信任投票。反对派因其与中国达成的协议而发起不信任案，这些协议导致库克群岛与新西兰的关系紧张。议员们以13票对9票否决了库克群岛联合党提出的动议，另有两名议员弃权。
反对派议员表示，他们希望能够独立自主地做出决定，并质疑在中国加强合作的同时，库克群岛与新西兰的传统关系将受到影响。本月早些时候，布朗访问北京，与中国达成了涵盖教育、经济、基础设施、渔业、灾害管理和海底采矿等领域的战略合作伙伴关系。
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Alibaba CEO Wu meets Chongqing party secretary for possible AI partnerships
Alibaba's CEO Eddie Wu met with Chongqing party secretary Yuan Jiajun to discuss potential collaborations in artificial intelligence, signaling increasing recognition of the tech giant's AI capabilities. The meeting focused on achieving "landmark results" in areas like AI model applications and building computing facilities, indicating a strong interest from Chongqing in leveraging AI for its development.
This meeting follows Alibaba's recent announcement of a massive US$52 billion investment in cloud computing and AI infrastructure over the next three years. Yuan Jiajun emphasized Chongqing's potential for AI development and its commitment to seizing the opportunity to empower itself through AI, suggesting a mutually beneficial partnership with Alibaba.
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Alibaba's CEO Eddie Wu met with Chongqing party secretary Yuan Jiajun to discuss potential collaborations in artificial intelligence, signaling increasing recognition of the tech giant's AI capabilities. The meeting focused on achieving "landmark results" in areas like AI model applications and building computing facilities, indicating a strong interest from Chongqing in leveraging AI for its development.
This meeting follows Alibaba's recent announcement of a massive US$52 billion investment in cloud computing and AI infrastructure over the next three years. Yuan Jiajun emphasized Chongqing's potential for AI development and its commitment to seizing the opportunity to empower itself through AI, suggesting a mutually beneficial partnership with Alibaba.
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