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China’s consumer price index (CPI), the main gauge of inflation, gr
ew 2.5 percent year-on-year in April, the National Bureau of Statistics (NBS) said Thursday.
The reading, in line with market expectations, accelerated from the 2.3 percent gain in March and 1.5 percent in Febru
ary. On a monthly basis, consumer prices edged up 0.1 percent, compared with the 0.4 percent drop seen a month earlier.
NBS official Dong Yaxiu attributed the rise to higher prices of vegetables, pork and fruit, which ros
e 17.4 percent, 14.4 percent and 11.9 percent, respectively, from the same period last year due to tighter supplies.
Food prices, which account for nearly one-third of weighting in China’s CPI, went up 6.1 percent year-on-year.
Meanwhile, China’s producer price index (PPI), which measures inflation at the factory gates, rose
0.9 percent year-on-year last month, up from the 0.4 percent gain in March that showed improving market demand.
s become a driving force behind economic growth, and interne
t companies should concentrate on making breakthroughs in core technologies.
“The country is narrowing the gap with developed countries, especially in autonomo
us driving, cooperative vehicle-infrastructure systems and intelligent transportation. We started a little late, but o
ur pace is faster and our potential is bigger,” said Robin Li, chairman and CEO of leading Chinese search engine Baidu Inc.
He noted that AI will have an impact on the internet and China should firmly grasp the historic opportuni
ties of AI, and the country’s efforts in technological innovations will begin gradually changing the world.
Pony Ma, chairman and CEO of Tencent Holdings Ltd, said the e-government is becoming the driving force for cons
truction of a digital China and high-quality social and economic development, and internet firms should co
nsolidate basic research and focus on making breakthroughs in core technologies.
China on Monday published a report elaborating on the progress, contributions and prospects of the Belt and Road Initiative (BRI).
The document, prepared by the office of the leading group for promoting the BRI, was released ahead
of the second Belt and Road Forum for International Cooperation to be held from April 25 to 27 in Beijing.
The Belt and Road Initiative is an initiative for peaceful
development and economic cooperation, rather than a geopolitical or military alliance, said the rep
ort. “It is a process of open, inclusive and common development, not an exclusionary bloc or a ‘China club’.”
“It neither differentiates between countries by ideology nor plays the zero-sum
game. Countries are welcome to join the initiative if they so will,” according to the report.
The BRI has turned ideas into actions and vision into reality, and i
tself into a public product widely welcomed by the international community, the report said.
ntly domestic laws do not view embryos as independent persons, yet in judicial practices their personal rights are still under protection of law as part of the pers
onal rights of their parents. If the draft amendment passes, embryos will enjoy better protection of rights in the future.
ASTANA — A bus accident in Kazakhstan has killed 11 people and injured 29 others, the Kazakh Interior Ministry said Saturday.
The accident took place on the early morning of Saturday in the Kordai district in the southe
rn Zhambyl region when a car collided with a truck on a highway and a following passenger bus ma
de a rollover in order to avoid a collision with the vehicles, according to the ministry.
“As a result of the accident, eight people were killed instantly, 32 people were taken to me
dical facilities, where another three people died from injuries,” the ministry said in a statement.
About 50 people and the rescue services, disaster management office and regional police departme
nt were involved, and medical personnel have been dispatched to the scene, the ministry said.
A pre-trial investigation was launched under the criminal code, while investigat
ors from the Interior Ministry and the police office are working to establish the circumstances of the accident.