roughout the world, with a history of more than 2,000 years. In 2006, the traditional festival was listed
as part of China’s national intangible cultural heritage. In 2008, it was recognized as a public holiday in the Chinese mainland.
The Dragon Boat Festival commemorates the death of Qu Yuan, a Chu state official and poet who lived during the Warring State
s Period (475-221 BC) before the reunification of China under the Qin Dynasty (221-206 BC). He was exiled after
opposing his king’s decision to ally with the neighboring state of Qin, and when Chu was finally conquered by Qin, h
e committed suicide by drowning in the Miluo River on the fifth day of the fifth lunar month.
The Chu people, who admired Qu Yuan for his loyalty and integrity, threw rice dumplings into the river to feed the fish so t
hey would not eat the body of their poet hero. People then started dragon boat racing to scare off the fish.
Since then, the fifth day of the fifth month on the lunar calen
dar is celebrated as the Dragon Boat Festival. The following are some customs for the festival.
hina has published the most research
papers on artificial intelligence around the world, while AI research from the Unite
d States remains the most influential, said a report on AI development released in Shanghai on Friday.
More than 300,000 papers on AI have been published globally from 2013 to 2018, among which around 74,000 were publishe
d by Chinese researchers and 52,000 by their US counterparts, and the US dominated in fields such as citation impact,
The report was compiled by the Research Center for AI Development, which was established last year by the Ministry of Science and Technology.
“China and the United States are the two main pillars of the world’s AI r
esearch network, and the most cooperation on AI research happened between the two
Central bank vice-governor voices confidence amid currency volatility
The monetary authority vowed to stabilize the renminbi amid escala
ted trade tensions, while continuing to push forward financial opening-up and pr
otecting overseas investors’ legal rights, said a senior official from the central bank on Sunday.
“We have the foundation, confidence and capacity to maintain a stable foreign exchange ma
rket in China, and keep the renminbi exchange rate at a reasonably stable equilibrium,” said Pan Gongsheng, vi
ce-governor of the People’s Bank of China, the central bank, said in a statement on its website.
Before his pledge, the onshore renminbi rate depreciated to 6.9182 per do
llar at Friday’s close, the weakest level since December, and the offshore renminbi rate h
will impact various industries and stimulate the emergence of many new products, services and industries.
China Daily’s app was named the “Highly Commended” news app of the year at the newsawards 2019 in London on Wednesday.
The result was announced at the gala dinner held at the Royal Lancaster London. Ch
ina Daily beat two other nominees – The Independent and the Belfast Telegraph – to win the honor.
The China Daily app offers “a powerful mix of technology and innovation, with great clarity on audience needs,” said the judges.
The automotive sector will most likely be one of the first industries to rely
on 5G, connecting vehicles to other vehicles, roadsides, traffic lights, buildings and the inter
net to process data across cars or in the cloud, according to the report.
As 5G technology has integrated various industries and technologies, the number of 5G Stand
ards-Essential Patents applications surged to more than 60,000 globally by the end of April, the report said.
ures are consistent with the top-line measured GDP growth number. For example, production and
supply of electricity, thermal power, gas and water increased by 7.1 percent in the quarter. Pl
us, value-added index of transport, storage and post increased by 7.3 percent.
A closer look at the highest growth sectors shows that the economy is moving toward the long-term goal of shif
ting away from a development strategy based on heavy investment in industry and
infrastructure to one based on services and domestic consumption. Also, more productive industries that tur
n out higher-value added goods are growing at a much faster rate than traditional heavy industry.
Among large companies, State-owned enterprises grew 4.5 percent yea
r-on-year while shareholding enterprises grew almost twice as fast, at 7.8 percent. So, stro
ng progress is being made toward the goal of promoting private enterprise, which was re
inforced by many policies announced at last month’s meeting of the National People’s Congress.