Bank of Japan Governor Haruhiko Kuroda said at a seminar in Tokyo on March 7 that negative interest rates would have a "very powerful" stimulus effect on the economy by driving down borrowing costs and nudging firms into boosting investment.
Top officials at China General Nuclear Power Group are in discussion with their counterparts at French power company Electricite de France, on the necessary terms to finance their joint nuclear power project at Hinkley Point in the United Kingdom.
WeChat, which connects more than half a billion individual users via the mobile messaging service, is launching a separate application for enterprise clients.
Miao Wei, minister of industry and information technology, is encouraging the creation of coordination mechanisms to help industrial enterprises and financial institutions exchange financing information.
Internet game developer Beijing Kunlun Tech Co said on Thursday its Hong Kong subsidiary has set up an artificial intelligence venture in the United States.
David Harsanyi, senior editor of the US Web magazine The Federalist could not be more correct in observing: "Perception is everything in politics. And we believe a lot of ridiculous things."
In a report published on Tuesday, the credit rating agency Moody's said "contradictions" exist among China's goals of maintaining a reasonably high economic growth rate, reforming its economic structure, and ensuring financial, economic and social stability, and it predicted that at least one of these goals will end in failure.
LI JIANGUO, vice chairman of National People's Congress Standing Committee, introduced the draft of China's first charity law to the national legislature on Wednesday. The draft marks a significant development of philanthropy in China as it provides stipulations on how charities should be registered and operate, People Daily said on Thursday:
ON THURSDAY, Lee Se-dol, one of the world's leading Go players from South Korea, was beaten again by AlphaGo, an artificial intelligence program developed by Google's artificial intelligence subsidiary DeepMind, in the second of their five games in Seoul.
THE DRAFT OF China's 13th Five-Year Plan (2016-20) shows policymakers' resolve to stick to the path of making the economy more modern and open.
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