AI and the next revolution in military defense

Last week, AlphaGo, an artificial intelligence program developed by Google's DeepMind team, beat China's top go player Ke Jie in Wuzhen, East China's Zhejiang province, which suggests AI will occupy center stage in the next technological and industrial revolution.

Practical measures needed to avoid conflict at sea

At the last Shangri-La Dialogue and at other workshops in the Asia-Pacific region, how to enhance maritime confidence-building measures or prevent conflict at sea have always been hot topics.

Nuclear dangers in the Asia-Pacific region

When it comes to nuclear threats in the Asia-Pacific region, China faces the most daunting nuclear environment. The nuclear problem that China faces is not only confined to the Democratic People's Republic of Korea's nuclear program, but also includes the deployment of other strategic offensive and defensive capabilities that could damage the strategic stability among major nuclear-weapon states.

New resource seen boosting energy

China's reserves of combustible ice, a natural gas hydrate, are estimated at 80 billion metric tons of oil equivalent, which suggests massive resource potential, the Ministry of Land and Resources said in Beijing on Friday.

China's richest man loses $29m in Spain property deal

China's richest man Wang Jianlin has lost up to 200 million yuan ($29.3 million) from a deal brokered in Spain three years ago because of a shift in exchange rates.

CDB to fund B&R projects worth $36b in three years

The China Development Bank will invest 250 billion yuan ($36.7 billion) in projects linked to the Belt and Road Initiative during the next three years.

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Offshore yuan term deposit rate tipped to soar in Hong Kong

Although the cost of borrowing renminbi overnight in Hong Kong retreated sharply from the recent high level on Friday, treasury market analysts predicted that lingering tight borrowing costs of offshore yuan will push up interest rates of renminbi term deposits in the city.

VC backing for Asia tech sector seen doubling in 2017

Venture capital investments in Asia's tech sector this year are expected to be double that of 2016, with China accounting for the major part, according to a report by CB Insights, a venture capital research and data firm.

A double-edged achievement

The US military reportedly launched a ground-based interceptor from Vandenberg Air Force Base in California on Tuesday that successfully intercepted an intercontinental ballistic missile target fired from the Reagan Test Site in the Marshall Islands.

China-EU cooperation can counter global uncertainty

With the world facing multiple uncertainties and new challenges, closer and stronger ties between China and European countries cater not only to their mutual interests but also benefit the world at large.

Scrapped electricity surcharge puts spotlight on additional fees

ON THURSDAY, the State Grid Corporation of China, the national electricity supply monopoly, canceled the urban utilities surcharge it had been levying. Beijing Youth Daily comments: