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East Asia
S. Korea’s jobless rate rises to 4.7 pct in February
South Korea’s jobless rate rose to 4.7 percent in February despite the increased pace of hiring, government data showed Wednesday, in the latest sign of an economic slowdown in Asia’s fourth-largest economy. The unemployment rate marked the highest level for any February since 2017, when the corresponding figure stood at…
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East Asia
Mayor unveils plan to transform Seoul into ‘smart’ city
The Seoul Metropolitan Government said Wednesday it will install 50,000 Internet of Things (IoT) smart sensors throughout the capital city by 2022 to collect information on fine dust, traffic and other things related to citizens’ lives. The Seoul government will also introduce chatbots to its 120 Dasan Call Center service,…
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East Asia
S. Korea: Parliament passes bills to fight fine dust
South Korea’s parliament passed eight bills intended to better fight fine dust Wednesday as the country is struggling with its worst-ever particle air pollution. The legislation includes a revision to the disaster and safety management law to include a high density of particulate matter as a “social disaster.” Such a…
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East Asia
Greater Bay Area to drive economy of China, even world
For the first time in history, the economy of Shenzhen surpassed that of Hong Kong, with Shenzhen’s 2018 GDP growth rising 7.6 percent to 2.42 trillion yuan ($362.2 billion) compared with Hong Kong’s HK$2.845 trillion, equivalent to 2.4 trillion yuan based on the annual average exchange rate given by Hong…
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World
Press center with 5G service opens for 2019 two sessions
The press center for the “two sessions”, the National People’s Congress (NPC) and Chinese People’s Political Consultative Conference (CPPCC), was put into official use at the Media Center Hotel on the north side of the West Chang’an Street, Beijing on Feb. 27. The second session of the 13th NPC and…
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East Asia
China rolls out new incentives to boost auto market
China is making a series of new incentives to stimulate the domestic auto market. Auto sales account for over a quarter of China’s total sales of consumer goods above designated size, playing a vital role in promoting consumption and enhancing the domestic market for China. Recently, 10 government departments…
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East Asia
China develops conceptual model of double-decker high-speed train
The Chinese Academy of Sciences has developed a conceptual model for future Chinese double-decker high-speed trains, which could be able to run at speeds as high as 350 kilometers per hour (kph), official WeChat account of Science and Technology Daily reported on Feb.19. The conceptual model of future double-decker…
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East Asia
Anti-corruption, rule of law remain top public concerns for China’s upcoming “two sessions”
An online survey conducted by People’s Daily Online revealed that anti-corruption, the rule of law, and social security were the top three public concerns of Chinese citizens for the upcoming “two sessions”. The second session of the 13th National People’s Congress (NPC) and the second session of the 13th National…
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East Asia
Foreign-funded companies in Beijing’s CBD top 10,000 for two years in a row
The number of foreign-funded companies in the Beijing Central Business District (CBD) has reached 10,000 for two years in a row, said Guo Liang, deputy director of the Beijing CBD Administrative Committee. Among all the foreign companies, 86 have set up regional headquarters here, Guo added. After three decades of’…
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East Asia
Pre-school education in Singapore
Singapore ranks among the best in global rankings for primary, secondary and tertiary education but lacks behind in early childhood education. In 2012, a study on pre-school education placed Singapore in the 29th spot out of 45 countries, and way behind South Korea (10th) and Hong Kong (19th). Finland, Sweden,…
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