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East Asia
Ambassador Hotel Group partners with Kakao Investment to launch MICE platform
Ambassador Hotel Group said Thursday that it will launch a new platform that supports the meeting, incentive, convention, and exhibition (MICE) sector as the South Korean hotel chain seeks a new growth engine. The platform, dubbed CONNECO, is the country’s first platform aimed at boosting the MICE industry that was…
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East Asia
President asks former U.N. chief Ban to help tackle fine dust pollution
South Korean President Moon Jae-in on Thursday sought the help of a former head of the United Nations to tackle the thorny issue of fine dust pollution, which could upset his country’s fragile relations with China. In a meeting held at his office Cheong Wa Dae, the president renewed his…
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East Asia
S. Korea to provide loans worth 100 tln won to innovative firms, SMEs
South Korea’s financial regulator said Thursday it will offer innovative firms and small- and medium-sized enterprises (SMEs) loans worth 100 trillion won (US$88.5 billion) over the next three years. The massive loan package is aimed at revitalizing the nation’s sluggish economy at a time when the economy faces downward risks,…
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East Asia
Drones facilitate people’s lives in China
Several Chinese cities are using drones to monitor traffic, capturing traffic violations such as using mobile phones while driving and illegal parking. In February 2019, traffic management departments of Nanning, capital of southwestern China’s Guangxi Zhuang Autonomous Region handled 438 cases of illegal parking with the help of drones, according…
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East Asia
Smart streetlights unveiled in Guangzhou
Thirty-five smart streetlights were unveiled in Guangzhou, capital of southern China’s Guangdong province, to promote the building of 5G smart cities, local media outlet Yangcheng Evening News reported on March 2. The smart streetlights can serve as video surveillance devices, telecommunication base stations, road signs and even as battery chargers.…
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East Asia
Online Tree-planting Campaign Popular in China
More and more Chinese citizens are contributing to China’s forestation efforts with the help of online platforms, as the country hastens its steps to green its land and seek environment-friendly development. Wuhan, the capital city of central China’s Hubei province, has been encouraging voluntary forestation for years. It makes creative…
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East Asia
Tibet considers written Lhoba script
A legislator from Lhoba, the second smallest of 56 ethnic groups in China living in the Tibet Autonomous Region, said the regional government is considering creating written scripts for the Lhoba language, a move the legislator hailed as another government effort to preserve ethnic culture. Being the only deputy of the…
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East Asia
China to run driverless maglev train at 200 kph in 2020
China will roll off its first self-developed driverless commercial maglev train with a designed speed of 200 km per hour in early 2020, said Zhou Qinghe, chairman of CRRC Zhuzhou Locomotive Co., Ltd, developer of the train. The new train, known as the commercial maglev 3.0, will be the world’s…
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East Asia
China steps up efforts to boost private economy
China has taken a bunch of measures to support the development of the private economy, which is a sector of great concern to the society, a spokesperson with the annual session of the country’s top political advisory body said on March 2. As an important part of the socialist market…
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East Asia
China residents have stronger sense of gain: statistical report
“We had a stronger sense of gain in the past year,” Chinese residents told People’s Daily in a recent interview. The residents’ voice is indicated in the Statistical Communiqué on China’s 2018 National Economic and Social Development issued by the National Bureau of Statistics (NBS). According to the report, China…
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