November 21, 2024
Fixed Assets

AI technology improves production efficiency, saving billions for machinery factory

The implementation of artificial intelligence (AI) technology has significantly enhanced the utilization rate of production materials at a machinery factory in Changsha, capital city of central China’s Hunan province, saving billions of yuan for the factory every year. The factory, which specializes in producing pumper trucks, has enhanced material utilization throughout its production processes by

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Financial Assets

Shenzhen issues local gov’t bonds in Hong Kong

Shenzhen City in China’s Guangdong Province issued offshore renminbi local government bonds in Hong Kong Thursday evening, the fourth time since 2021. The issue size of the bonds stands at 7 billion yuan (around 980 million U.S. dollars), with maturities of two years, three years, five years and 10 years, and the bulk being social

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