Daniel808
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With China already pass the 'darkest hour'
And condition also get better and better there, The light of epidemic ending in China already seen too
Meanwhile in Much Europe, U.S, India, South Korea, Japan they just entering outbreak phase, and many analysts expected their Economic will go into recession.
Their stock market also crumbling
And with Oil Price war between Russia and Saudi Arabia, U.S Shale oil industry that booming for the last couple years, will be doomed and have bleak future for next couple years.
Meanwhile in China,
Their outbreak already over and their economic, manufacturing capacity already resume activity and back to normal again.
With Largest Foreign Exchange Reserve in the world
And 1,4 Billion people power with over $10,000 GDP per capita for each person
They also hoarding Gold Reserve in recent years
And also with Oil price war between Saudi Arabia and Russia, that make oil price plunge for next couple years.
Give many benefits to Big Oil importer like China
Some sector of China's Industry also booming after this outbreak, with Robot Industry, 5G Telecommunications Industry, and Medical Industry as the leading sector. All of that is High Value Manufacturing Category
With all that resource China's have and many factor about Global condition right now.
China need to lead this world, and share their knowledge to the world
This is a good sign as a starter
Anyway, this thread and all indicators above will make those Anti-China clown butthurt so much
Enjoy !
And condition also get better and better there, The light of epidemic ending in China already seen too
Meanwhile in Much Europe, U.S, India, South Korea, Japan they just entering outbreak phase, and many analysts expected their Economic will go into recession.
Their stock market also crumbling
And with Oil Price war between Russia and Saudi Arabia, U.S Shale oil industry that booming for the last couple years, will be doomed and have bleak future for next couple years.
Meanwhile in China,
Their outbreak already over and their economic, manufacturing capacity already resume activity and back to normal again.
With Largest Foreign Exchange Reserve in the world
And 1,4 Billion people power with over $10,000 GDP per capita for each person
They also hoarding Gold Reserve in recent years
And also with Oil price war between Saudi Arabia and Russia, that make oil price plunge for next couple years.
Give many benefits to Big Oil importer like China
Some sector of China's Industry also booming after this outbreak, with Robot Industry, 5G Telecommunications Industry, and Medical Industry as the leading sector. All of that is High Value Manufacturing Category
China's robot industry boosted as demand emerges in fight against coronavirus
By Song Lin Source:Global Times Published: 2020/3/9 16:33:40
Industry boosted as demand emerges in fight against coronavirus
A food delivery robot developed by Segway-Ninebot is sterilized in Zhongguancun Dongsheng Science and Technology Park in Beijing. Photo: Courtesy of Segway-Ninebot
Intelligent robots in China have made a collective appearance amid the coronavirus epidemic with delivery, medical and disinfection purposes, contributing to prevention and control efforts. Experts say that though intelligent robot technology is still in an initial phase, the epidemic has offered a boost to the robot industry.
A food delivery robot with disinfection functions was installed in Zhongguancun Dongsheng Science and Technology Park in Beijing to help deliver food as production gradually resumes. Customers can receive food without direct contact with the robots, as seen in a video sent to the Global Times by the robot's developer Segway-Ninebot, a Beijing-based unicorn focusing on smart mobility.
The robot, Segway DeliveryBot S2, is capable of delivering 300 orders per day at eight minutes per delivery. Multiple robots can work together on tasks dynamically optimized and assigned using cloud control to resolve resource conflicts and improve delivery efficiency, according to the company.
Hunan-based Xingshen Tech has developed a tailored, unmanned delivery carts for the China Post Group Co which have been set up in multiple cities to conduct package delivery services, including Hubei's Xiantao City.
One delivery cart can deliver nearly 100 packages per day, according to Xingshen Tech.
Alongside China's epidemic prevention efforts and its gradually resuming production, the implementation of high-tech factors in the logistics industry will be accelerated, He Hui, director of the China Logistics Information Center, told the Global Times on Sunday.
In addition to delivery services, robots have also been used directly in the fight against the spread of the virus.
Shanghai-based Yogo Robot has rolled out a disinfection robot which can disinfect an area of 100 square meters in as short a time as three minutes, and one such robot can cover 30 floors in a building, read a statement sent to the Global Times by the company on Monday.
In outbreak epicenter Wuhan, a series of multitask robots developed by Shenzhen-based Candela Tech were installed in the two newly built hospitals, Huoshenshan Hospital and Leishenshan Hospital, to deliver medical materials and disinfect, according to a statement posted on the company's official WeChat account.
One disinfection robot can cover the work of four professionals, showed the statement.
When it comes to application scenarios, robots have epidemic prevention advantages as they can efficiently reduce direct contact among people, Ma Jihua, a senior tech industry expert, told the Global Times on Sunday.
The need for contactless delivery and other services has been highlighted during this period, Ma said.
Promotion opportunity
China's robot industry market was valued at an estimated $8.68 billion in 2019, with an average annual growth of 20.9 percent from 2014-19, according to a report from the Xinhua News Agency.
With the rapid development of the 5G network and artificial intelligence (AI) technology in China, the intelligent robot industry has promising prospects, experts noted.
The outbreak has offered a valuable scenario for the realistic application of such high-tech robots, including not only delivery robots but also thermometer robots, medical robots and others, which will definitely be a driving force for the industry, Ma said.
China's Shandong University and Singapore's Nanyang Technological University jointly designed two types of robot specifically for epidemic prevention - one intelligent consultation and delivery robot and one epidemic inspection robot. These robots have been sent to hospitals in Huanggang, another city in Central China's Hubei Province hard hit by the virus, read an online statement from Shandong University published on Sunday.
The team at Shandong University is striving to develop a robot that could replace medical personnel in carrying out close clinical virus sampling and auxiliary examination, per the statement.
The medical sector is a great field for the future development of robot technology, both He and Ma stressed, noting that with the country's aging population and increasing income level, medical robot technology will see a huge market in China.
China's market scale for service robots - including medical robots - hit roughly $2.2 billion in 2019, surging 33.33 percent year-on-year and accounting for 23 percent of the global market, according to report from news site robotchina.com on Friday, citing research results from the Qianzhan Industry Research Institute.
There are many kinds of medical robots in China, including rehabilitation, surgical, and non-therapeutic service robots, among others. The proportion of rehabilitation robots was 42 percent in 2018, followed by auxiliary robots at 17 percent and surgical robots at 16 percent, showed the report.
Further development needed
China has been ramping up efforts to shore up its industrialization, research and development of robot technology. The country has included robotics and intelligent manufacturing in its priority tasks for national scientific and technological innovation, according to Xinhua.
Many manufacturing giants in China have realized high level of automatic production through robotic production lines, such as tech giants Huawei and Lenovo.
China's industrial robots have been the world's largest application market for seven consecutive years, Xinhua said.
Ma told the Global Times that the country's advanced automatic production level, on the other hand, could help factories related to intelligent robots return to normal operations amid the epidemic as the plants have already formed strict and scientific management systems with clean environments.
Intelligent robot technology is still in an initial phase, and many areas are not yet ready for large-scale application. In addition to promotion, the epidemic has also offered the opportunity to test robot developers and see if their products have reached a realistic application phase; It is a chance for them to reveal their development progress, Ma said.
Newspaper headline: Robot workforce takes shape
https://www.globaltimes.cn/content/1182021.shtml
With all that resource China's have and many factor about Global condition right now.
China need to lead this world, and share their knowledge to the world
This is a good sign as a starter
Chinese financial markets become 'Noah’s ark' for international capital
By Xie Jun and Tu Lei Source:Global Times Published: 2020/3/10 22:18:40
China’s assets show advantages over US ones in stability, yields
Meric Greenbaum, Designated Market Maker IMC financial looks up at the board before the opening bell right before trading halted on the New York Stock Exchange on March 9, 2020 in New York. Photo: AFP
China's capital market is becoming the "Noah's ark," or the safe haven for global investors as Wall Street and other markets crashed Monday under mounting fears of the coronavirus spread, Chinese financial experts said, predicting that Chinese stock market should be the only major market to have a bullish year in 2020.
On Tuesday, following a grim day for US and European markets, the Shanghai Composite Index was up 1.82 percent to 2,996.76 points, while the Shenzhen market was up 2.65 percent to 11,403.47 points. More than 3,000 stocks rose, and 141 touched the daily ceiling of 10 percent rise.
The stellar performance of China's stocks came just a few hours after global investors saw a relentless storm on Wall Street. On Monday, the Dow Jones Industrial Average plunged nearly 8 percent, down more than 2,000 points. The S&P 500 saw its biggest drop since December 2018, with a decline of 7.6 percent.
Elsewhere, the stock indexes in Britain and Germany were down 7 percent, and Japan's benchmark was down 5 percent on Monday.
"The Chinese stock markets are increasingly becoming a 'stabilizer', or Noah's Ark, as Chinese shares often bounce back first after collective crashes on other markets. Even though they also correct from time to time under external pressure, China's market tends to be less volatile if compared with Wall Street and the European markets," Li Daxiao, chief economist at the Shenzhen-based Yingda Securities, told the Global Times on Tuesday.
The Shanghai stock index dropped roughly 3 percent this year. In comparison, the Dow Jones has plunged by more than 17 percent.
It's not all about stocks. The US Treasury yield curve fell below 1 percent on Monday for the first time ever as yields on the benchmark 10- and 30-year bonds slumped to record lows, pushing the yield spread between Chinese government and US Treasury bonds to above 200 basis points.
"The Chinese financial assets are showing advantages over US ones, whether in terms of stability or yields, not to mention China's economy will hopefully rebound sooner than other economies," Li said.
In February, overseas investors bought 127.1 billion yuan ($18.3 billion) worth of Chinese bonds, up 134 percent compared with January, according to media reports.
Li said that currently overseas capital only accounts for about 2 percent of China's total financial investment, compared with 20-30 percent in mature markets. "With ample room for capital inflows and the benefits of the Chinese economy, overseas capital will speed up flowing into China."
To fuel economic growth, Chinese economists have mixed opinions about whether the government needs to take more aggressive measures in terms of easing monetary policy, after central banks worldwide are cutting interest rates to cushion the impact of the coronavirus.
Cao Yuanzheng, chief economist at Bank of China International, noted that facing challenges from the coronavirus, China's handling of monetary policy seems to be more rational.
"It's very likely that some nations will continue to cut interest rates or, if the coronavirus develops further, use a flood of liquidity to support their capital markets. But China is not likely to adopt too drastic measures (like a massive interest rate cut) or use monetary stimulus too frequently," Cao told the Global Times on Tuesday, adding that China is likely to target monetary support at small-sized businesses to help them weather the virus blow.
Chinese finance expert Zhao Qingming nevertheless suggested the government be bolder and cut interest rates.
"China's economy should return to normal by the end of March, but the country needs an above 7 percent growth in the upcoming quarters if it is to maintain yearly growth of 5.5 percent or higher. Therefore, China should lower interest rates to inject momentum to economic growth and it is better done as soon as possible," Zhao said.
Li also predicted that China might cut interest rates soon, but said that it won't reduce the appeal of China's financial assets as China's interest rate level would still be higher than the US.
Newspaper headline: Chinese stocks rebound from global selloff
RELATED ARTICLES:
https://www.globaltimes.cn/content/1182202.shtml
Anyway, this thread and all indicators above will make those Anti-China clown butthurt so much
Enjoy !
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