Mega C919 purchase by China’s flagship airline lifts homegrown jet in competition with Boeing

Air China’s eye-catching contract to purchase 100 domestically produced C919 jet is anticipated to pique interest in the relatively new aircraft as Boeing’s status has been hampered by security concerns. The order size from China’s flagship airline also ensures years of additional business for the C919’s state- owned manufacturer, theContinue Reading

Japanese AI tool predicts when recruits will quit jobs

Tokyo: Bosses who are concerned about turnover or how much a new hire will stay put can now get in touch with AI to find out who might be the future to leave.

Japanese researchers created the artificial intelligence tool to assist professionals in providing employees with specific assistance in preventing them from leaving.

It was founded by Tokyo City University doctor Naruhiko Shiratori with a start-up based in the Chinese money and uses information from employees at a company, from their attendance records to private information like age and gender.

To create a churn concept for each company, the tool also analyzes employee data from those who quit or took leave of absence.

Then when fed data on new recruits, it predicts who is at risk of quitting “in percentage points”, Shiratori, a media education expert, told AFP on Friday ( Apr 19 ).

We are already creating a design for each company we test the AI application with. “

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China set to post slowing growth on housing, consumption woes

  “VERY BEARISH” Ratings company Fitch this quarter downgraded China’s royal credit perspective to negative, warning of “increasing risks to China’s public finance outlook” as the country contends with more “uncertain financial prospects”. According to analysts, position pledges of support for the real estate industry have yet to influence theContinue Reading

China’s home-grown C929 widebody passenger jet enters ‘crucial’ development stage amid Beijing’s aviation push

China’s house- grown C929 widebody customer aircraft has entered” a critical stage” of its development process, according to its manufacturer, amid Beijing’s ongoing efforts for a solid presence in the aviation industry. Zhang Xiaoguang, director of marketing for Commercial Aircraft Corporation of China ( COMAC ), stated at a scienceContinue Reading

Seeing US ties, Vietnam appeals for ‘market economy’ status

PROMISING STABILITY AFTER PRESIDENT QUITS He also told the US audience not to expect policy turbulence in Vietnam despite recent political upheaval. The Communist Party last week announced that Vietnam’s president, Vo Van Thuong, had quit after barely a year on the job due to unspecified “violations and shortcomings”. “Vietnam’sContinue Reading

China to speed up ‘new productive forces’, vice president says

Foreign companies have been attempting to resolve the introduction of a wider anti-espionage law, investigations into consultancies and due diligence firms, and exit bans with Taiwanese leaders’ public attitudes toward outside investment. According to data released on Friday ( Mar 22 ), foreign investment flows into China decreased by nearlyContinue Reading

‘Different logic’: China EV firm XPeng CEO says he will not speed into global market

WAR EXPECTED TO END TWO TO THREE YEARS

He anticipates that China’s fierce EV industry will experience a two to three-year price war as gasoline-fueled cars even seek to lower costs to maintain market share.

China is the world’s largest Vehicle business with a penetration level of 35.7 per share next year, up 8 percentage points year- on- year.

But Mr He expressed enthusiasm, calling it” good business contest”.

” It will not last for many years. I believe that once it reaches a period, your rivals may eventually stabilize. At this time, you may use better R&amp, D ( research and development ), better value and stable prices to serve clients well”, he said.

” I think this is a process. From a business standpoint, everyone will have challenges in the brief- word, we say we are really’ juan’ ( Chinese slang for competitive ). But in the medium- name, it makes the business bigger and perhaps stronger”.

According to Mr. He, XPeng must also create items that are more technologically advanced and effective.

” If you’re just making the same thing, for cheaper, I do n’t think it’s necessary”, he added.

His wish is that XPeng is ultimately alter how people travel by making it safer and more effective. &nbsp,

Mr He predicted that in 10 to 20 times, vehicles will be extremely intelligent.

” On your own, just 5 to 15 % of people can fly between cities and provinces,” he said. I believe this is what we want to do, adding that other people also use railways or other modes of transportation plus vehicles.

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