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Transcripts For BBCNEWS Asia 20240704

Artificial intelligence and other developing Artificial Intelligence like robotic and Quantum Computing are important for long term growth. A senior strategist gave us his highlights. I think that there are two things that really catch my attention. One is the governments emphasis on improving Co Ordination between governments, local governments and local governments and the central government. Now, not many people talk about this. But i think this is quite important, because if this Co Ordination programme or plan is implemented effectively, it will go a long way to improve Policy Implementation in china. Because very often, governments dont really talk to each other much, and that really slows down government implementations. This is very important for me. And the number two important thing is, as you mentioned earlier, that theres an emphasis on the development of ai Tech Development and so on. That goes a long way to underscore the Policy Framework that beijing wants to implement t

Transcripts For BBCNEWS Asia 20240704

Developing Artificial Intelligence like robotic and Quantum Computing are important for long term growth. A senior strategist gave us his highlights. I strategist gave us his highlights. Strategist gave us his highlights. Strategist gave us his hiuuhlihts. ~. Highlights. I think that there are two things highlights. I think that there are two things that highlights. I think that there are two things that really. Are two things that really catch my attention. One is the governments emphasis on improving Co Ordination between governments, local governments and local governments and the central government. Now, not many people talk about this. But i think this that this is quite important, because if this Co Ordination programme or plan is implemented effectively, it will go a long way to improve Policy Implementation in china. Because very often, governments dont really talk to each other much, and that really slows down government implementations. This is very important for me. And the

Transcripts For BBCNEWS Asia 20240704

And Quantum Computing are important for long term growth. A senior strategist gave us his highlights. I think that there are two things that really catch my attention. One is the governments emphasis on improving Co Ordination between governments, local governments and local governments and the central government. Now, not many people talk about this. But i think this is quite important, because if this Co Ordination programme or plan is implemented effectively, it will go a long way to improve Policy Implementation in china. Because very often, governments dont really talk to each other much, and that really slows down government implementations. This is very important for me. And the number two important thing is, as you mentioned earlier, that theres an emphasis on the development of ai Tech Development and so on. That goes a long way to underscore the Policy Framework that beijing wants to implement to develop the economy into a hi Tech Industry, hi tech new economy. Now, the struc

Transcripts For BBCNEWS Asia 20240704

Lets look at what this materials move means for the rest of the world. The consensus is that will be damaging not fatal for the United States. The reason china dominate the market is not because it is the only place where gallium and germanium exists, but because it is by far the cheapest place you can get them from. You dontjust dig them up from the ground, they are derived from a more complicated Reduction Process and china has that capability. So governments and businesses will have to rely on cheaper substitutes and alternative sources. It means prices will go up, it means some products might be less effective and some production right be delayed. So this sort of poses a bit of an existential thread for western industry, its the gradual erosion of capability. But in a broader sense this threatened the overall narrative of globalisation, the idea that International Markets will be able to deliver what you need, when you need it at the price that you need. Derisking is what western g

Transcripts For BBCNEWS Newsday 20240704

Thank you forjoining me. We have been getting lines that we expect gdp to come in at around 5 . What is your reaction to that . , 5 . What is your reaction to that . ,. , that . That is the same number china was that . That is the same number china was targeting that . That is the same number china was targeting last that . That is the same number china was targeting last year i china was targeting last year so i think what beijing is trying to signal than is that despite the short term turbulence, Stock Market Fluctuations earlier this year, i think beijing is trying to tell people that, yes, economics is still steady and the leadership habit together, things are under control and thatis things are under control and that is why they are shooting for the same number, in terms of gdp target in terms of last year, and that also means however in terms of the size of expected economic stimulus that many people were expecting china to dish out, the exact size of it may be more modest than s

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