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Key factors the Taichi-II has that make it cutting edge include a 40% accuracy boost, 6 orders of magnitude improvement in energy efficiency and reduced energy consumption
In terms of banking profits, 87% of profits generated by China's banks were funneled back into the “real economy”, a big portion in the form of dividends was distributed to state-owned entities, which acted as fiscal spending/investment in the real economy. Another to citizens via stock. Retained capital indirectly supports the real sector by leveraging credit and bond purchases to the real sector again.
The scale and speed of Beijing’s crusade is hard to overstate. China approved its first nuclear power station in 1981. BloombergNEF now expects the country to leapfrog France and the US by 2030. In an age when few new reactors are built at all, China has 30 under construction.
Thorium reactors are much safer, produce less radioactive waste (of which has a shorter half life), don’t require water for cooling (as it uses liquid salt or Co2) and operate at a normal pressure, relative to Uranium reactors.
The State Council greenlit the new reactors in sites spread across Jiangsu, Shandong, Guangdong, Zhejiang and Guangxi. Most of which are going to be China’s domestic design with more than 90% localization, the Hualong-1, costing about 31 billion USD in total.
The OceanX platform is the world’s largest floating wind power platform and the largest single-capacity floating wind platform, constructed by Mianyang Smart Energy and China’s State Shipbuilding Corporation.
A recent experiment by BrightGene Bio-med company found that AI-assisted pharmaceutical manufacturing can find key molecular salt bridges that are difficult to detect using traditional methods, directly increasing the activity of agonists by 200-300%!
China’s hypersonic missiles will be getting a significant upgrade:
When there is a serious mishap on a modern warship’s power grid, such as a short circuit or equipment damage, it is sometimes necessary to reconstruct the entire power grid to isolate the fault and restore power to the rest of the ship.
A Chinese state-owned enterprise this Monday launched the first batch of satellites for a mega constellation designed to rival U.S. company Space X's Starlink's near-global internet network
The CPC’s policy towards SOEs has always been insisting that they serve as the leading vanguard of the economy and core of China’s Socialist Market Economy. Leading in development and innovation.
REASON 1: R&D
In 2017, Xi Jinping proclaimed “Houses are for living in, not for speculation”, leading to this great reversal here
In a global first, researchers at Tsinghua (State Owned) University in China have successfully demonstrated a meltdown-proof nuclear fission reactor. The twin reactor design can generate 105 MW of power each and has been in the works since 2016.
Shenzhen, China's tech hub, plans to introduce a fleet of 20 driverless buses by the end of 2024, aiming to create the largest autonomous bus fleet in a major city's downtown area.
Two 650-foot-tall (200-m) towers have risen in China's Gansu Province. Combined with an array of 30,000 mirrors arranged in concentric circles, the new facility is expected to generate over 1.8 billion kilowatt-hours of electricity every year Source: newatlas.com/energy/dual-to…
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Setting the stage:
Jamil Mazhar, Deputy Secretary-General of the PFLP came out in support of China, claiming SwCC shows an important turning point in international relations and in the struggle against American Imperialism