China warns of more floods as extreme storms hit the country
China issued red alerts as extreme monsoon rain trigger flash floods across central and southern regions, threatening lives, and infrastructure.
China’s development centered on digital resources is gaining momentum under a new three-year plan aimed at boosting information use to support economic and social growth.
China's data-driven development has gained momentum since the launch of a three-year action plan. The 2024–2026 initiative aims to promote the use of data as a factor of production and strengthen its role in supporting economic and social development.
The National Data Administration, China’s central government agency responsible for data governance and digital development, said on Thursday that the plan has already made solid progress in turning data into a valuable resource for industries.
Since the strategy was launched over a year ago, more companies have entered the data market. According to official Luan Jie, nearly 500 digital tech firms have been established by central enterprises, and around 66% of leading companies across various sectors have begun purchasing data.
The integration of data has helped businesses achieve better performance and efficiency across a range of sectors. For instance, in agriculture, certain farming enterprises have boosted crop yields by 5.5% through data-driven fertilization strategies. Meanwhile, in the industrial sector, top companies have reduced research, procurement, and product delivery cycles by more than 30% by leveraging data across their entire supply chains.
Authorities have pledged to continue advancing pilot initiatives, addressing existing challenges, and fully implementing the national framework.
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
Israeli strikes have reportedly targeted areas near the residences of Iran’s Supreme Leader Ayatollah Ali Khamenei and President Masoud Pezeshkian, according to the New York Times, citing local witnesses.
Azerbaijan Airlines (AZAL) has cancelled certain flights scheduled for 13th and 14th June amid recent escalation of situation in the Middle East and the closure of airspace in several countries for security reasons.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
Germany’s producer prices dropped 1.2% year-on-year in May, in line with market expectations, largely due to falling energy prices, official data showed Friday.
The World Bank is pushing for “radical” debt transparency from developing countries to prevent future financial crises, warning that hidden debts are fueling instability.
European stock markets ended the day in negative territory following interest rate decisions by major central banks, including the U.S. Federal Reserve (Fed) and the Bank of England (BoE).
South Korea’s new administration proposed $14.7 billion in additional spending on Thursday to boost weak domestic demand, as President Lee Jae Myung pushes economic recovery as his top priority.
If the European Central Bank adjusts interest rates in the next six months, the move would likely be a cut, ECB policymaker Francois Villeroy de Galhau said on Thursday.
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