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higher than in previous years,” she said. “Also, the rainy season is supposed to begin after the May Day holiday, but I haven’t seen a drop of rain so far.”
Data from the National Climate Center shows that the average rainfall from April 1 to May 17 is 35.3 millim
eters, down almost two-thirds from the same period last year, the least recorded rainfall over that period since 1961.
In addition to the drought, the average temperature is 1.9 C higher than average for the period, the highest since 1961.
Chen, the chief forecaster, said that according to the mid- to long-term forecast ra
infall will relieve drought in the eastern part of Yunnan province, though its western part will still be plagued by the drought.
Surveillance from the National Climate Center shows that
drought is also occurring in the Inner Mongolia and Guangxi Zhuang autonomous regions, as well
policies for residence permits and financial incentives to lure more talent.
For example, Zhenjiang in Jiangsu province, promised bonuses of 150,000 and 200,000 yuan for house purchases to gradua
tes with master’s and doctoral degrees, respectively, after they work in the city for three years.
Haikou, capital of Hainan province, is attracting college students with a monthly rent s
ubsidy of 1,500 yuan, with an 18,000-yuan allowance to graduates who decide to buy an apartment there.
Employment, especially some groups such as college gradu
ates and demobilized military staff, remains a priority to the government.
Premier Li Keqiang said at a teleconference on May 13 that employme
nt pressure will be felt this year by a larger number of college graduates. However, promotin
Central bank vice-governor voices confidence amid currency volatility
The monetary authority vowed to stabilize the renminbi amid escala
ted trade tensions, while continuing to push forward financial opening-up and pr
otecting overseas investors’ legal rights, said a senior official from the central bank on Sunday.
“We have the foundation, confidence and capacity to maintain a stable foreign exchange ma
rket in China, and keep the renminbi exchange rate at a reasonably stable equilibrium,” said Pan Gongsheng, vi
ce-governor of the People’s Bank of China, the central bank, said in a statement on its website.
Before his pledge, the onshore renminbi rate depreciated to 6.9182 per do
llar at Friday’s close, the weakest level since December, and the offshore renminbi rate h
Praising Tianjin’s efforts and achievements in intelligent sc
ience and technology, Liu Chuanzhi, board chairman of Legend Holdings Co Ltd, pred
icted the city will make a qualitative leap in two to three years by combining intelligent technologies with manufacturing.
Liu, also founder of Chinese computer giant Lenovo, said his company, like Tianjin, considers intelligent technology a new imp
etus. Lenovo is working on many intelligent applications and has invested in many high-tech ma
nufacturing enterprises. It uses various artificial intelligence-driven algorithms and machine learning to ana
lyze the data of its supply chain system, using it to optimize Lenovo’s new intelligent spare parts supply chain.
Liu Qingfeng, chairman and CEO of iFlytek, said the company has developed a series o
f products driven by AI applications, based on small samples over the past year.
The company’s latest technological breakthrough is for the first tim
e its machine has surpassed humans in English reading comprehension, Liu said.
He said that he believes AI in 2019 has entered the year of large-scale application.