the big data industry and is willing to share opportunities of the dig
ital economy’s development with other countries and jointly explore new growth drive
rs and development paths by exploring new technologies, new business forms and new models, Xi added.
With increasingly wider applications of digital technologies in China, the country is expected to genera
te and store 27.8 percent of global online data by 2025, up from 23.4 percent last year, according to a re
port by market researcher International Data Corp and data storage firm Seagate.
In comparison, the US share will stand at 17.5 percent by 2025, a drop from its 21 percent share in 2018, the report added.
United Nations Secretary-General Antonio Guterres said that f
rom medicine to transportation to farming, big data presents the world with a r
emarkable tool to advance global progress, but with that opportunity also comes risk.
ities have grown more quickly than in big cities, including clothing, food, beverages and home appliances, Chen added.
During Spring Festival in February, small-town youths in third- an
d lower-tier cities outperformed their peers in bigger centers of population in consu
mption across major e-commerce platforms, including the number of orders placed and the range of products bought.
In third- and fourth-tier cities, total online spending during Spring Festival rose by 55 percent year-on-year, comp
ared with 51 percent in first-tier metropolises. Spending by small-town youths on beauty products rose by 7.8 perc
ent year-on-year, compared with a 5.4 percent increase among their peers in larger cities, according to a report rel
eased by Tmall－Alibaba’s e-commerce platform－and market research company Kantar Worldpanel.
Small-town youths have also boosted the movie industry. For example, in the first quarter of this year, some
56 percent of the box office for The New King of Comedy came from lower-tier cities, as did 46 percent for Crazy Alien.
eijing, Hangzhou, Johannesburg and London. The events have been broadcast live on inter
net and multimedia platforms, reaching an international audience, particularly young people.
This upcoming event will also be broadcast live on the China Daily website and ap
p, as well as China Daily’s account on Sina Weibo, Tencent Video, Toutiao, Bilibili, Facebook and Twitter platforms.
A former Peking University student suspected of killing his mother has been captured after th
ree years on the run, said a Fuzhou Public Security Bureau official on Thursday, Beijing News reported.
Wu Xieyu was caught at Chongqing Jiangbei International Airport when boa
rding a plane on April 21, the newspaper reported, quoting sources close to the police.
The Belt and Road Initiative aims to build the Silk Road Economic Belt and the 21st Century Maritime Silk Road and deliver polici
es, infrastructure, trade, financial and people-to-people connectivity via a new platform for a brighter futur
Man suspected of killing mother arrested after three years on the run
that have struggled to stay afloat.In the 1990s China Record Group Co Ltd, the biggest and oldest re
cord company in the country, sold about 10 million records, such as pop, folk, and classical music by Chinese
singers and orchestras, says Hou Jun, the company’s vice-president. In the early 2000s the number dropped to no more
than 10,000 copies, and the huge change in the way music was consumed led to many Chinese record companies folding.
In the late 1990s China Record Group Co Ltd closed down its last vinyl prod
uction line because of the decline of the market for physical records.However, last year, as the
company celebrated the 110th anniversary of its founding, it launched a project to revive vinyl production. The com
pany has imported a production line from Germany that marks the start of the company’s
vinyl production, and it has set up a vinyl records factory in Shanghai that has a complete production line.