The center will create a supercomputing platform that is based on a deep-learning framework developed by SenseTime and will offer highly customized and integrated AI solutions to customers from the healthcare, education, transportation and entertainment industries.
The ceremony was held to mark the 11th anniversary of the 2007 summit in Pyongyang between then ROK President Roh Moo-hyun and then DPRK leader Kim Jong-il, the father of the current leader.
The central government has been intensifying efforts to revitalize Liaoning's economy. It has helped upgrade the local industrial structure, fostered modern services and stimulated the growth of private companies.
The central government released a series of policies to promote balance between outright home sales and property rentals, as part of an effort to cool the overheated real estate market and meet the growing demand for accommodation, industry insiders said.
The central bank kept the new benchmark lending rate, the oneyear loan prime rate (LPR), at 4.2 percent this month, unchanged from the level in September. The People's Bank of China, the central bank, has an obligation to report this rate on the 20th day of each month.
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The central bank waived inter-bank transfer fees of donations and fund remittances for epidemic prevention to Hubei and other virus-hit regions through its payment and clearing system.
The city announced it would further restrict commercial activity and people's mobility, including by closing certain train stations.
The city will also provide prenatal genetic testing for women who have a second child in the city, and the women will get 300 yuan () in subsidies for medical checkups during the pregnancy.
The city estimates the taxes collected from companies below the billion annual payroll threshold will generate about 3.5 million dollars each year. The City Council does not know how much additional revenue would come from taxes on companies with annual payrolls exceeding billion annually because that data is confidential.