Smart Industry Initiatives Meet Medical Care
The National Health Commission has approved the nation's first radiological image database project with between 350 and 400 hospitals, according to an announcement at the Second Congress of China Artificial Intelligence in Medical Imaging.
The Chinese Society of Radiology will build the database which will facilitate the sharing of patient information. It aims to promote smart medical care while setting new industry standards. The project is expected to develop artificial intelligence software testing and training, too.
The technical process behind this technology will transform patient data into mobile, shared public data. The standardization of scan data collected from patients can essentially help medical institutions to save time.
The Chinese Medical Association want companies to join in the construction of the radiological image database, said Liu Shiyuan, soon-to-be chairperson of the radiology branch of the Chinese Medical Association. He said smart medical care was more than a matter for hospitals only.
GE Healthcare, Siemens Healthineers and Philips and China's United Imaging Healthcare have been developing AI digital medical platforms.
Tencent Tackles Esport Giant
Linzhi Tencent Technology Co. Ltd., a wholly owned subsidiary of Tencent Holdings Ltd, has become controlling shareholder of livestreaming game platform, Huya, according to corporate data inquiry company Tianyancha.
Tencent Holdings has now taken full control of Huya. Former shareholders of Huya including a Guangzhou internet technology company and an investment consultant are no longer shareholders.
Tencent announced this summer a proposal to consolidate Huya and its rival Douyu and its plan to hold 51% of Huya's shares and 70.4% of its voting rights. Tencent previously had 36.8% stake and 50.9% voting power of Huya.
New York Stock Exchange-listed Huya has a current market capitalization of $5.78 billion while Douyu's is $4.83 billion. Together they host more than 300 million monthly esports users. Tencent holds a 38% stake in Douyu.
Three New Free-Trade Zones Help Sector Opening
China plans to establish three new pilot free trade zones in Beijing, central China's Hunan Province and the eastern province of Anhui. They will all be about 120 square kilometers in size, according to state-run Xinhua News Agency.
The Beijing FTZ will have zones for science and technology innovation, international business services and high-end industries. The city wants to concentrate on opening up its financial sector.
Plans in Beijing include implementing a negative list for foreign investment and granting qualifications to more foreign banks to conduct custody services for securities investment funds. Additionally, the capital city will promote cross-border yuan payments and foreign exchange.
Since Shanghai opened China's first FTZ in 2013 the state government has tried to attract foreign investment, stimulate trade and boost economic development through more zones elsewhere. There will be 21 FTZs in China with these new three.
