China's CPI dips 0.1 pct in May

China's consumer price index (CPI), a main gauge of inflation, was down 0.1 percent year on year in May, official data showed on Monday.

On a monthly basis, the CPI dipped 0.2 percent last month, according to the National Bureau of Statistics (NBS).

The core CPI, which excludes food and energy prices, climbed 0.6 percent year on year in May, accelerating from a rise of 0.5 percent registered in April.

For the January-May period, the country's CPI averaged a 0.1-percent decline compared with the same period of last year, according to the NBS.

China's CPI dips 0.1 pct in May

China's CPI dips 0.1 pct in May

China's CPI dips 0.1 pct in May

China's CPI dips 0.1 pct in May

China aims to achieve secure and reliable supply of key core artificial intelligence (AI) technologies by 2027, with its industrial scale and empowerment level remaining among the world's forefront, according to a recent government action plan.

The plan, jointly issued by eight departments including the Ministry of Industry and Information Technology, the Cyberspace Administration of China, and the National Development and Reform Commission, outlines an ambitious push to deeply integrate AI with the manufacturing sector, foster new quality productive forces and comprehensively empower new industrialization. By 2027, the plan targets the deep application of three to five general-purpose large AI models in manufacturing, the development of specialized, full-coverage industry-specific large models, the creation of 100 high-quality industrial datasets, and the promotion of 500 typical application scenarios.

It also aims to cultivate two to three globally influential ecosystem-leading enterprises, a batch of specialized and sophisticated small and medium-sized enterprises, and a group of enabling service providers proficient in both AI technology and industry know-how.

Furthermore, China plans to build a world-leading open-source ecosystem, enhance security governance capabilities, and contribute Chinese solutions to global AI development.

The document outlines measures including promoting the coordinated development of AI chips' hardware and software, supporting innovations in model training and inference methods, fostering key industry-specific large models, and deeply embedding large model technology into core production processes.

The plan also emphasizes making breakthroughs in key technologies such as security protection for industrial model algorithms and training data protection.

China aims for secure, reliable supply of AI core tech by 2027