The "Cloud 2025" Rescue Skills Competition started on Sunday in Dali Bai Autonomous Prefecture, southwest China's Yunnan Province, with over 300 contestants from four countries participating.
The four-day competition, held at the Shimen Pass scenic spot in Dali, focuses on the increased demands on rescue teams brought about by theorizing popularity of outdoor sports.
The participating countries include China, Nepal, Cambodia, and Laos.
The competition simulates scenarios such as casualty rescue, cliff falls, and ravine entrapment.
It also recreates all the rescue steps, from dispatch and navigation to trace detection and casualty transport.
"For rescue and these kinds of adventure activities, it's my first time, and it's totally amazing for me. And we have seen lots of drones, lights for rescue, and some rescue technologies -- everything. And this is amazing for us," said Sudarshan, president of the Everest Alliance Nepal.
"Our rules in this year's event are inclusive and open -- our rescue techniques, equipment and concepts are all open for sharing. Through this 'firefighting plus sports' model, we hope to bring together domestic and international rescue teams to truly embody our concept of 'Rescue Knows No Borders,'" said Ma Jun, director of the operational training division of the Yunnan Provincial Fire and Rescue Corps.
Since its inception in 2020, the competition has attracted over 60 teams from seven countries.
Int'l outdoor rescue skills competition kicks off in Yunnan
Chinese stock markets dropped on Monday, as AI and tech stocks continued to see-saw, according to China Global Television Network (CGTN) market analyst Timothy Pope.
The benchmark Shanghai Composite Index closed down 0.59 percent at 3,882.01 points, with the Shenzhen Component Index, which has more exposure to the tech sector, closing 2.13 percent lower at 13,794.29 points.
Trading volumes on the two indices rose with around 2.01 trillion yuan (about 296.28 billion U.S. dollars) traded on Monday, up from 1.88 trillion yuan (about 280 billion U.S. dollars) last Friday.
Traditional sectors such as precious metals, coal mining, and insurance led the gains, while bio-tech stocks were among the top decliners.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 3.21 percent to close at 3,431.89 points on Monday.
The STAR Composite Index, which tracks the performance of stocks on China's sci-tech innovation board, closed 3.10 percent lower on Monday at 1,896.16 points.
"The A-share markets seem locked in this cycle of rally and rout for those growth stocks, particularly in the AI and adjacent sectors. Today was very much on the rout side so, while the Shanghai Composite Index was down 0.6 percent, we saw the Shenzhen Component down more than 2 percent, the ChiNext board was down 3.2 percent and the STAR 50 down 3.1 percent. Those last three are more exposed to the tech rally than the Shanghai Composite. The big losers as I said were AI hardware companies - Shenzhen Gongjin Electronics was down 10 percent, Zhongji Innolight fell more than 7 percent. But they weren't alone because the other big winning sector of the last few weeks - biotech - was in retreat today as well. Investors were rotating into gold and coal stocks as well, and agricultural stocks extended the food security trade rally that we saw at the end of last week. There were a number of stocks across those sectors, all of those were hitting the upper limits of trade today," said Pope.
Pope said the rest of the week will be dominated by earnings reports from some of China’s biggest companies.
"The rest of the week is going to be mostly about earnings. The end-of-August filing deadline is fast approaching. Friday will be a really big day on the earnings calendar. We've got BYD, PetroChina, Shenhua Energy and a lot of big banks as well. Earnings that we are going to see for ICBC, China Merchants Bank and others will give us an insight into how much pressure the big banks are under with their margins. BYD is also going to be an interesting one in light of the government's anti-involution campaign and its efforts to avert a bit of a race to the bottom in the EV sector. And before we get there, there are Nvidia results in the US on Wednesday which will doubtless impact every stock in the AI space," he said.
Chinese stock markets start week lower on AI volatility: analyst
