The fund will be used to support AI capacity-building, international expansion and new business initiatives, including the development of new energy vehicle service networks.
The generation that helped rebuild Asia's fourth-largest economy after the 1950-53 Korean War is now the poorest and most depressed among member countries of the Organization for Economic Cooperation and Development.
The garden is the fruit of 26 years of painstaking toil and scientific exploration by Zheng Wentai. Standing in the center of his huge tropical rainforest garden that radiate around for more than 800 hectares, one cannot help but be overcome with emotion by the amazing power arising from a deep rooted dream, courage and persistence.
The government expects NEV output and sales to hit 2 million annually by 2020, according to a plan released last year.
The government has dispatched some 27,000 Self-Defense Force personnel for rescue and relief operations across the country.
The founder of the company, Ross Meaclem, told Xinhua on Wednesday that he was "excited" for the opportunity that the Torch program would provide his company through partnership with China, and looks forward to establishing mutually beneficial outcomes with businesses in the Chinese market.
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The global success of artists including Adele, Coldplay and Ed Sheeran helped music exports rise by almost 10 percent in 2015, while contributing 4.1 billion pounds to the UK economy.
The government is working to boost market sentiment, announcing a slew of measures to reduce liquidity concerns.
The fourth edition of AVIC International sponsored technical skills upgrade program has gained traction among Kenyan youth grappling with joblessness and financial hardships.
The fund's major investments include bank deposits, trust loans, equity investment, equity fund, transfer of State-owned shares and indexed stocks.