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Chinese scientists make breakthrough in quantum computing technology

by UNTV News   |   Posted on Wednesday, July 4th, 2018

Lu Chaoyang, professor with University of Science and Technology of China, leading team on quantum bits research (Image grabbed from Reuters video)

 

Chinese scientists have successfully entangled 18 optical quantum bits, a key achievement that will dramatically promote quantum computing speed.

Entangling as many quantum bits as possible can lead to an exponential increase of quantum computing speed. However, scientists are facing a huge challenge to entangle a large amount of quantum bits.

A group of Chinese scientists for the first time entangled as many as 18 quantum bits by adopting a new technology called the multi-degrees of freedom photon control method.

“If I can control the three degrees of freedom of a photon, then it’s equivalent to triple it. The control of multi-degrees of freedom is another effective approach for us to further increase the number of the controllable quantum bits. We have adopted multiple approaches at the same time to achieve the large-amount quantum bits entanglement,” said Lu Chaoyang, professor with the University of Science and Technology of China.

Lu added that this achievement can be used in large-scale, high-efficiency quantum information technology, and can be regarded as a milestone in the technology’s development.

“Our next plan is to surpass the conventional computers using integrated circuits in human history, then surpass the fastest commercial computers of our times, and then surpass the supercomputers. This is our fundamental plan,” said Lu. — Reuters

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China has emerged as America’s favorite scapegoat: American economist

by UNTV News   |   Posted on Monday, July 23rd, 2018

(lChinese President Xi Jinping U.S. President Donald Trump at Mar-a-Lago state in Palm Beach, Florida, U.S., April 6, 2017. REUTERS/Carlos Barria/File Photo

American politicians like to blame others for their own problems, and China has emerged as America’s favorite scapegoat, said American economist Stephen Roach.

Stephen Roach, a senior fellow of the Jackson Institute of Global Affairs under Yale University, made the statement in an interview with China Central Television (CCTV) in New York on July 13.

In his book “Unbalanced: The Codependency of America and China”, Roach discussed what caused the trade deficit of the U.S. to China, and argued that the “low-saving” culture and the “enjoy-now-pay-later” lifestyle of the U.S. are the main reasons behind the trade deficit.

“When you don’t save but you want a growth, you must import surplus savings from abroad, and to do that, you run a big balance of payments deficit, and trade deficits with many countries to attract foreign capital. Last year, we had trade deficits with 102 individual countries. That’s an outgrowth of our saving-investment imbalance, not a reflection of China doing damage to us through currencies, unfair trade practices or industrial policy as the Trump Administration is trying to convince the Americans to believe,” said Roach.

Roach had worked in the American investment bank Morgan Stanley for over three decades and cooperated with many Chinese companies. He has his own experience of working with China Construction Bank to establish China International Capital Corporation Limited when he was at Morgan Stanley as an example to refute the so-called “forced-technology transfer”.

“We worked together. Of course, we shared people, we shared systems, we shared solutions, we shared strategies. It was nothing forced about that. We wanted to build a successful business. That’s what joint ventures are all about,” said Roach.

Roach continued to say that China has emerged as America’s favorite scapegoat, and it was fundamentally because of the U.S. political system.

“Why is it that we need to blame others for our problems? I think it goes back to the value proposition behind our political system. We have a very short-term political horizon. We have our House of Representatives gets reelected every two years, senators every six years, the president every four years. None of them can admit that they may have made a mistake in governing, passing laws. And rather than admit that they make mistakes, they find it very convenient to blame others for issues that arise in the United States with respect to income inequality, jobs, real wages,” said Roach. — Reuters

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China’s new Alzheimer’s drug completes phase 3 clinical trial

by UNTV News   |   Posted on Wednesday, July 18th, 2018

 

China’s new Alzheimer’s drug GV-971. CCTV via Reuters

A Chinese research group on Tuesday announced that a new drug to treat Alzheimer’s disease completed its third clinical trial.

The drug GV-971, extracted from brown algae, was developed by Ocean University of China, the Shanghai Institute of Materia Medica under the Chinese Academy of Sciences, and Green Valley Pharmaceutical Co., Ltd, after a 21-year study.

A phase three clinical trial is the last test before a drug reaches the market. For this drug, the test examined its effectiveness and safety in treating patients with mild-to-moderate Alzheimer’s.

Independent animal experiments showed that the new drug can regulate patients’ immune systems, reduce neuroinflammation and improve cognition.

Alzheimer’s disease is an irreversible, progressive brain disorder that slowly destroys memory, thinking skills and the ability to carry out simple tasks. The disease affects about 48 million people worldwide, and the number is expected to increase with aging populations. -Reuters

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China breaks into top 20 innovative economies

by UNTV News   |   Posted on Wednesday, July 11th, 2018

 

Global Innovation Index 2018 (Image grabbed from Reuters video)

China broke into the top 20 most-innovative economies in the annual Global Innovation Index (GII) ranking published on Tuesday by Cornell University and the World Intellectual Property Organization (WIPO).

Switzerland retained its top place this year, followed by the Netherlands and Sweden. China climbed to 17th from 22nd place last year, according to the ranking.

The United States slid from 4th in 2017 to 6th, though in absolute terms, it remained the top contributor to key innovation inputs and outputs.

The United States came second after China in the volume of researchers, patents, and scientific and technical publications, according to the ranking.

WIPO Director General Francis Gurry said that China’s rapid rise heralded “the arrival of multipolar innovation,” reflecting “a strategic direction set from the top leadership to developing world-class capacity in innovation and to moving the structural basis of the economy to more knowledge-intensive industries that rely on innovation to maintain competitive advantage.”

Switzerland, Luxembourg, and China ranked top three in terms of translating investments in education and research and development expenditures into high-quality innovation outputs, according to the ranking.

A survey of “top science and technology clusters” around the world put the areas around Tokyo-Yokohama and Shenzhen-Hong Kong atop the list, while the United States had the greatest number of hotspots with 26.

The top 10 innovative economies also include Britain, Singapore, Finland, Denmark, Germany, and Ireland.

GII ranked 126 economies based on 80 indicators, ranging from intellectual property filing rates to mobile-application creation, education spending and scientific and technical publications. -Reuters

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