home soon after graduation totaled 519,400 in 2018, up 8 percent from the previous year, the ministry said.
A total of 5.86 million Chinese studied abroad from 1978 to the end of 2018. More than 4.32 million co
mpleted their studies, and more than 3.65 million returned to China soon after completing their studies, it said.
The return rate soon after graduation was around 80 percent last
year. In 1987, the return rate was about 5 percent, and in 2007 it stood at 30.6 percent.
Ran said more people are returning to China because they are finding it difficult to land job
s overseas, while at the same time the domestic employment market is becoming more appealing.
Chu Zhaohui, a researcher at the National Institute of Education Sciences, said finding a job in Chi
na has not been easy in recent years because of the rising number of students graduating from domestic universities.
y day in the way 3D printers are used in key industries, including automotive, aerospace and
medical, we believe that we’re still just scratching the surface of the potential for 3D printing as an enabl
er of digital transformation,” said Tim Greene, research director at consultancy IDC.
Industry experts, however, have noticed a gradual paradigm shift. Acco
rding to Agam, the sector is on the cusp of a transformation from prototyping and desig
n to real-life manufacturing and end-user engagement. This year could herald such changes.
Conglomerates are leading the pack, with GE celebrating the 30,000th additively-manufac
tured fuel nozzle tip on a 3D printing device at its aviation plant in the US a couple of months ago.Under the addit
ive manufacturing method, the number of parts in a single fuel nozzle tip was reduced from about 20 pieces previo
usly welded together to one whole piece. The nozzle tip’s weight was cut by about 25 percent.
that have struggled to stay afloat.In the 1990s China Record Group Co Ltd, the biggest and oldest re
cord company in the country, sold about 10 million records, such as pop, folk, and classical music by Chinese
singers and orchestras, says Hou Jun, the company’s vice-president. In the early 2000s the number dropped to no more
than 10,000 copies, and the huge change in the way music was consumed led to many Chinese record companies folding.
In the late 1990s China Record Group Co Ltd closed down its last vinyl prod
uction line because of the decline of the market for physical records.However, last year, as the
company celebrated the 110th anniversary of its founding, it launched a project to revive vinyl production. The com
pany has imported a production line from Germany that marks the start of the company’s
vinyl production, and it has set up a vinyl records factory in Shanghai that has a complete production line.
Firm likely to be largest smartphone vendor in the world by end of this year
Huawei Technologies Co said on Thursday that it aims to grow the revenue of its consumer business group, which chiefly includes
smartphones and personal computers, to $100 billion in three years and to $150 billion in five years.
The announcement came after the company’s consumer busin
ess group posted $52.5 billion in revenue last year, up 45 percent year-on-year. Th
at also marked Huawei achieving the target of $50 billion two years ahead of schedule.
Yu Chengdong, CEO of Huawei’s consumer business group, said five years later, smartphone
s will account for about two-thirds of its $150 billion revenue goal, and computers, smartwatches as well as oth
er internet of things devices are likely to account for about one-third or 40 percent of its CBG revenue.
According to Yu, Huawei is likely to become the largest smartphone vendor by the end of this year at the earliest, althoug
h its products are not available in the United States and South Korea due to “nonmarket factors”.
Canalys, said it is possible for Huawei to achieve its ambitious revenue target if it can maintain its current growth rate and everything goes well.
“Huawei is also increasing the average selling price of its smartphones and expan
ding its presence in the premium segment, which will significantly boost revenue,” Jia said.
But the global smartphone market is reaching saturation point, so Huawei has to encroa
ch on other smartphone vendors’ market share to maintain a good momentum, Jia added.
On Thursday, Yu also unveiled the P30 smartphone series in Shanghai. Priced from 3,988 yuan ($594) in China, the P30 Pro co
mes with optimized photo-shooting capabilities. By leveraging artificial intelligence and a new light sensor, th
e new model would significantly boost light absorption to create better photos, even in near darkness.