Briefly

Foreign exchange reserves rise

China's foreign exchange reserves reached nearly $3.23 trillion at the end of February, up by $18.2 billion, or 0.57 percent, compared to January.

Smart charging piles push green driving

The State Grid has upgraded select charging piles to promote green driving. Its unit in Xuzhou of Jiangsu province has installed an "intelligent monitoring platform for charging piles" as part of a digital upgrade. Sun Yiming of State Grid Xuzhou Power Supply Co said that by installing intelligent terminals the platform can collect 12 kinds of operating parameters such as voltage, current and temperatures in real time, while establishing a fault prediction model based on AI algorithms, warning of hidden dangers such as equipment overheating and aging insulation, up to seven days in advance. Last year, the average monthly failure time of charging piles decreased from 7.8 hours to 3.6 hours, a drop of 52 percent year-on-year.

Xinhua - China Daily