The government has cut this year’s growth forecast to 3.5% to 4.5%

Challenges likely to persist amid weak demand, currency swings and volatile commodity prices

Analysts say the award reinforces its position to capture a growing share of the country’s AI infrastructure build-out

Amazon Web Services poll finds that some 40% of businesses are now adopting artificial intelligence, up from 28% last year

The authority will buy a 60% stake in the project while Chinese state firms continue to hold 40% interest