China sets economic growth target of 'around 5%' for 2023

11 Sept 23:07 Key points summarised by AI

China announced an economic growth target of "around 5 percent" for 2023, marking one of its lowest targets in decades, during the opening of the annual National People’s Congress.
Outgoing Premier Li Keqiang also outlined goals to create "around 12 million new urban jobs," maintain urban unemployment at "around 5.5 percent," and target a consumer price index rise of "around three percent."
Li acknowledged a steady economic recovery but cautioned about increasing external uncertainties, high global inflation, and escalating attempts to suppress China.
Beijing prioritizes the recovery of consumption and youth employment, particularly for college graduates, following a significant miss of its 2022 growth target due to strict Covid-19 policies and a property crisis.

Websites go dark as AI exposes critical security flaws

Yesterday 09:14 Key points summarised by AI

AI models discovered critical, long-undetected security flaws in PHP, a programming language that powers approximately 70% of the world's websites.
Governments and companies globally initiated urgent website shutdowns to apply a fix and safeguard against potential widespread exploitation by hackers.
These vulnerabilities are considered among the most severe in software history, potentially allowing unauthorized server access for data theft or content modification.
The incident marks a new phase where AI significantly accelerates the discovery of internet-scale security bugs, creating immense pressure for immediate patching of vulnerable systems.