Connect with us

Technology

CGTN: 5th CIIE: China’s door will further open after 20th Party congress

Published

on

BEIJING, Nov. 4, 2022 /PRNewswire/ — As the first prominent international exhibition following the 20th National Congress of the Communist Party of China (CPC), the 5th China International Import Expo (CIIE) will once again help the world better understand China’s high-standard opening-up and win-win approach.

 

Echoing his report to the 20th CPC National Congress, Chinese President Xi Jinping Friday reiterated China’s commitments to promoting high-standard opening-up.

“Openness is a key driving force behind the progress of human civilizations and an intrinsic path toward global prosperity and development,” Xi said when addressing the opening ceremony of the 5th CIIE via video.

This year’s expo is slated for November 5-10 in China’s economic hub Shanghai and expects to welcome participants from 145 countries, regions and international organizations.

Institutional opening-up

In his address, Xi said that China will work with all countries and all parties to share the opportunities from its institutional opening-up. The importance of expanding institutional opening-up is also highlighted at the report to the 20th CPC National Congress in terms of promoting China’s high-standard opening-up.

As the Chinese president vowed on Friday, China will steadily expand institutional opening-up with regard to rules, regulations, management and standards.

He further noted China will implement the strategy to upgrade pilot free trade areas, accelerate the Hainan Free Trade Port development, and tap into their role as pilot platforms for comprehensive reform and opening-up.

The pilot free trade zones (FTZ) in China enjoy greater autonomy in facilitating the country’s institutional innovation, which all implemented the foreign investment law to improve the foreign investment promotion system, the foreign investment information reporting system, and the system of regulation in process and afterwards, and protect the legitimate rights and interests of foreign investors.

For instance, The Shanghai pilot FTZ took the lead in introducing a slew of financial innovation measures in institutional reform, including enlarging cross-border use of RMB and establishing a free trade account system. The system has been introduced to pilot FTZs in Tianjin Municipality, Guangdong Province and other regions in China.

In less than 10 years after China launched its first pilot FTZ in Shanghai in 2013, the number of such zones has surged to 21 with a total of 278 institutional innovations having been formulated and replicated nationwide, demonstrating China’s firm determination to open wider.

Opportunities for all

According to the expo’s organizer, enterprises from all the member states of the Regional Comprehensive Economic Partnership (RCEP), the world’s largest free trade deal to date, will be involved in the business fair.

Nicaragua, Djibouti, Mauritania, Comoros, Mozambique, the Democratic Republic of Congo, Iraq and Iceland will for the first time be at the country exhibition of the six-day expo.

Thus, a total of 284 Fortune 500 companies will join the enterprise exhibition, with nearly nine out of 10 being repeat exhibitors.

The four previous editions of the CIIE launched more than 1,500 new products, technologies and services, with a total expected turnover exceeding $270 billion.

The CIIE’s development in the past five years has vividly shown that “the CIIE has become a showcase of China’s new development paradigm, a platform for high-standard opening-up, and a public good for the whole world,” as Xi put it at the address.

He also stressed China will work with all countries and all parties to share the opportunities in its vast market as well as share the opportunities from deepened international cooperation.

The Belt and Road Initiative (BRI) is a bright spot showing how China’s opening-up endeavors are sharing China’s development opportunities for all.

Up to now, China has signed more than 200 cooperation documents with 149 countries and 32 international organizations under the BRI, and cumulative trade in goods between China and countries along the Belt and Road is about $12 trillion (as of June 2022).

Wrapping up his speech, Xi said “China is ready to work with all countries to practice true multilateralism, build more consensus for openness, jointly overcome the difficulties and challenges confronting global economic growth, and make sure that our commitment to openness will bring about broad prospects for global development.”

https://news.cgtn.com/news/2022-11-04/5th-CIIE-China-s-door-will-further-open-after-20th-Party-congress-1eGZgs8Gkes/index.html

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/cgtn-5th-ciie-chinas-door-will-further-open-after-20th-party-congress-301669226.html

SOURCE CGTN

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

“GAC Tech” Media Immersive Tour: Polish Media Delegation Praises GAC’s Quality and Technological Prowess

Published

on

By

GUANGZHOU, China, May 8, 2025 /PRNewswire/ — From April 15 to 17, a leading Polish automotive media delegation visited GAC for an immersive exploration of the GAC R&D Center, AION’s Intelligent Eco-Factory, and the GAC Technology Museum. The visit highlighted GAC’s technological excellence, building momentum for its official entry into the Polish market in Q3 this year.

At the AION Smart Eco-Factory, the delegation witnessed firsthand the high-quality processes spanning from parts supply to vehicle assembly. As the world’s first “Lighthouse Factory” for new energy vehicles, the plant stands as an industry benchmark for both green manufacturing and automation.

During their visit to the GAC R&D Center, the Polish media delegation gained a comprehensive understanding of GAC’s strategic investments and breakthrough achievements in cutting-edge areas such as intelligent connectivity and electrification.

As part of the visit, the Polish media delegation also experienced several GAC models, including the AION V, AION UT, and HYPTEC HT.

In addition to their strong endorsement of the product, the media delegation also expressed unanimous praise for GAC’s A480 Supercharger, designed for public spaces, which impressed with its innovative technology and powerful ultra-fast charging capabilities.

To enable Polish consumers to experience GAC’s advanced quality and technological innovation as soon as possible, GAC INTERNATIONAL officially signed a distribution agreement with Jameel Motors on April 8. Several of GAC’s new energy models will be introduced to the Polish market first, offering consumers a brand-new choice in car purchasing.

Through this Polish media immersive tour, GAC has further deepened its engagement and understanding of the Polish market, while reinforcing its commitment and confidence in the principle of “Operating Locally, Integrated Locally, Serving Locally, and Contributing Locally.” Moving forward, GAC will focus on cultivating the Polish market with products and services characterized by “Top-tier Quality and Pioneering Technology.” Leveraging its strengths in the new energy vehicle supply chain, GAC will promote localized production and use it as a starting point to extend its advanced smart manufacturing capabilities and green mobility philosophy to broader European markets.

View original content:https://www.prnewswire.co.uk/news-releases/gac-tech-media-immersive-tour-polish-media-delegation-praises-gacs-quality-and-technological-prowess-302449602.html

Continue Reading

Technology

Fitterfly Launches Nutrition 360 Suite – India’s most advanced nutrition tracking solution available as a plug-and-play solution for Pharma, Insurers & digital health platforms

Published

on

By

MUMBAI, India, May 8, 2025 /PRNewswire/ — Healthtech innovator Fitterfly Healthtech today announced the launch of its complete Nutrition 360 Suite, a cutting-edge, API-based solution designed to transform how nutrition is tracked and improved, not just by individuals, but across ecosystems.

Offered as a SaaS suite for partners, this modular platform brings together Database APIs, Fitterfly Klik (AI-based photo logging), the newly launched Fitterfly Talk (voice-based multilingual logging), Meal Scoring, Meal Insights, and AI Diet Plan generator enabling digital health companies, insurers, and wellness platforms to seamlessly embed powerful nutrition features into their products.

Built on years of clinical expertise and trusted by over 20 lakh users, the suite is powered by Fitterfly’s proprietary food database – one of the most comprehensive in India, covering a wide range of regional, international and packaged foods. Rooted in science and designed for real-world use, the technology has already shown measurable impact in supporting people with diabetes, obesity, and heart disease to make sustainable lifestyle changes.

“We’ve taken the everyday friction out of meal logging and built the Fitterfly Nutrition 360 Suite that speaks the language of real life – across regions, platforms, and health goals,” said Dr Arbinder Singal, Co-founder and CEO, Fitterfly. “Now we’re opening it up to partners – giving them a simple way to integrate nutrition tracking that actually works for their users.”

The Fitterfly Nutrition 360 Suite includes tools and builds upon Fitterfly’s philosophy of Digital Pills. These tools include:

Nutrition Calculators – Fitterfly provides 5 macro and 50+ micronutrient values for more than 40,000 foods eaten across India via APIs. The APIs can be configured to develop various nutrition calculators for calories, weight loss, skin & hair health, pregnancy, anemia, heart health, etc.

Fitterfly Klik – Snap and Log – With just a photo, users can log their meals in seconds with Fitterfly AI food cam. Powered by advanced image recognition and India’s most extensive food database, Klik breaks down nutritional content – from calories to macronutrients – automatically. Klik reduces the effort required for meal logging by up to 90%.

Fitterfly Talk – Speak and Log – Newly introduced, Talk allows users to log meals using natural voice commands in English and 8 Indian regional languages, including Hindi, Bengali, Gujarati, Kannada, Malayalam, Marathi, Tamil, and Telugu. It’s built for inclusivity, catering to users who prefer to speak rather than type or photograph.

Meal Scoring – Understand at a Glance – Every meal logged receives a clear, colour-coded score out of 10, giving users an instant, intuitive view of its health quotient. No jargon. No confusion.

Meal Insights – Act and Improve – Smart suggestions powered by Fitterly’s AI, guides users toward better choices in real-time – from portion control to healthier swaps – making every meal a learning moment.

Diet Plan generator – AI-assisted recall with templates across 136 Indian and International cuisines, to ensure diet plans are personalised with 30,000+ recipes.

With GLP1 drugs changing the way we approach weight loss, Fitterfly understands that real, lasting results need more than just medication. While these drugs show strong early results, long-term success depends on a well-rounded approach. That’s where Fitterfly’s Nutrition 360 Suite comes in — using AI to support and strengthen the impact of GLP1 therapies with smarter, sustainable lifestyle tools.

“By partnering with Fitterfly, Pharma companies can offer a complete solution that addresses both the pharmacological and behavioral aspects of weight loss, ensuring sustainable outcomes in this new era of GLP1 therapies,” said Shailesh Gupta, Co-founder at Fitterfly.

The Fitterfly Nutrition 360 Suite is now available as a white-labeled SaaS offering for partners across industries.

About Fitterfly

Fitterfly is a leading Indian healthtech company specialising in digital therapeutic programs for managing diabetes, obesity, and heart disease. Co-founded in 2020 by Dr Arbinder Singal and Shailesh Gupta, the Mumbai-based company employs doctors, nutritionists, psychologists, fitness experts, and technologists. Fitterfly aims to improve metabolic health by focusing on conditions like pre-diabetes, diabetes, obesity, hypertension, and heart disease. Fitterfly has significantly contributed to health technology research, publishing over 80 papers and winning numerous awards, including the Economic Times Healthtech Startup of the Year 2022. Fitterfly has raised $16.6 million in funding, with its last round in June 2022 led by Amazon with support from Fireside Ventures, 9 Unicorns, and Venture Catalysts.

To explore integration with our APIs or request a demo, write to Head, Enterprise Sales – anjali@fitterfly.in 

Photo: https://mma.prnewswire.com/media/2680686/Fitterfly_Nutrition_360_Suite.jpg

 

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/fitterfly-launches-nutrition-360-suite–indias-most-advanced-nutrition-tracking-solution-available-as-a-plug-and-play-solution-for-pharma-insurers–digital-health-platforms-302448552.html

Continue Reading

Technology

THE ADECCO GROUP Q1 2025 RESULTS

Published

on

By

Strong execution driving market share gains with solid margins

ZURICH, May 8, 2025 /PRNewswire/ — HIGHLIGHTS

Revenues -2% yoy, +3% qoq; Outperforming markets, Adecco’s relative revenue growth strong, +130 bpsBy GBU, Adecco, -1% yoy, led by APAC +11% and Americas +4%; Akkodis -8%, with Consulting -5%; LHH -5%Healthy 19.4% gross margin, -40 bps yoy, reflecting current business mix, firm pricing2.4% EBITA margin excl. one-offs, -40 bps yoy, reflecting agile capacity management, good cost discipline and favourable timing of FESCO JV incomeOperating income €111 million, -11% yoy, constant currency; Net income €60 million, -19% yoyBasic EPS €0.36; Adjusted EPS €0.48Strong LTM cash conversion 105%. Operating cash flow -€144 million, mainly reflecting working capital absorption for growth, and in line with normal seasonality

Denis Machuel, Adecco Group CEO, commented:

“The consistent, rigorous execution of our strategy continues to pay off. In the first quarter, we gained market share with solid margin performance. We will meet our commitments, navigating increased macroeconomic uncertainty from shifting trade policy with strong cost discipline, securing G&A savings and through the agile management of sales and delivery capacity. We are firmly addressing areas of underperformance and have good traction in the turnaround of Adecco US. We are well positioned to gain further market share through AI-driven innovation and customer proximity in the quarters to come.”

Full Press Release

Webcast Details | Investors & Analysts

Media contact: media@adeccogroup.com 

Logo – https://mma.prnewswire.com/media/2608173/5306929/The_Adecco_Group_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/the-adecco-group-q1-2025-results-302449178.html

Continue Reading

Trending