Technology

China’s remarkable achievements over the last 75 years belong to the world

Published

7 months ago

June 13, 2024

BEIJING, June 12, 2024 /PRNewswire/ — In Beijing, the essay topic for the English test of this year’s gaokao focuses on the 75th anniversary of the founding of the People’s Republic of China. Chinese middle school student Li Hua was asked to offer some suggestions to his foreign friend Jim, who wants to write a piece on this subject. To help enlighten Jim as well as those who are interested in China’s development, the Global Times invited several foreign experts and observers to share their insights on China’s great achievements in various spheres over the past seven and a half decades. This is the third piece of the series.

In 1949, China was one of the world’s poorest countries. But as the country marks 75 years since the founding of the People’s Republic of China this year, the Eastern nation has already become the world’s second-largest economy.

In only 75 years, China has moved from an impoverished, underdeveloped country to a global economic giant and a major player in global governance. China is one of the largest and most powerful economies on the planet.

Driven by a strong desire for common development, China has brought prosperity to the world as its own interests are strongly interlinked with the world’s interests. The Eastern nation seeks a common, shared and prosperous future for all people in every corner of the world even as other large nations become increasingly inward-looking.

Over the past two decades, China has consistently been academically described as an emerging superpower. For instance, China is the world’s sole manufacturing superpower as its production far surpasses that of the nine next largest manufacturers combined.

China’s remarkable footprints are in the global economy, infrastructure, world peace, science and technology, global governance, development and human progress in line with global development goals.

According to the National Science Foundation, China has overtaken the US in scientific patents and published reports. Furthermore, the Australian Strategic Policy Institute declared in 2023 that China is ahead of the US in 37 out of 44 areas of technology.

Notably, the think tank finds that China leads the US in the more critical areas, including nanomanufacturing, 5G, robotics and hypersonic missiles, and has six times as many patents in artificial intelligence. China’s significant lead has been attributed to brains, ideology and money.

In many ways, China is an economic powerhouse. The Eastern nation has leveraged robust economic reforms and trade liberalization. Not only did China eradicate extreme poverty 10 years ahead of schedule in line with the Sustainable Development Goals set by the United Nations (UN), but China is today an upper-middle-income country. China has successfully pulled more than 800 million people out of poverty. Today, China is on track to becoming the strongest growth engine globally with its contribution to the global GDP standing at around 18 percent.

As a top-ranking global economic giant, China’s GDP grew by 5.2 percent in 2023. This growth is propped up by China’s opening-up policy, as the country has left the door open to foreign businesses seeking to set up in its territories.

China has emerged as a global strategic partner, playing an enormous role in the global economy as the world’s largest trading nation. It is the top trading partner with over 120 countries across the world. In 2022, China maintained its position as the second Foreign Direct Investment (FDI) destination in the world. On a purchasing power parity basis, China has long been the world’s largest economy as a manufacturer, merchandise trader and holder of foreign exchange reserves.

Besides making an increasingly large contribution to the global economy, China is a leading contributor to the UN peacekeeping budget due to its historic commitment to peace. Since 2016, China has sponsored the UN Peace and Development Trust Fund for conflict prevention and capacity building and to support peacekeeping efforts. Among the permanent members of the UN Security Council, China is the largest troop-contributing country, having sent more than 50,000 peacekeepers on peacekeeping missions in over 20 countries and regions.

On infrastructure, the massive China-proposed Belt and Road Initiative (BRI) seeks to connect Asia with Africa and Europe via land and maritime networks. Remarkably, the BRI has attracted at least three-quarters of the world’s countries and 32 international organizations.

According to official records, thus far, the mega-project has established at least 3,000 cooperation projects, leading to the creation of more than 420,000 local employment opportunities. As a result, an estimated 40 million people have ultimately been lifted out of poverty. China’s development over the past 75 years has been a blessing to global development, prosperity and peace.

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SOURCE Global Times

Technology

Singapore’s Sodion Energy Secures MWh Supply of US Developed Advanced Sodium-Ion Batteries from UNIGRID

Published

26 minutes ago

January 12, 2025

SINGAPORE, Jan. 13, 2025 /PRNewswire/ — Sodion Energy, a leading provider of sodium-ion batteries for e-mobility and integrated energy storage solutions in Southeast Asia, has secured a landmark agreement for an initial 10 MWh supply of advanced sodium-ion batteries developed by UNIGRID Inc., a California-based innovator in sodium-ion battery technology.

This collaboration strengthens Sodion Energy’s ability to address the region’s rising demand for affordable, eco-friendly, and high-performance battery solutions across mobility and energy storage sectors.

“Our collaboration with UNIGRID is a game-changer,” said Dr. CC Hang, Chairman of Sodion Energy. “These next-generation sodium-ion batteries will allow us to tackle key markets, starting with lead-acid battery replacements in e-mobility and extending into large-scale renewable energy projects and grid stabilization initiatives.”

Sodium-ion batteries offer distinct advantages, including cost-efficiency, enhanced safety, and the use of abundant raw materials, making them a sustainable choice for energy storage. With fast-charging capabilities and intrinsic non-flammability, they are exceptionally suited to Southeast Asia’s tropical climate and rapidly growing energy needs.

With a strategic focus on advanced battery technologies, Sodion Energy is poised to play a key role in driving Southeast Asia’s transition to cleaner, safer, and more sustainable energy solutions.

Website: https://sodione.com

About Sodion Energy

Headquartered in Singapore, Sodion Energy is an applications engineering leader driving the commercialization of Sodium-ion batteries across Southeast Asia. SE’s sodium-ion pack solutions are tailored to meet the diverse needs of industries such as mobility and energy storage, contributing to a more sustainable future.

View original content:https://www.prnewswire.com/apac/news-releases/singapores-sodion-energy-secures-mwh-supply-of-us-developed-advanced-sodium-ion-batteries-from-unigrid-302347661.html

SOURCE UNIGRID and Sodion Energy Pte. Ltd

Technology

AirCheck Australia & New Zealand Renamed as RCS MEDIA MONITORS

Published

1 hour ago

January 12, 2025

SYDNEY, Jan. 13, 2025 /PRNewswire/ — AirCheck, a leading provider of broadcast monitoring services in Australia and New Zealand is pleased to announce its renaming as RCS MEDIA MONITORS, effective immediately.

AirCheck monitors songs and commercials providing almost real time reporting tools for radio and television broadcasters, music media, record companies, advertising agencies and industry analysts.

This change reflects the company’s growth, expanded service offerings, and a strengthened focus on providing comprehensive media intelligence.

The new name, RCS MEDIA MONITORS, builds on the expertise of its parent company, RCS, to offer enhanced monitoring solutions. By integrating RCS’s global technology and resources, the company will provide clients with a broader range of tools for tracking and analysing media campaigns across a variety of platforms and markets.

“We’re excited to take this step forward,” said Philippe Generali, President and CEO of RCS Global. “The rebranding to RCS MEDIA MONITORS allows us to expand our reach and improve our services, giving clients access to deeper insights and a wider array of media monitoring tools. With RCS’s support, we can offer more robust data and solutions that cover not just broadcast, but also digital and emerging media channels.”

The name change signals the company’s commitment to evolving with the changing media landscape. With RCS MEDIA MONITORS, clients can expect the same reliable monitoring services they’ve trusted for over 20 years in Australia and 15 years in NZ.

www.rcsmediamonitors.com.au

About RCS MEDIA MONITORS

RCS MEDIA MONITORS (formerly AirCheck) is a leading provider of broadcast monitoring and media intelligence solutions in Australia, New Zealand and India. The company helps clients across industries optimise media strategies, measure performance, and gain insights from a wide range of traditional and digital media. RCS MEDIA MONITORS is part of RCS, a global leader in broadcast automation and media technology.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/aircheck-australia–new-zealand-renamed-as-rcs-media-monitors-302347810.html

SOURCE RCS MEDIA MONITORS

Technology

iM Global Partner mourns the passing of Philippe Uzan

Published

1 hour ago

January 12, 2025

PARIS, Jan. 13, 2025 /PRNewswire/ — It is with deep sadness that iM Global Partner (iMGP) announces the passing, one month ago, of our dear friend and colleague, Philippe Uzan.

Philippe’s exceptional career in asset management spanned more than 30 years and is marked by remarkable achievements in the organizations for which he worked and deep contributions to the industry as a whole. His passing is a tremendous loss to all who knew and worked with him.

Philippe joined iM Global Partner in February 2020 as Deputy CEO and CIO Global Asset Management, responsible for overseeing our financial strategies and products and designing value-added investment solutions for our clients across Europe and the United States.

His expertise spanned all asset classes, and he had a deep understanding of markets and their impact on investors and their investment needs. He was an eloquent man who contributed a number of papers and articles to the media, always with the intention of educating and making financial concepts more relatable. He has left an indelible mark on our organization and on the broader industry.

Prior to joining iM Global Partner, Philippe was latterly Chief Investment Officer at Edmond De Rothschild Asset Management, where he worked for 11 years and where he led the portfolio management teams, optimizing the synergies between analysis and portfolio management. He previously spent three years as Research and Global Asset Allocation Director, where he developed the portfolio management and research teams and modernized investment processes and the product range.

Philippe began his career as an Equity Derivatives Trader at Société Générale and held roles at AGF Asset Management (now part of Allianz Global Investors) and Natixis AM.

Throughout his career, Philippe’s outstanding intelligence, humility, and collaborative spirit earned him the respect and admiration of his peers.

Philippe Couvrecelle, Founder and CEO of iM Global Partner, expressed his heartfelt condolences: “It was with infinite sadness and pain that I learned of Philippe’s passing from a devastating illness. I had known Philippe closely for almost 20 years, as we worked together for Natixis, Edmond de Rothschild and iMGP. I pay immense tribute to his humanity, his sense of humor, his brilliant intelligence and his presence, which I will deeply miss. We had shared so much and still had so much to do together. In his memory, we will continue our path forward with strength, success and intensity, always preserving our values and our company culture to which he was so attached.

We will all miss Philippe enormously at iM Global Partner. He will be remembered not only for his professional achievements but also for his warmth, generosity, kindness and his unwavering dedication to his colleagues and community. Our thoughts are with his wife and three children, his family, friends and loved ones during this difficult time.”

CONTACT: media@imgp.com

SOURCE iM Global Partner