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Beijing Review: Global youth delve into China’s development landscape

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BEIJING, July 1, 2024 /PRNewswire/ — Juan Camilo Camargo Amaya, from Colombia, was excited after attending a weeklong youth exchange program in China in June, describing it as “an outstanding experience.”

 

It was his first time traveling to the country. “Getting to know China has been a dream of mine for a long time. I do think China is an example of innovation, of progress… And being able to be here to experience that and see this beautiful scenery and how China has progressed over the past several years, is outstanding,” he told Beijing Review during the trip. 

Camargo Amaya is global director of business solutions at Mentors international, a Colombia-based non-profit agency that operates in developing countries to uplift individuals and families from the generational cycle of poverty. This year was the second time Camargo Amaya had applied to participate—and received an invitation.

The program he participated in is the 2024 Future Close-Up, which was jointly launched in 2023 by China International Communications Group (CICG) Center for the Americas and tech titan Tencent’s Marketing and Public Relations Department.

The program brings together experts and young adults working in a range of fields from both China and other countries to engage in discussions and exchange perspectives on the current landscape and potential opportunities generated by new technologies.

From June 13 to 21, the 2024 Future Close-Up hosted 27 youth representatives from 21 countries and regions, including China, the United States, Russia, Germany, Italy, Thailand and Japan, on a tour departing from Beijing, taking them to Shenyang in China’s northeastern province of Liaoning and Xiongan New Area in Hebei Province.

Fellow Future Close-Up participant Phillip Forman, co-founder of U.S. art tech company Vie Science, said that as a tech entrepreneur, he was very interested in learning about technology development in China and hoped to gain a better understanding of the similarities and differences contributing to the rapid growth.

“I’m excited to meet new people who are building the future. Also, I have an international background and have been learning Russian and Chinese for a few years now, so I’m very interested to finally meet and communicate with people working in those geographies,” he said.

Elena Poliakova, a Russian assistant professor at a business school in France, was eager to get a grasp on China’s fast-growing technology industry and discuss the critical questions of how technology affects the economy, culture and everyday life.

A tale of two cities 

This year’s Future Close-Up was themed on Exploring New Quality Productive Forces. China’s concept of “new quality productive forces” refers to the shift toward innovation-driven growth, technological advancement and high-quality development in different sectors of the economy.

In Shenyang, the capital city of Liaoning, Liaoning Governor Li Lecheng met with the young participants on June 15. Li said that the province is accelerating its cultivation of new quality productive forces to maintain a stable, upward trajectory of economic growth.

Li hoped for every participant to get the chance to explore Liaoning’s high-quality development and experience the hospitality of its locals. He encouraged the youth representatives to deepen their understanding of the province and actively promote Liaoning by sharing their experiences of how it is revitalizing itself.

In Liaoning, advantages in developing new quality productive forces include a strong industrial base, a highly advanced manufacturing sector, a cohort of open platforms and opportunities for collaboration, Li Jun, Deputy Director of the Department of Commerce of Liaoning, introduced to the participants at an event on June 15.

Ng Yuk Yeung Paul, Executive Vice Chairman and co-CEO of Hong Kong South China Holdings Co. Ltd. and Executive President of the Hong Kong Federation of Liaoning Associations, said at the event that the province is rich not only in industrial legacies, but also in mineral and tourism resources. Besides, it is also a major hub for agricultural production. All these elements combined mean great growth potential.

Simon Buschges, a German working for a French consultancy, was happy to see the strong economic ties between Shenyang and Germany, evidenced by the lively scenes at the China-Germany Enterprise International Innovation Incubation Center and along the Sino-German International Street in Shenyang.

Buschges also found it interesting that, much like Germany’s Industry 4.0 initiative, a project for the comprehensive digitalization of industrial production, China is pushing forward this type of development. “It’s right to think big, to see what’s possible and go beyond just what is currently the norm, and to take the next step and promote new things,” he said.

In Xiongan New Area, 2024 Future Close-Up attendees visited different sites to get a firsthand understanding of the area’s planning and development. The smart city left a deep impression on the youth representatives.

“The establishment of Xiongan New Area in Hebei is a historic and strategic decision to advance the coordinated development of the BeijingTianjinHebei region. It is a project of millennial significance and a matter of national importance,” Wang Jiping, Director of Government Office of Xiongan New Area, told the young adults at a welcome dinner on June 18.

Wang said that over the past seven years, Xiongan New Area had achieved important milestones. It is rapidly developing into a city of future that blends Eastern and Western elements, a green and low-carbon city, a hub of digital innovation, a happy and livable city, and an open urban area that embraces diversity.

“Xiongan belongs not only to China, but to the world,” Wang said, adding that he encouraged the young representatives to explore and experience Xiongan’s remarkable advantages in new quality productive forces, feel the warmth of its people, and share its story with the international community.

Forman said that what had surprised him most about Xiongan was the area’s stipulation that blue and green spaces must consistently account for 70 percent of the area. He believed this to be an essential feature because discussions on large cities often tend to overlook the natural and ecological aspects.

Prior to kicking off the area’s construction, Xiongan’s urban planners and builders visited some 20 countries to learn from their urban development experiences and then tailored these insights to their unique situation, a feat that left quite the impression on Forman.

Alland Dharmawan, Personal Assistant to the Advisor to the President at Presidential Advisory Council of the Republic of Indonesia, said there is much to learn from Xiongan in terms of green development. He mentioned that Indonesia is currently building its new capital, Nusantara, on Kalimantan Island, a place rich in tropical rainforest resources.

Like Xiongan, the intention is to make Nusantara a green city because, looking to the future, the greening of cities is the direction every country aspires to. Addressing global challenges such as climate change requires not only promoting economic development but also taking good care of the environment, he said.

Understanding China 

Erik Solheim, co-Chair of the Europe Asia Center and former Under Secretary General of the United Nations, addressed the youth via video link at the 2024 Future Close-Up closing ceremony on June 20. 

Solheim, who first visited China 40 years ago, recalled there were almost no skyscrapers or private cars in China back then. No one even contemplated high speed rail.

“In these 40 years, China has gone from being a very poor society to close to becoming a higher income country with enormous modernity and huge progress for everyone,” he said. “Remarkably, the transformation is also very green.”

China has largely won the war on pollution with notable improvements in air quality, he added. It has also become a leader in photovoltaic and wind power, electric vehicles and other green technologies.

“Seeing is believing. China has now become one of the most modernized countries in the world. I hope everyone can return to their hometowns with these wonderful memories,” Solheim said.

In his speech at the closing ceremony, Editor in Chief of CICG Gao Anming said that today’s China showcases a harmonious blend of traditional culture and modern trends, where historical heritage complements technological innovation. Gao welcomed all the attending young people to visit China more often, introducing the world’s diverse civilizations to the Chinese people and sharing the essence of Chinese civilization with people everywhere.

“The Future Close-Up program aims to help young people around the world better understand China, serving as a platform for youth to promote exchange between China and foreign countries,” Gao added.

In his address, Siddharth Chatterjee, UN Resident Coordinator in China, mentioned that China’s per-capita GDP was around $180 back in 1979 and 90 percent of the population was very poor, while most countries in sub-Saharan Africa in 1979 had a per-capita GDP of close to $400. “Today, [China has] achieved a per-capita GDP of about $12,500,” he emphasized.

Chatterjee further explained how the China’s investments in human capital, infrastructure and commerce had created the “bedrock of the country’s rise.”

Maisy Ho Chiu Ha, Executive Director of Shun Tak Holdings Ltd. and President of the Hong Kong Federation of Liaoning Associations, said via video link that the federation, as one of the hosts of this event, aims to fully utilize the platform to tell the stories of China, including Hong Kong, to the world.

Li Yafang, President of CICG Center for Americas, told the young representatives she believes youth bear the mission and responsibility of building a better world. She encouraged program participants to raise their voices and contribute their efforts to building a community with a shared future for humanity.

“Let us jointly sow the seeds of cultural exchange and friendship, cultivate a beautiful world, and make the garden of world civilizations colorful and vibrant,” Li Yafang concluded.

Copyedited by Elsbeth van Paridon 

Comments to taoxing@cicgamericas.com 

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SOURCE Beijing Review

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LYT ANNOUNCES DEPLOYMENT OF TRANSIT PRIORITY SOLUTIONS BY PARTNERING WITH ORANGE COUNTY TRANSPORTATION AUTHORITY (OCTA)

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LYT.Transit Will Move Bus Transit Vehicles Through Congested Harbour Blvd. Corridor Safer and Faster

SANTA CLARA, Calif., Sept. 19, 2024 /PRNewswire/ — LYT, a leader in NextGen intelligent connected traffic technology solutions, announced today it has signed a contract with the Orange County Transportation Authority (OCTA) and the city of Fullerton for a one-year pilot program and the implementation of LYT’s leading NextGen transit priority solution (TSP), LYT.transit. 

Serving as the primary contractor for TSP under the Master Service Agreement with Arcadis, a leading global design and consultancy organization for natural and built assets, LYT.transit will help solve congestion issues for traffic signals across the busy corridor of Harbour Blvd. The Orange County TSP deployment extends LYT’s rapid expansion throughout the west coast. 

LYT’s leading transit signal priority solution, LYT.transit, moves bus transit vehicles through congested intersections faster, safer, and more intelligently. Harnessing the power of a single-edge device installed in the Traffic Management Center (TMC), bus transit vehicles speak directly to networked traffic signals through LYT’s open architecture cloud platform. This results in a consistent and reliable green light for every bus transit vehicle in the network.

Cities are realizing the distinct benefits of this technology due to LYT’s machine learning models and artificial intelligence technology that knows when to prioritize and activate a traffic signal. LYT’s system uses automotive data in an actionable way as it takes a broader traffic pattern ecosystem into account to have an impact on other surrounding signals, not just the one signal that traffic is heading toward. 

“As the Southern California region continues to thrive, it is essential to implement advanced traffic signal prioritization technology to improve the daily commutes of Orange County residents,” said Tim Menard, CEO and Founder of LYT. “Our cutting-edge AI-powered technology ensures smoother traffic flow, reduces congestion, and enhances safety on today’s roads. By prioritizing public transportation and optimizing traffic signals, we are committed to creating a more efficient and sustainable transportation network that benefits all residents and businesses throughout Orange County.” 

Gabriel Murillo, ITS and Connected Mobility Market Leader at Arcadis, said: “We are pleased to partner with LYT on LYT.transit, to help ease the impacts of traffic congestion for buses in Orange County. By harnessing the power of advanced AI and machine learning, LYT.transit is set to elevate transit efficiency, enhance safety, and contribute to a more sustainable transportation network for the residents and businesses of Orange County.” 

About LYT

LYT is the leading provider of smart cities NextGen intelligent connected traffic technologies that orchestrates today’s Intelligent Transportation Systems. LYT’s AI-powered, open architecture, machine learning technology enables a suite of transit signal priority and emergency vehicle preemption solutions that utilize pre-existing vehicle tracking sensors and city communication networks to dynamically adjust the phase and timing of traffic signals to provide sufficient green clearance time while minimally impacting cross traffic. LYT is headquartered in Silicon Valley and serves municipalities across the US and Canada. Learn more at LYT.ai.

ABOUT ARCADIS

Arcadis is the world’s leading company delivering data-driven sustainable design, engineering, and consultancy solutions for natural and built assets. We are more than 36,000 architects, data analysts, designers, engineers, project planners, water management and sustainability experts, all driven by our passion for improving quality of life. As part of our commitment to accelerating a planet positive future, we work with our clients to make sustainable project choices, combining digital and human innovation, and embracing future-focused skills across the environment, energy and water, buildings, transport, and infrastructure sectors. We operate in over 30 countries, and in 2023 reported €5.0 billion in gross revenues. www.arcadis.com

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SOURCE LYT

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Safire Group Raises $8 Million in New Financing to Deliver Lithium-ion Battery Safety Technology to Government, Automotive Markets

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Canaan Partners Leads Round to Establish SAFIRE™ Technology as New Benchmark for Battery Safety

KNOXVILLE, Tenn., Sept. 20, 2024 /PRNewswire/ — Safire Technology Group, Inc. (“Safire Group”), today announced $8 million in new financing led by Canaan Partners, with participation from Correlation Ventures, Higher Life Ventures, Ajinomoto Co., Inc., Automotive Ventures, Outpost Ventures, Potomac Angel Capital, and MaC Venture Capital. This Pre-Series A priced round of financing brings total funding to $11 million and fuels continued development of the company’s Safe, Impact-Resistant Electrolyte (SAFIRE™) technology to transform the safety benchmarks of Lithium-ion (Li-ion) batteries across government and automotive industries. Canaan’s Hrach Simonian will join co-founders John Lee and Mike Grubbs on the board of directors.

“We are grateful to have a highly regarded, deeply experienced, and values-aligned investor in Canaan, and we are eager to continue building Safire Group together,” said Mike Grubbs.

“Safire Group is revolutionizing Li-ion battery technology with a focus on safety. Their innovative solutions are addressing the critical issue of battery volatility and setting new standards in the industry,” said Hrach Simonian, General Partner of Canaan Partners. “Safety should be intrinsic to battery design, not an afterthought. Safire Group’s commitment to redefining how these batteries are used in mobility and government applications promises to unlock unprecedented opportunities on a global scale.”

SAFIRE is the world’s only patented and proprietary drop-in additive for Li-ion batteries that prevents fires through an instantaneous liquid to solid transformation upon kinetic impact, such as an electric vehicle (EV) crash or ballistic event. During an impact, Safire Group’s shear thickening electrolyte technology enables the battery to resist deformation and prevents a short circuit – providing EV makers with lightweight crash protection and enabling Li-ion batteries to be used in novel ways.

Invented after nearly a decade of research and development by the U.S. Department of Energy’s Oak Ridge National Laboratory (ORNL), SAFIRE is currently being deployed by the company in four distinct use cases across broad domains: a ruggedized electric motorcycle, a rapidly deployable sensor tower, an unmanned ground vehicle, and multifunctional body armor.

“There is significant demand across the government to integrate SAFIRE technology into novel, ruggedized applications. This financing allows us to expand our operations in the Knoxville, Tennessee area, continue collaboration with ORNL, and further demonstrate the benefits of SAFIRE in government and automotive markets,” said John Lee, CEO of Safire Group. “We are excited about our partnership with Canaan and the opportunities it brings for the next stages of growth in deploying safety solutions for energy systems. Our focus remains on protecting people and critical assets while driving innovation in safety.”

About SAFIRE

Safire Group is a venture-backed company developing advanced Li-ion battery technologies for government and automotive markets. The company’s core technology, SAFe Impact Resistant Electrolyte (SAFIRE™), is the world’s only patented and proprietary drop-in additive for Lithium-ion (Li-ion) batteries that prevents fire through an instantaneous liquid-to-solid transformation upon kinetic impact, such as an electric vehicle (EV) crash or ballistic event. For more information, visit: www.safire.co.

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info@safire.co

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SOURCE Safire Technology Group, Inc.

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Logistics Automation Market to Reach $55 Billion by 2030, Driven by E-Commerce and Supply Chain Transformation – LogisticsIQ

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NEW DELHI, Sept. 19, 2024 /PRNewswire/ — According to LogisticsIQ‘s latest report (5th edition), Logistics Automation Market is expected to grow to $55 Billion by 2030, at a CAGR of 15% between 2024 and 2030. The drivers of growth are the growth in the e-commerce industry, multichannel distribution channels, digital services, increasing e-grocery penetration and dark stores, globalization of supply chain networks, emergence of autonomous mobile robots (AMRs) and increasing demand for same day / same hour delivery.

Market Trends and Key Drivers

E-Commerce Boom and Its Impact on Logistics
The exponential growth of the e-commerce industry has significantly transformed the $5 trillion global logistics industry. Online retail requires more complex logistical processes, including individual picking, packing, and shipping, which contrasts with the bulk transportation model of brick-and-mortar retail. This surge in online retail, coupled with the increasing need for faster delivery times, is putting immense pressure on logistics providers to automate.Challenges and Market Conditions (2021-2025)
In 2021, logistics automation companies had a huge order intake, however, revenue growth was constrained by supply chain disruptions. Thus, the industry entered in 2022 with a backlog of orders, which was eventually reduced by 2023 due to macroeconomic uncertainties. In 2024, order volumes began to rise again, but cautious capital expenditure from retailers slowed down investments due to inflation, low consumer spending, and geopolitical tensions. We expect order volumes expected to rebound in 2025 as retailers aim to meet increasing consumer demand.Emerging Technologies and Market Players
The past few years have seen the emergence of cutting-edge technologies like automated picking systems, mobile manipulators, and automated cold storage solutions. Significant investments in companies like Symbotic, Geek+, Fabric, and Exotec Solutions reflect this growth. At the same time, established players such as Dematic, Honeywell Intelligrated, SSI Schafer, and Toyota Advanced Logistics continue to innovate. Additionally, major retailers including Walmart, Kroger, Amazon, Ocado, and Carrefour are actively adopting these technologies to enhance their supply chain capabilities.Apart this, piece picking players such as Righthand Robotics, Nimble, Fizyr, Kindred, Covariant, OSARO, Plus One Robotics, Berkshire Grey, and AWL have established a new attractive capability for order picking in ecommerce fulfillment as picking is least automated process in existing warehouses.

Download a Free Sample of our report on the Logistics Automation Market

Industry Consolidation in Logistics Automation Market

Over the last decade, the logistics automation market has experienced significant consolidation. Traditional industry players are acquiring innovative technology leaders to stay competitive and address evolving market demands. Notable examples include:

Rockwell Automation’s acquisition of Clearpath Robotics and OTTO MotorsZebra’s acquisition of Fetch RoboticsToyota’s acquisition of Vanderlande, Bastian Solutions and ViaStoreHoneywell’s acquisition of Intelligrated and TransnormJungheinrich acquired Magazino and ArculusSSI Schafer acquired DS AutomotionABB acquired ASTI Mobile Robotics and SevensenseKPI Solutions acquired Kuecker Logistics Group, Pulse Integration, QC SoftwareKörber acquired Cohesio Group, Siemens Logistics, HighJumpTeradyne acquired MiR, Energid, AutoGuide Mobile Robots

These mergers and acquisitions reflect the ongoing shift towards automation and the integration of cutting-edge technologies across the supply chain.

Read full report on the Logistics Automation Market Size, Growth, Share, Trends, and Forecast

Key Markets and Growth Opportunities

Top Markets: The United States, China, and Germany account for more than 50% of the demand for logistics automation, with strong market penetration in Europe, particularly in Germany, Italy, France, and the Netherlands. Western Europe represents around 30% of the global market. Emerging markets in APAC, particularly in India and Southeast Asia, are also showing strong growth potential, as are regions like the Middle East and Latin America.Emerging opportunities: Latin America is still under-penetrated with regards to automation; however, things are set to change and market is set to observe a high growth in Brazil and Mexico. Within Europe, Central and Eastern Europe is a fast-growing region, with Poland and Czech Republic emerging as logistics hub and showing good growth prospects.Grocery Industry: The grocery sector is a key area for logistics automation, driven by the need for high-frequency deliveries and the growing demand for online grocery services. Grocery distributors ship high cubic volumes of merchandise to retail stores with frequent deliveries to ensure product freshness.  Grocery distribution center operations are amongst the most labour intensive of any industry. Grocery automation market is expected to reach over $7 billion by 2030.AGV and AMR Market Growth: The market for Automated Guided Vehicles (AGVs) and Autonomous Mobile Robots (AMRs) is projected to experience rapid growth, with a CAGR of over 20% by 2030. AMRs, which can operate without external guidance systems like optical tape or sensors, are becoming increasingly popular due to their ease of deployment in existing warehouse infrastructures.We expect AGVs/AMRs to have more than 20% market share by 2030 in this market led by players such as Seegrid, Balyo, Hai Robotics, Geek+, GreyOrange, HikRobot, Quicktron, Locus Robotics, Fetch Robotics (Zebra), 6 River Systems (Ocado), Teradyne (MiR, AutoGuide Mobile Robots), Rocla, JBT, ek-robotics, Omron, Rockwell Automation (Clearpath Robotics, OTTO Motors). We further see more consolidation and M&A in the mobile robots space as larger System integrators look to complete their product portfolios.

Order Picking and Automation Trends

Manual vs. Automated Picking: The order picking process remains one of the most labor-intensive tasks in the warehouse, especially in e-commerce fulfillment. While manual picking is still preferred for operations with a large variety of SKUs, automated picking systems and robotic solutions are gaining traction. Technologies such as RFID, pick-to-light, and pick-to-voice systems help improve efficiency even in semi-automated environments.Piece Picking Robots: Companies such as Righthand Robotics, Berkshire Grey, Osaro, and Covariant are leading the charge in developing piece picking robots that are ideal for e-commerce fulfillment. These robots significantly reduce labor costs and increase throughput, offering a high return on investment for businesses.

Purchase the full report on the Logistics Automation Market By Technology (AGV/AMR, ASRS, Conveyors, Sortation, Order Picking, Automatic Identification and Data Capture, Palletizing & Depalletizing, Overhead Systems, MRO Services and WMS/WES/WCS), By Industry (E-commerce, General Merchandise, Grocery, Apparel, Food & Beverage, Pharma, 3PL), By Geography – Global Forecast to 2030

What will you get in this report?

500+ Pages, 290+ Exhibits and 350+ Market tables for7 major Industry Verticals (eCommerce, Grocery, General Merchandise, Apparel, Food & Beverage, 3PL, Wholesale)10 Technologies (Mobile Robots, AS/RS, Conveyors, Sortation, Order Picking, Automatic Identification and Data Capture (AIDC), Palletizing and Depalletizing Robots, Overhead systems, Software (Warehouse Management, Warehouse Execution, and Warehouse Control), and MRO services.6 regions and 28 countries (United States, Canada, United Kingdom, Germany, France, Italy, Spain, Netherlands, Nordics, China, Japan, India, Australia, Thailand, Vietnam, Singapore, Indonesia, South Korea, Malaysia, Philippines, Taiwan, Saudi Arabia, UAE, Turkey, South Africa, Argentina, Brazil, Mexico)Pivot-friendly Excel file with 350+ market tables including forecast till 2030In-depth analysis of 700 companies in the ecosystem with more than 140+ company profilesFocus Group Discussion with 100+ key industry stakeholders across the value chain to collect the first-hand information to validate our analysis2 Analyst Sessions to brainstorm furtherInvestment details with 150+ M&A and 750+ funding dealsLogisticsIQ™ Exclusive Market Map (~700 Players across 15+ categories)

About LogisticsIQ

LogisticsIQ is a dedicated market research and advisory firm in Logistics & Supply Chain sector, empowering decision makers from top fortune 1000 companies, financial and research institutions, private equity and high potential start-ups with market insights to make better decisions. We enable this by analysing the right mix of the best data, the best research methodologies, and the best industry panel to deliver value to our clients.

Media Contact
Name: Sunny M.
Email: sunny@thelogisticsiq.com
Phone: +91-952-918-4938

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