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Global development relies on cooperation

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Communication and unity are essential for securing future stability, prosperity

BEIJING, Oct. 25, 2024 /PRNewswire/ — The article has been published by China Daily on Oct. 25:

“Our world is at a crossroads. We must decide whether to maintain the status quo and face potential self-destruction or chart a new course toward global unity by making significant changes to save our civilization.”

Above are the words of Essam Sharaf, former prime minister of Egypt, who delivered a speech at the Global Strategic Dialogue 2024: Responsibilities of Major Countries Amid a Dynamic Global Landscape, jointly hosted by the Chinese Academy of Social Sciences and China Daily in Beijing on Thursday.

Sharaf stressed that in today’s highly interconnected world, “a collapse of a country or a region may lead to a global collapse.” Unfortunately, developed nations seldom consider this, he said, nor do they care much about the developing ones.

“It’s time to emphasize that the challenges we encounter as a global community require global cooperation without any exclusions,” he said.

Sharaf spoke highly of China’s initiative to build a community with a shared future for humanity and insisted that global diversity is key to the advancement of the world’s civilizations.

The former prime minister talked about the path of Chinese modernization, raising key points such as connectivity, trust, peace, development and prosperity and showcased how these values have helped China turn dreams into reality.

“What applies in China could be transferred to the world,” he said.

Gao Xiang, president of the CASS, said developed nations need to take an active role in fostering global relations.

“Major powers should enhance communication and collaboration, respect interests and major concerns, effectively manage control and actively build a new type of international relationship characterized by non-conflict, non-confrontation, mutual respect and win-win cooperation,” Gao said. “And the international community should strengthen unity and cooperation, adhere to the principle that all countries — big or small — are equal, practice genuine multilateralism and promote the development of an international order that is more just and reasonable.”

Qu Yingpu, publisher and editor-in-chief of China Daily, stressed the need for international cooperation to address problems.

“Faced with the myriad of emerging risks and challenges, how to adapt to situations, promote peace and seek development are common concerns for the international community,” he said in his keynote speech. “This requires not only major countries to play a leading role, but also cooperation among all nations.” 

Qu also called for global media and think tanks to join hands to deepen understanding and cooperation among countries, stand on the right side of history, support the progress of human civilization and promote the construction of a community with a shared future for humanity.

Still, conflicts may arise among world powers, said Fedor Voytolovskiy, director of the Institute of World Economy and International Relations of the Russian Academy of Sciences, in his speech.

He called for an emerging polycentric world order, saying it could serve as a new model of globalization based on the rise of new centers of global value chains, FDI and international trade, and the emergence of China as a global economic and technological power. It could also further strengthen global and regional governance institutions such as BRICS, the Shanghai Cooperation Organization and the G20.

Domenico Lombardi, professor and director of the Policy Observatory at LUISS University in Italy, also stressed the importance of a new major-power relationship, saying that the concept of economic decoupling, particularly between the United States and China, presents a significant risk that could reverberate through all sectors of the global economy.

“Such a shift could lead to inefficiencies and increased costs, impacting global growth negatively that no one can simply afford,” he said.

He cited the trade relationships between European Union countries and China as an example, which have strengthened lately despite appearances to the contrary, including disputes over China’s exportation of its electric vehicles.

Sharaf said he doesn’t believe that China is looking to engage in any conflicts with other nations. He said he was talking with a Chinese friend recently about how China is a peaceful country. 

“Don’t expect that China will go to war,” Sharaf said. “He (the friend) assured that China will provide all assistance for peacekeeping.”

Amitav Acharya, distinguished professor of international relations with the School of International Service at American University, said developed nations would do well to remember that their success is due in part to the knowledge they’ve learned from their lesser-developed counterparts.

“The West should accept that its rise to global dominance would not have been possible without borrowing from the ideas and approaches of other civilizations,” he said in his speech. “Both the West and the rest have learned from each other, and this mutual learning among civilizations is a far more persistent feature of world history than the ‘clash of civilizations’.”

Contact the writers at zhangzhouxiang@chinadaily.com.cn

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SOURCE China Daily

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NAVEE Launches ST3 Pro and GT3 Pro at CES 2025, Receives UL and TÜV Rheinland Certifications

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January 10, 2025

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LAS VEGAS, Jan. 10, 2025 /PRNewswire/ — NAVEE, a global leader in intelligent short-distance mobility, today announced the North American launch of its flagship electric scooters, ST3 Pro and GT3 Pro, at CES 2025. The event, running from January 7 to January 10, also marks the company’s achievement of two prestigious awards that validate its leadership in smart mobility.

UL verification: Micromobility Performance Range, Energy Consumption and Acceleration

During CES, UL awarded the ST3 Pro-U and GT3 Pro-U with the “Micromobility Performance Range/Energy Consumption/Acceleration” verification. This recognition validates NAVEE’s engineering excellence, with both scooters exceeding rigorous standards for range, energy efficiency, and acceleration. Bryan Bai, NAVEE’s Vice President and Head of North American Sales, and Sherry He, vice president and general manager of Consumer, Medical and Information Technologies at UL Solutions, presided over the award ceremony.

TÜV Rheinland Certification: Range at Max. Speed

Simultaneously, TÜV Rheinland granted the ST3 Pro its “Range at Max. Speed” certification, verifying that the scooter delivers on its promised maximum speed range capabilities. Jay Yang, Vice President of Greater China Electrical at TÜV Rheinland, presented the certification to NAVEE, underscoring the scooter’s exceptional performance standards.

“These launches at CES 2025 represent a significant milestone in our mission to advance smart mobility technology for consumers worldwide,” said Lu Jian, Brand Representative of NAVEE. “The UL verification and TÜV Rheinland certification demonstrate our unwavering commitment to excellence and validate the real-world performance our customers can expect.”

ST3 Pro and GT3 Pro: Redefining Smart Mobility

The ST3 Pro and GT3 Pro represent the next evolution in urban transportation. Engineered for the demands of modern city commuting, these premium electric scooters combine exceptional range and acceleration with sophisticated smart features. The prestigious UL verification and TÜV Rheinland certification affirm NAVEE’s position as an industry pioneer in electric mobility innovation.

About NAVEE

Founded in 2021, NAVEE has quickly emerged as a leader in the global electric mobility market. With a presence in over 30 countries and more than 200,000 users, NAVEE is revolutionizing urban commuting with stylish, reliable electric scooters. The company continues to invest heavily in research and development, ensuring it remains at the forefront of innovation in the electric mobility sector.

For more information, visit: NAVEE Official Website https://www.naveetech.com/

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SOURCE NAVEE

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Fintech nsave launches investment platform, offering people from distressed economies protection from inflation with compliant and safe investments abroad

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49 minutes ago

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January 10, 2025

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nsave offers trusted dollar, sterling or euro accounts abroad to people from high inflation countries.Customers can now access a range of US equities, ETFs and funds.TQ Ventures leads $18mn financing, with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton.

LONDON and GENEVA, Jan. 10, 2025 /PRNewswire/ — nsave, the provider of trusted, compliant accounts abroad to people from countries with high inflation, has today announced the launch of an investment product, enabling people at risk of financial exclusion to protect and grow their wealth.

The company also confirmed an $18mn Series A investment led by TQ Ventures with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton Foundation, to accelerate their growth.

Today’s means customers can access US equities, ETFs and soon funds managed by some of the world’s largest asset managlaunchers via the nsave app, subject to onboarding and compliance checks.

By working with regulated financial institutions and banking partners in the UK and Switzerland, nsave offers safe and compliant accounts abroad, democratising offshore services to millions of people affected by high inflation or economic uncertainty in their home countries.

nsave’s customers include young professionals who move abroad and face exclusionary and outdated compliance processes due to their country of birth, alongside people from high inflation economies, who fear their life savings will be wiped out.

Based in London and Geneva, nsave is led by former Rhodes Scholars Amer Baroudi and Abdallah AbuHashem.

nsave CEO Amer Baroudi said: “Our vision is to go beyond just protecting everyday people’s wealth by enabling safe and compliant accounts abroad, but to enable them to grow it, too.”

“For some of our customers, this is the first time they can access trusted investment services securely. We believe your passport shouldn’t determine your path to prosperity. Our compliance-by-design approach enables us to offer services safely to many more people.” 

TQ Ventures co-founder and co-managing partner, Schuster Tanger, said: “nsave is tapping into a massive market of individuals underserved by existing financial services who need secure, stable financial solutions.”

“From the outset, I was impressed by nsave’s unique approach and the strength of their team, no doubt a function of Amer and Abdallah’s own lived experience of these challenges. We’re thrilled to roll up our sleeves with nsave to create a more inclusive financial system.”

Contact:
press@nsave.com

 

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Vietnam’s Youth Rally Behind Blockchain: KuCoin Reveals Groundbreaking Insights at VTIS 2024

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49 minutes ago

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January 10, 2025

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HANOI, Vietnam, Jan. 10, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is excited to share the findings from its second edition of the KuCoin Campus Survey, conducted during the Vietnam Technology & Investment Summit (VTIS) 2024. With 926 participants surveyed from December 3rd to December 4th, 2024, the results underscore the vibrant interest in blockchain technologies among Vietnam’s youth, reinforcing KuCoin’s commitment to nurturing this vital market.

The survey, a key initiative under KuCoin Campus, highlights a strong, positive sentiment towards cryptocurrencies, with 92% of participants optimistic about the future of digital assets. Remarkably, 82% of respondents are considering blockchain-related careers, signaling a burgeoning talent pool eager for development and opportunities within the industry.

Vietnam’s strategic importance to both KuCoin and the broader crypto community is evident as 68% of participants expressed a “very high interest” in blockchain, making it a critical hub for crypto innovations and community engagement. Additionally, 73% of respondents currently hold cryptocurrencies, demonstrating a mature market ready for further expansion and adoption.

The survey also uncovered a significant inclination towards diverse blockchain roles, with data analysis (24%), marketing (22%), and business development (21%) being the most coveted. These insights are invaluable as they highlight the areas of highest potential and interest among the future workforce.

“Vietnam has been and will continue to be a key market for us,” said Alicia Kao, the Managing Director of KuCoin. “As the People’s Exchange, we are committed to empowering and equipping this new generation with the tools they need to succeed in the evolving digital landscape.”

View the full report here (EN version, VN Version), or visit KuCoin’s official website for further information.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 37 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.

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