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International outlook of BRI helping businesses in Wuhan grow overseas

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BEIJING, Dec. 17, 2024 /PRNewswire/ — A report from China Daily

Enterprises in Wuhan city, Central China’s Hubei province, are expanding toward global markets under the Belt and Road Initiative, cultivating a large number of professionals and boosting local economic and social development.

Eight years ago, YOFC, a Wuhan-based enterprise specializing in the production and sale of fiber-optics and cables, set up Yangtze Optics Africa Cable, or YOA Cable, in Durban, South Africa.

Velile Mngonyama, a local production manager of YOA Cable, recalled that to start production smoothly, he and seven other colleagues, as the first group of foreign technical personnel, went to Wuhan in August 2016. There they completed a full set of training, from fiber-optic technology and equipment maintenance to production management, within a month.

“When joining YOA Cable, I started from scratch, and it was the Chinese engineers at YOFC who patiently taught me how to use equipment and manage the production,” he said.

Today, YOFC has established eight production bases in countries involved in the BRI, with more than 50 overseas offices, serving more than 100 countries and regions.

In Manila, the capital of the Philippines, a steaming bowl of hot dry noodles has become a regular on the table of Rayan Nalua, senior technical manager of the Philippine subsidiary of Wuhan FiberHome International Technologies.

When he first joined the company 10 years ago, Nalua was a local technical engineer in the network operations and maintenance team. “At that time, my Chinese leaders and colleagues were very tolerant and gave me many opportunities,” he said.

Expanding to major cities such as Manila, Cebu and Davao, FiberHome Philippines has become an industry leader with more than 15,000 employees and launched projects across the country.

Ivo, a Bulgarian employee of Wuhan-based HGTECH, an industrial tech enterprise producing laser equipment, said: “China develops rapidly, and the company innovates quickly as well. I enjoy this competitive atmosphere and want to do better.”

In 2012, he came to study mechanical engineering at Huazhong University of Science and Technology and graduated with a master’s degree in 2018. At the time, HGTECH was expanding into the European market and recruiting talents from home and abroad.

At HGTECH, new self-developed products are emerging continuously. Initially unfamiliar with these products, Ivo took the initiative to search for information to understand the uses, performance, and advantages of the products, and how to provide solutions when issues arise.

Soon after, Ivo secured his first order in Bulgaria, also HGTECH’s first in the country. “Working in a high-level company requires continuous learning of new knowledge and mastering new skills,” Ivo said.

In Addis Ababa, the capital of Ethiopia, Demeke Lule of Humanwell Pharmaceutical Ethiopia, a subsidiary of Wuhan-based Humanwell Healthcare, talked about his achievements over the past few years.

“The pharmaceutical industry is a high-tech industry, and I want to learn advanced pharmaceutical knowledge to produce high-quality drugs urgently needed by Africans,” Lule said. From equipment names to specific uses, from machine buttons to operating procedures, under the guidance of Chinese masters, he learned step-by-step.

In 2019, Lule became the quality department’s instruments head and was appointed as the executive manager of the quality department in 2022, responsible for process management, equipment maintenance, and training new employees.

Meanwhile, 36-year-old Kristian Kumpumaki, a Swedish language specialist at Transn, an internet-based language services provider in Wuhan, said he hopes to bridge the gap of cultural exchange and mutual learning, allowing the world to understand the real China.

In 2008, filled with curiosity and a longing for Chinese culture, he came to China. “I knew some information about China from the internet and news, and I really wanted to see what the real China was like.”

He first took a semester of Chinese language classes at the University of International Business and Economics. After completing his studies, he moved to Shenzhen, Guangdong province, to work and continue studying Chinese.

A Chinese friend once asked him to help translate a Swedish-language document, but he could not accurately translate it into Chinese. He turned to the internet, dictionaries and teachers, trying everything he could, but in the end, he only managed a rough translation.

“That was my first experience with translation, far from achieving ‘faithfulness, expressiveness, elegance’, but it sparked my interest in translation,” Kumpumaki said.

He began to study translation, reading Chinese works and practicing Chinese expressions. Whenever someone asked him to help with translation, he did his best, considering it an opportunity for practice. Gradually, his translation skills improved significantly, and he could translate among Chinese, English and Swedish, even doing part-time translation work at some companies.

While he did translation, Kumpumaki became more fascinated by Chinese culture and decided his career direction: to be the best possible translator. “Many foreigners do not understand the real China. I want to showcase and interpret Chinese wisdom that drives human civilization development, through my translation work, to the world.”

In early 2023, he joined Transn, becoming a full-time translator. Soon after, the company undertook a translation project of a well-known foreign automotive manufacturer, and Kumpumaki independently translated a part of it.

“Translation in the automotive field involves many technical terms, which I was initially unfamiliar with. But my colleagues were very skilled; they taught me to understand the precise meaning of each word and how to translate more accurately,” he said, adding that translating thousands of pages was very challenging, but with the help of his colleagues, he successfully completed the task.

As the BRI continues to advance, the demand for multilingual translation and language services from various countries is increasing. Transn’s overseas business is expanding in areas such as goods trade, service trade and e-commerce.

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SOURCE China Daily

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24/7 Software Expands Global Success with Strong Growth in Europe and the Middle East

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Expanding Adoption Across Europe and Beyond

BOCA RATON, Fla., Dec. 18, 2024 /PRNewswire/ — 24/7 Software, a global leader in operations management technology, continues to achieve remarkable growth as it strengthens its presence in Europe and expands into the Middle East. The company’s platform is being embraced by organizations across EMEA, demonstrating its value in delivering real-time, data-driven solutions that optimize operations, improve safety, and elevate the overall experience for users.

Health and Safety Teams Leading the Charge

Health and safety teams are increasingly turning to 24/7 Software to digitize and streamline their processes. Prestigious venues such as Co-op Live, The O2, and Chester Race Company utilize the platform to enhance safety, compliance, and operational efficiency. This adoption highlights the growing recognition of 24/7 Software’s ability to address critical organizational needs with ease and precision.

Unlocking the Power of Analytics

European customers are reaping the benefits of 24/7 Software’s powerful analytics tools, enabling better decision-making and operational insight. Chester Race Company is an example of an organization leveraging these advanced analytics to optimize performance and ensure a seamless experience for staff and patrons alike.

Revolutionizing Facilities Management in Premier League Football

Facilities management teams in the world of Premier League football are harnessing 24/7 Software to manage match-day operations, centralize communication, and enhance the fan experience, proving its value as an essential tool for some of the most demanding organizations.

A Growing Presence in the Middle East

In addition to its success in Europe, 24/7 Software is making significant inroads into the Middle East. The region’s organizations are adopting the platform to enhance operations and drive innovation, further solidifying 24/7 Software’s position as a global leader in operations management technology.

“24/7 Software is dedicated to empowering organizations around the world with cutting-edge solutions that improve efficiency and safety,” said Justin King, Executive Vice President at 24/7 Software. “Our expansion into Europe and the Middle East reflects the growing demand for reliable, versatile tools that transform the way businesses operate.”

About 24/7 Software

24/7 Software is a global leader in operations management software, serving the world’s top venues, sports leagues, and entertainment organizations. Its innovative technology helps these organizations improve safety, security, facilities management, and the guest experience, backed by unparalleled support.

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Finsulate One of Business Worldwide Magazine’s Top 20 Most Innovative Companies to Watch in 2024

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Recognised for its groundbreaking work in the maritime industry, Finsulate has been named as one of the Top 20 Innovative Companies to Watch in 2024 by Business Worldwide Magazine.

LONDON, Dec. 18, 2024 /PRNewswire/ — The list recognises trailblazing organisations redefining industries through groundbreaking technologies and transformative business practices. These companies define the future through innovation and disruption, from healthcare to energy.

Finsulate’s toxin-free antifouling wrap is reshaping its sector by offering an eco-friendly, cost-effective alternative to traditional antifouling paints. Biofouling, the buildup of marine organisms like barnacles and algae on ship hulls, has long been a costly and environmentally damaging issue. It increases drag, driving up fuel consumption, carbon emissions, and maintenance costs. Traditional antifouling paints, reliant on biocides, address the problem but at the cost of leaching harmful toxins into marine ecosystems.

By mimicking the textured surface of a sea urchin, Finsulate’s antifouling wrap prevents marine organisms from attaching to vessels without relying on harmful chemicals, resulting in superior performance:

Eco-Friendly Design: 100% free of biocides and toxins, safeguarding marine habitats.Longevity: Lasts 8–10 years, vastly outliving traditional antifouling paints.Cost Efficiency: Reduces the need for frequent maintenance and significantly lowers fuel consumption.Convenient Maintenance: Minor fouling can be removed easily while the vessel remains in water, minimising downtime.

Since its debut, Finsulate has been applied to over 800 vessels worldwide, from leisure yachts to large commercial ships and offshore wind installations. Early adopters have reported transformative results, including a steel sailing yacht treated in 2013 that remains largely biofouling-free over a decade later.

Finsulate is driving success stories whilst championing a broader shift towards sustainability within the maritime industry. Key impacts include:

Reduced Carbon Emissions: Improved fuel efficiency supports global climate goals.Preserved Marine Ecosystems: Biocide-free solutions protect biodiversity and minimise microplastic pollution.A Circular Economy: At the end of its lifecycle, Finsulate’s wrap is recyclable, aligning with cradle-to-cradle principles.

Founder Rik Breur encapsulates the company’s mission: “Sustainability is more than a trend; it’s our responsibility. Together, we can create a better future for our oceans.”

For more information about Finsulate and its transformative technology, visit finsulate.com.

Further information about the 2024 Business Worldwide Magazine Awards, including the Top 20 Most Innovative Companies to Watch list, can be found at https://www.bwmonline.com/20-most-innovative-companies-to-watch-2024-winners/

About Business Worldwide Magazine

Business Worldwide Magazine is the leading source of business and dealmaker intelligence throughout the world. Our quarterly magazine and online news portal enable an established audience of corporate dealmakers to track the latest news, stories and developments affecting the international markets, corporate finance, business strategy and changes in legislation. This readership includes CEO/CFO – Banks, Corporate Lawyers and Venture Capital/Private Equity Companies to name a few.

Contact
David Jones
Awards Department
E: david@bwmonline.com 
W:  www.bwmonline.com 

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Hisense to Showcase Future of Smart Living with “AI Your Life” at CES 2025

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QINGDAO, China, Dec. 18, 2024 /PRNewswire/ — Hisense, a leading brand in global consumer electronics and home appliances, is set to redefine smarter living with the debut of its AI ambition powered by a showcase of its latest innovations at CES 2025.

Recognized as the world No.1 in the 100”+ TV market, Hisense has set the global trend in large-screen with ever richer experiences. While product specifications are important, Hisense is constantly pushing boundaries to elevate every experience, connecting with people where they spend their time, and creating products that enhance life’s most meaningful moments and inclusive for all.

For Hisense, AI isn’t just a vision of the feature, but the backbone of product innovations, designed to simplify life and make every moment memorable. By integrating AI technology with cutting-edge Hi-View AI Engine, Hisense is enabled to deliver a more authentic, highly detailed, and vibrant viewing experience for everyone, integrated seamlessly to improve daily experiences and delivering unmatched energy efficiency.

From January 7-10, Hisense will be showcasing the very latest technological breakthroughs at the Central Hall, Booth 16625 at the Las Vegas Convention Center, offering a glimpse into the future of unparalleled AI-driven lifestyle experiences.

A key theme of Hisense’s booth is the scenario-based application of AI technology, reinforcing its leadership in TV and expertise in delivering outstanding picture quality, whilst providing visitors a first-hand experience of the integration of AI in transforming modern lifestyles. Featuring 17 immersive experiences and 59 technical highlights, Hisense will unveil a veritable suite of premium products, including ULED MiniLED TVs, Laser TVs and other smart home appliances, along with advanced applications in automative, commercial displays, healthcare and energy systems.

To kick-off CES 2025, Hisense will host an exclusive press conference on January 6 from 9:00 AM to 9:45 AM PST in the Jasmine Room at Mandalay Bay, the day prior to the official CES opening.

Hisense at CES 2025
Event Dates: January 7-10, 2025
Location: Las Vegas Convention Center, Central Hall
Booth Details: Hisense at Booth 16625

About Hisense

Hisense is a leading global home appliance and consumer electronics brand. According to Omdia, Hisense ranked No. 2 globally for total TV shipments and No. 1 in 100″+ TVs. The company has expanded quickly to operate in more than 160 countries and specializes in multi-media goods, home appliances, and intelligent IT information.

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