Technology

CGTN: Ringing in 2025, China vows to bring more smiles to its people

Published

7 days ago

December 31, 2024

BEIJING, Dec. 31, 2024 /PRNewswire/ — CGTN publishes an article on Chinese President Xi Jinping’s annual New Year address. Through looking back China’s achievements in improving people’s well-being and promoting friendship and cooperation with other countries, the article highlights Xi’s important remarks and showcases China’s commitments to providing a better life for people and deepening solidarity and cooperation among the Global South.

On New Year’s Eve, Chinese President Xi Jinping delivered his annual New Year address from his office in Beijing.

Xi described 2024 as an “extraordinary year,” during which the country marched forward in great strides in the pursuit of Chinese modernization.

The address also featured a promise to bring more smiles to the Chinese people and to strive to create a better future for the world in the year ahead.

‘Real benefits’ to people

Xi said the concerns of the people about jobs and incomes, elderly and child care, education and medical services are always on his mind.

During his tours around China in 2024, Xi visited ordinary people to learn about their lives, from their incomes and housing conditions to healthcare, children’s education and elderly care services.

According to China’s Ministry of Finance, 70 percent of government expenditure in 2024 went toward ensuring the people’s well-being.

A batch of effective measures were released throughout the year to improve people’s lives. Renovations of over 50,000 old urban residential communities began in 2024. Tens of millions of people across China benefited from a multi-billion-dollar consumer goods trade-in program. And the lowering of mortgage interest rates helped 50 million households, equivalent to around 150 million people.

In the first three quarters of 2024, nationwide per capita disposable income stood at 30,941 yuan (around $4,178), an increase of 5.2 percent over the previous year.

Facing the challenges of an aging population, with more than one-fifth of China’s citizens now aged over 60, the central government in 2024 allocated 300 million yuan to support elderly meal assistance programs nationwide while additional initiatives led to the installation of 358,000 in-home care beds.

“Of all the jobs in front of us, the most important is to ensure a happy life for our people,” Xi said in his address.

‘A major responsible country’

“In a world of both transformation and turbulence, China, as a responsible major country, is actively promoting global governance reform and deepening solidarity and cooperation among the Global South,” Xi said in his address.

In 2024, China’s unwavering commitment to embracing the world through high-level opening up and win-win cooperation brought broad opportunities for other countries in their pursuit of modernization.

China’s major trading partners increased from over 140 countries and regions to more than 150 in the 12 months to December 31, and citizens of 54 countries can now enjoy China’s 240-hour transit visa exemptions.

China interacted with partners and friends from the Global South throughout 2024. At the gathering marking the 70th anniversary of the Five Principles and Peaceful Coexistence, Xi put forward eight measures to support Global South cooperation, covering training, youth exchange, economic development, free trade, agricultural cooperation, digital economy, green development and ecological conservation.

Meanwhile, China established five cooperation frameworks with Arab states in innovation, finance, energy, economy and trade, and people-to-people exchanges. It also deepened the synergy of development strategies with Latin American and Caribbean countries, and further upgraded cooperation with Pacific island countries.

Also, the Beijing Summit of the Forum on China-Africa Cooperation saw the announcement of an all-weather China–Africa community with a shared future for the new era. Thus, China pledged to jointly advance modernization with Africa by implementing 10 partnership actions over the next three years.

From pushing for the adoption of the first UN Security Council ceasefire resolution in Gaza in March and the signing of the Beijing Declaration on strengthening Palestinian unity in July to launching the “Friends for Peace” group on the Ukraine crisis with other Global South countries, China’s pursuit of peaceful solutions through dialogue and consensus stood out in 2024 amid rising geopolitical tensions and escalating global instability.

“China will work with all countries to promote friendship and cooperation, enhance mutual learning among different cultures, and build a community with a shared future for mankind,” Xi vowed.

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https://news.cgtn.com/news/2024-12-31/Ringing-in-2025-China-vows-to-bring-more-smiles-to-its-people-1zMIHMbpntS/p.html

SOURCE CGTN

Technology

Hithium and Samsung C&T Corporation Forge Global Partnership

Published

55 minutes ago

January 7, 2025

SEOUL, South Korea, Jan. 6, 2025 /PRNewswire/ — Hithium is pleased to announce the signing of a new global partnership with Samsung C&T Engineering & Construction group, a leading construction company renowned for its engineering, procurement, and construction expertise in large-scale projects.

Going forward, Hithium and Samsung C&T will endeavor to work closely aiming to secure more opportunities for energy storage execution projects worldwide, with a project pipeline estimated to be around 10GWh in terms of the total BESS capacity.

By joining forces, Hithium aims to leverage its extensive experience in energy storage to provide Samsung C&T with comprehensive solutions, fostering a unified response to the expanding global energy storage market. Additionally, this partnership will streamline supply chain integration and facilitate resource sharing, thereby enhancing joint competitiveness in the global industry.

The partnership was formalized at Hithium headquarters in Xiamen, China, marking a significant milestone in the companies’ collaborative efforts.

“We are excited to partner with Samsung C&T as we work together to address the evolving energy storage landscape,” said Nazar Yi, Vice President of Hithium. “This collaboration will not only strengthen our capabilities but also accelerate the deployment of innovative energy solutions on a global scale.”

About Hithium

Founded in 2019, Hithium is a leading manufacturer of top-quality stationary energy storage products for utility-scale as well as commercial and industrial applications. With four distinct R&D centers and multiple “intelligent” production facilities, Hithium’s innovations include groundbreaking safety improvements to its lithium-ion batteries as well as increases in lifecycle. With decades of cumulative experience in the field among its founders and senior executives, Hithium leverages its specialization in BESS to deliver partners and customers unique advances in energy storage. The company is headquartered in Xiamen, China, with locations in Shenzhen, Chongqing, Munich, Dubai, New York, California and Dallas. To date, Hithium has shipped 50+ GWh of BESS products (cells, systems, and others), ranking as the Tier 1 BESS supplier and the top 5 global market share.

About Samsung C&T Corporation

Samsung C&T Corporation is a global leader in engineering, construction, trading, and investment, committed to creating sustainable solutions for a better future. Established in 1938 and headquartered in Seoul, South Korea, the company operates across diverse industries, including infrastructure development, renewable and nuclear energy and real estate. With an unwavering focus on innovation, quality and sustainability, Samsung C&T leverages its extensive expertise and global network to deliver transformative projects and solutions across 44 countries in 122 offices worldwide.

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SOURCE HiTHIUM Energy Storage

Technology

Hisense Unveils Vision of an AI Future at CES 2025

Published

55 minutes ago

January 7, 2025

QINGDAO, China, Jan. 6, 2025 /PRNewswire/ — Hisense, a leading brand in global consumer electronics and home appliances, showcased a bold vision for the future powered by artificial intelligence at CES 2025, unveiling groundbreaking advancements in display technology with the new TriChroma LED TV and stunning 136-inch MicroLED Display and smart living solutions.

Leading in the Global TV Market

Building on more than 55 years of innovation, Hisense continues to redefine what’s possible across industries, from home entertainment to smart living, enhancing its commitment to build a leading technology company while delivering real-world solutions that enhance everyday life.

2024 marked a milestone year for Hisense, solidifying its leadership in the global TV market. In Q3, the company achieved a staggering 63.4% of the global TV shipment volume in the category of 100-inch and above, reflecting its dominance in the large-display market. Hisense is also reaping the rewards of its premium TV strategy, ranking second with a third-quarter global high-end TV market share of 24%. Additionally, Hisense‘s products have secured leading positions in several overseas markets, entering the Top 3 tier. This success is driven by strategic investments in cutting-edge technology.

A Vision for the Future Powered by AI

Artificial intelligence lies at the core of Hisense’s strategy to make technology more intuitive and impactful. The proprietary Hi-View AI Engine powers real-time optimizations for picture and sound quality. This advanced functionality allows users to interact with their TVs in new ways, from personalized content recommendations to seamless queries and entertainment discovery.

This focus on intelligent design drives innovation across the home, from displays to appliances, ensuring exceptional consumer experiences. From appliances that suggest recipes to air conditioners that integrate into smart home ecosystems, the company is creating smarter, more efficient environments for consumers worldwide.

Revolutionizing Display Technology

Hisense continues driving to innovate, adapt, and deliver products that exceed consumer expectations, redefining what consumers expect from the future of displays. This new RGB Local Dimming Display Technology utilizes independent Red, Green, and Blue LED chips for unmatched brightness, contrast, and color precision, achieving up to 97% of the BT.2020 color space.

Complementing this is the new 136-inch MicroLED Display, which delivers self-emissive pixel-level precision, combining up to 10,000 nits of brightness with vivid, lifelike visuals. This innovation not only surpasses existing standards but also sets the stage for the next decade of display advancements.

Building Trust Through Partnerships

Partnerships remain central to Hisense’s global growth strategy. Globally, Hisense continues its commitment to bringing people closer to the sporting moments they love through its long-standing partnership with FIFA and its latest sponsorship of the FIFA Club World Cup 2025™.

In partnership with FIFA, Hisense also announced the first global brand campaign for this thrilling tournament with the theme of “Own the Moment”, inspiring everyone to fully embrace life by taking control of the moment and being confident and decisive in engaging in the experience, whether a challenge, a performance or any significant moment in life’s journey. Hisense is devoted to creating more meaningful and enjoyable moments for fans from across the world, cementing Hisense as a leader in delivering technological excellence. Hisense will be the first brand to feature the FIFA Club World Cup 2025™ Trophy at its CES 2025 booth on January 7, 2025.

From the stunning realism of its display technology to AI-powered appliances and energy solutions, Hisense is delivering on its promise of innovation that makes life better.

See the latest innovations from Hisense at CES 2025, January 7–10, in the LVCC, Central Hall—Booth 16625. For more information, visit the Hisense global website.

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 rapidly expanded to operate in more than 160 countries and specializes in multi-media goods, home appliances, and intelligent IT information.

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SOURCE Hisense

Technology

Toshiba Wins Another Equipment Order for Patuha Geothermal Power Plant in Indonesia

Published

55 minutes ago

January 7, 2025

– New equipment order secured following October 2024 milestone –

KAWASAKI, Japan, Jan. 7, 2025 /PRNewswire/ — Toshiba Energy Systems & Solutions Corporation (Toshiba) today announced that it has received an order to supply a steam turbine and a generator from PT Inti Karya Persada Tehnik (IKPT), a subsidiary of Toyo Engineering Corporation, and the EPC contractor for the Patuha Geothermal Power Plant Unit 2 in West Java, Indonesia, operated by PT. Geo Dipa Energi (Persero), an Indonesian state-owned company.

Unit 2 is scheduled to go online in 2027 and will have a generating capacity of 60.3MW as a maximum continuous rating gross base. This is Toshiba’s second recent order for a power generation system for a geothermal power plant in Indonesia, following one for the Wayang Windu Geothermal Power Plant Unit 3, announced in October, 2024.

Indonesia, the world’s second largest producer of geothermal power, is rich in geothermal resources, with an estimated capacity of approximately 30GW. Demand for electricity is surging as Indonesia’s economy grows. While the government shares concerns over global environmental issues, and aims to achieve carbon neutrality by 2060, it must also expand power generation capacity. Under its latest “Electricity Supply Business Plan (RUPTL 2021-2030)” the government aims to increase power generation capacity by approximately 40.6GW by 2030, with geothermal power contributing 3.35GW, approximately 8% of the total. This includes expansion of the Patuha plant in the outskirts of Bandung in West Java, about 200km southeast of Jakarta. The expansion will double the power generation capacity of Patuha Geothermal Power Plant to 110MW.

Toshiba has contributed to stable power supply in Indonesia with the delivery of six steam turbines and generators for geothermal plants with a combined capacity of 311MW. This includes equipment for Sarulla Geothermal Power Plant, one of the country’s largest geothermal facilities, Patuha Geothermal Power Plant Unit 1 and Lumut Balai Geothermal Power Plant Unit 1. Toshiba was selected for its proven track record and the superior performance of its equipment operating at Patuha Geothermal Power Plant Unit 1. Additionally, Unit 1 has also deployed EtaPRO™, Toshiba’s proprietary IoT services for equipment performance monitoring, diagnostics and problem prediction, which will contribute to improved plant uptime and reliable power supply operations*.

Takehiko Matsushita, Vice President of the Power Systems Division at Toshiba, commented: “We are thrilled to have been chosen to provide essential equipment for the Patuha expansion project. I am confident that the performance and reliability of our steam turbine and generator will prove our capabilities as a trusted partner for all kinds of geothermal projects. We have an extensive geothermal product lineup, ranging from 1MW to 200MW, and have executed numerous projects in Japan and overseas, helping our customers to make use of a constant and clean source of energy. We will continue to develop and promote geothermal solutions that support a sustainable future.”

Project outline
Name of Power Plant: Patuha Geothermal Power Plant
Owner: PT. Geo Dipa Energi (Persero)
Scope of Toshiba’s supply: Steam turbine and a generator for Unit 2 (power generation capacity: 60.3MW (maximum continuous rating gross base))
Scheduled commencement of commercial operation: 2027

The signing of the agreement

Patuha Geothermal Power Plant Unit 1 and the planned construction site for Unit 2 (the empty lot at lower right)

Provided by PT. Geo Dipa Energi (Persero)

Note: News Release in October, 2022 https://www.global.toshiba/ww/news/energy/2022/08/news-20220823-01.html

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SOURCE Toshiba Energy Systems Solutions Corporation