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Global Times: 75 years on, China’s path with strong CPC leadership, clear road map inspires world

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BEIJING, Oct. 1, 2024 /PRNewswire/ — Several key statistics are some of the footnotes that the People’s Republic of China has written over the past 75 years: GDP per capita has risen from a few dozen dollars in 1952 to $12,700 in 2023, average life expectancy has increased from 35 years to 78.6 years, and railway mileage has expanded from 22,000 kilometers to 159,000 kilometers, including 45,000 kilometers of high-speed rail…

There are more comparisons across various sectors which demonstrate how China is marching forward with solid steps.

At this historic juncture, it is crucial to understand what kind of path China has taken and what has empowered its great strides.

The answers not only shed light on China’s further quest for modernization but also offer inspiration for the rest of the world, particularly the Global South, in face of development challenges.

Strong leadership

China’s modernization steps have been and will continue to be solid only under the leadership of the Communist Party of China (CPC).

Yang Xuedong, director of the Department of Political Sciences at Tsinghua University, saw the leadership in three layers – pioneer in exploration, the central pillar to unite all, and the ultimate guarantee in a crisis.

The CPC is “a pioneer” in the senses of both ideology and practice, Yang told the Global Times. 

The CPC has envisioned the country’s future path through the pursuit of Chinese modernization. With nearly 100 million Party members at different positions in all walks of life, the CPC also leads the effort in practice, Yang continued. 

Cohesion is vital for a country as unique as China, with its huge population, vast landscape, diverse ethnicities and cultures, and varying interests of different groups, analysts said.

With Party organizations at various levels, the CPC effectively mobilizes people toward a common goal, Yang said.

The CPC has also acted as a safeguard during major challenges, Yang noted.

China’s socialist cause had faced setbacks, but we can always overcome challenges with a strong leadership, analysts said.  

In face of profound global changes unseen in one century, the CPC fulfills its role in the duty of every Party member, as they participate in rural revitalization in villages, safeguard national sovereignty and territorial integrity along both land and sea borders, and strive to tackle cutthroat problems and make scientific and technological breakthroughs, they said. 

Clear road map

China’s path has a clear goal of achieving Chinese modernization and national rejuvenation, and a well-defined road map is guiding the great cause, Yang said.

President Xi Jinping first introduced the concept of Chinese modernization in a speech he delivered to mark the CPC’s centennial in July 2021.

During the 20th CPC National Congress held in October 2022, Xi delivered a report which clarified five features of Chinese modernization, as well as the essential requirements and major principles of it.

In July 2024, the third plenum of the 20th CPC Central Committee adopted a resolution on further deepening reform comprehensively to advance Chinese modernization.

According to analysts, there is a clear trajectory for how Chinese modernization was envisioned, enriched, and will be realized step by step.

Yang particularly highlighted the keyword “people,” which is crucial for this trajectory to succeed.

A people-centered philosophy is reflected in China’s system of democracy, its governance and pursuit of high-quality development. Yang said that China can pool all resources to complete major missions, overcome difficulties, and ensure that the fruits of development are shared by the people. 

Bojan Lalic, director of the Belt and Road Institute in Belgrade, noted that China’s modernization is a comprehensive model with focus on the state’s role, and the objectives incorporate development of infrastructure, technology and innovation, together with social progress.

China also prioritizes environment and ecology, as well as sustainable development, and values culture and tradition in the process of modernization, Lalic said. 

Inspiration for world

China’s modernization is not only meaningful for the 1.4 billion Chinese people, or one-fifth of the world’s population, but also offers development opportunities for others through initiatives such as the Belt and Road Initiative (BRI) and the three global initiatives – the Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative, analysts said.

China has signed more than 230 BRI cooperation agreements with more than 150 countries and more than 30 international organizations, according to the National Bureau of Statistics.  

Beyond immediate economic benefits, China engages in knowledge sharing and cultural exchanges with other countries and regions, showcasing the benefits of collaboration and a collective approach, Lalic said.

Hamad Al Hosani, a senior research fellow at think tank TRENDS Research and Advisory in the United Arab Emirates, told the Global Times that China’s approach has been gradual, emphasizing economic development alongside social and political continuity.

The Chinese path demonstrated the importance of long-term planning, and the value of tailoring modernization strategies to each country’s unique historical, cultural, and social context, Hosani noted. 

Lalic said he believes China’s modernization journey provides pragmatic and adaptable insights for countries and regions facing development challenges.

Countries can tailor approaches to their unique contexts while striving for sustainable growth and development, “the key is China is replacing zero-sum game with win-win cooperation,” Lalic noted.

President Xi has often said that only the wearer of the shoes knows if they fit or not, according to Xinhua.

China’s experience offers an alternative approach and contributes Chinese wisdom to global development, analysts said. For the world, China’s modernization demonstrates how different governance models can coexist, promoting a more pluralistic understanding of progress and global cooperation, Hosani noted.

View original content:https://www.prnewswire.com/apac/news-releases/global-times-75-years-on-chinas-path-with-strong-cpc-leadership-clear-road-map-inspires-world-302262278.html

SOURCE Global Times

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Human-I-T Launches Digital Beats & Skills Workshop for Detroit Youth

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Ft Local Detroit Lions Producer P.L. aka Terry Fox

DETROIT, Nov. 25, 2024 /PRNewswire/ — Human-I-T, a nonprofit at the forefront of bridging the digital divide, is launching the dynamic Digital Beats & Skills Workshop. This transformative program will equip local youth with the tools and inspiration to explore careers in the music industry, igniting their potential and amplifying Detroit’s rich musical legacy.

The inaugural workshop, held at Human-I-T’s Digital Equity Center on 7 Mile on Wednesday, December 4 from 5:00 – 7:00 PM invites youth ages 13-19 to learn from legendary producer, P.L. aka Terry Fox, whose work has been featured on FOX Sports, NBC’s NBA broadcasts, and the NFL Network’s “Gameday” theme. P.L. will share his career-defining techniques, offering a rare opportunity for aspiring young musicians.

“As a leader in digital equity, our mission is to create as many opportunities as possible for the Detroit metro area. The Digital Beats and Skills Workshop is just the beginning of initiatives designed to spark creativity and open doors to new career pathways for children and young adults. By equipping young minds with the tools to think creatively, we hope to inspire the next generation of artists, innovators, and musicians to emerge from Detroit,” reported Graeme Jackson, Marketing and Content Manager at Human-I-T.

Programming will be curated by Class Act Detroit, a non-profit known for empowering youth through music and arts education; the workshop will challenge and engage all attendees. Executive Director Rashad Dobbins, whose work has been featured in projects like The Walking Dead and The Hunger Games: Mockingjay, aims to foster a sense of community and future growth through hip-hop.

The workshop curriculum includes:

Introduction to Beat MakingOverview of Hip-Hop ProductionHistory and Impact of Detroit Hip-Hop

Human-I-T will provide all attendees with their own free Apple Ipad tablets and music production software, ensuring they have the tech tools to continue their journey in music creation. With limited spots available, the workshop is expected to fill quickly.

View original content to download multimedia:https://www.prnewswire.com/news-releases/human-i-t-launches-digital-beats–skills-workshop-for-detroit-youth-302316612.html

SOURCE Human-I-T

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Dye & Durham Announces CEO Succession Plan

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Matthew Proud to step down as CEO after transition periodComprehensive CEO selection process will be initiated to identify a successorBoard and management team will continue to execute on Dye & Durham’s Value Creation Plan

TORONTO, Nov. 26, 2024 /CNW/ – Dye & Durham Limited (“Dye & Durham” or the “Company”) (TSX: DND) board of directors (the “Board”) today announced that Matthew Proud has decided to step down from his role as Chief Executive Officer of the Company. Mr. Proud will remain in his role for approximately three months or until the Board-led search for his successor is completed. The Board is grateful to Mr. Proud for his contributions and his ongoing support as Dye & Durham transitions to new leadership and a new era of growth for the Company. Under Mr. Proud’s leadership, Dye & Durham has grown from a small regional single product company with an enterprise value of approximately $4 million, to a global legal technology leader worth over $2.56 billion in enterprise value.

“On behalf of the Company and the entire Dye & Durham Board, I would like to thank Matt for his invaluable contributions to the Company,” said Colleen Moorehead, Chair of the Board. “Since becoming CEO of our predecessor company in 2014, Matt’s leadership has been instrumental in Dye & Durham’s exceptional growth and position in the legal technology market, navigating the Company through its successful IPO and the completion of multiple, value-accretive acquisitions and partnerships to date. We look forward to working collaboratively with Matt and the senior leadership team during this interim period, ensuring a smooth transition, and continuing to execute on our Value Creation Plan.”  

“I am incredibly proud of the Company we have built together, and I would like to thank the outstanding Dye & Durham team, the Board, and our partners for their support. The senior leadership team is focused and energized and will provide continuity through and following the succession transition,” said Mr. Proud. “Over the past several years, we have grown Dye & Durham into a remarkable, global SaaS legal tech business that has revolutionized the legal software industry. We have strategically and deliberately expanded our solutions suite, geographical presence and customer base since founding, and now through our Unity global platform we offer law firms everything they need to run their practice in a central location. With Dye & Durham well-positioned for a new era of growth, I believe that this is the best time to evolve our leadership to a new CEO who will inspire our next stage of growth and keep our momentum going. I plan to remain a stakeholder and advocate for Dye & Durham.”

Dye & Durham provides premier practice management solutions and vital data insights software that supports critical risk management decisions empowering legal professionals every day. The Company remains committed to executing on its recently published ‘Value Creation Plan’ to continue driving sustainable long-term value for all stakeholders. Details on the Value Creation Plan can be found in the Investors section of the Company’s website and on SEDAR+ under the Company’s profile at www.sedarplus.ca.

ABOUT DYE & DURHAM LIMITED

Dye & Durham Limited provides premier practice management solutions empowering legal professionals every day, delivers vital data insights to support critical corporate transactions and enables the essential payments infrastructure trusted by government and financial institutions. The company has operations in Canada, the United Kingdom, Ireland, and Australia.

Additional information can be found at www.dyedurham.com.

Forward-Looking Statements

This press release may contain forward-looking information within the meaning of applicable securities laws, which reflects Dye & Durham’s current expectations regarding future events. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of forward looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “does not anticipate” or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “will be taken”, “occur” or “be achieved”. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking statements.

Forward-looking statements are not historical facts, nor guarantees or assurances of future performance but instead represent management’s current beliefs, expectations, estimates and projections regarding future events and operating performance. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Dye & Durham’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to, the factors discussed under “Risk Factors” in Dye & Durham’s most recent annual information form. Dye & Durham does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

SOURCE Dye & Durham Limited

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Dye & Durham Releases Letter to Shareholders and Files Management Information Circular Ahead of Upcoming Annual Meeting

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Dye & Durham’s highly qualified Board and management team are focused on driving value for all stakeholders Engine Capital threatens to disrupt the Company’s progress, opposes the consideration of strategic alternatives, and would destroy shareholder value if its nominees are electedDue to postal disruption, shareholders encouraged to contact Carson Proxy if they require assistance in voting or to receive replacement proxy materialsBoard urges Dye & Durham shareholders to vote FOR all of Dye & Durham’s nominees on the GOLD Proxy or GOLD VIF to protect and maximize shareholder value

TORONTO, Nov. 26, 2024 /CNW/ – Dye & Durham Limited (“Dye & Durham” or the “Company”) (TSX: DND) today announced that it has issued a Letter to Shareholders (the “Letter”) and filed its Management Information Circular (the “Circular”) with the Canadian Securities Administrators on SEDAR+ under the Company’s profile at www.sedarplus.ca in connection with the Company’s 2024 annual and special meeting of shareholders (the “Annual Meeting”) scheduled for December 17, 2024. The Letter and Circular are also available on the company’s website.

Due to the Canadian postal disruption, shareholders are encouraged to contact Carson Proxy at 1-800-530-5189, text 416-751-2066, or email info@carsonproxy.com, for assistance in voting their shares, or to obtain replacement proxy materials.

These materials provide compelling, important information on the business of the Annual Meeting, including Dye & Durham’s board of directors (the “Board”), as well as related matters such as voting procedures, how to attend the Annual Meeting, details on the Company’s strong track record of value creation and why Dye & Durham’s director nominees are best positioned to continue the Company’s track record of outperformance. Shareholders are urged to vote the GOLD proxy or GOLD VIF for the renewed Board to sustain Dye & Durham’s momentum and continue driving extraordinary, compounded value for shareholders.  

The Letter and Circular also detail Engine Capital LP’s (together with affiliates, “Engine”) campaign to disrupt the Company’s progress, opposition to the consideration of strategic alternatives, its zero-premium takeover attempt, its track record of poor capital allocation, and its reckless plan to displace the Board and the management team. In addition, the Board details why it believes that the election of Engine’s poorly qualified nominees and the pursuit of Engine’s agenda will be value destructive for shareholders.

The Company encourages you to vote your GOLD proxy or GOLD VIF FOR each of Dye & Durham’s director nominees well before the proxy deadline on December 13, 2024 at 10:30 a.m. (Toronto time). If you have any questions or need help voting your shares, please contact Carson Proxy at 1-800-530-5189, text 416-751-2066, or email info@carsonproxy.com.

Advisors

Dye & Durham has retained Goldman Sachs, as its strategic advisor, Goodmans LLP and Groia & Company as its legal advisors, Gagnier Communications LLC and Sovereign Advisory Inc. as its strategic communications advisors, and Carson Proxy as its proxy solicitor.

About Dye & Durham Limited

Dye & Durham Limited provides premier practice management solutions empowering legal professionals every day, delivers vital data insights to support critical corporate transactions and enables the essential payments infrastructure trusted by government and financial institutions. The company has operations in Canada, the United Kingdom, Ireland, and Australia.

Additional information can be found at www.dyedurham.com.

Forward-Looking Statements

This press release may contain forward-looking information within the meaning of applicable securities laws, which reflects Dye & Durham’s current expectations regarding future events. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of forward looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “does not anticipate” or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “will be taken”, “occur” or “be achieved”. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking statements.

Forward-looking statements are not historical facts, nor guarantees or assurances of future performance but instead represent management’s current beliefs, expectations, estimates and projections regarding future events and operating performance. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Dye & Durham’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to, the factors discussed under “Risk Factors” in Dye & Durham’s most recent annual information form. Dye & Durham does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

SOURCE Dye & Durham Limited

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