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Green transition pledged by China

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BEIJING, Oct. 15, 2024 /PRNewswire/ — A report from China Daily

China has pledged to deepen the ecological civilization system and advance the global environmental governance system, according to the 2024 Annual General Meeting of the China Council for International Cooperation on Environment and Development, which was held in Beijing last week.

The three-day meeting, themed Open, Inclusive and Innovative Cooperation to Build a Clean and Beautiful World, started on Oct 10 and was joined by some 400 people from home and abroad, including council members, experts and partners.

During the annual meeting, Liu Ning, an official from the Ministry of Ecology and Environment announced that the first installment of 50 million yuan ($7 million) from the Kunming Biodiversity Fund is expected to be utilized before the upcoming 16th Conference of the Parties to the Convention on Biological Diversity, or COP16.

Liu explained that the funds will be primarily directed to supporting activities determined by COP15 and biodiversity-related projects decided upon during the sixth session of the United Nations Environment Assembly.

“This is a commitment made by China. We hope to promote the successful implementation of the Kunming-Montreal Global Biodiversity Framework internationally through the participation of the entire society,” Liu said.

Additionally, more topics revolving around green development were discussed among officials and experts during the three-day event.

Digital technology has become strategic support in generating climate risk models, subsequent planning and adaptation actions, advanced early warning systems and resources management, said Kevin Austin, deputy director of C40 – a global network of mayors in the world’s leading cities that are united in action to confront the climate crisis.

“In fact, China is already one step ahead. Back in August, the State Council of China has issued guidelines to ramp up green transition in all areas of economic and social development. This explicitly mentions the need of maintaining green transformation through digital technology,” said Austin. He made the remarks during the thematic forum titled Digitalization-Greening for Climate Adaptation and Sustainability of Cities.

In China, some cities have delivered groundbreaking actions with the help of digital technology, Austin added.

Li Xiaojiang, CCICED special adviser and former president of the China Urban Planning and Design Research Institute, said at the forum that the adverse effects and risks brought by global climate change are increasingly affecting the sustainable development of cities.

“Cities, especially those with large populations, must be better prepared for threats brought by climate change, such as extreme weather events, the rise of sea levels, heat waves and drought. And such threats must be considered and dealt with during urban planning,” Li said.

Meanwhile, at an open forum held on the sidelines of the annual general meeting, actions for countering climate change were highlighted.

Xie Zhenhua, China’s former special envoy for climate change, has underscored the pivotal role of developing transformative low-carbon energy technologies. Xie said it provides a vital guarantee for the nation’s success in green transition.

Held in Beijing, the forum is themed Technical Support and Rule of Law for Enhancing Co-control of Carbon Emissions, Pollution Reduction and Green Growth.

Stressing collaborative efforts toward carbon reduction, pollution control and green growth as the intrinsic requirements for achieving high-quality development, Xie noted outstanding achievements China has made in this regard. But he also expressed concern for challenges that may hinder the country in making progress.

For instance, China’s installed capacity of wind and solar power accounted for more than half of the global total in 2023, Xie noted. In June, more than 4.3 million new energy vehicles were sold across the country and 605,000 ones were exported, increasing year-on-year by 35.1 percent and 13.2 percent, respectively.

Despite this progress, the proportion of heavy industries in China’s industrial structure remains high and coal still dominates its energy consumption mix, he said.

At the forum themed Promoting Green Transformation and Contributing to the Global Climate Agenda, climate finance remained a major concern.

At the forum, Liu Zhenmin, China’s special envoy for climate change, has urged the upcoming COP29 United Nations climate change conference to prioritize and address the concerns of developing nations, especially their demands for climate finance.

To maintain mutual trust in the global climate multilateral process, Liu said developed countries, aside from meeting their promises, should come up with more ambitious goals on climate finance for countries in the Global South.

COP29 should instill greater confidence and hope in the international community to address global climate issues and demonstrate that the international community has the means to drive global energy transition to success, Liu said.

“Only in this way, climate ambitions will not be reduced to mere rhetoric or tools for achieving other purposes,” he stressed.

On top of that, experts and officials emphasized that efforts should paid in protecting marine ecosystems.

“Without global action, plastic production is set to almost double by 2040, with severe impacts on the environment and human health,” Kristin Halvorsen, CCICED vice-chairperson, said at a sideline forum during the meeting.

Dou Shuhua, vice-chairman of the Natural Resource and Environmental Protection Committee of the 13th National People’s Congress, detailed China’s efforts in marine protection, citing significant improvements in marine environments.

He said that China has enacted and updated a series of laws and regulations related to marine protection, with more than 100 guidelines and scientific and technological standards issued to support laws and regulations.

In addition, topics revolving around support for developing countries in addressing environmental challenges and the role of the Belt and Road Initiative in contributing to sustainable development were discussed during the event.

Founded in 1992 as a high-level, nonprofit international advisory body consisting of leading figures and senior experts from both China and abroad, the CCICED provides annual policy recommendations to the Chinese government on the environment and development.

 

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SOURCE China Daily

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Massive Gaming, Neowiz, and Kangwon Land Launched ‘Shen Shou Wan fu’ Slot Machine Offline

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‘Shen Shou Wan fu’ is an online slot game that features three powerful guardians, symbolizing immense wealth

Now available as physical slot machines in offline casinos through a collaboration with Kangwon Land

MVG plans to expand distribution with exclusive B2B rights to online channels for slot games

SYDNEY, Jan. 16, 2025 /PRNewswire/ — Massive Gaming(“MVG”) announced that it has launched the ‘Shen Shou Wan fu (神兽万福)’ slot game, co-developed with Neowiz, MVG’s parent company, and Kangwon Land, which hosts the only casino in South Korea open to locals. The game is now available in offline venues as slot machines.

‘Shen Shou Wan fu’ is an online slot game featuring motifs of the Golden Dragon (JIN LONG), Phoenix (FENGHUANG), and Haetae (XIEZHI), which symbolize luck and prosperity.

The slot machine debuted in offline casino venues. Key personnel from MVG and Neowiz worked closely on the art resources and software design of ‘Shen Shou Wan fu’, ensuring a seamless integration of creative and technical expertise. Kangwon Land managed the slot machine’s hardware design and manufacturing. This launch marks the first commercialization of software-based products through public-private collaboration in South Korea’s casino market.

After successfully establishing ‘Shen Shou Wan fu’ in the Korean market, MVG is ready to leverage this success for aggressive global sales. Holding exclusive rights to the slot game, MVG plans to expand its presence in the regulated gaming market by targeting key regions with strategic marketing and distribution.

A representative stated, “We are pleased to showcase our slot game in offline casinos with Kangwon Land,” adding plans to introduce diverse content for global markets.

Massive Gaming(MVG), a prominent B2B iGaming content provider and a subsidiary of Neowiz (KOSDAQ:095660), offers a diverse range of slot, table, and crash games, as well as an advanced Casino Management System and Live Streaming Services. With brands like Whale House, known for its unique slot games, and Blitzcrown, focused on non-traditional gaming experiences, MVG leads in innovative gaming solutions. Committed to high-quality service and technological excellence, MVG continues to expand its global presence. Learn more at: https://massivegaming.io/

 

 

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SOURCE Massive Gaming Pty. Ltd.

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LG Display Unveils 4th-Generation OLED Panel Optimized for AI Era

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SEOUL, South Korea, Jan. 15, 2025 /PRNewswire/ — LG Display, the world’s leading innovator of display technologies, continues to lead the way in large-sized OLED technology by unveiling its fourth-generation OLED TV panel. 33% brighter than the previous generation and optimized for the AI TV era, it is the industry’s first-ever OLED display to achieve a maximum brightness as high as 4,000 nits (1 nit is the brightness produced by a candle).

Panels with both high brightness and energy efficiency are essential for AI TVs, as they use upscaling that analyzes content in real time to deliver ultra-high picture quality of up to 8K. The industry also considers higher brightness to be a key picture quality factor because it enables more vivid images that are akin to natural human vision.

LG Display’s fourth-generation OLED TV panel meets the performance demands of the most advanced AI TVs, interacting in real-time with the TV’s on-device AI to deliver the perfect picture in any environment.   

The new panel’s innovation centers on a Primary RGB Tandem structure, which is LG Display’s proprietary technology that uses independent stacks of RGB elements to produce light. It had previously used a three-stack light source, with two layers of blue elements emitting relatively short energy wavelengths alongside red, green, and yellow elements in a single layer.

The Primary RGB Tandem structure applied to the fourth-generation OLED TV panel organizes the light source into four stacks by adding two layers of blue elements and independent layers of red and green elements. It improves maximum brightness by increasing the amount of light produced by each layer compared to the previous structure.

As well as increasing maximum brightness, LG Display has raised the latest OLED panel generation’s color brightness. Color purity is enhanced by separating the red, green, and blue elements – the three primary colors of light – into distinct layers, resulting in a color brightness of 2,100 nits, a 40% improvement over the previous generation (1,500 nits).

In addition, energy efficiency has been maximized in line with the significantly higher expected power consumption of AI TVs. By enhancing the fourth-generation OLED TV panel’s structure and power supply system, LG Display has reduced its temperature and achieved around 20% greater energy efficiency than the previous generation (in the case of a 65-inch panel).

It also delivers a customer experience that pushes the limits of display with stunning picture quality featuring perfect blacks and rich colors in any environment.

In general, a display’s color reproduction is affected by external light. As the screen reflects ambient light in a bright room, black may appear gray or overlapping reflections of nearby objects might disrupt the viewing experience. For example, while watching content featuring a night sky in a living room in the middle of the day, any sense of immersion would be broken if the sky appears foggy or if reflected furniture overlaps on the screen.

To solve this customer inconvenience, LG Display has developed a special film that offsets both light reflected from the display’s surface and light absorbed and reflected inside the panel. With the advantage of this ultra-low reflection technology, the company’s fourth-generation OLED TV panel blocks 99% of internal and external light reflections, realizing perfect black just like in a movie theater with the lights off even in a midday living room setting (500 lux).

A display’s color gamut and accuracy also decrease dramatically as the viewing environment gets brighter. However, this TV panel sees virtually no change in color gamut and offers 100% color accuracy at 500 lux. It is therefore the only display to overcome the viewing environment limitations of conventional displays.

Meanwhile, the fourth-generation OLED TV panel provides differentiated customer value through human-friendly technologies, such as by emitting only 45% blue light compared with the 70-80% level that would typically be produced by an LCD screen. Blue light is known to negatively affect users’ vision and circadian rhythms.

It additionally stands out as a sustainable display by adopting eco-friendly methods in the entire product life cycle from development to mass production, including using more than 90% fewer plastic raw materials than LCDs and improving the recycling rate of end-of-life product parts to over 92.7%.

LG Display will apply its fourth-generation OLED TV panel to its top-of-the-line mass-produced lineup this year to consolidate its dominance in the premium TV market.

The company then plans to gradually apply its Primary RGB Tandem technology to its Gaming OLED lineup, targeting the high-end gaming market with a diverse range of panels. This already includes the world’s fastest monitor panel equipped with the industry’s highest response speed and refresh rate, which are important specifications for gaming monitors, as well as bendable panels that adjust their curvature according to the gaming content.

“The fourth-generation OLED panel is the essence of innovation that exceeds the limits of existing displays by applying LG Display’s unique technologies such as Primary RGB Tandem and ultra-low reflection technology,” said Hyeon-woo Lee, Senior Vice President and Head of the Large Display Business Unit at LG Display. He added, “We will provide an unprecedented customer experience along with superior picture quality and user-friendly technology while strengthening our OLED technology leadership.”

About LG Display

LG Display Co., Ltd. [NYSE: LPL, KRX: 034220] is the world’s leading innovator of display technologies, including thin-film transistor liquid crystal and OLED displays. The company manufactures display panels in a broad range of sizes and specifications primarily for use in TVs, notebook computers, desktop monitors, automobiles, and various other applications, including tablets and mobile devices. LG Display currently operates manufacturing facilities in Korea and China, and back-end assembly facilities in Korea, China, and Vietnam. The company has approximately 70,707 employees operating worldwide. For more news and information about LG Display, please visit www.lgdisplay.com.

Media Contact:
Joo Yeon Jennifer Ha, Manager, Communication Team
Email: hjy05@lgdisplay.com

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SOURCE LG Display

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Agoda: Tokyo crowned top international destination for welcoming ‘The Year of the Snake’

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SINGAPORE, Jan. 16, 2025 /PRNewswire/ — As the Lunar New Year approaches, digital travel platform Agoda reveals the top 10 most sought-after cities in Asia to celebrate the start of ‘The Year of the Snake’. Japanese cities emerged as tourist favorites for the holiday period with Tokyo taking the top spot.

Tokyo is followed by Bangkok (Thailand), Osaka (Japan), Fukuoka (Japan), and Seoul (South Korea) rounding out the top five based on accommodation search data on Agoda. The list continues with Hong Kong, Sapporo (Japan), Singapore, Phuket (Thailand), and Hat Yai (Thailand) completing the top ten.

Asian travelers are drawn to celebrate the Lunar New Year in metropolitan hubs such as Tokyo, Bangkok, and Seoul. These cities offer an exciting array of festivities and cultural experiences, making them attractive destinations for a festive getaway. The rankings also reveal that travelers seeking international destinations enjoy a mix of climates, from the cooler weather in Osaka and Sapporo to the warmer temperatures in Phuket and Hat Yai.

Hiroto Ooka, Associate Vice President North Asia at Agoda shared, “The Lunar New Year is a special time for travelers, and it’s exciting to see Japanese cities like Tokyo and Osaka being such sought-after destinations during the holiday. Agoda is thrilled to be part of this journey, helping travelers welcome a prosperous ‘Year of the Snake’ and celebrate in style with great deals on flights, accommodations and activities.”

The Lunar New Year holiday marks new beginnings and the arrival of Spring, making it a popular travel period as people look to reunite with family and friends. ‘The Year of the Snake’ symbolizes rebirth and transformation and is said to present an auspicious opportunity for embracing self-discovery and exploring new horizons. Known for their association with good fortune, snakes inspire travelers to shed the old and welcome the new — whether by rediscovering familiar places or venturing abroad during this festive season. 

As travelers prepare for their Lunar New Year holidays, Agoda offers exceptional deals on over 5 million holiday properties, more than 130,000 flight routes, and over 300,000 activities available on the platform. Travelers can find the latest deals on the Agoda app or at agoda.com/deals.

–ENDS–

 

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SOURCE Agoda

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