Connect with us

Technology

Shanghai thriving as global investment hub

Published

on

BEIJING, Nov. 7, 2024 /PRNewswire/ — A news report from chinadaily.com.cn:

The 2024 Shanghai City Investment Promotion Conference, held on Nov 6, serves as a window for global businesses to explore Shanghai’s evolving business environment and investment opportunities.

The event, part of the 2024 China International Import Expo at the National Exhibition and Convention Center (Shanghai), is attended by representatives from the Shanghai government, businesses, investment promotion agencies and academic institutions. An array of road shows, arranged by districts and business areas of Shanghai are featured for investors to learn about the latest developments and new investment trends in the city.

In 2024, amid global economic uncertainties, Shanghai continues to stand out as a favored investment hub for foreign enterprises. By the end of September, the city boasts 998 foreign-funded headquarters and 582 foreign-funded research and development centers, marking respective increases of 42 and 21.

Companies selected Shanghai as a preferred investment destination for a multitude of reasons, including its openness, innovation, inclusiveness, efficient government services, comprehensive supply chains, prime geographical positioning, well-developed infrastructure, abundant talent pool and world-class living environment.

Supporting rapid expansion

Japan-based Yusen Logistics entered the Chinese market in 2000 with its China headquarters based in Shanghai. Over the past 24 years, the company has experienced significant growth in the country, expanding to more than 20 branches and offices nationwide, employing more than 1,200 staff members.

“Our core services encompass international ocean and air freight forwarding, warehousing, distribution services and supply chain solution. Our customers span various sectors including automotive, healthcare, retail, aerospace, technology and food industries,” said Kaori Nagamizo, chairman, president and CEO of Yusen Logistics China.

Nagamizo said that Shanghai’s position to be an international economic center, an international financial center, an international trade center and an international shipping center provides a great foundation for Yusen Logistics China to take root in Shanghai and expand its business nationwide and even globally. Meanwhile, Shanghai’s excellent hardware facilities and supporting industrial resources for the logistics industry such as its deep-water port, airports, talent pool, rapid developing telecommunication industry and finance industry also strengthen Yusen Logistics’ confidence.

In 2021, Yusen Logistics inaugurated its East Asia regional headquarters in Shanghai, aiming to consolidate resources, enhance management practices and optimize its business structure within the Chinese market.

“This strategic move has not only enabled us to deliver professional, dependable and comprehensive high-quality services to our clients but has also facilitated collaborative advancement with our partners, contributing to the sustainable development of both companies and society,” said Nagamizo.

Nagamizo said Yusen Logistics will continue to expand its presence in Shanghai and China. It will further use its expertise to bolster the development of Shanghai and China.

“The modern logistics industry in Shanghai is developing rapidly, with more than 100,000 registered enterprises, indicating a vibrant logistics sector. The city is leading industry transformation in areas such as information technology, digitalization and industry integration, positioning itself at the forefront nationwide and exerting international influence on the global logistics industry,” said Nagamizo.

“Yusen Logistics will leverage our experience and advantages in the logistics sector to enhance logistics efficiency, support Shanghai enterprises in integrating into the global supply chain, promote regional economic integration, facilitate the sustainable development of the logistics industry, support the development of emerging industries and contribute to talent cultivation and standardization in the logistics sector,” he added.

Yusen Logistics will also contribute to China’s “dual carbon” goals to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060.

“Yusen Logistics has actively promoted green logistics in the Chinese market by introducing carbon dioxide emission calculation tools, transportation process carbon emission data management systems and tailor-made carbon emission reduction solutions. We have introduced the hydrogen fuel cell truck transportation model and the Sustainable Aviation Fuel program in China,” said Nagamizo.

Navigating opportunities and challenges

E-Land, a leading apparel manufacturer from South Korea, first established itself in the Minhang district of Shanghai in 1992. Over the past three decades, the company has continually seized new opportunities in China, propelling its growth and success.

In 2023, E-Land built the E-Innovation Valley, an industrial park situated in Minhang district with an investment exceeding 1.8 billion yuan ($253.64 million).

Today, this innovation valley houses E-Land’s China headquarters and functions as a service hub for South Korean businesses. It provides support in areas such as business registration, finance, identifying local partners and logistics services.

“There is a comprehensive fashion apparel innovation center within the valley, offering services including business operations, automated logistics, e-commerce, rapid-response production facilities and photography studios. It also serves as a launchpad for South Korean enterprises seeking access into China and Chinese companies aiming to expand globally,” said Chris Kim, general manager of E-Land Investment and Operation Company. “The innovation valley not only provides a business space but also leverages the 30 years of E-Land’s experience in China.”

So far, organizations and businesses like the Korea SMEs and Startups Agency Global Business Center (Shanghai) and Speedy Factory have established their presence in the innovation valley. Additionally, Korea Startup Accelerators and Early Stage Investors Association, an association in South Korea that specializes in offering acceleration services such as investment and international expansion support to startups, has reached an agreement to relocate to the valley.

Kim said that the company will cash in on Shanghai’s status as an international consumption hub to assist emerging fashion brands from South Korea in entering the Chinese market. Moreover, the company plans to enhance its cross-border e-commerce operations by utilizing the well-established logistics network between China and South Korea.

Kim said that despite uncertainties and challenges in recent years, E-Land maintains confidence in the long-term development of China.

“E-Land is a company that consistently views challenges as opportunities,” said Kim. “In my opinion, markets can be categorized into two types: the Chinese market and non-Chinese markets. I maintain an optimistic outlook on the long-term potential of the Chinese market.”

Bolstering long-term development

In recent years, Shanghai has been committed to building itself into an international consumption hub and has identified three pioneering future industries — biomedicine, artificial intelligence and integrated circuits — with the aim to inject vitality into the long-term development of the city.

German life science company Bayer, boasting a presence of more than 140 years in China, has significantly increased its investment in consumer health products, pharmaceuticals and agricultural solutions in Shanghai and throughout China in recent years.

Bayer opened its China Center for Innovation and Partnership at the Shanghai Frontier Industrial Innovation Center for Biomedicine on Oct 16. This move signifies Bayer’s commitment to further seizing opportunities arising from the consumption upgrade trend in China.

According to Zhou Xiaolan, global executive vice-president of Bayer’s Pharmaceuticals Division, president of the Pharmaceutical Division of China and president of Bayer Greater China Region, the new setup was established to promote innovation and collaboration in the fields of health and nutrition, accelerate innovation and partnership and help enterprises explore more self-care solutions suitable for Chinese consumers.

“With the CCIP, Bayer will integrate more deeply into China’s innovation ecosystem. CCIP will continue to implement and deepen the principles of open innovation and collaborative operations, aiming to build an integrated innovation cooperation network that combines industry, academia and research institutions and establishing close relationships with partners,” said Zhou. “CCIP will also leverage Bayer’s extensive international experience to integrate consumer needs from China, Asia-Pacific region and even globally, utilizing Bayer’s global network to accelerate the internationalization of Chinese innovations.”

In the pharmaceutical area, Bayer has invested more than 3.5 billion euros ($3.81 billion) in the past three years to establish a cell and gene therapy platform, or CGT, with seven projects of CGT currently in various stages of clinical development. In the agriculture area, Bayer is actively developing and introducing crop seeds and crop protection solutions that meet diverse needs in the Chinese market.

According to Zhou, Shanghai, home to the China headquarters of Bayer, will continue to be an ideal destination for its business environment.

Shanghai’s business environment has clear advantages, especially in the pharmaceutical sector, where the development potential is immense. I believe that with the joint efforts of the government and enterprises, Shanghai’s business environment will continue to improve, creating more opportunities and development space for businesses,” said Zhou. “Shanghai is a long-time home base of Bayer in China; and we have no hesitation to promote Shanghai internationally.

“If I were to describe Shanghai with a few keywords, they would include ‘open and inclusive’, ‘innovation engine’, ‘business-friendly’, ‘talent hub’, ‘limitless opportunities’ and ‘pragmatic’.”

Getting involved in transformation

The US-based smart building solution provider, Johnson Controls, has been actively capitalizing on the vast opportunities emerging from China’s artificial intelligence industry and green economy in recent years. It aims to facilitate the high-quality and green transition of the advanced manufacturing sector.

Shanghai, a key economic center in China known for its robust demand for smart building solutions and energy management, as well as diverse application scenarios, plays a vital role in inspiring and providing market insights to Johnson Controls, according to Yu Ning, head of Government Affairs of Johnson Controls in China.

“The Shanghai of 2034 is poised to be the global model for a sustainable and smart city, where cutting-edge technologies such as AI are seamlessly interconnected into business and everyday life. Intelligent buildings will be at the heart of this sustainable and smart ecosystem,” said George R. Oliver, chairman and CEO of Johnson Controls at the 36th International Business Leaders’ Advisory Council for the Mayor of Shanghai held in September.

The ongoing measures implemented by the Shanghai government in areas such as innovation, talent development, regulation and financial support in recent years all serve to strengthen Johnson Controls’ confidence in Shanghai, according to Yu.

Shanghai, in my perspective, is a city of innovation, smart, green and low-carbon, as well as open and inclusive,” said Yu. “For many years, Johnson Controls has been actively involved in the city’s development. We are very proud to be a part of Shanghai’s transformation journey.”

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/shanghai-thriving-as-global-investment-hub-302299495.html

SOURCE chinadaily.com.cn

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Greenway’s Cell-Driven “Core” Technology Debuts at the Milan EICMA Two-Wheeler Exhibition

Published

on

By

MILAN, Nov. 8, 2024 /PRNewswire/ — November 5th to 10th, Greenway(SHSE:688345), a global leader in micromobility lithium battery solutions , showcased its innovative battery solutions for electric motorcycles and electric-assisted bicycles at the 2024 EICMA exhibition in Milan, Italy, under the theme “Safety, Sustainability, Smart.”

With 18 years of experience in the micromobility lithium battery sector, Greenway has refined its Cell-Driven “Core” technology. It utilizes 18650 and 21700 small cylindrical cells from major Japanese and Korean companies like LG, Samsung, and Panasonic, as well as its “Gingu Bang” 34145 large cylindrical cells from its subsidiary, K-tech New Energy. These products cater to the diverse battery needs of electric two-wheelers worldwide.

Greenway is committed to the electrification of motorcycles, providing high-end customized lithium battery solutions to world-renowned electric motorcycle and bicycle brands. Since 2016, it has partnered with Yadea, supplying batteries for models like the high-end Yadea Z3 electric motorcycle.

Safe Travel: Speed and Passion

Recognized for its safety efforts, Greenway received China’s first CCC certification for electric bicycles on October 23, covering products such as the IMR34145E 12 and IMR34145E 14 large cylindrical cells from the “Gingu Bang” series and the DZ48N-28EM battery pack. Internationally, its electric-assisted bicycle battery achieved the world’s first PRODUCT SAFETY MARK certification to the EN50604-1 standard, ensuring compliance with European safety regulations.

Green and Environmentally Friendly: Committed to Sustainable Development

In line with the EU Battery Regulation (EU) 2023/1542, Greenway’s products for the EU market now meet the required declarations and carry the CE mark, reflecting its commitment to environmental sustainability. The company employs eco-friendly design practices, including solder-free connection technology, which simplifies assembly and enhances recyclability. This allows for localized repairs without discarding entire battery packs in the event of malfunction.

Smart Travel: Offering You A Better Journey

To improve the travel experience, Greenway has developed an advanced Battery Management System (BMS) incorporating IoT smart modules. This system allows real-time communication between the battery and smart devices, enabling users to monitor battery health remotely and utilize intelligent fast-charging capabilities during peak usage.

At the Milan exhibition, Greenway is showcasing its comprehensive solutions for electric two-wheelers, from cells to PACKs, and introducing its advanced Non-welding and Wire bonding technology. The company invites industry peers to  explore future lithium battery innovations for electric two-wheelers.

To learn more, please visit the Greenway official website: https://www.greenway-battery.com

Photo – https://mma.prnewswire.com/media/2552313/Greenway_2024_EICMA_exhibition.jpg
Logo – https://mma.prnewswire.com/media/2552312/Greenway_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/greenways-cell-driven-core-technology-debuts-at-the-milan-eicma-two-wheeler-exhibition-302299760.html

Continue Reading

Technology

THE VIDEO GAME TWO FALLS (NISHU TAKUATSHINA) FINALLY LAUNCHES ON NOVEMBER 8!

Published

on

By

Each player will experience a unique journey tied to the perspective of the chosen character.

MONTRÉAL, Nov. 8, 2024 /CNW/ – The upcoming launch of Two Falls (Nishu Takuatshina) on Friday, November 8, will mark a pivotal moment in video game history. Centered around a narrative exploration, this interactive drama is the first Quebec-made game to address Indigenous realities and present them from the perspective of the communities themselves. In the context of national reconciliation, this approach will contribute to bridging the gap between the groups involved.

Two Falls depicts the initial encounters between French settlers and Indigenous peoples in the vast forests of 17th-century Canada. It allows players to experience the intertwined adventures of the characters Jeanne and Maikan.

Jeanne is a young Fille du Roy who has come from France, hoping to start a new life in the Canadian territories. However, her dreams quickly turn into a nightmare when her ship runs aground. Stranded far from the colonies and without any tools to survive the wilderness, her only companion is Captain, a charming English sheepdog.

As for Maikan, a young Innu hunter-gatherer, he embarks on a journey westward to unravel a mystery. His path will lead him through unfamiliar wilderness, but nothing can prepare him for his first encounter with outsiders.

Players will take turns embodying each character, discovering their unique realities and cultures. Each character has their own way of seeing, hearing, and feeling the world. As they experience different episodes from the perspective of Jeanne or Maikan, they will realize that the same event can hold very different meanings, leading them to question their beliefs.

Discovering through different perspectives

The publisher Unreliable Narrators has brought together a passionate team for Two Falls, including Indigenous creators Awastoki (3D artist), Isabelle Picard (writer and screenwriter), Tara Miller (art director), Charles Bender and James Malloch (actors), and Eadsé (composer). Its content has been validated by a council of Innu and Wendat elders, who suggested story variations that they wanted to highlight.

One of the game’s objectives is to revisit historical moments from contrasting perspectives. This results in a rich and nuanced narrative that encourages players to reflect on the current world. “We hope to inspire curiosity and interest in our culture, our history, and our perspectives,” explains Alexis Gros-Louis Houle, founder of Awastoki and 3D artist. “Our people are always happy to share their ways of thinking and acting with others. Inevitably, we find that the values of one and the other are similar despite our differences.”

A technology at the service of a unique storyline

Thanks to the powerful Unreal Engine 5, players will be able to explore the Canadian territory from two different perspectives. These viewpoints are expressed through distinct artistic directions that accompany the player based on the chosen character. Producing these elements was a significant challenge, says Kim Berthiaume, who participated in the project as the general director of Unreliable Narrators.

“It was essential to translate the contrasting perceptions of the protagonists into unique versions for each. We customized the textures, trees, rocks, soundscapes, and even the music for each perspective. This approach allowed us to accurately convey the emotional and narrative differences in the experiences of Jeanne and Maikan.”

Among the many features of Two Falls, we highlight the following:

Its stunning environments with lush vegetation and varied atmospheres;Its intriguing characters and a rich, captivating storyline drawn from the imagination of Wendat writer Isabelle Picard;Players’ decisions shape the personalities of the protagonists and their perceptions of the characters they encounter, the events they experience, and the environments they explore;The original soundtrack was composed by Indigenous musicians and singers.

Two Falls will be available for $25.99 on Steam and Epic Games Store on November 8, followed by releases on PlayStation 5 and Xbox Series X|S in early 2025.

SOURCE Indie Asylum

Continue Reading

Technology

FE Systems becomes one of the leading service providers in the high-end IT sector

Published

on

By

– Picture is available at AP

LONDON, Nov. 8, 2024 /PRNewswire/ — FE Systems is a rapidly rising IT company based in London, United Kingdom. They provide a wide range of software development services and solutions all across the globe matching any timezone. Founded in the year 2023 and is already one of the top IT companies in the UK. The company serves small, mid and large sized clients from all over the world. FE Systems also provides security on E-commerce platforms and has already been able to protect numerous websites from cyber attacks. Worth mentioning they have prominent strategic partners, some of them are AWS amazon web services, Google and Meta.

E-commerce is the new way of doing business and FE Systems brings over a rich expertise in professional e-commerce website development. They build powerful, customized online stores that elevate your brand, with scalable solutions that integrate seamlessly with payment gateways, inventory, finance, and other business tools. Expand your digital presence with a robust e-commerce platform, guided by FE Systems Ltd.

Their process starts with meeting clients to understand their requirements properly in order to identify the best method to solve them. This knowledge allows to conduct research, plan and come up with solutions to assist them in achieving their business goals.

FE Systems top class project management ensures timeline delivery of a quality product, which is requirement specific and completely business oriented.

Timezone compatible

They do work with different clients from all parts of the world and provide services as per their timezone. Their developers got available as per their timezone preferences.

As an IT software development company, they offer ongoing support, adjustive enhancements, perfective upgrades, technical improvements, etc. Anything to keep you going and growing with a 24/7 support – 365 days a year.

Contact:

FE Systems Ltd.
Besim Ibrahimaj
Kontakt: contact@fe-systems.co.uk
483 GREEN LANES LONDON
UNITED KINGDOM N13 4BS

 

View original content:https://www.prnewswire.co.uk/news-releases/fe-systems-becomes-one-of-the-leading-service-providers-in-the-high-end-it-sector-302298759.html

Continue Reading

Trending