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Global Times: China intl supply chain expo kicks off; Nation committed to enhance and upgrade global supply chain

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BEIJING, Nov. 26, 2024 /PRNewswire/ — As over 1,300 participants from over 100 countries and regions as well as international organizations attended the opening ceremony of the second China International Supply Chain Expo (CISCE), which kicked off on Tuesday in Beijing, Chinese Vice President Han Zheng called for promoting win-win cooperation, optimization and upgrading as well as green transition of global industrial and supply chains.

China will adhere to the right course of economic globalization and enhance business and industrial capacity cooperation with other countries for a positive interplay among industries and shared benefits, Han said, the Xinhua News Agency reported.

At the opening ceremony on Tuesday, a Beijing initiative for stable and smooth global industrial and supply chains was unveiled.

On Monday, Chinese Premier Li Qiang, while attending a symposium with representatives of enterprises and organizations participating in the second CISCE, said China will continue to take concrete action to ensure stable and unimpeded global industrial and supply chains.

Join hands, no arm wrestling

Government officials and representatives from the global business community and institutions from more than 100 countries and regions attending the second CISCE opening ceremony on Tuesday took to the stage to express their support for globalization, and voiced their concerns about decoupling and attempts to undermine global industrial and supply chain cooperation.

Observers noted that the global economic stage should be one where partners seek common growth and a shared future by joining hands, rather than by engaging in arm wrestling. They urged governments around the world to work toward ensuring the smooth flow of the global industrial and supply chain.

Chinese analysts said that in face of the sluggish global economic recovery, collaboration and seeking win-win benefits is the only path to ensure the prosperity of global trade, which is the foundation of well-being for the peoples of the world.

Anti-globalization and the fragmentation of the global supply chain will only add costs and incur losses, they noted.

“In Europe, a great meeting of the Eastern and Western economies has been created in Hungary. If you want to see big German factories and big Chinese factories built on neighboring plots next door to each other, please come to Hungary. Our strategy of economic neutrality will make 2025 a fantastic year for the Hungarian economy through the enhanced cooperation between China and Hungary,” Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto said in his speech at the opening ceremony of the second CISCE.

Hungary is honored to be the country of honor here,” Szijjarto said. “We will take the best profit out of our presence here.”

In face of an increasingly complex global economic landscape and rising protectionist headwinds, guests including global business leaders and top executives expounded the benefit of connectivity, as well as the cost of fragmentation.

“A single tree does not make a forest, and a single string does not make music. We can achieve more when we work together, and the bigger the challenge, the more essential cooperation becomes,” Dominic Barton, chair of Rio Tinto, said during his speech at the opening ceremony.

“It is important that we speak up and come out of the shadows to defend and promote supply chain coordination and free trade. It is essential for all of our prosperity,” Barton said.

As the World Bank estimates, a 1 percent increase in participation in the international supply chain is associated with a more than 1 percent increase in per capita income to see the direct link between trade and prosperity, the chair of the mining giant said.

Another example, according to Barton, is that in a scenario where countries block made-in-China products in clean energy, such as solar panels, wind turbines and lithium batteries, Wood Mackenzie estimated that global energy transition costs would rise by 20 percent, or at least the equivalent of $6 trillion.

Confidence booster

Bolstered by the country’s recent slew of incremental policies aimed at injecting vitality into growth momentum, there is rising confidence from the global business community.

On Monday, Premier Li Qiang said that China has achieved generally steady economic growth and made further progress this year, saying that more efforts will be made to step up counter-cyclical adjustment and promote sound economic development.

“At CP Group, we are very confident in the Chinese economy. The package [of incremental policies] is thorough and considerate. As entrepreneurs, we are heartened. The overseas Chinese business community is also heartened,” Dhanin Chearavanont, senior chairman of Thailand’s Charoen Pokphand Group and dubbed the “001 foreign investor to China (among the first foreign investors when China launched the reform and opening-up),” told the Global Times on the sidelines of the event.

Compared with the first edition of the expo held in 2023, this year’s event has seen a growing attendance from global and domestic companies, many of them giants in their sector.

China Council for the Promotion of International Trade Chairman Ren Hongbin said the world is seeing the CISCE, the world’s first and only one of its kind devoted to supply chain cooperation, with growing recognition both in China and globally.

Huo Jianguo, a vice chairman of the China Society for World Trade Organization Studies in Beijing, told the Global Times on Tuesday that the world’s second-largest economy is consolidating its growth momentum with improved quality and constant efforts to optimize its business environment. The attractiveness of the China market and Chinese supply chain will grow stronger and more multinational companies will place their bets on China, Huo noted.

 

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SOURCE Global Times

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5G in maritime environments: VTT and partners push the boundaries of connectivity at sea

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ESPOO, Finland, Nov. 27, 2024 /PRNewswire/ — In an EU-funded project, VTT Technical Research Centre of Finland and partners have successfully demonstrated an innovative solution to improve the coverage and capacity of high-speed, low-latency 5G services beyond coastal areas. This is a groundbreaking step toward comprehensive maritime connectivity, enhancing communication, safety and passenger experience at sea.

5G technology has transformed communication on land, providing high-speed data transfer and minimal latency. However, delivering these benefits at sea has remained challenging, and connectivity has traditionally been limited to urban coastal regions. To address this challenge, VTT, in collaboration with partners in the 5G-ROUTES project, successfully trialed a so-called multi-hop 5G solution near Turku, Finland, extending 5G coverage up to 10 kilometers offshore.

“This was a groundbreaking multi-hop test of 5G networks in a maritime environment. The project aims to solve the coverage and capacity challenges for data transmission at sea, to allow the creation of new solutions for the passengers and the whole maritime industry,” says Anne Lönnqvist, Research Manager from VTT.

VTT led this demonstration with Vediafi, Cumucore and Airbus, with support from Ericsson, Nokia, Digita, DNA, Telia and Goodmill Systems.

“These maritime tests were an excellent opportunity to develop new 5G applications and services for the sea cluster. It was great to see that the technology is ready-the next step is to find a commercial implementation model. The recognition and reporting of satellite positioning disturbances and interference were successfully piloted using the 5G test network. The new multi-hop solution also offered a 5G coverage extension for logistics use,” states Lasse Nykänen, Project Director at Vediafi.

Multi-hop setup proved as a critical breakthrough for vessel connectivity

Reliable, high-capacity 5G can greatly enhance vessel operations, increase automation and enrich the onboard passenger experience. The 5G-ROUTES team has combined multiple communication technologies-public 5G networks, ship-to-ship private 5G and satellite communications-into a cohesive system that seamlessly connects vessels even as they move farther from the coastline.

The demonstrated system enables mid-frequency, high-bandwidth 5G connectivity through a multi-hop setup between vessels. The setup utilizes public 5G NSA networks for coastal connectivity, private 5G SA networks for vessel-based communication and satellite connections as a backup for high availability.

“The higher bandwidth allows for more versatile types of data services. However, the solution is still in a proof-of-concept phase. The main constraints lie in national regulation, the density and pattern of vessel traffic and access to the public 5G network in areas where the capacity may be limited,” says Kati Kõrbe, 5G-ROUTES project manager from Ericsson Estonia.

New commercial opportunities for the marine industry

The system was rigorously tested on two vessels in the TurkuStockholm maritime corridor, with one vessel closer to the coast acting as a hub, providing connectivity to the second vessel located further offshore. This configuration enabled continuous data transfer and reliable internet access for various applications, from real-time video transmission between vessels to VR collaboration tools and multiplayer gaming.

“This solution represents a significant advancement in maritime connectivity by ensuring redundancy in communication even when satellite coverage is unavailable,” says Mika Skarp, Senior Business Development Manager at Cumucore. 

“The multi-hop 5G approach lifts the reliability and bandwidth of maritime networks to a whole new level worldwide. The vessels near the shore gain enhanced data capacity and resilience, ensuring robust connectivity. Cumucore’s scalable and flexible 5G solution offers maritime clients a cost-effective way to improve operational efficiency and enhance passenger experience. This will unlock new commercial opportunities at sea,” Skarp says.

The 5G-ROUTES project, funded by the EU’s Horizon 2020 program, aims to demonstrate innovative 5G applications for cross-border mobility in road and maritime sectors. The results open exciting possibilities for the European marine industry, particularly in cross-border corridors such as LatviaEstoniaFinland. Beyond practical communication improvements, the findings offer invaluable insights into multi-hop 5G connectivity dynamics and public-private network interactions in a maritime setting.

Media materials: https://vtt.contenthub.fi/ui/shares/w18171798/00W7NZjJcL/en/ Photo credits: Andrea Gentili

Additional information
Johan Scholliers
Principal Scientist, VTT
Johan.Scholliers@vtt.fi, +358 20 7223 642

Further information on VTT:
Pepita Wakkola
Manager, Communications
+358 50 360 7242, pepita.wakkola@vtt.fi
www.vtt.fi

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/vtt-info/r/5g-in-maritime-environments–vtt-and-partners-push-the-boundaries-of-connectivity-at-sea,c4071748

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SOURCE VTT Info

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Taiwan’s Products for Modern Households Focus on Customization, Health, and Wellbeing

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TAIPEI, Nov. 27, 2024 /PRNewswire/ — Taiwan’s household products industry is focusing on solutions that are adaptable to diverse lifestyles while promoting health and wellbeing. As the focus on mental health and the environment grows, Taiwan External Trade Development Council (TAITRA) is highlighting several innovative solutions that enhance sleep and maintain clean household environments with customizable experiences.

For assistance finding and collaborating with Taiwan’s leading innovators, please visit: https://en.innovation.taitra.org.tw/suppliers?cat=homeware

Or email: IndustryMarketingTeam@taitra.org.tw

Mattresses customizable to modern sleepers

As the world increasingly prioritizes mental health, sleep quality, which is crucial to managing stress and promoting wellbeing, has also come into focus. According to the Sleep Foundation, 46% of people with below-average sleep consider their mental health as ‘poor’. The right mattress can make all the difference, particularly a mattress specially suited to a sleeper. PANBOR, the largest mattress manufacturer in Taiwan, offers the perfect solution. Its TENLiS Mattress Series with premium materials and advanced ergonomics is designed around the wellbeing of the modern sleeper and can be individually adjusted.

PANBOR has over 30 years of experience researching and innovating mattress designs with extensive R&D capabilities and customization. The company has a significant production volume — 12,000 mattresses per month — and the company is certified according to ISO9001 international standards for quality assurance and ISO14001 standards for environmental management systems.

Clean indoor environments for every household

As diverse as households worldwide are, clean indoor environments and drinking water are uniform needs. Smart home devices and technologies are increasingly used for this purpose, including digitally monitoring water and the air quality. As a one-stop shop for smart capabilities and the most advanced technologies in water and air purification, Fluxtek has pioneered nanotechnology in filter systems, and its filters are fully customizable to any modern household. Fluxtek’s dedicated R&D team is constantly improving efficiency of water and air filters and improving energy efficiency, and it has over 40 international patents and certifications.

To facilitate air flow while preserving an indoor environment, Hiss specializes in tool-less, easy-to-install door and window screens that are customizable to all different types of openings. Its screens are made of eco-friendly mesh material and can be tailored to any space as an alternative for permanent metal screens.

A key partner worldwide

Across its industries, Taiwan’s business community has several advantages to offer:  

Technological capabilities: Robust R&D and patented, proprietary technologiesTrustworthy and reliable: Highly sensitive to and diligent about protecting partner intellectual propertyCustomer-centric: Flexibility and customization for specific needsCompatible with friendshoring efforts: With operations and networks worldwide for business continuity

Helping international buyers access the best of Taiwan 

When searching for a supplier or partner overseas, companies often struggle with finding a suitable company that is trustworthy and reliable, and then communication can pose additional challenges. To accelerate this process and foster impactful synergies, TAITRA serves as a resource and facilitates collaborating with the island’s most unique, forward-looking startups and enterprises.  

The organization solves the pain points of international buyers with the following services: 

Consultations on needs and matching services: https://en.innovation.taitra.org.tw/contact-usExtensive list of companies available online for free: https://en.innovation.taitra.org.tw/suppliers?cat=homewarePre-vetting and screening companies as reliable and trustworthyFacilitating communication and ensuring successful contact is made 

To ensure buyers collaborate with high-integrity businesses, TAITRA has established real-time, borderless services through a comprehensive trade network of over 60 overseas offices in more than 40 countries worldwide, and the organization holds cooperation agreements with over 500 international trade-related sister organizations. 

Photo – https://mma.prnewswire.com/media/2568244/Taiwan_s_household_products_industry_boasts_extensive_OEMODM_experience__offering_highly_customizabl.jpg

View original content:https://www.prnewswire.co.uk/news-releases/taiwans-products-for-modern-households-focus-on-customization-health-and-wellbeing-302317196.html

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China’s first new type of precise phase-controlled fast vacuum circuit breaker for cutting was successfully put into operation

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SHIZUISHAN, China, Nov. 27, 2024 /PRNewswire/ — Recently, the No. 5 capacitor 31322 circuit breaker of Taole 220 kV substation in the Shizuishan area was successfully closed, marking the successful operation of China’s first new type of precise phase-controlled fast vacuum circuit breaker for cutting.

As the only 220 kV substation in Taole Town and the surrounding area, Taole 220 kV substation undertakes important power transmission and distribution tasks. In recent years, with the rapid development of the regional economy and the continuous improvement of residents’ living standards, the demand for electricity has increased sharply, increasing the load of the substation. In particular, the significant increase in the cutting frequency of capacitors puts forward higher requirements for the performance of circuit breakers.

In order to ensure the smooth operation of the equipment, the relevant person in charge from the State Grid Shizuishan Power Supply Company oversaw the entire process on site, controlled all the details of the maintenance work, and comprehensively improved the quality of maintenance according to regulatory standards, as well as guided by experience and technology. In response to the need for the use of cranes and other equipment for construction, the company carefully arranged and deployed, organized relevant personnel to conduct on-site surveys many times, planned the crane driving route and determined the crane load-bearing landing points, and explained to all personnel regarding the on-site construction danger points, nearby charged objects, and pre-control measures prior to the start of construction. At the same time, the operation team strictly implements the work requirements and formulates standardized construction processes. The operators perform their respective duties and strictly abide by safety operation procedures, and conscientiously implement various safety measures to ensure the smooth progress of the transformation.

In the next step, State Grid Shizuishan Power Supply Company will seriously carry out the monitoring and evaluation of the status of new equipment, improve the quality and effectiveness of scientific and technological innovation practice, continuously promote technological innovation to improve core competitiveness, and make every effort to promote the high-quality development of the power grid.

View original content:https://www.prnewswire.com/apac/news-releases/chinas-first-new-type-of-precise-phase-controlled-fast-vacuum-circuit-breaker-for-cutting-was-successfully-put-into-operation-302317199.html

SOURCE State grid Shizuishan power supply Company

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