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Global Times: White paper outlines China’s rural road devt, achievements in new era

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BEIJING, Dec. 2, 2024 /PRNewswire/ — China’s State Council Information Office on Friday released a white paper titled “China’s Rural Roads in the New Era” to outline the achievements and vision of rural road development in the new era and to share China’s experience.

In terms of general achievement, the white paper said that by the end of 2023, the total length of rural roads reached 4.6 million kilometers, an increase of 21.7 percent over 2013, enough to circle the equator 115 times.

So far, the country has put in place a rural transport infrastructure network in which county roads connect rural and urban areas, township roads crisscross, and village roads facilitate travel between households and farmland, the white paper said.

Paved roads totaled 4.22 million kilometers and accounted for 91.8 percent of total rural roads, representing an increase of 27.2 percentage points over the past decade. The white paper also highlighted increasing accessibility in rural areas, citing the statistic that paved roads have been built in about 30,000 towns and townships and over 500,000 administrative villages.

Since 2014, more than 1.4 million km of rural roads have been built or upgraded in previously poor areas, all towns, townships and administrative villages where conditions allow had been connected to paved roads by 2019, and all such villages had been connected to bus services by 2020, the white paper noted.

Experts said that China’s achievements in rural roads and poverty reduction highlight the country’s people-centered development philosophy. Meanwhile, China has actively shared its experience with other developing countries and helped them improve their infrastructure, making significant contributions to sustainable development on a global scale.

People-centered approaches

China’s people-centered approaches were highlighted in the white paper, with the word “people” appearing more than 50 times in the 39-page English version of the white paper.

Better transport has cleared bottlenecks that had long held back economic and social development in poor areas, and has laid a solid foundation for rural people to realize moderate prosperity in all respects, it said.

Li Guoxiang, a researcher from the Rural Development Institute, Chinese Academy of Social Sciences, said that rural road construction is one of the most outstanding achievements of the government in the development of rural areas, and it is one of the measures that farmers are the most satisfied with.

He said that rural roads have played an irreplaceable role in solving overall poverty in some parts of China. After the construction of unimpeded rural roads, the connection between rural areas and the outside world, and the endogenous driving force of rural development will continue to increase, otherwise, most of the government’s poverty alleviation measures will be no more than short-term relief.

“To get rich, build roads first”, this is the truth recognized by the central government and farmers, said Su Wei, a professor from the Party School of the CPC Chongqing Municipal Committee.

Road building is a basic, guiding and backbone project for poverty alleviation. Without rural roads, it would have been difficult for China to achieve its goal of eliminating extreme poverty, said Su.

In addition to poverty alleviation, Su said road building is also a prerequisite for rural revitalization and integrated urban-rural development.

According to Su, the accessibility of rural roads is one of the most important factors for rural people to get out of isolation and move toward modernization. With the development of the transportation network, various materials, information and funds can enter the countryside more smoothly, and farmers can also have more access to better education, medical care and other social resources, which plays a basic role in their integration into modern society.

In advancing rural revitalization across the board, the government continues to integrate rural roads into the overall economic development of rural areas, by supporting modernization of rural industries, boosting rural tourism and making efficient use of distinctive resources in rural areas, according to the white paper.

According to the white paper, the steady development of transport facilities in rural areas has attracted more capital, projects and talent to the countryside, creating more job opportunities and broadening the avenues for income growth.

China has built paved roads in rural tourist destinations, industrial parks, sources of resources and minerals, and other points of economic growth, which has made travel in remote areas and particularly in mountainous areas more convenient, reads the document.

In May this year, Chinese President Xi Jinping called for unremitting efforts to upgrade rural roads to facilitate rural development. He ordered that rural roads be built well, managed well, maintained well and used well. For this reason, these roads have become known as “Four-Wells Rural Roads.”

Currently, rural road construction projects provide work for about 80,000 people, enabling an annual average per capita income increase of around 8,500 yuan (about $1,182.57), the white paper noted.

Rural road management and maintenance provide about 850,000 jobs, offering an annual average per capita income of approximately 13,000 yuan, it said.

Shared experience

The white paper also noted that China has shared its development experience and helped construct rural road infrastructure in other developing countries over the years, contributing substantially to poverty reduction, people’s wellbeing and sustainable global development.

These efforts include providing technical standards for highway engineering suited to different national conditions. China’s highway standards have been applied in hundreds of projects in dozens of countries around the world, including Indonesia’s Surabaya-Madura Bridge Project and Mozambique’s Maputo-Katembe Bridge Project, according to the white paper.

China has also played an active role in building new platforms and mechanisms for global transport cooperation and in promoting knowledge and experience sharing. For instance, it has established the Global Sustainable Transport Innovation and Knowledge Center as a platform for cooperation and exchanges and for sharing China’s experience in rural road development with the international community, the white paper said.

China has also shared its experience through international training sessions. The country has held 28 such sessions, including a program on road design and management in Botswana, and an advanced training program on highway engineering for countries participating in the Belt and Road Initiative, the white paper said.

Additionally, China has also provided aid and assistance to several rural road infrastructure projects in other developing countries. Since 2018, China has supported 24 developing countries including Cambodia, Serbia, Rwanda, Namibia, Vanuatu and Niger in highway and bridge construction and maintenance, helping them improve their transport infrastructure, according to the white paper.

“What makes China’s approach special is that we have taken rural road construction as a prerequisite for poverty alleviation and rural development,” said Li, “and this exemplary role and successful experience was seen by other developing countries.”

China’s ability in building and maintaining roads in areas with complex terrain is even stronger than those of some developed countries, Li said, noting that China’s concept of community with a shared future for mankind makes it generous in helping other developing countries to step out of poverty by using China’s experience.

Su said China’s ability to mobilize all kinds of resources at the grassroots level may be its unique advantage, but China’s concept of putting people first and forming synergy between the government and the market is something other developing countries can learn from.

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SOURCE Global Times

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NAVEE Launches ST3 Pro and GT3 Pro at CES 2025, Receives UL and TÜV Rheinland Certifications

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LAS VEGAS, Jan. 10, 2025 /PRNewswire/ — NAVEE, a global leader in intelligent short-distance mobility, today announced the North American launch of its flagship electric scooters, ST3 Pro and GT3 Pro, at CES 2025. The event, running from January 7 to January 10, also marks the company’s achievement of two prestigious awards that validate its leadership in smart mobility.

UL verification: Micromobility Performance Range, Energy Consumption and Acceleration

During CES, UL awarded the ST3 Pro-U and GT3 Pro-U with the “Micromobility Performance Range/Energy Consumption/Acceleration” verification. This recognition validates NAVEE’s engineering excellence, with both scooters exceeding rigorous standards for range, energy efficiency, and acceleration. Bryan Bai, NAVEE’s Vice President and Head of North American Sales, and Sherry He, vice president and general manager of Consumer, Medical and Information Technologies at UL Solutions, presided over the award ceremony.

TÜV Rheinland Certification: Range at Max. Speed

Simultaneously, TÜV Rheinland granted the ST3 Pro its “Range at Max. Speed” certification, verifying that the scooter delivers on its promised maximum speed range capabilities. Jay Yang, Vice President of Greater China Electrical at TÜV Rheinland, presented the certification to NAVEE, underscoring the scooter’s exceptional performance standards.

“These launches at CES 2025 represent a significant milestone in our mission to advance smart mobility technology for consumers worldwide,” said Lu Jian, Brand Representative of NAVEE. “The UL verification and TÜV Rheinland certification demonstrate our unwavering commitment to excellence and validate the real-world performance our customers can expect.”

ST3 Pro and GT3 Pro: Redefining Smart Mobility

The ST3 Pro and GT3 Pro represent the next evolution in urban transportation. Engineered for the demands of modern city commuting, these premium electric scooters combine exceptional range and acceleration with sophisticated smart features. The prestigious UL verification and TÜV Rheinland certification affirm NAVEE’s position as an industry pioneer in electric mobility innovation.

About NAVEE

Founded in 2021, NAVEE has quickly emerged as a leader in the global electric mobility market. With a presence in over 30 countries and more than 200,000 users, NAVEE is revolutionizing urban commuting with stylish, reliable electric scooters. The company continues to invest heavily in research and development, ensuring it remains at the forefront of innovation in the electric mobility sector.

For more information, visit: NAVEE Official Website https://www.naveetech.com/

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SOURCE NAVEE

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Fintech nsave launches investment platform, offering people from distressed economies protection from inflation with compliant and safe investments abroad

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nsave offers trusted dollar, sterling or euro accounts abroad to people from high inflation countries.Customers can now access a range of US equities, ETFs and funds.TQ Ventures leads $18mn financing, with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton.

LONDON and GENEVA, Jan. 10, 2025 /PRNewswire/ — nsave, the provider of trusted, compliant accounts abroad to people from countries with high inflation, has today announced the launch of an investment product, enabling people at risk of financial exclusion to protect and grow their wealth.

The company also confirmed an $18mn Series A investment led by TQ Ventures with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton Foundation, to accelerate their growth.

Today’s means customers can access US equities, ETFs and soon funds managed by some of the world’s largest asset managlaunchers via the nsave app, subject to onboarding and compliance checks.

By working with regulated financial institutions and banking partners in the UK and Switzerland, nsave offers safe and compliant accounts abroad, democratising offshore services to millions of people affected by high inflation or economic uncertainty in their home countries.

nsave’s customers include young professionals who move abroad and face exclusionary and outdated compliance processes due to their country of birth, alongside people from high inflation economies, who fear their life savings will be wiped out.

Based in London and Geneva, nsave is led by former Rhodes Scholars Amer Baroudi and Abdallah AbuHashem.

nsave CEO Amer Baroudi said: “Our vision is to go beyond just protecting everyday people’s wealth by enabling safe and compliant accounts abroad, but to enable them to grow it, too.”

“For some of our customers, this is the first time they can access trusted investment services securely. We believe your passport shouldn’t determine your path to prosperity. Our compliance-by-design approach enables us to offer services safely to many more people.” 

TQ Ventures co-founder and co-managing partner, Schuster Tanger, said: “nsave is tapping into a massive market of individuals underserved by existing financial services who need secure, stable financial solutions.”

“From the outset, I was impressed by nsave’s unique approach and the strength of their team, no doubt a function of Amer and Abdallah’s own lived experience of these challenges. We’re thrilled to roll up our sleeves with nsave to create a more inclusive financial system.”

Contact:
press@nsave.com

 

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Vietnam’s Youth Rally Behind Blockchain: KuCoin Reveals Groundbreaking Insights at VTIS 2024

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HANOI, Vietnam, Jan. 10, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is excited to share the findings from its second edition of the KuCoin Campus Survey, conducted during the Vietnam Technology & Investment Summit (VTIS) 2024. With 926 participants surveyed from December 3rd to December 4th, 2024, the results underscore the vibrant interest in blockchain technologies among Vietnam’s youth, reinforcing KuCoin’s commitment to nurturing this vital market.

The survey, a key initiative under KuCoin Campus, highlights a strong, positive sentiment towards cryptocurrencies, with 92% of participants optimistic about the future of digital assets. Remarkably, 82% of respondents are considering blockchain-related careers, signaling a burgeoning talent pool eager for development and opportunities within the industry.

Vietnam’s strategic importance to both KuCoin and the broader crypto community is evident as 68% of participants expressed a “very high interest” in blockchain, making it a critical hub for crypto innovations and community engagement. Additionally, 73% of respondents currently hold cryptocurrencies, demonstrating a mature market ready for further expansion and adoption.

The survey also uncovered a significant inclination towards diverse blockchain roles, with data analysis (24%), marketing (22%), and business development (21%) being the most coveted. These insights are invaluable as they highlight the areas of highest potential and interest among the future workforce.

Vietnam has been and will continue to be a key market for us,” said Alicia Kao, the Managing Director of KuCoin. “As the People’s Exchange, we are committed to empowering and equipping this new generation with the tools they need to succeed in the evolving digital landscape.”

View the full report here (EN version, VN Version), or visit KuCoin’s official website for further information.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 37 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.

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