Global Times: Chinese insurers pursue innovative programs to shore up elderly care

BEIJING, Oct. 25, 2024 /PRNewswire/ -- Pension finance has been elevated to a strategic priority since the Central Financial Work Conference held in 2023 outlined the industry as one of the five most important areas for the high-quality development of the country's financial sector. In recent years, Chinese financial institutions, especially life insurers, boosted the innovative development of the pension finance sector by leveraging their strength in designing insurance products for the elder

Oct. 25, 2024

Global Times: China's banks beef up financing services for sci-tech enterprises under nation's call for high-quality development

BEIJING, Oct. 25, 2024 /PRNewswire/ -- China's banks pledged to enhance financing services for domestic sci-tech enterprises, particularly innovative small and medium-sized enterprises (SMEs) under the nation's call to support technology development. The remarks were made at the three-day Annual Conference of Financial Street Forum 2024, which is held in Beijing from October 18 to 20, during which industry representatives from home and abroad discussed financial opening-up, cooperation, a

Oct. 25, 2024

Global Times: China's commitment to financial opening-up highlighted at forum

BEIJING, Oct. 25, 2024 /PRNewswire/ -- Chinese financial authorities vowed greater financial support for stable economic operations and high-quality development, including an indication of a reserve requirement ratio (RRR) cut by the end of 2024.  The People's Bank of China (PBC), the country's central bank, is considering a cut of 0.25 to 0.5 percentage points in RRR at an appropriate time before the end of 2024, depending on market liquidity situations, Pan Gongsheng, governor of the PBC

Oct. 25, 2024

Global Times: Foreign businesses delve into opportunities of China's green transformation

BEIJING, Oct. 25, 2024 /PRNewswire/ -- Foreign business representatives who are participating in the Annual Conference of Financial Street Forum 2024 in Beijing expressed strong interest and high expectations to further embrace the booming opportunities of the green transformation in which China has been an active player on the global stage. Abdulla Bin Sulayem, CEO at Seven Tides, a luxury real estate and hospitality developer based in Dubai, United Arab Emirates, participated in this forum f

Oct. 25, 2024

Brinc Hosts Its 4th Successful Asia Health Innovation Summit 2024, as Part of StartmeupHK Festival, Curated by InvestHK

HONG KONG, Oct. 25, 2024 /PRNewswire/ -- The Asia Health Innovation Summit 2024, hosted by global venture accelerator Brinc, as part of StartmeupHK Festival 2024 and curated by InvestHK, attracted a full-capacity in-person attendance of more than 500 at AWS in Tower 535, Causeway Bay, as well as a global livestream audience of over 800 yesterday. Jayne Chan, Head of Startups, InvestHK with Professor Dong Sun, JP, Secretary for Innovation, Technology and Industry for the Government of t

Oct. 25, 2024

Global Times: SMEs account for more than 80% of firms listed on Beijing Stock Exchange, as China accelerates inclusive finance

BEIJING, Oct. 25, 2024 /PRNewswire/ -- Small and medium-sized enterprises (SMEs) make up more than 80 percent of the companies listed on the Beijing Stock Exchange (BSE), as the bourse focused on advancing inclusive financing over the past three years to provide a new channel for a variety of companies to access the capital market, a BSE official told the Global Times recently. To date, the BSE, together with the National Equities Exchange and Quotations, a national equity trading venue operat

Oct. 25, 2024

Global development relies on cooperation

Communication and unity are essential for securing future stability, prosperity BEIJING, Oct. 25, 2024 /PRNewswire/ -- The article has been published by China Daily on Oct. 25: Speakers share their insights at the forum Global Strategic Dialogue 2024: Responsibilities of Major Countries Amid a Dynamic Global Landscape, jointly hosted by the Chinese Academy of Social Sciences and China Daily in Beijing on Thursday. Photo by Wang Zhuangfei/China Daily "Our world is at a cross

Oct. 25, 2024

CGTN: How China advances future development of the Global South

BEIJING, Oct. 25, 2024 /PRNewswire/ -- Practical cooperation has always been the foundation of the BRICS mechanism, a good example of which is the launch of the New Development Bank (NDB). Headquartered in Shanghai, the NDB was jointly established by Brazil, Russia, India, China and South Africa in 2014 to mobilize resources for infrastructure and sustainable development projects in BRICS member nations and other emerging market economies and developing countries. Approving over 100 pro

Oct. 25, 2024

All-Energy Australia 2024: Sungrow's Transformative Energy Solutions Bridging to a Sustainable Future

MELBOURNE, Australia, Oct. 25, 2024 /PRNewswire/ -- In a major event for the renewable energy sector, Sungrow showcased its latest innovations at All-Energy Australia at the Melbourne Convention and Exhibition Centre, featuring the next-generation liquid-cooled energy storage systems, PowerTitan 2.0 and PowerStack, along with new residential hybrid inverters, batteries, and more. As one of the largest renewable energy exhibitions in the Asia-Pacific region, the event serves as a pivotal platfo

Oct. 25, 2024

HSG Laser Opens New Showroom in Busan, Expanding Its Commitment to Localize Services in South Korea

BUSAN, South Korea, Oct. 25, 2024 /PRNewswire/ -- On October 23rd, HSG Laser, a global leader in metal shaping equipment and automation solutions, celebrated the grand opening of their new showroom in Busan, South Korea. This strategic expansion underscores the company's dedication to enhancing service offerings and supporting international client growth at high speed. Established in 2024, HSG Laser Korea marks a significant investment of over 2 billion Won, demonstrating HSG's commitment

Oct. 25, 2024

Pipa Rhythm•Friendship Bridge----Dialogue Between Chinese Music and the World

JIUJIANG, China, Oct. 25, 2024 /PRNewswire/ -- A report from Jiangxi International Communication Center(JXICC): At the Pipa Pavilion in Jiujiang, Jiangxi, the autumn breeze blows gently, and the pipa sounds like the gurgling of spring water and the falling of pearls on a jade plate, which is intoxicating. On October 14, a unique music feast was staged there. Tu Shanxiang, a famous pipa player active in the world music scene and living in Japan for many years, moved the audience's heartstrin

Oct. 25, 2024

2024 Malaysia E-commerce Product Selection Expo Reaches Major Milestone Attracting Leading Brands and Businesses From China

KUALA LUMPUR, Malaysia, Oct. 25, 2024 /PRNewswire/ -- In less than a month since its announcement, the inaugural 2024 Malaysia E-commerce Product Selection Expo, organized by JMM Exhibition, has garnered strong interest from China-based businesses. Numerous leading brands, enterprises, manufacturers, and exhibitors have already confirmed their participation, achieving 75% of the targeted exhibitor capacity. This reflects the high enthusiasm and eagerness among Chinese traders to penetrate t

Oct. 25, 2024

Bahrain Set to Host Second Edition of Gateway Gulf in November

Unveiling the theme 'Investing in a Rapidly Transforming Region'- the invitation-only forum is set to welcome ministerial and business leaders from across the most powerful economies in the world MANAMA, Bahrain, Oct. 25, 2024 /PRNewswire/ -- Bahrain is gearing up to host the second edition of Gateway Gulf, which is scheduled for November 3 and November 4, 2024, at the Four Seasons Hotel, Bahrain Bay. Held under the timely and relevant theme of 'Investing in a Rapidly Transforming Region,' the

Oct. 25, 2024