Author: KJ N

  • AGOS (AGOS), Agos Labs’ Game-Changing Token, to List on BitMart Exchange

    BitMart, a global digital asset trading platform, will list AGOS (AGOS) on September 20, 2023, for all BitMart users. The AGOS/USDT trading pair will be officially available for trading at 11:00 AM (UTC).

    What is AGOS (AGOS)?

    AGOS (AGOS) is the driving force behind the ecosystem of Agos Labs, a web3 product development studio. It stands out with a deflationary model that incorporates buyback and burn mechanisms. This system is designed to stimulate demand and provide essential utilities to players within the ecosystem. One of the main features within the AGOS (AGOS) ecosystem is MetaStrikers, a play-to-earn NFT soccer strategic game.

    Why AGOS (AGOS)?

    The AGOS (AGOS) token is not only a cornerstone of the Agos Labs ecosystem but also powers MetaStrikers. This game seeks to merge the distinct characteristics of GameFi with the potential to address societal challenges, establishing a balance between both facets. MetaStrikers has embraced a DAO-like organizational structure, ensuring that all revenue generated is channeled back into its community.

    The game seeks to reward its player base, setting itself apart by maximizing ROI with healthy tokenomics. Furthermore, the allure of MetaStrikers has even attracted the likes of Keisuke Honda, a renowned Japanese soccer player and co-founder of Dreamers VC alongside Will Smith, who has taken on the role of general manager.

    About BitMart

    BitMart Exchange is a premier global digital assets trading platform. With millions of users worldwide and ranked among the top crypto exchanges on CoinMarketCap. BitMart currently offers 1000+ trading pairs with one of the lowest trading fees in the industry. Constantly evolving and growing, BitMart is interested in crypto’s potential to drive innovation and promote financial inclusion. To learn more about BitMart, visit their Website, follow their Twitter, or join their Telegram for updates, news, and promotions. Download BitMart App to trade anytime, anywhere.

    About AGOS (AGOS)

    Total Supply: 100,000,000 AGOS

    Token Type: POLYGON

    The utility of the AGOS (AGOS) token within the MetaStrikers platform spans across various features. It serves as a reward for official matches and rankings, covers additional level-up costs, parameter redistribution costs, and more. MetaStrikers, powered by AGOS (AGOS), emphasizes a sustainable ecosystem design, ensuring fairness in gameplay and harnessing the unique fun factors of GameFi.

    By integrating both PvP and idle gameplay styles, the game offers rewards for both winners and losers, with a particular focus on a sustainable ecosystem that counteracts the excessive token supply issues seen in other platforms. With a commitment to creating a user-centric blockchain game that upholds fairness, maximizes rewards, and ensures sustainability, AGOS (AGOS) is a key player in the evolving gaming ecosystem.

    To learn more about AGOS (AGOS), please visit their Website, follow their Twitter, and join their Discord.

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  • BitMart Seoul Blockchain Future Night: A Resounding Success as a Side Event of Korea Blockchain Week 2023

    Seoul, South Korea – The KBW side event “BitMart Seoul Blockchain Future Night” was held on September 6th, 2023. It has been hailed as a monumental success, marking BitMart’s first offline event in South Korea. Under the theme “Connect, Learn and Explore”, attendees converged to collaboratively delve into the vast potential of blockchain technology. The event provided a comprehensive overview of the latest trends in both the global and South Korean blockchain industry.

    As a highlight of the Korea Blockchain Week 2023, the event attracted an impressive crowd of over 800 participants, including close to 100 renowned institutions and projects, as well as approximately 250 noted KOLs.

    The evening was filled with exhilarating activities, raffles, and attendees walked away with surprising gifts. “BitMart Seoul Blockchain Future Night” not only served as a platform for networking, but also for industry experts and investors to share innovative developments and forward-thinking perspectives in the blockchain ecosystem. During the event, BitMart provided attendees with insights into its brand philosophy and shared the latest updates.

    The success of the event was made possible thanks to the co-hosts, PEGO Network and Coresky. Additionally, the event received generous sponsorship from Fenbushi Capital, Cipholio Ventures, KaratDAO, Conflux Network, BNBTiger, Meta Era, iPollo, PSE Trading, Staynex, GEMS Esports 3.0 Platform, SynFutures, and SphereX.

    TokenPost, a leading name in the Korean blockchain media space, served as the Chief Media Partner. “BitMart Seoul Blockchain Future Night” attracted numerous benchmark media in the industry, In addition to BitMart’s media partners — ForesightNews, PANews, BlockBeats, ChainCatcher, MarsBit, BroadChainFinance, JinSeFinance, Cointime, numerous other industry media outlets graced the event.

    The “BitMart Seoul Blockchain Future Night” not only emerged as a highlight during the Korea Blockchain Week 2023, but also showcased BitMart’s strategy to expand in the Korean market, deepen product offerings. Furthermore, the event reinforced BitMart’s dedication to fostering connections, promoting learning opportunities, and exploring the world of blockchain.

    About BitMart

    BitMart is the premier global digital asset trading platform. With millions of users worldwide and ranked among the top crypto exchanges on CoinGecko, it currently offers 1,000+ trading pairs with competitive trading fees. Constantly evolving and growing, BitMart is interested in crypto’s potential to drive innovation and promote financial inclusion. To learn more about BitMart, visit their website, follow their Twitter, or join their Telegram for updates, news, and promotions. Be sure to download the BitMart App to easily trade your favorite crypto anytime, anywhere.

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  • The Dramatic Change of Xiamen Airport in the Past 40 Years

    “When I first arrived in Xiamen, I had to take train for a long time. At that time, the airport area was still muddy.” Wang Zeyuan, former deputy general manager of Xiamen International Airport Group, recalled the first arrival in Xiamen and often sigh for its earth-shaking changes.

    In 1980, Xiamen was approved to set up a special economic zone. In November of the same year, the Xiamen Special Economic Zone Management Committee made a resolution to repair Xiamen Gaoqi Airport. In 1981, after the Fujian Provincial People’s Government reported to the State Council for approval, on January 10, 1982, Xiamen Gaoqi Airport was officially started. In 1983, Wang Zeyuan, who had worked in the civil aviation field for more than 20 years, came to Xiamen as a representative of Shanghai technical talents. At that time, there was only one Yingtan-Xiamen railway connected with the outside world. Between “eight mountains and one water”, Wang Zeyuan set foot on this land several times.

    At that time, Xiamen Gaoqi Airport, which was suspended for more than 30 years, was completely abandoned, leaving only a 1250-meter-long dirt runway. At the beginning of the construction, there was only one engineering office in the airport with poor living environment. Wang and the initial builders of the airport came to Xiamen from all over China, “the maximum number of people can reach 10,000”.

    It is in such a harsh environment that they insist on the principle of “navigation”, and these builders have created a “special zone speed” that takes only one year and nine months to complete, which is less than half of the time required for the overall construction of an airport of the same scale. On October 22, 1983, Xiamen International Airport was officially opened to traffic, opening the route from Xiamen to Shanghai for the first time, becoming the first airport named “International” in China. In 1988, it was renamed Xiamen Gaoqi International Airport.

    Xiamen Gaoqi International Airport has continuously created many “firsts” in the history of civil aviation, which has resulted in “Xiamen Airport Phenomenon”. The first airport built with foreign capital; The first airport to decentralize local government to implement localized management and enterprise management; The first airport to rely on self-raised funds for large-scale expansion; The first airport to issue civil aviation shares and successfully carry out capital operation; The first airport to open the fifth freedom right; The first airport to set up an air cargo terminal in cooperation with the civil aviation circles on both sides of the Taiwan Strait; The first airport to introduce international low-cost airlines first formed a dynamic pattern of traditional airlines and low-cost airlines flying side by side.

    From 1984 to 2014, Xiamen Gaoqi International Airport has achieved rapid development in passenger throughput from 100,000 to 20.86 million, and cargo and mail throughput from 1,615 tons to 306,300 tons. In 2019, it achieved 192,900 flights, 27.41 million passengers and 330,000 tons of accumulated cargo and mail throughput when the flight time resources reached the limit, making it one of the busiest single runway airports in China…

    Wang Zeyuan, former deputy general manager of Xiamen International Airport Group

    In 1995, Xiamen Gaoqi International Airport was reorganized to form Xiamen International Airport Group, which opened the road of diversified development. In 2012, it was renamed Xiamen Xiangye Group. “After many changes, the group industry has now expanded to more than a dozen large and medium-sized cities.” Wang said.

    At present, the flight zone of Xiamen Gaoqi International Airport is 4E class, with two terminals T3 and T4, a runway with a length of 3,400 meters, two parallel taxiways and 10 connecting lanes, which can take off and land large aircraft such as B747-8, with a total apron area of 800,000 m2 and 96 parking stands. At present, there are four base airlines: Xiamen Airlines, Shandong Airlines, China Eastern Airlines and Spring Airlines. Xiamen Gaoqi International Airport has become one of the busiest airports along the southeast coast and an important regional aviation hub along the southeast coast of China.

    Today, Xiamen Gaoqi International Airport has opened 172 domestic and overseas routes to 118 airports in 112 cities at home and abroad, forming a route network covering major cities in China, connecting Southeast Asia, Northeast Asia, Europe, the United States and Australia, and becoming a window and bridge for Xiamen to communicate with the world.

    In the summer and autumn of 2023, on the basis of the original international (regional) routes, the airport added four international passenger routes from Xiamen to Paris, Osaka, Hanoi and Yangon, and two international cargo routes from Xiamen to Chicago and New York, which promotes its internationalization.

    In the past 40 years, the airport has changed from a small civil aviation station to an international airport. Wang witnessed the whole development process . This airport plays an irreplaceable role in Xiamen’s economic and cultural exchanges with the outside world.

    In the past few decades, the airport has enabled Xiamen citizens and tourists to enjoy a convenient and fast travel experience, but also brought huge passenger flow and income to Xiamen’s commerce, tourism, culture and other industries, and promoted its urbanization and industrial upgrading of the surrounding areas.

    In recent years, business districts, science parks, cultural and creative parks and other functional areas have emerged continuously, which has promoted the infrastructure construction and population gathering inside and outside Xiamen, improved the coordinated development level of Xiamen, promoted the connection and mutual promotion of domestic and international dual circulations in Xiamen, and provided strong support for building a high-quality and beautiful modern international city at a higher level and striving to take the lead in realizing socialist modernization.

    What’s more, Huli District, where Xiamen Gaoqi International Airport is located, is also accelerating the pace of building a “high-quality, beautiful modern international central city” with the support of airport resources.

    Wang said that the development of Xiamen Gaoqi International Airport is not only the development of Xiamen’s civil aviation industry, but also the epitome of Xiamen’s urban development. Wang expects that in the new historical period, the airport will continue to adhere to the “spirit of the SAR”, constantly innovate, explore and forge ahead, contribute to building a better Xiamen, and let the world know Xiamen and China through the window of the airport.

  • CGTN: 20 years on, China-ASEAN Expo takes cooperation to a new level

    Indonesia, chair of the Association of Southeast Asian Nations (ASEAN) for 2023, is ready to steal the show at the 20th China-ASEAN Expo, which is taking place in the capital of south China’s Guangxi Zhuang Autonomous Region from September 16 to 19.

    In the previous 19 editions of the China-ASEAN Expo, thousands of Indonesian businesses participated, showing their products across over 2,100 booths. Indonesian cocoa beans, household supplies, handicrafts and bird’s nests have been favored by Chinese consumers as soon as they were unveiled at the expo.

    This year’s expo sees the participation of all 10 members of the ASEAN as well as Belt and Road partner countries. The participation figure rose by 18.2 percent to nearly 2,000 enterprises compared to last year, including 350 Global Fortune 500 companies.

    As the China-ASEAN Expo celebrates its 20th anniversary this year, Chinese Premier Li Qiang on Sunday said the China-ASEAN Expo has witnessed the continuous development of bilateral relations since its establishment, and the two sides are committed to strengthening themselves through unity, win-win cooperation and consideration for the world.

    Li made the remarks at the opening ceremony of the 20th China-ASEAN Expo and the 20th China-ASEAN Business and Investment Summit.

    Model for regional cooperation

    In the past 20 years, over 70 kinds of fruits from ASEAN countries have been approved for import into China. ASEAN fruits are always one of the most popular products at the China-ASEAN Expo.

    This year, Malaysian jackfruit will officially make its debut in China through the ongoing 20th China-ASEAN Expo, showing the China-ASEAN expo has actively built a platform for ASEAN enterprises to enter the Chinese market.

    China has been ASEAN’s largest trading partner for 14 consecutive years. Latest data from China’s General Administration of Customs showed that for the first eight months of 2023, the total trade value between China and ASEAN was 4.11 trillion yuan ($570 billion).

    As Premier Li pointed out on Sunday, against the backdrop of a weak global economy, China and ASEAN managed to buck the trend and achieve an increase in trade and investment.

    According to Li, the trade volume between China and ASEAN has increased by 16.8 times in the past 20 years and the two parties have been each other’s largest trading partners for three consecutive years, with their two-way investment exceeding $350 billion.

    China-ASEAN relations have become the most successful and dynamic model in regional Asia-Pacific cooperation, and a clear example of how to promote the construction of a community with a shared future for all, the Chinese premier noted.

    Amity, sincerity, mutual benefits, inclusiveness

    The China-ASEAN Expo is seen as a practice of China’s neighborhood diplomacy of amity, sincerity, mutual benefits, and inclusiveness with its past 19 editions attracting a total of 182 Chinese and foreign leaders, over 3,800 ministerial level guests and more than 1.1 million guest exhibitors.

    In his address, Li also pointed out that the key to the success of China-ASEAN cooperation lies in the spirit of amity, sincerity, mutual benefits, and inclusiveness and called on the two sides to create a favorable environment for development, prosperity, peace and tranquility, so that the development of one country can benefit neighboring countries and people in the region.

    He further elaborated China’s plan, saying the country is ready to expand cooperation with ASEAN in such areas as culture, tourism, training and youth to enhance the mutual understanding and friendship between their people, in turn deepening emotional integration.

    To further consolidate the foundation of trust, China will adhere to its basic policy of opening-up and strive to create a good business environment so that investors from all over the world feel at ease and comfortable, the premier said.

    He noted that China is willing to import more competitive and distinctive products from ASEAN countries, enhance regional connectivity, and build more stable and unimpeded regional industrial and supply chains based on comparative advantages.

    “China firmly supports the ASEAN-centered regional cooperation framework. It will continue to synergize the Belt and Road Initiative with the development strategies of other countries, and continue to advance regional economic integration,” Li added.

    Zhai Kun, deputy dean of the Institute of Area Studies at Peking University, noted that cooperation between China and ASEAN has benefited from the expo and extended from trade in goods, investment and services to cooperation on international production capacity, cross-border park construction and other areas.

    Stressing that the expo has also driven bilateral exchanges in many fields, such as artificial intelligence and education, Zhai expressed belief that China-ASEAN cooperation is moving toward broader fields with deeper and higher levels.

    https://news.cgtn.com/news/2023-09-18/20-years-on-China-ASEAN-Expo-takes-cooperation-to-a-new-level-1nb9hEbu4uI/index.html

  • Blockbuster! Renowned TRON Energy Exchange Platform Tronenergy Breaks Through the Siege and Benefits Thousands of Users

    As one of the most popular public chains in the world, TRON has maintained rapid development since its establishment, with comprehensive ecological construction in full bloom. The rapid advancement of various data and energy is a characteristic of the TRON network. Like bandwidth, it can be obtained by freezing TRX, but free energy is not distributed to every account every day. Unlike the bandwidth used for transfers, energy represents the processor resources consumed during the process of running smart contracts.

    Tronenergy is an energy free trading platform in the TRON ecosystem, with the aim of reducing the burning costs required for energy consumption for TRON traders, offering greater discounts, safer and more efficient energy self-service rental services. Transfer USDT without handling fees, saving 70% of expenses. TRX and USDT flash exchange each other. Moreover, users can also rent energy computing power, and the principal will be automatically refunded upon expiration. The TRX obtained from the daily computing power will be used to purchase energy and receive free transfers. The excess computing power will be obtained through flash transfer to obtain USDT and obtain additional value-added income. Tronergy uses artificial intelligence TG robot monitoring to provide users with clear and clear data feedback.

    TRON is committed to promoting the decentralization of the internet and is committed to building infrastructure for the decentralized internet. The TRON protocol under its umbrella is one of the world’s largest decentralized application operating system protocols based on blockchain, providing high throughput, high scalability, and high reliability underlying public chain support for decentralized application operation on the protocol. TRON also provides better compatibility for Ethereum smart contracts through its innovative pluggable smart contract platform.

    Starting from July 24, 2018, TRON acquired BitTorrent Inc., an internet technology company based in San Francisco. The distributed technology designed by BitTorrent Inc. can effectively scale, maintain intelligence, and enable creators and consumers to control their content and data. More than 170 million people use products developed by BitTorrent Inc. every month. BitTorrent Inc.’s protocol can transmit 40% of global internet traffic every day. Currently, TRON is in a golden period of rapid growth, constantly achieving new breakthroughs.

    In order to solve the problem of excessive TRX transaction fees, Tronergy provides energy trading function, which can help you receive payment in seconds, and in this process, the transaction fees are directly reduced by 70%. Users can also rent energy computing power through idle TRX to gain additional benefits.As a leading global wave field energy trading platform, users can not only obtain higher profits through “pledge” and “energy leasing”, but also obtain affordable, safe and efficient energy automatic leasing services with more flexible solutions and simpler operations.

    TRON is committed to providing stable and efficient services to users, striving to develop new technologies and functions to ensure user experience. In addition, TRON provides 24-hour exclusive customer service and professional technical team support to provide users with reliable operational guarantees.

  • Innovative Iteration Swissquote EYMEX Platform Comes

    With the continuous development of technology and the expansion of global trade, foreign exchange trading has become an important component of international trade. However, traditional foreign exchange trading has many problems, such as information asymmetry during the trading process, excessive verification and settlement cycles, and so on. The emergence of blockchain technology provides a new solution to these problems.

    Blockchain technology, as a new decentralized management technology, can ensure the security and transparency of transaction information, while simplifying the transaction process and reducing transaction costs. Therefore, it has been widely used in digital currency transactions. However, the application of blockchain technology is not limited to digital currency transactions, but can also be extended to traditional foreign exchange transactions.

    Swissquote Bank is a Swiss online financial and trading service provider, founded in 1996 and listed on the Swiss Stock Exchange in 2000. It provides online trading of London gold, foreign exchange, CFD contracts for differences, global stock indices, and a wider range of services.

    Swissquote Bank is a legitimate commercial bank regulated by Switzerland, with excellent reliability and transparency. It is one of the top ten foreign exchange brokers in the world, providing professional services to over 600000 individual and institutional clients worldwide.

    The mission of Swissquote Bank is to: Create more popular financial and trade services, providing you with unlimited possibilities. Therefore, Swissquote Bank closely follows the technological progress of the times and utilizes blockchain technology to create a high-end platform based on blockchain technology. Swissquote officially announced in August 2023 that its global leading technology platform, EYMEX, was officially launched. This innovative cross generational trading platform brings change to the trading field and provides users with unparalleled products and services.

    Swissquote Bank has always been committed to providing cutting-edge financial solutions and services to meet the constantly changing needs of customers. The launch of the EYMEX platform this time is a further reflection of Swissquote Bank’s spirit of technology and innovation.

    There are many problems in traditional foreign exchange trading, the most prominent of which are information asymmetry and long settlement cycles. In traditional foreign exchange trading, it is often difficult for both parties to fully trust the other party’s trading information, resulting in information asymmetry. In addition, during the transaction process, multiple intermediary institutions such as banks and third-party payment service providers are involved, which leads to a long settlement cycle of the transaction and the need for mutual trust between the two parties in the intermediary links of these institutions.

    Swissquote knows the pain points of foreign exchange trading, and in order to solve the problems existing in traditional foreign exchange trading, new blockchain technology has emerged. The characteristics of blockchain technology are decentralization, security, transparency, and tamper resistance, which can provide better solutions for foreign exchange transactions. Introducing blockchain technology and utilizing the Eymex platform can perfectly solve the historical challenges of information asymmetry, shortening transaction settlement cycles, and ensuring transaction security and transparency that have plagued foreign exchange trading.

    At the same time, the EYMEX platform also launched the platform token RNDH, which is the most important ecological token that connects the ecosystem. As a direct platform token of Swissquote Bank, RNDH has received support from many blockchain practitioners since its issuance. This year, RNDH will collaborate with top blockchain platforms, and a new ecosystem based on RNDH tokens is being built. It is expected that the value of RNDH will skyrocket. At present, RNDH can only rely on mining machines and mainstream digital asset pledge mining for output. Due to output limitations, a large proportion of RNDH tokens will be owned by early stage investors. With the operation of the platform, the ecological demand for RNDH quantity will increase exponentially, and RNDH tokens will be very scarce at that time.

    The emergence of blockchain technology has brought new opportunities and challenges to traditional foreign exchange trading. Compared with traditional foreign exchange trading methods in the past, blockchain technology has significant advantages in transparency, decentralization, and tamper resistance. It can provide better solutions for foreign exchange trading, and the platform will further consolidate its position as a top trading platform.

    Swissquote stated that it will continue to increase investment in the research and development of the EYMEX platform, continuously optimize functions and performance, and ensure that users can always enjoy the industry-leading trading experience. At the same time, Swissquote Exchange will continue to expand its global business network and service scope, providing users with more diversified financial products and services.

    Overall, the launch of the EYMEX platform on the Swissquote Exchange is a major breakthrough in the field of financial technology. It reshaped the pattern of the trading industry with its advanced technological strength and innovative thinking mode. People look forward to the Swissquote Exchange continuing to bring more innovation and change in the future, providing global users with a more outstanding trading experience, and creating a wave of wealth in the era.

  • China, Cambodia to build community of shared future in ‘more practical way’

    Heng Mengty, an export manager of Kim Chou Co., Ltd. Import/Export and International Transportation, is glad to see that a shipment of wild aquatic products from Cambodia departed from the Sihanoukville Autonomous Port on Thursday.

    Loaded with frozen eels and frozen freshwater glass shrimp weighing around 10 tonnes, the shipment will reach the port of Shanghai around October 15. It marks the first time that Cambodia has directly exported wild aquatic products to China.

    “This export will contribute to economic growth, creating jobs for our farmers and fishermen,” said Mengty.

    Wild aquatic products are the second of Cambodia’s agricultural products authorized for export to China this year after peppers, marking another fruitful cooperation between the two countries.

    Cambodia appreciates China’s long-term strong support and assistance for Cambodia’s economic and social development, said Cambodian Prime Minister Hun Manet when he met with Chinese President Xi Jinping in Beijing on Friday.

    Hun Manet’s trip to Beijing marks his first official visit after taking office in August.

    The visit fully “demonstrates the great importance the new Cambodian government attaches to consolidating and developing China-Cambodia friendship,” said Xi, describing both countries as being “ironclad friends” since they established diplomatic ties in 1958.

    Echoing Xi, Hun Manet said the new Cambodian government will continue to firmly pursue a friendly policy toward China and further carry forward the ironclad friendship between Cambodia and China.

    In the year marked by the tenth anniversary of China-proposed Belt and Road Initiative (BRI), Hun Manet said Cambodia is willing to deepen Belt and Road cooperation and push for further development of bilateral cooperation in industry, agriculture and other fields.

    In the past 65 years, China and Cambodia have witnessed mutually beneficial cooperation on all fronts, such as flourishing bilateral trade and fruitful people-to-people exchanges, as the ironclad friendship continues to stand the test of time.

    The volume of bilateral trade hit a record high of $16.02 billion in 2022, up by 17.5 percent year on year, making China the largest trading partner of Cambodia for 11 years in a row, said Shu Jueting, a spokesperson of the Ministry of Commerce, at a regular press conference in February.

    Cambodia’s Sihanoukville Special Economic Zone (SSEZ), jointly ventured by Chinese and Cambodian investors, is a flagship project under the BRI.

    The trade volume of imports and exports passing through the SSEZ registered $2.22 billion in the first eight months of 2023, a year on year increase of 27.3 percent, according to Cambodian General Department of Customs and Excise, which added the trade volume accounted for around seven percent of the country’s total trade volume.

    So far, the 11-square-km economic zone has accommodated some 175 companies from China, the U.S., Europe, Southeast Asia and other regions, creating nearly 30,000 jobs.

    The SSEZ is a key infrastructure project to back the establishment of the “Industrial Development Corridor” – one of the two corridors Cambodia is establishing with China in a bid to enhance the kingdom’s capacity for independent development, said Kin Phea, director-general of the International Relations Institute of Cambodia.

    The other corridor is the “Fish and Rice Corridor,” which Phea said will develop modern ecological agriculture and farmers will greatly benefit from it.

    Noting China firmly supports Cambodia in exploring a path suited to its national conditions, Xi called on both countries jointly build the two corridors and promote the early implementation of relevant key cooperation projects.

    Both China and Cambodia declared the year 2023 as the China-Cambodia Friendship Year to commemorate the 65th anniversary of the establishment of diplomatic relations.

    The Cambodian tourism ministry in January launched a campaign called “Cambodia-China Good Friend” to welcome tourists from China. And their Chinese friends did not let them down.

    Some 268,130 Chinese tourists visited the kingdom during the first half of 2023, up 771.8 percent from 30,754 in the same period last year, according to the Cambodian Ministry of Tourism, adding that China became the third-largest source of foreign visitors to the Southeast Asian country after Thailand and Vietnam.

    During his meeting with Hun Manet, Xi said both countries should continue to host activities to celebrate the China-Cambodia Friendship Year and expand cooperation in fields including education, tourism and health, so that China-Cambodia friendship will bring more benefits to the two peoples.

    After concluding his trip in Beijing, Hun Manet will attend the opening ceremony of the 20th China-ASEAN Expo and China-ASEAN Business and Investment Summit held in Nanning City, south China’s Guangxi Zhuang Autonomous Region on September 17.

    Noting China and Cambodia have opened a new era of building a high-quality and high-standard China-Cambodia community with a shared future, Xi said China is ready to work with Cambodia to build a China-Cambodia community with a shared future in a deeper and more practical way.

    https://news.cgtn.com/news/2023-09-15/Xi-meets-Cambodian-PM-1n70Whjf7jO/index.html

  • Jin’an District Achieves Fruitful Results in Attracting Investment, Recording Total Investment of RMB 8.48 Billion!

    The 23rd China International Fair for Investment and Trade (CIFIT) opened grandly in Xiamen on September 8. To better share the opportunities of openness and promote investment and development, Jin’an District organized relevant units, key parks, and key enterprises to participate in the fair in Xiamen.

    At the CIFIT, Jin’an District signed a total of 23 foreign-funded projects, with a total investment of RMB 8.48 billion yuan, including foreign capital of RMB 6.27 billion. Among them, there were 13 projects signed at the provincial and municipal levels, with a total investment of RMB 3.892 billion, including foreign capital of RMB 2.732 billion; and 10 projects at the district level, with a total investment of RMB 4.59 billion, including foreign capital of RMB 3.54 billion.

    Renewing friendship and talking about future together

    On the afternoon of September 7, Jin’an District held an investment promotion forum and foreign investment project signing ceremony to renew friendship, seek common development and talk about the future with entrepreneurs. District leaders and representatives of 25 enterprises, including Siemens Mobility, Yijiayi, Chuxing Investment, and Richun Tea, held discussions and exchanges on the development of Jin’an.

    Late-night meeting for expansion of cooperation

    Main leaders of Jin’an District Government met with Mr. Juergen Model, CEO of Siemens Mobility Greater China, to have in-depth discussions on reinvestment by Siemens Mobility in Jin’an.

    Fuzhou R&D Center of Siemens Mass Transit Signaling Innovation R&D Center is the third R&D center in the global R&D network of Siemens Mobility and the only R&D branch in the Asia-Pacific region.

    Currently, the R&D staff and a local implementation team have formed a team of more than 100 people, including four foreign experts. So far, they have participated in 13 projects worldwide. They are responsible for software development of Fuzhou Metro Line 5, and software testing for Fuzhou Metro Line 4, Line 5, and Line 6.

    Signing projects and yielding fruitful results

    The Fuman R&D Headquarters Building and Supporting Industrial Park Project in Jin’an District was signed at the Signing Ceremony of Fujian Key Investment Projects on the morning of September 8, with an investment of RMB 1 billion.

    The Fuman R&D Headquarters Building and Supporting Industrial Park Project is planned to incorporate Fuman Group Center, covering a site area of 25.93 mu and a total gross floor area of 65,507 square meters. It plans to introduce the animation industry and explore the Chinese animation and gaming market, with an estimated annual revenue of more than RMB 500 million after completion. The Giti Tire Fujian Headquarters Project in Jin’an District was signed at the Fuzhou Foreign Investment Matchmaking & China-Indonesia “Two Countries Twin Parks” Project Promotion Conference with an investment of RMB 1.45 billion.

    For the Giti Tire Fujian Headquarters Project, an integrated project is planned to be developed on the company’s self-owned land. The Giti Tire Fujian Headquarters comprises a procurement center, a sales center, a research and design center, talent apartments, commercial retail and office spaces, as well as supporting facilities for daily life.

    A total of 10 foreign-funded projects, including Yuanshan Penglai Innovation Park, Yijiayi Internet Hospital, and Yutengxing Commodities Trading Platform, were signed at the Signing Ceremony of Jin’an District Foreign-funded Projects on the afternoon of September 7, with a total investment of RMB 4.59 billion, covering areas such as software information, biomedicine, and supply chain.

    Offering Suggestions and Seeking Common Development

    Representatives of enterprises in Jin’an District, including Juergen Model, CEO of Siemens Mobility Greater China, and Wu Qingxian, Investment Director of Giti Tire, participated in panel discussion at the Fuzhou Foreign Investment Matchmaking & China-Indonesia “Two Countries Twin Parks” Project Promotion Conference. They shared and exchanged ideas on investment in Fuzhou and Jin’an.

    Jin’an District, full of vitality and vigor, attracting much attention!

    Jin’an District, with great potential and momentum, worthy of trust!

    Jin’an District, quite charming and picturesque, waiting for you!

  • Value and Prospects of STT (Statter Network) from the Bitcoin Halving Cycle

     

    Bitcoin, as the absolute leader in the blockchain industry, has been dominating the cyclical turnover of the digital asset industry through its halving events over the past decade.

    Since its birth, Bitcoin has experienced three rounds of halving- 2012, 2016, and 2020. Based on the halving block of Bitcoin, it is estimated that the fourth round of halving will occur in May 2024.

    The halving of Bitcoin’s output is not only related to the fluctuation of Bitcoin’s own price, but also to the prosperity of the entire digital asset industry. The current Bitcoin mining reward is 6.25 BTCs. It is estimated that after the halving next year, the Bitcoin mining reward will be only about 3.125 remain. From the perspective of miners, the decrease in output directly leads to an increase in mining costs; From a market perspective, a decrease in output means a slowdown of Bitcoin’s sale from the miners. In this context, as miners need to increase profits and reduce costs and the market supply fails to meet the demand, the price increase of Bitcoin becomes inevitable after the halving. The price trajectory after the previous three rounds of halving can be used as a proof.

    In the past three rounds of halving, the relative low point growth of Bitcoin has been 100 times, 30 times, and 8 times, respectively. Although the magnitude of the growth is weakening, its yield still surpasses the vast majority of financial assets globally. With the arrival of the fourth halving, institutions and investors are quietly laying the foundation for the next bull market.

    According to the analyst from well-known financial group JPMorgan Chase predict that the price of Bitcoin will rise to $45000 after halving in 2024 and reach the peak at $150,000 later on; Another financial institution, Standard Chartered Bank, predicts in a report that Bitcoin will reach a price of $120000 by 2024; There are many similar price predictions, although predictions do not necessarily mean the final price. However, the bullish stance of mainstream financial groups reflects the positive attitude of investors toward Bitcoin, and directly enhances market confidence, making the upcoming halving more anticipated.

    Over the past five years, the Bitcoin gains its popularity in the world rapidly, which has driven the prosperity of the entire digital asset industry. From the issuance of stable coins to the emergence of product forms such as DEFI and NFT, technological innovation has realized the valuable applications and accommodated a large number of users and funds. The digital asset industry has become a more open, free, and decentralized special financial market.

    The current digital assets are in the dilemma between the increase of US dollar interest rates and halving of US dollar interest rates, with volatility and activity at a low ebb. However, Wall Street fund managers generally believe that the Federal Reserve will lower interest rates in the middle of next year, which coincides with Bitcoin halving. These two pieces of good news is likely to bring an unprecedented super frenzy to Bitcoin. Now may be the best time to lay out your portfolio of digital assets.

    As mentioned earlier, the returns of investment on Bitcoin have continued to decline during its previous halving, largely due to its high total market value, which was high as $1 trillion. Its high market value has made it impossible to realize times increase this time, making it a capital game for high-end investors.

    Apart from Bitcoin, projects with low market value and high potential are everywhere throughout the mining industry. Previously, the mining project Ethereum has been converted to a POS mechanism, and LTC achieved reduction in 2023. In the upcoming halving in 2024, the remaining mainstream reduction projects will be BCH, BSV, ETC, DASH, STT, etc. Driven by the leading Bitcoin, the mining reduction sector will take a lead in creating value for the next year.

    In the projects to be reduced in production, BCH and BSV belong to the subcategory of Bitcoin. Although DASH is an anonymous coin, its technology also comes from Bitcoin. ETC belongs to the ETH subcategory, but its ecological development is not as good as ETH. These projects all have some common disadvantages, such as outdated projects, outdated technology, and higher market value. In contrast, the constantly innovating ETH ecosystem and smart contract public chains may have greater potential to be tapped. In the reduction sector next year, STT (Statter Network) belongs to the smart contract public chain with greater opportunities and lower market value.

    As a project that relies on mining, STT adopts a more efficient and green SPoW mining mechanism, while also taking into account smart contracts and drag-and-drop technology. In other words, STT is featured by both the security of BTC and the intelligence of ETH, as well as its own drag-and-drop technology innovation.

    According to its official introduction, STT’s project aims to provide a full service public chain platform for the metaverse. Its block rewards will be reduced every 12 months. The first public beta of STT’s mainnet was in April to June of this year. In April to June of next year, STT will reduce its output, which is close to the halving of Bitcoin in May of next year.

    As a reduction concept, can STT stand out in the next cycle and become a rising star in the market? Let’s first take a look at a few objective analysis:

    From the perspective of technical classification, STT belongs to the smart contract public chain. However, from the perspective of application services, STT also belongs to the metaverse. The dual positions allow STT to occupy the two largest traffic entrances currently. Based on an open source public chain library and efficient construction methods, the drag-and-drop public chain technology developed by the team allows the Statter network to quickly produce an efficient, stable, and easy-to-use new public chain, building a unified ecosystem and competition synergy. In addition, Statter also provides comprehensive supporting technologies for the metaverse, including DID protocols, sharding technology, DAG technology, cloud computing, decentralized storage technology, and ultra-high TPS technology.

    Regarding ecological development, Statter network initially aimed at developers and users of the metaverse. However, after a long period of technological innovation (such as Dapp jigsaw puzzles) and ecological development, the Statter ecosystem has included applications in multiple domains such as the metaverse, DeFi, NFT, AI and Game. The metaverse is the foundation of the Statter ecosystem, while comprehensive service of WEB3 is the ultimate goal of Statter.

    From the perspective of the economic output model, STT has multiple features, such as periodic reduction, sustained deflation, and ecological consumption. The current output of a single STT block is 120 STTs. According to the consensus that output is reduced by 25% every 12 months, production will be reduced to 90 STTs per block in May next year; Not only does the output decrease. It is also accompanied by continuous destruction. In on chain circulation and multiple application scenarios, the mining pool creation fee, gas fee, and some STT consumed in specific scenarios will be automatically destroyed. The maximum destruction limit for the entire network is 90% of the total STT; The setting of the pledge mechanism restrain the liquidity of a large number of STTs, and the balance reached between the slow growth of the circulation quantity balances and market demand, promoting STT prices to remain stable in a bear market, which positively verifies the scientificity of economic models.

    Guided by the Bitcoin havling cycle, STT, as a rising star in the reduction sector, boasts multiple technological innovations and ecological applications. Moreover, with its scientifically designed economic model and at the convergence of three major traffic streams, including smart contracts, metaverse, and AI, there is a high probability that STT will become the dark horse and lead the growth of the sector in next year’s reduction.

  • What is SMP?

    Humanity has experienced three industrial revolutions in history. In the first industrial revolution, mankind entered the age of steam, in the second industrial revolution, mankind entered the age of electricity, and in the third industrial revolution, mankind entered the information age.

    The blockchain, an open source distributed decentralized database, records are irreversible and cannot be tampered with. It is the underlying technology of digital currencies such as Bitcoin (BCH), and it’s more of a revolution in the information age!

    As one of the new infrastructure technologies, it’s regarded as the underlying technology of the next generation of the internet.

    After Web3, mankind will enter a new digital era. The blockchain computing power revolution will help the distribution system revolution and drive future development.

    Global idle resources will be integrated to contribute to computing power and build a global consensus economic system.

    String Magnetic Protocol (SMP), a high-intensity integrated blockchain, is presented based on the logic of physics. The most basic computing power of the CPU is regarded as string vibration. Due to the equal vibration of the CPU computing power, the magnetic theory is the same as quantum entanglement, independent mining machines generate computing power and communicate with other mining machines. The CPU computing power and smart contracts are verified, everyone participates in mining fairly, and problems such as idle computing equipment, the inability of smart contracts to bind mining machines, and the classic inflation-price incompatibility paradox are solved. The new physical economic protocol bound by the smart contract EVM and the machine makes the mining process fair and inclusive.

    Promote the reintegration of resources and change the operating logic of the industry. As a digital currency that dominates the economy, mining technology and smart contract binding adopt new revolutionary methods, utilizing the special properties of string magnetic protocol, adopting the concept of zero-knowledge proof, large-scale collaboration and open innovation, protecting user’s privacy and data security and safeguarding the road to great wealth.

    The data value of String Magnetic Protocol(SMP) continues to extend, while empowering personal data, exerting individual value, expanding the scope of new business scenarios, and exploring new wealth in the digital economy era.

    Digital asset mining services are transparent and efficient. Ensure the stability of the digital economy and new wealth system, construct a “business + computing power” hybrid mining model, rapidly deploy technology, reduce system management friction, and adjust equity distribution at any time, setting a new benchmark for the era, the top distributed cloud storage service will be created!

    String Magnetic Protocol covers the entire multi-chain ecosystem. Build a decentralized global computing power sharing platform, a pioneer in the new investment field, focus on global blockchain industry trends, bring a new economy to mankind, seize the golden age of mining, and share the dividends of the times!

    Within the String Magnetic Protocol

    1.Casting the market releases the income of node users and increases circulation

    2.Relying on the ecosystem to burn Tokens

    3.Players purchase NFT and repurchase some SMP

    The economic ecology forms a closed loop to prevent malicious inflation and excessive deflation.

    The information flow and value flow circulate endlessly, stimulating great group cohesion and promoting social development. SMP computing power output is as high as 210,000,000 (100%), and 105,000,000 (50%) will be destroyed.

    SMP’s unique economic model enables cash flow and risk diversification to achieve a win-win situation and has a strong competitive advantage in the mining market.

    Comprehensive rate of return, platform ease of use, and mining threshold considering user experience from multiple dimensions, with rich application scenarios.

    Complete custody pledge model, super consensus mechanism, and pledge increase model.

    Limited edition of NFT bonus mining, the contract pool adds additional profits based on mining computing power, and the gain effect is excellent.

    NFT endorses the string magnetic economic ecology. All sales are the main tokens on the chain, and the regular repurchase of SMP tokens solves ecological inflation conflicts and creates the world’s only fair, transparent, win-win and shared cloud computing power ecology based on technology.

    In the future, the String Magnetic Protocol will follow the pace of the times and launch the String Magnetic Kingdom War game, with a spectacular development scene, complete SMP project creation node recruitment.

    SMP integrates global idle resources, participates in computing power contribution, and builds a global consensus economic system.

    Mining efficiency is greatly improved, a decentralized community node alliance ecology is born, computing power network craze surges, SMP becomes a productivity that benefits the public, and explores infinite possibilities!

  • Filecoin Data: From storage to empowerment, unlock the future of data

    With the continuous development of blockchain technology, decentralized data solutions are becoming a hot spot in the industry. Filecoin Data has announced a strategic partnership with the Us-Based MAKER Foundation and a number of miners around the world. The cooperation aims to promote the development of decentralized data ecology and have a profound impact on the industry landscape.

    In the age of Data, storage and management have become central questions, and the birth of Filecoin Data seems to provide the answer. With Filecoin, it is challenging traditional data processing models and aims to ensure that data is not only stored safely, but also used efficiently.

    Filecoin, as an advanced decentralized data storage platform, has been widely recognized by the global industry. But only storage is not enough, how to make these huge data resources more valuable, more practical, is the next core problem. For these reasons, a new project called Filecoin Data was created.

    Give new value to data

    The goal of Filecoin Data is clear: not only to meet the storage needs of data, but also to provide efficient channels for data utilization. What we are building is not just a storage solution, but a comprehensive data services platform.

    This innovative concept has been widely recognized by the industry, especially in Silicon Valley, where the Us-Based MAKER Foundation has partnered with a number of miners around the world to promote this new project.

     

    Technical features and benefits of Filecoin Data

    With the amount of Data growing like crazy, the technical details of Filecoin Data and the advantages it can bring are all the more important. At the heart of the project is its advanced data management and indexing system, which enables developers and enterprises to access and process the data they need more quickly.

    In addition to basic Data storage capabilities, Filecoin Data also provides a variety of data encryption, classification and labeling tools to ensure the security of data during transmission and storage. More importantly, its open apis and developer tools make integration and application easier than ever.

    There is an argument that Filecoin Data could revolutionize the data landscape. Its decentralized features solve many of the problems faced by traditional data storage and processing, such as single point of failure, data tampering, and access restrictions.

    Not only that, with the further popularization of 5G and Internet of Things technology, Data generation and transmission speed will be faster, Filecoin Data undoubtedly provides the perfect solution for the storage and utilization of massive data in the future.

    With the continuous advancement of technology and the growing demand for Data utilization in the industry, Filecoin Data is gradually showing its great potential and value. We have reason to believe that this innovative project will draw a new blueprint for the digital age.

  • China calls for development, inclusion as African Union joins G20

    The Group of 20 (G20) expanded for the first time on Saturday as the bloc granted permanent membership to the African Union (AU).

    Indian Prime Minister Narendra Modi announced the decision at the group’s summit running from September 9 to 10 in New Delhi, India.

    Modi said later that the G20 had reached a consensus on a leaders’ declaration. Indian Minister of External Affairs Subrahmanyam Jaishankar said China was very supportive of the various outcomes.

    The G20 needs unity instead of division, cooperation instead of confrontation and inclusion instead of exclusion, Chinese Premier Li Qiang said on Saturday while addressing the first session of the summit.

    Advocating common development

    Li urged the G20 members to stick to the original aspiration of unity and cooperation, and shoulder the responsibility of the times for peace and development.

    The G20 members should be partners in promoting global economic recovery, global open cooperation and global sustainable development, he said.

    Aiming to cultivate new drivers for global development and facilitating common development and progress of all countries, China has proposed the Global Development Initiative (GDI), which provides a Chinese solution to promote global development.

    More than 100 countries and international organizations have expressed their support for the GDI, according to the Progress Report on the Global Development Initiative released in June by the Center for International Knowledge on Development of China.

    Nearly 70 countries have joined the Group of Friends, an important platform for extensive consultation, joint contribution and shared benefits that also serves as an important step in institutional development of GDI cooperation, the report noted.

    Addressing the launching ceremony of the report, Chinese Vice Foreign Minister Ma Zhaoxu called for improving global allocation of development resources.

    “We need to further mobilize development resources of governments, business communities, the academia and civil societies, and draw on their comparative strengths to improve resource allocation and the overall development level of developing countries,” he said.

    Developed countries need to earnestly shoulder their responsibilities by delivering on their commitments to official development assistance, development financing and climate financing, and by participating more in GDI cooperation in various fields in order to make the global distribution of development resources more balanced, Ma said.

    To put development first, China has set up a Global Development and South-South Cooperation Fund with a total funding of $4 billion and will soon set up a special fund of $10 billion dedicated to the implementation of the GDI.

    Regarding practical cooperation, over 200 cooperation projects have come to fruition, with cooperation mechanisms expanding in areas such as poverty reduction, education and health in Asia, Africa, Pacific island countries and the Caribbean.

    Expanding voice of Global South

    After years of advocacy, the AU joined the G20 on Saturday, expanding Africa’s voice at the global-level.

    China was the first country to explicitly express its support for the AU’s membership in the G20. Last month, China again stressed its strong support for the AU to become a full member of the G20, according to a joint statement issued after the China-Africa Leaders’ Dialogue.

    In August, Chinese President Xi Jinping said China is committed to supporting Africa in speaking with one voice on international affairs and continuously elevating its international standing when addressing the China-Africa Leaders’ Dialogue in Johannesburg, South Africa.

    G20 membership will provide a propitious framework for amplifying advocacy in favor of Africa and its effective contribution to meeting global challenges, AU Commission Chairperson Moussa Faki Mahamat said on Saturday.

    (Cover: G20 installation in New Delhi, India, September 7, 2023. /CFP)

    https://news.cgtn.com/news/2023-09-09/China-calls-for-development-inclusion-as-African-Union-joins-G20–1mXICAl5H4Q/index.html

  • The 23rd CIFIT Held in Xiamen, China, Serbia, Brazil & Qatar as the Guest Countries

    Global merchants gather in Xiamen to meet the challenges of the times and share the development momentum. On the morning of September 8, the 23rd CIFIT and the 2023 International Investment Forum opened in Xiamen, a beautiful coastal city in China.

    The theme of this CIFIT is “Openness and Integration Lead High-quality Development”, which will focus on global development initiatives, highlight hot spots such as digital economy, green and low-carbon, and sustainable investment, aiming at spreading China’s voice, creating an international investment public platform serving global development, and promoting countries to expand mutual openness, deepen investment cooperation, share development opportunities and create a better future.

     

    A total of 102 countries and regions participated in the event this year. Among them, Serbia, Brazil and Qatar were invited as the guest countries, which was the largest number of guest countries. At the same time, 12 international organizations, including UNCTAD, UNIDO, Shanghai Cooperation Organization and Organization for Economic Cooperation and Development, participated in relevant activities of the conference, held forums, published reports or gave lectures, which was the largest number of international organizations in recent years.

     

    As one of the guest countries of this CIFIT, Brazil set up a 450 m2 pavilion, led by the Brazilian Ministry of Industry and Trade, the Brazilian Embassy in China and ApexBrasil, and organized six big States of Brazil, namely Rondô nia, Alagoas, Paraná, Tocantins, Nanma and Beidahe, to participate in the exhibition.

     

    Serbia has set up a 500 m2 pavilion to showcase their high-quality resources and development pattern, especially the latest development achievements in emerging technologies such as AI, as well as some unique technologies, high-tech and innovative achievements. It mainly introduces the 2027 World Expo, the investment map of the United Nations Sustainable Development Goals (SDG) in Serbia and other important projects.

     

     

    As an old friend of CIFIT, Qatar will highlight the advantages and competitiveness of its business ecosystem this year and show its innovation, expertise and cooperation potential. The establishment of the pavilion highlights the superior investment environment, including innovative achievements in agriculture, industry and high-tech industries. During the conference, Qatar will hold many matchmaking and negotiation meetings, and a Chinese version of Qatar Investment Guide has been carefully compiled for Chinese enterprises, introducing advantageous industries and incentive policies for foreign investors.

    The exhibition area of this CIFIT is 120,000 m2, which is divided into three areas: investment promotion hall, industrial innovation and development hall and project capital docking hall. There are more than 1,000 special exhibition areas, such as China exhibition area, China-Central Asian countries cooperation exhibition area, “Double Countries, Twin Parks” exhibition area and “Silk Road Shipping” exhibition area, as well as intelligent manufacturing and digital economy exhibition, new energy and green innovation exhibition, rural revitalization exhibition, sports fashion exhibition, international police and security legal science and technology exhibition area. Among them, there is a main forum, namely “Year of Investing in China” theme forum and Fujian special promotion meeting; Two parallel forums, namely China Investment Cross-border Investment High-quality Development Forum and Business Environment Forum, focusing on foreign investment and business environment construction; A high-end exchange activity “Kulangsu Forum” provided an interactive platform for investment by the international community and foreign-funded enterprises.

     

    It is reported that this year is the first year for CIFIT to resume its “annual operation”. This CIFIT is the first year for comprehensively implementing the spirit of the 20th Party Congress, and it is also an important stop for the Ministry of Commerce to launch a series of activities of “Year of Investing in China”.

  • The 23rd CIFIT Held in Xiamen, China, Serbia, Brazil and Qatar as the Guest Countries

    Global merchants gather in Xiamen to meet the challenges of the times and share the development momentum. On the morning of September 8, the 23rd CIFIT and the 2023 International Investment Forum opened in Xiamen, a beautiful coastal city in China.

    The theme of this CIFIT is “Openness and Integration Lead High-quality Development”, which will focus on global development initiatives, highlight hot spots such as digital economy, green and low-carbon, and sustainable investment, aiming at spreading China’s voice, creating an international investment public platform serving global development, and promoting countries to expand mutual openness, deepen investment cooperation, share development opportunities and create a better future.

     

    A total of 102 countries and regions participated in the event this year. Among them, Serbia, Brazil and Qatar were invited as the guest countries, which was the largest number of guest countries. At the same time, 12 international organizations, including UNCTAD, UNIDO, Shanghai Cooperation Organization and Organization for Economic Cooperation and Development, participated in relevant activities of the conference, held forums, published reports or gave lectures, which was the largest number of international organizations in recent years.

     

    As one of the guest countries of this CIFIT, Brazil set up a 450 m2 pavilion, led by the Brazilian Ministry of Industry and Trade, the Brazilian Embassy in China and ApexBrasil, and organized six big States of Brazil, namely Rondô nia, Alagoas, Paraná, Tocantins, Nanma and Beidahe, to participate in the exhibition.

     

    Serbia has set up a 500 m2 pavilion to showcase their high-quality resources and development pattern, especially the latest development achievements in emerging technologies such as AI, as well as some unique technologies, high-tech and innovative achievements. It mainly introduces the 2027 World Expo, the investment map of the United Nations Sustainable Development Goals (SDG) in Serbia and other important projects.

     

     

    As an old friend of CIFIT, Qatar will highlight the advantages and competitiveness of its business ecosystem this year and show its innovation, expertise and cooperation potential. The establishment of the pavilion highlights the superior investment environment, including innovative achievements in agriculture, industry and high-tech industries. During the conference, Qatar will hold many matchmaking and negotiation meetings, and a Chinese version of Qatar Investment Guide has been carefully compiled for Chinese enterprises, introducing advantageous industries and incentive policies for foreign investors.

    The exhibition area of this CIFIT is 120,000 m2, which is divided into three areas: investment promotion hall, industrial innovation and development hall and project capital docking hall. There are more than 1,000 special exhibition areas, such as China exhibition area, China-Central Asian countries cooperation exhibition area, “Double Countries, Twin Parks” exhibition area and “Silk Road Shipping” exhibition area, as well as intelligent manufacturing and digital economy exhibition, new energy and green innovation exhibition, rural revitalization exhibition, sports fashion exhibition, international police and security legal science and technology exhibition area. Among them, there is a main forum, namely “Year of Investing in China” theme forum and Fujian special promotion meeting; Two parallel forums, namely China Investment Cross-border Investment High-quality Development Forum and Business Environment Forum, focusing on foreign investment and business environment construction; A high-end exchange activity “Kulangsu Forum” provided an interactive platform for investment by the international community and foreign-funded enterprises.

     

    It is reported that this year is the first year for CIFIT to resume its “annual operation”. This CIFIT is the first year for comprehensively implementing the spirit of the 20th Party Congress, and it is also an important stop for the Ministry of Commerce to launch a series of activities of “Year of Investing in China”.

  • 2023 Global Travel Agents (Tianjin) Conference Successfully Held Shaping an International Image Display Window with Concerted Efforts of Governments and Enterprises

    On the morning of September 2, 2023, the Global Travel Agents (Tianjin) Conference was successfully held in the National Convention & Exhibition Centre (Tianjin). Zhang Ling, Vice Mayor of Tianjin Municipal People’s Government, officials of relevant departments and bureaus of the Ministry of Culture and Tourism and the National Immigration Administration, the United Nations World Tourism Organization, envoys of relevant countries in China and other guests attended the Conference and delivered speeches.

     

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    Global Travel Industry Leaders Gather on the Shore of Haihe River in Tianjin and Win Praise from All Sides

     

    As the organizer of the Conference, Sun Bo, Chief Marketing Officer and Executive Vice President of Trip.com Group, said in his speech that in recent years, Tianjin’s investment in culture, tourism and sports has continued to increase, and the quality of tourism services and facilities has also been improving. Along with the sustained recovery of global tourism market and the major turning point of the domestic inbound tourism market, Trip.com Group will join hands with all concerned parties to constantly promote Tianjin’s cultural tourism industry, China’s inbound tourism and the global tourism market to a new stage of high-quality recovery.

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    Photo: Sun Bo, Chief Marketing Officer of Trip.com Group, is delivering a speech

     

    Zhang Ling, Vice Mayor of Tianjin Municipal People’s Government (the host of the Conference), emphasized in her speech that through the successful holding of the Conference, the guests of leading enterprises in the global tourism industry would gather together to build a platform for Tianjin to connect the world and attract investment, to promote the coordinated development of cultural tourism, exhibition and conference, business and other industries, to integrate global cultural tourism resources, and to promote the high-quality development of tourism.

     

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    Photo: Zhang Ling, Vice Mayor of Tianjin Municipal People’s Government, is delivering a speech

     

    In his speech, Miao Muyang, Director of the Industrial Development Department of the Ministry of Culture and Tourism, said that with the attention and support of the Tianjin Municipal Committee and Municipal Government, the city made full use of its rich historical and natural cultural resources to promote the transformation and upgrading of the tourism industry and enrich its format. Next, the Department of Industrial Development of the Ministry of Culture and Tourism will continue to promote the iterative upgrading of tourism products and services, and work with relevant departments to effectively improve the level of inbound tourism facilitation, increase publicity and promotion and international cooperation, so as to welcome visitors from all over the world with better products and services and a more open and inclusive attitude.

     

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    Photo: Miao Muyang, Director General of the Industrial Development Department of the Ministry of Culture and Tourism, is delivering a speech

     

     

    Since August 30, 2023, people coming to China do not need to be tested for COVID-19 nucleic acid or antigen before entering the country. China’s inbound tourism market will also usher in new development opportunities. At the Conference, officials from the Foreigners Management Department of the National Immigration Administration, interpreted the regional entry visa-free, transit visa-free and port visa policies, and introduced the policies and measures to facilitate foreign tourists to come to China, which were warmly welcomed by Chinese and foreign travellers at the Conference.

     

    Photo: Mao Xu, Director of the Foreigners Management Department of the National Immigration Administration, is delivering a speech

                                                                                                           

    Moreover, foreign diplomatic envoys to China and heads of relevant national ministries and departments also gave positive comments on Tianjin’s efforts in disseminating Chinese culture, telling China’s stories and Tianjin’s stories well. In his speech, Anura Fernando, Consul General of Sri Lanka in Shanghai, expressed that Tianjin is a city that not only retains ancient memories, but also nurtures hope for the future. We hope to join hands with the port cities of Sri Lanka to create a new atmosphere of recovery.

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    Photo: Anura Fernando, the Consul General of Sri Lanka in Shanghai, is delivering a speech

     

    Zhu Shanzhong, Ambassador of the UNWTO, fully affirmed Tianjin’s acceleration of the building of an international consumer centre. He said that in recent years, Tianjin has promoted the overall expansion, quality improvement and increment of the industry through the linkage of “business, culture and tourism” resources. The holding of the Global Travel Agents (Tianjin) Conference would help build a broad platform for cooperation among tourism enterprises, expand Tianjin’s international visibility and show the world Chinese culture and Tianjin’s charm.

     

    Photo: UNWTO Ambassador Zhu Shanzhong is delivering a speech

     

    In recent years, Tianjin has actively built itself into an international consumer centre, created an international “design capital” and enhanced its international image, earning the recognition from the UNWTO. Sarah Wang, Regional Director for Asia at WTTC, said that Tianjin is a national historical and cultural city and an excellent tourist city in China. With both profound historical and cultural heritage and beautiful scenery of the Haihe River, the hospitality and humour of Tianjin people have become a welcome ticket, attracting tourists from home and abroad.

     

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    Photo: Sarah Wang, Regional Director for Asia at WTTC, is delivering a speech

     

    Experts Make Suggestions on the New Development of Tianjin Cultural Tourism to Promote “Tianjin’s Stories” to the World

     

    Dai Bin, President of China Tourism Academy and Director of Data Centre of the Ministry of Culture and Tourism, pointed out in his keynote speech entitled “Tourism Policies and Priorities in Recovery Stage” that with the quick recovery of tourism market on the demand side, tourism policies should focus on supply chain reconstructing and industrial ecosystem cultivation. At present, Tianjin attaches unprecedented importance to tourism and has made unprecedented determination to promote the integration and development of cultural tourism. It is expected that under the leadership of CPC Tianjin Municipal Committee and Tianjin Municipal People’s Government, with the promotion of Tianjin Municipal Bureau of Culture and Tourism and numerous tourism enterprises, Tianjin’s cultural and tourism industry will gather new momentum for industrial development and shape a new pattern of high-quality development under the background of new opportunities in the international tourism market.

    Photo: Dai Bin, President of China Tourism Academy, is delivering a keynote speech

     

    Zhang Lingyun, a professor from Beijing International Studies University, said in his keynote speech entitled “Cultivating International Consumer Cities, and Promoting the Development of Inbound Tourism” that international consumer cities should be in line with international standards in terms of development concept, brand building, image dissemination and tourist market. Benefiting from historical and cultural background to build an international consumer city, Tianjin will step up to a new level in building an international consumer city through diversified cooperation between governments and enterprises.

     

    Photo: Zhang Lingyun, a professor from Beijing International Studies University, is delivering a keynote speech

     

    Officials of the National Immigration Administration were specially invited to the Conference to interpret regional entry visa-free polices, transit visa-free policies, and port visa policies, and introduced specific measures to facilitate foreign tourists to come to China, which were warmly welcomed by Chinese and foreign travellers at the Conference.

     

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    Photo: He Feng, Director of the Visa and Travel Administration of the Foreigners Management Department of the National Immigration Administration, is making an introduction

     

    Xiong Xiaojie, Chairman and Chief Strategic Consultant of Times Cultural Tourism, summed up the “new stage, new concept and new mode of high-quality international development of Tianjin tourism industry”, and put forward two directions for high-quality development of Tianjin cultural tourism: “hustle and bustle”, namely, bringing the happy life to Tianjin people; “internationalization”, namely, creating cultural and artistic life experience and performing arts products, as well as combined Chinese and Western experience. Through top-level design and new planning, Tianjin people’s attitude and ways of enjoying life are presented.

     

     

    Photo: Xiong Xiaojie, Chairman of Times Cultural Tourism, is delivering a keynote speech

     

    In addition, more than ten industry experts at home and abroad launched a heated discussion on the two topics of “inbound tourism starting again, innovating and opening up the international market” and “promoting international tourism consumption and developing tourism with high quality”. The signing ceremony of Tianjin and its districts and counties with global cultural tourism enterprises was also held at the Conference.

     

    Photo: High-end Dialogues

     

    As an important partner of Tianjin Municipal Bureau of Culture and Tourism, Trip.com Group gives full play to the advantages of global cultural tourism supply chain and industrial ecosystem partner resources, and joins hands with renowned cultural tourism enterprises at home and abroad to sign contracts with Tianjin, invest in Tianjin and develop Tianjin. LOT Polish Airlines, Air Tahiti Nui, Kaytrip, Hiseas International Tourism Travel Group, Intriq Journey and other enterprises have signed strategic cooperation agreements with competent cultural and tourism departments of Tianjin and various districts and counties to promote the implementation of the strategy of “attracting tourists to Tianjin” and bring a steady stream of tourists to Tianjin.

     

    Since this year, under the scientific decision-making of Tianjin Municipal Committee and Tianjin Municipal Government, with the active promotion of Tianjin Municipal Bureau of Culture and Tourism, and with the joint efforts of cultural and tourism enterprises represented by Trip.com Group, Tianjin cultural and tourism market rebounded significantly. According to the statistics of Trip.com Group, from January to August this year, cultural tourism consumers in Tianjin increased by more than 45% compared with the same period in 2019, and the consumption amount rose by more than 42% compared with the same period in 2019. In addition, cultural tourism consumers and consumption amount in the three categories of hotels, cars and tickets with Tianjin as the destination increased by three digits compared with the same period in 2019.

  • Why 2023 CIFTIS is expected to inject new impetus into world economic development

    Despite a complex and severe external environment, China’s service trade has sustained rapid growth with resilience, emerging as a highlight of high-standard opening-up endeavors. The total value of China’s service trade climbed 12.9 percent year on year to nearly 6 trillion yuan (some $833.5 billion) in 2022, retaining the second spot globally for nine years in a row, said Chen Chunjiang, assistant minister of commerce.

    Chen was speaking at a press conference about the China International Fair for Trade in Services (CIFTIS) 2023, which is scheduled to take place in Beijing from September 2 to 6. Themed “openness leads development, cooperation creates a win-win future,” the fair covers an exhibition area of 155,000 square meters.

    “Efforts will be made to improve the functions of the CIFTIS, making it the world’s most influential fair for trade in services, injecting new impetus to the global economy,” said Chen.

    Platform with fresh appeal

    Having attracted more than 600,000 exhibitors from 196 countries and regions, the CIFTIS, launched in 2012, acts as an important platform for China to expand opening-up, deepen cooperation and guide innovation. Featuring numerous overseas participants and abundant offline activities, experts say this year’s CIFTIS plays a significant role in expanding international cooperation in service trade.

    As of August 20, a total of 51 countries and 24 international organizations had already confirmed their participation, according to Sima Hong, deputy mayor of Beijing. More than 500 companies that have featured in the Fortune Global 500 list and industry-leading enterprises are poised to showcase their accomplishments, and over 2,200 enterprises are gearing up to participate in offline exhibitions.

    The United Kingdom, the guest country of honor at the 2023 CIFTIS, will assemble its largest-ever delegation for the fair this year, according to the deputy mayor. The 2023 CIFTIS is expected to see over 200 varied events, including a global services trade summit, exhibitions, forums, business promotion conferences and supportive activities.

    Over 60 enterprises and institutions will launch an array of new products and technologies at the 2023 CIFTIS, spanning the fields of artificial intelligence, financial technology, medical and health care, and cultural creativity, injecting new vitality into the development of service trade, said Chen.

    Boost in global service trade 

    As China has deepened the opening-up of its services sector, it is expected that the scale of service trade will maintain growth throughout the year and its trade structure will continue to optimize, said Chen. China’s service trade has witnessed improved quality and competitiveness, with knowledge-intensive services representing 43.5 percent of the total service trade in the first half of this year.

    The digitalization of trade in services has been further accelerated. During the period, the country’s digitally delivered service trade increased by 12.3 percent year on year, 3.8 percentage points higher than the growth rate of total service trade, said Wang Dongtang, a senior official with the Ministry of Commerce. The ministry vows to create a sound digital business environment and increase exports of digital services.

    China’s travel service trade has rebounded rapidly, and the trade value grew by 65.4 percent year on year to reach 650.94 billion yuan in the first half, becoming the fastest-growing area in service trade, according to the ministry. Wang noted that Chinese tourists have created huge benefits for the development of international tourism and also boosted the growth of global trade and economic recovery.

    The ministry will promote the introduction of negative lists for cross-border trade in services, upgrade the building of national demonstration zones for the innovative development of trade in services and cultivate new forms and models of service trade in more areas, said Chen.  The CIFTIS is an annual flagship event in China, serving as a vital platform for China to build consensus on global cooperation and promote international exchanges, said Tom Simpson, managing director of China operations and chief China representative at the China-Britain Business Council.

    “CIFTIS is a valuable opportunity for businesses to engage with government stakeholders, for China to exhibit its own strengths and ambitions for the service sector, and for international service companies to announce deals with local partners,” Simpson noted.

    https://news.cgtn.com/news/2023-09-01/China-s-service-trade-fair-to-inject-impetus-into-global-trade-growth-1mKqKpNnB2U/index.html

  • The Essential Traits of an Effective Manager in Employee Engagement and Retention

    In the dynamic landscape of today’s business world, the role of a manager extends beyond merely overseeing tasks and deadlines. A manager serves as a linchpin connecting the workforce to the organization’s goals, culture, and overall success. When it comes to keeping employees motivated, engaged, and committed, certain key traits stand out as instrumental. In this article, we explore the best traits a manager can possess to create an environment that fosters employee satisfaction, growth, and retention.

     

    1. Effective Communication: Clear and open communication lies at the heart of successful employee engagement. Managers who excel in communication skills can convey expectations, provide feedback, and listen attentively to employees’ ideas and concerns. By creating a culture of transparent communication, managers not only ensure that employees are well-informed but also cultivate an atmosphere of trust and respect.

     

    2. Empathy and Emotional Intelligence: Understanding and valuing the emotions and perspectives of employees is crucial for building strong working relationships. Empathetic managers can connect with their team on a personal level, addressing individual needs and concerns. Emotional intelligence empowers managers to recognize and manage their own emotions while navigating the emotions of others, creating a harmonious and supportive work environment.

     

    3. Supportive Leadership: A manager who offers guidance, encouragement, and mentorship to employees is more likely to retain a motivated and productive team. Supporting professional growth and providing opportunities for skill development demonstrate a commitment to employees’ long-term success, fostering loyalty and dedication.

     

    4. Adaptability and Flexibility: In a rapidly changing business landscape, adaptability is key. Managers who can embrace change and guide their teams through transitions exhibit a level of resilience that is contagious. By promoting an attitude of flexibility, managers inspire their employees to be agile, open to new challenges, and ready to seize opportunities.

     

    5. Recognition and Appreciation: People thrive when their efforts are acknowledged and appreciated. Managers who consistently recognize and celebrate their employees’ achievements, both big and small, create a culture of positivity and motivation. This recognition not only boosts morale but also instills a sense of pride and ownership in the work being done.

     

    6. Delegation and Trust: Empowering employees by delegating tasks and entrusting them with responsibilities demonstrates a manager’s confidence in their abilities. Trusting employees to take ownership of their work not only enhances their sense of contribution but also fosters a collaborative environment where individuals feel valued for their unique skills.

     

    7. Conflict Resolution: Conflict is a natural part of any workplace, but effective managers can address conflicts constructively and seek resolutions that benefit all parties. By mediating conflicts and facilitating open conversations, managers prevent negativity from festering and maintain a harmonious work atmosphere.

     

    8. Growth Mindset: A manager with a growth mindset believes in the potential for development and improvement in themselves and their team. This perspective encourages a continuous pursuit of learning and innovation, motivating employees to embrace challenges and view setbacks as opportunities for growth.

     

    9. Transparency and Integrity: Managers who operate with transparency and integrity set a high standard for ethical behavior within the organization. When employees observe their manager’s honesty and fairness, they are more likely to feel engaged and committed to the organization’s mission.

     

    10. Work-Life Balance Advocacy: Acknowledging the importance of work-life balance and promoting healthy boundaries demonstrates a manager’s concern for employees’ overall well-being. Managers who prioritize work-life balance help prevent burnout and show that they value their team members as individuals, not just as workers.

     

    11. Problem-Solving Skills: The ability to identify challenges, develop effective solutions, and lead the team through obstacles is a hallmark of an exceptional manager. When employees witness their manager’s adept problem-solving skills, they gain confidence in their ability to overcome challenges as well.

     

    12. Vision and Goal Alignment: Managers who effectively communicate the organization’s vision and align team goals with that vision create a sense of purpose and direction. When employees understand how their efforts contribute to the larger picture, they are more likely to feel motivated and engaged in their work.

     

    In conclusion, the role of a manager goes beyond task management; it encompasses the art of inspiring, guiding, and nurturing a team for optimal performance and retention. Possessing traits such as effective communication, empathy, supportive leadership, adaptability, and recognition not only elevates a manager’s effectiveness but also enhances the overall work environment. When employees feel valued, understood, and empowered under their manager’s leadership, they are more likely to remain committed, engaged, and enthusiastic contributors to the organization’s success. By embodying these essential traits, managers become the cornerstone of employee satisfaction, growth, and retention in the modern workplace.

     

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  • “Memetoon” is a blockchain-based comic platform, making a striking appearance!

    On September 4, 2023, the MEME token will be listed on both the P2B Exchange and BitForex Exchange simultaneously, with plans to also list on Lbank in early September. To commemorate this event, MEMETOON is planning a special event and will be gifting NFTs to users as a token of appreciation.


    Through the soon-to-be-launched Staking module on the official MEMETOON website http://www.memetoon.io/, participants will receive NFTs based on the following rules:
    The participants who stake for 90 days (with a 2% interest rate) will receive a limited-edition membership (subscription) NFT.
    Additionally, those who stake for 200 days (with a 5% interest rate) will receive a VIP NFT.
    Furthermore, participants who stake for 365 days (with a 10% interest rate) will receive a prestigious VVIP NFT.

    Moreover, if participants stake over 300,000 MEME tokens for 365 days (with a 10% interest rate), they will receive all three types of NFTs. These NFTs are expected to have a value ranging from $100 to $300 and will be publicly available on Opensea.
    If you have a love for comics and an interest in the cryptocurrency industry, MEMETOON provides a great opportunity for you to participate in its ecosystem. The MEME token is expected to continue growing, and MEMETOON will strive to provide participants with high value and enjoyment.

    Please note that in the event of NFTs being sold out early, the distribution may be discontinued even if participants have joined the event. Additionally, each individual and wallet can receive a maximum of five NFTs as part of the event.