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Case study collection unveils Gansu’s development in past decade

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BEIJING, Dec. 16, 2022 /PRNewswire/ — A news report by China.org.cn: A collection of case studies highlighting best poverty alleviation and rural development practices that have been implemented in Gansu province over the past 10 years known as “Building a Better Life in China: Gansu Practice” was unveiled.

On Dec. 15, a collection of case studies highlighting best poverty alleviation and rural development practices that have been implemented in Gansu province over the past 10 years known as “Building a Better Life in China: Gansu Practice” was unveiled at the online South-South Cooperation Dialogue on Rural Youth Development Invigorated by E-commerce event.

Located in western China and home to the upper reaches of the Yellow River, the administrative area had a poverty rate of 26.5 percent, or 6.92 million people, in 2012.

“Once one of the most impoverished areas in China, Gansu province achieved the dream of eliminating poverty on schedule through arduous efforts,” Carlos Watson, FAO representative to the People’s Republic of China, remarked. “Its experience demonstrates that strong government leadership, innovative approaches and technologies, and development models involving undertakings such as dryland farming and e-commerce have the ability to effectively promote and facilitate poverty reduction and rural vitalization and are enlightening for other developing countries.”

Capturing aspects of China’s development in the new era, the 10 sustainable development solutions contained in the book vividly depict methods Gansu has used to reduce extreme poverty and improve living standards in its borders for readers around the world and cover areas such as specialty foods, water resources, ecological restoration, rural education, cultural preservation, intangible cultural heritage and development of characteristic industries.

WFP has been participating in, contributing to, and witnessing the agricultural and rural development and poverty reduction that have been occurring in China, noted Dr. Qu Sixi, representative and country director of WFP China. “We are willing to strengthen cooperation with Gansu province, explore innovative methods of achieving sustainable agricultural development and general rural development with it, and share successful experiences achieved and applicable practices employed in Gansu and other parts of China with other developing countries in order to help them improve food security and nutrition.”

Chinese and English versions of the case studies were compiled by the Information Office of the Gansu Provincial People’s Government and the Global Center on Development Knowledge Sharing – a thinktank that was co-established by China Internet Information Center (CIIC) and the Academy of Contemporary China and World Studies (ACCWS) and operates under the supervision of their parent company, China International Communications Group (CICG).

“All the people living in rural parts of Gansu who were impoverished have escaped from poverty,” explained Zhang Binqiang, head of the Information Office of Gansu Provincial People’s Government. “The problem of absolute poverty, which has plagued us for hundreds of years, has come to a historic resolution. I believe that our experience in the building of a moderately prosperous society in all respects can serve as useful wisdom and reference for the international cause of poverty reduction on top of the profound impact that has been made in China.”

The South-South Cooperation Dialogue on Rural Youth Development Invigorated by E-commerce was co-organized by the World Food Programme Centre of Excellence in China (WFP China COE) in collaboration with AliResearch with support from the Ministry of Agriculture and Rural Affairs of the People’s Republic of China (MARA). The event was designed to facilitate sharing of developing countries’ experiences with e-commerce and corresponding good practices and provide a platform for young entrepreneurs to discuss and explore this important topic and exchange useful information.

Case study collection unveils Gansu’s development in past decade
http://p.china.org.cn/2022-12/15/content_85014067.htm

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CGTN: Infrastructure, vaccines and space: China-Arab sci-tech cooperation

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BEIJING, Dec. 12, 2022 /PRNewswire/ — Under the Belt and Road Initiative (BRI), China-Arab cooperation in the fields of infrastructure, space and health has been continuously developed in a sustainable manner.

China has vowed to accelerate the development of the China-Arab inter-governmental science and technology innovation cooperation mechanism.

The country will implement more partner projects, and continue to improve the sci-tech capabilities of Arab states.

Lusail Stadium: first China-built World Cup venue

Lusail Stadium, the main venue for this year’s World Cup, was constructed with China Railway Construction Corporation as the main contractor.

Shaped like a date palm bowl or an enamel lantern, the stadium will host the World Cup final, scheduled for December 18.

It is the first time a Chinese company has built a World Cup venue, which is featured on the new 10-riyal banknote of Qatar.

“The Lusail Stadium is by far the world’s largest, most advanced and most complex professional football stadium built to FIFA standards,” Li Chongyang, head of the Chinese side of the engineering team, told the China Media Group (CMG).

Lusail Stadium, which can host 80,000 spectators, shows Chinese enterprises’ technical capabilities and service levels, Hassan Al Thawadi, secretary general of the Supreme Committee for Delivery and Legacy for 2022 FIFA World Cup, told CGTN.

China-UAE joint vaccines projects

The United Arab Emirates (UAE) helped China with the clinical trial of its COVID-19 vaccine and later established localized production lines.

In 2020, the UAE approved registration of an inactivated vaccine developed by China’s Sinopharm.

“The UAE was the first country to approach a Chinese vaccine,” Ali Obaid Al Dhaheri, the UAE ambassador to China, told CGTN. “The production facility can produce 200 million doses per year. The vaccine is not for the UAE, not for China, but for the rest of the world.”

Space cooperation

China is pushing forward space cooperation with countries participating in the BRI.

China and Saudi Arabia signed a memorandum of understanding on March 16, 2017, sharing the scientific data in space cooperation.

The two then jointly unveiled three lunar images acquired through cooperation on the relay satellite mission for Chang’e-4 lunar probe, according to the China National Space Administration.

In 2018, the China-Arab States BDS/GNSS Center, the first overseas center for China’s indigenous Beidou Navigation Satellite System (BDS), was inaugurated in Tunisia. BDS-related cooperation expanded to more Arab states in 2021 as they agreed to implement more pilot projects.

In addition, Kuwait’s national satellite team looks forward to cooperating with China.

Link: https://news.cgtn.com/news/2022-12-10/Infrastructure-vaccines-and-space-China-Arab-sci-tech-cooperation-1fDKJNs4QuI/index.html

PR Newswire

Infobird Co., Ltd Announces Receipt of Delinquency Notification Letter from Nasdaq

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BEIJING, Dec. 9, 2022 /PRNewswire/ — Infobird Co., Ltd (NASDAQ: IFBD) (“Infobird” or the “Company”), ), a leading and long-standing SaaS providers in serving large enterprises in the finance industry in customer engagement with over 10 years of experience in China, today announced that it received a delinquency notification letter (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on December 6, 2022 indicating that the Company is not currently in compliance with the minimum bid price requirement set forth in Nasdaq’s Listing Rules for continued listing on the Nasdaq Capital Market, as the closing bid price for the Company’s ordinary shares listed on the Nasdaq Capital Market was below $1.00 per share for 30 consecutive business days. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice provides that the Company has a period of 180 calendar days from the date of the Notice, or until June 5, 2023, to regain compliance with the minimum bid price requirement.

The Notice has no immediate effect on the listing of the Company’s securities. Pursuant to the Notice, the Company has until June 5, 2023 to regain compliance with the minimum bid price requirement, during which time the Company’s ordinary shares will continue to trade on the Nasdaq Capital Market. If at any time before June 5, 2023, the bid price of the Company’s ordinary shares closes at or above $1.00 per share for a minimum of 10 consecutive business days, Nasdaq will provide written confirmation of compliance to the Company. In the event that the Company does not regain compliance by June 5, 2023, the Company may be eligible for additional time to regain compliance or may face delisting.

The Company intends to monitor the closing bid price of its ordinary shares and will continue to consider its available options to address the deficiency during the compliance period.

About Infobird Co., Ltd

Infobird Co., Ltd. (Nasdaq: IFBD), is a software-as-a-service, or SaaS, provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions in China. Leveraging self-developed cloud-native architecture, AI and machine learning capabilities, patented Voice over Internet Protocol, or VoIP, application technologies, no-code development platform, and in-depth industry expertise, it primarily provides holistic software solutions to help its corporate clients proactively deliver and manage end-to-end customer engagement activities at all stages of the sales process including pre-sales and sales activities and post-sales customer support. It also offers AI-powered cloud-based sales force management software including intelligent quality inspection and intelligent training software to help our clients monitor, benchmark and improve the performances of agents. For more information, please visit http://www.infobird.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations; and the Company’s expectations regarding demand for and market acceptance of its products and services. Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable laws.

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PR Newswire

From Cuju to World Cup: One football dream

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BEIJING, Dec. 2, 2022 /PRNewswire/ — A news report from China.org.cn on the World Cup and China’s football development:

The quadrennial FIFA World Cup is in full swing in Qatar. A few days into the event, audiences worldwide have already witnessed some big upsets. But upsets are nothing new to us, since uncertainties have always been one of the charms of football — nothing is impossible as long as one tries hard.

In this World Cup, Team China didn’t qualify. But on the opening match, three Chinese teenagers served as the FIFA flag bearers. The 3 young football players are currently training outside China, and like they said, standing on the pitch of the World Cup has made them even more determined to fight for Team China in this phenomenal event one day.

Bet you didn’t know that China is the cradle of ancient football. In “Zhanguoce”, a collection of anecdotal histories from the Warring States period (475-221 BC), there was a description of the ancient city Linzi in today’s Shandong province, saying it’s “rich and abundant, and that only few of its people couldn’t taju.” Taju, also known as Cuju, is the archaic term for “football”. Cuju was trendy for over a thousand years in ancient China; however, in Qing Dynasty (1636-1911), the sport lost its popularity. After modern football was introduced to China, the country established its national football team, founded the Chinese Football Association, joined FIFA, and competed in numerous international football matches. While the Chinese women’s national football team has maintained a stellar CV, including a runner-up at the FIFA Women’s World Cup, the men’s national football team has failed to qualify for five FIFA World Cups. Competing in the World Cup has been a longstanding wish of all avid football fans in China, and despite the challenges, the Chinese people have remained passionate and hopeful for the future of China’s football.

In 2015, the Overall Plan for Chinese Football Reform and Development was issued, providing a macro roadmap for the sport’s development. Besides the focus on professional players in the national teams and football clubs, cultivating a community vibe for football also became an important task. Currently, over 30,000 schools in China are qualified as characterised campus-football schools; by 2025, this number is estimated to reach 50,000. In July, 2022, the first China Youth Football League opened, where young football players from professional football schools and normal schools compete on the same pitch. It means teenagers no longer have to choose between school work and football — they can do both. Apart from schools, quite a lot of companies and other organizations in China have also established their own amateur football teams, so that people could play football for recreation. What’s more, football pitches are no longer rare in China: In residential complexes in Beijing, in the countryside of Guangxi, and along the snowy mountains of Tibet, green pitches and football fanatics running back and forth are everywhere to be seen. The increasing number of football fields has guaranteed the development of the game. With this atmosphere, one has reason to believe the spectacle where “only few couldn’t play football” will reappear before long.

In matches, people represent their own nations. But their love for football and displays of sportsmanship unite all peoples. Hope China truly enjoy the football and develop football along with other parts of the world.

China Mosaic

http://www.china.org.cn/video/node_7230027.htm

From Cuju to World Cup: One football dream

http://www.china.org.cn/video/2022-12/02/content_78548750.htm

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Meeting of Global Alliance of Leaders in Paris

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NUR-SULTAN, Kazakhstan, Dec. 2, 2022 /PRNewswire/ — On November 29, 2022, meeting of Global Alliance of Leaders for Nuclear Security and Nuclear-Weapon-Free World (GAL), which unites political leaders, diplomats, experts, Nobel peace prize laureates, heads of international NGOs from 45 countries, was held at Dialogue of Continents forum in Paris.

Meeting of Global Alliance of Leaders in Paris
Meeting of Global Alliance of Leaders in Paris

The participants discussed challenges over the war in Ukraine during session “How to avoid nuclear war?”.

In her speech, Angela Kane, former UN Deputy Secretary-General, stressed that nuclear escalation became possible scenario in current geopolitical crisis.

“There are currently two risks. First is destruction of Zaporizhzhia nuclear power plant resulting in a nuclear catastrophe. Second scenario is possibility of using nuclear weapons. This conflict upended all progress that remained for past 60 years in arms control field,” – stressed the expert.

In turn, Urban Rusnak, former Secretary-General of Energy Charter, Ambassador, Ministry of Foreign Affairs, Slovak Republic, noted that in light of recent international events, steps taken by Kazakhstan on voluntary denuclearization are of particular value.

“Situation in Ukraine, which, like Kazakhstan, had nuclear potential and went through denuclearization, is of particular concern. Until recently, it was difficult to imagine that nuclear infrastructure facilities could become targets for attacks,” – stressed the speaker.

Ariel Cohen, Senior Fellow, Atlantic Council, Director of Energy and Security Program (ITIC), focused audience’s attention on consequences of incidents involving nuclear reactors in a warzone. 

“If Zaporizhzhia nuclear reactor security is compromised, that will raise catastrophic consequences not just for Ukraine, but for nuclear security in general. International mechanism to ensure security of nuclear power reactors is broken,” – summed up the expert.

Summing up the session, Kairat Abuseitov, a well-known Kazakhstani diplomat, from Nursultan Nazarbayev Foundation, noted that Kazakhstan has a unique example of voluntary denuclearization.

“The country possessed world’s fourth largest nuclear arsenal (in 1991). Kazakshtan had the right to be nuclear-weapon-state. But chose a different path,” – concluded the speaker.

In conclusion, participants agreed that lack of political will to resolve issues of nuclear non-proliferation is fraught with further escalation, and importance of dialogue platforms which could restore lost mutual trust between nuclear states is important as never before.  

GAL meeting was held during an official visit of the President of the Republic of Kazakhstan Kassym-Zhomart Tokayev to France. Kazakhstan, which produces 42% of world’s uranium, actively develop cooperation with France and EU in the field of peaceful atom and nuclear nonproliferation.

PR Newswire

CGTN: China, Mongolia inject impetus into ties through three engines

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BEIJING, Nov. 29, 2022 /PRNewswire/ — Mongolian President Ukhnaagiin Khurelsuh is paying a state visit to China just two days after the Zuunbayan-Khangi railway, the third railway to connect Mongolia with China, started operations on November 25.

Apart from boosting connectivity, the two neighbors joined hands to fight the COVID-19 epidemic by gifting one another with sheep and tea as well as deepened cooperation and exchanges in various fields.

The two countries have set a good example for state-to-state relations, Chinese President Xi Jinping noted on Monday during his meeting with President Khurelsuh.

In the face of the rising instability and uncertainty in the international environment, China is willing to work with the Mongolian side to build a community with a shared future and promote the bilateral comprehensive strategic partnership so as to better benefit the people of both countries, Xi vowed.

Three engines

Xi urged the two sides to deepen the three alignments between the Belt and Road Initiative and Mongolia’s Prairie Road development strategy, the Global Development Initiative and Mongolia’s New Revival Policy, and China’s “two-stage” strategic plan and Mongolia’s long-term development policy, so as to create three engines for further development of bilateral relations.

In 2013, Xi proposed the Belt and Road Initiative to improve regional connectivity and economic integration. The Prairie Road development strategy, an economic plan introduced by Mongolia, aims to boost trade with neighboring markets.

Mongolia’s New Revival Policy covers comprehensive reforms in the areas of port, energy, industry and green development, among others. While Xi on Monday voiced China’s willingness to deepen bilateral cooperation in areas such as economics and trade, energy and mining, connectivity, information technology and deep processing of livestock products.

Xi said China supports Mongolia’s “Planting One Billion Trees” plan and is willing to explore the possibility with the Mongolian side of setting up a Sino-Mongolian cooperation center for desertification control.

The Chinese president also called for promoting the construction of the China-Mongolia-Russia Economic Corridor and the project of laying the China–Russia gas pipeline traversing Mongolia.

The first China–Europe freight train from Jinzhou Port in northeast China’s Liaoning Province to Helsinki, Finland, via Choibalsan City in Mongolia, was launched in August this year, which is in line with the construction of the China-Mongolia-Russia Economic Corridor.

Exceeding $10 billion

As China is pursuing national rejuvenation by following the Chinese path to modernization, Xi told Khurelsuh that China will not only achieve own prosperity and development but will also deliver more development dividends to its neighbors and the world.

China has been Mongolia’s top investment source and trade partner for 18 consecutive years. Last year, the trade volume exceed $10 billion for the first time.

Total trade between China and Mongolia accounts for more than 60 percent of Mongolia’s foreign trade volume, according to data from the Inner Mongolia Academy of Social Sciences.

Customs data also showed that bilateral trade hit $9.68 billion in the first 10 months of this year. 

Join efforts for world peace, development

The two leaders agreed on Monday to make joint efforts for world peace and development.

The Chinese president urged the two sides to team up to foster a new type of international relations and contribute to the building of a community with shared future for mankind.

China and Mongolia are both developing countries in the Asia-Pacific region and have extensive common interests in international and regional affairs, Xi pointed out, adding China is willing to coordinate closely with the Mongolian side to jointly defend genuine multilateralism, resist bloc rivalry and maintain international solidarity and cooperation.

Stressing that the current international and regional situation is undergoing a profound and complex evolution, Khurelsuh believes the two sides should promote Asian values and work together to maintain peace, stability and development in Asia.

The Mongolian side highly values China’s positive contribution to the maintenance of world peace, stability and development as well as the international system with the United Nations at its core, and is willing to strengthen communication and cooperation with China in international affairs and contribute to the maintenance of regional peace and development.

He added Mongolia backs the China-proposed Global Development Initiative and Global Security Initiative.

https://news.cgtn.com/news/2022-11-28/Xi-holds-talks-with-Mongolian-president-1fktm7RlgJi/index.html 

PR Newswire

Chinese expert: New methodology lays groundwork for high-quality think tank development

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BEIJING, Nov. 25, 2022 /PRNewswire/ — A news report by China.org.cn on a new approach to think tank research known as double helix methodology.

This fall, “Bulletin of Chinese Academy of Sciences” (BCAS, in Chinese) journal discussed the status of Chinese think tanks and a new approach to think tank research known as double helix methodology in an exclusive interview with Professor Pan Jiaofeng, president of the Institutes of Science and Development, Chinese Academy of Sciences (CASISD).

“The establishment of new think tanks with Chinese characteristics does not have a long history,” Pan noted. “We have needed to push forward with methodology innovation in order to promote the evolution from specialization to scientification with regard to their development trajectory.”

Think tanks have been emerging rapidly in China in the last decade and have been entering a new stage of growth in recent years. The number of specialized think tanks in China currently ranks among the top in the world, and its pool of full-time researchers and specialized research teams continues to expand.

“There is urgent demand for think tanks to serve as bridges, links, and networks that help foresee global development trends, address major challenges faced by all of humanity, and build a community with a shared future for mankind,” Pan commented after observing that the world is undergoing profound changes unseen in a century.

“Many think tanks have been facing major urgent challenges, however, mostly due to a lack of understanding of the essence of think tank research and an absence of a system of theory,” he stated. “Valuing research techniques designed to help solve specific problems and enhance scientificity, more and more well-known think tanks in the world have developed a variety of innovative quantitative and qualitative methods.”

“Think tanks are more highly valued, have been playing an increasingly important role in Chinese society, and have entered a new stage of high-quality development [in recent years],” Pan continued.

The CASISD president mentioned that the new approaches that have emerged in recent years, such as the double helix methodology that he and his team first proposed in 2020, have made it possible “to unravel think tank problems and for think tanks to better engage in scientification and advance towards disciplinization amidst the formation of think tank science and engineering.”

Like a strand of DNA, the double helix methodological system put forth by Pan’s team features two main interconnected components –an integrated model concerned with data, information, intelligence, and solutions (DIIS) and one covering mechanisms, impact, policy and solutions (MIPS). The model includes an internal process consisting of the interaction between DIIS and MIPS and an external process comprising decomposition, fusion and restoration.

“Interdisciplinarity, interconnectedness, innovation, uncertainty, policy practicability, and social impact are six key aspects of the evolution of think tanks and their research,” he emphasized. “They are typical convergence problems and are related to our original reasons for developing double helix methodology.”

The trailblazer stated that he and his team have participated in pilot construction of high-end Chinese think tanks that utilize double helix methodology and that they formulated more-in-depth problem-, evidence-, and science-oriented DIIS methodology in order to address think tank problems after summarizing the experience that was gained and abstracting essential standardized research processes.

Published in 2021, the English version of Pan’s book “DIIS Theory and Methodology in Think Tanks” elaborates on the DIIS aspect of the framework, explaining that it aims to improve the scientificity, efficacy, and reliability of think tank research results, facilitate systematic theoretical analysis, and promote think tank development.

“To put it simply, consisting of a four-part research paradigm that can be used by think tanks comprised of an external process, an internal process, 10 key issues, and methods and tools for addressing them, double helix methodology starts with the study of a problem and ends with solutions,” he summarized. “Such a complete methodology makes it possible to integrate scientificity into the orientation, philosophy, process, and logic of think tank research.”

“The 10 key issues are decomposition of the think tank problem, the scenario analysis driven by think tank problem, the uncertainty analysis of think tank problem research, the policy simulation analysis of think tank problem research, the circulative iteration of think tank research, the coupling relationship between DIIS and MIPS, the expert organization and management of think tank research, the human-machine combination think tank research support system, the combination of objective analysis and subjective judgment, and the think tank product quality management,” Pan added.

“Constituting a complete knowledge system integrating knowledge and action and social and natural sciences and advancing with the times, the mature research tools and methods that we have developed have endowed CASISD with unique competitive advantages,” he elaborated. “The tools and methods will enable think tanks to help modernize the national governance system and enhance governance capacity and will become an indispensable force serving the progress of human civilization. Looking forward, think tank science and engineering should pursue and refine appropriate tools and research methods and theory and ideology and adapt to various application scenarios and research areas.”

Pan concluded: “We have paid special attention to social phenomena associated with issues in the real world in order to achieve the integration of theory and practice when conducting research. We should also strengthen international cooperation and exchange with regard to think tank research so as to jointly put forward solutions that promote the development of the world, overall prosperity, and the progress of civilization.”

Chinese expert: New methodology lays groundwork for high-quality think tank development

http://belt.china.org.cn/2022-11/25/content_78536853.htm

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ZOLOZ ranked among Top 100 RiskTech Providers in the 2023 Chartis RiskTech100® Annual Report

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SINGAPORE, Nov. 24, 2022 /PRNewswire/ — ZOLOZ, a global leading technology service provider of AI-powered Digital Identity Verification Solution, has been recognized by Chartis Research as one of the top 100 RiskTech providers in the world. 

RiskTech100® is acknowledged as the most comprehensive independent study of the world’s major players in risk and compliance technology. Rankings are based on classifications including functionality, core technology, strategy, customer satisfaction, market presence and innovation, and focus on solutions, industry segments and success factors.

“Zoloz is a strong new entrant to the RiskTech100 this year, on the back of a complete KYC solution and APAC geographic focus,” said Phil Mackenzie, Research Principal at Chartis. “Part of the strength of its solution is based on the effective use of technologies such as explainable AI and penetration attack detection, which will help to secure its place in the market.”

“With our innovative technologies and deep industry insights, ZOLOZ helped more than 70 partners in more than 14 countries and regions including China, Indonesia, Malaysia, and the Philippines in their digital transformation journeys, providing security, assurance and trusted solutions,” said Yuan Yuan (Ida), Business Director of ZOLOZ.

Major e-wallet operators and financial institutions including GCash in the Philippines, TnGD and Maybank in Malaysia, Dana in Indonesia, TrueMoney in Thailand, and Mandiri Bank in Indonesia, use ZOLOZ’s e-KYC (electronic Know-Your-Customer) solutions. The adoption of ZOLOZ’s e-KYC solutions helps clients reduce end user authentication time from days to around three minutes, while improving the authentication success rate from 65% to above 90%.

To read the entire report, click here.

About ZOLOZ

ZOLOZ is a global leading technology service provider of AI-powered Digital Identity Verification Solution. ZOLOZ is committed to supporting clients to make trust simple throughout the full circle of serving end users, from remote account opening to on-going transaction protection. ZOLOZ’s world leading digital identity products, powered by proprietary anti-spoofing algorithms, have been widely used by financial institutions to meet compliance requirements including KYC and AML, as well as detect transactional anomalies and precent fraud. ZOLOZ is in compliance with key industry standards, including PCI-DSS, ISO27001, and ISO27701.In 2022, ZOLOZ completed the Service Organization Control (SOC) 2 Type II audit process, in accordance with attestation standards established by the American Institute of Certified Public Accountants (AICPA).

To learn more, please visit: https://www.zoloz.com/

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China Matters releases a short video “11 Reasons Why I’ve Fallen in Love with Beijing” to tell an American vlogger’s view

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BEIJING, Nov. 23, 2022 /PRNewswire/ — From rich culture and history to convenient and enriched lifestyle, Beijing is an attractive place in the view of BeeRose who is from the U.S. and has been living in China for three years. In this video, she shares 11 reasons that make her love staying in Beijing.

Beijing is one of the four great ancient capitals of China with a history of over 3000 years. The Beijing government has also been making great efforts to preserve historical landmarks and cultural heritage which provide visitors with a flavour of its unique culture.

In this video, BeeRose is also impressed by Beijing’s rapid technological advances and convenient modern lifestyle. From tiny street vendors to big brands, a huge number of businesses in Beijing accept mobile payments.

“You have a little bar code that comes up. You scan it. Or you scan someone else’s bar code and you pay for it. Done! So easy! So simple! So cool!” said BeeRose.

Beijing is also a global city with food and goods from across the world, which makes BeeRose feel at home. Moreover, she also met her love of life in Beijing and formed a family.

“I was looking for my one in a million in the United States but actually, I found my one in a billion in China,” said BeeRose.

Contact: Jane Cheng
Tel：+8610-68996566
E-mail：1163514639@qq.com

Video – https://youtu.be/ElkYDSjhqFo

PR Newswire

Omdia: Semiconductor market declines into uncharted (seasonal) territory

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LONDON, Nov. 22, 2022 /PRNewswire/ — The semiconductor market has had an exceptional run of sequential revenue growth during the COVID-pandemic period that began in early 2020 according to Omdia’s Semiconductor Competitive Landscape Tool (CLT). A record eight-straight quarters of revenue growth occurred during this time. Now the market has begun to shrink for the last two quarters. 3Q22 semiconductor revenue was $147B, down 7% from the previous quarter of $158B.

Revenue quarterly percentage change Q2 to Q3
Revenue quarterly percentage change Q2 to Q3

“The decline in the market has not been uniform,” said Senior Research Analyst, Cliff Leimbach. “Different parts of the market are driving the weakness at different times. 2Q22’s decline was driven by a weakened PC market, with Intel declining 17%. The most recent decline is due to weakness in the memory market. Memory revenue is down 27% quarter on quarter (QoQ) as data center, PC, and mobile demand declined in combination with inventory adjustments from customers.”  

Following a record run, the semiconductor market has cooled down and consumer confidence has waned resulting in a historic drop for a third quarter. Semiconductor sales increased in anticipation of consumer demand increasing in the second half of the year. From 2002 through 2021, the long-term average quarterly growth was 8%.

The three memory-focused companies (Samsung Electronics, SK Hynix, and Micron Technology) all dropped one position. While the major memory suppliers accounted for a drop of over $10bn in semiconductor revenue for 3Q22, they weren’t the only companies to struggle. AMD revenues declined as they experienced a slow-down in demand for PCs and inventory reductions, the same market conditions that Intel felt the previous quarter.

ABOUT OMDIA

Omdia, part of Informa Tech, is a technology research and advisory group. Our deep knowledge of tech markets combined with our actionable insights empower organizations to make smart growth decisions.
Fasiha Khan / T: +44 7503 666806 / E: Fasiha.khan@informa.com / W: www.omdia.com

Total semiconductor QoQ growth
Total semiconductor QoQ growth
2Q22 Rank of Top 10 Semiconductor Companies
2Q22 Rank of Top 10 Semiconductor Companies