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PR Newswire

Health and social care to gain the most from 5G productivity and efficiency gains, which will add US$1.3trillion to global GDP by 2030

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New analysis of 5G – the next generation of mobile connectivity – estimates the impact of new and existing applications.

Over half the global economic impact (US$530bn) will be driven by the transformation of health and social care within the next ten years; a quarter by smart utilities driving savings in energy, water and waste management.

Large manufacturing-based economies are likely to gain the most, including the United States (USA), China and Japan, but gains are projected globally as 5G integrates as a critical part of societal infrastructure.

Transparency is critical to building trust with consumers and regulators 5G’s application.

LONDON, Feb. 8, 2021 — Productivity and efficiency gains enabled by 5G’s application will drive business, skills and service change worth US$1.3 trillion to global GDP by 2030.

In Powering Your Tomorrow, PwC quantifies for the first time, the economic impact of new and existing uses of 5G in utilities, health and social care, consumer, media, and financial services across eight economies with advanced rollout: Australia, China, Germany, India, Japan, South Korea, USA and the United Kingdom (UK).

More than a faster version of mobile connectivity on 4G, 5G’s speed, reliability, reduced energy usage and massive connectivity will be transformative for businesses and wider society, enabling ubiquitous access to super fast broadband. Used in combination with investments in artificial intelligence (AI) and the internet of things (IoT), 5G can be used as a platform to enable business and society to realise the full benefits of emerging technology advances.

Economic gains are projected across all economies assessed in the study, as 5G offers the potential to rethink business models, skills, products and services, with the gains accelerating beginning in 2025 as 5G-enabled applications become more widespread

Based on the study, the USA (US$484bn), China (US$220bn) and Japan (US$76bn) will experience the largest uplift as a result of 5G technology applications, due to the size of their economies and strong modern industrial production sectors.

At a regional level Europe, Middle East & Africa (EMEA) is expected to benefit the most from manufacturing applications of 5G, due to the size of the manufacturing sectors. It demonstrates the potential for regional competitive advantage through approaches to the adoption and regulation of the technology.

Wilson Chow, Global Technology, Media and Telecommunications Industry Leader, PwC China, comments:
"These numbers quantify impact, but perhaps more important, our study reflects the value of 5G – new levels of connectivity and collaboration mean companies will be able to see, do and achieve more. It will open up new opportunities for growth and change as organisations rethink and reconfigure the way they operate in the post-pandemic world.

"With the pandemic accelerating digitalisation across all sectors, 5G will act as a further catalyst. It will emerge in this decade as a fundamental piece of our societal infrastructure and as a platform for driving the competitiveness of national economies, new business models, skills and industries."

Achieving better, faster outcomes in health and social care

Over half the global economic impact (US$530bn) will be driven by the transformation of health and social care experience for patients, providers and medical staff within the next ten years.

While the acceleration of telemedicine during the COVID-19 pandemic provided a glimpse of the future of healthcare, remote care is just one area in which 5G can enable both better health outcomes and cost savings.

5G’s applications include remote monitoring and consultations, real time in-hospital data sharing, improved doctor-patient communications and automation in hospitals to reduce health care costs.

Regional & Sector impacts

At a sector level, impacts vary for individual economies. The USA and Australia are projected to gain the most from financial services applications: India from smart utilities; China and Germany in manufacturing.  Other industries analysed in the study show the significant potential of new and existing applications over the next decade, driving changes in skills, jobs, consumer products and regulation:

  • SMART utilities management applications will support environmental targets to reduce carbon and waste through enabling combined smart meters and grids to deliver energy savings, and improving waste and water management through tracking of waste and water leakage (US$330bn).
  • Consumer and media applications include: over the top (OTT) gaming, real time advertising and customer services (US$254bn)
  • Manufacturing and heavy industry applications include: monitoring and reducing defects, increased autonomous vehicle use (US$134bn)
  • Financial services applications including reducing fraud and improving customer experiences (US$86bn)

Wilson Chow comments:
"5G is more than mobile connectivity. It puts a new lens on advancing productivity and rethinking entire business models for the future. Given the scale of potential and its impacts, every organisation will need a plan for 5G’s implementation within five years across technology and business strategies to maximise opportunities and prepare for how they integrate their technology and business strategies, and engage with customers, supply chain and regulators."

Policy & Trust
The study highlights that the reach of 5G’s technology potential will require businesses and government to consider new approaches to regulatory and consumer engagement – focusing on how the technology is used.

Wilson Chow comments:
"With any technology, policy engagement, transparency and public trust are critical factors. Whether it’s considering the use of self driving vehicles or telemedicine, how data is managed, infrastructure deployed, or how different sectors collaborate, business and government need to shit from focusing on regulating a technology, to promoting transparency in 5G’s application, building and sustaining public trust in its use and potential."

Download the report here

About the report

PwC drew on expert insight and using economic modeling, to examine the impact of 5G’s use across five industries. The projections in this study represent the net economic impact of 5G technology, taking into account displacement effects such as some economic activities becoming obsolete and focusing on economic value added across value chains and throughout the economy, rather than only the revenues of 5G telecoms businesses. Further details on the methodology can be found here.

About PwC

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 157 countries with over 276,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.

PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.

© 2021 PwC. All rights reserved.

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PR Newswire

Pope and Grand Imam of Al-Azhar congratulate 2021 honorees of Zayed Award for Human Fraternity

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Virtual ceremony held on International Day of Human Fraternity streamed for worldwide viewers as UN Secretary-General Guterres and Latifa Ibn Ziaten receive awards

ABU DHABI, UAE, Feb. 4, 2021 — The Zayed Award for Human Fraternity held its annual award ceremony today with messages of congratulations conveyed to the 2021 honorees by His Holiness Pope Francis and His Eminence the Grand Imam of Al-Azhar, Dr Ahmed Al-Tayeb – the 2019 honorees.

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Recognized for their respective efforts to advocate for peaceful resolution to conflict and advocacy of values outlined in the Document on Human Fraternity, both UN Secretary-General Antonio Guterres, and Moroccan-French activist, Latifa Ibn Ziaten, were presented as the two honorees of the 2021 award.

Anchored around the picturesque setting of the Founder’s Memorial, in Abu Dhabi, the awards ceremony included the acceptance speeches of the two honorees, along with messages from Pope Francis and Grand Imam of Al-Azhar, Dr Ahmed Al-Tayeb.

With the award inspired by the UAE’s founder and his lifelong commitment to humanitarian values, the Founder’s Memorial was a perfect backdrop to a truly moving, visual experience. With the ceremony online, viewers from all over the world are able to tune in to join in the celebrations and watch the honorees accept their award.

In his goodwill message to both 2021 honorees, His Eminence the Grand Imam of Al-Azhar, said:

"Firstly, I must begin by saying that His Holiness Pope Francis has been a courageous brother and constant friend on the path of fraternity and peace. Such efforts have seen the United Nations General Assembly adopting the anniversary of the signing of the Document on Human Fraternity, February 4th,  to be the International Day of Human Fraternity, which will now encourage universal support in pursuing the spread the intercultural dialogue, co-existence, and human fraternity. This is a victory for human dignity everywhere.

"I also extend my greetings and blessings to His Excellency Antonio Guterres, Secretary-General of the United Nations, as an honoree of the Zayed Award for Human Fraternity. It is clear that his wide-range of humanitarian efforts exerted through the UN have sought to rid humanity of the sufferings of conflicts, and ease the negative effects of the pandemic."

"Joint 2021 honoree, Latifa Ibn Ziaten is a rare role model for the world. Her generosity of spirit and steadfastness in her ability to transform personal suffering into a message of security and safety for all, is a victory for all humanity and a reminder of the good that is always capable of defeating the forces of evil."

Addressing the event from The Vatican, Pope Francis spoke of the importance of human fraternity as the 21st century’s key challenge, saying:

"To the Grand Imam Sheikh Ahmed Al-Tayeb, I thank for the companionship during this journey of reflection and the writing of the Document [on Human Fraternity]. I know it wasn’t an easy task but together we helped each other, consolidating in true fraternity.

"Today, fraternity is the new frontier of humanity. Either we are brothers or we destroy ourselves. It is the challenge of our century; the challenge of our time. Human Fraternity means respect, to listen with an open heart, and to have strength in our principles.

"Born from the same father, with different cultures and traditions, we are all still brothers; and respecting our different cultures and traditions, our different citizenships, we must build this fraternity not negotiate it. It is time to listen and for sincere acceptance."

The Secretary-General of the Higher Committee for Human Fraternity, and contributing author to the Document on Human Fraternity, Judge Mohamed Abdelsalam, added:

"On this day of celebration for human fraternity, we are indeed honored to have received the support of two of the world’s most influential world leaders and previous honorees of the Zayed Award for Human Fraternity, united with a common message and purpose – to advance humanity as one family, undivided.

"The 2021 honorees – Latifa Ibn Zaiten and UN Secretary-General Guterres – are truly representative of the values championed in the Document on Human Fraternity, which forms the assessment criteria for the award. Indeed, their respective efforts to address some of the world’s key socio-cultural and political issues are an inspiration to all and role models for many who will also heed the call to act."

Marking the second anniversary since the signing of the Document on Human Fraternity by the Pope and Grand Imam of Al-Azhar, in Abu Dhabi, the International Day of Human Fraternity was introduced by the UN General Assembly, in December 2020; the date chosen to commemorate the historic meeting of the Pope and Grand Imam, at the document’s signing, in 2019.

In addition to the awards ceremony and as part of the wider celebrations of the first International Day of Human Fraternity, several key landmarks in both The Vatican and Abu Dhabi will be lit up on Thursday evening.

The nominations process for the 2022 awards will open 1st May 2021 and end of December 2021. To find out if you qualify as a nominator or to nominate a candidate for next year’s award, go to: www.zayedaward.org.

About ZAHF

The Zayed Award for Human Fraternity seeks to honor the legacy of the founder of the United Arab Emirates by celebrating people everywhere who embody through their work his lifelong commitment to human fraternity. It is awarded by the Higher Committee for Human Fraternity and includes a financial prize of one million dollars. It was created in February, 2019, to mark the historic meeting in Abu Dhabi of the head of the Catholic Church, His Holiness Pope Francis, and His Eminence the Grand Imam of Al-Azhar, Dr Ahmad al-Tayeb, to co-sign the historic Document of Human Fraternity. Pope Francis and Grand Imam al-Tayeb were the first honorary co-recipients of the Zayed Award for Human Fraternity.

About HCHF

Formed in 2019, the Higher Committee for Human Fraternity is an independent committee dedicated to achieving the aspirations of the Document for Human Fraternity by bringing people across the world together, in the spirit of peaceful co-existence. The committee comprises a diverse group of international religious leaders, scholars and cultural leaders.

2021 Zayed Award for Human Fraternity
2021 Zayed Award for Human Fraternity

 

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PR Newswire

Aniview Partners with White Ops to Fend Off Sophisticated Bot Attacks and Safeguard the Integrity of Video Advertising

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Partnership Delivers New Avenue for Publishers and Advertising Networks to Protect their Inventory with White Ops Advertising Integrity via Aniview’s Platform

SINGAPORE, Feb. 4, 2021 — Aniview, a leading provider of holistic end-to-end ad-serving solutions for publishers, announced a new partnership with White Ops, the global leader in collective protection against sophisticated bot attacks and fraud. Aniview’s platform will fully integrate the White Ops Advertising Integrity solution to help optimize protection and ensure its customers’ safety from malicious and sophisticated cybersecurity risks. As a result of this partnership, publishers and advertising networks have another avenue by which they can access White Ops protection for their inventory.

The most common types of video fraud occur when malicious fraudsters misrepresent their display units as video inventory in programmatic exchanges. These sophisticated bots are deployed through malware embedded in software, essentially performing device-hijacking on a mass, organized scale. With the significant dangers ad fraud poses to the video supply chain, safety has become an increasingly critical issue and, as such, dangers are being met with innovative solutions.

White Ops recently became the first company to receive accreditation from the Media Rating Council (MRC) for end-to-end coverage against Sophisticated Invalid Traffic (SIVT) for desktop, mobile web, mobile in-app, and Connected TV (CTV). Working directly with the largest internet platforms, DSPs, and exchanges, White Ops verifies the humanity of more than 10 trillion digital interactions per week. With White Ops Advertising Integrity, platforms can tap into the most comprehensive pre-bid prevention and post-bid detection capabilities to verify the validity of advertising efforts across all channels. The White Ops Fraud Mitigation Platform uses a multilayered detection methodology to spot and stop sophisticated bots and fraud by using technical evidence, continuous adaptation, machine learning, and threat intelligence.

With this partnership, Aniview and its customers can leverage White Ops’ privacy-sensitive detection technology to identify threats and automated fraud attempts, ensuring their advertising inventory can be trusted and fraud-free. White Ops provides a deeper granular understanding of bot interactions and activity patterns to save time and money. Aniview is now able to provide its clients an effective solution to identify and prevent malicious video-bot traffic. This partnership represents the next step in Aniview’s mission to provide verified traffic and protection against video ad fraud.

Aniview’s end-to-end ad-serving solution includes a patented video ad-player, mobile apps SDK, seamless header bidding integration, high-performance ad-server, marketplace, CTV/OTT dynamic auction, and Server-side Ad Insertion (SSAI). Together, these components, coupled with the company’s machine-learning optimization algorithm, enable its users to manage, track, and monetize video content. Unlike other solutions, Aniview allows for customizable ad units alongside real-time yield optimization and currently services more than 10 billion video ad impressions each month. In September, the company was awarded the TAG Certified Against Fraud Seal, from the Trustworthy Accountability Group (TAG).

"The boom of online video content in recent years has created an urgency for us to fully secure and protect customers against a rising tide of ad fraud," says Roy Cohen, CTO of Aniview. "Working with White Ops and our internal fraud detection tools, we will develop greater application integrity by identifying and blocking bot traffic with the highest degree of accuracy and speed to stay ahead of adversaries."

"Fighting fraud and abuse in digital advertising requires a collective approach to protect the industry against sophisticated threats," says Ellie Windle, Vice President, Global Strategic Partnerships and Alliances at White Ops. "We’re excited to join together with Aniview in the optimization of fraud-free video advertising solutions. This partnership strengthens our presence in digital video while providing easier access to our platform for publishers and networks. The more partners that we have in this fight, the bigger our knowledge base grows and the better we can optimize our tactics against potential new threats from bad actors."

About Aniview

Founded in 2013, Aniview provides a full ecosystem for managing video and video advertisements through its patented technology. Our goal is to change the video advertising landscape and have premium publishers, networks, and advertisers globally use our suite of products and enjoy an end-to-end solution. Our offering includes a reliable platform for video hosting and monetization (made up of an Adserver, Players, SDK and Marketplace) which allows our partners to widen the reach of their services with versatile and customizable marketing tools that suit their business needs. For more info https://www.aniview.com/

About White Ops

White Ops is a cybersecurity company that collectively protects global enterprises and internet platforms from digital fraud and abuse. We verify the humanity of more than 10 trillion interactions per week protecting our customers’ sensitive data, reputation, compliance, bottom line, and customer experience as they grow their digital business. To learn more visit www.whiteops.com.

Media contact:

Virginie Cosentino
virginie@budcomms.com
+65-9161-5091

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PR Newswire

Annie Grace Offers Advice for Tackling FebFest

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"This Naked Mind" author shares gentle wisdom and insight 

DENVER, Feb. 1, 2021 — Taking a break from something that isn’t good for you is always a good idea. Even better when you can raise money for an important cause at the same time. In asking people to abstain from alcohol for a month and raise money for disadvantaged youth, FebFest does both.

Annie Grace, author of "This Naked Mind" and "The Alcohol Experiment"
Annie Grace, author of "This Naked Mind" and "The Alcohol Experiment"

For some, the energy behind the importance of the fundraising mission will be enough to sustain their commitment to remaining alcohol free. For others, losing the booze will be more difficult.

"Starting a month-long challenge to abstain from alcohol is exciting and empowering," says Annie Grace, author of This Naked Mind and The Alcohol Experiment. "But, it can also be daunting. If alcohol is typically part of your daily life, removing it can be difficult. And, relying on willpower alone to drive your success can make it even harder."

Annie Grace offers the following advice to anyone taking a break from alcohol:

Be Kind – First and foremost, meet yourself with compassion, right where you are. Remember, alcohol is an addictive substance. It’s OK if abstaining is hard. There is nothing wrong with you.

Buddy Up – Don’t go it alone. There is strength in numbers. Find an accountability partner or even an entire community of people on the same journey. Support and learn from each other.

Get Curious – Don’t ignore alcohol this month. Rather, use the break to truly explore your relationship with alcohol. Learn how alcohol interacts with your brain and why simply flexing your willpower muscle might not be enough.

Write It Down – Document your experience in a journal. How do you feel? What was hard? What was easy? What did you notice about yourself without alcohol? What makes you want to drink? 

Don’t Quit – If you slip and have a drink, try again. Even though it’s meant to be a month of abstinence, you do not have to declare defeat. Keep going. Do the best you can.

No matter why someone decides to participate in an alcohol free month, ultimately the best thing about their choice is the opportunity they give themselves to learn more about who they are both with and without the substance and determine what role they want alcohol to play in their lives in the future. 

About This Naked Mind
Founded by Annie Grace in 2015, This Naked Mind (TNM) helps people end the conflict between their desire to drink less and their unconscious belief that alcohol is beneficial. Annie Grace overcame a decade of drinking by revamping her own relationship with alcohol. Today she helps others across the globe do the same – the 200,000+ people who’ve bought her books, the 350,000+ people who receive daily emails from her, the listeners who’ve downloaded her This Naked Mind Podcast episodes more than 8 million times, and the 200,000+ people who’ve gone through her free program, The Alcohol Experiment. Rather than teaching people how to be sober, TNM takes away the desire to drink. And, the approach helps people where rehabs have not. Join TNM on Facebook, Instagram, YouTube, Twitter, LinkedIn, and Pinterest.

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Legal Documents Most Downloaded by DocPro Users in 2020 Show COVID-19 Impact on Businesses and Individuals

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LONDON, HONG KONG and NEW YORK, Jan. 29, 2021 — DocPro Limited, a leading online document creator and legal tech community announced today the company’s most downloaded legal contracts, letters and documents of 2020. Reflecting the turbulent global events impacting DocPro users last year, the most downloaded documents marked COVID-19 related personal and professional events.

"It’s safe to say that 2020 was a year like no other," said Kim Chan, CEO, DocPro. "In reviewing the most used contracts, letters and documents downloaded by the DocPro community this year, we see that our members used DocPro to overcome challenges related to COVID-19 in 2020."

DocPro has released the most downloaded contracts, letters and documents of 2020, with some surprising results. From asking for COVID relief to resolving relationship issues, users turned to these key documents for help. The most downloaded contract of 2020 was the Brand Ambassador Agreement, as more companies signed up social media and KOL marketing support personnel to serve as corporate brand ambassadors. The second most used contract was the Memorandum of understanding (MOU) – Joint Venture, use by businesses adapting to COVID-19, including partnering to achieve key business goals.

One of the biggest surprises on the list of most downloaded contracts in 2020 is number three on the top ten list, the Relationship Contract. COVID-19 impacted relationships in many ways and DocPro members entered into relationship contracts in greater numbers, to help govern difficult issues and maintain relationship. In addition, the Engagement Letter and Success Fee Agreement from Advisor/Consultant contract placed fourth on the list, followed by the Drop Shipping Agreement, each a product of the trend towards remote working and free agent entrepreneurship by the new Slash workforce in 2020.

The most downloaded letters in 2020 were also COVID-19 related, generally used to ask for relief from service providers. This included the Letter to School for School Fees Relief, Letter to Bank on Suspension/Extension of Deadline on Loan Repayment and Leave Letter for School from Parent. In addition, the Complaint Letter to Police on Adverse Possession of Property and Letter to Supplier Requesting for Additional Credit Terms made the top five list, as landlords and business owners were impacted by the pandemic.

For more information on documents use trends around the world, check out DocPro’s news release:  https://docpro.com/blog76/docpro-s-list-of-most-downloaded-documents-in-2020 .

Top Contracts in 2020

  1. Brand Ambassador Agreement
  2. Memorandum of Understanding (MOU) – Joint Venture
  3. Relationship Contract / Consent
  4. Engagement Letter and Success Fee Agreement from Advisor / Consultant
  5. Dropshipping Agreement
  6. Memorandum of Understanding (MOU) – Sale of Business
  7. NDA / Confidentiality Agreement for Business (One way / Unilateral)
  8. Mortgage Deed on Real Property
  9. Service Agreement – Consulting Work
  10. Investment Agreement – Single Investor

Top Letters in 2020

Top Other Documents in 2020

About DocPro

DocPro is the leading online provider of automated documents to businesses and individuals. DocPro’s mission is to make legal documentation affordable and accessible to everyone. Currently, DocPro operates a legaltech platform (DocPro.com) by combining legal documentation services with cutting edge technology.

PR Newswire

A new ranking by MIT Technology Review Insights highlights the countries making the fastest progress to a low-carbon future

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CAMBRIDGE, Mass., Jan. 26, 2021 — The Green Future Index, a new study by MIT Technology Review Insights in association with Citrix, Morgan Stanley, and Salesforce ranks 76 countries and territories on the progress and commitment they are making toward a green future by reducing carbon emissions, developing clean energy, and innovating in green sectors, as well as the degree to which governments are implementing effective climate policies.

(PRNewsFoto/MIT Technology Review Insights)
(PRNewsFoto/MIT Technology Review Insights)

The interactive index shows which countries are progressing fastest in global efforts to decarbonize and limit global heating in line with the goals of the Paris Agreement.

The key findings are as follows:

  • Europe will be a future green leader. Europe dominates the top of the index, with 15 European nations in the top 20. Many countries across the region have already made progress with curbing emissions, transitioning energy production to renewable sources, and investing in green mobility. Since covid, the EU has committed more than €200 billion in bold green economy investments, accelerating decarbonization even in the most fossil-fuel dependent states.
  • Iceland, Denmark, and Norway top the index. Iceland, in first place, aims to be carbon neutral by 2040. The country has become a world leader in clean energy and carbon capture technology. Denmark (2nd) is the largest producer of hydrocarbons in Europe to stop issuing new oil and gas exploration licenses. Norway (3rd) is also striving to decouple its economy from fossil fuels.
  • Costa Rica and New Zealand secure top 10 positions. Costa Rica, ranked 7th, and New Zealand, ranked 8th, have made major strides with renewables and have world-leading agendas for decarbonization across industry and agriculture. Canada (14th), Singapore (16th), and Uruguay (20th), the other non-Europeans in the top 20, have strategies for decarbonization, transitioning energy sources, and government-led initiatives to promote green living, such as Singapore’s Zero Waste Masterplan, which aims to reduce landfill waste by 30% between now and 2030.
  • There is uneven progress across the world’s largest economies. The United States (40th) has reduced emissions over recent years and is responsible for nearly one-fifth of the world’s green patents. Yet it is emerging from four years of climate denial and remains heavily dependent on fossil fuels and unsustainable farming practices. China (45th) is responsible for more than one-quarter of global emissions but has pledged to become carbon neutral by 2060 and is the world’s fastest growing producer of renewable energy. France (5th), Germany (11th), and Canada (14th) are the highest ranked countries in the G20.
  • The countries at the bottom of the index risk losing competitiveness in the green economy. The laggards include South Africa (47th), Vietnam (49th), and Indonesia (57th), where economic pressures run counter to sustainable development. Japan (60th) has a goal to be carbon neutral by 2050, although government targets for renewable energy remain modest. The 16 "abstainer" countries at the bottom include petrostates such as Saudi Arabia, Iran, Qatar, and Russia. The latter’s Energy Strategy 2035 for expanding oil and gas production identified the trend toward carbon neutrality as an existential threat.

"With hundreds of billions of dollars being injected into economies worldwide, covid-19 has created huge momentum for developing green industries and financing infrastructure that will be clean, technologically advanced, and climate resilient," says Nico Crepaldi, head of custom content, MIT Technology Review. "In the future, we’re likely to see ‘green’ being synonymous with economic competitiveness."

To view the research findings, visit the interactive page or click here to download the report.

For more information, please contact us at insights@technologyreview.com 
About MIT Technology Review

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PR Newswire

COVID-19 vaccines: Common solution, not competition

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BEIJING, Jan. 15, 2021 — A news report by China.org.cn on China’s COVID-19 vaccines:

 

At the end of 2020, one of China’s self-developed COVID-19 vaccines was granted conditional approval for general use by the National Medical Products Administration. Previously, the United Arab Emirates and Bahrain had already greenlit the vaccine. After China’s official approval, over a dozen countries from different continents signed purchase agreements with China for the vaccine.

Since the initial outbreak, scientists around the world have been working to develop an effective vaccine. Various approaches have been adopted, such as mRNA vaccines, inactivated vaccines and adenovirus vector vaccines. The mRNA vaccine jointly developed by Pfizer and BioNTech was approved in the U.K. and U.S. in December 2020. The adenovirus vector vaccine developed by Oxford-AstraZeneca has not long since been rolled out. China’s recently approved vaccine is inactivated, which is a mature technique, thus making it relatively safe. Without special requirements for transportation or storage, the vaccine’s cost is lower, meaning it is more affordable.

Recent news on the virus mutating makes achieving herd immunity via vaccination all the more important. As such, the Chinese government has promised to provide vaccines free of charge to all Chinese people.

The approval and future use of China’s inactivated vaccine has been made possible only through international cooperation. The phase 3 clinical trials, for instance, were conducted in countries including the UAE and Argentina. Now China is speeding up vaccine production, working to make them a global public good, while being more accessible and affordable. In the future, China will actively provide vaccines to developing countries, including through donations, which is in line with China’s joining of COVAX.

Many foreign media outlets have continued to link vaccine development with political purposes, and have disparaged China’s vaccines. In fact, research and development into COVID-19 vaccines is not a case of companies or countries competing against one another. Faced with the virus, humanity should work together to seek solutions to this common challenge.

Any effective vaccine would mark a victory for global public health and all humanity. China will continue to work with other countries on vaccine development, share knowledge and experience in fighting the pandemic, and overcome the challenge.

China Mosaic
http://www.china.org.cn/video/node_7230027.htm
COVID-19 vaccines: Common solution, not competition
http://www.china.org.cn/video/2021-01/15/content_77119558.htm

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PR Newswire

China Literature Announces Sale of its Equity Interest in Lazy Audio for RMB1.08 Billion

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HONG KONG, Jan. 15, 2021 — China Literature Limited ("China Literature" or "the Company", stock code: 0772.HK), a leading online literature platform in China, today announced that it entered into a definitive agreement to sell a 39.8821% equity interest in Shenzhen Lanren Online Technology Co, Ltd ("Lazy Audio"), an audio platform in China, to Tencent Music Entertainment Group ("Tencent Music" or "TME", NYSE: TME), a leading innovative online music entertainment platform in China, for a total consideration of RMB1.08 billion in cash. The transaction is expected to close in the first half of 2021, subject to customary closing conditions. China Literature will no longer hold an equity interest in Lazy Audio upon the completion of the transaction.

Mr. Edward Cheng, Chief Executive Officer of China Literature, commented, "Our investment in Lazy Audio was a test pilot for China Literature’s audiobook strategy where we collaborated with Lazy Audio to convert China Literature’s premium IPs into audiobooks and deliver to a vast user base. In terms of corporate strategic outcome and generating a return on investment, the overall investment was, without a doubt, a huge success. The TME-Lazy Audio transaction will continue to elevate TME’s and Lazy Audio’s audio content production and distribution capability. This will in turn benefit China Literature, as our business partnership with both TME and Lazy Audio will continue. As we join forces on future collaboration with TME and other audio platforms, we expect to continuously distribute China Literature’s premium content to our expanding user base. We believe this marks an important step to further maximize the value of China Literature’s IPs."

About China Literature Limited

China Literature Limited is a pioneer in the online literature market and operates China’s leading online literature platform. The Company owns nine major branded products. Among these, QQ Reading, a unified mobile content aggregation and distribution platform, is the flagship product. Other branded products focus on individual genres and their respective fan bases. China Literature’s shareholder and strategic partner, Tencent, provides the Company with exclusive content distribution access via its suite of leading mobile and Internet products, including Mobile QQ, QQ Browser, Tencent News, Weixin Reading and Tencent Video. The Company also has distribution beyond the Tencent platforms by pre-installing Apps on handsets partners such as OPPO, Huawei and VIVO, as well as licensing content to third-party partners such as Baidu, Sogou, JD.com and Xiaomi Duokan. China Literature monetizes its vast and proprietary content library mainly through online paid reading and content adaptations for a variety of entertainment formats. China Literature’s diverse and high-quality content library is a significant competitive advantage that lies at the core of its business model. In 2018, China Literature further expanded its content capabilities downstream by acquiring New Classics Media, a renowned TV series, web series and film production company in China. For more information, please visit http://ir.yuewen.com/.  

Contact

For investors / analysts:

For media:

Maggie Zhou

Vivian Wang

Tel: +8621 6187 0500 ext. 80605

Tel: +852 2232 3978

Email: IR@yuewen.com

Email: vwang@Christensenir.com

Forward-Looking Statements

This press release contains forward-looking statements relating to the industry and business outlook, forecast business plans and growth strategies of the Company. These forward-looking statements are based on information currently available to the Company and are stated herein on the basis of the outlook at the time of this press release. They are based on certain expectations, assumptions and premises, some of which are subjective or beyond our control. These forward-looking statements may prove to be incorrect and may not be realized in future. Underlying the forward-looking statements is a large number of risks and uncertainties. Further information regarding these risks and uncertainties is included in our other public disclosure documents on our corporate website.

Related Links :

http://ir.yuewen.com/

PR Newswire

ATIF Holdings Limited Announces Its Client Listing on the Nasdaq Global Market on January 12, 2021

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LOS ANGELES, Calif., Jan. 13, 2021 — ATIF Holdings Limited (Nasdaq: ATIF, the "Group", "ATIF" or "we"), a company providing business consulting and media services in Asia and North America, announces the client of the Group, a China-based pharmaceutical and chemical products manufacturer, Qilian International Holding Group Limited (Nasdaq: QLI, "Qilian"), whose ordinary shares have been approved for listing on the Nasdaq Global Market and has commenced trading on January 12, 2021.

Qilian announced the pricing of its initial public offering ("Offering") of 5,000,000 ordinary shares at a public offering price of US$5.00 per share on January 12, 2021. Qilian expects to receive aggregate gross proceeds of US$25 million from this Offering, before deducting underwriting discounts and other related expenses. In addition, Qilian has granted the underwriters a 45-day option to purchase up to an additional 750,000 ordinary shares at the public offering price, less underwriting discounts. The Offering is expected to close on or about January 14, 2021, subject to the satisfaction of customary closing conditions.

About Qilian International Holding Group Limited
Qilian International Holding Group Limited, headquartered in Gansu, China, is a pharmaceutical and chemical products manufacturer in China. It focuses on the development, manufacture, marketing and sale of licorice products, oxytetracycline products, traditional Chinese medicine derivatives product, heparin product, sausage casings, and fertilizers. The Company’s products are sold in more than 20 provinces in China. For more information, visit the company’s website at http://ir.qlsyy.net.

About ATIF Holdings Limited
Headquartered in Los Angeles, California, ATIF Holdings Limited ("ATIF") is a holding group with asset management, investment holding and media services sectors and provide business consulting services to small and medium-sized enterprises in Asia and North America, including going public consulting services, international business planning and consulting services, and financial media services. ATIF operates an internet-based financial consulting service platform IPOEX.com, which provides prestige membership services including online capital market information, pre-IPO education and matchmaking services between SMEs and financing institutions. ATIF has advised several enterprises in China in their plans to become publicly listed in the U.S. For more information, please visit https://ir.atifchina.com/.

Forward-Looking Statements
Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantee of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: future financial and operating results, including revenues, income, expenditures, cash balances and other financial items; ability to manage growth and expansion; current and future economic and political conditions; ability to compete in an industry with low barriers to entry; ability to continue to operate through our VIE structure; ability to obtain additional financing in the future to fund capital expenditures; ability to attract new clients and further enhance brand recognition; ability to hire and retain qualified management personnel and key employees; trends and competition in the financial consulting services industry; a pandemic or epidemic; and other factors listed in the Company’s annual report on Form 20-F and other documents filed with the Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions you that actual results may differ materially from the anticipated results expressed or implied by the forward-looking statements we make. You should not rely upon forward-looking statements as predictions of future events. Forward-looking statements represent our management’s beliefs and assumptions only as of the date such statements are made. These forward-looking statements are made as of the date of this news release.

 

 

PR Newswire

The CPC: Why and How It Works in China

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BEIJING, Jan. 8, 2021 — An article by China.org.cn on the Communist Party of China:

 

China’s political system, especially the Communist Party of China (CPC)’s status as the only ruling party, has been challenged by some Western countries for a long time. Such a challenge lingers despite the country’s success in developing into the world’s second largest economy and creating many miracles.

It’s by no means fortuitous that the CPC can lead the Chinese people to such great achievements, which are attributable to the CPC’s traits.

Every political party has aspirations, but the aspirations of each party can be very different from each other. While many political parties scramble for power and profit in service to their respective groups, the CPC represents the interests of the broadest possible majority of the Chinese people.

The CPC has mechanisms for selecting and appointing officials on the basis of merit and ability.

The standards and procedures used by a political party to select officials are extremely important, because these directly determine whether or not the party in question can maintain its advanced nature and purity and remain a vital and cohesive organization. The requirements for building the ranks of Party officials include that it shall select officials on the basis of their merits and not their origins, that it shall choose candidates based on their moral integrity and professional competence, and that it shall resolutely oppose localism and nepotism. The emphasis on the development of their abilities by incrementally moving them to higher positions according to their performance and giving them the experiences of working in multiple positions. These concepts, principles, and systems are playing an increasingly large role in the development of the official ranks, and are receiving growing recognition from other political parties.

The CPC has the courage to reform itself. The CPC is not only equipped with the prowess to lead social revolution, but also the courage to reform itself. This has allowed it to form the abilities and mechanisms necessary to purify, improve, and reform itself, ensuring that it can, by its own initiative, rectify any problems that arise within itself.

It is a ruling party’s ability to make prudent and logical decisions that determines whether or not a country can develop well. China has adopted the CPC-led multi-party cooperation system, with the CPC holding power and the eight other democratic parties participating in state affairs and supervising the CPC. Different from two-party or multi-party competition systems of Western countries, the multi-party cooperation system has endowed China with the advantages of long-term planning and the integration of resources, thus enabling it to solve complex problems and further reforms.

Thanks to the CPC’s adoption of the reform and opening-up policy in 1978 and the socialist market economy later on, China has seen remarkable progress over the past few decades that has taken almost a century for other countries to achieve.

The CPC has demonstrated its strong leadership abilities throughout the historical process of leading the people toward the rejuvenation of the Chinese nation.

China’s rapid response to COVID-19 outbreak in January and rigid epidemic-control measures taken to win the fight against the virus has once again highlighted the unique nature and advantages of the Chinese political system.

A Chinese saying goes that "only your feet know whether your shoes fit well". The leadership of the CPC is the choice of the Chinese people. The political development and national conditions of modern China called for a socialist political system with Chinese characteristics, and that is the multi-party cooperation system. This system has contributed to China’s economic rise, the profound changes in its citizens’ lives and the country’s increasingly important role on the world stage. All of these achievements testify to the wisdom of the Chinese people’s choice.

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

The CPC: Why and How It Works in China
http://v.china.com.cn/2020-12/29/content_77060450.htm