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PR Newswire

THE REGION’S PREMIER DIGITAL CONFERENCE IS GOING FULL-VIRTUAL!

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  • Expect BIG names you’ve not seen elsewhere. Book video-networking appointments online now!
  • An online experience with all the hallmarks of the Wild Digital physical event and more, plus our brand-new #startupshowcase initiative

KUALA LUMPUR, Nov. 3, 2020 — Powered by Catcha Group, the region’s premier tech conference – Wild Digital Southeast Asia 2020, is taking place this 3-6 November 2020! The 4-day conference will be fully virtual for the first time – with an expected 3000+ attendees, 180+ speakers and 30+ hours of content.

Wild Digital SEA 2020 is set to be the biggest virtual tech conference in the region
Wild Digital SEA 2020 is set to be the biggest virtual tech conference in the region

This 6th edition is reflective of a year of constant, and at times, exhaustive changes. However, we are seeing an even more vibrant tech ecosystem in Southeast Asia emerging from this pandemic. Our structure and content format might be different this time, but nothing has stopped us from gathering the region’s top internet players, entrepreneurs, founders, chief executives and investors for another phenomenal #WildDigital experience!

 "Like many others, we found ourselves scrambling to adjust as our flagship conference kept getting new dates later and later into the year," said Patrick Grove, Catcha Group CEO & Co-Founder. "But, here we are. Bigger and better! We’re gearing up for what will be the biggest virtual event in the region, and hopefully break another record this year!

Right now, we are witnessing first-hand the effects of remote working, the boom of ecommerce platforms, the rise of telehealth and other tech-centric impacts on the collective community. We’re excited to bring these topics to the fore on our Main Stage."

We’re no longer limited by location, and as such, we’re able to gather even more top-tier speakers from around the region. Some of the speakers include (bit.ly/SEA20-speakers):

  • Peter Van Zyl: President & CEO Indonesia (Allianz) – Serves 86 million customers in > 70 countries
  • Chee Soon Ng: Managing Director (Carousell) – One of the world’s largest marketplaces, valuated at USD900M
  • Sam Canavan: General Manager, APAC (ClassPass) – Decade’s 1st Unicorn, valuated at >USD1B
  • Wai Mun Lim: Founder & CEO (Doctor Anywhere) – Raised USD27M Series B funding, expanding in MY & PH
  • Dan Roberts: Global Head of Business Banking, Interim (HSBC) – 6th largest bank in the world, with total assets of USD2.9TN
  • Melisa Irene: Partner (East Ventures) – Invested in over 400 startups, with 4 Unicorns in their portfolio
  • Hamish Stone: CEO (iCar Asia) – ASX-listed, ASEAN No.1 automotive portals network
  • Minette Navarrete: Co-Founder & President (Kickstart Ventures) – Most active Corporate VC firm in the Philippines
  • Firas Alsuwaigh: Chief Strategy Officer (Ninja Van) – Region’s fastest-growing last-mile logistics company
  • Shahid Nizami: Managing Director, APAC of HubSpot – A leading global growth platform: total revenue at USD203.6M for Q2’20

With so many eminent speakers, what of Wild Digital’s signature networking sessions? Don’t worry, because we’ll be having virtual networking lounges for our attendees to mingle in, as well as the ability for attendees to schedule 1:1 video meetings with whomever they chose to network with!

A platform to highlight disruptive startups

Southeast Asia has a vibrant, young and tech-savvy population, and the potential for us to become the Silicon Valley of Asia is immense! One of our main aims has always been to showcase and support the most disruptive and innovative startups in the region. We want to be the launching pad where they can pitch their billion-dollar ideas in front of leading investors, mentors, senior executives and media during our conference.

We have once again partnered exclusively with Startup World Cup to organise Startup Disruptor Arena (SDA) – a highly-anticipated live pitching session where we’ve seen some of the region’s most innovative startups battle it out. We’re gearing for a bigger, better experience – SDA will be the SEA regionals, and the winner will go on to compete at Startup World Cup in Silicon Valley next year for a Grand Investment Prize of USD1million!

Startup World Cup is helmed by Pegasus Tech Ventures, a US Silicon Valley VC, and consists of a global series of startup conferences and pitch competitions that spread across 40+ countries. More information on Startup Disruptor Arena here.  

To make our online conference experience even better for our attendees, we have launched an ALL NEW #STARTUPSHOWCASE initiative as a bonus feature for participating startups! For the first time, startups may apply for complimentary virtual booths to network and promote their product directly to the C-suites and top level executives that will be in attendance! This initiative is only available with purchase of our Startup Promo package. Find out more about the #StartupShowcase initiative here. 

Wild Digital – bringing "digital" to the forefront

What’s new this year:

  • FOUR DAYS, ONE MAIN STAGE, OVER 180 SPEAKERS – Bringing 30+ hours of content to you
  • FIRST-CLASS PROGRAM – Specially-curated topics to navigate through this crisis
  • BUILD YOUR OWN AGENDA – Create personal schedule with your favourite talks
  • INTERACTIVE LIVE SESSIONS – Chat with attendees, live Q&A and polling
  • BRINGING FACE-TO-FACE NETWORKING ONLINE – Schedule 1-on-1 video meetings with 3000+ attendees with our new & improved Rapid Mingle (online booking system) tool
  • STARTUP SHOWCASE – First time ever, a virtual exhibition of the #nextunicorns and #nextbigthings.
  • STARTUP DISRUPTOR ARENA – Taking it up a notch this time by partnering with Startup World Cup, the largest global startup pitch competition.

There is still time to get your tickets. Head over to bit.ly/sea-2020-overview to find out more about how you too can be a part of this year’s most exciting virtual conference yet!

ABOUT CATCHA GROUP
Established in 2004 and headquartered in Kuala Lumpur, Catcha Group is Southeast Asia’s leading digital group which builds and invests in disruptive tech companies across emerging markets globally. The Group’s historical focus has been on online classifieds, new media and OTT, where it has successfully taken five companies from startup to IPO and created over US$2.0bn+ worth of value. Today, the Group holds over 60 investments, either directly or indirectly as sole, majority or minority shareholders.

Find out more: www.catchagroup.com

ABOUT WILD DIGITAL
Wild Digital is a platform created for internet leaders to come together and share their bold and wild visions for building great disruptive companies. It brings together top internet players, entrepreneurs, founders, chief executives and investors to gain insights into the future of technology and digital creativity with its first-class main stage program. Wild Digital provides excellent exposure in the industry and unprecedented networking opportunities to connect with some of the best minds in the digital ecosystem.

For more information, kindly contact:

Ong Yi Lyn
Content Marketing Lead, Wild Digital
Email: lyn@wilddigital.com

PR Newswire

Clarivate Expands International Real-World Data Offering with Addition of Techtrials Brazilian Dataset

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Partnership to provide life science, healthcare and research professionals with comprehensive RWD capturing approximately 80% of the Brazilian population

LONDON, Nov. 2, 2020 — Clarivate Plc (NYSE:CCC), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced the expansion of international real-world data offerings through its partnership with Techtrials Pesquisa e Tecnologia Ltda (Techtrials), the leading healthcare real-world data (RWD) provider in Brazil. The new partnership will provide customers with comprehensive RWD capturing approximately 80% of the Brazilian population.

As part of the three-year partnership, Clarivate customers can access the largest integrated real-world database in Brazil to address the most pressing questions related to epidemiological, clinical and pharmacoeconomic outcomes. The dataset features in-depth, clinically structured, anonymized data of billions of records with more than 195 million patients in the public and private market as well as claims, electronic medical records, registry and lab data. The comprehensive Techtrials real-world data paired with the expertise, information and insights that power DRG healthcare products and services, will allow global researchers to access, synthesize and analyze critical data.

The Techtrials dataset will be available to life sciences companies internationally, supporting a multitude of end users, to enable deeper insights and delivery of complex and high value use cases.  Clients can choose from an array of delivery options depending on their resource needs and expertise, including: commercial targeting; patient population & market sizing; patient journey; therapeutic area assessments; disease burden analysis; health economics and outcomes research and more.

As the world’s 11th largest pharmaceutical market, Brazil spends 9.5 percent of GDP on healthcare – providing universal healthcare to its population.1 Multinational pharmaceutical companies continue to invest and expand operations in Brazil, with market researchers anticipating spending to increase at a compound annual growth rate of 7% to 10% from 2018–2022.2 Clarivate recognizes the ever-increasing need for customers within the Latin American market to have insights-ready RWD on a real-time basis to help drive and inform decision-making.

Ken McLaren, SVP & GM of Data, Analytics and Insights for Clarivate, said: "We appreciate the complexity of healthcare and the diversity of decisions its leaders must make, especially in an international context. We look forward to partnering with an organization like Techtrials to help our customers understand and drive decision-making with confidence in the high growth, high interest Brazilian market."

Douglas Andreas Valverde, CEO, Techtrials, said: "As a regional innovation leader for data solutions and real-world evidence, we offer a unique mix of capabilities and proprietary technology, providing valuable clinical and real-world evidence insights to support the efforts of pharmaceutical, healthcare and government agencies. We are proud to partner with Clarivate to reach international industry stakeholders who need to act and make critical decisions in their daily operations."

The Brazilian RWD offering features insights, including: new professionals per institution; variation of patients per period; procedures; workload by institution; comprehensive disease, epidemiology and market knowledge; drug use by specialty; outcomes, hospitalizations, surgeries and sub-procedures; hospital and comorbidities and more. The incorporation of Techtrials data further reinforces the expertise provided by Clarivate to support customers across the entire drug, device and medical technology lifecycles.

To learn more, visit https://clarivate.com/drg/real-world-data.

About Clarivate
Clarivate™ is a global leader in providing solutions to accelerate the lifecycle of innovation. Our bold mission is to help customers solve some of the world’s most complex problems by providing actionable information and insights that reduce the time from new ideas to life-changing inventions in the areas of science and intellectual property. We help customers discover, protect and commercialize their inventions using our trusted subscription and technology-based solutions coupled with deep domain expertise. For more information, please visit clarivate.com.

Media Contact
Catherine Daniel
media.enquiries@clarivate.com

1National Health Account (NHA) Indicators 2020. Source: Global Health Expenditure Database (GHED) of the World Health Organization.
2"Brazil: Commercialization Outlook, Global Market Access Solutions" 2020. Source: DRG, part of Clarivate

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PR Newswire

National Business Daily: SW China’s Chengdu to unveil new products in intelligent manufacturing

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CHENGDU, China, Nov. 2, 2020 — Southwest China’s Chengdu is to hold a special event for intelligent manufacturing on November 2, as the city hastens digital transformation of the manufacturing industry.

The event, as a part of the 2020 Chengdu New Economy Double Thousand Project, will focus on how advanced technologies, like AI, 5G, big data and internet of things (IoT) can play a role in the upgrading of manufacturing.

100 new products and 100 new scenes centering on these fields will be unveiled, demonstrating the opportunities in Chengdu as well as offering a stage for local new economy companies.

IoT and intelligent sensing are set to change the ways of our production and life. At the event, Chengdu Hikvision Digital Technology will showcase how IoT and big data, powered by its video technology, can be applied in various scenes including autonomous driving, facial recognition, drone cruising, and automatic drip irrigation. Chengdu Ada Space Cloud is to demonstrate its comprehensive management platform for satellite data applications.

Technologies like 5G and IoT are essential for the digital transformation of manufacturing. At the event, Siemens will show how it builds digitalized factories, and local conglomerate Tongwei will unveil its intelligent connected factory for solar batteries.

Tongwei intelligent factory, File photo/Xie Zhenyu (NBD)
Tongwei intelligent factory, File photo/Xie Zhenyu (NBD)

Keynote speaker Li Yizhong, former minister of the Ministry of Industry and Information Technology and chairman of China Federation of Industrial Economics, will share his expertise on the strategies of promoting digital and intelligent manufacturing.

On that issue Chengdu has an innovative approach, which is to build an ecosystem for innovation in industrial internet. The Chengdu Public Service Platform for Industrial Internet, which brings together the premium industrial internet resources from government, enterprises and research institutes, is the most recent fruit of that approach and will be officially launched at the event.

Moreover, to bridge the information gap among enterprises along the industry chain, Sichuan Industrial Design Cloud Platform will launch a service platform for identification and resolution in industry internet at the event, in order to promote coordinated development.

The event is organized by Chengdu Municipal Bureau of Economic and Information Technology and Chengdu New Economic Development Commission, hosted by Chengdu Hi-tech Industrial Development Zone, and carried out by National Business Daily.

PR Newswire

‘Dual circulation’: A crucial step for China’s economic development in new era

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BEIJING, Oct. 30, 2020 — A news report by China.org.cn on the 5th plenary session of the 19th central committee of the CPC and China’s "dual circulation":

 

The fifth plenary session of the 19th Central Committee of the Communist Party of China (CPC) concluded on Oct. 29. The session discussed and adopted the CPC Central Committee’s proposals for the formulation of the 14th Five-Year Plan (2021-2025) for National Economic and Social Development and the Long-Range Objectives Through the Year 2035. The principal idea of the 14th Five-Year Plan is to foster a new, dual-circulation development architecture with the domestic circulation as the mainstay, and with domestic and international development reinforcing each other.

The world today is undergoing profound changes rarely seen in a century. The global spread of COVID-19 has brought about more uncertainties and destabilizing factors. This has sent the world economy into recession, and caused a further contraction in international trade and investment. Meanwhile, some countries are blaming globalization for such issues as the hollowing out of industries, the widening wealth gap, and increasing political tensions. China is thus facing significant external headwinds.

Since the start of reform and opening-up over four decades ago, China has risen to become the world’s second largest economy. It is currently the largest manufacturer, the largest merchandise trader, and the holder of the largest foreign exchange reserves. It also ranks second in the world for attracting foreign investment and the consumption of goods. Its contribution rate to global economic growth has exceeded 30% for several years in a row. China is marching on its journey to fully build a modern socialist country. However, it still faces unbalanced and inadequate development.

Therefore, China has been working to foster a new, dual-circulation development architecture. This aims to remove the barriers existing in domestic circulation, and further unleash the potential of domestic markets, so as to support a higher level of circulation externally. This is not a short-term response by the country to deal with the epidemic and changes in the international environment. Instead, the move reflects China’s long-term strategic countermeasures under a global perspective, and is a crucial step in China’s economic development during the new era.

With a focus on domestic circulation, the model does not in fact mean complete isolation. On the contrary, it will lead to higher levels of opening-up. The "dual circulation" strategy is not the same as an international circulation in its narrow sense regarding foreign trade, capital, and foreign direct investment. Rather, it covers finance, currency, the flow of people, the spread of technologies, the flow of information and data, climate change, environmental protection, elimination of the wealth gap, the accomplishment of U.N. sustainable development goals, etc. It is a general circulation for industrial, supply and service chains with wider scopes, expanded areas, and higher levels.

The new, dual-circulation development architecture is a roadmap for China’s long-term overall economic development. It will also become an open and inclusive global economic engine which enjoys strong vitality and bright economic prospects.

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

‘Dual circulation’: A crucial step for China’s economic development in new era
http://www.china.org.cn/video/2020-10/30/content_76860335.htm

 

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PR Newswire

Inspirations from the Global Leader: Getting to 100% Electric Delivery Vehicles

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A new report series from Rocky Mountain Institute brings new insights from Shenzhen–the global electric vehicle leader– on how to fully electrify urban delivery and logistics vehicles.

BEIJING, Oct. 30, 2020 — Today Rocky Mountain Institute (RMI) launched a six-volume report series which explores the experience of the City of Shenzhen, China in addressing carbon emissions and air pollution through the electrification of its urban freight sector. Shenzhen is leading the world in electric vehicle adoption and the details of how it is moving towards 100% electrification can provide lessons for cities around the world.

Utilization of a vehicle is one of the biggest determining factors to wider adoption of electric vehicles in fleet and logistics applications. This report series—Putting Electric Logistics Vehicles to Work in Shenzhen—focuses on understanding the policies, charging infrastructure, technology, and market development advances critical to achieving full utilization of electric logistics vehicles (ELVs).

This report series contains insights based on the lessons drawn from Shenzhen relevant to global leaders, including state and city governments, logistics delivery and retail goods industries, and the financial sector. The key insights from our work relevant to these leaders include:

  • Full logistics electrification is possible. Shenzhen’s experience shows that a rapid transition to the use of EVs in urban logistics is feasible and, with the proper policy framework, vehicle operators will rapidly electrify.
  • Policy must evolve as logistics electrification progresses. As the low-hanging fruit of logistics electrification is picked, policy makers must be prepared to pivot towards harder use cases. Being able to dynamically adjust policy to the needs of distinct market segments as they electrify is critical to success.
  • Growing an ELV fleet is a necessary but insufficient condition for logistics electrification. Policy makers often set EV targets in terms of share of sales or share of fleet. Getting EVs into the hands of operators is the first step in full logistics electrification. Cities must also ensure that ELVs are able to displace the use of fossil fuel vehicles.
  • Encourage innovation and entrepreneurialism in the supporting ecosystem. Cities and the financial sector can support innovation in multiple ways, including engaging with industry to support innovative pilots that support proof-of-concept for new approaches to logistics electrification.

To read the full report, visit RMI website at:
https://rmi.org/insight/putting-electric-logistics-vehicles-to-work-in-shenzhen/

 

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SERVICE ROBOTS Record: Sales Worldwide Up 32% – International Federation of Robotics reports

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FRANKFURT, Germany, Oct. 28, 2020 — Sales value of professional service robots increased by 32% to 11.2 billion U.S. dollars worldwide (2018-2019). The COVID-19 pandemic will further boost the market. High demand for robotics disinfection solutions, robotic logistics solutions in factories and warehouses or robots for home delivery are examples of this trend. This is according to World Robotics 2020 – Service Robots report, presented by the International Federation of Robotics (IFR).

Worldwide Sales Value Of Professional Service Robots Increased By 32%
Worldwide Sales Value Of Professional Service Robots Increased By 32%

In terms of value, the sales of medical robotics accounts for 47% of the total professional service robot turnover in 2019. This was mainly driven by robotic surgery systems, which are the most expensive type in the segment. Sales hit a new record of 5.3 billion U.S. dollars – up 28%. By 2022, medical robot sales have the potential to more than double by reaching 11.3 billion U.S. dollars. About 90% of medical robots are from American and European suppliers.

Professional Service Robots – logistics

The market value of logistics robots sold or leased was up 110% to 1.9 billion U.S. dollars.

Autonomous mobile robots are part of today’s smart factory. Therefore, a continued strong turnover growth of 40% or more per year seems possible. "The investment in service robots for logistics in manufacturing processes is amortized rapidly," says IFR President Milton Guerry. "Assuming 24 hour operation, the investment in service robots for logistics may be repaid within 2–3 years and often much quicker. Given a 15 year lifetime, operating costs are around 5% of the annual investment. Highly developed systems often provide operational availability in the 98% plus range."

Personal and Domestic Service Robots

Service robots for personal and domestic use, which are produced for a mass market, are mainly in the areas of household robots. This include vacuuming and floor cleaning robots, lawn-mowing robots or entertainment robots. The total number of service robots for personal and domestic use increased by 34% to more than 23.2 million units sold in 2019. The value was up 20% to 5.7 billion U.S. dollars.

"We expect sales of both professional and personal service robots will continue to increase strongly," says Milton Guerry, President of the International Federation of Robotics. 

Files for Download

Please find the FULL PRESS RELEASE version here: https://ifr.org/ifr-press-releases/

Follow IFR LinkedIn: https://www.linkedin.com/company/international-federation-of-robotics/

Press contact

econNEWSnetwork
Carsten Heer
phone +49 (0) 40 822 44 284
E-Mail: press@ifr.org

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PR Newswire

Bitauto Announces Shareholders’ Approval of Merger Agreement

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BEIJING, Oct. 23, 2020 — Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services for China’s automotive industry, today announced that at an extraordinary general meeting held today, the Company’s shareholders voted in favor of (i) the proposal to authorize and approve the previously announced agreement and plan of merger, dated as of June 12, 2020 (the "Merger Agreement"), by the Company, Yiche Holding Limited ("Parent"), and Yiche Mergersub Limited ("Merger Sub"), pursuant to which Merger Sub will merge with and into the Company, with the Company continuing as the surviving company and becoming a wholly owned subsidiary of the Parent (the "Merger"), (ii) the plan of merger required to be filed with the Registrar of Companies of the Cayman Islands (the "Plan of Merger"), and (iii) the consummation of the transactions contemplated by the Merger Agreement and the Plan of Merger, including the Merger.

Approximately 88.9% of the Company’s total ordinary shares outstanding as of the close of business in the Cayman Islands on the share record date of October 9, 2020 voted in person or by proxy at the extraordinary general meeting. Each shareholder has one vote for each ordinary share. Of the ordinary shares voted at the meeting, approximately 99.9% voted in favor of the Merger Agreement, the Plan of Merger and the transactions contemplated thereby, including the Merger.

Completion of the Merger is subject to the satisfaction or waiver of the closing conditions set forth in the Merger Agreement. The Company will work with the other parties to the Merger Agreement towards satisfying the closing conditions and complete the Merger in a timely manner. If and when completed, the Company will become a private company and its American depositary shares will no longer be listed or traded on any stock exchange.

About Bitauto Holdings Limited

Bitauto Holdings Limited (NYSE: BITA) is a leading provider of internet content & marketing services, and transaction services for China’s automotive industry. Bitauto’s business consists of three segments: advertising and subscription business, transaction services business and digital marketing solutions business.

Bitauto’s advertising and subscription business provides a variety of advertising services to automakers through the bitauto.com website and corresponding mobile apps which provide consumers with up-to-date automobile pricing and promotional information, specifications, reviews and consumer feedback. Bitauto also provides transaction-focused online advertisements and services for promotional activities to its business partners, including automakers, automobile dealers, auto finance partners and insurance companies. Bitauto offers subscription services via its SaaS platform, which provides web-based and mobile-based integrated digital marketing solutions to new car automobile dealers in China. The SaaS platform enables automobile dealer subscribers to create their own online showrooms, list pricing and promotional information, provide automobile dealer contact information, place advertisements and manage customer relationships to help them reach a broad set of purchase-minded customers and effectively market their automobiles to consumers online.

Bitauto’s transaction services business is primarily conducted by its controlled subsidiary, Yixin Group Limited (SEHK: 2858), a leading online automobile finance transaction platform in China, which provides transaction platform services as well as self-operated financing services.

Bitauto’s digital marketing solutions business provides automakers with one-stop digital marketing solutions, including website creation and maintenance, online public relations, online marketing campaigns, advertising agent services, big data applications and digital image creation.

For more information, please visit ir.bitauto.com.  

Safe Harbor Statement

This press release contains statements that express the Company’s current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results and therefore are, or may be deemed to be, "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (the "Act"). These forward-looking statements can be identified by terminology such as "if," "will," "expected" and similar statements. Forward-looking statements involve inherent risks, uncertainties and assumptions. Risks, uncertainties and assumptions include: uncertainties as to how the Company’s shareholders will vote at the meeting of shareholders; the possibility that competing offers will be made; the possibility that financing may not be available; the possibility that various closing conditions for the transaction may not be satisfied or waived; and other risks and uncertainties discussed in documents filed with the SEC by the Company, as well as the Schedule 13E-3 transaction statement and the proxy statement filed by the Company. These forward-looking statements reflect the Company’s expectations as of the date of this press release. You should not rely upon these forward-looking statements as predictions of future events. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

Suki Li
Bitauto Holdings Limited
Phone: +86-10-6849-2145
ir@bitauto.com

Philip Lisio
Foote Group
Phone: +86-10-8429-9544
bitauto@thefootegroup.com

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PR Newswire

Xinhua Silk Road: Annual Conference of Financial Street Forum 2020 held to craft four platform functions to sharpen global influence

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BEIJING, Oct. 23, 2020 — The Annual Conference of Financial Street Forum 2020, which opened on Wednesday and lasts till Friday, is crafted as a flagship international event characterized by four platform functions to sharpen its global influence.

Chinese Vice Premier Liu He, also a member of the Political Bureau of the Communist Party of China Central Committee, attended the opening ceremony of the Annual Conference of Financial Street Forum 2020 in Beijing, capital of China, Oct. 21, 2020.
Chinese Vice Premier Liu He, also a member of the Political Bureau of the Communist Party of China Central Committee, attended the opening ceremony of the Annual Conference of Financial Street Forum 2020 in Beijing, capital of China, Oct. 21, 2020.

Themed on "Financial Cooperation and Reform under Global Changes", the annual conference aims to form itself as platforms for China’s participation in global financial governance, global financial industry communications and cooperation, interaction between financial sector and the real economy and national financial policies releasing.

This year, parallel forums are divided into four sections including financial cooperation and reform, financial services and development, financial opening and financial market, financial technology and innovation, centering upon 25 sessions.

The annual conference is jointly organized by the People’s Government of Beijing Municipality, the People’s Bank of China (PBOC), Xinhua News Agency, China Banking and Insurance Regulatory Commission (CBIRC), China Securities Regulatory Commission (CSRC) and the State Administration of Foreign Exchange (SAFE).

PBOC hosts two keynote sub-forums under the annual conference and will release financial technology (fintech) development indicators to shape a set of scientific, quantifiable and comprehensive sector development appraisal standards applicable in China or even in the world.

Xu Yuchang, chairman and president of China Economic Information Service (CEIS) of Xinhua News Agency said the parallel forum themed on "Belt and Road Cooperation in the New Financial Landscape" is organized by Xinhua News Agency and implemented by CEIS. The Belt and Road Initiative is an important move of China to widen opening-up and share fruits of development with the world and has aroused wide attention from the international community. The parallel forum has attracted representatives from financial institutions, enterprises and research institutes to register for participation.

CSRC organizes two parallel forums of the annual conference and four sessions including capital market basic rules and ecology construction, building world class investment banks and wealth management institutions, small- and medium-sized enterprises development and high efficiency in direct financing, and deepening reform on the "new third board" to better serve the real economy.

SAFE undertakes hosting work of keynote sub-forums on cross-border capital flow and opening of RMB capital account of higher level and discussions over capital account convertibility, cross-border capital flow and financial risk prevention are carried out on the sub-forums.

https://en.imsilkroad.com/p/316982.html

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PR Newswire

5G+, By All for All

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Guangzhou will witness the 2020 World 5G Convention on November 26

GUANGZHOU, China, Oct. 23, 2020 — This article was written by the World 5G Convention Organizing Committee(reported by Science and Technology Daily):

The 2020 World 5G Convention, co-hosted by the People’s Government of Guangdong Province of the PRC, National Development and Reform Commission of the PRC, Ministry of Science and Technology of the PRC, and Ministry of Industry and Information Technology of the PRC, will be held in Guangzhou from November 26 to 28. The theme of the Convention is "5G+ By All for All ".

On March 4, a meeting of the Standing Committee of the Political Bureau of the CPC Central Committee emphasized to speed up the construction of new infrastructures such as 5G networks and data centers. When General Secretary Xi Jinping visited Zhejiang, Shaanxi and other places this year, he successively gave important instructions on accelerating the construction of new infrastructure such as 5G.

With the deepening of a new round of global technological revolution and industrial transformation, 5G has become a priority development area in the world’s digital economy development strategy. According to the prediction of the Global Association for Mobile Communications Systems, by 2024, there will be nearly 1.2 billion 5G users worldwide. China Academy of Information and Communications Technology predicts that the cumulative investment in China’s 5G network construction is potential to reach RMB 1.2 trillion by 2025. It will fuel the upstream and downstream industrial chain and application investment in various industries to exceed RMB 3.5 trillion. From 2020 to 2025, China’s 5G commercial use will indirectly drive the total economic output of about RMB 24.8 trillion. 

The World 5G Convention is the world’s first international event in the 5G field, and it was held in Beijing for the first time in 2019. The Convention gathered experts and scholars as well as business executives from all over the world to conduct in-depth discussions centering on the theme of "5G – Change the World, Create the Future". Here is the list of the participants of the opening ceremony: Cai Qi, a member of the Political Bureau of the CPC Central Committee and Secretary of the CPC Beijing Municipal Committee; Wang Yong, State Councilor; Wang Zhigang, Minister of Ministry of Science and Technology of the PRC; Miao Wei, former Minister of Ministry of Industry and Information Technology of the PRC; and Lin Nianxiu, Deputy Director of the National Development and Reform Commission of the PRC. It fully embodies the high attention the Party and state leaders pay to 5G development.

The 2020 World 5G Convention will be held in Guangzhou, where it will gather important and influential scientists in the global information and communication field, world-renowned 5G service providers, and 5G industry application providers to conduct exchanges and discussions on cutting-edge technologies, industry trends, and innovative applications in the 5G field. The Convention will fully reflect the traction of 5G in the world’s new economic form and the importance of 5G in the new dual-cycle development pattern and highlight that 5G promotes the upgrading of traditional industries and a new digital life, "smartly benefits", demonstrating the role and value of 5G industry empowerment to the world.

According to the introduction released by the Organizing Committee of the World 5G Convention, the Convention will be held in a new click-and-mortar way, consisting of an opening ceremony, a main forum and summit forums. 5G and Media Industry Transformation Forum as well as 5G and Digital Life New Consumption Forum will be firstly held on November 25. The opening ceremony and the main forum will be held in the morning on November 26. Summit forums will be held successively from the afternoon on November 26 to 27, including Digital Economy Led by 5G and Sustainable Development Forum, 5G and the Greater Bay Area Development Forum, The 3rd AI & I Guangzhou International Summit 2020, 5G and Industrial Internet Forum, 5G and Public Health & Healthcare Forum, 5G and Smart Transportation Forum, 2020 International Seminar on Future Information Communication Technologies and Strategies, and so on. Extensive discussion will be made under different themes and in diverse fields.

During the Convention, an exhibition with an area of about 12,000 square meters will be held from November 26 to 28, displaying new life, new industries, new technologies and other themes. The interactive display space will be built around social production activities, including family life, health care, financial consumption, social communication, education and entertainment, transportation and logistics, production and manufacturing, urban management and other 5G application service scenarios. The exhibition will focus on displaying the outstanding cases of 5G applications so far, highlighting the achievements of 5G benefiting the public and empowering industries. Visitors can experience 5G smart life applications in person, have in-depth experience of the promotion of 5G to industrial production, and have a comprehensive understanding of the new technologies, new products in upstream and downstream of the 5G industrial chain.

In the Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area issued by the Central Committee of the CPC and the State Council in February 2019, it is clearly stated that we should promote the new-generation information technologies and develop them into new pillar industries, and foster a number of major industrial projects in key areas such as new display technologies, new-generation communication technologies, 5G and mobile Internet.

As one of the organizers of the Convention, Guangdong province has been actively promoting the development of 5G industrial application. In 2019, Guangdong Province issued the Guangdong Provincial Action Plan for Accelerating the Development of 5G Industry (2019-2022), specifying the goal and direction for the development of 5G industry. As one of the first 5G pilot cities in China, Guangzhou attaches great importance to seizing the opportunity for the rapid development of 5G, accelerating the cultivation of new business types, new economies and new momenta, and creating new momentum led by science and technology, so as to provide important support for Guangzhou to realize the goal of "old city, new vitality". The Convention will explore the new starting point, new directions and new opportunities of 5G combining the development trend of the Guangdong-Hong Kong-Macau Greater Bay Area and taking account of the commercial implementation process, promote the integration of 5G into all industries, and link all things to benefit the public, and empower the construction of the Greater Bay Area.

The registration channel for participating the 2020 World 5G Convention and the exhibition is now open. For details, please refer to the official website of the Convention www.w5gc.com.

PR Newswire

G20 Saudi Secretariat Announces Digital Summit to Discuss Inclusive Growth in Aftermath of Covid-19

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RIYADH, Saudi Arabia, Oct. 21, 2020 — The Ministry of Investment of Saudi Arabia and the Saudi Secretariat as part of the international Conference program announces a four-day digital event series to explore how businesses, governments and citizens can drive opportunities for inclusive growth through regulation, new technologies and long-term strategic approaches in the aftermath of the Covid-19 pandemic.

Titled ‘A New Framework For Inclusive Growth’ and hosted by FT Live, the series will feature influential speakers from the worlds of business, politics and policy, interviewed by FT writers.

The series, taking place on 21, 22, 28 and 29 October 2020, will examine:

  • How the financial sector can be used for inclusive growth in both developed and emerging markets;
  • The role of policy, regulation and taxation in promoting national and international growth and stability;
  • The role of the digital economy in promoting inclusive growth – how smart cities and digital health and education can provide opportunities for all;
  • How changing global trade relationships are impacting the business environment for micro-, small- and medium-sized enterprises (MSMEs), and what can be done to support them.

Speakers include:

  • Baroness Catherine Ashton, Former EU Commissioner for Trade and Former High Representative of the Union for Foreign Affairs and Security Policy
  • Ann Cairns, Executive Vice Chair, Mastercard
  • Angel Gurria, Secretary General, OECD
  • Sir Chris Hohn, Founder and Managing Director,  TCI
  • Shameel Joosub, CEO, Vodacom Group
  • Mukhisa Kituyi, Secretary General, UNCTAD

The series will be live streamed and delegates can participate on an interactive event platform. A full recording of the event will be available afterwards at globalsummitseries.live.ft.com