Tag Archives: TLS

Huawei: Advanced Connectivity, Boost Growth

BANGKOK, Oct. 28, 2022 /PRNewswire/ — During UBBF 2022, Mr. Simon Lin, Senior Vice President of Huawei and President of Huawei Asia-Pacific Region, delivered a keynote speech entitled “Advanced Connectivity, Boost Growth”. In the speech, he set out a roadmap for how operators can unleash the full value of connections in home and enterprise scenarios and how green networks can underpin the green development of various industries.

Simon Lin, Senior Vice President of Huawei and President of Huawei Asia-Pacific Region
Simon Lin, Senior Vice President of Huawei and President of Huawei Asia-Pacific Region

Home setting: A smart home entry is built for gigabit broadband connections to achieve business monetization in home connection scenarios.

The upgrade of home networks and emergence of new services such as live streaming at home pose new requirements on gigabit broadband. Coupled with gigabit broadband, new services can provide users with diversified experiences, create new home network business models for operators, and enable connection monetization. Simon Lin introduced three ways to monetize home network connections:

  • Gigabit to Home: Fast and large-scale deployment of optical fibers lays the foundation for operators to build a positive business cycle. Deploying optical fibers on a large scale can effectively reduce the cost per line and enable operators to launch gigabit services with higher average revenue per user (ARPU).
  • Gigabit to Room: Huawei’s fiber to the room (FTTR) all-optical solution effectively addresses the challenge that only 100 Mbps bandwidth is available upon the subscription of gigabit to home, ensuring gigabit connections in each room. This solution also provides remote home network configuration and O&M capabilities to reduce operators’ maintenance costs by more than 50%. Good network and service experiences can ensure operators’ solution sales at a premium rate.
  • Gigabit + Services: Operators can combine gigabit home networks with new services, such as providing scenario-specific broadband services, binding Internet services, and binding smart home device services. In this way, each new service can increase the ARPU of broadband services. Currently, operators have just begun to put into practice and expand new services based on optical fiber home networks, and the potential for further exploration in the future is limitless.

Enterprise setting: A connection entry is built for the digital transformation of enterprises to monetize their private lines and networks.

The digital transformation of traditional industries calls for connectivity upgrades. A variety of industries have different requirements for connectivity, driving operators to provide diverse enterprise network connection solutions. Currently, more and more enterprise services are migrating to the cloud, allowing operators to expand their business space. Simon Lin noted that operators can monetize enterprise-oriented connections in three ways:

  • Bandwidth upgrade for private line services: Enterprise private lines are a high-value market for operators and can be used for covering campus networks and enterprise data center networks. The private line bandwidth is upgraded from Gbps to 10 Gbps to offer high-quality connections in and out of campuses and data centers.
  • Scenario-specific differentiated solutions: Enterprises’ digital transformation requires diverse network connection services. Operators can provide scenario-specific private lines to increase revenues. For example, they can provide ultra-high-bandwidth private lines for the media industry, and millisecond-level low-latency private lines as well as security cloud services for securities companies.
  • Upgrade from private lines to private networks: As many enterprise branches need to access multiple clouds, N x N private lines are required. Operators can use multi-cloud backbone and network slicing technologies to upgrade private lines to private networks, providing deterministic network assurance for enterprises.

Green solution: All-optical, simplified, and intelligent green networks enable the green development of various industries.

According to Simon Lin, Huawei is cooperating with operators to help the International Telecommunication Union-Telecommunication Standardization Sector (ITU-T) formulate standards and jointly define the network carbon intensity energy (NCIe) indicator system. 

“A sculpture lies hidden within a marble block, but only the greatest artist can set it free,” said Simon Lin, pointing out that operators have inherent network advantages in connectivity and will bring unlimited interconnection value to the world if their connectivity capabilities are fully unleashed. He also stated that Huawei will continue to explore connectivity technologies and solutions with customers and partners, and work with operators to promote business growth.

NetGain Systems continues to grow and evolve its Portfolio with the announcement of its Observability suite of solutions

SINGAPORE, Oct. 26, 2022 /PRNewswire/ — NetGain Systems is pleased to announce its Observability suite of solutions, available both On-Prem and as-a-Service, that enables organizations to understand what is happening in and to their IT infrastructure.

Incorporating and underpinned by a new Artificial Intelligence for Operations (AI Ops) feature, NetGain’s Observability suite brings its IT Monitoring and Security Management solutions to the next level, whereby organizations will not only know how to respond to IT issues and prevent them from occurring, but also gather insightful data to improve service levels and achieve operational excellence.

Observability suite – Key Highlights

NetGain’s Observability suite is built upon the solutions in NetGain’s IT Monitoring and Security Management portfolio. These solutions have been incorporated into the Observability suite’s modular framework, whereby users can select various areas for observation from the following solutions:

  • Infrastructure Monitoring
  • Log Analytics
  • Security Analytics
  • Application Performance Management (APM)
  • Network Traffic Analytics (NTA)
  • Network Configuration Management (NCM)

A key element of the Observability suite is its Artificial Intelligence for Operations (AI Ops) feature, which together with Synthetic Monitoring and Dashboard 2.0 is being launched with the Observability suite.

AI Ops forms the bedrock of the Observability suite. By using AI to correlate metrics, logs and traces from across different sources in the IT infrastructure, users have full stack observability with actionable and timely insights into their IT operations. AI Ops is also used for:

  • Forecasting – estimating when a problem will arise, for example, due to insufficient resources
  • Outlier detection – identifying resources behaving differently from other similar resources
  • Anomaly detection – identifying resources behaving differently from its usual behavior

Synthetic Monitoring helps users ensure the continued and consistent performance of their applications. Users can create a simulated user transaction for an application that will be executed according to a preset schedule. The application would be monitored for functionality, availability and performance when the simulated user transaction is executed, and users will be alerted should it be found to be impaired when measured against expected SLAs.

Dashboard 2.0 provides users with a high-level view of the operating status of the various resources in the IT infrastructure. It displays live key performance data in easily understood tables, charts and graphs, and allows queries to be made and their results shown, making it ideal for use in on-screen displays in a Network Operating Center or with management staff.

Other changes made to the NetGain solution portfolio, which have also been incorporated into the Observability suite, include improvements to SIEM threat rules and data administration, the inclusion of cloud native service metrics, and the development of SaaS backend operations.

What has not changed is the ease-of-use which NetGain is noted for, where the solutions in the Observability suite have been designed to be easily deployed and operated by organizations with small IT departments. And to make it even easier, organizations can opt to have the Observability suite as a SaaS deployment instead of On-Prem.

James Chia, CEO of NetGain Systems:

“We are excited to announce our Observability suite. Enterprises have accelerated their investments into digital transformation over the past few years, making IT even more mission critical. NetGain’s Observability suite, and in particular AI Ops, will significantly help our clients improve their operations and user experience.  

This announcement extends NetGain’s proven track record of innovation in the IT monitoring space.  We remain committed to assisting our clients achieve operational excellence while anticipating their future technology requirements for many years to come.”

Giam Kai Boon, Director of Data Connect Technologies:

“As Singapore’s leading ICT solutions provider, Data Connect is excited to include NetGain’s Observability suite in our solution offerings. NetGain’s Observability suite will especially strengthen our MSP service offerings to our customers in Singapore and the region, allowing us to better manage their ICT operations and provide them with relevant insights on optimizing their use of ICT.” 

Availability

NetGain’s Observability suite is available immediately, for both On-Prem and SaaS deployments. Existing NetGain IT Monitoring and Security Management customers wishing to move to the Observability suite can do so by upgrading their NetGain EM (Enterprise Manager) to v12.

About NetGain Systems:

Founded in 2002, NetGain Systems is a pioneer in the IT monitoring business, and continues to develop its business as it evolves from IT monitoring to IT observability. It has established local teams throughout the Asia Pacific Region, including Australia, China and Singapore.

Regardless of location, type, size, or complexity, our solutions give our customers the power to observe their IT infrastructure, services, applications and devices with ease, all from a single management dashboard, to achieve operational excellence with reduced complexity and gain useful insights to improve business outcomes. By understanding that every organization’s IT environment is different, NetGain’s dynamic solutions are designed to be highly adaptable, fitting the unique demands of your operating environment and evolving with your growing organization.

For more information, please contact info@netgain-systems.com or visit https://www.netgain-systems.com/.

Global Times survey: Chinese youngsters more confident, objective facing the West

By GT staff reporters

BEIJING, Oct. 24, 2022 /PRNewswire/ — More Chinese youngster agreed that China can look at the West from an equal position. But there are also a notable part of them who acknowledge that China still lags behind the West in some aspects such as technologies, social welfare and film and television industries, and call for enhanced exchanges with Western countries, according to a latest survey of the Global Times Research Center. 

The results showed that nowadays Chinese youngsters are growingly confident in their own country given China’s magnificent achievements, but meanwhile they also have a very objective and clear understanding that the major gap between China and the West lies in the field of ideology. To achieve the long-term development goal, China still needs to continue efforts and learn and cooperate with the West in various fields, analysts said.

Being confident while also acknowledging our own shortcomings, this is in fact a higher level of confidence, Yang Xiyu, a senior research fellow at the China Institute of International Studies, told the Global Times.

The West in this survey includes the US, member nations of the European Union, the UK, Japan, Australia, Canada and New Zealand.

The survey was conducted in September and October, covering 1,655 youngsters aged 14-35 from 110 Chinese cities.

The survey showed that nearly 65 percent of the respondents agreed that now China can look at the West from an equal position, with two main reasons that “it is the natural result of China’s continuous development and strengthening” and “China plays a prominent role in the international arena and should be more confident.” Some of the group agreed that China and the West have their own advantages in different fields and can learn from each other.

This generation of young people grew up in an age when China began to accumulate capacity. They have witnessed the process of China’s rapid progress to a modernized state, and have enjoyed the benefits of modernization, Chinese analysts said.

Despite the confidence, Chinese youngsters are aware that China still has a long way to exceed the West in many other fields and achieved its long-term development goal.

According to the survey, 2.5 percent of the respondents warned that “there is still an obvious gap between China and the West, so we should not be blindly overconfident.”

In specific fields, 24.5 percent of the respondents agreed China still lags behind the West in technologies; 22.6 percent thought China is behind the West in social welfare and 16.6 percent thought we lag behind the West in film and television industry.

About 37 percent of the respondents called for strengthening exchanges and communications with the West via social media platform; 31.8 percent called on more cooperation in environment protection and 31.1 percent called for expanded trade and investment.

The younger generation in China has shown confidence in viewing the West, and they can also see some of our own shortcomings, and I think admitting our own shortcomings is a higher level of self-confidence, analysts said.

Having the courage to admit inadequacies and face up to the gaps are actually an important part of strategic self-confidence. In other words, self-confidence includes not only challenging competitors, but also valuing competitors and facing them squarely, analysts noted.

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China.org.cn: What is the “Chinese path to modernization”?

BEIJING, Oct. 21, 2022 /PRNewswire/ — A news report by China.org.cn on the 20th National Congress of the Communist Party of China:

Lately, the 20th National Congress of the Communist Party of China (the Congress) has opened. This meeting is being convened at a critical time as China embarks on a new journey to build itself into a modern socialist country in all respects. One of the key takeaways is the proposal of advancing the rejuvenation of the Chinese nation on all fronts through a Chinese path to modernization.

This is a key takeaway because it represents more than just a goal for China’s development in the new era; it clearly points out the path that China, the world’s most populous country, chooses to take towards modernization and national rejuvenation.

Firstly, Chinese modernization pursues not only “prosperity”, but also “common prosperity for all”. China’s rapid economic growth in the over 40 years of reform and opening-up has enabled the basic needs of the Chinese people to be largely met. After persistent hard work in the recent decade, close to 100 million poor rural residents have been lifted out of poverty; the issue of absolute poverty in China has been once and for all resolved, and the dream of building a moderately prosperous society has been achieved. The report to the Congress has once again highlighted the importance of advancing rural revitalization across the board; improving the system of income distribution, implementing the employment-first strategy, and improving the social security system including elderly care, medical care and housing, so as to substantially grow the middle-income group as a share of the total population, guarantee equitable access to basic public services, and ensure modern living standards of living in rural areas by 2035. China has included the pursuit of common prosperity for all in its journey of modernization.

Secondly, Chinese modernization is one of material and cultural-ethical advancement, of harmony between humanity and nature. China pursues significant increase in economic strength, scientific and technological strength, and comprehensive national strength, while stressing the importance of advancing the “Beautiful China” initiative, accelerating the transition to a model of green development, and working actively and prudently toward the goals of reaching peak carbon emissions and carbon neutrality. China also underscores the improvement and development of whole-process people’s democracy, enrichment of the people’s cultural lives and so on. The path China chooses is one of more comprehensive, sustainable and high-quality development.

What’s more, China does not achieve modernization through colonization or invasion, nor will it seek hegemony or expansion in the future. Chinese modernization is one of peaceful development. In my opinion, the core lies in “openness”, “cooperation” and “sharing”. China keeps its door open, builds the “Belt and Road” with other countries, and strives to promote trade and investment liberalization and facilitation; it is committed to supporting and assisting other developing countries in accelerating development, and to building a human community with a shared future. The modernization process of China is also part of the journey of humanity’s common progress and development.

For centuries, countries all around the world have been exploring and striving for modernization. Building China into a great modern socialist country in all respects and realizing the rejuvenation of the Chinese nation is a wish of the Chinese people. China’s path to modernization featuring common prosperity and all-round, coordinated and peaceful development creates a new form of human advancement, which will contribute to building an even better world.

China Mosaic
http://chinamosaic.china.com.cn/index.htm

What is the “Chinese path to modernization”?
http://www.china.org.cn/video/2022-10/21/content_78479362.htm

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Veritas Introduces Veritas Alta: The Industry’s Most Comprehensive Cloud Data Management Platform


Empowers customers to accelerate their transition to cloud without sacrificing control over data protection, application resiliency, or data compliance

SINGAPORE, Oct. 20, 2022 /PRNewswire/ —  Veritas Technologies, a leader in multi-cloud data management, today advanced its Autonomous Data Management strategy with the launch of Veritas Alta, a cloud data management platform that helps enterprises transition mission-critical workloads to the cloud. Alta harnesses the benefits of the cloud to reduce costs, strengthen ransomware resiliency, and ensure data is protected, available, and compliant. Veritas also introduced Veritas Alta View, a cloud-based management console that provides a unified view and control of the entire data estate—across edge, data center, and cloud—from a single pane of glass.


The rise of multi-cloud creates a transformative infrastructure and application development platform for enterprises. However, customers own the security, protection, compliance, and availability of their data within the cloud as part of a shared responsibility model with the cloud service provider (CSP). Tools offered by CSPs deliver basic functionality, but mission-critical applications require enterprise-grade capabilities, optimized cost management and cross-cloud data mobility and visibility.

Andy Ng, Vice President and Managing Director for Asia South and Pacific Region at Veritas said, “In the current hybrid work model, businesses are exposed to regulatory and compliance risks when they lack full visibility of their sensitive and business-critical data that is stored across different locations, with the growing use of cloud services. With more than 30 years in enterprise-class data management innovation, our approach to multi-cloud will help to address the unique needs of the cloud for our customers across the region. Veritas Alta advances our mission to empower customers to own and control their data no matter where it resides—on-prem or in the cloud—while reducing the operational complexity and costs associated with managing multi-cloud environments.”

Veritas Alta: Ultimate Control in the Cloud

Veritas Alta delivers a unified cloud data management platform that provides the broadest array of enterprise-class data services in the industry and brings together the entire cloud portfolio from Veritas.

Veritas Alta focuses on three key areas:

  • Data protection with unmatched ransomware resiliency: Veritas Alta data protection and recovery is powered by Cloud Scale Technology, Veritas’ cloud-native architecture, and provides customers a choice of consumption models, including as-a-Service. It combines automation, artificial intelligence, and an elastic architecture to deliver the most secure, autonomous, and cost-effective cloud data protection available. Together with Alta View, customers can protect and control their data across any environment, on or off premise, through a single pane of glass.
  • Application resiliency that delivers up to five nines availability: Veritas Alta application resiliency brings enterprise-class availability to the cloud, enables application portability across clouds, and optimizes storage consumption at up to 50% less cost and 200% greater performance versus comparable solutions.
  • Data compliance to illuminate and remediate information risks: Veritas Alta data compliance as-a-Service empowers enterprises to capture data from all communication platforms and automate content classification, reducing operational complexity and allowing customers to capture everything, archive anywhere, and discover what matters.

Veritas Alta View: Control Data Anywhere

Veritas Alta View provides a cloud-based management console that allows customers to manage their entire data protection estate, on-prem and in the cloud, from a single pane of glass. Rather than oversee multiple solutions for disparate on-prem and cloud workloads, customers can leverage a single management console for data in any location across multiple domains.

Veritas Alta View integrates the Veritas analytics engine to provide customers with complete reporting, actionable insights, and a full view of their cybersecurity posture across their entire data estate. It harnesses AI and machine learning to drive autonomous data management actions, freeing the IT team to focus on transformational activities. With the Veritas analytics engine, customers have reduced their IT management costs by 90%, and realized a 28% reduction in IT resources consumed in the cloud.

Christophe Bertrand, practice director at Enterprise Strategy Group, said, “Organizations are often confused about their data protection SLAs when they move their data and/or applications to the cloud, and may think that their responsibility to ensure the protection of these digital assets is somehow mitigated or just the vendor’s responsibility.  The reality is much different:  the data is in fact always the organization’s responsibility.  In a multi-cloud environment, which is becoming the norm, this data protection disconnect can easily become exacerbated, in particular when organizations use many different and poorly orchestrated data protection and data management mechanisms.  Limiting the number of standalone, bolt-on solutions is much needed, which is the challenge that Veritas is taking on with its Alta unified management platform.”

About Veritas 

Veritas Technologies is a leader in multi-cloud data management. Over 80,000 customers—including 95 percent of the Fortune 100—rely on Veritas to help ensure the protection, recoverability, and compliance of their data. Veritas has a reputation for reliability at scale, which delivers the resilience its customers need against the disruptions threatened by cyber-attacks, like ransomware. No other vendor is able to match Veritas’ ability to execute, with support for 800+ data sources, 100+ operating systems, 1,400+ storage targets, and 60+ clouds through a single, unified approach. Powered by Cloud Scale Technology, Veritas is delivering today on its strategy for Autonomous Data Management that reduces operational overhead while delivering greater value. Learn more at veritas.com. Follow us on Twitter at @veritastechllc.

GRL Launches Matter Wireless Testing Validation Services


GRL receives Connectivity Standards Alliance accreditation to provide validation testing services for the Matter 1.0 standard

SANTA CLARA, Calif., Oct. 20, 2022 /PRNewswire/ — Granite River Labs (“GRL”),  a global leader in engineering services and test automation solutions for digital connectivity and charging technologies, is among the first labs accredited by the Connectivity Standards Alliance (the Alliance) to provide validation testing services for the new Matter 1.0 standard. GRL’s Matter test services will be provided at their recently-expanded Taipei, Taiwan facility and address wireless products and IoT (Internet of Things) devices for the new smart home technology ecosystem. 

GRL’s Matter services cover hardware solutions, from smart home speakers and smart TVs to light bulbs and switches. GRL also verifies the software used in Matter devices. The accreditation follows GRL’s recent global expansion to meet the growing demand for product evaluation and new testing services.

Described by the Alliance as “the foundation for connected things,” the new open-source Matter 1.0 standard enables compatible smart home devices and systems to connect seamlessly, securely and reliably. A unifying, IP-based connectivity protocol, Matter is an application layer built on top of proven technologies such as Wi-Fi, Bluetooth, Thread and Ethernet. Testing and certification will play a critical role in fulfilling Matter’s promise of simplifying development for manufacturers and increasing compatibility for consumers. GRL is authorized to help manufacturers ensure that their products comply with Matter 1.0 specifications and are certified to support all the embedded communications technologies.

“Matter is an exciting new technology with the potential to solve a host of interoperability and device-to-device communication problems in smart home and IoT applications,” said Vamshi Kandalla, Chief Strategy Officer of Granite River Labs. “GRL is pleased to be recognized by the Alliance as one of the first laboratories accredited to test and verify products and systems to the Matter standard, and we are committed to cooperating further to support the smooth roll out of this new technology.”

“Matter is built around a shared belief that smart home devices should be secure, reliable, and seamless to use,” said Jon Harros, Head of Certification and Testing Programs for the Connectivity Standards Alliance. “Companies across the Industry, including leaders like GRL, are contributing their expert capabilities and proven best practices to make Matter an outstanding success for developers, retailers and consumers.”

Learn More About Matter Technology at https://csa-iot.org/all-solutions/matter/

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Building an Intelligent Life, 132nd Canton Fair Creates “Virtual Showroom” for Chinese Intelligent Manufacturing

GUANGZHOU, China, Oct. 18, 2022 /PRNewswire/The 132nd China Import and Export Fair (“Canton Fair”), which opened on October 15 as a virtual exhibition, is exhibiting over 140,000 intelligent products from top high-tech enterprises. As a trade promotion platform, the Canton Fair has created a “virtual showroom” to showcase the latest achievements of China’s intelligent manufacturing and innovative technologies that are building a better, more intelligent life for everyone.

Wuhan Linptech Co., Ltd. (“Linptech”) is highlighting a series of innovative products, including self-powered wireless smart switches and doorbells, human body sensors and magnetic sensors for doors and windows. These new products were created with the company’s self-developed Linptech wireless protocol, which meets the super-low power consumption requirements of micro kinetic energy generation and ensures the stability and reliability of information transmission as well as the robustness under complex conditions to achieve passive and wireless two-way communication.


“We are witnessing the significant rise in the status of Chinese manufacturing in the global value chain. Linptech has tackled the core technologies and owns multiple patents for inventions at home and abroad, aiming to providing reliable and convenient products and solutions for smart homes and buildings.” said Ms Liao Xiaohui, Sales Manager of Linptech. “The Canton Fair is now a much more diverse and inclusive platform where we are meeting buyers of all scales, from large importers to small shop owners, and the combination of online and offline exhibition has breakthrough the limitation of space and time.”

Guangdong Roule Electronics Co., Ltd. (“Roule”) is highlighting its motion solar security light that helps users look after their house. The lamp supports remote real-time monitoring and video full-duplex intercom. When human movement is detected in the night, it automatically lights up and sends an alarm video to the cellphone. The security lamp is powered by solar energy and detects ambient light conditions so that during the day it only sends real-time alarm video without turning on the light.

From smart switches to full home automation, intelligent technologies are now entering more households, and small appliances are becoming smarter. The Canton Fair is following the latest trends and provides a platform for companies that not only introduce the latest innovative achievements but also inspire continuous innovations that will provide a competitive advantage and lead the trend.

For more information and opportunities, please register https://www.cantonfair.org.cn/en-US/register/index?utm_source=rwyx#/foreign-email or contact caiyiyi@cantonfair.org.cn

36Kr Enterprise Service Review Platform Enters into Strategic Marketing Collaboration with Lenovo Group

BEIJING, Oct. 17, 2022 /PRNewswire/ — 36Kr Holdings Inc. (“36Kr” or the “Company”) (NASDAQ: KRKR), a prominent brand and pioneering platform dedicated to serving New Economy participants in China, today announced that its Enterprise Service Review Platform has entered into strategic cooperation with Lenovo, a renowned Fortune Global 500 Company. 36Kr will provide in-depth marketing services designed to empower Lenovo’s business unit targeting small- and medium-sized businesses (“Lenovo SMB”) with customer acquisition solutions, as well as improve its brand influence.

Under the cooperation, 36Kr will provide a broad array of value-added services, including precise customer acquisition, brand management and interactive marketing, among others. Leveraging its advanced big data analytics, 36Kr Enterprise Service Review Platform will identify effective marketing qualified leads (MQLs) for Lenovo SMB. At the same time, the platform will extend Lenovo’s reach among potential customers through diverse marketing campaigns, such as live streaming events, specialized forums and evaluation reports. Notably, 36Kr and Lenovo jointly created a content channel targeting “specialized, refined, differentiated and innovative” enterprises to enhance Lenovo’s brand influence and empower small- and medium-sized enterprises to expand their businesses. The Lenovo-sponsored channel was launched on 36Kr’s official website in August this year.

Incubated in the latter half of 2020, 36Kr Enterprise Service Review Platform is dedicated to becoming the go-to destination for enterprises to efficiently identify, research and procure SaaS products. To this end, the platform has developed a full set of proprietary marketing solutions, including sales leads acquisition, retention, conversion and marketing campaigns to assist SaaS providers in acquiring customers with precision targeting. Meanwhile, through its accumulated authentic user reviews and comments, the platform also enables buyers to select the best and most appropriate SaaS solutions as they navigate the digital transformation and upgrading process. Notably, 36Kr Enterprise Service Review Platform covers nearly all leading brands as well as many mid-range brands and other widely-known brands in China’s SaaS industry, and has pioneered industry classification standards. Furthermore, as an independent third-party platform, 36Kr Enterprise Service Review Platform continuously improves its product matrix, focusing on its product library, user review library, key influencer database and knowledge graph library in an effort to create a “Magic Quadrant” style research resource for China’s enterprise services industry, while also ensuring the platform’s objectivity, fairness and authority.

Since its establishment, 36Kr Enterprise Service Review Platform has seen rapid growth in its main operating metrics. As of the second quarter of 2022, 36Kr Enterprise Service Review Platform had showcased a total of over 6,600 mainstream SaaS products, spanning enterprise services software across 16 sectors and 200 industries with broad coverage of leading and well-known SaaS brands. More excitingly, the Enterprise Service Review Platform’s monthly active users (MAUs) reached approximately 900,000 during the second quarter, a more than 18-fold increase compared with the same period of last year. The number of authentic reviews climbed 17 times year-over-year to over 32,000, up 56% sequentially, and the number of registered SaaS merchants on the platform also continued to grow, reaching almost 900 to date. On the commercialization front, 36Kr Enterprise Service Review Platform has established business partnerships with a wide range of renowned enterprise software brands, including Volcano Engine, Kingdee, Beisen, Polyv, HiteVision, and EC SCRM.

Mr. Feng Dagang, 36Kr’s co-chairman and CEO, commented, “We are delighted to have established this in-depth strategic marketing collaboration with Lenovo Group. It represents another milestone in our commercialization of our 36Kr Enterprise Service Review Platform, which has rapidly grown into a leading enterprise service platform already serving many renowned SaaS brands in China. Moving forward, we will continue to join hands with China’s leading SaaS service providers to meet the huge digitalization demands of key industries and enterprises, creating more successful benchmark cases and cementing our position as the industry’s flagship platform. We are confident that as we further refine our dynamic service ecosystem, our platform, product and service advantages will compound in tandem, propelling us to the top of this immense market worth hundreds of billions of RMB while further broadening 36Kr’s service boundaries and building a second growth engine for the Company.”

About 36Kr Holdings Inc.

36Kr Holdings Inc. is a prominent brand and a pioneering platform dedicated to serving New Economy participants in China with the mission of empowering New Economy participants to achieve more. The Company started its business with high-quality New Economy-focused content offerings, covering a variety of industries in China’s New Economy with diverse distribution channels. Leveraging traffic brought by high-quality content, the Company has expanded its offerings to business services, including online advertising services, enterprise value-added services, and subscription services, to address the evolving needs of New Economy companies and upgrading needs of traditional companies. The Company is supported by a comprehensive database and strong data analytics capabilities. Through diverse service offerings and significant brand influence, the Company is well-positioned to continuously capture the high growth potential of China’s New Economy. 

For more information, please visit: http://ir.36kr.com.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. 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,” “confident” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. 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 goal and strategies; the Company’s future business development, results of operations and financial condition; relevant government policies and regulations relating to our business and industry; the Company’s expectations regarding the use of proceeds from this offering; the Company’s expectations regarding demand for, and market acceptance of, its services; the Company’s ability to maintain and enhance its brand; the Company’s ability to provide high-quality content in a timely manner to attract and retain users; the Company’s ability to retain and hire quality in-house writers and editors; the Company’s ability to maintain cooperation with third-party professional content providers; the Company’s ability to maintain relationships with third-party platforms; general economic and business conditions in China; possible disruptions in commercial activities caused by natural or human-induced disasters; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law. 

For investor and media inquiries, please contact:

In China:

36Kr Holdings Inc.
Investor Relations
Tel: +86 (10) 5825-4188
E-mail: ir@36kr.com

The Piacente Group, Inc.
Jenny Cai
Tel: +86 (10) 6508-0677
E-mail: 36Kr@tpg-ir.com

In the United States:

The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: 36Kr@tpg-ir.com 

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Source: 36Kr Holdings Inc.

Global Times: The rising way – How did CPC lead China from poverty to xiaokang?

BEIJING, Oct. 16, 2022 /PRNewswire/ — The Communist Party of China (CPC) will convene its 20th National Congress on October 16 to bring China’s development to the next stage. This congress is being held after China has accomplished its first centenary goal of building xiaokang – a moderately prosperous society in all respects by 2021 – and to start the second centenary goal of building a modern socialist country that is prosperous, strong, democratic, culturally advanced and harmonious by 2049.

From the founding of the CPC in 1921, the Chinese people took more than two decades to throw off oppression as a semi-colonial, semi-feudal society and found the People’s Republic of China in 1949. After the launch of reform and opening-up in 1978 and through the continuous efforts of the Chinese people, China experienced the transformation from a huge, poor and backward country in the East into a thriving socialist China.

Today, after having lauded the great achievements that China has made in the past 100 years, the international community is paying close attention to how it will create a new miracle in a more complicated international environment. It is also necessary to review how the CPC has led the Chinese people to accomplish the first goal, as history always carries the secrets of future success.

This is the first installment of the Global Times’ special coverage of the special event.

Jiaxing, a city in East China’s Zhejiang Province, has become a “must-visit” place for many Chinese people, especially in recent days, as the 20th National Congress of the Communist Party of China (CPC) gets set to convene. The red boat that anchors off the bank of the Nanhu Lake in Jiaxing and the story that 13 people representing more than 50 CPC members across China adopted the Party’s program and proclaimed the founding of the CPC on the boat brought visitors back to the CPC’s starting point of leading the Chinese people out of humiliation, poverty and the scourge of war.

The founding of the CPC a hundred years ago was a pivotal event in Chinese history. From the outset, the CPC and the Party members have made the well-being of the Chinese people and the rejuvenation of the Chinese nation its abiding goals.

In October 2017, when the 19th CPC National Congress concluded, the CPC’s newly elected top leadership, headed by General Secretary Xi Jinping, visited Nanhu Lake, where they vowed to stay true to the Party’s original aspiration and founding mission and serve the people. This was Xi’s first domestic trip after the 19th CPC National Congress, and it was also at this congress that China set out a clear timetable and road map to complete building xiaokang — a moderately prosperous society.

On July 1, 2021, at the ceremony marking the centennial of the CPC’s founding, Xi, general secretary of the CPC Central Committee and president of China, declared that China had realized its First Centenary Goal of building a moderately prosperous society in all respects, which means that China has put an end to absolute poverty, and is now marching in confident strides toward the Second Centenary Goal of building a great modern socialist country.

From 1949 to 2021, the city of Jiaxing, where the red boat remains as the physical birthplace of the CPC, together with thousands of other cities across China, witnessed the perseverance of generations of Chinese people, led by the CPC, progressing step by step from a subsistence level of living to piecemeal prosperity, then to moderate prosperity throughout the country. All the stories that have happened in these Chinese cities make up the greater chapter of China’s rise and also revealed the secrets of how the CPC has led the Chinese people to make such achievements.

Starting with an abiding dream

Xiaokang, a term that means moderate prosperity, has carried Chinese people’s desire for a better life and has been a consistent aspiration of the Chinese nation since ancient times. However, for millennia, moderate prosperity remained a dream, and the modern history of China was filled with the bitterness of being reduced to a semi-colonial, semi-feudal society and subjected to terrible external oppression.

With its aspiration and founding mission of seeking happiness for the people and rejuvenating the Chinese nation, the CPC, since its founding in 1921, has united the Chinese people in achieving one success after another. They earned victory in the New Democratic Revolution; founded the People’s Republic of China (PRC) in 1949 and started the socialist construction.

Through accumulating small achievements in various fields in different cities, China eventually built a comparatively sound industrial system out of a war-torn country, laying the foundation for a future economic leap. Strengthening strategic planning and policy design, formulating phased objectives, reviewing experience and summarizing findings in practice are the valuable lessons that the CPC and Chinese people have drawn from the early years of the PRC.

For example, to develop modern industry, agriculture, transportation and defense, from 1953 to 1957, China began to implement its First Five-Year Plan (1953-57). In the 1960s, the CPC also set the goal of achieving the Four Modernizations – modernization of industry, agriculture, national defense, and science and technology – by the end of the 20th century, and devised a two-stage development plan to this end.

As the city of Jiaxing witnessed the founding of the CPC, more cities across China witnessed the rapid development in the first decade after the founding of the PRC. For example, Anshan in Northeast China’s Liaoning Province saw the first batch of melted iron produced in 1949; China’s first steam locomotive was made in Qingdao, East China’s Shandong Province in 1952; the first batch of “Jiefang (Liberation)” homemade trucks came off the production line in 1956 in Changchun, Northeast China’s Jilin Province; the first black and white television was manufactured in North China’s Tianjin in 1958.

Hard work brought achievements. China’s GDP in 1952 was 67.9 billion yuan with per capita GDP at 119 yuan, while in 1978, the GDP increased to 367.9 billion yuan and the per capital GDP in that year was 385 yuan, according to a white paper on China’s xiaokang issued in 2021.

Despite the fundamental changes China had made, it still had a long way to go to catch up with many other countries in the world. China’s per capita GDP in 1949 was only $23, roughly a similar level with neighboring India for about a decade. While the US’s GDP in 1949 was $272.5 billion with the per capital GDP of $1,798.33.

Leaping through opening-up

The year 1978 was a shining year in the history of Chinese people’s struggle to build a better-off society through China’s reform and opening-up. Also, in the early years of reform and opening-up, Deng Xiaoping for the first time used the term xiaokang to present his vision of China’s modernization. The top Chinese leader also set the goal of delivering a xiaokang life for the Chinese people and building a xiaokang society by the end of the 20th century.

By xiaokang, we need to achieve a per capita GNP of $800, Deng elaborated in multiple occasions.

More cities in the country have experienced the launch of the Chinese miracle since 1978, and Shenzhen, bordering Hong Kong, stands out among them.

In July 1979, a huge explosion leveled the mountains in Shekou in southern Shenzhen, firing the “first shot” of China’s reform and opening-up – a path that differed greatly from the planned economic mechanism of the time. The flattened land and scattered earth, which had filled the sea, were used to create infrastructure for China’s first special economic industrial park and marked the prelude of China’s rise as a global economic power that is strong enough to unnerve the US today.

But for pioneers in Shekou, even communicating with the outside world was a big headache, as only people in Beijing and Shanghai were able to make international calls back in 1979.

The central government then “specially approved” 800 automatic exchanges for Shekou, giving the very first special economic zone the ability to make direct calls overseas and initiated 24 national reform firsts. The first joint-stock enterprise, the first joint-stock bank, and the first joint-stock insurance company, were all born out of Shekou, and most of these “firsts” are the normal state of China’s market economy.

Shekou’s experience soon inspired the rest of the country. In August 1980, China approved the establishment of special economic zones in Shenzhen, Zhuhai, and Shantou in South China’s Guangdong Province and Xiamen in East China’s Fujian Province.

In May 1984, China further opened 14 coastal port cities including Tianjin, Dalian in Liaoning, and Yantai and Qingdao in Shandong.

The CPC and the Chinese people have seized the historic opportunities and properly managed the enormous changes. By staying committed to deeper reform and broader opening-up to the world, China has realized the greatest economic and social transformation in contemporary history.

In 1987, Shenzhen had already seen its GDP grow 30 times compared with the figure in 1979. The Shenzhen government also took the lead in introducing the first provisional regulations in the country to encourage scientific and technological personnel to invest in technology patents, management and other elements and set up private technology enterprises.

In the same year, 43-year-old ex-military officer Ren Zhengfei founded Huawei. That’s also when the 111-year-old Ericsson entered China for the first time and participated in the construction of China’s very first mobile communication base station. 

Twenty-two years later, in 2009, Huawei was identified by Ericsson as the “most serious competitor” in mobile systems. The Chinese high-tech giant has now become a world leader in the fifth generation of telecommunications technology, topping the market with a 31percent market share in terms of global telecom equipment revenue in 2020, followed by Ericsson with a 15 percent share.

In 40 years, Shenzhen has grown from a small fishing village with a population of only 30,000 to an international metropolis with a population of over 10 million. Its urban area has expanded from 3 square kilometers to more than 2,000 square kilometers, and with GDP volume swelling 10,000-fold, Shenzhen’s story is seen as a mirror of China’s economic miracle.

By 2021, Shenzhen’s GDP at current prices exceeded 3 trillion yuan ($475 billion), bringing it close to Norway’s GDP of $482.44 billion and far more than the $396.99 billion of Singapore.

In yet another milestone, the Third Plenary Session of the 14th CPC Central Committee in November 1993 approved the decision to establish a socialist market economic system. Hereinafter, a vibrant private sector has risen to prominence.

The small commodity market in Yiwu, a once landlocked county in Zhejiang Province and home to the largest number of the country’s small and medium-sized entrepreneurs, has since grown into the world’s largest wholesale market and the barometer of China’s foreign trade.

Yiwu is now known as the “world’s supermarket” as it is home to 2 million small and medium-sized enterprises. Commodities ranging from toys, socks, hair accessories and festive decorations are sent to more than 200 countries and regions around the world every day.

According to the locals, Yiwu traders dominate global rivals due to their “hard work,  flexibility and willingness to do businesses with lower profits,” which are also believed to be the secret of China’s initial manufacturing success.

The most well-known representative of Yiwu traders is Lou Zhongping, who is often referred to as the “King of Straws” by media outlets for owning one of the world’s largest producers of drinking straws.

Born into an impoverished family of six siblings in Yiwu in 1965, Lou dropped out of school at the age of 14 to eke out a living as an itinerant peddler. At that time, to earn 0.5 yuan, Lou would ride his tricycle for 6 kilometers for delivery.

Starting the low-margin straw business from scratch in the 1990s, Lou’s company now does businesses with the likes of McDonald’s, KFC and Starbucks, becoming one of the world’s largest producers of drinking straws. The company churns out more than 10 billion straws each year for domestic use and export to Japan, Europe and the US.

Lou’s business success also mirrors the shift of global value chains and transnational production lines. China’s manufacturing industry has also become dominant in producing just about anything from commonplace household items to integral pieces in automotive manufacturing.

China’s list of trading partners, which numbered in the 40s in 1978, grew to 231 economies in 2017.

The country’s total value of import and export of goods grew by an annual average of 18.6 percent from 1978 to 2017 to reach 27.8 trillion yuan, accounting for 11.5 percent of the world’s total. In the same period, Chinese exports grew to 15.3 trillion yuan from just 16.8 billion yuan, up on average 19.1 percent year-on-year.

Zhejiang, the province where Yiwu is located, is now one of the country’s most economic prosperous areas along with South China’s Guangdong Province.

In July 2021, Zhejiang was granted a new mission in China’s development – it launched a document detailing the specific plans to develop itself into a common prosperity pilot zone – an integral part of China’s second centenary goal, embarking on a journey that will become an example in the country of how to reduce disparities between regions, urban and rural areas, and incomes.

The miracles in Shenzhen and Yiwu are the epitomes of the quick development of China. China’s GDP increased from 367.9 billion yuan in 1978 to 1,887.3 billion yuan in 1990, 10,028 in 2000 and 41,211.9 in 2010. While its per capital GDP grew from 1978’s 385 yuan to 30,808 yuan in 2010.

Right now, Chinese people enjoy bigger houses, have faster and more comfortable transportation and have full access to daily necessities. Personal incomes have grown steadily, with the average per capita disposable income up from 171 yuan in 1978 to 12,520 yuan in 2010. In turn, the quality of life has improved, with the Engel coefficient of urban residents down from 57.5 percent in 1978 to 31.9 in 2010.

In 2010, China’s per capita GDP tripled from the India’s $1,358. While back in 1978, China’s per capita GDP was only $156, which was far below the US’ of around $10,000 at that time. It was also significantly lower than India’s $206.

In 2010 – the same year China accomplished its 11th Five-Year Plan (2006-10) – China overtook Japan to become the world’s second largest economy, just behind the US, in terms of GDP expressed in dollar terms. Together, all aspects in the Chinese society have experienced fundamental changes with the Chinese people taking a step further to the goal of xiaokang.

Perseverance over generations

At its 18th National Congress in 2012, the CPC announced that China would realize the First Centenary Goal of building a moderately prosperous society in all respects by 2021.

One month after the 18th CPC National Congress concluded, Xi visited Fuping county in North China’s Hebei Province, where the first anti-Japanese invasion base area behind enemy lines was built by the CPC. In Fuping, Xi sent out the mobilization order for the poverty alleviation campaign. Since then, people in the county have worked hard to fight poverty.

Tang Furong, a farmer born in Fuping, has witnessed the changes taking place in his county firsthand. In 1940, Tang left Fuping due to starvation and went to find his uncle in adjacent Shanxi Province. But in 1962, he returned to Fuping. Although life had generally improved by then, Tang and his fellow villagers were striving for a better one.

In 2012, the county was going through remarkable changes. To facilitate poverty alleviation, it was divided into eight areas with local officials taking the lead. Excellent Party members were selected to become Party chiefs in various villages. Together with 62 special teams deployed by the provincial government, they embarked on a journey to eradicate poverty in 209 villages across Fuping.

Teaching villagers to grow edible mushrooms, helping them to apply for loans to build greenhouses, finding investments to boost local tourism and services industries, launching programs to relocate impoverished residents, upgrading local infrastructure… With the help of provincial assistance and the persistence of local residents, Fuping residents’ lives have gradually improved.

Drinking safe water and walking on the newly built roads, residents in Fuping have also enjoyed upgraded grid network and telecommunication services. The per capita disposable income for local villagers grew from around 950 yuan in 2012 to more than 15,600 yuan in 2017. Since 2013, 13 schools were built and 93 schools were upgraded.

On February 29, 2020, 108,100 registered impoverished residents were announced to have escaped poverty, marking a phased victory of poverty alleviation in Fuping. Currently, Tang, who is over 100 years old, is living in a new apartment with endowment insurance and subsidies from the local governments at different levels.

Similar stories of poverty alleviation like those in Fuping happened in every remote area across China since 2012. According to data from a whitepaper the State Council released in 2021, by the end of 2020, all of the 99 million rural poor, and all of the 832 counties and 128,000 villages classified as poor under China’s current poverty line, had emerged from poverty.

The per capita disposable income of rural residents in poor areas reached 12,588 yuan in 2020. This represents a compound annual growth rate of 9.2 percent in real terms from 2013 to 2020, 2.2 percentage points higher than the average growth for rural residents nationwide. Formerly impoverished households now have adequate food, clothing and bedding for every season and all weather conditions. 

In 2020, China’s GDP stood at 102.6 trillion yuan and the per capita GDP was 72,000 yuan.

In February 2021, Xi solemnly declared “complete victory” on eradicating extreme poverty in China. Several months later, at the ceremony on July 1, 2021marking the centennial of the CPC’s founding, the Chinese leader declared that China had succeeded in the first centenary goal of building a moderately prosperous society in all respects through the continued efforts of the whole Party and the entire nation.

Analysts across the world praised these achievements and said that it also showed China’s development is entering a new phase, with a more ambitious goal expected in the next hundred years under the leadership of the CPC.

By reviewing the long journey of poverty alleviation, analysts pointed out that its success in eradicating extreme poverty was based on the principles that it used to achieve the goal for xiaokang – CPC leadership, commitment to time-phased objectives, achieving developments through reforms and opening-up and the persistence and hard work of the Chinese people.

They noted that China’s realization of xiaokang represents the fulfillment of an intermediate target on the way to modernization and national rejuvenation and the CPC and the Chinese people have already embarked on the new journey forward with more history and miracles waiting ahead for the Chinese people to make when pursuing the second centennial goal of building “a modern socialist country that is prosperous, strong, democratic, culturally advanced and harmonious” by 2049.

https://www.globaltimes.cn/page/202210/1277119.shtml

Changhong debuts several new household appliances at the 132nd Canton Fair

  • The key world trade-related event will take place online

GUANGZHOU, China, Oct. 15, 2022 /PRNewswire/ — At the 132nd China Import and Export Fair (Canton Fair) held online and commence on October 15, 2022, Changhong, one of China’s largest consumer electronics and home appliances manufacturers, will showcase a full range of products, including 5G eco-friendly household appliances, Mini LED TVs, Eva model air conditioners as well as Space Pro refrigerators and washing machines. With its technological prowess on the internet of things (IoT), artificial intelligence (AI), big data, and 5G segments, the company will deliver a superior experience to users by providing them with a full suite of innovative and upgraded smart household appliances.

Changhong will make full use of its online platform at the 132nd Canton Fair to launch new products, as well as deploy a VR showroom, a virtual pavilion, and an online live streaming facility. The household appliance maker’s online booth will display products 24/7 while providing a number of services, including supply-demand matching, and online business negotiations, delivering a better experience to buyers. (Visit Changhong’s showroom at: https://www.cantonfair.org.cn/en-US/shops/451692550933632?keyword=&fbclid=IwAR1SwCZbN8tcDUIfA9D1RnzF_TnyrKVQQW_QtDlkd3EUGV-vHbc-mj3HW3c#/)

Changhong debuts multiple new products online

One of the highlights is Changhong’s new Mini LED smart TV that comes equipped with an ultra-thin Mini crystal back panel and the latest quantum dot display technology to deliver superior HDR picture quality, a wide color gamut exceeding 95% and top-notch color accuracy, creating a lifelike viewing experience.

With the latest Android 11 operating system and a 120HZ high refresh rate as well as Motion Estimation, Motion Compensation (MEMC), Changhong’s 98″ large screen TV, the company’s first TV model launched for international markets, effectively addresses jitter and smear associated with high-speed motion pictures.

Changhong’s Eva model, the world’s first air conditioner to support multiple languages and offline voice control, promises a better interactive experience with its support for eight languages alongside voice activation even in locales with no internet access.

Changhong’s impressive exhibits also include Space Pro refrigerators and washing machines that are thinner and smaller in size than comparable products available in the market thanks to the company’s world-leading ultra-thin technology. With a fully upgraded preservation technology, the Space Pro refrigerator series delivers better performance in terms of keeping food fresh by effectively extending the shelf life.

Efforts in expanding sales channels lead to steady growth of Changhong’s international business

Despite the pressure and challenges facing international business in 2022, Changhong widened sales channels while further strengthening its competence in products and technologies as well as its front-end smart manufacturing capabilities. By doing so, it achieved steady growth in three major product lines – TVs, air conditioners as well as refrigerators and washing machines in tandem enhancing its profitability. In particular, the company’s sales revenue of air conditioners showed a year-on-year increase of nearly 40% as of the end of September.

In addition, Changhong has accelerated the build-out of sales channels outside of its home market in China by further expanding its presence in the global e-commerce market. Its high-end smart home appliances brand CHiQ has grown rapidly with products available in over 30 countries worldwide. The brand has also enhanced its competitiveness.

In recent years, Changhong has continued optimizing its business strategy, while further facilitating intelligent manufacturing and upgrading as well as market expansion. The company has also built and consolidated its technological innovation system across the upstream and downstream value chains across multiple sectors, including refrigerator compressors, big data storage, and IoT modules. With a global approach to product development, manufacturing, and business management, Changhong has become a global brand with international visibility.