Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Fintech PR

CGTN: Xi urges Jiangsu to take lead in advancing Chinese modernization

Published

on

okx-ventures-contributes-to-ethereum-mev-solution-shutter-network

BEIJING, July 9, 2023 /PRNewswire/ — President Xi Jinping has called on east China’s Jiangsu Province to take the lead and set an example in advancing Chinese modernization.

Xi, general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, made the remarks during an inspection trip in Jiangsu from Wednesday to Friday.

Lauding the strengths of Jiangsu’s solid industrial foundation, rich scientific and educational resources, sound business environment and huge market size, he urged the province to continue to play an exemplary role in promoting reform, innovation and high-quality development, as well as in contributing to China’s efforts to foster a new pattern of development.

During the trip, Xi visited the cities of Suzhou and Nanjing, and went to places including an industrial park, enterprises, a historic and cultural block, and a science lab. On Friday morning, Xi also heard a work report from the provincial Party committee and the government of Jiangsu.

Modernization of sci-tech

Xi told officials that the key to Chinese modernization lies in the modernization of science and technology.

Efforts should be made to reinforce the principal role of enterprises in innovation, encourage the flow of innovation resources to enterprises, and promote the industrial application of scientific and technological advances, Xi added.

He also called for establishing a basic system to support comprehensive innovation and increasing sci-tech investment through diverse channels and strengthening the legal protection of intellectual property rights.

During his inspection, Xi reiterated the importance of advancing the development of science and technology.

Visiting the Suzhou Industrial Park, Xi emphasized the crucial role of hi-tech parks in achieving self-reliance and self-strengthening in science and technology. He called for deeper integrated development of enterprises, universities, and research institutes, with enterprises taking the lead.

Advertisement

The Chinese president highlighted the importance of fostering new industries and accelerating industrial upgrades by leveraging new technologies. Additionally, he emphasized expanding international cooperation to build world-class high-tech parks that are open and driven by innovation.

When inspecting a 6G comprehensive lab of Purple Mountain Laboratories in Nanjing, capital city of Jiangsu on Thursday afternoon, Xi said that with the rapid advancement of information technology, disruptive technologies can emerge at any moment. He stressed pursuing a pragmatic path of innovation.

He also encouraged young researchers at the Nanjing’s NARI Group Corporation, to make breakthroughs in cutting-edge technologies, thus leading a fulfilling life.

Building a modern Chinese civilization

Building a modern Chinese civilization is essential to advancing Chinese modernization, Xi noted during his meeting with party and governmental officials. He urged Jiangsu to step up the promotion of sectors including science and technology, education and culture.

On Thursday morning, Xi strolled through the Pingjiang Historic and Cultural Block, a site with a rich history spanning over 2,500 years.

He noted that the fine traditional Chinese culture embodies qualities such as resilience, patience, and perseverance, which have become an integral part of the Chinese national spirit.

Xi said that Suzhou has excelled in blending tradition with modernity, simultaneously promoting historical and cultural inheritance and boosting high-tech innovation and high-quality development.

This approach epitomizes the future of development, he added.

Ensuring people’s livelihoods

Advertisement

Xi also demanded accelerated efforts to establish a well-rounded social security system, improve employment promotion mechanisms and public services to boost employment.

He called for better ensuring the employment of key groups.

On workplace safety, Xi said safety overhauls must be carried forward to curb serious and major accidents.

Xi called for vigilance against flooding disasters as China is about to enter a key period for flood control. He also noted the increased risks of forest fires in some regions.

Various emergency preparations must be made to reduce all sorts of losses to the minimum, Xi added.

https://news.cgtn.com/news/2023-07-07/Xi-urges-Jiangsu-to-take-lead-in-advancing-Chinese-modernization-1lfdoRI14CA/index.html

View original content:https://www.prnewswire.co.uk/news-releases/cgtn-xi-urges-jiangsu-to-take-lead-in-advancing-chinese-modernization-301872524.html

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Fintech PR

Visionet strengthens European presence with the strategic acquisition of Rödl Dynamics

Published

on

visionet-strengthens-european-presence-with-the-strategic-acquisition-of-rodl-dynamics

CRANBURY, N.J. and BERLIN, Nov. 5, 2024 /PRNewswire/ — Visionet Deutschland GmbH, a subsidiary of Visionet Systems Inc., has announced the acquisition of Rödl Dynamics GmbH. Rödl Dynamics GmbH is an affiliate of Rödl & Partner, one of the largest auditing and consulting firms in Germany. Rödl Dynamics specializes in digital transformation solutions with a focus on Microsoft Dynamics ERP, CRM, and Business Intelligence for medium-sized enterprises. This acquisition strengthens Visionet’s local presence in Germany and bolsters its Microsoft Dynamics offerings in the European market. With the combined expertise of a robust onshore team and Visionet’s global delivery expertise, Visionet is poised to deliver scalable digital solutions across industries, solidifying its position as a leading digital solutions provider in Europe.

This acquisition marks a significant milestone in Visionet’s global growth strategy, bringing us closer to our goal of $1 billion in revenue. Together, we are well-positioned to leverage our global consulting and delivery expertise to drive digital innovation and support enterprise customers in achieving their strategic goals,” stated Kamran Ozair, CEO of Visionet Systems Inc.

With Rödl Dynamics, we are even better equipped to deepen our impact in the European region. This acquisition strengthens our Microsoft consulting capabilities globally, allowing us to expand our offerings to a broader customer base and solidify Visionet’s position as a trusted advisor for digital transformation,” added Ali Zubairy, Head of Europe & UK, Visionet Systems Inc.

“We are gaining an incredibly talented team from Rödl Dynamics. I would like to welcome Andreas Palsbröker and Rene Richartz, the Managing Directors of Rödl Dynamics who will play a crucial role in the growth of Visionet Deutschland,” said Adeel Edhi, General Manager, Visionet Deutschland.

With this strategic acquisition, Visionet Deutschland benefits from an expanded base of customers and a skilled Microsoft consulting team. The acquisition also strengthens Visionet’s consulting and data capabilities, particularly in the areas of finance, supply chain, manufacturing and retail.

The combined expertise and expanded pool of certified professionals allows Visionet to offer first-class digital transformation solutions, far beyond ERP, to both national and international clients.

The acquisition is supported and advised by Visionet Ventures, the innovation and incubation arm of Visionet Systems Inc. that partners with visionary entrepreneurs to accelerate growth and create lasting impact.

About Visionet Systems Inc.
Visionet is a leading IT services firm delivering digital experiences, enterprise modernization, Data & AI applications, and managed IT services. We leverage digital, data, and cloud technologies to meet clients’ needs efficiently. Serving diverse sectors, we simplify complexities and foster innovation. With a global presence, Visionet ensures measurable business impact and a unique partnership experience.
Learn more at visionet.com.

About Rödl Dynamics GmbH

Rödl Dynamics GmbH, an affiliate of Rödl & Partner, focuses on the digital transformation of business processes, delivering tailored ERP, CRM, and Business Intelligence solutions. Leveraging the full Microsoft technology stack, Rödl Dynamics integrates seamless digital solutions for medium-sized enterprises, especially in the retail and services sectors.

Advertisement

For more information, visit Microsoft Dynamics 365 erfolgreich einführen | Rödl Dynamics (roedldynamics.de)

For media queries, please contact [email protected].

Rödl Dynamics logo

Logo – https://mma.prnewswire.com/media/2306541/5002212/VisionetSystem_Logo.jpg
Logo – https://mma.prnewswire.com/media/2548547/Rodl_dynamics.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/visionet-strengthens-european-presence-with-the-strategic-acquisition-of-rodl-dynamics-302296450.html

Continue Reading

Fintech PR

SynFutures Introduces the First ‘Perp Launchpad’ with $1M Grant to Support Emerging Token Projects

Published

on

synfutures-introduces-the-first-‘perp-launchpad’-with-$1m-grant-to-support-emerging-token-projects

The new product enables anyone to launch perpetual futures markets for any asset, fostering innovation in the DeFi space amid the rise of memecoins and long-tail assets.

HONG KONG, Nov. 5, 2024 /PRNewswire/ — SynFutures (www.synfutures.com), a leading decentralized derivatives protocol, today announced the launch of its Perp Launchpad, the first launchpad product focused on derivatives markets rather than spot markets. The new product allows any project to launch perpetual futures markets for any native asset. Alongside this launch, SynFutures is unveiling a $1 million Perp Launchpad Grant program to support emerging projects in listing their tokens and enhancing their visibility within the rapidly expanding on-chain markets.

The crypto market has recently witnessed a surge in memecoins and other long-tail assets capturing the attention of retail traders. Designed to complement trending spot markets with open and efficient derivatives markets, SynFutures’ Perp Launchpad enables projects to unlock new token demand and utility, providing their communities with passive LP (liquidity provider) rewards and more ways to trade and hedge risk through leveraged perpetual futures trading.

Perp Launchpad also pioneers the on-chain derivatives space by supporting coin-margined perp markets with single token concentrated liquidity, as well as a vault feature that helps optimize liquidity to generate consistent yields for liquidity providers.

Launching First on Base

The initial launch of Perp Launchpad will take place on Base, allowing projects to launch perp trading pairs for any native asset on the growing L2 network. The launch follows a successful launchpad pilot program with established LST, LRT, and stablecoin projects like Lido, Solv Protocol, and PumpBTC.

SynFutures has been a significant contributor to the Base ecosystem growth. Since the Base expansion of V3, the latest iteration of the SynFutures protocol in July 2024, SynFutures has accounted for more than 50% of the total derivatives trading volume on Base, amounting to over $23 billion in cumulative trading volume and 138,000 on-chain users.

$1 Million Grant Program for Emerging Projects

To further support emerging projects and cultivate a thriving on-chain derivatives ecosystem, SynFutures has allocated $1 million through the Perp Launchpad Grant. Individual projects can receive grants in the form of campaign support, liquidity provision, and trading incentives, as well as co-marketing and promotional support to activate new listings.

“Providing access to derivatives markets for emerging tokens is crucial in today’s dynamic trading environment,” said Rachel Lin, Co-Founder and CEO at SynFutures. “By enabling perpetual futures markets for new and trending tokens, we’re not only meeting the market demand but also supporting the growth and diversification of the DeFi ecosystem. Our Perp Launchpad and Grant Program are designed to empower these projects, offering them the tools and resources they need to bring more utility and depth to their tokens.”

Advertisement

The Perp Launchpad Grant builds upon SynFutures’ successful track record of supporting emerging tokens. Previous initiatives like the DAO Perps Program and Meme Perp Summer have supported various projects, including DEGEN and MEW, both of which have seen significant success since their listings on V3 in July and August 2024, respectively.

Unique Opportunities for Traders

For traders, the Perp Launchpad offers the chance to access a wider range of assets, including trending tokens that may not be available on other platforms across CeFi and DeFi. As memecoins and long-tail assets continue to drive attention, traders can engage in leveraged trading to capitalize on market movements and potential arbitrage opportunities. The platform also offers various incentives such as trading competitions and promotional events, providing traders with additional avenues to enhance their returns while participating in the on-chain economy.

Applications Now Open

Applications for the Perp Launchpad Grant are now open and will be accepted on a rolling basis. Eligible projects are encouraged to submit applications via the application form, check eligibility requirements at http://launchpad.synfutures.com/.

About SynFutures

SynFutures is a decentralized perpetual futures protocol that facilitates open and transparent trading on any assets and listings instantly. The V3 Oyster AMM launched the industry’s first-ever unified AMM and on-chain order book model.

Backers include Tier 1 Web3 institutional investors Pantera Capital, Polychain Capital, Susquehanna International Group (SIG), Dragonfly Capital, Standard Crypto, and Framework Ventures, and the team has extensive experience at global financial institutions, fintech companies and blockchain technology companies such as Alipay, Bitmain, Credit Suisse, Deutsche Bank, Matrixport, and Nomura Securities.

 

View original content:https://www.prnewswire.co.uk/news-releases/synfutures-introduces-the-first-perp-launchpad-with-1m-grant-to-support-emerging-token-projects-302292827.html

Advertisement

Continue Reading

Fintech PR

Taking Stock: Industry Leaders Discuss Private Equity’s Evolution and Future to Mark Dechert’s 40th Anniversary in PE

Published

on

taking-stock:-industry-leaders-discuss-private-equity’s-evolution-and-future-to-mark-dechert’s-40th-anniversary-in-pe

LONDON, Nov. 5, 2024 /PRNewswire/ — 2024 marks the 40th anniversary of Dechert’s global private equity practice. In a special episode of the podcast Committed Capital, Blackstone’s Christopher JamesKKR’s John Park, and AB Private Credit Investors’ Jay Ramakrishnan join Ken Young, co-chair of Dechert’s corporate and securities practice and co-head of the global private equity group, to reflect on the evolution of the PE industry, from its humble beginnings to its current scale and complexity. 

Among other topics, they discuss the diversification of investment strategies from pure buyout shops to massive alternative asset managers, the evolution and the role of private credit in the private equity ecosystem, and the increasing ability for retail investors to access private markets strategies.

Listen to the full podcast here.

About Dechert

Dechert is a global law firm that advises asset managers, financial institutions and corporations on issues critical to managing their business and their capital – from high-stakes litigation to complex transactions and regulatory matters. We answer questions that seem unsolvable, develop deal structures that are new to the market and protect clients’ rights in extreme situations. Our nearly 1,000 lawyers across 20 offices globally focus on the financial services, private equity, private credit, real estate, life sciences and technology sectors.

View original content:https://www.prnewswire.co.uk/news-releases/taking-stock-industry-leaders-discuss-private-equitys-evolution-and-future-to-mark-decherts-40th-anniversary-in-pe-302296594.html

Continue Reading

Trending