Fintech PR
Sanya Recognized as Exemplar of Tourism Entrepreneurship and Innovation in China for 2023
SANYA, China, Dec. 12, 2023 /PRNewswire/ — The 2023 China Tourism Group Development Forum was held in Shanghai from December 11-12. Sanya, a popular destination on the southern tip of China’s Hainan Island, has been selected as a model of tourism entrepreneurship and innovation for China in 2023 by the China Tourism Academy (“CTA”) due to its pioneering innovative models in destination tourism development.
The CTA, founded in 2008, has been at the forefront of promoting policy development and international exchange in the tourism industry. It has been instrumental in collecting exemplary cases of tourism entrepreneurship and innovation. Sanya’s inclusion as a model represents a beacon for other destinations seeking to embrace innovative approaches.
To better promote Sanya tourism globally, Sanya established the Sanya Tourism Promotion Board in 2020 — the nation’s sole dedicated agency for destination marketing and promotion. In 2023, the board evolved into the Sanya Tourism Board, leveraging its market-driven, specialized, and internationalized institutional mechanisms. The transformation aimed to explore new opportunities for the innovative development of Sanya tourism through market research, business conventions and awards ceremonies, festivals, media information, route development, tourists expansion and more.
Since its establishment, the Sanya Tourism Board has collaborated with travel-related enterprises within the Sanya economic zone, including accommodations, dining, transportation, attractions, duty-free shopping, and cruise industries. Meanwhile, in a bid to remain competitive among all global tourist destinations, the board has continually enhanced its core competencies by focusing on constructing a professional marketing system. This involves using a tourism data platform for market research, which helps to create targeted marketing strategies for specific customer groups and seize opportunities to grow the inbound tourism market. By closely linking and actively collaborating with enterprises, the Sanya Tourism Board has made significant contribution to the high-quality development of Sanya’s tourism industry.
In 2020, data analysis and market research revealed a notable shift towards a younger customer base. To cater to this demographic, Sanya launched a targeted marketing campaign, “Wonderland Sanya”, focusing on the travel interests and consumer preferences of this group. This campaign successfully drew a large number of young tourists to explore Sanya’s diverse attractions. Furthermore, Sanya collaborated with local tourism businesses to host innovative events such as the Sanya Tourism Festival, music festivals, concerts, art exhibitions, cultural and creative weeks, coffee festivals, diving festivals, and family seasons. These events not only showcased the city’s unique features but also stimulated tourist spending.
Furthermore, the Sanya Tourism Board has recruited outstanding talents with international perspectives and overseas work experience since its inception. The team, led by Albert Yip, the first globally recruited top executive in the Hainan Free Trade Port, consists of more than half of its members with overseas study or work backgrounds, proficient in languages such as English, Russian, French, German and Korean. With such a high-quality team, Sanya has effectively employed three strategies to boost its inbound tourism: subsidizing international routes, collaborating with top travel agencies, and enhancing global visibility via international media. This approach has successfully elevated Sanya’s global presence, attracting an increasing number of tourists from around the world.
The selection by CTA as an entrepreneurship and innovation in China model in 2023 not only recognizes Sanya’s achievements but also highlights the city’s pivotal role in shaping the future landscape of Chinese tourism. Such recognition comes as a testament to its efforts in market-oriented collaboration, professional marketing and putting together an internationalized team. The Sanya Tourism Board’s dedication has not only elevated Sanya’s profile but also set a benchmark for sustainable and innovative tourism development nationwide.
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View original content:https://www.prnewswire.co.uk/news-releases/sanya-recognized-as-exemplar-of-tourism-entrepreneurship-and-innovation-in-china-for-2023-302012230.html
TAIPEI, Dec. 26, 2024 /PRNewswire/ — VIVOTEK (3454-TW), the global leading security solution provider, has once again demonstrated its outstanding commitment to sustainability. Participating for the first time in the 17th Taiwan Corporate Sustainability Awards (TCSA), VIVOTEK emerged victorious, earning the Sustainability Report Award for the Information, Communication, and Broadcasting Industry and the Taiwan Corporate Sustainability Excellence Award. These recognitions showcase VIVOTEK’s remarkable success in corporate governance, environmental protection, and social responsibility, affirming its dedication to sustainable growth.
Pioneering Sustainability with Dual Recognition
“For over seven years, VIVOTEK has independently published sustainability reports, actively driving and disclosing our internal sustainability initiatives.” said Allen Hsieh, VIVOTEK’s Spokesperson and Director of the Global Marketing Division. “These awards not only recognize our integrity and efforts in presenting operational performance, environmental data, and social impact but also serve as a strong motivation for us to continue advancing on the path of sustainable development.”
Driving Sustainability through AI Innovation
VIVOTEK delivers advanced AI-powered security solutions built on cutting-edge AI and edge computing technologies. Beyond innovation, the company drives green initiatives, reduces its carbon footprint, and fosters a sustainable, supportive workplace.
Committed to social responsibility, VIVOTEK leads the security industry’s sustainability efforts through its ‘Safety Map’ initiative. For four years, employees have formed security teams to enhance safety in neighborhoods, care centers, and schools with on-site assessments and improvement plans.
In 2024, VIVOTEK will expand its efforts to Hualien’s Dacheng Village, where it will help improve local safety environments and support cultural preservation and tourism revitalization. These actions reflect its dedication to sustainability, community well-being, and lasting societal contributions.
Security Sustainability as a Foundation for Social Impact
VIVOTEK proudly received two prestigious honors at the Taiwan Corporate Sustainability Awards, highlighting its dedication to sustainable practices. These accolades inspire the company to deepen its internal efforts and mark the start of an exciting new chapter.
Building on this achievement, VIVOTEK aims to strengthen its mission of becoming the world’s most trusted smart security brand. By aligning with global market needs and fostering collaboration with customers, partners, and employees, VIVOTEK is committed to shaping a sustainable future founded on mutual trust and shared success.
To learn more about VIVOTEK’s sustainability initiatives, please refer to the 2023 Sustainability Report.
View original content:https://www.prnewswire.co.uk/news-releases/vivotek-wins-double-honors-for-its-commitment-to-sustainability-302339223.html
Fintech PR
2024 Global Youth Design Contest on Chinese Characters Themed “Guiyang in Characters” Successfully Concluded
GUIYANG, China, Dec. 26, 2024 /PRNewswire/ — To fully implement the spirit of “carrying forward China’s cultural heritage” and “promoting the creative transformation and innovative development of fine traditional Chinese culture”, the 2024 Global Youth Design Contest on Chinese Characters Themed “Guiyang in Characters”, organized by the Publicity Department of the CPC Guiyang Municipal Committee and hosted by www.huanqiu.com, has successfully concluded on Dec.16. The contest drew thousands of teenagers from both China and abroad, who used cultural empowerment and innovative designs of Chinese characters to narrate and promote Guiyang.
At the “Colorful Guizhou • Literary Plateau” Farming and Reading Event, 59 outstanding works from 26 countries, along with 21 representative pieces from various countries and regions, were showcased. According to the organizing committee of the Global Youth Design Contest on Chinese Characters, “This exhibition serves as both a lasting commemoration of the event and a report to all those who care about the inheritance and promotion of Guiyang and Chinese culture.”
In their submissions, the teenagers selected Chinese characters or phrases they believed best represented Guiyang and reimagined them through innovative designs. Outstanding designs incorporated Guiyang’s iconic architecture and cultural landmarks into Chinese characters to present the city’s urban landscape and historical culture. Some works spotlighted Guiyang’s distinctive cuisine, offering a glimpse into the vibrant and diverse local culinary culture. Some other designs drew inspiration from martial arts villages in Guizhou and featured dragon motifs to symbolize the depth and vitality of Guizhou culture.
Saison from Tajikistan was among the participants in this year’s Global Youth Design Contest on Chinese Characters. Speaking about his design of the Chinese characters, he shared that his design sought to merge the beauty of Chinese characters with the charm of Guiyang. “Guiyang is a captivating place, known for its beautiful scenery, delicious food, and diverse ethnic minorities. I tried to incorporate the beauty of Guiyang into my Chinese character design, hoping to convey the city’s charm and the wonders of Chinese characters through my work.”
The contest officially opened for submissions on September 30. In an effort to boost public engagement and participation, a “cheerleading campaign” was organized for shortlisted works from November 22 to 29. Following expert reviews, 80 outstanding works were ultimately selected for public exhibition.
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View original content:https://www.prnewswire.co.uk/news-releases/2024-global-youth-design-contest-on-chinese-characters-themed-guiyang-in-characters-successfully-concluded-302339323.html
Fintech PR
Markets Show Resilience Ahead of End-of-Year Options Expirations: Bybit x Block Scholes Crypto Derivatives Report
DUBAI, UAE, Dec. 26, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest Crypto Derivatives Analytics Report in collaboration with Block Scholes, highlighting the muted market volatility despite major options expirations on Friday. BTC and ETH’s realized volatility has increased, but short-term options haven’t adjusted to this change. This indicates that while spot prices are fluctuating, the options market is not fully reacting to these shifts, although BTC and ETH volumes have displayed slightly different patterns.
With more than $525 million in BTC and ETH options contracts expiring on Dec 27, 2024’s end-of-year options expiration looks set to be one of the biggest yet, yet expectations for volatility have remained subdued. The report highlights an unusual inversion in ETH’s volatility structure, but BTC has not mirrored the reaction. Additionally, a change in funding rates—sometimes turning negative as spot prices drop—signals a new market phase. Notably, BTC’s volatility structure has been less responsive to changes in spot prices, whereas ETH’s short-term options are exhibiting more noticeable fluctuations.
Key Findings:
BTC Options Expirations:
In the past month, BTC’s realized volatility has been higher than implied volatility on three occasions, each time reaching a relatively calm equilibrium. Open interest in BTC options remains high, contributing to potential increased volatility as we near the end of the year. Around $360 million worth of BTC options (both puts and calls) are set to expire soon, which can affect price movement.
ETH Options: Calls Dominate
Despite a mid-week inversion, ETH’s volatility term structure has flattened, maintaining levels similar to those seen over the past month. In the final week of 2024, calls overwhelmed puts in open interest in ETH options, although market movements and trading activities are more on the put side.
Access the Full Report:
Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full report here: Bybit X Block Scholes Crypto Derivatives Analytics Report (Dec 24, 2024)
#Bybit / #BybitResearch
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
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View original content:https://www.prnewswire.co.uk/news-releases/markets-show-resilience-ahead-of-end-of-year-options-expirations-bybit-x-block-scholes-crypto-derivatives-report-302339299.html
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