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CGTN: China, Germany eye more resilience and vitality in bilateral ties
BEIJING, April 17, 2024 /PRNewswire/ — A recent business confidence survey released by the German Chamber of Commerce in China reveals confidence in the prospects of China–Germany economic and trade cooperation. Among the 566 member companies surveyed, 91 percent expressed their intentions to continue their operations in China, and more than half said they plan to increase investments in the Chinese market.
Last year, several major German companies, including Siemens, Mercedes-Benz, BASF, Volkswagen and BMW, continued to increase investment in China, further highlighting their confidence in the Chinese market.
“Cooperation between China and Germany benefits not just the two sides but also the world at large,” Chinese President Xi Jinping said on Tuesday during a meeting with Chancellor of Germany Olaf Scholz, who is on a three-day official visit to China.
The more instability in the world, the greater the need for the two sides to strengthen the resilience and vitality of their relations, Xi said, calling for joint efforts to keep to the overall direction of cooperation and development in growing bilateral ties.
China–Germany cooperation not ‘risk’ but opportunity
Scholz visited Sino-German joint venture Bosch Hydrogen Powertrain Systems (Chongqing) Co., Ltd. and experienced the assembly of hydrogen fuel cell power modules, as well as German company Covestro’s Asia-Pacific innovation center, during a trip to China’s Chongqing and Shanghai.
“I was impressed by the close and sound cooperation between German and Chinese businesses,” he told Xi.
Economic and trade cooperation has always played a vital role in China–Germany ties. Germany is paying more attention to expanding cooperation with China in the field of innovation, particularly in new energy vehicles (NEVs).
Through efforts, China has become a hub for the innovation of NEVs, attracting German automobile companies to further expand their investment in China.
A new joint venture set up by Mercedes-Benz Group China Ltd. and BMW Brilliance Automotive Ltd. has been registered in Beijing. Volkswagen Group China announced on April 11 that it will invest 2.5 billion euros (about $2.68 billion) in the expansion of its innovation hub in Hefei, east China’s Anhui Province, to increase its pace of innovation in China.
Mutually beneficial cooperation between China and Germany is not a “risk,” but a guarantee for a stable bilateral relationship and an opportunity for the future, Xi told Scholz.
Noting that both China and Germany are countries built on industries and both support free trade and economic globalization, Xi said it is important for the two countries to stay vigilant against the rise of protectionism, adopt an objective and dialectical view on the issue of production capacity through a market and global perspective and based on the laws of economics, and devote more efforts to the discussion on cooperation.
Solid, sustained progress of bilateral ties
This year marks the 10th anniversary of the establishment of an all-round strategic partnership between the two countries.
The consolidation and development of their relations carries significance that goes beyond the bilateral scope and has a major impact on the Eurasian continent and the entire world, Xi noted.
Bilateral trade volume stood at 253.1 billion euros in 2023, during which China maintained its position as Germany’s leading trading partner for the eighth consecutive year.
Last June, the two countries held the seventh China–Germany inter-governmental consultation, agreeing to more cooperation in the fields of climate change response, innovation, advanced manufacturing and vocational education.
The two sides held the third China–Germany high-level financial dialogue in Frankfurt last October, reaching 25 cooperation consensuses. On April 11, 2024, the China-Germany Dialogue Forum on Financial Cooperation was held in Beijing, aiming to deepen financial cooperation to bring more mutually beneficial outcomes.
“As long as the two sides uphold mutual respect, seek common ground while reserving differences, enhance exchanges and mutual learning, and pursue win-win cooperation, China–Germany relations will continue to enjoy solid and sustained progress,” Xi said.
View original content:https://www.prnewswire.co.uk/news-releases/cgtn-china-germany-eye-more-resilience-and-vitality-in-bilateral-ties-302119052.html
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Cyber insurtech BOXX partners with Zurich Insurance Group in Switzerland to introduce breakthrough personal cyber product
TORONTO, May 21, 2024 /PRNewswire/ — Award-winning global Insurtech BOXX Insurance Inc. that combines cyber insurance and security has announced the launch of a cutting-edge cyber risk solution in collaboration with Zurich Insurance Group in Switzerland, providing digital protection for individuals and families.
Recognizing the critical need for comprehensive protection against digital threats Zurich Insurance in Switzerland has partnered with technology partner BOXX Insurance to develop a user-friendly solution designed to help individuals and families better predict and prevent potential scams and digital threats.
Designed for simplicity, the app’s personalized experience puts users’ digital safety front and centre, featuring an easy-to-use interface designed by Zurich Insurance in Switzerland and developed by BOXX in close collaboration with Zurich. The App is now available in Switzerland offering support in English, German, French and Italian.
“We created this to give individuals and families what they want – an app that delivers an essential bundle of tools at users fingertips including access to experts in the event of a cyber emergency,” explained Vishal Kundi, CEO and Founder, BOXX Insurance. “Smartphones have become the fastest-selling gadgets in history. They have penetrated every aspect of daily life. The average person picks their phone up to 100 times a day so if we want to make their world a digitally safer place, we have to ensure their phone and their usage is better secured,” Kundi added.
“An extensive research conducted by Zurich Insurance in Switzerland showed that many are not aware of online dangers and that around a quarter have already been victims of a cyber-attack. In addition, customers are simply overwhelmed with the range of cyber products,” says René Harlacher, Chief Underwriting Officer of Zurich Insurance in Switzerland. “At Zurich, it’s our mission to go beyond mere protection, and also offer our customers tools to help them build resilience and implement preventative measures against cyber risks. Based on these facts, we are expanding our cyber offering for private individuals so that we can provide them with support before, during and after a possible cyber-attack. This is exactly where our joint offering with BOXX Insurance comes in, as a way to lend additional support to our customers,” he adds.
The newly launched solution by Zurich Insurance in Switzerland focuses on providing essential services to help prevent digital threats combined with emergency assistance and support in case of an emergency. Delivered to end customers by Zurich, key features include:
- Identity Protection: Identifies if personal data captured in the app shows up on the dark web and notifies users, providing help and advice to reduce threats of identity theft.
- Secure VPN: By creating a secure and encrypted internet connection the VPN protects data from potential threats such as hacking, identity theft, and phishing attacks.
- Secure WiFi: Scans WiFi networks for threats and helps proactively detect security issues.
- Safe Browsing: Warns against harmful websites and links to protect privacy and personal data.
- Device Protection: Checks and improves the security settings of devices. Devices with the Android operating system are additionally protected against viruses and malware.
- Password Manager: Creates and manages strong passwords and assists with their use.
- Edutainment: Educational content in an entertaining way to raise awareness of personal cyber security.
- Emergency Support and Assistance: Help and assistance from cyber security experts to provide support in cyber emergencies and for many other IT-related problems.
The new offering is available here: https://www.zurich.ch/en/private-customers/living-events/cyberprotection/insurance-prevention
“From providing protection from the dangers of being connected at home and on the go, customers now have the means to keep their devices and data secure and have access to indispensable help in an emergency, all in one easy-to-use app,” Kundi added.
Zurich has been working with BOXX since 2021 and participated in BOXX’s Series A and Series B funding rounds. As a Zurich Global Ventures portfolio company, BOXX is proud to now extend the ongoing collaboration with Zurich to enable Swiss customers to be digitally safer.
About BOXX Insurance
BOXX Insurance Inc. helps businesses, individuals and families insure and defend against cyber threats. Privately-held with headquarters in Canada, BOXX has global offices in Toronto, Miami, Zurich, Dubai and Mumbai.
BOXX Insurance is an award-winning global cyber protection and insurance provider. We’re not a typical company. That’s by design. We’re serious about making the world a digitally safer place; creating real, positive changes for our clients and partners, and building a lasting legacy, from what we create, inside the BOXX.
Every day we’re improving the digital health of businesses, families and individuals around the world who rely on BOXX’s solutions and services to predict, prevent and insure them against cyber threats.
Media Contact: Sarah Madden, [email protected]
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Visa seeks to “revolutionise the card” with array of new product launches
The post Visa seeks to “revolutionise the card” with array of new product launches appeared first on HIPTHER Alerts.
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Briocean Gobi Desert Challenge & Annual Gala Dinner 2024
SHENZHEN, China, May 21, 2024 /PRNewswire/ — Briocean Technology, a leading independent electronic component distributor, is proud to announce its latest annual event – an unforgettable expedition through the majestic Gobi Desert in Dunhuang, China. This year, the company has set the bar higher, challenging its employees to embark on an 80-kilometre trek over the course of 3 days and 2 nights in one of world’s sixth largest desert in northern China.
Far more than a mere hike, this journey symbolises the spirit of unity and resilience that defines Briocean’s culture. As the team trekked through the vast terrain of the Gobi, they forged bonds, overcame challenges, and discovered the true extent of their capabilities.
“At Briocean, we believe in pushing boundaries, both in our work and in our adventures. The Gobi Desert trek was an opportunity for our employees to come together, push their limits, and celebrate the strength of our team.” commented by Ms Sharon Ho, CEO of Briocean.
In 2023, Briocean soared to new heights, achieving a 20% increase in OEM Excess and PPV orders. The company demonstrated agility and foresight, making a strategic shift towards CPU/GPU product lines.
Furthermore, Briocean responded to the growing demand for quality assurance, recording an astounding 133% boost in testing volume at its state-of-the-art facilities. With a global reach, the company successfully shipped products to over 20 countries, reaffirming its global presence.
In line with its commitment to growth, Briocean has upgraded its laboratory, spanning 23,680 square feet which is set to operate in June and have expanded its global team by 10%. These additions have contributed to the company’s success, earning prestigious awards and recognition for its outstanding achievements.
After the trek, Briocean also hosted its annual gala dinner, a joyous occasion filled with celebration and unity. To embrace cultural richness, all employees were dressed in the graceful splendour of traditional Hanfu, as they gathered to celebrate a fruitful year.
Briocean will continue to strive to be the preferred supplier in the global electronic component distribution industry, and our internal events offers employees a chance to reflect on their successes. Partner with Briocean and be part of our journey to excellence.
About Briocean
Established in 2008, Briocean Technology is a leading independent electronic component distributor committed to providing global sourcing and supply chain solutions to electronic manufacturing clients in various industries.
For more information, visit: https://www.briocean.com/
Media Contact, [email protected]
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