Fintech PR
CGTN: China to uphold openness and common development for better Asia-Pacific cooperation
BEIJING, Nov. 17, 2023 /PRNewswire/ — Hernan Garces, a grandson of a Chilean cherry planter, is glad to see his family business has become a main cherry exporter to China. Boasting more than 80 percent of its cherries exported to China, Garces, manager of one of the biggest local cherry exporters, attributed his success to the sound business environment in China.
“The business environment in China is very friendly and there are endless possibilities,” said Garces, who has moved his family to Shanghai to better manage his business.
The cherries, spanning the northern and southern hemisphere, have witnessed the constant interdependence and deep integration between China’s economy and the Asia-Pacific economy.
Openness and common development
Chinese President Xi Jinping noted in his speech delivered to the APEC CEO Summit in San Francisco on Thursday that since the first Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting in 1993, the region has experienced deepened economic cooperation and integration.
“Over the past three decades, we have stayed committed to open regionalism, opening-up and inclusiveness, learned from each other’s strengths, exchanged needs, focused on development and jointly developed ‘the APEC Approach’ based on the principles of voluntarism, consensus-building and incremental progress, capitalizing on the spirit of partnership featuring harmony without uniformity, and solidarity and mutual assistance,” Xi added.
The Chinese President said openness, inclusiveness and development for all outshine others on the remarkable journey of Asia-Pacific cooperation.
“Over the past three decades, the Asia-Pacific has cut its average tariff rate from 17 percent to 5 percent, and contributed 70 percent of global economic growth,” said Xi, adding that in the same period, “per capita income in the Asia-Pacific has more than quadrupled, and one billion people have been lifted out of poverty.”
Despite different histories and cultures and stages of development, Xi stressed that seeking common ground while shelving differences is the best practice of regional cooperation.
Facilitating regional cooperation
Pointing out that the world has entered a new period of turbulence and change, Xi said the absence of cooperation is the biggest risk, and that decoupling and supply-chain disruption is not in anyone’s interest.
He went on to say that APEC economies should “steadfastly advance the building of a Free Trade Area of the Asia-Pacific.”
Facts speak louder than words. In recent years, China has continuously deepened economic and trade cooperation with other 20 APEC economies, and continued to contribute China’s strength to the construction of the Asia-Pacific economy, according to China’s Ministry of Commerce (MOC).
Specifically speaking, in 2022, the total import and export volume of China and APEC members was $3,739.08 billion, accounting for 59.7 percent of the total import and export volume of China, according to MOC data.
The data also showed in the same year that eight of China’s top 10 trading partners are APEC members and China is the largest trading partner of 13 APEC economies.
Luo Rong, a researcher at the Chinese Academy of Macroeconomic Research, noticed that China’s door is opening wider, its capability to use foreign investment continues to grow and its business environment continues to improve. “All those will inject new vitality and impetus into regional economic growth.”
More measures to invite foreign investment
Since China’s reform and opening-up 45 years ago, APEC has become the first economic and trade organization that it joined.
At the new starting point, Xi said China remains committed to pursuing development with its doors open and will unswervingly advance high-standard opening up and further expand market access, adding that China has announced the removal of all restrictive measures on foreign investment in manufacturing.
The Chinese President also said no matter how the international situation evolves, China’s resolution to foster a market-oriented, law-based and world-class business environment will not change, adding that its policy for providing equal and quality services to foreign investors will not change.
Xi also said the world’s largest developing country will also take more measures, such as improving the policies on entry and stay of foreign nationals in China and removing obstacles in financial, medical, e-payment and other services.
For example, Beijing has streamlined the process of obtaining work permits and work-type residence permits for foreigners. All foreign talents working in Beijing are entitled to the convenient one-stop application service for the two permits at any of the 15 one-stop service counters across the city.
“All this is designed to make it easier for foreign companies to invest and operate in China,” said Xi.
View original content:https://www.prnewswire.co.uk/news-releases/cgtn-china-to-uphold-openness-and-common-development-for-better-asia-pacific-cooperation-301991964.html
HAMILTON, Bermuda, Dec. 19, 2024 /PRNewswire/ — FXGiants has recently launched a series of exciting bonuses. Participants on the FXGiants‘ online trading platform can now amplify their trading potential with a broad spectrum of bonuses that are tailored to fit different trading needs. These bonuses not only add extra value but also act as a safety net for traders to explore the financial markets without risking too much.
“Our goal with these deposit bonus options is to empower traders of all levels,” said Christopher Oates, the spokesperson for FXGiants. “Under this scheme, we have diverse categories, including Bonus Maximiser, Booster Bonus, and the Bonus Advantage. These bonuses are designed to provide flexibility to clients as they trade on the FXGiants online trading platform.”
Exploring the FXGiants Bonus Options
The bonus options at FXGiants come with versatile advantages. The Bonus Maximiser provides a full 100% boost on all deposits without limit, whereas the Booster Bonus offers a 40% bonus on all deposits up to $4,000 for traders who want to moderately enhance their capital. On the other hand, the Bonus Advantage provides a 60% bonus on deposits up to $5,000, giving traders a better handle on risk. These bonuses enhance the trading experience on the FXGiants online trading platform.
“At FXGiants, we are committed to a trading environment that meets the evolving needs of our clients,” Oates added. “Our online trading platform is a robust ecosystem designed to support traders with advanced execution, extensive market insights, and continuous improvements. As we move forward, we will keep expanding our offerings to ensure that traders have access to the best resources and support.”
About FXGiants
FXGiants stands out as an international broker providing access to over 300 financial instruments across 6 asset classes. Traders can operate through the popular MetaTrader 4 platform, and benefit from exceptional trading conditions such as competitive spreads, flexible leverage, and fast execution. With deposit boosters, partnership programs, an educational blog, and account types tailored to both novice and experienced traders, FXGiants remains dedicated to delivering a one-stop trading solution.
Terms & Conditions apply. Bonus cannot be withdrawn.
All trading involves risk. It is possible to lose all your capital.
FXGiants is a trade name of Notesco Int Limited; a company incorporated in Anguilla with registration number A000001800 and registered address The Valley, AI2640, Cosely Drive, 1338, AI.
Website: https://www.fxgiants.com/
View original content:https://www.prnewswire.co.uk/news-releases/fxgiants-online-trading-platform-launches-bonus-initiative-to-reward-traders-302338463.html
BEIJING, Dec. 23, 2024 /PRNewswire/ — Cheung Kong Graduate School of Business (CKGSB) successfully hosted the Western China MBA Professor Training Program in collaboration with the China National MBA Education Supervisory Committee and Shantou University School of Business on December 17 and 18, 2024. 58 professors from over 40 universities in China nationwide, mostly western China, attended this training.
Since 2007, CKGSB has been aspiring to address the pressing disparities in management education between eastern and western China with its MBA professor training program. As of 2024, the program has trained 372 professors from 155 universities across 22 provinces, 4 autonomous regions, 3 direct-administered municipality in China, indirectly impacting tens of thousands of MBA students.
This year, the training focused on social innovation and business for good, a topic many participating professors found lacking in their day-to-day teaching and research. Professor ZHU Rui (Juliet), CKGSB Professor of Marketing and Director of the ESG and Social Innovation Center, led the training. She introduced how CKGSB has been innovating with the integration of business for good in management education, and how our relevant practice-based course has already helped 2,800+ students integrate ESG into their businesses. Professor Zhu also hosted an interactive workshop with the training’s participants on how they may build this idea into their teaching.
Participants shared in their post-program survey that Professor Zhu’s teaching and her ESG Assessment map gave them a new perspective on how to balance profits and social responsibilities. Many also felt inspired on how to bridge the gap between research and practice.
Recognized in CKGSB’s 2022 and 2024 ESG and Social Innovation Reports and honored as a finalist for the 2021 China Social Impact Award by the United Nations and British Chamber of Commerce, this program exemplifies CKGSB’s impact in this critical area. Through partnerships with the government, NGOs, and business schools, this initiative has made significant progress in promoting quality education and reducing inequalities.
For more information on CKGSB’s ESG and social innovation efforts, visit our ESG and social innovation website.
About CKGSB
Established in Beijing in November 2002, CKGSB is China’s first privately-funded and research-driven business school. The school aims to cultivate transformative business leaders with a global vision, sense of social responsibility, innovative mindset, and ability to lead with empathy and compassion (https://english.ckgsb.edu.cn).
View original content:https://www.prnewswire.co.uk/news-releases/ckgsb-successfully-hosts-2024-mba-professor-training-program-for-western-china-302338458.html
VADUZ, Liechtenstein, Dec. 23, 2024 /PRNewswire/ — Wirex, a global leader in bridging traditional and digital finance, has announced the addition of VNX Euro (VEUR) and VNX Swiss Franc (VCHF) to its platform. With this integration, Wirex users can now spend VEUR and VCHF directly through their Wirex cards, streamlining everyday transactions and enhancing convenience.
Wirex cards allow users to use VEUR and VCHF in various ways. Whether users receive payments in VEUR and/or VCHF, use them for remittances (including cross-border transactions), or sell digital assets for stablecoins instead of fiat, Wirex provides the simplest solution for spending in real life. Users can instantly convert their stablecoins into fiat currency and send them directly to their bank accounts, catering to those who prefer traditional banking options.
Pavel Matveev, Co-founder of Wirex, said: “We’re excited to welcome VNX Euro (VEUR) and VNX Swiss Franc (VCHF) to Wirex. This addition allows our users to effortlessly spend stablecoins in real life, whether for daily purchases, remittances, or managing their digital assets. At Wirex, our goal is to make digital currencies as convenient and versatile as traditional money, and VEUR and VCHF are another step toward achieving that vision.”
Future Features
Additional features will be rolled out later after the launch, complementing the immediate benefits of VEUR and VCHF. These include loans and high-yield X-Accounts, both of which are growing in popularity among Wirex users. Loans offer a smart and tax-efficient way to access liquidity without selling underlying digital assets. Users can leverage their BTC, ETH, SOL, and other digital assets, as collateral for loans in stablecoins, allowing them to benefit from potential appreciation while accessing funds without triggering taxable events.
X-Accounts provide an opportunity for users to earn industry-leading yields of up to 15% APY on their stablecoin balances, enhancing the overall value proposition of holding VEUR and VCHF within the Wirex ecosystem.
Upcoming Advanced Opportunities
VEUR and VCHF have the potential to become preferred options in Wirex’s advanced trading products, such as Wirex DUO and Wirex Multiply. Notably, Euro-backed stablecoins have already demonstrated significantly higher usage among Wirex users than larger USD alternatives, highlighting strong demand for Euro-denominated trading options.
As Wirex explores adding VEUR and VCHF to these products, it aims to further strengthen its position as a leader in digital finance by offering innovative solutions that bridge the gap between traditional finance and digital assets.
Disclaimer: The term “stablecoin” is used herein in relation to VEUR and VCHF for marketing purposes. The reader however shall understand that VEUR and VCHF are fiat-referenced tokens which are described in more detail in the VNX Gold based Fiat Referenced Tokens (FRT) Terms and Conditions which are available for review at www.vnx.li
About VEUR and VCHF
Both VEUR and VCHF are multichain tokens referencing the Euro and Swiss Franc, developed by VNX, generated by a licensed token generator under the Blockchain Act in Liechtenstein. VEUR and VCHF are supported by the reserves ensuring 1:1 parity and represent a reliable digital asset in the crypto world. These tokens combine the stability of fiat currencies with the convenience of crypto, enabling quick, low-cost, and 24/7 accessible cross-border payments while opening new opportunities in DeFi.
About Wirex
Wirex is a prominent UK-based digital payments platform with over 6 million customers spread across 130 countries. It offers secure accounts, making it easy for users to store, purchase, and exchange multiple currencies seamlessly. As a principal member of both Visa and Mastercard, Wirex goes beyond traditional services, embracing the evolving trends of Web3 to provide mainstream access to digital finance and wealth management. Having processed transactions totalling $20 billion, Wirex aims to contribute to the adoption of a cashless society by facilitating straightforward transactions in various currencies worldwide. Wirex is simplifying digital payments, making it more accessible and convenient for people across the globe.
Photo: https://mma.prnewswire.com/media/2586836/Wirex_VEUR_VCHF.jpg
Logo: https://mma.prnewswire.com/media/2031625/5077408/Wirex_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/wirex-adds-veur-and-vchf-stablecoins-to-its-platform-for-seamless-spending-302338369.html
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