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Yangtze River Delta advances high-quality integrated development




BEIJING, Dec. 1, 2023 /PRNewswire/ — A report from People’s Daily: The Yangtze River Delta is one of the most economically vibrant, open and innovative regions in China. It encompasses four major economic engines – Shanghai, Jiangsu, Zhejiang and Anhui.

Shanghai serves as a frontier of openness and a prime innovation hub. Jiangsu province features strong real economy. Zhejiang province boasts a developed private economy. Anhui province possesses a rather comprehensive industrial system and rich scientific and technological resources…

On Nov. 5, 2018, Chinese President Xi Jinping announced at the opening ceremony of the first China International Import Expo that China would support integrated development of the Yangtze River Delta region, and make it a national strategy.

Over the past five years, the region’s night light development index jumped 57.24 percent, and the number of cities with a GDP of over 1 trillion yuan ($141.29 billion) increased to eight, or around 1/3 of the total in China. The integrated development strategy has brought tremendous changes to the Yangtze River Delta, writing a new chapter on Chinese modernization.

“In the past, when we encountered technical difficulties, we had to find solutions and resources by ourselves. Now we can directly post requests on the platform,” said Yang Weizhong, executive chairman of Shanghai Different Advanced Material Co., Ltd. (Shanghai Different), referring to an open competition platform for selecting the best candidates to undertake research projects launched by Shanghai’s Pudong New Area earlier this year.

According to him, developing high-performance hybrid fiber materials had been a headache bothering the company for years. Immediately following the launch of the platform, Shanghai Different posted its technical requests, which were soon picked up and solved by Jiangsu Gem Advanced Fiber Materials.

“Integrated development truly brings innovation resources to one focal point, opening up new possibilities,” Yang noted.

Innovation possesses the core position in China’s modernization drive. In recent years, the synergetic innovation index in the Yangtze River Delta region has been growing at 9.47 percent annually on average, and the region has shared 23 major scientific research facilities and more than 40,000 large scientific instruments. High-caliber technological supplies are effectively bolstering the high-quality economic development of the region.

On May 28 this year, C919, China’s self-developed large passenger aircraft, completed its first commercial flight, which was a testimony to the manufacturing muscle of the Yangtze River Delta. About 10 percent of the aircraft’s parts, 50 percent of its aluminum materials, and 50 percent of composite structural components were manufactured in Zhenjiang, Jiangsu province.

It marked a close collaboration and integration of industrial chain resources among Yangtze River Delta cities, including Shanghai, Hefei, Hangzhou, Suzhou and Zhenjiang, which realized the dream of the Chinese people to make a large passenger jet of their own.

Under the promotion by Commercial Aircraft Corporation of China, C919’s main manufacturer, around 1,000 enterprises in the nine cities and districts along the G60 Science and Innovation Corridor have been incorporated into the aircraft manufacturing chain.

In Changzhou, a series of innovative industrial clusters have sprouted up around the new energy industry chain, with production value already surpassing 500 billion yuan.

In Jiaxing, the Yangtze Delta Region Institute of Tsinghua University, Zhejiang and the Zhejiang Institute of Advanced Technology under the Chinese Academy of Sciences are thriving; top-tier scientific innovation platforms – China Nanhu Academy of Electronics and Information Technology, Nanhu Laboratory, and Institute of Flexible Electronics Technology of Tsinghua University, Zhejiang – have also been launched.

In Hefei, Chinese new energy vehicle giant BYD has built a new manufacturing base, while establishing supporting facilities for key components like power batteries, battery materials, high-voltage devices and wire harnesses in Bengbu, Chuzhou and Fuyang, to form a comprehensive industry chain.

“These epitomize the modernized industrial landscape in the Yangtze River Delta, the unique strengths bred by integrated development,” remarked BYD chairman and president Wang Chuanfu.

The ever-strengthening innovation and industrial chains come from the continuous unleashing of the talent chain. As the Yangtze River Delta’s primary attraction for talents and highland for innovation, Shanghai welcomes both domestic and foreign talents, while also encouraging various talents to fully realize their potential in the region.

Jiangsu, Zhejiang, and Anhui provinces have established incubators and empowerment centers in Shanghai to further tap the metropolitan’s advantages in talent attraction and innovation resources.

“Previously, for foreigners in China to work in the securities industry, they had to ‘follow local customs’ and sit China’s securities qualification exam – a tall task halting many international finance talents,” said Park Pu, Chairman of J.P. Morgan Securities (China).

“Now Pudong has set up an international finance qualification accreditation catalog system, creating favorable conditions to draw global experts,” Pu added.

Integrated development is not a simple equation of combining strengths, but rather realizing complementary advantages and building synergy to form new advantages of high-quality development.

As the strategy of integrated development moves ahead, the four major economic engines of the Yangtze River Delta will work together even more closely to propel high-quality development.


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Sinotruk leaping forward to become world-class technology enterprise




JINAN, China, March 2, 2024 /PRNewswire/ — On March 2, SinoTruk’s Science and Technology Innovation Award Annual Conference 2024 was grandly held, to recognize and rewarding major scientific and technological achievements and outstanding innovative talents since 2022, planning and deploying scientific and technological innovation work ahead. Tan Xuguang, Chairman and General Manager of Shandong Heavy Industry Group, Chairman of China National Heavy Duty Truck Group, attended the conference and delivered a report on scientific and technological innovative work – “Steadily stride forward, embracing change in science and technology”.


Over the past five years, Sinotruk has invested nearly RMB 15 billion in R&D, which is the sum of the previous 15 years. It has benchmarked against world-class standards and gradually established a full-process independent research and development system. Sinotruk technological strength has reached the forefront of the national industry. Sinotruk has reshaped the “Yellow River” heavy-duty trucks standard with technology, ranking first in China, and its high-tech indicators are leading the industry. The market share of heavy-duty trucks has increased from 16.5% in 2018 to 26% in 2023, ranking first in China for two consecutive years. In 2023, the export volume exceeded 130,000 vehicles for the very first time, a 2.6-fold increase compared to 5 years ago, making it the largest single-brand global export volume in the world.

Tan Xuguang called on all engineers to keep in mind their mission, be down-to-earth, persistent in innovation, and make long-term achievements through dedicated ten years of hard work. Learn from the global cooperation, grow and become talents through project training, and achieve through continuous value creation. Achieve your meaning in life, strive with vitality and passion while you are young. Let’s set off again for a better future for the century heavy truck industry and the world’s best heavy truck industry!



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Flash News: OKX Introduces Exclusive ‘Babylon Pioneer Pass Event’ in Collaboration with Babylon, Offering Free Pioneer Pass NFT Minting for the First 100,000 Users Who Stake on Babylon Testnet




SINGAPORE, March 2, 2024 /PRNewswire/ — OKX, a leading Web3 technology company, has issued updates for March 2, 2024.

OKX Introduces Exclusive ‘Babylon Pioneer Pass Event’ in Collaboration with Babylon, Offering Free Pioneer Pass NFT Minting for the First 100,000 Users Who Stake on Babylon Testnet

OKX today announced the launch of its ‘Babylon Pioneer Pass Event,’ giving users who access the Babylon Testnet and stake any amount of Signet Bitcoin (sBTC) the opportunity to claim Babylon’s Bitcoin Pioneer Pass NFT. To qualify for a spot, users must access the Babylon Testnet and stake any amount of Signet Bitcoin (sBTC).

The event kicks off on February 28 and continues until March 6. Following the event, starting from March 7, participants who have been whitelisted will have the ability to mint their Bitcoin Pioneer Pass NFT using the OKX Wallet and their whitelisted address.

The process of participating in this event is straightforward and involves the following steps:

  1. Firstly, users will need to prepare by setting up their OKX and Keplr Wallets. These wallets will be crucial for interacting with the Babylon Testnet and the subsequent claiming of sBTC and BBN.
  2. Following the wallet setup, users can then claim the sBTC and BBN on Babylon’s Official Discord. These tokens will be needed for staking in the Babylon Testnet.
  3. Finally, users will need to access Babylon’s official website, where users can actively engage, stake their tokens and claim their whitelist spots.

Participation in the event offers a multitude of benefits. Users can engage actively with the Babylon Testnet, which in turn enhances their understanding of the Babylon protocol and its functionalities. Furthermore, participants contribute to the development and evolution of the Babylon protocol by being active users.

The ‘Babylon Pioneer Pass Event‘ is a result of OKX’s partnership with Babylon, a trustless Bitcoin staking protocol. The Bitcoin Pioneer Pass, Babylon’s first commemorative Non-Fungible Token (NFT), is a highlight of this event, representing a significant milestone for both OKX and Babylon.

For more information, please visit the OKX Support Center.

About OKX

A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:

  • OKX Wallet: The world’s most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, ‘written down’ seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
  • DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.
  • NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
  • Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.

OKX partners with a number of the world’s top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.

As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.

To learn more about OKX, download our app or visit:


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UnionPay International and The Tourism Organisation of Serbia Sign MOU to Enhance Tourist Payments and Promote Serbia as a Premier Destination




BELGRADE, Serbia, March 1, 2024 /PRNewswire/ — UnionPay International, the leading global card scheme, has entering into a Memorandum of Understanding (MOU) with The Tourism Organisation of Serbia (TOS). This strategic partnership aims to enhancing the payment experience for tourists and to further facilitate tourism growth in Serbia.

The MOU signing ceremony took place at Belgrade on 27th February 2024, marking the beginning of a collaborative effort between UnionPay International and TOS. The agreement outlines various areas of cooperation:

Jointly promoting Serbia as Travel Destination: Through optimised marketing resources, both parties aim to promote Serbia as tourist destination among UnionPay cardholders, with its rich cultural heritage and unique experiences, provide comprehensive tourism information and payment guides for the tourists visiting Serbia. UnionPay International aims to provide more diversified and convenient payment choices, and ensuring seamless payment experiences for travellers visiting the country.

Privileges and Benefits: The partnership will explore opportunities for preferential activities that bring additional benefits to UnionPay cardholders visiting Serbia. This approach aims to boost the attractiveness of the local tourism market and create a win-win situation for both parties.

Ms Bomee Sheng, Product Director of UnionPay International, expressed her enthusiasm about the collaboration, stating, “We are delighted to partner with The Tourism Organisation of Serbia to promote tourism and facilitate payment experiences in Serbia. Through this partnership, we aim to provide UnionPay cardholders with enhanced convenience and benefits, ultimately contributing to the growth of Serbia’s tourism industry.”

Ms Marija Labović, CEO of National Tourism Organisation of Serbia, commented, “This partnership with UnionPay International comes at an important time as we strive to become the most popular all year destination in the region.” She outlines Belgrade’s popularity and the diversity of attractions from city breaks to natural retreats and she is looking forward to the Expo 2027 in the capital, “By leveraging UnionPay’s global network and advanced payment solutions, we are confident that we can attract more visitors to Serbia and provide them with memorable experiences.”

In recent years, Serbia has emerged as one of the most attractive destinations for Chinese visitors. It is hailed as the “heart of the Balkans” and offers a unique blend of captivating landscapes and rich cultural heritage. Its visa-free entry policy, coupled with the exceptional acceptance coverage of UnionPay cards, has played a significant role in attracting Chinese tourists. With over 90% of local merchants and ATMs supporting UnionPay payments and withdrawals, travellers can enjoy seamless payment experiences across various sectors, including retail, dining, hotels, gas stations, toll stations, and tourist attractions.

About The Tourism Organisation of Serbia (TOS)

The Tourism Organisation of Serbia (TOS) was formed under the Law on Tourism of 1994 as the institution in charge of promoting Serbian tourism in domestic and foreign markets, as well as performing other duties relevant for the development of communication and advertising activities in Serbian tourism. The activities of TOS are focused on positioning Serbia’s tourism products in domestic and foreign markets and exploring Serbia’s comparative advantages in terms of tourism, including its geostrategic position and its historical, cultural and natural identity.

About UnionPay International

UnionPay International focuses on the international business of UnionPay, a global payment network that serves the world’s largest cardholder base. Collaborating with over 2,600 partners globally, UnionPay acceptance now reached to 183 countries and regions. Outside the Chinese Mainland, UnionPay is accepted at nearly 67 million merchants and 1.7 million ATMs.

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