Fintech PR
From Ningbo to the world: China’s port city evolving into global opening-up hub
NINGBO, China, March 28, 2024 /PRNewswire/ — For many people, the city of Ningbo may not sound as well-known as metropolis such as Beijing and Shanghai in China, but it may be closer to the daily life: the Chinese-made hardware tools, rice cookers and even new energy vehicles people bought are very likely to travel across the ocean from this Chinese city in east China’s Zhejiang Province.
The high probability of this trade link comes from Ningbo’s unique port status, according to Information Office of Municipal Government of Ningbo.
In the Ningbo-Zhoushan Port which faces the East China Sea, ships with a maximum carrying weight of 300,000 tonnes can come and go freely, and super ships with a maximum carrying weight above 400,000 tonnes can enter and exit with the tide. It is a rare outstanding deep-water port in the world.
Last year, the throughput of the port reached 1.324 billion tonnes, ranking first in the world for 15 consecutive years, and its container throughput ranked third worldwide. It’s also home to the largest iron ore terminal in China, the largest crude oil terminal in Asia and the second largest single container terminal on earth.
Ningbo has been an important trading center since ancient times. As early as the Tang Dynasty, Ningbo was one of the starting points of the Maritime Silk Road. In modern times, Ningbo was one of the five treaty ports open to foreign trade. After 1978, Ningbo was among the country’s first coastal cities to embrace the country’s reform and opening-up campaign.
Today, Ningbo is connected with more than 60 Chinese cities through sea-rail intermodal transport, and has access to more than 600 ports in over 200 countries and regions with the help of 300-plus container routes. It has become an important port and shipping logistics center, strategic resource allocation hub and modern shipping service base in the world.
In late 2023, Ningbo was approved to extend the opening up to all its eight port areas, adding new momentum to the Ningbo-Zhoushan Port’s sprint to be a world-class top port.
Unique port resources endow Ningbo with prowess to connect with the rest of the world, but the city’s opening-up and enterprising moves not only target improving the throughput capacity of the world’s largest port, but also seeking wider connectivity, deeper-level exchanges and higher-level opening-up.
Now Ningbo is building a world-class air-rail integration hub and a new engine of international open development by further optimizing the transport planning of its western region.
It is estimated that in 2050, the passenger transport capacity of Ningbo’s west transport hub will reach about 220 million passengers per year, and the air cargo volume will reach 3 million tonnes annually, which will help Ningbo become a modern coastal metropolis.
Among the international destinations accessible to Ningbo, the Central and Eastern European countries (CEEC) along the Belt and Road Initiative are the bright spots for deepening global economic cooperation and trade exchanges.
Ningbo started to hold exhibitions to promote trade with the CEEC in 2014, and established the first and only demonstration zone for economic cooperation and trade exchanges between China and CEEC in 2017. In 2019, the China-CEEC Expo was upgraded to a national-level international event.
Thanks to a good business environment, a strong digital economy foundation and a unique port logistics hub system, Ningbo’s cross-border e-commerce has seen fast growth, with an increasingly wider and denser digital trade network.
Ningbo has maintained the first place in the country’s cross-border e-commerce retail imports during China’s largest online shopping festival “Double 11” for seven consecutive years. The city’s online purchase bonded business in cross-border e-commerce accounts for nearly a quarter of the Chinese market, and its overseas warehouse area accounts for 1/6 of the country’s total. In March last year, the first fifth-freedom freight air route in Zhejiang was opened in Ningbo, lending strong steam to the growth of the city’s cross-border e-commerce business.
In September 2020, the Ningbo Area of Zhejiang Free Trade Pilot Zone was officially listed, opening a new chapter of institutional opening in the city.
For example, aiming at the circulation security and data security of international trade of bulk commodities, Ningbo launched the digital service platform “TradeGo” to ensure the uniqueness and authenticity of digital documents through blockchain technology. The platform has become one of the only 10 recognized platforms for electronic bill of lading in the world.
The open environment and enterprising culture have not only shaped Ningbo’s extensive foreign trade network, but also sharpened the innovation edge of a strong manufacturing city in a global market with open competition.
Ningbo has 104 national single-product champion enterprises in the manufacturing industry, the largest number among Chinese cities and far exceeding Shenzhen, which ranks second. Many of their products bring first-class Chinese manufacturing to global consumers via the Ningbo-Zhoushan Port.
Looking ahead, Ningbo aims to build an international opening-up hub city.
According to Ningbo’s plan, by 2026, the Ningbo-Zhoushan Port’s cargo throughput is expected to maintain the top spot in the world, and the number of enterprises with an annual trade value of over 10 million U.S. dollars and foreign investment projects with a total investment of more than 100 million U.S. dollars, among others, will double compared with 2021.
From a port city to an international hub for trade, Ningbo is set to make its mark on the global map.
View original content:https://www.prnewswire.co.uk/news-releases/from-ningbo-to-the-world-chinas-port-city-evolving-into-global-opening-up-hub-302102022.html
Fintech PR
Nakheel partners with six renowned architecture firms to design 10 bespoke Beach Collection villas on Palm Jebel Ali
DUBAI, UAE, Jan. 15, 2025 /PRNewswire/ — Nakheel, a member of Dubai Holding Real Estate, has announced its collaboration with six locally and globally acclaimed architecture firms – WATG, SAOTA, Whitespace Architects, NAGA Architects, LOCI, and LW Design Group – to deliver a stunning 10 distinct architectural styles for the bespoke villas planned for the Beach Collection at Palm Jebel Ali.
Inspired by the island’s unique blend of oceanfront serenity, vibrant cityscape, and the colours and forms defining its landscape, the architects have crafted an exclusive collection of 10 homes that celebrates the iconic destination’s natural beauty and urban dynamism, delivering a collection of residences that seamlessly integrate indoor-outdoor living and infuse luxury into everyday living. From minimalist elegance to bold contemporary statements, the emphasis is on creating spaces that embrace natural light and take advantage of the scenic vistas to offer residents a sanctuary of tranquillity and exclusivity, aligned with Nakheel’s vision for Palm Jebel Ali.
Situated on prime beachfront locations, the five- and six-bedroom villas from the Beach Collection range from 7,300 sq ft to 8,500 sq ft, offering unparalleled privacy and exclusivity. Each villa boasts a unique and contemporary façade, meticulously designed to complement the coastal setting. Grand entryways with double-height volumes lead to expansive living spaces, where floor-to-ceiling windows showcase captivating views of the Arabian Gulf.
Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, said: “With its breathtaking oceanfront views and ambitious vision, Palm Jebel Ali has inspired some of the world’s leading architectural minds to design bespoke masterpieces for The Beach Collection. These unique villas embody luxury, sophisticated design and a seamless connection with nature, a testament to the success of our collaboration, showcasing the individual brilliance of each architect while capturing the essence of this extraordinary destination. This collaboration brings to life our vision for exceptional homes that cater to inspired tastes and lifestyles.”
Palm Jebel Ali’s seven islands span 13.4 kilometres, feature 16 fronds and over 90 kilometres of beachfront, and it marks the beginning of a new growth corridor in the Jebel Ali area, underlining the expansion of the emirate, in line with the Dubai 2040 Urban Master Plan and the Dubai Economic Agenda D33.
Nakheel’s projects form an iconic portfolio that are pivotal to realising Dubai’s vision.
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View original content:https://www.prnewswire.co.uk/news-releases/nakheel-partners-with-six-renowned-architecture-firms-to-design-10-bespoke-beach-collection-villas-on-palm-jebel-ali-302351788.html
SHARJAH, UAE, Jan. 15, 2025 /PRNewswire/ — American University of Sharjah (AUS), invites outstanding international students to apply for the President’s Scholarship for Fall 2025. Open to applicants who have completed their secondary education outside the UAE, this scholarship provides talented students with the opportunity to join a dynamic academic community that fosters innovation, collaboration and leadership.
AUS is ranked among the top five universities in the UAE for its number of international students according to QS World University Rankings 2025 and third for its international student ratio in the Arab region according to QS Arab Region University Rankings 2024. With a campus that represents approximately 90 nationalities, AUS offers an inclusive and vibrant environment where diverse perspectives enrich academic and personal growth.
The scholarship covers full tuition and lab fees, on-campus housing, student medical insurance and a monthly stipend to support living expenses. Recipients also benefit from three annual round-trip tickets during their studies.
Dr. Tod Laursen, Chancellor of AUS, underscored the significance of the scholarship, stating: “The President’s Scholarship reflects our steadfast commitment to providing talented students from around the globe with access to an education that is both transformative and empowering.”
Students at AUS benefit from remarkable opportunities to engage in innovative research studies, thanks to the establishment of six cutting-edge research centers. These include the Artificial Intelligence, Smart Infrastructure and Robotics Research Center; the Materials Research Center; the Center for Entrepreneurship, Innovation and Sustainable Development; the Energy, Water and Sustainable Environment Research Center; the Center for Arab Studies and Islamic Civilizations; and the Advanced Biosciences and Bioengineering Research Center.
Located in Sharjah, the cultural capital of the UAE, AUS combines tradition with modernity on a campus that inspires exploration and discovery. AUS students are immersed in a thriving ecosystem of cultural heritage, entrepreneurship and technological advancement. The vibrant campus life offers opportunities for personal development and engagement through over 120 student-led organizations, including cultural clubs that celebrate global traditions, academic associations that drive professional excellence and interest-based clubs that cater to diverse passions and talents.
The President’s Scholarship is open for applications until Thursday, April 17, 2025, and renewable for students who continue to meet the scholarship’s requirements. Prospective applicants can visit apply.aus.edu to learn more about the eligibility criteria and submit their applications. To know more about the scholarships and grants offered by AUS, visit www.aus.edu/scholarship.
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View original content:https://www.prnewswire.co.uk/news-releases/aus-announces-presidents-scholarship-for-international-students-302351720.html
LONDON, Jan. 15, 2025 /PRNewswire/ — elevendigits Ltd, a company at the forefront of financial technology and business funding solutions is thrilled to announce the launch of three business loan comparison websites tailored to the needs of entrepreneurs in the United Kingdom, the United States, and New Zealand: business-loan.uk, business-loans.com, and businessloan.nz.
This strategic expansion effort reflects elevendigits’ commitment to simplifying the financial decision-making process for businesses across many different markets. By offering user-friendly platforms designed to make life easier, these websites provide transparent, accessible and efficient loan comparisons for companies of all sizes.
Meeting the Needs of Global Entrepreneurs
These 3 new websites are tailored not only to the unique issues and regulations, but also to the opportunities within their respective markets:
- business-loan.uk: Designed specifically for the UK business landscape, it addresses the growing demand for tailored funding options, helping startups and SMEs navigate a competitive market.
- business-loans.com: Caters to the vast US business ecosystem. This platform matches entrepreneurs with a wide array of financing opportunities. This ensures they find the best fit for their growth ambitions.
- businessloan.nz: Focused on New Zealand’s entrepreneurial community. It seeks to simplify the access to funding solutions for businesses that prioritize agility and innovation.
Streamlined Access to Business Financing
The platforms provide comprehensive loan comparison tools that let business owners evaluate multiple funding options based on several categories such as interest rates, repayment terms, eligibility requirements and lender reputation. Each site features:
- Personalized Recommendations: Tailored loan matches which are based on your business profile and funding needs.
- Educational Resources: Guides, articles and tools to help business owners make informed decisions.
- Secure and Efficient Application Processes: A streamlined experience that lets you save time and reduces the complexity of securing funding.
A Vision for Empowered Business Growth
“Access to the right financial tools can be transformative for businesses,” said the CEO of Elevendigits Ltd. “By launching these platforms, we’re ensuring that entrepreneurs in the UK, USA and New Zealand can confidently navigate their financing options and grow their businesses.”
About Elevendigits Ltd
Elevendigits Ltd is a global leader in financial technology, dedicated to creating solutions that can form a connection between businesses and the financial institutions capable of funding them. With a strong eye for transparency and accessibility, Elevendigits continues to simplify the life of entrepreneurs worldwide.
View original content:https://www.prnewswire.co.uk/news-releases/elevendigits-ltd-launches-three-different-business-loan-comparison-websites-302351681.html
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