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
Nucleus Synapse 2025 Ignites the Human-AI Alliance as the Middle East Leads the Charge in AI-Powered Banking
DUBAI, UAE, April 29, 2025 /PRNewswire/ — The Middle East isn’t just adopting digital transformation—it’s engineering the future of banking with bold leadership, smart regulation, and rapid AI investment. It is in this spirit of transformation that Nucleus Software convened Synapse 2025 – Middle East, held at the iconic Taj Exotic Resorts, The Palm, Dubai, uniting visionary banking leaders, technologists, and innovators to shape the Human-AI Alliance. More than just a gathering, Synapse 2025 was a catalyst for dialogue, strategy, and co-creation—anchored in the belief that the fusion of human insight and AI is the foundation of next-generation finance.
Mr. Vishnu R. Dusad, Managing Director & Co-founder of Nucleus Software, opened the event with an inspiring address that beautifully captured the spirit of the gathering—a celebration of enduring partnerships, innovation, and shared aspirations. With heartfelt reflections on Nucleus Software’s journey and a forward-looking vision rooted in technological purpose and human-centric progress, his words set a thoughtful and energizing tone for the day, reminding everyone of the power of collaboration in shaping the future of banking. “At Nucleus, we are committed to building solutions that are not just future-ready but future-defining,” he shared. “The Middle East is leading this transformation—bold, visionary, and driven by clear ambition. We are honoured to contribute to this journey.”
A compelling keynote was delivered by Mr. Jamal Saleh, Director General of the UAE Banks Federation (UBF), whose address illuminated the UAE’s transformative journey in digital finance. Highlighting the expansion of UBF from 46 to 62 member banks—now representing nearly the entire balance sheet of the UAE banking sector—Mr. Saleh reaffirmed the Federation’s leadership in driving regulatory innovation and AI adoption. Citing over 40 nationwide banking transformation initiatives inspired by His Highness Sheikh Mohammed bin Rashid Al Maktoum’s mobile-first government vision, Mr. Saleh underscored that “AI is no longer a buzzword—it is becoming the bloodstream of modern banking.” He emphasized the essential role of cybersecurity, trusted regulations, and human oversight in this evolution, and projected with confidence that the UAE would exceed its goal of doubling the digital economy’s GDP contribution by 2030—with partners like Nucleus Software playing a crucial role.
The day’s dialogue was further enriched by two dynamic panel discussions. In the business-focused session, thought leaders Shoaib Rizvi (SVP, Group Head of Digital Products, Emirates NBD), Sudarshan Seshadri (Head of Retail Banking, National Bank of Umm Al Qaiwain), Ahmed Mourad (COO, Astratech), and Suvo Sarkar (Banking Industry Leader & Host of Money Majlis) explored how human insight, powered by AI, is transforming the very fabric of banking. “Customer centricity is no longer optional—it’s programmable,” said Rizvi, while Seshadri noted that “AI is our co-pilot, not our competitor.” Moderated by Anshul Khare, Director, Products & Business Solutions at Nucleus Software, the panel emphasized that trust, agility, and hyper-personalization are central to next-generation growth.
In the technology dialogue, leaders Nitin Bhargava (COO, Al Masraf Bank), Fozi Sultan (Head of IT & Projects, Deem Finance), and Shino Thomas (Head of Technology Operations, mBank), offered deep insights into how AI-native infrastructure is being engineered today to enable scale and speed. From real-time intelligence to modular, cloud-first platforms, the panel, steered by Mohamed Roshdy (CIO, Reem Finance), affirmed that the early-mover advantage in AI development lies in bold execution and a clear architectural vision.
One of the most anticipated moments of the event was the fireside chat with Chris Taylor, CEO of Deem Finance. In a rare and personal conversation, Taylor revealed how his passion for endurance sports has shaped his leadership philosophy—one rooted in discipline, clarity, and sustained execution. Moderated by Mr. Ashwani Arora, Global Head – Customer Success at Nucleus Software, the discussion highlighted Deem’s transformation journey, including its $400M securitization achievement and the remarkable shift from 80% manual to 60% automated interactions. “The biggest barrier to doing the right thing with AI is resistance born out of fear,” Taylor stated, while applauding Nucleus Software’s seamless platform implementation of FinnOne Neo® Collections as a benchmark ‘green-to-green’ transformation.
As the event drew to a close, Mr. Parag Bhise, CEO & Executive Director of Nucleus Software, delivered a powerful closing note, thanking the distinguished participants and reaffirming the company’s commitment to co-creating the future of finance. “We leave here with stronger bonds, sharper perspectives, and a shared determination to lead this Human-AI era with integrity, intelligence, and impact,” he said.
The Middle East is rapidly emerging as a global epicenter for AI-driven banking innovation. Guided by visionary leadership, progressive regulation, and strategic investments in digital infrastructure, the region is redefining the future of financial services. It is against this dynamic backdrop that Nucleus Software hosted Synapse 2025 – Middle East, bringing together stalwarts from across the banking and fintech ecosystem to shape the future of responsible, AI-powered finance. The event was a powerful declaration of what lies ahead. A bold leap into a future where human potential and artificial intelligence work in harmony, not in competition, as collaborative engines of progress.
To know more, please visit https://www.nucleussoftware.com/
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Fintech PR
HR Path Expands Presence with the Acquisition of smahrt consulting AG in Switzerland, Experts in HR-IT Consulting, Implementation and Outsourcing
PARIS, April 29, 2025 /PRNewswire/ — HR Path, a global leader in HR consulting and HRIS solutions, is proud to announce its strategic acquisition of smahrt consulting AG, a Swiss-based company specializing in HR-IT consulting, implementation and outsourcing. Especially within the SAP product portfolio.
With a presence in 28 countries and a team of over 2,500 professionals, HR Path is a trusted partner for businesses navigating the complexities of Human Resources. Specializing in advisory, implementation, and operational services, HR Path delivers cutting-edge solutions designed to enhance efficiency and foster growth. Since its founding in 2001, the company has remained steadfast in its mission to transform HR practices globally.
Founded in 2007, smahrt has built a strong reputation for delivering high quality project with the solutions of SAP HCM, SAP SuccessFactors and suitable add-ons from third-party providers or smahrt’s own development. However, not only the depth solution expertise makes smahrt outstanding, but also the excellent know-how in integrating peripheral systems. This enables the HR department to focus on its core tasks and handle administrative tasks digitally and efficiently.
This acquisition represents a significant milestone for HR Path, solidifying its position as a leader in the HR industry and expanding its presence in Switzerland. smahrt’s specialized focus on HR-IT perfectly complements HR Path’s vision of driving organizational growth and excellence through strategic HR solutions.
According to Ato Anderson, Partner at HR Path, this move is “not just a strategic expansion, it’s a people-focused evolution.” He continues, “With smahrt joining HR Path, we are establishing a new powerhouse in the Swiss HR-IT landscape, combining depth of experience with a shared commitment to excellence. Together, we are expanding our service offering while unlocking exciting new opportunities for our clients and our people. This marks the beginning of a new chapter where innovation, impact, and growth will shape the future of HR in the region.”
PDF: https://mma.prnewswire.com/media/2673328/HR_Path_Expands.pdf
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CONTACT: Fabienne LATOUR – [email protected]
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JINING, China, April 29, 2025 /PRNewswire/ — Becoming a utility trailer dealer offers a rewarding opportunity for entrepreneurs looking to serve local businesses and build steady income. Drawing from years of real-world experience, James Ge, founder of Rhinotrail, shares the essential steps for launching a successful dealership.
Understand Industry and Local Demand
Starting with a clear understanding of the trailer industry is critical. Entrepreneurs are encouraged to study the needs of local customers, from landscapers and contractors to farmers and municipalities. Regional trends and seasonal demands can shape inventory planning and sales strategies.
Handle Licensing, Insurance, and Compliance
Legal setup must be a priority. Dealers need to register their business, obtain appropriate dealer licenses, and secure insurance coverage. Requirements vary by state and county, making early research with local DMV or DOT offices essential. Proper compliance protects the business and builds trust with customers from the start.
Build Strong Manufacturer Partnerships
Establishing partnerships with trusted manufacturers gives dealers access to reliable inventory and competitive pricing. Visiting production facilities, reviewing warranty policies, and understanding minimum order expectations help future dealers select manufacturers who support their long-term success.
Choose a Strategic Sales Location
A dealership’s location should offer high visibility, easy accessibility, and appropriate zoning for trailer sales. Entrepreneurs are encouraged to start lean by renting space if necessary, focusing on clear organization and professional presentation of inventory to attract buyers.
Manage Inventory Smartly and Focus on Marketing
Starting with popular trailer types, such as utility, dump, and enclosed models, allows new dealers to meet common customer needs without overextending capital. Marketing efforts should include a mobile-friendly website, listings on platforms like Facebook Marketplace and Craigslist, and local partnerships to build brand visibility.
Deliver Exceptional Customer Service and Financing Options
Strong customer service creates loyalty and word-of-mouth growth. Dealers who offer clear advice, transparent pricing, and after-sale support quickly differentiate themselves. Offering financing options through local banks or finance companies helps expand the customer base by making larger purchases more accessible.
James Ge and Rhinotrail believe that becoming a utility trailer dealer is a practical and achievable business move for entrepreneurs ready to take action.
Entrepreneurs ready to build their own dealership can contact Rhinotrail today to explore reliable trailer solutions and expert support.
For more information, contact:
Rhinotrail
Website: rhinotrail.com
Email: [email protected]
Phone: +65 97708910
View original content:https://www.prnewswire.co.uk/news-releases/how-to-become-a-utility-trailer-dealer-302440569.html
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