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Dalian offers incentives for international investment

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At the Dalian Port automobile terminal in Dalian Jinpu New Area in Northeast China’s Liaoning province, China’s 10th State-level new area, vehicles are loaded on the China-Europe freight train bound for Central Asia.
Since the establishment of the Dalian Area of the China (Liaoning) Pilot Free Trade Zone, Dalian Port has become a primary choice for the transportation of commercial vehicles as it enjoys policy advantages of the pilot free trade zone.
In 2023, the zone exported of 60,000 commercial vehicles from Dayaowan Port, representing a 52 percent year-on-year increase. During the same period, container throughput reached 4.93 million TEUs (twenty-foot equivalent units), up 12 percent year-on-year. Crude oil throughput amounted to 36.11 million metric tons, an 8.3 percent increase year-on-year.
Liaoning Port Group’s Dalian Port engages in trade with more than 160 countries and more than 300 ports across the globe. More than 70 percent of foreign trade cargo transportation and more than 98 percent of the foreign trade container throughput in Northeast China are being handled there.
Located on the southernmost tip of Liaodong Peninsula, Dalian faces the Bohai and Yellow seas. Including islands, it boasts a coastline of 2,211 kilometers, the longest among Chinese cities.
From Tuesday to Thursday, the 15th Annual Meeting of the New Champions, also known as the Summer Davos Forum, is taking place in this beautiful port city.
By hosting the forum, Dalian gains closer insight into the pulse of global economic development, driving the convergence of its world-class resources. The city also integrates its industries into the global industry chain and enhances its international influence.
In the process of constructing a high-level gateway that is open for both domestic and global participants, Dalian is building up high-level openness, local officials said.
The Summer Davos Forum is also a window that propels Dalian’s deepening external openness. Leveraging the forum, Dalian showcases its investment environment and advantageous industries to the world, creating a platform for investment attraction and intelligence introduction. Globalized enterprises also have close interaction with Chinese resources and markets during the event.
In March, the 5A-grade international office building Dalian Exchange Square opened in the city’s Donggang business district. Invested and developed by the China branch of Orix, a Japanese diversified financial services group, the project leverages the platform of Orix to access global resources.
The project is approximately 1 km from the Dalian International Conference Center, the venue of the Summer Davos Forum. At the 2009 Summer Davos Forum, Orix established a connection with Dalian and then became the first multinational financial group to set up its China headquarters in the city.
Dalian has enacted numerous local regulations supporting foreign investment, and various policy measures have been introduced to expand channels for attracting foreign capital, stabilize the scale of foreign investment, and improve the quality of foreign capital.
By launching Dalian’s regulations on the promotion of foreign investment, the city is constructing itself as a bench mark city for a business-friendly environment, in a bid to attract foreign investment while adhering to the principle of consistency between domestic and foreign capital.
Leveraging the advantages of the pilot free trade zone, the city has accumulated innovative experience in promoting, protecting and managing foreign investment.
To date, Dalian has attracted more than 17,000 foreign-invested enterprises, with 124 Fortune 500 companies investing in 288 local projects.
Dalian has deeply engaged with the Summer Davos Forum since the city first hosted it in 2007, bringing the city closer to the world and broadening its international perspective.
The city has integrated a global perspective into its “Six Developments”: accelerating construction of a modern industrial system with a developed real economy; serving as a regional center in technology and innovation with national influence; serving as a high-level open hub connecting home and abroad; becoming a modern marine city with coordinated land-sea development; being a model city with a business environment favored by the near and attractive to those from afar; serving as an international coastal tourist destination favorable for living, working and traveling.
The high-quality development of “Two Pioneering Zones” — widely known as the Pioneering Zone with Optimized Industrial Structure and the Pioneering Zone of Economic and Social Development — is also emphasized by local authorities.
Dalian is accelerating the transformation and upgrading of its traditional industries while promoting development of new quality productive forces.
Behind industrial innovation lies technological innovation — and Dalian has implemented a strategy of innovative development.
Currently, Dalian has 115 national-level scientific and technological innovation platforms and 635 platforms at city-level or above. The city is home to nine national key laboratories. In 2023, the Dalian Artificial Intelligence Computing Center was approved as a national new generation AI public computing power innovation platform.
At Yinggeshi Science City in the western area of Dalian High-tech Industrial Zone, high-level laboratories are emerging. The first batch of 238 segmented laboratories or research teams with 1,891 scientific talents will be stationed there.
Upon completion, the area will be developed into an innovation center with international influence, an energy innovation center, a crucial driving force for strategic technology, a hub for high-end innovative elements, and a source center for fostering cutting-edge emerging industries.
Moreover, the city is gearing up efforts to become an international coastal tourist destination for living, working and traveling by polishing its culture and coastal resources.
Recently, the fifth Gangdong Street gained popularity on the internet. The Dalian Party committee and local government launched a series of measures to help tourists better experience the place’s charm.
In 2023, Dalian received an 87.84 percent year-on-year increase in tourist arrivals, totaling 157.49 percent of the 2019 level; tourist income increased by 183.13 percent year-on-year, totaling 185.58 percent of the 2019 level.
SOURCE China Daily
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To get greater BRICS cooperation off to good start

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A report from People’s Daily: The 16th BRICS Summit will be held in Kazan, Russia, from Oct. 22 to 24. This upcoming summit is the first to be held after the BRICS expansion, playing a prominent role in getting the greater BRICS cooperation off to a good start. It is also important for BRICS countries to unite the Global South and play a greater role in international affairs. Chinese President Xi Jinping will attend the 16th BRICS Summit.
“More than 30 nations have formally applied to join BRICS.” With its rising global influence, the BRICS cooperation mechanism has become a focus of media around the world. The increasing number of developing countries applying to join the BRICS family fully demonstrates the vitality and appeal of the BRICS cooperation mechanism.
Since its inception, BRICS countries have consistently acted on the BRICS spirit of openness, inclusiveness, and win-win cooperation, and taken BRICS cooperation to new heights. They have upheld fairness and justice in international affairs, stood up for what is right on major international and regional issues, and enhanced the voice and influence of emerging markets and developing countries. Faced with the current complex international situation, the Global South countries increasingly rely on the BRICS.
Under the suggestion of China, the BRICS expansion process was initiated during the 14th BRICS Summit held in Beijing in 2022. At the 15th BRICS Summit held in Johannesburg, South Africa in 2023, the BRICS achieved a historic expansion. Earlier this year, Egypt, the United Arab Emirates, Iran, and Ethiopia officially became members of the BRICS family.
The new round of expansion has further enhanced the global representation and influence of the BRICS mechanism, making it a more important force in shaping the international landscape.
Last November, leaders of BRICS countries joined the Extraordinary Joint Meeting of BRICS Leaders and Leaders of Invited BRICS Members on the Situation in the Middle East with Particular Reference to Gaza, to coordinate positions and actions on the Palestinian-Israeli conflict.
This year, the 14th BRICS Trade Ministers Meeting and the 14th Meeting of the BRICS high-ranking officials responsible for the security matters and national security advisors were held successively to build more consensus for cooperation, safeguard peace and stability, and seek common development and revitalization.
On multilateral platforms such as the United Nations (UN) and the G20, the BRICS countries have jointly defended the rights and interests of emerging markets and developing countries.
The world today is experiencing disorder, slowing growth, uneven development, and a loss of focus in governance. In the face of increasingly complex and challenging international situations, the greater BRICS cooperation bears greater responsibilities and higher expectations.
The greater BRICS cooperation will continue to promote common security and strive for lasting peace. The BRICS countries will support each other on issues concerning their respective core interests, and enhance coordination on major international and regional issues.
China and Brazil have jointly released the six-point consensus on the common understandings on the political settlement of the Ukraine crisis, which has received positive responses from more than 110 countries.
On the Palestinian question, the BRICS countries emphasize the need to push for the early realization of a comprehensive and lasting ceasefire in Gaza, support Palestine’s full UN membership, and implement the two-state solution.
The greater BRICS cooperation will focus on development as a priority and remove hindrance to development. The membership expansion has contributed to a wider-ranging, broader, and higher-quality cooperation among BRICS countries. By revitalizing the cooperation outcomes and unlocking new cooperation potential, the countries are committed to leveraging the opportunities brought by technological revolution and industrial transformation to nurture new drivers for high-quality development and create new landmark achievements in areas such as finance, artificial intelligence, energy, and minerals.
The greater BRICS cooperation will follow true multilateralism and improve global governance. The BRICS expansion has further increased the representation of the BRICS family on the global stage, which will expand the topics of global governance joined by BRICS countries and improve their governance capabilities. The upcoming BRICS summit has once again focused on multilateralism, demonstrating the confidence and determination of BRICS countries in upholding multilateral cooperation.
Currently, the Global South accounts for over 40 percent of the world economy, profoundly reshaping the global economic landscape. As the leading members of the Global South, the BRICS countries are working for greater solidarity and cooperation among countries of the Global South. Together, they have stayed true to the fundamental aspiration of upholding the common interests of the Global South and pushing for a more balanced and effective global governance.
At a new starting point, the strategic significance and political effects of the greater BRICS should be fully leveraged to make BRICS a new type of multilateral cooperation mechanism based on emerging markets and developing countries, and open and inclusive to the world.
China has been a consistent advocate of and contributor to BRICS cooperation. As Chinese President Xi Jinping pointed out, BRICS countries gather not in a closed club or an exclusive circle, but a big family of mutual support and a partnership for win-win cooperation. They need to uphold openness and inclusiveness and pool collective wisdom and strength, which meets the realistic needs of BRICS development and serves the common interests of all BRICS countries.
Building on a solid foundation, the greater BRICS cooperation is bound to embrace a bright future. Moving forward, China stands ready to strengthen strategic partnerships with all BRICS partners, get the greater BRICS cooperation off to a good start, and build a community with a shared future for mankind, so as to make greater contributions to the development and progress of human society.
SOURCE People’s Daily
The post To get greater BRICS cooperation off to good start appeared first on HIPTHER Alerts.

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SDEC 2024: Team Kaohsiung Presenting New City AI Governance

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Kaohsiung City Deputy Mayor Charles Lin led a delegation of smart transportation, smart healthcare, and Asia New Bay Area startup representatives to the 2024 Selangor Smart City and Digital Economy Convention (SDEC) in Malaysia. Deputy Mayor Lin also delivered a speech at the SDEC conference, introducing the development of the semiconductor industry and the achievements of Kaohsiung Smart City.
Delegation presented a diverse group of companies:
Chunghwa Telecom exhibited two key technologies: the Cellular Vehicle Probe (CVP) Big Data system for traffic analysis and a 5G Vehicle-to-Everything (V2X) Technology for light rail intersection safety. The CVP system offers real-time traffic monitoring and analysis, while the V2X technology enhances safety through dynamic monitoring and rapid warning transmission.
Advmeds presented their “Kaohsiung Health 4.0”, introducing generative care engine technology across medical facilities, communities, and senior fitness clubs. This system achieves digitalized health management through chatbots and is developing AI digital avatars to upgrade customer service functions.
iAMBITION showcased comprehensive solutions for medical and care institutions, featuring their “iSAFE system platform.” This platform utilizes contactless 3D sensors, smart IoT, and AI image recognition for anomaly detection, environmental monitoring, and health risk assessment in healthcare settings.
LTPA introduced its “Smart Cognitive Training Program,” combining AIoT technology to digitalize non-pharmaceutical treatments. The program offers AI remote training equipment for seniors, focusing on dementia prevention and muscle strength enhancement.
Hitspectra Intelligent Technology demonstrated their application of Hyperspectral Imaging in Early Medical Diagnosis. This technology assists doctors in quickly identifying affected areas with unclear early symptoms, particularly skin diseases. Their focus includes biomedical optical detection and semiconductor thin film optical inspection.
Meta Intelligence presented one-stop digital innovation solutions spanning AI, IoT, and Digital Twins. Their expertise covers AI-powered building management, AI-generated fashion model photos, VR and AI smart sports training tools, and VR foreign language practice with AI characters. These participants demonstrated Kaohsiung’s diverse capabilities in AI and 5G applications, spanning smart transportation, smart healthcare, and metaverse solutions for smart cities.
During the visit, Kaohsiung companies engaged in business matchmaking sessions with Malaysian enterprises, expanding their presence in the Southeast Asian market. Selangor State EXCO YB Ng Sze Han expressed hopes for deeper collaboration following the “Smart City Strategic Partnership Alliance” MoU signed in March last year. The visit marked a significant milestone in Taiwan–Malaysia smart technology cooperation, highlighting both cities’ commitment to innovation and sustainable urban development.
SOURCE Kaohsiung City Government
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Happiest Minds positioned as a ‘Major Contender’ in Everest Group’s Cybersecurity PEAK Matrix® Assessment – North America 2024

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Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a ‘Born Digital . Born Agile’, Mindful IT Company, today announced that it has been positioned as a ‘Major Contender’ in the latest market evaluation report, Cybersecurity Services PEAK Matrix® Assessment 2024 – North America by Everest Group.
Ram Mohan C, CEO of Infrastructure Management & Security Services (IMSS), Happiest Minds, said, “Our approach to cybersecurity is strategic and holistic, integrating advanced services to address the full spectrum of threats across diverse IT environments. We have invested significantly in cybersecurity solutions, including AI-driven threat detection, Zero Trust architecture, Secure Access Service Edge (SASE), Gen AI security, quantum security, and advanced Security Operations Center (SOC) capabilities. At Happiest Minds, we continuously adapt to industry trends, embedding cybersecurity into every facet of our service delivery, innovation, and technology adoption, ensuring our customers are prepared to tackle the evolving challenges of today’s digital economy.”
Priya Kanduri, CTO of Infrastructure Management & Security Services (IMSS) and Head of Security Services, Happiest Minds, said, “This recognition highlights our strategic vision and unwavering commitment to delivering cutting-edge cybersecurity services to our customers. We have strengthened our talent pool and leveraged automation to address industry-wide skill gaps, ensuring robust and scalable security operations. Our relentless drive towards excellence in addressing the most pressing security challenges empowers us to deliver exceptional value to our customers. This accolade reinforces our perseverance in driving innovation in the cybersecurity landscape.”
The post Happiest Minds positioned as a ‘Major Contender’ in Everest Group’s Cybersecurity PEAK Matrix® Assessment – North America 2024 appeared first on HIPTHER Alerts.

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