NewzIntel.com

Category: China

  • MIL-OSI Russia: Chinese Foreign Ministry: China is ready to make positive contribution to global climate governance together with the EU

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, July 7 (Xinhua) — China is willing to strengthen cooperation with the European Union in climate change mitigation, adaptation and green transformation to jointly make positive contributions to global climate governance.

    This was stated on Monday by the official representative of the Chinese Foreign Ministry, Mao Ning, at a regular press briefing, commenting at the request of the media on European proposals to strengthen bilateral cooperation in the field of energy transformation and green development, which were voiced during the visit of Chinese Foreign Minister Wang Yi to Europe.

    Mao Ning noted China’s commitment to regulating its energy structure and ensuring green development in the country, while at the same time closely cooperating with international partners in global climate governance.

    “China and the EU actively support low-carbon transformation and green development,” she said. “Both sides firmly adhere to the UN Framework Convention on Climate Change as the cornerstone of the international climate governance system, and the range of common interests and potential for cooperation between the two sides in combating climate change is broad and enormous.”

    China is a firm supporter of green development and has made significant contributions to its promotion, the diplomat stressed, adding that China is willing to work with the EU to uphold multilateralism and the goals of the Paris Agreement, strengthen cooperation in climate change mitigation, adaptation and green transformation, and jointly promote global climate governance. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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    MIL OSI Russia News –

  • MIL-OSI Russia: Sanya’s Qianguqing Park Expands Range of Interactive Programs for Russian Tourists

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    HAIKOU, July 7 (Xinhua) — A preliminary familiarization tour of the “Qianguqing Carnival” was held recently at the major Qianguqing (Millennium Romance) theme park in Sanya, south China’s Hainan Province, during which Russian tourists were offered various interactive activities.

    According to the park’s representative, Huang Jia, Russian tourists were taught Chinese idioms, introduced to China’s intangible cultural heritage, and involved in traditional folk dances. This initiative helped to effectively overcome language and cultural barriers, allowing Russian guests to visually and deeply become acquainted with the charm of traditional Chinese culture and the distinctive color of Hainan Province.

    According to the data, following the results of the first 5 months of this year, Russian tourists were consistently leading in number among foreign guests of Sanya, demonstrating a trend towards a younger contingent. Moreover, almost 80% of travelers from Russia stayed in the city for more than four days. At the same time, Russians traditionally make up the main category of foreign visitors to the Qianguqing theme park, the number of visits to which has been rapidly growing in recent years.

    According to Huang Jia, in order to deepen international cultural exchanges, expand overseas markets and improve service quality, the park has installed signs in Russian, trained guides fluent in Chinese and Russian, and invited Russian artists to participate in performances. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI China: China ready to work with EU on global climate governance efforts: spokesperson

    Source: People’s Republic of China – State Council News

    China is willing to work with the European Union (EU) to enhance cooperation on climate change mitigation, adaptation, and the green transition, to make positive contributions to global climate governance, a Chinese foreign ministry spokesperson said on Monday.

    Spokesperson Mao Ning made the remarks at a regular press briefing when responding to European proposals for enhanced China-EU collaboration on energy transition and green, low-carbon development, which were raised during Chinese Foreign Minister Wang Yi’s visit to Europe.

    Mao noted China’s commitment to adjusting its own energy structure, promoting green development, and engaging closely with international partners in global climate governance.

    “China and the EU both actively support low-carbon transformation and green development,” she said. Both sides firmly uphold the United Nations Framework Convention on Climate Change as the cornerstone of international climate governance, and the shared interests and potential between the two sides for cooperation in tackling climate change are vast.

    Noting that China is a firm advocate of and significant contributor to green development, Mao said that China was willing to work with the EU to uphold multilateralism and the goals of the Paris Agreement, enhance cooperation in climate change mitigation, adaptation, and green transition, and jointly advance global climate governance. 

    MIL OSI China News –

  • MIL-OSI China: Xi pays tribute to martyrs in resistance war against Japanese aggression

    Source: People’s Republic of China – State Council News

    Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, paid tribute to martyrs who died in a major campaign in the war of resistance against Japanese aggression, when inspecting Yangquan of north China’s Shanxi Province on Monday.

    At the monument square honoring the martyrs of the Hundred-Regiment Campaign during the war against Japanese aggression, Xi laid a floral basket to pay tribute to the martyrs, and then visited the memorial hall commemorating this major campaign.

    During the visit, Xi reviewed the history of the CPC leading both the military and civilians in the courageous fight against Japanese invaders, and learned about local efforts to carry out revolutionary history education and promote the great spirit of resisting aggression. 

    MIL OSI China News –

  • MIL-OSI China: China’s foreign exchange reserves increase in June

    Source: People’s Republic of China – State Council News

    China’s foreign exchange reserves totaled 3.3174 trillion U.S. dollars at the end of June 2025, up by 32.2 billion U.S. dollars, or 0.98 percent, compared to the end of May, official data showed Monday.

    In June, the U.S. dollar index declined while global financial asset prices generally increased due to factors such as macroeconomic policies in major economies and prospects for global economic growth, the State Administration of Foreign Exchange said.

    Driven by exchange rate conversions and changes in asset prices, China’s foreign exchange reserves increased during the month, the administration said.

    China’s economy has continued to grow steadily, maintaining a strong development momentum that supports the overall stability of the country’s foreign exchange reserves, said the administration.

    MIL OSI China News –

  • MIL-OSI China: China-led int’l standard for autonomous driving test scenarios released

    Source: People’s Republic of China – State Council News

    An international standard on test scenarios for autonomous driving systems has been officially released, the Ministry of Industry and Information Technology of China said on Monday.

    The standard, led by China during its formulation, outlines the evaluation procedures and test methods for the test scenarios of autonomous driving systems.

    The issuance of the standard represents an important international consensus on autonomous driving test and verification technologies, addressing growing industry demands for safety assessment and test verification, according to an official with the ministry.

    The ministry will cooperate with Chinese institutions in the automotive industry including technology research center to further contribute to the formulation and revision of international standards in the field.

    China is at the forefront of autonomous driving development. Global consulting firm McKinsey & Company has forecast that China will become the world’s largest market for self-driving vehicles, with revenue from such vehicles and mobility services exceeding 500 billion U.S. dollars by 2030.

    MIL OSI China News –

  • MIL-OSI: BIO-Europe® 2025 Gathers Global Life Sciences Leaders in Vienna

    Source: GlobeNewswire (MIL-OSI)

    MUNICH, Germany, July 07, 2025 (GLOBE NEWSWIRE) — The 31st annual edition of BIO-Europe, the premier partnering conference for the global biopharmaceutical industry organized by EBD Group, will take place in Vienna, Austria, from November 3 – 5, 2025, followed by a digital partnering experience on November 11 – 12.

    BIO-Europe continues to serve as a cornerstone event for life science dealmaking and brings together key decision-makers to spark innovation, investment, and partnerships. The 2025 edition is expected to welcome 5,700+ participants from 2,900 companies worldwide, including top-level management from the world’s top 50 pharma firms. Attendees will engage in over 30,000 one-to-one meetings, advancing therapeutic innovation and dealmaking across the ecosystem.

    “In times when uncertainty and complexity shape the global landscape, strategic collaboration is more vital than ever,” said Claire Macht, European Portfolio Director for EBD Group. “BIO-Europe provides a high-impact platform where partnerships flourish – across borders, disciplines, and development stages. Innovation in life sciences doesn’t happen in isolation, it happens when people connect, share ideas, and transform vision into action. Vienna’s vibrant ecosystem and scientific excellence make it the ideal setting for shaping the future of healthcare together.”

    Vienna stands out as one of Europe’s most dynamic life sciences locations. The Austrian capital accounts for over half of the nation’s life sciences activity and employs nearly 50,000 people across 754 organizations, including 646 companies and 19 renowned research and education institutions. The sector generated €22 billion in annual revenues in 2023, underscoring the city’s growing influence in the European biotech and pharma industry.1

    “Welcoming BIO-Europe to Vienna is both an honor and a strategic opportunity,” said Philipp Hainzl, Managing Director of LISAvienna. “Austria’s life sciences community is eager to engage with international peers, investors, and innovators. We look forward to showcasing the regional strength in research, entrepreneurship, and collaborative growth on a global stage. Together with our leading biotech innovators, we will contribute to an unforgettable conference experience. Participants are warmly invited to our Welcome Reception at the magnificent Vienna City Hall.” The local host LISAvienna is Vienna’s central life sciences cluster platform operated by Austria Wirtschaftsservice (aws) and the Vienna Business Agency on behalf of the Austrian Federal Ministry of Economy, Energy and Tourism and the City of Vienna.

    Program Highlights

    Inspired by Vienna’s legendary coffeehouse culture and music, BIO-Europe 2025 will offer an engaging program involving expert-led panel discussions, company presentations, including the startup spotlight pitch competition, the Advanced Business Development course, an active exhibition floor, and networking opportunities designed to inspire collaboration across the life science industry.

    A highlight of the event – the Opening Plenary – with David Loew, CEO of Ipsen, and Jeremy Levin, CEO of Ovid Therapeutics, will explore Europe’s evolving role in global healthcare innovation – will it be a symphony or a solo act?

    BIO-Europe serves the entire biopharma ecosystem, with tailored content for early-stage startups, innovators, academic researchers, as well as large pharma and venture investors. Serendipitous networking, both in-person and online, is a hallmark of the experience.

    Partnering and Registration

    Partnering for BIO-Europe opens on September 22, 2025. One-to-one meetings will be powered by partneringONE®, EBD Group’s industry-standard platform that enables delegates to search, request, schedule, and conduct meetings efficiently.

    To enhance access and extend engagement beyond the in-person event, the conference will continue with two days of virtual partnering on November 11-12, allowing participants to connect regardless of time zone or travel constraints.

    Registration is now open (information is available online), with the biggest savings available through the first early bird deadline on July 25, 2025. Additional discounted rates are available until November 2, 2025.

    For more information, please visit the conference website at: https://informaconnect.com/bioeurope/

    Additional links and information:

    Follow BIO-Europe 2025 on X @EBDGroup (hashtag: #BIOEurope) or on LinkedIn.

    About EBD Group

    EBD Group’s mission is to help collaborations get started across the life science value chain. Our range of partnering conferences has grown to become the largest and most productive conference platform in the industry. Each one of our landmark events held in key life science markets around the world is powered by our state-of-the-art partnering software, partneringONE, that enables delegates to efficiently identify and engage with new opportunities via one-to-one meetings. Today our events (BIO-Europe, BIO-Europe Spring®, Biotech Showcase™, ChinaBio® Partnering Forum, Asia Bio Partnering Forum and BioEquity Europe) annually attract more than 15,000 senior life science executives who engage in over 50,000 one-to-one partnering meetings. These vital one-to-one engagements are the wellspring of deals that drive innovation in our industry. EBD Group is an Informa company. For more information, please visit www.ebdgroup.com.

    Media Contacts:

    MC Services AG
    +49 89 2102280
    contact@mc-services.eu

    EBD Group
    Karina Marocco
    kmarocco@ebdgroup.com

    1Vienna Life Science Report 2024/2025

    The MIL Network –

  • MIL-OSI Canada: Minister Anand to travel to Japan and Malaysia to strengthen Indo-Pacific partnerships

    Source: Government of Canada News

    July 7, 2025 – Ottawa, Ontario – Global Affairs Canada

    The Honourable Anita Anand, Minister of Foreign Affairs, today announced that she will visit Japan and Malaysia this week to deepen Canada’s strategic partnerships in the Indo-Pacific region, which play a critical role in shaping Canada’s future.

    In Tokyo, Minister Anand will meet with Japan’s Minister for Foreign Affairs Iwaya Takeshi to strengthen Canada’s trade and defence cooperation and advance shared security and prosperity interests.

    Minister Anand will work to advance the Canada-Japan Security of Information Agreement, which will deepen defence and security collaboration between the 2 countries. This agreement builds on Canada’s strong bilateral relationship with Japan, an influential strategic and economic partner in the Indo-Pacific region. 

    On July 10, Minister Anand will participate in the Association of Southeast Asian Nations (ASEAN) Post Ministerial Conference Plus Canada in Kuala Lumpur, Malaysia. This meeting brings together the 10 ASEAN member states and Canada to highlight progress made through the ASEAN-Canada Strategic Partnership. The meeting will be an opportunity to find new ways to advance shared interests, including economic and security priorities.

    After the conference, Minister Anand will speak with ASEAN and Canadian trade negotiators, as well as business representatives to highlight Canada’s commitment to concluding an ASEAN-Canada free trade agreement. This agreement would bolster trade and investment and give Canadian businesses preferential access to new markets in the region.

    On July 11, Minister Anand will attend the 32nd ASEAN Regional Forum (ARF) where she will discuss pressing regional and global security challenges, such as the crisis in Myanmar, tensions in the East and South China Seas, North Korea-Russia military cooperation and growing insecurity in the Middle East. She will also reaffirm Canada’s steadfast commitment to ASEAN as a reliable, engaged and enduring security partner in the region.

    While in Kuala Lumpur, Minister Anand will also hold bilateral meetings with several counterparts to advance bilateral opportunities and mutual objectives. This visit will demonstrate Canada’s commitment to continue strengthening ties with those in the Indo-Pacific, in line with the Indo-Pacific Strategy (IPS). 

    MIL OSI Canada News –

  • MIL-OSI: POET Technologies Announces US$25 Million Offering

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 07, 2025 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Corporation“) (TSXV: PTK; NASDAQ: POET), a leader in the design and implementation of highly-integrated optical engines and light sources for artificial intelligence networks today announces its intention to complete a non-brokered public offering of 5,000,000 units of the Corporation (the “Units“) at a price of US$5.00 per Unit (the “Issue Price“) for aggregate gross proceeds to the Corporation of US$25 million (the “Offering“). Each Unit will be comprised of one common share of the Corporation (each, a “Common Share“) and one common share purchase warrant of the Corporation (each, a “Warrant“), with each Warrant being exercisable to acquire one Common Share at a price of C$8.16 for a period of five years from the date of issuance.

    The Issue Price represents a discount of approximately 12.0% from the closing price of the Common Shares on the TSX Venture Exchange on Friday, July 4, 2025. The Corporation anticipates using the net proceeds of the Offering for working capital and general corporate purposes.

    The Offering will be made by way of a prospectus supplement (the “Prospectus Supplement“) to the short form base shelf prospectus of the Corporation dated September 6, 2024, which Prospectus Supplement will be prepared and filed by the Corporation prior to the closing of the Offering with the securities regulatory authorities in each of the provinces and territories of Canada, as well as with the U.S. Securities and Exchange Commission as part of the Corporation’s U.S. registration statement on Form F-10 (“Form F-10“) (Registration No. 333-280553) under the U.S.-Canada Multijurisdictional Disclosure System, with such additions thereto and deletions therefrom as may be permitted or required by Form F-10. The Offering is expected to be fully subscribed by a single institutional investor in Canada that qualifies as an “accredited investor” under National Instrument 45-106 – Prospectus Exemptions of the Canadian Securities Administrators.

    The consummation of the Offering remains subject to the receipt of all regulatory approvals, including the approval of the TSX Venture Exchange (the “Exchange“), and the satisfaction of other customary closing conditions. No commission or finder’s fee will be paid in connection with the Offering.

    “We are very fortunate to have had strong interest from institutional, strategic and public market investors over the past 15 months, due largely to a compelling value proposition that combines key technical and commercial achievements with a vast market opportunity, rewarding innovative hardware solutions in Artificial Intelligence networks and systems,” said Thomas Mika, Executive Vice President and Chief Financial Officer of POET. “We have raised over US$100 million in equity capital at increasingly higher prices over the past year and have thereby achieved all of our near-term financing goals for the Corporation.”

    This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    About POET Technologies Inc.

    POET is a design and development company offering high-speed optical engines, light source products and custom optical modules to the artificial intelligence systems market and to hyperscale data centers.  POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET’s Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems.  POET’s Optical Interposer platform also solves device integration challenges across a broad range of communication, computing and sensing applications.  POET is headquartered in Toronto, Canada, with operations in Singapore, Penang, Malaysia and Shenzhen, China.  More information about POET is available on our website at www.poet-technologies.com

    Cautionary Note Regarding Forward-Looking Information

    This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include, without limitation, the Corporation’s expectations with respect to consummation of the Offering, the Corporation’s ability to complete the Offering on the announced terms, the Corporation’s products, the scalability of the POET Optical Interposer and the success of the Corporation’s products, the Corporation’s ability satisfy all closing conditions and close the Offering within the announced timeline, the investor acquiring all of the Units under the Offering on the terms announced, the Corporation’s use of proceeds for the Offering, the Corporation’s ability to complete the Malaysia expansion, the Corporation’s ability to obtain the final approval of the Exchange, the Corporation being well-capitalized upon the closing of the Offering and the Corporation being able to advance its business objectives. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management’s expectations regarding the size of the market for its products, the capability of its operations to produce products on time and at the expected costs, the performance and availability of certain components, and the success of its customers in achieving market penetration for their products. Actual results could differ materially due to a number of factors, including, without limitation, the attractiveness of the Corporation’s product offerings, performance of its technology, the performance of key components, and ability of its customers to sell their products into the market. For further information concerning these and other risks and uncertainties, refer to the Corporation’s filings on SEDAR+ at www.sedarplus.ca and on the website of the U.S. Securities and Exchange Commission at www.sec.gov. Although the Corporation believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Corporation’s securities should not place undue reliance on forward-looking statements because the Corporation can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Corporation assumes no obligation to update or revise this forward-looking information and statements except as required by applicable securities laws.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

    120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 – Fax: 416-322-5075

    The MIL Network –

  • MIL-OSI: POET Technologies Announces US$25 Million Offering

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 07, 2025 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Corporation“) (TSXV: PTK; NASDAQ: POET), a leader in the design and implementation of highly-integrated optical engines and light sources for artificial intelligence networks today announces its intention to complete a non-brokered public offering of 5,000,000 units of the Corporation (the “Units“) at a price of US$5.00 per Unit (the “Issue Price“) for aggregate gross proceeds to the Corporation of US$25 million (the “Offering“). Each Unit will be comprised of one common share of the Corporation (each, a “Common Share“) and one common share purchase warrant of the Corporation (each, a “Warrant“), with each Warrant being exercisable to acquire one Common Share at a price of C$8.16 for a period of five years from the date of issuance.

    The Issue Price represents a discount of approximately 12.0% from the closing price of the Common Shares on the TSX Venture Exchange on Friday, July 4, 2025. The Corporation anticipates using the net proceeds of the Offering for working capital and general corporate purposes.

    The Offering will be made by way of a prospectus supplement (the “Prospectus Supplement“) to the short form base shelf prospectus of the Corporation dated September 6, 2024, which Prospectus Supplement will be prepared and filed by the Corporation prior to the closing of the Offering with the securities regulatory authorities in each of the provinces and territories of Canada, as well as with the U.S. Securities and Exchange Commission as part of the Corporation’s U.S. registration statement on Form F-10 (“Form F-10“) (Registration No. 333-280553) under the U.S.-Canada Multijurisdictional Disclosure System, with such additions thereto and deletions therefrom as may be permitted or required by Form F-10. The Offering is expected to be fully subscribed by a single institutional investor in Canada that qualifies as an “accredited investor” under National Instrument 45-106 – Prospectus Exemptions of the Canadian Securities Administrators.

    The consummation of the Offering remains subject to the receipt of all regulatory approvals, including the approval of the TSX Venture Exchange (the “Exchange“), and the satisfaction of other customary closing conditions. No commission or finder’s fee will be paid in connection with the Offering.

    “We are very fortunate to have had strong interest from institutional, strategic and public market investors over the past 15 months, due largely to a compelling value proposition that combines key technical and commercial achievements with a vast market opportunity, rewarding innovative hardware solutions in Artificial Intelligence networks and systems,” said Thomas Mika, Executive Vice President and Chief Financial Officer of POET. “We have raised over US$100 million in equity capital at increasingly higher prices over the past year and have thereby achieved all of our near-term financing goals for the Corporation.”

    This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    About POET Technologies Inc.

    POET is a design and development company offering high-speed optical engines, light source products and custom optical modules to the artificial intelligence systems market and to hyperscale data centers.  POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET’s Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems.  POET’s Optical Interposer platform also solves device integration challenges across a broad range of communication, computing and sensing applications.  POET is headquartered in Toronto, Canada, with operations in Singapore, Penang, Malaysia and Shenzhen, China.  More information about POET is available on our website at www.poet-technologies.com

    Cautionary Note Regarding Forward-Looking Information

    This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include, without limitation, the Corporation’s expectations with respect to consummation of the Offering, the Corporation’s ability to complete the Offering on the announced terms, the Corporation’s products, the scalability of the POET Optical Interposer and the success of the Corporation’s products, the Corporation’s ability satisfy all closing conditions and close the Offering within the announced timeline, the investor acquiring all of the Units under the Offering on the terms announced, the Corporation’s use of proceeds for the Offering, the Corporation’s ability to complete the Malaysia expansion, the Corporation’s ability to obtain the final approval of the Exchange, the Corporation being well-capitalized upon the closing of the Offering and the Corporation being able to advance its business objectives. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management’s expectations regarding the size of the market for its products, the capability of its operations to produce products on time and at the expected costs, the performance and availability of certain components, and the success of its customers in achieving market penetration for their products. Actual results could differ materially due to a number of factors, including, without limitation, the attractiveness of the Corporation’s product offerings, performance of its technology, the performance of key components, and ability of its customers to sell their products into the market. For further information concerning these and other risks and uncertainties, refer to the Corporation’s filings on SEDAR+ at www.sedarplus.ca and on the website of the U.S. Securities and Exchange Commission at www.sec.gov. Although the Corporation believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Corporation’s securities should not place undue reliance on forward-looking statements because the Corporation can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Corporation assumes no obligation to update or revise this forward-looking information and statements except as required by applicable securities laws.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

    120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 – Fax: 416-322-5075

    The MIL Network –

  • MIL-OSI Russia: Chinese-developed robotic dog reaches speed of 10.3 m/s

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, July 7 (Xinhua) — A Chinese-developed robot dog managed to reach a speed of 10.3 meters per second during a TV show on Sunday, matching the world’s best sprinters.

    During the race, the four-legged robot nicknamed “Heibao” /”Black Panther”/, weighing 38 kg and standing 0.63 m tall, broke the previous world speed record for such machines, which belonged to Boston Dynamics and their robot WildCat.

    A video broadcast by China Central Television shows Heibao reaching impressive speeds on a treadmill. Recall that Usain Bolt’s world record for the 100m is 9.58 seconds, which translates to a speed of 10.44 m/sec.

    Heibao was first unveiled in January of this year, when it demonstrated an astonishing step rate of 5 steps per second, making it one of the fastest quadrupedal robots in the world.

    The new development was made possible by a collaboration between Zhejiang University’s Innovation Institute, which specializes in humanoid robots, and Hangzhou-based startup Mirror Me.

    The newly upgraded Heibao now outsprints most humans, but still lags behind other recognized land-based sprinters such as cheetahs, ostriches, pronghorns, etc.

    In the future, it could be used for disaster relief and logistics. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: China’s textile sector sees robust growth in Jan-Apr 2025

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, July 7 (Xinhua) — China’s textile industry recorded steady growth in the first four months of this year, data from the Ministry of Industry and Information Technology showed Monday.

    According to the agency, during the reporting period, the added value of products of the country’s leading textile companies, whose annual income from core activities is at least 20 million yuan (about 2.8 million US dollars), increased by 4.2 percent year-on-year.

    The combined operating income of the above-mentioned enterprises for the period was 1.49 trillion yuan, down 0.5 percent year-on-year.

    Meanwhile, from January to April, the sector’s leading retail chains posted combined sales of 6.4 trillion yuan, up 5.9 percent year-on-year.

    In the first four months, the country’s textile and clothing exports grew by 1.1 percent year-on-year to $90.5 billion.

    Experts believe that despite the increasing volatility in the international market and the continuing domestic difficulties, the textile industry, as a traditional sector, still has a large production scale, wide market demand and high employment capacity. It continues to play a key role in supporting the economy and the well-being of the population.

    According to an industry insider, many textile companies, under pressure from the difficult international environment, are stepping up their efforts to find and create new materials and are actively seeking to enter the premium segment of international production chains. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: Two Palestinians killed by Israeli soldiers in West Bank

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    NABLUUS, July 7 (Xinhua) — Two Palestinians were killed Sunday by Israeli soldiers after they surrounded a house in the village of Salem, east of the northern West Bank city of Nablus, a Palestinian official and eyewitnesses said.

    Nablus Governor Ghassan Daglas identified the victims as Wissam Ishtaie, 37, and Qusay Nasser, 23.

    Israeli forces surrounded a house in Salem for several hours, during which there was a shootout and clashes with Palestinian youths, local witnesses said.

    The Israeli military has not yet commented on the incident. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI China: Xi pays tribute to martyrs in resistance war against Japanese aggression 2025-07-07 20:12:07 Xi Jinping, general secretary of the Communist Party of China Central Committee, paid tribute to martyrs who died in a major campaign in the war of resistance against Japanese aggression, in Yangquan of north China’s Shanxi Province on Monday.

    Source: People’s Republic of China – Ministry of National Defense

      YANGQUAN, Shanxi, July 7 (Xinhua) — Xi Jinping, general secretary of the Communist Party of China Central Committee, paid tribute to martyrs who died in a major campaign in the war of resistance against Japanese aggression, in Yangquan of north China’s Shanxi Province on Monday.

    loading…

    MIL OSI China News –

  • MIL-OSI China: Eastern route of South-to-North Water Diversion Project in E China

    Source: People’s Republic of China – State Council News

    Eastern route of South-to-North Water Diversion Project in E China

    Updated: July 7, 2025 20:15 Xinhua
    A drone photo taken on July 6, 2025 shows the Jiangdu water control project on the origin of the eastern route of the South-to-North Water Diversion Project in Yangzhou, east China’s Jiangsu Province. The first phase project of the eastern and middle routes of China’s South-to-North Water Diversion Project has altogether diverted 80 billion cubic meters of water, a new milestone, with 185 million people directly benefiting from the diversion. [Photo/Xinhua]
    A drone photo taken on July 6, 2025 shows watergates of the first phase project of the eastern route of the South-to-North Water Diversion Project in Yangzhou, east China’s Jiangsu Province. [Photo/Xinhua]
    A drone photo taken on July 6, 2025 shows a control station of the Jiangdu water control project on the origin of the eastern route of the South-to-North Water Diversion Project in Yangzhou, east China’s Jiangsu Province. [Photo/Xinhua]

    MIL OSI China News –

  • MIL-OSI: CORRECTION: Press Release Announcing Purchased About US$50 Million BNB

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, July 07, 2025 (GLOBE NEWSWIRE) — Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider in China, today announced a correction to the first paragraph of its press release entitled “Nano Labs Has Purchased About US$50 Million BNB, Expands Digital Asset Reserves to around US$160 Million” which was issued on July 3, 2025 (the “Original Press Release”).

    The correction is to the Original Press Release’s first paragraph with the original version reading:

    “HONG KONG, July 03, 2025 (GLOBE NEWSWIRE) — Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider in China, today announced the purchase of 74,315 Binance Coin (BNB) tokens through the OTC (Over-The-Counter) format at an average price of approximately US$672.45, with a total transaction value of about US$50 million. Following this transaction, the Company’s cumulative reserve of mainstream digital currencies, including Bitcoin and BNB, has around US$160 million, marking a successful initial step in Nano Labs’ BNB strategic plan and underscoring its commitment to increasing BNB holdings over time.”

    The complete, corrected release follows:

    “HONG KONG, July 03, 2025 (GLOBE NEWSWIRE) — Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider in China, today announced the purchase of 74,315 BNB tokens through the OTC (Over-The-Counter) format at an average price of approximately US$672.45, with a total transaction value of about US$50 million. Following this transaction, the Company’s cumulative reserve of mainstream digital currencies, including Bitcoin and BNB, has around US$160 million, marking a successful initial step in Nano Labs’ BNB strategic plan and underscoring its commitment to increasing BNB holdings over time.”

    The Company committed to thoroughly evaluating the security and long-term value of BNB, aiming to acquire up to US$1 billion worth of BNB through convertible notes and private placements in the initial phase. Over the long run, Nano Labs intends to hold 5% to 10% of BNB’s total circulating supply.

    About Nano Labs Ltd

    Nano Labs Ltd is a leading Web 3.0 infrastructure and product solution provider in China. Nano Labs is committed to the development of high throughput computing (“HTC”) chips and high performance computing (“HPC”) chips. Nano Labs has built a comprehensive flow processing unit (“FPU”) architecture which offers solution that integrates the features of both HTC and HPC. In addition, it has established Bitcoin value investment and adopted Bitcoin as primary reserve asset. Nano Labs has established an integrated solution platform covering three main business verticals, including HTC solutions and HPC solutions. The HTC solutions feature its proprietary Cuckoo series chips, which have become alternative Application-Specific Integrated Circuit (“ASIC”) solutions for traditional GPUs. Nano Lab’s Cuckoo series are one of the first near-memory HTC chips available in the market*. For more information, please visit the Company’s website at: ir.nano.cn.

    *        According to an industry report prepared by Frost & Sullivan.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the Company’s plan to appeal the Staff’s determination, which can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause the Company’s actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

    For investor inquiries, please contact:

    Nano Labs Ltd
    ir@nano.cn

    Ascent Investor Relations LLC
    Tina Xiao
    Phone: +1-646-932-7242
    Email: investors@ascent-ir.com

    The MIL Network –

  • MIL-OSI Russia: Liaoning Province Launches Cooperation with Russia in Sci-Tech Innovation

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, July 7 (Xinhua) — A ceremony to launch international cooperation in scientific and technological innovation under the Belt and Road Initiative was held in Fengcheng City, a city under Dandong in northeast China’s Liaoning Province, in an effort to expand international scientific and technological exchanges. The event marks a new stage of cooperation with the Ural Branch of the Russian Academy of Sciences (Ural Branch of the Russian Academy of Sciences) in the field of innovation.

    According to the local newspaper Liaoning Daily, the cooperation achieved between Fengcheng and the Ural Branch of the Russian Academy of Sciences will enable the introduction of advanced scientific developments, stimulating the development of industry clusters and turning scientific and technological innovations into the driving force of high-quality development. The Dandong authorities, relying on the needs of industrial development, intend to jointly create bridges for technology transfer, strengthen interaction platforms and expand channels for the exchange of specialists, involving local universities, research institutes and technology enterprises in the alliance of Chinese-Russian scientific and technological cooperation.

    At the launch ceremony, representatives of the city government, the Fengcheng City Science and Technology Administration and Liaoning Tongda Shaft Industry Co., Ltd. signed cooperation agreements with the Ural Branch of the Russian Academy of Sciences.

    Situated at the crossroads of Northeast Asian economic circles, Dandong is actively creating a new platform of high-level openness by taking advantage of its border and coastal location. The city has formed five key industrial clusters: food industry, special mineral products, automobiles and components, textiles and instruments. Fengcheng’s industries – automobile turbochargers and axle shafts, agricultural machinery, mining and metallurgy, and new materials – have a high degree of compatibility and complementarity with the research areas of the Ural Branch of the Russian Academy of Sciences, opening up broad prospects for joint work. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: Cooperation between Jilin Province and Primorsky Krai yields fruitful results

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, July 7 (Xinhua) — A thrilling kickboxing match between 12-year-old Sergey from Primorsky Krai and a local athlete took place at the Changchun Sports Complex in northeast China’s Jilin Province on Thursday. After the final bell, the young fighters exchanged friendly hugs, showing respect for each other.

    The fight was part of the martial arts festival “Youth and Martial Arts,” which brought together more than 240 young participants. Most of the Russian athletes represented Primorsky Krai, which borders Jilin Province.

    In 1990, the city of Nakhodka in Primorsky Krai and the city of Jilin in Jilin Province became sister cities. Over the years, youth exchanges have been ongoing between the regions, and practical cooperation in the fields of economics, trade, logistics and tourism has been actively developing, yielding fruitful results.

    This strong connection is especially noticeable in the border city of Hunchun in Jilin province. Russians can be seen on the streets everywhere, browsing Chinese goods at local shops. And local traders at night markets call out to customers in Russian with a slight northeastern accent.

    Since the beginning of June, Zhou Yajuan, a tour guide at the Yutong International Travel Agency in Hunchun, has been receiving an average of over 200 Russian tourists a day. She said that most of them come from Primorsky Krai in groups for dental treatment and to get acquainted with traditional Chinese medicine, and their program is very busy.

    At the Aizu Tang Chinese Medicine Center in Hunchun, Han Shimin receives over a thousand Russian guests every year. Certificates of appreciation in Russian hang on the walls of his office.

    Over the past 35 years, economic cooperation between the regions has reached new heights. Every morning, refrigerated trucks loaded with Kamchatka crabs from Russia cross the Hunchun checkpoint and enter China. Sea corridors linking Hunchun via the Russian port of Zarubino with the Chinese ports of Ningbo, Shanghai and Qingdao have turned Jilin Province into a “city of seafood delicacies.” The Changchun-Hunchun-Europe freight train route passes through Primorsky Krai, closely linking the hinterland of Northeast China with the European continent. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI: AIFU Announces $31.6 Million Non-Brokered Private Placement

    Source: GlobeNewswire (MIL-OSI)

    GUANGZHOU, China, July 07, 2025 (GLOBE NEWSWIRE) — AIFU Inc. (Nasdaq: AIFU) (the “Company” or “AIFU”), a leading AI-driven independent financial services platform in China, today announced that it has entered into a definitive share purchase agreement (the “Agreement”) with certain investors, pursuant to which the investors have agreed to subscribe for, and the Company has agreed to issue and sell to the investors, (i) an aggregate of 10,000,000 Class A ordinary shares, par value US$0.4 per share, of the Company, at a price of $3.156 per share (the “Per Share Purchase Price”) (the “Share Issuance”), and (ii) a warrant to purchase up to 20,000,000 additional Class A ordinary shares of the Company. 50% of the warrant will be exercisable at 200% of the Per Share Purchase Price, with the remaining 50% exercisable at 250%. The transaction is expected to generate approximately $31.6 million in gross proceeds from the Share Issuance.

    Upon closing of the Share Issuance, the Company will have a total of 15,870,271 ordinary shares outstanding, consisting of 13,370,271 Class A ordinary shares and 2,500,000 Class B ordinary shares. Assuming no exercise of the warrant, the two largest investors in this transaction are expected to hold approximately 24.6% and 19.5% of the Company’s total outstanding shares, respectively, representing 1.5% and 1.2% of the total voting power, respectively.

    The Share Issuance is expected to close by the end of July 2025, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds to support the execution of its business plans as determined by its board of directors, for general working capital, and for other general corporate purposes.

    The Class A ordinary shares are being issued and sold in a private placement pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), which have not been registered under the Securities Act or applicable state securities laws and may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements.

    This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

    About AIFU Inc.

    Founded in 1998, AIFU Inc. (“AIFU”, or the “Company”, formerly known as AIX Inc.) is a leading AI-driven independent financial services platform in China. Through strategic partnerships and deep integration across the value chain, AIFU has created a comprehensive ecosystem that connects various financial institutions, service providers, agents, and independent insurance intermediaries.

    Building on this ecosystem, the company delivers comprehensive support and tailored solutions for individual agents and insurance intermediary organizations. By harnessing the power of AI, the Company enables precise matching of customer needs, enhances business development efficiency, and offers personalized, full-lifecycle insurance protection and value-added services.

    Furthermore, through its proprietary AI, big data analytics, and robotic automation platforms, the Company offers a full spectrum of services including automated underwriting, claims processing, risk management, intelligent customer engagement, smart marketing and client education, as well as compliance and security solutions. These advanced capabilities substantially improve intermediaries’ operational efficiency, empower partners to expand market presence, and enable more seamless personalized experiences for end customers.

    Forward-looking Statements

    This press release contains statements of a forward-looking nature. These statements, including the statements relating to the Company’s future financial and operating results, are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “will”, “expects”, “believes”, “anticipates”, “intends”, “estimates” and similar statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about AIFU Inc. and the industry. Potential risks and uncertainties include, but are not limited to, those relating to its ability to attract and retain productive agents, especially entrepreneurial agents, its ability to maintain existing and develop new business relationships with insurance companies, its ability to execute its growth strategy, its ability to adapt to the evolving regulatory environment in the Chinese insurance industry, its ability to compete effectively against its competitors, quarterly variations in its operating results caused by factors beyond its control including macroeconomic conditions in China. Except as otherwise indicated, all information provided in this press release speaks as of the date hereof, and AIFU Inc. undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although AIFU Inc. believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. Further information regarding risks and uncertainties faced by AIFU Inc. is included in AIFU Inc.’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F.

    The MIL Network –

  • MIL-OSI: Textile Recycling Market Projected to Reach $7.26 Billion by 2032, Growing at a 4.9% CAGR Amid Rising Sustainability Initiatives | AnalystView Market Insights

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, USA, July 07, 2025 (GLOBE NEWSWIRE) — The global Textile Recycling Market is experiencing a steady transformation as environmental concerns, sustainability goals, and circular economy initiatives reshape industry priorities. Valued at USD 7,258.59 million by 2032 and growing at a CAGR of 4.90%, the market reflects rising global awareness of the environmental toll caused by textile waste. Traditional fashion consumption patterns, driven by fast fashion and short product life cycles, have resulted in millions of tons of discarded clothing entering landfills annually. This growing waste stream has created an urgent demand for efficient recycling solutions.

    Textile recycling is the process of reclaiming fibers from used clothing, manufacturing waste, and household fabrics to create new materials or products. This process plays a crucial role in reducing environmental burdens such as landfill overflow, water usage, and dependency on virgin fibers. Globally, over 92 million tons of textile waste are generated each year, as per the Ellen MacArthur Foundation, with most ending up in landfills or incinerators. Additionally, producing one cotton shirt consumes around 2,700 liters of water. As sustainability gains traction across industries and among consumers, textile recycling is emerging as a key strategy to combat environmental degradation.

     Request a sample copy of this report at: https://analystviewmarketinsights.com/request_sample/AV4093

    Key Market Players

    The competitive landscape of the global textile recycling market includes both established players and emerging innovators. Major companies include:

    •  Worn Again Technologies
    • Birla Cellulose
    • Lenzing Group
    • BLS Ecotech
    • iinouiio Ltd.
    • The Woolmark Company
    • Ecotex Group
    • Unifi, Inc.
    • The Boer Group
    • Textile Recycling International
    • Pistoni S.r.l.
    • Renewcell
    • REMONDIS SE & Co. KG
    • HYOSUNG TNC
    • Martex Fiber
    • Anandi Enterprises, American Textile Recycling Service
    • Patagonia
    • Infinited Fiber Company
    • Prokotex
    • Retex Textiles
    • Pure Waste Textiles
    • Others

    Textile Recycling Market Segments:

    Global Textile Recycling Market, By Process- Market Analysis, 2019 – 2032

    • Chemical
    • Mechanical

    Global Textile Recycling Market, By Material- Market Analysis, 2019 – 2032

    • Polyester & Polyester Fiber
    • Nylon & Nylon Fiber
    • Cotton
    • Wool
    • Others

    Global Textile Recycling Market, By Textile Waste- Market Analysis, 2019 – 2032

    • Pre-consumer
    • Post-consumer

    Global Textile Recycling Market, By Distribution Channel- Market Analysis, 2019 – 2032

    • Retail & Departmental Stores
    • Online

    Global Textile Recycling Market, By End-Use Industry- Market Analysis, 2019 – 2032

    • Home Furnishings
    • Apparel
    • Industrial & Institutional
    • Others

    Market Drivers and Opportunities

    Several key drivers are fueling the growth of the textile recycling market:

    1. Environmental Regulations: Governments worldwide are implementing stringent regulations to minimize waste and cut greenhouse gas emissions. A notable example is the European Union’s directive, which requires member states to ensure the separate collection of textile waste by January 1, 2025, as part of its Circular Economy Action Plan. This mandate aims to boost reuse and recycling, reduce environmental impact, and promote sustainable production models. Such policy-driven initiatives are expected to significantly improve textile recycling rates across the EU, while also influencing regulatory frameworks in other regions. The growing legislative pressure underscores the urgent global commitment to advancing sustainable waste management practices.
    2. Circular Economy Initiatives: The rise of circular fashion—where products are designed, produced, and recycled with sustainability in mind—is gaining momentum. Many brands are investing in closed-loop systems, where discarded garments are recycled back into new clothing.
    3. Consumer Awareness: Increased public awareness regarding the environmental impact of fashion is influencing purchasing decisions. Consumers are now more inclined to support brands that prioritize sustainability and offer recycled or upcycled products.
    4. Technological Advancements: Innovation in recycling technologies, including AI-powered sorting systems, automated collection solutions, and efficient fiber recovery techniques, are making recycling more viable and cost-effective.
    5. Brand Collaborations: Partnerships between recycling companies and major fashion brands are helping expand the scope of textile recycling. For example, brands like Patagonia and H&M are implementing take-back programs and collaborating with recycling firms to develop new eco-friendly collections.

    The textile industry is one of the most resource-intensive and polluting industries globally. With fast fashion encouraging rapid consumption and disposal of clothing, millions of tons of textiles end up in landfills each year. According to the U.S. Environmental Protection Agency (EPA), more than 17 million tons of textile waste were generated in the U.S. alone in 2018, but less than 15% of it was recycled. This highlights the enormous potential for growth and the pressing need for efficient textile recycling systems.

    TABLE OF CONTENT

    1. Textile Recycling Market Overview
    1.1. Study Scope
    1.2. Market Estimation Years
    2. Executive Summary
    2.1. Market Snippet
    2.1.1. Textile Recycling Market Snippet by Process
    2.1.2. Textile Recycling Market Snippet by Material
    2.1.3. Textile Recycling Market Snippet by Textile Waste
    2.1.4. Textile Recycling Market Snippet by Distribution Channel
    2.1.5. Textile Recycling Market Snippet by End-use Industry
    2.1.6. Textile Recycling Market Snippet by Country
    2.1.7. Textile Recycling Market Snippet by Region
    2.2. Competitive Insights
    3. Textile Recycling Key Market Trends
    3.1. Textile Recycling Market Drivers
    3.1.1. Impact Analysis of Market Drivers
    3.2. Textile Recycling Market Restraints
    3.2.1. Impact Analysis of Market Restraints
    3.3. Textile Recycling Market Opportunities
    3.4. Textile Recycling Market Future Trends….

    Textile recycling not only reduces landfill waste but also conserves water, energy, and raw materials. Reprocessing fibers from used garments decreases the need for virgin materials like cotton or synthetic fibers, both of which have significant environmental footprints. As a result, governments, industries, and consumers are increasingly supporting textile recycling as a sustainable alternative.

    Regional Insights: Europe Leads, Asia-Pacific Follows

    Europe is expected to maintain its dominance in the textile recycling market throughout the forecast period. The region’s strong regulatory framework, early adoption of sustainable practices, and well-developed recycling infrastructure contribute to its leadership. Countries like Germany, Sweden, and the Netherlands have implemented effective waste segregation systems, making textile recycling more efficient.

    The Asia-Pacific region is anticipated to witness the fastest growth. Countries such as China, India, and Bangladesh are major textile producers and consumers. With rising environmental awareness and growing volumes of textile waste, these nations are investing heavily in recycling infrastructure. China, for instance, aims to recycle 25% of its textile waste and produce 2 million tonnes of recycled fiber annually by 2025, aligning with its broader environmental goals.

    North America is also an important market, with the United States gradually enhancing its textile recycling infrastructure. Public-private partnerships and educational campaigns are improving recycling rates, although the region still faces challenges related to mixed material processing and consumer participation.

    Browse In-depth Market Research Report (269 Pages) on Textile Recycling Market: https://analystviewmarketinsights.com/report-highlight-textile-recycling-market

    Technology Landscape: Mechanical vs. Chemical Recycling

    The textile recycling market is segmented into mechanical and chemical recycling processes.

    • Mechanical Recycling involves shredding and reprocessing textiles into fibers without altering their chemical structure. It is cost-effective, widely applicable, and especially suitable for natural fibers like cotton and synthetic fibers like polyester. Due to its simplicity and lower environmental impact, mechanical recycling is currently the dominant technology.
    • Chemical Recycling, on the other hand, breaks down fabrics at the molecular level, allowing the recovery of high-purity fibers. This method is effective for mixed-fiber textiles but is currently more expensive and less scalable. However, ongoing innovations are expected to make chemical recycling more accessible in the coming years.

    Challenges and Constraints

    Despite the growing momentum, the textile recycling market faces several hurdles:

    • Lack of Infrastructure: Many regions still lack the infrastructure for efficient textile collection, sorting, and processing.
    • Contamination Issues: Textiles often contain mixed fibers, dyes, and chemicals, making recycling complex and resource-intensive.
    • Consumer Participation: Public engagement in recycling programs remains relatively low in several markets.
    • Economic Viability: In many cases, producing virgin fibers is still cheaper than recycling, particularly in regions where labor and manufacturing costs are low.

    Access Other Relevant Reports from AnalystView Market Insights:

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    Backside Illuminated (BSI) CMOS Image Sensor Market

    Advanced Etch and Strip Systems Market

    Non-Small Cell Lung Cancer Therapeutics Market

    Plasma Etching Equipment Market

    The MIL Network –

  • MIL-OSI: Textile Recycling Market Projected to Reach $7.26 Billion by 2032, Growing at a 4.9% CAGR Amid Rising Sustainability Initiatives | AnalystView Market Insights

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, USA, July 07, 2025 (GLOBE NEWSWIRE) — The global Textile Recycling Market is experiencing a steady transformation as environmental concerns, sustainability goals, and circular economy initiatives reshape industry priorities. Valued at USD 7,258.59 million by 2032 and growing at a CAGR of 4.90%, the market reflects rising global awareness of the environmental toll caused by textile waste. Traditional fashion consumption patterns, driven by fast fashion and short product life cycles, have resulted in millions of tons of discarded clothing entering landfills annually. This growing waste stream has created an urgent demand for efficient recycling solutions.

    Textile recycling is the process of reclaiming fibers from used clothing, manufacturing waste, and household fabrics to create new materials or products. This process plays a crucial role in reducing environmental burdens such as landfill overflow, water usage, and dependency on virgin fibers. Globally, over 92 million tons of textile waste are generated each year, as per the Ellen MacArthur Foundation, with most ending up in landfills or incinerators. Additionally, producing one cotton shirt consumes around 2,700 liters of water. As sustainability gains traction across industries and among consumers, textile recycling is emerging as a key strategy to combat environmental degradation.

     Request a sample copy of this report at: https://analystviewmarketinsights.com/request_sample/AV4093

    Key Market Players

    The competitive landscape of the global textile recycling market includes both established players and emerging innovators. Major companies include:

    •  Worn Again Technologies
    • Birla Cellulose
    • Lenzing Group
    • BLS Ecotech
    • iinouiio Ltd.
    • The Woolmark Company
    • Ecotex Group
    • Unifi, Inc.
    • The Boer Group
    • Textile Recycling International
    • Pistoni S.r.l.
    • Renewcell
    • REMONDIS SE & Co. KG
    • HYOSUNG TNC
    • Martex Fiber
    • Anandi Enterprises, American Textile Recycling Service
    • Patagonia
    • Infinited Fiber Company
    • Prokotex
    • Retex Textiles
    • Pure Waste Textiles
    • Others

    Textile Recycling Market Segments:

    Global Textile Recycling Market, By Process- Market Analysis, 2019 – 2032

    • Chemical
    • Mechanical

    Global Textile Recycling Market, By Material- Market Analysis, 2019 – 2032

    • Polyester & Polyester Fiber
    • Nylon & Nylon Fiber
    • Cotton
    • Wool
    • Others

    Global Textile Recycling Market, By Textile Waste- Market Analysis, 2019 – 2032

    • Pre-consumer
    • Post-consumer

    Global Textile Recycling Market, By Distribution Channel- Market Analysis, 2019 – 2032

    • Retail & Departmental Stores
    • Online

    Global Textile Recycling Market, By End-Use Industry- Market Analysis, 2019 – 2032

    • Home Furnishings
    • Apparel
    • Industrial & Institutional
    • Others

    Market Drivers and Opportunities

    Several key drivers are fueling the growth of the textile recycling market:

    1. Environmental Regulations: Governments worldwide are implementing stringent regulations to minimize waste and cut greenhouse gas emissions. A notable example is the European Union’s directive, which requires member states to ensure the separate collection of textile waste by January 1, 2025, as part of its Circular Economy Action Plan. This mandate aims to boost reuse and recycling, reduce environmental impact, and promote sustainable production models. Such policy-driven initiatives are expected to significantly improve textile recycling rates across the EU, while also influencing regulatory frameworks in other regions. The growing legislative pressure underscores the urgent global commitment to advancing sustainable waste management practices.
    2. Circular Economy Initiatives: The rise of circular fashion—where products are designed, produced, and recycled with sustainability in mind—is gaining momentum. Many brands are investing in closed-loop systems, where discarded garments are recycled back into new clothing.
    3. Consumer Awareness: Increased public awareness regarding the environmental impact of fashion is influencing purchasing decisions. Consumers are now more inclined to support brands that prioritize sustainability and offer recycled or upcycled products.
    4. Technological Advancements: Innovation in recycling technologies, including AI-powered sorting systems, automated collection solutions, and efficient fiber recovery techniques, are making recycling more viable and cost-effective.
    5. Brand Collaborations: Partnerships between recycling companies and major fashion brands are helping expand the scope of textile recycling. For example, brands like Patagonia and H&M are implementing take-back programs and collaborating with recycling firms to develop new eco-friendly collections.

    The textile industry is one of the most resource-intensive and polluting industries globally. With fast fashion encouraging rapid consumption and disposal of clothing, millions of tons of textiles end up in landfills each year. According to the U.S. Environmental Protection Agency (EPA), more than 17 million tons of textile waste were generated in the U.S. alone in 2018, but less than 15% of it was recycled. This highlights the enormous potential for growth and the pressing need for efficient textile recycling systems.

    TABLE OF CONTENT

    1. Textile Recycling Market Overview
    1.1. Study Scope
    1.2. Market Estimation Years
    2. Executive Summary
    2.1. Market Snippet
    2.1.1. Textile Recycling Market Snippet by Process
    2.1.2. Textile Recycling Market Snippet by Material
    2.1.3. Textile Recycling Market Snippet by Textile Waste
    2.1.4. Textile Recycling Market Snippet by Distribution Channel
    2.1.5. Textile Recycling Market Snippet by End-use Industry
    2.1.6. Textile Recycling Market Snippet by Country
    2.1.7. Textile Recycling Market Snippet by Region
    2.2. Competitive Insights
    3. Textile Recycling Key Market Trends
    3.1. Textile Recycling Market Drivers
    3.1.1. Impact Analysis of Market Drivers
    3.2. Textile Recycling Market Restraints
    3.2.1. Impact Analysis of Market Restraints
    3.3. Textile Recycling Market Opportunities
    3.4. Textile Recycling Market Future Trends….

    Textile recycling not only reduces landfill waste but also conserves water, energy, and raw materials. Reprocessing fibers from used garments decreases the need for virgin materials like cotton or synthetic fibers, both of which have significant environmental footprints. As a result, governments, industries, and consumers are increasingly supporting textile recycling as a sustainable alternative.

    Regional Insights: Europe Leads, Asia-Pacific Follows

    Europe is expected to maintain its dominance in the textile recycling market throughout the forecast period. The region’s strong regulatory framework, early adoption of sustainable practices, and well-developed recycling infrastructure contribute to its leadership. Countries like Germany, Sweden, and the Netherlands have implemented effective waste segregation systems, making textile recycling more efficient.

    The Asia-Pacific region is anticipated to witness the fastest growth. Countries such as China, India, and Bangladesh are major textile producers and consumers. With rising environmental awareness and growing volumes of textile waste, these nations are investing heavily in recycling infrastructure. China, for instance, aims to recycle 25% of its textile waste and produce 2 million tonnes of recycled fiber annually by 2025, aligning with its broader environmental goals.

    North America is also an important market, with the United States gradually enhancing its textile recycling infrastructure. Public-private partnerships and educational campaigns are improving recycling rates, although the region still faces challenges related to mixed material processing and consumer participation.

    Browse In-depth Market Research Report (269 Pages) on Textile Recycling Market: https://analystviewmarketinsights.com/report-highlight-textile-recycling-market

    Technology Landscape: Mechanical vs. Chemical Recycling

    The textile recycling market is segmented into mechanical and chemical recycling processes.

    • Mechanical Recycling involves shredding and reprocessing textiles into fibers without altering their chemical structure. It is cost-effective, widely applicable, and especially suitable for natural fibers like cotton and synthetic fibers like polyester. Due to its simplicity and lower environmental impact, mechanical recycling is currently the dominant technology.
    • Chemical Recycling, on the other hand, breaks down fabrics at the molecular level, allowing the recovery of high-purity fibers. This method is effective for mixed-fiber textiles but is currently more expensive and less scalable. However, ongoing innovations are expected to make chemical recycling more accessible in the coming years.

    Challenges and Constraints

    Despite the growing momentum, the textile recycling market faces several hurdles:

    • Lack of Infrastructure: Many regions still lack the infrastructure for efficient textile collection, sorting, and processing.
    • Contamination Issues: Textiles often contain mixed fibers, dyes, and chemicals, making recycling complex and resource-intensive.
    • Consumer Participation: Public engagement in recycling programs remains relatively low in several markets.
    • Economic Viability: In many cases, producing virgin fibers is still cheaper than recycling, particularly in regions where labor and manufacturing costs are low.

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    The MIL Network –

  • MIL-OSI China: PLA Support Base in Djibouti participates in 50th anniversary of Comoros’ independence 2025-07-07 17:47:54 At the invitation of the Comorian government, a detachment of the Chinese People’s Liberation Army (PLA) Support Base in Djibouti participated in the military parade marking the 50th anniversary of the independence of the Comoros on July 6, local time.

    Source: People’s Republic of China – Ministry of National Defense

      Honor guards of the Chinese PLA Support Base in Djibouti march in the military parade.

      MORONI, July 7 — At the invitation of the Comorian government, a detachment of the Chinese People’s Liberation Army (PLA) Support Base in Djibouti participated in the military parade marking the 50th anniversary of the independence of the Comoros on July 6, local time. This marks the first time the Chinese PLA has taken part in a military parade in the Comoros.

      The military parade was held in Moroni, the capital city of the Comoros. After the ceremony began, formations from the Comorian National Development Army, the Comorian Coast Guard, and other units of the country marched past the reviewing stand. They were followed by international contingents from China, Morocco, and Tanzania.

      According to Brigade General Youssouf Idjihadi, Chief of the Defence Staff of the Comorian National Development Army, they are deeply grateful to Chinese President Xi Jinping for sending Chinese troops to join them in celebrating such a significant occasion. They look forward to further developing their relations with China and strengthening the friendship between the two countries and militaries, thereby becoming exemplary partners across Africa and the Indian Ocean region. He also said that China is a great friend.

      China was the first country to establish diplomatic relations with the Comoros. Over the past 50 years since the establishment of diplomatic relations between the two countries, China has always adhered to the concept of peaceful development in developing bilateral relations. The friendship between the two countries is profound and everlasting. The two sides have always supported each other, worked hand in hand, and actively promoted the building of a community with a shared future for mankind. In September 2024, the two heads of state jointly announced the elevation of China-Comoros relations to a strategic partnership.

      The Comorian army formation marches in the military parade.

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    MIL OSI China News –

  • MIL-OSI Russia: Psychologist from St. Petersburg State University in the podcast “Heinrich Terahertz”: “Digital addiction – a new reality or a threat to thinking?” | St. Petersburg State University

    Translation. Region: Russian Federal

    Source: Saint Petersburg State University –

    An important disclaimer is at the bottom of this article.

    Smartphones and social media create the illusion of productivity, but in reality they drain the psyche. Constant notifications, endless scrolling, and the fear of missing out lead to chronic anxiety and a decrease in intellectual abilities. Children, whose cognitive functions are formed in conditions of hyperconnectivity, are especially vulnerable – their thinking may never reach full maturity.

    Olga Shcherbakova explained why banning gadgets in schools (as in China, Australia and the EU) improves academic performance and socialization. Modern children, who are called “digital natives”, lose their deep thinking skills because their brains get used to working in conjunction with external devices. Even educational content is not always useful – it is important to be able to distinguish educational materials from “digital fast food”. A separate problem is “cognitive reserve”: if thinking is not trained in youth, this can lead to early cognitive impairments in the future.

    The world is not divided into those who are “dependent” and those who “control.” Most people simply do not realize how much their psyche has already merged with gadgets.

    Leading researcher of the Faculty of Psychology of St. Petersburg State University Olga Shcherbakova

    There is a way out: consciously limiting screen time, returning to analog forms of learning, and creating an environment where the brain is forced to work independently. But this requires efforts not only at the family level, but also at the level of the entire education system.

    She explained how to regain your attention and help children avoid digital degradation, and whether it is worth waiting for government regulation or starting with yourself. And why even adults who consider themselves “confident users” are actually susceptible to digital addiction.

    Listen to the podcast

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    MIL OSI Russia News –

  • MIL-OSI NGOs: Chinese government impunity for crackdown on lawyers fuels decade of repression

    Source: Amnesty International –

    As Amnesty International signed on to a joint statement ahead of the 10-year anniversary of the ‘709’ crackdown on human rights lawyers in China, the organization’s China Director Sarah Brooks said:

    “The 709 Crackdown led to the unjust prosecution and persecution some of China’s most diligent human rights lawyers and legal activists, but it was just the start of a decade-long assault on human rights and the rule of law that shows no signs of abating today.

    “Many of the lawyers targeted 10 years ago continue to risk imprisonment and to face regular harassment and harsh restrictions on their rights – disrupting not only their daily lives, but also those of their families, including their children. 

    “The deterioration of the human rights situation in China since the 709 Crackdown is no coincidence. Beijing’s attack on the legal profession helped facilitate a broader and more sustained attack on human rights, affecting how LGBTI individuals can find community, how workers can seek remedy, and how women, migrants and persons with disabilities can combat violence and discrimination.

    “This ongoing deterioration underlines the inadequacy of the international response to the 709 Crackdown. This 10-year milestone must remind governments around the world to urge their Chinese counterparts to ensure the freedom and fair treatment of all lawyers targeted simply for doing the jobs they had trained for.”

    MIL OSI NGO –

  • MIL-OSI Russia: Industrial exhibition “Innoprom” opened in Yekaterinburg

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    EKATERINGURB, July 7 (Xinhua) — The 15th International Industrial Exhibition “Innoprom” has opened at the Yekaterinburg-Expo International Exhibition Center in the Russian city of Yekaterinburg and will run until July 10.

    Over the course of four days, guests will have access to new developments in the industrial sector, technologies, and business programs.

    The main theme of the anniversary exhibition is “Technological Leadership: Industrial Breakthrough”, and the partner country is Saudi Arabia. The 9th Russian-Chinese EXPO is taking place in parallel with “Innoprom”.

    This year, Innoprom will feature over 1,000 participating companies, including five national expositions: Kazakhstan, Belarus, Kyrgyzstan, Uzbekistan and Saudi Arabia. In addition, over 30 subjects of the Russian Federation will present their industrial and investment projects at collective expositions.

    The National Industrial Award “Industry” is awarded annually within the framework of the Innoprom exhibition for achievements in the field of industrial production related to the mass application of fundamentally new products and production technologies. The founder of the award is the Government of the Russian Federation. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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    MIL OSI Russia News –

  • MIL-OSI Russia: 43 Palestinians killed in Israeli airstrikes in Gaza – Gaza Civil Defense

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    GAZA, July 7 (Xinhua) — At least 43 Palestinians have been killed in Israeli attacks across the Gaza Strip, the Gaza Civil Defense said Sunday.

    According to eyewitnesses, the Israeli Air Force struck two houses in the Al-Nasr and Sheikh Radwan neighborhoods of Gaza City.

    The two airstrikes killed 25 people, including children and women, and wounded several others, the service’s spokesman Mahmoud Basal told Xinhua.

    He added that four Palestinians were killed in Israeli shelling in the At-Tuffah area of eastern Gaza City, while three others were killed in an Israeli attack on a tent sheltering displaced persons in the Sheikh Radwan area.

    Ten more people were killed in separate Israeli airstrikes on tents housing displaced Palestinians in the al-Mawasi area west of Khan Younis, the spokesman said.

    M. Basal also reported that one Palestinian was killed and several others were wounded as a result of Israeli army shelling in the Ash-Shahkush area northwest of Rafah in the southern Gaza Strip.

    The Israel Defense Forces (IDF) said on Sunday that its forces were continuing operations against “terrorist organizations” in the Gaza Strip. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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    MIL OSI Russia News –

  • MIL-OSI Russia: The Second International Conference on Sister Cities Economic Cooperation was held in Shenyang

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, July 7 (Xinhua) — The Second International Conference on Sister Cities Economic Cooperation was held in Shenyang, capital of northeast China’s Liaoning Province, on Thursday. Government officials, experts and entrepreneurs from member states, observer countries and dialogue partners of the Shanghai Cooperation Organization (SCO) gathered to discuss sister city cooperation, economic development, youth innovation in science and technology, advanced manufacturing technology and peaceful development.

    According to the Liaoning Provincial Government website, Shenyang Mayor Lu Zhicheng said that Shenyang aims to build an international hub in Northeast Asia, rapidly transforming into a modern, green and international world-class metropolis.

    “Today’s Shenyang has significant market potential, a developed industrial base, a dynamic innovation environment and a high degree of openness, having established sister city relations and friendly cooperation relations with 107 cities from 48 countries,” he stressed.

    The mayor reaffirmed the city’s readiness to work with sister cities to follow the “Shanghai Spirit”, strengthen friendly exchanges and deepen practical cooperation in the fields of economy, trade, science, education, culture and sports to build a sustainable future.

    Representatives from Azerbaijan, Russia, Uzbekistan and other countries put forward initiatives, discussing a wide range of issues – from tax incentives and logistics optimization to solutions in the field of ophthalmology and the exchange of technologies in the field of new energy. -0-

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    MIL OSI Russia News –

  • MIL-OSI Russia: China Marks 88th Anniversary of National War Against Japanese Aggression

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, July 7 (Xinhua) — China held a ceremony on Monday to mark the 88th anniversary of the start of the All-National War of Resistance Against Japanese Aggression.

    The opening of a thematic exhibition on the main theme “For National Liberation and World Peace” in honor of the Victory in the Chinese People’s War of Resistance against Japanese Aggression and the Victory in the World Anti-Fascist War was timed to coincide with this event.

    The ceremony and exhibition opening took place at the Museum of the Chinese People’s War of Resistance Against Japanese Aggression, located near the Lugou Bridge (also known as the Marco Polo Bridge). The incident that took place on this bridge near Beijing on July 7, 1937, is considered the beginning of the full-scale invasion of China by Japanese militarists and the beginning of the nationwide war against Japanese aggression.

    Cai Qi, member of the Standing Committee of the Political Bureau of the CPC Central Committee and member of the Secretariat of the CPC Central Committee, delivered a speech at the commemorative event and announced the opening of the exhibition. -0-

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    MIL OSI Russia News –

  • MIL-OSI Russia: Three dead, two missing in southwest China landslide

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    CHENGDU, July 7 (Xinhua) — Three people were killed and two others are missing after a landslide occurred in the city of Ya’an in southwest China’s Sichuan Province on July 5, local authorities said Monday.

    The accident occurred at around 1:25 p.m. on a section of the state highway in Chengxiang. Several cars were buried under the rubble.

    Local authorities quickly set up an emergency response headquarters to coordinate the rescue operation.

    As of 2:00 p.m. Monday, three cars and five people had been pulled from under the rock debris and slush. Two of the victims suffered minor injuries, while three died despite all efforts to rescue them. Two people remain missing.

    The rescue operation continues. -0-

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    MIL OSI Russia News –

  • MIL-OSI Russia: China unveils plan to develop domestic services sector

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, July 7 (Xinhua) — China on Monday unveiled an action plan to develop the consumer services sector to boost rural development in all areas.

    The plan, jointly released by China’s Ministry of Commerce and eight other government departments, aims to increase the supply of home care services in the market, stimulate consumer demand for them, and help improve people’s quality of life and stabilize employment.

    The document sets out 14 specific measures: support for attracting rural labor to the sphere of household services, intensifying professional training in order to improve its qualifications, improving social security for those employed in this sphere, etc.

    The plan aims to increase the supply of affordable housing, ensure that rural migrants providing home care services in cities have equal access to basic public services and create conditions for their rapid integration into urban life.

    As of the end of 2024, there were nearly 300 million migrant farmers in China. And the household services sector is recognized as a key driver of employment. Currently, it employs over 30 million people and more than a million enterprises, with a market size of over 1.1 trillion yuan (about 154 billion US dollars). -0-

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    MIL OSI Russia News –