NewzIntel.com

Category: KB

  • MIL-OSI China: US stocks advance on upbeat investors’ sentiment over US election

    Source: China State Council Information Office

    U.S. stocks surged on Tuesday as voters headed to the polls on Election Day, reflecting market optimism and hopes for a positive outcome in the election amid strong trading activity.

    The Dow Jones Industrial Average rose 427.28 points, or 1.02 percent, to 42,221.88. The S&P 500 added 70.07 points, or 1.23 percent, to 5,782.76. The Nasdaq Composite Index increased 259.19 points, or 1.43 percent, to 18,439.17.

    All of the 11 primary S&P 500 sectors ended in green, with consumer discretionary and industrials leading the gainers by adding 1.83 percent and 1.67 percent, respectively. Materials posted the weakest growth, up by 0.20 percent.

    The presidential race between U.S. Vice President Kamala Harris and former President Donald Trump has great implications for U.S. stock markets in the coming years.

    Still, market players have different interpretations of the rally on Tuesday in regard to the 2024 general election.

    “I think it’s been betting on a Trump victory. I think that’s why you’ve seen today is such a strong move,” said Timothy Anderson, managing director with MND Partners, division of TJM Investments, LLC.

    Market participants have also been following betting markets and Trump’s chance of winning the presidential election topped 60 percent on the betting market, Anderson told Xinhua on the trading floor of the New York Stock Exchange.

    “My feel is clearly projecting the strong likelihood of a Trump win,” said Anderson.

    The cause of Tuesday’s rally could be “that they are feeling that today the poll is showing that Kamala is going to win. I think that’s where the rally comes from, but what we won’t know till tomorrow,” said Peter Tuchman, senior equity floor broker with TradeMas Inc.

    Tuchman told Xinhua that the market rally in the last four years is a function of the current administration though some Trump followers believe the rally in last month is a function of the atmosphere of a Trump win.

    As Americans head to the polls in a closely contested presidential race between Harris and Trump, investors are preparing for potential market volatility, especially given the possibility of delays or disputes in determining the final outcome.

    “There’s been a lot of hedging against potential uncertainty, potential drama out of Washington. We’ve seen that. And now as we’re at Election Day, we kind of are optimistic that maybe some of that can unwind,” said Ryan Detrick, chief market strategist at Carson Group.

    If Trump prevails in the presidential election, that could cause a dislocation in the market as he is seen as a wild card, said Tuchman.

    Tuchman noted that there’s plenty of uncertainty around the election and it’s not reflected in the market.

    The market is above this sentiment around politics and it’s never been a big factor, added Tuchman.

    “If it becomes a very, very contested election that gets dragged out in the legal system for a couple of weeks. I think the market would not like that… that would be one downside risk,” said Anderson.

    Anderson added if Harris wins the election, a lot of this anticipation trade would have to get unwound and “you might have a 4 percent to 8 percent correction.”

    Beyond the election, the Federal Reserve’s November policy decision is fast approaching, with Election Day adding another layer of significance. Fed Chair Jerome Powell is widely anticipated to announce a 25 basis point rate cut at the conclusion of the two-day meeting on Thursday.

    MIL OSI China News –

  • MIL-OSI China: Moves seen helping boost consumption

    Source: China State Council Information Office

    China’s recent introduction of a potent stimulus policy package, including dedicated efforts to shore up consumer spending, will provide massive opportunities for global businesses keen to tap into its super-sized market and facilitate the transition toward a consumption-led growth model, global executives said on Tuesday.

    In particular, the China International Import Expo, running from Tuesday to Sunday in Shanghai, will play a key role in scaling up imports of quality goods and services and boosting the country’s consumption upgrading, they said during the ongoing trade event.

    Noting the great confidence in China’s consumption landscape, Jean-Paul Agon, L’Oreal Group chairman, said that the optimism is rooted in China’s vision for modernization, especially driven by recent government initiatives.

    Both national and local authorities have rolled out policy measures to bolster consumer confidence and unlock the full potential of domestic demand, he said.

    Governmental stimulus is key to elevating consumer sentiment, and this significant support will be instrumental in upgrading consumption and driving high-quality development, he added.

    China has solidified its position as the world’s second-largest consumer market for several consecutive years, and the trend continues to hold strong this year, said Li Gang, director-general of the department of market operation and consumption promotion of the Ministry of Commerce.

    Consumption has remained the primary driving force for China’s economic development as the growth in consumption contributed 49.9 percent to GDP growth in the first three quarters, said the Bureau of National Statistics.

    “The future of consumption in China is full of potential. That is why we at L’Oreal firmly believe that the next China is China, and that investing in China is investing in our future,” Agon said.

    Notably, the CIIE has emerged as a critical channel for expanding imports of high-quality goods and services to cater to the growing demand of the Chinese people and create more development opportunities for enterprises from all over the world.

    This year’s expo has set new benchmarks, drawing the participation of 3,496 exhibitors from 152 countries and regions — the highest number represented in the event’s history.

    As China’s consumption-driven economic transformation continues to gain momentum, the CIIE has emerged as an indispensable gateway for international enterprises to showcase their latest innovations.

    Healthcare company Abbott has utilized the expo as a significant platform to showcase hundreds of its latest products over the years, with many of them successfully transitioning from exhibition items to commercially available goods.

    This year, the company is again leveraging the CIIE stage to debut dozens of new-to-market products, said Fanny Chen, vice-president of Abbott Core Diagnostics, adding that this will allow the company to better understand the evolving needs of Chinese consumers and tailor its products accordingly.

    Between January and September, the total number of new consumer products launched nationwide came in at 15.18 million, representing a 13.1 percent year-on-year growth, according to data from the State Administration for Market Regulation.

    The sheer size and growth potential of the Chinese market make it a highly attractive and strategic destination for any businesses looking to expand their global footprint, Chen said.

    Moreover, the expo will significantly enrich China’s supply-side and bring new development frontiers for the country’s enterprises, said Wang Wei, senior research fellow at the Institute of Market Economy, which is part of the Development Research Center of the State Council.

    The trade event brings together a vast array of premium global brands and service providers that will introduce a wide range of cutting-edge products, technologies and services from around the world, Wang said.

    MIL OSI China News –

  • MIL-OSI China: China import expo attractive to global exhibitors

    Source: China State Council Information Office

    Chinese Premier Li Qiang pledged to open the country’s huge market further to share more growth opportunities with the rest of the world on Tuesday as the seventh edition of the China International Import Expo (CIIE) opened in Shanghai.

    Chinese Premier Li Qiang delivers a keynote speech at the opening ceremony of the seventh China International Import Expo and the Hongqiao International Economic Forum in east China’s Shanghai, Nov. 5, 2024. [Photo/Xinhua]

    The business exhibition of the world’s first national-level exposition dedicated to imports has attracted about 3,500 exhibitors from 129 countries and regions this year. Notably, a record high of 297 Fortune 500 companies and industry leaders are attending the six-day expo. And more than 400 new products, new technologies and new services are unveiled.

    Experts believe the large scale of the expo highlighted the global companies’ confidence in the Chinese market and their commitment to further development in China despite the sluggish global economic recovery.

    Enormous market

    China is willing to open up its enormous market further and will continue to expand market access to sectors including telecommunications, the internet, education, culture and healthcare in an orderly fashion, Premier Li said in a keynote speech at the opening ceremony of the 7th CIIE.

    The sound fundamentals of the Chinese economy remain unchanged, according to Li, adding that the country’s new growth drivers are fast-growing, with double-digit investment growth in high-tech industries and development booms in emerging industries including artificial intelligence, advanced manufacturing and the green economy.

    During a meeting on Monday with select exhibitors and buyers attending the expo, Li said that China is able to sustain steady economic recovery, improve the quality and capacity of its market, and provide more extensive growth space for global businesses in terms of trade, investment and innovation. He added that the Chinese market is still one of the best choices for companies worldwide.

    The keen interest from global participants has shown the growing influence of the CIIE and the charm of the Chinese market and also highlighted China’s determination to push forward the building of an open world economy, said Zhao Fujun, a researcher with the Development Research Center of the State Council.

    In 2018, China inaugurated the CIIE to build an open platform for international trade cooperation and to support free trade and economic globalization, making it a “golden gateway” to the world’s second-largest consumer market.

    This photo taken on Nov. 5, 2024 shows the Tanzania Pavilion during the seventh China International Import Expo (CIIE) in east China’s Shanghai. [Photo/Xinhua]

    More than 420 billion U.S. dollars worth of tentative deals were signed at the CIIE’s earlier six editions since 2018. Beyond the event, global companies can reach a larger customer base and make further investments in the country.

    Toshinobu Umetsu, president and CEO of Shiseido China, said he is very inspired and encouraged by Premier Li’s emphasis on China’s commitment to continuing high-level opening-up and to sharing development opportunities with the rest of the world.

    The Japanese cosmetics giant will continue to strengthen its long-term investment in China. It has never wavered in its confidence and determination to invest in China, as the incredible vitality and resilience of the Chinese market make it a very important international market, Umetsu said.

    German healthcare and agribusiness giant Bayer AG is among more than 180 companies and institutions that have attended all seven editions of the CIIE since 2018.

    Bayer’s participation at the expo demonstrates its unwavering commitment to this important market, said Bill Anderson, chairman of Bayer AG Management Board.

    “International cooperation and economic globalization are important factors in the world’s development. That’s why Bayer is glad to be part of the expo for the seventh consecutive year,” said Anderson.

    New opportunities

    The CIIE unlocks new opportunities for the world, Bayer said, adding that it will actively leverage this vital platform to continuously unleash its innovative potential while looking forward to forging partnerships with global collaborators.

    A visitor learns about a bronchoscope robot at the exhibition area of Intuitive Fosun during the seventh China International Import Expo (CIIE) in east China’s Shanghai, Nov. 5, 2024. [Photo/Xinhua]

    Penne Kehl, Asia Pacific Group president of Cargill Agriculture and Trading, expects a very busy schedule at the import expo, including meeting with customers and partners and signing a few important deals and partnerships. U.S. food giant Cargill has participated in CIIE for seven consecutive years.

    As its influence grows, the expo is attracting new foreign enterprises over the years. Canadian sportswear giant Lululemon is among the first-time participants.

    The Chinese mainland is Lululemon’s largest market outside of North America and is also one of the most dynamic and exciting ones, which is key to driving the company’s international business, said Calvin McDonald, CEO of Lululemon.

    “It’s an exciting opportunity to showcase the brand, drive awareness to our growth story and what we have planned for the future,” said McDonald. He added that Lululemon will continue to open more stores in the country, adding to its current 137 stores in 41 cities.

    China offers free booths and other support measures to 37 least-developed countries to help them showcase their products at the import expo. It also expanded the exhibition area for African agricultural products.

    China has been opening up its market to Africa, enabling transformation on the African continent, said Peter Kagwanja, founder and president of the Africa Policy Institute.

    MIL OSI China News –

  • MIL-OSI China: World leaders hail CIIE’s role in promoting trade, development

    Source: China State Council Information Office

    Director-General of the World Trade Organization (WTO) Ngozi Okonjo-Iweala delivers a video speech during the opening ceremony of the seventh China International Import Expo (CIIE) and the Hongqiao International Economic Forum at the National Exhibition and Convention Center (Shanghai) in east China’s Shanghai, Nov. 5, 2024. [Photo/Xinhua]

    Leaders from various countries and global organizations speak highly of the China International Import Expo’s (CIIE) role in promoting multilateral trade and common development.

    The seventh CIIE, running from Tuesday to Sunday in Shanghai, hosts 3,496 exhibitors from 129 countries and regions, as a world business gala.

    World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala noted that since joining the WTO in 2001, China has been a strong supporter of the organization and played a key role in building capacity for least-developed countries.

    “As geopolitical tensions intensify and signs of fracturing and fragmentation emerge in global trade and investment, it is crucial for political and business leaders around the world to collaborate on preserving and reforming the multilateral trading system to reflect the changing economic landscape,” she said.

    Rebeca Grynspan Mayufis, secretary-general of the United Nations Conference on Trade and Development, said China’s export and import activities have dramatic effects “even very far from its shores.”

    The expo sent a message of openness that businesses worldwide can connect, forge partnerships, and contribute to a more prosperous and interconnected global economy, she said.

    The CIIE offers companies worldwide, regardless of their sizes, a platform to showcase their capabilities and attract new investments, said Malaysian Prime Minister Anwar Ibrahim.

    Multinational cooperation for free trade and sustainability should serve as a tool to actively advance global progress, rather than as a means to suppress competition, promote unfair advantages, or create conflict, he said.

    Calling the CIIE a platform to support international trade development, cooperation, and new types of global partnerships, Denisa Sakova, deputy prime minister and minister of economy of the Slovak Republic, said her country has benefited greatly from participating in the expo, a place to showcase best and latest products and innovations to Chinese consumers.

    The CIIE has become an important platform for strengthening international economic integration, said Kazakh Prime Minister Olzhas Bektenov. For Kazakhstan, the expo helps to expand international cooperation with foreign partners and offers new opportunities for distributing Kazakh goods in international markets.

    Uzbekistan is taking advantage of opportunities such as the CIIE and striving to promote its position in the rapidly growing and attractive Chinese market, which will definitely deepen cooperation and development in trade, economy, investment, and other areas, said Uzbek Prime Minister Abdulla Aripov.

    Serbian Prime Minister Milos Vucevic said that as a platform for enterprises, people, and cultures to come together from around the world, the CIIE fosters not only business and commerce but also friendship and mutual understanding.

    MIL OSI China News –

  • MIL-OSI China: Israel’s Netanyahu fires defense minister amid conflict

    Source: China State Council Information Office

    Israeli Prime Minister Benjamin Netanyahu announced on Tuesday that he has dismissed Defense Minister Yoav Gallant, citing their differences over security matters.

    In a termination letter made public by Netanyahu’s office, the prime minister informed Gallant that his term would end within 48 hours.

    In a video statement, Netanyahu said, “Over the past few months, the trust between the Defense Minister and me has eroded. Significant differences emerged regarding the management of the (military) campaign, accompanied by statements and actions that contradicted government and cabinet decisions.”

    Netanyahu added that this crisis “does not allow for the proper continuation of managing the (military) campaign.”

    Israel Katz, Netanyahu’s close associate and Israel’s current foreign minister, will replace Gallant. The decision was met with widespread criticism due to Katz’s limited senior military experience.

    The Hostages and Missing Families Forum, a group representing families of hostages held by Hamas in Gaza, released a statement saying the move is part of Netanyahu’s efforts to thwart a potential hostage deal. The group noted that Gallant had supported a hostage-for-ceasefire exchange, emphasizing that Israel has met its objectives in Gaza, while Netanyahu continues to call for the conflict’s continuation until “total victory” over Hamas.

    The current dispute between Netanyahu and Gallant centers on the conscription of ultra-Orthodox men into the Israeli Defense Forces (IDF).

    Traditionally, this group has been exempt from mandatory military service, a status quo staunchly defended by ultra-Orthodox parties, which are key partners of Netanyahu’s far-right coalition. In contrast, Gallant advocates for their enlistment, citing a pressing need for additional manpower amid ongoing conflicts. Earlier on Tuesday, Gallant authorized the drafting of 7,000 ultra-Orthodox men into the IDF.

    MIL OSI China News –

  • MIL-OSI China: Drones launched from Iraq intercepted by Israeli military

    Source: China State Council Information Office

    Two drones launched from Iraq towards Israel’s Red Sea city of Eilat were intercepted on Tuesday night, the Israel Defense Forces (IDF) said in a statement.

    The drones triggered warning sirens near Eilat and at the Timna mines in the Arava region.

    According to the IDF, the Israeli Air Force intercepted a UAV (Unmanned Aerial Vehicle) that had infiltrated Israeli airspace in the Arava region from the east.

    A second UAV, also launched from the east, was intercepted before entering Israeli territory, it added.

    The Islamic Resistance in Iraq claimed responsibility for the attack, stating that it had targeted a “vital site” in Eilat.

    No injuries or damage were reported.

    MIL OSI China News –

  • MIL-OSI China: UN continues to deliver humanitarian aid to Lebanon

    Source: China State Council Information Office

    This photo taken on Nov. 2, 2024 shows the damage caused by Israeli airstrikes in Mashghara, Lebanon. [Photo/Xinhua]

    UN agencies and partners continue to deliver humanitarian aid to the crisis-impacted people in Lebanon amid escalating hostilities, Stephane Dujarric, spokesperson for the UN chief, said at a daily briefing on Tuesday.

    On Monday, UN Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) delivered medical supplies and fuel for generators to the Burj Shimali Palestinian refugee camp in Tyre in southern Lebanon. A humanitarian convoy also delivered medical supplies, medicine and hygiene kits to a healthcare center in Labweh, located in the Baalbeck-El Hermel area.

    Meanwhile, the World Food Programme (WFP) has already reached over 2 million vulnerable people in the country through its emergency assistance as well as regularly programs. WFP is also providing food assistance to Lebanese and Syrian people fleeing across the border into Syria.

    The UN Children’s Fund (UNICEF) is partnering with local authorities to facilitate the gradual return to learning for some 387,000 Lebanese children, including those staying in shelters and communities affected by the war.

    The initiative is part of an emergency response plan to support the opening and operation of 326 public schools not used as shelters to ensure school-age children in Lebanon have access to education.

    The Office for the Coordination of Humanitarian Affairs warned that the humanitarian situation in the country has reached levels that exceeded the severity of the 2006 war. The healthcare sector continues to face relentless attacks, with facilities, staff and resources increasingly caught in the crossfire, and further straining Lebanon’s already fragile health infrastructure.

    “Our humanitarian colleagues fear that, amid escalating hostilities and the deterioration of the humanitarian situation, the demand for food, medicine, shelter and other essential supplies is growing higher,” the UN spokesperson said, calling for urgent funding needed to sustain the response.

    However, the humanitarian appeal launched in the beginning of October for 426 million U.S. dollars is currently just under 19 percent funded. That means only 80 million dollars has been received so far, he added, urging countries not only to pledge but turn pledges to cash as early as possible.

    MIL OSI China News –

  • MIL-OSI China: China-Laos Railway sees passengers up 44% in 10 months

    Source: China State Council Information Office

    An international passenger train from Kunming of China to Vientiane of Laos arrives at Mohan port in southwest China’s Yunnan Province, April 9, 2024. [Photo/Xinhua]

    The China-Laos Railway’s Lao section has transported a total of 3 million passenger trips in 10 months of 2024, an increase of 44.4 percent from the same period last year.

    From Jan. 1 to Nov. 4, the railway carried 3 million passengers from 101 countries, according to a report issued on Tuesday by the Laos-China Railway Co., Ltd. (LCRC).

    More than 2,800,000 passengers traveled within the Southeast Asian country, while over 108,000 passengers were transported by cross-border passenger trains.

    The significant increase in the number of passengers on the Lao section of the China-Laos Railway is due to Laos’ role as chair of the Association of Southeast Asian Nations (ASEAN), the Visit Laos Year 2024 tourism promotion campaign, and the implementation of a visa-free policy for Chinese visitors.

    Since the beginning of this year, the LCRC has predicted passenger flow in advance, adjusted train operation plans promptly, and responded to passenger flow peaks by adding trains. The company also constantly optimizes ticket sale services and provides a variety of convenience services.

    Since its operation on Dec. 3, 2021, the China-Laos Railway has become a preferred mode of transport for travelers due to its affordability, convenience, and comfort.

    MIL OSI China News –

  • MIL-OSI China: China’s top legislator holds talks with Hungarian official

    Source: China State Council Information Office

    Zhao Leji, chairman of the National People’s Congress Standing Committee, holds talks with Laszlo Kover, Speaker of the Hungarian National Assembly, at the Great Hall of the People in Beijing, capital of China, Nov. 5, 2024. [Photo/Xinhua]

    China’s top legislator Zhao Leji held talks with Laszlo Kover, speaker of the Hungarian National Assembly, in Beijing on Tuesday.

    Zhao, chairman of the National People’s Congress (NPC) Standing Committee, said this year marks the 75th anniversary of the establishment of diplomatic ties between China and Hungary, and in May, the two sides elevated bilateral relations to an all-weather comprehensive strategic partnership for the new era.

    China is willing to work with Hungary to implement the important consensus reached by the leaders of the two countries, consolidate the momentum of high-level exchanges, enhance strategic communication and cooperation, and embark on a new chapter of practical cooperation, jointly creating a bright future, Zhao added.

    Zhao also expressed China’s willingness to strengthen policy communication with Hungary in various fields, deepen high-level political mutual trust, firmly support each other’s core interests, and consolidate the political foundation of China-Hungary friendship.

    The Chinese side is willing to promote a deep synergy of the Belt and Road Initiative (BRI) with Hungary’s “Opening to the East” policy, accelerate the construction of the Hungary-Serbia railway, and expand cooperation in emerging areas such as clean energy, digital economy, and artificial intelligence, to comprehensively elevate the level of cooperation, said Zhao.

    Noting that China’s NPC and the Hungarian National Assembly have maintained a long-standing and good relationship, Zhao said the two sides should further strengthen exchanges and interactions at different levels, to enhance mutual understanding, trust, and friendship. He also called on the legislative institutions of the two sides to strengthen coordination and cooperation in multilateral forums, promoting global governance that is more conducive to maintaining world peace and international fairness and justice.

    Kover said Hungary firmly adheres to the one-China principle and is willing to seize the opportunity of the 75th anniversary of the establishment of diplomatic relations to strengthen cooperation with China in various fields, including jointly building the BRI, promoting economic and trade investment, Hungary-Serbia railway construction, and people-to-people exchanges, to contribute to the cooperation between Central and Eastern European countries and China, as well as the development of EU-China relations.

    The Hungarian National Assembly is committed to enhancing friendly exchanges with China’s NPC, to make active contributions to the development of bilateral relations, Kover added.

    MIL OSI China News –

  • MIL-OSI New Zealand: Release: Government continues to fail small business

    Source: New Zealand Labour Party

    The Government is leaving small businesses high and dry in difficult economic times, by letting big business get away with not paying their bills.

    Data from Xero shows there has been an 81 percent increase in the cost of late payments to Kiwi small businesses, now costing firms more than $827 million a year.

    “That’s a huge jump from $456 million in 2021, and shows this Government is failing our small businesses. This is effectively theft and bullying by big businesses,” Labour’s small business and manufacturing spokesperson Helen White said.

    “Andrew Bayly repealed Labour’s Business Payment Practices Act, which required large businesses to report how long they took to pay invoices.

    “The Minister is simply out of touch if he thinks by telling Government departments to pay their bills on time that this large problem will go away.

    “Removing the requirement to report now means big multinational companies can do what they want and take as long as they want to pay without any consequences.

    “It’s unfair. Big businesses are forcing the little guy to carry their debt, hindering their ability to pay their own bills and wages.

    “Small business represents almost 30 percent of employment and contributes more than a quarter of New Zealand’s gross domestic product. It is critical the Government supports them to thrive and grow New Zealand’s economy.

    “Liquidations are at an all-time high. With the first eight months of 2024 seeing liquidations 40 percent higher than last year, the Minister should be taking urgent action to support small businesses,” Helen White said.

    Stay in the loop by signing up to our mailing list and following us on Facebook, Instagram, and X.

    MIL OSI New Zealand News –

  • MIL-OSI Economics: [User Guide] Balancing Work and Leisure With Galaxy Book5 Pro 360

    Source: Samsung

    A new era of AI-powered PCs has arrived, blending the efficiency of a laptop with the versatility of a tablet. In September,1 Samsung Electronics introduced the Galaxy Book5 Pro 360 — featuring a 360-degree rotating display that adapts to any task.
     
    What does life look like with an AI PC powered by the advanced Intel® Core Ultra processors (Series 2)? Samsung Newsroom spent a day using the Galaxy Book5 Pro 360 to find out.
     
     
    Getting Ready for Work: A Lightweight Tablet and a Large Display

    ▲ Galaxy Book5 Pro 360
     
    The morning begins with browsing the news — and the Galaxy Book5 Pro 360 adds a new dimension to this daily habit. Rotating the screen 360 degrees and turning on tablet mode makes viewing content easy on this large display. The keyboard and touchpad automatically lock to prevent any accidental input.
     

    ▲ Vertical mode
     
    When lifting the 16-inch screen vertically, the display automatically rotates to match the orientation. The 120 Hz adaptive refresh rate offers an effortless scrolling experience — almost like flipping through a digital newspaper.
     
    ▲ The Galaxy Book5 Pro 360 is built for portability.
     
    The Galaxy Book5 Pro 360’s slim 12.8 mm thickness and lightweight 1.69 kg design makes the device easy to carry to work. Supporting up to 25 hours of video playback,2 the laptop can be used uninterrupted even if users left their charger at home.

     

    Business Hours: Maximum Efficiency With AI
    ▲ Laptop mode
     
    Upon arriving at the office, the Galaxy Book5 Pro 360 can be switched to laptop mode — in which the powerful AI performance of the Copilot+ PC3 and the Intel® Core Ultra processors (Series 2) truly shine.
     
    ▲ Microsoft Copilot key
     
    There’s no need to worry when the workload piles up. A quick press on the keyboard’s Copilot key instantly activates Microsoft’s AI service, Microsoft Copilot. This AI assistant serves as an invaluable work partner, handling everything from searching and summarizing information to generating images.
     
    With Microsoft’s Phone Link,4 Galaxy AI features supported on Galaxy smartphones can be accessed on the large PC screen. Furthermore, Samsung Knox provides robust protection for sensitive information.

     
     
    Lunch Break: A Burst of Inspiration
    ▲ The S Pen is included with the Galaxy Book5 Pro 360.
     
    Lunchtime is the perfect moment to switch back to tablet mode and jot down some ideas or sketches in the office break room. The Galaxy Book5 Pro 360 instantly transitions from a work partner to a digital canvas, offering an enjoyable sketching and writing experience with the remarkably precise S Pen.
     
    ▲ Dynamic AMOLED 2X display
     
    After sketching, it’s time to relax by watching a video. Even when seated by a sunny window, the 3K high-resolution display with Vision Booster adjusts brightness for sharp and vivid clarity. The anti-reflective cover glass further enhances the experience by ensuring distraction-free viewing from any angle.
     
     
    Effective Collaboration With Adjustable Screen Rotation
    ▲ The Galaxy Book5 Pro 360 opens to 180 degrees for easy screen sharing during meetings.
     
    In the meeting room, teamwork is enhanced with the Galaxy Book5 Pro 360. The 360-degree rotating screen allows for flexible adjustments to 180 degrees, 210 degrees and more — so sharing materials and engaging with colleagues is a breeze.
     
    ▲ Quick Share
     
    After the meeting, sending meeting minutes from a smartphone to the Galaxy Book5 Pro 360 is fast and easy. The Quick Share feature significantly saves time when transferring large files, photos and even videos without the need for additional software.
     
     
    Dinner Time: A Moment To Reflect and Relax

    ▲ Multi Control
     
    After work, the Galaxy Book5 Pro 360 can be transitioned back to tablet mode when journaling at the end of the day. The laptop’s keyboard and mouse can be used on a smartphone with Multi Control for effortless switching between devices. Photos from the smartphone’s gallery can be dragged and dropped onto the PC screen and inserted into the journal using the touchpad — much like adding stickers to a digital diary filled with memories.
     

     
    ▲ The Galaxy Book5 Pro 360 delivers a cinematic viewing experience.
     
    At the end of the day, unwinding means curling up in bed to finally watch that long-awaited movie. The bedroom transforms into a personal theater with the Galaxy Book5 Pro 360’s sharp 3K resolution display, Quad speakers featuring Dolby Atmos® technology and larger woofer5 for deeper, richer sound.
     
    The Galaxy Book5 Pro 360 is more than just a work tool. The device serves as a professional AI partner in the office, a personalized entertainment hub at home and a creative digital canvas for the moments in the middle. This powerful AI-powered PC sets new standards for personal computing, adapting to different lifestyles and blurring the boundary between work and leisure.
     
     
    1 Availability may vary by region.2 Actual battery life may vary depending on model, network environment, usage patterns and other factors.3 Future updates will support Microsoft Copilot+ PC AI capabilities.4 Requires a Galaxy device from the Galaxy S22 Series, Flip4 or Fold4 (running One UI 6.1 or later) to connect with a Windows PC through Microsoft Phone Link. Follow the setup prompts, ensuring both devices are signed into the same Microsoft account. Microsoft Phone Link is preloaded on select Samsung Galaxy devices. The PC (Microsoft Phone Link app) requires Windows 10 or later. For optimal performance, it’s recommended that both the Samsung Galaxy device and the PC are on the same Wi-Fi network. Some mobile apps may limit content sharing on other screens. Feature availability may vary by model.5 Galaxy Book5 Pro 360 features a 38 mm woofer, while the Galaxy Book4 Pro 360 features an 18 mm woofer.

    MIL OSI Economics –

  • MIL-OSI USA: House Hearing Scheduled on Congressional Bill to Protect the Owyhee Canyon Lands

    Source: United States House of Representatives – Congressman Cliff Bentz (R-Ontario)

    WASHINGTON, D.C.– Congressman Cliff Bentz, (R-OR 02), is pleased to announce that his bill, to be introduced tomorrow, which would protect the Owyhee Canyon Lands, and the people who live on and around those lands, will be heard in the House Natural Resources Subcommittee on Federal Lands, at 2 pm on November 19th, 2024.

    “This bill is the result of hundreds of hours of negotiation and collaboration by those who live, work, and recreate in Malheur County, The Burns Paiute Tribe, and many environmental organizations.  It is based on a bill introduced last year by Senator Ron Wyden.  It is a provisional bill, but it contains those elements needed to protect the land, plants, animals and communities that rely upon that land.  I want to thank the Senator for his personal involvement and for his staff’s work, and I look forward to successfully passing this bill out of the House within the next few weeks,” said Congressman Cliff Bentz. 

    “Congressman Bentz and I have been working together to pass Owyhee legislation before the end of the year. His announcement today of the upcoming hearing in the House Natural Resources Subcommittee on Public Lands on his “Oregon Owyhee Wilderness and Community Protection Act” takes a significant step forward toward achieving that goal,” Senator Ron Wyden said. “I applaud Congressman Bentz’s thoughtful and constructive approach and am looking forward, as we continue to work together on this bill, to success on legislation that leaves the farmers, ranchers, preservationists, Tribes and all the residents of Eastern Oregon the true winners of the economic and preservation gains this legislative approach can achieve.”

    MIL OSI USA News –

  • MIL-OSI New Zealand: Gift a gift to change a life this Christmas – World Vision

    Source: World Vision

    Ethical gifts from World Vision’s Gift Catalogue offer a meaningful alternative to traditional gifts

    This festive season, World Vision is inviting compassionate Kiwis to consider the millions of children around the globe who will go hungry while we celebrate the festive season.  

    As we approach Christmas this year, more children are facing hunger, starvation, and conflict than ever before.  

    World Vision is determined to change this narrative by inspiring New Zealanders to give gifts that make a genuine difference. Instead of opting for novelty items or extravagant gadgets, we’re inviting Kiwis to consider the impact of a truly meaningful gift this year. A gift that will not only bring joy to a child or a family in need, but that has the power to truly transform lives.

    Imagine providing a child with clean water for just $45, a chicken to provide eggs for a family at $12, or emergency food for $60.  

    With options like a beehive ($350), cooking classes to combat malnutrition ($54), a veggie garden ($28), reviving a forest ($215), or enabling a girl to get an education for $80, each gift not only brings hope but also paves the way for a brighter future.

    Each gift purchased comes with a printed card or e-card so the giver can personalise and explain the life-changing impact that has been made on the recipient’s behalf. By sharing a gift with a loved one that carries a powerful message of compassion and change, you make a difference in the lives of children and their families.

    World Vision Associate National Director TJ Grant says: “We know that small acts of compassion, kindness, and love over the festive season and beyond make a massive difference in the lives of children who are living with hunger and are in extreme poverty.  By giving a life-changing gift from our Christmas Gift Catalogue, or even making a simple text donation, New Zealanders can help children and families who are facing extreme hunger this Christmas.”

    Not sure what to give this festive season? Here are some suggestions from our most popular gifts:

    • Gifts for $10 
    • Fast-growing seeds 
    • Immunise a child.
    • Gifts under $25 
    • Chicken ($12) 
    • Tree seedlings ($18) 
    • Mosquito nets ($22) 
    • Back to school pack ($25) 

    Gifts under $50

    • A family vegetable garden ($28) 
    • Garden tools ($35) 
    • A duck ($40) 
    • Clean water for a child ($45)
    Cooking classes to fight malnutrition ($54)

    This holiday season, World Vision encourages everyone to come together to spread joy and compassion. Choose a gift that transforms lives and makes a lasting impact and be part of the change you want to see in the world.  

    To purchase a life-changing gift, visit worldvision.org.nz/gifts, text SUPPORT to 5055 and donate $3 to gift emergency food to a hungry child or call 0800-245-000 and share what gift you’d like to purchase. Together change IS possible.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Efficiencies found to deliver two further NIWE recovery projects

    Source: New Zealand Government

    Upgrades to Nesbitt’s Dip on State Highway 2 (SH2) and Rototahe on State Highway 35 (SH35) will go ahead as a result of improved efficiencies in the Government’s North Island Weather Event recovery programme, Transport Minister Simeon Brown says.

    “Regions in the North Island suffered extensive and devastating damage from Cyclone Gabrielle and the 2023 Auckland Anniversary Floods. As part of Budget 2024, our Government committed $609.25 million for state highway recovery to restore roads back to their previous condition, and in July I announced that $250 million of this would be allocated to the East Coast.

    “Work to remedy flooding at SH2 Nesbitt’s Dip and SH35 Rototahe was listed but would only advance into delivery if efficiencies in the programme were found. I’m pleased that with a strong focus on achieving value for money and improving efficiency across the recovery programme, these two important projects can now proceed within existing funding.

    “These two sections of highway that connect communities on the East Coast have been closed many times due to flooding, most recently at the end of June. These closures create safety risks for emergency services responding to emergencies, and cause significant disruption for communities, businesses, and the flow of freight and goods.

    “To enable people and freight to get where they want to go quickly and safely, crews will raise the height of SH2 Nesbitt’s Dip and SH35 Rototahe above the flood level and improve drainage at both sites. By addressing the root causes of flooding and road closures, NZTA will provide a safer and more reliable route for the region.

    “Our Government is committed to ensuring our state highway corridors impacted by the NIWE are returned to the standard that Kiwis need and expect. I look forward to these works progressing and being completed.”

    MIL OSI New Zealand News –

  • MIL-OSI Australia: Arrest – Post and boast – Darwin

    Source: Northern Territory Police and Fire Services

    Northern Territory Police have arrested one male youth in relation to posting and boasting offences in Darwin over the weekend.

    Around 5pm Saturday, police responded to an unlawful entry at an address in Millner where multiple personal items were reported stolen.

    The victim later identified their belongings being held by people in a social media post and reported this to police.

    Investigations led police to conduct a lawful search of a residence in Millner, where one of the stolen items was located.

    A 13-year-old male was arrested and charged with receiving stolen property and publishing material about offending conduct.

    Investigations are ongoing.

    Strike Force Trident urge anyone with information to make contact on 131 444 or make an anonymous report to Crime Stoppers on 1800 333 000. 

    MIL OSI News –

  • MIL-OSI USA: RGA Statement on North Dakota Gubernatorial Election

    Source: US Republican Governors Association

    The following text contains opinion that is not, or not necessarily, that of MIL-OSI –

    WASHINGTON, D.C. – Republican Governors Association Chair and Tennessee Governor Bill Lee issued the following statement congratulating Governor-elect Kelly Armstrong on his victory in North Dakota:

    “Governor-elect Kelly Armstrong is a proud, lifelong North Dakotan with a proven record of public service and conservative leadership. From his work as a state senator to his role in Congress, Kelly has been a tireless advocate for North Dakota’s values, creating jobs, defending property rights, and securing essential infrastructure for communities across the state.

    “Kelly’s deep roots in North Dakota, combined with his leadership on key issues like energy, agriculture, and public safety make him the right leader to guide the state into the future. The RGA is proud to congratulate Governor-elect Armstrong on his victory and looks forward to supporting him as he works to ensure a bright future for all North Dakotans.”

    ###

    MIL OSI USA News –

  • MIL-OSI Security: FBI Statement on Additional Inauthentic Uses of Bureau Name, Insignia in Promoting False Election-Related Narratives

    Source: Federal Bureau of Investigation FBI Crime News (b)

    Today, the FBI was made aware of three instances of its name and insignia being misused to promote false narratives surrounding the election. These three instances are the latest in a series of fabricated videos and statements falsely attributed to the FBI designed to mislead the American public.
     
    The first is a fabricated FBI written statement warning media and bloggers against publishing information about violence at polling stations. The false statement claims active dissemination of information about attacks at polling stations may provoke a spontaneous increase in such incidents and that withholding such information would ensure the safety of U.S. citizens. This statement is not authentic, is not from the FBI, and its contents are false.
     
    The second is a fabricated video impersonating the FBI and a United States government agency purportedly providing a joint statement suggesting schools suspend educational activities through November 11, claiming that “the risk of school shooting and riots has increased significantly” because of the U.S. election. The fake video further states, to avoid casualties, schools should switch to distance learning or temporarily cancel classes. This video is not authentic, is not from the FBI, and its contents are false.
     
    The third is a fabricated video claiming the FBI received “9,000 complaints about malfunctioning voting machines.” It further states that the machines were found submitting votes for a specific candidate. This video is also not authentic, is not from the FBI, and its contents are false.
     
    Election integrity is among our highest priorities, and the FBI is working closely with state and local law enforcement partners to respond to election threats and protect our communities as Americans exercise their right to vote. Attempts to deceive the public with false content about FBI threat assessments and activities aim to undermine our democratic process and erode trust in the electoral system.   
     
    The FBI encourages everyone to seek election and voting information from reliable sources, such as your local election office. And if you suspect criminal activity, we ask that you report that information to state or local law enforcement or by contacting the FBI at 1-800-CALL-FBI (225-5324), or by submitting a tip online to tips.fbi.gov.

    MIL Security OSI –

  • MIL-OSI Economics: Secretary-General of ASEAN to participate in the 11th CLMV Summit in Kunming, the People’s Republic of China

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, will participate in the 11th CLMV Summit to be held in Kunming, China, on 7 November 2024. The Summit is a significant gathering to provide a great opportunity to review the progress, exchange views and further explore ways and means for CLMV cooperation that complement the Initiative for ASEAN Integration. The Summit underscores the importance of subregional cooperation arrangement, which covers a wide range of cooperation, such as trade, investment and human resource development in supporting and contributing to ASEAN integration and community-building efforts.
    The post Secretary-General of ASEAN to participate in the 11th CLMV Summit in Kunming, the People’s Republic of China appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI USA: President Joseph R. Biden, Jr. Approves Major Disaster Declaration for the Seminole Tribe of  Florida

    US Senate News:

    Source: The White House
    Today, President Joseph R. Biden, Jr. declared that a major disaster exists for the Seminole Tribe of Florida and ordered Federal aid to supplement the Tribal Nation’s efforts in the areas affected by Hurricane Milton beginning on October 5, 2024, and continuing.
    The President’s action makes Federal funding available to affected individuals of the Seminole Tribe of Florida.
    Assistance can include grants for temporary housing and home repairs, low-cost loans to cover uninsured property losses, and other programs to help individuals and business owners recover from the effects of the disaster.
    Federal funding is also available to the Seminole Tribe of Florida and certain private nonprofit organizations on a cost-sharing basis for emergency work and the repair or replacement of facilities damaged by Hurricane Milton.  For a period of 90 days of the Tribal Nation’s choosing within the first 120 days from the start of the incident period, assistance for debris removal and emergency protective measures, including direct Federal assistance, under the Public Assistance program is authorized at 100 percent of the total eligible costs.
    Lastly, Federal funding is available on a cost-sharing basis for hazard mitigation measures for the Seminole Tribe of Florida.
    Ms. Leda M. Khoury of the Federal Emergency Management Agency (FEMA) has been appointed to coordinate Federal recovery operations in the affected areas. 
    Additional designations may be made at a later date if requested by the Tribal Nation and warranted by the results of further damage assessments.
    Residents and business owners who sustained losses in the designated areas can begin applying for assistance at www.DisasterAssistance.gov, or by calling 800-621-FEMA (3362), or by using the FEMA App. Anyone using a relay service, such as video relay service (VRS), captioned telephone service or others, can give FEMA the number for that service. 
    FOR FURTHER INFORMATION MEDIA SHOULD CONTACT THE FEMA NEWS DESK AT (202) 646-3272 OR FEMA-NEWS-DESK@FEMA.DHS.GOV.

    MIL OSI USA News –

  • MIL-OSI New Zealand: Release: Winston Peters must apologise

    Source: New Zealand Labour Party

    The Deputy Prime Minister should apologise to the public servant he named and blamed for something they did not do, and for misusing the rules of Parliament.

    “Parliament has standards, and Winston Peters fell well short of those,” Labour Leader Chris Hipkins said.

    “The Speaker has today ruled that the Deputy Prime Minister’s use of a personal statement misused the rules of the House.

    “Yesterday, the Prime Minister Christopher Luxon had to apologise for again bringing a public servant into the debate, despite that person having done nothing wrong. Christopher Luxon should be ashamed of the position he has taken on this.

    “Winston Peters has no evidence of wrongdoing, because there isn’t any. The person he has accused of wrongdoing cannot speak back, is part of a politically neutral public service and has declared the conflict of interest.

    “Winston Peters should personally apologise to them, and to the House,” Chris Hipkins said. 

    Stay in the loop by signing up to our mailing list and following us on Facebook, Instagram, and X.

    MIL OSI New Zealand News –

  • MIL-OSI Asia-Pac: Speech by SJ at Hong Kong Legal Week 2024: Beyond Litigation: The Vibrant Landscape of Alternative Dispute Resolution of Hong Kong (English only)

    Source: Hong Kong Government special administrative region

    Speech by SJ at Hong Kong Legal Week 2024: Beyond Litigation: The Vibrant Landscape of Alternative Dispute Resolution of Hong Kong (English only)
    Speech by SJ at Hong Kong Legal Week 2024: Beyond Litigation: The Vibrant Landscape of Alternative Dispute Resolution of Hong Kong (English only)
    ******************************************************************************************

         Following are the opening remarks by the Secretary for Justice, Mr Paul Lam, SC, at Hong Kong Legal Week 2024: Beyond Litigation: The Vibrant Landscape of Alternative Dispute Resolution of Hong Kong today (November 6): Distinguished guests, ladies and gentlemen,      It is a great pleasure to see you all again on day three of Hong Kong Legal Week 2024. After two days of fruitful discussions on issues relating to international law, today we will put our focus back on Hong Kong, in particular, our alternative dispute resolution (ADR) services. Today’s theme is “Beyond Litigation: The Vibrant Landscape of Alternative Dispute Resolution of Hong Kong”.           Hong Kong takes pride in our world-class ADR services and legal talents. It is immensely encouraging that in the latest World Competitiveness Yearbook 2024, Hong Kong ranks fifth globally as the most competitive economy, and, most importantly, ranks first in the sub-topics of “Business Legislation” and “International Trade”. In the recent “Business Ready 2024 Report” published by the World Bank Group, Hong Kong ranks eighth in the topic of “Dispute Resolution” among the 50 economies covered.           In recent years, the Government has formulated a comprehensive set of policy initiatives, which aim at deepening the mediation culture in Hong Kong. At present, mediation clauses are not mandatory in government contracts but various forms of such clauses can be found in some of them. Resolving disputes through mediation can save public funds, achieve early resolution of disputes and lessen the burden on our courts. There have been a multitude of successful instances of mediation involving the Government, from personal injuries cases, construction works disputes, adverse possession claims to medical negligence cases. Against such a background, it was first mentioned in the Chief Executive’s 2023 Policy Address and repeated in “The Chief Executive’s 2024 Policy Address” that the Government will take the lead, and incorporate mediation clauses in government contracts, while encouraging private organisations to incorporate similar clauses in their contracts. The key effect of including such clauses is that, if any dispute arises, the parties are obliged to try to resolve it by mediation first, and will resort to arbitration or litigation if, but only if, mediation fails.           Taking the opportunity of today’s event with a strong emphasis on mediation, I am very pleased to announce that today, the Government will formally issue a policy statement on the incorporation of mediation clauses in all government contracts. The policy statement is a confirmation of the Government’s commitment to use mediation to resolve contractual disputes. Upon the taking effect of the policy, the Government will incorporate mediation clauses in all future government contracts; and departure from that policy will need to be justified by exceptional circumstances, for example, the existence of an inconsistent statutory provision. Supporting and monitoring mechanisms to be provided by the Department of Justice to other policy bureaux and departments will be put in place to ensure the smooth implementation of this policy. Through this policy, we do not only aim at ensuring that contractual disputes involving the Government may be resolved in a flexible, economical and time-saving manner. We also hope that, with the Government taking the lead, the policy will also encourage the private sectors to follow suit, contributing to the cultivation of a mediation culture in Hong Kong and bringing more harmony and peace to society.            With this policy initiative in mind, I would like to introduce our three panels and distinguished speakers for today’s event. The first panel discussion this morning, entitled “Mediation in Action: Harmony and Peace for All”, will cover how mediation can be used effectively in various sectors of the community, for instance, in areas of family disputes, civil claims, improving relations between citizens and government departments, and not simply for resolving the disputes but, more importantly, to foster a culture that embraces mutual respect, harmony and inclusiveness.           The Government has always been a staunch supporter of mediation for the community. Since 2009, we have launched the Mediate First Pledge campaign to encourage the use of mediation as the first step to resolve disputes. The Mediate First Pledge is a non-legally binding commitment by pledgees to first explore the use of mediation to resolve disputes before resorting to other means of dispute resolution. At present, over 900 companies, organisations and individuals coming from different sectors have signed the pledge. The biennial Mediation Week and Mediation Conference, coupled with the Mediate First Pledge Event, are our flagship events to explore and promote wider use of mediation to resolve disputes in Hong Kong. The last one was just held a few months ago in May this year.           A very significant event about mediation with global significance took place in Hong Kong on October 17, less than a month ago. On that day, the four-day Fifth Session of the Elaboration of the Convention on the Establishment of The International Organization for Mediation (IOMed) was concluded. Representatives from various countries completed negotiations on the Convention at that session and decided that the signing ceremony for the Convention will be held in Hong Kong in 2025. The IOMed is the first intergovernmental international legal body dedicated to settling international disputes by mediation. With the support of our motherland China and the agreement of other state parties, it was agreed that the headquarters of the International Organization for Mediation will be established in Hong Kong in 2025. This represents a strong vote of confidence in Hong Kong and a clear acknowledgement from the international community of Hong Kong’s status as an international dispute resolution centre. I am delighted that Dr Sun Jin, Director-General of the International Organization for Mediation Preparatory Office, will deliver a keynote speech before lunch today.           Later this afternoon, we will discuss ADR in the context of artificial intelligence (AI). While there is no doubt that the use of AI may enhance the efficiency in resolving disputes, it is vital to ensure that the integrity of the dispute resolution process will not be compromised by the misuse of AI, whether intentionally, negligently or even inadvertently. Our distinguished speakers will consider the opportunities and risks associated with the use of artificial intelligence in ADR. They will also discuss the adoption of lawtech by Hong Kong practitioners, the benefits of lawtech in improving legal services and enhancing access to justice.           Our last panel of today’s event is on sports disputes. As stated in “The Chief Executive’s 2024 Policy Address”, with our thriving development of sports activities and the industry, sports disputes have become increasing complicated. Hence, Hong Kong will explore establishing a sports dispute resolution system and promoting sports arbitration. In this session, our speakers will share their experiences and insights regarding the demand, application, effectiveness and challenges of sports ADR.           To round up today’s events, we will have the 2024 Hong Kong Mediation Lecture at the office of Herbert Smith Freehills this evening. Professor Shahla Ali, through her perspective as a mediator with the World Bank and the Energy Community Panel, would explore the unique challenges and opportunities involved in the use of mediation in deals relating to natural resources, particularly in the Belt and Road Initiative, and how mediation can contribute to ensure that energy and natural resources agreements are environmentally sustainable and foster collaborative approaches.           While today’s programmes are focused on mediation, we must not forget that Hong Kong has always been promoting and expanding our arbitration services proactively not just in Hong Kong but also the Mainland and other countries. Two examples would suffice. First, the Hong Kong Arbitration Week was just been held between October 21 and 25. Second, the Hong Kong International Arbitration Centre has recently announced its imminent opening of a Beijing office, being its second office in the Mainland since the opening of its Shanghai office back in 2015.           As I mentioned on different occasions previously, Hong Kong is an international legal dispute resolution centre in which numerous options, all of top quality, are made available to the parties to disputes. On this note, let me conclude by wishing you very fruitful exchanges and discussions in today’s sessions to come. Thank you very much.

     
    Ends/Wednesday, November 6, 2024Issued at HKT 11:15

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI China: Xi stresses preservation, research on ancient bamboo slips

    Source: China State Council Information Office 2

    Xi Jinping, general secretary of the Communist Party of China Central Committee, has stressed sound protection and in-depth research on ancient bamboo and wooden slips.
    Xi made the remarks during his visit to an exhibition featuring slips dating back to the Qin Dynasty (221 B.C.-207 B.C.) and the Han Dynasty (202 B.C.-220 A.D.) at a museum in Yunmeng County, central China’s Hubei Province, on Monday afternoon. 

    MIL OSI China News –

  • MIL-OSI China: Xi urges accelerating rural revitalization

    Source: China State Council Information Office 2

    Xi Jinping, general secretary of the Communist Party of China Central Committee, has urged accelerating rural revitalization to advance Chinese modernization.
    Xi made the remarks on Tuesday during an inspection trip in Xianning City, central China’s Hubei Province, where he visited a vegetable farm and a village. 

    MIL OSI China News –

  • MIL-OSI China: Chinese auto brand unveils 1st off-road model in Egypt

    Source: China State Council Information Office

    Visitors pose for photos at the launching ceremony of Jetour Auto’s first off-road SUV model T2 in Cairo, Egypt, Nov. 4, 2024. [Photo/Xinhua]

    Jetour Auto, a Chinese auto brand, unveiled its first off-road SUV model, namely T2, on Monday evening.

    Under the theme of “Travel Together,” the launching ceremony held by Jetour at the Saladin Citadel, one of the most famous landmarks in the Egyptian capital of Cairo, attracted more than 600 guests from Egypt and China, including auto dealers, auto experts, internet influencers, and media representatives.

    “T2 is our first off-road model launched in Egypt … After its debut in the UAE (United Arab Emirates), Saudi Arabia, and other countries in the Middle East in the first quarter of 2024, it rapidly became the best-selling boxy SUV in the region,” said Yuan Anguo, vice president of Jetour International Marketing Company.

    According to the Chinese auto brand established in 2018, Jetour’s cumulative sales have now exceeded 1.22 million worldwide.

    In the first three quarters of 2024, a total of 4.312 million complete vehicles were exported from China to markets worldwide, a year-on-year increase of 27.3 percent, showed the latest data from the China Association of Automobile Manufacturers.

    MIL OSI China News –

  • MIL-OSI China: World Travel Market London opens

    Source: China State Council Information Office

    A visitor tastes Chinese tea at the China pavilion of the World Travel Market (WTM) London 2023 in London, Britain, Nov. 6, 2023. [Photo/Xinhua]

    The World Travel Market (WTM) London 2024 opened on Tuesday, with the China pavilion drawing attention for its abundant tourism resources and cultural appeal.

    The pavilion is set to feature a range of destination promotions, business networking sessions, and showcases of intangible cultural heritage. Attendees can also enjoy interactive experiences, including Chinese “baijiu” liquor tastings, Tai Chi workshops, and samples of Chinese cuisine.

    This year’s Chinese delegation consists of representatives from nine provinces and cities, including Beijing, Shanghai, Chongqing, Xinjiang and Shaanxi, alongside dozens of airlines and tourism companies.

    After browsing brochures and speaking with representatives at the China pavilion, Gary King, head of trade sales at London-based Wendy Wu Tours, told Xinhua that his top two destinations for future trips to China are Zhangjiajie in the central Hunan Province and Guilin in the southern Guangxi Zhuang Autonomous Region, both renowned for their “spectacular scenery.”

    The Old House Area (Laowuchang) of the Wulingyuan scenic area in Zhangjiajie, central China’s Hunan province. [Photo by Zhang Junmian/China.org.cn]

    King said he traveled to China for the first time last year and was “absolutely captivated,” highlighting the local cuisine, welcoming people, extensive high-speed railway network, and the diversity between cities as the aspects he loved most about the country and his experience.

    Since last year, China has been expanding its visa-free entry policies to boost the recovery of inbound tourism, making it increasingly easier and more appealing for foreign tourists to explore the country.

    This year’s China pavilion at WTM London, themed “high-quality tourism development in China,” emphasized green and sustainable tourism, showcasing the harmonious coexistence of humanity and nature.

    “Tourism businesses and boards have a responsibility to help businesses become greener and more regenerative, while also helping consumers make sustainable choices,” Patricia Yates, CEO of VisitBritain/VisitEngland, the UK’s national tourism agency, told Xinhua.

    She noted that international tourism not only generates economic value but also enriches people “personally and mentally” by providing opportunities to “speak with different people, understand different cultures, and learn about diverse lives and experiences.” High-quality tourism, she added, encourages travelers to stay longer and explore more deeply in their destinations.

    Foreign tourists pose for a photo in front of the Hall of Prayer for Good Harvests, or Qiniandian, at the Tiantan (Temple of Heaven) Park in Beijing, capital of China, July 9, 2024. [Photo/Xinhua]

    Over the decades, China has made remarkable strides in facilitating travel, enhancing various aspects like tourism infrastructure, cultural heritage site accessibility, mobile payment services, and transportation convenience — including a rail network that spans the entire country.

    At the event, Shi Zeyi, an official from China’s Ministry of Culture and Tourism, said that China is dedicated to fostering practical, mutually beneficial partnerships with worldwide tourism professionals and contributing to the growth and prosperity of the global tourism industry.

    Established in 1980, WTM London connects global travel buyers with leading destinations and brands annually, making it one of the world’s most influential events in the travel and tourism industry.

    The 44th edition of WTM London, themed “travel powers the world,” opened on Tuesday and will continue until Thursday. It is expected to attract over 40,000 attendees and nearly 4,000 exhibitors from around 180 countries and regions, with more than 70 conference sessions scheduled.

    MIL OSI China News –

  • MIL-OSI China: Growth expected to pick up after lull

    Source: China State Council Information Office

    China’s economy showed early signs of having bottomed out across the board in October, indicating that the country’s ramped-up efforts to revitalize domestic spending against external uncertainties are starting to yield effects, analysts said on Tuesday.

    They commented as data from media group Caixin pointed to the fastest expansion of services activity in three months while manufacturing activity resumed upward momentum, matching the improvements of official indicators.

    David Chao, global market strategist for the Asia-Pacific region (excluding Japan) at Invesco, said: “China’s leading economic indicators improved across the board for October, suggesting that the economy continues to regain momentum. This should translate into improving economic conditions and activity for the rest of the year.”

    A privately surveyed purchasing managers index for the services sector came in at 52 in October, up from 50.3 in September and marking the highest reading in three months, a Caixin report said on Tuesday. Any PMI reading above 50 indicates an expansion in activity.

    The reading fared better than 50.3 which many analysts had expected as the rate of expansion in new business inflows rose for the first time in four months following the launch of a series of policies to shore up the economy since late September.

    In October, the level of confidence among service providers rose to the highest since May, while selling prices stabilized after falling for two successive months. Service providers raised staffing levels for a second consecutive month, albeit marginally, the report said.

    The uptick in services activity came along with manufacturing activity resuming expansion in October, driven by renewed new business growth. The Caixin China General Composite PMI, covering both manufacturing and services activity, came in at 51.9 in October, up from 50.3 the previous month, marking the highest showing in four months.

    Also indicative of momentum recovery, the official composite PMI came in at 50.8 in October, up from 50.4 a month earlier, the National Bureau of Statistics said on Thursday.

    Wang Zhe, senior economist at Caixin Insight Group, said that the PMI surveys showed that market demand stabilized and optimism improved, which are early signs of the new policies’ impact, though the labor market remained under pressure while prices were still subdued.

    China is expected to further consolidate its policy support as the country’s top legislature is expected to approve additional fiscal support this week.

    Zhang Bin, deputy director of the Chinese Academy of Social Sciences’ Institute of World Economics and Politics, said China’s current round of countercyclical adjustments is ultimately aimed at promoting a robust recovery in overall income levels, which is key to further lifting consumption.

    The task of convincing consumers to spend more is deemed by analysts to be of particular importance against elevated external political and trade uncertainties and amid China’s pursuit of a more consumption-oriented growth model.

    While services providers polled by Caixin reported a solid increase in exports in October, export orders in the manufacturing sector remained in decline, though the rate of reduction eased. The official PMI survey showed that manufacturers’ new export orders contracted at a faster rate in October.

    MIL OSI China News –

  • MIL-OSI China: China shines on opening up, as world openness level degrades

    Source: China State Council Information Office

    Guests attend the press conference on World Openness Report 2024 and International Symposium on World Opening-Up during the 7th Hongqiao International Economic Forum in Shanghai, east China, Nov. 5, 2024. [Photo/Xinhua]

    The World Openness Index, gauging the openness levels of 129 economies from 2008 to 2023, shows that China remains one of the bright spots in a globally declining landscape of openness.

    The index was included in the World Openness Report 2024, which was released on Tuesday at the seventh Hongqiao International Economic Forum in Shanghai.

    In 2023, the World Openness Index stood at 0.7542, reflecting decreases of 0.12 percent compared to 2022, 0.38 percent compared to 2019, and 5.43 percent compared to 2008. This suggests an overall downward trend in global openness.

    The index, first released in 2021, was compiled by the Institute of World Economics and Politics under the Chinese Academy of Social Sciences (CASS) and the Research Center for Hongqiao International Economic Forum.

    According to the report, the pace of economic globalization has continued to falter over the past year, with the world’s opening-up level “in deficit.”

    “Various forms of unilateralism and protectionism are on the rise, global economic growth is slowing down, many economies are increasing tariffs and non-tariff measures, geopolitical risks are intensifying, and combined with shocks such as the COVID-19 pandemic,” the report said, listing the major factors contributing to a less open global economy.

    Zhang Yuyan, an economist and academician of CASS, said that the number of global trade intervention measures exceeded 4,700 from 2020 to 2023, significantly higher than the levels before 2020.

    Economic sanctions are working against opening, imposing a negative impact on globalization, said Nobel laureate economist Christopher Pissarides at a symposium after the release of the report. “I hope they end soon, but I don’t quite see it,” he added.

    Despite these challenges, China is presented as one of the positive exceptions in the global landscape of openness, based on the data revealed by the report.

    China has made significant progress in expanding its opening-up. From 2008 to 2023, China’s openness index rose from 0.6789 to 0.7596, an increase of 11.89 percent, placing it among the top economies globally in terms of growth rate.

    “China’s opening up is a model for mutually beneficial engagement. In the current complex and ever-changing international landscape, events like the China International Import Expo (CIIE) have become shining symbols of China’s commitment to opening up,” said Qu Weixi, director of the Research Center for Hongqiao International Economic Forum.

    The report also underscores key areas of global cooperation that have emerged despite rising anti-globalization sentiment.

    Digital opening-up, environmental and climate governance, and the service sector are identified by the report as significant areas where international collaboration has gained momentum.

    These sectors present new opportunities for global growth and suggest the potential for a more interconnected and cooperative world economy in the face of rising protectionism, according to the report.

    “We hope the release of this report will spark more in-depth and widespread discussions about global openness. By fostering greater consensus and collective efforts, we can contribute to the development of an open global economy,” Qu said.

    MIL OSI China News –

  • MIL-OSI China: Global companies debut cutting-edge technologies

    Source: China State Council Information Office

    This photo taken on Nov. 4, 2024 shows the automobile exhibition area of the 7th China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) in Shanghai, east China. [Photo/Xinhua]

    With the seventh China International Import Expo (CIIE) in full swing in Shanghai, global companies are unveiling their latest technological innovations, capitalizing on the opportunities arising from China’s commitment to further opening up both its market and manufacturing industry.

    GE Healthcare, a regular exhibitor at the CIIE, has brought an unprecedented lineup to Shanghai this year. The U.S. medical technology company is showcasing multiple products either making their global or Chinese debut.

    Eyeing China’s growing demand for advanced medical technology, GE Healthcare is exhibiting its largest collection of new products ever at this year’s expo, where it has been participating since 2018, said Zhong Luyin, the company’s China communications executive.

    “Our goal extends beyond mere participation in the expo. More importantly, we look forward to engaging in China,” Zhong said.

    A stage for all

    At the ongoing CIIE, over 400 new products, technologies and services from around the world are being showcased, spanning sectors such as artificial intelligence, new materials, autonomous systems and energy transition technologies.

    During a meeting on Monday with select exhibitors and buyers attending the expo, Chinese Premier Li Qiang said that China is able to sustain steady economic recovery, improve the quality and capacity of its market, and provide more extensive growth space for global businesses in terms of trade, investment and innovation. He added that the Chinese market is still one of the best choices for companies worldwide.

    Just days ago, China removed all market access restrictions for foreign investors in the manufacturing sector, with the country’s new edition of its national negative list for foreign investment having taken effect on Nov. 1. This significant move marked the latest effort of the world’s second-largest economy to open its doors even wider.

    “Benefiting from the ‘spillover effect’ of the expo, many of our showcased products are now in use across Chinese hospitals,” said Lu Yi, MRI marketing manager of Siemens Healthineers. At this year’s CIIE, the German medical technology company is unveiling the MAGNETOM Terra.X, its latest generation of magnetic resonance imaging (MRI) equipment — the first time this new equipment is being displayed in Asia.

    Lu revealed that Siemens Healthineers is advancing its localization strategy for cutting-edge product manufacturing. Notably, the MAGNETOM Terra.X is slated for future production at the company’s base in Shenzhen, south China’s Guangdong Province.

    Apart from traditional technological sectors, the ongoing expo showcases an array of futuristic exhibits that seem straight out of the world of science fiction, including tires designed for lunar exploration vehicles, electric vertical takeoff and landing (eVTOL) aircraft, and innovative motor-powered shoes.

    French tire maker Michelin, which is attending the expo for a fourth year, is exhibiting a futuristic prototype wheel for lunar exploration vehicles, among other products including car tires containing 71 percent sustainable materials and a new generation aircraft tire.

    Serge Godefroid, research and development director of Michelin China, said Michelin has been innovating for the future of mobility and is even thinking about mobility beyond the Earth for future lunar or Mars exploration projects.

    Michelin is already extensively testing tires in very rough conditions and with exposure to the range of temperatures that exist on the moon, Godefroid said. “You don’t have somebody to help you inflate a tire on the moon, so you need to find a wheel that can sustain very difficult conditions.”

    Rising innovation landscape

    A number of eVTOL aircraft are proving eye-catching at this year’s CIIE. Vertaxi, an eVTOL startup which is attending the expo jointly with Ampaire, a global leader in hybrid electric aircraft systems, has brought three autonomous eVTOL drones to the 2024 expo.

    Yue Tingting, vice president of Vertaxi, said the company’s smaller eVTOL aircraft have been well received by the market and are being widely used for police, emergency and fire-fighting patrols, public and oil infrastructure inspections, and island logistics.

    Yue admitted that it will take longer for the company’s eVTOL aircraft to obtain the airworthiness certification needed for passenger transport. She, however, is very bullish about China’s low-altitude economy and even envisions a future where people will be able to board eVTOL aircraft for daily commuting, much like taking a taxi or bus.

    Shift Robotics, attending the expo for the first time, is exhibiting its new generation of motor-powered shoes, called Moonwalkers Aero, that allow people to walk at speeds of up to 11 km per hour.

    Moonwalkers deliver smooth power when people who wear them speed up, while they offer very little assistance if the person wearing them walks very slowly. These motor-powered shoes can be used in virtually any environment, even on the subway, in a lift or on stairs, and people can move around in these Moonwalkers without taking off their normal shoes, according to Zhang Xunjie, CEO of Shift Robotics.

    From industry giants to rising startups, the dedication shown to China by global tech companies is well-timed, as the country’s prominence in the global innovation landscape continues to increase. According to the Global Innovation Index 2024 released by the World Intellectual Property Organization, China has moved up one spot to 11th place in the latest rankings of the world’s most innovative economies — becoming one of the fastest risers over the past decade.

    “China’s growth pattern has shifted from quantity-oriented to quality-oriented,” said Tetsuro Homma, executive vice president of Panasonic Holdings Corporation. “To keep pace with this change, we are setting up more research and development teams in China to quickly adapt to the evolving Chinese market.”

    Over the past four years, this Japanese manufacturing company has steadily expanded its investment in China. Home to over 60 Panasonic subsidiaries, China now accounts for nearly a quarter of the company’s business worldwide. “We are innovating for China, and we aspire to innovate in China for the whole world,” Homma said.

    MIL OSI China News –

  • MIL-OSI China: Tourism, culture help cement China-Tanzania ties: officials

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

    DAR ES SALAAM, Nov. 5 — Senior officials from the Chinese and Tanzanian governments have identified tourism and culture as two factors that helped cement ties between the two countries.

    A closing ceremony of the 2024 China-Tanzania Tourism and Culture Year and celebration of 60 years of diplomatic relations between the two countries was held in the port city of Dar es Salaam Monday night.

    Speaking at the event, the officials observed that tourism and culture not only helped stimulate economic development but also promoted people-to-people exchanges and understanding between the two countries.

    Lu Yingchuan, vice minister of culture and tourism in China, said cooperation between the two countries has reached new heights as more Chinese tourists visit Tanzania.

    “From exchanges of art performances, tourism promotions, food tasting, to the creation of artworks and personnel training, an array of diverse and colorful activities triggered a fresh surge of cultural and tourism exchanges and cooperation between our two countries,” Lu noted.

    Chen Mingjian, the Chinese ambassador to Tanzania, said China and Tanzania have a long history of rich culture and harmonious coexistence in a peaceful atmosphere.

    “At the same time, the number of Chinese tourists visiting Tanzania keeps on growing, with more than 54,000 of them visiting Tanzania between January and September this year,” she told the gathering that featured cultural performances from China and Tanzania.

    Pindi Chana, Tanzania’s minister for Natural Resources and Tourism, said China-Tanzania relations have continued to develop, with fruitful results in practical cooperation and rich cultural exchanges.

    “The development of tourism can not only drive growth and create jobs, but also promote consumption and stabilize confidence,” she told the gathering co-hosted by the Ministry of Culture and Tourism of China, the Chinese Embassy in Tanzania, and Tanzania’s ministries of Natural Resources and Tourism, Culture, Arts and Sports, and Foreign Affairs and East African Cooperation.

    The event was preceded by the “Nihao! China” China Tourism Promotion Conference, which was attended by tourism stakeholders from China and Tanzania. At this conference, they explained their experiences in the industry.

    The event also saw the relaunch of the film Amazing Tanzania, which was first launched in China in May 2024.

    The film starring Tanzanian President Samia Suluhu Hassan, Tanzania’s Zanzibari President Hussein Ali Mwinyi, and Chinese actor Jin Dong has served as a catalyst to attract more tourists from China to visit the East African nation, according to the African country’s Permanent Secretary in the Ministry of Natural Resources and Tourism Hassan Abbasi.

    MIL OSI China News –

  • MIL-OSI China: China releases ecosystem restoration guides to boost coastal disaster resilience

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

    Four handbooks on ecosystem restoration for coastal hazard mitigation, focusing on salt marshes, seagrass beds, oyster reefs, and sandy coasts, were released in both Chinese and English, officials said on Tuesday. The guides aim to provide a “Chinese solution” to global coastal ecological challenges by showcasing examples of disaster reduction and restoration practices.

    Jointly issued by the Ministry of Natural Resources and the International Union for Conservation of Nature at the 2024 China-Island Countries Ocean Cooperation Forum, the handbooks compile research findings and restoration strategies for coastal ecosystems, including insights from both domestic and international sources, according to Li Lin, director of the marine warning and monitoring department of the Ministry of Natural Resources.

    The handbooks explain each step in the technical process, including baseline ecological surveys, diagnostics, restoration goals and measures, as well as monitoring, effectiveness evaluation, and adaptive management, Li said.

    Since 2020, the Ministry of Natural Resources, along with the Ministry of Water Resources, the National Development and Reform Commission, the Ministry of Finance, and other agencies, has promoted coastal protection and restoration projects. These efforts have strengthened ecosystems’ capacity to mitigate marine disasters like typhoons and storm surges. The release of the handbooks is intended to guide these practices, Li added.

    MIL OSI China News –