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Record-breaking CIIE 2025 Achievements Signal Global Momentum
Globenewswire· 2025-12-18 17:52
Core Insights - The eighth China International Import Expo (CIIE) concluded with record attendance and purchase deals, reflecting China's commitment to openness and its growing global influence [1][7] - The expo attracted 922,000 visits, marking an 8.2% increase from the previous year, and intended one-year purchase deals reached $83.49 billion, up 4.4% year-on-year [1] Group 1: Exhibitor Participation and Innovations - The expo featured 4,108 exhibitors from 138 countries and regions, the broadest participation to date, indicating strong global interest in China's market [1] - The CIIE-HEALTH section showcased innovations like Medtronic's commercial products that have real-world impacts on patients, alongside immersive technologies such as XR headsets and robotic arms [3] - The CIIE-NOVA section highlighted collaborations between startups and industry giants, providing technology resources and market-access opportunities [4] Group 2: Service Sector Engagement - The CIIE-SERVICES section attracted major service firms like DHL and Standard Chartered, which offered integrated finance, logistics, and digital solutions to connect exhibits with global supply chains [5] Group 3: Diverse Industry Representation - The expo served as a platform for various industries, including lifestyle, food, and mobility, with notable displays such as LEGO's Lunar New Year set and Tesla's Cybercab [6] - New Zealand kiwifruit brand Zespri emphasized the importance of the Chinese market, calling it "an indispensable overseas market" [6] Group 4: Future Outlook - Preparations for CIIE 2026 are underway, with over 80,000 square meters of exhibition space reserved, indicating high expectations for future growth and engagement [7]
Cedric Stephens | A new conversation on insurance
Jamaica· 2025-09-28 05:08
Core Insights - The article discusses the potential for insurance to drive economic growth and resilience in Jamaica and the Caribbean, drawing on findings from a Prudential/PwC study on ASEAN economies [3][4][18] Group 1: Economic Impact of Insurance - The Prudential/PwC study suggests that a 50% increase in insurance coverage across six major ASEAN economies could lead to a per capita GDP growth of over 4% by 2050 [3][10] - Life insurance growth could raise per capita GDP by 5.1%, while broader insurance uptake could add 4.4% to total GDP [11] - The study highlights that insurance can create safety nets and foster economic growth, which is particularly relevant for regions like the Caribbean facing climate change challenges [4][12] Group 2: Relevance to Jamaica - Jamaica's low insurance penetration presents significant growth opportunities, as many households and businesses lack adequate coverage [13] - The island's vulnerability to climate shocks necessitates urgent insurance coverage, as risks are concentrated rather than spread across diverse populations [14] - Insurance is identified as a development enabler, allowing farmers to invest in better resources and helping SMEs manage disruptions [15][16] Group 3: Policy Recommendations - Policymakers should view insurance as a critical component of economic growth strategy rather than a mere expense [17] - To increase insurance uptake, tax incentives, regulatory reforms, and public-private partnerships are essential [17] - Innovations in insurance products, such as microinsurance and digital distribution, are necessary to reach currently excluded populations [17]
Chanson International Reports on Diversity Initiatives and Responsible Business Practices
GlobeNewswire News Room· 2025-05-09 12:00
Core Viewpoint - Chanson International Holding is making significant strides in promoting inclusive hiring and supporting regional development in Xinjiang, China, aligning its business operations with broader goals of common prosperity [1][5]. Group 1: Inclusive Development Initiatives - Chanson has implemented various initiatives to support minority talent, including targeted outreach, inclusive hiring practices, and mentorship programs, facilitating the transition of minorities from traditional agricultural roles to skilled positions in modern industry [2]. - The company has established a support program for former employees wishing to return to their hometowns to start businesses, successfully aiding 23 former employees in launching their own ventures [2]. Group 2: Employee Well-Being - Chanson's commitment to employee well-being includes comprehensive support systems that respect cultural identities and daily needs, such as free dormitories or housing subsidies, culturally appropriate meals, paid annual leave with travel reimbursement, and inclusive celebrations [3]. Group 3: Community Engagement - The company partners with local agricultural producers and handicraft cooperatives to enhance livelihoods within the local supply chain, contributing to economic resilience and shared prosperity in surrounding rural areas [4]. Group 4: Strategic Vision - The Chairman of the Board emphasized that empowering diversity and inclusion is a core aspect of Chanson's long-term strategic plan, aiming to create equal opportunities and foster a more inclusive and resilient future [5]. Group 5: Company Overview - Founded in 2009, Chanson International Holding operates bakery, seasonal, and beverage product stores in China and the United States, managing 63 stores in China and 3 in New York City, while also selling through digital platforms [6].