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CGTN: China welcomes foreign firms to share the dividends of its further development

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BEIJING, Oct. 17. 2022 /PRNewswire/ — China welcomes companies from all over the world to invest in the country and continue to share its development dividends as the Chinese economy has shifted from high-speed growth to high-quality development, a senior official from the country’s top economic planner said on Monday.

 

“China’s door will open wider,” said Zhao Chenxin, vice chairman of the National Development and Reform Commission (NDRC) and a member of the commission’s CPC leadership group, at a press conference on the sidelines of the ongoing 20th National Congress of the Communist Party of China (CPC), the country’s most important political event this year.

The dual-circulation development pattern, where internal and external markets can reinforce each other and with the domestic market as the mainstay, does not mean that China wants to scale back from opening up or even to pursue a self-sufficient economy, Zhao clarified.

Chinese President Xi Jinping has stressed over and again that the new development pattern is an open dual circulation involving both domestic and foreign markets, instead of a closed domestic loop.

The Chinese economy has long been deeply integrated with the global economy, Zhao said, adding that the domestic and foreign markets are interdependent and mutually reinforcing. 

China to further encourage foreign investment

China will further step up efforts to encourage foreign investment, Zhao said, adding the country will release and implement the 2022 version of the Catalogue of Encouraged Industries for Foreign Investment, which will further expand the scope of encouraged industries for foreign investment.

China’s economy has shifted from high-speed growth to high-quality development, and the country is also facing new situation for attracting foreign investment, he noted.

The country will increase policy support for foreign investment in such areas as advanced manufacturing, higher-quality services, high-tech, energy conservation and environmental protection, he said.

There will also be policy support to foreign investment in China’s less developed central, western and northeastern regions, according to Zhao.

Besides, the country will launch the sixth batch of major foreign-funded projects, and help them solve the difficulties in a timely manner in the process of investment, production and operation, so as to ensure the smooth implementation of the projects.

In addition, China will further optimize services for foreign-funded enterprises, and provide more convenience for international investment, exchanges and cooperation on the premise of preventing and controlling the COVID-19 pandemic.

In the first eight months this year, foreign direct investment (FDI) into the Chinese mainland, in actual use, increased 16.4 percent year on year to 892.74 billion yuan ($127.39 billion), against the backdrop of the COVID-19 pandemic, complicated international situation and weak cross-border investment, Zhao said.

Specifically, the high-tech industries saw FDI inflow surge by 33.6 percent from a year earlier, he noted.

FDI flowing into the country’s western region reported a year-on-year increase of 43 percent, followed by 27.6 percent in the central region and 14.3 percent in the eastern region.

“Generally speaking, multinational companies are confident in investing in China and optimistic about the Chinese market in the long term,” he said.

China will promote higher-level opening-up to the outside world, intensify policy efforts to attract foreign investment, and give better play to the positive role of foreign investment in promoting the country’s high-quality development, he said. 

A rebounding economy with huge opportunities

China’s economy showed a significant rebound in the third quarter, Zhao said.

“Consumer prices have risen modestly, in sharp contrast to the high global inflation, and the employment remained generally stable.”

He underscored that China’s economy has been recovering and resuming its growth momentum despite some fluctuations caused by the unexpected factors this year, such as the external environment, the pandemic and extreme weather.

A slew of policies has been rolled out to shore up the economy, and major economic indicators of the industries, services, investment and consumption are all recovering, according to Zhao.

The country’s economy still faces multiple headwinds. But facing the impact of the unexpected factors, China’s economy has stabilized and rebounded in a relatively short period of time, showing strong resilience and huge potential, Zhao pointed out.

China, with a population of over 1.4 billion, has the world’s largest middle-income class and the advantage of being a super-large market, he noted.

The country’s huge market, advanced infrastructure, industrial systems and supply chains have all laid a solid foundation and provided opportunities for various companies to develop. 

https://news.cgtn.com/news/2022-10-17/China-welcomes-foreign-firms-to-share-the-dividends-of-its-development-1ectGQhMSl2/index.html

 

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SOURCE CGTN

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Alogent Receives Federal Reserve Authorization to Directly Exchange X9 Check Image Files for Banks and Credit Unions, Expanding its Role as a Payments Infrastructure Provider

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April 21, 2026

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PEACHTREE CORNERS, Ga., April 21, 2026 /PRNewswire/ — Alogent (@AlogentCorp), a global software leader in the banking and financial services market, announced it has been authorized by the Federal Reserve to send and receive X9 check image exchange files on behalf of its financial institution clients, enabling end-to-end check presentment and returns without the need for intermediary processors.

This direct connectivity allows banks and credit unions to consolidate capture, processing, clearing, settlement, and returns within a single, integrated Alogent platform, delivering faster processing, simpler integrations, fewer vendors, and greater operational control.

“Becoming authorized by the Federal Reserve to directly exchange X9 files for both outbound presentment and inbound returns marks a fundamental shift in Alogent’s role in the payments ecosystem,” said Dede Wakefield, CEO of Alogent. “By removing third‑party intermediaries, we’re repositioning Alogent as a core infrastructure provider, giving banks and credit unions a more direct path to the Fed, and a strong foundation as payments continue to modernize toward consolidation and real‑time settlement.”

Key Benefits for Banks and Credit Unions Include:

Direct exchange of X9 check presentment and return files with the Federal Reserve, without intermediary processorsFaster clearing and settlement times for check image exchangeEnd-to-end visibility across forward presentment and returns workflowsSimplified technology integrations and reduced vendor sprawlGreater operational control and transparency across payment workflowsA future‑ready foundation for real‑time and next‑generation Fed services

“This authorization translates our product strategy into tangible operational benefits for banks and credit unions,” said Ashish Bhatia, VP of Product Management at Alogent. “By consolidating critical payment workflows within a single platform, institutions gain simpler operations, stronger oversight, and sustained control.”

As adoption of faster payments and modern settlement models accelerates, Alogent’s direct Federal Reserve connectivity positions both the company and its clients at the center of the evolving U.S. payments infrastructure, while establishing a foundation for potential direct connectivity to additional Federal Reserve services, including FedNow® real‑time payments, Fedwire®, FedACH®, and FedLine®. This authorization places Alogent among a limited group of technology providers trusted to directly exchange check image files with the Federal Reserve on behalf of financial institutions.

About Alogent

Alogent provides proven, end-to-end check payment processing, and enterprise content, information, and loan management platforms, to financial institutions of all sizes, including credit unions, community banks, and some of the largest national and international institutions. Our unique approach spans the entire transaction ecosystem — capturing and digitizing transaction data, exception tracking, and automating entire transaction and loan management workflows so that information is available across the enterprise. Alogent’s solution suites leverage the latest in machine learning and predictive analytics, including enterprise-wide data intelligence and reporting solutions that enable financial institutions to deliver products and services that boost engagement through personalization and data-backed decisions. Learn more about Alogent at www.alogent.com.

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SOURCE Alogent

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yieldWerx and Enlight Technology Extend Design-to-Test Data Continuity Across Taiwan’s Semiconductor Ecosystem

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29 minutes ago

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April 21, 2026

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HSINCHU, Taiwan, April 21, 2026 /PRNewswire/ — yieldWerx is expanding its presence in Taiwan through a collaboration with Enlight Technology Co., Ltd., bringing advanced test data aggregation and analysis capabilities to one of the world’s most concentrated semiconductor markets.

The collaboration combines Enlight Technology’s established role across Taiwan’s semiconductor design, manufacturing, and research landscape with yieldWerx’s expertise in data aggregation and statistical analysis. Together, the companies aim to address the increasing demand for data-driven yield optimization as device complexity grows across advanced packaging, silicon photonics, and heterogeneous integration.

Enlight Technology is the authorized representative of Siemens EDA in Taiwan and provides a portfolio of electronic design automation (EDA), manufacturing execution systems (MES), and engineering solutions spanning IC, silicon photonics, MEMS, PCB, and system-level applications. The company supports semiconductor and electronics customers, including fabless design houses, foundries, OSATs, and system companies, with engagement across more than 100 semiconductor organizations and 300 system companies in the region.

As part of the partnership, the companies will work together to:

Provide localized technical engagement and support aligned with Taiwan’s semiconductor workflows and language requirements.Support improved yield learning cycles and more efficient production ramp across the region.Extend yield analytics capabilities into an ecosystem spanning design, verification, and manufacturing execution.

“We are excited to partner with Enlight Technology as we expand into Taiwan and the broader Asian market. Their deep domain expertise and strong ecosystem presence significantly enhance our ability to deliver scalable, data-driven yield solutions to customers operating at the forefront of semiconductor innovation.” — Aftkhar Aslam, CEO, yieldWerx

“As advanced packaging and silicon photonics drive exponential test data growth, our partnership with yieldWerx equips Taiwan’s ecosystem with powerful statistical analysis. We empower customers to turn complex data into actionable insights, accelerating yield learning and time-to-market” — Su Cheng Yu, General Manager, Enlight Technology

About yieldWerx
yieldWerx is a leading data and yield analytics platform for semiconductor manufacturing, advanced packaging, and photonics I/O. The platform provides end-to-end visibility across wafer probe, optical and electrical wafer acceptance, module assembly, and system-level test. By analyzing this data, yieldWerx helps organizations understand yield performance, variability, and production trends, enabling optimized quality and faster time-to-market.

About Enlight Technology Co., Ltd.
Enlight Technology Co., Ltd. is a Taiwan-based provider of electronic design automation and engineering solutions and serves as the authorized representative of Siemens EDA in Taiwan. The company delivers solutions spanning IC, silicon photonics, MEMS, PCB, DFM, and manufacturing execution systems, supporting customers from IC-level design to system-level integration. With over three decades of experience, Enlight Technology provides customized solutions and technical services to the electronics industry.

For further information, please visit https://www.yieldWerx.com or https://www.enlight-tec.com/.

Company contacts:

yieldWerx
Tina Shimizu
Chief Marketing Director
412529@email4pr.com
+1 888-929-4022

Enlight Technology Co., Ltd.
Jamie Su
Marketing Director
412529@email4pr.com 

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SOURCE yieldWerx

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Former UK SAS Sargeant Joins Delta Three Oscar to Drive Awareness of Next-Generation Military Protection

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29 minutes ago

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April 21, 2026

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BLACKSBURG, Va., April 21, 2026 /PRNewswire/ — Delta Three Oscar, the military and ballistic protection division of D3O, today announces former UK Special Forces veteran and expedition leader Jay Morton as its first-ever brand ambassador.

 

Morton will bring his military expertise to Delta Three Oscar and will be endorsing the company’s latest impact protection and shock absorbing footwear whilst providing experience backed insights to the team as part of the company’s ongoing innovation into protective equipment.

The partnership is a strategic move for the protection brand to increase awareness and the benefits of its impact and shock absorbing personal protection systems amongst end users. Delta Three Oscar engineers the most advanced ballistic helmet liners, impact protection body armour, and shock absorbing midsoles used in helmets, uniforms, chest plates and footwear worn by U.S. military, NATO forces and law enforcement departments worldwide. The body armour is lightweight, flexible and designed to reduce fatigue by ensuring a comfortable fit with unrivalled impact protection, tough enough to be used in the harshest environments.

Morton served 14 years in the British Armed Forces, including four years in the Parachute Regiment and ten years with the Special Air Service, touring the Afghanistan and Iraq on multiple occasions. His frontline experience and expertise in high-risk environments give him huge credibility to endorse Delta Three Oscar’s next-generation protection designed for elite performance, enhanced comfort, and impact reduction.

Now as an elite expedition leader, Morton has highlighted the importance of trust, comfort, and reliability in protective gear.

“Trust in your protective equipment is absolutely essential,” he said. “When you’re operating in high-risk environments, comfort and reliability are paramount and you can’t afford distractions. Delta Three Oscar’s body and limb protectors deliver exceptional impact and ballistic performance while remaining incredibly comfortable. It’s ‘fit and forget’ protection that allows operators to focus entirely on the mission.”

Delta Three Oscar engineers advanced protection technologies including:

Ballistic body armour protection materials to mitigate back face deformationHALO® helmet suspension systems available in 3, 7 and 9 pad configurationsImpact protection flexible moulded armour for knees and elbows including tough outer shellsUnderfoot shock-absorbing protection used in midsoles

These products and materials are engineered to reduce fatigue, improve comfort, and enhance operational effectiveness in demanding environments.

“Jay brings a huge amount of credibility and real operational insight into what frontline personnel require from their protective equipment,” said Mostyn Thomas, Chief Marketing Officer at Delta Three Oscar. “His experience at the highest level of military performance makes him an ideal partner as we continue advancing protection technology and supporting those who serve, giving them a subconscious advantage by knowing they have the best protection available”

As Delta Three Oscar’s first ambassador, Morton will feature in the company’s latest brand campaign highlighting the benefits of Delta Three Oscar’s unique military protection innovation and performance.

Media Contact:
Serena Thynne
09178533121
412519@email4pr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/former-uk-sas-sargeant-joins-delta-three-oscar-to-drive-awareness-of-next-generation-military-protection-302748124.html

SOURCE D3O

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