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Young people from different countries experience China’s digital economy

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BEIJING, July 8, 2023 /PRNewswire/ — During a friendly competition called “A Digital Day Tour of Beijing” on June 17, young participants from several countries vied to unlock their missions in Beijing via some of China’s most popular mobile apps, including hailing rides, learning about the ancient sage Confucius (551-479 B.C.), hopping on a shared bike, and posting pictures of their accomplished tasks on Weixin, China’s domestic version of the WeChat super app. Those most adroit at using the apps won the “race.”

 

They immersed themselves in China-style digital life and successfully completed the tasks on their checklists. But three days earlier, when they had just arrived in Shenzhen, a major tech hub in south China’s Guangdong Province, most of them had never heard of, let alone used, these Chinese apps.

“They” refer to 16 young people from 14 countries, including China, the United States, the United Kingdom, Spain, Brazil, South Africa and Pakistan, who joined in the 2023 Future Close-Up Program for a six-day journey, from June 15 to 20, taking them around Shenzhen and Beijing to gain an in-depth understanding of China’s achievements in developing its digital economy.

Participants, comprised of entrepreneurs, scholars and reporters, first spent two days in Shenzhen and then four days in Beijing, including a one-day closing forum. The program was hosted by China International Communications Group (CICG) and Chinese Internet tech giant Tencent, and coordinated by the CICG Center for Americas.

App life

“Chinese applications and economies are always evolving to offer residents a better, more convenient life,” said Jose Carlos Feliciano Nishikawa, a Peruvian participant and Deputy Director of the Center for China and Asia-Pacific Studies at his home country’s Pacific University.

In 2009, when he first came to China, he created a QQ account, an instant messaging software service and web portal. Later, he used Renren, a Chinese social networking service similar to Facebook and Weibo, China’s Twitter equivalent.

In 2013, he installed Weixin on his smartphone. “Every time I come to China, Weixin has new features,” Nishikawa said at the 2023 Future Close-Up Forum in Beijing on June 20. In his eyes, the continuous upgrading of the app mirrors the ever-swifter progress of China’s digitalization process.

At present, Weixin has become a multifunctional mobile application involving instant messaging, social media and mobile payment. Most people living in China use the app, together with other digital tools such as instant food delivery service apps, and Didi Chuxing (China’s Uber equivalent), to meet their daily needs.

“China is a country where with just a smartphone in your hand, you can do everything,” Zhang Weiwei, Director of the China Institute at Shanghai’s Fudan University, told the forum. As a result, “Most people here haven’t had a physical wallet on them for five or six years,” he added.

Patrick Jack Robertson from Britain, CEO of Smart Air, a Beijing-based social enterprise tackling air pollution, echoed Zhang’s remarks. Ten years ago, when the Brit first set foot on Chinese soil, he still needed to use cash and had to stand in line at the train station for an hour just to get a ticket. Today, he buys a digital ticket online and takes his passport to check in at the station.

“What impressed me most is how convenient technology is to use here in China,” Luis Filipe de Souza Porto, a young 2023 Future Close-Up participant and a researcher of international relations at the Federal University of ABC in Brazil, told Beijing Review.

Digital economy

The closing forum of the program released a report on China and the world’s digital economy titled Global Youth Wisdom: Digital Economy Makes the World a Better Place. The report was based on in-depth interviews with about 100 Gen Zs from different countries on their lifestyles and digital preferences.

China has the world’s second largest digital economy in terms of value, the report read. In 2021, the combined value of the digital economy in 47 major countries accounted for 45 percent of their GDP, while last year, China’s digital economy accounted for 41 percent of the country’s GDP.

Ninety-five percent of surveyed Gen Zs said they engaged in digital activities every day and were fully aware of the enormous impact the digital economy has on people’s lives. Gen Zs “have a clear and dialectical understanding of the digital economy,” according to the report. They have a deep sense of the positive impact of the digital economy on personal life, global economic development and social progress, believe that the digital economy makes the world better, and are fully confident in the future development of the digital economy, the document further read.

Zhang Jun, General Manager of Tencent’s Marketing and Public Relations Department, said at the forum that through the Future Close-Up Program, Chinese and foreign youth came to realize they actually have a lot in common: their expectations for digital technology by large are high, and they brim with curiosity as well as a desire to uncover and understand the future.

Connecting

The participants, many of whom are social media influencers, shared their stories and experiences during the tour. Take Rida Hameed, a reporter for Pakistan’s K21 News, for example. Hameed shared a short video about her journey on Instagram which gained some 10,000 likes in a matter of minutes.

Long international flights and a packed schedule didn’t dampen participants’ enthusiasm. “I would like to learn more about the Chinese business landscape, meet like-minded businesspeople, explore ways to work with Chinese organizations and discover market trends in China,” Latvian Arthur Gopak, CEO and co-founder of AlphaGamma, a business portal for young professionals, told Beijing Review.

Igor Alexander Bello Tasic, founder and CEO of Meta Ventures, told Beijing Review that his company is a metaverse and technology research and development consulting firm based in Spain. During the tour, he said that this marked his very first visit to China, something he’d been looking forward to for years, and he joined the tour to gain a better grasp of how other young participants envision the future and how they might be able to work together to turn that vision into reality.

“As an entrepreneur, I hope to establish valuable business connections and understand China’s digital economy so that I can strive to promote the same in my country,” Jibran Ali Khan, CEO of JAK Education and Innovation Consultancy and Media Brick in Pakistan, told Beijing Review soon after his arrival in Shenzhen. Ali Khan, too, was a first-time China traveler and could hardly contain his excitement.

The trip did not disappoint. During their two-day stay in Shenzhen, they visited companies such as Tencent, Honor, a leading global provider of smart devices, and Ping An, one of China’s largest integrated financial groups. They had extensive in-person interactions with these companies’ employees to learn more about their latest tech endeavors. At the closing forum in Beijing, the program’s participants got the chance to talk with experts and other high-caliber young professionals to forge more new and interesting connections.

“Because of COVID-19, we lost the communication channels with overseas talents and high-caliber professionals and we must now reconnect to hear each other’s opinions,” Zhu Yuting, a participant of the program and an assistant professor of marketing at the National University of Singapore, told Beijing Review.

Li Yafang, President of the CICG Center for Americas, said in her speech at the forum that during this journey exploring China’s thriving tech industry, all young attendees had experienced and witnessed the development of China’s society, economy, technology and culture, while, at the same time, forging new bonds with people from different countries. “Every Chinese person you meet is a witness and participant in the development of contemporary China; their stories are a microcosm of the country’s development story in the new era,” she said.

Li said that as an “experienced youth,” she very much enjoys communication and interaction with young people, as well as looks forward to Chinese and foreign youths providing fresh perspectives on China and injecting new energy into the promotion of exchanges between China and other countries around the globe.

Participants shared their understanding about the country during their journey into its digital domain.

With the digital technologies, we are able to navigate both Beijing’s past and present, Tasic said after wrapping up the “digital day tour” of the capital city on June 17.

As China’s digital development is rapidly advancing, it’s important to assess how the use of artificial intelligence, the metaverse, virtual reality, etc. will affect people’s lives in the future. China is standing at the forefront of all these aspects and the lessons from China can be useful for emerging markets, Nishikawa said.

“As a Chinese citizen, I am proud of the developments in China’s digital economy over the past decade. I do feel that my life is becoming easier and easier thanks to technology,” Zhu said.

The 2023 Future Close-Up Program was only “the first step in a long journey,” Zhang Jun said. He believed that, in the future, we will all team up to build more bridges and platforms for communication, mutual trust and learning, and create more opportunities for everyone to communicate with each other.

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Suunto Launches Race 3S: Next-Generation Performance Watch in a Compact Titanium Case

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Suunto’s next-generation performance watch brings up to 38 hours of dual-band GPS battery, a 2,000-nit AMOLED display, and free worldwide offline maps in a 56 g build, debuting alongside Suunto’s new AI Coach.

VANTAA, Finland, Oct. 21, 2026 /PRNewswire/ — Suunto launches Suunto Race 3S, a new-generation flagship performance watch. Built for smarter training, with features designed especially for trail running, Race 3S brings together up to 38 hours of dual-band GPS battery, a 2,000-nit AMOLED display, and a full set of intelligent trail tools at just 56 g. It is a watch built to go further and move lighter, so a long day in the mountains stays simple.

First launched in 2023, the Race series established Suunto’s position as the choice for athletes who train with intention and perform when it counts. Suunto Race 3S carries that standard into a compact 46 mm case sized to sit well on smaller wrists, and holds on to long-lasting battery life, a flagship display, and the complete trail toolkit alongside it.

“People have more performance data at their fingertips than ever, but turning all that information into something useful can be a challenge,” said Daniel Das Bhowmik, VP Product at Suunto. “We built Race 3S to carry long-lasting battery life in a case compact and light enough to forget, and we’re launching it alongside Suunto AI Coach to make things simple again: turning questions and personal data into clear, actionable answers.”

Battery for the Long Haul

No runner should plan a race around a battery bar. Suunto Race 3S gives them room to plan the race instead: up to 38 hours in dual-band GPS mode (up to 32 hours with the always-on display on), compared with up to 30 hours on Race S, with full positioning accuracy switched on the entire time. Additional battery modes reach further still, including a smartwatch mode with up to 12 days of battery life for everyday wear.

For runners used to planning a session around what the watch has left, that is up to eight more hours of pacing, navigation, and heart rate on the wrist than Race S. Training runs finish the way they were planned, races carry data all the way to the line, and the charger stays at home.

A Compact Build With Flagship Performance

The best watch on a long climb is the one a runner stops noticing. At 56 g with the silicone strap, 38 g for the watch head alone, Suunto’s Race 3S sits close to the wrist at roughly the weight of two energy gels, with a compact fit that works well for smaller wrists, too. A titanium bezel and sapphire crystal lens handle rock, scrub, and repeated impact.

Inside, the new-generation Apollo 510 processor drives faster response across maps and menus, and an upgraded optical heart rate module with six LEDs and four photodetectors behind 2.5D curved sensor glass holds accuracy through arm swing, sweat, and cold. Pair a Suunto heart rate belt to enable ZoneSense and it reads true intensity straight from the body’s response.

Suunto AI Coach Debuts With Race 3S

Race 3S marks the debut of Suunto AI Coach, an AI-powered conversational coaching experience in the Suunto app. It turns your Suunto data into insight, guidance and action, helping you understand your data, know where you stand and decide what to do next.

Ask Suunto AI Coach anything about your training, and it answers clearly and in context, with guidance and visuals such as charts, tables and maps, plus next steps whenever you want them. When you want to act, it creates structured workouts, training plans and routes; workouts and routes can then be saved in the Suunto app and synced to your watch. Customers who purchase and pair Suunto Race 3S can get three months of Suunto AI Coach free by activating their watch through the Suunto app by 31 December 2026.

Precision in Every Terrain, Free Maps Worldwide

When the trail disappears under canopy or into a canyon, the line on the wrist stays put. Positioning offers better overall performance, notable through forests, canyon walls, and switchbacks. Free worldwide offline maps now add contour lines and place names for an instant read on where you stand. They download straight to the watch and run entirely on board, subscription-free, so the terrain travels with the runner wherever the trail goes.

A Race Strategy Set Before the Gun

The hardest racing decisions arrive when a runner is least equipped to make them. Suunto Race 3S makes them early instead. Climb Guidance shows what the trail does next, climb or descent, updated in real time, so effort can be placed in advance: know a descent is coming, and save the legs for the climb after it.

Race Planner will build a personalized pacing plan from the route, the weather, and a runner’s race goal, with real-time guidance to hold pace on race day.*

A Display You Can Read in Full Sun

Mid-race data only counts if it can be read mid-stride. The 1.32-inch LTPS Hybrid AMOLED reaches 2,000 nits, more than three times the brightness of Race S, at 466 × 466 resolution. In midday glare above the treeline or on a 4 a.m. start in the dark, pace, distance, and the next turn stay readable at a glance.

Everything You Run With, on One Wrist

64 GB of onboard storage holds maps, routes, training data, and offline music.** It offers over 100 sport modes, including running, cycling, swimming, gym work, and multisport. Race 3S is available in three colorways: Orchid, Feather, and Black.

*Race Planner is planned for launch via a future Suunto app and firmware update. Features, availability, and timing are subject to change. Please refer to the latest official information from Suunto.

**Available via an over-the-air software update following product launch. Availability timing is subject to official announcement.

Read more about Suunto AI Coach at https://us.suunto.com/pages/suunto-ai-coach

Availability:
EMEA: October 15th
CHINA: October 15th
NAM: October 29th
APAC: October 29th

Race 3S will be sold through Suunto’s direct-to-consumer channels and authorized outdoor and running retail partners across North America, Europe, and key Asia-Pacific markets.

Pricing: EUR 499 / USD 599

Colors: Purple, Grey, Black

Images for media use: https://media.suunto.com/pub/collection/7d1b229aace5399e4c0c117efcaf1bdf?locale=en

About Suunto

Suunto is a Finnish brand, established in 1936. It was founded by Finnish inventor Tuomas Vohlonen, who pioneered a new standard for navigational precision. That same year, his innovation – a field compass – was stronger, steadier, and more accurate than any other handheld navigational tool of its time. It was the first of many Suunto products built to withstand the harsh conditions of our native Finland.

In the near century since, Tuomas’s spirit of innovation has continued to chart Suunto’s course. From some of history’s first dive computers and high-altitude wrist altimeters to today’s GPS watches, Suunto remains a trusted companion for outdoor adventurers across the globe.

Supporting explorers, athletes, and weekend warriors alike remains our core mission – providing the tools to dive deeper, climb higher, and push the limits of human potential.

www.suunto.com

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/R E P E A T — Media Advisory – Minister Hodgson to hold media callback following his visit to the United Kingdom/

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OTTAWA, ON, Oct. 20, 2026 /CNW/ — The Honourable Tim Hodgson, Minister of Energy and Natural Resources, will hold a callback with Canadian media to discuss the outcomes of his visit to London, U.K., for London Metals Exchange (LME) Week on October 19 and 20, 2026.

Date: Wednesday, October 21, 2026

Time: 1 p.m. EDT

All accredited media are asked to pre-register for the callback by emailing media@nrcan-rncan.gc.ca. Details on how to participate will be provided upon registration.

Follow Natural Resources Canada on LinkedIn

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S4 Capital’s Monks Accelerates Regional Growth Strategy in EMEA and APAC Expanding Nirvik Singh’s Remit to APAC, Names Ash Smith Executive Vice President, Asia Pacific and Fay Denis du Peage Managing Director, Australia and New Zealand

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LONDON, Oct. 21, 2026 /PRNewswire/ — Monks, the purely digital, unitary operating brand of S4 Capital plc, today announced an evolution of its regional leadership across EMEA and Asia-Pacific. As global brands demand more agile, connected and AI-enabled marketing models, Monks is expanding its integrated Marketing and Technology Services footprint to help multinational clients operate at speed and scale across both regions.

Positioned as a change agent for modern enterprise brands, Monks unifies three core capabilities—Intelligence, Creation and Orchestration—through its flagship Monks.Flow platform to build brands as living systems. Across Asia Pacific, this evolution allows Monks to deliver end-to-end marketing transformation, helps clients accelerate media performance, eliminate operational silos and orchestrate intelligent marketing that turns real-time data into measurable business impact.

To lead this next chapter, Monks has expanded the leadership remit of Nirvik Singh to lead both EMEA and Asia Pacific, reporting to Bruno Lambertini, CEO of Marketing Services. Working alongside Nirvik, Ash Smith joins Monks as Executive Vice President, Asia Pacific, effective 13 November 2026. Fay Denis du Peage has been appointed Managing Director, Australia and New Zealand, effective immediately.

Nirvik recently stepped down as a Non-Executive Director from the S4 Capital Board to join Monks as CEO of Marketing Services, EMEA. In the new expansion of his role to APAC, he will integrate oversight for Marketing Services across both regions, recognizing the connected growth opportunities and delivering greater value and scale for clients.

Nirvik brings more than 35 years of experience in the industry, most recently as Global Chief Operating Officer and President International at Grey Group. Nirvik has spent decades running multi-region businesses and partnering with enterprise brands including Procter & Gamble, The Coca-Cola Company, Volvo and Haleon to navigate complex market dynamics and deliver commercial impact.

Reporting to Nirvik, Ash Smith will focus on accelerating regional business growth, strengthening client partnerships and scaling Monks’ product and solutions capabilities across Asia Pacific. Ash brings more than 18 years of experience across Australia, Europe, China, Hong Kong and Southeast Asia, spanning product development, client solutions, innovation and business leadership. Throughout his career, he has focused on combining human intelligence, data and technology to create value for brands, translating local and regional market insights into innovative solutions and business growth.

Prior to joining Monks, Ash served as Chief Product and Solutions Officer for JAPAC at Tag, a Dentsu company, where he led the talent, products and technology needed to address complex client challenges, including driving Tag’s AI and innovation agenda. Previously, as Managing Director for Southeast Asia, he built strategic client partnerships and developed integrated, scalable solutions by bringing together expertise from across the network, delivering strong business growth.

Over his career, Ash has worked with leading global brands across technology, CPG, luxury and automotive, building long-term partnerships and delivering solutions that drive real-world impact. He has also shared his perspectives at industry forums, most recently NRF and ATS.

“We are excited to welcome Ash to our leadership team in Asia Pacific as we continue to scale our integrated offering and deepen our partnerships with clients across the region. His experience spanning client leadership, product, solutions and innovation will be valuable as we bring together creative, media, production, data and technology to deliver greater agility, efficiency and real-time relevance for brands. As we continue to advance our unitary model and the capabilities enabled by Monks.Flow, Ash will play an important role in translating our regional ambitions into meaningful outcomes for our clients and our business,” said Nirvik Singh, CEO, Monks EMEA and APAC.

Ash joins Monks as the company continues to evolve its integrated Marketing and Technology Services offering, bringing together creativity, media intelligence, production, data, and technology to help brands compete in an increasingly complex and fast-moving market. Through Monks.Flow, its flagship AI ecosystem for marketing orchestration, Monks is connecting insights, creativity, and execution to enable real-time relevance and turn marketing into a growth engine. Ash’s experience in product and solutions leadership, AI innovation and integrated client partnerships will support the continued development and deployment of these capabilities across Asia Pacific.

“The best agencies don’t just make work, they solve problems. When people and technology come together in the right systems, we can move faster, think bigger and unlock growth for brands in ways that weren’t possible before. That means bringing media, creative, production and data to the table as one team, not a set of silos. Our job is to put clients at the centre of everything we do and help them win through new ideas and experiences,” said Ash Smith, incoming EVP, Monks Asia Pacific.

Based in Sydney, Fay Denis du Peage will report to Ash Smith and lead Monks’ growth and market development across Australia and New Zealand. She will focus on strengthening the local offering, deepening client partnerships and bringing together Monks’ capabilities across creative, media, data and technology.

Fay brings experience across media, data, digital and operations from her career at Monks and MightyHive. She steps into the role after serving as Senior Vice President, Media, APAC, where she has helped strengthen Monks’ regional media proposition and drive greater integration across data, technology and media.

“AUNZ is a sophisticated and fast-moving market, and there is a significant opportunity for Monks to bring more of our capabilities together around the challenges our clients are facing, empowering them to become Real-Time Brands. The future of marketing isn’t about one discipline working in isolation—it’s about connecting media, creativity, data and technology with AI to create better outcomes in real time. My focus will be on making that capability even more relevant and accessible to clients, while building on the strength of our local teams and partnerships. I’m excited about what we are about to create together in the market,” said Fay Denis du Peage, Managing Director, Australia and New Zealand, Monks.

“Nirvik and Ash bring complementary leadership experience and a strong understanding of what clients need in an increasingly complex and fast-changing market. With Nirvik’s expanded regional leadership and Ash’s expertise in client solutions, product, and innovation, we are strengthening our ability to drive growth, connect capabilities, and deliver greater value for clients across our markets. Fay’s appointment is an important step in strengthening our presence across AUNZ, with Australia as our largest APAC market. I would also like to thank Kenny Griffiths for his leadership and the valuable contributions he has made to Monks,” said Bruno Lambertini, CEO, Marketing Services, Monks.

Media Inquiry

Evelyn Hsu
VP, Marketing and Communications, APAC
Evelyn.hsu@monks.com

About Monks

Monks is the global, digital-first, data-driven, unitary operating brand of S4 Capital plc. With a legacy of innovation and specialized expertise, Monks combines an extraordinary range of global Marketing and Technology Services to redefine how brands interact with the world. Through Monks.Flow, its flagship AI ecosystem for marketing orchestration, Monks transforms marketing into a growth engine, collapsing timelines and connecting brands to culture in real time. By deploying bespoke intelligent agents across disciplines and delivering culturally relevant, high-impact creative and digital solutions, Monks solves key critical business challenges across the entire brand enterprise to help brands sustain long-term impact.

Monks was named a Contender in The Forrester Wave™: Global Marketing Services and a leader in the 2026 Gartner® Magic Quadrant™ for Global Digital Marketing Agencies. It ranks among Cannes Lions’ Top 10 Creative Companies (2022-25) and remains the only partner featured in AdExchanger’s Programmatic Power Players list every year (2020-24). Named Adweek’s first AI Agency of the Year (2023) and The One Show’s inaugural AI Pioneer Organization (2025), Monks was also awarded Business Intelligence Group’s 2026 Excellence in Artificial Intelligence Award in the Human-Machine Interaction Team category. Additionally, Monks.Flow earned AI-based Marketing Solution of the Year at the 2026 AI Breakthrough Awards and a 2026 Global Generative AI Award in the Agentic Marketing Innovation category. Finally, Monks achieved a record-breaking number of FWAs and continues to hold the most of any partner.

About S4 Capital

S4 Capital is a purely digital advertising and marketing services business built for global, multinational, regional and local clients, as well as millennial-driven influencer brands. The business operates through two data- and digital-media-driven practices: Marketing Services and Technology Services, emphasising ‘faster, better and more efficient’ execution in an always-on, consumer-led environment. Its unitary structure positions the Company as a systems integration partner delivering real-time relevance in the post-agency era.

The Company has approximately 6,200 people in 34 countries, with approximately 82% of net revenue across the Americas, 12% across Europe, the Middle East and Africa, and 6% across Asia-Pacific. The longer-term objective is a geographic split of 60%:20%:20%. Marketing Services accounted for approximately 91% of net revenue and Technology Services 9%. The target allocation is a practice split of 75%:25%.

Sir Martin Sorrell was CEO of WPP for 33 years, building it from a £1 million ‘shell’ company in 1985 into the world’s largest advertising and marketing services company, with a market capitalisation of over £16 billion on the day he left. Prior to that, Sir Martin was Group Financial Director of Saatchi & Saatchi Company Plc for nine years.

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