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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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Jtibot Showcases Autonomous Outdoor Sweeping Innovation at Interclean Amsterdam 2026, Accelerating European Market Expansion

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AMSTERDAM, April 24, 2026 /PRNewswire/ — Jtibot, a developer of autonomous outdoor cleaning solutions, concluded a successful showcase at Interclean Amsterdam 2026, highlighting its focus on large-scale, AI-driven sweeping for industrial, municipal, and campus environments.

At Hall 8, Booth 538, Jtibot presented its autonomous outdoor sweeper designed for environments exceeding 10,000 sqm. Positioned between traditional equipment and emerging robotics, the system addresses the growing demand for more efficient and less labor-dependent outdoor cleaning operations.

During the exhibition, Jtibot attracted strong interest from European distributors and facility management professionals seeking scalable solutions for large-area maintenance. The company was also featured in an official media interview at the event, reflecting increasing attention toward autonomous technologies in the cleaning industry.

Jtibot’s approach centers on human-machine collaboration. By reducing repetitive manual work while maintaining operational flexibility, its systems support more sustainable and efficient facility management practices. This aligns with broader ESG (Environmental, Social, and Governance) priorities, including improved resource efficiency and enhanced working conditions.

Building on its presence at Interclean, Jtibot is currently advancing discussions with multiple European partners for regional distribution and deployment. The company is also in the final stage of a fleet procurement agreement valued at approximately $1.4 million, signaling early commercial traction in large-scale applications scenarios.

“As outdoor environments continue to grow in scale and complexity, automation is becoming essential,” said Steven, VP at Jtibot. “Our goal is not to replace people, but to empower them—making operations more efficient and labor more sustainable.”

Following Interclean Amsterdam 2026, Jtibot is actively expanding its European partner network and preparing for broader market deployment across key regions, as it accelerates its global commercialization strategy.

About Jtibot
Jtibot specializes in autonomous outdoor sweepers designed for large-scale environments. By combining AI-driven navigation with industrial-grade hardware, the company enables efficient, scalable, and sustainable cleaning operations worldwide.

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2U Refinances and Raises Growth Capital

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ARLINGTON, Va., April 24, 2026 /PRNewswire/ — Many education technology companies spent 2024 and 2025 scaling back. New university partnerships slowed as institutions built internal capacity. Against that backdrop, 2U completed a growth recapitalization, with its existing owners putting growth capital into the business alongside a refinancing of its current credit facilities.

The question worth asking is: why now, and what did they see?

2U operates edX, a global online learning platform originally co-founded by Harvard and MIT that now reaches more than 100 million people through over 5,300 programs with 250-plus institutional and enterprise partners. Employees from more than 60% of Fortune 500 companies use edX for professional development. To date, over 76,000 people have graduated from 2U-powered degree programs from leading institutions, including UC Berkeley, Howard University, and Georgetown. The company has been privately held since completing a financial reorganization in 2024, and Kees Bol has served as CEO since January 2025.

Lincoln International, which advised 2U on the transaction exclusively, described the refinancing outcome: extended credit maturities, improved capital structure, and financial flexibility to continue executing on 2U’s long-range plan. Managing Director Alex Stevenson said the deal “reflects the confidence of 2U’s owners in the long-term value of the business.”

Confidence in what, exactly? The AI workforce training market. Skills in AI-affected roles are evolving 66% faster than average according to PwC research, and IDC has estimated that unfilled AI skills gaps could cost the global economy $5.5 trillion. Universities and enterprises are both trying to solve that problem, and both are looking for platforms with the breadth and accreditation backing to do it credibly.

2U’s partnerships are designed for exactly that. IBM’s six technical microcredentials on edX train the engineers and data scientists who build AI systems. Microsoft’s CxO Edge program, launched in late 2025, targets the C-suite executives who need to move from AI pilots to enterprise-wide adoption, part of a Microsoft presence on edX that has drawn over 40,000 learners in the past six months alone.. Oxford’s Faculty of Law program addresses governance: what board members and legal advisors need to understand about AI liability, compliance, and fiduciary responsibility. UC Berkeley’s Master of Information and Data Science (MIDS) online program prepares learners to shape the future of AI and data science with human-centered values and focuses on solving the world’s most pressing data challenges. Each program exists because a specific employer community identified a specific gap.

That’s the differentiation investors are backing. Generic online courses are abundant. Programs designed in partnership with IBM, Microsoft, UC Berkeley, and Oxford’s Faculty of Law and delivered on a platform with proven Fortune 500 adoption are not.

Credentials earned on 2U’s edX platform carry the academic standing of the issuing partner institutions. Its programs span executive education, professional certificates, microcredentials, and accredited online degree programs, all powered by 2U’s infrastructure but conferred by partner universities and institutions with their own accreditation.

HolonIQ data puts the broader trend in context: microcredentials grew from 7% of global online program offerings in 2022 to 19% by 2025. The shift toward stackable, job-aligned credentials, in addition to traditional degrees,  is real and accelerating. The global online education market is projected to exceed $200 billion as that trend matures. 2U’s decision to build depth in short-form, employer-designed AI training aligns directly with where learner demand is heading.

None of this is abstract for the organizations that use edX at scale. When a company needs to certify 500 engineers on AI development, or prepare its entire C-suite for a board presentation on AI governance, the platform’s reach and credential quality both matter. A certification backed by IBM and a degree from institutions such as Berkeley carries weight with hiring managers in a way a generic online course does not.

The refinancing extends 2U’s ability to keep building that catalog and the partnerships behind it. Stevenson framed it as giving the management team “the financial foundation to keep executing on its mission.” The mission, under Bol’s leadership, is straightforward: help universities and enterprises close the AI skills gap by meeting learners where they are, at the pace the market demands.

The investors who contributed growth capital made a bet that a platform that reaches 100 million people and has 250-plus partners, including IBM, Microsoft, UC Berkeley, and Oxford in its program portfolio, is better positioned to close that gap than any platform that would need to build from scratch.

Media Contact:
Kees Bol
social@2u.com 

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Autonomous Resource Corporation and Oak Ridge National Laboratory Partner to Accelerate AI-Enabled Defense Manufacturing at National Scale

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Strategic partnership combines ORNL’s supercomputing and advanced manufacturing expertise with ARC’s autonomous production platform to address critical defense industrial base shortfalls

OAK RIDGE, Tenn. and NEW YORK, April 24, 2026 /PRNewswire/ — Autonomous Resource Corporation (ARC), a Delaware corporation, and Oak Ridge National Laboratory (ORNL), the U.S. Department of Energy’s largest multi-program science and energy laboratory, today announced a Memorandum of Understanding (MOU) establishing a strategic public-private partnership to accelerate the on-demand manufacture of qualified, mission-critical components for U.S. national security applications.

The partnership combines ORNL’s HPC and manufacturing capability with ARC’s ARCNet distributed AI-manufacturing platform

The partnership — known as the Exascale Foundry — will combine ORNL’s computing and manufacturing capabilities with ARC’s ARCNet distributed manufacturing platform to create a closed-loop system for AI-enabled materials and manufacturing qualification and autonomous production at defense-relevant scale.

“The United States faces an urgent need to rebuild its manufacturing capacity for critical defense components,” said Bryan Wisk, CEO of ARC. “By combining ORNL’s world-leading computational, materials science, and manufacturing capabilities with our autonomous production infrastructure, we can compress manufacturing and qualification timelines from years to months and deliver manufactured parts at the volumes the warfighter needs.”

Partnership Highlights

Under the MOU, ARC will deploy advanced manufacturing equipment organized into seven production nodes connected to ORNL via ARC’s secure ARCNet infrastructure. ARC will expand capability through ORNL’s high-performance computing (HPC) resources.

ORNL will provide access to HPC expertise for simulation-driven materials characterization and qualification, along with technologies developed at the Manufacturing Demonstration Facility (MDF), the Department of Energy’s only large-scale, open-access advanced manufacturing facility. ORNL’s Peregrine AI software, which has analyzed over 1.9 million additive manufacturing layers, will be integrated into ARC’s production nodes for real-time adaptive control and quality assurance.

This partnership also supports DOE’s Genesis Mission, a national initiative to build the world’s most powerful scientific platform to accelerate discovery science, strengthen national security and drive energy innovation. ARC and ORNL’s collective capabilities will help reenvision advanced manufacturing and industrial productivity, accelerate defense production and qualification, and secure critical supply chain elements.

“ORNL’s advanced manufacturing and computing capabilities are uniquely positioned to help accelerate the transition of laboratory-proven technologies into production-scale defense manufacturing,” said Moe Khaleel, ORNL associate laboratory director for National Security Sciences. “Partnering with ARC ensures we are transitioning our research into real production outcomes.”

The initial implementation will focus on high-temperature nickel superalloy turbine components for autonomous air vehicle engines using metal binder jetting technology, directly addressing demonstrated production bottlenecks in the U.S. defense supply chain.

ORNL Chief Manufacturing Officer Craig Blue added, “This partnership exemplifies the type of relationship necessary to build and grow domestic supply chains for our national security.”

About Autonomous Resource Corporation

ARC is a New York–headquartered corporation building and operating an AI-enabled, autonomous manufacturing platform for national security and critical infrastructure applications. ARC’s Autonomous Resource Controller Network (ARCNet) connects distributed production cells into a secure, federated manufacturing grid capable of producing qualified components at scale. ARC’s leadership team brings deep experience across defense technology, capital markets, materials science, and additive manufacturing at production scale.

About Oak Ridge National Laboratory

Oak Ridge National Laboratory is the largest U.S. Department of Energy science and energy laboratory, conducting basic and applied research to deliver transformative solutions to compelling problems in energy and security. DOE’s Manufacturing Demonstration Facility at ORNL partners with more than 300 companies, spurring over $5.5 billion in economic growth. ORNL is managed by UT-Battelle, LLC for the U.S. Department of Energy’s Office of Science.

Media Contacts:

ARC: Bryan Wisk, Chief Executive Officer | bryan@autonomousresource.com | 929-523-3953

ORNL: Eric Swanson, National Security Sciences Communications Lead | swansonej@ornl.gov | 865-206-5794

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SOURCE Autonomous Resource Corporation

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