Technology

CGTN: Jointly advancing modernization, building high-level China-Africa community with shared future

Published

2 weeks ago

September 4, 2024

BEIJING, Sept. 4, 2024 /CNW/ — For Eric Ngirababyeyi, who is pursuing a master’s degree at a university in east China’s Jiangsu Province, a letter from Chinese President Xi Jinping is one of the best things to have happened to commemorate his school life in China.

In a reply letter last July to Ngirababyeyi and 36 other international students pursuing master’s degrees in auditing at Nanjing Audit University, Xi encouraged them to use auditing as a window to better understand China and make contributions to deepen the friendship and cooperation between China and their own countries.

“Based on the education, based on field study, and also based on the good hospitality of this country, we have been planning to write a letter to President Xi for what they did. Honestly, I didn’t expect a response in a few weeks like that,” Ngirababyeyi said.

Ngirababyeyi worked as an auditor at Rwanda’s Office of the Auditor General before coming to China for the international master’s program in auditing. Launched in 2016, the program has trained more than 280 people working for auditing agencies in 76 countries participating in the Belt and Road Initiative (BRI).

Ngirababyeyi noted he and his classmates learned a lot about the auditing, and said they would bring their auditing experience and knowledge back to their countries.

The young Rwandan is just one of the more than 50,000 African students studying in China every year. China has become a preferred educational destination for many young Africans, according to the Chinese Mission to the African Union.

China has trained more than 220,000 personnel from African countries, taking into account their actual needs, said Bai Bin, an official of the China International Development Cooperation Agency (CIDCA), at a recent press briefing.

China’s cooperation with Africa in human resource development has been very fruitful. It has not only helped African countries train many talents but also improved their capacity for independent development, empowering them to maintain the momentum of sustainable development, according to the CIDCA.

On August 24, 2023, at the China-Africa Leaders’ Dialogue, President Xi announced China’s launch of the Plan for China-Africa Cooperation on Talent Development. It stressed that cooperation on talent development between China and Africa should be oriented toward modernizing governance capacity, promoting economic and social development, enhancing efficiency through scientific and technological innovation, and improving people’s well-being.

President Xi also urged China and Africa to join hands for modernization at the dialogue. China is willing to launch an initiative to support Africa’s industrialization, which will support Africa in growing its manufacturing sector and realizing industrialization and economic diversification.

Under the China-proposed BRI, China–Africa cooperation in infrastructure has yielded fruitful results, with high-quality projects playing a pivotal role in advancing Africa’s industrial development and economic transformation.

Over the past decade, China has built over 6,000 kilometers of railways and roads, nearly 20 ports, and more than 80 large power facilities in Africa, according to Chinese Commerce Minister Wang Wentao.

In 2013, President Xi announced the principle of sincerity, real results, amity and good faith for China’s Africa policy. Over the past 10 years, China has stayed committed to this principle.

When addressing the 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC), President Xi expressed confidence that the baton of China–Africa friendship would be passed from one generation to the next and that China and Africa, working together, would build an even more vibrant community with a shared future.

Under the theme “Joining Hands to Advance Modernization and Build a High-Level China-Africa Community with a Shared Future,” the 2024 FOCAC summit is set to be held in the Chinese capital Beijing from September 4 to 6.

The 2024 FOCAC summit is expected to explore ways to strengthen friendship and cooperation and write a new chapter on building a China-African community with a shared future.

https://news.cgtn.com/news/2024-09-04/China-Africa-work-for-closer-community-with-shared-future-1wC60a2YHHG/p.html

View original content:https://www.prnewswire.com/news-releases/cgtn-jointly-advancing-modernization-building-high-level-china-africa-community-with-shared-future-302237637.html

SOURCE CGTN

Technology

Broadridge’s Securities-based Lending Capabilities and Wealth Lending Network Now Integrated with Morningstar Advisor Workstation

Published

42 mins ago

September 15, 2024

The collaboration enables independent advisors to deliver holistic advisory services across the full balance sheet with integrated SBL capabilities to see the borrowing power for portfolios.

NEW YORK, Sept. 15, 2024 /PRNewswire/ — Global fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) announces the securities-based lending (SBL) tools in its Wealth Lending Network (WLN) marketplace are now integrated in Morningstar Advisor Workstation. Extending beyond Workstation’s core research, investment planning, and portfolio analysis capabilities, independent advisors now have seamless access to lending solutions that help them support broader client financial goals.

The integration offers financial advisors the ability to determine their clients’ SBL borrowing potential and connect with WLN partner banks to support their clients’ lending needs. Advisor Workstation’s U.S. footprint of more than 150,000 advisors will now be offered the opportunity to seamlessly connect to SBL services from Broadridge through their single sign on, as well as to access Broadridge’s advanced predictive prospecting, sales and educational capabilities via the Wealth Lending Network platform.

“Today’s advisors recognize the importance of offering expanded services to add value for their clients. As highlighted in Morningstar’s 2024 Voice of the Advisor Survey, advisors who offered a broader range of services were more confident in their ability to support their client with meaningful financial plans” said Vimal Vel, chief product officer for Enterprise Solutions at Morningstar. “Our collaboration with Broadridge equips advisors with a tool for advanced lending options, enabling them to provide a more comprehensive suite of services and elevate the industry standard for the value advisors offer clients.”

“Our mission at Broadridge is to provide trusted expertise and transformative technology to help clients and the financial services industry operate, innovate, and grow,” said Mike Alexander, President of Broadridge Wealth Management. “This collaboration helps advisors respond to the growing demand for flexible, simplified, and integrated financial solutions, including borrowing against their securities portfolio, allowing them to better align with their clients’ evolving goals, and provide expanded service offerings that strengthen their client relationships.”

The WLN enables wealth managers of all sizes to offer SBL services to their clients using Broadridge’s end-to-end, fully digitized SBL technology platform. It extends current lending models, enabling financial institutions to offer SBL to clients on a turnkey basis. Serving RIAs, independent broker-dealers, non-bank affiliated broker dealers, and wealth management firms, the WLN will allow advisors using the Morningstar Advisor Workstation to retain AUM when client liquidity needs arise, reduce competitive risk from wire houses and banks, and offer holistic advice to their clients.

Clients of financial advisors using WLN and Morningstar Advisor Workstation are expected to directly benefit from having an alternative to liquidating investment portfolios. This can help them to preserve their investment strategy, avoid triggering potential capital gains taxes associated with selling investments, and enjoy the convenience of a single provider for both assets and liabilities. They also gain the flexibility of an evergreen credit facility for ongoing financial needs.

About Broadridge

Broadridge Financial Solutions (NYSE: BR), is a global technology leader with the trusted expertise and transformative technology to help clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.

Our technology and operations platforms underpin the daily trading of more than $10 trillion of equities, fixed income and other securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 14,000 associates in 21 countries. For more information about us, please visit www.broadridge.com.

About Morningstar, Inc.

Morningstar, Inc. is a leading provider of independent investment insights in North America, Europe, Australia, and Asia. The Company offers an extensive line of products and solutions that serve a wide range of market participants, including individual and institutional investors in public and private capital markets, financial advisors and wealth managers, asset managers, retirement plan providers and sponsors, and issuers of fixed-income securities. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with approximately $316 billion in AUMA as of June 30, 2024. The Company operates through wholly-owned subsidiaries in 32 countries. For more information, visit www.morningstar.com/company. Follow Morningstar on X (formerly known as Twitter) @MorningstarInc.

Media Contacts:

Broadridge:
Matthew Luongo
Prosek Partners
+1 646-818-9279
mluongo@prosek.com

Morningstar:
Michael Claussen
+1 312 696-6037
newsroom@morningstar.com

View original content:https://www.prnewswire.com/news-releases/broadridges-securities-based-lending-capabilities-and-wealth-lending-network-now-integrated-with-morningstar-advisor-workstation-302248260.html

SOURCE Broadridge Financial Solutions, Inc.

Technology

Apple’s Iconic Timeline Comes to Life in Stunning Motion Graphics by WideView

Published

42 mins ago

September 15, 2024

WideView, a leading motion graphics company, proudly announces the release of its latest project, a captivating motion graphics video that chronicles Apple’s evolution from the groundbreaking Macintosh to the revolutionary iPhone. This visually stunning video takes viewers on an immersive journey through Apple’s most iconic milestones, highlighting the products, innovations, and visionary leadership that transformed the tech industry.

NEW YORK, Sept. 15, 2024 /PRNewswire-PRWeb/ — WideView, a leading motion graphics company, proudly announces the release of its latest project, a captivating motion graphics video that chronicles Apple’s evolution from the groundbreaking Macintosh to the revolutionary iPhone. This visually stunning video takes viewers on an immersive journey through Apple’s most iconic milestones, highlighting the products, innovations, and visionary leadership that transformed the tech industry.

Using a combination of real ads, vintage content, and expertly crafted motion graphics, WideView’s video offers an engaging look at Apple’s rise story. The video features key moments such as the launch of the Macintosh in 1984, the introduction of the iPod, and the “Project Purple” for the game-changing iPhone in 2007. Through creative storytelling and vibrant visuals, WideView captures the essence of Apple’s innovative spirit and showcases the design excellence that has made the company a global leader.

“More than just an historical animation, we aimed to evoke the nostalgia and excitement that Apple’s products have generated to us over the decades,” said Emmanuel, Creative Director of WideView. “Our team meticulously crafted this video to resonate with Apple fans, tech enthusiasts, and creatives alike, while paying tribute to the brand’s incredible journey.”

Key Highlights:

An immersive look at Apple’s major product launches, from the Apple II to the iPhone.Motion graphics enhanced with real ads and vintage content to bring Apple’s evolution to life.A tribute to visionary leadership, from Steve Jobs to Apple’s impact on modern technology.A nostalgic yet forward-thinking video that celebrates Apple’s commitment to innovation and design.

WideView’s motion graphics video promises to captivate viewers by blending rich storytelling with high-quality design. It’s a must-watch for anyone curious about Apple’s history or fascinated by the role of technology in shaping our world.

The video is now live and available for viewing on WideView’s YouTube channel.

Watch Now: https://youtu.be/j9AWJc2EeWA

About WideView: WideView is a motion graphics agency with extensive experience creating animations for various brands. The agency focuses on storytelling through design to connect brands with audiences.

Media Contact

Brenda Caran, Wideview, 1 646-583-3404, hello@wideview.tv, https://wideview.tv/

View original content to download multimedia:https://www.prweb.com/releases/apples-iconic-timeline-comes-to-life-in-stunning-motion-graphics-by-wideview-302248165.html

SOURCE Wideview

Technology

World’s 1st Flashlight Experience Store Kicks Off in Las Vegas

Published

5 hours ago

September 15, 2024

LAS VEGAS, Sept. 15, 2024 /CNW/ — Olight, a brand committed to becoming a global leader in mid-to-high-end flashlights, opened the world’s first flashlight experience store at Fashion Show Las Vegas. On the same day, it hosted a major new product launch event and a fan festival for its loyal customers.

A Retail Revolution

The store adopts an advanced digital retail model that seamlessly integrates online and offline channels. Leveraging cloud computing, big data, IoT, and other cutting-edge technologies, Olight has created a unified system for warehousing, logistics, supply chain management, and retail. This enhances operational efficiency and allows consumers to order online and pick up in-store, offering a more convenient and efficient shopping experience.

“Olight has consistently focused on the U.S. market and achieved outstanding results online. We want our first experience store to not only showcase our products but also serve as a bridge between the online and offline, connecting our brand with our customers,” said Mavis Xiao, CMO of Olight.

New Product Launches

Olight unveiled five new products at the event: Arkfeld Ultra, Baton Turbo, Perun 3, Sphere, and the Arkfeld Pro (Paw Edition). The Arkfeld Ultra uses a new aluminum material, making it one of the toughest and most scratch-resistant flashlights in the world. Olight also used this material to create a special gift for each audience member.

With the release of the Arkfeld Pro (Paw Edition), Olight announced an animal charity project in 13 countries, dedicated to supporting animal welfare for at least two years. For every Arkfeld Pro (Paw Edition) sold, Olight will donate $5 to local animal charities. This initiative aims to raise funds for animal protection and increase social awareness and action.

O-Fan Day: Celebrating the Community

O-Fan Day was a fan festival where Olight expressed its appreciation to the O-Fans, whom Olight believes are the driving force behind the brand’s growth. Olight held a fan award ceremony to recognize fans who have made outstanding contributions to supporting and promoting the brand. Over 200 O-Fans attended the festival, celebrating with Olight’s management, R&D teams, and more.

The Olight Fall Event 2024 was the brand’s most important event of the year. As a brand dedicated to establishing itself as a global leader in flashlights, Olight is bold in breaking the mold. This Fall Event demonstrated Olight’s determination to redefine the flashlight industry through innovation and to promote the development of the entire industry.

About Olight:

Olight is committed to becoming a global leader in mid-to-high-end flashlights and driving the industry forward. Its diverse product range caters to various scenarios, from everyday carry to outdoor adventures, and is available across Europe, the Americas, and beyond.

View original content to download multimedia:https://www.prnewswire.com/news-releases/worlds-1st-flashlight-experience-store-kicks-off-in-las-vegas-302248434.html

SOURCE Olight Group Co.,Ltd