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Chengdu booming as global e-commerce hub

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CHENGDU, China, Sept. 14, 2024 /PRNewswire/ — With cross-border trade representing a new direction for e-commerce in recent years, cross-border e-commerce in Chengdu has experienced explosive growth. Its public service platforms completed more than 61 million import and export declarations in the first half of this year, a year-on-year increase of 276 percent.

How does Chengdu in Southwest China’s Sichuan province, a city not located by the sea or any border, achieve such growth? The China Europe Express Railway (Chengdu–Chongqing) is gradually maturing, the construction of the New International Land-Sea Trade Corridor involving Chengdu is accelerating, two airports in Chengdu are in operation, and related cross-border road transportation has opened, all contributing to Chengdu’s increasingly rich channels for opening-up.

An import and export trading company located in the Chengdu Hi-tech Comprehensive Bonded Zone, is among the beneficiaries of the development of the cross-border e-commerce industry.

A representative from the company said that cross-border consumption surged in 2024. In the first half of the year, its daily average order volume exceeded 20,000, with the daily average order volume of its bonded warehouse in Shuangliu district, Chengdu, close to 15,000 and the monthly throughput of infant milk powder exceeding 1 million cans. The company’s platform saw its order volume increase by around 40 percent year-on-year, the representative said, adding that as a cross-border e-commerce company specializing in imported maternal and child products, it has served more than 2 million cross-border consumers.

The growth in sales and the development of cross-border e-commerce have given companies the impetus to expand their scale and supply chains. The above-mentioned trading company will continue to expand links with overseas brands and increase product categories, its representative said.

With diverse freight routes, products from around the world can be brought to Chengdu, while Chengdu’s advantageous products such as women’s shoes and used cars can be sold abroad. Chengdu is known as the “women’s shoes capital of China” and is a major hub for women’s shoe manufacturing in China. As cross-border e-commerce integrates with the local shoe industry, more companies found business opportunities abroad and Chengdu’s shoe industry is changing from product export to brand export.

A Chengdu-based company, primarily engaged in outsourcing foreign women’s shoe brands, launched its independent site this year and introduced its own brand for overseas sales. The concept of an independent site means establishing a website with its own brand to directly sell products to overseas consumers without relying on foreign brands or sales platforms.

Through the independent site, the company’s per-customer transaction value can reach more than $100, compared to the previous $30.

Currently in Chengdu, an increasing number of shoe manufacturing companies are focusing on cross-border e-commerce. At the end of last year, there were fewer than 200 such companies, but the number has doubled this year. The traditional shoe manufacturing industry in Chengdu is rejuvenated, driven by cross-border e-commerce.

There are now more than 120,000 cross-border e-commerce entities nationwide. The businesses providing them services, such as logistics, payment and data, are also rapidly gathering in Chengdu.

A representative from the Chengdu bureau of commerce said that some traditional enterprises that were not engaged in cross-border e-commerce, especially small and medium-sized enterprises, are very willing to go global. The bureau will compile a manual for cross-border e-commerce services targeting such enterprises and nurture a batch of high-quality export brands.

Chengdu has planned to cultivate more than 15 advantageous industrial belts for cross-border e-commerce by the end of 2025, driving transaction volumes to exceed 140 billion yuan ($19.72 billion).

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SOURCE Chengdu Commerce Bureau

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Wenge AI Subsidiary D2 Intelligence Showcases Four AI Products at Hong Kong FinTech Week 2026

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HONG KONG, Nov. 3, 2026 /PRNewswire/ — D2 Intelligence, a subsidiary of Wenge AI (1956.HK), is showcasing at Hong Kong FinTech Week x StartmeupHK 2026. Under this year’s theme “Fintech Nexus: Bridging the World, Building the Future”, Asia’s flagship fintech event brought together more than 45,000 attendees from more than 120 economies. At its exhibition booth, D2 Intelligence showcased four AI products — Decitron, ScienceOra, DocuMind and Checkie — spanning decision intelligence, scientific research, enterprise document intelligence and consumer-grade risk checking.

Decitron — the world’s first general-purpose large decision model.

Released by Wenge AI in June 2026, Decitron was a centerpiece of the showcase. Built on three technical pillars — a World Model, multi-agent reasoning and game solving — the model understands events, deduces possible paths and compares outcomes for complex, open-ended problems. On the internationally recognized PolyBench benchmark, it achieved a Final Forecast Accuracy of 81.20%. Rather than simply answering questions, it generates deduction process reports and comprehensive analysis reports for decision-makers, and continuously tracks evolving situations through its X-Signal global signal capability.

Decitron is available at https://decitron.wenge.com/app.

ScienceOra — an intelligent research decision platform for AI for Science (AI4S).

ScienceOra is built on the ScienceOne Scientific Foundation Model. Recently launched on Tencent WorkBuddy with more than 30 specialist research agents and skills, ScienceOra supports literature analysis, hypothesis development, study design, modeling and simulation, validation and research communication across disciplines. At the booth, ScienceOra demonstrated how, in a drug R&D scenario, a researcher evaluating Fostamatinib can first build a developability evaluation framework, then analyze the compound’s ADMET characteristics together with known bioactivity and toxicity data, and finally receive a proposed follow-up validation plan with key metrics.

ScienceOra is available at https://www.scienceone.ai/portal/.

DocuMind — an enterprise document intelligence and decision platform.

Launched by D2 Intelligence in September 2026, DocuMind serves financial services, insurance and public services, where accuracy, compliance and traceability are critical. Built on Wenge AI’s DOMA architecture (Data, Ontology, Models and Agents), it brings document recognition, information extraction, cross-document verification and risk review into a single, fully traceable workflow. In the HKMA GenA.I. Sandbox, DocuMind processed a trade finance document of up to 10 pages in under 30 seconds — compared with 10 to 20 minutes manually — with extraction accuracy for core fields exceeding 95% and a review automation rate of approximately 85%. Every conclusion retains its rationale, evidence and audit trail, and the platform supports data masking, isolated environments and on-premises deployment.

Checkie — an AI-powered “second opinion” for everyday decisions.

Checkie turns contracts, freelance offers and dating profiles into easy-to-read reality checks. Users upload PDFs or screenshots, and Checkie applies OCR and image analysis to flag unusual details and points worth a second look — from clauses buried in a rental agreement to red flags in a job offer or an online conversation. During the event, Checkie was named a Global Fast Track 2026 Semi-Finalist by Invest Hong Kong. Checkie was also recently nominated as China’s sole representative in the Government and Citizen Engagement category of the World Summit Awards (WSA) 2026, a United Nations-backed global digital innovation award, and will represent China in the upcoming global selection.

Checkie is available at https://checkie-ai.com/.

About D2 Intelligence

D2 Intelligence is a data and decision intelligence company powered by AI LLMs. We provide products and solutions for digital transformation, cross‑modal analytics, AI‑assisted decision optimization, AIGC content creation, financial risk management and investment research. We serve global brands, financial institutions and media companies including Haier, BYD, Kantar, China Construction Bank, China Merchants Bank, Guotai Junan Securities and CMG Asia-Pacific. Our headquarters is in Hong Kong, with R&D teams across major cities in Mainland China. For more information, visit https://www.d2-ai.com/.

About Wenge AI

Wenge AI (1956.HK) is a provider of artificial intelligence technology and service platform products for enterprises. With self-developed large models as its core, the company helps enterprises build practical intelligent platforms and applications. Founded by a team of AI scientists from the Chinese Academy of Sciences, Wenge AI has deep technological expertise in large models, cognitive intelligence and complex-system modeling, and is committed to advancing AI from technological capabilities to enterprise-level applications.

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SOURCE Wenge AI

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Trane Expands Future Climate Engineers Scholarship Program in Indonesia to Broaden Student Access

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BANDUNG, Indonesia, Nov. 4, 2026 /PRNewswire/ — Trane – by Trane Technologies (NYSE: TT), a global climate innovator, has announced the expansion of the Trane Future Climate Engineers Scholarship Program in Indonesia, part of its commitment to help develop the next generation of climate leaders.

Building on a successful inaugural year, Trane is building upon its collaboration with Politeknik Negeri Bandung (POLBAN) and local non-governmental organization Yayasan Generasi Cerdas Iklim (GCI) to equip more emerging professionals with the financial support, technical training and leadership development needed to drive impact in a rapidly evolving industry.

“The HVAC industry needs talent with more than technical knowledge. As the industry evolves, there is growing demand for future-ready professionals who can apply digital tools, improve energy efficiency and help advance sustainability goals,” said Steven Lim, Country Leader of Trane Indonesia. “Through this scholarship program, we are helping bridge the gap between academic learning and industry experience, equipping young people with the skills, exposure and confidence to succeed and make a meaningful impact.”

In response to the evolving skills needs of Indonesia’s climate and energy sectors, the 2026 program is expanding its scope to include additional participants and disciplines. The program will continue its focus on Refrigeration and Air Conditioning Engineering while also welcoming high-potential students from POLBAN’s Mechanical Engineering, Energy Engineering, Electrical Engineering and Business Administration disciplines.

The program’s learning experience has also been enhanced. Co-developed by Trane and GCI, the curriculum now brings together experts in climate resilience, low-carbon development and artificial intelligence to provide students with broader exposure to the issues shaping the future of the industry. Through an intensive leadership and innovation experience, mixed-discipline student teams will develop and implement community mini-projects designed to apply their learning in practical ways.

To further extend the program’s impact, selected online training sessions that were previously available only to scholarship recipients will now be offered free of charge to the public. This open-access approach will enable more young people across Indonesia to explore climate, sustainability and green career pathways.

“The scholarship program gives students the opportunity to learn and grow beyond the classroom, while exposing them to diverse professional and industry perspectives,” said Iwan Ridwan, S.T., M.T., Ph.D., Vice Director for Academic Affairs of POLBAN. “We look forward to continuing this collaboration to strengthen the connection between vocational education and industry needs, helping students better understand how their knowledge can be applied in the workplace and in broader society.”

“Over the first year, the program demonstrated strong interest among young people in climate, energy and sustainability,” said Ikrom Mustofa, S.Si., M.Sc., Founder and Advisor of GCI. “By opening selected sessions to the public, we are expanding access for students from diverse academic backgrounds while continuing to provide scholarship recipients with structured and in-depth development support.”

The Future Climate Engineers Scholarship supports the company’s 2030 Sustainability Commitments, and its efforts to expand access to STEM education and inspire the next generation of learners with the potential to transform our way of life and our world.

About Trane

Trane – by Trane Technologies (NYSE: TT), a global climate innovator – creates comfortable, energy efficient indoor environments for commercial and residential applications. For more information, please visit www.trane.com or www.tranetechnologies.com.

About Trane Technologies

Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. For more on Trane Technologies, visit tranetechnologies.com.

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SOURCE Trane – by Trane Technologies

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Viettel Group and Vietnam’s Government Cipher Committee Unveil Security Chip Embedding Vietnamese Cryptography in Silicon

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HANOI, Vietnam, Nov. 3, 2026 /PRNewswire/ — Vietnam’s Government Cipher Committee and Viettel Group have unveiled VGC v1.0, a security chip integrating a domestically developed cryptographic algorithm directly into silicon, alongside the country’s first domestically designed secure semiconductor platform.

The project addresses concerns over potential data exposure associated with reliance on imported chips. By embedding cryptographic functions directly into hardware, Vietnam’s Government Cipher Committee and Viettel Group aim to strengthen Vietnam’s control over the design and verification of technologies used to protect sensitive information.

VGC v1.0 contains 300 million transistors in a 10 × 10 mm package and is fabricated using a 28-nanometre CMOS process. In performance tests, it performed encryption and decryption approximately 15 times faster than a software-only solution carrying out the same tasks. The first batch passed technical tests and received certification for socio-economic applications in the first quarter of 2026. Technical safeguards were also applied to protect the design before fabrication, reducing risks of information leakage and reverse engineering.

The Government Cipher Committee’s M2 unit established security requirements, developed the cryptographic algorithm and defined evaluation criteria, while Viettel Semiconductor Center designed and implemented the chip. Based on the open RISC-V instruction set architecture, the underlying platform enables Vietnamese engineers to modify processor designs and reuse established verification processes for future chip generations.

VGC v1.0 has already seen initial deployment in secure USB storage devices for Party, government and defence agencies. Planned applications include supporting Vietnam’s national digital signature certification system, which has more than two million digital certificates in circulation. Other potential uses span financial data protection, connected cameras and sensors, and critical infrastructure systems in electricity, water, oil and gas, and telecommunications. Products intended to protect state secrets would require further testing and certification under applicable standards.

“Researching, designing and developing secure semiconductor chips is a formidable challenge, requiring years of accumulated expertise, technological capabilities and highly skilled talent. Yet we believe that starting later does not mean accepting dependence on others. With the right strategy, focused resources and sustained commitment, we can steadily close the gap and move towards mastering technologies of strategic importance to our country,” said Lieutenant General Tao Duc Thang, Chairman and CEO of Viettel Group.

At the launch, the Vietnam’s Government Cipher Committee and Viettel Group signed an agreement covering plans for volume production, multicore security chips, specialist workforce development and testing on real devices. Viettel is also building a semiconductor fabrication plant in Hoa Lac as part of broader efforts to develop domestic capabilities across chip design, manufacturing and packaging.

Beyond the initial chip, the initiative establishes a foundation for future generations of security hardware, supporting Vietnam’s long-term efforts to reduce technological dependence and strengthen control over critical digital technologies.

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SOURCE Viettel Group

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