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In 75 years, China has become increasingly prominent in driving global development: Global Times editorial

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BEIJING, Sept. 29, 2024 /PRNewswire/ — The 75th anniversary of the founding of the People’s Republic of China is a momentous occasion, not only for the over 1.4 billion Chinese people but also with global significance and historical importance. 

Over these 75 years, the journey of Chinese modernization has profoundly transformed China and influenced the world, truly realizing that “our work will be written in the annals of human history.” 

This year also marks the 70th anniversary of the Five Principles of Peaceful Coexistence. Amid a changing international landscape, China has steadfastly maintained an independent and peaceful foreign policy, upholding international fairness and justice. As China increasingly approaches global center stage, it continues to make new and greater contributions to the cause of peace and development for humanity.

Seventy-five years ago, when this ancient nation in the East opened a new chapter in its history, the world was just beginning to recover from the devastation of two wars. From a struggling agricultural country, China has evolved into the world’s second-largest economy, the world’s leading manufacturing power, the top trader of goods, and the holder of the largest foreign exchange reserves. This historical elevation in national strength matches China’s significant contributions to global development. 

From 1979 to 2023, China’s average annual contribution to global economic growth reached 24.8 percent, with an average of over 30 percent from 2013 to 2023. For 12 consecutive years, China’s outbound direct investment in foreign countries has ranked among the top three globally, holding over 10 percent of the global share for eight years. China’s “new three items” – electric vehicles, lithium-ion batteries, and solar cells – are facilitating the globe to accelerate their green and low-carbon transitions, while its infrastructure projects span over 190 countries and regions worldwide. Today, averagely speaking, China engages in approximately 80 million yuan ($11.4 million) worth of trade with the world every minute, invests approximately 112 million yuan abroad every hour, and attracts about 3.377 billion yuan in foreign investment daily. The development of China is intricately linked with global progress, achieving mutual success, and driving the world toward greater progress and prosperity.

A great nation with over 5,000-year-old civilization stands majestically in the East, as over 1.4 billion people stride forward on the path to modernization. Such a vast scale itself is one of the main powerful driving forces for the progress of the entire world and human society. The practices of Chinese modernization teaches us that development is the key to solving all problems. China has proposed the Global Development Initiative to support the development and revitalization of countries in the Global South. By the end of 2023, China’s direct investment in countries participating in the Belt and Road Initiative had exceeded $300 billion. Chinese companies have built the first ultra-high voltage direct current transmission line in the Americas, the first electrified railway, the first digital mine, and numerous infrastructure and livelihood projects in Africa, making an indelible contribution to global infrastructure construction.

From “seek knowledge even if you have to go as far as China” to “seek peace even if you have to go as far as China,” peace is a valuable public good that China offers to a turbulent world. Over the past 75 years, China has never initiated any war or conflict and has never occupied an inch of another country’s territory. In the face of numerous international security challenges, China has proposed the Global Security Initiative. It has mediated the reconciliation between Saudi Arabia and Iran, facilitated a historic reconciliation among Palestinian factions, and promoted a political resolution to the crisis in Ukraine. Today, China has become the second-largest contributor to the UN regular budget, the second-largest contributor to peacekeeping operations, and the largest troop-contributing country among the permanent members of the UN Security Council. China has always been committed to promoting world peace and development.

To leave behind achievements worthy of being engraved in world history, a nation and its people must not only be judged by their material accomplishments but also by the amount of spiritual wealth they have contributed. The latter often holds more profound significance than the former. 

In today’s world, where the destinies of nations are closely intertwined, China has proposed the Global Civilization Initiative, advocating cultural exchanges that transcend estrangement, mutual learning that transcends clashes, and coexistence that transcends feelings of superiority. It addresses significant questions, such as how different civilizations can coexist and where human civilization is headed, offering Chinese wisdom and solutions to promote cultural exchanges and the advancement of human civilization.

Over the past 75 years, China has demonstrated an uncommon empathy in the political arena of major powers throughout human history. From proposing the Five Principles of Peaceful Coexistence, emphasizing equality and non-interference in other countries’ internal affairs, to the new era’s initiatives like jointly building the Belt and Road Initiative, building a community with a shared future for mankind, and the promotion of solidarity and cooperation among the Global South, China has advocated that the sovereignty of all countries are equal regardless of size on global arena while showing respect and support for the development of other countries. 

China has provided the worldview of “shared future” and the methodology of “jointly building and win-win cooperation” for all mankind. This is rare in the history of human civilization and is urgently needed in today’s world. 

The 75-year journey through challenges has underscored the invaluable role China plays in global peace, development and progress. The modernization China has promoted, which embodies justice, openness, mutual benefit, people-first policies, diversity, inclusiveness, eco-friendliness, and peace and security, will only become more significant and valuable to the world as time progresses.

View original content:https://www.prnewswire.com/news-releases/in-75-years-china-has-become-increasingly-prominent-in-driving-global-development-global-times-editorial-302261976.html

SOURCE Global Times

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Banking Labs Inc Joins the ServiceNow Consulting and Implementation Partner Program to accelerate digital transformation and improve operational resilience

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October 13, 2024

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This partnership will enable Banking Labs, with deep banking and technology expertise, to drive digital transformation success through the ServiceNow platform in banks

DALLAS, Oct. 13, 2024 /PRNewswire-PRWeb/ — Banking Labs Inc., today announced it has joined the ServiceNow Consulting and Implementation Partner Program to help North American banks accelerate their AI-powered transformation with delivery of measurable value-based success. The partnership enables Banking Labs to utilize its deep banking expertise and implementation knowledge to help customers accelerate digital transformation through the ServiceNow platform.

“Our AI-powered intelligence, strategy and innovative platforms accelerating banks to attain competitive advantage and growth,” said Dr. Ravi Gedela, CEO of Banking Labs.

The ServiceNow Partner Program recognizes and rewards partners for their varied expertise and experience to drive opportunities, reach new markets, and help joint customers transform businesses across the enterprise.

Banking Labs, an AI-powered financial intelligence company, provides strategic consulting and delivers innovative, transformative and sustainable Banking Solutions for the changing Financial Services marketplace. We differentiate in measuring contribution to client’s success by business growth, cost transformation, and operational efficiency improvement.

With our deep banking knowledge, exceptional data, cloud engineering, and Artificial Intelligence (AI) and Machine learning capabilities, this partnership will enable Banking Labs to bring best-in-class implementations of the ServiceNow platform to the financial services industry. By adopting ServiceNow, banks will be positioned to help clients better align their financial and operational realities with their long-term goals and priorities.

“Across North America, banks strive to continue and deepen the digital transformation to embrace AI to sustain growth, and to collaborate and integrate with external SaaS services, to accelerate delivery excellence and to drive more value creation with best customer experience,” said Dr. Ravi Gedela, Banking Labs CEO. “This partnership marks a significant milestone in our journey to deliver top-notch digital transformation solutions for banks. With the ServiceNow platform and our expertise, we are in a better position to help banks streamline their operations, enhance customer experiences, and drive innovation.

Consulting and Implementation partners leverage industry or domain expertise to guide customers on how to introduce and utilize ServiceNow solutions to help their businesses grow and succeed. Partners use ServiceNow resources to influence deals, track technology deployments, and drive adoption of new solutions.

About Banking Labs Inc

Banking Labs, AI powered financial intelligence company, offers innovative products and strategy and advisory services in banking domain and technologies. Our strategic partnerships with our clients allow us to produce business outcomes that automate, accelerate and derisk real-time financial transactions using our platform and strategic consulting. Banking Labs is actively engaged by CXO offices in the areas finance transformation, regulatory & compliance, Payments, channels, fraud, and risk management. To learn more, visit http://www.bankinglabs.com

ServiceNow, the ServiceNow logo, Now, Now Platform, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries.

Use of Forward-Looking Statements

This press release contains “forward looking statements” about the expectations, beliefs, plans, intentions and strategies relating to the market opportunity and growth of the Now Platform. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make. We undertake no obligation, and do not intend, to update the forward-looking statements. Factors that may cause actual results to differ materially from those in any forward-looking statements include, among other things, any changes to the partner program and unexpected delays, difficulties and expenses in achieving market growth and/or opportunity. Further information on factors that could affect our financial and other results is included in the filings we make with the Securities and Exchange Commission from time to time.

Contact Information

Cassie M, Corporate Communications

Banking Labs Inc

connect@bankinglabs.com

+647 551 8989

Media Contact

Cassie M, Banking Labs Inc, 1 647 551 8989, connect@bankinglabs.com, www.bankinglabs.com

View original content:https://www.prweb.com/releases/banking-labs-inc-joins-the-servicenow-consulting-and-implementation-partner-program-to-accelerate-digital-transformation-and-improve-operational-resilience-302274338.html

SOURCE Banking Labs Inc

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Gate Ventures, Movement Labs, and Boon Ventures Launch $20M Fund to Accelerate Web3 Innovation

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4 hours ago

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October 13, 2024

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SAN FRANCISCO, Oct. 13, 2024 /PRNewswire/ — Gate Ventures, a global venture capital firm specializing in blockchain; Movement Labs, a leader in Move-based blockchain technology; and Boon Ventures, a prominent investor in emerging tech startups, today announced the establishment of a groundbreaking $20 million fund designed to transform the Web3 space. This strategic alliance will invest in cutting-edge projects and accelerate the development of Move-based blockchain technologies.

The fund will concentrate on four key areas:

Accelerating the adoption of Move-based blockchain solutionsEnhancing security and performance in decentralized networksSupporting projects that bridge Move and EVM ecosystemsDriving innovation in Web3 infrastructure and applications

“This $20 million fund marks a significant milestone in our mission to drive forward-thinking solutions in the Web3 ecosystem,” said Kevin Yang, Managing Partner at Gate Ventures. “By collaborating with Movement Labs and other visionary projects, we’re paving the way for the future of decentralized technology.”

Rushi Manche, Co-Founder of Movement Labs added, “This $20 million fund is a game-changer for the Move ecosystem. It’s a powerful validation of what we’re building at Movement Labs. Move’s capabilities in security and scalability are setting new standards in Web3. This fund will specifically be used to support builders building the future of secure decentralized finance, fully on-chain gaming and consumer, as well as decentralized physical infrastructure efforts.”

Teerus Boon-Long, CEO of Boon Ventures said, “This is the beginning of a great journey forward in the Web3 space. It’s not aimed at short-term goals but at building a promising future for a decentralized society.”

The partnership leverages the unique strengths of each entity:

Gate Ventures brings extensive resources, a global network, and deep experience in Web3 investments, enabling strategic partnerships and growth opportunities.Movement Labs offers profound expertise in Move-based blockchain technology, infrastructure and ecosystem building.Boon Ventures has a successful track record of empowering innovative startups across multiple sectors through funding, mentorship, and strategic guidance.

To help achieve its goals, the fund will implement several key initiatives:

Organize global hackathons to stimulate innovation in Move-based technologies and attract top talent.Establish a mentorship program connecting industry veterans with promising Web3 startups to provide guidance and expertise.Create a research grant program to advance blockchain interoperability solutions, fostering cross-ecosystem collaboration.Host quarterly thought leadership summits to address pressing challenges in the Web3 space and drive collective progress.

As the fund deploys its $20 million, the partners are committed to fostering innovation and driving the Web3 space forward. They will provide updates on investments, collaborations, and leading-edge technologies that will define the future of Web3, blockchain, and decentralized applications.

About Gate Ventures
Gate Ventures is the venture capital arm of  Gate.io, one of the world’s largest and most trusted cryptocurrency exchanges, specializing in early-stage investments in blockchain technology and digital assets. Our mission is to drive innovation and foster growth across the global blockchain ecosystem. By collaborating with industry leaders worldwide, we support visionary teams and startups that have the potential to reshape social and financial interactions. As a long-term investor, we are committed to offering comprehensive support to our portfolio companies, from product development and operational scaling to global expansion. Follow Gate Ventures on X for more updates.

About Movement Labs
Movement Labs develops the Movement Network, an ecosystem of Modular Move-Based Blockchains. The company is creating the first Move Virtual Machine L2 for Ethereum, along with open-source tools to promote Move adoption across blockchains. Their platform enables developers to launch high-performance Move VM rollups easily, bridging Move and EVM ecosystems. Backed by $38 million in Series A funding, Movement Labs is advancing Move-based technologies and blockchain interoperability in Web3. Follow Movement Labs on X and on Discord for updates.Movement Labs is on a mission to create a global community of Move builders, working together to increase the security, performance, and user experience of building in decentralized networks.

About Boon Ventures
Boon Ventures is a single-family office spun out of the Boon-Long family, one of the longest-established families in Thailand, in 2015. Since then, it has served as the alternative investment and advisory arm of the Boon-Long family. Boon Ventures is an independent, fast-moving organization with a strong network and partnerships both in Thailand and globally, driven by a mission to foster innovative change, long-term growth, and sustainable value.

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

Photo – https://mma.prnewswire.com/media/2529336/Movement__Gate__Boon__1.jpg

View original content:https://www.prnewswire.co.uk/news-releases/gate-ventures-movement-labs-and-boon-ventures-launch-20m-fund-to-accelerate-web3-innovation-302274524.html

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Here TV Announces the Return of Guys Like You for a Hilarious and Heartfelt Season Two

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14 hours ago

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October 13, 2024

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Guys Like You returns for a captivating second season, continuing to explore Derek’s hilarious and heartfelt journey through the ups and downs of modern dating. Packed with comedy, drama, and relatable moments, the new season dives deeper into Derek’s search for love while keeping viewers entertained with its signature charm and chaos.

LOS ANGELES, Oct. 12, 2024 /PRNewswire-PRWeb/ — Here TV, the premier destination for LGBTQ+ content, proudly announces the return of Guys Like You for an exciting second season, which premiered on October 4, 2024. The series continues to follow the turbulent, funny, and undeniably messy dating life of Derek as he encounters a host of quirky, lovable, and sometimes questionable characters in his quest for love and self-discovery.

“This season really dives deeper into Derek’s journey, with even more outrageous encounters that will have viewers both laughing and feeling deeply,” said David Millbern, Head of Content for Here TV.

With its relatable depiction of the highs and lows of dating in today’s world, Guys Like You balances drama, comedy, and a whole lot of heat, offering audiences moments of laughter, heartbreak, and everything in between. Fans can expect to be entertained, challenged, and touched by the realness of Derek’s chaotic yet hopeful love life.

“This season really dives deeper into Derek’s journey, with even more outrageous encounters that will have viewers both laughing and feeling deeply,” said David Millbern, Head of Content for Here TV. “It’s a perfect blend of heart and humor, and we can’t wait for fans to experience what we have in store.”

“Working on this show has been a rollercoaster in the best way,” added producer Trystan Colburn. “Season two brings a new level of depth to Derek’s character while keeping the fun, chaotic energy the audience loves.”

Season two of Guys Like You continues the network’s legacy of delivering groundbreaking, diverse, and engaging content for the LGBTQ+ community and beyond.

About HERE TV

HERE TV is an Emmy Award-winning TV network dedicated to broadcasting LGBTQ+ content from around the world. With a comprehensive and diverse catalog of films, documentaries, and series, HERE TV provides a platform for a multitude of voices and stories within the LGBTQ+ community, driving inclusion and representation on-screen. HERE TV is available as a premium channel on all cable systems and IPTV platforms such as Xfinity, Charter, Amazon, Verizon, Apple, Roku, Google, and here.tv.

For press inquiries, please contact:

Scott Dearborn

scott.dearborn@heremedia.com

310-433-5741

Media Contact

Scott Dearborn, Here Media, 1 310-433-5741, scott.dearborn@heremedia.com, https://www.heremedia.com/

View original content to download multimedia:https://www.prweb.com/releases/here-tv-announces-the-return-of-guys-like-you-for-a-hilarious-and-heartfelt-season-two-302273695.html

SOURCE Here TV

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