Connect with us

Technology

Canada Invests in Critical Minerals Sector at the Organisation for Economic Co-operation and Development Conference on Mining in Sudbury

Published

2 years ago

on

SUDBURY, ON, Oct. 9, 2024 /CNW/ – Critical minerals are not just the building blocks of clean technology like solar panels and electric vehicle batteries — they are a key ingredient for creating middle-class jobs and growing a strong, globally competitive Canadian economy. As demand for critical minerals around the world continues to surge with the increased adoption of clean technologies, Canadian workers and businesses have a generational opportunity to be global leaders and suppliers of critical minerals.

Today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced over $5.1 million in funding for 16 projects in the critical minerals sector, as part of the Canadian Critical Minerals Strategy (CCMS), to position Canada as the reliable supplier of choice the world is looking for. This funding is provided through two key programs to increase the supply of responsibly sourced critical minerals and support the development of domestic and global value chains for the green and digital economy. This investment includes:

Critical Minerals Geoscience Data Initiative (CMGD): over $4.1 million is provided to support 10 projects to enhance access to important data and generate new insights on the geological potential of critical mineral sources.Global Partnerships Initiative (GPI): close to $1 million is provided to support six projects that will reinforce Canada’s growing number of bilateral commitments and engagements in the critical minerals space.

Across Canada, clean energy solutions are providing enormous economic opportunity. The critical minerals sector is already highly valuable to the Canadian economy. In 2022, the minerals and metals sector directly employed 420,000 people and contributed $109 billion to Canada’s total gross domestic product (GDP). Since 2020, automotive and battery manufacturers have announced investments of over $40 billion in electric vehicle production and the battery supply chain. With government support and demand for critical minerals expected to double by 2024, these sectors will only grow. Today’s investments will help deliver jobs and economic opportunities for communities and businesses across the country. 

Quote

“Critical minerals are a generational economic opportunity for Canada. From exploration and extraction to advanced manufacturing to processing and recycling, we are making investments across the value chain. This second call for proposals will support Canadian innovators to drive economic growth and job creation in communities right across Canada.”

The Honourable Jonathan Wilkinson
Minister of Energy and Natural Resources

Quick Facts

Budget 2022 provided $3.8 billion over eight years to implement the Canadian Critical Minerals Strategy. The funding covers a range of industrial activities, from geoscience and exploration to mineral processing, manufacturing and recycling applications.The Canadian Critical Minerals Strategy is part of Canada’s strengthened climate plan, 2030 Emissions Reduction Plan: Clean Air, Strong Economy, which advances Canada’s goals of reducing greenhouse gas emissions by 40 to 45 percent below 2005 levels by 2030 and reaching net-zero emissions by 2050.Funding for these projects comes from the $79.2 million in Budget 2021 allocated to the CMGD initiative to enhance the quality and availability of data and digital technologies to accelerate the responsible development of Canadian critical minerals resources and the $70 million allocated for the GPI in Budget 2022 to advance Canada’s global leadership on critical minerals under Canada’s Critical Minerals Strategy.The CMGD initiative includes $10 million in contribution funding for the provinces and territories to enhance access to important data and generate new insights on the geological potential of critical mineral sources. By harnessing the power of geoscience and data, we will pave the way for the responsible growth of industries that rely on these minerals, from technology and energy to defence and infrastructure.Through multilateral engagements, Canada is pursuing collective action on critical minerals to support the global transition to green energy and more-resilient supply chains. Canada currently produces 60 minerals and metals at 200 mines and 6,500 sand, gravel and stone quarries across the country.Canada is home to almost half of the world’s publicly listed mining and mineral exploration companies, with a presence in more than 100 countries and a combined market capitalization of $520 billion.

Related Product

Backgrounder: Government of Canada Supports Clean Growth Through Major Investments in Critical Minerals Sector

On October 9, 2024, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced over $5.1 million in funding for 16 projects in the critical minerals sector as part of the Canadian Critical Minerals Strategy (CCMS). Funding has been made available across two programs: the Critical Minerals Geoscience Data Initiative and the Global Partnerships Initiative.

Critical Minerals Geoscience Data (CMGD) Initiative
The CMGD initiative aims to strengthen Canadian critical minerals supply chains and support sustainable development of six priority minerals that are essential to key industries and national security (e.g., batteries, energy, defence, infrastructure). The CMGD initiative provides funding to advance the availability of valuable data and insights on the location, quality and economic feasibility of critical minerals resources.

The CMGD initiative is dedicated to unlocking the sustainable development of Canada’s critical minerals resources by providing essential knowledge and data to support informed decision-making. This is achieved through funding initiatives that help advance the availability of valuable data and insights on the location, quality and economic feasibility of critical minerals resources. By harnessing the power of geoscience and data, we are paving the way for the responsible growth of industries reliant on these minerals, from technology and energy to defence and infrastructure. Over $4.1 million is provided under the CMGD to support the following ten projects:

Analysis of Archived Till Samples for Lithium and Other Critical Elements in Southwestern and West-Central New Brunswick
Recipient: New Brunswick Geological Survey
Funding from CMGD: $108,300
Project Summary: This project will measure lithium and other critical minerals in sediments deposited by glaciers to examine the soil (till) landscape of New Brunswick. By making these data public, this project will contribute to public geoscience and may increase the attractiveness of the province for new exploration investment.

Extreme Fractionation of Late Silurian–Early Devonian Peralkaline Intrusions in the Northern Appalachians: Evaluation of HREE-Y resource petrogenesis
Recipient: New Brunswick Geological Survey
Funding from CMGD: $155,000
Project Summary: This project will investigate the spatial and temporal relationships between different types of rare earth elements deposits and their surrounding terranes by mapping the deposits and using high-precision geochemistry methods to calculate the ages of different components of deposits to understand how they form.

Critical Metal Potential of the Selwyn Sedimentary Basin: Primary and Secondary Geological and Geochemical Controls on Zinc and Vanadium Enrichment in Black Shales 
Recipient: Government of Northwest TerritoriesFunding from CMGD: $399,797
Project Summary: This project seeks to identify the factors that lead to enrichment of zinc and vanadium in the Selwyn Basin and to develop an improved mineral system model for zinc and vanadium mineralization in black shales.

Evaluating Drainage Sediments for Carbonatite-Hosted Critical Indicator Minerals
Recipient: British Columbia Geological Survey
Funding from CMGD: $495,000
Project Summary: This project aims to reduce the risk and cost of critical mineral exploration in B.C. by evaluating the potential for minerals collected from streams draining economically viable deposits of niobium, rare earth elements and other critical minerals to be used as “indicator minerals.”

Rare-Metals Pegmatites of the Slave Geological Province: A petrogenic re-examination with exploration implications
Recipient: Government of Northwest Territories
Funding from CMGD: $497,925
Project Summary: This project will de-risk investment decisions and increase Canada’s competitiveness with new, public geoscience data on critical minerals in the Slave Geological Province, N.W.T., to enable researchers and explorationists to model the formation and critical mineral potential in this area.

Geoscience Data Repository (Data Lake) for the Canadian Cordillera
Recipient: British Columbia Geological Survey
Funding from CMGD: $500,000
Project Summary: This project will develop a new database historical data held by the BC Geological Survey and the Yukon Geological Survey to enable mineral potential modelling of critical mineral-bearing systems and improve our understanding of the critical mineral potential across these jurisdictions.

Assessment Report-Sources Drillhole Database
Recipient: British Columbia Geological Survey
Funding from CMGD: $500,000
Project Summary: This project will support critical mineral potential modelling and exploration across B.C. with a new, province-wide drillhole database by digitizing information from mineral exploration and mining industry assessment reports.

Intrusive History of the Cordilleran Orogen
Recipient: British Columbia Geological Survey
Funding from CMGD: $483,300
Project Summary: This project will triple the amount of modern, high-precision age data available to the public for certain rocks associated with critical minerals and enable better modelling of critical mineral potential of these intrusive rocks in B.C.

Airborne Geophysical Survey to Target Rare Earth Mineralization in Southeastern Labrador
Recipient: Geological Survey of Newfoundland and Labrador
Funding from CMGD: $500,000
Project Summary: This project will provide public geoscience data to develop improved models for rare earth elements deposit formation, reduce risk for public- and private-sector investment decisions and facilitate decision-making for the exploration and sustainable development of mineral resources.

Nain Plutonic Suite Airborne Geophysics
Recipient: Geological Survey of Newfoundland and Labrador
Funding from CMGD: $500,000
Project Summary: This project will generate new public geoscience data that will enhance our understanding of the geologic evolution of Northern Labrador and its potential to host critical minerals (e.g., cobalt, copper, nickel, rare earth elements).

Global Partnerships Initiative (GPI)
As global demand for critical minerals increases, Canada continues to support value-added economic opportunities with like-minded partners and enhance its international leadership in critical minerals, including through a growing number of bilateral commitments and engagements without compromising its ability to deliver on domestically focused initiatives and priorities. The GPI is a key mechanism under the CCMS through which Canada provides this support for initiatives to advance Canada’s global leadership on critical minerals under the CCMS. Close to $1 million is provided under the GPI to support the following six projects:

Enabling Canadian Critical Mineral Supply Chain Transparency and Traceability at Scale
Recipient: Quartech Systems Ltd.
Funding from GPI: $55,000
Project Summary: In collaboration with British Columbia’s Ministry of Energy, Mines and Low Carbon Innovation, this project will enhance the interoperability of a commercial-stage application of open-source technology to enable critical minerals supply chain traceability and create meaningful global climate action and environmental protection.

Uranium Traceability and ESG Labeling in Value Chains
Recipient: Aisimpro Inc.
Funding from GPI: $123,750
Project Summary: This project aims to develop and implement a blockchain powered system for critical mineral traceability and environmental, social and governance (ESG) measures in mining, with a specific focus on the uranium value chain. 

Mimosi-One: Online Regulatory Sandbox for Promoting Adoption of Digital Traceability and Transparency Platforms in the Critical Minerals Sector
Recipient: Peer Ledger Inc.
Funding from GPI: $165,300 
Project Summary: This project will offer an online regulatory technology sandbox to support up to 20 critical sector companies and their supply chains to deploy digital circular value chains. 

Transparent Canadian Battery Supply Chain GHG and ESG Performance
Recipient: Optel Group (Optel Vision Inc.)
Funding from GPI: $165,300
Project Summary: This project will establish the preliminary greenhouse gases and ESG performance of a Canadian nickel-manganese-cobalt battery supply chain in a transparent and traceable manner. 

Enhancing Supply Chain Traceability With Digital TSM Credentials
Recipient: Northern Block Inc
Funding from GPI: $165,300
Project Summary: This project seeks to transform the Canadian critical minerals industry by improving the availability and value of Towards Sustainable Mining (TSM) data, utilizing Northern Block’s critical-mineral–focused technology solutions in partnership with the Mining Association of Canada. It aims to streamline and digitize the reporting process, convert reports into secure digital credentials, support ESG standards and facilitate informed decision-making in various sectors.

Disbursement of Voluntary Contribution to International Energy Association Critical Minerals Working Party 
Recipient: International Energy Association
Funding from GPI: $325,000
Project Summary: Under the IEA Standing Group on Long-Term Cooperation, a Critical Minerals Working Party (CMWP) was set up to guide the development of a critical minerals program of work, which will lead to concrete proposals at the IEA Ministerial in February 2024. Within the CMWP, and in alignment with Canada’s Critical Mineral Strategy, a key focus is on improving the performance of international critical mineral supply chains in terms of ESG standards and metrics.

Associated Links

Canadian Critical Minerals StrategyCanada’s strengthened climate plan, 2030 Emissions Reduction Plan: Clean Air, Strong EconomyMinister Wilkinson Releases Canada’s $3.8-billion Critical Minerals Strategy to Seize Generational Opportunity for Clean, Inclusive GrowthPrograms and funding for critical minerals projectsStrategic Innovation FundCritical Minerals Geoscience and Data InitiativeCritical Minerals Research, Development and Demonstration ProgramA healthy environment and a healthy economy

Follow us on LinkedIn

SOURCE Natural Resources Canada

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Think Bold, Ride Bold: Insta360 Takes Over the Champs-Élysées with 200-Rider Community Event

Published

2 hours ago

on

July 26, 2026

By

LOS ANGELES, July 26, 2026 /PRNewswire/ — Insta360 announced “Vibrez en Jaune” Pop-Up, a three-day cycling and creator event held in Paris from July 24 to July 26, 2026. Designed to coincide with the electric atmosphere of the Tour de France finale, the event culminated in a 200-rider takeover of the Parisian streets, bringing the spirit of professional cycling to everyday enthusiasts and urban explorers.

Built around the theme ‘Think Bold, Ride Bold,’ “Vibrez en Jaune” Pop-Up featured immersive pop-up experiences, hands-on creator workshops, and a sprawling group ride traversing the iconic 90km classic route from Versailles to the Champs-Élysées. The festival served as a celebration of cycling not just as a competitive sport, but as a vehicle for exploration, storytelling, and community connection.

A Festival of Content and Culture

The event kicked off on July 24 with a two-day hub of activity in the heart of Paris. Moving away from traditional retail experiences, Insta360 hosted a series of “Cycle & Create” workshops designed to lower the barrier to content creation.

Attendees gained access to on-site trial devices, allowing them to test out Insta360’s unique product ecosystem firsthand. Insta360 product experts were on hand to teach advanced cycling photography and videography techniques, ensuring riders knew exactly how to capture dynamic, hands-free POV footage of their urban commutes and weekend group rides.

The pop-up also served as a central gathering space for the community. Registered riders connected over coffee, collected their limited-edition Insta360 yellow cycling jerseys, and prepared for the weekend’s main event.

The Hero Moment: Taking Over the Streets of Paris

On Sunday, July 26, over 200 riders embarked on the “Vibrez en Jaune” Pop-Up main event. Organized in partnership with the Peloton Cycling Club, the group rode a 90km route inspired by the Tour de France Paris finale.

Beginning in Versailles, the group rode through the Paris city center before arriving at the Champs-Élysées. To ensure safety and an optimal experience, riders were organized into small, supervised packs of 20 to 25 across four distinct difficulty tiers—Spicy, Medium-Plus, Medium, and Mild—making the professional route accessible to a wide range of skill levels.

Select riders were equipped with Insta360 cameras to record immersive, first-person footage of the group as they navigated the historic streets, creating a collaborative, community-driven documentary of the ride.

Celebrating the Finish Line

The ride concluded at the Insta360 pop-up space for a vibrant after-party. As the actual Tour de France final stage was broadcast live on a giant screen, participants were treated to a professional DJ, refreshments, and finger food.

To reward the community, Insta360 hosted a drawing featuring premium cycling accessory bundles and high-value grand prizes, including the Insta360 GO Ultra Tadej Pogačar Edition and an exclusive jersey signed by the cycling champion himself.

Redefining Urban Exploration

Beyond the celebration of the sport, “Vibrez en Jaune” Pop-Up highlights the brand’s ongoing commitment to sustainable urban lifestyles. By encouraging people to rediscover their cities by bike, Insta360 aims to promote cycling as an accessible, low-carbon choice that allows individuals to experience urban life in a more mindful, connected way.

About Insta360

With a “Think bold” mindset, Insta360 empowers people to capture and share their lives in extraordinary ways. Recognized as a market leader and innovator, Insta360’s vast lineup includes the world’s best-selling 360 cameras in the X Series, the thumb-sized GO Series for everyday capture, as well as an extensive range of action cameras, gimbals, webcams, and professional photography solutions. With intuitive, AI-powered software, Insta360 simplifies the creative process, allowing users to focus on storytelling without technical barriers. Insta360 is dedicated to helping a new generation of athletes, creatives, travelers and professionals bring their ideas to life.

For more details visit: http://www.insta360.com

About the Think Bold Fund: https://www.insta360.com/ThinkBoldFund
Read our blog: https://www.insta360.com/blog
Follow us on Facebook: https://www.facebook.com/Insta360
Follow us on X: https://x.com/insta360
Follow us on Instagram: http://www.instagram.com/insta360
Follow us on TikTok: http://tiktok.com/@insta360_official
Follow us on LinkedIn: https://www.linkedin.com/company/insta360
Subscribe to our YouTube Channel: http://www.youtube.com/insta360

Press Contact
Insta360
pr@insta360.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/think-bold-ride-bold-insta360-takes-over-the-champs-elysees-with-200-rider-community-event-302833050.html

SOURCE Insta360

Continue Reading

Technology

New ProEssentials v11: Native WinUI Charting Library, 100M Points in 15ms, Following Microsoft’s Vision for True Native Swap-Chain Rendering

Published

6 hours ago

on

July 26, 2026

By

30 years of evolution in native C++ rendering that bypasses the managed XAML layer entirely and renders straight on the GPU via Direct3D compute shaders, in native x64 and ARM64, ready for Microsoft’s Windows on Arm and Copilot+ PCs. A fresh pass of 100M new data points renders to screen in ~65ms. The same engine powers WinUI, WPF, WinForms, MFC, and C++ from one codebase, with .NET 10 — built for real-time scientific, engineering, and financial data.

DALLAS, July 26, 2026 /PRNewswire/ — Gigasoft has released ProEssentials v11, bringing its 30-year native C++ charting engine to WinUI. Every other WinUI chart today renders through managed XAML — ProEssentials renders directly to a Direct3D composition swap chain, the native path Microsoft built WinUI around. The result: 100 million data points re-rendered in roughly 15ms, a fully fresh 100M-point frame on screen in about 65ms.

v11 also ships a native ARM64 engine, ProEssentials runs native on Microsoft’s Windows on Arm and Copilot+ PCs. .NET 10 arrives across the WinUI, WPF, and WinForms interfaces, with Direct3D compute shaders doing the heavy lifting on every architecture. A side-by-side native WinUI chart performance comparison against the major vendors is published on gigasoft.com.

The engine underneath is the same native C++ core Gigasoft has refined since 1993 — deliberately kept native behind a thin .NET wrapper, never rewritten in managed code. One engine drives WinUI, WPF, WinForms, MFC, and C++, so a chart moves between frameworks by changing the control type, not the charting code. Don’t take the numbers on faith — clone the open-source 100M-point WinUI demo and benchmark it on your own hardware.

“ProEssentials is the undisputed heavyweight of Windows desktop charting. Version 11 brings its three-decade native C++ engine to WinUI 3, native ARM64, and .NET 10. We’re proud to ship the world’s first charting component to faithfully deliver on Microsoft’s goal for WinUI as the modern, native, performant interface — presenting directly through a composition swap chain instead of a managed XAML layer,” said Robert Dede, founder of Gigasoft.

ProEssentials is not only for shipping products. It is the tool engineers reach for on their own side projects — R&D experiments, rapid prototypes, proof-of-concept demos, test-and-measurement utilities, internal data analysis, and the one-off tools engineering firms are always building. Any company serious about engineering will find countless uses for it, and with v11’s AI charting code assistance many of those ideas become working applications in a few hours. Licensing is perpetual and royalty-free, generous for multi-developer teams — worth putting in front of your CTO, CIO, and Chief AI Officer. A no-hassle evaluation download is available at gigasoft.com.

Contact:
Robert Dede, BSEE, Founder
Gigasoft, Inc.
***@gigasoft.com

Photo(s):
https://www.prlog.org/13152577

Press release distributed by PRLog

View original content:https://www.prnewswire.com/news-releases/new-proessentials-v11-native-winui-charting-library-100m-points-in-15ms-following-microsofts-vision-for-true-native-swap-chain-rendering-302834721.html

SOURCE Gigasoft, Inc.

Continue Reading

Technology

Global Times: Here Come China’s ‘next new three’: AI, robotics and innovative drugs spearhead a new round of industrial upgrading

Published

6 hours ago

on

July 26, 2026

By

BEIJING, July 26, 2026 /PRNewswire/ — From four-legged inspection robots operating in European nuclear power plants to automatic coffee-making robotic arms serving travelers at airports and transit hubs around the globe and smart AI systems supporting local Chinese teaching in Thai schools, these varied overseas applications offer a vivid snapshot of how China’s “next new three” industries are expanding globally.

Labeled the “next new three,” AI, robotics and innovative drugs represent China’s new core strategic industries and fresh economic growth engines. Their rise marks a major upgrade in China’s industrial and export model. More importantly, this industrial shift is delivering open, inclusive and innovative solutions to support global industrial upgrading and shared development, experts said.

From ‘old three’ to ‘next new three’ 

For decades, China established its global manufacturing foothold by leveraging its labor-cost advantages, with apparel, furniture and home appliances becoming the iconic “old three” of Chinese exports.

In recent years, the export portfolio has undergone a remarkable green and tech transformation. Electric vehicles (EVs), lithium batteries and photovoltaic products, known as the “new three,” have become the backbone of China’s export growth.

Recent industry data demonstrates the strong growth potential of the “next new three” tech sectors: AI, robotics and innovative drugs.

Statistics from global AI platform OpenRouter show that domestic large models registered 36.11 trillion token calls in the week of July 13 to 19, a month-on-month increase of 30.93 percent, with growth sustained for eight straight weeks, according to the People’s Daily.

In the first half of the year, the country’s robotics exports reached 6.29 billion yuan ($929 million), covering 141 countries and regions with the exports of high-end surgical robots recording a striking 3.3-fold year-on-year increase. 

Meanwhile, China’s innovative pharmaceutical sector has gained strong global influence, with outbound technology licensing transactions hitting $110 billion in the first six months of the year. Chinese pharmaceutical companies accounted for eight of the world’s top 10 pharmaceutical licensing deals.

Wang Peng, a research fellow at the Beijing Academy of Social Sciences, told the Global Times on Sunday that the rise of the “next new three” represents China’s industrial shift from exporting manufacturing capacity to exporting high-end innovation.

Competition now centers on original research, core underlying technologies and related services rather than production volume and costs, Wang said.

He noted that these industries help Chinese businesses move up the value chain from assembly processing to research and development, technical services and standard-setting, strengthening China’s position in global industrial chains. 

Mirroring this trend, from January to May this year, China’s total services trade volume rose 6 percent year-on-year, while the services trade deficit narrowed by around 20 percent. Exports of knowledge-intensive services surged 12.2 percent, highlighting the continuous improvement of China’s services export competitiveness and the optimized structure of foreign trade, according to the People’s Daily.

While the “new three” underpin China’s foreign trade fundamentals, the “next new three” seize the commanding heights of future industries. Jointly, they shore up China’s long-term economic competitiveness and inject sustained impetus into high-quality growth, Wang said.

Inclusive technological progress

China’s high-quality exports of products and services have contributed to more inclusive technological progress to the global market, reflecting Chinese enterprises’ core strengths in independent technological research, business model innovation and the ability to integrate global resources, as well as China’s commitment to driving global development and benefiting humanity through technological openness.

Chinese startup DEEP Robotics told the Global Times that its quadruped robot intelligent inspection solution has been officially deployed at Switzerland’s Leibstadt Nuclear Power Plant, the largest and highest-output nuclear facility in the European country, providing a Chinese solution for the digital and intelligent upgrading of nuclear power operations and maintenance across Europe.

The quadruped robot can replace human workers to access high-risk areas, perform precise operations and conduct high-frequency regular autonomous inspections 24/7, fundamentally cutting safety risks for on-site maintenance staff. It can also move flexibly through narrow corridors and gaps between dense equipment, covering all key inspection points and significantly reducing monitoring blind spots that traditional inspection devices cannot reach, the firm said.

Chinese robotic firm DoBot told the Global Times that in the commercial services sector, coffee robots equipped with its Nova series collaborative robotic arms have been operating stably in more than 20 types of venues including airports, high-speed railway stations and shopping malls globally, with a track record of producing hundreds of thousands of cups without reported malfunctions.

Overseas landmark applications include unattended Coca-Cola beverage stations along the Mediterranean coast, mobile coffee kiosks in the United Arab Emirates that serve a drink within 45 seconds, and self-operated food trucks deployed in shopping malls in Singapore, the company said.

Chinese AI company iFLYTEK said that its AI-powered intelligent teaching system has helped expand Chinese language learning worldwide and supported the digital development of Chinese education in overseas markets. 

Since a Thai middle school adopted iFLYTEK’s AI-powered intelligent Chinese teaching system in 2025, the technology has acted as a supplementary teaching solution amid growing local demand for Chinese learning and a shortage of qualified language instructors. It has greatly expanded students’ practice opportunities: On average, learners now speak Chinese 12 times per session, compared with only twice in regular classes, Xie Fei, director of iFLYTEK’s Global Chinese Learning Platform, said on Sunday.

From industrial robots to boost production efficiency for local factories to AI algorithms that improve local smart ecosystems, China’s “next new three” allow countries at all development levels to access benefits from advanced technologies and narrow the global digital divide, Wang said.

By building a sound global industrial network and rolling out customized technology solutions tailored to local conditions, these technological exports help recipient countries nurture their own industrial capacities and climb up the value chain to move higher up the industrial value chain. In the long run, such efforts will drive the global industrial system toward greater diversification and more balanced development, Wang noted.

View original content:https://www.prnewswire.com/news-releases/global-times-here-come-chinas-next-new-three-ai-robotics-and-innovative-drugs-spearhead-a-new-round-of-industrial-upgrading-302834749.html

SOURCE Global Times

Continue Reading

Trending