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Global Times: Int’l guests discuss AI, climate change at World Science and Technology Development Forum in Beijing, contributing scientific solutions for global sustainable dev’t

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BEIJING, Oct. 24, 2024 /PRNewswire/ — Artificial intelligence (AI), climate change, smart manufacturing… The major concerns of the current international science and technology community were extensively discussed during the three-day World Science and Technology Development Forum (WSTDF) held from Tuesday to Thursday in Beijing. 

With the theme “Science and Technology for the Future,” the forum attracted more than 350 scientists from 33 countries and regions, including Nobel Prize laureates, officials, and representatives from the United Nations and other international organizations, to exchange insights on solutions for global sustainable development.

The forum was initiated by the China Association for Science and Technology (CAST) in 2019. That year, Chinese President Xi Jinping sent a congratulatory letter to the inaugural forum, expressing his hope that the forum would evolve into a platform that facilitates consensus-building, idea exchanges, and deepened cooperation among global scientists, educators and entrepreneurs, contributing to global development.

Chinese Vice Premier Ding Xuexiang on Wednesday met with a group of foreign scientists attending this year’s forum. Ding said that China will steadfastly advocate and practice open, fair, just and non-discriminatory international cooperation in the field of science and technology.

Deepened international exchange and cooperation, and the promotion of sustainable development through sci-tech innovation are urgently needed to address important global issues, and to meet the expectations of the global sci-tech community and people in all countries, Ding said.

“The more complex the international environment is, the more open China will be,” Ding said.

“Over the last five years, the forum has actively built a platform for civil technological exchanges and continuously helped expand international technological cooperation. This platform not only embodies the world’s shared vision for technological progress, but also carries the global common dream for the diversity of global civilizations and the sustainable development of humanity,” President of CAST Wan Gang, who is also the chairman of WSTDF 2024, said in his speech at the opening ceremony of the forum on Tuesday.

Looking into the future, we hope that everyone will continue to share insights and wisdom in the spirit of “working together for a common goal,” with a philosophy of win-win cooperation and open and inclusive mindset, contributing technological strength and solutions for global sustainable development, and jointly promoting the construction of a community of shared future for mankind, Wan noted.

Executive Vice Chairman of WSTDF 2024 and Executive President of CAST He Junke hosted the opening ceremony.

Innovative governance for AI

AI governance was one of the two major topics of global attendees at this year’s forum.

On the first day of the forum, a thematic session on “AI Governance Innovation: Building an International Trust Foundation for Cultivating the Ecology of Science and Technology Governance” was held to share the latest technological trends, industrial applications, and scenario expansions. The session also focused on technology governance, enhancing consensus and mutual trust, and promoting the formation of a collaborative effort for global AI governance.

The session coincided with newly heightened global attention on the regulation and ethical use of AI, reflecting the deep contemplation of various countries, regions, and international organizations on the balance between technological innovation and security.

In his speech, Wan urged the international science and technology community to prioritize research on AI-driven science. He emphasized the importance of leveraging AI to foster high-quality development and called for collaborative efforts to enhance the convergence and coordination of relevant laws, regulations, standards, and norms.

“Innovation drives development. The world is currently experiencing an unprecedented period of technological innovation. In particular, AI technologies, represented by large models, are advancing rapidly and leading a new round of technological revolution and industrial transformation. The WSTDF brings together experts and scholars from the fields of science, industry, and education to exchange ideas and build consensus. This is of great significance for promoting cooperation and sharing, as well as jointly advancing innovative development,” Wang Haifeng, chief technology officer of Baidu and head of the National Engineering Research Center of Deep Learning Technology and Application, told the Global Times.

The recent announcement of the 2024 Nobel Prizes marked a historical moment, as both awards in Physics and Chemistry were awarded to achievements related to AI, heralding the dawn of an AI-driven era in scientific discovery.

As AI continues to engage with and empower various industries, its intersection and integration with an increasing number of disciplines are poised to bring about transformative changes in scientific research paradigms. I believe that future Nobel Prizes will increasingly recognize contributions related to AI. This prestigious acknowledgment will draw greater attention and resources to the field, further accelerating the rapid advancement of AI technology. Ultimately, this progress will yield more sophisticated technologies that enhance human life and promote societal advancement, Wang noted.

Executive Vice President of the World Federation of Engineering Organizations Ashok Kumar Basa echoed Wang while emphasizing security management over AI technologies.

“The benefits of AI are innumerable. AI can drastically transform lifestyles. The life will be much easier. But what I am rather emphasizing is, when we are excited about the help from AI, let us not forget the danger it can pose with the example of a nuclear bomb. That’s a word of caution,” Basa told the Global Times.

Interdisciplinary cooperation for climate change

Jiao Nianzhi, an academician at the Chinese Academy of Sciences and chief scientist at the Global Ocean Negative Carbon Emissions (Global ONCE), introduced the indispensable role of oceans in regulating the Earth’s climate, and the Global ONCE program’s aim and prospects during a thematic session on Interdisciplinary Science-Based Solutions Towards Sustainable Development on Wednesday.

Covering 71 percent of the Earth’s surface and possessing a carbon reservoir nearly 50 times larger than the atmospheric carbon reservoir, oceans are crucial in mitigating global warming through carbon absorption and heat regulation. However, intensified human activities are putting unprecedented pressure on marine ecosystems, leading to issues such as ocean acidification and biodiversity loss, which directly affect the ocean’s carbon absorption capacity. Therefore, protecting and restoring the ocean’s negative emission capacity has become a critical direction in addressing climate change, according to Jiao.

Against this backdrop, the interdisciplinary integration of marine disciplines with others has become an inevitable trend. Cross-disciplinary research among marine science, environmental science, ecology, economics, engineering, and other fields can not only broaden and deepen our understanding of marine negative emission mechanisms, but also drive technological innovation, leading to more efficient and sustainable carbon reduction and carbon sequestration solutions. This interdisciplinary collaboration mode can not only foster the creation of new productive forces but also provide new ideas for global sustainable development.

Empowered by the idea of “interdisciplinary integration to create new productive forces,” the Global ONCE program aims to gather the wisdom of top scientists and engineers worldwide, leveraging the advantages of interdisciplinary integration to deeply explore the processes and mechanisms of ocean negative emissions and develop a comprehensive ocean negative emission solution based on Chinese practices, while aiming for global promotion. This solution will cover various aspects such as pollution reduction, carbon reduction, carbon sequestration, actively promoting the establishment and implementation of international standards, achieving international consensus, and striving for an international voice, seeking synergistic effects to provide powerful scientific and technological support for a global response to climate change, according to Jiao.

The Global ONCE program, launched by Jiao, is part of the UN Decade of Ocean Science for Sustainable Development (2021-30).

Addressing climate change and achieving global sustainable development are long-term and arduous tasks. The Global ONCE is not only a scientific exploration process, but also carries the expectations and responsibilities of all sectors of society for the protection of the shared future for mankind. I believe that through joint efforts, we will overcome many difficulties and jointly create a better, harmonious, and sustainable future, Jiao stressed.

International coordination for shared tomorrow

Since its establishment in 2019, the WSTDF has continuously played a positive role in promoting international technological exchanges and enhancing technological innovation capabilities.

In recent years, the unstable trade environment and escalating political tensions within the international community have hindered prospects for international technological cooperation. In this context, countries around the world must enhance open collaboration in science and technology. With its timing, the WSTDF 2024 is playing an active role in global governance, fostering international technological exchange and cooperation, and collectively addressing both opportunities and challenges. It offers valuable insights into current trends in technological development and exemplifies China’s commitment to an innovation-driven development strategy, as well as its vision of building a community of shared future for mankind, guests told the Global Times.

Director of the United Nations Educational, Scientific and Cultural Organization (UNESCO) Regional Office for East Asia Shahbaz Khan deemed that this year’s WSTDF could help promote science and technology for sustainable development, especially for the International Decade of Sciences for Sustainable Development (2024-33) proclamation the UN announced in August, while also promoting shared prosperity and people-to-people exchanges around the world.

As a leading country in science and technology, China has engaged in extensive exchanges and cooperation with numerous countries and international organizations, striving to ensure that technology benefits all of humanity and demonstrating an open and inclusive attitude along with a determination to tackle global challenges together.

These efforts help provide what is absolutely necessary to build a base for developing countries in the Global South to progress to the next level of development. UNESCO is very proud to partner with China, Khan told the Global Times.

The forum will further enhance the international community’s consensus on technological cooperation and promote the in-depth sustainable development of international technological cooperation. At this stage, it is especially important to help the international scientific and technological community better understand China’s concept of international scientific and technological cooperation. A China-hosted event like the WSTDF will further promote China’s “three global initiatives” and the concept of building a community of shared future for mankind, thereby forming a better atmosphere for international scientific and technological collaboration, Liang Huaixin, an expert in international relations from the University of International Business and Economics, told the Global Times.

https://www.globaltimes.cn/page/202410/1321791.shtml

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SOURCE Global Times

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With the Power of Light, Safeguarding Life in All Its Forms: State Grid’s Biodiversity Conservation Practices Draw Expert Attention at COP17

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YEREVAN, Armenia, Nov. 1, 2026 /PRNewswire/ — The 17th Conference of the Parties to the Convention on Biological Diversity (COP17) is underway in Yerevan, Armenia — the first global stocktake of the Kunming-Montreal Global Biodiversity Framework since its adoption. At the China Pavilion side event “Cross-Border Symbiosis: Diverse Narratives Inspire Biodiversity Action,” hosted by the Center for Environmental Education and Communications of the Ministry of Ecology and Environment (CEEC) on October 29 (local time), the Series of Reports on Biodiversity Conservation by Chinese Enterprises* was officially released, together with Coexistence of All Life – Shanghai Chapter: State Grid’s Biodiversity Conservation Practices in a Megacity*. With State Grid Corporation of China (“State Grid”) as a case study, the reports present a Chinese solution for power grids and nature thriving side by side.

The reports spotlight State Grid’s matrix of three public welfare brands. “Migratory Bird Lifeline” now covers 24 Chinese provinces and over 40 key migratory bird habitats. “Life Nests” has extended standardized management of artificial bird nests to plateau grasslands across six provincial-level regions. “Green Ark” delivers zero-carbon power to remote habitats through wind-solar-storage microgrids and has reached 17 national nature reserves across nine provinces. By embedding biodiversity requirements throughout grid construction and operation, and harnessing nature-based solutions to engage stakeholders, State Grid offers the world a replicable Chinese model for the long-term coexistence of infrastructure and biodiversity.

Case studies shared at the event revealed full-scenario coverage spanning plateaus, wetlands, coastal waters and megacities. In Anhui, “Migratory Bird Lifeline” created a flexible “prevent, protect, guide, renovate” approach, with a three-tier rescue channel that saved and released over 100 Oriental storks. In the Sanjiangyuan region of Qinghai Province, “Life Nests” has installed 6,053 artificial nests, recording more than 3,100 successful nestings and raising the number of bird species in the reserve from 61 to 111. In Jiangsu, “Green Ark” built a dual flagship spanning “land and water,” using zero-carbon power to monitor Yancheng’s milu deer and Zhenjiang’s Yangtze finless porpoise without disturbing them. In Shanghai, the Company wove biodiversity into every stage of megacity grid operations, building a multi-stakeholder network spanning government, research institutions, NGOs and the public — proof that urban energy security and life in all its forms can go hand in hand.

Experts hailed the practices. Tu Ruihe, Vice Chairman of the All-China Environment Federation and former UNEP Representative in China, called the report “high-caliber” — “a success story of turning bird deterrence into bird protection,” delivering production, development and conservation all at once. Li Penghui of the CEEC described the brands as “an innovative exploration of multi-stakeholder biodiversity governance.” Penildon Silva Filho, Vice President of the Federal University of Bahia and member of the Central Committee of Brazil’s Workers’ Party, said the practices show how developing countries can pair economic growth with nature. Michael Crook, founder and honorary chairman of the Jane Goodall Environmental and Cultural Exchange Center, called the three brands “far-reaching in value” and encouraged deeper cooperation among businesses, institutions and experts.

About State Grid Corporation of China

State Grid Corporation of China is a state-owned enterprise that builds and operates power grids, delivering safe, reliable and clean electricity while championing biodiversity conservation.

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SOURCE State Grid Corporation of China

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On the Sidelines of Gateway Gulf 2026: Mumtalakat and ARP Group partner to establish an AI native wholesale bank in Bahrain

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Proposed bank to support institutional clients with regional and international banking needs

MANAMA, Bahrain, Nov. 1, 2026 /PRNewswire/ — Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, and ARP Group have partnered to establish an AI-native and blockchain enabled wholesale bank headquartered in Bahrain. ARP Group is the holding company of ARP Global Capital and ARP Digital, the latter co-founded by Yusuf Alireza alongside Abdulla and Abdulaziz Kanoo. The venture has received in-principle approval from the Central Bank of Bahrain and will commence regulated activities only after obtaining final authorisation.

The partnership combines Mumtalakat’s long-term investment approach with ARP’s experience in institutional finance and digital financial infrastructure.

The proposed bank is intended to serve regulated financial institutions, payment companies and businesses with cross-border operations. It aims to simplify banking for clients whose needs span multiple markets and currencies, using technology to reduce the complexity and cost of serving them.

The bank is being designed to use artificial intelligence across its operations and offer programmable services that connect directly with clients’ systems through APIs, supported by appropriate human oversight, governance and risk controls. Products and services would be introduced in phases, informed by engagement with prospective clients.

His Excellency Shaikh Abdulla bin Khalifa Al Khalifa, Chief Executive Officer of Mumtalakat, said: “Financial services have long been a cornerstone of Bahrain’s economy, and as the sovereign wealth fund of the Kingdom, our role is to invest in opportunities that strengthen the sector’s competitiveness and support its continued evolution. Through this partnership, we are bringing together an experienced institutional team with Bahrain’s well-established regulatory and business environment, further reinforcing the Kingdom’s position as a leading regional financial hub.

“This investment reflects our commitment to creating long-term value for Bahrain by supporting strategic sectors, creating high-quality opportunities for Bahraini talent, and generating sustainable returns that contribute to the Kingdom’s economic growth and prosperity.”

Yusuf Alireza, Chairman of ARP Group, said: “Institutional clients with complex cross-border needs still face fragmented banking services. We see an opportunity to combine a regulated bank’s balance sheet and institutional relationships with blockchain enabled technology and AI designed into its operating model from the outset, making these clients more efficient to serve.

“Bahrain’s established financial sector and regulatory experience provide a strong foundation for this venture. Together with Mumtalakat, we aim to build a bank that supports clients across the Gulf and international markets.”

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The partial demerger of UPM-Kymmene Corporation has been registered; WISA Group Plc to be listed on Nasdaq Helsinki

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HELSINKI, Nov. 1, 2026 /PRNewswire/ — UPM-Kymmene Corporation Stock Exchange Release (Other information disclosed according to the rules of the exchange) October 31, 2026 at 9:00 EET

The partial demerger of UPM-Kymmene Corporation has been registered; WISA Group Plc to be listed on Nasdaq Helsinki

The completion of the partial demerger (“Demerger”) of UPM-Kymmene Corporation (“UPM”) has today October 31, 2026, been registered with the Finnish Trade Register. On April 29, 2026, UPM announced the approval of the demerger plan for the Demerger (the “Demerger Plan”). According to the Demerger Plan, all assets and liabilities of UPM relating to the UPM Plywood business area, or mainly serving the UPM Plywood business area, are transferred to WISA Group Plc (“WISA Group”), which will be established in the Demerger. 

In connection with the completion of the Demerger, Nasdaq Helsinki Ltd (“Nasdaq Helsinki”) has approved the listing application for the admission to trading of WISA Group’s shares on the regulated market of Nasdaq Helsinki. Trading in WISA Group’s shares will commence on November 2, 2026, under the trading code “WISA” (ISIN code: FI4000603345). Trading in UPM’s shares will continue on the regulated market of Nasdaq Helsinki. In connection with the completion of the Demerger, the new ISIN code for UPM’s shares will be FI4000603337 and the share trading code will continue to be “UPM”.

The new shares in WISA Group to be issued as demerger consideration will be registered in the book-entry accounts of UPM’s shareholders on or about November 2, 2026. Shareholders of UPM who receive demerger consideration shares can trade in WISA Group’s shares starting from November 2, 2026. The Demerger will have no impact on the number of shares in UPM.

In connection with the completion of the Demerger, the shareholders of UPM will receive as demerger consideration one new share in WISA Group for each share they own in UPM. No demerger consideration will be issued to the treasury shares in UPM’s possession.

UPM, Media relations
Mon-Fri 9:00–16:00 EET
tel. +358 40 588 3284
media@upm.com

UPM
UPM is a material solutions company, renewing products and entire value chains with an extensive portfolio of renewable fibres, advanced materials, decarbonization solutions, and communication papers. Our performance in sustainability has been recognized by third parties, including EcoVadis and the Dow Jones Sustainability Indices. We operate globally and employ approximately 15,100 people worldwide, with annual sales of approximately €9.7 billion. Our shares are listed on Nasdaq Helsinki Ltd.
UPM – we renew the everyday
Read more: upm.com 

Follow us on LinkedIn | YouTube | Instagram | #UPM #materialsolutions #WeRenewTheEveryday 

Important information
The distribution of this announcement may, in certain jurisdictions, be restricted by law. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy any shares in UPM or WISA in any jurisdiction. Any securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered, sold or delivered, directly or indirectly, in or into the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will be no public offering of securities in the United States. No securities referred to herein have been approved or disapproved by the U.S. Securities and Exchange Commission, any state securities commission or any other regulatory authority in the United States, nor have any of the foregoing authorities passed comment upon, or endorsed the merit of, the partial demerger of UPM or the accuracy or the adequacy of this announcement or the Finnish language demerger and listing prospectus (or the English language translation thereof) dated July 16, 2026 published by UPM, as supplemented on August 17, 2026, September 18, 2026, and October 28, 2026. Any representation to the contrary is a criminal offence in the United States.

Forward-looking statements

This announcement includes “forward-looking statements” that are based on present plans, estimates, projections and expectations and are not guarantees of future performance. Words such as “intend”, “assess”, “expect”, “may”, “plan”, “believe”, “estimate” and other expressions entailing indications or predictions of future developments or trends, not based on historical facts, constitute forward-looking information. They are based on certain expectations and assumptions, which, even though they seem to be reasonable at present, may turn out to be incorrect. Shareholders should not rely on these forward-looking statements. Numerous factors may cause the actual results of operations or financial condition of UPM or WISA Group to differ materially from those expressed or implied in the forward-looking statements. Neither UPM, WISA Group, nor any of their affiliates, advisors or representatives or any other person undertakes any obligation to review, confirm or to release publicly any updates or revisions to any forward-looking statements to reflect events that occur or circumstances that arise after the date of this release other than as required by applicable laws and regulations.

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