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Global Times: White paper outlines China’s rural road devt, achievements in new era

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BEIJING, Dec. 2, 2024 /PRNewswire/ — China’s State Council Information Office on Friday released a white paper titled “China’s Rural Roads in the New Era” to outline the achievements and vision of rural road development in the new era and to share China’s experience.

In terms of general achievement, the white paper said that by the end of 2023, the total length of rural roads reached 4.6 million kilometers, an increase of 21.7 percent over 2013, enough to circle the equator 115 times.

So far, the country has put in place a rural transport infrastructure network in which county roads connect rural and urban areas, township roads crisscross, and village roads facilitate travel between households and farmland, the white paper said.

Paved roads totaled 4.22 million kilometers and accounted for 91.8 percent of total rural roads, representing an increase of 27.2 percentage points over the past decade. The white paper also highlighted increasing accessibility in rural areas, citing the statistic that paved roads have been built in about 30,000 towns and townships and over 500,000 administrative villages.

Since 2014, more than 1.4 million km of rural roads have been built or upgraded in previously poor areas, all towns, townships and administrative villages where conditions allow had been connected to paved roads by 2019, and all such villages had been connected to bus services by 2020, the white paper noted.

Experts said that China’s achievements in rural roads and poverty reduction highlight the country’s people-centered development philosophy. Meanwhile, China has actively shared its experience with other developing countries and helped them improve their infrastructure, making significant contributions to sustainable development on a global scale.

People-centered approaches

China’s people-centered approaches were highlighted in the white paper, with the word “people” appearing more than 50 times in the 39-page English version of the white paper.

Better transport has cleared bottlenecks that had long held back economic and social development in poor areas, and has laid a solid foundation for rural people to realize moderate prosperity in all respects, it said.

Li Guoxiang, a researcher from the Rural Development Institute, Chinese Academy of Social Sciences, said that rural road construction is one of the most outstanding achievements of the government in the development of rural areas, and it is one of the measures that farmers are the most satisfied with.

He said that rural roads have played an irreplaceable role in solving overall poverty in some parts of China. After the construction of unimpeded rural roads, the connection between rural areas and the outside world, and the endogenous driving force of rural development will continue to increase, otherwise, most of the government’s poverty alleviation measures will be no more than short-term relief.

“To get rich, build roads first”, this is the truth recognized by the central government and farmers, said Su Wei, a professor from the Party School of the CPC Chongqing Municipal Committee.

Road building is a basic, guiding and backbone project for poverty alleviation. Without rural roads, it would have been difficult for China to achieve its goal of eliminating extreme poverty, said Su.

In addition to poverty alleviation, Su said road building is also a prerequisite for rural revitalization and integrated urban-rural development.

According to Su, the accessibility of rural roads is one of the most important factors for rural people to get out of isolation and move toward modernization. With the development of the transportation network, various materials, information and funds can enter the countryside more smoothly, and farmers can also have more access to better education, medical care and other social resources, which plays a basic role in their integration into modern society.

In advancing rural revitalization across the board, the government continues to integrate rural roads into the overall economic development of rural areas, by supporting modernization of rural industries, boosting rural tourism and making efficient use of distinctive resources in rural areas, according to the white paper.

According to the white paper, the steady development of transport facilities in rural areas has attracted more capital, projects and talent to the countryside, creating more job opportunities and broadening the avenues for income growth.

China has built paved roads in rural tourist destinations, industrial parks, sources of resources and minerals, and other points of economic growth, which has made travel in remote areas and particularly in mountainous areas more convenient, reads the document.

In May this year, Chinese President Xi Jinping called for unremitting efforts to upgrade rural roads to facilitate rural development. He ordered that rural roads be built well, managed well, maintained well and used well. For this reason, these roads have become known as “Four-Wells Rural Roads.”

Currently, rural road construction projects provide work for about 80,000 people, enabling an annual average per capita income increase of around 8,500 yuan (about $1,182.57), the white paper noted.

Rural road management and maintenance provide about 850,000 jobs, offering an annual average per capita income of approximately 13,000 yuan, it said.

Shared experience

The white paper also noted that China has shared its development experience and helped construct rural road infrastructure in other developing countries over the years, contributing substantially to poverty reduction, people’s wellbeing and sustainable global development.

These efforts include providing technical standards for highway engineering suited to different national conditions. China’s highway standards have been applied in hundreds of projects in dozens of countries around the world, including Indonesia’s Surabaya-Madura Bridge Project and Mozambique’s Maputo-Katembe Bridge Project, according to the white paper.

China has also played an active role in building new platforms and mechanisms for global transport cooperation and in promoting knowledge and experience sharing. For instance, it has established the Global Sustainable Transport Innovation and Knowledge Center as a platform for cooperation and exchanges and for sharing China’s experience in rural road development with the international community, the white paper said.

China has also shared its experience through international training sessions. The country has held 28 such sessions, including a program on road design and management in Botswana, and an advanced training program on highway engineering for countries participating in the Belt and Road Initiative, the white paper said.

Additionally, China has also provided aid and assistance to several rural road infrastructure projects in other developing countries. Since 2018, China has supported 24 developing countries including Cambodia, Serbia, Rwanda, Namibia, Vanuatu and Niger in highway and bridge construction and maintenance, helping them improve their transport infrastructure, according to the white paper.

“What makes China’s approach special is that we have taken rural road construction as a prerequisite for poverty alleviation and rural development,” said Li, “and this exemplary role and successful experience was seen by other developing countries.”

China’s ability in building and maintaining roads in areas with complex terrain is even stronger than those of some developed countries, Li said, noting that China’s concept of community with a shared future for mankind makes it generous in helping other developing countries to step out of poverty by using China’s experience.

Su said China’s ability to mobilize all kinds of resources at the grassroots level may be its unique advantage, but China’s concept of putting people first and forming synergy between the government and the market is something other developing countries can learn from.

View original content:https://www.prnewswire.com/news-releases/global-times-white-paper-outlines-chinas-rural-road-devt-achievements-in-new-era-302319535.html

SOURCE Global Times

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Broadridge Announces Strategic Investment in CENTRL to Enhance Due Diligence and RFP Solutions for Asset Management and Retirement Industry

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NEW YORK and LONDON, April 20, 2026 /PRNewswire/ — Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, today announced a strategic partnership and minority investment in CENTRL, a leading provider of AI-powered due diligence solutions for financial institutions. The partnership enhances Broadridge’s data and analytics solutions for the asset management and retirement advisory industries with leading due diligence technology and expands its AI-enabled capabilities, helping modernize counterparty due diligence and RFP processes through data-driven, innovative technology.

“This partnership represents an important step in expanding our AI-enabled capabilities and delivering greater value for clients across our platform,” said Dan Cwenar, President, Data-Driven Fund Solutions at Broadridge. “By combining Broadridge’s deep industry relationships and data assets with CENTRL’s purpose-built AI technology, we are helping clients modernize due diligence and RFP response workflows, improve operational efficiency and better manage risk, and accumulate more assets.”

The financial services industry continues to face increasing regulatory scrutiny, fragmented counterparty oversight processes and a growing volume of manual and duplicative due diligence requests. By integrating Broadridge’s trusted data and market infrastructure capabilities with CENTRL’s AI-driven due diligence platform, firms can reduce manual touchpoints, eliminate redundant data gathering, improve accuracy and consistency, and strengthen regulatory audit trails.

“Broadridge is a trusted partner to many of the world’s leading financial institutions,” said Sanjeev Dheer, Founder and Chief Executive Officer of CENTRL. “Together, we are bringing AI-driven intelligent automation to some of the industry’s most complex and resource-intensive processes. By embedding AI directly into due diligence, research, and DDQ/RFP response and communication workflows, we can help firms move from manual, fragmented processes to streamlined, data-driven operations.”

Through the partnership, Broadridge will integrate CENTRL’s AI-powered workflow and automation capabilities across solutions serving asset managers, retirement recordkeepers, and retirement advisors. The collaboration includes modernizing Broadridge’s Fi360 RFP Director, embedding Broadridge data into CENTRL’s workflows, and expanding access to AI-driven tools that automate due diligence, RFP responses, and counterparty oversight processes.

Broadridge’s data and analytics business is focused on transforming complex data into actionable insights across the asset management lifecycle—from distribution and investor behavior to operational performance. The integration of CENTRL’s AI-powered due diligence capabilities extends this strategy, connecting data, workflows and automation to help clients streamline counterparty oversight and RFP processes. Together, Broadridge and CENTRL deliver a more unified, data-driven solution that improves efficiency, enhances decision-making and supports asset managers in scaling their businesses.

Additionally, Broadridge clients will now have access to CENTRL’s leading due diligence management and response platforms, including deeper integration with Broadridge’s leading distribution data and analytics, enabling asset managers to improve and scale due diligence, fund and counterparty oversight, and RFP response workflows.

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

Our technology and operations platforms process and generate over 7 billion communications annually and underpin the daily average trading of over $15 trillion in tokenized and traditional securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 15,000 associates in 21 countries.

For more information, visit www.broadridge.com.

About CENTRL
CENTRL is a Silicon Valley-based technology firm offering an AI-powered Diligence and Response platform for the financial services industry. CENTRL helps Asset Allocators, Asset Managers, Banks, and Service providers automate their diligence, research, and DDQ/RFP response processes with a domain-specific AI platform. CENTRL’s clients include 8 of the top 30 global banks and leading Asset Allocators and Asset Managers across the Americas, Europe, the UK, and Australia.

Media contacts:

Linda Namias
Linda.namias@broadridge.com
631-254-7711

Alice Stephens
Astephens@centrl.ai
414-403-1172

 

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SOURCE Broadridge Financial Solutions, Inc.

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HONEYWELL TO SELL PRODUCTIVITY SOLUTIONS AND SERVICES BUSINESS TO BRADY CORPORATION

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Accelerates portfolio simplification as Honeywell prepares for the planned spin-off of its Aerospace business, on track for Q3 2026

CHARLOTTE, N.C., April 20, 2026 /PRNewswire/ — Honeywell (Nasdaq: HON) today announced that it has agreed to sell its Productivity Solutions and Services (“PSS”) business to Brady Corporation, an international manufacturer of identification and protection solutions, for $1.4 billion in an all-cash transaction. The transaction is expected to be completed in the second half of 2026 and is subject to regulatory approvals and customary closing conditions.

The transaction follows the review of strategic alternatives Honeywell commenced in July 2025 for PSS and its Warehouse and Workflow Solutions (“WWS”) business to further simplify the company’s portfolio alongside the planned spin-off of its Aerospace business, which is expected to be complete in the third quarter of 2026. Honeywell remains actively engaged in its assessment of strategic alternatives for WWS, which operates commercially under the brand names Intelligrated and Transnorm.

“With the PSS divestiture, we are nearing completion of our multi-year portfolio transformation, further accelerating value creation as we prepare to separate our Aerospace and Automation businesses into two independent industry leading public companies. The sale also enables us to continue strengthening our financial and operational focus on the company’s core businesses,” said Vimal Kapur, Chairman and CEO of Honeywell.

“Going forward, PSS will benefit from Brady’s highly complementary and specialized leadership in industrial identification and safety, creating a broader, more integrated offering for warehouse, logistics and manufacturing customers,” Kapur added.

With 2025 revenue of approximately $1.1 billion, PSS is a leading provider of mobile computers, barcode scanners and printing solutions serving the warehouse and logistics market. PSS is currently part of Honeywell’s Industrial Automation (IA) business portfolio.

Brady Corporation (NYSE: BRC) is an international manufacturer and marketer of high-performance labels, signs, safety devices and printing systems for industries that include electronics, manufacturing and aerospace. Brady provides products that enhance safety, security and productivity. The acquisition of PSS will help build Brady’s capabilities in data capture, mobile computing and workflow automation, increasing its portfolio serving industrial and logistics customers, while creating a more integrated, end‑to‑end productivity and safety platform.

This announcement follows the divestiture of Honeywell’s Personal Protective Equipment (PPE) business in 2024 and the spin-off of its Advanced Materials business as Solstice Advanced Materials (Nasdaq: SOLS) in October 2025. It also builds on the prior strategic actions Honeywell has taken to drive organic growth and optimize its portfolio, including announcing approximately $14 billion of accretive and synergistic acquisitions since 2023: Compressor Controls Corporation, SCADAfence, the Access Solutions business from Carrier Global, Civitanavi Systems, CAES Systems, the LNG business from Air Products, Sundyne, Li-ion Tamer and Johnson Matthey’s Catalyst Technologies Business.

Centerview Partners is serving as financial advisor to Honeywell. Kirkland & Ellis LLP,  Baker McKenzie and Womble Bond Dickinson are providing external legal counsel.

About Honeywell 
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world’s toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

Forward Looking Statement
We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including statements related to the proposed separation of Honeywell from Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. Forward-looking statements are those that address activities, events, or developments that we or our management intend, expect, project, believe, or anticipate will or may occur in the future. They are based on management’s assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control, including Honeywell’s current expectations, estimates, and projections regarding the proposed separation of Honeywell from Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. They are not guarantees of future performance, and actual results, developments, and business decisions may differ significantly from those envisaged by our forward-looking statements, including the proposed separation of Honeywell from Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses, and the anticipated benefits of each. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, including ongoing conflicts in the Middle East, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K, and our other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.

Contacts:

Media         

Investor Relations

Stacey Jones           

Mark Macaluso

(980) 378-6258         

(704) 627-6118

Stacey.Jones@honeywell.com          

mark.macaluso@honeywell.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/honeywell-to-sell-productivity-solutions-and-services-business-to-brady-corporation-302747018.html

SOURCE Honeywell

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Identiv Expands ID-Safe NFC Tag Portfolio to Enable Secure Product Authentication, Tamper Detection, and Traceability

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Expanded portfolio of tamper-evident and tamper-proof NFC tags enables companies to verify authenticity, detect interference, and maintain product integrity across the lifecycle.

SANTA ANA, Calif., April 20, 2026 /PRNewswire/ — Identiv, Inc. (NASDAQ: INVE), a global leader in RFID- and BLE-enabled Internet of Things (IoT) solutions, today announced the expansion of its ID-Safe product family, a portfolio of advanced HF and NFC tags designed to support product authentication, tamper detection, and secure traceability across pharmaceutical, healthcare, retail, food and beverage, electronics, and smart packaging applications.

As companies work to address rising counterfeiting, diversion, and product fraud, there is growing demand for solutions that can verify product authenticity, confirm package integrity, and provide visibility across the product lifecycle.

Identiv’s ID-Safe portfolio addresses these challenges by combining NFC-based product identity with advanced tamper detection and secure authentication. By embedding secure NFC technology directly into tags, ID-Safe transforms product labeling into a digital trust layer – enabling companies to confirm that a product is genuine, verify that it has not been opened or altered, and enable secure digital interaction using standard NFC-enabled smartphones or readers.

“Trust in physical products can’t be assumed anymore – it has to be verified. ID-Safe brings together secure NFC-based identity, tamper detection, and tamper-proof design to enable companies to confirm authenticity and product integrity at any point in the lifecycle, anywhere those interactions occur,” said Andreas Walsner, Global Vice President Sales, Identiv. “It allows organizations to detect interference, prevent fraud, and establish trusted product identity anywhere it matters – from manufacturing through distribution to the point of use – while supporting secure, scalable deployment across real-world operations.”

A trusted, tamper-proof tag portfolio

The ID-Safe portfolio includes a range of NFC tag configurations designed to support diverse applications across pharmaceutical, healthcare, retail, food and beverage, electronics, and smart packaging environments. These include tamper-evident NFC labels that detect and record package opening events, as well as tamper-proof tags with destructible antennas that prevent removal, reuse or product refilling. Select configurations support encrypted authentication using high-security NFC chips, enabling protection against cloning and advanced counterfeiting.

Each ID-Safe tag is encoded with a unique identity and can be linked to cloud-based systems, creating a digital twin of the product. Throughout manufacturing, logistics, and distribution, stakeholders can scan the tag to confirm authenticity and verify that the product remains unopened. Once a package is opened or tampered with, the tag registers an irreversible state change – such as a broken antenna or altered electrical signal – clearly indicating that the product has been compromised.

The ID-Safe product family is designed to help organizations address critical product security challenges, including counterfeiting, gray market diversion, warranty and returns abuse, and product refilling and resale fraud. By making product authenticity and integrity verifiable in real time, ID-Safe helps protect brand value, improve recall and compliance processes, and strengthen trust across the supply chain and with end users.

The products are already deployed in an award-winning NFC-based anti-counterfeiting smart packaging solution for luxury wine producers and collectors, developed in collaboration with ZATAP and Genuine-Analytics.

The ID-Safe portfolio includes multiple configurations with options for different chip types, memory capacities, and form factors.

“Companies can’t afford uncertainty when it comes to product authenticity and integrity. ID-Safe provides a practical way to verify products, detect tampering, and prevent fraud – including refilling, diversion, and unauthorized resale – while enabling secure interaction throughout the product lifecycle. It’s a critical step toward making physical products more secure, traceable, and trusted,” concluded Walsner.

For more information about Identiv’s ID-Safe product family or other IoT solutions, please visit our Product Finder or contact sales@identiv.com

About Identiv
Identiv’s RFID- and BLE-enabled IoT solutions create digital identities for physical objects, enhancing global connectivity for businesses, people, and the planet. Its solutions, integrated into over 2.0 billion applications worldwide, drive innovation across healthcare, logistics, consumer electronics, luxury goods, smart packaging, and more. For additional information, visit identiv.com | Follow us on LinkedIn @Identiv

Media Contact:
Samantha Bryton
samantha@griffin360.com

View original content:https://www.prnewswire.com/news-releases/identiv-expands-id-safe-nfc-tag-portfolio-to-enable-secure-product-authentication-tamper-detection-and-traceability-302746374.html

SOURCE Identiv

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