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The next ‘China’ is still China – a better China: Global Times editorial

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BEIJING, March 11, 2025 /PRNewswire/ — Recently, several mainstream international media outlets have expressed admiration for China’s technological progress. For example, Bloomberg said the AI boom sparked by DeepSeek has injected “new energy” into the two sessions; CNN focused on China’s upcoming establishment of a national venture capital guidance fund to “support technological innovation”; and the BBC discussed China’s cultivation of tech talent by featuring stories such as an 8-year-old boy in Beijing playing chess against AI and the introduction of general AI courses in Beijing’s primary and secondary schools. Nikkei Asia reported that by 2025, China’s mature chip production capacity will account for about 28 percent of the global market. Increasingly, the global consensus on China’s development is that the next “China” is still China – a better China.

For the “explosive” technological breakthroughs, foreign media have been asking, “How did China manage to do it?” Chinese technological development is not achieved overnight. It results from long-term strategic planning and precise policies at the national level, a strong societal atmosphere that respects knowledge and champions innovation, the innovative practices of countless companies increasing their R&D investments, and the dedicated spirit of generations of professionals willing to “sit on the sidelines.” The “spectacular rise” China is experiencing in the eyes of the international media is not a brief firework display but a story of bursting from the accumulated strength. As China’s economic, technological, and overall national power continues to grow, this “innovation forest” will only flourish further.

China’s comprehensive industrial system provides a solid foundation for technological innovation, while its enormous market of more than 1.4 billion people serves both as a “stress test” for technological iteration and a “value amplifier” for innovation. The multidimensional improvement in population quality and talent pipelines, combined with strong support from national policies, capital, and infrastructure, has together forged the robust core of a “high-quality development China.” For example, the swift and efficient deployment of AI applications in China relies heavily on strong investments in 5G networks, cloud computing, and big data centers. China’s infrastructure is like a high-speed expressway that enables innovation to accelerate more quickly and steadily. Similarly, the achievements stemming from the innovative practices of private enterprises benefit from the positive interaction between various levels of government and businesses. As Xiaomi CEO Lei Jun said during his interview at the two sessions “deputies’ passage,” “I feel deeply the care and support from the Central Committee of the Communist Party of China for private enterprises, and this has greatly boosted our confidence.”

In the recently approved 2025 Government Work Report at the two sessions, “high quality” is a keyword that has been repeatedly emphasized. The report explicitly states that “high quality development” is the “top priority” to be focused on, and we need to place equal emphasis on winning through quality and economic scale.

It sets high quality requirements in various specific fields, such as “advancing the high quality development of high standard cropland,” “accelerating high quality development of key industrial chains in the manufacturing sector,” and “moving faster to build a high quality education system.” At the same time, high quality is also defined as the means to achieve policy goals, for example, “to encourage local governments to foster new sources of revenue in pursuing high quality development,” and “to steer and generate demand through high quality supply.” This year will continue to promote the “AI+” initiative, consumer electronics, and other products, demonstrating China’s determination and action in “steering demand through high quality supply.”

From the accumulation of quantity to the advancement of quality, along with the value-driven leap in China’s development logic, a China marked by “high quality” is injecting more confidence into the world.

The global tech community has been amazed by DeepSeek, the Xiaomi SU7 Ultra prototype has made a dazzling debut on the Nürburgring Nordschleife, Black Myth: Wukong has opened new doors for China’s AAA gaming industry on the international stage, and Ne Zha 2 continues to make waves in the global cinema market.

Beyond these well-known success stories, high quality development has permeated all aspects of China’s industries and daily life. In Fujian’s Zhangzhou pineapple farms, precision flowering control technology has boosted yields per mu by 2,000 jin (1,000 kg). At Shougang’s cold-rolled galvanized steel production line, the agile arms of the slag-scooping robot have made the risks of manual labor a thing of the past, enhancing worker safety and happiness. And when visiting the Great Wall, ordering a drone-delivered coffee has become a reality, showcasing the everyday benefits of China’s booming low-altitude economy.

The executive vice president of Siemens stated that the next “China” is still China, but it will be a “different” China. This “difference” refers to a “better China” that is firmly advancing on the path of high quality development. The deeper driving force behind China’s high quality development lies in the organic integration of “independent innovation” and “opening-up and inclusiveness.”

The Chang’e-6 mission, carrying international payloads, provides a broad platform for global scientific collaboration. The China-Brazil Earth Resources Satellite helps safeguard the ecology of the Amazon rainforest. DeepSeek’s open-source technology approach has accelerated the widespread adoption of AI globally, earning it the reputation of being a true “OpenAI.”

A “better China” is promoting the creation of a broader innovation community based on principles of inclusivity and shared benefits, offering development opportunities to the world.

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SOURCE Global Times

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Yon Raz-Fridman Joins Intrinsic Labs as Co-Founder and Partner

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Most AI companies are selling software. Intrinsic is deploying AI workers into the core operations of mid-market companies – and just brought in a serial tech entrepreneur to help the firm scale across the Heartland.

COLUMBUS, Ohio, April 30, 2026 /PRNewswire/ — Intrinsic Labs today announced that Yon Raz-Fridman has joined the firm as a Co-Founder and Partner.

Raz-Fridman has spent nearly two decades building across software, hardware, and platform businesses. Early in his career, he served as Chief of Staff to the President of Keter Group, a $1 billion-plus global consumer products manufacturer. He went on to co-found Kano, the award-winning educational computing company, and later founded Supersocial, the immersive gaming studio acquired by Super League Enterprises in 2025. He is a member of the World Economic Forum’s Technology Convergence Council.

He joins Intrinsic at a moment when mid-market companies are moving from AI experimentation to deployment. Intrinsic works with operators in logistics, construction, insurance, manufacturing, and industrial markets to deploy AI workers into the workflows that run the business – increasing throughput, reducing manual work, and expanding capacity without adding headcount.

The firm has built its reputation on practical deployments tied to real operating metrics. In one engagement with a national real estate brokerage, Intrinsic’s AI Accounting Agents reached 97% invoice coding accuracy, automated 90% of the AP workflow, and fully removed FTEs from the review flow.

“Yon understands what it takes to build and scale in the real world,” said Jon Slemp, Managing Partner at Intrinsic Labs. “Our clients aren’t buying flashy agents, they’re buying outcomes and reliable labor. They need agentic systems that take work off their teams, perform reliably, and produce measurable gains in throughput and capacity. That’s what we build.”

As Co-Founder, Raz-Fridman will oversee Intrinsic’s expansion – designing the channel relationships, institutional partnerships, and market positioning that take the firm from a proven Ohio model to the defining AI workforce platform for America’s industrial middle market.

“The companies that win over the next decade will be the ones that figure out how to staff AI into their operations and manage it like a workforce. Intrinsic is doing that work now, inside real businesses, tied to real outputs. The Heartland is exactly the right place to prove this model, and Intrinsic is exactly the right team to do it.” — Yon Raz-Fridman

About Intrinsic Labs LLC
Intrinsic Labs helps mid-market companies deploy AI workers into the workflows that run their business. The firm focuses on logistics, construction, insurance, manufacturing, and industrial markets, where manual work, fragmented systems, and labor constraints create clear opportunities for leverage. Intrinsic works with clients to put AI workers into production, tie them to operating KPIs, and help teams scale output without scaling headcount. https://www.intrinsic-labs.ai/  

About Team Yon LLC
Team Yon LLC is a management company founded by Yon Raz-Fridman that incubates new ventures, provides executive leadership, and makes strategic investments at the intersection of emerging technology and human advancement. Through Team Yon LLC, Raz-Fridman partners with founders and operators across healthcare, AI, and frontier technology – including his role as co-founder and Partner at Intrinsic Labs. https://teamyon.org

Media Contact:hello@intrinsic-labs.ai

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SOURCE Team Yon LLC

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Wipfli to complete CompliancePoint transaction and add associates, expanding capabilities

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MILWAUKEE, April 30, 2026 /PRNewswire/ — Wipfli, a top 25 national advisory and accounting firm, announced today it has entered into an agreement with CompliancePoint Inc., a provider of risk management services focused on information security, data privacy and regulatory compliance. 2 partners and 52 associates will join the firm as a result of the transaction.

Based in Duluth, Georgia, CompliancePoint brings specialization across cybersecurity, privacy and compliance, serving clients across a wide variety of industries. The addition strengthens Wipfli’s risk management offerings and expands its ability to help organizations navigate regulatory scrutiny, evolving cybersecurity threats and complex data protection requirements.

“Organizations today are under more pressure than ever to protect sensitive information and operate responsibly in an evolving regulatory environment,” said Kurt Gresens, CEO at Wipfli Advisory, LLC. “The team at CompliancePoint brings specialized experience and a strong, people-first approach that enhances how we support clients navigating today’s risk landscape.”

CompliancePoint has built its reputation on helping organizations manage risk across the full data lifecycle, with a holistic approach that recognizes how privacy, security and compliance intersect. The combined professional teams from CompliancePoint and Wipfli will deliver expanded, integrated advisory solutions designed to help clients proactively manage risk while supporting long-term growth and operational resilience.

“Wipfli shares our commitment to practical, client-focused solutions and long-term relationships,” said Greg Sparrow, CompliancePoint president. “Together, we’re expanding the resources available to our clients while continuing to deliver the specialized experience and trusted relationships they rely on.”

The addition of the CompliancePoint team also supports Wipfli’s continued investment in talent and innovation. CompliancePoint associates will join a national firm that emphasizes collaboration, professional development and meaningful client impact, while maintaining the specialized focus that has defined their work.

The transaction is expected to become effective on May 1st, 2026

About Wipfli

Wipfli is a leading national advisory and accounting firm with nearly 100 years of experience serving ambitious middle-market organizations. We understand our clients’ unique challenges and help them succeed on their terms through assurance, tax, advisory, outsourcing and technology services. With 3,000+ associates and global alliances, we combine national capabilities with local relationships. Wipfli operates under an alternative practice structure: Wipfli LLP, a licensed CPA firm, provides attest services, while Wipfli Advisory LLC, a non-CPA firm, delivers business advisory and non-attest services. Learn more at wipfli.com or contact Alicia O’Connell at alicia.oconnell@wipfli.com.

Media Contact

Alicia O’Connell
Wipfli
alicia.oconnell@wipfli.com

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SOURCE Wipfli

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Ginkgo Bioworks Announces Date of First Quarter 2026 Results Presentation

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Presentation and Q&A session scheduled for post-market on Thursday, May 7, 2026

BOSTON, April 30, 2026 /PRNewswire/ — Ginkgo Bioworks Holdings, Inc. (NYSE: DNA, “Ginkgo”) today announced that it plans to host a presentation and Q&A session reviewing business performance for the first quarter ended March 31, 2026, on Thursday, May 7, 2026, beginning at 4:30 p.m. ET.

The presentation details and webcast link will be available on Ginkgo’s investor relations website at https://investors.ginkgobioworks.com, and a replay will be made available.

To ask a question ahead of the presentation, please submit them to @Ginkgo on X (hashtag #GinkgoResults) or by sending an e-mail to investors@ginkgobioworks.com.

About Ginkgo Bioworks
Ginkgo Bioworks builds the tools that make biology easier to engineer for everyone. The company offers autonomous laboratories that replace manual laboratory work with robotics in the lab, greatly improving the productivity of scientists. Ginkgo’s in-house autonomous lab is also available as a “cloud lab” through our Datapoints and Solutions contract research services. For more information, visit ginkgobioworks.com and ginkgobiosecurity.com, read our blog, or follow us on social media channels such as X (@Ginkgo and @Ginkgo_Biosec), Instagram (@GinkgoBioworks), Threads (@GinkgoBioworks), or LinkedIn.

Ginkgo Bioworks Contacts:

INVESTOR CONTACT:

investors@ginkgobioworks.com 

MEDIA CONTACT:

press@ginkgobioworks.com

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SOURCE Ginkgo Bioworks

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