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How Cangzhou Is Gaining From Beijing-Tianjin-Hebei Integration

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CANGZHOU, China, June 29, 2026 /PRNewswire/ — A news report from Xinhuanet: 

Cangzhou, a coastal city in Hebei Province, China, is turning the Beijing-Tianjin-Hebei coordinated development strategy into concrete gains in industry, transport and public services, local authorities said.

Located in southeastern Hebei along the Bohai Sea and the Grand Canal, Cangzhou is known for martial arts, acrobatics, canal culture and the thousand-year-old Iron Lion that gave it the nickname “Lion City.” The city is now positioning itself as a node in regional integration, linking resources from Beijing and Tianjin with Hebei’s coastal logistics and manufacturing base.

Since 2023, Cangzhou has signed agreements on 170 projects involving Beijing and Tianjin partners, with total planned investment of 68.4 billion yuan, according to a local government briefing. The city has also attracted 50 second- and third-tier subsidiaries of centrally administered state-owned enterprises, making it a destination for industrial resources from the two municipalities.

One of the clearest examples is biomedicine. The Beijing-Tianjin-Hebei Cangzhou Biomedicine Industrial Park has attracted 70 companies. Three pharmaceutical formulation projects, including one involving Beijing Yimin, have been completed, marking a breakthrough in Cangzhou’s efforts to receive pharmaceutical production capacity from Beijing.

The industrial shift is also reshaping the city’s innovation network. Cangzhou has signed cooperation agreements with universities and research institutes in Beijing and Tianjin, including Tsinghua University, and has supported platforms such as the Hebei branch of the National Beidou Navigation Location Service Data Center and the Yanzhao Green Chemical Laboratory. Since 2023, the city has recorded more than 20 billion yuan in technology-contract transactions from Beijing and Tianjin, local authorities said.

Those industrial links are being reinforced by transport and logistics. Cangzhou has opened direct high-speed rail service with Shijiazhuang, while several railway and expressway projects are under construction or being advanced as part of broader regional connectivity efforts. The city is also using Huanghua Port to support logistics links with Xiong’an New Area.

Cangzhou is promoting a cross-regional customs and logistics model under which goods would be declared, inspected and released in Xiong’an before being exported by sea through Huanghua Port. Officials describe the effort as part of Cangzhou’s work to support Xiong’an’s access to maritime logistics.

Regional integration is also reaching public services. Cangzhou has established 27 Beijing-Tianjin-Hebei medical alliances, while 57 local medical institutions have joined arrangements for mutual recognition of medical test results. It has also expanded cross-regional medical settlement and labor-service cooperation. In elderly care, the city said it has attracted 24,700 elderly residents from Beijing, Tianjin and nearby provinces.

Cangzhou also reported gains in environmental protection and tourism. According to local authorities, the city’s air quality composite index in 2025 fell by 15.14 percent from 2023, while average PM2.5 concentration dropped by 11.47 percent and the number of good-air days increased by 51. Centralized drinking-water sources met Grade III or better standards, and eight rivers flowing into the sea met water-quality targets.

Tourism has benefited from closer regional links and Cangzhou’s cultural resources. Drawing on the Grand Canal, martial arts, acrobatics, intangible cultural heritage and its “Lion City” identity, the city received about 57.3 million domestic tourist visits in 2025, generating 60.94 billion yuan in tourism spending, according to the local government briefing.

In 2026, Cangzhou plans to sign at least 50 new projects involving Beijing and Tianjin partners, with more than 10 billion yuan in planned investment. It will focus on biomedicine, hydrogen energy, apparel, the low-altitude economy, transport connectivity and cooperation with Xiong’an, aiming to deepen its role as an industrial, logistics and public-service link in the Beijing-Tianjin-Hebei region.

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SOURCE Xinhuanet

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Howard Hughes Holdings Set to Join S&P SmallCap 600

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Howard Hughes Holdings Inc. (NYSE: HHH) will replace Arcosa Inc. (NYSE: ACA) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, October 28. S&P 500 constituent CRH plc (NYSE: CRH) has acquired Arcosa in a deal that closed today, October 23.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name  

Action

Company Name

Ticker

GICS Sector

October 28, 2026

S&P SmallCap 600

Addition

Howard Hughes Holdings

HHH

Real Estate

October 28, 2026

S&P SmallCap 600

Deletion

Arcosa

ACA

Industrials

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/. 

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

View original content:https://www.prnewswire.com/news-releases/howard-hughes-holdings-set-to-join-sp-smallcap-600-302918511.html

SOURCE S&P Dow Jones Indices

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Chelsea FC announces multi-year sleeve partnership with Sokin, the business payments and FX platform

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Chelsea FC name fast-growing fintech platform as Principal Partner

LONDON, Oct. 23, 2026 /PRNewswire/ — Chelsea Football Club has today announced a multi-year partnership with Sokin, the embedded finance and payments company used by businesses worldwide. Sokin will be named a Principal Partner and Official Business Payments and FX Partner of Chelsea FC and Chelsea FC Women.

As a Principal Partner, Sokin will be represented on the sleeves of the Chelsea FC men’s, women’s and academy home, away, and third kits from the 2026/27 season.

The partnership brings together two ambitious London-headquartered organisations with worldwide reach – a club with millions of fans across the world and a fintech platform through which businesses move more than $11 billion a year. A club of Chelsea’s scale works in many currencies every day, with partners, competitions and supporters around the world, and needs a financial partner built to handle that.

Sokin gives finance teams business payments, multi-currency accounts, foreign exchange, checkout and treasury in one place, so they spend less time juggling banks and providers and keep more of what they move.

As Official Business Payments and FX Partner, Sokin will simplify how Chelsea FC sends, receives and manages money in the currencies the club operates in.

The Sokin logo will feature on the sleeve of the Chelsea shirt for the first time [when the men’s team host Tottenham Hotspur at Stamford Bridge on Saturday 24th October.]

Jason Gannon, President at Chelsea FC said:

“At Chelsea, we seek to partner with organisations that share our ambition and innovative mindset. Sokin’s expertise in business payments, and their focus on making both simpler for the businesses they serve, makes them a natural fit for the Club. We are pleased to welcome Sokin to the Chelsea family and look forward to working together in the years ahead.”

Vroon Modgill, CEO and founder at Sokin said:

“Chelsea plays on the biggest stage in world football, and its business runs in dozens of currencies. Sokin was built for that with regulated, multi-currency payments and foreign exchange for organisations that operate internationally. We’re proud to be the platform behind the business payments and FX of one of the most iconic teams in football. Sokin’s platform serves businesses in more than 170 countries. We’re thrilled to be partners for the season ahead. An organisation as sophisticated as Chelsea doesn’t leave its finances to chance.”

About Sokin

Sokin is the financial layer global business runs on. Businesses can transact, convert and hold money in 70+ currencies across 170+ countries. Some businesses use Sokin to manage global finance in-house. Others build it into their products to power financial experiences for their customers. Businesses move more than $9 billion a year on licenses Sokin holds in 36+ countries and infrastructure Sokin owns. Founded in 2019, Sokin has raised over $100 million from investors including Morgan Stanley Expansion Capital and Prysm Capital.

About Chelsea Football Club

Chelsea Football Club is one of the biggest, most successful football clubs globally and our men’s team are reigning world champions, having won the four-yearly FIFA Club World Cup in 2025. Our women’s team, Chelsea Women, are also multiple trophy winners.

Founded in 1905, Chelsea is London’s most central football club, based at the iconic 40,000-capacity Stamford Bridge stadium. Nicknamed the Blues, the club lifted the Champions League for the first time in 2012 and domestically has won the Premier League five times, the FA Cup eight times, the Football League Cup five times and the Football League Championship once, in 1955.

The Chelsea Women’s team have enjoyed a huge amount of success and in 2025 won the FA Women’s Super League for a sixth consecutive year and the eighth time overall. The Women’s FA Cup has been won on six occasions. We have also captured the FA Women’s League Cup four times as well as reaching the UEFA Women’s Champions League final in 2021. In two seasons, 2020/21 and 2024/25, a domestic treble of trophies was secured.

The Chelsea Foundation boasts one of the most extensive community initiatives in sport, helping to improve the lives of children and young people all over the world.

Media Contacts:

Taina Biggs
taina.biggs@sokin.com 

Nerissa Chesterfield
nerissa.chesterfield@chelseafc.com 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/chelsea-fc-announces-multi-year-sleeve-partnership-with-sokin-the-business-payments-and-fx-platform-302918466.html

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Amy Johnson Appointed President of GDIT

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RESTON, Va., Oct. 23, 2026 /PRNewswire/ — General Dynamics (NYSE:GD) announced today that Amy Johnson has been appointed as president of GDIT, effective November 3.

Johnson is a 27-year veteran of General Dynamics Mission Systems, where she held increasingly senior roles in engineering, engineering management and business leadership across cybersecurity, defense electronics, space and intelligence systems, most recently as vice president and general manager for Space, Cyber and Intelligence. She earned bachelor’s and master’s degrees in computer science and computer systems engineering. 

“Amy has a proven track record of leading teams to solve complex and highly technical challenges for our customers,” said Phebe Novakovic, CEO of General Dynamics. “I am confident that her dynamic leadership, operational rigor and deep commitment to our values and culture will deliver value to our customers, employees and shareholders.”

GDIT delivers digital modernization, cloud computing, artificial intelligence, cybersecurity and software development solutions to the U.S. federal government, defense, intelligence agencies and other customers. It is a business unit of General Dynamics, a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 120,000 people worldwide and generated $52.6 billion in revenue in 2025. More information is available at gd.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/amy-johnson-appointed-president-of-gdit-302918411.html

SOURCE General Dynamics

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