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World Heritage protection a main stage for implementing GCI

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BEIJING, Sept. 26, 2024 /PRNewswire/ — In today’s world, where the futures of all countries are closely linked, development, security and civilization play important roles in promoting the modernization process of human society. The Global Development Initiative (GDI), Global Security Initiative (GSI) and Global Civilization Initiative (GCI), proposed by Chinese President Xi Jinping, offer profound insights into the issues of our time. The Global Times invites scholars to provide readers both at home and abroad with an in-depth understanding of these three initiatives. This is the fourth article in the series.

Civilizations are enriched through exchanges and diversified through mutual learning. In March 2014, President Xi Jinping emphasized at the UNESCO headquarters in Paris that “exchanges and mutual learning form an important drive for human progress and global peace and development.” The Global Civilization Initiative (GCI) represents a further development of this thought. In March 2023, President Xi proposed the GCI at the CPC in Dialogue with World Political Parties High-level Meeting, with the first point stating: “We advocate the respect for the diversity of civilizations. Countries need to uphold the principles of equality, mutual learning, dialogue and inclusiveness among civilizations, and let cultural exchanges transcend estrangement, mutual learning transcend clashes, and coexistence transcend feelings of superiority.”

The World Heritage List: an important platform showcasing human civilization diversity

The UNESCO World Heritage program, based on the Convention concerning the Protection of World Cultural and Natural Heritage, serves as an important platform for showcasing the diversity of human civilization and promoting mutual understanding, respect, and dialogue between cultures. As of August 2024, 196 countries have joined the Convention, with 1,223 sites from 168 countries listed as World Heritage.

The significance of World Heritage extends beyond mere protection. The UNESCO World Heritage refers to its five C’s, which constitute the “strategic objectives” of the World Heritage Convention: credibility, conservation, capacity-building, communication and communities. The fifth “C,” which was added in 2007, refers to the important role of the communities in establishing the World Heritage List and in the daily management, promotion and development of World Heritage. These initiatives have further highlighted the contemporary value of World Heritage.

The World Heritage List reflects global recognition and appreciation of different cultures, showcasing the achievements of human civilization. It also embodies the contemporary value and significance of these civilizations, prompting a strong desire among countries to include their heritage on the World Heritage List.

According to the regional classification of World Heritage, the world is divided into five regions: Europe and North America, Asia and the Pacific, Latin America and the Caribbean, Africa, and the Arab States. The Europe and North America region, representing Western civilization, holds a significant numerical advantage on the World Heritage List, which undoubtedly illustrates the recognition of Western culture in today’s world.

The Asia and Pacific region has the second-largest number of inscribed cultural sites. Meanwhile, recently, the Arab States region has shown strong growth in its representation on the World Heritage List.

For various reasons, Africa’s heritage has long been relatively underrepresented on the World Heritage List. In response, UNESCO has prioritized Africa, urging contracting states to support capacity building for the protection of World Heritage on the continent and to engage in cooperative management efforts. This collaboration fosters dialogue between civilizations and promotes mutual learning among cultures. Additionally, China is involved in enhancing cooperation with Africa in the realm of World Heritage.

China’s World Heritage projects systematically showcase Chinese civilization

China joined the Convention Concerning the Protection of the World Cultural and Natural Heritage in 1985 and is now the country with the second -largest number of World Heritage Sites. After nearly 40 years of development, China’s World Heritage projects have begun to systematically represent Chinese civilization. This representation encompasses a range of historical periods, from prehistoric civilizations to various dynasties and modern times, as well as traditional belief systems, the cultural diversity of its multi-ethnic society, regional cultural diversity, and the great achievements of ancient engineering.

The Beijing Central Axis, added to the World Heritage List in 2024, is a masterpiece of China’s ideal urban order. It showcases the enduring influence of traditional planning concepts and their underlying philosophical ideas on the city’s layout, highlighting the continuity of Chinese civilization. In the context of World Heritage, although there has been a focus since the 1990s on the role of heritage in witnessing the continuity of civilization and cultural traditions, there are few practical cases that express this continuity through heritage. The components of the Beijing Central Axis, spanning from the 13th century to the early 21st century, represent a breakthrough in existing evaluation standards.

The process of nominating the Beijing Central Axis for World Heritage status is a successful example of value communication and international exchange. During this process, the value expressed in the application text for the Beijing Central Axis was not only understood and recognized by representatives from various countries on the World Heritage Committee, international expert consultants, and UNESCO officials, but the nomination effort also received their support.

China’s World Heritage Sites clearly express the common human values of upholding the principles of equality, mutual learning, dialogue and inclusiveness among civilizations

In 2017, Gulangyu island in East China’s Fujian Province, renowned for its varied architecture and multicultural history, was included on the UNESCO World Heritage List. The value of Gulangyu island emphasizes its presentation of extensive and in-depth exchanges between Chinese traditional culture, local culture and diverse foreign cultures in social life, architectural garden design and construction, artistic style, and modern technology. This serves as a concentrated expression of the exchange, mutual learning, and integration of human values in the coastal areas of East Asia and Southeast Asia during the early stages of globalization. 

As the world enters the second decade of the 21st century, various conflicts have created significant uncertainty. The value of Gulangyu island clearly exemplifies the inclusiveness of Chinese civilization and sets an example for mutual respect and dialogue among different civilizations today.

Director-general of UNESCO Irina Bokova once commented: “Although Gulangyu island is small in area, it is of great value and profound cultural heritage, which reflects the dialogue between different cultures and faiths. This dialogue can help people all over the world understand and practice the value of respect and tolerance and appreciate diversity. This is an important classroom for global citizenship.”

In summary, World Heritage serves as an important platform for dialogue and mutual understanding among civilizations as well as the main stage for implementing GCI. China’s World Heritage showcases the country’s historical and cultural values, promotes global understanding of Chinese civilization, and fosters China’s appreciation of other civilizations. 

Lü Zhou, the group leader for text compiling on the Beijing Central Axis World Heritage application team and director of the National Heritage Center of Tsinghua University. 

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SOURCE Global Times

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Hexagon Interim Report 1 January – 31 March 2026

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STOCKHOLM, April 23, 2026 /PRNewswire/ —

First quarter 2026

Continuing operations

Operating net sales of 963.8 (961.5) resulting in organic growth of 8%Net sales including acquired deferred revenue amounted to 963.6 MEUR (961.5)Adjusted gross earnings of 606.3 (619.1) resulting in a 62.9% (64.4) gross marginAdjusted operating earnings (EBIT1) of 251.3 MEUR (248.7) resulting in a 26.1% (25.9) EBIT1 marginAdjusted earnings per share of 6.7 Euro cent (6.5)Earnings per share of 58.4 Euro cent (5.0)Cash conversion of 77% (60)Recurring revenue of 289.9 MEUR (308.0), 6% organic growthOctave reported operating net sales of 327.2 MEUR (361.3) and adjusted operating margin of 25.2% (26.6)Adjusted earnings per share including discontinued operations of 9.1 (9.4)Earnings per share including discontinued operations of 59.9 Euro cent (7.0)

For further information, please contact:
Tom Hull, Head of Investor Relations, +44 (0) 7442 678 437, ir@hexagon.com
Anton Heikenström, Investor Relations Manager, +46 8 601 26 26, ir@hexagon.com

This is information that Hexagon AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on 23 April 2026.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/hexagon/r/hexagon-interim-report-1-january—31-march-2026,c4338783

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SOURCE Hexagon

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Dragonpass Empowers Financial Institutions with End-to-End Loyalty Solutions at Money20/20 Asia

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BANGKOK, April 23, 2026 /PRNewswire/ — Dragonpass, a leading global travel and lifestyle platform, participated in Money20/20 Asia, showcasing its customer loyalty solutions for banks, payment providers, credit card issuers, and fintech companies across APAC and globally.

As one of the most influential fintech events worldwide, Money20/20 Asia gathers decision-makers across the financial ecosystem. At the event, Dragonpass demonstrated how financial institutions can enhance customer engagement and build long-term loyalty through integrated travel and lifestyle experiences.

Established in 2005, Dragonpass has evolved from a lounge provider into a loyalty solutions partner, serving more than 800 global clients and over 40 million members worldwide.

At the core of Dragonpass is a business structure that combines global supply aggregation, a technology-enabled engagement platform, and consumer-facing lifestyle services — providing a one-stop solution across the customer lifecycle.

Leveraging data-driven insights, Dragonpass enables partners to design and optimise loyalty programs, incorporating customer segmentation and tiered incentive structures, alongside curated campaigns and entitlement configuration — driving more effective customer activation, engagement, and retention.

Its offering includes a broad portfolio of travel and lifestyle benefits such as airport lounge access, fast-track, dining, airport transfers, and lifestyle experiences. These are supported by flexible delivery models, including API integration, white-label solutions, and ready-to-deploy digital platforms, enabling seamless integration into clients’ customer journeys.

As customer expectations evolve, the industry is shifting from standardized benefits to more personalized, experience-led loyalty models. Insights from Dragonpass’s Loyalty Index show that customers increasingly value trust, rewards, simplicity, recognition, and exclusivity, with preferences varying across markets.

“Financial institutions today are looking for more effective ways to engage customers beyond traditional rewards,” said Jane Zhu, Co-founder and CEO of Dragonpass. “User engagement is at the core of loyalty, and technology — especially AI — plays a key role in enabling deeper and more relevant customer connections.”

Dragonpass works with leading global brands including Mastercard, Visa, HSBC, and Revolut, supporting them deliver differentiated value propositions and enhance customer engagement through scalable, customizable solutions.

Through its participation at Money20/20 Asia, Dragonpass aims to strengthen its presence in the APAC market and build strategic partnerships with organizations seeking to elevate their customer engagement strategies.

About Dragonpass

Dragonpass is a global travel and lifestyle platform providing premium airport and travel experiences across 140+ countries. By integrating global supply and technology, Dragonpass enables partners to deliver seamless, personalized experiences and drive customer loyalty.

Media Contact

Dragonpass PR
Email: brandmarketing@dragonpass.com
Website: www.dragonpass.com

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SOURCE Dragonpass

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SBI Life Insurance registers New Business Premium of ₹42,551 crores for the year ended on 31st March, 2026

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MUMBAI, India, April 23, 2026 /PRNewswire/ — SBI Life Insurance, one of the leading life insurers in the country registered a New Business Premium of ₹42,551 crores for the year ended on 31st March, 2026 vis-a-vis ₹35,577 crores for the year ended 31st March, 2025. Single premium has increased by 28% over the year ended on 31st March, 2025.

Establishing a clear focus on protection, SBI Life’s protection new business premium stood at ₹4,622 crores for the year ended 31st March, 2026, marking a growth of 13%. Protection Individual new business premium registered a growth of 23% and stood at ₹973 crores for the year ended 31st March, 2026. Individual New Business Premium stands at ₹29,783 crores with 13% growth over the year ended on 31st March, 2025.

SBI Life’s profit after tax stands at ₹2,470 crores for the year ended 31st March, 2026 with a growth of 2% over the year ended on 31st March, 2025.

The company’s solvency ratio continues to remain robust at 1.90 as on 31st March, 2026 as against the regulatory requirement of 1.50.

SBI Life’s AUM also continued to grow at 9% to ₹4,87,163 crores as on 31st March, 2026 from ₹4,48,039 crores as on 31st March, 2025, with the debt-equity mix of 62:38. 94% of the debt investments are in AAA and Sovereign instruments.

The company has a diversified distribution network of 3,58,506 trained insurance professionals and wide presence with 1,230 offices across the country, comprising of strong bancassurance channel, agency channel and others comprising of corporate agents, brokers, Point of Sale Persons (POS), insurance marketing firms, web aggregators and direct business.

Performance for the year ended March 31, 2026

Private Market leadership in Individual New Business Premium and Individual Rated Premium with market share of 25.5% & 22.9% respectively.Annualized Premium Equivalent (APE) stands at ₹ 24,266 crores with growth of 13%Individual New Business Sum Assured stands at ₹ 4,46,337 crores with 61% growthImprovement in 13M & 49M persistency by 53 bps & 107 bps respectivelyValue of New Business (VoNB) stands at ₹ 6,667 crores with growth of 12%VoNB Margin stands at 27.5%Indian Embedded value (IEV) stands at ₹ 80,791 crores with 15% growthProfit After Tax (PAT) stands at ₹ 2,470 crores with 2% growthOperating Return on Embedded Value stands at 19.7% Assets under Management stands at ₹ 4,87,163 crores with 9% growthRobust Solvency ratio of 1.90

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