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CGTN: China, Philippines vow further cooperation for new chapter in bilateral relations

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BEIJING , Jan. 4, 2023 /PRNewswire/ — China and the Philippines on Wednesday vowed to promote their comprehensive strategic cooperation, with cooperation documents being signed in various areas such as the Belt and Road cooperation, agriculture and fisheries, infrastructure, finance, customs, e-commerce and tourism.

 

The agreement was reached during talks between Chinese President Xi Jinping and Philippine President Ferdinand Romualdez Marcos Jr., who is the first foreign head of state China has received in the new year. 

This is also President Marcos’ first visit to China after taking office and his first official visit to a non-ASEAN country, which fully demonstrates the high importance China and the Philippines attach to bilateral relations.

In 1974, Marcos accompanied his mother, former First Lady Imelda Marcos, on a trip to Beijing. The two countries established diplomatic relations in the following year.

Synergizing development strategies

China always gives priority to the Philippines in its neighborhood diplomacy and views its relations with the Philippines from a strategic and overall perspective, said Xi.

The two sides agreed to conduct cooperation in the four key areas of agriculture, infrastructure, energy, and cultural and people-to-people exchanges, he said, calling for further efforts in fostering development dynamics and creating new highlights in these areas.

China stands ready to work with the Philippines to properly handle maritime issues through friendly consultation and resume negotiations on oil and gas development, Xi added.

Marcos said that the Philippines is willing to tap potential with China, continue to enrich the connotation of bilateral relations and deepen cooperation in agriculture, infrastructure, energy, culture, trade, investment, science and technology, and digital economy.

China is the strongest cooperative partner of the Philippines, he said. “Nothing can stop the continuation and development of the friendship between the two countries.”

In 2021, China was the Philippines’ top trade partner, with total trade valued at $38.35 billion. It was also the country’s second-largest export market worth $11.55 billion, and a leading source of imports valued at $26.8 billion, according to China’s National Development and Reform Commission.

China is also a major source of the Philippines’ official development assistance, and the second largest source of tourists before the COVID-19 pandemic.

The China-proposed Belt and Road Initiative is in deep cooperation with the Philippines’ “Build, Build More” and “Build Better More” programs. 

Strengthening regional cooperation 

China is ready to work with the Philippines and other ASEAN countries to focus on cooperation and development and uphold ASEAN centrality in regional cooperation, Xi said.

Noting that both China and the Philippines are developing countries in Asia, he said the two countries’ development is rooted in a good-neighborly and friendly surrounding and also part of a big Asian family featuring win-win cooperation.

China appreciates the Philippines’ support for the Global Development Initiative and the Global Security Initiative, and stands ready to work with the Philippines to increase mutual support and safeguard the common interests of the two countries and other developing countries, he said.

Marcos said that the Philippines adheres to the one-China policy.

“I look forward to maintaining close communication with President Xi, strengthening cooperation in all aspects, opening a new chapter in bilateral relations, and working together to better address the challenges and problems we both face,” he said.

When leaving for China on Tuesday for this three-day state visit, Marcos also stressed that he will be “opening a new chapter” in comprehensive strategic cooperation with China.

During Marcos’ visit to China, the two sides will issue a joint statement between the two countries.

https://news.cgtn.com/news/2023-01-04/Xi-holds-talks-with-Philippine-president-in-Beijing-1gk3hMeQGGI/index.html

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SOURCE CGTN

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2026 Canton Fair Design Award Winners Showcase China’s Innovation Strength

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GUANGZHOU, China, Oct. 19, 2026 /PRNewswire/ — As the 140th Canton Fair opens, the winners of the 2026 Canton Fair Design Award (CF Award) have also been announced. Winning products are now on display in Area D of the Canton Fair Complex, offering visitors a closer look at some of the latest advances in Chinese manufacturing and industrial design.

Among this year’s top honorees, a domestically developed high-performance sport motorcycle and an intelligent navigation capsule robot gastric endoscopy system received the Best of the Best Award, the competition’s highest recognition.

The Canton Fair also enhanced the visitor experience with a themed showcase area within the award exhibition. Built around four application-oriented concepts, namely Outdoor Pleasure, Smart Living, Cozy Home and Kitchen Elegance, the immersive displays demonstrate how innovative designs can be integrated into everyday life, helping visitors better understand the practical value behind these award-winning products.

This year, 4,218 products from 2,112 companies competed for the award. Following multiple rounds of evaluation, 222 products from 174 companies were selected.

The award-winning products reflect several key trends shaping the next stage of Chinese manufacturing. Innovation remains a defining theme, with breakthrough technologies ranging from upper limb motor function assistance and enhancement system to exoskeleton robots, underscoring the growing momentum of high-end manufacturing.

Meanwhile, intelligent technologies continue to gain traction across industries. Smart products account for more than 30% of this year’s winners, with AI-powered glasses, intelligent conference terminals and smart healthcare devices extending AI applications across home, office, medical and outdoor environments.

Sustainability is also becoming increasingly embedded throughout the product lifecycle. Green products represent over 40% of the winning entries, while innovations such as integrated energy-saving panels and sugarcane paper demonstrate how environmentally conscious practices are being incorporated into product design, materials selection and manufacturing processes.

Established in 2013, the Canton Fair Design Award is widely regarded as a benchmark for design innovation in China’s foreign trade sector. The award recognizes products that combine design excellence with commercial value, promoting the transformation and upgrading of Chinese manufacturing and supporting high-quality trade development. Entries are evaluated across five dimensions: innovation, quality, functionality, aesthetics and sustainability.

For more convenient attendance, please click here for pre-registration:
https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

 

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SOURCE Canton Fair

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InstaMall Launches Same-Day Fashion Delivery Experience, Bringing 80+ Brands to Shoppers’ Doors in Miami

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First-of-its-kind shopping app pairs artificial intelligence with same-day delivery, bringing luxury
and contemporary brands directly to customers’ doorsteps 

Featured luxury and contemporary brands include AllSaints, John Varvatos and Aritzia

MIAMI, Oct. 19, 2026 /PRNewswire/ — InstaMall, a first-of-its-kind shopping app offering same-day delivery and access to real-time inventory across luxury and contemporary fashion, launches today in Miami, Florida. Now available via iOS and Android, InstaMall provides access to more than 80 contemporary and luxury fashion brands across Miami’s five premier retail clusters, including Balmain, Louis Vuitton, Bottega Veneta, Ganni, Coach, Diesel, Reformation, Aritzia, Cult Gaia, Prada and more. InstaMall will add more brands within the app in the coming weeks and seasons. 

Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together through a more dynamic way to discover and shop for fashion. The experience combines access to luxury and contemporary brands with the convenience of same-day delivery, bringing the speed customers have come to expect across categories like food and groceries to fashion while maintaining the brand experience retailers and shoppers expect.

Within the app, customers will have access to InstaMall’s AI-powered stylist and virtual try-on features, making it easier to browse, discover and shop styles online. InstaMall’s AI Stylist serves as an intelligent shopping assistant that responds to customers’ preferences in real time. Customers can use the AI Stylist to receive product recommendations, build outfits, ask questions and discover new styles, while its virtual try-on feature allows them to visualize select items on themselves before making a purchase.

“InstaMall was founded on the belief that the convenience customers have come to expect from same-day delivery should extend to the way they shop for fashion,” said Elliot Aboud, Founder and CEO of InstaMall. “As fashion and technology continue to evolve together, we saw an opportunity to create a more seamless shopping experience that brings customers closer to the brands they love, combining a curated assortment, AI-powered styling and virtual try-on with the ease and convenience of same-day delivery.”

Prior to founding InstaMall, Elliot Aboud helped build the Aroma360 and Hotel Collection brands, overseeing the launch of the first retail store and expanding the retail footprint to more than 30 stores across the United States and two in Dubai. InstaMall is bringing fashion and luxury to the next generation with its seamless shopping experience and wide selection of brands.

Customers can download InstaMall through the Apple App Store or Google Play, or by going to instamall.co.

About InstaMall 

InstaMall is a same-day fashion shopping and discovery app reimagining how consumers shop for luxury and contemporary brands. Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together in an experience that gives consumers a more dynamic way to discover and shop. Where on-demand delivery has long existed for categories like food and groceries, InstaMall brings that same convenience to luxury fashion for the first time, delivering the same day without compromising the brand experience fashion retailers and their customers expect. The company launched publicly in Miami on October 16, 2026, and plans to expand nationally. For more information, please visit instamall.co.

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SOURCE InstaMall

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PTC to Announce Fourth Fiscal Quarter and Full Year 2026 Results on Wednesday, November 4, 2026

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BOSTON, Oct. 19, 2026 /PRNewswire/ — PTC (NASDAQ: PTC) will release its fiscal 2026 fourth quarter and full year results on Wednesday, November 4th after the stock market closes. As previously announced on October 5th, 2026, PTC entered into a definitive agreement to be acquired by Schneider Electric. In light of the pending transaction, PTC is suspending quarterly earnings conference calls and is no longer providing quarterly or annual guidance.

The earnings press release and accompanying financial data tables will be accessible on the Investor Relations section of the company’s website at PTC Investor Relations.

About

PTC (NASDAQ: PTC) is a global software company that enables manufacturers and product companies to digitally transform how they design, manufacture, and service the physical products the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, please visit www.ptc.com.

Investors

Michael Maguire
mmaguire@ptc.com
investor@ptc.com

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SOURCE PTC Inc.

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