BEIJING, Nov. 3, 2023 /PRNewswire/ — A report from People’s Daily: The sixth China International Import Expo (CIIE) is scheduled to be held offline between Nov. 5 and 10 in Shanghai.

The event will be joined by guests from 154 countries, regions and international organizations. Over 3,400 exhibitors and 394,000 professional visitors have registered to attend the event, representing a full recovery to pre-pandemic levels. Hundreds executives of Global Fortune 500 companies and industry-leading enterprises are poised to attend the expo, exceeding the previous levels.

The country exhibition of the sixth CIIE will comprehensively showcase the willingness of relevant parties to engage in open cooperation.

A total of 69 countries and three international organizations have confirmed their participation in the country exhibitions, of which 11 countries will make their debuts and 34 will participate in offline exhibitions for the first time. Honduras, Kazakhstan, Serbia, South Africa and Vietnam will serve as guest countries of honor.

The area of the China Pavilion this time will be expanded to 2,500 square meters, the largest it has been in the history of the CIIE.

The quality and efficiency of the Business Exhibition will be significantly improved. The Business Exhibition will cover an area of about 367,000 square meters, on which 289 Global Fortune 500 companies and industry-leading enterprises will showcase their products and services. Both figures outnumber the previous levels.

The biggest 15 names in the automobile industry, the world’s 10 major industrial electrical companies, 10 medical equipment manufacturers, three mining giants, top four grain traders and top five shipping companies have confirmed plans to attend.

The Business Exhibition focuses on high-quality development and quality life. The exhibition areas dedicated to cutting-edge technologies such as low-carbon energy and artificial intelligence, as well as lifestyle and consumer products, will experience a growth of 30 percent in size. Over 400 new products, technologies, and services will be showcased in these areas.

Thirty-nine government trade groups established by local governments and relevant departments, as well as four industrial trade groups will join the exhibition. Together, they comprise over 750 sub-groups.

"We will engage in close cooperation with all relevant parties, and go all out to build a high-standard, high-quality and high-level global trade fair, so as to offer more market, investment and growth opportunities for parties attending the event, and build cohesion for joint development," said Sheng Qiuping, China’s Vice Minister of Commerce.

As a platform promoting high-level opening up, the CIIE signals a strong voice for opening up. A batch of high-end equipment, green products and biological technologies are expected to be launched at the sixth CIIE, and Ecuador’s yellow dragon fruit, Benin’s pineapple will start entering the Chinese market via this event.

The CIIE is an international public good shared by the world. It fully demonstrates the true multilateralism upheld by China, as well as the country’s vision to build a community with a shared future for mankind.

The Hongqiao International Economic Forum (Hongqiao Forum), centering on the core theme of "Global Openness" and the function of "International Public Goods," will continue releasing the World Openness Report 2023 and the World Openness Index, and keep serving as a platform of high-end dialogue and exchange for the international political, business and academic communities.

The Hongqiao Forum will host 22 sub-forums this year covering global hotspots such as green development, digital economy and intelligent technology. Over 300 big names from the international political, business and academic communities are expected to attend the forum and deliver speeches.

Hua Yuan, vice mayor of Shanghai, noted that Shanghai will accelerate its efforts to build itself into a hub for imported and exported commodities, and the number of "6+365" Permanent Exhibition and Trade Platforms of the CIIE has been expanded to 60. Shanghai is working to turn exhibitors into investors, and has introduced action plans to optimize its business environment for six years in a row.

According to Hua, the actual use of foreign capital of the metropolis jumped from $16.66 billion in 2018 to nearly $23.96 billion last year, with a five-year total hitting $101.3 billion, 20.5 percent higher than the last five-year period.

As the world’s first import-themed national-level exhibition, the CIIE has become a major international platform for promoting the integration of the Chinese and global markets, fostering industrial integration, stimulating creativity, and facilitating mutual learning of rules and regulations.

The Ministry of Commerce will work with relevant departments to implement multiple measures to expand the imports of quality products and facilitate high-quality trade development, said Sheng.

China will keep strengthening policy support, ensuring stable operations at every stage of bulk commodity imports, and increasing the imports of energy resources and agricultural products.

The Ministry of Commerce, together with relevant departments, will revise a catalogue of encouraged technology and product imports to support enterprises in expanding imports of advanced technologies, essential equipment, and key components, promoting industrial restructuring and optimization.

China will keep releasing the potential of imports. This year, China has implemented provisional import tax rates for 1,020 commodities. In accordance with the effective free trade agreements and preferential trade arrangements, agreed tax rates are applied to certain imported goods originating from 29 countries or regions under 19 agreements, further reducing the level of tax rates. The positive role of cross-border e-commerce in retail imports is being leveraged to continue unlocking the potential of consumer goods imports.

China will keep enhancing exchanges at the CIIE. It will fully leveraging the role of major trade platforms such as the CIIE, amplify the spillover effects of various exhibitions, and facilitate the entry of more high-quality goods, technologies, and services into China. This will promote business exchanges and connections, and allow more enterprises to share the opportunities of the Chinese market.

Source : China to make CIIE high-standard, high-quality, high-level global trade fair

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

The 2nd Boao International Conference on Real World Studies of Medical Products Held in Hainan

CISION PR Newswire

Nov 3, 2023

HAIKOU, China, Nov. 3, 2023 /PRNewswire/ — On 31st Oct., the 2nd Boao International Conference on Real World Studies of Medical Products, held in Boao, Hainan, was attended by nearly 1,000 participants from domestic and international pharmaceutical regulatory agencies, academic societies, industrial associations, pharmaceutical enterprises, etc.

The 2nd Boao International Conference on Real World Studies of Medical Products

The conference featured a plenary session and eight sub-forums, and encompassed various fields related to international real-world research, and the scientific development of pharmaceutical product regulation. The topics covered real-world research, drug regulation, pharmaceutical instrument regulation, traditional Chinese medicine regulation, biostatistics, as well as economics. The conference provided a platform for exchanges and innovations of real-world data research and pharmaceutical product regulatory practices, offering new methods, standards and pathways for advancing the role of real-world research of pharmaceutical products in regulatory decision-making across China and the whole globe.

It’s worth noting that the National Medical Products Administration and the Hainan provincial government jointly initiated a pilot project for the application of clinical real-world data in June 2019. In the meantime, the Hainan Boao Lecheng International Medical Tourism Pilot Zone (Lecheng Pilot Zone) has been actively collecting real-world evidences and researching to explore how to assist the regulatory decision-making, offering new methods for the reform of the national evaluation system of pharmaceutical products. Nowadays, the real-world research in the Lecheng Pilot Zone has stepped on a fast track, largely matching the international advanced level in pharmaceutical technology, instrument and drugs. It has become a key channel to accelerate the market entry of innovative international pharmaceutical products to China.

According to Deputy Director of Biostatistics and Epidemiology, Real World Evidence Department, Merck, Germany, Real world study is a significant institutional innovation in the Hainan Free Trade Port. "We learnt that four drugs and nine medical devices have been approved by National Medical Products Administration (NMPA) using Real World Data(RWD) from Hainan Boao Lecheng. We look forward to seeing more advances made in this field in China."

To date, the Lecheng Pilot Zone has 26 operational medical institutions and has established extensive and deep collaborations with over 170 pharmaceutical product enterprises from 20 countries and regions, importing more than 350 critically-needed pharmaceutical products.

Image Attachments Links:
Link: https://iop.asianetnews.net/view-attachment?attach-id=443011
Caption: The 2nd Boao International Conference on Real World Studies of Medical Products

Source : The 2nd Boao International Conference on Real World Studies of Medical Products Held in Hainan

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Redress Demonstrates Critical Need to Upskill Asia’s Fashion Industry from Drawing Board to Boardroom

Corporate News Media OutReach

Nov 3, 2023

Redress Demonstrates Critical Need to Upskill Asia’s Fashion Industry from Drawing Board to Boardroom

New industry report identifies circular design knowledge gap, financial barriers, and lack of top management leadership to transition from linear to circular models

HONG KONG SAR – Media OutReach – 3 November 2023 – Redress, the Hong Kong-headquartered, Asia-focused environmental NGO accelerating the change to a circular fashion industry by educating designers and consumers, releases their industry report on the role, influence, and opportunities for circular fashion designers. Supported by the VF Foundation, the report focuses on the fashion design stage in China and Southeast Asia, which produces approximately 60% of global exports of garments, textiles, and footwear^[1].

Redress Industry Report - website visual.jpg

Fashion’s environmental challenges, mostly brought on by its current linear system, are well known. Approximately 100 billion apparel items are produced per year, representing a 50% increase since 2006. The majority of clothing is landfilled or burned within one year of production.^[2] As one of the world’s most polluting industries, fashion currently contributes up to 10% of global CO2^[3] and on its current trajectory is projected to use 25% of the world’s carbon budget by 2050.^[4]

Much work is needed to transition to a circular fashion system, including transforming the fashion design stage, where it is estimated that 80% of a product’s environmental impact is determined.^[5]

RESULTS SHOW GAPS – KNOWLEDGE AND INVESTMENT URGENTLY NEEDED

The industry report highlights a circular design knowledge gap, with 79% of survey respondents saying they “agree, either somewhat or strongly, that implementing circular design poses challenges”; financial barriers for circular design, with 71% of all respondents saying that “cost is a resistance factor when choosing materials to reduce environmental impacts”; and that lack of commitment and collaboration from top management is hampering progress at the design stage.

“The results of our report show that Asia’s fashion industry is not equipped to deliver the supply chain of the future,” said Christina Dean, Founder, Redress. “Legislation is changing, with the European Union continuing to tighten regulations targeting fashion’s environmental and social impact. This will have implications throughout the supply chain, especially in Asia, where 70% of the EU’s textiles are made.^[6] Urgent investment in fashion circularity is needed, from recycling to new materials, along with an urgent reallocation of resources, upskilling, and reskilling.”

Redress’ quantitative survey was answered by 195 global fashion professionals working within the design stage. Forty qualitative interviews were also conducted with fashion professionals working within companies producing apparel for the European, Chinese, and Southeast Asian markets, along with five educators specialising in design and sustainability.

Based on the findings, Redress urges the APAC region’s fashion industry to better support the implementation of circularity at the design stage by closing the knowledge gap through education and capacity building; re-addressing financial barriers with a long-term mindset; and creating a more collaborative working structure with support from top management.

“At The VF Foundation, we know driving a more circular system, from product creation to consumer engagement, is critical for the fashion industry to achieve a more sustainable future,” says Gloria Schoch, Executive Director, The VF Foundation and Senior Director, VF Corporation. “This report reinforces the importance of educating designers and finding opportunities to instil these values into the next generation of designers to make meaningful progress at scale.”

REDRESS: PROVIDING SOLUTIONS TO CLOSE THE KNOWLEDGE GAP

A key pillar of Redress’ work is educating designers on circular and sustainable design theories and techniques. These educational efforts are supported by partnerships, with industry leaders and over 170 universities to deliver sustainable fashion curricula to the next generation of designers.

The knowledge shared by Redress is in high demand, with the Redress Academy, a free online resource on circular fashion topics, seeing over 68,000 hits this year. Highlights from recent workshops partaken by Finalists of the Redress Design Award 2023, the world’s largest sustainable fashion design competition, have recently been shared as educational circular case studies. These include:

The Circular Redesign Challenge with TAL Apparel: where emerging designers were tasked with producing a garment, created from redesigning waste from within a factory production line.

“Circular design might be considered challenging. But having a top-down leadership or management direction, like we do at TAL, is key. Without the C-suite understanding the financial imperatives of steering their supply chains, innovation at the design stage will become a stalemate,” shared Rod Henderson, President, TAL Apparel.

The Customer Experience Challenge with sustainable luxury retail packaging experts Delta Global: where participants were asked to construct a conceptual packaging solution with consideration for longevity of the product and consumer engagement.

“Investment in R&D and circularity innovations must be the first priority of all companies as their collective focus for future-proofing their business,” said Robert Lockyer, Founder, Delta Global. “Delta Global will continue to invest time, mentorship, and knowledge-sharing with best practices to help guide and educate emerging designers. Ultimately we know investing in knowledge makes good business sense and creates a platform for good for the future.”

COLLABORATING TO PUSH SUSTAINABLE FASHION IN CHINA

With China being one of the world’s largest clothing exporters^[7], Redress’ collaborations in China also mark important milestones in sustainable development for the fashion industry.

Redress presented results from its industry report at a panel discussion at Fashion Summit Hong Kong, Asia’s sustainable fashion event, as well as at Shanghai Fashion Week.

Demonstrating that collaboration between supportive organisations and knowledgeable designers is key to successful implementation of circular practices, Redress also recently signed a memorandum of understanding with the Shenzhen Garment Industry Association, organisers of Shenzhen Fashion Week.

Editor’s Notes

Register to receive Redress’ industry report on the role of circular designers here.
Further supporting statistics are here.

^[1] International Labour Organization (2022), Greening the Sector

^[2] UBS – $2.5trn industry at risk – What if consumers stop buying disposable clothes

^[3] UNFCCC (2018), UN Helps Fashion Industry Shift to Low Carbon

^[4] World Bank (2019)

^[5] EU Science Hub (2018): Sustainable Product Policy

^[6] UBS Insights (2023), Perspectives: Fashion industry change

^[7] FASH455 Global Apparel & Textile Trade and Sourcing (2015)

Hashtag: #Redress

The issuer is solely responsible for the content of this announcement.

About Redress (www.redress.com.hk)

Redress (www.redress.com.hk) is a Hong Kong-headquartered, Asia-focused environmental NGO with a mission to accelerate the change to a circular fashion industry by educating and empowering designers and consumers so as to reduce clothing’s negative environmental impacts.

The Redress Design Award (www.redressdesignaward.com) is the world’s largest sustainable fashion design competition that educates and empowers emerging fashion designers about circular design techniques to reduce fashion’s negative environmental impacts. Organised by Hong Kong-headquartered, Asia-focused environmental NGO Redress annually since 2011, the competition now has over 150 global fashion university partners and attracts designer applicants from over 50 countries and regions to win prizes that connect them with global-leading fashion businesses to accelerate the change to a circular fashion industry.

Source link

This content was prepared by Media OutReach. The opinions expressed in this article are the author's own and do not reflect the view of Siam News Network.

State Grid Linyi Power Supply Company: "Golden Rooftop" Activates Rural "Green Power"

CISION PR Newswire

Nov 3, 2023

LINYI, China, Nov. 3, 2023 /PRNewswire/ — Bathing in the noonday sunshine, patches of blue photovoltaic panels are sparkling brightly. The "dual carbon" goal further clarifies the green-orientation for rural revitalization and development, and new opportunity is ushered in with the rapid development of new energy, especially the photovoltaic industry. At Xinzhangzhuang Village, Xuezhuang Town, Feixian County, Shandong Province, a 30 kilowatt photovoltaic power station has been constructed, using 400 square meters of the idle space on the rooftop of the village committee office. The "golden rooftop" brings abundant "sunshine welfare" to the countryside continuously.

The Xinzhangzhuang Village Photovoltaic Project is conducted by the State Grid Shandong Electric Power Company as an assistance project of the Rural Revitalization Foundation. Previously, the villagers main source of income was crop planting, so the collective economic income was minor and insufficient, and there were very few industrial projects. The photovoltaic project endows the income of village with an increase of 20,000 yuan per year, which enables the village rural construction as well as the assistance to the disadvantaged groups.

In recent years, rooftop photovoltaic power project has been much favored due to its advantages of being green, eco-friendly, low-consumption and low-carbon. Not only have the villagers installed distributed photovoltaic power panels, but a host of enterprise rooftops have also been utilized.

Tanyi Town, known as the "Timber Town" in China, has an annual output value of 30 billion yuan, which accounts for 15% of the whole country’s timber export volume. With the transformation from traditional timber industry towards intelligence, 65 wood processing enterprises have installed rooftop photovoltaics, and the installed gross capacity of distributed photovoltaics mounts to 68000 kilowatts in this town. The annual power generation is up to nearly 100 million kilowatt-hours. The timber industry enterprises utilize the rooftop of their factory buildings to install photovoltaic power stations both for self use and offering the surplus electricity to the state grid. Every year, the 4000 kilowatt photovoltaic power board can save 4.08 million yuan in the enterprise electricity bills and reduce nearly 6,000 tons of carbon dioxide emission.

State Grid Linyi Power Supply Company takes the initiative in on-site visits and services, conducting safety inspections in rooftop photovoltaic panels and workshop distribution rooms, providing detailed explanations on the daily operation and maintenance of the photovoltaic panels, and instructing the precautions of electricity usage and operation. What’s more, reasonable energy-saving suggestion and detailed measures are proposed based on the current production situation and electricity load changes. Also, in accordance with the enterprise’s electricity demand, customized energy efficiency bills are made, and customers’ sense of acquisition are constantly enhanced as well.

State Grid Linyi Power Supply Company actively implements the concept of green development in the coordinated development of green low-carbon rural industries, benefiting the people with the "sunshine income" from the "golden roof", helping enterprises to cut cost and increase efficiency, and adding "green power" to rural development.

Source : State Grid Linyi Power Supply Company: "Golden Rooftop" Activates Rural "Green Power"

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Hong Kong Web3 Festival 2024 Set to Take Place 6-9 April, 2024

CISION PR Newswire

Nov 3, 2023

HONG KONG, Nov. 3, 2023 /PRNewswire/ — On Nov.3, Feng Xiao, Chairman of Wanxiang Blockchain and HashKey Group announced at Hong Kong Fintech Week that Hong Kong Web3 Festival 2024 will take place from 6-9 April, 2024. Built upon its record-breaking 2023 event, HK Web3 Festival 2024 will feature an amazing lineup of industry guests from around the globe.

The inaugural Web3 Festival, co-hosted by Wanxiang Blockchain Labs and HashKey Group saw over 50,000 attendees in total, 300 speakers globally, 100 exhibitors and nearly 200 side events. It’s widely acknowledged as the breaking milestone for Hong Kong’s Web3 industry.

Last year’s Web3 Festival was joined by esteemed representatives from the Hong Kong government and agencies including Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of the Hong Kong Special Administrative Region, Duncan CHIU, Legislative Council Member (Technology & Innovation Constituency), Lillian Cheong Man Lei, Deputy Director of Innovation, Technology and lndustry Bureau, Sophia Chong, Deputy Executive Director of Hong Kong Trade Development Council, Simon CHAN Sai-ming, BBS, JP, Chairman of Hong Kong Cyberport Management Company Limited, Clara Chan, then-Executive Director for the Hong Kong Monetary Authority, Keith Choy, Interim Head Intermediaries, Securities and Futures Commission, Hong Kong, Peter YAN King-shun, JP, CEO of Cyberport, King Leung, Head of Fintech, InvestHK, Crystal Fok, Head of STP Platform, Hong Kong Science & Technology Parks Corporation who provided in-depth insights and elaborations on Hong Kong’s favorable policies towards Web3 talents and startups.

The inaugural Web3 Festival, hosted on five center stages, brought together the world’s brightest minds, top Web3 projects and leading venture capitals presenting content-rich discussions and topics centered around Web3. Esteemed speakers of the event included Hong, President, OKX, DC, CEO of HashKey Capital, Head of HashKey Singapore, Chris Yu, Co-Founder & CEO, SignalPlus, Ming Zeng, Ex CSO of Alibaba Group, Bo Feng, Founder of Dragonfly.xyz, Wensheng Cai, Angel Investor, Chairman, Meitu, Juan Benet, Founder of Protocol Labs, Illia Polosukhin, Co-founder of NEAR Protocol, Yat Siu, Co-founder and executive chairman of Animoca Brands, Ben HE, CEO and Founder of imToken, CZ, Founder & Chief Executive Officer, Binance, and more. In-depth talks and discussions were held around AIGC, privacy computing, Web3 security, Web3 infra, Fintech, DePIN, etc.

Come join us again here and see the triumphant return to Hong Kong!

Event website: https://www.web3festival.org/hongkong2024/

Become a speaker: https://hongkong.web3festival.org/speakerapplication

Become a sponsor: https://hongkong.web3festival.org/sponsorapplication

Source : Hong Kong Web3 Festival 2024 Set to Take Place 6-9 April, 2024

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

COSRX Launches Groundbreaking The AHA BHA PHA LHA 35 Peel for a 10-Minutes Glass Skin Transformation

CISION PR Newswire

Nov 3, 2023

LOS ANGELES, Nov. 3, 2023 /PRNewswire/ — COSRX, the derm favourite skincare brand trusted by skin enthusiasts alike for its innovative and highly effective products, is excited to unveil its latest breakthrough: The AHA BHA PHA LHA 35 Peel. This distinctive pink chemical exfoliator, introduced to the market through the COSRX store on Amazon on October 27th, is set to revolutionize skincare routines.

COSRX’s Newly Launched The AHA BHA PHA LHA 35 Peel

The AHA BHA PHA LHA 35 Peel offers a comprehensive remedy for a range of skin concerns, including addressing rough and uneven skin, clearing clogged pores, and revitalizing dull complexions. Formulated with a unique combination of four different acids, it ensures a radiant "glass skin" appearance in just 10 minutes.

The acids in this formula are:

AHA to exfoliate and smooth BHA to clean and decongest pores and sebum PHA helps alleviate the skin barrier damage LHA gently removes dead skin cells

AHA and BHA are among the most touted chemical exfoliants, while LHA and PHA are newer on the scene. They help shed old, dead skin cells gently to transform skin from dull to radiant. It’s the ideal product for those with oily, sensitive and combination skin that feels tight and dehydrated.

Why Pink? Unveiling the Science Behind the Color

What sets this product apart is its enchanting pink hue. Free from artificial pigments and fragrance, this natural pink color is derived from Vitamin B12. Beyond its vibrant shade, Vitamin B12 is known for its skin-soothing properties and its role in fortifying the skin’s barrier, resulting in a radiant complexion.

10 Minutes to Radiance: Fast and Effective Results

Clinical trials have demonstrated that The AHA BHA PHA LHA 35 Peel reduces dead skin cells by an impressive 80%, providing immediate skin smoothing and diminishing the appearance of pores in 4 weeks. A mere 10 minutes of application followed by a simple wash is all it takes to achieve remarkable results.

Unveiling the Power of 35% Multi Acids (AHA, BHA, PHA, LHA)

The AHA BHA PHA LHA 35 Peel is formulated with a 35% concentration of multiple acids. AHA, a water-soluble exfoliant, smooths rough and bumpy textures, while oil-soluble BHA penetrates and cleanses pores to unclog, refine, and soothe. PHAs and LHAs, in addition to their exfoliating properties, provide soothing hydration.

This groundbreaking peeling exfoliant is available at the COSRX store on Amazon.

About COSRX:

With its powerful yet affordable skincare solutions, COSRX has quickly become one of America’s favorite skincare brands. Using a minimal number of highly effective natural extracts in concentrated doses, COSRX products deliver visible results by treating the skin with only the essentials it needs and nothing it doesn’t. Find its best-selling skincare solutions at retailers nationwide.

Connect with COSRX:

Instagram: https://www.instagram.com/cosrx TikTok: https://www.tiktok.com/@cosrx_official COSRX Official Website: https://www.cosrx.com

Source : COSRX Launches Groundbreaking The AHA BHA PHA LHA 35 Peel for a 10-Minutes Glass Skin Transformation

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Equipped with Shanghai Electric's Offshore Tribune, World's First Deep-Sea Floating Wind Energy Project Integrated with Marine Ranching Completes

CISION PR Newswire

Nov 3, 2023

SHANGHAI, Nov. 3, 2023 /PRNewswire/ — The world’s first maritime renewable energy project that combines deep-sea floating wind energy and aquaculture has been completed in China. Marking a significant step forward for China’s wind energy sector, the project is developed by Longyuan Power Group, with Shanghai Electric Wind Power Group (the Wind Power Group), a subsidiary of Shanghai Electric (SEHK: 2727, SSE: 601727), providing the power generation equipment and towers of the offshore turbines.

Equipped with Shanghai Electric’s Offshore Tribune, World’s First Deep-Sea Floating Wind Energy Project Integrated with Marine Ranching Completes.

As wind power has emerged as a fundamental pillar in the combat against the climate crisis, the Wind Power Group is speeding up its innovation, driving the frontier of global renewable energy technology as a key power source to help create a sustainable future. Since the creation of its 3.6-megawatt wind turbine, the Company has cemented its leadership position in the arena of onshore and offshore wind energy, spearheading a number of major projects in China in the quest for new applications of wind energy that address the challenges and development bottlenecks of the industry.

With the deployment of offshore wind power extending beyond coastal regions into deep-sea locations, Shanghai Electric Wind Power Group is fully prepared to lead the way in the development, installation, and operation of floating wind power and deep-sea wind power projects, equipping itself with state-of-the-art technology and leveraging its extensive expertise to create solutions for multi-purpose new energy infrastructure.

Built within the National Marine Ranching Demonstration Zone on Nanri Island, located in Putian, Fujian Provence of China, the project features three-column semi-submersible floating platforms, each one supporting a 4 MW offshore wind, and lightweight, flexible solar modules that are installed in the area with a water depth of around 35 meters. A hexagonal space within the platform’s central area can be used for fish farming.

Once operational, the mixed energy project has the capacity to generate 96,000 kWh of electricity daily at full capacity, equivalent to the daily energy consumption of 42,500 individuals. The pioneering convergence of wind power, photovoltaics, and aquaculture presents a new horizon for the industry to develop sustainable and green renewable solutions designed to reduce carbon emissions while boosting economic growth.

On the safety front, Shanghai Electric Wind Power Group uses a multi-pronged approach to ensure the reliability of the project throughout its entire lifecycle. During the phase of the preliminary design, the Company established an integrated model that was confirmed through a multi-round consistency analysis. Other measures, including simulation result comparisons across various platforms and the development of control algorithms in partnership with DVN, have also strengthened the safety and reliability of the project.

The entire project has also undergone an extensive range of rigorous testing across nearly 200 operational conditions, including a 1:40 scale model used for examining the fishing pond. The Company also developed a custom-built intelligent terminal system for floating wind turbines, enhancing reliability to ensure the safe and consistent operation of the turbines while maximizing wind utilization.

Source : Equipped with Shanghai Electric's Offshore Tribune, World's First Deep-Sea Floating Wind Energy Project Integrated with Marine Ranching Completes

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Musim Mas Releases New Oil Palm Seed Varieties that Yield Nearly Triple the Industry Average

CISION PR Newswire

Nov 3, 2023

SINGAPORE, Nov. 3, 2023 /PRNewswire/ — Musim Mas announced the release of four new oil palm varieties with potential yields of over 10 tons of total oil/hectare, which are nearly three times higher than the industry average of 3.25 tons of CPO/hectare. A result of 11 years of non-GMO genetic research, the new seed varieties can potentially yield fruiting palms within 25 months in contrast to the industry average of 30 months.

Musim Mas staff at an event to commemorate the launch

With the challenge of meeting the world’s demand for oil and fats against the need to preserve forests, the Musim Mas Group invests heavily in genetic and agronomic research to improve yields without increasing planted areas. The release of these top-performing varieties is the latest fruit of these efforts. To help smallholder farmers improve and achieve better yields and livelihoods, Musim Mas will also provide these new seed varieties to scheme smallholder farmers it supports through the Kredit Koperasi Primer Anggota (KKPA) program.

Dubbed the Musim Mas GS Series, the new seeds are of the dura x pisifera (DxP) variety, and four separate varieties were released by The Group: GS1, GS2, GS3, and GS4. These varieties have been approved by the Indonesian government’s assessment body for plantation varieties (TPV). The varieties were also developed four years faster than a typical breeding program, demonstrating the strength of Musim Mas’ R&D efforts.

"At Musim Mas, our strategy is to increase our production through improved yields and not land expansion. This ideology is a key part of how we see our role as a responsible palm oil producer. With the world’s population expected to cross 9 billion by 2050, we hope the Musim Mas GS series will play a valuable role towards improved yields in the long term," said Mr. TK Lim, Director of Strategy and Planning.

The GS Series is an important contributor to Musim Mas’ role as a leading seed-to-shelf agribusiness and will also potentially yield oil palms with longer stalks, which makes harvesting easier, yields bigger fruitlets, and provides excellent CPO extraction rates of 30%.

Contact:
[email protected]

Source : Musim Mas Releases New Oil Palm Seed Varieties that Yield Nearly Triple the Industry Average

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network