CGTN: 65 years on, opening a new era for the China-Cambodia community with a shared future

BEIJING, Feb. 11, 2023 /PRNewswire/ — Prime Minister of the Kingdom of Cambodia Hun Sen, who is also the old friend and good friend of the Chinese people, paid a three-day official visit to China after the Chinese New Year.

From February 9 to 11, apart from meeting with Chinese leaders, Hun Sen attended the launching ceremony of the China-Cambodia Friendship Year and the opening ceremony of the China-Cambodia business, investment and tourism forum and witnessed the signing of a series of cooperation documents, covering fields including diplomacy, economy and trade, development cooperation, agricultural products, infrastructure and media.

On the occasion of the 65th anniversary of the establishment of diplomatic relations, China and Cambodia are ready to further bilateral cooperation through “one position, six-way cooperation and two corridors,” Chinese Vice Foreign Minister Sun Weidong told China Media Group (CMG) on Friday.

One position

China and Cambodia on Saturday issued a joint statement on building a China-Cambodia community with a shared future in the new era, a key consensus the two sides reached during Hun Sun’s visit.

The statement read “no matter how the international landscape may evolve, China and Cambodia will unswervingly deepen their iron-clad friendship, carry out mutually beneficial and win-win practical cooperation and promote the building of a community with a shared future.”

This echoed the Chinese president’s call during his meeting with Hun Sen, as Xi Jinping stressed China is ready to share opportunities, seek cooperation, and promote development with Cambodia and urged efforts to building a high-quality, high-level, and high-standard China-Cambodia community with a shared future in the new era for bringing more benefits to the two peoples and contributing more positive energy to regional peace, stability and development.

For his part, Hun Sen said he wants to send a clear message through his visit three years ago and the current visit that the Cambodian people will always stand firmly with the Chinese people. He vowed to push for more achievements of the Cambodia-China comprehensive strategic cooperative partnership and jointly build a Cambodia-China community with a shared future.

Six-way cooperation

During Hun Sun’s visit, the two sides also reached a consensus on the China-Cambodia “Diamond Hexagon” cooperation framework.

As the Chinese president noted, the two sides could build a cooperation framework in politics, production capacity, agriculture, energy, security, and people-to-people and cultural exchanges. Hun Sen fully agreed with China’s proposal of the cooperation framework.

The cooperation framework is written into the joint statement with detailed cooperation plans for the six major areas.

Thus, the two sides have already taken practical actions in some areas. The China-Cambodia business, investment and tourism forum, which Hun Sun attended, attracted some 300 government and business representatives from the two countries.

The forum aims to provide the latest information on the two sides’ policies on trade, investment and tourism, and serve as a platform to discuss, exchange experiences and connect with potential business partners to foster cooperation.

According to the Chinese Ministry of Commerce, China has continued to be Cambodia’s largest trading partner for 11 consecutive years with bilateral trade volume hitting a record high again in 2022, expanding 17.5 percent year on year to $16.02 billion.

Cambodia has also pinned high hopes for its tourism recovery after Chinese tourists gradually returned to the Southeast Asian nation. China was the largest source of foreign tourists to Cambodia in the pre-pandemic era.

According to Cambodia’s Tourism Minister Thong Khon, his country received 25,000 Chinese tourists in January and will try to attract between 800,000 and one million Chinese tourists in 2023.

Two corridors

As highlighted in the joint statement, the two countries also agreed to focus on the building of two corridors: the industrial development corridor centered on Sihanoukville Province and the fish-rice corridor in the Tonle Sap Lake area.

To build an industrial development corridor, China will encourage more Chinese firms to invest in Cambodia and facilitate the Sihanoukville Special Economic Zone (SSEZ), Xi told Hun Sen.

The 11-square-km SSEZ currently houses approximately 170 factories across the world with a total investment of more than $1.3 billion, creating around 30,000 jobs.

As Xi urged efforts to carry out agricultural cooperation near lakes, the two countries agreed to jointly build the fish-rice corridor with a multi-dimensional, composite and efficient modern agricultural system.

According to a report released by the Cambodian Ministry of Agriculture, Forestry and Fisheries, China is one of the key importers of Cambodia’s agricultural produce in 2022. About 689,702 tonnes of Cambodian agricultural products had been shipped to China during the January-November period in 2022.

https://news.cgtn.com/news/2023-02-11/A-new-era-for-the-China-Cambodia-community-with-a-shared-future-1hleq3RGKha/index.html

GLOBALLY RECOGNIZED ROSEN LAW FIRM Encourages Dlocal Limited Investors to Inquire About Class Action Investigation – DLO

NEW YORK, Feb. 11, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of DLocal Limited (NASDAQ: DLO) resulting from allegations that dLocal may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased dLocal securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=11762 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On November 16, 2022, Muddy Waters Research (“Muddy Waters”) published a report entitled “DLO: ‘History Never Repeats Itself, but it Does Often Rhyme,’” which concluded that “DLO is likely a fraud” and stated that the Company “has repeated disclosures about its TPV and accounts receivable that flatly contradict one another. There is also a contradictory discrepancy between two key subsidiaries’ accounts payable and accounts receivable. These types of seemingly innocuous misstatements are, instead, often signs of cooked books because it can become quite a strain to keep the numbers straight once you start manipulating them.” In addition, the report stated that “Management and directors dumped an extraordinary ~$1 billion in shares within the first five months of DLO being public. A spate of recent high-level departures brings to mind the idiom about ‘rats fleeing a sinking ship.’”

On this news, dLocal’s stock price fell $10.76 per share, or 50%, to close at $10.46 per share on November 16, 2022.

Then, on December 1, 2022, Muddy Waters published a second report stating that dLocal has held calls with clients from several banks, stressing that it had separated client funds from its own. The report also said that dLocal’s calls with clients were “non-specific” and “sweet-talking,” and that “all [the Company] needed to do to address this issue was provide an explanation as to how the cash flows reconcile.”

On this news, dLocal’s stock price fell $2.21 per share, or 15%, to close at $12.39 per share on December 1, 2022.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Contact Information:

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New York, NY 10016
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‫تقييم مجلة Windpower Monthly لتوربينات SANY SE-17260 كواحدة من أفضل 10 توربينات رياح برية (5.6 ميجا واط زائد) لعام 2022

بكين، 11 فبراير 2023 / PRNewswire / — تفخر شركة SANY للطاقة المتجددة (“ SANY ” أو “الشركة”) بالإعلان عن تقييم توربينات الرياح SE-17260 التابعة للشركة مؤخرًا كأحد أفضل 10 توربينات رياح برية (5.6 ميجا واط زائد) لعام 2022 من قبل مجلة Windpower Monthly ، الرائدة عالميًا التي تعنى بقطاع الطاقة الريحية في العالم. هذه هي السنة الثانية على التوالي التي تحصل فيها توربينات SE-17260 من شركة SANY للطاقة المتجددة على مثل هذا التقدير المرموق، وهو شهادة على الأداء المتميز والموثوقية والكفاءة للتوربينات، ومكانة الشركة في مجال الطاقة الريحية في العالم.

قال تشو فوجوي، رئيس مجلس إدارة شركة ساني للطاقة المتجددة: “يؤكد الترتيب العالي من مجلة Windpower Monthly مرة أخرى على مكانة شركة SANY للطاقة المتجددة كواحدة من الشركات الرائدة عالميًا في مجال الطاقة الريحية. تقود تكنولوجيا الطاقة الريحية زمام المبادرة في دفع الابتكار الأخضر العالمي، والتطور السريع للطاقة الريحية يوفر فرصة جديدة كمصدر متجدد منخفض السعر وفعال للعالم لتحقيق طموح صفر تلوث. إن شركة ساني للطاقة المتجددة ستبني على خبرتها في مجال الطاقة المتجددة لدفع الاختراقات التكنولوجية للطاقة الريحية، مما يحقق قيمة أكبر للعملاء بمنتجات وخدمات عالية الجودة مع خلق مستقبل أكثر اخضرارًا بواسطة التصنيع الذكي.

Wind Turbine 1

تتمتع توربينات SE-17260 من شركة SANY للطاقة المتجددة، وهي عضو في سلسلة 6. XMW ، بأداء ممتاز في السوق منذ بدايتها العالمية. في عام 2022، حقق المولد طلبية شراء تبلغ 2400 ميجاوات وتم تركيبه في العديد من المشاريع في الصين، بما في ذلك شينجيانغ ومنغوليا الداخلية وجيلين وقانسو ومقاطعة هيبي. في نفس العام، تم توصيل جميع توربينات الرياح البرية البالغ حجمها 6.25 ميجاوات والبالغ عددها 64 توربينات في مزرعة بيداكياو السابعة للرياح، وهي أول مشروع تجاري لطاقة الرياح على نطاق واسع في الصين يضم طرازات 6. XMW ، بالشبكة لتوليد الطاقة، بإجمالي القدرة المركبة للمشروع تصل إلى 400 ميجاوات.

Wind Turbine 2

تم تجهيز المنصات البرية 6. XMW التابعة لشركة SANY للطاقة المتجددة بتصميم محمل فردي لسلسلة القيادة الرئيسية وتضم محول 35 كيلو فولت فوق الكنة. تم تحسينها من خلال أحدث تقنيات التحكم وتصميم النظام وتقنية المحاكاة الرقمية، وتعد توربينات الرياح من SANY أخف وزنًا وأكثر أمانًا واستقرارًا وأكثر ذكاءً. الترتيب الذي يضع توربينات SANY’s SE-17260 كواحد من أفضل توربينات الرياح البرية يسلط الضوء على قدرتها التنافسية القوية في السوق وريادتها التكنولوجية.

بالتطلع إلى المستقبل، ستواصل شركة SANY للطاقة المتجددة التركيز على رؤيتها التكنولوجية لتطوير برج أعلى، وتوليد طاقة أكبر، ووزن أخف مع شفرات أطول وقدرات ذكية أقوى، وتوفير حلول طاقة الرياح فعالة من حيث التكلفة لخفض تكاليف مزارع الرياح. لن يساعد ذلك في تحقيق قيمة أعلى للعملاء فحسب، بل يساعد أيضًا على تمكين الاقتصاد العالمي من الإسراع نحو أهداف التخلص من الكربون.

لمزيد من المعلومات عن مجموعة SANY يرجى زيارة  www.sanyglobal.com  أو متابعتنا على  Facebook  أو  YouTube  لمعرفة المزيد عن منتجات الشركة وآخر التطويرات.

معلومات الاتصال:

يولاندا رونغ،  rongy@sany.com.cn
خط المبيعات:
+86-731-85835199

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CBUAE launches a Financial Infrastructure Transformation Programme to accelerate the digital transformation of the financial services sector

ABU DHABI, In line with the vision of H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court, and Chairman of the Central Bank of the UAE’s (CBUAE) Board of Directors, the CBUAE today launched its Financial Infrastructure Transformation Programme (FIT programme) to accelerate the digital transformation in the financial services sector as part of a wider strategy aimed at enabling the CBUAE to be among the top central banks globally.

The FIT Programme aims to support financial services sector, promote digital transactions, and enable the UAE’s competitiveness to become the financial and digital payment hub and a centre of excellence for innovation and digital transformation through encouraging innovation and collaboration as well as competition in the financial sector.

The Programme comprises implementation of nine key initiatives. The first stage includes a series of digital payment infrastructures and services such as the launch of a Card Domestic Scheme, an Instant Payments Platform, and the issuance of Central Bank Digital Currency for cross-border and domestic uses. These digital payment initiatives will drive financial inclusion, promote payment innovation, security and efficiency, and achieve a cashless society.

As part of the FIT Programme, the CBUAE will strengthen its digital leadership by adopting advanced supervisory technologies and data management solutions to implement robust supervisory processes and ensure financial stability.

In assisting the financial industry to move forward to the digital decade, the next stage of the FIT Programme is to develop and implement a number of digital infrastructures, including the establishment of Financial Cloud, eKYC and Open Finance Platforms.

These digital infrastructures will improve regulatory compliance, reduce cost of operation, enhance innovation and customer experience, and most importantly, strengthen their security and operational resilience.

With a full integration set for 2026, the FIT Programme creates an important platform in support of the country’s “We the UAE 2031” vision and National Digital Economy Strategy.

It also further reinforces the CBUAE’s mission to enhance monetary and financial stability and consumer protection through robust financial infrastructure and the adoption of digital technologies.

Khaled Mohamed Balama, Governor of the CBUAE, said: “The FIT Programme embodies the directions and aspirations of our wise leadership towards digitising the economy and developing the financial sector. We are proud to be building an infrastructure that will support a thriving UAE financial ecosystem and its future growth.

He added: “We will work with our partners to implement the Programme, achieve its goals, accelerate the adoption of digital services in the financial sector and attract the best talent.”

Further details and implementation updates of each pillar of the FIT Programme will be announced in due course.

Source: Emirates News Agency

Abu Dhabi Chamber signs three MoUs to support private sector

ABU DHABI, In line with the launch of the Abu Dhabi Chamber of Commerce and Industry’s (ADCCI) new strategy for the next three years, the Chamber has signed three Memoranda of Understanding (MoUs) with the Federal Tax Authority (FTA), the Statistics Centre – Abu Dhabi (SCAD), and eBay, to support the private sector in the Emirate of Abu Dhabi and enable it to reach its full potential.

The signing of the MoUs comes as part of the Chamber’s efforts to promote the growth of Abu Dhabi’s economy by empowering the private sector.

It reflects the Chamber’s role as a policy advocator, networker, and service provider, as part of its new strategy.

Mohamed Helal Al Mheiri, Director General of the Abu Dhabi Chamber, stated, “The Chamber is proud to cooperate with leading local and international entities, who recognise its role as a trusted partner for the public and private sectors and a major supporter of private companies in Abu Dhabi. The Chamber strives to meet the needs of the private sector, provide private companies with knowledge and guidance, and familiarise them with the tax and legislative system.”

“The Chamber began the execution of its new strategy, which has already started bringing about positive outcomes, especially with the signing of these agreements. During the coming period, we will continue working to strengthen our partnerships and harness the required expertise to benefit the private sector in Abu Dhabi,” He added.

The MoU with the Federal Tax Authority aims to enhance cooperation and coordination in joint programmes, initiatives, and projects and establish working committees to overcome the challenges facing the private sector in the emirate. Under the terms of the MoUs, the two parties will also organise meetings and workshops for private companies and the business community to raise awareness about the tax regulations introduced in the UAE and enable them to take the necessary measures to ensure compliance with them.

Khalid Ali Al Bustani, Director General of the Federal Tax Authority, said: “The agreement between the Authority and the Abu Dhabi Chamber aims to strengthen cooperation to continue improving the services that support and assist businesses. This aligns with the Authority’s plans to maintain an environment that influences tax compliance by following the best standards of governance and transparency. The Authority is committed to strengthening its strategic partnerships with the public and private sector, which play a key role in successfully implementing the tax system.”

“On this occasion, we would like to thank the Abu Dhabi Chamber for its significant role in supporting this partnership, which aims to bring about great outcomes through enhancing the services provided to the stakeholders registered with the Authority. The partnership also aims to raise the level of tax awareness through the joint organisation of activities that promote tax culture among businesses and consumers, as well as inform all stakeholders about their rights and duties within the tax system to identify any obstacles that they may face and address them immediately,” He added.

The Chamber also signed an MoU with the Statistics Centre – Abu Dhabi (SCAD) to enhance cooperation between the two sides in data, exchange of experiences and knowledge, and developing statistical capabilities and competencies.

As part of the MoU, the two parties will provide accurate statistical products and develop and implement effective methodological frameworks and policies for data management through modern electronic systems, which will contribute to the organisation and integration of statistical work and support decision-makers in the emirate.

Ahmed Mahmoud Fikri, Director General of SCAD, said: “Data collaboration is imperative to the realisation of the ambitions of our wise leadership, which entails the establishment of an advanced and integrated statistical ecosystem equipped with modern technologies to aid policymakers and maintain the overall competitiveness of the Emirate of Abu Dhabi.”

He added: “The agreement with the Abu Dhabi Chamber of Commerce and Industry is an important step towards expanding the Chamber’s statistical abilities and taking full advantage of data collaboration with the support of advanced technologies and solutions which ensure integration between the two entities. It would result in promoting the growth of the commercial and industrial sectors and furthering the sustainable development goals of the Emirate of Abu Dhabi.”

Furthermore, the Chamber signed an MoU with eBay as part of its efforts to support the e-commerce sector. As part of the MoU, members of the Chamber will receive a free subscription to the eBay store for three months, and have the opportunity to take part in training courses, which are specifically designed to teach them how to create a new digital store and expand into an existing store on the eBay platform.

Jenny Hui, General Manager, Global Emerging markets at ebay, said “There are already many UAE businesses successfully selling on eBay, and in fact, an item from the UAE is sold on eBay every 2 minutes. We are excited and honoured to cooperate with our partner, the Abu Dhabi Chamber of Commerce, to help many more local businesses take their business globally, with unique support and benefits from eBay.”

The Abu Dhabi Chamber has launched its new three-year strategy for 2023-2025, which centres on serving the Abu Dhabi Economy and solidifying its position as the “Voice of the Private Sector.” In line with its new strategy, the Abu Dhabi Chamber aims to empower the private sector in Abu Dhabi and enhance its competitiveness, making Abu Dhabi the first choice in the MENA region for doing business by 2025.

Source: Emirates News Agency