Connect with us

Business

Beijing E-Town Builds an Internationally Leading Demonstration City for Embodied Intelligent Robot Industry

Published

on

robot industry

BEIJING, CHINA – Media OutReach Newswire – 28 August 2024 – As a pioneer in high-quality development for the new era, Beijing E-Town (BDA) is seizing the opportunity to lead the development of the embodied intelligent robot industry. The plan is to build a domestically leading and internationally first-class demonstration city for the embodied intelligent robot industry in two steps.

“By the end of 2026, we aim to achieve full coverage of over ten interactive service application scenarios, attract more than 100 innovative enterprises, gather over 1,000 high-end talents, and reach a mass production capacity of 10,000 embodied intelligent robots. By 2030, we plan to create an embodied intelligent robot innovation ecosystem characterized by ‘full-chain layout, full-stack autonomy, and comprehensive empowerment,’ establishing Beijing as a strategic base, a technological origin, an application demonstration, and a main industrial hub for embodied intelligent robots in China,” stated Kong Lei, Deputy Secretary of the Party Working Committee and Director of the Administrative Committee of the Beijing Economic-Technological Development Area (BDA), during the main forum on “Industrial Development” at the World Robot Conference 2024 (WRC 2024) on August 22.

To achieve the development goals of the demonstration city, Beijing E-Town will implement the “Five Priorities” plan. In terms of advancing key technologies, Beijing E-Town will focus on critical areas such as the “brain,” “cerebellum,” and “limbs” of embodied intelligent robots. It will support key enterprises in strengthening collaborative research on disruptive and leading technologies, accelerate the construction of an innovative industrial technology system, and seize the high ground in embodied intelligent robot technology.

To this end, Beijing E-Town will create an internationally competitive embodied intelligent “brain,” supporting robot companies in collaboration with AI enterprises to conduct research on key technologies of general-purpose large models in the field of embodied intelligent robots. It aims to develop an AI-based general-purpose model that integrates perception, decision-making, and control, achieving internationally advanced levels in task decomposition, execution task quantity, parameter quantity, and robot task capabilities.

Simultaneously, it will develop a globally leading motion control “cerebellum,” accelerate the development of full-body dynamics control algorithms for embodied intelligent robots, continuously improve the control accuracy of high-dynamic walking, and focus on breakthroughs in key technologies such as dynamic arm grasping, agile operations, and full-body coordinated motion control. Furthermore, it will expedite breakthroughs in integrated hardware-software visual technology.

Additionally, the initiative will deepen the systematic layout of critical “machine limbs,” engage in specialized R&D on high-strength, high-integration bodies, lightweight skeletons, high-precision sensors, and more to achieve internationally leading performance parameters. It will focus on critical components like high-performance dedicated chips, servo motors, and reducers to accelerate core technology breakthroughs, continuously improve the technical innovation system, build an efficient collaborative joint research mechanism, and encourage leading enterprises to form innovative consortia, leading upstream and downstream institutions in collaborative research.

Regarding core product advancements, Beijing E-Town will prioritize key products such as whole machines, core components, and software systems, accelerating the industrialization breakthrough of several essential foundational products, and constructing a three-dimensional product matrix of “whole-zero coordination” and “software-hardware integration.” In April this year, the general-purpose humanoid robot platform “Tiangong” was launched in Beijing E-Town, achieving the world’s first humanoid running with a full-sized pure electric humanoid robot.

Continuing to lead the industry, Beijing E-Town aims to develop high-performance whole machine products, establish the world’s first general-purpose embodied intelligent robot “hardware mother platform” and the first multi-capability embodied intelligent “software mother platform.” It will focus on typical fields such as 3C electronics manufacturing and new energy vehicle production, encouraging leading enterprises to develop low-cost interactive, high-precision, and high-reliability embodied intelligent robot whole machine products for extreme environments.

Moreover, it will guide enterprises in focusing on key components such as dedicated sensors, high power density actuators, controllers, and dedicated chips. Additionally, leveraging the leading role of the innovation highland in the information technology application innovation industry, it will develop a specialized operating system for embodied intelligent robots, and expedite the industrialization breakthrough of several essential foundational products.

From innovative achievements to practical implementation, application scenarios have always been a strong suit of Beijing E-Town. At the Xiaomi automobile factory, over 700 robots serve on the production line, and the country’s first certified AI catering robot has been deployed on the streets; the waterjet surgical robot won the 2024 World Intellectual Property Organization Global Award… “Robotics+” has become the norm here.

Moving forward, Beijing E-Town will advance the “first in application scenarios” strategy, leveraging its strong manufacturing base and diverse industrial application scenarios. It will explore the establishment of a composite layout for embodied intelligent robot applications in urban and industrial settings, take the lead in opening a batch of innovative application scenarios, continuously promote the matching of supply and demand in these scenarios, create a permanent robot exhibition hall, and build a city-level engineering test field. By increasing incentives for first-time applications and solutions, Beijing E-Town aims to provide strong support for the rapid deployment of “embodied intelligent robot+” application scenarios.

The area will precisely identify the needs of various fields such as manufacturing, livelihood, special equipment, and more, conducting application demonstrations in “embodied intelligent robots + industry,” “embodied intelligent robots + elderly care,” “embodied intelligent robots + emergency response,” “embodied intelligent robots + education and entertainment,” and “embodied intelligent robots + specialized fields.”

In terms of “leading” in the corporate hierarchy, Beijing E-Town will focus on nurturing leading enterprises in the embodied intelligent robot industry, supporting a group of companies that play a leading role in the embodied intelligent robot industry chain. It will gather leading enterprises with core technologies and independent intellectual property rights and cultivate innovative small and medium-sized enterprises (SMEs), promoting the integrated development of large, medium, and small enterprises and fostering the growth of embodied intelligent robot companies.

Beijing E-Town will also implement an “industry ecosystem pioneering” plan, closely aligning with the entire development needs of the industry chain, enhancing data, platforms, services, and capital resources, and continuously creating an environment that attracts talent from near and far. The goal is to build the largest and most information-dense open-source embodied intelligent dataset in the industry, a phased open-source sharing model, and a “rainforest-style” full-industry-chain ecosystem for embodied intelligent robots characterized by “resource coordination, element aggregation, and innovative collaboration.”

Kong Lei explained that, as the permanent venue for the World Robot Conference, Beijing E-Town has established the “Five Ones” working mechanism: “one park, a batch of platforms, one center, one fund, and a group of talents,” to accelerate the construction of a national hub for the robotics industry.

At last year’s World Robot Conference, Beijing E-Town released a three-year action plan for high-quality development of the robotics industry. Guided by this plan, Beijing E-Town has accelerated the aggregation of innovative elements, significantly improved innovation capabilities, fully released innovative vitality, and continuously strengthened innovation entities.

To date, it has more than 100 robot ecosystem enterprises, over half of which are specialized and innovative enterprises, with a total output value of nearly 10 billion yuan, accounting for 50% of the city’s robotics industry. It has achieved independent control over key components such as precision reducers and high-performance servo starters and made innovative breakthroughs in products like specialized intelligent drilling machines.

Particularly in the embodied intelligent robot industry, Beijing E-Town has focused on building high-energy innovation platforms represented by the Beijing Embodied Intelligence Robot Innovation Center and has established leading companies such as UBTECH, along with key component companies like Chietcom, Tsino-Dynatron, and Lingzu Times, essentially forming a complete embodied intelligent robot industry chain that covers core components, main bodies, and applications.

Kong Lei stated that as the main hub for high-end industries in Beijing, Beijing E-Town has established the “44637” development framework, which includes four national strategies as its guidance (focused on building a national highland for the integrated circuit industry, continuously creating the world’s first high-level autonomous driving demonstration zone, constructing a high-quality national information technology application innovation base, and establishing the country’s first data infrastructure pilot zone at a high standard). It also consolidates and strengthens four leading industries (new-generation information technology, new energy and intelligent connected vehicles, biotechnology and big health, robotics and intelligent manufacturing), comprehensively deploys six future industries (future information, future health, future manufacturing, future energy, future materials, and future space), enhances three integration empowerments (digital-physical integration, industrial-financial integration, and cultural-scientific integration), and builds seven support systems (industrial organization, innovation cultivation, resource guarantee, talent services, open collaboration, urban vitality, and party leadership).

Moving forward, Beijing E-Town will consistently adhere to the principle that “what the country needs is what E-Town will do, what enterprises need is what E-Town will facilitate, and what talent needs is what E-Town will provide.” With a more open stance, more precise policies, more efficient services, higher-quality ecosystems, and a more sustainable environment, Beijing E-Town aims to provide comprehensive, full-process, and all-element support for talent investment, business development, and enterprise innovation.

Business

China-India ties at 75: ‘Dragon-Elephant Tango’ will benefit both

Published

on

diplomatic relations

BEIJING, CHINA – Media OutReach Newswire – 3 April 2025 – CGTN published an article on China-India relations as the two Asian neighbors celebrate the 75th anniversary of the establishment of diplomatic relations, exploring the bilateral cooperation and exchanges and emphasizing why working together will benefit both countries, the region and the world.
China and India celebrated the 75th anniversary of the establishment of diplomatic relations on Tuesday with mutual congratulatory messages from their leaders.

In his message to Indian President Droupadi Murmu, Chinese President Xi Jinping described China-India ties as the “Dragon-Elephant Tango,” symbolizing a harmonious partnership between the countries’ emblematic animals. He noted that realizing the “Dragon-Elephant Tango” is the right choice for the two sides, as it serves the fundamental interests of both countries and their peoples.

China-India relations have made positive strides over the past year. Last October, President Xi and Indian Prime Minister Narendra Modi met in Kazan, Russia, signaling a new phase of engagement. Since then, both sides have worked to implement the important consensus reached by the two leaders, strengthening exchanges at various levels and achieving a series of positive outcomes.

‘Partners of mutual achievement’

Noting that China and India, as ancient civilizations, major developing countries and important members of the Global South, are both at a critical stage of their respective modernization efforts, Xi called on the two sides to be partners of mutual achievement.

In an interview with CGTN, Harsh Pant, vice president for Studies and Foreign Policy at the leading Indian think tank Observer Research Foundation, pointed out that the two major economies should engage with each other much more substantively on economic matters amid simmering global trade tensions.

“If they continue to work according to the principles of free and open global trade, I think that can inspire other countries to do the same,” he noted.

He added the cooperation between the two sides could bring long-term sustainability to the current global economic order.

China reclaimed its position as India’s top trading partner last year, surpassing the United States after a two-year gap, according to the latest report from the Global Trade Research Initiative. Bilateral trade between the two Asian giants reached $118.4 billion in 2024, reflecting a four-percent increase from $113.8 billion in 2023.

Both countries have leveraged their strengths in technology and production. While China remains a vital supplier of industrial goods such as electronics, machinery and chemicals, it imports pharmaceuticals, agricultural products and software services from India.

Beyond trade, cultural exchanges have also played a vital role in strengthening ties. In January, China and India agreed to resume direct passenger flights and take steps to facilitate travel and journalist exchanges.

In the first quarter of this year, around 70,000 visas were issued, representing about a 15-percent year-on-year increase, according to Chinese Ambassador to India Xu Feihong.

‘Sound, steady development’ of ties

President Xi called on both sides to enhance strategic mutual trust, strengthen exchanges and cooperation in various fields, deepen communication and coordination in major international affairs, jointly safeguard peace and tranquility in the China-India border area, promote a sound and steady development of bilateral relations, and contribute to world peace and prosperity.

In a recent interview, Modi emphasized the need to strengthen ties with China despite past tensions, advocating dialogue over discord and cooperation over conflict.

Recent months saw frequent exchanges between the two sides at all levels. Chinese Foreign Minister Wang Yi and Indian External Affairs Minister Subrahmanyam Jaishankar met several times at multilateral events. The two countries held the 23rd meeting of Special Representatives for China-India Boundary Question in Beijing in December, 2024, as well as China-India Vice Foreign Minister-Foreign Secretary Dialogue in January, reaching broad consensus on bilateral relations, practical cooperation, and boundary issues.

Ambassador Xu noted that such frequent and constructive interactions have been rare in recent years, signaling that China-India relations are at a crucial stage of improvement and development. Moving forward, both sides will need to further overcome obstacles, remove disruptions, and take proactive steps to sustain and build on this positive momentum, he said.

https://news.cgtn.com/news/2025-04-02/Why-realizing-Dragon-Elephant-Tango-is-right-choice-for-China-India-1Cf7KsMpJiU/p.html

Continue Reading

Business

Centurion Law Group (CLG) Granted CEMAC Tax Accreditation, Reinforcing Position as Regional Legal Partner

Published

on

Centurion Law Group

As the CEMAC region pursues accelerated growth across its oil, gas and mining industries, CLG’s accreditation will strengthen its position as a partner for multinational companies active across the region

SANDTON, South Africa, April 3, 2025/APO Group/ –Legal, tax and business advisory conglomerate CLG (www.CLGGlobal.com) – formerly Centurion Law Group – has officially been approved as a Central African Economic and Monetary Community (CEMAC) tax advisor by the CEMAC Standing Committee on Fiscal and Accounting Harmonization. CLG Tax and Legal will provide its full suite of tax services across all CEMAC member countries, supporting business and transactions across various strategic fields, including oil, gas and mining.

The tax certification not only comes as part of a broader restructuring of CLG’s tax and legal services offerings, aimed at positioning the firm to better serve clients throughout the region with integrated solutions, but as the CEMAC region pursues accelerated growth across its strategic economic sectors. Specifically, the region’s oil and gas sector is on track for rapid growth, as nations implement ambitious production targets. The Republic of Congo aims to produce 500,000 barrels per day (bpd) by 2027; Gabon targets 220,000 bpd in the short-term; while Equatorial Guinea and Cameroon are scaling-up gas monetization. These targets require significant levels of investment and CLG stands ready to support transactions and broader economic growth.

Given the potential of the CEMAC region’s natural and mineral resources, project developers and investors have already begun to expand their presence across the region. In the Republic of Congo, TotalEnergies is investing $600 million in the Moho Nord project; Trident Energy recently acquired stakes in the Nkossa, Nsoko II, Lianzi and Moho-Bilondo fields; while Perenco increased production at the Tchibouela II and Tchendo II fields following a $30 million investment. In Gabon, wildcat drilling is underway on Blocks BC-9 and BCD-10 while Perenco advances the $1 billion Cap Lopez LNG terminal toward a 2026 start. In Equatorial Guinea, the country is preparing to launch an oil and gas licensing round while Cameroon drives a gas-to-industry agenda. Further developments in Chad are underway, highlighting the region’s potential as a major producing hub.

The CEMAC accreditation aligns with our strategy to support impactful transactions in Africa and we look forward to strengthening our presence across the continent

Stepping into this picture, CLG’s accreditation will serve to further support current and future transactions. Over the past decade, CLG has significantly grown its tax practice, providing comprehensive tax advisory and compliance services to numerous multinational companies operating across Africa. This sustained growth reflects CLG’s commitment to meeting the complex tax needs of investors and businesses on the continent, from corporate tax planning and regulatory compliance to cross-border taxation strategies.

“By bolstering our tax practice in the CEMAC region, CLG continues to establish itself as a one-stop-shop for investors in the region and across the continent. The CEMAC accreditation aligns with our strategy to support impactful transactions in Africa and we look forward to strengthening our presence across the continent,” stated Zion Adeoye, CEO and Managing Partner of CLG.

CLG already has a strong presence in Africa, with offices in South Africa, Nigeria, Mauritius, Ghana, the Republic of Congo, Cameroon, Equatorial Guinea, Namibia and South Sudan. The company caters to a diverse portfolio of multinational companies operating globally, delivering bespoke solutions tailored to address the unique challenges and complexities faced by clients in different industries. CLG’s expertise covers energy, infrastructure, mining, agriculture and ESG, to name a few. For the CEMAC region, CLG’s extensive network and growing expertise positions the firm as strategic partner for regional and global firms. As companies expand their presence across the region, CLG’s agile, integrated approach – underpinned by its local roots and depth of experience – demonstrates the rising prominence of African advisory firms on the global stage. The CEMAC tax certification not only expands CLG’s regional service coverage but also solidifies its reputation as a trusted partner for businesses navigating Central Africa’s evolving tax landscape.

“CLG’s deep understanding of its clients’ businesses, collaborative approach with local authorities, multinational orientation and highly experienced local teams are some of the factors that set our tax practice apart in the region,” stated Daoudou Mohammed, CLG Tax and Legal Director.

Distributed by APO Group on behalf of CLG

Continue Reading

Business

Emerging Markets-Focused Fintech Platform PalmPay Unveils New Debit Card in Nigeria with Verve

Published

on

PalmPay

The new PalmPay Debit Card brings advanced features such as savings yield on deposits and merchant rewards within reach for mass market users in Nigeria

LAGOS, Nigeria, April 3, 2025/APO Group/ –PalmPay (www.PalmPay.com), a leading digital bank and fintech platform focused on emerging markets, has launched the PalmPay Debit Card in Nigeria in partnership with Verve, Africa’s largest domestic card scheme.

The launch of its debit card represents a key milestone in PalmPay’s evolution – from a mobile wallet known for it’s fee-free transfers and cashback rewards into a full-service digital banking platform offering an integrated ecosystem for payments, savings, credit, insurance, and now, card access.

The new PalmPay Debit Card brings advanced features such as savings yield on deposits and merchant rewards within reach for mass market users in Nigeria. With zero maintenance fees, a simple in-app application process, and nationwide delivery, PalmPay aims to convert millions of its 35 million users to become cardholders this year. The card is accepted at all merchants in the Verve network, and supports both debit and contactless transactions.

“This launch is another step forward in our mission to deliver accessible, reliable and rewarding financial services.“ said Sofia Zab, Chief Marketing Officer at PalmPay. “With the PalmPay Debit Card, we are expanding our ecosystem and enabling our users to pay and earn rewards at even more touch points, including across offline and online commerce. And for merchants, this opens up new opportunities to reach millions of Nigerian digital consumers and collaborate with us to build reward-driven experiences that boost loyalty and sales.”

Alongside the standard debit card, PalmPay is also rolling out PalmPay Premium, a new reward scheme and card designed for high-volume users. It offers enhanced perks such as priority support, advanced financial tools, and exclusive merchant benefits.

With the PalmPay Debit Card, we are expanding our ecosystem and enabling our users to pay and earn rewards at even more touch points, including across offline and online commerce

With over 35 million users and a growing network of 1.1 million agents and merchants in Nigeria – and operations in Tanzania, Ghana, and Bangladesh – PalmPay is building a next-generation financial ecosystem designed to empower consumers and businesses in emerging markets. PalmPay processes up to 15 million transactions daily, underscoring the scale and reliability of its platform.

In addition to its digital banking services, PalmPay provides a suite of B2B offerings for local MSMEs and international merchants, including:

  • Smart POS terminals and a business app
  • Payment orchestration and checkout solutions
  • Bulk payment tools via a self-service merchant portal
  • APIs for embedding and reselling PalmPay’s services
  • Direct integration of services into the PalmPay consumer and business apps

 

“At PalmPay, we believe that building a thriving digital economy requires collaboration. From lending and insurance providers to card schemes like Verve, our ecosystem is powered by strategic partnerships.”, said Jiapei Yan, Chief Commercial Officer of PalmPay. “The launch of our debit card is another example of how we are combining cutting-edge technology with our partner strengths to deliver inclusive financial services at scale – and in doing so we empower businesses targeting Africa to grow faster, reach more customers and unlock more revenue streams.”

Vincent Ogbunude, Managing Director of Verve International, added: “We are proud to partner with PalmPay on this important milestone. Our alliance reflects our shared mission of accelerating financial inclusion and delivering payment innovation that meets the needs of African consumers.”

From zero-fee transfers and high-yield savings to instant credit, insurance, and now cards, PalmPay is redefining what digital banking in emerging markets can look like – personalised, comprehensive, and accessible to everyone.

As international businesses seek entry into Africa’s dynamic digital economy, PalmPay offers a trusted platform with the infrastructure, user base, and reach to help them scale.

Distributed by APO Group on behalf of PalmPay

Continue Reading

Trending