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Beijing E-Town Creates a Hub for Robotics and Intelligent Manufacturing Industries

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Beijing E-Town

BEIJING, CHINA – Media OutReach Newswire – 27 August 2024 – On August 21, the highly anticipated World Robot Conference 2024 (WRC 2024) grandly opened at the Beijing Etrong International Exhibition & Convention Center, once again drawing global attention to the Beijing Economic-Technological Development Area (Beijing E-Town). As the main hub for high-end industries in the capital, Beijing E-Town has fully utilized the platform of WRC to promote the integration of production and conferences, meticulously planning industry connections and project promotions, and conducting in-depth industry forums, visits, exchanges, and project roadshows to facilitate more technological innovation achievements in the development area.

By the second day of the conference, Beijing E-Town had signed a total of 22 key projects, primarily covering two major sectors: the embodied intelligence ecosystem and components + intelligent manufacturing, further enhancing its role as a gravitational field for the robotics and intelligent manufacturing industries.

As the permanent venue of the World Robot Conference, Beijing E-Town has taken this opportunity to deeply engage in the conference, fully showcasing its strength and appeal as the primary hub for high-end industries in the capital. Zhang Qiang, Secretary of the Party Working Committee of the Beijing Economic-Technological Development Area (BDA), and Kong Lei, Deputy Secretary of the Party Working Committee and Director of the Administrative Committee of the Beijing Economic-Technological Development Area (BDA), led teams to meet face-to-face with over ten well-known robot manufacturing companies, international organizations, investment institutions, and scientists from various countries and regions. They listened attentively, investigated the development status of the artificial intelligence industry, and introduced in detail the development and policy situation of Beijing and Beijing E-Town’s AI industry, aligning resource needs, demonstrating sincerity, and seeking cooperation.

Zhang Qiang introduced to the enterprises that Beijing, as the region with the highest density of AI talent, the best innovation foundation, the most complete key links, the largest industry scale, and the strongest competitiveness in the country, has achieved a series of nationally and globally pioneering technological achievements. As a trailblazer for high-quality development in the new era and a “ballast stone” for the capital’s real economy, Beijing E-Town is deeply implementing the national “AI+” strategy and the decisions and deployments of the Beijing Municipal Party Committee and Municipal Government. It positions artificial intelligence as a key engine to vigorously advance the development of new-quality productive forces, fully leveraging its innovative resource advantages to plan and cultivate an AI industry aligned with the industrial system, strongly supporting the construction of Beijing as an international center for technological innovation and the innovative development of future industries.

Kong Lei explained that Beijing E-Town is vigorously building an innovative system that spans from algorithm breakthroughs and model development to scenario creation and industrial transformation, constructing a city of artificial intelligence for the future. The first batch of ten benchmark application scenarios, including “AI + humanoid robots,” is under construction. Here, centered around “large models + big data + massive computing power,” support is provided for building the Beijing Artificial Intelligence Data Training Base to solidify the foundation of the AI industry. Currently, 5000P high-performance intelligent computing power has been put into use, with a planned computing power scale exceeding 10,000P. Relying on the data aggregation platform, a high-quality data zone is being constructed, implementing a “regulatory sandbox” mechanism for data compliance and scenario application for large model training, providing a secure and trustworthy application training environment. Additionally, the Beijing Artificial Intelligence Data Training Base has been established to help large models develop the “strongest brain.”

At the “Embodied Intelligence Industry Trends and Future Development Forum” held on August 22 during the WRC 2024, Beijing E-Town signed agreements with eight companies, including the Beijing Embodied Intelligence Robot Innovation Center, Beijing Chietcom Transmission Technology Co., Ltd., and Beijing Ant Non-standard Technology Co., Ltd., for projects involving a “national-level” embodied intelligence innovation platform that addresses common industry issues, a domestically leading flexible and agile manufacturing service for industrial components to supplement the synergy of high-end manufacturing industries, and the independently developed high-precision reducers that achieve domestic substitution. With this, Beijing E-Town has signed a total of 22 key projects during this year’s robot conference.

With its official renaming from “Beijing Humanoid Robot Innovation Center” to “Beijing Embodied Intelligence Robot Innovation Center” (referred to as the Innovation Center), the national-level embodied intelligence innovation platform will accelerate its development in Beijing E-Town. “In November 2023, with support from the Beijing Municipal Government and attraction from Beijing E-Town, as the first innovation center in China focusing on the core technologies, product development, and application ecosystem of humanoid robots, we registered and settled in E-Town. In April this year, we also launched China’s first general-purpose robot platform, ‘Tiangong,’ achieving the world’s first humanoid running with a full-sized pure electric humanoid robot,” said Xiong Youjun, General Manager of the Innovation Center. “Next, we will focus on tackling major projects in response to the urgent needs of national strategic priorities, creating the world’s first general humanoid robot ‘hardware mother platform’ and the first large model + open-source motion control system ‘software mother platform.’ This will support the development of bodies for multiple application fields, solve ‘bottleneck’ problems that restrict industrial development, lead the high-quality development of China’s robotics industry, and enhance its global competitiveness.”

Seizing the opportunities in the development of embodied intelligent robots, Beijing E-Town has also attracted a number of embodied intelligence ecosystem enterprises, including projects like IAT’s AI.X Lab. Additionally, in the components + intelligent manufacturing sector, Beijing E-Town shows a high-end layout in cutting-edge fields, whether by promoting investment expansion or introducing new partners. Chietcom, which has been established in Beijing E-Town for six years, plans to invest 300 million yuan to build its headquarters, an industrial and humanoid robot high-precision reducer technology research and development center, and an intelligent manufacturing production line. The aim is to establish a globally leading engineering test platform and comprehensive testing platform, aspiring to become a leading R&D and manufacturing center and innovation hub for high-precision reducers for industrial and humanoid robots in China. The Ant Factory, a leading domestic provider of flexible and agile manufacturing services for industrial components, will invest in building a 40,000-square-meter advanced manufacturing base in Beijing E-Town. By 2025, it is expected to establish local service capabilities, significantly reducing the time for local enterprises to process component designs.

Meanwhile, leveraging its spatial carrying advantages, Beijing E-Town Robot Technology Industry Development Co., Ltd., as a platform company, has signed five projects on-site, including the Ti5 humanoid robot project and the Neurocean’s “Dexterous Hand” project, which will be located in the Beijing Robot Industry Park at Courtyard 3, Jinghai 5th Road, Beijing E-Town.

As the permanent venue for the World Robot Conference, Beijing E-Town has formed the “44637” development system, which is guided by four national strategies, consolidates and strengthens four leading industries, comprehensively deploys six future industries, enhances three integrated empowerments, and builds seven supporting systems. Among these, the output value of the robotics and intelligent manufacturing industries is nearly 100 billion yuan. An official from the Beijing Economic-Technological Development Area stated, “With the landing of a new batch of key projects, innovation resources and industry chain support have been further improved, accelerating the gathering of international talents, technology, capital, and other industrial cluster elements. Using the conference as a medium, Beijing E-Town will accelerate the breakthrough development of the robotics and intelligent manufacturing industries, positioning more new-quality productive forces for future industrial layouts.”

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

Distributed by APO Group on behalf of Energy Capital & Power.

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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IsDBI

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

Distributed by APO Group on behalf of Energy Capital & Power.

 

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