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CGTN: China Vows to Open Wider, Share Development Opportunities With World

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BEIJING, Nov. 4, 2021 /PRNewswire/ — China on Thursday reaffirmed its commitment to opening wider and sharing development opportunities with the world. It pledged to further expand import and “pursue balanced development of trade.”
The country also called on the international community to promote and improve economic globalization while rejecting unilateralism and protectionism.

“We will not change our resolve to open wider at a high standard; we will not change our determination to share development opportunities with the rest of the world; and we will not change our commitment to an economic globalization that is more open, inclusive, balanced and beneficial for all,” Chinese President Xi Jinping said when delivering a keynote speech via video at the 4th China International Import Expo (CIIE).

Launched in 2018, the annual CIIE is the first dedicated import exhibition in the world. This year’s expo is scheduled from Friday to next Wednesday in Shanghai, east China.

20th anniversary of China’s WTO accession

This year marks the 20th anniversary of China’s accession to the World Trade Organization (WTO). Xi reviewed the country’s progress in deepening reform and expanding openness during the past two decades.

“China has fully delivered on its accession commitments,” he said. “Its overall tariff rate has been cut from 15.3 percent to 7.4 percent, lower than the 9.8 percent accession commitment.”

China’s central government has reviewed and revised over 2,300 laws and regulations, and local governments have reviewed and revised 190,000, he added.

To facilitate the global fight against COVID-19, China has provided about 350 billion masks and over 1.6 billion doses of vaccines to the international community, he noted.

China has grown from the world’s sixth-largest economy to the second largest over the past two decades; meanwhile, its trade in goods has grown from the sixth to the largest in the world, and trade in services from the 11th to the second, according to Xi.

“The past 20 years have witnessed a China deepening reform and pursuing all-round opening-up, a China seizing opportunities and rising to challenges, and a China stepping up to its responsibilities and benefiting the whole world,” he said, describing opening as the “hallmark of contemporary China.”

China to ‘lay more emphasis on expanding import’

The CIIE is an important platform to promote global free trade and international cooperation. From 2018 to 2020, the intended turnover of the previous three expos reached about $201.6 billion. The 4th CIIE is expected to attract nearly 3,000 businesses from 127 countries and regions.

China has been the world’s second-largest importer for 11 consecutive years, according to the Ministry of Commerce. And Xi said the country will make more efforts to boost import.

“China will open more demonstration zones for creative promotion of import trade, optimize the catalog of retail imports via cross-border e-commerce, encourage the on-site processing of imported goods from trading between border residents, and increase imports from neighboring countries,” he announced.

China’s total imports and exports expanded 22.7 percent year on year to 28.33 trillion yuan (about $4.38 trillion) in the first three quarters of 2021, data from the General Administration of Customs showed. Both exports and imports continued double-digit growth in the first nine months of the year, surging 22.7 percent and 22.6 percent from a year earlier, respectively.

“Going forward, China will lay more emphasis on expanding import, and pursue balanced development of trade,” Xi said.

The country will firmly safeguard true multilateralism, share market opportunities with the rest of the world, promote high-standard opening-up, and uphold the common interests of the world, he stressed.

China will shorten the negative list for foreign investment, and revise and enlarge the encouraged industry catalog to guide more foreign investment toward sectors such as advanced manufacturing, modern services, high and new technology, energy conservation and environmental protection, he said.

China will “work actively for joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP),” he said. The country has officially applied to join the CPTPP, a free trade agreement between 11 countries, including Australia, Canada, New Zealand, Singapore and Vietnam.

Xi added that China will promote high-quality Belt and Road cooperation to bring more benefits to countries taking part in the initiative.

“China stands ready to work with all countries to build an open world economy so that the spring breeze of openness will bring warmth to all parts of the world,” he said.

https://news.cgtn.com/news/2021-11-04/Xi-Jinping-addresses-opening-ceremony-of-CIIE-14V5bYl3lny/index.html

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Original Source: easternherald.com

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Zype Recognized for OTT Leadership and Product ROI During OTT Executive Summit Awards Presentation

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Zype Playout 2.0 recognized for ‘Best ROI’ and Matt Moore, SVP of Product, named ‘OTT Guru’ at 2021 awards ceremony

NEW YORK, Dec. 2, 2021 /PRNewswire/ — Zype, the leading video API and infrastructure platform, today announced it received two awards during the OTT Executive Summit conference. Zype Playout 2.0 was recognized for “Best ROI” in the company awards category. Additionally, Matt Moore, Zype’s SVP of Product, was named “OTT Guru ” in the individual category which identifies the executives who contributed to the most insightful learning and discussions during the event.

The “OTT Genius” and “Best of Show” Awards Presentation took place on November 18, the final day of the 2021 OTT Executive Summit. Award winners were voted on and chosen by those who attended and participated in the event. The OTT Executive Summit is a global, three-day conference that brings together the top minds in video content, distribution, and technology to discuss how OTT is enabling new business models for both traditional Pay TV providers and streaming video innovators.

“We congratulate Zype for being named Best ROI at OTT Executive Summit,” said Brian Mahony, CEO of Trender Research and President of OTT Executive Summit. “Best ROI is determined as the product or service best able to provide a financial return on investment for new OTT services or existing ones wishing to scale up. This honor was awarded solely by impressing the 1,500+ mostly executive-level attendees of the Summit, who alone vote.”

“Furthermore, I’m very pleased to announce that Zype’s Head of Product, Matt Moore, was named OTT Guru,” continued Mr. Mahony. “This is another high honor bestowed solely by attendee feedback. Matt clearly made the case for Zype, showing the value that they provide to OTT services big and small, existing or new.”

“Best ROI” – Playout 2.0

Zype Playout 2.0 was selected among 10 other OTT products and services during the “Product Speedcase” session of OTT Executive Summit. Playout 2.0 is the newest version of Zype’s award-winning live linear solution that allows users to easily build and monetize linear TV channels through drag-and-drop programming of live or on-demand videos into linear streams for digital distribution. Playout 2.0 manages all aspects of programming, distribution, and monetizing linear playout channels. The latest version also includes new analytics dashboards that provide content performance insights to measure engagement and ROI.

Playout 2.0 represents a new generation of live-linear streaming capabilities that make it possible for anyone to curate a diverse range of content types and formats into a singular linear channel. With Playout 2.0, content owners can find new life in existing assets and further monetize existing content libraries by building digital linear channels for streaming platforms. Playout 2.0 makes it simple to build and grow curated linear FAST channels, whether for always-on, pop-up, seasonal or programming marathon use cases. Providing one consolidated platform to ingest content, curate live or VOD programming into linear streams, monetize the content, and distribute to multiple digital endpoints, Playout 2.0 lowers the time, cost and expertise required to grow viewership of linear content on OTT, mobile and social video platforms.

“OTT Guru” – Matt Moore – SVP Product at Zype

Moore was recognized as “OTT Guru” for his OTT insights during the “Product Speedcase: 5 Minute Demo” of Playout 2.0. Moore is a seasoned media development leader with a proven track record of growing audiences and revenue by connecting content with technology. He joined Zype earlier this year as the VP of Product for Connectors after spending 10 years focusing on content distribution and platform partnership efforts at several media properties, including Vox Media, National Geographic, and Discovery Channel. In this time, Moore built content programs that expanded video, text, and audio publishing across social platforms, TV apps, cable networks, voice assistants, news apps, and OEM devices. Moore’s focus at Zype is on connecting meaningful, user-focused video experiences with the tools that media organizations need to build, manage, and grow their multi-platform content strategies.

“The OTT Executive Summit awards are especially rewarding because they are voted on by industry professionals and leaders who attend the event,” said Ed Laczynski, CEO at Zype. “It’s encouraging to see the industry traction around Playout 2.0. It was also a pleasure to see one of our top executives recognized by his peers for his deep industry knowledge. Matt is truly deserving of the award. His success in connecting OTT technology with content to grow audiences is unmatched.”

For more information about Zype and Playout 2.0, visit: zype.com/product/playout or https://www.zype.com/.

About Zype

Zype is the infrastructure for digital video, providing a cloud-based platform to manage and distribute enterprise-grade video across web, mobile, TV, and social media. Offering both developer-friendly tools such as customizable APIs as well as turnkey solutions for automated publishing and app creation, Zype’s SaaS enables video creators, publishers or distributors to quickly build, launch and manage superior video products at scale. With a wide ecosystem of video connectors and technology partners and an award-winning support team, Zype’s customers confidently increase reach, engagement and monetization by delivering premium entertainment experiences. Founded in 2014 and headquartered in New York, Zype is a privately held company with over 300 customers worldwide. www.zype.com.

Contact:Guy MurrelCatapult for [email protected] (303) 581-7760

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ElectrifAi Showcases Pre-Structured Machine Learning Models With SquareOne at Smart Data Summit

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Delivering fast and reliable machine learning business solutions.
JERSEY CITY, N.J., Nov. 17, 2021 /PRNewswire/ — ElectrifAi, one of the world’s leading companies in practical artificial intelligence (AI) and pre-built machine learning (ML) models, is showcasing pre-structured ML models today with SquareOne at Smart Data Summit in Dubai.

ElectrifAi has one of the largest libraries of pre-structured ML models that has been built and battle-tested since 2004. We have also developed advanced Computer Vision models that drive workplace safety as well as reduce costs. Combined with our Machine Learning as a Service (MLaaS) offering, we are helping companies quickly realize the benefits of AI and ML.

Most companies understand that their data is a powerful, untapped asset. However, companies struggle simply to access and clean their data. Many of these same companies conclude machine learning is a distant possibility reserved only for the largest, most sophisticated Tier One players. Not anymore. With ElectrifAi’s MLaaS, large and small companies alike can extract value from their data and turn it into a strategic weapon to drive revenue, reduce costs, and/or risk. MLaaS makes it easy for companies struggling with their data or who lack robust data science and data engineering teams.

MLaaS enhances the efficiencies and convenience of ML. It is developed, maintained, and operated by ElectrifAi. Delivered as a full business function powered by AI and ML, it seamlessly connects to our client’s cloud or on-premises workloads and no ML experience is needed. We ensure the MLaaS offering provides our clients with a faster, better, cheaper, and substantially less risky way to achieve ML. With ElectrifAi’s MLaaS, clients can get ML solutions fast without the time-consuming hassle and expense of building ML from scratch.

Part of our MLaaS offering are the following pre-structured ML models: Computer Vision, Demand Forecasting, Inventory Optimization, Dynamic Pricing, Scheduling Optimization, Predictive Maintenance, Customer Engagement, A/R Collections and Invoice, as well as SpendAi and ContractAi. The Computer Vision models include solutions for Upstream, Midstream, and Downstream oil and gas companies.

ElectrifAi’s pre-structured ML models are business-ready and proven in the real-world. With a fast time-to-deployment and lower project risk, we do all the heavy lifting for our clients. Clients describe their business use case and we tell them what data is needed to run the best ML solution to solve their business problems. We train, operate and deploy the models and quickly deliver results.

“We are excited to showcase our pre-structured machine learning models and MLaaS at the Smart Data Summit. It’s all about time-to-value and turning data into a strategic weapon with high ROI use cases. With our pre-structured models, companies who struggle with data or who lack deep data engineering and data science expertise can quickly enjoy the benefits and power of machine learning and computer vision. Similarly, larger companies who have invested in platforms or who have capable internal technical teams can further accelerate with ElectrifAi’s MLaaS and pre-structured models. Why wait for machine learning? With our MLaaS offering, you can achieve machine learning in 8-12 weeks versus 8-12 months to build new models.” – Edward Scott, CEO, ElectrifAi

About ElectrifAi

ElectrifAi is a global leader in business-ready machine learning models. ElectrifAi’s mission is to help organizations change the way they work through machine learning: driving revenue uplift, cost reduction as well as profit and performance improvement. Founded in 2004, ElectrifAi boasts seasoned industry leadership, a global team of domain experts, and a proven record of transforming structured and unstructured data at scale. A large library of Ai-based products reaches across business functions, data systems, and teams to drive superior results in record time. ElectrifAi has approximately 200 data scientists, software engineers and employees with a proven record of dealing with over 2,000 customer implementations, mostly for Fortune 500 companies. At the heart of ElectrifAi’s mission is a commitment to making Ai and machine learning more understandable, practical and profitable for businesses and industries across the globe. ElectrifAi is a global company with offices in Miami, Jersey City, Shanghai and New Delhi.

About Square One

SquareOne helps organizations exponentiate their potential by partnering up with industry leaders in solutions, providing our clients a complete digital vision leveraged by the latest in tech and complete implementation with our team of experts. Square One helps organizations in their digital transformation journey with visionary, world-class software applications, powered by an experienced and committed professional team with vast experience and focus on customer delight. Square One spot early global technology trends in the digital initiatives space, partner with the best and furiously learn and bring these platforms and solutions to the region. SquareOne is the region’s leading provider of business transformation technologies, powered by best-in-class software solutions and profound knowledge of local enterprise needs from over a decade of experience, enabled by a passionate team of professionals whose expertise spans across multiple industry verticals.

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L’OCCITANE Acquires Majority Stake in Brazilian-inspired Premium Beauty Brand Sol De Janeiro

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GENEVA, Nov. 15, 2021 /PRNewswire/ — The L’OCCITANE Group, an international group that manufactures and retails beauty and well-being products that are rich in natural and organic ingredients, is pleased to announce its acquisition of a majority stake in Sol de Janeiro, an innovative leader in the global prestige body care market. Born of an authentic Brazilian philosophy of celebration and joy, Sol de Janeiro is a fast-growing, award-winning lifestyle skincare brand beloved by multi-generational, modern and global consumers from millennials to Gen Z.

Founded in the US in 2015 as a results-driven premium body care brand with highly efficacious ingredients sustainably sourced from Brazil, Sol de Janeiro is one of the fastest-growing premium skincare brands in North America, with success across body care, fragrance and hair care products. It sells both directly to consumers through its website and through various premium retailers across the globe.

The acquisition is in line with the Group’s strategy of building a leading portfolio of premium beauty brands. Sol de Janeiro is a strategic fit for the Group in terms of brand recognition and identity, product quality, management capability, as well as growth, profitability and cash generation prospects. Sol de Janeiro’s digital presence and established body care business is complementary to the Group’s balanced geographical strategy to build a portfolio of strong brands in all major geographical regions. Meanwhile, Sol de Janeiro is expected to leverage the Group’s international presence to expand into new markets.

Andre Hoffmann, Vice-Chairman & Chief Executive Officer of L’OCCITANE, said, ‘We are delighted to be further expanding our brand portfolio and accelerating our transformation into a multi-brand and geographically balanced group. With a compelling brand story and an experienced and entrepreneurial management team, Sol de Janeiro reflects our values and premium beauty image.’

Heela Yang, Chief Executive Officer and Co-Founder of Sol de Janeiro, said, ‘I have always admired L’OCCITANE, a beautiful lifestyle brand anchored in a deep commitment to sustainability, and we are thrilled to have found a home with the Group to continue to drive our explosive growth. Furthermore, we are ecstatic to have found a partner who so deeply respects our brand vision and values of inclusivity, joy and self-celebration.’

The Group will acquire an 83% indirect interest in Sol de Janeiro. Upon closing, Sol de Janeiro will become a majority-owned subsidiary of the Group.

Contact: [email protected]

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