Latest news with #Ren
Korea Herald
7 days ago
- Business
- Korea Herald
China, ASEAN and GCC Advance Cooperative Frameworks to Strengthen Regional Supply Chain Resilience
KUALA LUMPUR, Malaysia, May 29, 2025 /PRNewswire/ -- China, the Association of Southeast Asian Nations (ASEAN) and the Gulf Cooperation Council (GCC) are ramping up efforts to enhance regional economic cooperation and stabilize industrial and supply chains. From the China-ASEAN Economic Forum to the ASEAN-China-GCC Economic Forum and the upcoming 3rd China International Supply Chain Expo (CISCE), these multilateral initiatives are injecting fresh momentum into the global economic recovery. On May 26, the ASEAN-China Economic Forum convened nearly 200 representatives from the public and private sectors. CCPIT Chairman Ren Hongbin stressed the importance of recent agreements between China and ASEAN, especially with Malaysia, to deepen cooperation through the Belt and Road Initiative (BRI) and the Regional Comprehensive Economic Partnership (RCEP). ASEAN representatives widely recognized the significant potential for China-ASEAN cooperation in technology innovation and industrial collaboration. Malaysia and other ASEAN countries expressed their intention to participate in the upcoming 3rd CISCE, working together to build an open, stable regional supply chain network. With 50 days remaining until its opening, the 3rd CISCE has attracted global attention as the world's first national-level supply chain expo. Previous editions generated over RMB 300 billion in commercial transactions, with this year's expo expected to draw hundreds of global companies. A newly established "Innovation Chain Zone" will feature high-value intellectual property and emerging technologies. Michael Hart, president of the American Chamber of Commerce in China, recently urged U.S. companies to take part, underscoring CISCE's unique value in a fragmented global trade landscape. Chairman Ren described the expo as "an oasis of cooperation in an uncertain world," designed to connect global businesses through integrated, sector-specific solutions. The 2025 edition will retain its six principal focus areas while introducing new models to support global supply chain resilience. The first ASEAN-China-GCC Economic Forum, held from May 27 to 28 in Kuala Lumpur, advanced regional collaboration. Ren led a delegation of over 30 executives from China's energy, artificial intelligence, and infrastructure sectors, holding talks with ASEAN and GCC officials, resulting in multiple cross-border cooperation memoranda of understanding. From low-carbon ice cream to pioneering compressed air energy storage technology, CISCE has established itself as a global launchpad for commercial innovations. At a time of growing trade protectionism, CISCE stands out as a venue for transparent, rules-based cooperation, and is positioned to play a key role in reshaping interregional supply chain dynamics.
Cision Canada
7 days ago
- Business
- Cision Canada
China, ASEAN and GCC Advance Cooperative Frameworks to Strengthen Regional Supply Chain Resilience
KUALA LUMPUR, Malaysia, May 29, 2025 /CNW/ -- China, the Association of Southeast Asian Nations (ASEAN) and the Gulf Cooperation Council (GCC) are ramping up efforts to enhance regional economic cooperation and stabilize industrial and supply chains. From the China-ASEAN Economic Forum to the ASEAN-China-GCC Economic Forum and the upcoming 3rd China International Supply Chain Expo (CISCE), these multilateral initiatives are injecting fresh momentum into the global economic recovery. On May 26, the ASEAN-China Economic Forum convened nearly 200 representatives from the public and private sectors. CCPIT Chairman Ren Hongbin stressed the importance of recent agreements between China and ASEAN, especially with Malaysia, to deepen cooperation through the Belt and Road Initiative (BRI) and the Regional Comprehensive Economic Partnership (RCEP). ASEAN representatives widely recognized the significant potential for China-ASEAN cooperation in technology innovation and industrial collaboration. Malaysia and other ASEAN countries expressed their intention to participate in the upcoming 3rd CISCE, working together to build an open, stable regional supply chain network. With 50 days remaining until its opening, the 3rd CISCE has attracted global attention as the world's first national-level supply chain expo. Previous editions generated over RMB 300 billion in commercial transactions, with this year's expo expected to draw hundreds of global companies. A newly established "Innovation Chain Zone" will feature high-value intellectual property and emerging technologies. Michael Hart, president of the American Chamber of Commerce in China, recently urged U.S. companies to take part, underscoring CISCE's unique value in a fragmented global trade landscape. Chairman Ren described the expo as "an oasis of cooperation in an uncertain world," designed to connect global businesses through integrated, sector-specific solutions. The 2025 edition will retain its six principal focus areas while introducing new models to support global supply chain resilience. The first ASEAN-China-GCC Economic Forum, held from May 27 to 28 in Kuala Lumpur, advanced regional collaboration. Ren led a delegation of over 30 executives from China's energy, artificial intelligence, and infrastructure sectors, holding talks with ASEAN and GCC officials, resulting in multiple cross-border cooperation memoranda of understanding. From low-carbon ice cream to pioneering compressed air energy storage technology, CISCE has established itself as a global launchpad for commercial innovations. At a time of growing trade protectionism, CISCE stands out as a venue for transparent, rules-based cooperation, and is positioned to play a key role in reshaping interregional supply chain dynamics.
Associated Press
7 days ago
- Business
- Associated Press
China, ASEAN and GCC Advance Cooperative Frameworks to Strengthen Regional Supply Chain Resilience
KUALA LUMPUR, Malaysia, May 29, 2025 /CNW/ -- China, the Association of Southeast Asian Nations (ASEAN) and the Gulf Cooperation Council (GCC) are ramping up efforts to enhance regional economic cooperation and stabilize industrial and supply chains. From the China-ASEAN Economic Forum to the ASEAN-China-GCC Economic Forum and the upcoming 3rd China International Supply Chain Expo (CISCE), these multilateral initiatives are injecting fresh momentum into the global economic recovery. On May 26, the ASEAN-China Economic Forum convened nearly 200 representatives from the public and private sectors. CCPIT Chairman Ren Hongbin stressed the importance of recent agreements between China and ASEAN, especially with Malaysia, to deepen cooperation through the Belt and Road Initiative (BRI) and the Regional Comprehensive Economic Partnership (RCEP). ASEAN representatives widely recognized the significant potential for China-ASEAN cooperation in technology innovation and industrial collaboration. Malaysia and other ASEAN countries expressed their intention to participate in the upcoming 3rd CISCE, working together to build an open, stable regional supply chain network. With 50 days remaining until its opening, the 3rd CISCE has attracted global attention as the world's first national-level supply chain expo. Previous editions generated over RMB 300 billion in commercial transactions, with this year's expo expected to draw hundreds of global companies. A newly established 'Innovation Chain Zone' will feature high-value intellectual property and emerging technologies. Michael Hart, president of the American Chamber of Commerce in China, recently urged U.S. companies to take part, underscoring CISCE's unique value in a fragmented global trade landscape. Chairman Ren described the expo as 'an oasis of cooperation in an uncertain world,' designed to connect global businesses through integrated, sector-specific solutions. The 2025 edition will retain its six principal focus areas while introducing new models to support global supply chain resilience. The first ASEAN-China-GCC Economic Forum, held from May 27 to 28 in Kuala Lumpur, advanced regional collaboration. Ren led a delegation of over 30 executives from China's energy, artificial intelligence, and infrastructure sectors, holding talks with ASEAN and GCC officials, resulting in multiple cross-border cooperation memoranda of understanding. From low-carbon ice cream to pioneering compressed air energy storage technology, CISCE has established itself as a global launchpad for commercial innovations. At a time of growing trade protectionism, CISCE stands out as a venue for transparent, rules-based cooperation, and is positioned to play a key role in reshaping interregional supply chain dynamics. View original content to download multimedia: SOURCE China International Supply Chain Expo
Hindustan Times
25-05-2025
- Health
- Hindustan Times
Chinese students walk 2 km to hospital to take graduation photo with ill classmate, who died hours later
Millions across China have been profoundly touched by a graduation photo taken by students from a school in Sichuan province. Instead of celebrating their final day of junior secondary school in the usual way, they chose to come together to support their classmate, who was critically ill in hospital. As reported by the South China Morning Post, on May 17, more than 50 students, along with their teachers, walked over two kilometres from their school to the Yilong People's Hospital. There, they gathered to take what many have called 'the most special graduation photo in the world' with their 15-year-old classmate, Ren Junjie. (Also read: 'I am not dead yet': Woman in China falls from 12th floor, calls husband for help from ground) Ren had been diagnosed with non-Hodgkin lymphoma, a cancer affecting the lymphatic system, the year prior. He was forced to leave school to undergo treatment in another city, only recently returning to his hometown hospital. Despite being just weeks away from the critical senior secondary school entrance exams—a test often viewed in China as life-defining—every classmate agreed to take part in the gesture when their teacher proposed the idea. Several students entered Ren's ward, gently helped him into his school uniform, and wheeled his hospital bed outside so he could be part of the photo. The group stood around him smiling for the camera, forming a circle of support and friendship. In addition to the photograph, they presented Ren with gifts, handwritten letters, and a basketball signed by all the classmates, bearing Ren's name. 'I wish you could get well and come back to us soon,' one student wrote. 'I admire your courage to battle the illness. Get well soon and play computer games with us,' read another message. (Also read: Lightest school bag ever? Indian mom in China shows what her son carries, sparks envy online) A family member of Ren shared the photos and heartfelt gifts on social media, expressing gratitude to the students and teachers for their compassion and wishing them success in their upcoming exams. Tragically, just hours after the photo was taken, Ren passed away at 4 am the following morning—one month shy of his 16th birthday.
Business Times
22-05-2025
- Business
- Business Times
Yangzijiang Shipbuilding order wins dip to US$0.3 billion
[SINGAPORE] Marine vessel manufacturer Yangzijiang Shipbuilding reported that its year-to-date order wins for the first quarter of 2025 amount to six vessels worth US$300 million. This is around 5 per cent of its US$6 billion target for the 2025 financial year, it said in a quarterly business update on Thursday (May 22). In the same period last year, its won orders for 38 vessels worth US$3.3 billion, or 74 per cent of its target. Yangzijiang Shipbuilding's total order wins were 126 for FY2024, valued at US$14.6 billion, the highest since its listing in 2022. Ren Letian, the shipbuilder's executive chairman and chief executive officer, said that US policies and global tariff actions prompted customers to adopt a wait-and-see approach, pushing back their decisions to order ships. The shipmaker emphasised its continuing progress with vessel deliveries, saying that there have been no order delays nor cancellations to date. It has delivered 38 per cent of its target so far, or 21 out of a targeted 56 vessels for the financial year, and is on track to achieve its FY2025 delivery target. 'Backed by a robust outstanding orderbook that provides revenue visibility up to 2028, the group is... taking a prudent approach and... closely monitoring the market trends,' added Ren. Yangzijiang Shipbuilding has 230 vessels on its order book with a total contract value of US$23.2 billion, and a delivery time frame between 2025 and 2030. The majority of these vessels (100) are container ships. Shares of Yangzijiang Shipbuilding closed 0.5 per cent or S$0.01 higher at S$2.14, before the update.
