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GUANGZHOU, China, Feb. 28, 2025 /PRNewswire/ -- Starting from late February, the Hong Kong Economic and Trade Office in Guangdong (GDETO) of the Government of the Hong Kong Special Administrative Region has launched the "Hong Kong Mega Events High Speed Rails" promotion campaign to introduce Hong Kong's mega events in 2025 and diverse tourism resources to the nine Mainland municipalities in the Greater Bay Area (GBA). GDETO has also set up a "2025 Hong Kong Mega Events Page" on its WeChat official account, facilitating the general public to access to the latest information. GDETO holds a launch ceremony for the "Hong Kong Mega Events High Speed Rails" at the Guangzhoudong Railway Station today (Feb 28). Photo shows the Director of GDETO, Miss Linda So, giving a speech at the ceremony. GDETO holds a launch ceremony for the "Hong Kong Mega Events High Speed Rails" at the Guangzhoudong Railway Station today (Feb 28). Photo shows the officiating guests touring on the high speed rail. GDETO holds a launch ceremony for the "Hong Kong Mega Events High Speed Rails" at the Guangzhoudong Railway Station today (Feb 28). Photo shows the officiating guests touring on the high speed rail. GDETO holds a launch ceremony for the "Hong Kong Mega Events High Speed Rails" at the Guangzhoudong Railway Station today (Feb 28). Photo shows the officiating guests at the launch ceremony. GDETO holds a launch ceremony for the "Hong Kong Mega Events High Speed Rails" at the Guangzhoudong Railway Station today (Feb 28). Photo shows the officiating guests at the launch ceremony. From late February to late April, GDETO will promote the theme "Hong Kong: A Premier Hub for Mega Events & Tourism is Everywhere" on three sets of high-speed rails (HSR) covering the nine Mainland cities in the GBA. The campaign will showcase information across five major categories: culture and arts; sports; finance, innovation & technology and exhibitions; panda-themed events; and eco-tourism to passengers travelling on the HSR. The campaign also introduces Hong Kong's exclusive IP "Panda Friends & Family Hong Kong" to accompany passengers' journeys and enhance the vibrancy and appeal of Hong Kong's exciting mega events and diverse tourism offerings. On February 28, GDETO held a launch ceremony for the "Hong Kong Mega Events High Speed Rails" at the Guangzhoudong Railway Station. The Director of GDETO, Miss Linda So, said at the ceremony that the Chief Executive's 2024 Policy Address set out to promote the integrated development of culture, sports, and tourism, and foster economic diversification. In light of such, the Government of the Hong Kong Special Administrative Region released the "Development Blueprint for Hong Kong's Tourism Industry 2.0" late last year, proposing four positions, four development strategies and 133 measures. More tourism products with local and international characteristics will be launched, including "culture + tourism," "sports + tourism," and "mega events + tourism". "This is the first time GDETO promotes Hong Kong tourism simultaneously across nine Mainland municipalities in the GBA. We look forward to seeing more friends from the GBA to visit Hong Kong, to explore its unique charm, and experience its vibrant offerings", said Miss So. The ceremony was officiated by representatives from the Guangdong Department of Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region; the Hong Kong and Macao Affairs Office of the CPC Guangdong Provincial Committee; the Department of Culture and Tourism of Guangdong Province; the Guangzhou Municipal Culture, Radio, Television and Tourism Bureau; and the Hong Kong Tourism Board. The "Hong Kong Mega Events HSR" promotion campaign is organized by GDETO and supported by the Hong Kong Tourism Board, with the use of the "Panda Friends & Family Hong Kong" IP authorised by AllRightsReserved (ARR). According to the passenger flow data provided by the China Railway Guangzhou Group, the three sets of HSR will operates over 300 trips throughout the campaign period, reaching an estimated total of 920,000 passenger trips.
RIYADH, Saudi Arabia, Feb. 28, 2025 /PRNewswire/ -- Recently, industry-leading SUV brand JETOUR Auto held the global launch of its new model 'JETOUR T1' in Saudi Arabia, with the model marking JETOUR's foray into the urban lite-off-road SUV segment and promoting its 'Travel +' concept, thus being highly significant for market expansion and brand building. JETOUR T1 is a product of global R&D capabilities and shows the brand's achievements in technological innovation, its confidence in the Middle East market and further globalization. The global off-road vehicle market, valued at USD 17.51 billion in 2024, is estimated to reach USD 25.76 billion by 2032 at a 4.95% CAGR during 2024-2032. The Middle East has a strong culture of off-road and outdoor activities, which influences the purchase of relevant vehicles like light off-road SUVs. In Saudi Arabia and the Middle East, where diverse terrains and complex roads demand high off-road performance and reliability, the launch of T1 offers consumers a new lite off-road option, meeting their rising need for multi-functional SUVs. The launch of JETOUR T1, which provides consumers in Saudi Arabia and the Middle East with a new lite off-road SUV option to meet the local market's growing demand for multipurpose SUVs, is expected to gain a share in the regional market. Since 2019, JETOUR has achieved remarkable cumulative sales, attracted countless global fans, and its world-class system capabilities strongly support its globalization drive. JETOUR Auto's VP Ke Chuandeng stated that "JETOUR has established a good number of sales and service outlets and is preparing to establish research institutes overseas. Besides, we are also backed by top-tier partners like Bosch, CATL, Huawei. At the same time, JETOUR has also promoted its brand elevation through diversified marketing strategies, enabling the global implementation of its "travel+" strategy. These efforts have not only enhanced JETOUR's influence in international markets but also paved the way for the brand's continued innovation and development." The launch of JETOUR T1 in Saudi Arabia set a strong base for the brand's regional growth. Through its innovative lineup, partnerships, and marketing, JETOUR can capture a large Middle East SUV market share and keep expanding globally.
SINGAPORE, Feb. 28, 2025 /PRNewswire/ -- With only one Earth to live on, Giti Tire has embedded in its DNA an unwavering commitment to reducing environmental impact, and these efforts have not gone unnoticed. Giti China was ranked among the top 1% of the tire industry, receiving a Platinum award (scoring 85 points) in the 2025 EcoVadis evaluation and B-rating for Climate and Sustainability from the Carbon Disclosure Project (CDP), setting the standard for all of Giti's manufacturing facilities to follow. Similar to industry leaders Michelin and Bridgestone, Giti has established itself as a formidable green force in a highly competitive market. Giti Tire Awarded Platinum EcoVadis Award and CDP Disclosure Badge in 2025 The Reason for the Passion "These recognitions are a welcome acknowledgment and validation that our efforts are moving in the right direction," commented Chris Bloor, Executive Director, Sales and Marketing at Giti Tire, while discussing the awards. "However, we will not rest on these laurels. Fuelled by our commitment to future generations, we will continue to enhance processes and products, ensuring a greener future for the tire industry and global mobility." Over the years, Giti has solidified its reputation through motorsport performance and through collaborating with major automotive manufacturers, leading to its recognition for top-tier products and forward sustainability initiatives. The Journey Toward Excellence Giti's sustainability journey began with its first CDP submission in 2023. Committed to continuous improvement, Giti has since internalised sustainability principles through comprehensive training programs and sustainability structures led by Chief Sustainability Officer, Dr. Pang Chong Hau. By fostering transparency and accountability, Giti actively encourages stakeholders to take positive action for environmental protection and societal progress. "Giti adopts a 3P approach, ensuring not only economic growth but also environmental health and social progress," commented Pang. "We will remain steadfast in continual improvement, actively engaging shareholders and stakeholders, fostering collaborative partnerships with suppliers and customers, placing sustainability at the core of our decision-making. We promote awareness and meaningful environmental action." Governance in Action: Leading EUDR-Compliance As a reflection of Giti's commitment to sustainability, Giti champions compliance with the European Union Deforestation Regulation (EUDR). This initiative highlights Giti's focus on responsible sourcing, ethical procurement, and regulatory compliance—core elements of a strong environmental governance strategy. Despite delays in EUDR's official implementation, Giti engages with suppliers to ensure materials are environmentally-friendly and contribute to reversing past damage. As an early adopter of EUDR-compliance, Giti is setting industry standards and reinforcing its role as a pioneer in sustainable governance. "These achievements were neither overnight successes nor solo efforts," shared François Petiot, Director, Giti International QA Centre. "Three key factors contribute to our success: Strong sustainability commitment among plant managers, backed by methodical training. Company-wide culture actively turning sustainability goals into reality. Robust policies and due-diligence structures ensuring compliance and efficiency." Ahead of EUDR's full implementation, Giti has secured 100% EUDR-compliant rubber supplies, with all required raw materials sourced from suppliers that meet strict environmental standards.
BEIJING, Feb. 28, 2025 /PRNewswire/ -- A report from People's Daily: As of late January 2025, Peru's Chancay Port had handled over 15,000 containers and 112,000 tons of bulk cargo, cementing its role as a pivotal hub for exports of blueberries, palm oil, and corn – products now defining Peru ' s trade identity. Born from the Belt and Road Initiative (BRI), the port is reconfiguring Peru ' s economic footprint, underscoring a development model that contrasts sharply with historical precedents. While past powers pursued modernization through expansionist strategies, often leaving developing nations burdened, China ' s approach emphasizes coexistence over zero-sum rivalry. By prioritizing shared growth and leveraging its own modernization to propel global progress, China has earned recognition as an "enabler." Australian scholar Warwick Powell observed that just as China seeks to achieve more even development domestically, the effects of its model of global integration via trade, capital exports, transfer and knowhow is also tackling decades of uneven global development. China has solidified its role as an indispensable engine of the global economy, with its 2024 GDP growth of 5% propelling its economic output past 130 trillion yuan ($17.88 trillion). Accounting for over 30% of worldwide growth last year, the country continues to anchor international markets even as it navigates domestic structural reforms. This sustained momentum, economists note, reflects China's commitment to building an open world economy while modernizing its development paradigm. Defying global trade headwinds, China recorded 486 billion R&D expenditure, maintaining its position as the world ' s second-largest innovation spender after the U.S. The true paradigm shift emerges in green technology corridors. Chinese wind turbine shipments to emerging markets like Vietnam and Brazil exploded by 72% last year, while solar panel exports hit 200 billion threshold. China ' s global economic influence is increasingly defined by its dual focus on domestic modernization and transnational collaboration. As the IMF noted in its 2024 World Economic Outlook, China ' s institutional innovations are creating "new public goods for global trade architecture" – a dynamic exemplified by recent industrial developments. Tesla accelerated its energy storage ambitions this month with the operational launch of its Shanghai Gigafactory, the world ' s largest battery production facility. Across the manufacturing landscape, BMW ' s Shenyang Plant Lydia commenced full-scale production of its next-generation electric vehicles, while Siemens Healthineers broke ground on a $300 million R&D hub in Shenzhen ' s innovation corridor. Meanwhile, Lexus finalized plans for its first wholly owned Shanghai subsidiary, signaling deepening commitment to China ' s premium automotive market. The outward ripple effects are equally measurable. Ministry of Commerce data reveals a 10.5% YoY surge in China ' s non-financial ODI to $143.85 billion in 2024, marking the third consecutive year of double-digit growth. Chinese home appliance manufacturer Haier has set up a new air-conditioner plant in Thailand, with 85 percent of its production intended for export. Meanwhile, the battery plant of China's leading battery maker Contemporary Amperex Technology Co., Ltd. (CATL) in Hungary is fostering a local industrial cluster, reshaping Europe's new energy landscape. Additionally, many Chinese companies are training local technical workers in Africa and incubating local enterprises within their industrial parks in Latin America, catalyzing industrialization and modernization in these regions with China's industrial strength. China's enabling role in fostering global development is underscored by its dedication to addressing contemporary challenges through scientific and technological innovation. Today, as economic globalization is encountering headwinds and the world stands at a new crossroads, it is more crucial than ever for countries to clear away confusion and adopt long-term, forward-looking development strategies. China's visions are increasingly enabling other countries in their development. China always champions diverse development paths, breaking away from a one-size-fits-all approach. African scholars said that the most important experience that African countries have learned from China is the importance of choosing development models in line with national conditions rather than blindly following the approaches of others. China upholds a people-centered approach, proposing that on the path to modernization, no one, and no country, should be left behind , which has been hailed not just as an update of economic logic, but an elevation of human civilization. As China continues to pursue win-win cooperation and shared development, more and more people have come to understand that in today's world, development is not an exclusive competition but mutual progress. China has been actively promoting the exchange of governance experiences, sharing both macro theories and practical experience with the world, such as "coordinating the relationship between an efficient market and an effective government," "helping poor people build the confidence and capacity to help themselves," and "showing people how to fish instead of just giving them fish." These ideas provide valuable insights for countries seeking to overcome development challenges. By taking an open and inclusive approach to cooperation, China is creating global opportunities for common development as well as confidence and hope. As an "enabler," China will continue to instill strong impetus in the global modernization.
BANGKOK, Feb. 28, 2025 /PRNewswire/ -- Shenzhen Winline Technology Co., Ltd. (Winline Technology), a global leader in electric vehicle (EV) charging solutions, captivated attendees on the opening day of EV Charge Live Asia 2025 (February 26-27, Bangkok) with a dynamic showcase of its cutting-edge technologies. The company's booth emerged as a focal point of the exhibition, drawing crowds of industry stakeholders and policymakers eager to explore solutions tailored to Southeast Asia's rapidly evolving EV landscape. At the heart of Winline Technology's display were its 40-400kW integrated chargers and the flagship 720kW split-type supercharger, which drew significant attention for their ultra-high-speed charging capabilities. Engineers provided live technical walkthroughs, highlighting the 720kW supercharger's intelligent thermal management system and noise-reduction design (20dB quieter than traditional models) — features directly addressing Thailand's operational pain points. Attendees also examined Winline Technology's salt spray-resistant 304 stainless steel chargers enclosures and three core power modules — the V2G bi-directional module, SiC-based bi-directional DCDC module, and silent liquid cooling power module —designed to withstand the extreme environmental conditions in Thailand, from coastal salt corrosion to Bangkok's 40°C heat and 90% humidity. Furthermore, Winline Technology's photovoltaic-energy storage-charging integrated solutions, designed to stabilize grid loads — are a direct response to Thailand's 35% peak-valley electricity gap. During the EV Charge Live Asia 2025 Forum, Winline Technology joined thought leaders shaping the future of EV charging in Thailand.Discussions centered on the "30@30" Policy and EV 3.0 Policy, while operators emphasized urgent needs: "How can chargers withstand Bangkok's 40°C heat and 90% humidity without failures?" and "Salt corrosion destroyed our coastal station's equipment in six months — can you solve this?" These exchanges mirrored Thailand's broader challenges: explosive EV growth (382% penetration surge in 2022-2023) clashing with infrastructure vulnerabilities — from environmental stressors to grid instability. Through nearly two decades of sustained and intensive R&D investments and technological accumulation, Winline Technology has developed strong independent innovation capabilities and mastered core power electronics technologies, demonstrating how its solutions are engineered to overcome these barriers. The 720kW Split-Type Charger, for instance, operates at -40°C to +60°C with 95% humidity tolerance and has passed 1,000-hour salt spray tests (3x Thailand's Gulf corrosion levels). Its IK10 protection and remote diagnostics mitigate insulation failure risks, which are 400% higher in tropical climates. To stabilize Thailand's grid (35% peak-valley gap), Winline Technology showcased photovoltaic-energy storage-charging microgrids with V2G compatibility, aligning with the renewable energy goals in Thailand. Additionally, the company's 20dB noise reduction addresses a 62% complaint rate on traditional chargers in urban areas, while its 96.5% efficiency modules cut energy costs for fleet operators amid rising EV adoption (222% CAGR for Thai EV registrations, 2020-2023). "Thailand isn't just adopting EVs — it's redefining mobility for ASEAN," said Charles Duan, Product Manager at Winline Technology. "Our solutions are engineered here, for here — from corrosion resistance to grid synergy — ensuring growth isn't stalled by infrastructure gaps." Besides, as a key outcome of the event, Winline Technology signed a strategic cooperation agreement with TP Halo, Thailand's leading energy provider, on the main stage of the BITEC exhibition hall. The partnership will leverage Winline Technology's innovations in high-power charging and integrated photovoltaic-energy storage-charging systems, combined with TP Halo's market expertise, to deliver customized solutions addressing Thailand's core challenges — from grid instability to commercial fleet efficiency. For more information, visit [en.szwinline.com].
ROCHESTER HILLS, Mich., Feb. 28, 2025 /PRNewswire/ -- Integrate Data Facts (IDF) today announced the results of its 2024 year-end Vehicles in Operation (VIO) study for Mexico, revealing a record-breaking 35.1 million vehicles now circulating on Mexican roads. This significant milestone underscores the growing demand for automotive products and services in the country. The comprehensive study, covering vehicles from model years 1961 to 2025, encompassed cars, vans, SUVs, pickups, and medium and heavy trucks. Key findings include: Total VIO: 35.1 million vehicles Light Vehicles (Cars & Light Trucks): 34 million vehicles Medium & Heavy Trucks: 1.1 million vehicles Vehicle Type Breakdown (ACES Classification): 57% Cars, 34% Trucks, 6% Vans, 3% Medium & Heavy Trucks Average Vehicle Age: 16.2 years, a slight increase from 16.1 years in 2023. The rising average vehicle age has significant implications for the automotive aftermarket. An older fleet necessitates increased demand for spare parts, maintenance, and repairs, creating substantial opportunities for businesses serving the Mexican market. "The 16.2-year average age signifies a large population of vehicles requiring consistent maintenance and repairs," stated Evaristo Garcia, IDF's CEO. "This translates to a robust demand for automotive parts and services, ensuring the continued mobility of the Mexican population." Even in light of recent trade tariffs, the 35.1 million vehicles in operation are already on the roads and require essential resources such as fuel, spare parts, repairs, and tires. It is crucial for companies within the automotive aftermarket to effectively serve and support Mexico, ensuring the country's continued progress amidst this record-high vehicle count. "With 35.1 million vehicles in operation, the automotive aftermarket plays a critical role in keeping Mexico moving forward," Evaristo added. About IDF - Integrate Data Facts IDF - Integrate Data Facts LLC is the leading provider of automotive data and market research. This year, IDF celebrates its 15th anniversary since its establishment in Rochester Hills, Michigan. The company specializes in VIO analysis and provides comprehensive insights for the automotive industry across nearly all countries in Latin America. IDF's expertise enables businesses to make informed decisions and capitalize on emerging market opportunities. Contact:Name: Evaristo Garcia, CEOEmail: info@idfacts.comWebsite: www.idfacts.com Logo - https://mma.prnasia.com/media2/2629958/IDF_Logo.jpg?p=medium600
Transportation/Trucking/Railroad
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