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CHONGQING, China, May 31, 2023 /PRNewswire/ -- The 2023 Forbes China Urban Consumption Development Forum took place on May 18-19, captivating participants in the vibrant city of Chongqing's Jiefangbei District, a celebrated national model pedestrian street. As a distinguished sub-forum of the 5th Western China International Fair for Investment and Trade (WCIFIT), this event's return to the city for the second consecutive year signifies its growing prominence and significance. The 2023 Forbes China Urban Consumption Development Forum Themed "New Vitality of Consumption, New Opportunities for Chongqing," the 2023 Forbes China Urban Consumption Development Forum was hosted in Chongqing, embracing a dynamic hybrid format that seamlessly blended online and offline experiences. The approach allowed participants from across the globe to engage actively in the event. The forum unveiled the highly anticipated "2023 Forbes China - Consumer Vitality City Cities List," with Beijing, Shanghai, Guangzhou, Chongqing, and Shenzhen garnering the top five positions. In her inspiring speech, Zhang Guozhi, the Vice Mayor of Chongqing Municipal People's Government, highlighted the distinctive allure of Chongqing as the sole municipality in the central and western regions of China. She articulated the local government's strategic vision to elevate the city to the status of an international consumer center by seamlessly integrating global consumer resources, spearheading innovation in consumption, forging a remarkable international consumer destination, and setting a new global benchmark for an exceptional consumption environment. With resolute determination, Chongqing is steadfastly advancing towards its ambitious goal of becoming a prominent international consumption hub, poised to shape the future of consumerism. Zhang Qinglian, President of Forbes China Group (FCG), emphasized Chongqing's strides as a pioneering city in fostering an international consumer center. By integrating global consumer resources and stimulating innovation in consumption scenarios, Chongqing has created an interconnected international market. Mr. Zhang highlighted Chongqing's achievements in expanding openness, introducing international and nurturing local brands, and enhancing the consumption environment. The forum will further propel Chongqing's development of an international consumer center and boost its influence in the global market. Chen Fengfeng, Managing Editor of Forbes China, delivered an insightful analysis of this year's Consumer Vitality City List, shedding light on the five essential dimensions that contribute to consumer vitality in major cities across China. Additionally, she provided detailed insights into the consumer trends observed in the five cities that earned the top positions on the list. Representing the listed cities, Zhang Yongwu, Secretary of the Leading Party Group and Director of Chongqing Municipal Commission of Commerce, shared valuable insights into Chongqing's journey towards establishing itself as an international consumer center. Mr. Zhang emphasized the implementation of a comprehensive new consumer plan consisting of eight key initiatives aimed at further stimulating the growth of the local consumer market. Notably, the plan focuses on enhancing the consumption environment and developing renowned shopping areas such as Jiefangbei, Chaotianmen, and Guanyinqiao Pedestrian Street. Besides, Chongqing aspires to cultivate a welcoming international consumption environment that showcases the city's unique charm. The overarching objective is to accelerate development and establish a distinguished international consumer center in central and western China. This vision involves establishing an open channel that connects global markets while fostering a mutually beneficial consumption environment between Chengdu and Chongqing. The Signing Ceremony The agreement signing ceremony between the Government of Yuzhong District, Chongqing and Forbes China Group was held at the Forum, with Deng Guanghuai, Member of the Standing Committee of Yuzhong District Committee and Vice Governor of the District, and Wang Yihui, General Manager of Business Operations at Forbes China Group, representing their respective parties. In his speech, Deng Guanghuai emphasized the significance of signing of the cooperation agreement as a major milestone for Forbes China Group's expansion in Yuzhong District, Chongqing. He acknowledged Forbes China Group's efforts and underscored the forum's crucial role in driving its impact across four aspects, which include enhancing openness, fostering the development of an international consumer center, creating a hub for industrial clusters through resource integration, and raising Chongqing's stature as a notable city in China. In his keynote speech titled "Accelerating Digital Empowerment and Igniting Consumer Growth," Xu Hongcai, Deputy Director of the Economic Policy Commission, China Association of Policy Science, emphasized the crucial role of a comprehensive approach and a well-crafted policy mix in harnessing consumption's power to drive economic stability and growth. A key aspect of these efforts involves leveraging digital technologies to unlock the untapped potential of the consumer market. To achieve this goal, Mr. Xu put forth eight recommendations, including enhancing the quality of digital consumer goods, upgrading digital resources to meet consumer expectations, fostering innovation in consumption scenarios, promoting innovation-driven development for platforms and companies, expediting urban space transformation, stimulating rural consumption, cultivating a hybrid online and offline consumption model, and advancing the improvement of digital consumption governance. Carrie Lin, Vice President of Marketing Communications at Lincoln China, delivered a keynote speech titled "Lincoln's Path to Breakthroughs: Challenges and Changes Amidst Automotive Industry Reorganization". She astutely recognized the dynamic nature of the market, evolving consumer scenarios and preferences, as well as the growing influence of new media. Ms. Lin emphasized the imperative for Lincoln to embark on an extensive marketing transformation to align with its own advancements and market dynamics. Ms. Lin specifically highlighted the significance of a multichannel marketing approach for digital platforms, emphasizing the need for a precise strategy to effectively target social media audiences. She underscored the importance of a continuous and in-depth commitment to brand content, serving as a powerful means to amplify the brand's impact in this ever-evolving landscape. Li Zhongmin, Chairman of the Board of Directors of Outlet (China), delivered a keynote speech titled "Proactively Embracing the Digital Economy, Fostering Unique Local Business Culture, and Spearheading Product Innovation in the Domestic Outlet Industry." He emphasized the importance of adapting to the digital economy while nurturing distinctive local business culture and driving product innovation within the outlet industry. Mr. Li acknowledged the impact of online shopping on the industry and highlighted how outlets have responded by bolstering their online presence and establishing integrated online/offline complexes. Drawing upon the Taiyuan outlet project in Shanxi Province as an illustrative example, he outlined Outlet (China)'s "One Strategy for One City" product roadmap. He emphasized the need for brick-and-mortar retailers to continually introduce innovative concepts and technologies to generate greater value in their offerings. Tim Standbrook, Deputy Consul General of the British Consulate General Chongqing, gave a keynote speech titled "The development of British consumer brands in Southwest China". "The Southwest region has long been a crucial market for British consumer brands. Most notably, Chongqing, one of China's key trendsetting cities, has attracted numerous international brands by virtue of its innovative and distinctive first-store economy," said Mr. Standbrook. "Despite the decline in the UK's exports to other countries, its exports of retail and consumer goods to China have increased, primarily driven by three sectors: beauty and personal care, fashion, as well as health-related food and beverages." Roundtable Discussion: Unlocking the Potential of China's New Consumer Economy Moderated by Guan Zijun, Director of New Media Content at Forbes China, an insightful roundtable discussion titled "Unlocking the Potential of China's New Consumer Economy" took place during the forum. Several distinguished guests participated in the discussion, including Dong Mingliang, General Manager of Parmigiani China, Dr. Mei Ping, Head of Capella Hotel Group's China Portfolio, Xu Dawei, Partner at Harvest Capital, and Jiang Dawei, Senior Advisor of the Institute for Global Private Equity, Tsinghua University and Executive Director of Toplist China. Dong Mingliang expressed optimism about the prospects of China's high-end consumer market. He explained that compared with the European and American markets, Parmigiani has experienced higher growth in China, a significant market for the brand globally, over the past few years. Building upon this success, the brand is dedicated to delivering a comprehensive shopping experience to Chinese customers that is both convenient and inviting, while respecting their privacy. Dr. Mei Ping shared insights on Capella Hotel's strategic approach. She emphasized Capella's growing focus on collaborating with local communities, residents, and even the craft industry to invigorate the local consumer market. Dr. Mei emphasized that as Chinese tourists become more discerning, hotels have a unique opportunity to serve as a gateway to local culture and lead the way in creating forward-looking living experiences. Xu Dawei highlighted the significant role of digital technologies in the transformation of the traditional consumer sector. He emphasized that expanding the industry chain through digital innovation is poised to bring about substantial changes. From an investor's standpoint, Mr. Xu noted that the consumer sector is undergoing a transition from a phase of overheating to a more normalized state. This transition presents investment institutions and companies with increased opportunities to forge meaningful connections and cultivate mutual trust, thereby fostering a more sustainable and prosperous business environment. Jiang Dawei highlighted the ongoing structural change in Chinese consumers' buying behavior. He emphasized the significant role that emerging technologies, such as artificial intelligence and Web 3.0, can play in enhancing consumption scenarios and unlocking the growth potential of the consumer market. These technologies offer promising avenues for further advancement and improvements. In addition, Mr. Jiang recommended a focus on strengthening the understanding of young consumers and harnessing their consumption potential. He emphasized the importance of leveraging new media marketing strategies and fostering increased social interactions to tap into the preferences and behaviors of this demographic. During the awarding ceremony, Zhang Qinglian, President of Forbes China Group, presented plaques to representatives from the cities included in the Consumer Vitality City List. The recognized cities encompass a diverse range, including Chongqing, Changsha, Foshan, Ningbo, Qingdao, Wuxi and Zhengzhou. The City Investment Matchmaking Session held in the afternoon saw the participation of representatives from diverse districts in Chongqing, each of whom showcased their unique regional business environments. Investors from leading investment institutions, including Harvest Capital and Tiantu Capital, as well as executives from numerous participating companies, took part in the session, sharing their valuable insights and perspectives. The City Investment Matchmaking Session This year's forum was co-hosted by Forbes China Group, Chongqing Municipal Commission of Commerce and the People's Government of Yuzhong District, Chongqing. Seamlessly integrated within the 5th Western China International Fair for Investment and Trade, the event provided a remarkable international platform for Chinese cities to bolster their global influence. Moreover, it served as an exceptional opportunity for in-depth exchanges and collaborations between multinational corporations and Chinese businesses, fostering mutually beneficial partnerships and opening avenues for sustained growth in a dynamic global landscape.
Showcasing Inspiring Impact Journeys and the Significance of Passion and Value in Investment for a Better Future HONG KONG, May 31, 2023 /PRNewswire/ -- Sustainable Finance Initiative (SFi) is proud to announce the successful conclusion of the inaugural SFi Asian Family Impact Summit: Where Capital Meets Purpose, held on May 24th and 25th. This groundbreaking Summit brought together a diverse group of over 100 impact leaders, family wealth owners and business leaders, serving as a platform to share, learn, and collaborate on the multifaceted realm of impact investment in Asia. SFi Asian Family Impact Summit 2023_key photo Co-hosted with UBS, the Summit featured captivating personal narratives, impactful showcases by industry pioneers, lightning pitches, and engaging workshops. It delved deep into the Asian family impact story, uncovering the synergies between capital and purpose, and exploring the visions of the next generation. The Summit boasted an impressive lineup of over 30 diverse speakers from various countries, who contributed their expertise and perspectives to the Summit. Notable speakers included Adriel Chan, Vice Chair of Hang Lung Group; Annie Chen, Chair of RS Group; Vanessa Cheung, Group Managing Director of Nan Fung; Poman Lo, Founding Managing Partner of AlphaTrio Capital; Karen Cheung from D.H. Chen Foundation; Guneet Banga, Executive Director, The Caravel Group; and Ronald Chan from Chartwell Capital, among others. One of the highlights of the Summit was the thematic clusters' session, where leaders addressed common challenges in achieving scalable impact. A wide range of critical topics were covered, including youth empowerment, climate investing, intergenerational poverty, China ESG, emerging markets, sustainable portfolios, strategic philanthropy, and corporate venture capital. These discussions fostered valuable insights and meaningful exchanges among the participants, paving the way for actionable solutions and collaborations. Guneet Banga, Executive Director of The Caravel Group, succinctly outlined the primary insights gleaned from the cluster emerging market discussion: "The unlocking of emerging market potential rests upon our collective dedication to making sustainable choices in our everyday lives. The individual micro decisions we make significantly contribute to shaping a sustainable future. In this pursuit, organisations such as SFi plays a pivotal role in facilitating effective communication and fostering collaboration." At the Summit, SFi also announced the launch of the SFi Hub, a directory of companies and fund managers in the impact space for active Asia-based investors. Katy Yung, Managing Director of SFi, said, "The SFi Asian Family Impact Summit has exceeded our expectations, successfully bringing together a diverse array of experts and practitioners from across the region. This gathering has presented an invaluable opportunity for family leaders active across investments, business and philanthropy in Asia to harness their collective strengths and drive meaningful change. I am thrilled to see the alignment between our summit and the Hong Kong Government's initiatives, as well as the continued support from InvestHK and FSDC. I extend my heartfelt gratitude to all participants and partners who made this Summit a resounding success." Amy Lo, Co-Head Wealth Management Asia Pacific, UBS Global Wealth Management, said, "We are happy to be co-hosting this event and to see that impact investing is gradually taking centre stage in Asia. In recent years, there has been a growing trend among families to create meaningful changes and address pressing social and environmental challenges through investing. We are committed to driving positive changes and creating a better future for all. By collaborating with top industry experts and thought leaders, we are able to deliver innovative impact investing solutions for investors around the world." Annie Chen, Chair of RS Group, said, "Throughout the Summit, we witnessed genuine dialogue and a strong spirit of collaboration, which laid the groundwork for accelerated growth in impact investing throughout Asia. By leveraging our collective knowledge and resources, we are making significant strides towards a more sustainable future. As we reflect on the outcomes of the summit, I am heartened by the power of collaboration and shared vision, and how it can drive positive change at an unprecedented scale. I believe together we can shape a brighter and more sustainable future for generations to come." The Asian Family Summit is made possible with the generous support and sponsorship of selected brands who share SFi's core beliefs and vision, including -Co-Host – UBS, Network Partners – The Caravel Group, Pictet Wealth Management, Impact Partners – InvestHK, Cambridge Associates, Community Partners – Audacy Ventures, blueonion, Cathay Pacific, Center for Sustainable Finance & Private Wealth, illio, The Impact, and numerous other community partners who contributed to the event's success. A full list of speakers can be found here and the agenda for the Summit can be found here. Photos: https://drive.google.com/drive/folders/1uoyUpacfNIBpmyaSoEiMdcN2T3hiPgeO Video: https://drive.google.com/file/d/1gWDegRl8VZxAH4QFgmuXtFIQz2JiLfps/view?usp=drivesdk About Sustainable Finance Initiative Sustainable Finance initiative is an Asian homegrown community of private investors who believe in Capital that Matters. Our mission is to mobilise private capital for positive impact. As a go-to knowledge and action platform, we empower family offices, private investors and financial services professionals with knowledge and expertise to invest for purpose and profit. https://www.sustainablefinance.hk/
SHENZHEN, China, May 31, 2023 /PRNewswire/ -- Cloudsky Technologies is pleased to announce that it has recently secured a Series C+ round funding of no less than ten million dollars. The primary investors include a leading XR company, Sichuan Guohe International Cooperation Fund, and Orinno Capital, among others. Cloudsky Technologies is dedicated to becoming the next-generation computing infrastructure and services provider to empower the digital economy. The company possesses a globally innovative GPU server computing architecture. Through customized optimization of the full technology stack, it has achieved groundbreaking compatibility between PC and mobile content ecosystems based on the X86 architecture. This enables it to meet the on-demand computing power requirements of various applications such as image rendering, AIGC, and autonomous driving. The company provides customers with cost-effective, highly compatible, and reliable end-to-end computing solutions. Additionally, the company focuses on building computing centers through a "cloud-edge-end" integration solution, driving the continuous expansion of computing network nodes and addressing the last-mile latency issue in computing transmission for application implementation. With its robust computing network and strong technical capabilities, Cloudsky Technologies has established a leading position in commercial-scale applications such as cloud rendering, cloud gaming, metaverse, cloud workstations, and cloud VR/AR. The company is also actively exploring areas such as AIGC and autonomous driving, promoting the synergistic development of its "GaaS+AIaaS" dual business. Currently, the company has formed significant partnerships with numerous telecommunications operators, cloud providers, leading internet companies, and game developers, among others, enabling the construction of the infrastructure for a future digital world where computing power is ubiquitous and intelligence knows no bounds. Mei Su, CEO of Asia-America Group and the manager of Sichuan Guohe International Cooperation Fund, stated, "In the digital era, high-end computing power has extensive potential applications and represents a vast incremental market. Cloudsky Technologies has already achieved a leading position in GPU cloud computing domestically and is actively expanding its overseas market. Asia-America Group will leverage its profound international resources to accelerate the development of the company's overseas business. In the future, with continuous investments and deep insights into the high-end computing industry chain, Sichuan Development Holding Co., Orinno Capital, Asia-America Group, and Cloudsky Technologies will stimulate more innovation together and create value for society." Earnest Partners, an early-stage investor in Cloudsky Technologies, also expressed their support, saying, "We have maintained close contact with Cloudsky Technologies over the past few years and provided the support they needed during their development. We are delighted to see their current achievements, and we will continue to assist them in technology research and development, as well as the internationalization of their business, as we move forward together." Cloud gaming, cloud esports, metaverse, smart cities, virtual reality, AIGC, and autonomous driving are experiencing rapid growth in real-time decision-making and quick response digital scenarios. The demand for advanced computing power, with graphics computing and AI at its core, is growing exponentially. It is projected to reach a compound annual growth rate of 52.3% over the next five years, with the entire computing scale reaching 1271.4 EFLOPS by 2026. With its strong technical capabilities, robust computing network, and extensive deployment experience in the computing field, Cloudsky Technologies is well-positioned to lead the global computing industry. Following this funding round, the company will leverage its strengths to drive industry development, enabling computing power to serve users as efficiently as "water and electricity" and continuing its pursuit of global leadership in the computing industry. Media Contact: tiansheng.zhang@icloudsky.com
JAKARTA, Indonesia, May 31, 2023 /PRNewswire/ -- Indonesia affirms its commitment to achieving the target of reducing greenhouse gas (GHG) emissions towards Net Zero emissions (NZE) in 2060. In an increasingly urgent era to face global climate change, the Indonesia Carbon Capture and Storage Center (ICCSC) is proud to announce its latest initiative in changing the energy landscape towards a decarbonized future. Coordinating Minister of Maritime and Investment Affairs, Luhut Binsar Panjaitan, Jodi Mahardi, Deputy for Maritime Sovereignty and Energy Coordination, and the Committee of IICCS Forum 2023 "The ICCSC commitment to a future of energy decarbonization is based on the belief that environmental protection and economic growth need not conflict, but rather work in harmony, instead. Adopting Indonesia as a CCS Hub in the region is expected to create new jobs, increase investment, and spur economic growth at the local, regional, and global levels," said Dr. Belladonna Troxylon Maulianda, PhD, P.Eng, Executive Director of ICCSC. Following up on this, ICCSC initiated the International and Indonesia CCS Forum 2023 (IICCS Forum 2023), slated to be held on September 11-12 at Hotel Mulia, Jakarta. The event consists of Forum and Exhibition activities, with the theme "Pioneering The Energy Landscape Decarbonization Future: Harnessing The Power of CCS Globally for A Cleaner Future and Economic Growth", and features prominent global speakers in related fields. Chairwoman of the IICCS Forum 2023, Merry Marteighianti at the Launching of the International and Indonesia CCS Forum 2023 in conjunction with the Launching of the Indonesia Carbon Capture and Storage Center at Hotel Mulia Jakarta, said, "The implementation of this forum will be a container and a great moment in bringing together government agencies, investors, CCS industry players, academics, and industry experts to gather together, share expertise and experience." The IICCS Forum 2023 is the first of the subsequent forums of the ICCSC. Therefore, the event can be used as a momentum where CCS in Indonesia can play a role as a sustainable economic development agenda. To support this plan, the government of Indonesia through the Coordinating Ministry for Maritime Affairs and Investment RI, The Ministry of Energy and Mineral Resources RI, and other related institutions are preparing a CCS mechanism to achieve NZE targets and sustainable economic growth. Energy transition efforts will require the support of synergy between government, public and private investment, not only in funding but also in the development of CCS technologies. Jodi Mahardi, Deputy for Maritime Sovereignty and Energy Coordination, explained, "The government always provides support for the development of CCS in achieving a cleaner future and supporting sustainable economic growth. Indonesia, which consists of 17,000 islands, requires large investments to improve the domestic CCS industry. This achievement must be done with strategic, measurable, and sustainable measures. Kemenko Marves continues to communicate with stakeholders, relevant ministries, and local governments, especially with ICCSC, a strategic partner in developing CCS in Indonesia."
Palo Alto Networks offers a robust platform that meets the industry's needs by reducing risk exposure and increasing agility and throughput performance capabilities. SAN ANTONIO, May 31, 2023 /PRNewswire/ -- Frost & Sullivan recently assessed the network security industry and, based on its findings, recognizes Palo Alto Networks with the 2022 Indian Company of the Year Award. The company offers innovative next-gen products for network security that authenticates, validates, and apply threat prevention capabilities across a company's infrastructure and tackle the most critical global security challenges. Its Zero Trust Network Security Platform is holistic and manages network, cloud-native, and operational security, positioning it as a pioneer in the network security industry. Its state-of-the-art offering and continuous innovation have resulted in sustained leadership and impressive growth momentum in India. Palo Alto Networks Zero Trust Network Security Platform allows users to work from anywhere without restrictions. It includes Prisma Secure Access Service Edge (SASE), a unified solution that lowers network and security complexity and enhances corporate agility. The Next-Generation Firewall (NGFW) allows customers to adopt Zero Trust with integrated, cloud-based security to stop unknown zero-day assaults and block even the most evasive attackers, balancing security and performance. The one-of-a-kind cloud-delivered security services offer best-in-class protection anywhere, harnessing the network impact of 85,000 global customers to stop known, unknown, and zero-day attacks 180 times faster than any other solution. Parminder Kaur, Director of Cybersecurity, Frost & Sullivan, said, "With a legacy of the Indian cybersecurity market leadership, Palo Alto Networks compelling value proposition underpins its sustained success. It is well-positioned to capitalize on new growth opportunities and drive the Indian network security space into its next growth phase, capturing market share and sustaining its leadership in the coming years." Palo Alto Networks educates potential clients about viewing network security as a holistic architecture rather than siloed point products. With its customer-centric corporate philosophy, it operates on the central tenet that its success depends on providing customer value. The company's offerings are scalable, allowing enterprises to reap significant future value. Their foundational approach establishes customer trust for long-lasting relationships throughout the product lifecycle. In 2021, the company captured a remarkable 21.5% of the Indian market share and emerged as the regional market leader. "Palo Alto Networks proactively educates C-level executives about cybersecurity and provides extensive training. It remains a trusted partner, earning a reputation for offering the overall best in the Indian network security industry," added Ojaswi Rana, Best Practices Research Analyst at Frost & Sullivan. With its sterling reputation and strong overall performance, Palo Alto Networks earns Frost & Sullivan's 2022 India Company of the Year Award in the network security industry. Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies and the resulting leadership in customer value and market penetration. Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry. About Frost & SullivanFor six decades, Frost & Sullivan has been world-renowned for helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact:Tarini SinghP: +91-9953764546E: tarini.singh@frost.com
TAINAN, Taiwan, May 31, 2023 /PRNewswire/ -- The Economic Development Bureau of Tainan City Government has partnered with WinWin Innovation & Incubation Base to lead a delegation of Tainan-based companies participating in InnoVEX 2023, scheduled from May 30 to June 2! Tainan's Economic Development Bureau Spearheads Startup Delegation for InnoVEX 2023 in Taipei For several consecutive years, InnoVEX has been co-located with COMPUTEX TAIPEI, a globally acclaimed exhibition that serves as a vibrant platform for startups and tech companies worldwide. This year, InnoVEX continues the tradition on the first floor of Hall 2 of Taipei Nangang Exhibition Center, featuring a captivating lineup centered around four trending themes that have garnered significant attention: Smart Vehicles, Metaverse, Smart Networking Applications, and Sustainable Green Energy. The bureau is leading a team of ten dynamic startups, among them Shalun Smart Green Energy Science City and other promising ventures nurtured by WinWin. The bureau has established the Tainan Startups Pavilion as a dedicated space for the entrepreneurial companies to showcase their innovative products and services. The pavilion was meticulously crafted in adherence to ESG protocols, featuring an integration of recyclable materials and technology-rich lighting. The design encapsulates the unwavering commitment of Tainan's startups to actively promote and embrace green energy and sustainable technologies. The delegation of ten startups comprises an impressive lineup of innovative companies including: Shalun Smart Green Energy Science City, leading the way in sustainable energy solutions; Vistatec Inc., dedicated to smart home systems and smart environmentally conscious spaces; Zwlifelab Co., Ltd., creator of sustainable living labs and packaging-free products; WILLPOWER Co., Ltd, a tech firm at the forefront of modern trends in smart charging posts; Gathertech Intelligent Automation CO., Ltd., developer of plug-and-play MR2 hardware-in-the-loop (HIL) technology; Road Ahead Integration Corp., experienced professionals specializing in website development and production; Taiwan Vanguard Artificial Intelligence CO., Ltd, a smart manufacturer service provider, focus on Internet of Things (IoT), Cyber Physical Systems (CPS), and Big Data applications related to Industry 4.0. Charco Science and Research Co., Ltd., a leader among Taiwan's IoT firms that deploy technologies to enhance agricultural yields; PbMed Biotech Co., Ltd., dedicated to the R&D of probiotics and health foods; and Feng Sheng Shui Qi, a team of influential content creators with a focus on agricultural themes and farming life. Together, the lineup of startups exemplifies the vibrant and dynamic nature of companies in Tainan. Their presence at the event is driven by a shared goal of exploring new market opportunities and attracting investment from venture capitalists and other investors. InnoVEX 2023 is being held at Taipei Nangang Exhibition Center Hall 2, spanning four eventful days, from May 30 to June 2. Visitors are welcome stop by the booths of Tainan's startups and get a close up look at each startup's remarkable contribution! Lin Jung-chuan, Director General of the Economic Development Bureau of Tainan City Government, elucidated the vision of Shalun Smart Green Energy Science City, emphasizing its dedication to cultivating a smart ecological city that prioritizes symbiotic development with nature, and to building communities with living systems that are people-oriented. In a collaborative effort, Taiwan's Ministry of Economic Affairs, Ministry of Science and Technology, Academia Sinica and Tainan Municipal Government are working hand in hand to establish a Shalun Smart Green Energy Science City in each of Tainan's districts. This ambitious initiative aims to transform the entire city into a benchmark of low-carbon smart living. With a strong emphasis on innovation, energy efficiency, energy storage and system integration, the project has been drawing the attention of both domestic and overseas green science and technology companies, many of whom are considering Tainan as a prime location for their facilities. Furthermore, the plan includes the conversion of select areas within the city into dedicated zones for testing and implementing of smart low-carbon technologies. The strategic move aims to create an environmentally responsible living environment conducive to the development and demonstration of green energy technologies. These designated areas will serve as comprehensive testing, verification and collaboration platforms for the R&D of innovative energy solutions. The initiative is expected to enhance the revenue and benefits of the green energy industry chain. The WinWin Innovation & Incubation Base serves as a collaborative hub, bringing together resources from industry, government, academia, and the research sector to create an enabling environment for aspiring entrepreneurs in Tainan. This multifaceted platform offers a range of valuable opportunities, including professional lectures, workshops, and practical courses, designed to equip Tainan residents with the necessary knowledge and skills to kick-start their own businesses. To further enhance the support system, WinWin has invited experts from diverse fields to join their network, providing consulting services tailored to the needs of startups. These seasoned professionals offer valuable guidance, assisting entrepreneurs in devising effective growth strategies and executing them with precision. For more information on events, courses and business counseling, please visit the website of WinWin Innovation & Incubation Base (https://www.winwin.org.tw/) and follow WinWin's Facebook page (https://www.facebook.com/tainan.winwin/) to keep up with the latest news.
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