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Hesai Secures New Lidar Design Win from Toyota

PALO ALTO, Calif., Aug. 15, 2025 /PRNewswire/ — Today, Hesai Technology (Nasdaq: HSAI), a global leader in lidar solutions, announced a new design win from Toyota, one of the world’s largest automakers. The new energy model, to be manufactured by a joint venture of Toyota based in China, will feature Hesai’s long-range automotive lidar ATX, and is scheduled to enter mass production in 2026.

This Toyota joint venture is accelerating its transition to electrification and intelligence: new-energy models now drive its growth, while its industry-leading advanced driver-assistance systems sets a new pace. Powered by a robust local R&D ecosystem, it seamlessly integrates global engineering standards with Chinese innovation, delivering smarter, greener mobility at scale.

This partnership not only reaffirms Hesai’s market leadership in lidar—securing endorsement from a world-renowned automaker—but also inaugurates a new chapter of Hesai’s collaboration with Japan’s automotive industry.

Hesai’s ATX integrates the company’s most advanced technology platform, delivering comprehensive upgrades to its optical-mechanical design and laser transceiver modules. It combines a compact form factor with powerful performance, making it a popular choice among leading OEMs. ATX has already secured design wins across multiple models with several OEMs planning to adopt it a standard feature in their 2025–2026 production lineups.

Moving forward, Hesai will leverage its cutting-edge lidar R&D and manufacturing capabilities to empower Toyota in setting a new benchmark for joint venture brands in the new energy vehicle market. Together, the two companies will strive to deliver the best-in-class intelligent driving experience for the mass market, with a shared commitment to making driver-assistance systems safer, more comfortable, and more intelligent.

 

Aramco signs $11 billion Jafurah midstream deal with international consortium led by Global Infrastructure Partners

  • Jafurah Midstream Gas Company secures significant foreign direct investment, together with agreement to lease and leaseback development and usage rights for Aramco’s Jafurah midstream assets 
  • Aramco to receive upfront proceeds of $11 billion on completion, highlighting the value creation potential of its ongoing capital investment program
  • Transaction to support optimization of Aramco’s assets, reflecting positive outlook for gas demand in the Kingdom of Saudi Arabia

DHAHRAN, Saudi Arabia, Aug. 15, 2025 /PRNewswire/ — Aramco, one of the world’s leading integrated energy and chemicals companies, has signed an $11 billion lease and leaseback deal involving its Jafurah gas processing facilities with a consortium of international investors, led by funds managed by Global Infrastructure Partners (GIP), a part of BlackRock.

Jafurah is the largest non-associated gas development in the Kingdom of Saudi Arabia, estimated to contain 229 trillion standard cubic feet of raw gas and 75 billion Stock Tank Barrels of condensate. It is a key component in Aramco’s plans to increase gas production capacity by 60% between 2021 and 2030, to meet rising demand.

As part of the transaction a newly-formed subsidiary, Jafurah Midstream Gas Company (JMGC), will lease development and usage rights for the Jafurah Field Gas Plant and the Riyas NGL Fractionation Facility, and lease them back to Aramco for a period of 20 years. JMGC will receive a tariff payable by Aramco in exchange for granting Aramco the exclusive right to receive, process and treat raw gas from Jafurah.

Aramco will hold a 51% majority stake in JMGC, with the remaining 49% held by investors led by GIP. The transaction, which will not impose any restrictions on Aramco’s production volumes, is expected to close as soon as practicable, subject to customary closing conditions.  

Amin H. Nasser, Aramco President & CEO, said: “Jafurah is a cornerstone of our ambitious gas expansion program, and the GIP-led consortium’s participation as investors in a key component of our unconventional gas operations demonstrates the attractive value proposition of the project. This foreign direct investment into the Kingdom also highlights the appeal of Aramco’s long-term strategy to the international investment community. As Jafurah prepares to start phase one production this year, development of subsequent phases is well on track. We look forward to Jafurah playing a major role as a feedstock provider to the petrochemicals sector, and supplying energy required to power new growth sectors, such as AI data centers, in the Kingdom.”

Bayo Ogunlesi, Chairman and CEO of GIP, said: “We are pleased to deepen our partnership with Aramco with our investment in Saudi Arabia’s natural gas infrastructure, a key pillar of global natural gas markets. Today’s announcement builds upon BlackRock and GIP’s longstanding relationship with Aramco to serve growing market needs for cleaner fuels, energy security and energy affordability.”

The opportunity to invest in one of the region’s most significant natural gas developments garnered significant interest from investors worldwide. Co-investors in the transaction include leading institutional investors from Asia and the Middle East. When completed, the transaction will support the optimization of Aramco’s assets and capture additional value from the development of the Jafurah gas field.

GIP’s mid-market infrastructure equity team, which invests in diversified and contracted mid-market infrastructure assets and businesses around the world, has a robust, long-term track record of successful investments in the Middle East. This investment also builds upon the strong existing relationship between Aramco and BlackRock. In 2022, BlackRock co-led a consortium of investors in a separate minority investment in Aramco Gas Pipelines Company.

Contact Information

X: @aramco

About Aramco

As one of the world’s leading integrated energy and chemicals companies, our global team is dedicated to creating impact in all that we do, from providing crucial oil supplies to developing new energy technologies. We focus on making our resources more dependable, more sustainable and more useful, helping to promote growth and productivity around the world. https://www.aramco.com

About Global Infrastructure Partners (GIP)

Global Infrastructure Partners (GIP), a part of BlackRock, is a leading infrastructure investor that specializes in investing in, owning and operating some of the largest and most complex assets across the energy, transport, digital infrastructure and water and waste management sectors. With energy pragmatism central to our investment thesis, we are well positioned to support the global energy transition.

GIP’s scaled platform has over $183 billion in assets under management. We believe that our focus on real infrastructure assets, combined with our deep proprietary origination network and comprehensive operational expertise, enables us to be responsible stewards of our clients’ capital and to create positive economic impact for communities. For more information, visit www.global-infra.com.

Disclaimer

The press release contains forward-looking statements. All statements other than statements relating to historical or current facts included in the press release are forward-looking statements. Forward-looking statements give the Company’s current expectations and projections relating to its capital expenditures and investments, major projects, upstream and downstream performance, including relative to peers. These statements may include, without limitation, any statements preceded by, followed by or including words such as “target,” “believe,” “expect,” “aim,” “intend,” “goal,” “may,” “anticipate,” “estimate,” “plan,” “project,” “can have,” “likely,” “should,” “could,” and other words and terms of similar meaning or the negative thereof. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the Company’s control that could cause the Company’s actual results, performance or achievements to be materially different from the expected results, performance, or achievements expressed or implied by such forward-looking statements, including the following factors: global supply, demand and price fluctuations of oil, gas and petrochemicals; global economic conditions; competition in the industries in which Saudi Aramco operates; climate change concerns, weather conditions and related impacts on the global demand for hydrocarbons and hydrocarbon-based products; risks related to Saudi Aramco’s ability to successfully meet its ESG targets, including its failure to fully meet its GHG emissions reduction targets by 2050; conditions affecting the transportation of products; operational risk and hazards common in the oil and gas, refining and petrochemicals industries; the cyclical nature of the oil and gas, refining and petrochemicals industries; political and social instability and unrest and actual or potential armed conflicts in the MENA region and other areas; natural disasters and public health pandemics or epidemics; the management of Saudi Aramco’s growth; the management of the Company’s subsidiaries, joint operations, joint ventures, associates and entities in which it holds a minority interest; Saudi Aramco’s exposure to inflation, interest rate risk and foreign exchange risk; risks related to operating in a regulated industry and changes to oil, gas, environmental or other regulations that impact the industries in which Saudi Aramco operates; legal proceedings, international trade matters, and other disputes or agreements; and other risks and uncertainties that could cause actual results to differ from the forward-looking statements in this press release, as set forth in the Company’s latest periodic reports filed with the Saudi Exchange. For additional information on the potential risks and uncertainties that could cause actual results to differ from the results predicted please see the Company’s latest periodic reports filed with the Saudi Exchange. Such forward-looking statements are based on numerous assumptions regarding the Company’s present and future business strategies and the environment in which it will operate in the future. The information contained in the press release, including but not limited to forward-looking statements, applies only as of the date of this press release and is not intended to give any assurances as to future results. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to the press release, including any financial data or forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law or regulation. No person should construe the press release as financial, tax or investment advice. Undue reliance should not be placed on the forward-looking statements.

O-RAN ALLIANCE Opens Call for Participation in its O-RAN Global PlugFest Fall 2025

  • Call for Participation for the O-RAN ALLIANCE Global PlugFest Fall 2025 is underway
  • The PlugFest is hosted by 25 operators and independent institutions in 19 labs around the world
  • The PlugFest will focus on 6 themes targeted to facilitate interoperability and deployment

BONN, Germany, Aug. 15, 2025 /PRNewswire/ — The O-RAN ALLIANCE has opened the Call for Participation for its O-RAN Global PlugFest Fall 2025.

O-RAN ALLIANCE PlugFest
O-RAN ALLIANCE PlugFest

The PlugFest provides a global platform for Radio Access Network (RAN) equipment manufacturers, service providers, universities, and research institutions to test, integrate, and validate solutions in a collaborative, multi-vendor environment.

The PlugFest is hosted by 25 operators and independent institutions in 19 labs in different regions around the world.

PlugFest activities are planned from August through November 2025, followed by presentations and demonstrations of results to the O-RAN community. O-RAN ALLIANCE plans a public announcement of the PlugFest outcomes in December.

PlugFest efforts will focus on six themes prioritized in the O-RAN ALLIANCE Testing and Integration Focus Group:

  • O-RAN System Testing with Layer 1 Acceleration
  • Demonstrate consistent and repeatable open fronthaul testing in multiple labs
  • O-RAN Energy Consumption, Efficiency and Savings Testing
  • O-RAN E2E Deployment Templates, DevOps, and Test Automation
  • O-RAN White-box Hardware diversity ecosystem
  • Open Fronthaul Transport Testing with multiple O-RUs

Several of these areas utilize AI-powered intelligent components, including Service Management and Orchestration (SMO), RAN Intelligent Controllers (RICs) and related xApps/rApps, enabled by O-RAN specifications.

Learn more about the PlugFest and register on our website.

Details from previously completed O-RAN PlugFests are publicly available in the O-RAN PlugFest Virtual Showcase.

Participation is free for O-RAN ALLIANCE members and participants. Non-member organizations are welcome to join the O-RAN ALLIANCE to gain membership benefits, including:

  • Complimentary PlugFest participation
  • Access to face-to-face meetings and technical work groups
  • Collaboration with a diverse global O-RAN ecosystem

Learn more and apply for O-RAN ALLIANCE membership through our website.

“The O-RAN Global PlugFest is more than just a testing event – it’s where ideas become solutions and collaborations help enable future real-world deployments,” said Brian Daly, Co-chair of the O-RAN Technical Steering Committee and AVP at AT&T Services Inc. “Participants will benefit from access to advance labs and cooperation with others on validation and integration of technology and solutions shaping the next generation of open, intelligent, and virtualized RAN.”

About O-RAN ALLIANCE
The O-RAN ALLIANCE is a world-wide community of mobile operators, vendors, research & academic institutions as well as governmental agencies, operating or interested in Radio Access Networks (RAN). As the RAN is an essential part of any mobile network, the O-RAN ALLIANCE’s mission is to re-shape the industry towards more intelligent, open, virtualized and fully interoperable mobile networks. The new O-RAN specifications enable a more competitive and vibrant RAN supplier ecosystem with faster innovation to improve user experience. O-RAN based mobile networks at the same time improve the efficiency of RAN deployments as well as operations by mobile operators. To achieve this, the O-RAN ALLIANCE publishes new RAN specifications, releases open software for the RAN, and supports its members in integration and testing of their implementations.

For more information, please visit www.o-ran.org.

Appier’s historical high revenue, gross profit and operating profit signal continued profitable growth

The year-over-year growth rates for FX-neutral revenue and gross profit reached the highest level in the past eight quarters, underscoring strong business momentum

Highlights and achievements of Q2 FY25

  • Revenue reached a record high of JPY 10.3 billion, with a robust 27% YoY growth (JPY 11.0 billion with a 35% YoY growth on a FX neutral basis)
  • The YoY growth rates for revenue (35% on an FX-neutral basis) and gross profit (38%) both reached their past 8 quarters’ high, marking a remarkable trajectory
  • Gross profit grew 38% YoY to a record JPY 5.8 billion, with an all-time high gross margin of 56.1%. This significant margin improvement was driven by both high-margin products and ongoing margin expansion from the core business
  • Profitability outperformed, as operating profit soared to a record high of JPY 806 million, elevating the operating margin to 7.8% with a remarkable 130% YoY growth
  • Strong performance fueled by continuous robust growth in key markets, a 26% YoY increase in NEA (35% on an FX-neutral basis), and 37% YoY growth (48% on an FX-neutral basis) in the US & EMEA

Stellar growth momentum powered the close of Q2 FY25.

TOKYO, Aug. 15, 2025 /PRNewswire/ — Appier Group Inc. (TSE: 4180) today announced its earnings results for the second quarter of fiscal year 2025. The company delivered a record-high revenue of JPY 10.3 billion, marking robust 27% YoY growth (JPY 11.0 billion and a 35% on an FX-neutral basis), driven by organic business expansion and the strategic contribution from AdCreative.ai in key regions. 

Record-high gross margin and operating profit propel the company’s profitability momentum. The YoY growth rate for FX-neutral revenue was up 35% and gross profit was up 38%, both reaching an eight-quarter high, revealing Appier’s successful strategy and devoting resources to high-margin products to accelerate market penetration.

Appier’s gross profit also reached a record high of JPY 5.8 billion, representing 38% YoY growth, surpassing revenue growth. Gross margin hit an all-time high of 56.1%, a jump of 4.8 percentage points YoY, demonstrating ongoing margin expansion from the contribution of high-margin products, continued organic margin improvements, and advanced adoption of Generative AI (GenAI) technology.

Profitability significantly improved, with operating income surging to a new all-time high of JPY 806 million, reflecting a remarkable 130% YoY increase. Operating margin nearly doubled with YoY growth up to 7.8%, despite the newly recorded OPEX associated with the full consolidation of AdCreative.ai, underscoring Appier’s strong operating leverage from enhanced productivity, resilient business models, and disciplined execution despite foreign exchange headwinds. Core free cash flow also turned positive, reflecting stronger cash generation.

Strong outperformance in key regions, NEA and US & EMEA

Revenue growth remained balanced, with 51% of incremental revenue from existing clients across NEA e-commerce and positive momentum in the US and EMEA. The remaining 49% came from new customers in key regions, supported by NEA’s vertical diversification and strong US and EMEA traction from vertical and product expansion. Appier’s client base expanded by 14% YoY, LTM Net Revenue Retention (NRR) remained strong at 120%, with quarterly ARPC growing 12.6% YoY on an FX-neutral basis, propelled by strategic customer expansion.

Northeast Asia (NEA)’s growth accelerated to 35% YoY on an FX-neutral basis, with solid existing customer expansion and accelerated new customer acquisition; while the US & EMEA achieved an even stronger growth rate of 48% YoY on an FX-neutral basis, fueled by customer base expansion and product diversification.

The accelerated deployment of GenAI technology throughout Appier’s platforms is unlocking powerful product synergies that elevate the company’s creative capability and amplify go-to-market success. By harnessing differentiated GenAI-driven insights and scalable execution, these innovations are starting to enhance Appier’s profitable growth and are poised to further strengthen its ROI and operational efficiency going forward.

Sustained growth driven by disciplined OPEX and AI-powered value creation

The company’s disciplined, cost-effective management and scalable revenue growth, driven by product differentiation from R&D investment and AI-powered automation, have led to an ongoing improvement in the OPEX-to-revenue ratio. Appier’s R&D spending has created a positive cycle, delivering greater operating leverage and efficiency as its business scales.

“AI continues to be a powerful engine in driving efficiency, enabling us to achieve strong profitability goals. Following the combination of AI creative content and AI-empowered marketing software suites, we are confident in delivering differentiated products that drive business results and sustaining our growth momentum,” said Chih-Han Yu, CEO and co-founder of Appier. “Appier has been pioneering agentic AI for over a decade. Riding the global wave of agentic AI adoption, we are now embarking on our next transformation by integrating multi-AI agents across the full product suite and internal workflow, unlocking greater value for our long-term growth.”

Strong foundation in agentic AI for the next phase of growth

Building on a strong foundation in agentic AI, Appier is poised for its next phase of growth. The company will continue to introduce new agentic AI-powered solutions—including agent-delivered ROI, creativity, and overall operational efficiency—to fuel both product innovation and internal performance.

About Appier

Appier (TSE: 4180) is an AI-native SaaS company that empowers business decision-making with cutting-edge AdTech and MarTech solutions. Founded in 2012 with the vision of “Making AI Easy by making software intelligent,” Appier endeavors to help businesses turn AI into ROI with its Ad Cloud, Personalization Cloud, and Data Cloud solutions. Now Appier has 17 offices across APAC, the US and EMEA, and is listed on the Tokyo Stock Exchange. Visit www.appier.com for more company information, and visit ir.appier.com/en/ for more IR information.

 

 

Translators’ Voices: ‘Two mountains’ concept presents a fundamental shift in how development should work: Global Times

BEIJING, Aug. 14, 2025 /PRNewswire/ —

Editor’s Note:

August 15 marks the National Ecology Day. During an inspection tour to Yucun village, Anji county in East China’s Zhejiang Province on August 15, 2005, Xi Jinping, then secretary of the Zhejiang Provincial Committee of the Communist Party of China (CPC), for the first time put forward the concept of “lucid waters and lush mountains are invaluable assets.” 

Since the 18th CPC National Congress, ecological civilization has been placed in the country’s “five-sphere” integrated plan. The concept has become the core philosophy and action framework for China’s eco-civilization construction, ushering in a new chapter for China’s ecological civilization. Guided by this philosophy, the country has achieved historic, transformative, and comprehensive changes in ecological and environmental protection, which has become a distinctive feature of the historic accomplishments and transformations in the cause of the Party and the country.

The book series of Xi Jinping: The Governance of China includes several important speeches on ecological construction. Chinese President Xi’s directive on China’s first National Ecology Day in 2023 is included in Volume V of the book series. President Xi said “I hope our whole society acts now to promote and apply the concept that lucid waters and lush mountains are invaluable assets. Through solid and sustained efforts, we will make a greater contribution to building a clean and beautiful world.”

In the 10th installment of the special series “Decoding the Book of Xi Jinping: The Governance of China,” the Global Times, along with People’s Daily Overseas Edition, explores the theme: China’s innovative approach in ecological conservation and its global impact. We continue to invite Chinese and foreign scholars, translators of Xi’s works, practitioners with firsthand experience, and international readers to discuss how the concept of “lucid waters and lush mountains are invaluable assets” and relevant practices contribute to sustainable development, global ecological governance and building a community with a shared future for humanity.

In the 10th article of the “Translators’ Voices” column, Global Times (GT) reporter Wang Wenwen interviewed Dr. Khosraw Ubaidy (Ubaidy), who was a member of the editorial committee of translators of the Dari edition of the book series Xi Jinping: The Governance of China.

GT: The newly published volume V of the book series Xi Jinping: The Governance of China included Xi’s directives on the first National Ecology Day in 2023, in which he expressed hope that the whole society acts now to promote and apply the concept that lucid waters and lush mountains are invaluable assets. The concept has become a guiding principle for China’s ecological civilization construction, clarifying the relationship between economic development and environmental protection. From your perspective, what specific policies has China implemented to balance ecological protection and economic growth? How can this guiding principle and these specific policies provide lessons for global sustainable development?

Ubaidy: China’s famous saying, “lucid waters and lush mountains are invaluable assets,” isn’t just a concept – it presents a fundamental shift in how development should work. Instead of sacrificing nature for short-term economic gains, China has developed policies that treat the environment as invaluable assets. Take the “ecological red lines” program, which protects nearly a third of the country’s land from destructive development. Or consider China’s substantial investments in solar and wind power, demonstrating that cutting emissions doesn’t mean sacrificing growth. Even heavy industries now face strict pollution controls, while rural areas profit from eco-tourism and organic farming, turning untouched landscapes into sustainable sources of income.

What’s revolutionary here is the mind-set: economic progress and environmental health aren’t enemies – they’re partners. China’s approach shows that developing countries can leapfrog non-clean phases of growth entirely. For Global South nations, this is a game-changer. Why repeat the mistakes of coal-dependent 20th-century development when today’s tech allows cleaner paths? China’s model proves that protecting forests, rivers, and farmland isn’t anti-growth – it’s the only growth that lasts. The lesson? True prosperity isn’t just GDP numbers; it’s breathable air, drinkable water, and stable climates. As climate disasters escalate, this isn’t just China’s strategy – it’s the world’s necessary future.

GT: In his speech at a national conference on ecological and environmental protection in 2023, Xi emphasized that the Party’s overall leadership must be upheld and strengthened. The five volumes of the book series Xi Jinping: The Governance of China provide elaboration on ecological civilization. How do you view the leadership role of the CPC Central Committee with Comrade Xi Jinping at its core, in the construction of China’s ecological civilization?

Ubaidy: Viewed from a governance and philosophical perspective, the leadership of the CPC Central Committee with Comrade Xi Jinping at its core frames ecological civilization not merely as an environmental policy, but as a developmental paradigm that binds ecological, economic, social, and political objectives into a single continuum. President Xi’s leadership, as articulated in the book on Xi Jinping Thought on Ecological Civilization and echoed in Xi Jinping: The Governance of China, elevates top-level design, long-term planning, and cross‑sector coordination to ensure that ecological goals become systemically embedded in law, finance, industry, and regional development.

GT: China has put forward a new development philosophy of innovative, coordinated, green and open development for all, incorporating the “dual carbon” goals (peak carbon and carbon neutrality) into its national strategy. How do these top-level designs reflect the core of China’s high-quality development and ecological civilization construction?

Ubaidy: China’s new development philosophy, alongside its “dual carbon” goals, has redefined economic and social priorities by embedding sustainability into the core of growth. Innovation now drives high-value sectors like AI and renewables, reducing reliance on low-end manufacturing, while coordinated development bridges regional disparities through strategic infrastructure and supply chain integration. Green transformation enforces strict ecological accountability, scaling renewable energy (solar/wind capacity surpassing 1,200 GW) and penalizing high-pollution industries, reflecting a shift from GDP-centric growth to “ecological civilization.” Openness, under the dual-circulation model, strengthens domestic demand while positioning China as a leader in global green tech, evidenced by its dominance in EVs and battery production. The “dual carbon” targets act as structural discipline, accelerating coal phase-outs and carbon trading to align growth with decarbonization. This top-down redesign synthesizes Marxist dialectics with ecological modernity, shaping development as a sustainable recalibration of China’s civilizational trajectory where economic vigor and environmental stewardship are inextricably linked.

GT: In 2013, Xi mentioned in his congratulatory message to the Eco Forum Annual Global Conference Guiyang that leave to future generations a working and living environment with a blue sky, green fields and clean water. In his inspection tour at the Qinling Mountains in Niubeiliang National Nature Reserve in northwest China’s Shaanxi Province in 2020, Xi said that ecological conservation and environmental protection are contemporary causes that will benefit many generations to come. What is your understanding of this long-term perspective?

Ubaidy: China’s long-term ecological governance philosophy centers on ecological civilization – a holistic, value-driven framework that ties development to the health of the natural world. This treats nature not as a mere resource but as a common inheritance and a bedrock of social justice and human well-being, embodying intergenerational responsibility and harmony between people and the environment.

Practically, it rests on a systematic governance architecture: the integrated plan, cross-department coordination, ecological red lines, and market-based tools like carbon trading, all aimed at achieving carbon peaking by 2030 and carbon neutrality by 2060. It fuses green finance, clean technology, and public participation to mobilize both markets and communities. The approach seeks to stabilize ecosystems, improve living environments, and sustain inclusive growth, building resilience in the face of climate and ecological risks.

In sum, China’s ecological governance combines a dignified, future-oriented philosophy with a robust, multi-level institutional toolkit, pursuing sustainable prosperity while honoring the planet’s finite boundaries.

GT: President Xi proposed the concepts of “strengthening biodiversity conservation” and “building a community of all life on the Earth,” and called on all countries to work together to address challenges such as biodiversity loss and ecosystem degradation. How do you evaluate this approach to transforming ecological values into international action? In the current international political climate, how can China cooperate with more countries in the ecological field?

Ubaidy: Xi’s proposals ground biodiversity protection in a universal ethic of stewardship and interdependence, turning ecological values into international norms that unite diverse publics around shared stakes rather than ideological lines. The idea of a “community of all life” echoes cosmopolitan duties and intergenerational justice: Today’s choices shape tomorrow’s life support systems.

To translate values into action, China can leverage multiple channels: strengthen global governance by embedding biodiversity in multilateral frameworks, align targets with the Sustainable Development Goals, and establish clear, science-based metrics; promote openness and cooperation through joint research, technology transfer, capacity building, and open data sharing; mobilize finance and incentives via green finance, biodiversity focused investments, debt relief for biodiversity projects, and mechanisms that invite private-sector participation; and engage civil society and culture through education, media, and science to sustain public support. To broaden buy-in, China can lead by example, honor diverse responsibilities, invite inclusive dialogue, and offer win-win partnerships that deliver concrete biodiversity gains while advancing development and energy transition.

 

Rizhao builds port-city model for 21st century

RIZHAO, China, Aug. 14, 2025 /PRNewswire/ — A news report from chinadaily.com.cn:

Once a modest fishing outpost, the port city of Rizhao is rewriting its future. Since Shijiu Port opened in 1986 and the city won prefecture-level status in 1989, officials have treated the waterfront as the engine driving industrial development.

The bet is paying off: port-related industries have accounted for over 85 percent of the city’s above-scale industrial output and profits for years.

Smart port serves as global hub

Rizhao now runs the only Chinese harbor with two 1,000-kilometre railways entering the yard, enabling fully automated unloading-to-loading cycles for both trains and ships. 5G, AI and a lightweight edge-computing platform allow real-time visualization of every container.

Officials reported that Rizhao Port handled 552 million metric tons last year, ranking tenth nationwide. The port ranks first nationally in six cargo categories and exceeds 10 million tons in nine others, serving as a global hub for grain, energy and bulk raw materials.

From coal yard to golden shore

Development has not come at the expense of the coast. A 100 percent excellent water-quality record in near-shore waters earned Rizhao pilot status for China’s “beautiful bays” programme.

The refurbished Hailong Bay reopened to the public on May 25, completing an eight-year, 460,000-square-meter beach restoration that turned a former coal stockpile into 1,882 meters of ecological shoreline where finless porpoises and egrets now outnumber bulldozers.

Business climate fuels prosperity

Rizhao has paired hardware upgrades with red-tape cuts under a new business-environment plan that promises “convenient, efficient and reassuring” approvals. Officials said the reforms are designed to convert the port’s cargo traffic into lasting economic “increment” and to deepen the fusion of port, industrial park and downtown districts.

According to city data released in June, in the first five months of 2025, fixed-asset investment rose 8.3 percent year-on-year, industrial output above designated size by 8.1 percent, and the revenue of service enterprises above designated size by 10.6 percent. If current momentum holds, Rizhao’s experiment could offer a template for other coastal cities in balancing growth, livability, and climate goals.

 

Saudi Arabia leaps from 104th to 23rd globally in the Mining Investment Attractiveness Index

RIYADH, Saudi Arabia, Aug. 14, 2025 /PRNewswire/ — Saudi Arabia’s mining sector has achieved an unprecedented global milestone, jumping from 104th place in 2013 to 23rd in 2024 in the Fraser Institute’s Mining Investment Attractiveness Index, according to the Institute’s 2024 Annual Survey of Mining Companies. The Kingdom surpassed mining jurisdictions in prominent destinations across Asia and Latin America.

King Abdullah Financial District in Riyadh
King Abdullah Financial District in Riyadh

 

The Kingdom also made notable progress in the Policy Perception Index (PPI), rising from 82nd globally in 2013 to 20th in 2024, reflecting growing international confidence in its stable regulatory environment.

The Mineral Potential Index (MPI) also saw an unprecedented leap, moving from 58th in 2013 to 24th in 2024, highlighting the scale of the Kingdom’s vast and untapped mineral wealth—supported by ongoing geological surveys, new discoveries, and widely attended mining licensing rounds.

“This outstanding performance reflects the structural transformation and holistic efforts being driven across the mining and mineral sector under Vision 2030,” said His Excellency Eng. Khalid Al-Mudaifer, Vice Minister for Mining Affairs.

“Our focus remains on maximizing the economic value of our mineral resources, creating jobs for citizens, and localizing supply chains. Mining is no longer a traditional sector; rather, it has become a key driver of industrial and economic growth, and we are committed to building on this momentum to ensure sustainable success,” Al-Mudaifer added.

The noted that the Kingdom’s success was driven by broad regulatory transformations covering security of tenure, taxation, environmental legislation, infrastructure, and community engagement. These efforts enabled Saudi Arabia to enter the top quartile of the index for the first time.

According to the Fraser Institute report, the Kingdom achieved exceptional improvements in key indicators between 2013 and 2024, including:

  • 305.8% improvement in the clarity and effectiveness of mining administration, from 17% in 2013 to 69% in 2024, ranking 11th globally.
  • 82.2% improvement in clarity of land use for mining activities, from 45% in 2013 to 82% in 2024, ranking 7th globally.
  • 102.2% improvement in labor regulations, from 45% in 2013 to 91% in 2024.
  • 81.8% improvement in the quality of geological databases, from 33% in 2013 to 60% in 2024.

The report praised the Kingdom’s stable regulatory environment and ambitious reforms, which have strengthened international investor confidence and solidified Saudi Arabia’s status as a world-class mining investment destination—fully aligned with Vision 2030’s goal of diversifying the economy and developing strategic sectors. 

The TopBrand 2025 “Top 500 Global Brands list” has been released, with Microsoft ranking first.

SHENZHEN, China, Aug. 14, 2025 /PRNewswire/ — The 19th China Brand Festival has been successfully held in Shenzhen from August 7–11, 2025. This year’s theme is “AI and Global Expansion.” A total of 10,000 guests have been gathered in the city of innovation to participate in parallel forums, the Brand Expo, the Entrepreneurs’ Sports Games, Brand Leaders Face-to-Face sessions, and other events. More than 2,000 people attended the opening ceremony.

The TopBrand 2025 “Top 500 Global Brands list” has been released, with Microsoft ranking first.
The TopBrand 2025 “Top 500 Global Brands list” has been released, with Microsoft ranking first.

During the event, the TopBrand Union released the TopBrand 2025 “Top 500 Global Brands list”, now in its fourth year. Microsoft ranked first with a brand value of USD 1,062.505 billion, followed by NVIDIA in second place with USD 1,046.760 billion, and Apple in third with USD 997.685 billion. Amazon, Alphabet (Google), Saudi Aramco, Walmart, Meta (Facebook), Berkshire Hathaway, and Broadcom ranked fourth to tenth, respectively. PetroChina ranked 14th, making it the highest-valued Chinese brand.

Dr. Wang Yong, Chairman of TopBrand Union and President of the China Brand Festival, noted that in the recently released “Fortune 2025 Global 500 list”, China had 130 companies on the list, just eight fewer than the United States. However, in this TopBrand 2025 “Top 500 Global Brands” ranking, the number of Chinese companies is less than half that of the United States. This shows there is still a significant gap between the brand influence of Chinese companies and their economic strength, and much work remains to be done.