Geothermal has the potential to unlock vast amounts of affordable, reliable, and clean energy and heat, becoming a vital part of Indonesia’s energy security and economic development
JAKARTA, Indonesia , June 3, 2025 /PRNewswire/ — Project InnerSpace, an independent, not-for-profit organization committed to eliminating the major barriers to scaled development of geothermal energy, launched a new effort in partnership with the Institute for Essential Services Reform (IESR), a leading energy think tank in Indonesia, to further expand development of Indonesia’s vast geothermal resources.
Project InnerSpace and Institute for Essential Services Reform (IESR), a leading energy think tank in Indonesia, will publish a comprehensive geothermal report and roadmap, entitled “The Future of Geothermal in Indonesia,” this fall.
Indonesia is the second largest producer of geothermal energy for electricity worldwide, according to the International Energy Agency’s “The Future of Geothermal Energy” report. Indonesia added more than 1GW of geothermal net power capacity to its energy supply between 2013 and 2023 and has large-scale geothermal projects underway. Much more is possible. An initial analysis of data from Project InnerSpace’s GeoMap™ shows that Indonesia has about 3,000 GW of geothermal potential, of which about 20 GW — or half of Indonesia’s total energy demand — can be reached at an LCOE of less than $150 per MWh. There is also significant opportunity for direct-use heat.
Project InnerSpace and IESR convened a broad group of industry leaders, policy-makers, and subject matter experts in Jakarta today to solicit ideas and feedback for a concrete and actionable plan to meet that potential and rapidly scale geothermal development in Indonesia. Project InnerSpace and IESR will publish a comprehensive geothermal report and roadmap, entitled “The Future of Geothermal in Indonesia,” in English and Bahasa Indonesia in the fall. The report will leverage Indonesia-based subject matter experts and expertise to examine the country’s total geothermal potential across all applications and technological concepts, and offer recommendations for overcoming investment barriers, adopting policies that encourage geothermal development, and implementing practical strategies to move the industry forward. Contributors include Universitas Gadjah Mada, Enerka, Purnomo Yusgiantoro Center and Universitas Brawijaya.
“Indonesia has long recognized geothermal energy as a central component of its energy strategy,” said Fabby Tumiwa, Executive Director of IESR. “Working in partnership on this initiative with Project InnerSpace, we hope to accelerate development so we can truly take advantage of the vast geothermal resources beneath our feet. Indonesia is already a global leader in geothermal energy generation, but, through initiatives like this report, the nation can continue to advance into the next-generation of geothermal exploration and growth.”
“Indonesia sits atop massive geothermal resources so it is only fitting that it is among the countries at the forefront of geothermal development,” said Jamie Beard, Executive Director of Project InnerSpace. “By bringing together Indonesia’s geothermal energy and policy leaders, we can foster collaboration, accelerate the timeline and turn potential into action. Geothermal will be a huge win for Indonesia’s energy future.”
Project InnerSpace is a 501(c)3 non-profit focused on expanding the use of geothermal energy globally. We are a team of scientists working to combine the voices of visionaries, entrepreneurs, and disruptors with the breakthrough expertise of geologists, drilling experts, and well engineers to build a future where geothermal powers the world with abundant and affordable energy. Project InnerSpace’s catalogue of “Future of” reports includes Texas and Pennsylvania (US), with reports in New Mexico (US), India and Indonesia in development. For more information, visit ProjectInnerSpace.org or connect with us on LinkedIn.
SINGAPORE, June 3, 2025 /PRNewswire/ — From June 3 to 5, NRF APAC 2025 (Retail’s Big Show Asia Pacific) will take place at the Marina Bay Sands Expo and Convention Centre in Singapore. Co-organized by the National Retail Federation (NRF) and Comexposium, the premier event highlights retail digitalization, enhanced customer experiences, and industry innovation, offering a high-impact networking hub for exhibitors and attendees worldwide.
DMALL stand
Dmall Inc. (02586.HK), a leading Chinese retail tech pioneer, debuts at the event, showcasing its latest AI-powered solutions, best practices, and ESG achievements.
At the event, Dmall partners with Frost & Sullivan to release its White Paper on Current Situation and Trends of Overseas Development of China’s Retail Digitalization Solution Providers. The report analyzes the evolving demands for retail digital transformation and outlines the expansion strategies of Chinese tech innovators.
Frost & Sullivan notes that rising consumer expectations and sustainability goals are unlocking growth potential across global retail markets. AI, cloud computing, and big data are enabling retail tech firms to optimize and expand their global footprint.
Dmall OS, the company’s flagship product, will take center stage. The display traces its evolution from Dmall OS 1.0 to 3.0, highlighting globally-compliant, AI-powered, premium-grade, and ecosystem-oriented features.
Dmall OS 3.0, integrated with IoT capabilities, delivers end-to-end retail digitalization, empowering businesses to thrive through comprehensive operational enhancements and data-driven growth strategies.
Dmall also collaborates with Urovo, SuperHii and other hardware makers to demonstrate interactive experiences powered by PDA devices, smart shopping carts, POS systems, and electronic shelf labels —demonstrating how software-hardware synergy transforms retail operations and consumer experiences.
China has become a leader in AI applications, with vertical models addressing sector-specific challenges. At the expo, Dmall spotlights its next-gen AI-enabled solutions, including AI Shopping Assistant, AI-enabled Clearance, and AI Inspection.
Notably, AI-enabled Clearance utilizes sales and inventory history to auto-calculate discount rates, generating real-time promotions to maximize margins and reduce waste.
Additionally, Dmall showcases its ESG accomplishments, focusing on governance, data security and privacy protection, low-carbon initiatives, and community programs. As ESG gains prominence globally, Dmall’s practices offer retailers a blueprint for balancing business success and social responsibility.
From 2015 to 2025, Dmall has expanded its presence from China to APAC, Europe, and beyond. Guided by the vision of “Chinese Innovation, Empowering Global Retail”, the company continues to integrate best practices with retail digitalization solutions, streamlining operations for retailers while enhancing consumer experiences.
SHENZHEN, China, June 3, 2025 /PRNewswire/ — Baseus has become a leading name in the consumer electronics industry over the past decade and continues to make waves across the world. Through dedication and hard work, the company has mastered creating innovative, intuitive, and exciting new products that make the modern user’s life easier.
Now, Baseus is excited to announce the launch of the all-new Baseus Nomos NU1 Air Spacemate 12-in-1 Docking Station in a cool Space Grey design. This versatile and powerful charging device will elevate the way you operate – whether you’re at home, at work, or traveling. Let’s take a closer look at some of the unique and outstanding highlights of the 12-in-1 docking station supernova.
12-in-1 Charging Expansion: Naturally, one of the main attractions of the Nomos NU1 Air Spacemate 12-in-1 Docking Station is its versatile applications. The innovative docking station comes equipped with 2 4K@60 HDMI display ports, 2 USB-C 10 Gbps data ports, 2 USB-A 5 Gbps data ports, and 2 USB-A 480 Mbps data ports. It also features a 100W USB-C PD input port, two 104 Mbps SD and TF ports, and a 1GB Ethernet port.
Vibrant 4K@60Hz Dual Display: To push the limits of what is possible, the Nomos NU1 Air Spacemate 12-in-1 Docking Station also supports 4K@60Hz dual display. This allows you to use up to two different Windows system screens and can display different images with crystal-clear clarity for a seamless user experience. It should be noted that macOS doesn’t support Multi-Stream Transport (MST), which means that dual monitors will display the same content for macOS devices.
Smart Power Management: Save power while speeding up work efficiency with your Spacemate 12-in-1 Docking Station. With built-in intelligent smart power management, this docking station will automatically detect port usage and reasonably allocate port power for optimal usage. This ensures the best user experience while saving energy.
Energy Saving Mode: Maintain your power and privacy at the same time with a convenient touch of a button. The Nomos NU1 Air Spacemate 12-in-1 Docking Station features a seamless and simple button that you can press once to lock your screen and protect your data from prying eyes. You can also press the same button for 2 seconds to enter Energy Saving Mode. This will directly disconnect every other port aside from the PD charging port. While these ports are disconnected, the docking station will continue to charge your device, ensuring that your computer is fully loaded and ready to go the next day.
100W Fast Charging: Put the speed back in your charging with 100W PD fast charging from the Nomos NU1 Air Spacemate 12-in-1 Docking Station. This intelligent feature will keep all your devices fully powered up and ready to go in just a few moments – ultimately boosting productivity and seamlessly elevating the way you work.
10 Gbps Fast Data Transfers: The Air Spacemate 12-in-1 Docking Station ensures better efficiency and productivity by introducing rapid data transfers. With 2 USB-C 10 Gbps data ports and SSD support for high-speed data transfers, users can transfer 20 GB files in just 20 seconds. This ensures lag-free performance and seamless processing, ideal for heavy-duty tasks, video editing, or 3D rendering. Notably, the innovative inclusion of a SD port and a TF port gives the model an added edge.
More than anything, Baseus has shown a strong commitment to giving users what they need in every setting. From work to leisure, every Baseus product is built to make life simpler and more modern while adapting to unique lifestyles along the way. The Nomos NU1 Air Spacemate 12-in-1 Docking Station is proof of this promise to create a better future by putting the users first.
Thoughtfully designed and more affordable, the Air Spacemate is now available on Amazon for $99.99/€99.99, with deals of $79.99/€79.99 and $89.99/€89.99 up for grabs during 30 May – 29 Jun:
About Baseus Founded in 2011, Baseus was born out of utmost care for users. The company embodies its slogan: Practical. Reliable. Base on User. This shows the pursuit of ultimate practicality to solve users’ problems with outstanding design and fashionable appearances that also reflect reliability, high quality, and cost-effectiveness. Baseus delivers a variety of products – including Portable Chargers, Desktop Chargers, Wall Chargers, Wireless Earbuds, and Docking Stations. Chosen by 300 million users and providing 6 billion services, Baseus delivers over 100 million practical and aesthetic products each year, continuously enhancing users’ sense of fulfillment. Join the Baseus family today to see a new world of technological innovation.
Media Contact: Name: Baseus PR Team Phone: +1 (213) 512-7063 Email: pr@baseus.com Baseus Technology (HK) Co., Ltd Baseus Official Website: https://www.baseus.com/
The Nambeng Coffee Cooperative (NCC) and Bolaven Story Coffee have claimed top honors at the Lao Green Coffee Competition 2025, held from 15 to 22 May on the Bolaven Plateau in Pakse district, Champasak Province.
Laos eases Thai livestock imports after anthrax outbreak, allowing cows, buffaloes, pigs, etc., with strict disease-free and vaccination rules. (Photo: Karuna Society for Animals and Nature)
Laos has eased its ban on importing livestock and meat products from Thailand, imposed earlier this month following a fatal anthrax case in Mukdahan Province.
The updated policy, announced by the Ministry of Agriculture and Forestry on 30 May, permits imports of cattle, buffaloes, horses, pigs, sheep, goats, and related products, provided they meet strict health and quarantine conditions.
Under the latest announcement, imports are now allowed in Lao provinces bordering Thailand, but all animals must originate from disease-free areas and be vaccinated against anthrax at least 20 days before entry. A mandatory 21-day quarantine applies to all incoming livestock before they can be integrated into local herds.
However, the ban remains in effect for any animals or products originating from or transiting through Mukdahan, the site of the anthrax case that prompted the initial suspension. This restriction will remain in place for at least another 30 days.
For animals in transit to third countries via Laos, authorities have prohibited vehicle changes and stopovers within Lao territory.
Cambodia, meanwhile, has maintained its precautionary stance, continuing to suspend imports of Thai livestock and meat products, maintaining restrictions introduced on 6 May.
Laos itself experienced an anthrax outbreak in 2024, with 54 human cases and several cattle deaths reported within one month in Champasack Province.
The disease, caused by the soil-borne bacterium Bacillus anthracis, can be transmitted to humans through direct contact, inhalation, or consumption of contaminated animal products.
Added new locations in Japan, China, the UAE and Saudi Arabia, including the brand’s first resort
La Clef Bangkok by The Crest Collection is set to open soon, bringing the brand’s number of operating properties in Southeast Asia to four
Launches The Crest Chronicles, the inaugural brand programme celebrating the unique heritage stories that define each property and enrich guest experiences
SINGAPORE – Media OutReach Newswire – 3 June 2025 – The Ascott Limited (Ascott), the wholly owned lodging business unit of CapitaLand Investment (CLI), is accelerating the global expansion of its European-born luxury brand, The Crest Collection, in response to growing demand from luxury travellers for distinctive, heritage-rich stays. Over the past six months, the brand has gained strong momentum across East Asia and the Middle East, adding over 1,200 units from four new signings and one opening. The portfolio now comprises 16 properties with over 2,700 units, both operational and in the pipeline, across 11 countries and 13 cities. As a key brand within the Ascott Star Rewards (ASR) programme, The Crest Collection enhances the diversity of the ASR portfolio, offering members a broader range of luxury options and more opportunities to experience heritage-inspired stays around the world.
Opening in the second half of 2029, SEN/KA TOKYO by The Crest Collection will mark the luxury brand’s debut in Japan.
Among the newest additions in East Asia is SEN/KA TOKYO by The Crest Collection, set to open in the second half of 2029, marking the brand’s debut in Japan. Also contributing to growth in the region are two developments in China: Hong Yuan Hotel by The Crest Collection, which opened in Haikou, Hainan Province, at the end of last year, and a property slated to open by mid-2026 in Wuhan’s Donghu New Technology Development Zone, commonly known as Optics Valley. In the Middle East, Al Mahra Resort by The Crest Collection – the brand’s first resort and its debut in the United Arab Emirates – will open in early 2027, to be followed by the brand’s first property in Saudi Arabia, opening in Riyadh in 2028.
Ms Serena Lim, Chief Growth Officer, Ascott, said: “Interest in luxury stays continues to rise in Asia and the Middle East, driven by travellers seeking meaningful connections to the region’s rich culture and heritage. The Crest Collection meets this aspiration with its ‘A Story Behind Every Door’ brand promise, delivering culturally immersive experiences enriched by each property’s distinctive identity, while enabling owners to tap into the strength of Ascott’s global commercial ecosystem. Supported by our flex-hybrid model and multi-typology brand strategy, The Crest Collection is highly conversion-friendly, adapting seamlessly across serviced residences, hotels, resorts and other accommodation types. While recent signings highlight new builds such as the brand’s first resort, its adaptability also makes it ideal for property conversions that enable swift time-to-market. By tailoring solutions to the unique demands of each location, our market-driven approach empowers us to respond to evolving traveller expectations with agility and deliver sustained value for owners.”
The luxury travel sector is projected to grow from US$1.4 trillion in 2024 to US$2.2 trillion by 2030, driven not just by affluence among the wealthy but also by younger travellers who are willing to pay top dollar for meaningful experiences[1]. With luxury travellers drawn to destinations that excite, along with surprising environments and experiences that speak to their individuality[2], it is clear that the true essence of luxury lies in celebrating unique stories rather than uniformity.
Ms Tan Bee Leng, Chief Commercial Officer, Ascott said: “Curating experiences that resonate with the expectations of the most discerning travellers has become the currency of modern luxury. Our most affluent guests are seeking emotional connection, personal transformation and cultural resonance. By integrating heritage narratives with thoughtfully curated hospitality, The Crest Collection offers our guests a luxurious and storied experience rooted in the unique identity of each property and its locale. Defined not only by what is provided, but by what is remembered, every stay at a Crest Collection property reflects Ascott’s boutique lens on luxury – one that nurtures individuality and crafts hyper-localised, distinctive experiences that engage all the senses. This approach allows us to offer timeless sophistication, elevated by bespoke touches that reflect the spirit of each destination. As The Crest Collection expands from Europe to Asia and the Middle East, we remain dedicated to redefining modern luxury through evocative, story-driven experiences that deliver meaningful moments with purpose and creativity.”
Distinctive Heritage Stories Shape The Crest Collection’s Luxury Expansion
With every addition, The Crest Collection reinforces its vision of heritage-inspired hospitality. Each property brings local culture to life through design, storytelling and immersive guest experiences.
Slated to open in mid 2025, the 115-unit La Clef Bangkok by The Crest Collection artfully blends French Art de Vivre with cherished Thai heritage, offering a range of premium amenities including a luxurious swimming pool, rejuvenating onsen, residents’ lounge and a state-of-the-art fitness centre.
La Clef Bangkok by The Crest Collection, opening in mid-2025, is situated near Thong Lo BTS station on the historically significant Sukhumvit Soi 38. The 115-unit luxury serviced residence artfully blends French Art de Vivre with cherished Thai heritage, offering a range of premium amenities including a luxurious swimming pool, rejuvenating onsen, inviting residents’ lounge and state-of-the-art fitness centre. Beyond easy access to upscale shopping destinations, vibrant entertainment venues and top-tier medical facilities, guests can look forward to a refined selection of studios and one- to two-bedroom apartments, each thoughtfully designed to embody the timeless elegance and rich legacy of its distinguished location.
The upcoming SEN/KA TOKYO by The Crest Collection is part of the landmark Yaesu 1-Chome North District Type 1 Urban Redevelopment Project, located near Tokyo Station in the Yaesu district. The property’s name pays tribute to its location, historically known as Gofuku-cho (Kimono Fabric Town) during the Edo period, once home to prestigious kimono fabric shops patronised by the shogunate and the Imperial Household. The district’s rich heritage of delicate artistry and craftsmanship will be brought to life through the design and storytelling of this luxury hotel-in-residence, which features 92 guestrooms designed for both short and extended stays.
Hong Yuan Hotel by The Crest Collection, which opened late last year in Haikou, China, draws inspiration from the city’s historic role as a key gateway on the ancient Maritime Silk Road. Located in the Jiangdong New District of the Hainan Free Trade Port, the 261-key hotel blends Song Dynasty aesthetics with modern luxury. Guests are immersed in a richly storied environment – from copper screen partitions in the lobby and architecture echoing Song-era design, to Chinese paintings depicting maritime trade scenes in the restaurant, all reflecting Haikou’s historic role as a hub of global cultural and commercial exchange. The upcoming property in Wuhan’s Optics Valley will further grow The Crest Collection’s presence in China, offering a narrative rooted in the city’s academic and innovation heritage at the heart of a national high-tech development zone.
Al Mahra Resort by The Crest Collection located on Marjan Island, Ras Al Khaimah, takes its name from the Arabic word ‘mahra’, referring to a young female horse – a symbol of youthful grace, strength and noble spirit in Bedouin heritage. Reflecting these qualities, the 539-key beachfront resort will blend Arabian heritage with contemporary design, offering guests an experience rooted in the UAE’s rich equestrian and cultural legacy.
The Crest Collectionwill also make its debut in Saudi Arabia when it opens in Riyadh, offering bespoke hospitality in the Kingdom’s capital with a stay experience inspired by local culture. Strategically located on King Fahd Road and surrounded by key commercial and lifestyle hubs, the property will house a selection of accommodation options spanning elegant hotel rooms, serviced apartments, and suites, catering to both leisure and business travellers. Guests can expect access to an array of premium amenities, including specialty dining restaurants, a signature ‘Reading Room’ lounge and café, and comprehensive wellness facilities featuring a pool, gym, and treatment rooms. The property will also offer state-of-the-art meeting and multi-functional spaces.
The Crest Chronicles: Showcasing Heritage and Hospitality at The Crest Collection
Through a carefully curated series of activations spanning gastronomy, literature, architecture, art and performance, The Crest Chronicles brand programme brings heritage stories to life at each property within The Crest Collection. From culinary events that evoke the flavours of the past to literary legacies that immerse guests in historic narratives, this programme reveals the stories behind every door.
In Paris, France, La Clef Champs-Élysées Paris by The Crest Collection, the flagship property that launched the brand, has hosted Cognac Heritage Tastings featuring three exceptional eaux-de-vie – Hennessy, A.E. Dor and Koya – offering guests a unique journey through fine cognacs and brandies inspired by the heritage of the former Hennessy family mansion, now home to the hotel. Meanwhile, history enthusiasts can explore the 1889 Exposition Universelle through a Literary Display opening mid-June in the lobby of La Clef Tour Eiffel Paris by The Crest Collection.
At Hong Yuan Hotel by The Crest Collectionin Haikou, China, guests can immerse themselves in the cultural richness of the Song Dynasty, the hotel’s key design inspiration. Titled “The Four Refinements of the Song Dynasty”, year-round activities include tea tastings, floral arrangement workshops, incense crafting, art appreciation and guqin performances. Complementing these experiences, a thoughtfully curated culinary menu inspired by the 24 solar terms of Chinese culture promotes health, relaxation and seasonal nourishment.
Hong Yuan Hotel by The Crest Collection draws inspiration from Haikou’s historic role as a key gateway on the ancient Maritime Silk Road.
Starting early June in Singapore, cocktail aficionados can toast to the rich history of The Robertson House by The Crest Collection through a series of cocktail workshops that tell the story of the locale with expertly crafted spirits.
The issuer is solely responsible for the content of this announcement.
About The Ascott Limited
The Ascott Limited (Ascott) is driven by a vision to be the preferred hospitality company, enriching global living with heartfelt experiences. With a portfolio of over 990 properties across 230 cities in over 40 countries, Ascott’s presence spans Asia Pacific, Central Asia, Europe, the Middle East, Africa and the USA. Its diverse collection of award-winning brands includes Ascott, Citadines, lyf, Oakwood, Somerset, The Crest Collection, The Unlimited Collection, Fox, Harris, POP!, Preference, Quest, Vertu and Yello.
Ascott specialises in managing and franchising a wide range of lodging options, including serviced residences, hotels, resorts, social living properties and branded residences, catering to the varying needs and preferences of global travellers. Through the Ascott Star Rewards (ASR) loyalty programme, members enjoy exclusive privileges and curated experiences, enhancing every aspect of their travel journey.
As a wholly owned business unit of CapitaLand Investment Limited, Ascott generates fee-related earnings by leveraging its expertise in both lodging management and investment management. It also drives the expansion of funds under management by growing its sponsored CapitaLand Ascott Trust and private funds.
Headquartered and listed in Singapore in 2021, CapitaLand Investment Limited (CLI) is a leading global real asset manager with a strong Asia foothold. As at 31 March 2025, CLI had S$117 billion of funds under management held via stakes in seven listed real estate investment trusts and business trusts and a suite of private real asset vehicles that invest in demographics, disruption and digitalisation-themed strategies. Its diversified real asset classes include retail, office, lodging, industrial, logistics, business parks, wellness, self-storage, data centres, private credit and special opportunities.
CLI aims to scale its fund management, lodging management and commercial management businesses globally and maintain effective capital management. As the investment management arm of CapitaLand Group, CLI has access to the development capabilities of and pipeline investment opportunities from CapitaLand Group’s development arm. In 2025, CapitaLand Group celebrates 25 years of excellence in real estate and continues to innovate and shape the industry.
As a responsible company, CLI places sustainability at the core of what it does and has committed to achieve Net Zero carbon emissions for Scope 1 and 2 by 2050. CLI contributes to the environmental and social well-being of the communities where it operates, as it delivers long-term economic value to its stakeholders.
SHANGHAI, June 3, 2025 /PRNewswire/ — ITB China, Asia Pacific’s most influential travel industry trade show, officially kicked off on May 27 at the Shanghai World Expo Exhibition & Convention Center. YeePay, a leading enterprise payment service provider in China, made a strong appearance at this year’s show with its “One-Stop Global Travel Payment Network.” Leveraging cutting-edge financial technology, YeePay aims to power growth across the global travel market.
YeePay showcased its full suite of global travel payment solutions through an immersive, tech-driven booth experience. At the heart of the booth, a dynamic LED display supported by on-site demonstrations highlighted YeePay’s ability to solve key pain points for international travel partners entering the Chinese market—such as complex multi-currency settlements and high account management costs. The experience reflected YeePay’s core brand values in being a Professional, Innovative, and Trusted company.
Tang Bin, Founder and CEO of YeePay
Tang Bin, Founder and CEO of YeePay, shared his insights on the evolving relationship between payments and travel: “I believe payments—enhanced by AI—will make travel transactions more convenient, personalized, and intelligent. Payments also connect the foundational layers of commerce, helping people unlock greater spending power abroad. With data accumulation, we can deliver more personalized services through smart data mining. “
Bin added: “At its core, travel is about connecting people with the world, and payments serve as the bridge that connects people with commerce. As global travel becomes more accessible through better transportation and digital infrastructure, we must address new transactional challenges—like the security of payments, local currency processing. There’s a huge opportunity to innovate and improve the overall travel experience through payment solutions.”
YeePay’s One-Stop Global Travel Payment Network helps travel companies achieve cost-effective, fast, and optimized international payments. With an end-to-end transaction network and full-spectrum capabilities in global collections, payouts, and FX services, YeePay provides a single-account solution for managing complex global financial flows within the travel industry.
About YeePay
Founded in 2003, YeePay is a leading enterprise payment service provider in China, offering secure, innovative, and intelligent transaction solutions across industries such as airlines & travel, retail, fintech, and cross-border commerce. As a key player in global B2B payments, YeePay operates an extensive financial network covering 130+ countries and regions and supporting 60+ currencies. YeePay holds full payment licenses in China and is approved by multiple international regulatory bodies.
BEIJING, June 3, 2025 /PRNewswire/ — A report from China Daily
Tianjin launched its 2025 Skills Week on May 13 in the city’s Hedong district, placing a strong focus on vocational training and employment.
Tianjin Public Vocational Training Center of China conducts training of CNC lathe programming and operation.
At the opening ceremony, the city rolled out the “Skills Illuminate the Future” campaign to deliver targeted vocational training in key sectors such as advanced manufacturing, eldercare and childcare services, modern service industries, and emerging occupations.
The initiative is designed to support key employment groups by aligning skills training with job placement services. Over 100,000 people are expected to benefit from subsidized training programs throughout the year.
In recent years, Tianjin has promoted the “Haihe Craftsman” construction project, continuously enhancing vocational skills development and strengthening the skilled workforce.
Training system
Tianjin has established a comprehensive training system led by enterprises, supported by vocational schools, guided by government policies, and backed by society. The city issued vocational skills training regulations to promote a rule-of-law approach to skills training. Since 2021, Tianjin has delivered 732,000 subsidized training sessions, surpassing the targets set in the 14th Five-Year Plan (2021-25).
Skills evaluation
A performance- and competency-based skills evaluation system has been refined. Enterprises are encouraged to independently assess and appoint senior technicians. To date, Tianjin has appointed 87 chief technicians and 99 senior technicians, with a total of 450,000 skill level certifications issued.
Platform development
In addition to a national public training center, the city has also established 558 enterprise training centers and built a robust infrastructure of high-skilled talent bases and master studios. This includes 38 national and 65 municipal high-skilled talent training bases, along with 45 national and 97 municipal master studios, providing strong support for talent development.
Skills competitions
Tianjin has successfully hosted five consecutive “Haihe Craftsman Cup” competitions, each featuring over 100 events and attracting nearly 100,000 participants. The city also hosted the 2nd National Vocational Skills Competition in 2023, achieving significant results. Tianjin’s training base contributed to China’s success at the 47th World Skills Competition, where the national team won seven gold medals and one Medallion for Excellence.
Technical education
Tianjin currently has 15 technical schools with a total enrollment of 22,400 students and a graduate employment rate exceeding 98 percent. The city emphasizes Party leadership, school-enterprise cooperation, and diverse educational models, while promoting integrated learning and work programs to improve program alignment and education quality.
Talent incentives
The city established the Haihe Craftsman Award, selecting 10 winners annually, each receiving a 200,000 yuan ($27,780) reward. Every two years, 100 “technical experts” are recognized with a 20,000 yuan award. To date, Tianjin has named 50 “Haihe Craftsman” and 739 “Technical Expert”, some of whom have received special government allowances from the State Council.
Brand building
Tianjin continues to promote the “Haihe Craftsman” brand through activities such as Skills Week, award ceremonies, and the establishment of training bases and “craftsman homes”. These efforts help foster a spirit of craftsmanship and cultivate a social environment that values skilled labor.