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Beijing E-Town Shines at Cultural Tourism Exhibition with Cutting-Edge Technology

BEIJING, CHINA – Media OutReach Newswire – 18 September 2024 – At the recent 2024 China International Fair for Trade in Services, the “Cultural Tourism Services” exhibition booth of the Beijing Economic-Technological Development Area (also known as Beijing E-Town) in Hall 9 of the Shougang Park captured attention with its strong “tech vibe.” Covering approximately 136 square meters, the booth was divided into three sections: “Technology Leading Industrial Innovation,” “Technology Creating a Better Life,” and “Technology Empowering Livable Ecology.” With a clever use of an “island-style design” paired with “large screens,” the booth created a panoramic and immersive viewing experience for visitors, showcasing future industry highlights, new industrial-tech cultural tourism plans, and key points of human and ecological landscapes of Beijing E-Town.

A representative from the Beijing Economic-Technological Development Area stated that as the primary platform of the Beijing International Science and Technology Innovation Center’s “Three Cities and One Zone” and a pioneer in the high-quality development of the capital, the BDA has always maintained synergy between industrial development and cultural prosperity. By fostering mutual empowerment between technological innovation and cultural growth, the area is dedicated to creating a “Capital Innovation Culture Leading Zone.” It actively promotes the deep integration of technology, culture, and tourism, striving to build a demonstration area for industrial and technological tourism.

Upon entering the exhibition, visitors were greeted by nearly ten star products from Beijing E-Town, including the EX Robot, Peking Opera Robot, unmanned vending vehicles, AR subtitle glasses, “AI + Education” robots, and drones. The exhibit was further enhanced by a stunning ultra-clear LED screen that spanned the booth. A “digital Liangshui River” flowed beneath visitors’ feet, dynamically displaying shimmering water with clearly visible deer and waterfowl along the banks, creating a fully immersive and tech-filled experience. “It’s both impressive and surprising. I’ve been to Beijing E-Town several times before, but this is my first time ‘walking through’ it in such a way. It truly feels as innovative, tech-savvy, stylish, and livable as it’s being presented,” said Mr. Song, a local resident.

The exhibition also launched various activities, such as the release of the “Beijing E-Town Industrial Tourism Routes” and a guide to popular social media check-in spots, all displayed on electronic screens for easy access by visitors. The tourism route release, themed “A Tech Journey in E-Town,” introduced and recommended routes like “Cutting-Edge Innovation in E-Town,” “Science & Tech Education in E-Town,” “Unmanned Technology in E-Town,” “Learning History Through Action in E-Town,” and “Lohas Leisure in E-Town.” These routes include stops such as the COFCO Coca-Cola (Beijing) Museum, Capital Dairy Science Museum, Xiaomi Auto Super Factory, and the National Intelligent Connected Vehicle Innovation Center.

According to the BDA representative, the industrial tourism routes are part of the “City of Science Museums” initiative, which has already attracted over 100 corporate pavilions, experience centers, and science, technology, and cultural museums to join. This year, the initiative will continue to promote the “Beijing E-Town City of Science Museums” series of activities, providing multi-level, multi-disciplinary, and diverse cultural innovation experiences that offer the public a hands-on encounter with technological innovation.

In addition to showcasing where to explore in the Beijing Economic-Technological Development Area, the booth also introduced ways to visit popular spots. For example, the smart bird monitoring system at the Milu Deer Park was featured, unveiling the mysterious workings of the AI “Bird Inspector.” The Sky Castle Science Education Base also made its debut at the booth, offering visitors a detailed guide to enjoying their visit. Ms. Li, a resident, shared, “As a space enthusiast, I’ve always wanted to visit Sky Castle but have never had the chance. This encounter at the fair has not only given me more insight into the venue but also helped me plan my visit.”

Furthermore, the exhibition showcased “E-Town Gifts,” cultural and creative products with E-Town elements, allowing visitors to take home a unique souvenir from the area. It was announced that the first-ever “E-Town Gifts” city cultural store has officially opened in Hall 3 of the Shougang Park Metaverse Pavilion during the fair. This permanent window offers high-quality gifts and cultural products, including E-Town-themed items, classic Chinese porcelain, colorful Beijing embroidery, Yanjing Eight Wonders, intangible cultural heritage crafts, fine arts, and sports-themed creations, all originating from Beijing and the BDA.

Hashtag: #BeijingETown

The issuer is solely responsible for the content of this announcement.

2024 High-Quality Development Promotion Conference Held: Beijing E-Town Extends Global Invitation for Open Collaboration

BEIJING, CHINA – Media OutReach Newswire – 18 September 2024 – On September 13, the 2024 High-Quality Development Promotion Conference, themed “Invest in E-Town, Create the Future,” took place. Beijing Economic-Technological Development Area (Beijing E-Town, or BDA) showcased its achievements in high-level openness through various segments, including investment promotions, recognition of foreign enterprises, awards for international industrial parks, and signing ceremonies for enterprises entering the E-Town Comprehensive Bonded Zone. These events highlighted E-Town’s strong appeal as a hub for investment and sought to expand its international network for open collaboration.

30 Foreign Enterprises Recognized for Long-Standing Partnership, Boosting Confidence in Foreign Investment

At the event, BDA officials recognized 30 outstanding foreign enterprises that have been partners for 30, 20, and 10 years, respectively. The awards aimed to inspire these companies to increase investment and expand operations. An E-Town official stated, “As the only national-level economic and technological development zone in the capital, Beijing E-Town has consistently prioritized the development of an open economy, continuously enhancing its international business environment standards. E-Town is a fertile ground for win-win cooperation and a magnet for global innovation resources.”

SMC, a world-renowned developer and manufacturer of pneumatic components and one of the awarded “30-Year Outstanding Enterprises,” was Beijing E-Town’s first wholly foreign-owned enterprise. Since its establishment in the area, it has enjoyed national treatment and has now been rooted in E-Town for 30 years. The diverse and high-tech industrial clusters and the thriving innovation ecosystem have encouraged SMC to expand its presence in Beijing E-Town, building several manufacturing units and recently laying the foundation for its largest overseas R&D innovation center. This marks its transformation from a single manufacturing entity into a comprehensive hub for advanced manufacturing and headquarters innovation.

Recently, Bayer Healthcare Company Limited completed its negative list filing for cross-border data transfer in E-Town, becoming the first company in Beijing to achieve data compliance under the Free Trade Zone’s cross-border data transfer policy.

To date, Beijing E-Town has attracted investments from 103 Fortune 500 companies in 158 projects. Of these, one in every four German and British Fortune 500 companies has established a presence in E-Town. Additionally, 46 foreign R&D centers have been recognized in the area, accounting for nearly one-third of the city’s total.

Awards for 10 International Industrial Parks, Providing an International Environment for Foreign Enterprises

The growth of foreign enterprises is closely tied to BDA’s internationalized industrial spaces. The E-Town official stated, “On the path of open development, international parks serve as key platforms for hosting foreign enterprises and projects, forming the foundation for creating an international environment.”

To strengthen the industrial ecosystem and support open development, 10 entities, including Han’s Plaza, Fengchuang Technology Park, Guorui Plaza, Huilongsen Technology Park, and LianDong U Valley Plaza, were awarded the title of “BDA International Industrial Park” at the promotion conference. E-Town will provide these parks with streamlined administrative approvals, government services, and resource access, as well as support for their international transformation.

High-Value Agreements Signed, Building the “Top Choice for Foreign Investment” Brand

At the event, Beijing E-Town signed global cooperation agreements with six international platforms, including the French Chamber of Commerce in China, the German Chamber of Commerce in China, and the Swiss Chamber of Commerce in China. Additionally, Beijing E-Town formalized a strategic partnership with Hurun Report. Rupert Hoogewerf, chairman and chief researcher of Hurun Report, announced plans to release the “Global Gazelle Enterprises” list in Beijing E-Town and establish related startup bases and fund projects. This initiative aims to promote the regional economy and global innovation ecosystem. Furthermore, 21 enterprises intending to enter the E-Town Comprehensive Bonded Zone also signed agreements, jointly advancing high-level openness.

Behind these partnerships lies the sustained release of benefits from open and innovative policies. Beijing E-Town emphasizes customized services, policies, and institutional frameworks, offering a series of activities such as “Finding Markets for Foreign Enterprises,” “Seeking Partners for Foreign Enterprises,” and “Sourcing Resources for Foreign Enterprises.” The “2+X” foreign investment policy and service package continue to be optimized, ensuring “minimal approvals” and “superior services” to smooth the path for foreign companies deepening their presence in the Chinese market. A representative from E-Town added, “We will continue to support foreign enterprises in their development, helping them choose E-Town for market opportunities, expand in E-Town for innovation dividends, and grow stronger through the advantages of openness. Our goal is to establish E-Town as the ‘Top Choice for Foreign Investment’ brand.”

“Beijing E-Town is at a pivotal stage of growth, full of potential and opportunities. We sincerely welcome entrepreneurs from around the world to invest and develop here. We will remain open and inclusive, provide fertile policy ground, nurture industrial ecosystems, and create a market-oriented, law-based, convenient, and international business environment to fully support enterprise development,” said Kong Lei, Deputy Secretary of the Party Working Committee and Director of the E-Town Administrative Committee. In his invitation at the promotion conference, Kong welcomed global enterprises to join hands with Beijing E-Town to share opportunities and achieve mutual success.

Hashtag: #BeijingE-Town

The issuer is solely responsible for the content of this announcement.

Beijing E-Town’s Themed Exhibition Area Shines at the 2024 Beijing International Fair for Trade in Services

BEIJING, CHINA – Media OutReach Newswire – 18 September 2024 – On September 12, the 2024 China International Fair for Trade in Services officially kicked off. The Beijing Economic-Technological Development Area (also known as Beijing E-Town) made a stunning debut in Hall 2 of the Shougang Park with its themed exhibition area. By showcasing cutting-edge innovations like Xiaomi’s SU7, Longwood Valley MedTech’s surgical robot, and the Jielong-3 rocket model, the exhibition serves as a “window” to tell the story of Beijing E-Town’s openness and innovation to visitors from all over the world.

Upon entering the exhibition, visitors are greeted by a naked-eye 3D screen featuring Tiangong robots running forward and Xiaomi’s SU7 speeding ahead, exuding a strong sense of technology and futurism. Outside the exhibition area, New Stone Unmanned Vehicles, widely used in smart scenic areas, parks, commercial streets, universities, and transport hubs, and China’s first certified AI-powered food service robot, which has already been deployed in key commercial buildings in Beijing E-Town, caught the attention of many visitors. People stopped to take photos and examine these technological marvels up close.

As the main hub for high-tech industries in the capital, Beijing E-Town is supported by its “44637” development framework, continuously strengthening four major industries: next-generation information technology, high-end automobiles and new energy vehicles, biotechnology and health, and robotics and intelligent manufacturing. It is also rapidly expanding into six emerging industries, fostering numerous innovative technologies in this fertile ground for industrial development.

At the Beijing E-Town exhibition area, many “E-Town Smart Innovations” serve as ambassadors of the region’s innovation vitality and growth potential, presenting visitors with a series of high-tech business cards. “We hope visitors can experience the vitality of this land, full of dreams and potential, through interactive experiences. We aim to showcase Beijing E-Town as a vibrant, friendly, and livable city that attracts both near and far,” said one of the exhibition staff members.

At the exhibition, Xiaomi’s SU7 has become a popular “check-in spot,” with many visitors lining up for a test ride. Since its official launch in March this year, the Xiaomi SU7 has become a shining star in Beijing E-Town’s automotive supply chain. The Xiaomi Auto Factory, located in Beijing E-Town, has now become a fully functional “smart manufacturing factory” integrating production, research and development, testing, sales, and experience, producing more than 10,000 units per month for three consecutive months.

On another side of the exhibition, the ROPA® AI orthopedic surgery robot was simulating a knee replacement surgery procedure. A staff member from Longwood Valley MedTech explained, “The ROPA® AI orthopedic surgery robot combines ‘smart brain, smart hands, and smart eyes’ to simulate the capabilities of an expert orthopedic surgeon. It can precisely execute individualized surgical plans developed by artificial intelligence before surgery.” Notably, the AIJOINT® 3D surgical simulation software, integrated into ROPA®, is a groundbreaking innovation in the field of orthopedic AI and surgical robotics. With its robust innovation power and leadership in advancing digital orthopedic technology, ROPA® has been awarded an AI-assisted orthopedic treatment Class III medical device registration certificate by the National Medical Products Administration and has also passed certification from the U.S. Food and Drug Administration (FDA). It has been recognized by China’s Ministry of Industry and Information Technology as an “innovation achievement at the international leading level.”

Moreover, multifunctional integrated poles incorporating lighting, traffic indicators, autonomous driving devices, power supply, network, and control functions form the backbone of smart city infrastructure. The Jielong-3 rocket, which set China’s record for the first sea-launched rocket, also made an appearance in model form.

Here, visitors can not only experience cutting-edge technologies and touch the forefront of science but also travel through 30 years of time to deeply understand Beijing E-Town’s “circle of friends.” A “time tunnel” in the exhibition, surrounded by immersive digital images, showcases the development journey of openness and innovation in Beijing E-Town, documenting its long-standing partnerships with enterprises. This includes partnerships spanning 10 years with TPV Technology, JD.com, and Varian Medical Systems; 20 years with Sanofi, Bayer Healthcare, and Yaskawa Shougang Robot; and 30 years with BBAC, GE Healthcare, and SMC.

SMC, the first wholly foreign-owned enterprise in Beijing E-Town, continues to expand its operations and recently laid the foundation for its largest overseas R&D innovation center. GE Healthcare’s Beijing imaging equipment manufacturing base has become the group’s largest medical device production facility worldwide. BBAC has rooted itself in Beijing E-Town, blending “German quality with Chinese manufacturing,” and has reached world-class standards in both manufacturing and operational capabilities.

Zhou Xiaobin, general manager of Qingdao Boruike 3D Manufacturing Co., Ltd., was deeply impressed after visiting the BDA-themed exhibition. “Our company works with partners in Beijing E-Town, and seeing how advanced their surgical robots and commercial aerospace are makes me think about how well it aligns with our 3D printing business. We are now considering setting up a base in E-Town,” he said.

Through this “window,” Beijing E-Town showcases its innovative achievements and development opportunities, conveying its unique charm as a world-class comprehensive industrial city. The door to collaboration is wide open, attracting more high-quality enterprises and projects. As of now, the Beijing Economic-Technological Development Area is home to over 90,000 businesses, including nearly 1,300 foreign-invested enterprises from more than 60 countries and regions. A total of 103 Fortune 500 companies have invested in 158 projects in the area.

Hashtag: #2024ChinaInternationalFairforTradeinServices

The issuer is solely responsible for the content of this announcement.

China’s First Comprehensive Bonded Zone Dedicated to Developing New-Quality Productive Forces Established in Beijing E-Town


BEIJING, CHINA – Media OutReach Newswire – 18 September 2024 – On September 13, at the “Beijing Day” and Beijing-Tianjin-Hebei Coordinated Investment Promotion Conference during the 2024 China International Fair for Trade in Services, it was announced that the Beijing E-Town Comprehensive Bonded Zone has been approved by the State Council. With a planned area of 0.61 square kilometer, the zone will focus on advanced manufacturing and the integration of the manufacturing and service industries, becoming the nation’s first comprehensive bonded zone dedicated to fostering new-quality productive forces.

Caption: China’s First Comprehensive Bonded Zone Dedicated to Developing New-Quality Productive Forces Established in Beijing E-Town
Caption: China’s First Comprehensive Bonded Zone Dedicated to Developing New-Quality Productive Forces Established in Beijing E-Town

Kong Lei, Deputy Secretary of the Party Working Committee and Director of the Administrative Committee of the Beijing Economic-Technological Development Area (BDA), explained that the Beijing E-Town Comprehensive Bonded Zone is located in the Zhangziying Industrial Park in the southern part of E-Town New City. The area benefits from convenient transportation and is adjacent to key industry clusters in integrated circuits, autonomous driving, information technology innovation, and commercial aerospace. The zone will feature four major functional areas: bonded processing, logistics distribution, bonded R&D, and inspection and maintenance services. The first phase of land development has been completed, and the design and implementation of surrounding municipal roads and regulatory facilities for the bonded zone are underway, with the first inspection expected by 2025. The initial phase will offer 100,000 square meters of R&D, processing, and storage space, providing flexible facilities like shared laboratories and public warehouses for enterprises of all sizes.

“With the strong support of the Beijing Municipal Government, Beijing Customs, and coordination from various central departments such as the General Administration of Customs, Ministry of Finance, Ministry of Natural Resources, Ministry of Commerce, the National Development and Reform Commission, the State Administration of Foreign Exchange, and the State Taxation Administration, the State Council recently approved the establishment of the Beijing E-Town Comprehensive Bonded Zone,” said Kong Lei. “The zone will focus on advanced manufacturing and the integration of high-end manufacturing and services, with an emphasis on industrial and technological innovation. It aims to be the first comprehensive bonded zone in China dedicated to the cultivation and development of new-quality productive forces.”

The bonded zone will target industries such as precision manufacturing, R&D iteration, and repair and testing under bonded operations, while promoting diversified service trade such as financial leasing, industrial component platforms, and cross-border e-commerce. In terms of industrial function, it will emphasize “advanced manufacturing and open iteration,” building a “4+N” bonded industrial ecosystem. The “4” refers to four key areas: a global distribution center for key components with a focus on new-generation information technology; an R&D and bonded maintenance center for whole vehicles and key components, particularly in the new-energy vehicle sector; a global clinical testing and contract research organization (CRO) service hub for biopharmaceuticals; and an intelligent manufacturing line for high-end equipment, specifically targeting leading foreign-invested enterprises. The “N” represents a series of service trade platforms aimed at supporting cutting-edge industries, such as one-stop industrial supply and large-equipment leasing, setting a national benchmark for comprehensive bonded zone services.

As the country’s first fully integrated high-tech and intelligent-scenario bonded zone, Beijing E-Town Comprehensive Bonded Zone leverages the advantages of next-generation information technology, high-level autonomous driving, and 5G+ industries. It is exploring innovative applications such as smart unmanned warehouse scheduling, AI-assisted supervision, and digital archives for data assets. The zone will become a fully digitalized park throughout its construction and operation phases, promoting the digitization of all elements in production, transactions, logistics, warehousing, and supervision. Moreover, it will explore a regulatory “sandbox” mechanism for industrial development and bonded supervision, setting the benchmark for digital and intelligent innovation in comprehensive bonded zones across China.

During the “Beijing Day” event, the Beijing E-Town Comprehensive Bonded Zone signed on-site agreements with four enterprises, including Tianjin Port Group. The first group of 21 companies has signed agreements to move into the zone.

In recent years, Beijing E-Town has continued to advance reforms and innovations in science, technology, and industry, boosting the vitality of its high-tech industrial ecosystem and furthering its commitment to high-level openness. The establishment of this comprehensive bonded zone marks a significant milestone for Beijing E-Town, making it the only economic zone in China to enjoy the combined benefits of a national economic development zone, national high-tech zone, Zhongguancun National Innovation Demonstration Zone, service sector opening-up demonstration zone, free trade pilot zone, and comprehensive bonded zone.

Hashtag: #2024ChinaInternationalFairforTradeinServices

The issuer is solely responsible for the content of this announcement.

Beijing E-Town Completes the City’s First Negative List Filing for Cross-Border Data Transfers


BEIJING, CHINA – Media OutReach Newswire – 18 September 2024 – The 2024 China International Fair for Trade in Services is currently underway in Beijing. On September 13, Beijing Economic-Technological Development Area (Beijing E-Town, or BDA) announced that Bayer Healthcare Company Limited successfully completed the negative list filing for cross-border data transfers in the High-End Industrial Section of Beijing E-Town’s Pilot Free Trade Zone. As of September 11, Bayer has become the first enterprise in the city to achieve compliant cross-border data transfers under the Free Trade Zone’s negative list policy.

Bayer Healthcare Company Limited successfully completed the negative list filing for cross-border data transfers in the High-End Industrial Section of Beijing E-Town’s Pilot Free Trade Zone.
Bayer Healthcare Company Limited successfully completed the negative list filing for cross-border data transfers in the High-End Industrial Section of Beijing E-Town’s Pilot Free Trade Zone.

“We submitted the negative list filing based on our business needs, and it took only five business days from submission to receiving the approval. Compared to the previous compliance requirements before the negative list policy was introduced, the new process has significantly simplified the application and review procedures,” said a representative from Bayer Healthcare Company Limited, praising the convenience that the negative list policy has brought to the company. “Completing the negative list filing for cross-border data transfers has streamlined the necessary procedures, solving the compliance challenges we faced and ensuring the smooth operation of our business. This allows us to bring innovative medicines and treatment solutions to patients in China more quickly, contributing to national strategies such as Healthy China and high-quality development.”

An official from the BDA explained that after the release of the Measures for the Facilitation of Cross-Border Data Flows in Beijing, Beijing E-Town was the first to issue a document for implementing the city’s negative list policy for cross-border data transfers. This document, titled Implementation Opinions on the Negative List for Cross-Border Data Transfers in the E-Town Section of the China (Beijing) Pilot Free Trade Zone’s High-End Industrial Zone, supports enterprises in the Free Trade Zone by enabling them to carry out cross-border data transfers under the negative list. It also reinforces the responsibility of data processors as the primary entities responsible for cross-border data transfers and establishes a closed-loop supervision mechanism, which includes periodic reporting, spot checks, and inspections. The initiative is designed to achieve four key outcomes: a comprehensive cross-border data transfer negative list, data management measures, a data services system, and exemplary case studies aligned with Beijing E-Town’s industrial development needs.

Furthermore, the Beijing Cross-Border Data Services Center (BDA Service Station) recently began operations at the Xinchuang Park in E-Town. As one of the first four data service centers in Beijing, this service station provides enterprises with one-stop services, including policy consultation, application submission, filing evaluation, supervision, and technical support for the negative list on cross-border data transfers.

The BDA official added, “Moving forward, we will leverage the service station to conduct research on the enterprises’ needs related to the negative list, helping more companies complete their filings. Additionally, we will enhance supervision, risk prevention, and other related work to regulate and promote the orderly flow of cross-border data in practice. This will further improve the management capabilities and convenience of cross-border data transfers for E-Town-based enterprises.”

Hashtag: #2024ChinaInternationalFairforTradeinServices

The issuer is solely responsible for the content of this announcement.

The impact of U.S. elections on crypto: Octa broker takes a close look at the candidates and their respective policies

The U.S. Presidential Elections is arguably one of the most significant political events globally. Analysts are nervously monitoring the campaign, trying to figure out the possible implications on global assets. Octa aims to investigate how the result of the elections can impact crypto prices and the industry in general.


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 18 September 2024 – Another exciting year for the crypto market is still in its making, with popular cryptocurrencies already showboating their impressive price action so far. Most significant was Bitcoin’s move, as the leading coin managed to break to a new all-time high level, then corrected lower and still remains positive on a year-to-date basis. It is no surprise that crypto traders are keeping an eye out for opportunities especially as important economic and political events are looming. Admittedly, the US elections are without doubt the key political event anticipated by politicians and investors alike as they can potentially rattle the financial markets. There are only two possible outcomes, its either Trump or Harris. The pros and cons of each scenario will be discusssed based on how the crypto market could respond to each situation and in general to the presidential elections.

Octa

Past Presidential Elections and Crypto companies

In 2016, during the Trump – Clinton election campaign no major movement was observed within the crypto market as Bitcoin advanced marginally after the results were announced. However, back then the crypto market was not as developed as it is today. Its engagement by investors and traders was not as vibrant as it is today so a comparison may be misleading. Therefore, it is more relevant to look at the Trump -Biden campaign. At that time, the market had already boomed in 2017, but once again risky assets like Bitcoin never really budged. In our opinion, cryptocurrency companies may be giving away serious money to support candidates that are more likely to help the crypto industry if elected. Bitcoin contributions are legal and can be accepted as per the Federal Election Commission.

Donald Trump

Donald Trump made headlines as a result of his attendance at the Bitcoin conference in Nashville in July. His sheer attendance at this event was already extraordinary for its own sake and his speech was greatly welcomed by the crowd. Bitcoin, Ethereum and other coins have gained tremendous value during the past decade. Despite attending the event, Trump has not published his official plans for crypto yet making it challenging for us to examine his proposals. It remains to be seen whether he is truly committed in supporting the crypto market.

Kamala Harris

Unfortunately, Kamala Harris plans for the cryptocurrency industry remain unclear thus far. Harris has refrained from providing information on cryptocurrencies which could lead investors to suppose her views are clouded with uncertainty.

Interestingly, as of September 2022, 16% of adult Americans, had bought crypto currencies with the market capitalization reaching $3 trillion globally. This is enough evidence proving that US investors (voters) will be very interested in the future developments of the crypto market. The Harris administration is very well aware of this point. Hence, in August, with the initiative of the Democratic party, a virtual town hall event was organized featuring the “Crypto4Harris” motto. Other than that, traders have little to work with.

From a different viewpoint, Harris is already in place to take actions to support crypto. As the current VP, Harris already has the power to influence or embrace the crypto market through actions or general support. Thus, if Kamala Harris eventually decides to open up about cryptos, volatility for digital assets could increase.

Forward, Harris could be under pressure to reveal her real intentions for the crypto industry and this may be used by campaign as a tactic to gain attention and possibly attract more votes.

Proceed with caution

In another scenario, if the election keeps traders in suspense and the final results are delayed, then cryptocurrencies could come under extensive volatility with wide price swings coming into play. Indeed, one of Bitcoin’s characteristics is performing large price movements unexpectedly. This behavior has been observed multiple times in the past for numerous major digital assets and the importance of presidential elections can present similar opportunities for traders. This outcome may lead to increased risks for traders, but it can equally create excellent openings for gains. More specifically, if Bitcoin tests important technical levels, it could be useful for traders to set up strategies that consider these levels, whilst opening or closing trades. Being mindful of such trading levels can also help when using pending orders.

From a trading perspective, it could be useful for traders to monitor the crypto markets’ reactions to important events as we get closer to the elections. September and October could set the tone for the actual impact in November, when the Presidential Elections will be in the epicenter of the market’s attention. Furthermore, its worth mentioning that September has traditionally been a bearish month for Bitcoin. Since 2019, Bitcoin has ended September four times in red territory (down) and only one in green (up). In addition, during September 2024 the market awaits a crucial FOMC meeting. This event is vital for the markets as the odds are stacked for a possible rate cut. The actual outcome of this event could trigger extraordinary volatility and introduce new trends for various risky asset groups including cryptos.

As a final view, it is clear that U.S. politicians can no longer ignore the crypto industry. Crypto companies and investors will be closely watching the elections as their interests may depend on the result of these elections. Some crypto firms are going through intense legal battles which could even lead to an existential threat. So, the general crypto industry understands that the president coming into power will have the responsibility to upgrade regulations and support the industry. The crypto industry’s longevity and expansion may depend on the person elected as U.S. President in November. We highlight that the role of cryptocurrencies in the election is still uncertain.

Hashtag: #Octa

The issuer is solely responsible for the content of this announcement.

Octa

is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.

Rhenus announced as Official Logistics Partner for UN Climate Conference in Azerbaijan


SINGAPORE – Media OutReach Newswire – 18 September 2024 – Rhenus Group, a leading global logistics provider, has been selected to play a key role in the upcoming 29th UN Climate Change Conference (COP29) in Baku, Azerbaijan. As the Official Logistics Partner, Rhenus will leverage its expertise and resources, working alongside local partners to ensure the smooth running of this major event. Participants, including heads of state, negotiators, and industry leaders, will gather in Baku for COP29 to address the most pressing challenges of climate change.

To meet the specific demands of COP29, Rhenus will draw on its extensive experience in planning and executing complex logistics for large-scale events, while benefiting from the expertise of local partners. The company’s global network and expertise will be instrumental in ensuring seamless operations and efficient processes throughout the entire supply chain. With operations in over 70 countries, Rhenus is ideally positioned to take on the central role of organizing the event’s freight forwarding logistics. This includes everything from the intercontinental transport of goods using various modes of transport, customs clearance, warehousing, and last-mile delivery to logistics within the event venue itself. An onsite team of international logistics experts will also be present to assist participants with their end-to-end and local logistics needs, ensuring smooth coordination from international freight forwarding to venue delivery.

“We are proud to bring our extensive experience to such an impactful event: COP29 plays a crucial role in becoming a climate-neutral society and thus in shaping the future of generations to come,” says Tobias Bartz, CEO of the Rhenus Group. “With a strong global network as well as significant projects in the region and our ongoing commitment to strengthening supply chains in South Caucasus and Central Asia, a region that is vital for global trade, we are dedicated to enhancing the stability and capacity of sustainable and efficient logistics solutions. At COP29, we look forward to utilizing our strong presence in Azerbaijan and the whole region to contribute to the success of this important global event, while continuing to strengthen the Trans-Caspian International Transport Route, a key trade route on the New Silk Way, extending from China to Europe across Kazakhstan, the Caspian Sea, and the Caucasus into Türkiye.”

Rhenus recently demonstrated its capabilities as the Official Logistics Partner for the Olympic team Belgium at the Olympic Summer Games in Paris, successfully managing the international logistics of infrastructure and equipment across multiple-sports venues. This seamless coordination across multiple modes of transport, including road, air, rail, and ocean freight, highlights Rhenus’ proficiency in handling the complex logistics of major international events like COP29. Another major events project was Rhenus’ comprehensive logistics support for a global customer during the Rio de Janeiro Summer Olympics, further reinforcing the company’s ability to handle high-profile international events. Additionally, Rhenus has been working with the United Nations for nearly two decades as the authorized agent for the UN World Food Programme, shipping over 700,000 tons of commodities.

Concrete Measures for a Climate-Friendly COP29

Organizing COP29 in Baku presents unique logistical considerations that Rhenus is dedicated to addressing while prioritizing sustainability. The company is actively committed to minimizing the environmental impact of COP29, focusing on reducing emissions through the use of electric warehouse vehicles within the logistics centers, which will contribute to a more environmentally friendly event.

In addition, Rhenus will be offering its RHEGREEN service during COP29, which allows customers to actively reduce the CO2 emissions of their shipments. With RHEGREEN, a CO2 efficiency tool specifically designed for air freight, customers can identify the lowest-emission flight connection for their shipments, potentially saving up to 40 percent CO2 per transport. This service underscores the Rhenus Group dedication to responsible logistics solutions and environmental protection.

Hashtag: #Rhenus

The issuer is solely responsible for the content of this announcement.

About Rhenus

The Rhenus Group is one of the leading logistics specialists with global business activities and annual sales of 7.5 billion euros. 40,000 employees work at 1,320 locations in more than 70 countries, developing innovative solutions along the entire supply chain. Whether it’s transport, warehousing, customs clearance, or value-added services, the family-owned company bundles its activities in various business areas, always focusing on the needs of its customers.

Further information about the Rhenus Group: https://www.rhenus.group/

“Experience Macao Limited Edition” International Promotional Campaign’s Second Phase CGI Video Launches in Malaysia


MACAU SAR – Media OutReach Newswire – 18 September 2024 – The Macao Government Tourism Office (MGTO) is excited to announce that the “Experience Macao Limited Edition” international promotional campaign has entered its second phase. This initiative aims to showcase Macao’s unique charm to global travelers through an online interactive quiz on the official website (ExperienceMacaoLimitedEdition.com), to win 100 “Experience Macao Limited Edition prizes”, showcasing Macao’s rich cultural heritage and vibrant attractions. These experiences will highlight Macao’s allure and provide limited-time exclusive activities, seamlessly blending online interaction with offline travel experiences.

Experience Macao Limited Edition

MGTO has partnered with Macao’s six integrated resorts—Galaxy Macao, Melco Resorts & Entertainment, MGM, Sands China Limited, Wynn Resorts Macao, and SJM Resorts—to offer customized exclusive travel routes. These routes showcase Macao’s diverse cultural, entertainment, shopping, and dining experiences, providing participants with unparalleled travel opportunities.

Macao, a city rich in multicultural charm, has been seen through the eyes of MIYEON, a member of the famed K-pop group (G)I-DLE. She’s been invited to immerse herself in the wonders of Macao and is set to release a special single and music video, Lovin’ My Stay, inspired by her journey. As MIYEON explores the city’s iconic landmarks, her music will capture Macao’s dynamic spirit, delivering its vibrant energy to her international fan. Through her distinct perspective, fans and travelers will be able to discover a new and enchanting side of Macao.

The Macao Government Tourism Office (MGTO) invites people in Malaysia to delve into the heart of Macao’s cultural heritage. Campaign winners will embark on an unforgettable journey through the city’s historic allure, tasting the unique flavors of its cuisine and experiencing a blend of Eastern and Western cultures. Previously, leading Southeast Asian influencers participated, inspiring many to follow in their footsteps.

To boost the campaign’s promotion, the Macao Government Tourism Office (MGTO) has launched advertisements on large screens at Pavilion Kuala Lumpur, drawing significant local attention. The ads, which ran for five days, encouraged people to discover Macao’s unique cultural charm firsthand.

Now in its second phase, the “Experience Macao Limited Edition” international promotional campaign runs from September 16 to September 25, 2024. We invite everyone to visit ExperienceMacaoLimitedEdition.com, take part in the interactive online quiz, and follow @visitmacao (https://www.instagram.com/visitmacao/) for the latest hints and updates.

For more information, please visit:

Official Website: ExperienceMacaoLimitedEdition.com
Instagram: @visitmacao
Facebook: https://www.facebook.com/visitmacao/

Hashtag: #Macao

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