Arabian Post Staff -Dubai SolitAir has launched its first flight to Sofia, Bulgaria, opening the Dubai-based cargo carrier’s first operational route into Europe and extending its network beyond the Global South as it seeks a larger role in time-sensitive regional freight. The service marks a new phase for the airport-to-airport cargo airline, which is based at Dubai World Central and has built its early network around underserved […]
Distinguished guests from both sides of the Taiwan Strait attended the opening ceremony and noted in their remarks that Dr. Sun Yat-sen is a revered national pioneer shared by compatriots on both sides of the Strait. His vision of rejuvenating China remains a common spiritual legacy, and people across the Strait should carry forward his ideals and work hand in hand toward national rejuvenation. During the opening ceremony, Zhongshan Municipal People’s Government and the Association of Taiwan Investment Enterprises on the Mainland signed the Strategic Framework Agreement on Deepening Zhongshan–Taiwan Economic and Trade Cooperation to Promote Integrated Development, laying a solid institutional foundation for long-term industrial cooperation across the Strait.
A series of cultural exchange activities also took place throughout the forum. Participants enjoyed an evening tour of the century-old Sunwen West Road Arcade Pedestrian Street, immersing themselves in Zhongshan’s rich historical heritage and the vibrant cultural and tourism scene of the Guangdong-Hong Kong-Macao Greater Bay Area. They also visited the Museum of Dr. Sun Yat-sen, where they studied revolutionary historical archives, bowed before Dr. Sun’s bronze statue to pay homage, and gained a deeper appreciation of his enduring ideals of “All Under Heaven Belong to the People” and “Revitalize China”. Many participants remarked that these activities provided an excellent platform for sustained exchanges among young people across the Strait and that their shared cultural roots and common heritage form a solid foundation for advancing cross-strait spiritual integration.
To further strengthen cross-strait economic cooperation and advance industrial integration between Shenzhen and Zhongshan, the forum also featured the “Taiwan Businesses Gather in Zhongshan, Industries Glow in the Greater Bay Area” 2026 Guangdong-Taiwan Economic and Trade Exchange Conference and Investment Promotion Event Celebrating the Second Anniversary of the Shenzhen-Zhongshan Link. A total of 19 industrial projects were signed during the event. The first group comprised seven Taiwan-invested projects spanning semiconductor supporting industries, electronic components, smart home products, high-end fitness equipment, and medical devices. The second and third groups included 12 Shenzhen-Zhongshan collaborative projects covering new energy vehicle components, industrial robotics, memory chip packaging, advanced specialty materials, and integrated cultural, tourism, and commercial developments.
During the investment promotion event, Taiwan business representatives spoke highly of Zhongshan’s business environment. Zhang Congyuan, Chairman of Huali Industrial Group, which has operated in Zhongshan for more than two decades, praised the city’s enterprise service philosophy of “staying out of businesses’ way when everything runs smoothly while providing prompt support whenever needed”. He noted that this business-friendly environment has helped the company grow into one of the world’s leading manufacturers of athletic footwear.
Guo Wenhai, secretary of the CPC Zhongshan Municipal Committee, extended a sincere invitation to Taiwan businesses and entrepreneurs to invest and establish operations in Zhongshan. He emphasized that the city offers not only strong industrial infrastructure but also high-quality government services. Zhongshan will continue to provide proactive, efficient, and dedicated support for businesses while continuously improving both its hard and soft investment environment. Leveraging the opportunities created by the Shenzhen-Zhongshan Link, the city aims to create broader prospects for cooperation and shared growth for enterprises from both sides of the Taiwan Strait.
Participants and Taiwan business representatives agreed that, taking the 160th anniversary of Dr. Sun Yat-sen’s birth as an important milestone, this year’s forum created new channels for both cultural exchanges and industrial cooperation across the Strait. Looking ahead, Zhongshan will continue to organize regular initiatives, including entrepreneurship support programs for young people from Taiwan, youth exchange activities, and Guangdong-Taiwan industrial matchmaking events. By carrying forward Dr. Sun Yat-sen’s spirit, embracing the opportunities of the Greater Bay Area, and strengthening both economic cooperation and people-to-people ties, the city will continue to contribute to a new chapter of integrated cross-strait development.
Hashtag: #CrossStraitSunYatSenForum #Zhongshan #Guangdong
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Abu Dhabi Investment Authority has emerged as a cornerstone investor in Luxshare Precision Industry’s planned $3.1 billion Hong Kong listing, giving the Apple supplier heavyweight backing as the city’s equity market stages its strongest first-half fundraising run in five years. The Shenzhen-listed electronics manufacturer opened the Hong Kong public offer on Tuesday, seeking to sell 383.5 million H shares at a maximum price of HK$63.28 each. At […]
By Nitya Chakraborty The joint statement of the Chinese President Xi Jinping and the Bangladesh Prime Minister Tarique Rahman issued in Beijing on June 26 following the visit of Tarique to China has drawn the attention of the global diplomatic circles due to the sweep of the nature of collaboration between the two countries mentioned […]
The article Bangladesh-China Joint Statement On Teesta Cooperation Poses A Big Challenge To India appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
It gathered around 400 delegates from government departments, industry associations, financial institutions, AI enterprises and OPC startup operators across the country. Participants exchanged insights on AI innovation pathways and cross-industry integration strategies, injecting strong impetus into Hangzhou’s ambition to develop a national benchmark hub for AI+OPC entrepreneurship.
A series of key launches and milestone ceremonies took place during the opening segment. Official releases included the 2026 national OPC development observation report, Hangzhou’s 2026–2028 action plan and supporting policies to build a national AI+OPC entrepreneurship hub, and a catalog of actionable AI+OPC application scenarios. Attendees also received an in-depth interpretation of the specifications for AI-enabled OPC community services and evaluation.
The ceremony featured multiple landmark initiatives: plaque awarding for Hangzhou’s priority AI+OPC incubation communities and dedicated observation sites, the official launch of the AI+OPC Community Alliance initiative, and a kickoff marking the official construction of the national AI+OPC entrepreneurship hub.
The open forum session featured keynote speeches from distinguished industry and academic leaders. Speakers included Pan Yunhe, former executive vice president of the Chinese Academy of Engineering and professor at Zhejiang University; Liang Gui, former executive vice governor of Jiangxi Province and ex-director of the Torch High Technology Industry Development Center under the Ministry of Industry and Information Technology; and Zou Ling, head of Hong Hub, Shangcheng District’s single-member unicorn startup acceleration community, who shared cutting-edge insights from varied perspectives.
A panel dialogue followed, bringing together representatives from Moshu OPC Community (Beijing E-Town), the School of Future Science and Engineering at Soochow University, Qingju Hub · Future Digital Intelligence Port (Shangcheng District), and Puhua Capital for in-depth industry exchanges.
Complementary concurrent events held throughout the conference included an OPC capital-industry matchmaking salon, a symposium on industry-education integration for AI-powered OPC sectors, and a national exchange forum for AI+OPC community practitioners.
OPC has emerged as a vibrant new engine driving economic vitality and underpinning high-quality development. Against the backdrop of a new development era, the inaugural Hangzhou AI+OPC Innovation and Development Conference unites OPC innovators nationwide.
Drawing on the creative energy of millions of independent super-individual operators, the event delivers sustained digital momentum to fuel Hangzhou’s super-individual economy, while rolling out replicable local practices and actionable Hangzhou solutions to advance high-quality growth of smart economies nationwide.
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France and Oman have moved to reinforce free and safe navigation through the Strait of Hormuz, rejecting any mandatory transit fee or political condition on vessels using one of the world’s most critical energy corridors. The position emerged during Sultan Haitham bin Tarik’s official visit to Paris, where he held talks with President Emmanuel Macron on maritime security, mine-clearance operations and diplomatic efforts to stabilise the Gulf […]
China widened its export-control campaign against Japan by placing 40 more entities under restrictions, intensifying a political and security feud with Prime Minister Sanae Takaichi’s government over defence policy, Taiwan and the use of critical dual-use technologies. The measures announced on Monday add 20 entities to a restricted export list and place another 20 on a watch list, tightening Beijing’s scrutiny of Chinese-origin goods, software and technology […]
Xi’an is one of China’s oldest cities and one of its most popular international tourist destinations. Shaanxi Culture Industry Investment Group (SCG) is working with partners like Huawei, China Telecom Shaanxi, and China West Airport Group (CWAG) to promote cultural tourism using digital technologies including AI and 5G-A.For example, BoGuan is used to support a new AI travel companion agent that had been made available to over 4 million users by March of this year.
In September 2025, SCG and Huawei unveiled the BoGuan Large Model, the world’s first commercial multimodal LLM for cultural tourism. It is also China’s first industry-specific model dedicated to the preservation of cultural heritage. This model is built on intelligent computing infrastructure and a high-quality dataset. The dataset has over 1.2 PB of data, including 31 million images, 4.4 million minutes of video footage, 2.18 million minutes of audio recordings, 510 3D models, and 960 million pieces of structured text.
BoGuan can generate highly-accurate multimodal content, such as museum-quality content about cultural relics. This allows it to support the creation of new digital relic presentations, the digitalization and preservation of traditional craftsmanship, and the creation of digital IP for intangible cultural heritage. Zhang Beiyuan, a dough sculpture artisan, said, “With this model, I can complete a dough sculpture that used to take two or three months in less than a week.” BoGuan is also used to create digital IP like the popular cartoon character Tang Biaobiao, which is designed by integrating local cultural heritage elements with the stone carvings of the Six Steeds of Zhao Mausoleum. The sales of related digital collectibles and creative products have exceeded CNY2 million.
In addition to supporting cultural heritage preservation, BoGuan has been used to develop a range of cultural tourism apps, such as AI photography and AI travel companion agent. Visitors can directly talk with this agent on the GO-SHAANXI app to create and adjust travel itineraries and get real-time performance recommendations at attractions. The Zhiying Camera mini program provides paid services that instantly integrate user photos with AI-generated scenes from history, allowing visitors to “travel back to ancient times.” These new consumption options unlock the business value of quality cultural tourism data. Furthermore, SCG is using BoGuan to integrate short drama production with cultural tourism and improve production efficiency and quality in Xi’an, a renowned short drama hub.
Additionally, China Telecom Shaanxi and Huawei have deployed a 5G-A network based on three component carrier aggregation (3CC) technology at Xi’an’s Grand Tang Mall, a popular tourist attraction. The network delivers peak uplink and downlink rates of 600 Mbps and 3.5 Gbps, respectively, about 10 times faster than common 5G networks. During the 2026 May Day holiday, this network supported concurrent access for 23,000 users, guaranteeing smooth video watching and social media experiences. Furthermore, 5G-A-powered HD live streaming at the Grand Tang Mall has become an important way for the attraction to bring in new visitors. According to public data, the average user dwell time of these live streams has nearly doubled and the average transaction value has increased by 62%.
Edric Chu, General Manager of Huawei’s Shaanxi Rep Office, said, “Artificial intelligence is not simply a stack of technologies. It has become a key enabler that can activate thousands of years of cultural heritage, reshape travel experiences, and inject new momentum into the industry. Moving forward, Huawei will continue working with our partners to enhance cultural heritage preservation with digital and intelligent technologies, and stimulate development within the cultural tourism industry.”
Hashtag: #Huawei
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Along the banks of the Yellow River, Binzhou in Shandong Province is witnessing a surge in industrial development. In the smart workshops of Weiqiao Pioneering Group, robotic arms move with precision and agility; at the command center of Chambroad Holdings, data from pipelines spanning thousands of miles updates in real time; at the port terminals, high-end aluminum products and fine chemical goods are continuously loaded onto vessels, setting sail for global markets.
This industrial hub boasts 37 out of the country’s 41 industrial categories, forming six trillion-yuan-level industrial clusters, including high-end aluminum, fine chemicals, and smart textiles. A total of 82 products rank among the top in China or hold leading global market shares. Binzhou has been listed among China’s Top 100 Advanced Manufacturing Cities for four consecutive years.
In 2025, the industrial enterprises above designated size in Binzhou achieved operating revenue exceeding RMB 1.06 trillion, crossing the trillion threshold for the second consecutive year. Total profits reached RMB 77.73 billion, with a profit margin of 7.3%, both ranking first in Shandong Province. Value-added industrial output above designated size accounted for 38.9% of the city’s GDP growth, cementing industry as a key pillar of economic development.
Binzhou’s transformation has been driven by extending technological upgrading from individual enterprises to entire industrial chains. From 2023 to 2025, three clusters, i.e., lightweight aluminum new materials, intelligent textiles, and functional nutritional products, were successively selected as provincial-level advanced manufacturing clusters. The proportion of R&D investment in GDP has remained the highest in Shandong for five consecutive years. Six national-level excellent smart factories, 32 provincial-level advanced smart factories, and 66 green factories above the provincial level have taken root here, turning intelligent manufacturing and green transformation from blueprints into reality.
From an industrial city to an intelligent manufacturing powerhouse, Binzhou is steadily advancing on the path of new industrialization with practical actions, writing a new chapter of high-quality development.
Hashtag: #BinzhouInformationOffice
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HONG KONG SAR – Media OutReach Newswire – 29 June 2026 – Space Economy Association (Hong Kong) Ltd, or “SEA”, officially formed in the midst of the space economy boom. It is an independent membership-based non-government organisation dedicated to connecting and facilitating space-related industries, businesses, investors, educators, experts, and governments worldwide in their pursuit for businesses and technology in commercial space. SEA helps establish Hong Kong as a super-connector hub in the international space ecosystem by capitalising on our professional services, led by finance.
The new renaissance is in the space economy. The US$630 billion global space economy is set to triple to US$1.8 trillion[1] by 2035. With launch costs dropping 10-fold in the last 20 years, private and public sectors will soar with all humanity set to benefit. Space economy is ubiquitous and creating value beyond rocketry and satellites, everyone will flourish as the space economy grows 9% per annum. China is the world’s second largest player in space, highlighting it as one of the four emerging strategic industries in its 15th National Five-Year Plan. Its commercial space sector has already launched 81 rockets and 336 satellites into orbit, with over 100 space start-ups and companies raising around US$6.5 billion. Hong Kong, as a key international financial centre practicing Common Law with international arbitration system and robust insurance, data and intellectual property protection capabilities, uniquely stands to serve China and other countries to pursue capital, business, technology and talent in commercial space.
“From Hong Kong’s perspective, the NewSpace economy is not simply about rockets or satellites; it is about the commercial possibilities they create for our professional services community. As the nation advances its aerospace ambitions, Hong Kong’s strengths in finance, insurance, law and related fields equip the city to support activities ranging from project financing and initial public offerings to risk management and crossborder transactions. Our bankers, insurers, accountants and lawyers are ideally positioned to help turn space initiatives into viable enterprises — and to participate directly in the value they generate.” said the Honourable Bernard Charnwut Chan, GBM, GBS, JP. Patron of SEA.
“Hong Kong’s top-class professional services would facilitate the processes from research and innovation to startup, scale-up and successful space business. Besides a hub for IPOs, Hong Kong offers funding from seed and angel, to private equity, venture capital, mergers and acquisitions, in debt, equity, and lease financing. This space economy would contribute plentiful job and business opportunities to become a key pillar of Hong Kong in terms of economy and quality opportunities for our young generation,” said Professor Richard Leung, Chairman of SEA. “SEA’s global network of partners grows beyond Asia, North America and Europe to include the UNOOSA ecosystem. SEA is a platform that empowers astropreneurs to launch towards humanity’s collective space dream.”
SEA is governed by a Board of 19 members and supported by nine committees. SEA is also strongly supported by a Patron and five Fellows who share the vision to position Hong Kong as a leading hub in the international space economy. The Honourable Bernard Charnwut Chan, GBM, GBS, JP is SEA’s Patron with Fellows Dr. Anthony Neoh, KC, SC, JP, Chairman, Asian Academy of International Law, Prof. Jin-Guang Teng, BBS, JP, President, The Hong Kong Polytechnic University, Mr. Jimmy Tsang, General Manager, Goldlion, Mr. Roger Tong, Chief Executive Officer, AsiaSat, and Prof. Gregg Li, Adjunct Professor at the Laboratory for Space Research, The University of Hong Kong.
As this new economy requires education first, SEA began as the Orion Astropreneur Space Academy or OASA, with an aim to herald and teach this new economy. OASA was formed in 2020 to accelerate the awakening of young executives and professionals through action-learning and Artificial Intelligence, preparing them for the NewSpace economy. OASA has made important strides in advancing NewSpace awareness, talent development, and ecosystem building. It has engaged more than 200,000 visits, worked with over 50 partner organisations, and organised more than 60 courses and activities. As OASA evolves into SEA, the OASA remains the brand for school development programmes and youth-focused education.
SEA membership is a community of 100 co-founders, 150+ active members, 250+ student members, and 40+ industry partners shaping the future of NewSpace in the Greater Bay Area. Members connect with leading innovators, world-class institutions, global mentors, and industry leaders at the forefront of the commercial space. SEA provides a trusted platform for dialogue, collaboration, and engagement through events and direct connections. Members can access closed-door industry dialogues, international delegations, early opportunities for partnerships, and connect with an internationally respected network.
SEA’s membership framework has full, associate, and fellow membership options to serve this diverse community. All members benefit from preferential event rates, networking opportunities, curated market intelligence, professional development, and selected business support services. Full Members enjoy governance rights at general meetings, while higher-tier and charter members receive additional recognition and priority access.
Hashtag: #SpaceEconomyAssociation #SEA
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Space Economy Association (Hong Kong) Ltd (SEA) is an independent, membership-based NGO dedicated to connecting and facilitating space-related industries, businesses, investors, educators, experts, and governments worldwide in their pursuit of commercial space business and technology. SEA aims to help establish Hong Kong as a super-connector hub within the international space ecosystem by capitalising on its strengths in professional services, led by finance. SEA’s membership comprises a community of 100 co-founders, over 150 active members, more than 250 student members, and 40+ industry partners, all contributing to shaping the future of NewSpace in the Greater Bay Area. Members benefit from access to closed-door industry dialogues, international delegations, early partnership opportunities, and connections with a respected global network, including the UNOOSA ecosystem. SEA’s growing global network of partners spans Asia, North America, and Europe.
This year’s Olympic Day event was themed “Run with Hong Kong Athletes” and was held at Hong Kong Science Park. It featured three categories: the 4km Individual Run, the 2km Family Fun Run and the 2km Aichi-Nagoya Asian Games Fun Run. The venue also offered a variety of sports experiences and interactive zones. Among them, TCL set up the “SQD Advantage Challenge”, where participants experienced TCL’s SQD-Mini LED display technology through a fun ball-toss game and won Olympic-themed gifts. The lively atmosphere attracted many families and members of the public to take part and enjoy the energy and excitement of Olympic Day.
In addition to receiving commemorative gifts upon completing the event, runners could also enter a lucky draw using their bib numbers. TCL offered several smart TV prizes, with the highlight being the TCL flagship 75-inch X11L SQD-Mini LED TV, valued at HK$44,900. This model delivers peak brightness of up to 10,000 nits and features 20,736 precise local dimming zones for detailed reproduction of high dynamic range scenes. With Super QLED, WHVA 2.0 Ultra panel technology, and Ultra Colour Filter, it achieves 100% BT.2020 full-scenario wide colour gamut, ensuring vivid colour performance even in bright environments. Whether for watching the Olympics or everyday entertainment, the X11L recreates an immersive viewing experience at home, allowing the public to relive the excitement and emotion of sport.
Mr Roger Gao, General Manager of TCL Hong Kong Branch, said: “As a Worldwide Olympic Partner, TCL firmly believes that both technology and sport have the power to inspire and unite communities. By supporting the ‘2026 Olympic Day cum Aichi-Nagoya Asian Games Fun Run’, we are demonstrating TCL’s commitment to promoting sports culture through innovation. We hope to extend the Olympic spirit from the sporting arena into everyday life.”
TCL and the International Olympic Committee announced a global partnership in 2025, with the collaboration running through 2032. TCL became the official Worldwide Olympic and Paralympic Partner in the Home Audiovisual Equipment and Home Appliances category.
Hashtag: #TCL
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Founded in 1981, TCL is committed to delivering forward-looking technology experiences and smart, healthy living solutions. TCL stands for “The Creative Life”, reflecting the brand’s belief in using creativity to inspire life. TCL operates in more than 160 countries and regions worldwide.
The event, staged on 27 June under the theme “Empowering Enterprises to Go Global, Pioneering the Blue Ocean of Silver Economy”, brought together senior government officials, banking executives, fund specialists and business figures at a time when Hong Kong is sharpening its role as an international asset and wealth management centre. The programme focused on three closely linked priorities: helping companies expand overseas, strengthening Hong Kong’s position as a global offshore renminbi hub, and turning demographic change into investable opportunities across healthcare, insurance, lifestyle and retirement planning.
Michael Wong, Acting Financial Secretary of the HKSAR Government, Christopher Hui, Secretary for Financial Services and the Treasury, and Stephen Chan, Deputy Chief Executive of BOCHK, officiated at the event. Other participants included Ko Wing-man, Standing Committee member of the National Committee of the CPPCC; Siu Sai-wo, General Manager for Business Operations at TVB; Pauline Ngan, Deputy Chairman and Managing Director of Mainland Headwear Holdings; Sam Yu, Chairman of the Hong Kong Investment Funds Association; Jack Yang, RMB Business Executive Director of BOCHK; Terry Wong, Chief Executive Officer of Hong Kong Science and Technology Parks Corporation; Angus Chan of Chinachem Group; and Wilson Tang, Chief Executive of BOC Group Life Assurance.
The expo’s opening forum examined how wider use of the renminbi could support enterprises expanding beyond their home markets. Speakers discussed changing global investment conditions, cross-border settlement, capital-market access and Hong Kong’s role as a bridge between the mainland and international investors. The focus reflected a policy push to deepen offshore renminbi activity while helping companies manage foreign exchange, financing and liquidity risks during overseas expansion.
Stephen Chan said Hong Kong was positioned to benefit from the 15th Five-Year Plan’s support for the city as an international asset and wealth management centre. BOCHK would align with government policy by deepening regional business development and promoting wider use of the renminbi, while contributing to Hong Kong’s standing as an international financial centre.
The event also gave prominence to the silver economy, a fast-expanding theme in Asian wealth and business strategy as ageing populations reshape demand for health services, insurance, property, retirement products and lifestyle consumption. The summit forum explored how traditional industries could adjust supply chains and develop services for older consumers, with particular attention to healthcare, elderly care, insurance and technology-enabled services.
Hong Kong’s wealth industry has entered the year with strong structural tailwinds. The city’s asset and wealth management business stood at more than HK$35 trillion at the end of 2024, with more than half of assets sourced from outside the mainland and Hong Kong. The number of single-family offices exceeded 3,380 by the end of 2025, up by about 680 from the end of 2023. Hong Kong has also overtaken Switzerland as the world’s largest cross-boundary wealth management centre, with cross-border wealth booked in the city reaching about $2.9 trillion in 2025.
That momentum is being matched by more intense competition and tighter compliance expectations. Banks and wealth managers are expanding advisory services, digital platforms and family-office offerings, but cross-border flows are facing closer scrutiny as authorities seek to ensure funds move through proper channels. The challenge for the city is to preserve its appeal to private clients while remaining aligned with broader policy priorities, including corporate treasury management, offshore renminbi use and regulated investment connectivity.
The expo’s workshops covered global fund and equity-market conditions, retirement wealth planning, emerging-market investment and multi-asset income strategies. One session examined renminbi assets and China’s equity and bond markets in the context of deeper economic links with ASEAN, the Global South and Belt and Road partner countries. Another looked at income opportunities across Asia-Pacific and emerging markets as investors reassess portfolios amid volatile global equity and bond markets.
Arabian Post Staff -Dubai The UAE has moved to deepen technology cooperation with the United States and allied economies through the second Pax Silica Summit in Washington, DC, placing secure artificial intelligence supply chains, advanced infrastructure and trusted cross-border deployment at the centre of its expanding AI diplomacy. The delegation, led by Saeed Al Hajeri, Minister of State, joined officials from dozens of partner economies and senior […]
HONG KONG SAR – Media OutReach Newswire – 27 June 2026 – The “Wealth Management Expo 2026”, powered by Bank of China (Hong Kong) (“BOCHK”) and organised by TVB under the theme of “Empowering Enterprises to Go Global, Pioneering the Blue Ocean of Silver Economy”, was successfully held today. The Expo featured top-tier financial experts and prominent figures for market pulse insights and visionary perspectives on the international landscape, the international use of RMB, enterprises going global, silver economy and wealth management.
The Expo was officiated by Mr. Michael WONG, GBS, JP, Acting Financial Secretary of the HKSAR Government; Mr. Christopher HUI, GBS, JP, Secretary for Financial Services and the Treasury of the HKSAR Government; and Mr. Stephen CHAN, Deputy Chief Executive of BOCHK. Mr. Christopher HUI also shared at the opening forum on how Hong Kong as a global offshore RMB hub supports enterprises in going global. Other attending guests included Dr. KO Wing Man, GBS, JP, Standing Committee of the National Committee of the CPPCC; Mr. SIU Sai Wo, General Manager (Business Operations) of TVB; and representatives from BOCHK.
Mr. Stephen CHAN, Deputy Chief Executive of BOCHK, said in his opening remarks, “This year marks the inaugural year of the nation’s 15th Five-Year Plan, which clearly supports Hong Kong in strengthening its role as an international asset and wealth management centre. Against this backdrop, Hong Kong, as a vital bridge between the Chinese Mainland and the rest of the world, is set to tap into an unprecedented opportunity for growth. Bank of China (Hong Kong) will actively align with national policies and the HKSAR Government’s direction by deepening its regional business development and promoting the international use of RMB, while continuing to fulfil its corporate social responsibilities, contributing to the consolidation of Hong Kong’s position as an international financial centre.”
Opening Forum: Experts Shared Insights on RMB Empowering Enterprises to Go Global
The opening forum of the Expo “New Opportunities in Global Wealth Investment: RMB Empowering Enterprises to Go Global” featured Mr. Christopher HUI, GBS, JP, Secretary for Financial Services and the Treasury, HKSAR Government; Mrs. Pauline NGAN, BBS, JP, Deputy Chairman and Managing Director of Mainland Headwear Holdings Limited, Member of the National Committee of the CPPCC; Mr. Sam YU, Chairman of Hong Kong Investment Funds Association; and Mr. Jack YANG, RMB Business Executive Director of BOCHK. They engaged in an in-depth discussion on the international market trends, enterprises going global and the international use of RMB, elaborating new investment opportunities.
Summit Forum: Decoding Silver Economy Opportunities and Industry Integration
The growing silver-haired population is driving demand across a range of areas, including health, lifestyle and wealth management. Held under the theme “Redefining Value in the Silver Age: Uncovering Blue Ocean Market Opportunities”, the summit forum featured Dr. KO Wing Man, GBS, JP, Standing Committee of the National Committee of the CPPCC; Mr. Angus CHAN, Director of Elderly Care Services of Chinachem Group; Mr. Terry WONG, Chief Executive Officer of Hong Kong Science and Technology Parks Corporation; and Mr. Wilson TANG, Chief Executive of BOC Group Life Assurance Company Limited. Drawing on a macro perspective on industry structure, the speakers analysed the business opportunities within the silver economy and explored how to drive supply chain transformation and integration across traditional industries such as healthcare and insurance, while offering a forward-looking view of the immense potential of this emerging market.
Thematic Workshops and Immersive Digital Experience Zone, Showcasing Comprehensive Wealth Growth Strategies
The Expo also held several thematic workshops, in which experts analysed prevailing topics, including global fund and equity market conditions, retirement wealth planning, and emerging markets, equipping clients with insights into wealth growth strategies. Two fund workshops focused respectively on emerging markets and global income opportunities. The first workshop, “Focusing on Emerging Value in Asia: Embarking on a New Chapter for RMB Assets and China’s Equity and Bond Markets”, examined how the Chinese Mainland’s deepening cooperation with ASEAN, the Global South, and Belt and Road Initiative partner countries is generating new investment opportunities in emerging markets. The workshop also offered an investment outlook of the implications of the National 15th Five-Year Plan and the shifting global landscape for RMB assets and the Chinese Mainland’s equity and bond markets. The second fund workshop, “Harnessing Multi-Asset Strategies to Capture Asia-Pacific Income Opportunities,” explored how investors should diversify asset portfolio amid heightened volatility in global equity and bond markets, while capturing income opportunities from Asia-Pacific and emerging markets.
The retirement planning workshop, “Forward-Looking Wealth Planning: Charting Your Own Path to a Premium Retirement”, addressed the retirement pain points commonly faced by Hong Kong residents, offering financial advice for the silver generation to build a solid safety net for themselves and their families. The equities workshop, “Navigating 2026: Decoding Stock Market Strategies”, dissected global equity market performance and explored how different financial products can be used to balance aggressive and defensive positioning to capture markets with growth potential. The wealth management workshop, “AI-led Future: Blue Ocean Opportunities in Southeast Asia and New Horizons for Enterprises Going Global”, examined the AI investment boom and analysed the unique edge of Hong Kong as a “super value-adder” for enterprises going global.
A 3D immersive digital experience zone highlighted BOCHK’s capabilities across its expansive network reach, anti-fraud education, professional services, digital innovation leadership and award-winning credentials.
BOCHK Private Wealth also officially unveiled its new Wealth+ service proposition at the event, expanding its scope beyond wealth management to encompass multi-dimension of clients’ lives, including lifestyle experiences, family financial planning and holistic well-being, with a commitment to addressing client’s unique and individual needs.
The “Wealth Management Expo 2026” concluded successfully with fruitful outcomes. Through a full day of engaging forums, workshops, digital experience zone and sponsored booths, industry professionals, investors and the public can gain insights into global opportunities, keep abreast of the latest development in the international use of RMB and the strategic advantages of enterprises going global, while capitalising on the diverse opportunities presented by the silver economy, and mastering financial management and wealth growth.
Hashtag: #WealthManagementExpo2026
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By K Raveendran India’s decision to initiate an anti-dumping investigation into cheap steel imports marks more than another defensive trade action. It is a reminder that globalisation, which New Delhi has often invoked when Indian exports face barriers abroad, becomes far more complicated when the pressure arrives at home. The steel case has exposed the […]
The article Steel Exposes Hard Limits Of Much-Vaunted Free Trade Piety appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Global Industry Leaders Convene, Charting a New Chapter for the Intelligent Era
Liu Ying, Executive Vice President of China Telecom, stated in her speech that China Telecom closely align with the high-quality joint construction of the Belt and Road Initiative, promoting the deep integration of mature domestic technological capabilities with global cloud and network resources, and steadily enhancing its international operational strength. Through continuous cultivation, China Telecom has built an AI Token international operation capability system, consolidating the foundation for expanding the global market and deepening ecosystem cooperation. Based on the new stage of the AI Token era, China Telecom is committed to leveraging Token operations as a bond to share the new global computing network, co-create a new paradigm of AI services, jointly govern the new cross-border compliance order, and collectively embrace the new value of the digital intelligence wave.
OneGrowth 2026, Upgraded, Annual Milestones Revisited
At the conference, China Telecom Global (CTG) officially launched the AI-powered and upgraded OneGrowth 2026 Global Cooperation Initiative. This upgrade centers on the three core dimensions of capabilities, applications, and cooperation. Leveraging on the AI Token empowerment system, it accelerates the standardization, commercialization, and global promotion of core AI capabilities.
Looking back at the past year, the key cooperation achievements of the China Telecom OneGrowth blueprint have gradually been put into practice. The “main artery” of the computing power network is smoother, the “2+5+X” global AIDC layout is accelerating, the ALC international submarine cable successfully landed in Hong Kong, and international submarine and terrestrial cables have increased to 185, with a capacity exceeding 304T. The “new engine” of platform capabilities is fully activated; the all-scenario Vision Network platform “OmanEye” officially commenced commercial trial provisioning, the International Seelink Vison Network Platform successfully put into service, and the global traffic platform operation has cumulatively served millions of customers. Four lightweight quantum products, including eSurfing Quantum Secret, took the lead in landing in the Asia-Pacific region. The “experimental field” of industry applications landed at scale; the Satellite Direct-to-PhoneService successfully landed in Hong Kong and Laos, and the global Internet of Vehicles (IoV) “One Card” capability covers more than 230 countries and regions. The “ecosystem” of cloud-intelligence integration continues to prosper, connecting to over 300 mainstream large models via more than 230 global cloud nodes.
United Through Tokens, Cultivared the AI Ecosystem
China Telecom comprehensively implementing the corporate strategy “Cloudification, Digital Transformation, and AI for good” and actively promotes Token-based operations, sincerely inviting global partners to activate the infinite potential of AI Tokens jointly defining a brand-new map for the intelligent era with OneGrowth initiative.
1. Capabilities Fully Upgraded, Building a “Five-in-One” Token Operation System
China Telecom deepens the “Five-in-One” Intelligent Cloud System, builds an “L-shaped” capability layout, and continuously enhances capabilities in compute, platforms, data, models, and applications, externally launching a one-stop comprehensive Token service platform—XINGCHEN TokenHub.
The Xingchen Super Intelligent Agent TeleAgent enables one-click access to mainstream global large models, creating a lightweight and highly efficient AI Token experience for various customers. The platform provides large model access and public cloud cooperation for leading customers in the industry, and providing standard and customized packages for SME customers in subdivided industries, achieving full-chain value management of “Production—Orchestration & Distribution—Application.”
2. Layout of Four AI Sectors, Building a Token Value Community
Building on the comprehensive layout of four core AI business sectors, and simultaneously opening up all platform resources of XINGCHEN TokenHub, differentiated cooperation schemes are launched for each track, joining hands with global partners to build a Token value community.
AI+ New Connectivity:
With cloud-network integration and computing-network unity as its foundation, and relying on intelligent dedicated lines, it achieves one-point cloud access, proximate high-speed connection, and ubiquitous coverage, providing low-latency, highly stable compute-network support for the high-speed flow of Tokens. It can provide partners with full-process services from technology to deployment, realizing intelligent connections that are manageable, controllable, and security-compliant.
AI+ Vision Network:
Jointly building an open and collaborative vision network platform with 30+ global partners. The international visual platform has deployed across multiple sites in Oman, the UAE, and the Asia-Pacific region, boasting over 10 landing scenarios. Driven by the twin engines of “platform + terminal” and “standards + operations”, creating a Token operation gateway to support overseas operators in achieving breakthrough growth and value-driven operations.
AI+ IoT:
Empowered by mature eSIM technology and an AI+ unified management platform, the business covers 230+ countries and regions, accumulating overseas service cases from 30+ leading automotive enterprises. The cooperation model has upgraded to a joint-operation framework, providing DMP platform customization, joint laboratory R&D, AIoT operation upgrades, and automotive industry eco-partnerships to enhance global user experience.
AI+ Digital Life:
Building the core AI entrance for families based on “one all-optical network, one intelligent cloud, and one Better Home.” It empowers externally by leveraging mature domestic experiences of 290 million users of Xiao Yi Guan Jia (Wing Butler) and 580 million ubiquitous smart terminal connections. Centering on overseas market demands, it opens up international cooperation for core products such as the eSurfing Smart Screen and eSurfing Cloud Drive, together with partners explore brand-new business models and empower global smart families.
Alliance Inaugurated, Consolidating the Foundation for Intelligent Upgrades
During the conference, the AI Token Global Service Ecosystem Alliance was officially inaugurated. Co-initiated by leading enterprises in domestic and overseas computing power supply, large model R&D, and vertical industry applications, the alliance is dedicated to unblocking the full-link synergy of AI Tokens from production and scheduling to application and monetization, jointly building an open, interoperable, and value-sharing globalized AI comprehensive service network to provide a solid foundation for the intelligent upgrade of global industries.
Outstanding Partners Honored, Embarking on a New Journey Together
The conference concluded with an awards ceremony. China Telecom presented the OneGrowth Best Innovative Carrier Partner, OneGrowth Best Product Innovative Partner, OneGrowth Best Strategic Partner, and OneGrowth Best Benchmark Partnership to partners who have shown outstanding performance in global cooperation. This accolades recognize partners walking alongside China Telecom, synergizing deeply in industrial layout planning, tackling cutting-edge technologies, and expanding overseas markets, thereby gathering industrial synergy to consolidate the foundation for digital industry development and jointly boosting the global digital intelligent transformation process.
This conference marks the strategic progression of the OneGrowth Global Cooperation Initiative from ecosystem construction to deep cultivation of sub-tracks. China Telecom will continue to leverage its unique advantages of cloud-network integration and broad cross-border coverage, upholding the core cooperation philosophy of “Co-Creation, Sharing, Co-Governance, and Win-Win.” By building a computing power foundation, expanding the cloud-network backbone, innovating the intelligent core, and gathering ecological synergy, it will make AI Tokens the universal value carrier connecting the global intelligent ecosystem, continuously contributing China Telecom’s strength to building a smarter, safer, and more inclusive global digital industry ecosystem.
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During the reception, Invest Hong Kong (InvestHK), the government’s investment promotion agency, announced impressive results for the first half of 2026, revealing that these enterprises are expected to bring in over HK$53 billion (US$6.8 billion) in foreign direct investment and create over 8,600 new jobs for Hong Kong.
Speaking at the reception, John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), said Hong Kong is one of the best places in the world to do business, being ranked as the world’s freest economy by the Fraser Institute and the second most competitive economy according to the latest IMD World Competitiveness Yearbook.
“In choosing Hong Kong for your Asian and global business expansion, you share my belief in Hong Kong’s flourishing future,” Mr Lee said. “You have made a wise choice. Hong Kong is one of the world’s best economies to do business in and with.”
Under the “one country, two systems” principle, Hong Kong possesses the distinctive advantages of enjoying strong support from the country (China) and being closely connected to the world. The city offers an open and business-friendly environment, a simple and low tax regime, and a common law system that seamlessly connects with global financial centres.
Austria-based transport and logistics firm Gebrüder Weiss recently upgraded its Hong Kong office to become regional headquarters in East Asia and Oceania. Its Regional Director East Asia/Oceania, Michael Zankel, said of Hong Kong, “The business environment is great, you have a lot of talent around here to employ. It has always been the gateway to the Chinese Mainland but for us it is more a gateway to Asia.”
According to Merwann Younes, Global Head of Hospitality & Lifestyle Channels for Italian company Moleskine, Hong Kong is a “a very dynamic and creative city, which are also the core values for Moleskine as a brand.”
Etienne Dubois, Chief Strategy Officer, Unlimitics, which has developed an AI-powered school simulation game designed for neurodivergent children, said Hong Kong is a good place for start-up entrepreneurs like himself. “It is a very good melting pot for talent and opportunities and for growth,” he said.
Expanding on its first half results for 2026, InvestHK announced that its number of completed projects had increased 9% compared to the same period in 2025, while anticipated direct investment was up 36% and new jobs created rose 6% year-on-year.
In terms of place of origin of the 413 enterprises, 246 came from the Chinese Mainland, followed by Singapore (26), the United States (21), the United Kingdom (18), France (11) and Italy (11).
The top five sectors are innovation and technology (93), financial services and fintech (89), tourism and hospitality (55), transport, logistics and industrials (44), and business and professional services (39).
Looking ahead, Mr Lee said the HKSAR Government was expediting development of the Northern Metropolis, a new economic engine destined to rise as an international I&T and business hub.
“This will unlock abundant opportunities and shape a prosperous future for Hong Kong,” Mr Lee said, adding that the HKSAR Government is creating Hong Kong’s first Five-Year Plan, a strategic blueprint that will focus on long-term economic momentum, advancing technology and improving livelihoods.
Investment promotion results of InvestHK for the first half of 2026 are available at: https://gia.info.gov.hk/general/202606/25/P2026062500366_548202_1_1782386859629.pdf
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The Four Treasures of the Study—brush, ink, paper, and inkstone—are an essential part of China’s traditional writing culture. Among them, Xuan paper serves as a key material medium, long used in calligraphy and Chinese painting. Unlike the static presentation typical of traditional craft-themed works, this drama transforms Xuan paper from a “craft object” into a “narrative vehicle,” allowing complex processes such as papermaking, sheet lifting, drying, and cutting to naturally unfold within character-driven stories and everyday settings. In doing so, audiences are able to perceive the tangible warmth and contemporary expression of an intangible cultural heritage practice as the plot progresses.
From a Single Sheet of Paper, a Broader Way of Eastern Living Comes Into View
Xuan paper is not merely a material; it represents a centuries-old Eastern way of writing and cultural expression. Starting from this point, the series extends its perspective into a broader cultural context: the relationship between people and craftsmanship, the dialogue between tradition and modernity, and the evolving pathways through which manual skills persist within today’s industrial landscape.
In its narrative approach, the work brings together interactions between a younger generation and master artisans, making “inheritance” no longer an abstract concept, but a series of real choices and actions. In this way, intangible cultural heritage enters contemporary discourse in a more immersive and relatable form.
Bringing Intangible Cultural Heritage to the World Is Not Only About the Work Itself
In recent years, Chinese intangible cultural heritage represented by Xuan paper has been increasingly entering the global field of vision through multiple channels.
On one hand, through state-level media and international communication platforms, content related to intangible cultural heritage continues to be integrated into multilingual dissemination systems, building broader baseline awareness. On the other hand, with the development of streaming media and digital platforms, more and more film and television works rooted in traditional Chinese culture are reaching overseas audiences in lighter, more visually driven formats.
From Visual Narrative to Lived Experience: Intangible Cultural Heritage Is Forming New Communication Pathways
The significance of Zhong Mo Yuan lies not only in telling a story about Xuan paper, but also in its alignment with current trends in intangible cultural heritage communication: culture is no longer simply displayed—it is experienced, understood, and re-created.
Alongside the dissemination and circulation of related visual content, Jing County in Anhui Province, a key origin of Xuan paper culture, has gradually entered the view of international cultural and artistic audiences. Relying on its well-preserved natural ecological environment, traditional handmade papermaking system, and continuously living cultural transmission, the region has been steadily improving a hybrid spatial structure that integrates heritage exhibition, craft experience, and cultural participation. This allows traditional craftsmanship to sustain its vitality through contemporary expression. When visual narratives connect with real-world sites and cultural spaces, intangible cultural heritage is no longer confined to museum-style presentation, but increasingly becomes a cultural resource that can enter everyday life and international exchange contexts.
Conclusion: A World Expressed Through a Single Sheet of Paper
Starting from a single sheet of Xuan paper, traditional Chinese craftsmanship is being seen, understood, and gradually integrated into a broader global cultural communication system in a more contemporary form.
Within this context, Zhong Mo Yuan offers a more expressive visual approach to intangible cultural heritage, allowing the world to perceive the finer layers and textures of Chinese culture through the story of a single sheet of paper.
Hashtag: #Anhui
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The consensus emerged during the 12th CEIBS Europe Forum, a flagship dialogue held across Paris (22 June) and Brussels (24 June) bringing together policymakers, industry executives, and academics.
Addressing the forums, former President of the European Council Charles Michel stressed that AI is no longer merely a technological issue, but a matter of “sovereignty, leadership, and power.” He identified semiconductors, data infrastructure, and regulatory policy as the core variables shaping future international relations. While acknowledging intensifying global competition, Michel called for “responsible collaboration,” noting that Europe’s mature approach to corporate governance and data security could confer distinct long-term resilience.
The events highlighted a clear strategic divergence in global AI: the US leads in frontier investment, China excels in large-scale application and open-source models, while Europe dominates in regulatory frameworks. “The more intense the competition becomes, the more important dialogue and cooperation are,” noted CEIBS President Wang Hong, highlighting the need to balance global AI governance.
Other speakers included Chinese Ambassador to the EU Cai Run and Chinese Minister to France Chen Li.
Industry panels featuring executives from Siemens, EDF, and leading robotics firms reinforced this pragmatic approach. Across sectors like energy, healthcare, and advanced manufacturing, experts agreed that AI acts as an enabler rather than a replacement for human expertise. However, they cautioned that AI’s massive energy demands present a critical challenge—and a prime opportunity for joint Sino-European innovation in grid technology and renewables.
Concluding the Brussels summit, CEIBS Co-President (European) Frank Bournois encapsulated the sentiment of both cities: “Competition is natural, but insufficient. The real formula we need is unity and trust.”
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SHANGHAI, CHINA – Media OutReach Newswire – 26 June 2026 – 5.5 trillion dollars. That is the annual cost of cybercrime to the global economy — a figure larger than the GDP of every nation except the United States and China. Behind it lies a single, solvable problem: billions of connected devices shipped without robust security baked in.
At MWC IoT Summit 2026 in Shanghai, Jean-Louis Carrara, SVP Global Sales at Kigen, delivered a keynote that reframed this challenge as an inflection point. The message was clear: the era of voluntary security is over, and the manufacturers who recognise this first will define the competitive landscape for the decade ahead.
The Regulation That Changes Everything
The EU Cyber Resilience Act (CRA) is the most significant cybersecurity legislation ever enacted. It covers more than 90% of all IoT products containing digital elements — sensors, gateways, industrial equipment, consumer devices. If it connects, it is covered.
Manufacturers must now provide security updates across a five-year product lifecycle, report confirmed security incidents within 72 hours, and demonstrate security by design from the earliest stages of product development. Non-compliance carries penalties of up to €15 million, or 2.5% of global annual turnover.
Documentation requirements and vulnerability management obligations are already in force from September 2026. For any product in development today — any product planned for market entry in 2027 — compliance is not a future consideration. It is a present one.
Market Access as Competitive Advantage
Independent analysis puts the average cost of CRA compliance at approximately €100,000 per product line. Against a potential penalty exposure of €15 million, the arithmetic is straightforward. But Carrara pressed further: as the compliance threshold rises, EU market access becomes selectively available — a structural advantage for those who are ready.
This is the reframe that matters. Security is not a constraint on speed to market. It is the enabler of access to the world’s most demanding — and most rewarding — markets.
Proof at Scale — and Under Pressure
Kigen’s eSIM technology operates across more than 250 terrestrial and satellite networks worldwide. Hundreds of millions of devices. Decades of real-world hardening. But scale, Carrara argued, is not the same as trust.
Trust is demonstrated when the stakes are highest. When significant vulnerabilities were identified in eSIM frameworks used across the industry, Kigen responded within 72 hours — developing and sharing a patch openly, without paywalls, in full coordination with the GSMA and in alignment with ENISA disclosure guidelines.
“We did not wait for regulation to demand it,” Carrara said. “We acted because it was right — and because the industry’s security is only as strong as its weakest point. Our actions supported the coordinated response to develop countermeasures and mitigate the risks and we continue to collaborate on furthering these by contributing back through GSMA and other standards bodies. With certified eSIMs now carrying capabilities to patch, the tools are available for the mandates OEMs must meet on cybersecurity – readily, with our expertise.”
The Platform Already Built
Kigen’s platform delivers autonomous over-the-air security updates — deployable across an entire installed fleet without physical intervention. Native IoT profile management enables secure provisioning at manufacturing scale. Proven interoperability across the global operator ecosystem ensures devices function wherever customers need them.
Kigen also chairs the GSMA eSIM Working Group, actively advancing standards that raise the security floor for the entire industry — not to hold competitive advantage, but to make the ecosystem stronger for everyone.
The Convergence Moment
AI is transforming manufacturing. Advanced connectivity is extending that transformation to every point on the globe. And regulatory-grade security is the condition that makes all of it trustworthy. These forces are converging — and the window for first-mover advantage is open.
The imperative to build every capability in-house belongs to a previous era. The manufacturers who will define this decade are those who identify where deep, specialised expertise already exists — and accelerate their path to market by partnering with it.
The regulatory framework is clear. The technical capability is proven. Trust, at scale, is a durable advantage.
Hashtag: #Kigen #eSIM #MWC #CRA
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Kigen is the forerunner in secure eSIM and RSP solutions, enabling manufacturers to adopt and scale cellular IoT with ease. Our award-winning solutions are certified to GSMA eSA (eUICC Security Assurance) and SAS (Security Accreditation Scheme) standards—the highest levels of security assurance in the industry. Our technology delivers freedom to choose from 200+ terrestrial and satellite networks, compliant to EU and China cybersecurity and data regulations for export products, with proven interoperability on leading chipsets and modules.
Backed by Arm, SoftBank Vision Fund 2, SBI Group and Salica Investments, Kigen is trusted by leading global brands in consumer electronics, energy, automotive, logistics, and industrial automation.
Learn more at https://kigen.com/ or follow @kigen for #FutureofSIM matters on LinkedIn.
There is much to celebrate. This year marks the 50th anniversary of the Hong Kong International Dragon Boat Races as well as 35th anniversary of both the co-organiser, Hong Kong China Dragon Boat Association, and the sanctioning body, International Dragon Boat Federation (IDBF). The IDBF added to the occasion by announcing earlier this year the relocation of its headquarters back to Hong Kong.
Riding on the wave of excitement, the organiser, Hong Kong Tourism Board (HKTB), extended the annual Hong Kong International Dragon Boat Festival period to 13 days (June 19 – July 1), beginning on the historic Tuen Ng Festival (Dragon Boat Festival) and concluding on July 1, which is the 29th anniversary of the Establishment of the Hong Kong Special Administrative Region (HKSAR).
As the headline international flagship event of “Hong Kong Summer Fun”, Dr Peter Lam, Chairman of the HKTB, said the Festival not only ran over a longer period, but also featured a stronger race line-up and more vibrant entertainment programmes than in previous years, offering an experience found only in Hong Kong for locals and visitors, while showcasing Hong Kong’s position as the Events Capital of Asia.
More than 220 teams from 16 countries and regions will compete for top honours in the world‑renowned setting of Victoria Harbour. This year’s event also introduces the special 50th Anniversary Fishermen Invitational Cup and the 50th Anniversary Championship, paying tribute to the traditional spirit of dragon boat racing.
Visitors will be able to enjoy a series of thematic activities along the Avenue of Stars, including a 22-metre traditional wooden dragon boat, a dragon boat-themed installation in collaboration with the new film Minions & Monsters, live music performances and a line-up of intangible cultural heritage performances, including martial art Wing Chun, Chinese juggling diabolo, traditional musical instruments ruan and guzheng.
Highlighting Hong Kong’s reputation as the birthplace of modern international dragon boat racing, as well as its strengths as a global hub city, the IDBF has taken a significant step in its long‑term global strategy with the formal incorporation of International Dragon Boat Federation Limited in Hong Kong on 29 April 2026.
“Incorporation in Hong Kong is not a conclusion, but a beginning. It anchors our Federation in the city where our international story started and strengthens our ability to serve our members and the global dragon boat family,” said Claudio Schermi, President of the IDBF.
As part of this new chapter, the IDBF has applied for funding under “the Pilot Scheme to Strengthen the Presence of Hong Kong in Asian and International Sports Associations”, which was recently introduced by the HKSAR Government’s Culture, Sports and Tourism Bureau. The Pilot Scheme is an initiative designed to support Asian and international sports associations establishing their headquarters or regional headquarters in the city.
The Dragon Boat Festival has a long and colourful history dating back more than two thousand years. Held each year on the fifth day of the fifth lunar month, the day commemorates the patriotic poet Qu Yuan.
According to legend, Qu committed suicide for his beliefs by throwing himself into the Luo River. The villagers nearby raced out on their dragon boats, banging gongs and drums to scare away fish and other underwater creatures to stop them from eating Qu’s body. The tradition continues to this day, with dragon boat competitions taking place at locations across Hong Kong, each reflecting the unique characteristics of its neighbourhood.
Traditional dragon boat treats feature prominently during the festival, notably zongzi. These glutinous rice dumplings, traditionally wrapped in bamboo leaves and steamed or boiled, are widely available during the festive period.
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Emirates SkyCargo has expanded its freighter network across East and Southeast Asia, adding capacity on key manufacturing corridors as exporters seek faster links to markets across the Middle East, Africa, Europe and the Americas. The Dubai-based carrier said it moved more than 439,000 tonnes of cargo on freighter and passenger flights from 12 markets in East and Southeast Asia during FY2025/26, an increase of about 5 per […]
Arabian Post Staff -Dubai Abu Dhabi has awarded ADNOC and six international partners a major concession to develop and produce gas from the Bab Gas Cap, strengthening the emirate’s drive to expand domestic gas supply and reinforce its position in global energy markets. The concession was granted by the Supreme Council for Financial and Economic Affairs, with ADNOC taking a 60 per cent participating interest. The remaining […]
ByteDance is exploring a $20 billion offshore loan as the TikTok owner seeks fresh financial firepower for artificial intelligence infrastructure, in what would be the company’s largest global borrowing if completed. The Beijing-based technology group has opened preliminary discussions with banks on a facility that could run for three years, with an option to extend the maturity to as long as five years. The size, pricing and […]
