Connect with us

News

Three-dimensional transport system connects Xiamen with the world

gbafNews28

XIAMEN, China, Jan. 27, 2021 /PRNewswire/ — A news report from China Daily:

An aerial view of Xiamen Port in East China’s Fujian province. [Photo provided to China Daily]

The container throughput of Xiamen Port in East China's Fujian province was 11.41 million twenty-foot equivalent units in 2020, up 2.54 percent year-on-year. Since last June, the monthly container throughput of the port has exceeded 1 million TEUs seven months in a row, a historical record, according to statistics from the city's port administration.

As a key port city of the 21st Century Maritime Silk Road and the Silk Road Economic Belt, Xiamen aims to develop a world-class port with an annual container throughput of 14 million TEUs by 2025 and become a special economic zone with a free trade port by 2035.

One of the world’s largest container vessels, MSC Isabella, berths at Xiamen Port on March 17, 2020. [Photo provided to China Daily]

A shipping hub

As the 14th largest port in the world, Xiamen Port offers 146 container shipping routes, including more than 100 foreign trade routes to 138 ports in 44 countries.

Silk Road Maritime, China's first Belt and Road international comprehensive logistics service platform focusing on shipping, was launched at Xiamen Port on Dec 24, 2018, enhancing economic and trade exchanges with countries around the world.

Xiamen currently offers 55 shipping routes named after the Silk Road Maritime, forming an alliance with nearly 170 well-known companies involved in ports, shipping, logistics, and trade worldwide.

From January to November 2020, 1,932 voyages were made on 51 of the routes, carrying 1.86 million TEUs, up 1.06 percent year-on-year.

The port also cooperated with Israel-based ZIM Integrated Shipping to introduce the first “e-commerce express” cargo route in September 2020, with five vessels in service. The ships stop in Xiamen every week and head directly to the Port of Los Angeles in the United States, which takes 15 days, making it a highly-effective and low-cost logistical route.

“The business environment at Xiamen Port is among the best in China. Its high-quality services are capable of ensuring the stable operation of the e-commerce route, which creates a highly-efficient link between vendors and buyers in Fujian and across the world,” said Li Xiaobing, president of the South China branch of ZIM at an e-commerce meeting on Jan 5.

Xiamen Customs officers examine imported fruit. [Photo provided to China Daily]

Sea-land-air transportation system

Building Xiamen into an international shipping center requires an integrated port-railway transportation system, said Yin Li, secretary of the CPC Fujian Provincial Committee, during a recent interview with Xinhua.

In 2015, the first China-Europe train departed from the Fujian Pilot Free Trade Zone in Xiamen via Chengdu. At present, Xiamen offers freight train routes to Central Europe, Central Asia, and Russia, reaching more than 30 cities in 12 countries, including Poznan, Poland; Budapest, Hungary; Hamburg, Germany; Moscow, Russia; and Almaty and Tashkent in Central Asia.

A total of 273 trains left Xiamen in 2020 carrying 24,112 TEUs of cargo weighing 142,400 tons and valued at $962 million. All of these numbers are record highs, with year-on-year growth rates of 17, 36, 59, and 40 percent, respectively.

Meanwhile, the sea-railway combined transportation service is also performing well. Last August, the Philippines followed South Korea, Vietnam, and China's Taiwan region to become the fourth place to have its cargo delivered to Xiamen by sea and transported to Europe by rail.

Officials of Xiamen Customs said that the China-Europe freight service in Xiamen has become a vital logistics channel for ensuring Sino-European trade exchange and cooperation amid the COVID-19 pandemic.

Since the beginning of 2020, the trains have carried masks, protective clothing, medical equipment, shoes, hats, clothing, and other urgently needed supplies to countries and regions involved in the Belt and Road Initiative.

Xiamen has also opened new flights to build a three-dimensional transport network encompassing sea, land, and air.

By September 2020, there were 35 international air lines from Xiamen, including 21 to countries and regions involved in the Belt and Road Initiative. They form a network covering Asia, Europe, North America, and Australia.

Statistics from the Xiamen Transportation Bureau show that Xiamen's throughput of international transit passengers ranked fifth in the Chinese mainland, making it a major international transit hub.

The new international airport is currently under construction in Xiang'an district. The first phase is expected to be completed before 2023. It will become one of the largest terminals in China, capable of handling more than 45 million passengers annually.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/three-dimensional-transport-system-connects-xiamen-with-the-world-301216818.html

SOURCE China Daily

News

ACE Academy is Set to Elevate Advisor Expectations and take the Virtual Learning Environment by Storm

gbafNews28

DENVER, Feb. 23, 2021 /PRNewswire/ — Like 2020, 2021 continues to shepherd a big transformation of the work environment with a rapid evolution of virtual environments. This transformation brings remote learning to center stage, as financial professionals continue to hone their skills and expand their expertise from their home offices.

“ACE Academy offers Ivy league executive education in the form of a conference,” said Devin Ekberg, CIMA, CPWA, CFA

As many things in life have shifted to online experiences, expectations have been elevated.  The online work environment has altered attention spans and created a thirst for programming that drive results. The Investments & Wealth Institute's upcoming ACE Academy is designed to do just that. Styled after the executive education “master class” programs familiar to Institute membership, ACE Academy creates professional development opportunities with a blend of Ivy League curriculum, practical solutions, and entertainment.  

On April 26 – 27, 2021, ACE Academy will bring together highly accomplished and highly sought-after all-stars such as Nobel Laureates Robert Merton, PhD from MIT and Sir Angus Deaton from Princeton University. The program also features global economist Dambisa Moyo and Raghuram Rajan, PhD, Professor of Finance at the University of Chicago and 23rd Governor of the Reserve Bank of India.  New York Times bestseller and author of Atomic Habits, James Clear joins the lineup; and other leaders in the field, including twelve PhDs, nine tenured professors, four economists, two psychologists, and two JDs. ACE Academy attendees will leave the two-day virtual conference with actionable intelligence to move their careers and businesses forward, amid a pandemic.

“We are excited to bring together legends from universities such as Harvard, Yale, Princeton, Stanford, Wharton, MIT and Chicago and foster meaningful dialogue and insights,” said Sean R. Walters, CAE®, chief executive officer. “ACE Academy allows practitioners hear first-hand from leading experts how to provide value in the face of disruption and change.”

“The Institute's conferences are designed to grant exclusive access to the most prominent and influential people in the financial industry. Between this agenda, the experience, and networking opportunities, ACE Academy offers Ivy league executive education in the form of a conference.” added Devin Ekberg, CIMA®, CPWA®, CFA®, Chief Learning Officer and Managing Director of Content Development. “After an inventive year for virtual events, it's one of the best programs I've seen anywhere in the industry.”  

ACE Academy will offer more than 25 different sessions and a minimum of 25 Institute continuing education (CE) credit hours. Register today to get compelling insights and strategies to help you navigate the changing and highly competitive environment.

Learn more by visiting content.investmentsandwealth.org/2021ace

To learn more about the Institute visit http://www.investmentsandwealth.org/

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/ace-academy-is-set-to-elevate-advisor-expectations-and-take-the-virtual-learning-environment-by-storm-301233783.html

SOURCE Investments & Wealth Institute

Continue Reading

News

Remark Holdings Adjourns Special Shareholder Meeting Until April 6, 2021

gbafNews28

LAS VEGAS, Feb. 23, 2021 /PRNewswire/ — Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence (“AI”) solutions and digital media properties, today announced the adjournment of its special shareholder meeting until Tuesday, April 6, 2021 at 1:00 p.m. ET, to provide additional time to solicit votes to reach a quorum and conduct business.

Remark Holdings, Inc. (PRNewsFoto/Remark Media, Inc.)

About Remark Holdings, Inc.

Remark Holdings, Inc. (NASDAQ: MARK) delivers an integrated suite of AI solutions that enable businesses and organizations to solve problems, reduce risk and deliver positive outcomes. The company's easy-to-install AI products are being rolled out in a wide range of applications within the retail, public safety and workplace arenas. The company also owns and operates an e-commerce digital media property focused on a luxury beach lifestyle. The company is headquartered in Las Vegas, Nevada, with additional operations in Los Angeles, California and in Beijing, Shanghai, Chengdu and Hangzhou, China. For more information, please visit the company's website at www.remarkholdings.com.

Forward-Looking Statements

This press release may contain forward-looking statements, including information relating to future events, future financial performance, strategies, expectations, competitive environment and regulation. Words such as “may,” “should,” “could,” “would,” “predicts,” “potential,” “continue,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” and similar expressions, as well as statements in future tense, identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, including those discussed in Part I, Item 1A. Risk Factors in Remark Holdings' Annual Report on Form 10-K and Remark Holdings' other filings with the SEC. Any forward-looking statements reflect Remark Holdings' current views with respect to future events, are based on assumptions and are subject to risks and uncertainties. Given such uncertainties, you should not place undue reliance on any forward-looking statements, which represent Remark Holdings' estimates and assumptions only as of the date hereof. Except as required by law, Remark Holdings undertakes no obligation to update or revise publicly any forward-looking statements after the date hereof, whether as a result of new information, future events or otherwise.

Company Contacts

E. Brian Harvey
Senior Vice President of Capital Markets and Investor Relations
Remark Holdings, Inc.
[email protected]
702-701-9514

Fay Tian
Vice President of Investor Relations
[email protected]
(+1) 626-623-2000
(+86) 13702108000

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/remark-holdings-adjourns-special-shareholder-meeting-until-april-6-2021-301233789.html

SOURCE Remark Holdings, Inc.

Continue Reading

News

Learn How Loan Officers are Creating Customers for Life by Leveraging FinTech and Winning Big in the Process!

gbafNews28

SAN DIEGO, Feb. 23, 2021 /PRNewswire/ — Synergy One Lending, home of The Modern Mortgage Experience, in their latest webinar series, THE SHIFT, presents “Winning Big with FinTech” on March 3rd at 11am PST with Henry Cason, one of the foremost authorities on the digital mortgage landscape, former head of digital strategy at Fannie Mae and the Creator of Fannie Mae's Day 1 Certainty Program. Cason, now CEO at FinLocker, addresses how fintech allows lenders to venture well beyond the mortgage transaction to meet the paradigm shift happening in consumer finance. Learn how top producers are positioning themselves with technology as they build highly engaged customers for life, especially in the Gen Z and Millennial segments. Click here to secure your spot today! Synergy One Lending is based in San Diego, CA, with Operational HUBS in Roseville, Boise, Denver and Dallas. Contact Aaron Nemec or Ben Green to learn more about S1L.

Contact:
Aaron Nemec
[email protected]

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/learn-how-loan-officers-are-creating-customers-for-life-by-leveraging-fintech-and-winning-big-in-the-process-301233779.html

SOURCE Synergy One Lending

Continue Reading
Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.

Call for Entries

Global Banking and Finance Review Awards Nominations 2021
2021 Awards now open. Click Here to Nominate

Latest Posts

gbafNews28 gbafNews28
News55 mins ago

ACE Academy is Set to Elevate Advisor Expectations and take the Virtual Learning Environment by Storm

DENVER, Feb. 23, 2021 /PRNewswire/ — Like 2020, 2021 continues to shepherd a big transformation of the work environment with a...

gbafNews28 gbafNews28
News56 mins ago

OneWest Bank Opens New Branch in Watts Neighborhood of Los Angeles

PASADENA, Calif., Feb. 23, 2021 /PRNewswire/ — OneWest Bank, CIT's Southern California retail bank division today announced the grand opening of its branch...

gbafNews28 gbafNews28
News56 mins ago

CVC Capital Partners Fund VII to invest in MedRisk

NEW YORK, Feb. 23, 2021 /PRNewswire/ — CVC Capital Partners (“CVC”) announced today that CVC Fund VII has signed a...

gbafNews28 gbafNews28
News56 mins ago

Learn How Loan Officers are Creating Customers for Life by Leveraging FinTech and Winning Big in the Process!

SAN DIEGO, Feb. 23, 2021 /PRNewswire/ — Synergy One Lending, home of The Modern Mortgage Experience™, in their latest webinar series,...

gbafNews28 gbafNews28
News56 mins ago

Remark Holdings Adjourns Special Shareholder Meeting Until April 6, 2021

LAS VEGAS, Feb. 23, 2021 /PRNewswire/ — Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence...

gbafNews28 gbafNews28
News56 mins ago

Jennifer Glessner Promoted to Senior Vice President

FORT WAYNE, Ind., Feb. 23, 2021 /PRNewswire/ — Jennifer Glessner has been promoted to Senior Vice President, New Business and Underwriting...

gbafNews28 gbafNews28
News56 mins ago

NeuroRx Announces that ZYESAMI™ (Aviptadil) has Successfully Demonstrated 10-Day Accelerated Recovery from Respiratory Failure in Critically Ill Patients with Covid-19 Treated with High Flow Nasal Oxygen at 28-Day Interim Endpoint

RADNOR, Pa., Feb. 23, 2021 /PRNewswire/ — NeuroRx, Inc. announced today that the Phase 2b/3 trial* of ZYESAMI™ (aviptadil, previously RLF-100™)...

gbafNews28 gbafNews28
News56 mins ago

Sequoia's COVID-19 Vaccine Employer Policies Report Finds that 42% of Companies Are Uncertain if They Will Mandate Vaccinations

SAN FRANCISCO, Feb. 23, 2021 /PRNewswire/ — Sequoia Consulting Group, a tech-enabled consulting and services company today released its COVID-19 Vaccine...

gbafNews28 gbafNews28
News56 mins ago

Federal Home Loan Bank Of New York Announces Full-Year And Fourth Quarter 2020 Operating Highlights

NEW YORK, Feb. 23, 2021 /PRNewswire/ — The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial...

gbafNews28 gbafNews28
News56 mins ago

National Association for Business Resources Names Spectrum Investment Advisors A 2021 Winner for Milwaukee's Best And Brightest Companies To Work For®

MILWAUKEE, Feb. 23, 2021 /PRNewswire/ — Every year, companies throughout the greater Milwaukee region compete to be named one of Milwaukee's...