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DeepBlue Technology Hits The Urban Roadway With The Debut Of The "Smart Panda Bus"

DeepBlue Technology debuts the Smart Panda Bus at the latest China Artificial Intelligence Development Summit and expects to sell it in Europe this year SHANGHAI, Jan. 18, 2019 /PRNewswire/ -- On January 18th, DeepBlue Technology's Smart Panda Bus, an Artificial Intelligence (AI) driving bus, made its debut at the "New Generation Artificial Intelligence Future Development Summit" in Shanghai and is looking to redefining public transportation. The Smart Panda Bus is a multi-functional AI-based autonomous vehicle that incorporates eight different core technologies from DeepBlue Technology, working together to solve various pain points for commuters all over the world. DeepBlue technology unveils the Smart Panda Bus in Shanghai The Smart Panda Bus leverages the latest AI technologies all in one product. Some features are: AutoPilot, Finger Vein Recognition, Voice Interaction, Precise Advertising Push, Vehicle Monitoring Robot, Intelligent Unmanned Retail System, Abnormal Behavior Monitoring System and Intelligent Escape Emergency Handling System, which has never been implemented in a public commuter transport until now. On the Smart Panda Bus, passengers can take the bus and go shopping by swiping their hands through the accurate biometric identification system, while an on-board robot monitors and records any suspicious behavior in real time, makes timely broadcast at the back-end for early warning and activates the intelligent escape emergency system. It heralds a big step towards the development of smart cities of the future, something that many AI industry elites, companies, and even China's city officials and overseas guests from the Belt and Road countries gathered together to discuss. The Smart Panda Bus received enthusiastic support and will land in Asia and Europe this year. Countries such as Germany, Luxembourg, Italy and Greece have shown great interest in this product. It is expected that Smart Panda Bus will be available to Europe in 2019. City officials in Bangkok has already approved the BRT, another autonomous driving vehicle of DeepBlue Technology, to start trials around the middle of this year. Shanghai-based DeepBlue Technology aims to be a global company that will be able to serve people all over the world. At present, the company is active in Europe, the Middle East and Southeast Asia, and so far, has signed smart city cooperation agreements with Greece and Italy. Photo -

Cathay Pacific inaugurates new community engagement programmes

Hong Kong's home airline rejuvenates strategy with a focus on youth development, diversity and inclusion, environmental protection and global cultural exchange HONG KONG, Jan. 18, 2019 /PRNewswire/ -- Youth development, diversity and inclusion, environmental protection and global cultural exchange form the focus of Cathay Pacific's rejuvenated community engagement strategy, which saw the inauguration of two new initiatives today at a ceremony held in Hong Kong. Rupert Hogg, Cathay Pacific Chief Executive Officer, Francis Ngai, Social Ventures Hong Kong Founder & CEO and Bird Tang, VolTra Co-Founder & Executive Director attended the event as officiating guests. The two new initiatives, 'Cathay ChangeMakers' and 'World As One', which have been developed together with Social Ventures Hong Kong, are just the start of the airline's efforts to re-energise its community objectives, which are to deliver positive change in society by collaborating with partners across different sectors to create shared value. Cathay ChangeMakers pays tribute to and raises awareness of the work of Hong Kong people who have made a positive contribution to society, while World As One provides young people of diverse backgrounds with a thought-provoking travel experience that broadens their understanding of societal needs and cultivates empathy in their outlook on life. Cathay Pacific Chief Executive Officer Rupert Hogg said: "Just like how we have been changing the way we do our business, it is important for us to work in new ways to address social challenges. Society is facing increasingly complex issues and no single party can solve them alone. Our revitalised approach to community engagement embraces both social innovations and shared value creation." During the ceremony, Mr Hogg presented awards to three Cathay ChangeMakers* -- Gigi Tung, founder of food rescue and assistance programme Food Angel; Jeffrey Andrews, a registered social worker who is committed to helping ethnic minorities thrive; and Craig Leeson, director of the award-winning documentary "A Plastic Ocean" -- in recognition of their outstanding contribution to the community and the environment. Through this particular initiative, Cathay Pacific vows to support the ChangeMakers by showcasing and promoting their important causes to a wide audience, including to its passengers, employees and business partners. Meanwhile, participants from the World As One programme, comprising 15 Hong Kong youngsters, shared their experience during the ceremony of journeying to Cambodia last October, where they served as volunteers to help and serve the needs of the local people. Through planned activities -- including building new homes for villagers -- and facilitated sharing sessions, each participant had the opportunity to gain a better understanding of the challenges faced by communities in the developing world, leading them to have greater empathy with their issues and circumstances. As a result of a new partnership with VolTra, a registered non-profit organisation in Hong Kong, Cathay Pacific is grateful that similar experiences are now available to more and more members of the Hong Kong public. While Cathay ChangeMakers and World As One herald the beginning of the airline's new community engagement strategy, more initiatives are being rolled up. For instance, Cathay Pacific is currently recruiting Form 3 to Form 6 students to join its 2019 I CAN FLY development programme. With its renewed focus, I CAN FLY will not only help towards students realising their aviation dreams but will also raise the youngsters' awareness of the many challenges facing the Hong Kong community. Mr Hogg concluded: "This is just the start of our new approach to community engagement and we are both excited and motivated by what's being planned for the future. By collaborating with partners across different sectors, we can leverage what we do as an airline company -- by connecting people and places, our business and NGO partners -- to bring about benefit to society." Media Enquiries T: +852 2747 5393 E: press@cathaypacific.comW: About Cathay Pacific The Hong Kong-based Cathay Pacific Group offers scheduled passenger and cargo services to over 200 destinations in Asia, North America, Australia, Europe and Africa, using a fleet of nearly 200 wide-body aircraft. The company is a member of the Swire group and is a public company listed on the Hong Kong Stock Exchange. The Group has made substantial investments to develop Hong Kong as one of the world's leading global transportation hubs. Cathay Pacific is a founder member of the oneworld global alliance. For more information, please visit Photo - Links :

APD | Headline inflation slows to 5.9 percent in the Philippines

By APD writer Melo M. AcuñaMANILA, Jan.18 (APD) – The Bangko Sentral ng Pilipinas reported that headline inflation slowed down after its peak in Q3 of 2018.In a briefing at shortly before midday today, Sector-in-Charge for Monetary and Economic Sector Francisco G. Dakila, Jr. said headline inflation moderated to 5.9 percent for the fourth quarter from 6.2 percent in the previous quarter which indicates “inflation has reached its peak in Q3 2018.”Sector-in-Charge Francisco G. Dakila, Jr. (center) from the BSP's Monetary and Economics Sector said inflation eased during the 4th Quarter of 2018.“This brought the full year average inflation to 5.2 percent, which is above the National Government’s (NG) announced target range of 3.0 percent ± 1.0 percentage point (ppt) for the year,” Dakila added.During the briefing, he added inflation expectations re higher for 2018 but lower for 2019-2020 as results of the BSP’s survey of private sector economists for December 2018 showed that mean inflation forecast for 2018 was high relative to the results in September 2018, while mean inflation forecasts were lower for 2019 and 2020.He added the survey on private sector economists for December 2018 showed that the mean inflation forecast for 2018 rose to 5.4 percent from 5.3 percent in the September 2018 survey.“By contrast, mean inflation forecasts for 2019 decreased to 4.1 percent while forecasts for 2020 decreased to 3.8 percent from previous surveys.   Mr. Dakila said though analysts expects inflation to remain e3levated in the near term, their assessment of the balance of risks to the inflation outlook shifted toward the downside.“Possible downside risks include decline global oil prices, easing prices of food and non-food items, implementation of non-monetary measures to address domestic food supply issues including rice importation, the recent and expectations of further policy rate hikes by the Bangko Sentral ng Pilipinas (BSP) and the recovery of the Philippine peso against the US dollar.However, it was reported the domestic economy grew at a slower pace with its Q3 growth at 6.1 percent.  “This is lower than the 6.2 percent expansion a quarter ago and 7.2 percent growth a year ago,” Mr. Dakila added.He explained on then expenditure side, the slowdown in Q3 2018 Gross Domestic Product (GDP) was due to lower household consumption.  The government spending accelerated while gross fixed capital formation continued to grow at double-digit rate.On the production side, the lower GDP growth for the quarter was attributed to the agriculture, hunting, forestry and fishing and the industry sectors. (ASIA PACIFIC DAILY)

The Belt and Road

2018 Silk Road Business Summit to be held in Zhangjiajie City on October 16, 2018

On September 29, the press conference of 2018 Silk Road Business Summit in Zhangjiajie city was successfully held in Changsha, Hunan Province. Leaders from the China Association for Friendship, Hunan Sub-council of China Council for the Promotion of International Trade, Zhangjiajie Municipal Government, Silk Road Chamber of International Commerce (SRCIC), and more than 30 mainstream media representatives attended the press conference. The announcement was made for the summit to be held in Zhangjiajie city on 16-17 October 2018. The summit is to actively respond to the Belt and Road Initiative, to build a multilateral economic and trade platform, to promote the formulation of international standards and the building-up of the Belt and Road brands, to explore the new mode of cultural exchange, to create the international tourist attractions, to facilitate the synergy of cultural industries, cultural undertakings, and cultural tourism as contribution to the development of a shared future for the world. The abundant resources of SRCIC will uplift Hunan province in its advantages in the Belt and Road construction and in its strategy of “Innovation Leads and Open Policies for Rise” to expedite Hunan province as an important inland hub of the Belt and Road.  The Zhangjiajie Summit is the 3rd silk road business summit organized by SRCIC, following the successful summits in 2016 and 2017. It’s the first summit with its venue in a city away from Xi’an. The summit in Zhangjiajie city will give a full play to the city’s unique natural resources, ecological culture, and its tourist economy.By report, Silk Road Urban Alliance Roundtable: Belt and Road International Cooperation on Tourism is scheduled at the summit. Themed with strengthening the tourist cooperation and facilitating the Belt and Road construction, the participants are expected to share views on setting up mechanisms for the Silk Road Urban Alliance and have in-depth discussion on promoting tourist and economic development. The summit will release consensuses, international standard proposals and tourist destination development strategies.Over the five years, the Belt and Road Initiative has gained strong support from the Belt and Road countries. International commercial associations and enterprises are important participants in the Belt and Road construction. SRCIC, one of the summit organizers, is the first transnational business confederation named after the Belt and Road and mainly composed of national chambers of commerce from the Belt and Road countries. Since its establishment in 2015, SRCIC is devoted to narrating the Belt and Road stories, initiating the Belt and Road voices, and facilitating the cultural exchanges in building up pragmatic platforms for win-win cooperation. Currently SRCIC has 129 organizational members from 79 countries, including state-level business organizations and millions of affiliated enterprises. SRCIC serves as a bridge connecting enterprises and governments, providing a cooperative platform between business associations and SRCIC members. It plays a vital role in advancing economic and social development with an emphasis on international collaboration and global governance.According to the plan, the annual silk road business summits are to be held in different SRCIC member countries for bigger influence and popularity, and for building up more cooperative platforms to benefit SRCIC commercial association members and enterprise members. (ASIA PACIFIC DAILY)


Belt and Road Initiative paves way for win-win cooperation between China and Czech

By APD Writer He WeiIn July last year, the first China-EU freight train departed from Prague, captial of Czech,to Yiwu, a city in east China’s Zhejang Province. The new cargo train service marked the official launch of “the Belt and Road Initiative” in Czech. Thanks to joint efforts of both sides, the economic and trade ties between China and Czech Republic is heading for a bright future.During the Belt and Road Forum for International Cooperation in May 2017, two months before the opening, China signed the Memorandum of Understanding to Jointly Coordinate and Promote Cooperation and Project Implementation with Czech. According to the memorandum, more efforts will be made to set up a China-Czech Cooperation Center under the Belt and Road initiative, a key project bank and a cooperation platform, integrate domestic and foreign resources, as well as adjoin and implement projects On the sidelines of the The Working Conference of China-Czech Jointly Coordinating and Monitoring Cooperation Plan and Projects under the Framework of the “Belt and Road Initiative”, Liu Jielei, vice chairman of the Czech-China Friendship Association, told the Asia Pacific Daily (APD) that besides geographic advantage, Czech enjoys a sound investment environment because of its stable domestic policies, friendly policy toward China, lower business taxes and labor cost than that of in other European countries.The "Yixin’ou (Yiwu-Xinjiang-Europe) cargo train, which began in Yiwu, was hailed as an important bridge linking Asian and European continents and a signficiant achievement in the early stage of the initative by Chinese President Xi Jinping. Xu Jie, general manager of Rongsheng Travelling (Czech) Investment Co., Ltd., said because of its important location, they have launched two projects including the Czech-Chinese Technology Business District (CCTBD) project and the South Moravia Chinese Herbal Spa Project in Prague during the past two years, stressing that initial success has been achieved thanks to the initiative.Transalated by Hu Yahui(ASIA PACIFIC DAILY)