Year: 2022

MUNICH, July 27, 2022 /PRNewswire/ — The Crown Prince of Dubai has his eye on the digital world: This week, Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum announced a new “metaverse strategy” that he says will create 40,000 new virtual jobs and add $4 billion to the city’s GDP within five years.

“The strategy focuses on nurturing talent and investing in future skills by providing the necessary Metaverse training support for developers, content creators and digital platform users in the Metaverse community,” the UAE’s official news agency, WAM, said in a statement.

As for the Metaverse, some of Dubai’s largest companies have said they are increasingly incorporating the technology into their businesses. And that’s where METAYO, the German Metaverse holding company, comes in: with patented and proprietary software solutions, METAYO will be a key player in this new ecosystem.

As Matthew Ball, the world’s leading Metaverse expert, said, a central task in the development of Metaverse worlds is interoperability. Only when the different worlds can be connected in the core applications can the Metaverse business grow. Building bridges between digital worlds is one of METAYO’s core competencies. The patented software solution behind the Holoswitch app plays a central role in this.

But building Web3 communities using NFT technologies is also expected to play an important role for METAYO in Dubai. Especially when it comes to digitizing luxury goods and making them accessible for the web3.

In April, global investment bank Citi said the potential size of the global metaverse market could be $30 trillion by 2030. However, other firms such as the Big Four accounting firm KPMG have said that these figures may be too conservative. As for the United Arab Emirates (UAE), augmented reality and virtual reality technologies could generate $4 billion in sales in the UAE alone by 2030, according to a 2020 report by management consulting firm PwC. METAYO will participate in this fast-growing business.

Picture is available at AP Images (http://www.apimages.com)

Contact:
METAYO metaverse technologies SE
Oberföhringer Str. 75
81925 München
Germany
info@metayo.io

BEIJING, July 27, 2022 /PRNewswire/ — With tourism as a pillar, Indonesia has long been a popular destination for Chinese tourists, and China became the Southeast Asian country’s largest source of international tourists in both 2016 and 2017.

And now Indonesia is the second most popular destination for Chinese tourists, said Peng Liyuan, wife of Chinese President Xi Jinping, during a meeting with Indonesian First Lady Iriana Joko Widodo in Beijing on Tuesday.

At Diaoyutai State Guesthouse, Peng told Iriana, who was accompanying Indonesian President Joko Widodo on his two-day visit to China, that as important neighbors, the Chinese and Indonesian peoples have enjoyed a friendship with a long history, and that both countries have witnessed robust people-to-people exchanges in recent years.

For instance, more than 2.05 million tourists from the Chinese mainland visited Indonesia in 2017, accounting for 14.95 percent of all of its international visitors, data by the country’s Statistics Bureau Agency showed. In particular, Chinese tourists dominated foreign ones who visited Indonesia’s resort island of Bali.

On Tuesday, Iriana said she welcomed more Chinese tourists to visit Indonesia and said she hopes for a lasting friendship between the two countries.

Indonesia has offered visa-free policies for Chinese tourists since 2015, enabling them to stay in the country for no more than 30 days.

In their acclaimed four-pillar cooperation, China and Indonesia have forged a new synergy through working together on people-to-people exchanges, as well as politics, economy, and maritime projects in recent years.

On Tuesday, Peng and Iriana also watched musical performances by students and teachers of the China Conservatory of Music. Peng talked about the history and techniques of traditional Chinese musical instruments.

Fascinated by the performances, Iriana said that she was deeply touched to hear young Chinese artists play Indonesian music.

Music knows no borders, links hearts and passes on friendship, said Peng. She also expressed the hope that cultural exchanges will play a greater role in enhancing the friendship between the two countries.

In a joint statement, China and Indonesia said both sides will accelerate the resumption of people-to-people exchanges, including the return of Indonesian students to China, open more direct flights, and beef up cooperation in such fields as education, tourism, youth and local exchanges.

https://news.cgtn.com/news/2022-07-26/Peng-encourages-more-cultural-exchanges-between-China-and-Indonesia-1bZi4zLrhNC/index.html

Video – https://www.youtube.com/watch?v=wjsEKYWcnhI

BEIJING, July 27, 2022 /PRNewswire/ — In 2021, aiming to tap into a wider market of 7.5 billion in population, Chinese construction machinery giant SANY launched 128 new products for international markets, representing 83% year-on-year growth. In the near future, SANY’s internationalization efforts will revolve around the development of large equipment, Euro-American markets and the compilation of product literature, all of which are important elements to propel SANY’s internationalization progress forward.

So far, SANY’s product portfolio coverage in high-end markets in Europe and America has reached 64%. SANY’s all-star team is shining in global markets, starring: the 45 m pump truck which fills a gap in the European market; the excavator SY225C-10HD which generated many orders at bauma India; the drilling rig SR235MV which is a strong newcomer in the North American market; and the wheeled crane SAC600E, a bestselling high-tech model in Europe, America, Korea and Australia.

Apart from new products, SANY lodged 179 PCT international patent applications in 2021.

SANY ensures all available resources around the globe, including talent, technologies, R&D, manufacturing facilities and management, are mobilized to enrich product diversity and enhance their competitiveness. Launched in 2021, the Global Coordinated Design Platform realized the joint development of the first-generation PS/SP dual-branded 45 m pump truck by SANY and Putzmeister.

SANY’s R&D incorporates rich global intellectual resources, with Kunshan Global R&D Center being a good example and all machinery divisions having their own research institutes. R&D centers have been established in North America, Europe, Japan and India, where nearly 200 top local experts are working in the field of local law, customer research and the localization of spare parts, allowing SANY to serve local markets better.

In China, the number of SANY’s R&D staff specialized in international products reached 864 in 2021, a year-on-year growth of 89%. Among them, 150 are regularly dispatched to the frontlines around the world to gain real-time insights of market trends.

Manufacturing-wise, SANY is planning to build more lighthouse factories in Europe and Southeast Aisa.

All of SANY’s R&D and cultivation efforts led to a remarkable global performance in 2021, with a sales growth of 50% year on year and doubled sales in over 50 countries and regions. While SANY excavators and concrete machinery remain global bestsellers, concrete machinery, cranes and drilling machinery enjoyed a sales growth of 24%, 137% and 121% respectively.

Di Wu,
wud43@sanyglobal.com

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