Hydrogen Fuel Cell Vehicles By The End Of 2023

Hydrogen Fuel Cell Vehicles By The End Of 2023

MingZhu announced an agreement with Dongfeng Liuzhou Motor Company and Shenzhen Guoqing New Energy Technology Company. All three companies will work together to advance the competitiveness of the hydrogen fuel cell industry. MingZhu, with the help of the other two companies, is aiming to deploy 700 new-generation hydrogen fuel cell vehicles by the end of 2023.

 MingZhu is a 4A-Grade trucking service provider with a large fleet of more than 1500 trucks that services 29 regions throughout China. MingZhu is a key player in China's "Belt and Road" initiative, which will help link key economic sectors throughout the country's regions through strong transportation channels. The company has expressed a strong desire to invest in environmentally-friendly transportation vehicles to usher in a new wave of Chinese transportation and economic development.

This agreement is a key step in the direction of having more energy-efficient vehicles and an expanded network of transportation services. MingZhu will be deploying these vehicles across its strong existing transportation network; this includes cold chain cargo transportation across cities in the Pearl River Delta region, port container transportation at Yantian Port Terminal and bulk cargo transportation in the Xinjiang region.

 Hydrogen fuel cell vehicles are similar to electric vehicles as they are zero-emission but instead of an electric battery, the vehicle generates electricity through an onboard fuel cell using hydrogen as its main power source. Guoquing Technology was the first enterprise in Shenzhen to successfully commercialize hydrogen fuel cell vehicles in mass production. As gas and diesel prices continue to rise, MingZhu's shift towards more environmentally friendly vehicles should prove advantageous.

Mr. Jinlong Yang, Chairman and Chief Executive Officer of MingZhu Logistics Holdings Limited, commented, "The importance of supply chain and fuel security reached a critical level during the pandemic. Our customers are making strategic decisions to add optionality into their logistics networks as they seek to derisk the high prices and volatility of traditional gas and diesel. Hydrogen fuel cells have a significant potential to be the alternative our customers want, and by partnering with two leaders in the space we will be able to accelerate our timeline, while reducing the otherwise costly R&D investment required. We view this as a win-win for MingZhu, our customers and our partners."

Established in 2002 and headquartered in Shenzhen, China, MingZhu Logistics Holdings Limited is a 4A-rated professional trucking service provider. Based on the Company's regional logistics terminals in Guangdong Province, MingZhu Logistics Holdings offers tailored solutions to our clients to deliver their goods through our network density and broad geographic coverage across the country by a combination of self-owned fleets, tractors and trailers and subcontractors' fleets.

Build Roads First POWERCHINA Helps Serbia

Build Roads First POWERCHINA Helps Serbia

At the crossroads of Central and Southeastern Europe, Serbia is first Mid-Eastern European country to establish a comprehensive strategic partnership with China. The Belgrade Belt Highway Project at its capital is a landmark for POWERCHINA to open its European market. At the opening ceremony of the S5 bid section, Serbian President Aleksandar Vucic mentioned an old Chinese saying "if you want to get rich, build roads first", which highly resonated with the Serbia's development concept in recent years. 

The close Sino-Serbian relationship and the friendliness from the Serbian government and people to Chinese enterprises have served as a good foundation to advance the Belgrade Belt Highway Project. The project has recruited many Serbian engineers and senior managers to localize its management, which not only reduced the transition phase in the preliminary stage, but also laid a solid foundation for its smooth implementation.

Jovica Radic, deputy chief engineer of the project owner, said that the completion of the highway will ease traffic pressure and traffic diversions in the capital, reduce the number of traffic accidents, lower the driving cost, reduce urban pollution, and cut down harmful emissions and noise from vehicles in inner-city areas.

"The design is a big challenge. Contractors are willing to tackle this big challenge and they have invested a lot of skills and efforts in a limited time. Tunnels and bridges account for a great proportion of the project, which poses difficulty to construction. However, under such circumstances, POWERCHINA's hard work, management skills, high technical level, and superb construction capability have proven itself to be a reliable and credible partner in the infrastructure sector in the future, " said Jovica Radic.

He expected that Chinese companies can share the fast-development experience in China through their intelligence, political influence and technology and contribute to Serbia's development.

Serbia, officially the Republic of Serbia, is a landlocked country in South Eastern and Central Europe located in the middle of the Pannonian Basin and the Balkans.

Power Construction Corporation of China, branded as PowerChina, is a wholly State-owned company administered by the State-owned Assets Supervision and Administration Commission and part of the heavy and civil engineering construction industry.

Rising Star in China

Rising Star in China

China's central place in the world post-2022 is cemented by several factors. According to the International Monetary Fund, China's economy is set to overtake the United States as the largest in the world by 2030; this is remarkable. Secondly, China is home to the world's largest population, with over 1.4 billion people. This gives it a vast domestic market for goods and services. Further, China is increasingly assertive on the global stage, using its economic and political clout to further its interests. China's infrastructure is world-class, with the country investing billions of dollars in building roads, railways and airports. All these factors combine to make China an increasingly important player on the global stage post-2022.

As such, China's central place in the world post-2022 is assured; the country's economic rise over the past few decades has been nothing short of meteoric; its continued growth is virtually guaranteed. As noted, China is already edging towards becoming the world's largest economy; the country is on track to becoming the first trillion-dollar economy in the next few years. This economic might is matched by China's increasing political and military clout. For instance, the country is a permanent member of the UN Security Council and has one of the world's largest militaries. China's influence will only grow in the coming years; it is poised to become a preeminent superpower in the world.

China's important place in the world beyond 2022 is likely to be even more pronounced than it is today. The country's economic growth is forecast to continue to outpace that of other major nations; its political and military clout is expected to increase. China is expected to play an increasingly important role in global affairs, and its influence is likely to be felt more strongly in all corners of the world. In this context, analysts predict China's international prominence is set to rise.

As noted, pundits predict China will become the world's largest economy, overtaking the United States. This event will mark a significant shift in the global balance of power, with China becoming the central player on the world stage. As the world's largest economy, China will hugely impact global trade, investment and politics. Other countries will be increasingly looking to China for leadership and guidance on various issues. Yes, the importance of China's place post-2022 has been steadily cemented.

Think of it: The new normal- marked by the pandemic effects- was expected to reduce the importance of certain prominent cities. However, it only spurred China's economic development. Notably, Beijing, Shanghai, Shenzhen and Guangzhou are still among the top five international cities in terms of trade and transportation. However, their leading position is threatened by other emerging cities with more convenient transportation systems, such as Chengdu (Sichuan), Dalian (Liaoning Province) and Chongqing (Sichuan Province).

Undoubtedly, China is leading in the modern global economy as it prepares for a new era of prosperity. This portrait presents a broad and deep perspective on China's place in the world's economy. This is particularly true considering factors like foreign direct investment (FDI), trade and finance, policy exchanges, infrastructure and transportation, urbanization, environmental protection, science and technology. This is essential for all who wish to learn about China's global strategy and future direction.

Ultimately, "China's new strategy aims at achieving the "great rejuvenation of the Chinese nation," the Chinese leader recently said at the Communist Party's national congress. Yes, China's central place in the future world will be underpinned by factors like its colossal population, vast resources and rapidly-growing economy. The country's economy is expected to grow rapidly in the coming years, further cementing its position as a global superpower. China's central place in the world is likely to be even more pronounced than it is today. The country's economic might, political clout and cultural influence are all on the rise. And, with the 2022 Beijing Winter Olympics, China is poised to take centre stage on the global stage in new ways.

As China's middle class expands, its citizens will increasingly demand a greater say in how the country is run. China's culture is rapidly gaining global prominence. The country's movie industry is growing rapidly, and its films are increasingly being shown in international festivals. Chinese music and fashion are also gaining popularity around the world. All these factors are likely to contribute to China's place in the future. Yes, China is on the verge of becoming a more powerful and influential player on the world stage in 2023 and beyond.

Future China Global Forum 2022

Future China Global Forum 2022

On October 7, 2022, the Future China Global Forum 2022 was held in Singapore. Mr. Peng Shen, Founder and CEO of Waterdrop, attended the forum via video link and introduced the Company's operations in Singapore.

Initiated by Singapore's former prime minister Mr. Lee Kuan Yew in 2010, the Future China Global Forum is an international exchange platform that gathers leaders and experts from political, industrial, business, and academic circles. Themed "Stability Amidst Turbulence", the 2022 session invited over 30 guest speakers, including celebrities like Lawrence Wong, Singapore's Vice Prime Minister and Minister of Finance, Liu Shijin, Deputy Director of the Economic Affairs Committee of the CPPCC National Committee and Vice Chairman of China Development Research Foundation, Jia Qingguo, Director of the Institute for Global Cooperation and Understanding of Peking University, Danny Quah, Dean of the Lee Kuan Yew School of Public Policy at NUS, and Li Shimo, founder, and executive partner of Chengwei Capital.

In terms of investment in Southeast Asia, Shen Peng said Waterdrop has been an active player in the Belt and Road Initiative by expanding its presence in the countries along the routes. In 2019, Waterdrop Medical Crowdfunding raises donations through the Internet in collaboration with Singapore local charitable organizations to help people in need.

In 2022, Waterdrop decided to make Singapore an operating and management center for its operations under the Belt and Road Initiative, as Singapore has the geographical location, infrastructure, economic and cultural environment, and a talent pool ideal for Chinese companies to pursue global development.

Shen Peng said, "In their global move, Chinese enterprises should adjust operations to local conditions, and do what they are best at in a new market. Only by focusing on 'basic skills' can they serve local people well, win user recognition, build competitive edges and take roots locally."

Waterdrop Inc. (NYSE: WDH) is a leading technology platform dedicated to insurance and healthcare service with a positive social impact. Founded in 2016, with the comprehensive coverage of Waterdrop Insurance Marketplace and Waterdrop Medical Crowdfunding, Waterdrop aims to bring insurance and healthcare service to billions through technology.