Click here to close now.




















Welcome!

News Feed Item

Innovation to Achieve Greater Efficiency is a Must for China to Accelerate Expansion to Mid- and High- Value Products and Increase Its Competitiveness Signified Through MOU between China’s Top 500 Foreign Trade Enterprises Club and GCEL

China’s Top 500 Foreign Trade Enterprises Club (SSFERTC of the Ministry of Commerce) executed an MOU with The Global Coalition for Efficient Logistics – GCEL (Swiss based Non-profit Public-Private Partnership) to conduct a national Trade Efficiency Assessment of China’s trade practices. This is the first step to deploy the Digital Economy projected to reduce China’s trade costs by USD148.6 billion, increase its trade by more than USD400 billion and create millions of manufacturing and service industry jobs.

From the Left: Mr. Gregory Bird, Mr. Zhao Yan, Dr. Surin Pitsuwan, Captain Samuel Salloum, Tan Sri A ...

From the Left: Mr. Gregory Bird, Mr. Zhao Yan, Dr. Surin Pitsuwan, Captain Samuel Salloum, Tan Sri Abdul Rahman Mamat, Mr. Muhammad A. Agha (Photo: Business Wire)

Mr. Zhao Yan, China’s Top 500 Executive Chairman stated: “Our business leaders are continuously supporting innovation. The Digital Economy tools are key to increase trade efficiency within China and between our trade partners globally. What distinguishes this invitation is the potential role that China can play not only as a user of the proposed tools, but also as a deployer. Thus, expanding China’s technology, financial and insurance service industry worldwide coinciding with our national strategy. The first step is to conduct Trade Efficiency Assessment to achieve two main objectives. One, to assess how much trade participants in China are presently maximizing on what technology can make possible. Two, to present how the Digital Economy can prepare China for the 21st Century Trade Efficiency Era. We must hear from the trade participants working on the ground.

China’s Top 500 Foreign Trade Enterprises Club includes China’s largest corporations generating more than 40% of China’s foreign trade.

Dr. Surin Pitsuwan, GCEL Asia Advisory Board Chairman, 2008-2012 ASEAN Secretary-General and 1997-2001 Thailand Foreign Affairs Minister stated: “So far, we’ve executed MOUs with 72% of China’s trade partners to deploy the Digital Economy, 27.7% of which were assessed with their respective government and private sector experts. The results were staggering, 81% of trade participants have no system and 88% want the proposed Digital Economy Platform. To date, 1/3 of the G20 citizens demand the best of what today’s technology can make possible placed at their fingertips at no cost to the end-user. We have also commenced assessments in Turkey and Australia and we look forward to start the process in China.

The MOU will trigger the national assessment in China and represents the foundation for a larger coalition to strive for greater trade efficiency. In this spirit, engagement efforts are ongoing with China Council for Promotion of International Trade (CCPIT), China Association of International Trade, ASEAN-China Center and China-ASEAN Business Advisory Council.

The Digital Economy provides the tools and the roadmap projected to reduce global annual trade costs by USD1.3 trillion, increase trade by USD1.2 trillion, provide a USD6 trillion services market opportunity and create a USD1 trillion SME fund generating 100 million jobs.

Captain Salloum, GCEL Co-Chairman, said: “For the last 15 years, we conducted R&D to create a Global Cell (G-CEL) working together to achieve Human Wealth (HumaWealth) by connecting the strengths of the world communities, creating wellbeing across humanity. Today, GCEL includes more than 150 countries, 26 NGOs/IGOs and the world’s prominent finance, insurance and technology firms servicing more than 60% of the world’s GDP. This Global Cell will deploy the HumaWealth global program that promotes trade efficiency through the Digital Economy Platform harnessing the power of 21st Century technology.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding bu...
Moving an existing on-premise infrastructure into the cloud can be a complex and daunting proposition. It is critical to understand the benefits as well as the challenges associated with either a full or hybrid approach. In his session at 17th Cloud Expo, Richard Weiss, Principal Consultant at Pythian, will present a roadmap that can be leveraged by any organization to plan, analyze, evaluate and execute on a cloud migration solution. He will review the five major cloud transformation phases a...
The 5th International DevOps Summit, co-located with 17th International Cloud Expo – being held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the ...
SYS-CON Events announced today that the "Second Containers & Microservices Expo" will take place November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities.
IBM’s Blue Box Cloud, powered by OpenStack, is now available in any of IBM’s globally integrated cloud data centers running SoftLayer infrastructure. Less than 90 days after its acquisition of Blue Box, IBM has integrated its Blue Box Cloud Dedicated private-cloud-as-a-service into its broader portfolio of OpenStack® based solutions. The announcement, made today at the OpenStack Silicon Valley event, further highlights IBM’s continued support to deliver OpenStack solutions across all cloud depl...
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises ar...
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership ab...
eCube Systems has released NXTmonitor, a full featured application orchestration solution. NXTmonitor, which inherited the code base of NXTminder, has been extended to support multi-discipline processes and will act as a DevOps utility in a heterogeneous enterprise environment. Previously, NXTminder was packaged with NXTera middleware to configure and manage Entera and NXTera RPC servers. “Since we are widening the focus of this solution to DevOps, we felt the need to change the name to NXTmon...
DevOps Summit, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development...
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, will introduce the technologies required for implementing thes...
Whether you like it or not, DevOps is on track for a remarkable alliance with security. The SEC didn’t approve the merger. And your boss hasn’t heard anything about it. Yet, this unruly triumvirate will soon dominate and deliver DevSecOps faster, cheaper, better, and on an unprecedented scale. In his session at DevOps Summit, Frank Bunger, VP of Customer Success at ScriptRock, will discuss how this cathartic moment will propel the DevOps movement from such stuff as dreams are made on to a prac...
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
Consumer IoT applications provide data about the user that just doesn’t exist in traditional PC or mobile web applications. This rich data, or “context,” enables the highly personalized consumer experiences that characterize many consumer IoT apps. This same data is also providing brands with unprecedented insight into how their connected products are being used, while, at the same time, powering highly targeted engagement and marketing opportunities. In his session at @ThingsExpo, Nathan Trel...
The 3rd International WebRTC Summit, to be held Nov. 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 15th International Cloud Expo, 6th International Big Data Expo, 3rd International DevOps Summit and 2nd Internet of @ThingsExpo. WebRTC (Web-based Real-Time Com...
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.