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.

OPPO Developer Conference 2022

OPPO Developer Conference 2022

OPPO kicked off its 2022 OPPO Developer Conference (ODC 2022) today, unveiling its Pantanal cross-platform smart system, OPPO Carlink solution for enhanced smartphone-car integration, and the OPPO Sense® health algorithm along with an RMB 2 billion plan to support developers and creators working with OPPO.

"We will live in a world where smart devices are everywhere. These smart devices should not be simply connected but integrated to serve users and help realize the future of the Internet of Experience," said Pete Lau, Senior Vice President and Chief Product Officer at OPPO. "As we continue to transform into a company with its technology ecosystem, we look forward to joining hands with global developers and partners to build an open, symbiotic, and thriving ecosystem for all."

OPPO's Pantanal cross-platform smart system provides fully open integration for everyone

During ODC 2022, OPPO introduced Pantanal — its first cross-platform system designed to break boundaries between different devices and systems to let them truly connect and collaborate. With cross-device sensing and computing capabilities, Pantanal can better understand and anticipate users' needs and provide services at the right time in the right way.

As a cross-platform system, Pantanal will make it easier for developers to develop and deploy services across multiple platforms, lowering cost while increasing efficiency.

OPPO Carlink solution provides integration for smartphones and automobiles

With more and more people relying on their smart devices for in-car services and entertainment, OPPO has developed OPPO Carlink to enhance collaboration and integration between smartphones and automobiles. OPPO Carlink provides a new model for smartphone and car companies to work together. Users can access a smartphone's computing power and app ecosystem without changing existing in-vehicle infotainment systems, while smartphones can provide services through the car via software pushes.

At ODC 2022, OPPO announced a partnership with SAIC Motor to work together on integrating smart devices and automobiles. This follows OPPO's agreement with Tesla China earlier this year to use OPPO smartphones as digital keys for the Tesla Model 3 and Model Y in China.

Joint R&D leads to seamless, intelligent IoT experiences

OPPO has continued to expand its hardware portfolio as it builds up a rich ecosystem around its products and services. OPPO has introduced its broader portfolio of IoT products to over 50 countries and regions worldwide, achieving over 120% growth across all categories over the past three years.

Empowering global developers to build an open and integrated ecosystem

More than 300,000 developers and 700,000 creators have joined with OPPO to distribute their products and services to users across multiple platforms. The OPPO Open Platform supports developers in areas such as app services, graphics processing, and interconnectivity. OPPO also announced that it will allocate RMB 2 billion worth of resources towards its Gravity Plan in 2023 to support developers in building an ecosystem together.

Improving quality of life through preventive health

With advances in sensor technology, algorithms, and data science, OPPO is working to improve the health of its users through preventive health approaches. At ODC 2022, OPPO announced the debut of its self-developed OPPO Sense® algorithm, which features breakthroughs in cardiovascular health, fitness, and sleep tracking. OPPO will also further its collaboration with global partners to improve connectivity between IoT products and develop health management apps, hardware, and services designed to help detect the onset of certain chronic diseases.

During the event, OPPO also shared updates from its first OPPO Research Institute Innovation Accelerator, which recently ended on August 29. The program was launched earlier this year to empower technology professionals and entrepreneurs to bring their innovative solutions to life and create a better future together with OPPO. Among 536 submissions from 39 countries and regions, ten winning proposals were selected, with each proposal exploring innovative solutions to challenges in Accessible Technology and Digital Health. In addition to receiving $46,000 in grants, the ten winners will receive support from OPPO and its partners to help them further develop and implement their ideas.

Guided by its brand mission of "Technology for Mankind, Kindness for the World" OPPO continues to work towards building an open platform that facilitates collaboration with developers and other partners. By joining forces with more developers and partners, OPPO will continue to enrich and expand its ecosystem, bringing seamless connectivity and smart experiences to more users worldwide.

OPPO Breakthrough Inspiration Award

OPPO Breakthrough Inspiration Award

Congratulations to Carlos Alcaraz, who wins the OPPO Breakthrough Inspiration Award at Wimbledon 2022. Recognising the inspirational efforts of this year's rising stars, previous winners include sporting elites Emma Raducanu and Coco Gauff. As this year's Wimbledon has drawn to a close, The All England Lawn Tennis Club and OPPO (Wimbledon's Global Partner for the fourth consecutive year) recognise the sporting excellence on show during the fortnight. Looking at those that inspire, not just the next generation of tennis stars, but also the fans in the stands and at home, unveiled today is the winner of the OPPO Breakthrough Inspiration Award – Carlos Alcaraz.

Hailed as one of the most exciting young stars in tennis, the 19-year-old has won four ATP singles titles this year and is currently ranked at a career-high of No.6 in the world.

Tied to OPPO's new brand proposition, Inspiration Ahead, this year's award has rebranded to focus on recognising the herculean efforts of tennis players at the peak of their talents. Competing against the best of the best comes with struggle and adversity, and the award champions those who have persevered and excelled with a positive outlook.

"Inspiration Ahead means showing confidence and poise when we are moving forward. It encourages us to remain resolved and graceful as we brave the storm and break the stagnation. Participating in sporting events is fantastic for OPPO to convey the mutually inspirational spirit and communicate OPPO's technology innovation experience with our global users." announced William Liu, OPPO's Vice President and President of Global Marketing.

The finalists, chosen by a panel of Wimbledon's broadcast correspondents, were selected from this year's competing tennis stars at The Championships. In the running to be crowned the winner of the OPPO Breakthrough Inspiration Award for 2022 were eventual winner Carlos Alcaraz, along with Jannik Sinner, Tatjana Maria and Harmony Tan. Fans around the world had the power to vote for the tennis player that inspired them the most throughout the competition, with the vote concluding on 8 July.

Breaking new ground and inspiring people worldwide is a key ethos at OPPO. The OPPO Breakthrough Inspiration Award exemplifies this ethos by acknowledging the tennis stars that live and breathe those values. Inspiring future tennis stars is key to continuing the eclectic 100-year legacy of Wimbledon's Centre Court, marking it as one of the greatest sporting tournaments in the world.

OPPO is a leading global smart device brand. Since the launch of its first mobile phone - "Smiley Face" - in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find X and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 60 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world.

The Championships, Wimbledon, is the oldest of the four tennis Grand Slams and the only one played on grass. Managed by The All England Lawn Tennis Club and staged on the Club's Grounds, Wimbledon has evolved from its origins as a private members' croquet club in 1868, to one of the world's biggest annual sporting events and one of the most well-respected brands in sport.