Day: April 15, 2022

GUANGHZOU, China, April 15, 2022 /PRNewswire/ — The 131^st Canton Fair formally raises its curtain to the public on April 15, 2022. Chinese home appliance manufacturer Changhong has established a presence at the exhibition with its full series of products, including a lineup of environmentally responsible, 5G-enabled home appliances as well as the M8-series TV, the Eva model air conditioner, and the Space Pro refrigerator and washing machine.

Visit Changhong Online Exhibition Hall: https://www.cantonfair.org.cn/en-US/shops/451692550933632?keyword=&_t=T8x&_t=7jl#/

Changhong will host several new product launches and live streaming events, in addition to displaying its product lineups in several VR exhibition halls and virtual exhibition venues, enabling interested buyers to get a full and detailed run-down on each product and on the product’s features. Being an online event, all exhibits and exhibitors will be available 24 hours per day. Buyers can view products, engage in negotiations and order products at any time from any time zone, removing time and geographical restrictions.

Changhong has utilized its understanding of the Internet of Things (IoT), big data, and 5G to product R&D and production to produce trend-setting products that improve the user experience, such as the M8-series smart TV, the first-of-its-kind air conditioner Eva model that can respond to voice commands in multiple languages without needing to be connected to an online device, and the Space Pro refrigerator and washing machine, both of which are equipped with the world’s leading ultra-thin technologies.

Despite the various uncertainties worldwide, Changhong’s business outside its home market of China remains resilient. In 2021, the manufacturer’s overseas business broke all previous records, with ex-China home appliance sales revenue climbing by more than 10% year-over-year, while sales of CHiQ branded products jumped some 20%.

Changhong has further optimized both its online and offline sales channels and is accelerating the establishment of additional channels in overseas markets as well as creating product portfolios customized to the audience demographic on leading e-commerce platforms worldwide.

As of the end of 2021, Changhong’s CHiQ, with richer and more competitive product lineups, is now featured on over 20 countries/regions and 40 e-commerce platforms. Its e-commerce business recorded a year-on-year increase of more than 40% in sales revenue. CHiQ-branded TVs and refrigerators have been leaders among the best-selling products on Amazon’s European platform, as well as on the platforms of Southeast Asia-based Shopee and Lazada.

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BAODING, China, April 15, 2022 /PRNewswire/ — On March 29, GWM officially released the 2021 Annual Report, highlighting that the recent investment on research and development reached CNY 9.07 billion, marking another major R&D investment milestone of the company.

Compared with 2020, GWM’s investment in research and development has increased by 76.05% year-on-year, accounting for 6.65% of operating revenue.

Lv Wenbin, General Manager of Technology of GWM HAVAL, said that facing competition in the global market, GWM has always insisted on the concept of “excessive investment and precise R&D” to fulfill the diversified personalized needs of global users.

Over the past years, GWM has continued to carry out precise investments in both new energy and intelligent sectors and keep launching various advanced technologies to the markets.

In the new energy sector, GWM officially unveiled the L.E.M.O.N. DHT. As a highly integrated and high-efficient hybrid system, this technology is compatible with and can be equipped in both HEV and PHEV power architectures. Among them, the overall powertrain efficiency of models equipped with HEV power architectures can be improved by more than 50%. In the on-site testing, the fuel-saving rate of these models can achieve 35% to 50% compared to other fuel models.

Take HAVAL JOLION HEV as an example. Supported by the L.E.M.O.N. DHT, its fuel consumption can be automatically adjusted to maximize fuel efficiency in different driving modes such as standard, sports and ECO. This function can meet users’ needs in various scenarios, including urban roads, express ways and other driving conditions.

In the intelligence sector, GWM launched Coffee Intelligence 2.0 and grandly unveiled a new electronic and electrical architecture and intelligent drive-by-wire chassis last year. Based on all these technological improvements, the development of Coffee Intelligence 2.0 also focuses on upgrading the intelligent driving technology and developed the NOH (Navigation On HIPilot) intelligence-assisted driving navigation system.

When the system turns on, the vehicle can automatically assist the driver in lane changing, overtaking and other actions in the driving process. It can also monitor whether the driver is fatigued, unable to concentrate or in other conditions, reflecting the user-oriented design of the system.

Science and technology make it possible for more users to enjoy a more comfortable driving experience. On the 8th Technology Festival held by the company, GWM announced that it would continue to expand the global research and development staff to 30,000 and the total investment in the next five years would reach CNY 100 billion.

In addition to the research and development sector, GWM is also actively building a low-carbon auto industrial chain connecting the whole world. It has proposed to build its first zero-carbon factory by 2023 to provide a more intelligent, safer and more environmentally friendly driving experience for global users.

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GUANGZHOU, China, April 15, 2022 /PRNewswire/ — The China Import and Export Fair (Canton Fair), themed “Connecting Domestic and International Dual Circulations,” opens its 131^st session online today. This year’s Canton Fair has received a record-high amount of products of more than 2.9 million, including more than 900,000 new products and 480,000 green and low-carbon exhibits.

Xu Bing, Spokesperson of Canton Fair and Deputy Director General of China Foreign Trade Centre, noted that the hosting of the 131^st Canton Fair reflects the ongoing effort and confidence of China to continue its opening-up and international cooperation, and contributes to supporting the stability of industrial and supply chains, as well as to international trade cooperation and world economic recovery.

The ten-day event will gather around 25,500 exhibitors from home and abroad to participate in 50 exhibition areas across 16 categories free of charge, including 402 international businesses from 32 countries and regions to join the International Pavilion.

The 131^st Canton Fair focuses on improving the buyer experience from every perspective through targeted measures. The Fair has updated its official website system to optimize configuration of global network acceleration in order to improve the speed of cross-border access and search accuracy. The Fair has also upgraded exhibitors and exhibits, adding tags for specialized, high-tech or time-honored Chinese brands and green or intelligent products for easy recognition.

Buyers will have access to business opportunities through a range of events. More than 100 launch events will introduce new products, technologies, brands and services that represents the latest innovation from Chinese manufacturers. Buyers can also join ten themed online sharing forums on trending topics such as dual circulation, RCEP, and “dual carbon” to help companies further understand market insights. Along with the upgrading of Canton Fair’s flagship award, Canton Fair Design Awards, visitors will have the opportunity to customize their buying experience.

In addition, the Fair, through 170 cooperating global partners, including 14 new partnerships with industrial and commercial institutions from Belt and Road Initiative (BRI) and RCEP member countries such as Vietnam, Laos, Kuwait and Iraq, has launched a serious of matchmaking and promotional events by sector.

Please register https://www.cantonfair.org.cn/en-US/register/index#/foreign-email for more business opportunities.

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