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CGTN: Xi urges Jiangsu to take lead in advancing Chinese modernization

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BEIJING, July 9, 2023 /PRNewswire/ — President Xi Jinping has called on east China’s Jiangsu Province to take the lead and set an example in advancing Chinese modernization.

Xi, general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, made the remarks during an inspection trip in Jiangsu from Wednesday to Friday.

Lauding the strengths of Jiangsu’s solid industrial foundation, rich scientific and educational resources, sound business environment and huge market size, he urged the province to continue to play an exemplary role in promoting reform, innovation and high-quality development, as well as in contributing to China’s efforts to foster a new pattern of development.

During the trip, Xi visited the cities of Suzhou and Nanjing, and went to places including an industrial park, enterprises, a historic and cultural block, and a science lab. On Friday morning, Xi also heard a work report from the provincial Party committee and the government of Jiangsu.

Modernization of sci-tech

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Xi told officials that the key to Chinese modernization lies in the modernization of science and technology.

Efforts should be made to reinforce the principal role of enterprises in innovation, encourage the flow of innovation resources to enterprises, and promote the industrial application of scientific and technological advances, Xi added.

He also called for establishing a basic system to support comprehensive innovation and increasing sci-tech investment through diverse channels and strengthening the legal protection of intellectual property rights.

During his inspection, Xi reiterated the importance of advancing the development of science and technology.

Visiting the Suzhou Industrial Park, Xi emphasized the crucial role of hi-tech parks in achieving self-reliance and self-strengthening in science and technology. He called for deeper integrated development of enterprises, universities, and research institutes, with enterprises taking the lead.

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The Chinese president highlighted the importance of fostering new industries and accelerating industrial upgrades by leveraging new technologies. Additionally, he emphasized expanding international cooperation to build world-class high-tech parks that are open and driven by innovation.

When inspecting a 6G comprehensive lab of Purple Mountain Laboratories in Nanjing, capital city of Jiangsu on Thursday afternoon, Xi said that with the rapid advancement of information technology, disruptive technologies can emerge at any moment. He stressed pursuing a pragmatic path of innovation.

He also encouraged young researchers at the Nanjing’s NARI Group Corporation, to make breakthroughs in cutting-edge technologies, thus leading a fulfilling life.

Building a modern Chinese civilization

Building a modern Chinese civilization is essential to advancing Chinese modernization, Xi noted during his meeting with party and governmental officials. He urged Jiangsu to step up the promotion of sectors including science and technology, education and culture.

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On Thursday morning, Xi strolled through the Pingjiang Historic and Cultural Block, a site with a rich history spanning over 2,500 years.

He noted that the fine traditional Chinese culture embodies qualities such as resilience, patience, and perseverance, which have become an integral part of the Chinese national spirit.

Xi said that Suzhou has excelled in blending tradition with modernity, simultaneously promoting historical and cultural inheritance and boosting high-tech innovation and high-quality development.

This approach epitomizes the future of development, he added.

Ensuring people’s livelihoods

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Xi also demanded accelerated efforts to establish a well-rounded social security system, improve employment promotion mechanisms and public services to boost employment.

He called for better ensuring the employment of key groups.

On workplace safety, Xi said safety overhauls must be carried forward to curb serious and major accidents.

Xi called for vigilance against flooding disasters as China is about to enter a key period for flood control. He also noted the increased risks of forest fires in some regions.

Various emergency preparations must be made to reduce all sorts of losses to the minimum, Xi added.

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Blockchain Press Releases

Trading With Confidence: Bybit Offers Zero-Loss Coverage and Educational Rewards

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DUBAI, UAE, May 23, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has renewed its offers for trading beginners in a bundle of first-trade coverage and rewards this summer. The five-track Fearless Futures initiative has something to offer in every stage of crypto trading—from research to futures trading.

Modeled after fitness coaching, Fearless Futures is a supportive package for fresh traders and learners starting their crypto trading journey. The comprehensive loss protection and rewards program offers derisking opportunities for first-time traders in sync with the market-wide rally, with BTC pushing above 100K and ETH regaining investor favor. Sophisticated product suites and knowledge sharing are becoming increasingly accessible to everyday traders, and Bybit continues to support the crypto community with professional-grade tools and flawless execution with millisecond precision. 

From now until June 30 or until prize pools are fully unlocked, eligible Bybit users will enjoy exclusive protection and rewards as they advance their trading levels:

  1. A Zero-Risk Introduction to Futures Trading: Eligible user’s first Futures trade will be covered up to 50 USDT at Bybit should a loss occur. Vouchers are available for first-time Futures traders on Bybit until June 30, 2025. 
  2. Carefree Copy Trading: New followers of Master Traders may claim up to 100 USDT in loss protection for Copy Trading. This welcome offer not only takes away the pressure of strategizing, but also reduces volatility risks. Copy Trading Vouchers can be used as margin and are up for grabs until December 30, 2025.
  3. Gold & FX Copy Trading: Another Copy Trading product tailored for Gold and FX matched the limited-time offer for first-time traders until June 30, 2025.
  4. It Pays to Learn: Before diving into trading, beginners may explore Bybit’s Read-to-Earn initiative and get the basics down while dividing up a 18,000 USDT prize pool.
  5. Bonus Community Challenge: Signing up for the Bybit Learn Community will qualify eligible users for the Community Futures Challenge. The gamified experience incentivizes knowledge sharing and community engagement with a 2,500 USDT weekly prize pool, to be shared by top contributors in the leaderboard.

The campaign benefits Bybit users at a strategic juncture when the crypto market continues its upward trajectory. Supporting the broader crypto community since 2018, Bybit aspires to help its users navigate volatility responsibly, become better traders, and be part of their progress.

Registration and task fulfilments are required, and terms and conditions apply. For details, users may visit: Fearless Futures | Trade with Confidence, Not Consequence.

#Bybit / #TheCryptoArk

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About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

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Blockchain Press Releases

Leptage Debuts at TOKEN2049 Dubai: Showcasing Innovations in Web3 Infrastructure

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WARSAW, Poland, May 23, 2025 /PRNewswire/ — Leptage, a modern fintech platform catering to global ambition, recently made its significant debut at TOKEN2049 Dubai, one of the most anticipated global crypto events in the Web3 ecosystem. Through its active participation at the event, Leptage captivated both attendees and industry leaders, marking an important step in expanding its presence within the global crypto community.

Hosted at the prestigious Madinat Jumeirah from April 30 to May 1, TOKEN2049 Dubai attracted over 15,000 participants from more than 160 countries, including industry pioneers, innovators, regulators, developers, and institutional investors. Leptage’s involvement went beyond sponsorship, reflecting the company’s ongoing commitment to advancing industry knowledge, fostering regional growth, and supporting community empowerment. TOKEN2049 served as a valuable platform for exchanging insights and driving innovation, echoing the vision that Leptage continues to champion.

At TOKEN2049, Leptage introduced key updates to its core infrastructure products, reflecting its continued innovation in shaping the future of crypto transactions and blockchain technology. The enhanced Ramping service enables real-time fiat-to-crypto conversions across more than 180 countries, while Treasury delivers more agile and secure management of stablecoins and digital assets. CardLink, a cutting-edge crypto wallet management infrastructure that provides seamless and secure integration for crypto card services. These updates demonstrate Leptage’s commitment to providing seamless, compliant, and scalable pathways that bridge Web2 and Web3.

Leptage’s participation at TOKEN2049 Dubai marked a pivotal step in its global journey. Leptage continues to bridge Web2 and Web3 with cutting-edge solutions that drive real-world adoption. Looking ahead, Leptage remains focused on advancing blockchain technology and shaping the next wave of Web3 innovation.

About Leptage

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Leptage is a modern fintech platform catering to global ambition.

Regulated in Poland, our headquarters is situated in Warsaw. We have expanded our operations to include strategic teams in Hong Kong, the United Kingdom, and Singapore. Our international footprint is a testament to our commitment to serving clients worldwide.

At Leptage, we pride ourselves on providing fully compliant, cutting-edge solutions that harmoniously integrate advanced technology with a user-centric design. We aim to build a more secure, efficient, and seamless financial landscape by breaking down barriers and bridging gaps for boundless businesses.

www.leptage.com

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Blockchain Press Releases

Compass Mining Partners with Synota’s “Impact Mining” Initiative to Transform Bitcoin Hashrate into Community Impact

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Initial donation supports a hospital and village in Nigeria, with plans for further expansion

WILMINGTON, Del., May 23, 2025 /PRNewswire/ — Compass Mining, a leading provider of Bitcoin mining infrastructure and services, proudly announces its role as the inaugural donor to Synota’s Impact Mining initiative. Through this groundbreaking partnership, Compass is turning Bitcoin’s computing power, or “hashrate”, into a humanitarian resource: affordable, reliable energy for underserved communities.

Through this collaboration with Synota, Compass Mining aims to demonstrate another way the Bitcoin mining industry can contribute directly to energy access, healthcare, and education in underserved communities without leaving the data center.

“This is hashrate with heart,” said Paul Gosker, CEO of Compass Mining. “We’re proud to show our customers and the broader industry how Bitcoin mining can improve lives, not just balance sheets.”

Under the Impact Mining initiative, Compass Mining has directed some of the output of its mining machines to a Bitcoin mining pool configuration provided by Synota and managed on behalf of Renewvia Solar Africa, an operator of clean energy mini-grids in Africa. The revenue generated by this hashrate is used to offset electricity costs for critical infrastructure in Nigeria.

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  • At Oloibiri Hospital, Compass’s contribution is helping cover the monthly power bills. This allows the facility to redirect resources to patient care. Serving over 3,600 patients annually and having delivered over 34,000 babies since 2010, this hospital is now empowered to treat hundreds more.
  • In Ozuzu, a rural village connected to a solar mini-grid in 2021, 150 homes, businesses, and a school are now benefiting from a 20% reduction in power costs thanks to Impact Mining. Lower energy prices mean more lighting, more technology use, and ultimately more economic opportunity.

“Bitcoin mining has always been a driver of energy innovation,” said CJ Burnett, Chief Revenue Officer at Compass Mining. “Now it’s a driver of energy opportunity. A small portion of global hashrate is delivering outsized impact for real people.”

Compass Mining views this initiative as a proof-of-concept that mining can be more than profitable; it can be purposeful. Whether through direct machine allocation or partial hashrate donations, every block solved can help power a brighter world. Looking ahead, Synota plans to expand the Impact Mining initiative and Compass Mining intends to continue the partnership.

“We’re thrilled to have Compass Mining lead the way,” said Austin Mitchell, CEO and Co-founder of Synota. “They’ve shown that any miner, anywhere in the world, can take part in Impact Mining simply by redirecting a portion of their hashrate through a shared pool configuration. It’s a small step that can make a big difference. Donating hashrate also offers tax advantages, and we’re building the infrastructure to support that.”

To learn more about Impact Mining, visit synota.io/impact-mining.

About Compass Mining

Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit compassmining.io.

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