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Friday, April 26, 2024

Beating US in sci-tech

China is No.1 in technological innovation for the first time 

AS China takes a leading role in technological innovation around the world, its efforts to help Chinese enterprises protect their intellectual property rights overseas have increased, an official from the country’s top IP regulator said.

Shen Changyu, head of the China National Intellectual Property Administration, told a news conference on Wednesday that China had 24 “top 100 science and technology clusters” by the end of last year, ranking first in the world for the first time.

The ranking was issued by the World Intellectual Property Organization in its Global Innovation Index 2023.

According to the index, the top 100 science and technology clusters were concentrated in three regions last year – North America, Europe and Asia – and more specifically in two countries – China and the United States.

For the first time last year, China was the economy with the most clusters ranked among the top 100, overtaking the US’ 21 clusters, the same as in 2022, the index showed.

Shen said the achievement was due to the improvement in the quality and quantity of domestic innovation.

He said China authorised 921,000 invention patents last year, up 15.3% year-on-year.

Shen emphasised that IP rights are crucial for an enterprise’s international competitiveness, adding that the administration has taken effective measures to help domestic companies strengthen IP protection when going global.

For instance, the administration has set up a national response and guidance centre for overseas IP disputes with the China Council for the Promotion of International Trade, and has also established stations in countries and regions with intensive trade exchanges to provide professional and efficient IP services for domestic enterprises, he said.

The centre and stations served 1,706 companies last year, helping them recover economic losses of 6.89 billion yuan (RM4.46bil), he said.

“We’ve also continued boosting the collection and supply of overseas IP information, and used online platforms to regularly release IP legal rules and risk warning messages of major nations and regions to help our companies learn about the IP situation in a timely manner,” Shen added.

He said the training of lawyers who can tackle foreign-related IP cases will be increased, and more centres and stations will be built.

China also intensified a crackdown on counterfeits and endeavoured to protect copyrights last year.

Kuang Xu, an official from the State Administration for Market Regulation, said on Wednesday that 44,100 administrative cases related to violations of trademarks and patents were resolved last year.

Among those cases, 1,376 suspected of IP crimes were handed over to judicial authorities, he added.

More than 6.4 million copyrighted works were registered last year, up 42.3% year-on-year, and 4,745 cases of piracy or copyright infringement were resolved, said Tang Zhaozhi, from the copyright management bureau at the Publicity Department of the Communist Party of China Central Committee. — China Daily/ANN

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Overcapacity’ an excuse to target ‘Made-in-China’

 

The overarching US strategy of exaggerating the issue of China’s overcapacity … is aimed at checking China’s industrial development by resorting to a beggar-thy-neighbour policy. — China Daily

RECENTLY, some US and EU officials have said China’s overcapacity distorts global pricing and production patterns. Concur-rently, the Joe Biden administration is considering imposing high tariffs on Chinese steel and aluminum, potentially opening a new front in the ongoing trade conflicts in order to contain Beijing’s “Made in China” drive.

Overcapacity is an economic term that signifies a situation in which there is too much production capacity relative to current demand levels, and hence it should not be overly “pan-securitised”.

Capacity utilisation rates are crucial indicators of whether capacity is adequately leveraged, with a very high rate generally indicating a shortage and a low rate suggesting excess capacity or an irrational capacity structure.

According to the latest data from Trading Economics, the United States has a capacity utilisation rate of 78.3% while China’s stands at 75.9%.

Developed countries including the United States and European nations consider any rate between 79% and 83% an indicator of supply and demand. China’s rate is not significantly lower than the healthy range.

Moreover, China has eliminated outdated steel production capacity to a large extent, having reduced about 300 million tonnes of steel and one billion tonnes of coal capacities, including entirely eliminating 140 million tonnes of substandard steel capacity, over the past decade.

Western pressure on China’s industries and trade has intensified in recent years, with many Western countries restricting the export of semiconductors to China and curbing the import of Chinese-made new energy vehicles, while taking “reshoring” or “near-shoring” measures, further exacerbating global overcapacity and straining the global economic governance system.

This is not the first time the West is using “overcapacity” as a pretext to suppress China’s manufacturing sector. In 2012, the European Commission initiated an anti-dumping investigation into Chinese photovoltaic products, initially planning to impose a 47.6% tariff on them. But in July 2013, China and the European Union “amicably” settled the photovoltaic trade dispute.

Unlike previous occasions, however, this round of scrutiny by the West is focused on China’s advanced manufacturing, particularly in clean energy sectors such as electric vehicles (EVs), photovoltaic panels and lithium batteries – areas in which there is intense Sino-US competition and China enjoys competitive advantages.

In recent years, spurred by the “New Washington Consensus”, the Joe Biden administration has increasingly used administrative and other non-market forces to ensure it has the upper hand in its competition with China in strategic future industries.

Government intervention

Also, the United States has been strengthening the industrial policy through government intervention, which, in essence, is strategic protectionism.

As many as 49 industries including automobile, aerospace, defence, electrical equipment, information and communications technology, and renewable energy in the United States get huge government subsidies.

Also, while strengthening itself, the United States has also increased efforts to weaken others. In recent years, under the guise of combating climate change and promoting low-carbon development, the United States has enacted the Inflation Reduction Act, which imposes discriminatory subsidy policies on products from World Trade Organisation (WTO) member states, specifically EVs from China.

These measures distort fair competition and will disrupt the global supply chains, as well as violate WTO rules of national treatment and most-favoured-nation status.

With the US presidential election still seven months away, the “overcapacity” issue is likely to be exploited by US politicians on the campaign trail, and the United States could intensify its rhetoric on China’s overcapacity, possibly imposing tariffs on Chinese exports including EVs, power batteries and photovoltaic panels.

It could also ramp up anti-subsidy and anti-dumping investigations, and impose green or labour standards barriers to limit Chinese exports. Alternatively, it may continue to forge alliances based on different issues to contain China.

The overarching US strategy of exaggerating the issue of China’s overcapacity is not aimed at striking a balance between global supply and demand; instead, it is aimed at checking China’s industrial development by resorting to a beggar-thy-neighbour policy.

The narrative of overcapacity is crafted by the United States to curb China’s industrial upgrading, safeguard certain Western countries’ vested interests in the global industry and supply chains, promote the reshoring of supply chains to the United States, bolster the US’ manufacturing competitiveness, contain China’s technological progress and prevent it from achieving breakthroughs in advanced manufacturing and strategic industries. — China Daily/ANN

Zhang Monan is deputy director of the Institute of American and European Studies at the China Centre for International Economic Exchanges. The views expressed are the writer’s own.

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Yellen's hope for China to reduce production capacity of EVs and solar panels shows a typical American


China firmly opposes 'overcapacity' hype as speculation is unjustified: Chinese FM


Faced with the common challenge of climate change, promoting energy transition should uphold an open and cooperative attitude, rather than getting bogged down in futile trade disputes and blame games, otherwise it will only hinder the pace of global energy transition.


Wednesday, April 24, 2024

Privacy-centric advertising practices

 

3 Pillars Of Privacy-Centric Marketing: Steps You Need To Take Now


Tuesday, April 23, 2024

Fund-of-Funds to fuel local firms

Fund RM1BIL set aside to invest in innovative highi-growth start-ups, says PM 



KUALA LUMPUR: A sum of RM1bil for the “National Fund-of-Funds” will be set up to invest in innovative high-growth Malaysian companies, says Datuk Seri Anwar Ibrahim.

“I am pleased to share that Khazanah Nasional Bhd will launch a ‘National Fund-of-Funds’ with an initial RM1bil allocation,” the Prime Minister said when delivering his keynote address at the launch of the inaugural KL20 Summit here yesterday.

He said the setting up of the fund represented the government’s continued commitment to assisting local companies such as those run by bumiputra entrepreneurs, as well as startups and small and medium enterprises (SMEs), in line with Budget 2024 allocations.

ALSO READ: Policy advisory panel to focus on growth and economy

He said the government acknowledged the growing importance of startups in driving technological advancements in the country.

As such, he said the KL20 Summit provided an ideal launchpad for innovative ideas.

“KL20 does not simply represent a single-event summit but marks a clear break from the past, which is a comprehensive effort to catalyse the technology ecosystem,” he said

He added that KL20 would fit strategically into the central governing economic philosophy of the Madani Economic Framework, which is underscored by the principle that economic growth and compatible distribution are in harmony with market forces.

ALSO READ: Elevating the country to be a leading startup destination

“The government is also aiming to centralise investment agencies such as Malaysia Venture Capital Management Bhd (Mavcap) and Penjana Kapital under Khazanah Nasional,” he said.

Anwar also announced the signing of agreements involving 25 entities from various sectors of the startup ecosystem to help create cutting-edge technology ventures in Malaysia.

Among them was the Asean Investment Initiative between Khazanah Nasional, Kumpulan Wang Persaraan (KWAP) and Blue Chip Venture Capital that will invest RM3bil in the South-East Asian and Malaysian ecosystems.

ALSO READ: KL20 Summit 2024 to attract high-quality investments - PM

He also said that 12 international venture capital firms would be setting up offices in Kuala Lumpur, which will help Malaysian startups be discovered and nurtured to be globally successful.

On semiconductors, he said the nation’s substantial hold on the backend had made it conducive to pursue high-value front-end work, primarily in the integrated circuit (IC) design category.

“I am pleased to announce the largest IC Design Park in South-East Asia, which will house world-class anchor tenants and collaborate with global companies such as Arm.

“This is done with the backing of the Selangor Information Technology and Digital Economy Corporation (Sidec), with the Selangor state government, and this is proof that momentum is already being built on the ground,” he said.

ALSO READ: Making the Malaysian startup pitch

He added that the country was positioning itself as one of the leaders in semiconductors, clean energy, agritech and Islamic fintech.

To make Malaysia a true gateway to major economies, Anwar said a city-to-city connection between Kuala Lumpur and Hangzhou would be established so that capital, talent and market access would no longer be a barrier.

Earlier in his speech, Economy Minister Rafizi Ramli said the goal of the KL20 Action Plan was to bring the top 20 startups in the world into the country.

This, he said, would be done through the immediate introduction of several measures.

He said the move was aimed at accelerating the critical areas of a startup ecosystem here.

“The ambition is for Malaysia to be the choice destination for early-stage and growth capital and to be the centre for world-class entrepreneurs and skilled talent,” said Rafizi.

He added that it was also the goal for the nation to be the home for leading startups in the world.

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Policy advisory panel to focus on growth and economy

Elevating the country to be a leading startup destination

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Making the Malaysian startup pitch

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Timely focus on startups

Sunday, April 21, 2024

A cobbler with a big heart: Give, you shall receive

 Heart of gold: Bohari, who plies his trade at Eastmoore Commercial Centre, is always ready to lend a helping hand to those in need. — ZULAZHAR SHEBLEE/The Star

Aw: He didn’t hesitate to help us even though we were strangers

KUCHING: Seven years ago, cobbler Bohari Ariffin lent a helping hand to Aw Joo Lee and her wheelchair-bound mother even though they were strangers to him.

Last month, Bohari and Aw reconnected in a touching encounter that subsequently brought well-deserved attention to the cobbler’s kindness.

That day in 2017, Bohari was mending shoes at his usual spot at the five-foot way of Eastmoore Commercial Centre here when he saw Aw with her mother, who was an amputee.

“They wanted to go up the stairs, but her mother was unable to do so. I felt sorry for them, so I approached them and helped to carry her mother up the stairs.

“I did not think of anything, I just carried her up and then carried her back down again, that was all,” Bohari told The Star when met at Eastmoore.

What motivated Bohari to help Aw and her mother was his spirit of humanity.

“Our humanity causes us to sympathise with others. We are all fellow human beings.

“Whatever religion or race we may be, we can help others because it’s for the good of everyone. I didn’t expect anything in return, I just sincerely wanted to help them,” he said.

For Aw, Bohari’s kindness was particularly meaningful as it came at a difficult time for her family.

“At that time, I was there with my mum and my father, who were both in their 80s. I was the only able-bodied person bringing my parents to meet somebody urgently.

“When we got to the building, I was very frustrated because there was a steep flight of stairs and no lift,” she recalled.

“Suddenly this man came up to me. He didn’t say much, but I understood immediately that he was going to help.

“My mum had only one leg, she wasn’t a small woman and she was quite heavy. But Bohari just lifted her and took her up the stairs while I carried the wheelchair.

“When we came down, I said thank you, but we were all pretty distracted by our family issues and left quickly.”

Aw, who is from Kuching but has been living in Singapore for many years, never forgot Bohari and would think about him every time she came back to visit relatives.

On her last trip here at the end of March, he was still on her mind and a friend encouraged her to try looking for him.

“When someone, especially a stranger, helps you at a difficult time in your life, you can never forget.

“It really leaves an indelible mark in your heart.

“Even though I had said thank you, I wanted to know more about that kind stranger and thank him properly,” Aw said.

So she went to Eastmoore and was very happy to find Bohari still there. And Bohari also remembered helping her mother.

“I was really emotional when I saw him again and tears sprang to my eyes.

“When I asked why he had helped us, he said ‘Kita orang sama manusia’ (We are all fellow humans).

“Bohari is really the hero we all need in our lives,” Aw said.

She subsequently wrote about Bohari’s kindness on the Sarawak Public Feedback Facebook page and encouraged people to seek his services.

“I wanted to help him in his business as well, so that’s why I decided to write a simple post about him.

“Being a cobbler is not an easy job, yet for such a humble profession he has a big heart.

“I hope that after this he will be blessed in many other ways and have more supporters,” she said.

Bohari was also moved by his recent meeting with Aw and the Facebook post she wrote.

“When she came to meet me, I shed a few tears myself. She remembered my small good deed, but I would like to thank her too because she thought about it even though it happened so long ago, and she was willing to look for me,” he said.

With the Facebook post, Bohari hoped that Malaysians would become more aware about helping others.

“I hope everyone will show sympathy to others in need. Don’t think that you are better than other people but help where you can,” he said, adding that he had also helped other people who came his way.

“It doesn’t matter who they are. I may not have much, but I will help anyone in need even if they don’t ask.”

Heartwarming tales such as this are promoted and encouraged by the “Maaf Zahir Batin Hari Hari” campaign (#MZB365), which was launched on April 6. The campaign stands strong with support from major media organisations and civil society organisations (CSOs).

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Giving is receiving

It takes a village: The generous act of Ladang Bikam villagers, who recently helped some Hari Raya revellers to beat the balik kampung jam with a shortcut through the plantation (below), touched the hearts of social media users. — Sinar Harian

FEW stories warm the heart quite like our plural society coming together for the greater good.

Usually, these acts of kindness go unnoticed and unreported because they’re expected. But truth be told, we know this is a commodity.

And as with true generosity, these good folks don’t do it for publicity.

It was a week ago when the media reported on a group of Chinese villagers answering the call of travellers using back roads to avoid the nationwide snarl following the end of the Hari Raya holidays.

Commuter Zairul Annuar Zain, relying on Google Maps, thought his smartphone would solve his problem by getting off the highway while heading south. Unfortunately, he found himself on an isolated path in Ladang Bikam, Perak, instead.

Several cars explored the same off-the-beaten-track route, but the journey soon became bumpier because of the bad, hilly road conditions.

Enter a group of 15 Chinese men who approached the stranded vehicles and told the passengers to wait while they set to work.

Armed with a backhoe to excavate and level the road, they managed to ensure the path was flat enough for the vehicles to pass through within 15 minutes.

— Video Screengrab from Zairul Annuar’s FB

“They could have chosen to sleep. Instead, they were willing to take the trouble to help us continue our journey there that night,” said Zairul, who recorded a video of the helpful villagers.

We’re indebted to Zairul for sharing the incident – which went viral – on his Facebook. It’s perfect timing because the nation desperately needs an endearing story, and in the month of Syawal with the nation still celebrating Hari Raya, no less.

Then, there was another wonderful video of a young Chinese man embracing his adopted Malay mother on Hari Raya.

Despite looking very different from the rest of the brood, and knowing he was adopted, the emotional man expressed his gratitude to his mum for raising him and treating him like she did his siblings.

In the last month, Malaysia has been gripped by disconcerting reports, a situation exacerbated by agitating and provoking politicians and netizens. Their insensitive comments on social media have certainly broken our hearts.

That said, there are many unsung heroes in Malaysia, too. These are the people who dedicate their lives to helping their countrymen without deliberating one’s skin colour or religion, and they ask for nothing in return.

Star Media Group and Gamuda Bhd have worked together for nearly 10 years to recognise and reward the kindness with the Star Golden Hearts Award. Our task gets harder with greater competition and nominees becoming more impressive every year. The nominations are submitted to the judges and as chief judge, Tan Sri Lee Lam Thye, says Malaysia is never short of unsung heroes.

Like when insurance agent Abdul Muhsi Ramlan saw teenager Teh Rui Yuan lying motionless next to his motorbike after an accident and instinctively stopped to help.

He acted fast and asked onlookers to help him load the 17-year-old boy into his car before rushing to the hospital. There, he admitted the boy and even extended himself by trying to get in touch with the teenager’s parents through social media.

Teh eventually recovered and visited Abdul Muhsi with his family after that year’s Hari Raya with a hamper in hand, not only to register their gratitude but mark the festive occasion as well.

“When I saw his face, I just wanted to save him,” said Abdul Muhsi when recalling the accident, revealing that they are still in touch to this day.



Of course, there’s also the heart melting story of one of 2016’s Star Golden Hearts Award winner Mohd Yusuf Rohani caring for diabetic friend R. Doraisamy for four decades.

They are neither related nor from the same cultural background, but none of that matters to them.

The pair met in Ladang Selabak, Perak, when Mohd Yusuf was a Standard Three student and Doraisamy a 28-year-old odd job worker with failing eyesight. Although 19 years separate them, a friendship was forged in which Mohd Yusuf has dedicated himself to helping his friend after learning of his health issues.

Over the years, Doraisamy not only lost his sight, but the lower half of both limbs, too, due to his illness.

“It may be difficult, but I don’t see it as a burden at all because he can’t see, and he has no legs. Who would take care of him if I’m not around to do it?” argues Mohd Yusuf.

His care of Doraisamy runs the gamut of financial aid to cleaning the older friend after his bathroom runs. They may both struggle to make ends meet, but hardship has fused them together for life. From his primary school days through to his marriage and birth of six daughters, Mohd Yusuf has remained resolute in helping his friend, who lives with his younger sister and her husband.

Friendships like these may seem strange, but compassion and kindness cut across all boundaries. After all, it’s the giving that makes us what we are.

Having been involved in the selection process for Golden Hearts before, I can vouch that most Malaysians are compassionate.

From a Chinese-speaking Malay fireman who used his linguistic skills to coax a woman from jumping off her flat, to nurses, doctors and helpers who risked their lives to care for Malaysians during the Covid-19 pandemic, there are many such stories.

There are also groups of youngsters who sacrifice their Saturday nights to distribute food to the homeless in Kuala Lumpur. No one is ignored and no questions are asked either.

As Lee said, the fact that they have been nominated by so many Malaysians vividly attests to the recognition of their good work.

Then, there are caregivers who voluntarily work to help the elderly and disabled, too.

These are tedious jobs which require immeasurable patience and dedication, and again, these volunteers have never asked for coverage to bask in social media glory.

Some are mere individuals while others belong to non-governmental organisations with greater manpower, but the bottom line is, they’ve positively impacted all of us in Malaysia through their commitment.

Let’s be honest, many of us have grown tired and weary, and even given up on our country, going as far as to encourage overseas based friends and family to remain there for a brighter future.

However, the stories above serve to remind us that Malaysia is truly unified, barring egotistical and selfish politicians whose vocabulary barely extends beyond the word boycott.

In truth, it’s us who should turn away from them. Although race and religion routinely take the rap, the world is ultimately divided into good and bad people.

The “Maaf Zahir Batin Hari Hari” campaign (#MZB365), launched on April 6, is also promoting heartwarming tales of unity in Malaysia. The campaign stands strong with support from major media corporations and civil society organisations. Check out the stories on TheStar.com.my.

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