Daily Archives: October 20, 2019

Young, Lively Workforce Key to Innovation, says Ctrip Chairman James Liang

Ctrip Chairman James Liang (pictured) speaks at the 6th World Internet Conference in Wuzhen.

WUZHEN, China, Oct. 20, 2019 (GLOBE NEWSWIRE) — James Liang, Co-Founder and Executive Chairman of Ctrip Group, today attended the 6th World Internet Conference in Wuzhen, where he stressed the importance of maintaining a young, skilled and entrepreneurial talent pool into the future. For China, he says, the future of innovative capacity depends largely on the ability of policymakers to ensure that the country’s workforce maintains its vitality, or risk losing its competitive edge.

Liang, an accomplished Internet business leader and renowned demographer, has spoken at length on the relationship between talent retention and innovative capacity of national economies. “In order for a country to maintain its innovative capacity, public policies should be designed to ensure the quality, vitality, and size of its workforce into the future,” said Liang.

With a view to Liang’s own business background, the Internet industry in China has experienced decades of sustained unprecedented growth. Set to outpace the United States over the next few decades, the country’s rise to technological innovation powerhouse has been, according to Liang, in large part due to the sheer scale of both its talent pool and consumer base. “China produces more college and PhD graduates annually than the United States,” he said. “It also has a massive online population of 900 million Internet users, making the country fertile ground for Internet innovation.”

There is still a way to go, however, says Liang. Chinese innovators are quickly emerging as competitors to renowned US makers, but in many cases, are yet to establish a reputation internationally. “This is completely normal,” said Liang. “Scale will see Chinese firms continuing to drive innovation, and with time, their value will be recognized internationally.”

It’s not all cut-and-dried, though. China’s scale and relatively young workforce has played an important role in driving entrepreneurship in the country to date, but without intervention, the country faces the real possibility of losing its competitive edge. The solution, says Liang, is for the government to view a large population as a resource rather than a liability.

“It’s a fact that inventors and scientists are most productive in their 30s, and most entrepreneurs start firms at this age. In an aging society, young workers occupy lower positions in organizations, have fewer skills, and less access to financial resources,” he said. “Without intervention, China will have one of the oldest workforces in the world by 2040. China is now in an economically strong position to encourage fertility, and should do so, to ensure that entrepreneurship and innovation do not dwindle over the coming decades.”

China is today home to one of the most vibrant Internet economies in the world, and with the right policies in place, will continue to enjoy growth and be an innovation powerhouse well into the future. In the long-run, though, the tech race will be won by the nation that identifies its strength in human resources and best utilizes it, says Liang. “The US attracts masses of highly skilled migrants, and India is set to become home to the largest population on Earth. If China fails to take measures to ensure its competitive edge, either of these countries could conceivably take over,” he said. “It all comes down to the talent pool, and who manages it with respect to their own competitive advantage to best encourage innovation.”

About Ctrip.com International, Ltd.
Ctrip.com International, Ltd. is a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China. It is the largest online consolidator of accommodations and transportation tickets in China in terms of transaction volume. Ctrip enables business and leisure travelers to make informed and cost-effective bookings by aggregating comprehensive travel related information and offering its services through an advanced transaction and service platform consisting of its mobile apps, Internet websites and centralized, toll-free, 24-hour customer service center. Ctrip also helps customers book vacation packages and guided tours. In addition, through its corporate travel management services, Ctrip helps corporate clients effectively manage their travel requirements. Since its inception in 1999, Ctrip has experienced substantial growth and become one of the best-known travel brands in China.

For further information, please contact:
International PR
Ctrip.com International, ltd.
Tel: (+86) 21 3406 4880 ext 196455
Email: Pr@ctrip.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/68d18ac7-1c48-433c-9938-ac43caa680b4

Foreign leaders express commitment to strengthen bilateral ties

And the President has also conveyed similar commitment, that in future Indonesia will remain committed to strengthen bilateral relations with those countries

Jakarta (ANTARA) – Several foreign leaders while meeting President Joko Widodo (Jokowi) and First Lady Iriana ahead of the presidential inauguration ceremony, have expressed their commitment to strengthen bilateral ties with Indonesia.

“They have expressed commitment to continuously strengthen bilateral cooperation with Indonesia. The President expressed gratitude for the presence of the guests including those coming from far away, to attend this inauguration ceremony,” Indonesian Foreign Affairs Minister Retno LP Marsudi said at the Merdeka Palace here on Sunday.

Among the guests are Brunei Darussalam’s Sultan Hassanal Bolkiah, Australia’s Prime Minister Scott Morrison and spouse Jenny Morrison, Singapore’s Prime Minister Lee Hsien Loong and Mrs. Ho Ching, Cambodia’s Prime Minister Hun Sen and King of Eswatini Mswati III and his wife Siphelele Mashwama.

“And the President has also conveyed similar commitment, that in future Indonesia will remain committed to strengthening bilateral relations with those countries,” Retno Marsudi said.

The Sultan told Jokowi that his country wanted to strengthen ties with Indonesia and expressed gratitude to Indonesians living in Brunei for their contribution in supporting the economic development in Brunei, the minister said.

Australian Prime Minister Scott Morrison and Jokowi held a tete-a-tete meeting, and Minister Marsudi was not present in the meeting.

Singapore’s Prime Minister and Jokowi discussed cooperation in digital economic, she added.

Cambodia’s Prime Minister Hun Sen and Jokowi talked about economic cooperation and the presence of several Indonesian pharmaceutical companies in Cambodia.

“And now we are offering several Indonesian strategic industrial products including from PT INKA (railway company),” she said.

In the meeting with the King of Eswatini, the two leaders discussed about economic cooperation, particularly Indonesia’s interest in participating in infrastructure development in the African kingdom.

After the inauguration ceremony, Jokowi is scheduled to receive courtesy calls among others from China’s Vice President Wang Qishan, Vietnam’s Vice President ng Th Ngc Thnh, Myanmar’s Vice President Henry Van Thio, the South Korean President’s Special Envoy Noh Young-min, the Filipino President’s Special Envoy Theodoro Locsin Jr, the Japanese Prime Minister’s Special Envoy Nakayama Norihiro, the United Arab Emirates President’s Special Envoy Sheikh Nahyan Mabarak Al Nahyan, and the US President’s Special Envoy Elaine L. Chao.

Source: ANTARA News

Women Coalition urges Jokowi to keep same number of women ministers

The number of women who occupy the ministerial positions in the Working Cabinet II will not be less than that of the previous cabinet line-up, which is recorded at nine women

Jakarta (ANTARA) – General Secretary of the Indonesian Women Coalition Dian Kartikasari pinned her hopes on President Joko Widodo (Jokowi) to maintain the number of women ministers in his second-term Working Cabinet line-up.

“The number of women who occupy the ministerial positions in the Working Cabinet II will not be less than that of the previous cabinet line-up, which is recorded at nine women,” Kartikasari stated in a statement received in Jakarta on Sunday.

For the next cabinet, the Indonesian Women Coalition recommended that the previous women ministers who had excellent performances be reappointed.

Regarding women’s matters, she suggested that the Women Empowerment and Child Protection Minister be given to a figure who has comprehensive knowledge and capability on gender mainstreaming, abolishing violence against women and children, as well as fulfillment of rights of women and children.

President Jokowi had confirmed earlier that the total number of ministers in his new cabinet line-up would remain the same as that of the previous one.

Source: ANTARA News

Helicopters, Drone and Boeing aircraft deployed to secure inauguration

Insya Allah, everything runs smoothly and safe

Jakarta (ANTARA) – Chief of the Indonesian Defences Forces (TNI) Marshal Hadi Tjahjanto has said the military and the Indonesian Police (Polri) deploy several helicopters, drones and Boeing aircraft for air security during the presidential inauguration.

“For air security, TNI and Polri maintain the coordination,” Tjahjanto said here on Sunday.

Tjahjanto and Polri Chief General Tito Karnavian checked security situation in Jakarta, particularly in the Parliament Building and Presidential Palace areas, ahead of the inauguration of Joko Widodo (Jokowi) as President and Ma’ruf Amin as Vice President for the 2019-2024 period.

Several helicopters are deployed to secure areas around the Presidential Palace and Parliament Building, the location of the presidential inauguration ceremony.

TNI has also deployed Boeing aircraft to conduct aerial monitoring of every movement in certain posts considered critical.

“We also deploy drones that keep on watching over across the capital city area against possible threat,” the military chief said.

All monitoring results are reported to the Main Command Post located on Merdeka Barat avenue so TNI and Polri personnel can carry out real time monitoring of prone areas.

Based on the monitoring so far, every thing is smooth and safe, as well as under control to secure the presidential inauguration.

“Insya Allah, everything runs smoothly and safe,” Hadi Tjahjanto said.

In the meantime, the inauguration of Joko Widodo-Ma’ruf Amin will be held at 2 p.m. local time at the Parliament Building.

Some 31 thousand personnel from Polri and TNI are deployed to secure the event and readied in three rings.

The first ring is the venue of the ceremony at the Parliament Building area secured by the Presidential Security Force.

The second and third rings are the areas around the Parliament Complex guarded by the military and police personnel.

Since representatives from foreign countries are also to attend the ceremony, the Jakarta Police have also readied security personnel to guard the guests.

Head of the People’s Consultative Assembly (MPR) Bambang Soesatyo earlier told the media that 17 heads of state and governments as well as special envoys, and 168 foreign ambassadors confirmed their presence in the inauguration ceremony.

Among the foreign leaders are Malaysian Prime Minister Mahathir Mohamad; Singaporean Prime Minister Lee Hsien Loong, Australian Prime Minister Scott Morrison, and China’s Vice President Wang Qishan.

Source: ANTARA News

Several leaders pay courtesy calls on Jokowi prior to inauguration

Jakarta (ANTARA) – Several countries’ leaders paid courtesy calls on President Joko Widodo (Jokowi) ahead to his presidential inauguration at the Credential Room of the Merdeka Palace in Jakarta on Sunday.

Among the leaders who paid the courtesy calls for Jokowi several hours prior to the swearing-in ceremony of the Indonesian president-elect and vice president-elect were Sultan of Brunei Hassanal Bolkiah, and Australian Prime Minister Scott Morrison who came along with his wife, Mrs Jenny Morrison.

Prime Minister of Singapore Lee Hsien Loong and his wife, Mrs Ho Ching; Prime Minister of Cambodia Hun Sen, King Mswati III of Eswatini Kingdom and his wife, Mrs Siphelele Mashwama, were also scheduled to visit Jokowi.

President Jokowi wore a dark blue suit with a red tie, while the first lady, Iriana, wore a cream traditional outfit kebaya.

After welcoming his VVIP guests, President Jokowi, accompanied by Mrs Iriana Jokowi, Ministry of Forreign Affairs Retno Marsudi, and Cabinet Secretary Pramono Anung held an informal meeting at the Jepara Room.

Source: ANTARA News