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Ford outlines vision for future of cars at CES

According to U. S. car manufacturer Ford, the future of the automobile industry may have been reflected in the new Ford Focus Electric, the company’s first fuel-free, rechargeable passenger car. While it is not the first electric vehicle to hit the U.S. consumer market, the company hopes the car’s added communications and interactive features will make it not only a means of transport, but change the way people think about driving entirely. “Ford is more than just a car company …

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According to U. S. car manufacturer Ford, the future of the automobile industry may have been reflected in the new Ford Focus Electric, the company’s first fuel-free, rechargeable passenger car.

While it is not the first electric vehicle to hit the U.S. consumer market, the company hopes the car’s added communications and interactive features will make it not only a means of transport, but change the way people think about driving entirely.

“Ford is more than just a car company, we’re also a technology company,” said Alan Mulally, Ford’s chief executive officer (CEO), at the Consumer Electronics Show (CES) in Las Vegas on Friday.

Although the North American International Auto Show in Detroit, Michigan is just days away, Ford executives chose instead to announce the vehicle’s public debut at one of the largest and most influential consumer electronics conventions in the world.

“The new Focus just felt more at home at CES,” said Derrick Kuzack, the company’s chief technology officer and head of product development.

Drawing analogies from the successes of products in the consumer electronics business such as the evolution of mobile phones and gaming consoles, Mulally emphasized the company’s vision of developing vehicles and platforms with customizable user interfaces that allowed drivers to access and quickly digest large quantities of information.

“A truly great product not only serves its intended purpose, it reinvents the purpose. It transforms something we do to something we experience,” said Mulally.

The new Focus dashboard, which features two LCD screens and steering wheel commands, will include features that give drivers the choice of displaying information such as miles saved from regenerative braking.

However, rather than displaying this information in numerical terms, users will be able to select from different animations, such as blue butterflies, to represent mileage surplus.

“The more butterflies that appear on the screen, the more mileage surplus I have beyond my chargeable destination,” explained Amy Garby, Ford’s manager of EV electronics.

“Emotive graphics in gaming plays such a role in entertainment and education these days. This type of interface feels very natural to young people … and we’re sure it will appeal to younger buyers who might be interested in the Focus Electric,” said Garby.

In a conscious effort to try to implement successes seen in the social media and gaming world, such as earning “points” or “badges, ” the company’s new mobile application, MyFord Mobile, will also include the opportunity to unlock driving achievements.

Awarded for driving in more efficient styles, drivers can share their unlocked achievements online with friends through social networking sites like Facebook and Twitter.

Additionally, MyFord Mobile will include applications that allow users to assess if the vehicle has enough power to make a particular journey and map out the closest charging station.

With the Ford Focus Electric, the company has also teamed up with tech giant Microsoft to develop a software that allows for ” value charging,” which allows for at-home charging during hours when utility rates are che

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Ford outlines vision for future of cars at CES

Reforms started in the late 1970s with the phasing out of collectivized agriculture, and expanded to include the gradual liberalization of prices, fiscal decentralization, increased autonomy for state enterprises, the foundation of a diversified banking system, the development of stock markets, the rapid growth of the non-state sector, and the opening to foreign trade and investment.

In 2006, China announced that by 2010 it would decrease energy intensity 20% from 2005 levels.

China is also the second largest trading nation in the world and the largest exporter and second largest importer of goods.
The PRC government’s decision to permit China to be used by multinational corporations as an export platform has made the country a major competitor to other Asian export-led economies, such as South Korea, Singapore, and Malaysia.

Available energy is insufficient to run at fully installed industrial capacity, and the transport system is inadequate to move sufficient quantities of such critical items as coal.

The two most important sectors of the economy have traditionally been agriculture and industry, which together employ more than 70 percent of the labor force and produce more than 60 percent of GDP.

The technological level and quality standards of its industry as a whole are still fairly low, notwithstanding a marked change since 2000, spurred in part by foreign investment.

China’s increasing integration with the international economy and its growing efforts to use market forces to govern the domestic allocation of goods have exacerbated this problem.

The growth in both outbound investment from, and inbound investment to, China reflects the nation’s rising economic power and attractiveness as an investment destination.

In this period the average annual growth rate stood at more than 50 percent.

China reiterated the nation’s goals for the next decade – increasing market share of pure-electric and plug-in electric autos, building world-competitive auto makers and parts manufacturers in the energy-efficient auto sector as well as raising fuel-efficiency to world levels.

Although China is still a developing country with a relatively low per capita income, it has experienced tremendous economic growth since the late 1970s.

Even with these improvements, agriculture accounts for only 20% of the nation’s gross national product.Except for the oasis farming in Xinjiang and Qinghai, some irrigated areas in Inner Mongolia and Gansu, and sheltered valleys in Tibet, agricultural production is restricted to the east.

Due to improved technology, the fishing industry has grown considerably since the late 1970s.

There are also extensive iron-ore deposits; the largest mines are at Anshan and Benxi, in Liaoning province.

China’s leading export minerals are tungsten, antimony, tin, magnesium, molybdenum, mercury, manganese, barite, and salt.

In the 1990s a program of share-holding and greater market orientation went into effect; however, state enterprises continue to dominate many key industries in China’s socialist market economy.

Since the 1980s China has undertaken a major highway construction program.

Business

Gordonstoun Severs Connections with Business Led by Individual Accused of Espionage for China

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Gordonstoun school severed ties with Hampton Group over espionage allegations against chairman Yang Tengbo. He denies involvement and claims to be a victim of political tensions between the UK and China.


Allegations Lead to School’s Decision

Gordonstoun School in Moray has cut ties with Hampton Group International after serious allegations surfaced regarding its chairman, Yang Tengbo, who is accused of being a spy for the Chinese government. Known by the alias "H6," Mr. Tengbo was involved in a deal that aimed to establish five new schools in China affiliated with Gordonstoun. However, the recent allegations compelled the school to terminate their agreement.

Public Denial and Legal Action

In response to the spying claims, Mr. Tengbo publicly revealed his identity, asserting that he has committed no wrongdoing. A close associate of Prince Andrew and a former Gordonstoun student himself, Mr. Tengbo has strenuously denied the accusations, stating that he is a target of the escalating tensions between the UK and China. He has claimed that his mistreatment is politically motivated.

Immigration Challenges and Legal Responses

Yang Tengbo, also known as Chris Yang, has faced additional challenges regarding his immigration status in the UK. After losing an appeal against a ban enacted last year, he reiterated his innocence, condemning media speculation while emphasizing his commitment to clear his name. Gordonstoun, on its part, stated its inability to divulge further details due to legal constraints.

Source : Gordonstoun cuts ties with business chaired by man accused of spying for China

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China Dismantles Prominent Uyghur Business Landmark in Xinjiang – Shia Waves

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The Chinese government demolished the Rebiya Kadeer Trade Center in Xinjiang, affecting Uyghur culture and commerce, prompting criticism from activists amid concerns over cultural erasure and human rights violations.


Demolition of a Cultural Landmark

The Chinese government recently demolished the Rebiya Kadeer Trade Center in Urumqi, Xinjiang, a vital hub for Uyghur culture and commerce, as reported by VOA. This center, once inhabited by more than 800 predominantly Uyghur-owned businesses, has been deserted since 2009. Authorities forcibly ordered local business owners to vacate the premises before proceeding with the demolition, which took place without any public notice.

Condemnation from Activists

Uyghur rights activists have condemned this demolition, perceiving it as part of China’s broader strategy to undermine Uyghur identity and heritage. The event has sparked heightened international concern regarding China’s policies in Xinjiang, which have been characterized by allegations of mass detentions and cultural suppression, prompting claims of crimes against humanity.

Rebiya Kadeer’s Response

Rebiya Kadeer, the center’s namesake and a notable Uyghur rights advocate, criticized the demolition as a deliberate attempt to erase her legacy. Kadeer, who has been living in exile in the U.S. since her release from imprisonment in 2005, continues to advocate for Uyghur rights. She has expressed that her family members have suffered persecution due to her activism, while the Chinese government has yet to comment on the legal ramifications of the demolition.

Source : China Demolishes Uyghur Business Landmark in Xinjiang – Shia Waves

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China Expands Nationwide Private Pension Scheme After Two-Year Pilot Program

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China’s private pension scheme, previously piloted in 36 cities, will roll out nationwide on December 15, 2024, enabling workers to open tax-deferred accounts. The initiative aims to enhance retirement savings, address aging population challenges, and stimulate financial sector growth.


After a two-year pilot program, China has officially expanded its private pension scheme nationwide. Starting December 15, 2024, workers covered by urban employee basic pension insurance or urban-rural resident basic pension insurance across the country can participate in this supplementary pension scheme. This nationwide rollout represents a significant milestone in China’s efforts to build a comprehensive pension system, addressing the challenges of a rapidly aging population.

On December 12, 2024, the Ministry of Human Resources and Social Security, together with four other departments including the Ministry of Finance, the State Taxation Administration, the Financial Regulatory Administration, and the China Securities Regulatory Commission, announced the nationwide implementation of China’s private pension scheme effective December 15, 2024. The initiative extends eligibility to all workers enrolled in urban employee basic pension insurance or urban-rural resident basic pension insurance.

A notable development is the expansion of tax incentives for private pensions, previously limited to pilot cities, to a national scale. Participants can now enjoy these benefits across China, with government agencies collaborating to ensure seamless implementation and to encourage broad participation through these enhanced incentives.

China first introduced its private pension scheme in November 2022 as a pilot program covering 36 cities and regions, including major hubs like Beijing, Shanghai, Guangzhou, Xi’an, and Chengdu. Under the program, individuals were allowed to open tax-deferred private pension accounts, contributing up to RMB 12,000 (approximately $1,654) annually to invest in a range of retirement products such as bank deposits, mutual funds, commercial pension insurance, and wealth management products.

Read more about China’s private pension pilot program launched two years ago: China Officially Launches New Private Pension Scheme – Who Can Take Part?

The nationwide implementation underscores the Chinese government’s commitment to addressing demographic challenges and promoting economic resilience. By providing tax advantages and expanding access, the scheme aims to incentivize long-term savings and foster greater participation in personal retirement planning.

The reform is expected to catalyze growth in China’s financial and insurance sectors while offering individuals a reliable mechanism to enhance their retirement security.


This article was first published by China Briefing , which is produced by Dezan Shira & Associates. The firm assists foreign investors throughout Asia from offices across the world, including in in ChinaHong KongVietnamSingapore, and India . Readers may write to info@dezshira.com for more support.

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