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City achieves leapfrog growth via blueprint

Business

City achieves leapfrog growth via blueprint
Business

Business

City achieves leapfrog growth via blueprint

2025-08-29 12:01 Last Updated At:12:25

BEIJING, Aug. 29, 2025 /PRNewswire/ -- A report from China Daily:

20-Year Economic and Social Development Strategic Vision sparks enormous increase in GDP and proliferation in tech businesses, and as a pioneer of the Digital China strategy, Fuzhou achieves 790 billion yuan in digital economy in 2024

After in-depth investigation, extensive consultations and multiple revisions, Fuzhou, capital of East China's Fujian province, rolled out the 20-Year Economic and Social Development Strategic Vision in 1992.

Also known as the "3820 strategic project", it outlined the goals, steps and priorities for the city's economic and social development over three, eight and 20 years.

During the Fuzhou congress of the Communist Party of China in August 1995, the goal of "building a modern international city" was officially proposed, which established the general framework and strategy for the medium- and long term development of the city.

Following this blueprint, Fuzhou has made efforts over three decades and achieved leapfrog growth. Its GDP surged to 1.42 trillion yuan ($197.5 billion) in 2024, from 46.4 billion yuan in 1995, ranking it eighth among China's provincial capitals.

As the pioneer of the "Digital China" strategy, Fuzhou has made great strides in high-tech industries.

In 1999 when Fuzhou Software Park was established at the foothills of Wufeng Mountain, there was only one building and some 100 enterprises. Today it consists of seven zones and 173 buildings, attracting three industries of the digital economy — software and information technology service, photoelectric chips and next-generation IT.

Rockchip Electronics, founded in the park in 2001, has become one of China's leading integrated circuit design companies focused on the internet of things. Its products are widely recognized in the machine vision and automotive electronics industries.

The scale of Fuzhou's digital economy reached 790 billion yuan in 2024, representing 56 percent of GDP.

The city's traditional industries have also undergone transformation and upgrading, driven by scientific and technological innovation.

In Changle district, the city's textile center, nearly 700 businesses and more than 10,000 machines have been connected to the Fujian (Changle) textile industrial internet platform.

"The platform utilizes artificial intelligence-driven terminal devices to monitor our tricot machines and automatically adjust parameters. Compared with the past, it has reduced downtime by 10 percent and lowered operating costs by 15 percent by optimizing material consumption and working-hour allocation," said Liu Tianzhen, general manager of Fujian Jiegao Textile.

As a national marine economy development demonstration zone, Fuzhou has led the country in fishery output value for 30 years. It is also China's second-largest producer of aquatic products.

Lianjiang county, known as China's hometown of abalone, contributes one third of the nation's total abalone farming output.

The county has opened 11 deep-sea aquaculture facilities, accelerating its shift toward "smart fishing". Of them, Fubao No 1, equipped with smart monitoring systems and a windproof structure, can produce 45 metric tons of abalone annually.

As a key city on the 21st Century Maritime Silk Road, Fuzhou has actively integrated into China's new development paradigm, expanding its opening-up and international cooperation.

Focused on reform and innovation, the Fuzhou Area of China (Fujian) Pilot Free Trade Zone has released 114 pioneering measures since it was founded in 2015, 25 of which have been replicated and promoted nationwide.

Under the framework of the Belt and Road Initiative, the China-Indonesia "Two Countries, Twin Parks" project has played a vital role in promoting bilateral economic and trade exchanges, based on the Fuzhou Yuanhong Investment Zone in the county-level city of Fuqing, as well as industrial parks in Bintan, Aviarna, and Badung, Indonesia.

By 2024, the investment zone had attracted 73 collaborative projects, with total investment of 93 billion yuan.

In partnership with Salim Group, Saneheld (Fuqing) Food is developing a marine fisheries center in Indonesia. So far, two production bases have been built in Tuban city.

Zhaohua Aquatic Food has invested in a 400-hectare Pacific white shrimp farm, ensuring a stable supply of frozen shrimps from Indonesia to Fuzhou for deep processing, cutting production costs.

The investment zone is now constructing a food industry park covering 4.53 hectares, which is expected to start operations in 2026 and inject impetus into its food industry.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

City achieves leapfrog growth via blueprint

City achieves leapfrog growth via blueprint

  • New framework brings together Aon's Risk Capital and Human Capital data with public sentiment analysis from Gallup to create a portfolio view of risk
  • Creates further clarity into how risks compound across four megatrends, how resilience is built and activated and where targeted actions can most effectively influence performance
  • DUBLIN, Jan. 16, 2026 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, announced today that it is releasing insights from a new, data-driven tool to help organizations build sustainable resilience and unlock growth: Aon's Resilience Quotient.

    Developed in collaboration with Gallup, Aon's Resilience Quotient responds to a critical insight: in a time of increasing populism and fragmented sources of information, quantitative data alone is not enough to make long-term decisions. Combining public sentiment on global issues with risk and people data and analytics enables greater clarity and confidence to invest and grow amidst uncertainty and volatility.

    By integrating Aon's proprietary Risk Capital and Human Capital analytics with the results of Gallup's World Poll covering 140 countries for more than 20 years, the firm's Resilience Quotient captures both objective conditions and subjective sentiment, revealing where sentiment signals hidden risks and potential opportunities to achieve greater resilience. This system-level view enables leaders to spot emerging risks sooner, prioritize resilience investments and move from reactive risk management to proactive decision-making.

    "When making decisions around investment, workforce or managing geopolitical risk, a portfolio view is far superior to a siloed perspective," said Greg Case, president and CEO of Aon. "Understanding sentiment can be an opportunity signal or an early warning. Leaders who are limited to only some of the relevant metrics risk missing the signals that matter most. Aon's Resilience Quotient delivers an integrated view to help organizations act decisively, strengthen resilience and unlock sustainable growth."

    Four interconnected megatrends – Trade, Technology, Weather and Workforce – are reshaping the global operating environment in ways that traditional models struggle to anticipate. Aon's Resilience Quotient provides a clearer view of the tradeoffs within these interactions: how trade volatility can amplify technology risk, how climate pressures influence workforce mobility and how sentiment can either reinforce resilience or heighten operational risk, even when the fundamentals appear strong.   

    To illustrate the insights from its Resilience Quotient, the firm published three case studies addressing some of the most relevant and urgent issues facing the 2026 global economy:

    • Realizing the Opportunity of AI: Securing Data Center Growth
      Data centers are the backbone of the digital economy and with nearly $1.3 trillion projected to be invested globally in data centers by 2030, their rapid expansion brings unprecedented risks. Aon's Resilience Quotient shows that resilience varies sharply at the sub-national level, often more than underlying risk. Within the U.S., Iowa emerges as the most resilient destination for data center development, combining very low overall risk with exceptionally strong trade and weather resilience.

      "Aon's Resilience Quotient shows that Iowa's resilience–risk balance is roughly twice the national median, demonstrating how governance quality, institutional confidence and preparedness materially shape long-term infrastructure outcomes," said Joe Peiser, CEO of Commercial Risk Solutions at Aon. "This underscores the opportunity for leaders who understand the combined effect of low risk, resilient trade and weather systems and a strong foundation of public trust — factors that ultimately determine where AI infrastructure can grow at scale."

    DUBLIN, Jan. 16, 2026 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, announced today that it is releasing insights from a new, data-driven tool to help organizations build sustainable resilience and unlock growth: Aon's Resilience Quotient.

    Developed in collaboration with Gallup, Aon's Resilience Quotient responds to a critical insight: in a time of increasing populism and fragmented sources of information, quantitative data alone is not enough to make long-term decisions. Combining public sentiment on global issues with risk and people data and analytics enables greater clarity and confidence to invest and grow amidst uncertainty and volatility.

    By integrating Aon's proprietary Risk Capital and Human Capital analytics with the results of Gallup's World Poll covering 140 countries for more than 20 years, the firm's Resilience Quotient captures both objective conditions and subjective sentiment, revealing where sentiment signals hidden risks and potential opportunities to achieve greater resilience. This system-level view enables leaders to spot emerging risks sooner, prioritize resilience investments and move from reactive risk management to proactive decision-making.

    "When making decisions around investment, workforce or managing geopolitical risk, a portfolio view is far superior to a siloed perspective," said Greg Case, president and CEO of Aon. "Understanding sentiment can be an opportunity signal or an early warning. Leaders who are limited to only some of the relevant metrics risk missing the signals that matter most. Aon's Resilience Quotient delivers an integrated view to help organizations act decisively, strengthen resilience and unlock sustainable growth."

    Four interconnected megatrends – Trade, Technology, Weather and Workforce – are reshaping the global operating environment in ways that traditional models struggle to anticipate. Aon's Resilience Quotient provides a clearer view of the tradeoffs within these interactions: how trade volatility can amplify technology risk, how climate pressures influence workforce mobility and how sentiment can either reinforce resilience or heighten operational risk, even when the fundamentals appear strong.   

    To illustrate the insights from its Resilience Quotient, the firm published three case studies addressing some of the most relevant and urgent issues facing the 2026 global economy:

    "Aon's Resilience Quotient shows that Iowa's resilience–risk balance is roughly twice the national median, demonstrating how governance quality, institutional confidence and preparedness materially shape long-term infrastructure outcomes," said Joe Peiser, CEO of Commercial Risk Solutions at Aon. "This underscores the opportunity for leaders who understand the combined effect of low risk, resilient trade and weather systems and a strong foundation of public trust — factors that ultimately determine where AI infrastructure can grow at scale."

    • Workforce Transformation: AI Adoption and the Next Generation Workforce 
      The acceleration of AI adoption is transforming the workforce, but most organizations face a critical gap between the demand for AI skills and their readiness to adapt. The Resilience Quotient highlights how workforce engagement, trust and institutional preparedness are essential to harnessing AI's potential, making resilience the key differentiator between organizations that thrive through change and those that risk falling behind.

      "Aon's Resilience Quotient equips leaders to navigate rapid AI change with confidence," said Lisa Stevens, chief administrative officer at Aon. "These insights help create the conditions for early‑career employees to build the skills and confidence they need — so instead of losing a generation of talent, we cultivate one that is more capable and resilient than ever."

    "Aon's Resilience Quotient equips leaders to navigate rapid AI change with confidence," said Lisa Stevens, chief administrative officer at Aon. "These insights help create the conditions for early‑career employees to build the skills and confidence they need — so instead of losing a generation of talent, we cultivate one that is more capable and resilient than ever."

    • Rethinking Humanitarian Finance: A New Approach to Forced Migration
      Over 120 million people are currently displaced by conflict, climate and systemic crises, reshaping societies and economies worldwide. Aon's Resilience Quotient highlights Venezuela and Colombia to illustrate the tradeoffs between investing resources at the source of migration — supporting those facing institutional erosion, food insecurity and economic collapse — or directing investment to more stable countries like Colombia that are absorbing people fleeing unlivable conditions.

      "Forced displacement results from extreme weather and man-made disasters like conflict and economic failure," said Bridget Gainer, chief public affairs officer at Aon. "If we could leverage the forecasting and financial capability of insurance to better predict and more quickly mitigate the impact of this volatility, we could help create conditions that allow populations to remain and rebuild in their home countries."

    "Forced displacement results from extreme weather and man-made disasters like conflict and economic failure," said Bridget Gainer, chief public affairs officer at Aon. "If we could leverage the forecasting and financial capability of insurance to better predict and more quickly mitigate the impact of this volatility, we could help create conditions that allow populations to remain and rebuild in their home countries."

    "Resilience is not a single blueprint, it's the way systems mitigate, adapt and transform under pressure. Aon's Resilience Quotient functions as a pressure gauge, surfacing the trade‑offs and early signals that help leaders strengthen resilience where it matters most," said Joe Daly, managing partner at Gallup. "We're proud to collaborate with Aon to combine Gallup's global sentiment analytics with Aon's Risk Capital and Human Capital data, turning confidence into actionable insight."

    New insights from Aon's Resilience Quotient suggest that going forward, resilience priorities will shift from static risk management to dynamic, localized strategies. As disruptions become more complex and frequent, organizations will need to tailor resilience investments to specific geographies, sectors and even sub-regional contexts. Aon's Resilience Quotient is supported with a real-time analytics and AI-enabled insights platform, built by Quantum Rise, providing deeper visibility into evolving risk and resilience signals as conditions change.

    Aon and Gallup will join global decision-makers at the World Economic Forum Annual Meeting to advance these critical discussions on restoring confidence and unlocking sustainable growth.

    Learn more about Aon's Resilience Quotient and explore the case studies here.

    About Aon
    Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that help protect and grow their businesses.

    Follow Aon on LinkedInXFacebook and Instagram. Stay up-to-date by visiting Aon's newsroom and sign up for news alerts here.

    Media Contact
    mediainquiries@aon.com
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    ** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

    Aon's Resilience Quotient Cuts Through Uncertainty and Volatility to Help Businesses Move from Risk to Resilience and Growth

    Aon's Resilience Quotient Cuts Through Uncertainty and Volatility to Help Businesses Move from Risk to Resilience and Growth

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