Four Out of Five Campers Increase Camping Frequency During Retirement

PORTLAND, Ore., March 24, 2026 /PRNewswire/ — The Dyrt, the app to get the best campsites, built by the largest RVing and camping community in the U.S., has found that four out of five campers 65 and over either camp more, if already retired, or plan to camp more when they do retire.

These statistics are from the 2026 Camping Report Presented by Toyota Trucks, which is compiled from the results of surveys conducted with thousands of members of The Dyrt Community, a representative sample of U.S. residents, and camping property managers across all 50 states.

The report found that 16.4% of campers are ages 55 and over, and 6.2% are at least 65. With an estimated 82.4 million Americans going camping in 2025, that works out to 13.5 million campers being at least 55 years old, with 5.1 million campers 65 and over. That means at least 4 million campers increase their camping frequency in retirement.

We also know how the majority of them plan to enjoy these camping trips: RV and trailer camping is significantly more popular among older campers. Only 21% of campers 34 and under took an adventure in an RV or trailer in 2025, but once they reach the age group of 55-64, that number goes all the way up to 55%. The Dyrt also found that 64% of those ages 65 and up went camping at least one time in an RV or trailer last year.

“It’s a fairly common sentiment among campers when they reach the campsite on Friday evening after a long week, ‘I can’t wait until I can do this without having to rush back for work on Monday,'” says Kevin Long, CEO of The Dyrt. “The era of remote work and Wi-Fi and satellite technology has given those campers still in the workforce a sneak peek into what spending extra time at a campground can be like. And there are millions of people out there right now, living the dream and exploring campgrounds all over the country in an RV.”

While RVs and trailers are more popular among older campers, glamping has the opposite fate: The percentage of campers who glamp decreases as age goes up. Despite an overall 8% increase in glamping from 2024 to 2025, only 3% of campers 65 and over visited a luxurious glampsite last year.

“While you might think the comfort of glamping would attract older campers, we are seeing the opposite is true,” The Dyrt founder Sarah Smith wrote in this year’s camping report. “To campers over 50, let me tell you, if you haven’t tried sleeping in a king-size bed in a heated yurt or tiny house, you’re missing out!”

Other interesting age-related findings from the camping report include:

  • Campers 55-64 are the most likely age group to leave a reserved campsite at least one day early
  • Campers 65 and over are most likely to cancel a reservation with plenty of advance notice

Read The Dyrt’s 2026 Camping Report Presented by Toyota Trucks.

About The Dyrt

The Dyrt is the app to get the best campsites, built by the largest RVing and camping community in the U.S. With The Dyrt PRO, campers get all RV parks and campgrounds, the Free Camping Collection, and the RV Trip Planner. The Dyrt’s 2026 Camping Report Presented by Toyota Trucks is informed by the largest online camping community and is the leading source of information for the camping industry.

www.thedyrt.com

Media Contact:
Mike Wollschlager
860-526-1555
411011@email4pr.com 

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SOURCE The Dyrt

Jersey Mike’s Donates All Sales To 2026 Special Olympics USA Games Tomorrow

Annual Day of Giving is Busiest of Year

TINTON FALLS, N.J., March 24, 2026 /PRNewswire/ — Tomorrow, Wednesday, March 25, Jersey Mike’s Subs (“Jersey Mike’s” or the “Company”), a leading franchisor of fast-casual sandwich shops known for its fresh sliced and fresh grilled subs, is giving a full day’s sales, expected to be over $30 million, to charity.

This year, on the Company’s 16th Annual Day of Giving, more than 3,200 Jersey Mike’s Subs restaurants will donate 100 percent of sales, not just profit, to the 2026 Special Olympics USA Games and the local state Programs attending the USA Games. (View/download b-roll)

Day of Giving is the culmination of Jersey Mike’s March Month of Giving fundraising campaign. All month, Jersey Mike’s has collected donations from customers to help local athletes attend the 2026 Special Olympics USA Games, June 20-26, at locations across Minnesota’s Twin Cities.  

“The 2026 Special Olympics USA Games celebrate courage, inclusion, and the incredible spirit of more than 3,000 athletes,” said Charlie Morrison, Chief Executive Officer of Jersey Mike’s. “We invite everyone to join us on March 25, when 100 percent of sales from Jersey Mike’s locations nationwide will support these remarkable athletes.” (Watch commercial)

Day of Giving is Jersey Mike’s busiest day of the year. Each location prepares by staffing up, coming in early and ordering extra ingredients, ensuring there is plenty of meat, cheese, bread, onions, lettuce, tomatoes, and bacon to meet the high demand.

Whether in-store, through Jersey Mike’s app or through third-party delivery partners, proceeds from every single sale this Wednesday, including subs, chips, drinks, and catering orders, will go to the 2026 Special Olympics USA Games.

Since Month of Giving began in 2011, Jersey Mike’s has raised more than $143 million for local charities.

For a list of participating restaurants in your area please visit our location listing by state.

About Jersey Mike’s

Founded in 1956 as Mike’s Subs with one location in Point Pleasant, New Jersey, Jersey Mike’s has grown into a premier franchisor with more than 3,200 locations in the U.S. and Canada. The Company has been recognized as one of the fastest-growing fast-casual restaurant chains in America, ranking #1 on Entrepreneur’s 2026 Franchise 500 and #6 on Yelp’s 2025 List of Fastest Growing Brands. 

Giving back is also core to Jersey Mike’s mission, and the Company was recognized on Forbes’ Best Brands for Social Impact List in 2025. In March 2025, the Company completed its 15th Annual Month of Giving, raising a record breaking $30 million and surpassing more than $143 million given to over 200 local charities since it began the tradition in 2011, reinforcing its commitment to being a beloved brand in its communities. Jersey Mike’s has also been ranked as the #1 Best Sandwich Chain in America in 2025 by Eat This, Not That! For more information, please visit jerseymikes.com and follow us on Facebook, Instagram, TikTok and X. 

About Special Olympics USA Games

The 2026 Special Olympics USA Games—scheduled for June 20-26, 2026, across Minnesota’s Twin Cities with sports competitions at the University of Minnesota and the National Sports Center in Blaine—is a national celebration of inclusivity, changing perceptions and the ability of the human spirit rising above limitations. The USA Games, with co-presenting partners Jersey Mike’s Subs and UnitedHealthcare, will be one of the biggest U.S. sporting events of the year, drawing tens of thousands of fans to celebrate the ability of 3,000+ incredible athletes from all 50 states as they compete in 16 Olympic-type team and individual sports. As a state with a long history of championing diversity, equity and inclusion, the USA Games now bring an unrivaled opportunity for Minnesotans to spark new energy around the Special Olympics movement and create a lasting legacy of positive change.

Contact: Kyle Potvin, kpotvin@splashllc.com, 917-838-4500

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SOURCE Jersey Mike’s Subs

Cemex Receives MSCI ESG Rating Upgrade to AAA

MONTERREY, Mexico–(BUSINESS WIRE)—- $cemex #MSCI–Cemex announced today that it has been upgraded to AAA from A in the MSCI ESG Ratings assessment, achieving the highest possible rating. MSCI ESG Ratings evaluate companies on their resilience to financially relevant, industry-specific sustainability risks and opportunities. The AAA rating places Cemex among the top performers in its sector globally, with only 15 companies from the global building materials industry achieving a AAA rating. “Sustainability rem

Domino’s® Updates Its Iconic, Industry-First Tracker for an Even Better Customer Experience

Revolutionary technology has tracked more than 2.5 billion orders since 2008

Highlights:

  • Domino’s Tracker® now features the following enhancements:
    • A more precise ready time based on new AI technology
    • Live Activities for iOS users
    • A new look and feel with a clearer, more detailed view of each order’s progress

ANN ARBOR, Mich., March 24, 2026 /PRNewswire/ — Domino’s Pizza Inc. (Nasdaq: DPZ) revolutionized the customer experience by launching its innovative, industry-first Tracker in 2008. Now, the world’s largest pizza company has improved the tool to provide all customers with a better, more detailed experience.

“For 18 years, we’ve been providing customers with the ability to track every step of their order, from when it’s placed to when it’s being made, placed in the oven and then ready for pickup or delivery,” said Mark Messing, Domino’s vice president of global digital marketing. “Domino’s was one of the first to launch what has become the gold standard in customer convenience across numerous industries. Domino’s Tracker® is a beloved technology, and we’re excited to have made it an even better experience for customers!”

In addition to a new look and feel, Tracker’s updated features include:

  • A More Precise Ready Time
    Customers can now see a more precise time as to when their order will be ready for pickup or delivery. This improved, smarter technology powered by DomOS, Domino’s proprietary operating system, uses a custom AI order-tracking engine that blends multiple real-time inputs from store team members with machine learning models to ensure the most accurate time estimate.
     
  • Live Activities for iOS Users
    Domino’s is taking pizza tracking to the next level with the launch of Live Activities, making tracking easier, faster and more intuitive for millions of iPhone users nationwide. With Live Activities, Domino’s Tracker updates are even closer to customers’ fingertips, as iPhone users can follow their order’s progress right from the Lock Screen – no app switching required. From order placed, to out for delivery, key tracker stages and live driver location updates will stay front and center. The result? A premium, at-a-glance experience that keeps customers connected to their pizza every step of the way.
     
  • Streamlined Tracking Stages with More Details
    Domino’s Tracker now features simplified stages – “placed,” “make,” “deliver” or “pick up” (depending on if the order is for delivery or carryout), and “mmm!” – with additional information displayed underneath. Customers will have more insight into every stage of their order than ever before. With a single tap, customers can dive deeper to view order details, store information and a step-by-step breakdown of their order’s progress. They can even see what time their order was placed in the oven, what time their driver left the store, track their driver via GPS and follow a car progress bar.

“Domino’s continues to amplify our Hungry for MORE strategy by delivering the most delicious food in the industry and relentlessly pursuing operational excellence,” said Messing. “That same commitment drives our approach to technology. We’ve refreshed our app, and now, Domino’s Tracker, to give customers an even better, more detailed view of their order’s progress. We even added an ‘mmm’ stage in Domino’s Tracker because we know customers’ experience doesn’t stop at the store; it ends when customers take that first, delicious bite of pizza. Since its debut in 2008, Domino’s Tracker has followed more than 2.5 billion orders, and we’re excited to follow millions more as we continue innovating.”

To see and use Domino’s new and improved Tracker, download Domino’s app or click “Tracker” on dominos.com.

About Domino’s Pizza®
Founded in 1960, Domino’s Pizza is the largest pizza company in the world, with a significant business in both delivery and carryout. It ranks among the world’s top public restaurant brands with a global enterprise of more than 22,100 stores in over 90 markets. Domino’s had global retail sales of over $20.1 billion in 2025. Its system is comprised of independent franchise owners who accounted for 99% of Domino’s stores as of the end of the fourth quarter of 2025. In the U.S., Domino’s generated more than 85% of U.S. retail sales in 2025 via digital channels and has developed many innovative ordering platforms.

Order – dominos.com
Company Info – biz.dominos.com
Media Assets – media.dominos.com

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SOURCE Domino’s Pizza

BetterMe launches diabetes-friendly workouts to support people living with the condition, in collaboration with Diabetes UK

BetterMe has launched a diabetes-friendly workout programme, developed in collaboration with Diabetes UK. The new programme includes 28 beginner-friendly sessions designed to help people living with diabetes build confidence with movement.

LONDON, March 24, 2026 /PRNewswire/ — BetterMe, a leading global health and wellness platform, launched a collection of diabetes-friendly workouts within the BetterMe: Health Coaching app to mark Diabetes Alert Day. The programme has been reviewed by Diabetes UK, the leading UK charity for people living with diabetes. More than 12 million people in the UK are living with or at risk of diabetes, and for many, exercise can often feel daunting due to the complexities of managing blood sugar levels. This specialised programme provides easy-to-follow workouts, with proceeds from new sign-ups supporting Diabetes UK*.

The programme features workouts that combine strength and cardio. These sessions focus on building strength, improving cardiovascular fitness, and supporting glucose management through safe, accessible movement. It also includes gentle recovery sessions, such as stretching and myofascial release, helping users support muscle recovery and maintain mobility.

James Beeby, Director of Engagement and Fundraising at Diabetes UK, said: “We’re delighted to support this new diabetes-friendly workout programme. We know that physical activity is an important part of managing diabetes, but many people living with the condition face additional barriers to feeling confident in movement. By combining the workout programme with BetterMe’s holistic approach to wellness, people can feel safe and informed as they take steps to improve their overall health and wellbeing.”

With over 4,000 workouts and 20+ meal plans with hundreds of recipes, BetterMe continues to lead the way in personalised wellness solutions.

Availability

The diabetes-friendly collection of workouts is now available globally within the BetterMe: Health Coaching app on the iOS App Store and Google Play Store.

About BetterMe

BetterMe is an award-winning wellness technology company dedicated to making healthy living available to everyone through personalised, holistic health solutions. A two-time Reuters Global Sustainability Awards finalist in Diversity, Equity & Inclusion, BetterMe anchors its mission in a global CSR strategy. This specialised plan joins an impact-driven portfolio designed for groups often underrepresented in wellness, including individuals with limb loss, wheelchair users, and seniors.

About Diabetes UK

Diabetes UK is the UK’s leading diabetes charity, and its vision is to create a world where diabetes can do no harm.

For more than 90 years, Diabetes UK’s research has driven many of the biggest breakthroughs in diabetes care – improving millions of lives. The charity also drives change by influencing policy and the NHS, as well as raising awareness and combatting misconceptions about diabetes.

For more information about Diabetes UK, visit www.diabetes.org.uk.

*BetterMe will give 50% of profits received from new sign-ups to the ‘diabetes-supported exercise programme’ to Diabetes UK (a registered charity in England and Wales (no 215199) and Scotland (SC039136)). This is expected to raise at least £25,000 over the year to support their mission. 

Photo – https://mma.prnewswire.com/media/2941015/BetterMe.jpg

 

 

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SOURCE BetterMe

Amperon Expands Weather-Informed Grid Demand Mid-Term Forecast to Europe, Transforming Seasonal Energy Market Planning

LONDON, March 24, 2026 /PRNewswire/ — Amperon, a leading provider of AI-powered energy forecasting and analytics solutions, today announced the launch of its weather-informed Grid Demand Mid-Term Forecast (MTF) for European energy markets, giving market participants an unprecedented view of electricity demand up to seven months in advance and transforming seasonal market planning. Featuring ECMWF ensemble-based demand forecasts and probabilistic percentiles, Amperon’s Grid Demand MTF enables traders, utilities, and operators to better manage risk, hedge positions, and prepare for the seasonal and extreme weather events shaping Europe’s power markets.

Amperon is redefining mid-term power demand forecasting in an increasingly volatile climate environment by moving beyond backward-looking weather simulations to a forward-looking approach powered by machine learning. At the core of Amperon’s Grid Demand MTF is a deep integration with seasonal and sub-seasonal weather projections from the European Centre for Medium-Range Weather Forecasts (ECMWF), incorporating all 51 ensemble weather scenarios. Amperon’s proprietary machine learning models then translate these scenarios into highly accurate demand forecasts that reflect real-world grid conditions. By further incorporating seasonal demand signals and layering in probabilistic forecasting, Amperon provides a clearer view of uncertainty—rather than a single-point estimate—resulting in more dynamic, adaptive forecasts that enable energy market participants to make better decisions over longer time horizons.

“Markets have historically relied on static, backward-looking averages to forecast demand, which is an approach that falls short in today’s increasingly volatile climate,” said Sean Kelly, CEO of Amperon. “By integrating real-time weather intelligence and machine learning into our seasonal models, Amperon delivers a forward-looking, probabilistic view of demand that enables European market participants to hedge more effectively, plan with greater confidence, and reduce costly surprises.”

Europe’s electricity markets are becoming more weather-sensitive and interconnected, increasing the need for forward-looking demand insights to support seasonal planning, risk management, and resource adequacy. Market participants across Europe are therefore increasingly shifting their focus toward seasonal and long-term strategies. Financial traders, in particular, are seeking greater visibility beyond the two-week horizon to gain an edge in weekly trading, while utilities, IPPs, and BRPs are looking for tools that help optimise hedging strategies, ensure resource adequacy, and plan maintenance around expected demand swings months in advance.

Available through both Amperon’s API and user interface, the Grid Demand MTF delivers both ECMWF 51-member ensemble-based forecasts, including mean and control forecasts, and probabilistic forecasts from P5 through P95. Forecasts offer hourly granularity, updating daily for the first 46 days and monthly for the balance of seven months, across major European power markets, including Austria, Belgium, Czech Republic, Denmark, France, Germany and Luxembourg, Great Britain, Ireland, Italy, Netherlands, Portugal, Poland, Spain and Switzerland.

About Amperon

Amperon is a leading energy forecasting company, positioned at the intersection of energy data and AI. Founded in 2018, Amperon has become a trusted partner to power and utility companies, delivering demand, renewable generation, and price forecasts. With cutting-edge predictive analytics, seamless data integrations, and premium customer support, Amperon enables customers to enhance grid reliability and optimise asset performance. Committed to grid modernisation, Amperon is the forecasting company of the energy transition.

For more information about Amperon, visit www.amperon.co.

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SOURCE Amperon

Fractal’s Climate Action Progress Recognized: 2025 [CDP] ‘B’ Rating Highlights Governance and Measurable Action

NEW YORK, March 24, 2026 /PRNewswire/ — Fractal (www.fractal.ai), a publicly listed global enterprise AI company serving Fortune 500® organizations, has secured a CDP ‘B’ rating for the third consecutive year, underscoring robust climate action governance and emissions management in 2025.

CDP, recognized globally as a leading environmental emissions reporting platform, assessed more than 24,800 companies worldwide in 2024, underscoring the scale and scope of its benchmarking process. By measuring and disclosing greenhouse gas emissions, companies contribute to the comprehensive datasets on corporate climate action, enabling investors, policymakers, and other stakeholders to evaluate progress, risks, and opportunities. CDP scores also help organizations identify strengths and gaps in environmental management, guiding sustainability strategies.

“Fractal’s disclosure through CDP demonstrates rigour in environmental emissions reporting and strengthens accountability to stakeholders, while reinforcing the importance of measuring and monitoring emissions as a foundation for meaningful climate action. The company has been practicing carbon accounting for the last six fiscals and maintaining a greenhouse gas inventory in accordance with the GHG Protocol Corporate Standard and has obtained third-party assurance for its Scope 1, 2, and 3 emissions in line with the AA1000AS standard – moderate level assurance,” said Chetana Kumar, Chief Sustainability Officer at Fractal.

A CDP rating of ‘B’ reflects a coordinated management of climate-related impact, risks, and opportunities, along with providing demonstrated evidence of actions associated with good environmental management.

As part of Fractal’s journey to Net Zero, Fractal continues to prioritize strengthening of processes by acquiring independently assessed third-party credentials. Their offices in Mumbai and Bengaluru are ‘Leadership in Energy and Environmental Design’ (LEED) Gold certified workspaces, conserving resources and managing waste responsibly. 

Fractal’s Mumbai office is WELL platinum certified, which is a certification demonstrating dedication to the health and well-being of office occupants and visitors. These commitments continue to underscore Fractal’s dedication to responsible climate action, in alignment with United Nations Sustainable Development Goal 13 on climate action. Integration of environmental sustainability into Fractal’s business strategy and lowering carbon footprint make for resilient operations and support clients in meeting their own climate action and responsible–AI goals.

For more information, visit: www.fractal.ai

About Fractal

Fractal (NSE: FRACTAL) is a publicly listed global enterprise AI company with a vision to power every human decision in the enterprise.

Fractal’s suite of businesses includes Asper.ai (enabling interconnected decisions for revenue growth) and Analytics Vidhya (among the world’s largest data science communities). Fractal spun out Qure.ai, a global healthcare AI leader enhancing the rapid identification and management of tuberculosis, lung cancer, and stroke. Fractal’s dedicated AI Research team is focused on foundational AI advancements, including knowledge-based foundational models, reasoning-based systems, and agentic systems. The team has launched successful products, including MarshallGoldsmith.ai, Vaidya.ai, Kalaido.ai, and the open-source reasoning model Fathom-R1-14B and tool-based reasoning model Fathom-DeepResearch.

Fractal employs over 5,000 professionals across global locations, including the United States, Canada, the UK, the Netherlands, Ukraine, India, Singapore, South Africa, the UAE, and Australia. It has consistently earned recognition as one of India’s Best Companies to Work For (Top 100, 2025), a ‘Great Workplace’ for ten consecutive years, and as one of ‘India’s Best Workplaces for Women’ for five years running by the Great Place to Work® Institute. Fractal was also named a Leader in the 2025 Forrester Waveâ„¢ for Customer Analytics Service Providers and earned leadership positions in the Everest Group Peak Matrix Assessment 2025 for AI and Analytics Services, and Information Services Group’s 2024 assessments for Data Engineering and Data Science Services.

 

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SOURCE Fractal Analytics Limited

GCC Electric Vehicle Tire Market Set for Rapid Expansion, Expected to Reach USD 997 Million by 2032 | MarkNtel Advisors

NEW DELHI, March 24, 2026 /PRNewswire/ — According to the latest market insights published by MarkNtel Advisors, the GCC Electric Vehicle Tire Market is projected to grow at a CAGR of around 21.49% during 2026–2032. The market growth is primarily driven by the accelerating adoption of electric vehicles across the GCC region, increasing government initiatives promoting sustainable mobility, and rising demand for high-performance tires designed specifically for electric vehicles. Additionally, expanding EV charging infrastructure and growing consumer preference for premium, energy-efficient mobility solutions are further supporting market expansion across the region.

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GCC Electric Vehicle Tire Market Key Takeaways

  • The GCC Electric Vehicle Tire Market was valued at approximately USD 298 million in 2025 and is projected to grow from USD 310 million in 2026 to nearly USD 997 million by 2032, reflecting robust growth driven by increasing EV penetration and advancements in tire technologies tailored for electric mobility.
  • By vehicle type, passenger cars are expected to dominate the market, accounting for around 72% of the total market share in 2026. This dominance is attributed to the rising adoption of electric passenger vehicles among urban consumers, supported by favorable government policies, incentives, and the growing availability of EV models in the region.
  • By demand type, the market is currently entirely dominated by the aftermarket segment, as EV adoption in the GCC is still in its early stages, leading to higher replacement demand rather than OEM-based tire supply. The growing need for specialized EV tires with enhanced durability and performance is further contributing to aftermarket growth.
  • Among countries, the UAE leads the GCC Electric Vehicle Tire Market, capturing approximately 40% of the total market share in 2026. The country’s leadership is driven by strong EV infrastructure development, supportive regulatory frameworks, and a high concentration of premium vehicle consumers.
  • The presence of leading global tire manufacturers is intensifying competition through continuous product innovation, expansion of distribution networks, and the development of EV-specific tire technologies.

Download a FREE PDF Sample of the Report https://www.marknteladvisors.com/query/request-sample/electric-vehicle-tire-market-gcc.html (Discover market trends, insights, and regional demand dynamics)

Significant Growth Factors Driving EV Tire Industry Across the GCC

  • Rapid Expansion of Electric Vehicle Adoption in the GCC

The increasing adoption of electric vehicles across GCC countries is a primary driver of the electric vehicle tire market. Governments across the region are actively promoting clean mobility through initiatives aimed at reducing carbon emissions and diversifying energy sources. In particular, countries such as the UAE and Saudi Arabia are making substantial investments in EV infrastructure, including the expansion of charging networks and the introduction of supportive policy incentives, thereby accelerating EV adoption.

As EV ownership continues to rise, the demand for specialized tires designed to accommodate higher torque, increased vehicle weight, and reduced noise levels is also gaining momentum. Consequently, this shift toward EV-specific mobility solutions is expected to significantly boost the demand for advanced tire technologies in the coming years.

  • Growing Demand for High-Performance and Energy-Efficient Tires

Building on the rapid growth of EV adoption, there is a corresponding increase in demand for tires that enhance vehicle efficiency and overall driving performance. Electric vehicles require tires with low rolling resistance to maximize battery range, along with superior durability to withstand higher load capacities and torque output.

In response, manufacturers are increasingly focusing on the development of advanced tire technologies that deliver improved grip, reduced wear, and enhanced energy efficiency. Furthermore, the strong consumer preference for premium vehicles in the GCC region is encouraging the adoption of high-quality, performance-oriented EV tires. As a result, this trend is playing a pivotal role in supporting the sustained growth of the market.

  • Expanding Distribution Networks and Aftermarket Services

Alongside technological advancements, the expansion of tire distribution channels and service networks is significantly contributing to market development. Multi-brand tire dealers, exclusive and authorized outlets, as well as company-owned and franchise networks, are strengthening their presence across the region to effectively cater to the growing EV customer base.

Moreover, the aftermarket segment is witnessing substantial growth, driven by increasing replacement demand and the need for specialized maintenance services tailored to electric vehicles. Improved accessibility and the wider availability of EV-specific tires through organized retail and service platforms are further enhancing market penetration, thereby accelerating overall market expansion.

Structural Challenges Affecting Market Growth

  • High Cost of EV-Specific Tires

Despite the strong growth outlook, the relatively high cost of EV-specific tires remains a key challenge for the market. These tires are engineered using advanced materials and innovative technologies to meet the unique performance requirements of electric vehicles, which results in higher pricing compared to conventional tires.

In addition, limited consumer awareness regarding the long-term benefits of EV-specific tires, coupled with higher replacement costs, may restrain adoption in certain segments. Therefore, addressing these challenges through cost optimization, enhanced consumer education, and the expansion of affordable product offerings will be essential to unlock the full growth potential of the GCC electric vehicle tire market.

Market Analysis by Vehicle Type & Demand

By vehicle type, passenger cars are projected to lead the GCC electric vehicle tire market, capturing around 72% market share in 2026. This dominance is primarily driven by the increasing adoption of electric passenger vehicles among urban consumers, supported by well-developed infrastructure and rising environmental awareness. In addition, the growing availability of diverse EV models across different price segments is encouraging wider consumer adoption. Favorable government policies, including incentives and regulatory support, are further accelerating this trend. As a result, the strong shift toward passenger EVs continues to reinforce demand for specialized tires, sustaining the segment’s leading position in the market.

By demand type, the aftermarket segment dominates the GCC electric vehicle tire market, accounting for the majority of overall tire demand. This dominance is largely attributed to the growing installed base of electric vehicles, which generates consistent replacement requirements over time. As EV usage increases, the need for periodic tire replacement becomes more prominent, particularly due to higher torque and weight associated with these vehicles. Furthermore, the relatively underdeveloped OEM supply ecosystem for EV-specific tires in the region further strengthens aftermarket reliance. Consequently, the expansion of service networks and tire retail channels continues to support the sustained growth of this segment.

By country, the UAE is expected to maintain its leading position in the GCC electric vehicle tire market. This leadership is supported by strong electric vehicle adoption rates, driven by advanced infrastructure and proactive government initiatives promoting sustainable mobility. The country has made significant investments in EV charging networks and policy frameworks, creating a favorable ecosystem for electric vehicle growth. Additionally, the presence of a high-income consumer base with a preference for premium vehicles further contributes to increased demand for EV tires. As the UAE continues to position itself as a regional hub for electric mobility, it is expected to drive sustained market expansion.

View Full Report (All Data, In One Place):
https://www.marknteladvisors.com/research-library/electric-vehicle-tire-market-gcc.html (Explore in-depth analyses, technological trends, and investment patterns)

Innovation Momentum Accelerating EV Tire Ecosystem in the GCC

The GCC electric vehicle tire market is witnessing strong momentum driven by continuous product innovation and strategic industry participation. In February 2025, Michelin introduced its e.PRIMACY All-Season tire, specifically engineered to enhance efficiency and extend driving range for electric, hybrid, and fuel-efficient vehicles. The tire incorporates advanced technologies such as a GreenPower Compound and low rolling resistance design, enabling reduced energy consumption, quieter performance, and longer tread life. As a result, it supports improved mileage while maintaining high standards of safety and driving comfort.

Building on this innovation trajectory, in July 2025, Hankook Tire & Technology strengthened its presence in the region by showcasing its premium electric vehicle tire portfolio at Mobility Live Middle East 2025 in Dubai. The company highlighted its iON range, including iON evo, iON GT, and e-SMART City AU56 designed specifically for electric buses and regional operating conditions. This strategic showcase underscores the growing focus of global manufacturers on the Middle East, reinforcing their commitment to advancing EV mobility and sustainable tire solutions across the GCC.

Major Electric Vehicle Tire Companies in GCC

Key companies contributing to innovation and competition in the market include:

  • Bridgestone
  • Michelin
  • Continental AG
  • Goodyear Tire & Rubber Company
  • Pirelli
  • Hankook
  • Yokohama
  • Toyo
  • Sumitomo Rubber Industries, Ltd.
  • Kumho
  • Sailun
  • Others

GCC Electric Vehicle Tire Market Scope

By Type of Tire: Radial, Bias
By Vehicle Type: Passenger Car, Two Wheeler & Three Wheeler, Commercial Vehicle, Others
By Propulsion: BEV, HEV, PHEVs, FCEVs
By Demand Type: OEM, Aftermarket
By Battery Capacity: Less Than 50KWh, 51KWh–100KWh, 101KWh–200KWh, 201KWh–300KWh, Above 300KWh
By Tire Size: Tire Size 1, Tire Size 2, Tire Size 3, Tire Size 4, Tire Size 5, Tire Size 6, Others
By Price Category: Budget, Premium, Economy
By Distribution Channel: Multi-Brand Tire Dealers, Exclusive/Authorized Brand Outlets, Company-Owned & Franchise, Fleet Service & Roadside Vendors
By Country: UAE, Saudi Arabia, Qatar, Kuwait, Oman, Bahrain

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Brazil Tire Market: The Brazil Tire Market size was valued at around USD 9.19 billion in 2025 and is projected to reach USD 13.19 billion by 2032. Along with this, the market is estimated to grow at a CAGR of around 5.30% during the forecast period, i.e., 2026-32.

Canada Tire Market: The Canada Tire Market size was valued at around USD 7.84 billion in 2024 and is projected to reach USD 10.28 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.62% during the forecast period, i.e., 2025-30.

China Tire Market: The China Tire Market size was valued at around USD 62.19 billion in 2025 and is projected to reach USD 78.29 billion by 2032. Along with this, the market is estimated to grow at a CAGR of around 3.91% during the forecast period, i.e., 2026-32.

Global Off-the-Road (OTR) Tire Market: The Global Off-the-Road (OTR) Tire Market size was valued at around USD 24.5 billion in 2023 & is projected to grow at a CAGR of around 4.8% during 2024-30.

Nigeria Tire Market: The Nigeria Tire Market is estimated to grow at a CAGR of around 3.45% during the forecast period, i.e., 2025-30.

UAE Tire Market: The UAE Tire Market size was valued at around USD 1.34 billion in 2025 and is projected to reach USD 2.24 billion by 2032. Along with this, the market is estimated to grow at a CAGR of around 8.94% during the forecast period, i.e., 2026-32.

Saudi Arabia Tire Market: The Saudi Arabia Tire Market size was valued at around USD 4.52 billion in 2025 and is projected to reach USD 6.98 billion by 2032. Along with this, the market is estimated to grow at a CAGR of around 6.40% during the forecast period, i.e., 2026-32.

Botswana Tire Market: The Botswana Tire Market is projected to grow at a CAGR of around 5% during the forecast period, i.e., 2025-30.

About MarkNtel Advisors

MarkNtel Advisors is a leading market research and consulting firm dedicated to delivering reliable, data-driven insights across a wide range of global industries. The company’s research methodology integrates extensive primary interviews with industry stakeholders and rigorously validated secondary data sources to ensure accurate and credible market intelligence.

With strong sector expertise and a team of experienced analysts, MarkNtel Advisors provides businesses, investors, and policymakers with strategic insights that support informed decision-making and long-term growth in rapidly evolving global markets.

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MarkNtel Advisors
Office No.109, H-159, Sector 63, Noida, Uttar Pradesh – 201301, India
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SOURCE MarkNtel Advisors

India Solar Pump Market Set for Steady Expansion, Expected to Reach USD 248 Million by 2032 | MarkNtel Advisors

NEW DELHI, March 24, 2026 /PRNewswire/ — According to the in-depth market research report published by MarkNtel Advisors, the India Solar Pump Market is projected to grow at a CAGR of around 7.03% during 2026–2032. The market growth is primarily driven by increasing government initiatives promoting solar irrigation, rising demand for cost-effective and sustainable farming solutions, and the growing transition from conventional diesel-powered pumps to renewable energy-based alternatives. Additionally, expanding rural electrification and water management programs are further supporting the adoption of solar-powered pumping systems across the country.

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India Solar Pump Market Key Takeaways

  • The India Solar Pump Market was valued at approximately USD 154 million in 2025 and is projected to grow from USD 165 million in 2026 to nearly USD 248 million by 2032, reflecting consistent expansion supported by favorable policy frameworks and rising adoption of solar irrigation technologies.
  • By type, submersible solar pumps are expected to dominate the market, accounting for around 95% of the total market share in 2026. Their widespread adoption is attributed to their suitability for groundwater-based irrigation, higher efficiency in deep water extraction, and reliable performance across diverse agricultural conditions.
  • By end user, the agriculture sector is anticipated to maintain its leading position, contributing to more than 90% of total installations. The high dependence on irrigation in Indian agriculture, coupled with increasing efforts to reduce input costs and improve farm productivity, continues to drive demand for solar pumps.
  • The presence of established domestic manufacturers and global players is intensifying market competition through product innovation, improved energy efficiency, and expanded distribution networks.

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https://www.marknteladvisors.com/query/request-sample/india-solar-pumps-market.html (Discover market trends, insights, and regional demand dynamics)

Growth Catalysts Driving Solar Pump Adoption Across India

  • Government Initiatives Accelerating Solar Irrigation Deployment

Government-led programs such as the PM-KUSUM Scheme, Jal Jeevan Mission, and various state-level solar pumping initiatives are playing a pivotal role in driving the growth of the India solar pump market. These initiatives are designed to promote decentralized renewable energy adoption while reducing farmers’ dependence on grid electricity and diesel-powered irrigation systems.

Through capital subsidies, simplified approval processes, and financial assistance, these programs have significantly improved the accessibility and affordability of solar pumps for farmers. As a result, the increasing policy emphasis on renewable energy integration within the agricultural sector is expected to remain a primary catalyst for market expansion in the coming years.

  • Rising Demand for Cost-Effective and Sustainable Irrigation Solutions

Building on strong policy support, the growing need for cost-efficient irrigation solutions is further accelerating the adoption of solar pumps across India. Rising diesel prices and inconsistent electricity supply in rural areas have compelled farmers to seek reliable and economically viable alternatives.

In this context, solar-powered pumps offer a long-term solution by substantially reducing operational costs associated with fuel and electricity consumption. Moreover, the increasing focus on sustainable agriculture and climate-resilient farming practices is encouraging farmers to adopt clean energy technologies. By ensuring a consistent water supply while lowering carbon emissions, solar pumps are contributing to improved crop productivity and enhanced farm income.

  • Expanding Focus on Rural Electrification and Water Accessibility

In addition to cost and sustainability benefits, India’s ongoing efforts to strengthen rural infrastructure are further supporting market growth. Government initiatives aimed at improving rural electrification and water accessibility are creating a favorable environment for the deployment of solar pumping systems.

Solar pumps are particularly beneficial in off-grid and remote regions where conventional power infrastructure remains inadequate or unreliable. Furthermore, programs focused on enhancing access to drinking water and irrigation facilities are expanding the application scope of solar pumps beyond agriculture, including residential and community-level usage. This broader adoption is expected to reinforce market growth across multiple end-user segments.

Structural Challenges Affecting Market Growth

  • High Initial Investment Costs

Despite the strong growth outlook, the high upfront cost of solar pump systems continues to act as a key barrier to widespread adoption, especially among small and marginal farmers. Although government subsidies help reduce the financial burden, the initial capital investment required can still be prohibitive in certain regions.

Additionally, challenges related to maintenance costs, limited technical awareness, and restricted access to financing options further hinder market penetration. Therefore, enhancing financing mechanisms, improving awareness regarding long-term cost benefits, and strengthening support infrastructure will be essential to unlock the full growth potential of the India solar pump market.

Market Analysis by Type & End User

By type, submersible solar pumps are projected to lead the India solar pump market, capturing approximately 95% of the market share in 2026. This dominance is primarily attributed to their efficient performance in deep water conditions, making them highly suitable for groundwater-based irrigation, which is widely practiced across India. In addition, these pumps offer enhanced durability and consistent operational efficiency, even under varying environmental conditions. Their ability to adapt to fluctuating water table levels further increases their reliability among farmers. Consequently, the growing preference for dependable and energy-efficient irrigation solutions continues to reinforce the widespread adoption of submersible solar pumps across agricultural regions.

By end user, the agriculture sector is expected to dominate the India solar pump market, accounting for more than 90% of total installations. This strong dominance is driven by the sector’s heavy dependence on irrigation for crop cultivation and productivity. Furthermore, increasing awareness regarding renewable energy solutions is encouraging farmers to transition toward solar-powered irrigation systems. In addition to reducing reliance on diesel and grid electricity, these systems help lower operational costs over time. As a result, farmers are increasingly investing in solar pumps to enhance farm efficiency and ensure a reliable water supply, thereby supporting sustained growth in the market.

By region, North India is expected to lead the India solar pump market, driven primarily by strong adoption across Rajasthan and Uttar Pradesh. Rajasthan alone has recorded installations exceeding 85,000 solar pumps as of late 2024, supported by large-scale deployments in neighboring states. The region benefits from high solar irradiance levels of 6–7 kWh/m² /day and over 325 sunny days annually, enabling efficient energy generation and reliable pump performance. Additionally, persistent water scarcity and declining groundwater levels necessitate deep borewell irrigation. As a result, farmers are increasingly adopting solar pumps to ensure consistent, year-round irrigation amid rising climate variability.

View Full Report (All Data, In One Place): https://www.marknteladvisors.com/research-library/india-solar-pumps-market.html (Explore in-depth analyses, technological trends, and investment patterns)

Innovation & Digital Transformation Accelerating Solar Pump Ecosystem in India

The India solar pump market is witnessing significant momentum through technological innovation and digital integration, as companies increasingly focus on enhancing efficiency, accessibility, and user experience. In April 2024, ABB introduced its ACQ80 solar drive solution, designed to improve the performance of solar-powered water pumping systems across agricultural and industrial applications. The solution incorporates advanced MPPT optimization, dual AC/DC input capability, and protective features such as dry-run detection, enabling higher efficiency, reduced operational costs, and lower emissions.

Building on this technological progress, in October 2024, KLK Ventures launched a digital platform in Jammu and Kashmir aimed at transforming solar irrigation adoption. The platform streamlines the entire process, from application and site assessment to installation and post-installation support, thereby enhancing accessibility and ensuring reliable, end-to-end service delivery for farmers.

Significant Solar Pump Companies in India

Key companies contributing to innovation and competition in the market include:

  • Kirloskar Brothers Ltd.
  • Oswal Pumps Ltd.
  • KSB
  • Shakti Pumps Ltd.
  • WPIL Ltd.
  • Roto Pumps Ltd.
  • CRI Pumps
  • Tata Power Solar Systems
  • Grundfos
  • Rayindra Energy
  • Others

India Solar Pump Market Scope

By Type: Submersible Pumps, Surface Pumps
By Operation: AC Pumps, DC Pumps
By Power Rating: Upto 5 HP, 5.1–10 HP, 10.1–15 HP, 15.1–20 HP, Above 20 HP
By End User: Agriculture, Industrial, Residential
By Region: East India, North India, West India, South India

Browse More Reports on Pumps

Global Water Pump Market: The Global Water Pump Market size was valued at around USD 49.27 billion in 2025 and is projected to reach USD 62.99 billion by 2032. Along with this, the market is estimated to grow at a CAGR of around 3.09% during the forecast period, i.e., 2026-32.
Middle East and North Africa Water Pump Market: The Middle East and North Africa Water Pump Market size was valued at around USD 2.5 billion in 2025 and is projected to reach USD 3.5 billion by 2032. Along with this, the market is estimated to grow at a CAGR of around 5.7% during the forecast period, i.e., 2026-32.
Mexico Fire Pump Market: The Mexico Fire Pump Market size was valued at USD 13.85 million in 2025 and is projected to grow from USD 14.2 million in 2026 to USD 19.9 million by 2032. Along with this, the market is estimated to grow at a CAGR of around 5.79% during the forecast period, i.e., 2026-32.
Benelux Water Pump Market: The Benelux Water Pump Market is projected to grow from USD 415 million in 2025 to around USD 470 million by 2032, registering a modest CAGR of nearly 1.79% during 2026–2032.
North America Water Pump Market: The North America Water Pump Market size is valued at around USD 11,500 million in 2025 and is projected to reach USD 13,244 million by 2032. Along with this, the market is estimated to grow at a CAGR of around 3.51% during the forecast period, i.e., 2026-32.
Europe Deicing Pumps Market: The Europe Deicing Pumps Market size is valued at around USD 240 billion in 2025 and is projected to reach USD 375 billion by 2032. Along with this, the market is estimated to grow at a CAGR of around 6.58% during the forecast period, i.e., 2026-32.
Water and Wastewater Pump Market: The US Water and Wastewater Pump Market size was valued at around USD 1.8 billion in 2025 and is projected to reach USD 2.2 billion by 2032. Along with this, the market is estimated to grow at a CAGR of around 3.59% during the forecast period, i.e., 2026-32.
US Water and Wastewater Pump Market: The Brazil Water and Wastewater Pump Market size was valued at around USD 211.90 million in 2025 and is projected to reach USD 266.98 million by 2032. Along with this, the market is estimated to grow at a CAGR of around 3.93% during the forecast period, i.e., 2026-32.
Mexico Water and Wastewater Pump Market: The Mexico Water and Wastewater Pump Market size was valued at around USD 85.33 million in 2025 and is projected to reach USD 113.4 million by 2032. Along with this, the market is estimated to grow at a CAGR of around 4.85% during the forecast period, i.e., 2026-32.

About MarkNtel Advisors

MarkNtel Advisors is a leading market research and consulting firm dedicated to delivering reliable, data-driven insights across a wide range of global industries. The company’s research methodology integrates extensive primary interviews with industry stakeholders and rigorously validated secondary data sources to ensure accurate and credible market intelligence.

With strong sector expertise and a team of experienced analysts, MarkNtel Advisors provides businesses, investors, and policymakers with strategic insights that support informed decision-making and long-term growth in rapidly evolving global markets.

Contact Us:

MarkNtel Advisors
Office No.109, H-159, Sector 63, Noida, Uttar Pradesh – 201301, India
Contact No: +91 87199 99009
Email: sales@marknteladvisors.com
Website: marknteladvisors.com

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SOURCE MarkNtel Advisors

Global Times: Xi urges efforts to build Xiong’an New Area into innovation hub, model of high-quality development

BEIJING, March 23, 2026 /PRNewswire/ — Xi Jinping, general secretary of the Communist Party of China Central Committee, on Monday urged efforts to build the Xiong’an New Area in North China’s Hebei Province into an innovation hub in the new era and a model of promoting high-quality development, the Xinhua News Agency reported.

Xi, also Chinese president and chairman of the Central Military Commission, inspected the Xiong’an New Area on Monday, when he also chaired a symposium on further advancing the high-quality construction and development of the area.

During the inspection, Xi viewed construction progress in the start-up zone and visited China Huaneng Group Co., Ltd. and the Xiong’an campus of Beijing No. 4 High School to learn about the development of the Xiong’an New Area.

He also greeted representatives of officials and staff from organizations relocated as part of the projects to relieve Beijing of functions non-essential to its role as China’s capital, which have moved in or are under construction. 

A pilot area

The Monday inspection is Xi’s fourth inspection visit to Xiong’an since 2017, according to Xinhua.

The previous visits were made in February 2017 before the establishment of the New Area, in 2019 where he listened to the introduction of the general plan, policy system and construction of the Xiong’an New Area, and in 2023 where he urged new progress for the “city of future” and noted that Xiong’an has entered a phase of advancing large-scale construction and at the same time taking on functions nonessential to Beijing’s role as China’s capital, per previous Xinhua reports.

Cheered by President Xi’s continuous attention to Xiong’an and the latest inspection remarks, Qin Jianing, general manager of a Xiong’an-based tech company, told the Global Times that they now have a clearer direction and greater confidence in developing business. 

The Xiong’an subsidiary of Memblaze, an enterprise-class SSD products and solutions provider, will celebrate its first anniversary this March.

According to Qin, technology and innovation enterprises look at two key aspects: one is the business environment, and the other – the most important one – is the regional innovation atmosphere, modern industrial planning, and the development direction of new quality productive forces. 

As China embarks on the 15th Five‑Year Plan period (2026-30), the company plans to further expand our presence in aerospace storage, AI storage, and other industrial sectors, contributing its part to the inaugural year of the Xiong’an Science and Innovation Center – Xiongzhou Industrial Park, Qin said.

Qin is among many people who pursue a career and a life in Xiong’an New Area, which, since establishment in April 2017, has been transformed: From a stretch of raw land to a mapped plan, and then to a city – a modern new town springing up from the earth.

As of 2026, more than 4,000 Beijing-origin companies have been relocated to Xiong’an, and more than 400 centrally administrated state-owned enterprises have set branches in the city, Hebei Daily reported on March 16.

To nurture an innovative environment, Xiong’an unveiled 16 measures to lower the administrative barriers and facilitate talent to stay and start up businesses in the city. Lower rental costs and supportive policies have attracted many young people, the overseas edition of the People’s Daily reported Monday.

In 2026, Xiong’an continues to advance 20 livelihood projects which cover areas such as living environments, transportation and logistics, education and healthcare, elderly and child care, as well as employment support, Hebei Daily reported.

Meanwhile, Xiong’an is becoming greener and more biodiverse. Since 2017, a total of 483,000 mu (32,200 hectares) of new afforested land has been added in Xiong’an, bringing the total green area to 743,000 mu. The forest coverage rate has risen from 11 percent to 35.1 percent, China Central Television reported Saturday.

In the Baiyangdian wetland area of Xiong’an, the number of wild bird species has reached 296, an increase of 90 species since the establishment of the Xiong’an New Area; fish species have recovered to 50, per Hebei Daily. The involvement of AI-monitoring has improved the protection of birds and wildlife, allowing the harmony of human and nature.  

The blueprint for Xiong’an pledged to build it into an innovative, green, smart, and world-class city with blue skies, fresh air, and clean water, in line with the country’s high-quality development path, according to Xinhua.

As the blueprint is coming real, analysts said this “city of future” is a vivid demonstration of Chinese modernization.

Integrated development

On Sunday, a consignment of ceramic decorations, arrived at Beijing Daxing International Airport on Capital Airlines flight JD488 from Colombo, Sri Lanka, and was transported to and cleared at the Xiong’an Comprehensive Bonded Zone.

With this, Xiong’an New Area officially activated its international air cargo terminal on Sunday with the launch of the NXA airline code, integrating the area into global aviation networks, the People’s Daily reported Monday.

The new terminal of Xiong’an is China’s first that is “not located at an airport but operates under a comprehensive bonded zone.” Its three-letter airline code enables direct air freight handling and customs clearance, and such practice is made possible through close coordination between Xiong’an authorities and Daxing Airport customs.

Cong Yi, a professor at the Tianjin School of Administration, told the Global Times on Monday that the activation of the international air cargo terminal is establishing Xiong’an as an international air hub and the practice showcased regional industry, logistics, and policy coordination.

This practice is an epitome of how Xiong’an New Area is integrated into the bigger picture of China’s development with a global vision, according to analysts. 

Cong said that Xiong’an New Area is developing into a high-standard, forward-looking future city. It is playing an increasingly crucial role in building world class urban and industrial clusters within the Beijing-Tianjin-Hebei region and propelling coordinated development.

In the process of relieving Beijing of functions non-essential to its role as China’s capital, renowned universities and research institutes, major state-owned companies as well as start-ups are relocated to this vibrant area, according to media reports.

Hu Qimu, a deputy secretary-general of the Forum 50 for Digital-Real Economies Integration, told the Global Times on Monday that the integration of the region helps deepen the coordination of industrial, supply, and innovation chains.

Through unified market mechanisms, cross-regional research and development cooperation, and the establishment of innovation-to-industry conversion mechanisms, technological innovation can be accelerated into industrial application, enhancing overall competitiveness, Hu said.

Such integration also breaks down administrative barriers, allowing talent, technology, and capital to flow more freely within the area, which is particularly important for building a robust innovation ecosystem, Hu added.

In the long term, integration is expected to make the Beijing, Tianjin, and Hebei region a model of high-quality development, setting the pace for coordinated urban cluster growth, green and low-carbon transformation, and the advancement of high-end manufacturing.

From the gradual concentration of national level scientific resources and policies facilitating entrepreneurship, to efforts to provide better living conditions and environment for residents, Cong believes that looking ahead, the integrated area, with Xiong’an as a key knot, will become a model for high-quality development and provide replicable experience for Chinese modernization.

https://www.globaltimes.cn/page/202603/1357430.shtml

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SOURCE Global Times