Day: February 2, 2023

BEIJING, Feb. 2, 2023 /PRNewswire/ — Global respondents have strong confidence in Chinese economic recovery, according to recent surveys by CGTN Think Tank.

One survey shows that 86.8 percent of global respondents recognize China’s efforts to coordinate COVID-19 prevention and control with economic and social development, while only 9.03 percent of them believe that developed economies performed better in dealing with the pandemic.

China’s economy has shown strong signs of recovery, based on consumption data during the Spring Festival holiday. Its domestic tourism revenue reached 375.84 billion yuan (about $55.96 billion), up by 30 percent year on year. The box office during the holiday collected 6.76 billion yuan.

The International Monetary Fund (IMF) raised the estimate for China’s growth to 5.2 percent in its latest World Economic Outlook report. However, it predicts that growth in advanced economies, including the United States, the Euro area and the United Kingdom, will fall to 1.2 percent in 2023.

Looking back, China was the only major economy in the world that achieved positive growth in 2020, and its GDP exceeded 120 trillion yuan last year, making important contribution to global economic recovery.

According to the National Bureau of Statistics, prices in China have remained stable over the past three years, with the consumer price index rising at an average rate of 1.8 percent, much lower than in the U.S., the Euro zone and other developed economies.

Based on the data released by the World Bank, the economic growth rate of the U.S. and the Euro zone economies in 2020 was -2.8 percent and -6.1 percent respectively. Aggressive stimulus measures were introduced for these economies over the past two years.

In 2022, the consumer price index of the U.S. hit a 40-year high, pushing up people’s living costs.

In a survey, nearly half of the respondents in major developed economies have experienced significant price increases, while 48.7 percent of them admitted that their daily expenses have increased over the past three years. But only 23.24 percent of them saw their income increase in the same period.

Among them, 46.77 percent predict a recession in major developed economies this year.

To protect the lives and health of its people, China effectively coped with the impact of the five global waves and several domestic clusters of COVID-19 over the past three years.

The CGTN think tank’s survey shows that 88.1 percent of respondents recognized China’s achievements in COVID-19 prevention and control over the past three years. The country’s scientific and dynamic adjustment of epidemic prevention policies was fully recognized by 71.6 percent of global respondents.

With anti-epidemic policies in line with its national conditions, China is believed to inject more impetus into global economic recovery in the post-COVID-19 era.

Link:
https://news.cgtn.com/news/2023-02-02/CGTN-poll-China-s-economic-rebound-wins-strong-global-confidence-1h5HNHrXbYk/index.html

BEIJING, Feb. 2, 2023 /PRNewswire/ — GigaOm, a leading analyst firm, recognizes SmartX as a Fast Mover in its 2022 HCI Radar for both Enterprise and SMB deployments. The reports evaluate worldwide vendors with 5 key criteria and 4 evaluation metrics, providing a comprehensive view of the HCI landscape.

HCI Focuses on Platform Ecosystem and Integration

As HCI has matured into a mainstream technology that can be used in the core, cloud, and edge, it is critical to provide a consistent experience across environments while enabling applications and data mobility for large enterprises. Integration of various capabilities such as data protection, disaster recovery, Kubernetes support, automation and orchestration, and other features is also highly valued. Overall, HCI helps customers with their hybrid cloud and multi-cloud infrastructure strategies. Additionally, small-scale deployment matters for small-to-medium businesses (SMBs), on top of availability, performance, and integration of various capabilities.

SmartX is a Fast Mover for Both Enterprise and SMB Deployments

Since its first appearance in the 2021 GigaOm HCI Radar (Enterprise Deployment) as the only new entrant, SmartX is now a challenger on the radar screen, with a focus on technical innovation and cutting-edge functionality. SmartX also appears in the SMB Deployment radar screen this time, offering small-scale and cost-effective deployment that can support various applications. Below is a summary of the key benefits of SmartX HCI.

Flexibility and scalability. SmartX HCI can scale from a minimum 3-node cluster to 255 nodes in one cluster. It supports VMware vSphere, Citrix XenServer, and its KVM-based hypervisor ELF. SmartX HCI offers software-only and all-in-one appliance deployment options.

Performance and availability. SmartX HCI targets the most critical virtualized workloads in financial institutions and is proven capable of supporting various applications in production across industries. It brings ultimate performance with full-stack software optimization. It offers a strong set of availability options including synchronous metro-cluster, asynchronous replication, as well as agentless backup & recovery.

Unified and automated management. SmartX HCI can manage multiple clusters across multiple data centers on-premises using CloudTower, with resource visibility, VM optimization, and more management capabilities such as a “one-click” operation mechanism.

Kubernetes support. Everoute , the SmartX SDN, can replace the current VLAN-based networking with micro-segmentation architecture. SmartX HCI can deliver block storage to pods through a CSI plugin.

Additional Resources

Webpage: SmartX HCI

Flyer: SmartX HCI Product Brief

Video: Introducing SmartX HCI in 360 Seconds