2024 marks the 21st anniversary of establishing a comprehensive strategic partnership between China and Europe, China-EU relations are showing good momentum of consolidation and development. China looks forward to the EU becoming a key partner in pursuing Chinese modernization, sharing opportunities in its vast market, institutional opening-up, and deepening international collaboration.

Wuxi, a core city in the Yangtze River Delta urban agglomeration, has attracted investments from European companies such as AstraZeneca, Bosch, and Siemens since China’s coastal opening up. The city has opened up China-Europe freight train services and direct cargo routes to Europe, fostering deepening economic and trade cooperation—Wuxi High-tech Zone, located in the hinterland of the Yangtze River Delta with convenient transportation links. Since becoming a national high-tech zone in 1992, it has incubated a robust ecosystem of technological innovation, housing numerous postdoctoral workstations, listed companies, and high-tech enterprises. Ranked 4th among China’s top 100 districts for high-quality development and 18th among 177 national high-tech zones, Wuxi High-tech Zone stands out as a beacon of growth.

In November 2023, the Wuxi China-Europe Industrial Innovation Zone was officially launched.

As an open window for China-Europe cooperation, the China-Europe Industrial Innovation Zone aims to promote high-level openness, serving as a platform for sharing opportunities globally, a bridge for deepening EU collaboration, and a forefront for innovation in China-Eu partnerships. By the end of 2023, EU countries states had invested in 166 projects in the Wuxi High-tech Zone, with a total investment of €15 billion. In 2023 alone, these projects generated sales revenue of RMB 118.23 billion and contributed RMB 8.18 billion in taxes.

Spanning a total planned area of 24.5 square kilometers, the China-Europe Industrial Innovation Zone is situated in the Meicun area of the Wuxi High-tech Zone. The core area covers 7.7 square kilometers, with the initial development area along both sides of Xinhua Road spanning 1.15 square kilometers. Anchored in Meicun Street, the zone aims to become a model for China-Europe cooperation, providing a premium platform for the Wuxi High-tech Zone and the city of Wuxi to strengthen international collaboration. The first phase of construction has already reached the structural topping-off stage and is expected to be completed by March 2025.

Building on Wuxi High-tech Zone’s solid foundation of international industrial cooperation, the China-Europe Industrial Innovation Zone adheres to a philosophy of integrated development of science, industry, and urbanization. It is actively developing four international cooperation sub-parks: the China-Germany International Cooperation Industrial Park, the China-France International Cooperation Industrial Park, the China-Switzerland International Cooperation Industrial Park, and the China-Israel International Cooperation Industrial Park.

The China-Europe Industrial Innovation Zone targets an annual output value of RMB 160 billion and tax revenue exceeding RMB 8 billion. It aims to attract at least 30 European “hidden champion” enterprises, including over 10 multinational company headquarters. The zone will construct more than 500,000 square meters of innovation facilities and jointly establish at least three European industrial technology transfer centers. Efforts to attract major China-Europe cooperative projects are being intensified, with key EU-related projects such as Legrand, AML Systems, Schneider Electric, Faurecia, and Siemens accelerating their presence in the zone. The future focus will be on cutting-edge EU technologies and innovations, optimizing industrial structure and layout to position the zone as a leading provincial-level economic development zone, Wuxi High-tech Zone’s preferred industrial destination, and a top-tier international industrial cooperation zone renowned across China and the Yangtze River Delta.

Kumip.com has empowered over 3 million traders globally with cutting-edge tools, lightning- fast execution, and institutional-grade security

Participating in cryptocurrency trading means handling finances and requires accuracy, security, and the possibility of rewards in a constantly changing environment. Kumip.com, a popular cryptocurrency exchange, is driving this revolution by transforming the industry through advanced technology and user-focused features as a global cryptocurrency trading platform. Kumip has emerged as a trustworthy partner for traders in the rapidly evolving crypto markets, with over 3 million active users, handling more than 61 million transactions, and producing a daily turnover exceeding $173 million.

Kumip: A Cryptocurrency Exchange Built for Excellence

Kumip’s core is based on creativity, quickness, and a solid dedication to user safety. Kumip provides a varied set of tools and features to both novel and experienced traders, intending to simplify trading and address the unique challenges of the cryptocurrency business.

Kumip is transforming cryptocurrency trading by providing fast order processing, a diverse portfolio of assets, and advanced trading tools.

Unparalleled Features That Drive Success

Ultra-Fast Matching Engine

Speed is paramount in cryptocurrency trading, and Kumip delivers. It has a fast-matching engine that can process over 100000 transactions per second, with a latency of below 0.01 ms. This means that trade is done effectively as much as possible; this is ensured more so when there is intense market volatility.

Comprehensive Asset Coverage

Kumip offers a diverse selection of cryptocurrencies in comparison to its industry counterparts. Thus, via the platform, the user can diversify their investment portfolios and search for new productive points within the cryptocurrency market, which can include both traditional assets like Bitcoin or Ethereum and ‘alternatives.’

Advanced Trading Tools for Every Strategy

Kumip empowers its users with tools designed for precision and flexibility:

• Limit, market, and stop orders for tailored trading approaches.
• Engaging in margin trading with leverage of up to 150x offers experienced traders the opportunity to access significant growth potential.
• Instant notifications for liquidation and risk management systems that instill trust in rapidly changing markets.

Institutional-Grade Security Measures

Security is the cornerstone of Kumip’s operations. The platform employs a multi-layered security protocol that includes:

• Cold storage solutions safeguarding 99% of user funds.
• Multi-signature wallets are used to enhance transaction security.
• AI-powered systems for detecting threats are created to recognize and mitigate possible dangers before they become reality.

Yield Farming and Staking Opportunities

Kumip offers yield farming across multiple DeFi protocols for users seeking additional earning avenues. Investors also have a choice of strategy and different holding periods to enter Bitcoin, and they can also extract returns by investing in it.

AI-Powered Trading Bots

Kumip’s trading bots, powered by AI, enable traders to automate their strategies. These bots analyze current market conditions extensively and execute trades very accurately, making them crucial for users wanting to improve efficiency.

Peer-to-Peer (P2P) Trading

Like other centralized exchanges, Kumip offers a commission-free platform that lets users buy and sell cryptocurrencies to each other. A reliable escrow service and multiple payment options guarantee safe and flexible trading on a worldwide level.

Deep Liquidity Pools

Liquidity is crucial in achieving competitive rates and reducing slippage. Kumip’s extensive liquidity pools ensure an ideal trading environment for both retail and institutional traders. Participants have the option to contribute as liquidity providers, receiving incentives as they help maintain the platform’s ecosystem.

Revolutionizing Financial Management in the Digital Era

Beyond trading, Kumip is redefining how users interact with digital finance through innovative tools:

• Virtual credit cards for enhanced transaction flexibility.
• Mobile banking integration for seamless asset management.
• Secure transaction management systems aim to offer peace of mind to all users.

Kumip’s dedication to innovation guarantees that users can utilize the latest financial technology available in the market, positioning the platform as a leader in the cryptocurrency industry.

Transparent and Real-Time Market Insights

Kumip’s platform offers users live price tracking for popular cryptocurrencies, including:

• Bitcoin (BTC): $97,800.01 (-0.496%)
• Ethereum (ETH): $3,404.57 (-0.452%)
• Ripple (XRP): $1.4811 (+0.968%)
• Dogecoin (DOGE): $0.4274 (-2.344%)

Users can make informed decisions in a constantly evolving market utilizing current data.

Leading the Future of Crypto Trading

Kumip’s vision is to create a trading environment where innovation and security converge to meet the needs of every trader. By combining advanced technology, comprehensive asset coverage, and robust security, Kumip is not just keeping pace with the cryptocurrency revolution but defining it.

About Kumip

Kumip is a global exchange for trading cryptocurrencies, providing outstanding trading experiences with cutting-edge technology, extensive tools, and high-level security measures.

Kumip, with more than 3 million traders, is changing how people and institutions interact with digital assets.

For more information or to start trading, visit kumip.com.

Media Contact

Contact person: Andrew Lare

Company name: Kimip

Website: https://Kumip.com

Email: admin@Kumip.com