Tag Archives: CHINA

Global Talent Competitiveness Index (GTCI) 2019: Switzerland remains #1; Singapore leads Asia-Pacific; Europe dominates the top 10; China leader among BRICS nations

MIDDLE EAST, ASIA, EUROPE, 23-Apr-2019 — /EuropaWire/ — The Adecco Group, Tata Communications and INSEAD have just released their annual benchmark report that looks into the ability of 125 countries around the world to compete for talent. According to the … Read the full press release

Milestone: 10 million flying hours in nearly 5 million flights for the ultra-reliable long distance business aircraft engine – the Rolls-Royce Tay 611-8

LONDON, 17-Apr-2019 — /EuropaWire/ — Rolls-Royce has just announced its Tay 611-8 engine has recently reached to 10 million flying hours milestone in after having had nearly 5 million flights. The engine was originally launched in 1987 and is powering … Read the full press release

FrancoChinese cooperation leads to EUR 250 million water management and waste recovery contracts for SUEZ NWS in Greater Bay area, China

PARIS, 22-Mar-2019 — /EuropaWire/ — SUEZ NWS has announced it just signed three contracts for water management and waste recovery projects in the Greater Bay area in China. The value of the contracts is estimated to be in the 250 … Read the full press release

Intesa Sanpaolo Innovation Center gains access to one of the biggest startup acceleration platforms in the world – The Floor Hong Kong

HONG KONG, 20-Mar-2019 — /EuropaWire/ — New partnership has been agreed on by Intesa Sanpaolo Innovation Center and the premier technology platform The Floor Hong Kong. Intesa Sanpaolo Innovation Center is Intesa Sanpaolo Group‘s arm that oversees, implements and accelerates … Read the full press release

Royal DSM increases stake in leading specialty food ingredient producer

HEERLEN, 18-Mar-2019 — /EuropaWire/ — Royal DSM has announced it has completed the increase of its stake in the leading specialty food ingredient producer Yantai Andre Pectin Co., Ltd. The increase has originally been announced last month. With the current … Read the full press release

Global demand for liquefied natural gas (LNG) to reach 384 million tonnes in 2020 – Shell LNG Outlook 2019

THE HAGUE, 25-Feb-2019 — /EuropaWire/ — According to Shell’s LNG Outlook for 2019 the global demand for liquefied natural gas (LNG) will reach 384 million tonnes by 2020. The use of LNG in 2018 around the world has also grown by 27 million tonnes … Read the full press release

Gfk: Smartphones, mobile phones and wearables still the powerhouse in the $1.2 trillion technical consumer goods (TCG) market

NUREMBERG, 22-Feb-2019 — /EuropaWire/ — New study released today by Gfk has seen 44 percent share of smartphones, mobile phones and wearables in the $1.2 trillion technical consumer goods (TCG) market. The report is released on the occasion of the Mobile World … Read the full press release

New retail station in Jinan city, Shandong, China for BP marks the start of its plan to add 1,000 new sites across China

SHANDONG, China, 29-Jan-2019 — /EuropaWire/ — BP opens its first branded station in Shandong, China. The new store is opened through BP’s new joint venture partnership with Dongming Petrochemical. It is located in the Huaiyin district of Jinan city. BP plans to … Read the full press release

Covestro and Haier Group to establish new laboratory for the digitalization of appliance production in Qingdao, China

LEVERKUSEN, 22-Jan-2019 — /EuropaWire/ — Covestro, one of the world’s leading polymer manufacturers, and the Haier Group, a major global brand for household appliances, have agreed to set up a joint laboratory in Qingdao, China, for the digitalization of appliance production. The … Read the full press release

CIB Capital Markets Strategist Tom Joyce comments on US-China Policy Escalation & Markets in the January issue of C-SPACE

FRANKFURT AM MAIN, 11-Jan-2019 — /EuropaWire/ — The United States and China are at a crossroad in what has become the most important bilateral relationship of the 21st Century, CIB Capital Markets Strategist Tom Joyce said in the January issue of … Read the full press release

China’s largest bank ICBC awarded Gemalto a three-year agreement to continue supplying contactless cards

SINGAPORE, 07-Jan-2019 — /EuropaWire/ — Gone are the days where cash was king in China. According to China Tech Insights’ report last year, 74 percent of Chinese consumers said they could live for more than a month with only 100 RMB (which is … Read the full press release

Burberry celebrates family traditions and togetherness during the festive period in its new Chinese New Year campaign

LONDON, 04-Jan-2019 — /EuropaWire/ — Burberry has today unveiled its new Chinese New Year campaign, celebrating family traditions and togetherness during the festive period. The campaign, shot and directed by photographer Ethan James Green, stars Chinese actresses and Burberry brand … Read the full press release

UniCredit and SACE SIMEST support Venchi’s € 9 million capital increase of its subsidiary Venchi Greater China Ltd. of Hong Kong

ROME, 28-Dec-2018 — /EuropaWire/ — UniCredit and SACE SIMEST, the export and internationalization hub of the CDP Group, support the international expansion of Venchi, par excellence symbol of Italian high-quality chocolate and ice cream. Double initiative to support the famous company, originally from Turin, which … Read the full press release

SGS: 15 provinces and cities in China updated their monthly minimum wage standards

According to the official data for 2018 from China’s National Bureau of Statistics (NBS) & Ministry of Human Resource and Social Security, 15 provinces and cities have updated their monthly minimum wage standards, to varying degrees. GENEVA, 28-Dec-2018 — /EuropaWire/ … Read the full press release

JAC Volkswagen Automotive Co., Ltd. held groundbreaking ceremony for the New Energy Passenger Vehicle Project R&D Centre located in Hefei, Anhui Province, China

The R&D centre will be located in Hefei and will focus on key areas such as electrification, connectivity and autonomous driving Thanks to the strong support of shareholders, among them SEAT, JAC Volkswagen will continue moving forward with its innovation-driven … Read the full press release

Sandoz certified “TOP Employer Asia Pacific 2019” for its exceptional employee offerings in the region

Sandoz has been certified by the Top Employers Institute for its exceptional employee offerings in Asia Pacific (APAC) The annual, international research undertaken by the Top Employers Institute recognizes leading employers around the world This exclusive certification underlines Sandoz´ commitment … Read the full press release

Volkswagen Touareg is the 30 millionth Volkswagen brand delivery milestone in China

Volkswagen Brand sets record in China, with 30 millionth delivery this November – a Touareg Stephan Wöllenstein: “This is a unique occasion, and a unique vote of confidence from all our Chinese customers over the years.” Volkswagen’s product offensive to … Read the full press release

Audi and First Automotive Works (FAW) celebrate the 30th anniversary of their partnership in China; plan to launch more China-specific model variants and digital services

Audi and Chinese partner First Automotive Works are to expand their local portfolio to more than ten models by 2022 and launch their first all-electric cars 2019: Audi Q2 L e-tron is the first electric car specifically for Chinese customers Herbert Diess, … Read the full press release

CHINA: ABB inaugurates its largest and one of its most advanced manufacturing sites, The Xiamen Hub

US$300 million investment in the hub which is ABB’s largest innovation and manufacturing site at 425,000m2 Employs 3,500 people, covering the full range of business activities Strong symbol of ABB’s ongoing commitment to China, where it has invested more than … Read the full press release

Merck to establish an innovation hub in Guangzhou, China

Merck today (12 NOV 2018) signed an agreement with the Guangzhou Development District on innovation development in Southern China. DARMSTADT, Germany / GUANGZHOU, China, 14-Nov-2018 — /EuropaWire/ — Merck, the vibrant science and technology company, today signed an agreement with the … Read the full press release

Fincantieri: New cruise park hub in the Baoshan District, Shanghai has been established

The contract which defines the cruise park project in the Baoshan District has been signed TRIESTE, 08-Nov-2018 — /EuropaWire/ — At the presence of the Deputy Prime Minister of Italy and Minister of Economic development and Labor Luigi Di Maio and the Chairman of … Read the full press release

Fincantieri: 1.5 billion dollars contracts for the construction of two cruise ships for CSSC Carnival Cruise Shipping Limited signed

The contracts related to the construction of the cruise ships have been signed TRIESTE, 08-Nov-2018 — /EuropaWire/ — At the presence of the Under Secretary of State for the Italian Ministry of Economic Development Michele Geraci, the contracts that seal … Read the full press release

Leonardo receives new order for 15 AW139 intermediate twin engine helicopters from Sino-US of China

Contracts for 15 EMS-configured AW139s, for delivery between 2019 and 2021. The new helicopters will bring total sales of Leonardo helicopters in China to over 185 The Heads of Agreement includes a purchase and delivery plan for 160 units in … Read the full press release

BASF and SINOPEC sign MoU to further strengthen partnership in upstream and downstream chemical production in China

New 1,000,000 metric tons steam cracker in Nanjing will support further downstream portfolio development BASF-YPC joint venture will expand capacity Partners intend to explore new business opportunities in battery materials LUDWIGSHAFEN, Germany and NANJING, China, 30-Oct-2018 — /EuropaWire/ — BASF and … Read the full press release

Lenzing Group to acquire the remaining 30 percent of its Chinese subsidiary Lenzing (Nanjing) Fibers Co. Ltd. (LNF) from its state-owned joint venture partner NCFC

Important step for further growth with specialty fibers Transaction generates negative impact on net profit of approx. EUR 21 mn Lenzing Group will hold 100 percent of Lenzing (Nanjing) Fibers Co. Ltd. after closing LENZING, Austria/ NANJING, China, 26-Oct-2018 — … Read the full press release

Travis Perkins showcased its award-winning apprenticeship scheme to senior delegation from the Chinese Government

Northampton, UK, 23-Oct-2018 — /EuropaWire/ — Travis Perkins plc, the UK’s largest provider of building materials, was able to showcase its award-winning apprenticeship scheme to a senior delegation from the Chinese Government during a visit to the Group’s Northampton Head Office … Read the full press release

DHL Global Forwarding connects Europe and China faster than by sea and cheaper than via air freight with new less-than-container load rail service

The demand for rail freight capacity on the “New Silk Road” is continuously increasing.   DHL Global Forwarding grows its rail freight capacity in the Belt and Road network New weekly LCL service between Duisburg and Chengdu to meet increasing … Read the full press release

Evonik on reports of counterfeit Methionine goods being found in China

ESSEN, 17-Sep-2018 — /EuropaWire/ — Feed specialist company Evonik is reminding its customers to buy products only through official order channels, following reports of counterfeit goods being found in China. A customer who recently bought two bags of MetAMINO from … Read the full press release

Snam to explore possible opportunities for collaboration with China’s State Grid International Development (SGID)

BEIJING, China, 28-Aug-2018 — /EuropaWire/ — Snam signed a memorandum of understanding today with State Grid International Development (SGID), wholly-owned by State Grid Corporation of China, the world’s largest energy utility, to examine a range of possible opportunities for collaboration, … Read the full press release

Fincantieri and China State Shipbuilding Corporation (CSSC) extend cooperation to include all segments of merchant shipbuilding

The agreement with the state-owned giant firm CSSC is expanded to all segments of merchant shipbuilding TRIESTE, 28-Aug-2018 — /EuropaWire/ — Fincantieri and China State Shipbuilding Corporation (CSSC), have signed a Memorandum of Understanding for the extension of the industrial … Read the full press release