Tag Archives: CHINA

Munich Re Revamps Leadership Structure to Strengthen Regional Underwriting in Asia Pacific & Africa

(IN BRIEF) Munich Re announces strategic changes to its leadership structure in Asia Pacific, Middle East & Africa (APAC MEA), aimed at bolstering its in-market Underwriting capabilities and refining its regional divisions. The revised setup will prioritize stronger local Underwriting … Read the full press release

Merck Expands M LabTM Collaboration Center in Shanghai, Enhancing Biopharmaceutical Capabilities

(IN BRIEF) Merck, a prominent science and technology company, announces a €14 million expansion of its M LabTM Collaboration Center in Shanghai, bolstering its support for the biopharmaceutical industry in China. The expansion includes new facilities such as a biology … Read the full press release

TotalEnergies and SINOPEC Forge Partnership for Sustainable Aviation Fuel Production in China

(IN BRIEF) TotalEnergies and SINOPEC have inked a Heads of Agreement (HoA) to jointly establish a Sustainable Aviation Fuel (SAF) production unit at a SINOPEC refinery in China. This collaboration aims to address the aviation industry’s need for sustainable solutions, … Read the full press release

DHL Global Connectedness Report 2024: Insights into Global Flows Amidst Pandemic and Geopolitical Strains

(IN BRIEF) The DHL Global Connectedness Report 2024 reveals that despite the challenges posed by the pandemic and geopolitical conflicts, globalization has reached record highs. Trade growth has been instrumental in sustaining global connectedness, with Singapore leading the list of … Read the full press release

Basilea Pharmaceutica Celebrates Milestone Payment as Cresemba® Sales Soar in Asia Pacific and China

(IN BRIEF) Basilea Pharmaceutica Ltd (SIX: BSLN) announced a significant milestone with a USD 1.25 million payment triggered by the robust sales performance of its antifungal medication, Cresemba® (isavuconazole), in the Asia Pacific region and China by its license partner … Read the full press release

ESET Reveals Cyberespionage Campaign Exploiting Monlam Festival to Target Tibetans

(IN BRIEF) ESET researchers have uncovered a sophisticated cyberespionage campaign targeting Tibetans across various countries and territories, leveraging the Monlam Festival, a significant religious event. The operation, attributed to the China-aligned Evasive Panda Advanced Persistent Threat (APT) group, utilized a … Read the full press release

Kuehne+Nagel Strengthens Cross-Border Road Logistics with City Zone Express Acquisition

(IN BRIEF) Kuehne+Nagel has announced its acquisition of City Zone Express, a subsidiary of Chasen Holdings Ltd., expanding its cross-border road logistics services in Southeast Asia and China. City Zone Express, with operations across Malaysia, Singapore, Vietnam, Thailand, and China, … Read the full press release

Global Warming Amplifies Risks: UEA-Led Study Warns of Heightened Climate Threats to Developing Countries

(IN BRIEF) A research program led by the University of East Anglia (UEA) has quantified how climate change risks increase at a national scale with rising global temperatures. Focusing on six countries including Brazil, China, Egypt, Ethiopia, Ghana, and India, … Read the full press release

Climate Change Report: Urgent Adaptation Measures Needed to Stem Rising Economic Losses, Swiss Re Institute Finds

(IN BRIEF) Swiss Re Institute’s latest analysis reveals that climate change is poised to escalate economic losses globally due to severe weather events. The report highlights the vulnerability of countries like the Philippines and the United States, which face significant … Read the full press release

DNV and Renji Hospital Extend Successful Collaboration into Seventh Year, Reinforcing Commitment to Medical Quality Certification

(IN BRIEF) DNV and Renji Hospital in Shanghai proudly announce the renewal of their partnership, continuing their successful collaboration into its seventh year. Renji Hospital’s international department has actively participated in DNV’s International Medical Quality Certification Programme since 2017, aiming … Read the full press release

Maersk Elevates Shanghai as Global Gateway for Less-than-Container-Load Shipments

(IN BRIEF) Maersk, a global leader in shipping and logistics, has designated Shanghai as its new global gateway for Less-than-Container-Load (LCL) shipments, marking a significant shift in the industry’s logistics landscape. Leveraging relaxed local restrictions, Shanghai now serves as a … Read the full press release

BASF Initiates Divestment from Xinjiang Joint Ventures Amid Sustainability Strategy Shift

(IN BRIEF) BASF, in line with its global strategy for 1,4-butanediol (BDO), commenced the process to divest its shares from joint venture companies in Korla, China, due to environmental concerns and evolving market dynamics. The decision follows an assessment of … Read the full press release

Volkswagen Group Appoints Thomas Ulbrich to Lead Technical Development in China

(IN BRIEF) The Volkswagen Group is strengthening its Technical Development Board function in China as part of its “In China, for China” strategy. Thomas Ulbrich, former Member of the Board of Management of the Volkswagen Brand for “New Mobility,” will … Read the full press release

BASF Process Catalysts and Envision Energy Collaborate on Sustainable E-Methanol Production

(IN BRIEF) BASF Process Catalysts has announced a strategic partnership with Envision Energy to advance the conversion of green hydrogen and CO2 into e-methanol through an innovative process design. Leveraging BASF’s cutting-edge SYNSPIRETM catalyst technology, the collaboration aims to optimize … Read the full press release

Airbus Lifecycle Services Centre Opens in Chengdu, China

(IN BRIEF) Airbus has inaugurated its Airbus Lifecycle Services Centre (ALSC) in Chengdu, China, which offers comprehensive solutions to manage the entire lifecycle of an aircraft. This one-stop facility covers activities such as aircraft parking, storage, maintenance, upgrades, conversions, dismantling, … Read the full press release

DAAD Recommends Realpolitik Approach in New Guidelines for Academic Cooperation with China

(IN BRIEF) The German Academic Exchange Service (DAAD) has released guidelines for academic collaboration with China, favoring a realpolitik approach in line with the German government’s China strategy. The guidelines provide three general principles for German higher education institutions dealing … Read the full press release

China-Europe Travel Connections Strengthened Through Hiseas and Chengdu Tourism’s ECTAA Membership

(IN BRIEF) Hiseas International Gmbh and Chengdu Tourism Studies Association have joined the European Travel Agents’ and Tour Operators’ Associations (ECTAA), pledging to enhance travel connections between China and Europe. This partnership aims to streamline operations and improve travel experiences … Read the full press release

Nokia and Honor Sign Patent Cross-License Agreement for 5G and Cellular Technologies

(IN BRIEF) Nokia has entered into a patent cross-license agreement with Honor, a leading player in the Chinese smartphone market. The agreement covers the essential inventions related to 5G and other cellular technologies, and the terms remain confidential. Nokia’s Chief … Read the full press release

Mercedes-Benz Secures Conditional Automated Driving License in Beijing, Paving the Way for Safe and Reliable Automated Driving in China

(IN BRIEF) On December 16, Mercedes-Benz achieved a significant milestone by obtaining conditional approval for its Level 3 conditionally automated driving system in Beijing, becoming one of the first automakers to do so. The automaker plans to conduct tests of … Read the full press release

ANDRITZ Revamps Shandong Huatai Paper’s Production Line, Creating World’s Largest Mechanical Pulping Facility and Boosting Sustainability

(IN BRIEF) ANDRITZ has successfully rebuilt a mechanical pulping line at Shandong Huatai Paper’s mill in China, increasing its capacity from 100,000 to 300,000 t/a, making it the world’s largest mechanical pulping line for printing and writing paper production. The … Read the full press release

DNV and Shandong Shipping Tanker Launch Joint Innovation Studio for Maritime Digitalization and Sustainability

(IN BRIEF) DNV and Shandong Shipping Tanker Co., Ltd (SDST) have announced the establishment of a Joint Innovation Studio to foster collaboration in digitalization and sustainability within the maritime industry. The studio, based at SDST’s Qingdao headquarters, aims to support … Read the full press release

Sika’s Suzhou Technology Center: A Catalyst for Innovation in Sustainable Construction and E-Mobility

(IN BRIEF) Sika, a global leader in construction and automotive solutions, has opened a cutting-edge Technology Center in Suzhou, China. This center, with a substantial double-digit million CHF investment, focuses on sustainable and high-performance technologies for the construction and automotive … Read the full press release

ANDRITZ to Deliver Second P-RC APMP Line to Dezhou Taiding for Pulp Production Expansion

(IN BRIEF) ANDRITZ, the international technology group, has secured an order from Dezhou Taiding New Material Science and Technology Co., Ltd. in China to provide a second chemi-thermomechanical (P-RC APMP) line for their mill in Pingyuan County, Shandong Province. The … Read the full press release

ANDRITZ Successfully Launches Cutting-Edge Fiberline and Lime Kiln Plant in China

(IN BRIEF) International technology group ANDRITZ has successfully initiated operations at a cutting-edge fiberline and lime kiln plant located within Nanning Sun Paper’s pulp and paper mill in Guangxi Province, China. This achievement marks a significant milestone for the project, … Read the full press release

GTT and COSCO Shipping (Qidong) Offshore Ink Deal for Offshore LNG Technology Construction

(IN BRIEF) Paris-based GTT has entered into a Technical Assistance and License Agreement (TALA) with COSCO Shipping (Qidong) Offshore, a subsidiary of China COSCO Shipping Corporation Limited. Under this agreement, COSCO Shipping (Qidong) Offshore gains the rights to construct GTT’s … Read the full press release

Chinese Medical Device Manufacturer Ezisurg Receives MDR Certification for Powered Endoscopic Stapler from TÜV Rheinland

(IN BRIEF) TÜV Rheinland, an international third-party testing, inspection, and certification services provider, has awarded Ezisurg Medical Co., Ltd. its first MDR (Medical Device Regulation) certificate of conformity in Greater China for its “Disposable Powered Endoscopic Stapler and Cartridge.” This … Read the full press release

Barco Announces Full Acquisition of Cinionic’s Premium Cinema Solutions Business, Strengthening Global Cinema Industry Presence

(IN BRIEF) Barco, a prominent player in the global cinema industry, has finalized an agreement to fully acquire Cinionic’s premium cinema solutions business in collaboration with China Film Equipment Co., Ltd. (CFEC). This strategic move underscores Barco’s commitment to the … Read the full press release

Maersk and Goldwind Sign Groundbreaking Green Methanol Offtake Agreement for Sustainable Shipping

(IN BRIEF) A.P. Moller – Maersk has entered into an offtake agreement with Goldwind, a leading global clean energy developer, marking a significant milestone in the global shipping industry’s adoption of green methanol. This long-term agreement extends into the next … Read the full press release

Merck Expands Biologics Testing Center in China to Support Local Biopharma Innovation

(IN BRIEF) Merck has completed the second phase of its new €29 million Biologics Testing Center in China, adding 1,500 square meters to the facility. This expansion includes the first biosafety laboratories for Merck in the Chinese market, enabling clients … Read the full press release

ZF Unveils Innovative Mobility Solutions at ‘Next Generation Mobility Days’ in Shanghai

(IN BRIEF) ZF, the technology company, showcased its cutting-edge technology portfolio to over 600 representatives from around 40 Chinese automobile manufacturers during its “Next Generation Mobility Days” event in Shanghai. The event featured driving demonstrations and technical discussions, where customers … Read the full press release

Maersk’s Omnichannel-Fulfillment Powers Double Eleven Retail Success with 8.15 Million Orders Processed

(IN BRIEF) Maersk, a global leader in integrated logistics, has showcased its Omnichannel-Fulfillment (OCF) capabilities during China’s Singles Day (Double Eleven) shopping festival, supporting 56 key clients across 16 OCF sites in China. Maersk’s team successfully managed 8.15 million outbound … Read the full press release

Arkema Showcases Sustainable Coating Solutions at Chinacoat 2023

(IN BRIEF) Arkema, a global leader in specialty materials, is set to exhibit its innovative and sustainable coating solutions at Chinacoat 2023 in the Shanghai New International Expo Centre (SNIEC) from November 15th to 17th. The company is committed to … Read the full press release

Will Semiconductor Lists GDRs on SIX Swiss Exchange, Raising Nearly $445 Million

(IN BRIEF) Will Semiconductor Co., Ltd., a Chinese company, has successfully listed its Global Depository Receipts (GDRs) on the SIX Swiss Exchange. The offering involved 31,000,000 GDRs at an offer price of USD 14.35 per GDR, with each GDR representing … Read the full press release

Leading Pulp Producer Södra and Lenzing Win ITMF Award for Circular Textile Innovations

(IN BRIEF) The Lenzing Group and Swedish pulp producer Södra have received the ITMF Award 2023 in the “International Cooperation” category for their collaborative efforts in textile recycling and the circular economy. This recognition was presented at the ITMF Annual … Read the full press release

Metso Secures EUR 13 Million Orders for Anode Casting Shops from Copper Producers in Japan and China

(IN BRIEF) Metso has announced that it has received orders for three Outotec Anode Casting Shops from significant copper producers in Japan and China, with a total order value of EUR 13 million. These orders further strengthen Metso’s position as … Read the full press release

ViiV Healthcare Receives Chinese Approval for Long-Acting HIV Treatment Vocabria and Rekambys

(IN BRIEF) ViiV Healthcare has received approval from China’s National Medical Products Administration (NMPA) for Vocabria (cabotegravir) in combination with Rekambys (rilpivirine), marking the first complete long-acting HIV-1 injectable treatment in China. This approval allows people living with HIV in … Read the full press release

Arkema Doubles Capacity for Sartomer® UV/LED Curing Resins in Nansha Facility Expansion in China

(IN BRIEF) Arkema has commenced production of Sartomer® specialty UV/LED curing resins at its recently expanded facility in Nansha, China, effectively doubling its production capacity. This expansion aims to support the development of sustainable solutions for rapidly growing applications in … Read the full press release

AstraZeneca: Soliris Gains Approval in China for Rare Neuromyelitis Optica Spectrum Disorder (NMOSD) Treatment

(IN BRIEF) Soliris (eculizumab) has received approval in China for the treatment of adult patients with neuromyelitis optica spectrum disorder (NMOSD) who are anti-aquaporin-4 (AQP4) antibody positive (Ab+). This makes Soliris the first and only complement inhibitor approved for NMOSD … Read the full press release

Yueyang Forest & Paper to Achieve Sustainability Goals with ANDRITZ Fiberline Project

(IN BRIEF) ANDRITZ, a global technology group, is relocating and upgrading a fiberline for Yueyang Forest & Paper to produce premium-quality fibers for its advanced paper machine. Originally supplied in 2011, the fiberline will now be moved to Yueyang city, … Read the full press release

GSK Forms Exclusive Partnership with Zhifei to Promote Shingrix Vaccine in China

(IN BRIEF) GSK plc has announced an exclusive agreement with Chongqing Zhifei Biological Products, Ltd. (Zhifei) to co-promote GSK’s shingles vaccine, Shingrix, in China for an initial three-year period, with the potential for extension. Zhifei, China’s largest vaccine company by … Read the full press release