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French chemical firm Rhodia yesterday launched its global R&D center project in the city's Xinzhuang Industrial Zone. We have set up 18 operations in Asia, including 13 in China, but we have no R&D facility to serve them, said Jean-Pierre Clamadieu, chairman and CEO of Rhodia. The center, costing 6.5 million euros in investment, contains 3,000 sq m ...
EXFO Electro-Optical Engineering Inc, a leading telecommunications test and measurement solution provider, opened its first manufacturing plant outside its headquarters yesterday in this southern hi-tech hub. The Quebec City, Canada-based firm has recognized China, a booming exporter with generous investments in the telecom sector, as the most importan...
Encouraged by last year's robust sales and anticipating a long-term sustainable development of the China market, Bosch Group, a global supplier of automotive technology and services, yesterday said it would pump another 850 million euros into China. The positive business development encourages Bosch to invest more in China, said Peter Pang, president o...
The 103rd China Import and Export Fair, the largest yet, recorded 25.43 billion U.S. dollars worth of export deals during its first session, which ended on Sunday. That was a rise of 1.8 percent from the previous session of the fair in October, said Xu Bin, spokesman of the fair. Long called the Canton fair, it was a biannual export-promotion even...
Prices indices of fixed-asset investment rose 8.6 percent year-on-year in the first quarter, said the National Bureau of Statistics (NBS). This NBS report represents for the first time that fixed-asset investment prices indices were reported on a quarterly basis; previously, the index was calculated once a year. Driven by rises of building materia...
The Hannover Fair, the world's principal annual exhibition for makers of industrial machinery, marked its 60th anniversary when it opened in the west German city of Hannover Monday. More than 5,100 companies from 62 countries and regions are participating in the event, which runs till April 25. Japan, this year's special guest, sent some 150 compa...
Ikea plans to pour in around $60 million to set up a retail outlet in Tianjin, aiming to cash in on the fast development of the coastal municipality. The home furnishing retailer has inked a primary deal with Tianjin Dongli district, and the construction of its Tianjin outlet may kick off this summer, Ian Duffy, president of IKEA Asia-Pacific, told Chi...
Hong Kong's total goods exports grew 84.6 percent from 1.456 trillion HK dollars (187 billion U.S. dollars) in 1997 to 2.688 trillion HK dollars (345 billion dollars) last year, according to the April issue of Hong Kong Monthly Digest of Statistics released Monday. Published by the Census and Statistics Department, the document said the value of Hong ...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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