On May 25-26, the APEC Ministers Responsible for Trade Meeting will take place in Port Moresby, Papua New Guinea, with the goal of helping secure economic growth for the future in all of Asia-Pacific.
China Tender and Business News
GAC Motor, currently the fastest-growing car maker in China, just established GAC Motor International Company to help manage GAC Motor's rapidly-expanding overseas businesses.
Kaiam, a manufacturer of advanced data center optical transceivers headquartered in Newark, California, and Broadex, a supplier of optical modules located in Jiaxing, Zhejiang Province, China, have entered into a partnership agreement where Broadex would manufacture and supply high-end transceivers into the China market.
The Guangzhou Lottnal Terminal Company Limited, a subsidiary of China LotSynergy Holdings Limited, has been awarded bids for the sports lottery computer-generated ticket games (CTG) terminal procurement for Hunan and Guangxi.
Ctrip Group, China’s Online Travel Agency announces its collaboration with a global hospitality brand, Hyatt, based in Illinois to open its first flagship store on its website and mobile application.
California fitness equipment brand Merach has entered the Chinese market with the opening of its new branch office in Hangzhou, China.
At an international forum on people-first PPP held in Geneva recently, Gu-an New Industry City Public-Private Partnership (PPP) was selected as one of 60 UN sustainable development PPP cases -- and the only urban comprehensive development case among China's five projects.
The Dow Chemical Company, an American multinational chemical corporation, announced the official opening of its coating materials plant in Sichuan, Western China.
Dutch paints and coatings company AkzoNobel has been named as the recommended supplier of automotive paint refinishes for Mercedes-Benz China, the Chinese unit of German luxury auto brand Mercedes-Benz.
Shanghai-based GLP is betting on China's Belt and Road strategy to expand trade by establishing its first fund investing outside of real estate. It is the RMB 10 billion (US $1.6 billion) Hidden Hill Modern Logistics Private Equity Fund.
Datong, China, a hub of tourism exploring the ancient days of China, is using Big Data to analyze how tourism moves and thrives within the area. On April 26, it released its first Tourism Development Index, in conjunction with the China Economic Information Service (CEIS) of Xinhua News Agency.
On May 10, China set its first train in motion along a newly-opened trade route connecting Bayannur in the Inner Mongolia Autonomous Region to Iran’s capital, Tehran. It also appears the launch was timed to happen just as President Donald Trump announced its pullout from the Iran nuclear weapons agreement – and imposition of tough sanctions.
Litmus Automation, an Industrial Internet of Things platform provider based in Canada, announced a collaboration with AMAX Global Services, a developer of software located in Canada, to deliver IIoT solutions in the greater China region.
Valvoline Inc., a global supplier of premium branded lubricants and automotive services based in Lexington, Kentucky, is planning to build its first plant in China.
Singapore gold ore mining company CNMC Goldmine Holdings has entered into a strategic partnership with Shandong Xinhai Mining Technology and Equipment, a Chinese manufacturer of mineral processing and mining equipment.
Abengoa, a Spanish technology and engineering company, has been selected to provide the technology and engineering for two solar thermal projects in the People’s Republic of China.
Employee engagement in China has surged another 2 points this year, putting it at 69%. This is according to a new report from Aon, a London-based global professional services firm providing a broad range of risk, retirement and health solutions.
Chinese solar power systems provider JA Solar Holdings Co., Ltd. has won a contract to provide 8.1MW of its high-efficiency mono PERC modules to its first Brazilian solar power plant customer using this technology.
NetEase Cloud Music, a major music platform in China, has signed a licensing arrangement to launch the popular Korean music band BTS' repertoire of songs on the platform.
Synergy Group Holdings International Limited, a Hong Kong based energy saving and management solutions provider, is consolidating vertically via its 23.6% equity investment in Invinity Energy Group Limited, which has mining interests in battery-grade vanadium.
Thales Group, headquartered in France, has been running its Project Arduino, a campus competition which allows university students to build innovative solutions or products which support Thales' core business, for some time. It just announced the winner of its China Region competition, who will go on to compete for the global award.
China Automotive Systems, Inc., a power steering components and systems supplier in China, has established a new joint venture with KYB (China) Investment Co., Ltd. ("KYB") for the development and production of electric power steering systems ("EPS") and other auto-related products.
The Asian Infrastructure Investment Bank (AIIB), based in Beijing, announced on May 3 that it had approved Kenya and Papua New Guinea as the latest countries to join its institution. For both, it means improved access to global development infrastructure capital.
BATCAR, a Chinese luxury car rental business, was just launched by China Commercial Credit Inc. to provide mobility and business services to the country's high net worth customers.
Fluence Corporation, a wastewater treatment company in New York, has secured a contract from the Changping District, China for the purchase of an AspiralS1 smart-packaged MABR-based solution for use in a municipal wastewater treatment plant.