China’s economy showed continued signs of recovery in October, bolstered by a series of incremental policy measures aimed at boosting market confidence, according to key economic data released by the National Bureau of Statistics (NBS) on Friday. Industrial output, a key indicator of activity in manufacturing, mining, and utilities, grew by 5.3% in October compared […]
Fortive Corp, a global industrial technology company, is ramping up its investments and localization efforts in China, particularly targeting the manufacturing, energy, and electric vehicle (EV) sectors. This move is aimed at capitalizing on China’s rapidly evolving consumer market and its ongoing industrial transformation, according to a company executive. Expanding in Key Sectors Jasper Ang, […]
Officials and industry experts gathered at the 29th Asian EXIM Banks Forum annual meeting in Shanghai have called for stronger cooperation among Asian Export-Import (EXIM) banks to drive economic growth and address major regional challenges. The focus of the discussions was on overcoming global uncertainties, fostering the green transition, and enhancing collaboration on trade digitalization […]
China’s centrally-administered State-owned enterprises (SOEs) have significantly contributed to the nation’s technological advancements, investing over 1 trillion yuan (approximately $139 billion) annually in research and development (R&D) over the past two years, according to a recent report by the State-owned Assets Supervision and Administration Commission (SASAC). The report, which highlights the progress of SOEs in […]
Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest electric vehicle (EV) battery maker by installation, is open to building a manufacturing plant in the United States, provided that President-elect Donald Trump facilitates Chinese investment, according to media reports. In an interview with Reuters, CATL’s founder and chairman, Robin Zeng, revealed that the company had […]
In the flood-prone regions of western Kenya, farmers like Francis Mayobo are finding hope through an innovative solution: bamboo. For decades, Mayobo’s farm along the Nzoia River, which flows from Kenya’s northwestern highlands into Lake Victoria, was repeatedly devastated by floods, destroying his crops and pushing him to the edge of poverty. But four years […]
China to Strengthen Global Cooperation, Create Development Opportunities for All: Diplomat Li Hongwei At the First Asia-America-Europe Business Cooperation Development Forum in Bali on November 3, Li Hongwei, Minister Counsellor at the Chinese Embassy in Indonesia, emphasized China’s commitment to accelerating its modernization process, which, he said, will create more development opportunities for countries worldwide. […]
Shanghai-based Commercial Aircraft Corporation of China (COMAC) has secured a series of new orders for its domestically developed aircraft at the 15th China International Aviation and Aerospace Exhibition (Zhuhai Airshow), marking a significant milestone in the industrialization and commercialization of China-made aircraft. The exhibition, which kicked off on Tuesday and will run through Sunday in […]
The HR profession is undergoing a silent revolution one not driven by new labour laws or compliance mandates, but by artificial intelligence. The debate is no longer whether AI belongs in HR. The question now is: how intelligently are we using it?What was once considered an experimental add-on has become a core operational necessity, especially […]
November 12, 2024 — China’s Singles Day shopping festival, the world’s largest online shopping event, has once again proven to be a key driver of the country’s economic recovery, particularly in the consumer electronics and home appliance sectors. This year’s event, which began in mid-October and reached its peak on November 11, saw a surge […]
