One-line news
May-12-2014 By : agxadmin
- Zhu Changlin, Director of the North China Grid Co, has been taken away for questioning. The company runs the power utilities of Beijing, Tianjin, Hebei, Shanxi and Shandong. State Grid Corp is in the process of being audited by the central government.
- Utility models and collective management of rights will be among the issues of the upcoming Sino-EU efforts in intellectual property, said Kerstin Jorna, Director of Intellectual Property Directorate at the European Commission.
- In 2013, overseas milk powder brands had a 54% market share in terms of sales revenue. Beingmate, China’s largest milk powder maker, only had 8.5% of the market, dwarfed by the 13.3% of Wyeth and 14.5% of Mead Johnson.
One-line news
May-25-2012 By : agxadmin
- China is to strengthen rules covering irregular charges in the telecommunications industry this year, including hidden charges, exaggerated advertising claims and abuse of monopoly positions, said the Ministry of Industry and Information Technology (MIIT). Users find they are often charged for “value-added” services they have not subscribed to.
- China launched two satellites to become part of the Beidou global navigation and positioning network. It was the first time the nation successfully launched two navigation satellites on one rocket into a medium-high earth orbit of about 20,000 kilometers. The Long March-3B rocket, carrying the network’s 12th and 13th satellites, was launched from the Xichang Satellite Launch Center in Sichuan. China will launch three more satellites for the network this year. By 2020, Beidou will have more than 30 satellites, allowing it to compete with the GPS system operated by the United States.
- 482 people suspected of being involved in a major transnational telecom scam were seized by law enforcement officials from the Chinese mainland and Taiwan with the help of police in six countries. 177 are from the Chinese mainland and 286 from Taiwan, the Ministry of Public Security said. The other 19 suspects are from Thailand and Myanmar. They are suspected of having stolen more than CNY73 million in 510 cases of telecom fraud in China.
One-line news
Jun-17-2011 By : Gwenda
• Capgemini, Europe’s biggest IT and consulting service provider, is seeking merger and acquisition opportunities in China. Capgemini’s revenue in China will grow at least 20% year-on-year this year, Gilles Taldu, Capgemini’s head of new business, told Shanghai Daily. The company aims to expand in the Chinese market to compete with rivals like IBM and McKinsey. Capgemini entered China in 1997.
• Shanghai has established a complete radio frequency identification (RFID) industry chain, from chips to assembly and testing. RFID is widely used in urban infrastructure construction, transport, logistics, retail and other sectors. The city has established a special industry base in Zhangjiang and is offering favorable policies, according to Wang Dong, Director of the Shanghai Zhangjiang RFID Test Center and Professor at Shanghai Jiao Tong University.
• The Ministry of Industry and Information Technology (MIIT) issued a top-100 list of Chinese electronics and information technology companies, with Huawei in first place, followed by Legend Holding and Haier Group. The list is based on the companies’ revenue. The combined business revenues of the 100 companies totaled CNY1.5354 trillion in the past year, up more than 20% from the previous year.
• U.S.-based information technology research and advisory company Gartner aims to triple its revenue in the Chinese market to USD30 million by 2013, according to the company’s China President Daniel Shieh. The company aims to double sales in China this year and hopes the market will contribute more than 60% of its revenue in the Asia-Pacific region by 2013, up from the present 20%. Gartner expects to have up to 30 salespeople in China by the end of this year — a sevenfold increase over last year.
One-line news
May-19-2011 By : Gwenda
The Chinese government has approved a development plan called the Zhongguancun National Innovation Demonstration Zone (2011-2020) that allows companies in the Zhongguancun area of Beijing to try out new measures and pilot projects. The plan includes a drive to boost the total revenues of companies in Zhongguancun to CNY10 trillion in 2020 from CNY1.55 trillion last year and is designed to help the area become one of the world’s most famous technology hubs.
- KURT VANDEPUTTE (UMICORE) APPOINTED CHAIRMAN OF THE BOARD OF THE FLANDERS-CHINA CHAMBER OF COMMERCE (FCCC)
- Webinar: “Knowing Your Chinese Partner” – May 26, 2021, 10 am – 12 am
- EMA starts rolling review of CoronaVac, WHO approves Sinopharm vaccine for emergency use
- The Global Times warns not to politicize the Comprehensive Agreement on Investment (CAI)
- Hainan to become biggest duty-free market in the world