Visit of H.E. Mr Jan Hoogmartens, Ambassador of Belgium to the People’s Republic of China to Esco Couplings Jinan
Jan-12-2021 By : fcccadmin
First row center: Ambassador Hoogmartens; far left: FIT Representative Mr Marc Struyvelt; second row, second from the left: Mr Zhang Chi, Chief Representative of the Province of East Flanders and Ghent University.
H.E. Mr Jan Hoogmartens, Ambassador of Belgium, visited Esco Couplings (ECl) with his delegation in December. He visited the facilities and talked with the company’s management about Esco’s development in China and the challenges it is facing at present. The company had a fruitful year 2020 and will move to new premises after the Chinese New Year as the Jinan airport authorities want to use the current premises for expansion. This year the company will celebrate its 10th anniversary of manufacturing, selling and servicing couplings for the Chinese railway market. The couplings are placed between the electric motor and the gearbox on electric rolling stock. More than one in two metro trains manufactured in China is equipped with Esco couplings.
Mr Marc Struyvelt, Representative of Flanders Investment & Trade in Beijing and Mr Zhang Chi, Chief Representative of the Province of East Flanders and Ghent University participated in the visit.
Linklaters: COVID-19: Key attention points regarding Belgian company law and disclosure
Apr-01-2020 By : fcccadmin
The Covid-19 crisis is raising unprecedented legal questions for companies throughout the world. We have put together a checklist summarising the main points of attention under company law, for both listed and non-listed companies, related to the impact of Covid-19. Please click here to access it. We are advising a number of companies on those issues and will be happy to answer any questions you may have: feel free to reach out to your usual contacts at Linklaters.
Felix Europe donates protective clothing to hospitals in East-Flanders
By : fcccadmin
Mr. Tom Zhou, Felix Europe BVBA, donates more than 1000 medical protective clothing to hospitals in the Province of East-Flanders
The Province of East-Flanders and the Flanders-China Chamber of Commerce facilitated the donation to combat the Covid-19 virus.
Mr. Tom Zhou, born in Weihai, Shandong province, and living in Belgium, is General Manager of Felix Europe BVBA, exporter of quality goods from Europe to China. The company donated more than 1,000 medical protective overalls to multiple hospitals in Flanders e.g. UZ Gent, Maria Middelares, Sint-Vincentius Hospital Deinze and A.S.Z Hospital Aalst to support the fight against the Covid-19 virus.
The overalls are produced by the Chinese No. 1 manufacturer, Dishang Group in Shandong province.
One of the emerging industries in the city of Weihai is the medical & healthcare industry. The core industries of Weihai are machinery, food, transportation equipment, textiles and garments, medicine and medical devices, electronics and new materials.
The Flanders-China Chamber of Commerce and the City of Weihai have a longstanding cooperation agreement. The city has major investments from several member companies such as those from Bekaert, Beaulieu Technical Textiles Beaulieu Fibres & Yarns.
www.flanders-china.be – gwenn.sonck@flanders-china.be
https://oost-vlaanderen.be/ – nausikaa.lagrou@oost-vlaanderen.be
Geely and Volvo to merge their engine operations
Oct-15-2019 By : fcccadmin
Geely Auto and Volvo Cars are planning to merge their engine operations into a stand-alone business unit, which will pool resources to create greater synergy between them and facilitate their electrification campaigns, according to parent company Zhejiang Geely Holding Group. The proposed new unit, which is still subject to diligence and approval, will develop and produce more efficient engines and hybrid powertrains for vehicles under all brands across the group as well as other automakers, the company said. The move will increase synergies for both Geely and Volvo in research and development (R&D), manufacturing, procurement, and operations and thus improve efficiency and cut costs.
Currently Volvo makes over 600,000 vehicles a year, while Geely produces about 1.5 million. Combined they have 8,000 people working on combustion engine operations, including research and development (R&D), procurement, manufacturing, IT and finance functions. The group said there would be no reduction in the workforce due to the merger. An Conghui, President of the group, said the company is committed to full electrification, but it will continue to increase investments in the development of highly efficient combustion engines and hybrid systems. Geely is one of the first Chinese carmakers to develop the 48-volt mild hybrid system, believing that China will be a major market for such technology.
Geely said models featuring the latest-generation hybrid system are expected to hit the market in 2022. The Chinese company has been ramping up investment in R&D over the years. In the past decade, it has spent over CNY100 billion in R&D. So far it has established five major R&D facilities, employing up to 20,000 engineers. Last year, its R&D expenditure totaled CNY21 billion, accounting for 6.4% of its total revenue in the year, which is roughly the same proportion as international automotive groups. Volvo said the stand-alone engine unit will enable it to focus on developing fully electric premium vehicles. Volvo, which Geely acquired from Ford in 2010, expects half of its global sales to be electric vehicles by 2025, and the other half will be hybrids, the China Daily reports.
FCCC Chairman meets Weihai Party Secretary Wang Luming
Sep-24-2019 By : fcccadmin
On 12 September, Mr.Stefaan Vanhooren, CEO of Agfa Graphics Asia and Chairman of the Flanders-China Chamber of Commerce (FCCC) met with Wang Luming, Secretary of the Municipal Party Committee of Weihai, Shandong province; Zhang Tao, General Manager of Le Kai Huaguang Printing Technology Co; Hou Shichao, Member of the Standing Committee of the Weihai Municipal Party Committee and Secretary-General of the Committee; and Zhou Yongdi, Vice Mayor of Weihai.
The Weihai Daily reported that Mr. Stefaan Vanhooren is full of confidence in investment and cooperation in Weihai. He said that Agfa would regard Weihai as the best choice for enterprises to invest and develop in China, and start the project as soon as possible, so as to achieve a mutually beneficial and win-win situation through pragmatic cooperation.
- 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