Companies
Sinograin eyes high-tech to ensure food supply2020-10-23
China Grain Reserves Group Ltd (Sinograin), the country's largest grain storage and transportation company, pledged to apply more digital technologies and enhance cross-industry cooperation during the 14th Five-Year Plan (2021-25) period to help ensure national food security, said its top executive.
Alibaba's Cainiao to cooperate with Atlas Air to enhance logistics capability2020-10-21
Alibaba's Cainiao Smart Logistics Network Limited, one of China's courier giants, signed a cooperation agreement Tuesday with American freight transport airline Atlas Air Worldwide Holdings, Inc. to enhance its logistics network.
Alibaba acquires controlling stake in hypermarket chain Sun Art2020-10-20
Chinese e-commerce giant Alibaba Group on Monday announced that it will invest approximately 3.6 billion U.S. dollars to acquire control of Sun Art Retail Group Ltd., a leading hypermarket and supermarket operator in China.
Takeda Pharma doubles down on China play2020-10-20
Takeda Pharmaceutical Co Ltd, a Japanese drugmaker, will introduce more than 15 innovative drugs in the Chinese market in the coming five years, company executives said.
Xiaomi plans new intelligent factory to make 10m smartphones annually2020-10-15
Xiaomi Corp is building a next-generation, completely-unmanned automated factory that can make over 10 million smartphones every year, to make further inroads into the high-end market and hone its smart manufacturing capabilities, according to a top company official.
CNOOC looking to sharpen focus on offshore renewable energy ventures2020-10-15
Offshore oil and gas major China National Offshore Oil Corp has pledged to spend 3 percent to 5 percent of its annual budget on the offshore wind power sector after its first offshore wind power project was connected to the grid and began generating power recently.
Huawei, Guizhou to deepen partnership in big data area2019-05-28
Huawei Technologies Co will deepen its partnership with Guizhou province in digital governance, data centers and smart city projects, as the Chinese tech heavyweight leverages the southwestern province's resources and booming big data industry to lower costs and fuel growth.
Huawei reportedly gets nod to help build British 5G network2019-04-25
The United Kingdom has given the green light to Chinese telecom giant Huawei Technologies Co to help build the country's next generation mobile communication technology network, said the Daily Telegraph newspaper.
China's Fosun expected to bid for UK travel firm2019-04-23
Chinese conglomerate Fosun International is considering a bid for all or part of United Kingdom-based travel company Thomas Cook, according to reports.
ExxonMobil inks supply deal with Zhejiang Energy for 1m tons of LNG2019-04-23
US-based ExxonMobil Corp announced a sales and purchase agreement with Zhejiang Provincial Energy Group for liquefied natural gas supply on Monday, under which Zhejiang Energy is expected to receive 1 million metric tons of LNG annually over 20 years.
Cargill to boost Jilin corn processing unit2019-04-23
Cargill Inc, the US-based agricultural conglomerate, will invest $112 million to expand the capacity of its corn processing facility in Songyuan in northeastern China's Jilin province, its global head said on Monday.
Amazon to shift focus of its business in China2019-04-19
US-based tech giant Amazon.com Inc plans to shut down its third-party seller services on its Chinese online marketplace in July as it shifts its focus to the more lucrative businesses of cross-border e-commerce, cloud services and e-reader devices in the country.
Chinese company signs new contract to build Moscow metro line2019-04-17
China Railway Construction Corporation Limited (CRCC) signed a contract with a local company on Tuesday to build a section of a subway line in southwest Moscow.
Short-video site TikTok expresses ‘confidence’ as it faces ban in judicial India2019-04-16
Chinese short-video platform TikTok on Tuesday expressed confidence in India's judicial system, after India's Supreme Court refused to stay a lower court order to ban the Chinese app from the Indian market.
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