Government News
China's SPDB Financial Leasing delivers very large Ethane Carrier Vessel to Shandong Marine - May 28, 2025
SPDB Financial Leasing Co., Ltd, a subsidiary of Chinese lender SPDB, has named a Very Large Ethane Carrier (VLEC) in Jiangnan Shipyard. The vessel will be delivered to Pacific Gas (Hong Kong) Holdings Limited which is a subsidiary of Shandong Marine Group in June.
Chinese lidar maker Hesai narrows first-quarter loss 84% as sales more than triple - May 28, 2025
Hesai Group’s loss shrank 84 percent in the first quarter from a year ago, as sales of the Chinese firm’s three-dimensional light detection and ranging sensors more than tripled.
Chinese auto electronics firm Keboda to acquire Europe plant by buying IMI Czech Republic - May 28, 2025
Keboda Technology, a Chinese manufacturer of automotive electronics, said it will buy Integrated Micro-Electronics Czech Republic for EUR9.4 million (USD10.7 million) so as to quickly acquire a European factory and thereby ease the impact of international trade uncertainty.
UK remains open and fair to Chinese firms, business Council chief says - May 28, 2025
China and the United Kingdom enjoy complementary strengths, and the UK remains open and fair to all Chinese firms seeking to enter its market, according to Peter Burnett, chief executive of the China-Britain Business Council.
Shanghai unveils plans for intl business cooperation zone - May 28, 2025
The detailed development plan for the Shanghai Eastern Hub International Business Cooperation Zone has been officially approved, China (Shanghai) Pilot Free Trade Zone Administration's bonded area bureau announced on Monday.
Cultural activities galore in Jing'an as May draws to a close - May 27, 2025
After a 10-month renovation, the historic Majestic Theater in Jing'an reopened on May 21 with the China premiere of West End musical "SIX." The show, part of its "See You in Shanghai" residency series, will run for eight weeks.
Shanghai develops framework to regulate virtual power plants - May 27, 2025
As China is banking on virtual power plants (VPPs) as a crucial tool to enhance the flexibility of its power grids, local grid companies across the country are stepping up efforts to develop VPPs to accelerate the integration of renewable energy sources.
Cast aluminium alloy to debut in China's futures market - May 27, 2025
The China Securities Regulatory Commission has recently granted approval to the Shanghai Futures Exchange (SFE) for the registration of cast aluminium alloy futures and options, heralding the imminent debut of the first recycled metal in China's futures market.
Osaka Exchange debuts Shanghai natural rubber futures - May 27, 2025
The Osaka Exchange has listed Shanghai natural rubber futures, marking a milestone in financial market cooperation between China and Japan.
Hygon and Dawning combine to boost China's chip-to-server ecosystem - May 27, 2025
Shanghai-listed Hygon Information Technology and Dawning Information Industry Company announced a strategic merger valued at over 400 billion yuan (US$55.6 billion) on Monday.
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