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Scavolini, new showroom in Shanghai. China is increasingly strategic
The success of Italian kitchens in China, confirmed by Snaidero's recent joint venture with the major Chinese importer of European products, led Scavolini to accelerate its presence in China.
China's manufacturing PMI edges down
The composite purchasing managers' index (PMI) of China stood at 53.3 in May, down 0.1 percentage point from the previous month, as the country's corporate business activities remained basically steady, according to data from the National Bureau of Statistics (NBS).
China tightens control over manufacturing, selling of drugs through legislation
China has tightened control over the production and sale of drugs in revisions made to an amendment of the Drug Administration Law.
China's smartphone shipments down 4.1 pct in March
China's smartphone shipments fell 4.1 percent year on year in March to 26.94 million units, data from the China Academy of Information and Communications Technology (CAICT) showed.
Runtime of world's first megaton coal direct liquefaction equipment sharply extended
The operation time between overhauls for the world's first megaton coal direct liquefaction equipment has been extended from the designed 310 days to over 400 days.
Revenue of electronic information manufacturing industry up
Revenue of China's electronic information manufacturing industry rose 3.3 percent year on year in the first two months of 2019.
China textile overseas investment flows to BRI region
Countries and regions along the Belt and Road Initiative (BRI) have become major destinations for China's overseas investment in the textile sector, an industry association has said.
Taiwan's manufacturing contracts for 5 consecutive months
Taiwan's manufacturing activity contracted for the fifth consecutive month in March, according to the latest purchasing managers index (PMI) reading by the Chung-Hua Institution for Economic Research (CIER) Monday.
China to maintain high pressure on steel overcapacity
China will conduct a random inspection among provincial regions that are prone to illegal steel production activities this year, an official said Saturday.
China's Gree vows to further expand U.S. market
Gree, a leading appliances manufacturer in China, has announced plans to further expand the U.S. market.
China's manufacturing activities expand faster in March
The purchasing managers' index (PMI) for China's manufacturing sector came in at 50.5 in March, up from 49.2 in February, the National Bureau of Statistics (NBS) said Sunday.
Weichai Power net profit up 27 pct in 2018
Weichai Power Co., Ltd., a leading Chinese powertrain producer, Tuesday posted a 27.2 percent year-on-year growth in net profit for 2018.
Taiwan sees mixed outlook for manufacturing, service sectors
Manufacturers in Taiwan expected their business outlook to improve slightly in the coming six months, while the service sector saw a lukewarm future in the same period, indicated the latest readings by Taiwan Institute of Economic Research (TIER) Monday.
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