German automotive manufacturer Daimler has acquired 12% stake in the passenger car unit of its Chinese partner Beijing Automotive Group (BAIC) for $875m. The acquisition will help the company in expanding presence in the world's biggest ...
Tags: Daimler, automotive manufacturer, BAIC
German carmaker Audi has opened a Research & Development (R&D) Center in Beijing, China to strengthen its innovations in Asian region. The center is spread across an area of 8,000sqm and houses aboratories, prototype and R&D workshops. ...
Tags: carmaker, Audi, R&D Center
Beijing V emission standard has been officially put on Jan. 1st and a large number of cars that comply with the standard enter Beijing market. Nevertheless, there was a shortage of China’s own brand. Beijing V emission standard is ...
Tags: Beijing V emission standard, auto industry, gasoline vehicles, emission
It’s reported that China Iron and Steel Association pointed out that its 80 member enterprises in China realized net profits of RMB1.581 billion in 2012, slumping by 98.22% from a year ago. In 2012, the 82 member enterprises posted ...
Tags: CISA, net profits, 2012
Hubei Province-based Chinese technology company WISCO Engineering Technology Group Co., a subsidiary of major Chinese steel producer Wuhan Iron and Steel (Group) Co. (WISCO), has signed an agreement with Taiwan-based China Ecotek Co., a ...
Tags: WISCO, steel producer, CSC
Reportedly China’s Iron and Steel Association (CISA) said that it would support Brazil’s Vale docking its giant Valemax ore carriers at China if that would lead to decreases in iron ore costs for its members. Zhang Changfu, ...
Tags: CISA, iron ore costs, iron ore market
TSMC Solar Ltd, which was founded in May 2009 as a subsidiary of the world’s biggest silicon wafer foundry Taiwan Semiconductor Manufacturing Co Inc (TSMC), has announced confirmation by both TUV SUD and Underwriters Laboratories (UL) ...
Tags: TSMC Solar, TUV SUD, UL, photovoltaic module
Shagang Group, a Jiangsu Province and also the Largest Private Steel Enterprise in China has commissioned China Metallurgical Group Corporation (MCC) to build new continuous pickling line No.1 & No.2 for expansion. These two units of new ...
China's economic growth slowed down in 2012, and the growth rates of shipbuilding, construction steel structure, oil and gas pipeline industries decreased to varied extent, thus causing the weakened demand for welding & cutting equipment. ...
Tags: China, Inverter Welding and Cutting Equipment Industry, 2012
Russian pipe producing company United Metallurgical Company (OMK) has stated that in the first half of 2013 it will supply 125,000 mt of large diameter (LD) steel pipes for the construction of the Central Asia-China gas pipeline project. ...
On February 1, Zhejiang Province-based Chinese special steel producer Juili Special Material Technology Co., formerly known as Jiuli Stainless Steel Pipe Co., announced that it plans to invest RMB 6 million ($955,000) to establish a ...
Tags: Special Material, steel producer, Stainless Steel Pipe
Chinese buyers needing coal promptly would have to pay higher prices currently due to supply constraints created by weather-related disruptions in both Indonesia and Australia, sources said Thursday. "People who have been caught short ...
Tags: coal, thermal coal, Asia
It was assessed by SunSirs that in the tracked 100 spot commodities,30 commodities increased in prices, 13 fell and 57 remained unchanged on 31/01/2013.The largest rises were Nickel (1.57%),Silver (1.24%),Zinc (0.72%),while the largest ...
Tags: China, Spot Commodities Price, chemicals
ZTE and China Mobile have successfully tested carrier aggregation, and achieved peak download speed of 223Mbps in the Chinese operator's LTE TDD network. Carrier aggregation is one of the technologies that will be used to increase ...
Tags: ZTE, China Mobile, LTE TDD network
China Quality Certification Centre (CQC) has modified Energy Conservation and Environmentally-friendly Certification Rules for Household Range Hood (CQC61-448151-2012). The details are as follows. 1. Apply for energy conservation and ...
Tags: certification, Certification Rules, Service, Range Hood Certification