The 25th World Union of Wholesale Markets Congress and Expo is expected to
kick off in Beijing on September 3, the first time for the biennial global
wholesale industry event to be held in an Asian city. This year's four-day event
has attracted over 100 international wholesalers and a group of veteran
wholesale and logistics experts who will present their services, technologies
Silicon Valley meet
"China, Globalization, and the Shifting Global Power Equation" conference
will be held in the Silicon Valley on May 2 to discuss the impact of
globalization of Chinese companies. Executives from top Chinese companies
including Lenovo and NetEase.com as well as US firms such as Yahoo! and McAfee
will exchange their views at the meeting. Organized by Hua Yuan Science and
Technology Association, the conference has been held annually since 2005 to
increase exchanges between companies in Beijing and the Silicon Valley.
Langham Hotels International, a Hong Kong-based hotel group, yesterday signed
a deal with Union Land Property to manage a five-star hotel in Beijing's
Chaoyang District. With over 400 rooms, Beijing Langham Hotel will be Langham
Hotels International Group's first project on the mainland.
Insurer opens branch
Skandia-BSAM Life Insurance Co, a joint venture insurer specializing in
long-term wealth management, opened its Nanjing branch yesterday. The company
has just received a cash injection of 80 million yuan from its foreign
shareholder, bringing its registered capital to 320 million yuan.
(China Daily 04/24/2007 page14)