The successful acquisition by China National Chemical Corporation of the KraussMaffei Group, a rubber and plastics equipment producer that boasts a 178-year tradition, is expected to improve China's manufacturing industry.
The KraussMafei Group, headquartered in Germany, has a history of 178 years and played a role as a leading international manufacturer of multi-technology system and process solutions for injection and reaction molding technology and factory automation.
Roland Krueger, president of Infiniti Motor Co Ltd, underlined his company's readiness to continue to invest in the Chinese market, aiming at long-term sustainable development, in a keynote speech at the Global Automotive Forum in Chongqing on Tuesday.
The Beijing leg of the 2016 BMW Children's Traffic Safety Education program began in Olympic Forest Park on May 31, as part of the 12th edition of the annual event, which will focus on child safety seats in a bid to lower child casualty rates in traffic incidents across the country.
By taking advantage of China's international production capacity cooperation initiative, which allows Chinese companies to use their specific advantages in cooperation with different parts of the supply chain in other countries, the government of Central China's Hubei province is encouraging more companies to go global with "certain plans, procedures and targets".
The Forum on Global Production Capacity and Business Cooperation kicks off on Sunday in Wuhan, capital of Hubei province, to promote international capacity cooperation and equipment manufacturing for central China's provinces.
Chinese businesses have joined the international match-making stakes and are still a little starry eyed
Chinese enterprises' overseas acquisitions have witnessed a remarkable increase during the past several years, especially after the 2008 financial crisis. Many Chinese enterprises are acquiring high quality European and US companies and assets to enhance market position and core competence such as technology, brands, and distributions network. Technology, media, telecommunication, automobile and transportation, and financial services are the main target industries.
I remember that on the first anniversary of China Daily, on June 1, 1982, the paper's Opinion Page carried a short letter from Willbur Schramm, the then director-emeritus of the Institute of Communication Research, Stanford University; and the East-West Communication Institute, East-West Center, in Hawaii.
When premier Zhou Enlai died in January 1976, Dong Jiyuan took her nine-inch television set to an ivory-carving factory in Beijing where she worked and watched the funeral with dozens of workmates.
Becoming famous overnight in China is not a dream anymore. When China Daily photo editor Bruno Maestrini learned that a young American wished to be famous in China on the Facebook page "Praying for Dorian", dozens of colleagues jumped to help this little warrior who had been fighting cancer for four years.
China Daily now has more than 38 million social media readers, and with those numbers comes more pressure to be first with the news, but also a greater duty to be vigilant about the way we execute our journalistic mission.
|
|
|
|
|
|
|
|
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
