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Singapore-Sichuan hi-tech innovation park taking shape

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17-Aug-18 A major hi-tech business park in Chengdu, China, jointly developed by Singapore, is set to welcome its first batch of SMEs by early 2019. 34 ICT and life science companies have acquired for regional headquarters and R&D facilities. [image: Sino-Singapore (Chengdu) Innovation Park Development Company]

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Toyota to increase production capacity in China by 20%

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17-Aug-18 Toyota will build additional capacity at its plant in Guangzhou, China, by 24 percent or 120,000 vehicles a year, in addition to increasing production in Tianjin by the same volume. The additional capacity is partly for electric vehicles. [image: Reuters / Aly Song]

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Geely beats Nissan, Honda and Toyota in China

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16-Aug-18 Geely Automobiles has surpassed its top three Japanese rivals to become the third-largest carmaker in China, following a 54% jump in net income for the six months through Jun-18, helped by models that appeal to the nation’s young consumers. [image: Andrey Rudakov / Bloomberg]

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Kroger to start selling products directly to Chinese shoppers

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14-Aug-18 Kroger, the largest American supermarket chain, is partnering with Alibaba in China to offer products from its organic and natural line, Simple Truth, through Alibaba's Tmall platform, in an effort to keep pace online with Walmart and Amazon. [image: China Daily / Agencies]

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