Economy of China

China's Infliximab Market Investigation Report 2021-2025 - ResearchAndMarkets.com

Thursday, July 29, 2021 - 3:59pm

The "Investigation Report on China's Infliximab Market 2021-2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Investigation Report on China's Infliximab Market 2021-2025" report has been added to ResearchAndMarkets.com's offering.
  • By 2020, Janssen Biologics BV is the only manufacturer in the Chinese Infliximab market.
  • According to the market research, since Infliximab entered the Chinese market in 2007, its sales have had an increasing trend.
  • 2 Sales of Infliximab in China, 2016-2020
    2.3 Sales of Infliximab by Dosage Form in China, 2016-2020
    3 Analysis of Major Infliximab Manufacturers in China, 2016-2020
    4 Prices of Infliximab for Different Manufacturers in China, 2020-2021
    5 Prospect of Chinese Infliximab drug Market, 2021-2025
    View source version on businesswire.com: https://www.businesswire.com/news/home/20210729005802/en/

UnionTech and Evonik Set up a Joint Laboratory for 3D Printing

Thursday, July 29, 2021 - 12:20pm

SHANGHAI, July 29, 2021 /PRNewswire/ -- UnionTech and Evonik announced the establishment of the "UnionTech and Evonik Joint R&D Laboratory" in Shanghai, China in late July, 2021.

Key Points: 
  • SHANGHAI, July 29, 2021 /PRNewswire/ -- UnionTech and Evonik announced the establishment of the "UnionTech and Evonik Joint R&D Laboratory" in Shanghai, China in late July, 2021.
  • The establishment of the joint laboratory will further accelerate the speed of new photopolymer product launch in the market, especially for the fast-growing Chinese market.
  • We will actively contribute our expertise in 3D printing materials and provide more efficient and faster additive manufacturing solutions for all industries."
  • The cooperation between UnionTech and Evonik is an inevitable collision and represents the mutual recognition and joint technology accumulation between the famous material giant in Germany and UnionTech, a local 3D printing enterprise in China.

Banco XCMG S.A. Completes First Foreign Exchange Settlement and Sale Transaction with Newly Gains Foreign Exchange License Approval in Brazil

Thursday, July 29, 2021 - 9:36am

Banco XCMG S.A., opened in July 2020 in Pouso Alegre, is the Chinese manufacturing industry's first overseas bank and the first Chinese-invested enterprise bank in Brazil.

Key Points: 
  • Banco XCMG S.A., opened in July 2020 in Pouso Alegre, is the Chinese manufacturing industry's first overseas bank and the first Chinese-invested enterprise bank in Brazil.
  • Upon receiving the license, the bank will be able to save exchange costs for XCMG Brazil at more favorable exchange rates, which is of great significance to improve the overall operating efficiency of XCMG's two companies in Brazil.
  • The foreign exchange license will expand Banco XCMG S.A.'s innovative service capabilities based on the real needs of customers.
  • A top-three equipment leasing company in Brazil has already purchased 42 units of XCMG excavators through Banco XCMG S.A.

Sany Becomes No. 1 in Excavators Sales Globally

Wednesday, July 28, 2021 - 9:00am

Sany, a leading manufacturer of the construction equipment and heavy machinery space, has become the worlds number one company in excavators sales by selling 98,705 excavators in the year 2020 globally.

Key Points: 
  • Sany, a leading manufacturer of the construction equipment and heavy machinery space, has become the worlds number one company in excavators sales by selling 98,705 excavators in the year 2020 globally.
  • After all the hardships and struggle, the milestone that Sany has achieved on a global platform is absolutely commendable.
  • We would like to thank our customers for reposing immense faith in our brand and making Sany the No.
  • This accomplishment is the clear validation of a strong bond with our customers that Sany has made over the years.

Ping An Launches Pilot of Digital RMB Insurance Policies with Bank of China in Shenzhen

Wednesday, July 28, 2021 - 9:52am

HONG KONG and SHANGHAI, July 28, 2021 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEX: 2318; SSE: 601318) announced that Ping An Property & Casualty Insurance Company of China, Ltd. has issued the first batch of digital RMB insurance policies in Shenzhen in cooperation with Bank of China.

Key Points: 
  • HONG KONG and SHANGHAI, July 28, 2021 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEX: 2318; SSE: 601318) announced that Ping An Property & Casualty Insurance Company of China, Ltd. has issued the first batch of digital RMB insurance policies in Shenzhen in cooperation with Bank of China.
  • Ping An Property & Casualty created the Comprehensive Insurance for Medical Staff policies in Nanshan District of Shenzhen in cooperation with the Bank of China.
  • The pilot aims to provide protection for medical staff, offer policy holders a digital wallet experience and enable digital RMB premium settlement.
  • For the insurance industry, the priorities are to better integrate the characteristics of the digital RMB network, launch a new business model of property and casualty insurance related to digital RMB storage, and drive strategic planning on digital RMB applications.

Ping An Launches Pilot of Digital RMB Insurance Policies with Bank of China in Shenzhen

Wednesday, July 28, 2021 - 9:34am

HONG KONG and SHANGHAI, July 28, 2021 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEX: 2318; SSE: 601318) announced that Ping An Property & Casualty Insurance Company of China, Ltd. has issued the first batch of digital RMB insurance policies in Shenzhen in cooperation with Bank of China.

Key Points: 
  • HONG KONG and SHANGHAI, July 28, 2021 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEX: 2318; SSE: 601318) announced that Ping An Property & Casualty Insurance Company of China, Ltd. has issued the first batch of digital RMB insurance policies in Shenzhen in cooperation with Bank of China.
  • Ping An Property & Casualty created the Comprehensive Insurance for Medical Staff policies in Nanshan District of Shenzhen in cooperation with the Bank of China.
  • The pilot aims to provide protection for medical staff, offer policy holders a digital wallet experience and enable digital RMB premium settlement.
  • For the insurance industry, the priorities are to better integrate the characteristics of the digital RMB network, launch a new business model of property and casualty insurance related to digital RMB storage, and drive strategic planning on digital RMB applications.

Huaneng Power International, Inc. Net Profit Attributable to Equity Holders for The First Half Year Of 2021 Decreased By 26.14%

Tuesday, July 27, 2021 - 2:48pm

The net profit attributable to equity holders of the Company was RMB4.019 billion (equivalent to approximately USD 622 million), representing a decrease of 26.14% compared to the same period of last year.

Key Points: 
  • The net profit attributable to equity holders of the Company was RMB4.019 billion (equivalent to approximately USD 622 million), representing a decrease of 26.14% compared to the same period of last year.
  • The main reason for the YoY decrease of the net profit is due to reducedprofits from business of domestic power sales and heat supply resulting from increased coal prices.
  • Huaneng Power International, Inc. is one of China's largest listed power producers with controlled generation capacity of 114,042 MW and equity based generation capacity of 99,891 MW.
  • The Company also has a wholly owned power company in Singapore, and an invested power company in Pakistan.

China Dynamics Changes Name to Ev Dynamics

Tuesday, July 27, 2021 - 10:39am

HONG KONG, July 27, 2021 - (ACN Newswire) - China Dynamics (Holdings) Limited (the "Company", Stock Code: 476, together with its subsidiaries, collectively "China Dynamics" or the "Group"), which provides new energy vehicles and technology integrated solutions, has changed the name of the Company from "China Dynamics (Holdings) Limited" to "Ev Dynamics (Holdings) Limited" to better reflect the current status of the Group's business development and its direction of future development.

Key Points: 
  • HONG KONG, July 27, 2021 - (ACN Newswire) - China Dynamics (Holdings) Limited (the "Company", Stock Code: 476, together with its subsidiaries, collectively "China Dynamics" or the "Group"), which provides new energy vehicles and technology integrated solutions, has changed the name of the Company from "China Dynamics (Holdings) Limited" to "Ev Dynamics (Holdings) Limited" to better reflect the current status of the Group's business development and its direction of future development.
  • Mr. Miguel Valldecabres Polop, CEO of Ev Dynamics, said, "The Group is to globalise its electric vehicles to world markets, including and not limited to Mainland China, Hong Kong, Asia Pacific and South America.
  • The stock short name of the Company for trading in the shares on The Stock Exchange of Hong Kong Limited will be changed from "CH DYNAMICS" to "EV DYNAMICS" in English with effect from 27 July 2021.
  • About Ev Dynamics (Holdings) Limited (Stock Code: 476)
    Ev Dynamics (Holdings) Limited is a pioneer and a prominent player in China's new energy commercial vehicles market, as well as a whole-vehicle manufacturer of specialty passenger vehicles and new energy passenger vehicles.

Hong Kong Jewellery Design Competition winning pieces on display at Jewellery Show

Monday, July 26, 2021 - 11:00am

In advance of the twin jewellery shows, the results of the 22nd Hong Kong Jewellery Design Competition were announced, throwing the spotlight on the creative flair of local jewellery designers.

Key Points: 
  • In advance of the twin jewellery shows, the results of the 22nd Hong Kong Jewellery Design Competition were announced, throwing the spotlight on the creative flair of local jewellery designers.
  • Organised by the Hong Kong Trade Development Council (HKTDC), the HKTDC Hong Kong International Jewellery Show and HKTDC Hong Kong International Diamond, Gem & Pearl Show opened at the Hong Kong Convention and Exhibition Centre (HKCEC) yesterday.
  • The winning pieces are now on display at the Jewellery Show (Hall 3E Concourse) to showcase the ingenuity of original Hong Kong designs to jewellery buyers and exhibitors.
  • Jointly organised by the HKTDC, the Hong Kong Jewellers' & Goldsmiths' Association, Hong Kong Jewellery & Jade Manufacturers Association, Hong Kong Jewelry Manufacturers' Association and the Diamond Federation of Hong Kong, China, the Hong Kong Jewellery Design Competition aims to enhance the design quality of the local jewellery industry, identify talent, and promote Hong Kong's outstanding jewellery collections to local and international buyers.

HKTDC Twin Jewellery Events Open in Hong Kong

Monday, July 26, 2021 - 7:52am

The HKTDC Hong Kong International Jewellery Show and HKTDC Hong Kong International Diamond, Gem & Pearl Show, opened on 25 July at the Hong Kong Convention and Exhibition Centre (HKCEC) and will run until 29 July.

Key Points: 
  • The HKTDC Hong Kong International Jewellery Show and HKTDC Hong Kong International Diamond, Gem & Pearl Show, opened on 25 July at the Hong Kong Convention and Exhibition Centre (HKCEC) and will run until 29 July.
  • View the full release here: https://www.businesswire.com/news/home/20210725005042/en/
    The HKTDC Hong Kong International Jewellery Show and the HKTDC Hong Kong International Diamond, Gem & Pearl Show, organised by the Hong Kong Trade Development Council (HKTDC), take place on 25-29 July 2021 at the Hong Kong Convention and Exhibition Centre (HKCEC), helping jewellers capture business opportunities as the pandemic continues.
  • HKTDC Deputy Executive Director Benjamin Chau said: The HKTDC twin jewellery shows provide a one-stop marketing and sourcing platform to showcase the latest and finest jewellery items as well as raw materials, helping Hong Kong to maintain its position as a trading and sourcing hub for this important sector.
  • Hong Kong International Jewellery Show: hkjewelleryshow.hktdc.com
    View source version on businesswire.com: https://www.businesswire.com/news/home/20210725005042/en/