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Weixin retains top spot as the world’s most valuable and strongest brand in Brand Finance Global 500

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Leading brand valuation consultancy Brand Finance announced its annual report on the world’s most valuable and strongest brands Global 500 for 2022 on January 26. For the second consecutive year, Weixin was named the world’s strongest brand. Weixin (also known outside China as Wechat) is a multi-purpose instant messaging, social media, and mobile payment app developed by Tencent. The report …

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Huawei holds leadership in 5G RAN Portfolio for the third year in a row

In All, China Business News by China Business Forum1 Comment

Huawei’s 5G Radio Access Networks (RAN) portfolio has been ranked as a leader for the third year in a row in GlobalData’s recent H2 2021 report 5G RAN: Competitive Landscape Assessment. This report is released every six months to evaluate the competitive advantages of 5G RAN products from major RAN vendors. In the H2 2021 report, Huawei’s product portfolio outclassed …

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Sinopec Completes First Megaton Scale Carbon Capture Project in China

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China Petroleum & Chemical Corporation (Sinopec) has completed the construction of the first megaton carbon capture, utilization, and storage (CCUS) project in China, the Qilu-Shengli Oilfield CCUS on January 29. This will reduce carbon emission by 1 million tons per year, the equivalent of planting nearly 9 million trees and shutting down 600,000 economy cars. As China’s largest full industrial …

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Gig economy platform Quhuo Commits to Ensure Disability-friendly and Inclusive Work Environment

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The leading Chinese gig economy platform Quhuo has formed a special task force for food delivery workers who cannot ride electric scooters and can only deliver by walking due to their health conditions, in an effort to ensure an inclusive, accessible, and friendly work environment for all of its employees. These food delivery workers often suffer from illness that prevents …

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Winners for China’s 2021 Employer Branding Creativity Awards Announced in Shanghai

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The 2021 Employer Branding Creativity Awards received over a six-month period 1,482 creative entries from 549 domestic firms and foreign companies operating in China, including well-known brands like Mercedes-Benz, NIO, ByteDance, Tencent, Starbucks China, Unilever, and so on. The event, divided into four phases, initiation, registration, evaluation, and selection of winners, was launched in May every year by Employer Branding …