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Waydoo Unveils Flyer EVO: The Future of Efoiling

In All, Technology by China Business ForumLeave a Comment

Waydoo has announced the launch of the Flyer EVO eFoil, marking a significant advancement in efoiling technology. The Flyer EVO combines cutting-edge design with high-performance capabilities to offer an unparalleled efoiling experience. This innovative product aims to set new standards in the personal watercraft industry, providing users with a smooth, efficient, and exhilarating ride on the water. Key Features Advanced …

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China Economic Daily Brief – June 14, 2024

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Private Sector Dominance in China Recent official data reveals that 96.4% of Chinese business entities are from the private sector. This highlights the significant role private enterprises play in China’s economic landscape, offering numerous opportunities for foreign investors to engage with dynamic private businesses. The strong presence of the private sector is a testament to the entrepreneurial spirit driving economic …

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Huawei and China Unicom Guangdong Conduct First 5.5G Live Stream Trial from China’s Countryside

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Huawei, in collaboration with China Unicom Guangdong, has successfully conducted the first 5.5G trial live stream from a rural area in China. This pioneering trial demonstrated the capabilities of 5.5G technology in delivering high-speed, high-quality live streaming from remote locations, showcasing the potential of this advanced technology to enhance connectivity in underserved regions. Key Achievements of the Trial Historic Live …

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Haier Leads for Sixth Consecutive Year as Premier IoT Ecosystem Brand in Kantar BrandZ 2024 Rankings

In All, Technology by China Business ForumLeave a Comment

Haier has once again been recognized as the top IoT ecosystem brand in the Kantar BrandZ 2024 rankings, marking the sixth consecutive year of its leadership in this sector. This achievement underscores Haier’s unwavering commitment to innovation and excellence in smart home technology. Known for its advanced interconnected smart home solutions, Haier continues to set industry standards by providing seamless …

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InMotion Launches E20: The Easiest-to-Learn Electric Unicycle Aiming to Revolutionize Micromobility

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InMotion has announced the launch of its latest innovation, the E20 electric unicycle, which is touted as the easiest-to-learn model on the market. Aiming to revolutionize micromobility, the E20 combines advanced technology with user-friendly features to provide a seamless riding experience. This new model is designed to make personal transportation more accessible and enjoyable for everyone, including beginners. Key Features …

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PowerChina Advances Global Renewable Energy with Suriname Microgrid Project

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PowerChina has achieved a significant milestone with the successful handover of the first site in the second phase of the Suriname Village Microgrid Photovoltaic Project. This project is a crucial step in providing sustainable energy solutions to remote areas, reinforcing PowerChina’s dedication to renewable energy development globally. Project Overview The Suriname Village Microgrid Photovoltaic Project aims to deliver reliable and …

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Qiangli Jucai Lights Up Nasdaq Screen in Times Square, Showcasing Global LED Market Leadership

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Qiangli Jucai, a leader in the LED market, recently celebrated its top global sales rank by lighting up the Nasdaq screen in Times Square, New York. This prominent display highlighted the company’s significant achievements and its dominant position in the global LED industry. The event is a milestone for Qiangli Jucai, underscoring its commitment to innovation and excellence in LED …

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YiwuGo Sees Surge in Pet Supplies Transactions

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YiwuGo, the renowned online wholesale marketplace, is experiencing a significant increase in pet supplies transactions. As global demand for pet products continues to rise, YiwuGo has become a bustling hub for pet supplies, attracting buyers and suppliers from around the world. This surge highlights YiwuGo’s vital role in facilitating international trade and supporting the booming pet care industry. The platform’s …

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China-Manufactured Smart Watch OLED Shipment Share Exceeds 60% in 1H24

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China’s manufacturing sector continues to dominate the global market, with a recent report highlighting that over 60% of the world’s smartwatch OLED shipments in the first half of 2024 were produced in China. This significant market share underscores China’s leading role in the electronics manufacturing industry and its impact on global supply chains. Key Highlights Market Dominance: According to the …

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CNBF Daily Brief 1.3.2023

In China Business News by China Business Forum1 Comment

The purchasing managers’ index (PMI) for China’s manufacturing sector came in at 52.6 in February, up from 50.1 in January, according to data from the National Bureau of Statistics. A reading above 50 indicates expansion, while a reading below reflects contraction. The purchasing managers’ index (PMI) for China’s non-manufacturing sector came in at 56.3 in February, up from 54.4 in …

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CNBF Daily Brief 24.2.2023

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China’s international trade in services stood at 459.5 billion yuan (67.6 billion U.S. dollars) in January, according to the State Administration of Foreign Exchange. Services exports totaled 177.4 billion yuan last month, and services imports were at 282.1 billion yuan, resulting in a trade deficit of 104.8 billion yuan. Transport was the biggest services trade contributor, with a 143-billion-yuan trade …

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China is taking big step toward easing business travel by cutting quarantine time for international travelers

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International travelers will only need to quarantine for seven days at a centralized facility, such as a hotel followed by three days of health monitoring at home, when they arrive in mainland China, according to the National Health Commission announcement on Tuesday. Before, arrivals from outside China typically had to spend 14 to 21 days in centralized quarantine, depending on …

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Huawei Reveals Strategies to Attract Premium Asian Tourists at Digital Tourist 2024

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At the Digital Tourist 2024 event, Huawei unveiled innovative strategies to attract premium Asian tourists, emphasizing the use of advanced digital tools to enhance the travel experience. The company showcased how data analytics, personalized marketing, and cutting-edge digital infrastructure can meet the specific needs of high-end Asian travelers. By leveraging these technologies, Huawei aims to help the tourism industry capture …

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Tencent Smart Retail and Italy China Council Foundation Host Smart Retail Event in Italy

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Tencent Smart Retail, in partnership with the Italy China Council Foundation, hosted a significant event titled “The New Era of Smart Retail: Engage Your Chinese Client with Tencent & Weixin Ecosystem” in Italy. The gathering aimed to deepen understanding of smart retail strategies and the utilization of Tencent’s Weixin ecosystem to engage Chinese consumers. The event brought together key industry …

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As e-Commerce Enters an Era of Segmentation in China Joy Spreader Improves Marketing Efficiency with Data Intelligence Advantages

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As e-commerce companies are coming close to reaching the maximum number of users in China’s first- and second-tier cities, the user dividend in these cities is gradually being transformed and approaching the limit. As a result, in the third quarter of 2021, the growth of new users and revenue in the traditional e-commerce sector slowed significantly. This foreshadows the entry …

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How the China International Import Expo offers a window for multinational companies into the Chinese market

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Opening up is the hallmark of contemporary China. The China International Import Expo (CIIE) is ready to create a link between China and the global market. Held from November 5-10 2021, the 4th CIIE presented a total of 422 new products, technologies, and services, a record high. “We really believe that the CIIE is a great platform for multinational companies …

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Cross-Border E-Commerce Repurchase Revolution: Consumer Behavior Insights and Market Opportunities

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The cross-border e-commerce landscape is undergoing a significant transformation, driven by evolving consumer behavior and emerging market opportunities. As global e-commerce continues to expand, businesses must understand consumer preferences and purchasing habits to enhance customer retention and encourage repeat purchases. Here are some key insights and opportunities from this revolution: Consumer Behavior Insights Recent trends indicate a growing inclination towards …

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Alibaba.com Partners with UEFA EURO 2024 to Boost SME Success

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Alibaba.com has announced a groundbreaking partnership with UEFA EURO 2024, becoming the official B2B e-commerce partner. This collaboration is set to elevate the success of small and medium-sized enterprises (SMEs) by leveraging Alibaba.com’s vast e-commerce platform. The partnership will provide SMEs with unique opportunities to access a global marketplace, enhance their visibility, and expand their business networks. By integrating e-commerce …

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Cloud Native Computing Foundation and Linux Foundation Announce Line-Up for KubeCon + CloudNativeCon + Open Source Summit + AiDev China 2024

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The Cloud Native Computing Foundation (CNCF) and Linux Foundation have announced the impressive line-up for KubeCon + CloudNativeCon + Open Source Summit + AiDev China 2024. This premier event will take place in Hong Kong from August 21-23, 2024, featuring 145 sessions, including 20 maintainer track sessions. The event will bring together global leaders in cloud-native computing, open-source technologies, and …

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2024 Lujiazui Forum to Be Held in Shanghai from June 19-20

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The 2024 Lujiazui Forum, a premier financial event, is set to take place in Shanghai from June 19-20. This influential forum will bring together global financial leaders, policymakers, and industry experts to discuss critical issues shaping the global economy and financial markets. Topics will include financial reform, economic stability, innovation in financial services, and the impact of emerging technologies. Key …

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Hotel & Shop Plus 2024 Successfully Concludes in Shanghai

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The Hotel & Shop Plus 2024 event has concluded successfully in Shanghai, solidifying its reputation as a premier exhibition for the hospitality and commercial space industries. The event showcased an extensive range of products and solutions, including hotel supplies, commercial lighting, intelligent building technologies, cleaning, and maintenance services. The exhibition attracted numerous professionals from the hospitality and retail sectors, providing …

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Bakery China Concludes 26th Edition with Record-Breaking Attendance in Shanghai

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The 26th edition of Bakery China concluded with an impressive 393,009 visits, highlighting its status as a premier event for the baking industry. Held in Shanghai, this year’s exhibition featured a vast array of baking products, technologies, and innovations. The event provided a platform for industry professionals to network, explore new trends, and discover cutting-edge solutions in baking. The record …

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Third Hong Kong Science Fair Showcases Next-Generation Technologies

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The third Hong Kong Science Fair recently concluded, bringing together a dazzling array of innovative technologies from the next generation of inventors. Organized by the Hong Kong Innovation Foundation, the event underscored the importance of creativity and technological advancement in shaping the future. Over 400 projects from both local and international students were exhibited, showcasing advancements in artificial intelligence, environmental …

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[Hey China!] “Germany’s Elon Musk”: Dirk Ahlborn and the Hyperloop

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Fancy a ride in magnetic capsules through vacuum tubes at supersonic speeds? You may not have to wait for this futuristic transport revolution much longer, Dirk Ahlborn, Founder and Chairman of Hyperloop Transportation Technologies, tells Martina Fuchs. The German entrepreneur also discusses his relationship with Elon Musk, plans for China, competition with Richard Branson’s Virgin Hyperloop One, and by when …

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[Hey China!] Exclusive with JD.com’s Big Data chief Liu Hui (Part 2)

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The man who masters and analyzes big data at China’s e-commerce giant JD.com reveals mind-blowing trends in China, valuable for every company, big or small. Let an ocean of data tell you about China! In part two of this exclusive Hey China! show, Liu Hui, Chief Data Officer of the JD Big Data Research Institute at JD.com, explains why short …

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[Hey China!] JD.com on Big Data and the future of e-retail (Part 1)

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JD.com, one of China’s biggest online retailers covering everything from fresh food and apparel to electronics and cosmetics, is betting on Big Data to further empower its business. The company’s network already covers 99% of China’s population and provides same- or next-day delivery. In part one of this Hey China! episode, Hui Liu, Chief Data Officer of the JD Big …

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[Hey China!] TikTok, WeChat, Huawei, Ant: each battling its own race to survive and thrive

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Alvin Foo, thought leader on Chinese technology, brings his latest views on the ban of WeChat, TikTok, Huawei and what they are doing to rise above it. Prominent Ant Group and ByteDance IPOs on the horizon and how China has resorted to onshore capital market solutions. A must listen to get the views from the Chinese market on these prevalent …

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[Hey China!] Xiaoyin Qu: The woman who “Runs The World”… and the virtual show

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After seven failed ideas, Xiaoyin Qu founded Run The World, an online events platform that empowers social gatherings, just one week before COVID-19 hit: “I started the company during the craziest time” Whether prediction skills or pure luck, the startup based in Mountain View is on capital raising spree and a mission to “bringing like-minded people together”, running virtual events …

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Qingdao: international port city with youthful vigor

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City of Qingdao is located at the southern end of the Shandong Peninsula. It’s an open coastal city in northern China with humanistic charm and advanced natural endowment. In addition to being China’s famous historical and cultural city, Qingdao is also an international port city. It has a land area of 11,000 square kilometers and a sea area of 12,000 …

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Broad-Based ETFs Unleashing Opportunities to Invest in China A-Shares Amid Market Recovery

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Amid a recovering market, broad-based Exchange Traded Funds (ETFs) are creating new opportunities for investors to gain exposure to China A-Shares. These ETFs are designed to provide diversified access to the Chinese stock market, reflecting the overall performance of China A-Shares. With China’s economic recovery gaining momentum, these investment vehicles offer an efficient and cost-effective way to tap into the …

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Taicang: A Flourishing Hub for German Investment in East China

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For over thirty years, Taicang has carved out a niche as a prime destination for German enterprises, driven by its dedication to creating a supportive business ecosystem. This commitment was recognized in November 2008 when Taicang was designated as a “Sino-German Enterprise Cooperation Base” by both China’s Ministry of Commerce and Germany’s Federal Ministry for Economic Cooperation and Development. It …

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Vanguard Announced Its Plan to Launch Active China Equity Fund in Both Onshore and Offshore Chinese Equities

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Vanguard filed on Monday, November 29, an initial registration statement with the U.S. Securities and Exchange Commission to introduce the new Vanguard China Select Stock Fund. The fund will invest in both onshore and offshore Chinese equities and is designated for clients seeking actively managed, high-alpha-target equity exposure to complement a broadly diversified portfolio. Vanguard expects to launch the fund …

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Design Patents and Utility Models in China

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China remains among the top destinations for any business looking to internationalise, and the business environment there is still evolving in terms of both production and consumption. Its growing capacity to produce sophisticated manufactures and complex services is matched by an increasingly affluent domestic consumer base that demands state-of-the-art, internationally popular brands and products. Although stories of Chinese counterfeits and …

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The realities of doing business in China – Copyrights and Trade Marks

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China’s intellectual property rights (IPR) system has come a long way in the past 30 years, and development continues – a revision of the trade mark law came into force in May, paving the way for more thorough protection for rights holders. Although China is now coming into line with international IPR standards, there are still many ways in which …

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Doing Business in China – Keeping a Trade Secret (Part II)

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Nearly all businesses in all industries and sectors possess trade secrets. Trade secrets are a valuable and highly useful form of intellectual property right (IPR). As the name suggests however, trade secrets are a non-registrable form of intellectual property; they only enjoy legal protection as long as they are not disclosed publically. It is therefore crucial to prevent your trade …

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Doing Business in China – Keeping a Trade Secret (Part I)

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Nearly all businesses in all industries and sectors possess trade secrets. Trade secrets are a valuable and highly useful form of intellectual property that are nevertheless often undervalued and overlooked by their owners. This is not least the case in the service sector where the relative value of trade secrets as intangible assets can be extremely high. For example, a …

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China’s English Language Training Market Set to Soar with USD 144.85 Billion Growth by 2028

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The English language training (ELT) market in China is poised for significant growth, with projections estimating an increase of USD 144.85 billion from 2024 to 2028. This growth, driven primarily by increased private investment in online English training vendors, represents a robust compound annual growth rate (CAGR) of over 20% during the forecast period. Key Growth Drivers Increased Private Investment: …

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Are you sure about ‘Peak China?’ Why China still has room to grow

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The world economy is experiencing what the World Bank calls “the slowest half-decade of GDP growth in 30 years.” As some of China’s key growth catalysts weaken against this backdrop, a few stakeholders in the Western economy have become defeatist and pessimistic. Some believe that China will soon get caught in the “middle-income trap” or even experience the “Japanization” of its economy, characterized by …

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China heading towards mass-producing 14nm chips domestically – EU should collaborate to strengthen its own semiconductor ecosystem

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Semiconductors are an essential component of all electronic devices. Processor chips and other semiconductors are China’s biggest single import and consume around 70% of global production. In the future demand will just continue to increase because of the new technologies such as 5G and IoT. China has spent heavily over the past two decades to build up its chip industry, …

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1000 days of injustice – recap on the case of Sabrina Meng after conclusion of her extradition hearings

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When I’m writing this in August 26th 2021 it has been exactly 1000 days since the arrest of Huawei’s CFO Sabrina Meng. She was detained by the Canadian authorities on December 1st 2018 at Vancouver International Airport while she was having a stopover on the way to Mexico. She is facing possible extradition to the United States on fraud charges …

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The case to extradite Sabrina Meng should be dismissed in the face of new evidence

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The court case of extradition of Huawei CFO Sabrina Meng to the United States has continued in Canada. Recently new evidence showing Meng’s innocence has been brought out. Meng’s lawyers failed in the UK High Court to gain access to relevant information kept by HSBC. However, their success in Hong Kong has led to the latest release of documents. Now …

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New administration in the White House: did anything change for the Sabrina Meng’s case

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Huawei CFO Sabrina Meng’s U.S. extradition case in Canada is entering its last phase of arguments. Most recently judge of the Meng’s case rejected her lawyers request to include an affidavit from a Huawei accountant as evidence that would have shed light on the company’s financial practices and helped prove Meng’sinnocence on the charges of bank fraud. The final hearing …

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Ping An Sees Huge Investment Opportunities in China’s Energy Transition

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Ping An Insurance, one of China’s leading financial institutions, is strategically positioning itself to capitalize on the significant investment opportunities arising from the country’s transition to sustainable energy. Chief Investment Officer Benjamin Deng has highlighted the company’s adoption of a double-barbell asset allocation strategy, which balances high-risk and low-risk investments to optimize returns while managing market volatility. Capitalizing on the …

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Pudong New Area International Economic Organization Activity Month Kicks Off in Shanghai

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The Pudong New Area in Shanghai has launched the International Economic Organization Activity Month, marking a significant step in fostering international economic collaboration. This event, organized by Xinhua Silk Road, aims to promote economic development and international cooperation in Pudong, a key economic hub in China. The activity month will feature a series of events, including forums, business matchmaking sessions, …

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Chengdu’s Growing Global Business Influence

In All, Sichuan by China Business Forum2 Comments

Chengdu, the vibrant capital of Sichuan Province, is rapidly establishing itself as a global business hub. Known for its rich cultural heritage and robust economic growth, Chengdu is attracting significant foreign investment and multinational corporations. The city’s strategic initiatives to enhance global connectivity, coupled with a business-friendly environment, make it an attractive destination for international trade and technology innovation. Key …

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How Alibaba Can Help You Source Products from China

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Sourcing products from China has become a key strategy for businesses all over the world. Thanks to China’s impressive manufacturing capabilities and competitive prices, it’s a hotspot for quality goods. Alibaba, the leading global B2B e-commerce platform, is at the forefront of making this process easy and efficient. Let’s dive into how Alibaba can assist you in sourcing high-quality products …

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Illumina and Sequoia Capital China Select First Startups to join Genomics Incubator in China

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First-of-its-kind Incubator will support companies poised to deliver breakthrough applications in genomics and multiomics. Illumina, Inc., and Sequoia Capital China, a leading investment firm, today jointly announced the selection of the first two startup companies joining the Sequoia Capital China Intelligent Healthcare Genomics Incubator, Powered by Illumina. Located in Zhangjiang Cell Industrial Park, Shanghai, the incubator will serve as a …

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Shanghai Electric Unveils Advanced Renewable Energy Solutions at Carbon Neutrality Expo

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Shanghai Electric has made a significant impact at the Carbon Neutrality Expo, unveiling a range of advanced renewable energy solutions. The company highlighted innovations in wind, solar, and hydrogen energy technologies, showcasing its commitment to sustainable development and global carbon neutrality goals. Cutting-Edge Innovations Shanghai Electric presented its latest wind energy systems, which include high-efficiency turbines designed to maximize energy …

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ZTE’s Sustainability Report 2023: Advancing Digital Innovation for a Sustainable Future

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ZTE has released its Sustainability Report 2023, showcasing the company’s commitment to advancing digital innovation and promoting a more sustainable future. The report highlights ZTE’s efforts in various domains, including environmental protection, technological advancement, and corporate social responsibility. Key Highlights Environmental Initiatives: ZTE has implemented numerous initiatives aimed at reducing its carbon footprint and enhancing energy efficiency. The company has …

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Huawei and IUCN Host Tech4Nature Summit to Promote Innovation in Nature ConservationSustainability

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Huawei, in collaboration with the International Union for Conservation of Nature (IUCN), successfully hosted the Tech4Nature Summit, highlighting the integration of technology in nature conservation. This event brought together leaders from technology and environmental sectors to explore innovative solutions for preserving biodiversity. Tech4Nature Summit Overview Held in June 2024, the Tech4Nature Summit aimed to bridge the gap between technology and …

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Waydoo Unveils Flyer EVO: The Future of Efoiling

In All, Technology by China Business ForumLeave a Comment

Waydoo has announced the launch of the Flyer EVO eFoil, marking a significant advancement in efoiling technology. The Flyer EVO combines cutting-edge design with high-performance capabilities to offer an unparalleled efoiling experience. This innovative product aims to set new standards in the personal watercraft industry, providing users with a smooth, efficient, and exhilarating ride on the water. Key Features Advanced …

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Huawei and China Unicom Guangdong Conduct First 5.5G Live Stream Trial from China’s Countryside

In All, Technology by China Business ForumLeave a Comment

Huawei, in collaboration with China Unicom Guangdong, has successfully conducted the first 5.5G trial live stream from a rural area in China. This pioneering trial demonstrated the capabilities of 5.5G technology in delivering high-speed, high-quality live streaming from remote locations, showcasing the potential of this advanced technology to enhance connectivity in underserved regions. Key Achievements of the Trial Historic Live …

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Haier Leads for Sixth Consecutive Year as Premier IoT Ecosystem Brand in Kantar BrandZ 2024 Rankings

In All, Technology by China Business ForumLeave a Comment

Haier has once again been recognized as the top IoT ecosystem brand in the Kantar BrandZ 2024 rankings, marking the sixth consecutive year of its leadership in this sector. This achievement underscores Haier’s unwavering commitment to innovation and excellence in smart home technology. Known for its advanced interconnected smart home solutions, Haier continues to set industry standards by providing seamless …

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InMotion Launches E20: The Easiest-to-Learn Electric Unicycle Aiming to Revolutionize Micromobility

In All, Technology by China Business ForumLeave a Comment

InMotion has announced the launch of its latest innovation, the E20 electric unicycle, which is touted as the easiest-to-learn model on the market. Aiming to revolutionize micromobility, the E20 combines advanced technology with user-friendly features to provide a seamless riding experience. This new model is designed to make personal transportation more accessible and enjoyable for everyone, including beginners. Key Features …

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Huawei Launches FPGGP Acceleration Program to Digitize the Financial Industry

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Huawei has launched the Financial Partner Go Global Program (FPGGP) Acceleration Program, aiming to support the global financial industry’s transition to digital and intelligent operations. This initiative underscores Huawei’s commitment to driving technological innovation and providing robust digital infrastructure to financial institutions worldwide. The FPGGP Acceleration Program focuses on enhancing efficiency, security, and service optimization in the financial sector. By …

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