China’s stainless steel market has shown significant growth in 2024, particularly in exports, which reached a cumulative total of 2.7754 million tons from January to July. This represents a 14.09% year-on-year increase, highlighting the growing global demand for Chinese stainless steel products. The export volume for the first seven months of 2024 was also 15.70% higher than the same period …
Enhancing Chinese Tea’s Global Brand: New Communication Initiative Launched
On August 16, the Launch Ceremony of the Chinese Tea Global Communication Program: “Tea for a Harmonious World,” was held in Beijing, signaling a new chapter in the international promotion of Chinese tea culture. Themed “Preserving and Promoting Tea Culture, Sharing and Learning for Global Good,” this significant event launched the Chinese Tea Global Communication Proposal. The primary aim of …
Chinese Firms Hold Strong in 2024 Fortune Global 500
The 2024 Fortune Global 500 list was released, showcasing the world’s largest corporations by revenue for the 2023 fiscal year. Chinese companies, including Sinopec, State Grid, and China National Petroleum, continue to demonstrate their significant global impact, with prominent rankings in the top ten. Key Highlights Sinopec – Ranked 5th, Sinopec continues to lead in the global energy sector, reflecting …
HIKMICRO Hosts First Global Overseas Agent Conference, Unveils 2024 Strategies
HIKMICRO, a leader in outdoor optics technology, hosted its first Global 2024 Overseas Agent Conference in early July at its “House of Silk” headquarters in Hangzhou. The event welcomed global business partners and media to share the company’s “Grow Together, Explore Together” message. Showcasing Growth and Strategy During the conference, HIKMICRO revealed its 2024 overseas performance and strategic analysis, emphasizing …
Technavio Forecasts 34.28% CAGR for China’s Data Center Market 2024-2028
According to Technavio’s latest market research report, China’s data center market is set to expand by $181.33 billion from 2024 to 2028, demonstrating a compound annual growth rate (CAGR) of 34.28%. The increasing demand for hyper-converged data centers and advancements in server disaggregation are the primary drivers behind this substantial growth. Key Market Drivers Hyper-Converged Data Centers The rising adoption …