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Hyundai Sets up Joint Venture with Chinese Firm
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| The Hyundai Heavy Industry Co. and the State-owned Beijing Jingcheng Machinery and Electronics Holdings Co. signed an agreement early this week to form a joint venture.
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Lucent Fibre-optics Arm Returns, Opens Beijing Office
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| The United States firm OFS, the world's second-largest optical-fibre manufacturer, opened its Beijing office on Wednesday.
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Akzo Opens Chemical Plant in China
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| Leading chemical producer Akzo Nobel has begun to expand its presence in China with the opening of a new chemical material plant in East China's Jiangsu Province.
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First Foreign Life Insurer Starts Business in Beijing
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| American International Assurance Friday announced the opening of its Beijing branch, making it the first foreign insurer to offer life-insurance services in the Chinese capital.
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Heinz Vows to Make Headway in China
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| Heinz Food Group, one of the world's most successful food producers, is aiming to strengthen its position in the vast Chinese market.
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SAS to Expand Chinese Mainland Service
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| Scandinavian Airlines Systems (SAS) has vowed to further enhance its presence in the Chinese market in the coming few years in a bid to meet the rapidly growing demand of Chinese travellers and rising volume of cargo shipments on the Beijing-Copenhagen route.
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Kodak Moves China Headquarters to Chongqing
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| US film maker Eastman Kodak is speeding up its business expansion in western China.
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Handwriting Apps Emerge from Intel China
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| Intel is trying to make computers see much better. The company's software and solutions group in Shanghai is working on software that lets PCs more readily understand shapes and visual patterns, which should ease the burden managing images, handwritten notes and other real world data.
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Intel to Build P4 Processors in Shanghai
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| Global chip giant Intel last week granted its Shanghai factory the right to produce its most advanced chip products -- a move that has broken down the wall that forbids US companies from producing the most up-to-date semiconductor products in China.
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French Wheat Exporters Eye Chinese Market
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| Foreign enterprises have smelled the fragrance of "big sponge cake" of the Chinese market after WTO entry. And yesterday found Mr. Henri de Benoist, president of the Association France Export Cereals and UNIGRAINS, promote his wheat in Beijing in an attempt to grab a share of China's grain market.
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Zhujiang Teams with Beer Giant
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| The partnership between the domestic leading brewery Zhujiang Beer Group in South China's Guangdong Province and the world giant Belgium-based Interbrew is expected to beef up Zhujiang's home expansion and shake up China's beer market, insiders say.
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SAB Aims to Be Biggest Beer Maker
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| Leading brewer South African Breweries (SAB) said it is likely to invest US$100 million in China in the next three years.
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