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Shanghai Daily,上海日报
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Manufacturing


Asset swap to make drug firms stronger

Sanofi and Germany’s Boehringer Ingelheim yesterday said they have agreed to a 22.8-billion-euro (US$25.1 billion) asset swap that would strengthen Boehringer Ingelheim's animal-health business while ...

June 28, 2016, Tuesday


China committed to manufacturing upgrade: premier

China is committed to transforming its manufacturing sector by leveraging the latest technology to meet diverse demands, Chinese Premier Li Keqiang said on Tuesday. "Manufacturing is the foundation of ...

June 28, 2016, Tuesday


Shipbuilding to be boosted in 5-year plan

CHINA aims to account for 35 percent of the global ocean engineering equipment market and to take up 40 percent of the shipbuilding market worldwide by 2020. The Ministry of Industry and Information ...

January 13, 2017, Friday


China to scrap output of low-quality steel

CHINA plans to cull production of low-quality steel made from scrap metal, known as “ditiaogang” in Chinese, before the end of June, as part of efforts to improve market supply and a national battle to ...

January 12, 2017, Thursday


Liuzhou produces 2.4m vehicles

Robots at work in a auto factory in Liuzhou in the Guangxi Zhuang Autonomous Region in south China. Supported by a slew of domestic brands such as Wuling and Baojun, Liuzhou produced 2.4 million vehicles in 2016, an all time high and it ranks as the third biggest automobile manufacturing city in China, following Chongqing and Shanghai. — Xinhua...

January 7, 2017, Saturday


UK’s construction output booms

A South Eastern passenger train passes in front of construction cranes at a development site in Nine Elms, south west London, yesterday. Construction output rose at its fastest pace for nine months in December, even though imported raw material prices have risen, as a result of the drop in the pound’s value caused by the Brexit vote last June. ...

January 5, 2017, Thursday


Higher electricity pricing as deterrence

CHINA has toughened its tiered electricity pricing to deter outdated steel producers and advance capacity cuts, the top economic planner said yesterday. The measure, effective since Sunday, will raise ...

January 4, 2017, Wednesday


Sany leads creation of new private bank

SANY Group, the parent company of heavy machinery manufacturer Sany Heavy Industry Co, yesterday led a group of 10 private companies in setting up a commercial bank. The Sanxiang Bank, based in Hunan ...

December 27, 2016, Tuesday


Aixtron mulls options after Chinese deal abandoned

GERMAN semiconductor equipment maker Aixtron is considering reducing the size of the business with a partial sale, its chief executive said in an interview published yesterday, opening the door for bidders ...

December 10, 2016, Saturday


Heavy machines see more sales in November

SALES volumes of excavators and heavy trucks in China surged last month, pushing the profit of relevant heavy machinery companies, which were driven by policies, reported GF Securities today. The policies ...

December 8, 2016, Thursday


 

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