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Shanghai Daily,上海日报
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China a big buyer of German machine tools

CHINA placed orders totaling 2 billion euros (US$2.2 billion) for German machine tool producers last year, up 25 percent from a year ago, as bolstered by China’s efforts to enhance manufacturing quality ...

June 23, 2017, Friday

Rio Tinto favors Yancoal in mine deal

RIO Tinto yesterday recommended China-backed Yancoal as the buyer of most of its Australian coal mines, rebuffing a surprise higher bid from commodities giant Glencore earlier this month. The world’s ...

June 21, 2017, Wednesday

Reforms for industrial workforce

CHINA will introduce reforms to strengthen its industrial workforce as part of a national strategy to become a manufacturing powerhouse. A reform program, released by the Communist Party of China Central ...

June 20, 2017, Tuesday

Recovery fuels excavator sales in China

SALES of excavators in China surged 106 percent last month from a year ago and their annual sales continued to grow over the past nine months amid demand from the infrastructure and property sectors, ...

June 13, 2017, Tuesday

Jeff Immelt to step down as GE CEO

GENERAL Electric Co said CEO Jeff Immelt would step down, capping a 16-year term that included steering the conglomerate through the financial crisis but saw its shares losing nearly a third of their ...

June 13, 2017, Tuesday

Chinese machinery manufacturer goes global

TWO Arab-looking businessmen were sitting on sofas with a Chinese interpreter when a group of journalists and media executives entered the reception hall of Famsun Holdings, China’s largest food and feed ...

June 12, 2017, Monday

Rebar steel prices surge

CHINA’S rebar steel prices surged after the government closed medium frequency furnaces to stop production in a bid to crack down on low quality steel. Prices of rebar steel surged 14.4 percent to 3,810 ...

June 9, 2017, Friday

Siemens sets up its Asia Pacific experience center in Beijing

GERMAN industrial group Siemens launched a “digitalization experience center” in Beijing today to show its smart manufacturing cases, tapping China’s “high-potential” smart manufacturing market. The center ...

June 5, 2017, Monday

Covestro partners with Tongji to set up an academy

GERMAN-BASED chemicals producer Covestro inaugurated an academy with Tongji University today to develop new materials in buildings and transport. The academy, named "Covestro-Tongji Innovation Academy," ...

May 31, 2017, Wednesday

China's manufacturing activity expands for 10th month

CHINA'S non-manufacturing activity accelerated in May, official data showed Wednesday. The non-manufacturing purchasing managers' index came in at 54.5 this month, up from 54 in April, according to the ...

May 31, 2017, Wednesday


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