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Shanghai Daily,上海日报


China's manufacturing activity rises to four-month high in February

CHINA'S manufacturing activity improved slightly in February thanks to increased output and new orders, according to HSBC's preliminary purchasing managers' index (PMI) released on Wednesday. The HSBC ...

February 25, 2015, Wednesday

Manufacturing, services on rise

Shanghai was home to about 411,000 manufacturing and services companies, with managed assets of 39.5 trillion yuan (US$6.3 trillion) at the end of 2013, according to a national economic census released...

February 25, 2015, Wednesday

China’s steel outlook set to fall

China’s steel market is expected to decline in the next 30 days due to weaker expectations for new domestic and export orders ahead of the weeklong Chinese New Year holiday, according to the latest Platts...

February 14, 2015, Saturday

CSR unit inks subsea contract

A subsidiary of China’s leading trainmaker CSR said yesterday that it had signed a deal to buy the entire share capital of British SMD, one of the world’s leading subsea equipment manufacturers....

February 10, 2015, Tuesday

Citizen closes Guangdong watch parts factory

JAPAN'S Citizen Holdings Co Ltd has closed its watch parts factory in Guangdong Province as it transferred the assembly facility to Thailand for better productivity, the company said on Monday. Its 14-years-old ...

February 9, 2015, Monday

Unilever sees high hopes for 3rd plant in Sichuan

Unilever’s third manufacturing plant in Sichuan Province will help the Anglo-Dutch giant meet demand of consumers in western China and Southeast Asian countries, the company said yesterday. ...

January 31, 2015, Saturday

Siemens profits down 25%

Joe Kaeser, chief executive of German industrial group Siemens, addresses a news conference in Munich yesterday. Siemens said its net profit fell 25 percent to 1.1 billion euros (US$1.2 billion) in the October- December quarter, the company’s fiscal first, as lower earnings at its key power and gas business weighed on the bottom line. ...

January 28, 2015, Wednesday

China's manufacturing activity rebounds in January

CHINA'S manufacturing activity picked up momentum in January but still hovered below an expansion-contraction mark, according to the HSBC's preliminary purchasing managers' index (PMI) released on Friday. ...

January 23, 2015, Friday

US$1b deal for rocket engines

A Russian manufacturer yesterday unveiled a US$1 billion deal to supply engines for the US Antares rockets making deliveries to the International Space Station....

January 17, 2015, Saturday

Elevator firm gets lift from Hubei plant

Workers work on the production line of Shanghai Edunburgh Elevator (Yichang) Co in Yichang, Hubei Province, yesterday when the production base started operation. The facility in Yichang’s Yiling District is a project funded and built by Shanghai as an assistance to help the economic development in areas around the Three Gorges Dam. With a total investment of 280 million yuan (US$45 million), the project is expected to generate 200 million yuan in annual output value and create 200 job opportunities. ...

January 14, 2015, Wednesday


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