Category archives: Business

Beer manufacturer Budweiser China donated 108,000 cans of emergency drinking water to makeshift hospitals across Shanghai to support the city's fight against the pandemic, a company executive said on Tuesday. Facilitated by local government branches, including the Commission of Commerce of Shanghai Huangpu District, and Shanghai Committee of the China National Democratic Construction Assn and its charity foundation, the emergency drinking water was delivered to makeshift hospitals in Shanghai's Baoshan, Songjiang and Minhang districts, and several communities in Huangpu district. The emergency drinking program is an AB InBev global initiative. In 2015, the program was introduced in China in an

As gallant Shanghai fights its way out of the Omicron outbreak, multinational exhibitors at the China International Import Expo have expressed hope they will be able to participate in the fifth edition of the trade fair in November. In an online meeting held by the expo organizer CIIE Bureau on Wednesday, 15 high-profile corporate executives from different industrial committees of the CIIE Enterprise Alliance expressed confidence in Shanghai"s anti-epidemic fight and in the resilience of the China market. Sun Chenghai, deputy director-general of the CIIE Bureau, said preparations for the expo are underway despite the outbreak in Shanghai-the bureau organized

DALIAN - SK hynix, a semiconductor firm headquartered in the Republic of Korea, started constructing a non-volatile memory manufacturing project in Northeast China"s Dalian city on Monday. The project will include a new wafer factory to produce non-volatile 3D NAND chip memory products. SK hynix closed the first phase of the transaction to acquire Intel's NAND and solid-state drive (SSD) business at the end of 2021, taking over Intel's SSD business and the Dalian NAND flash manufacturing facility. According to the municipal government of Dalian, Liaoning province, this is a key project to continue to expand investment in Dalian after