Horizon Robotics, a leading Chinese AI chip manufacturer, has filed for an initial public offering (IPO) on the Hong Kong Stock Exchange, receiving approval for listing on October 8, 2024. The company, which initially focused on the AIoT (Artificial Intelligence of Things) sector, has now shifted its focus to the automotive industry, positioning itself as a key competitor to NVIDIA …
China Unveils Top 500 Manufacturing Enterprises List for 2024 at World Manufacturing Convention
On September 20, 2024, the China Enterprise Confederation (CEC) and China Enterprise Directors Association (CEDA) announced the 2024 Top 500 Chinese Manufacturing Enterprises at the World Manufacturing Convention (WMC). This annual ranking highlights the achievements and advancements of China’s leading manufacturing companies, setting a benchmark for the industry. Top 10 Leaders in Chinese Manufacturing This year’s top 10 manufacturing giants …
China’s Stainless Steel Market Sees Robust Growth in 2024
China’s stainless steel market has shown significant growth in 2024, particularly in exports, which reached a cumulative total of 2.7754 million tons from January to July. This represents a 14.09% year-on-year increase, highlighting the growing global demand for Chinese stainless steel products. The export volume for the first seven months of 2024 was also 15.70% higher than the same period …
Enhancing Chinese Tea’s Global Brand: New Communication Initiative Launched
On August 16, the Launch Ceremony of the Chinese Tea Global Communication Program: “Tea for a Harmonious World,” was held in Beijing, signaling a new chapter in the international promotion of Chinese tea culture. Themed “Preserving and Promoting Tea Culture, Sharing and Learning for Global Good,” this significant event launched the Chinese Tea Global Communication Proposal. The primary aim of …
Chinese Firms Hold Strong in 2024 Fortune Global 500
The 2024 Fortune Global 500 list was released, showcasing the world’s largest corporations by revenue for the 2023 fiscal year. Chinese companies, including Sinopec, State Grid, and China National Petroleum, continue to demonstrate their significant global impact, with prominent rankings in the top ten. Key Highlights Sinopec – Ranked 5th, Sinopec continues to lead in the global energy sector, reflecting …