Landmark Sanmen Nuclear project expected to be online in 2016 Chinese nuclear officials confirmed yesterday that the world’s first unit using Westinghouse Electric Company LLC’s AP1000 nuclear reactor design is anticipated to be online this year in China, with a second unit operational by June the following year. The Sanmen project, located in Zhejiang province, …
Australian education and tourism exports nearly match iron ore figures With Australia’s longstanding reputation as a major commodity-exporting nation, it’s no surprise that the value of Australian education and tourism exports remains relatively under the radar. In recent years however, it’s been Australia’s natural environment, highly regarded education system and low currency that has attracted …
Leading Chinese healthcare company to bring improved health services to China Ciming, one of China’s leading healthcare companies, has announced plans to bring advanced medical services offered abroad, such as foreign doctors, medicines and equipment, to the home market. The chairman of Ciming Health Checkup Management Group Co Ltd, Hu Bo said that the company …
Mr Ciqiang Lu (魯賜強) has been appointed the National Australia Bank’s (NAB) General Manager of Greater China where he commenced his role on 1 March 2016. Mr Lu is based in NAB’s Hong Kong branch located in Pacific Place. As Australia’s largest business bank, NAB’s strategy in Asia is highly relationship-driven and focuses on …
New policies to foster Chinese innovation On Wednesday China’s State Council announced multiple policies designed to encourage homegrown innovation. This comes as response to China’s new shift from a manufacturing based economy to a services and investment led one. As part of this, three new ‘national innovation demonstration zones’ will be set up in the …
This week it has come to light that the China-Australia Free Trade Agreement (ChAFTA) will not necessarily protect Australian exporters from China’s newest imposition on goods sold online. From April 8, there will be a 17% value-added tax (VAT) on 70% of the value of a variety of goods sold online in China. The initiative …
China stops building wind turbines because most of the energy is wasted Could this be the end of new wind turbine projects in China for the foreseeable future? China has stopped approving plans to build new turbines as huge amounts of wind power was wasted in 2015. Last year it was reported that 15 % …
More female students who study abroad are returning to China 80% of female Chinese students returned home in 2014 to China following their graduation to continue their careers back at home (China’s Ministry of Education). 60% of female students returned home in comparison to male students, they felt their career prospects and personal life prospects …