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China's Nice Boat Animation expects revenue to double 2018

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By David Cao
David Cao
13 March 2018
Hits: 1355

China's Nice Boat Animation expects revenue to double 2018China's Nice Boat Animation expects revenue to double 2018

Nice Boat Animation, producer of Dahufa, which won the Best Animation Feature category at the 2017 Golden Horse Awards, expects to see its revenue double this year, said a company executive.

The Tianjin-based company has experienced six years of losses since it was established in 2012 and only Dahufa helped it survive and achieve a revenue of 87 million yuan ($13.7 million) last year. Market insiders have suggested that if the film had not been released at the same time as the blockbuster Wolf Warrior 2, the figure could have topped 100 million yuan.

Read more: China's Nice Boat Animation expects revenue to double 2018

Hainan Airlines to launch its first flight connecting London with China

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By David Cao
David Cao
13 March 2018
Hits: 1477

Hainan Airlines to launch its first flight connecting London with China

Hainan Airlines is set to launch its first direct flight route between China and London, with a new non-stop service linking the UK capital and Changsha in Hunan province.

The Chinese carrier said, starting on March 23, three of its Boeing 787 passenger jets will depart each week from Changsha Huanghua International Airport and arrive at London’s Heathrow Airport before making the return journey.

Read more: Hainan Airlines to launch its first flight connecting London with China

Telecoms giant Huawei leads in European patent applications

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By David Cao
David Cao
11 March 2018
Hits: 1077

A Chinese company has topped the European Patent Office's 2017 patent-filing league table for the first time, according to results announced on Wednesday in Brussels.

Chinese telecoms giant Huawei filed 2,398 patents, more than second and third placed Siemens and LG.

In 2016, the Dutch electronics company Philips filed more patent applications than any other company, followed by Huawei and Samsung.

Read more: Telecoms giant Huawei leads in European patent applications

Midea Group expects expansion in China robot market

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By David Cao
David Cao
11 March 2018
Hits: 1177

Midea Group expects expansion in China robot market

Midea Group's robotic arm, in Germany, KUKA AG, will expand production capacity of robots and robotics systems in China, as the country's demand for the machines has been booming recently, according to a senior manager of the company.

"KUKA is working closely with Midea to look for business opportunities," said Wilfried Eberhardt, chief marketing officer of the company. "We will soon double the production capacity in China as the demand for robotics is increasing in the country."

Read more: Midea Group expects expansion in China robot market

Tencent eyeing live streaming edge with more investments

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By David Cao
David Cao
11 March 2018
Hits: 995

Tencent eyeing live streaming edge with more investments

Internet giant Tencent Holdings Ltd is looking to establish a clear lead over rivals in China's livestreaming market with latest investments of over $1 billion in the industry's top firms.

YY Inc, a leading livestreaming social media platform in China, on Thursday announced that its subsidiary Huya Inc has secured series B financing from Tencent to the tune of $461.6 million.

Read more: Tencent eyeing live streaming edge with more investments

More Articles …

  1. China's CPI up 2.9%, PPI 3.7% in Feb 2018
  2. China's Exports increase 44.5% in Feb 2018
  3. Beijing’s grade A office rentals to drop in 2018
  4. BYD's e-bus to hit the roads in Egypt
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Page 15 of 125

Banking

  • China's Gold VAT trade reform aims to tax free for investment
  • China's digital RMB transactions top 14.2 trillion yuan
  • Renminbi asset appeal spurs dim sum bond market
  • UnionPay International Expands European Footprint with Strategic Partnerships and Enhanced Payment Network
  • China T-bond move seen safeguarding financial stability

Real Estate

  • 21 Chinese cities tighten Real Estate Policy
  • LANZHOU NEW AREA new ghost town in China
  • Chinese invest $110 billion in US real estate
  • China's listed real estate companies post $461b of inventories for 2015
  • Beijing eases restrictions on foreigners buying apartments

Society

  • China NIA: Average daily inbound and outbound passenger volume to increase 14.1% during Chinese New Year
  • China U23 team's historic breakthrough
  • China's New railway timetable enhanced connectivity nationwide
  • Yiwu's Factory flaw “sad horse" toys go viral on Chinese Internet
  • From plateau to hard drives: documentary tests NAS technology

Manufacturing

  • China's large drone FP-985 completes pioneering plateau logistics flight
  • China's NEV output tops 16 million units as exports double
  • World's first methanol dual-fuel VLCC "Kaituo" delivered in Dalian
  • China's superconducting quantum prototype 'Zuchongzhi 3.2' achieves key breakthrough
  • C909 has paved the way for China’s large passenger jet

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