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Volvo construction unit expects 50% sales growth this year
2020-11-03
Sales of Volvo Construction Equipment in China, an arm of Sweden's Volvo Group, are expected to see year-on-year growth of 50 percent this year, according to Chen Lin, vice president of Volvo CE China Sales Region, on Nov 2.
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Lujiazui a center for financial leasing business
2020-10-15
Lujiazui is currently home to 214 financial leasing companies, four of which make the list of China's top 10 companies.
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Lujiazui boosts spillover effect of CIIE
2020-10-21
Nearly 30 exhibitors at the China International Import Expo (CIIE) have set up operations in the Lujiazui area of Pudong since the first edition launched in 2018, according to the local administration.
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Waigaoqiao hotbed for intelligent manufacturing
2020-09-18
The International Intelligent Manufacturing Industrial Park of Waigaoqiao is now home to 41 of the world's top 100 machine tool enterprises, seven of which are in the top 10.
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Financial leasing business soars in Lujiazui
2020-09-16
Porsche invested 197 million yuan ($29 million) to set up its financial leasing company in Lujiazui Financial district in Pudong, Shanghai on Sept 9.
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First wholly foreign-owned mutual fund settles in Lujiazui
2020-09-02
BlackRock, the world's largest investment management firm, was approved by the China Securities Regulatory Commission on Aug 28 to set up a wholly-owned mutual fund unit in Lujiazui, Pudong New Area.
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'AIsland' pushes firms to spearhead innovation
2020-09-02
Shanghai's Zhangjiang Artificial Intelligence Island is stepping up efforts to explore innovative application scenarios by encouraging industry leaders to empower smaller companies in a bid to jointly foster the entire AI industrial chain.
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Shanghai FTZ still attractive for foreign investment despite epidemic
2020-08-28
Despite the effects of the pandemic, the bonded area of the China (Shanghai) Pilot Free Trade Zone (FTZ) received total contractual investments of nearly $2.5 billion in the first half of this year, up 20.41 percent year-on-year.