CHANGCHUN, China, March 28 (Bernama-AsiaNet) --
Well-known as the Auto City of China and one of China's Northeast old industrial bases, Jilin Changchun witnessed a good start supported by its diversified economic development this year. From January to February, the city's fixed asset investment grew by 30.3%, the total industrial output value above scale increased by 11.3%. In this critical period of the Northeast regional economic revitalization and development, through its dramatic change and reform in working style, management mechanism and industrial re-allocation, the city's economic and social situation are showing new trend and new climate, investment potential and environment are improving, a solid foundation for sustainable economic development for the next two years was ready. Changchun constantly adjusted the industrial organization, from the original solo of automobile industry to a chorus of diversified and thriving development of all economic forms, its plan to build 6 billion-RMB level of strategic emerging industries will provide more impetus for the revitalization of the economy, the proportion of those industries in total economic volume will gradually increase. Those industries includes advanced equipment manufacturing, optoelectronic information, biological and pharmaceutical health, new energy vehicles, new materials and big data industry. The first two months of this year, Changchun pharmaceutical industry, food industry, new energy industry output value has increased by 13.3%, 13.2% and 6.8% respectively, an even more obvious impetus to the industry growth. In 2016, Changchun six strategic emerging industries have accumulated output value of RMB 166.33 billion, an increase of 11.8% year-on-year. Changchun's economic diversification trend gradually showed clear support, the pace of local industrial transformation and upgrade is definite. To adapt to this new trend, all departments of municipal government are high active and focused on promoting the development. Government departments developed work arrangements to help enterprises coordinate the start of business, approval procedures and other works. In this last winter, Changchun changed the tradition of Chinese northeast construction projects idle period, many construction, site earthwork, transportation work were not delayed by the cold climate. In order to better serve enterprises, Changchun explored and practiced infrastructure projects parallel approval mode, from the old way of 13 related departments sequential approval to one head department with other related working parallel and in strict time limitation. The number of scene investigation was cut from 18 into 2, construction planning permission declaration materials reduced from 78 to 21, the approval time from 302 working days was compressed to 51 on theory, which provides a great convenience for investment enterprises. Changchun also vigorously promote the reform of commercial systems, through relaxing restriction of residence registration and the registration system reform as Five Certificates in One and One Certificate One Code, greatly reducing the threshold of market access, the main market private sectors enjoyed rapid economic growth, attracting more domestic and foreign well-known enterprises to invest and set up factories. Last year, Changchun completed investment in fixed assets (excluding farmers) 465.9 billion RMB, an increase of 10.5%, 2.4% higher than the national average. Changchun monitored its reform measures from performance evaluation to implementation supervision, from the TV politics to Tolerance Exemption, fought against Inaction, from the system level to provide protection for the development, to avoid the economic development temporary benefits caused Fast and Irresponsible Actions, laying a solid foundation for long-term development. SOURCE: Changchun Municipal Publicity Department --BERNAMA
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KUMPULAN PERANGSANG SELANGOR BERHAD ("PERANGSANG SELANGOR")
KUALA LUMPUR, March 29 (Bernama) -- We refer to the Notice which was despatched to the shareholders of CBB who have not accepted the Offer ("Dissenting Shareholders") on 5 January 2017. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the Notice. On behalf of the Board of Directors of Perangsang Selangor, CIMB Investment Bank Berhad ("CIMB") wishes to announce that the period for the Dissenting Shareholders to exercise their rights pursuant to Section 223 of the CMSA has expired at 5.00 p.m. on 28 March 2017 ("Expiry Date"). The number of CBB Shares transferred to the Offeror, as at 5.00 p.m. on the Expiry Date pursuant to Dissenting Shareholders exercising their rights under Section 223 of the CMSA and the total CBB Shares held by the Offeror as at 27 December 2016, being the closing date of the Offer, are set out in the table below: No. of CBB Shares %(¹) CBB Shares held by the Offeror as at 27 December 2016 ("Closing Date") 111, 754,566 93.13 CBB Shares transferred to the Offeror pursuant to Section 223 of the CMSA up to 28 March 2017 7,017,000 5.85 CBB Shares held by the Offeror as at 5.00 p.m. on 28 March 2017 118, 771,566 98.98 Note: (1) Based on the issued and paid-up share capital of 120,000,000 CBB Shares. This accordingly marks the completion of the Offeror's obligations to the Dissenting Shareholders under Section 223 of the CMSA. Should you have any queries, please contact Encik Zain Azhari Mazlan, Ms Ang Lay Leng or Encik Muhamad Hamidin at (603) 2261 8888 at extension of 0338, 0983 or 0981. For and on behalf of CIMB Investment Bank Berhad ZAIN AZHARI MAZLAN Managing Director Corporate Finance Investment Banking TEH LIANG SENG Associate Director Corporate Finance Investment Banking Source : CIMB Group FOR MORE INFORMATION, PLEASE CONTACT: Name : Muhamad Hamidin bin Mohd Shah Corporate Finance CIMB Investment Bank Berhad Tel : +603 2261 0981 Fax: +603 2261 0999 KUALA LUMPUR, March 28 (Bernama) -- Pacific Mutual Fund Bhd, an investment
management company, has launched the Pacific Dynamic Global Islamic Fund. It is the first Malaysian Shariah-compliant global fund with a dynamic and flexible asset allocation. In a statement today, Pacific Mutual said the fund aims to provide capital growth and income in the medium to long term by investing in a global portfolio of Shariah-compliant equities, sukuk and Islamic money market instruments. "Investors can now have access to these global Shariah-compliant asset classes of equities and sukuk (fixed income). "Ranging from 0 per cent to 100 per cent in any of the asset categories, it can not only potentially profit from market volatilities, but the combination of equities and fixed income allocation should also reduce overall portfolio volatility," it said. Chief Executive Officer and Executive Director Teh Chi-cheun said there is a huge universe of Shariah-compliant investments globally, especially in sectors such as consumer staples, technology, logistics and energy. "Growing populations and increased awareness will also have a great impact on the growth of Islamic fund assets," he said. The fund’s initial offer price is RM0.5 per unit during the initial offer period of March 28-April 17, 2017. -- BERNAMA TOKYO, March 22 (Bernama) --
- DURANEX(R) PBT Flame Retardant Grades - Polyplastics Co., Ltd. has released information about its recent development of unique materials that can improve customers' product quality in terms of fire-safety and other additional features. (Image: http://prw.kyodonews.jp/prwfile/release/M100475/201703169998/_prw_PI1fl_AE5E79p5.gif) Polybutylene terephthalate (PBT) is an engineering resin with well-balanced properties. Different types of PBT can be created through the addition of various additives, allowing it to be used in a variety of applications -- from the electrical/electronic to the automotive fields. Recent years have seen a real escalation in safety requirements for reducing the risk of fires, and in material requirements for improving the durability of components. At Polyplastics, we develop flame-retardant PBT grades that meet these demands. We are ready to meet your every need. DURANEX(R) PBT NF Series with Halogen-Free Flame Retardant: The NF Series satisfies the requirement for halogen-free flame-retardant materials derived from corporate policies and environmental protection initiatives. In addition, the drastically improved tracking resistance of the NF Series allows for increased design freedom, including shortening of the creepage distance between terminals. DURANEX(R) PBT 330GW with High Glow Wire Ignition Temperature: 330GW exhibits outstanding glow wire characteristics, with an ignition temperature (GWIT) of 775 C or above. According to IEC60335-1, an international standard relating to the safety of major household appliances, parts composed of 330GW are exempt from glow wire testing (GWT) regardless of their thickness or shape. mrem.bernama.com/viewsm.php?idm=28743 As China rolls out “Healthy China 2030” initiative and gets committed to deepening the supply-side structural reforms in 2017, Healthcare China 2017, a healthcare investment conference in China, will gather business insiders to help industry players succeed in the fast-growing healthcare market.
SHANGHAI, March 27 (Bernama-BUSINESS WIRE) -- Last October, the Chinese government approved a blueprint called “Healthy China 2030”, pledging to build a healthy China in the next 15 years. By 2030, the size of the healthcare market is expected to reach $2.3 trillion. This initiative is in line with China’s determination to deepen the supply-side structural reforms in 2017 by substantially driving down overcapacity, and increasing efficient supply which call for stricter standards in healthcare industry. The next 15 years will see a surge of investment and changes in the industry. Healthcare China 2017, organized by Reed Sinopharm Exhibitions (RSE), is a platform for global investors to discover more about the dynamics of healthcare business in China. To be held on May 13-14, 2017, at the Pullman Shanghai, the event will attract corporate leaders, government regulators, influencers, researchers and entrepreneurs, focusing on three main areas of investors’ interest—biomedical, medical devices, and medical services. SURGING POTENTIAL China’s healthcare market is projected to grow at an unprecedented CAGR of about 12% to reach $1 trillion by 2020, up from $357 billion in 2011, as estimated in a recent report from McKinsey & Co. Against the backdrop of key technological changes such as artificial intelligence, Healthcare China 2017 will invite the principal of IBM Watson to deliver a speech on “The Future of Artificial Intelligence in Medical Industry”. Besides, industrial experts will discuss market trends and analyse government programs aiming to promote a tiered healthcare system, ensure effective drug delivery and management. PROMOTING INTERNATIONAL PARTNERSHIP China’s healthcare sector has been attracting increasing investment from global investors who are keen on entering or expanding their presence in China. Healthcare China 2017, which features the Top 60 innovative healthcare companies in China today, and profiles at least 500 influential CEOs and partners of leading investment companies, will be a place for global healthcare companies to demonstrate their product and process excellence, and learn China’s regulations and policies in the industry. To register and know more about the event, visit http://www.thishealthsummit.com/ View source version on businesswire.com: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=51530818&lang=en Contacts Reed Sinopharm Exhibitions James Wang [email protected] Source: Reed Sinopharm Exhibitions |
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