Trade and Industry Minister Rob Davies praises R72 million investment in Hisense factory in Cape Town 150 jobs created Hisense started producing a television production line in Johannesburg in 2000. This was its first foray into South Africa. In 2013, it expanded to Cape Town with a R350 million plant in Atlantis. The company expanded…
The label ‘Made in China’ used to mean poor quality, cheap products – but this is no longer true Most workers enjoy decent working environments, not slave-like conditions China has a reputation for producing poor quality products in slave-like conditions. While this may be true of some manufacturers, these are in the minority. One widely…
The plan: a system of satellites that will provide free internet access Set to be launched by 2026 Many places around the world, particularly rural areas, don’t have access to the web. China has seen a gap in the market for free and reliable internet access. LinkSure Network, founded in Shanghai in 2013, is heading…
During the 2018 Beijing Summit of the Forum on China-Africa Cooperation, China pledged to increase opportunities for Africa’s youth Opportunities include scholarships, training opportunities and exchanges Cultivating the next generation of African intellectuals and elites was one of President Xi Jinping’s points on the 10-point China-Africa cooperation plan. During the Forum, President Xi Jinping reiterated…
China flipped the switch on its first floating solar plant in 2017 The plant floats on top of a lake that was once, notably, home to a coal mine China now plans to build a floating solar power plant in space China has built a number of floating solar power plants that have played a…
Warren Buffet made a bet on BYD in September of 2008 – his investment has grown more than 500% in a decade BYD focuses on manufacturing alternative energy vehicles and rechargeable batteries You know a business has great potential if it catches the eye of one of the world’s most renowned investors, Warren Buffet. Buffet’s…
A ‘solar-super highway’ between Hangzhou and Ningbo is expected to be open to the public in 2022 This new highway is paved with solar panels, mapping sensors and battery chargers to power cars as they drive As an intelligent transport system, the solar-super highway fits into three of the priority sectors in the “Made in…
China is considering to postpone its “Made in China 2025” technology plan that aims to develop local expertise and skills and reduce the nation’s reliance on foreign technology. According to sources that spoke to Bloomberg, the country is revising its plans to become an advanced manufacturing leader within a decade until 2035. Initiated in 2015,…
The American electrical vehicle manufacturer, Tesla, has opened up its first ever wholly-owned assembly plant in Shanghai, China, after the Chinese government lifted restrictions on foreign companies producing vehicles in China. The American firm, owned by South African expatriate, Elon Musk, opened the assembly plant in July, after China agreed to lift regulations on global…
China is putting massive effort into building its electric vehicle market. In the first seven months of 2018 China delivered 382 000 electric vehicles – mainly local brands such as BYD, Geely and BAIC. This was an over 80% increase from the same period the previous year, according to the China Passenger Car Alliance, a…