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EU introduces tire labeling regulation

The European Commission recently introduced the tire labeling regulation—EC1222/2009. From November 1, 2012, tires sold in the EU for passenger cars, light trucks, trucks, and buses must be labeled with their fuel efficiency, rolling noise, and wet grip ratings. The goal is to reduce energy consumption in Europe by 20% by 2020. The regulation standardizes three key tire performance indicators: fuel efficiency (i.e., tire rolling resistance), graded A to G; wet grip, graded A to F; and road noise, measured according to specified testing procedures.

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03-15

EU introduces tire labeling regulation

Hannover Messe report

The 2010 Hannover Messe in Germany officially concluded on April 19-23. The five-day exhibition attracted 4800 exhibitors from 64 countries and regions, with 150,000 professional visitors (official data from the Hannover website). 2009 was a significant year for Hannover Messe. The five-day exhibition attracted 6150 companies from 61 countries and regions, with an exhibition area of over 224,800 square meters. The number of international exhibitors reached a new high in 2009, with nearly half of the exhibitors coming from outside Germany. China exhibition

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03-15

Hannover Messe report

The three giants of retail are betting on their own brands, launching a silent battle against brand manufacturers.

Seven & i Holdings Co., Ltd., the world's largest convenience store company, recently announced in Beijing the official launch of its first global strategic product under its own brand in China - "Yosemite" wine. Previously, Seven & i had already entered the Chinese market with WMart, 7-Eleven convenience stores, and Wangfujing (600859) Yanghua Food Supermarket. Just half a month ago, Walmart, the world's largest retailer, revealed that the core of its global procurement strategy is to continuously increase the direct procurement of Walmart's own brands. Currently, Walmart's annual procurement of its own brands exceeds US\$100 billion, but direct

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03-15

The three giants of retail are betting on their own brands, launching a silent battle against brand manufacturers.

Jiang Damming met with guests from Nigeria

On August 4, Jiang Daming, Deputy Secretary of the Provincial Party Committee and Governor of Shandong Province, met with Governor Olusegun Abiodun and his delegation in Jinan. He welcomed Governor Abiodun's visit to Shandong and congratulated the two sides on the establishment of a friendly relationship. He stated that Shandong highly values developing friendly cooperation with African countries and considers Nigeria a priority destination for its 'going global' strategy in Africa. Establishing a friendly provincial-state relationship between Shandong Province and Ogun State is necessary for the healthy development of cooperation between the two sides, aligns with the wishes of the people of both provinces and states, and will lay a more solid foundation for cooperation in various fields such as economy and culture. Shandong Province and Ogun State

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03-15

Jiang Damming met with guests from Nigeria

China-Chile Free Trade Area Service Trade Agreement implemented from August 1st

According to the Ministry of Commerce website, the Supplementary Agreement on Trade in Services to the Free Trade Agreement between the Government of the People's Republic of China and the Government of the Republic of Chile (hereinafter referred to as the China-Chile FTA on Trade in Services) came into effect on August 1, 2010. According to the introduction, the two countries signed the above-mentioned agreement on April 13, 2008. According to the agreement, 23 sectors and sub-sectors of China, including computers, management consulting, real estate, mining, environment, sports, and air transport, as well as Chile's legal, architectural design, engineering, computer, R&D, real estate, advertising, management consulting, mining, manufacturing, leasing, distribution, and education sectors, ...

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03-11

China-Chile Free Trade Area Service Trade Agreement implemented from August 1st
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