It is hard to keep track of all of our 400+ member companies active across China however here is a snapshot of some members that we have been monitoring over April-May 2010.
Auto Giant General Motors announced record growth during the first quarter - up by 70% on 2009.
Top Chinese oil corporation Sinopec has acquired a US 4.6 billion stake in Syncrude, a Canadian tar sands project owned by new CBI member ConocoPhillips.
Cisco announced commencement of work on 'Tianfu Intelligent Internet City', a major information network platform, in Chengdu's high tech industrial park.
Unilever has boosted its investment by US$ 102.5 million into Hefei city, capital of Anhui province.
Mitsubishi Heavy Industries established a representative office in Chengdu city earlier in 2010 in order to facilitate plans to develop lithium batteries for electric transit buses, as part of their low carbon transport initiatives for China.
UPS has completed its US$ 180 million investment in a logistics hub in Shenzhen. In addition the logistics giant will make a major investment in Hefei city to create Asia's largest shared service centre.
Siemens opened its global IT operations centre in Chengdu in April and will employ more than 100 staff by 2011.
Intel has manufactured its 480 millionth chip at its Chengdu plant. Intel has invested US$ 600 million since opening its Sichuan operations in 2003.
Toyota will launch a new automotive manufacturing plant in the NE city of Changchun in 2011 capable of producing more than 100,000 cars per annum. Toyota sales growth of 13% is forecast for 2010.
New CBI Trade Association member, IPA (Institute of Practitioners in Advertising), is participating at creative workshops at the UK Pavilion at EXPO through May. It is representing the UK Advertising Industry at these and associated events.
Unipart has announced plans to build a second logistics hub in Beijing's Olympic Logistics Park.
Tesco has just announced plans to expand more retail and leisure space in China over the next 5 years than it currently operates in the UK.
For more details on all these stories and more please visit www.cbichina.org.cn
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