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China's largest offshore iron ore transfer base sees recession-defying growth
The Shulanghu Ore Transfer Port in China (Zhejiang) Free Trade Pilot Zone imported 13.52 million tons of iron ore in the first five months of this year, an increase of 16.6 percent year-on-year.
June 11, 2020
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Construction on hydrogen energy project worth $1b begins in Jiaxing
Construction on a $1 billion hydrogen energy project began in Haiyan, a county in Jiaxing, East China's Zhejiang province on June 9.
June 11, 2020
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Foreign-funded projects worth $13.7b signed in Ningbo
The 22nd China Zhejiang Investment and Trade Symposium opened online in Ningbo on June 9. 179 projects worth 363.1 billion yuan ($51.36 billion) were signed.
June 11, 2020
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Cosmetics industry booms in Daixi Town
Daixi Town has been developing the cosmetics industry since 2015, and is now home to 103 companies that cultivate raw materials, manufacture products and develop tourism.
June 10, 2020
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Be & Cheery acquisition to heat up competition in snack market
PepsiCo Inc's recent acquisition of Hangzhou Haomusi Food Co Ltd, also known as Be & Cheery and one of the largest convenient foods companies in China, is expected to further escalate the fierce competition in the country's fast-growing snack market.
June 9, 2020
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City reaches out to Europe in bid to secure new deals
East China's city of Ningbo has pledged to boost trade with Central and Eastern European countries.
June 8, 2020
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Ningbo investment and trade symposium gets underway
The event will be broadcast live online to highlight the efforts made by Ningbo in boosting economic cooperation with foreign markets, especially with the CEEC.
June 8, 2020
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Alibaba, Yiwu city team up for online small-commodities trade show
A trade show featuring small commodities will go online in August, according to a cooperation agreement between Alibaba.com and the commerce bureau of Yiwu, a city dubbed the "World's Supermarket."
June 8, 2020