Shanghai Releases Three Year Cloud Computing Plan

  • Shanghai Releases Three Year Cloud Computing Plan
    In the next three years, Shanghai will strive to make itself an Asia-Pacific Cloud Computing Centre.
  • Volvo Gets a Parking Place in Shanghai
    Zhejiang Geely Holding Group Co Ltd has got the necessary approval to set up a production facility in Shanghai for Volvo cars.
  • P&G Unveils New Beijing Innovation Centre
    Procter & Gamble announced at the inauguration of a USD70m-worth P&G Innovation Centre in Beijing.
  • Yuan-Ringgit Trading Initiated
    China began trading in the yuan against the Malaysian ringgit, marking another step to internationalise its currency.
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    Shanghai Releases Three Year Cloud Computing Plan
    August 19, 2010 09:55
     
    In the next three years, Shanghai will strive to make itself an Asia-Pacific Cloud Computing Centre and will cultivate ten cloud computing enterprises with annual incomes of more than RMB100m, according to the "2010-2012 Shanghai Plan for Promoting the Cloud Computing Industry" officially released by the Shanghai municipal government. Also, the Shanghai Cloud Computing Industry Base was officially launched in the Shanghai Shibei High-Tech Park.
     
     
     
    Volvo Gets a Parking Place in Shanghai
    August 20, 2010 15:25
     
    Zhejiang Geely Holding Group Co Ltd has got the necessary approval to set up a production facility in Shanghai for Volvo cars, sources familiar with the matter confirmed without disclosing further details, as the decision awaits Geely’s formal announcement. The plant will produce Volvo C30 and V70 models in 2012. The company will also locate Volvo's China HQ, R&D centre as well sales and sourcing centre in Jiading. Work on the facilities is expected to begin in the Q1 of 2011. Jiading has already provided a 16,000-sqm workshop to Volvo for its temporary R&D centre.
     
     
     
    P&G Unveils New Beijing Innovation Centre
    August 19, 2010 09:56
     
    Procter & Gamble plans to invest at least USD1bn in China in the next five years, the company announced at the inauguration of a USD70m-worth P&G Innovation Centre in Beijing. It is P&G's sixth research facility worldwide and is expected to be one of its few innovation centres which support its global business. The centre, which specialises in product development and innovation in fields of fabric care, beauty and hairdressing, oral care, female care, baby care and snacks, is relocated this year to the suburban Shunyi District from Tsinghua Science Park.
     
     
     
    Yuan-Ringgit Trading Initiated
    August 19, 2010 09:55
     
    China began trading in the yuan against the Malaysian ringgit, marking another step to internationalise its currency. The introduction of a sixth currency to trade against the yuan comes after the People's Bank of China announced it would open the yuan bond market to funds accumulated overseas through trade settlement or central bank swaps.
     
     
     
     
    Attributed by Shanghai Business Review