Musk: 10 to 12 Superfactories on five continents
Musk recently accepted an interview, revealing that Tesla plans to build 10 to 12 Superfactories on five continents to promote the growth of electric vehicle capacity. But at the time, he didn't detail the full distribution of those factories. (via TechWeb)
Estee Lauder: Investing in a World-Class R&D Center in China
U.S. cosmetics conglomerate Estee Lauder has announced plans to invest in a world-class research and development center in China that will utilize cutting-edge technology and equipment to drive breakthrough beauty innovations in China, Asia-Pacific, and around the world. (vai interface)
GREE Real Estate set up medical company to produce masks
GREE Real Estate subsidiary Zhuhai Gaoge Enterprise Management Co. The company mainly produces masks and other medical supplies. (via Capital State)
Toyota and Panasonic have entered into a $900 million joint venture to make automotive batteries
Toyota and Panasonic have teamed up to form a joint venture called Prime Planet Energy & Solutions, which will be used to make automotive batteries. The new company employs 2,400 people from China out of 5,100. (via TechWeb)
Azure Bio's $200 million investment in technological transformation project
Azure Bio's wholly-owned subsidiary, Azure Bio, intends to invest in the construction of a technological transformation project with an annual output of 1,000 tons of functional edible probiotic series products in Azure Bio's existing plant in Shandong, with a total investment of $202 million, of which $187 million will be invested in construction and working capital will be increased to $250 million. is 187 million yuan, working capital of 15.06 million yuan. (via Hexun.com)
Sanyu Pharmaceuticals: Investment in the construction of five medical mask production lines
Sanyu Pharmaceuticals' wholly-owned subsidiary, Chenggi Pharmaceuticals, will invest 18.62 million yuan in the construction of five automated production lines of medical masks on the basis of the existing site facilities. (via Finance)
Tai Chi Group: will invest in medical masks project in Nanchong, Chongqing
Chongqing Tai Chi Group will invest in the construction of medical masks and other medical equipment production projects in Xichong County, the first phase of which will be leased in the county's economic development zone, "Double Chance" incubation center of the standardized plant 1500 square meters for production. (via SSE News)
Suzhou High-Tech: 50 million yuan in rent remission for SMEs
Suzhou City, Suzhou High-Tech New District have issued a response to the epidemic to support small and medium-sized enterprises (SMEs) *** through the difficult times of the policy views, a total of 1060 SMEs 50 million yuan in rent remission. (via Xinhua Daily)
Shanghai: Supporting Telecom Operators to Provide Free Cloud Office for Half a Year
Shanghai supports telecom operators to provide SMEs with more than six months of free cloud office services such as cloud video conferencing, and encourages information system solution providers to offer integrated informatization solutions for enterprises. (via Yicai)
Inner Mongolia: Enterprises not laying off fewer employees will get 50% of their unemployment insurance premiums back
During the outbreak, Inner Mongolia returned 50% of the actual unemployment insurance premiums paid in the previous year to enterprises not laying off or fewer employees, and for small and medium-sized enterprises (SMEs) facing temporary operational difficulties, the return standard was raised to 50% of the social insurance premiums paid by the enterprises and their employees in the previous year's six-month period. For small and medium-sized enterprises facing temporary business difficulties, the rebate standard was raised to 50% of the social insurance premiums paid by the enterprise and its employees for six months in the previous year. Unlike the unemployment insurance policy implemented in the past to help enterprises stabilize their jobs, Inner Mongolia has relaxed the conditions for implementing the policy, including relaxing the criteria for the layoff rate of the rebate policy to no higher than 5.5 percent of the national urban survey unemployment rate, and the layoff rate to no more than 20 percent of the total number of employees in the enterprise. (via New Beijing News)
Shenzhen Airport: 2 months of rent reduction, property management fees **** 80 million
Shenzhen Airport on the Company and its affiliated enterprises (including express mail center) to hold property rent reduction. Exemption of property rent resources: the scope of property resources involved in rent exemption, including the T3 terminal building commercial (including stores, ticket counters and self-service check-in resources), warehousing and logistics facilities, factories, ancillary services four categories, the area of *** counted 165,000 square meters, it is expected to *** reduction of 80 million yuan. (via Daily Economic News)