LiuGong delivers loaders to South Africa clients
28 Jun 2020 - Guangxi LiuGong has just delivered 8 sets of crawl loaders to clients in South Africa. LiuGong’s South African branches stepped up online connection with local distributors, sales agencies and clients as resources were limited when the coronavirus struck. The company also kept training sessions opened for potential customers and users, providing them with timely information on market trend. It won several orders for 8 sets of CLG856H loaders. In South Africa, LiuGong already garners the largest share in the market of 5-ton loaders. Sales orders continue to flow in, and many are returning customers.
China extends tariff cuts for companies
24 Jun 2020 - China will continue to lower tariffs of public utilities, giving a 5% discount on electricity tariffs for industrial and commercial accounts. The policy will last till 31 December this year, ensuring lower electricity costs for industrial and commercial users, industry parks and office complexes.
Virtual Canton Fair opens on 15 June
15 Jun 2020 – The virtual opening ceremony of the 127th Canton Fair was held in Beijing and kick-started by Premier Li Keqiang today. The trade exhibition, held online for the first time, expects to see over 26,000 exhibiting companies from around the world. White goods manufacturer Gree, Loctek Ergonomic Technology Corp. of Ningbo, Zhejiang, Huida of Tangshan, Hebei producing bathroom hygiene products, and tens of thousands of manufacturers are eager to showcase their latest products.
Renminbi-Riel direct exchange made debut
8 Jun 2020 – The Phnom Penh branch of Bank of China (Hong Kong) completed the first Renminbi-Riel direct exchange rate quote and foreign exchange for Cambodia, making direct remittance of Renminbi to Cambodia more convenient. The first direct remittance was made possible and witnessed by branches in Hong Kong, Nanning of Guangxi, and Phnom Penh.