Latest news with #Jiangsu
South China Morning Post
3 days ago
- General
- South China Morning Post
Chinese university canteen recruits manager who must have PhD, sparks heated debate
A university in eastern China recruiting a canteen manager has sparked controversy online by requiring job candidates to hold a doctoral degree. Southeast University in Nanjing, Jiangsu province, posted a recruitment advertisement on its official website on May 22. As a top institution in China affiliated with the government's '985' and '211' projects, Southeast University is among only 39 mainland universities, including the prestigious Tsinghua and Peking universities, considered an entry ticket to better job or further study opportunities. In the advertisement for the position of office manager for the university's canteens, candidates are required to have a doctoral degree. Duties for this role include overseeing the development and preparation of dishes, managing canteen contractors, supervising food safety, and handling administrative paperwork. Key responsibilities for this position include overseeing the development and preparation of dishes, managing canteen contractors, supervising food safety, and handling administrative paperwork. Photo: Shutterstock Additionally, candidates must demonstrate proficiency in English and office software, with preference given to those with relevant work experience and Communist Party membership.
South China Morning Post
6 days ago
- Automotive
- South China Morning Post
Sweden's Scania makes €2 billion China bet with new factory, eyeing Asian growth
Swedish truck maker Scania will launch a €2 billion (US$2.28 billion) Chinese production hub in October, its third global manufacturing base alongside facilities in Sweden and Brazil, according to CEO Christian Levin. The new factory in Rugao, in China's eastern Jiangsu province, will eventually reach a production capacity of 50,000 vehicles a year – nearly double what Scania's Brazilian plant produced in 2024. It would also boost demand for parts made in South America, said Levin, who also runs group Traton, which includes the brands Scania, Man, International, and Volkswagen Truck & Bus. Setting up in the Chinese market also gives Scania access to the next generation of transport technology in China. 'We want to tap into that,' he said. 'We want to be part of the ecosystem. We want to be close to the competition.' Scania is also kicking off a new four-year investment cycle in Brazil, which became its second hub after Sweden in the late 1950s, with about US$350 million of capital spending at its local hub, based in Sao Paulo state, by 2028. Part of the investment is going to initiatives concerning clean transport, including electrification. With its main production hubs in Europe and South America offering the same products in different geographies, Scania has been able to expand its presence in several parts of the world.
Yahoo
23-05-2025
- Sport
- Yahoo
Youth sports exchange to bridge cultures, strengthen ties
The 2025 Belt and Road Youth Sports Exchange Week (Jiangsu) NANJING, China, May 23, 2025 (GLOBE NEWSWIRE) -- The 2025 Belt and Road Youth Sports Exchange Week (Jiangsu) officially launched on Wednesday in Jiangyin, east China's Jiangsu Province, gathering nearly 500 international students from 66 countries and regions. A Media Snippet accompanying this announcement is available in this link. Held at Jiangyin Feima Water City from May 20 to 27, the event features a lineup of activities, including youth men's 3x3 basketball invitational, youth outdoor sports challenge, and youth orienteering training camp. These initiatives aim to create a dynamic platform for cross-cultural dialogue and friendly competition. "Sports transcend barriers. They are a universal language that connects everyone, regardless of nationality or background," said Mutai Ronald Kipsang, a Kenyan doctoral student at Nanjing Agricultural University. "Through teamwork and our shared pursuit of excellence, we unite. This event isn't just about skills. It's about building lasting friendships and exchanging ideas." Now in its fifth consecutive year, the exchange week has evolved into a flagship cultural initiative for Jiangsu, a province renowned for its economic vitality, educational resources, and strategic ties with Belt and Road partners. By integrating sports with storytelling, the event highlights Jiangsu's cultural heritage while strengthening bonds among global youth through shared athletic experiences. Leveraging its geographic advantages and robust economic and academic infrastructure, Jiangsu has deepened collaboration with Belt and Road countries and regions in trade, technology, and people-to-people exchanges. The annual event underscores this commitment, using sports as a medium to promote Chinese culture, share local narratives, and nurture a spirit of peace, friendship, and cooperation among participants. Source: The 2025 Belt and Road Youth Sports Exchange Week (Jiangsu) CONTACT: Contact person: Ms. Ling, Tel: 86-10-63074558
South China Morning Post
23-05-2025
- Business
- South China Morning Post
Jiangsu Hengrui makes solid Hong Kong trading debut as shares jump 29%
Jiangsu Hengrui Pharmaceuticals, one of China's largest drug makers, began trading on the Hong Kong stock exchange on Friday, marking a key step in its international expansion and giving a boost to the city's recovering initial public offerings (IPO) market. Trading under code 1276, Hengrui first changed hands at HK$57.00, up 29.4 per cent to its offer price of HK$44.05, in a stock offering that raised HK$9.89 billion (US$1.26 billion). The strong debut signals solid investor confidence in the company's long-term prospects, particularly its growing international pipeline and innovative drug R&D capabilities. Retail investors in Hong Kong submitted bids that oversubscribed their tranche more than 450 times, while the institutional tranche was oversubscribed more than 17 times, according to a stock exchange filing on Thursday. 'Hengrui has experienced an extraordinary journey, growing into an innovative, international large-scale listed pharmaceutical company,' said Dai Hongbin, deputy chairman of Hengrui, adding that the company was honoured to complete the A shares plus H shares listing. 'Listing in Hong Kong is a key step for Hengrui to enter the international capital market and accelerate innovation and internationalisation,' he said. 'We will take this listing as a new starting point, remain true to our original aspiration, forge ahead, strive for high-quality development and global layout, and inject strong impetus into the high-quality development of China's pharmaceutical industry, providing better innovative medicines for patients worldwide.'
Bloomberg
21-05-2025
- Business
- Bloomberg
Hengrui Pharma Prices at Top End for $1.3 Billion Hong Kong Listing
Jiangsu Hengrui Pharmaceuticals Co. priced its Hong Kong stock offering at the top of the marketed range to raise HK$9.9 billion ($1.3 billion). The Chinese drugmaker, which focuses its research on cancer and cardiovascular diseases, sold 224.5 million shares at HK$44.05 a share, according to terms of the deal seen by Bloomberg.
