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New Straits Times
a day ago
- Business
- New Straits Times
Unilever launches its first all-category food production base in China
GUANGZHOU: The London-based consumer goods giant Unilever put its all-category food production base in China into operation on Friday, marking a milestone in its efforts to advance smart manufacturing and supply chain integration in the country, reported Xinhua. Located in south China's Guangdong Province, the facility is designed to enhance Unilever's operational capabilities in southern China and strengthen its supply chain network in the Chinese market. A logistics park opened alongside the new base, serving as a key hub for cross-regional distribution of Unilever's food business. Its warehouse boasts about 70 per cent higher storage density than standard warehouses, while its receiving and dispatching capacity has risen by 60 per cent. "The launch of the new base makes us confident in our future growth," said Joyce Zhou, general manager of Unilever Foods North Asia, adding that the company will pursue green production to boost both capacity and value. As one of the world's largest consumer goods companies, Unilever operates a regional headquarters and a global reasearh and development centre in Shanghai, along with eight major production bases and logistics centres across China.
Yahoo
03-07-2025
- Politics
- Yahoo
China aircraft carrier 'Shandong' draws crowds in first Hong Kong visit
By Joyce Zhou and Jessie Pang HONG KONG (Reuters) -China's first domestically built aircraft carrier, the Shandong, sailed into Hong Kong waters on Thursday in its first visit to the Asian financial hub, accompanied by three People's Liberation Army vessels including missile destroyers. The five-day visit, coming soon after Hong Kong marked the 28th anniversary of its return from British to Chinese rule, is one of the biggest shows of Chinese military force in Hong Kong in recent years. China's first aircraft carrier, the Liaoning, was rebuilt from a decommissioned Soviet naval vessel and visited Hong Kong in 2017. Last month, both these Chinese ships had conducted the first known dual aircraft carrier operation in the Pacific, in what senior Taiwanese and Japanese officials said signified China's expansionist aims beyond its borders. Stretching 315 meters in length and weighing up to 70,000 tonnes, the Shandong passed through Hong Kong waters before anchoring on the western edge of Victoria Harbour with J-15 fighter jets and Z-18 helicopters on its flight deck. The Chinese missile destroyer Zhanjiang and the missile frigate Yuncheng docked at a PLA naval base on Stonecutter's Island, according to the official Xinhua news agency. The tradition of Hong Kong hosting some of the world's most advanced warships extends back to the decades before 1997, when the city returned to Chinese rule. It was once one of the most popular destinations in Asia for U.S. Navy port visits. After 1997, China still allowed some U.S. Navy ships to visit, including aircraft carriers like the USS Kitty Hawk in 2008, USS Nimitz in 2010, and USS Ronald Reagan in 2018, but as geopolitical tensions grew, these U.S. port visits became rarer and were eventually blocked altogether by Beijing. Hong Kong leader John Lee welcomed the Chinese strike group, noting that thousands of public tickets to visit the flotilla had been snapped up. Lee said the public could "gain a deeper understanding of the achievements in (China's) national defense modernisation." Some spectators gathered along the shoreline with binoculars and zoom lenses to catch a distant glimpse of the ships. "To see this kind of development, where within 20 to 40 years it has progressed to the current level, is very impressive," said Richard Yip, who travelled from his hometown of Dongguan in southern China's Guangdong province. "Not every country can achieve this."
Yahoo
30-05-2025
- Business
- Yahoo
China sets up international mediation body in Hong Kong
By Joyce Zhou and Farah Master HONG KONG (Reuters) - Chinese Foreign Minister Wang Yi signed a convention setting up an international organisation for mediation in Hong Kong on Friday that Beijing hopes will be on par with the International Court of Justice and bolster the financial hub's international credentials. The inauguration comes amid growing geopolitical tensions which have been exacerbated by U.S. President Donald Trump's global trade war and fuelled risks of a sharp worldwide economic downturn. Escalating trade tensions between China and the U.S. have been a focal point for investors and markets in recent months, with the trade war leading to significant impacts on global commerce and supply chains. The mediation body aims to cement Hong Kong's presence as a top centre to resolve disputes between countries, leader John Lee said earlier this week, adding that it's status would be on par with the International Court of Justice and the Permanent Court of Arbitration of the United Nations in The Hague. It would help bring "substantial" economic benefits and job opportunities and stimulate various sectors including hospitality and transport, Lee said. Indonesia, Pakistan, Laos, Cambodia and Serbia are among the countries attending the ceremony. Representatives from 20 international bodies including the United Nations were also expected to join, public broadcaster RTHK said. (This story has been refiled to drop repetitive words from the headline) (Additional reporting by Joe Cash and the Beijing newsroom; Writing by Farah Master; Editing by Tom Hogue and Michael Perry)
