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Explore the Wonders of Hong Kong from sky100 with the Opening of the Guangzhou-Shenzhen-Hong Kong Express Rail Link

HONG KONG, Sept. 19 (Korea Bizwire) – The Guangzhou-Shenzhen-Hong Kong Express Rail Link (XRL) will open on 23 September, connecting Hong Kong to China’s 25,000-kilometre trans-national high-speed rail network. This vast network offers direct trains to 44 destinations across the mainland, including six short-haul destinations in Guangdong Province, and 38 long-haul destinations such as Beijing, [...]

AI and Related Technologies Could Create Around 90 Million More Jobs in China than They Displace over Next Two Decades

TIANJIN, China, Sept. 18 (Korea Bizwire) — AI and related technologies such as robots, drones and autonomous vehicles could provide a net boost to employment in China of around 12% over the next two decades, equating to around 90 million additional jobs. Launching the analysis at the World Economic Forum Annual Meeting of the New [...]

Man Arrested for Secretly Transferring Classified Technology to China

CHANGWON, Sept. 14 (Korea Bizwire) — A man in his 40s who secretly transferred to China the floor plans of a facility that helps reduce air pollution owned by a Korean company has been arrested. The Gyeongnam Provincial Police Agency’s international crime investigation division said yesterday that it had arrested a 42-year-old man who was [...]

SK hynix to Build Hospital in China

SEOUL, Sept. 10 (Korea Bizwire) — SK hynix Inc., the world’s second-largest memory chipmaker, is said to be set on building a general hospital in Wuxi, a city in Jiangsu Province, home to a factory operated by the South Korean semiconductor giant. According to industry insiders, SK hynix CEO and Vice Chairman Park Sung-wook recently [...]

AbacusNext Document Automation Platform HotDocs Powers Legal Contract Drafting Service in China

SAN DIEGO, Sept. 6 (Korea Bizwire) — HotDocs, an AbacusNext product and the global leader in document automation software, today announced its partnership with legal services provider, docQbot (Beijing docQbot Huiwen Data Technology Co., Ltd, a sister company of China Going Global Think-tank (“CGGT”)). HotDocs’ industry leading document automation technology will power docQbot’s recently launched [...]

China Still Dependent on S. Korean Memory Chips

SEOUL, Sept. 6 (Korea Bizwire) — China remained dependent on South Korea in 2017 for more than half of its memory chip demand, despite Beijing’s latest efforts to foster its chipmakers on a big scale, data showed Thursday. According to the data compiled by the Korea International Trade Association and the Korea Trade-Investment Promotion Agency, [...]

Hyundai Mulls Exporting China-made Cars to Southeast Asia

SEOUL, Aug. 30 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. said Thursday they are considering shipping some of their cars made in China to Southeast Asia amid lackluster sales in the world’s biggest automobile market. Still, a Hyundai official said it could take time before making a final decision. He [...]

Huawei Expands its Corporate Social Responsibility Program in Korea

SEOUL, Aug. 29 (Korea Bizwire) — Huawei, the world’s largest manufacturer of telecommunications devices, will expand its corporate social responsibility (CSR) program ahead of the formal adoption of 5G smartphone devices by local telecommunication operators. Huawei announced yesterday that it had carried out “Korea Seeds for the Future,” a program aimed at nurturing local Information [...]

SK Innovation to Invest in 820 bln Won Battery Plant in China

SEOUL, Aug. 24 (Korea Bizwire) — SK Innovation Co., South Korea’s largest refiner by sales, said Friday it will invest in a 820 billion won (US$730 million) battery plant in China, a move aimed at meeting growing demand for car batteries. In a joint venture with BAIC Motor Corporation., Ltd. and Beijing Electronics Holding Co., [...]

South Korean Beer Exports to China Surge in 2017

SEOUL, Aug. 22 (Korea Bizwire) — South Korea’s beer exports to China more than doubled in 2017 from the previous year, but exports of other alcohol dropped steeply, industry data showed Wednesday. South Korea shipped US$50.2 million worth of beer to China in 2017, more than twice as much as $23.9 million tallied for the [...]