Posts tagged ‘Wuhan’

24/04/2014

China-Europe railway relaunches – China – Chinadaily.com.cn

A freight train on Wednesday began a journey from central China’s key city of Wuhan to Poland’s Lodz, restarting the Wuhan-Xijiang-Europe rail route after it was suspended for technical reasons.

Its 15-day journey will pass along the Silk Road economic belt through major cities in central and northwest China, Kazakhstan, Russia and Belarus before arriving in the destination.

The rail trip is about one month quicker than the maritime alternative, and costs a fifth as much as air freight, according to the Wuhan Transport Committee.

“It will greatly improve the competitiveness of exports made in Wuhan and nearby regions,” said Yu Shiping, director of the committee.

He predicted that it will contribute to the realization of the Silk Road economic belt, the regional trade infrastructure proposed by Chinese President Xi Jinping.

The train is loaded with 41 40-foot containers holding goods valued at more than 12 million U.S. dollars.

Most of them are products made by Hon Hai/Foxconn, the world’s largest electronics contract manufacturer, which assembles products for Apple, Sony and Nokia in its plant in Wuhan, capital of Hubei Province.

Although railway transport is costly compared to maritime transport, it is a superior option bearing in mind how wildly electronic products prices fluctuate. They are more sensitive to the time-cost in transportation, according to the Foxconn plant in Wuhan.

In a month, the export value of one consignment of electronic products might devalue by about two percent, about several tens of thousands of dollars.

via China-Europe railway relaunches – China – Chinadaily.com.cn.

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15/01/2014

Wuhan overpass swings into place[1]- Chinadaily.com.cn

A 17,000-ton section of an overpass was rotated 106 degrees, one step closer to the completion of an elevated highway in Wuhan city, Central China\’s Hubei province, on Jan 14, 2014. The section on pier number Z63, at a height of 15 meters, was built along the railway to not disturb trains. It finished rotating and joined its other parts in 90 minutes. The completed overpass will be 256 meters long and span 11 railways, including the Beijing-Guangzhou Railway and Wuhan-Hefei Railway. It is expected to open to traffic this month.

Wuhan overpass swings into place

via Wuhan overpass swings into place[1]- Chinadaily.com.cn.

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07/05/2012

* Lenovo Reaches Beyond PC Business

WSJ: “Personal-computer maker Lenovo Group Ltd. said Monday that it plans to spend about $800 million on a new base to house the development, production and sale of mobile products as the Chinese company tries to expand beyond its core PC business.

Lenovo Ideapad U8 MID example

Lenovo Ideapad U8 MID example (Photo credit: Wikipedia)

Lenovo, the world’s second-largest PC maker, said in a written statement on Monday that the five-billion-yuan facility, in the central Chinese city of Wuhan, will have several thousand employees, mainly focused on smartphones, tablet computers and other mobile devices for China and global markets. The company estimates total revenue from the base will reach 10 billion yuan $1.59 billion by 2014, and increase to 50 billion yuan within the next five years. The facility is expected to begin operations in October 2013.

Now, the company is making a mobile-devices push. The investment represents the company’s latest effort to break into new product categories as PC sales lag behind demand for mobile devices, including smartphones and tablets. Lenovo created a business unit last year called the Mobile Internet Digital Home group to focus on developing smartphones, tablets and Internet-connected smart television sets that can communicate with the mobile devices.”

via Lenovo Reaches Beyond PC Business – WSJ.com.

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