Hydrogen locomotive
The first hydrogen-powered locomotive was built on the basis of a modernized combustion locomotive from the FCC DaTong Co. production line, Ltd. (中车大同电力机车有限公司). The locomotive is equipped with a high-power hydrogen fuel cell strategy that can be flexibly configured according to the needs. A vehicle with tanked tanks ‘full’ can operate continuously for 190 hours.
This is simply a crucial step in the energy saving and simplification of CO2 emissions in transport. This is besides a way to usage working combustion locomotives for energy transformation. There are now over 7,800 diesel locomotives on the tracks in China. Of these, 90% can be upgraded and adapted to usage hydrogen as fuel.
Source:
Public transport – Shanghai
This metropolis (25 million inhabitants) has 508 metro stations and over 65,000 bus stops. In 2022 13.99 million passengers moved to Shanghai all day. 70% of them, or 9.8 million people, utilized the metro line.
Line 11 was late launched in Shanghai. It connects the metropolis to the city of Suzhou. This is the longest metro line in the world: 123.7 kilometres...
Source:
American bonds in Chinese hands
The U.S. Treasury Department study confirmed that in April China somewhat reduced (by USD 400 million, approx. PLN 1.633 billion) the volume of government government government government government government government government government government government government bonds held. China presently owns US papers worth US$868.9 billion (about PLN3.547 trillion) and is the second largest holder in the planet after Japan. This is the lowest level since May 2010, and it has fallen successively in the last 7 months.
Source:
Housing prices in May
According to the State Bureau of statistic (国家统计局) figures, in May prices of housing sales in 45 large and 15 medium-sized cities increased from period to month. For statistical analyses data from 70 large and medium-sized cities are adopted. Growth is low compared to erstwhile months. In the major cities of the alleged “first circle”, prices increased as follows:
- Beijing 0.2%
- Shanghai 0.3%
- GuangZhou 0.1%.
At the same time in the 4th city from the "first circle", in Shenzhen housing prices fell by 0.2%.
The prices of housing have continued to emergence in the last month, but the dynamics of this growth is clearly decreasing. It is hard to return to the recovery observed in the first 4th of this year.
Source:
Venture Capital Success
The largest investment fund in the country QiMing Venture Capital (国内知名VC) in the current circular of financing gained 6.5 billion RMB capital (about PLN 3.9 billion). That's the biggest amount raised by the fund this year.
QinMing manages 18 funds with full assets of RMB 66.56 billion (approximately PLN 40 billion). This circumstantial fund specialises in investments in early phase projects, operating in the fields of technology, healthcare, consumption.
VC capital comes mainly from investors in the insurance sector, listed companies, state-owned companies and local governments.
QiMing Venture Capital was established in 2006 and has its offices in Shanghai (上海), Beijing (北京), SuZhou (苏州), Hong Kong (香港) and Seattle, Boston and San Francisco. He has so far invested in more than 530 companies, of which more than 200 are already listed on stock exchanges in fresh York City, Hong Kong, Shanghai and Shenzhen.
In addition, 70 companies in QiMing's portfolio are "unicorns" (the forms younger than 10 years with a marketplace value of at least USD 1 billion, or about PLN 4.2 billion).
The Fund has invested in its past in companies specified as:
- XiaoMi Group (小米集团),
- MeiTuan (美团),
- BiLiBiLi (哔哩哔哩),
- ZiHu (知乎),
- Stone Technology (石头科技),
- GanLi Pharmaceutical (甘李药业),
- TaiGe Pharmaceutical (泰格医药),
- ZaiDing Pharmaceutical (再鼎医药),
- KangXiNuo Biology (康希诺生物),
- BiRen Technology (壁仞科技) or
- Ubisoft (优必选).
Source:
Chips, microprocessors...
According to the analysis of Trend Force JiBang Consulting, China TaiWan Semiconductor Manufacturing Co., Ltd. had the largest share in the global chip production marketplace in the first 4th of this year. The share of this company was estimated at 60.1%.
China TaiWan United Microelectronics Co., Ltd. (中国台湾联华电子股份有限公司UMC) 6.4% of the share, and the 5th ShangHai Semiconductor Manufacturing global corp (上海中芯国际集成电路制造有限公司SMIC) with 5.3%. The sixth position was taken by ShangHai HuHong Semiconductor (Group) Co., Ltd. (上海华虹集团有限公司) with a 3.0% share. At the eighth ShenZhen LiJi Electronics Co., Ltd. (深圳力积电子有限公司PCMC) with a 1.2% share. On the another hand, China TaiWan Vanguard global Semiconductor corp Ltd. (中国台湾世界先进以有限公司VIS) with 1.0% share was ranked 9th in terms of global marketplace shares. Among the non-Chinese companies, the highest, second place was taken by South Korean Samsung with 12.4% of its share in the global market.
This compilation clearly illustrates that erstwhile it comes to the production of integrated circuits/chips, the planet depends on suppliers from Asia. Moreover, comparatively fewer suppliers.
Source:
Author: 梁安基 Andrzej Z. Liang, 上海 Shanghai, 中国 China
Email: [email protected]
Editorial: Leszek B.
Email: [email protected]
© China: Facts, Events, Opinions – www.chiny24.com
