Tag Archives: Zhuhai

Biomeds, appliances keep Zhuhai growing

Zhuhai’s economy kept growing in August, despite a slowdown in its traditional industries, as the twin pillars of biomedicine and home appliances continued their recent surge.

From January to August, according to official data, industrial production (above designated size) was up 4% to RMB 71.713 billion, flat over the Jan-Jul period. The biomedical industry and the household electrical appliance industry maintained double-digit growth, at 18.3% and 16.0%, respectively. City leaders are likely thankful: the petrochemical industry and the power and energy industry, by contrast, barely grew, by 2.6% and 1.5%, respectively. A bright spot was high-tech enterprises, which rose 5.8%.

Fixed-asset investment is proving anemic. In January to August, at RMB120.474 billion, it was up just 2.2%, probably because the Hengqin Railway Line is nearing completion and there are few other major infrastructure projects with shovels in the ground. Industrial investment, however, shone: at RMB 17.653 billion, it was up 18.0%, a jump of 12 percentage points. 

Retail sales held up, though they weren’t stellar, at RMB 81.737 billion, up 5.7%. Sales related to tourism rose fastest, with accommodation up 7.7% and catering up 10.7%.

Zhuhai college launches 5G center

Guangdong has put its first vocational school on a 5G network, choosing the Guangdong Science and Technology Vocational College, based in Zhuhai.

According to local media, the Guangzhou-based college’s “Campus 5G Innovation Application Experience Center” is busy implementing advanced mobile VR/AR applications, allowing students to watch high-definition video in real-time, and rolling out a series of smartphone-based artificial intelligence apps. This is believed to be the first “talent training base” for 5G-based R&D work among the province’s vocational colleges.

The project has been in the making since July, apparently. With the support of Huawei Technologies and the Zhuhai branch of China Telecom, the center is now fully 5G-enabled and plans to start offering courses for students. It will also cooperate with corporates to test and further research their ideas for 5G-related projects. The college plans to work closely with companies clustered in the Zhuhai Software Park, it said.

Gree share-sale drama leaves two standing

Caixin has a gripping story about the bidding process for the Zhuhai government’s stake in Gree Electric, the city’s biggest and most famous privately owned company. From a starting field of around 25 bidders, only two remain, as the air conditioner giant inches closer to a deal that has captured the market’s attention for months. 

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Hengqin breaches the Great Firewall

Hengqin’s moment in the spotlight is coming. Its massive new railway station is around three months from opening, but already the special economic zone opposite Macau’s Cotai district is gearing up to play a leading role on the Greater Bay Area’s main stage: This week it rolled out China’s first experiment with a city internet network that sits outside the Great Firewall.

Built by the Zhuhai Branch of China Mobile Guangdong, the Hengqin New Area now has an “international” internet infrastructure. Companies that plug into this network will enjoy significantly faster cross-border data transmission speeds, with buffering down from 70ms to 14ms, thereby increasing its efficiency by 80%.

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Tencent brings its cloud to Zhuhai

Tencent seems to have taken a shine to Zhuhai. After signing a deal with the city’s Xiangzhou district back in May to build a cloud computing base, its cloud-computing subsidiary – surprise! – recently won a public tender to provide AI-powered cloud services to the district worth RMB75 million. 

Tencent Cloud will provide full-stack public cloud services supported by AI technology, including machine learning, facial recognition, image recognition, voice recognition, natural language processing, optical character recognition and supporting infrastructure as a service (IaaS) cloud services. 

The company will also set up various “platforms” for local innovators and entrepreneurs to “enhance their R&D skills”. This will involve the establishment of AI colleges and labs cofounded by Tencent and local universities. 

Xiangzhou district is the political, financial and cultural center of Zhuhai, at the forefront of the city’s efforts to digitalize the local government, boost the AI industry, and create a smart city.

Zhuhai, Shenzhen launch new promos

On the eve of their 39th anniversary (officially) as China’s first special economic zones, both Shenzhen and Zhuhai have launched concerted efforts to portray themselves as “international” cities. These are noble efforts, and the slick videos they have produced are well worth watching.

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Crossing the Bay: Bridges, Tunnels and Trains

After nearly a year of operation, the Hong Kong-Zhuhai-Macao Bridge (HZMB) is now well-established as the final piece of the “ring” enclosing the Greater Bay Area’s 11 cities. This being the region that never sits still, therefore, it’s time to look at what comes next for other major projects linking the eastern and western sides of the Greater Bay.

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Gree gets nod to sell Zhuhai govt stake

Gree Electric Appliances, the air conditioner giant chaired by one of China’s best-known female business leaders, has been approved to go completely private. The company said in an announcement this week that the State-owned Assets Supervision and Administration Commission has agreed in principle for the city government to transfer most of its stake in the company through a public tender. 

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Zhuhai boosted by construction

Zhuhai’s economy grew 7.0% in the first half. Looking closer at the details, it would appear that a construction boom has helped, and it would not take a genius to guess that this means Hengqin Island’s massive buildout is getting up to speed.

According to the Zhuhai Statistic Bureau, the city’s construction industry was worth RMB38.807 billion, up 32.4% year on year. That is out of a total GDP of RMB148 billion.

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Flex closes Zhuhai plant as Huawei sales slow

American OEM giant Flex International has shut down production at one of its Zhuhai plants serving Huawei Electronics and begun laying off workers, according to local media. It has also recently closed its factory in Hunan’s Changsha as Huawei cut down its smartphone production orders. 

Founded in California 1969, Flex is the world’s second largest OEM enterprise after Taiwan’s Foxconn. It entered the Zhuhai market in 1996 and its industrial park there is its largest in the world. At its peak, the park employed up to 18,000 workers. It has shut its South plant, keeping its North plant going.

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