Neusoft To Invest In Israeli Medical Solutions Company (26.4.2011)
SHENYANG, China, April 26, 2011 /PRNewswire-Asia/ — Neusoft Corporation (“Neusoft”, 600718.SH), a leading IT solution and service provider in China, recently announced that its wholly-owned subsidiary Neusoft Europe Inc. (“Neusoft Europe”) has signed a subscription agreement with Aerotel Medical Systems Ltd. (“Aerotel”), a leading global manufacturer of modular, mobile and home based telemedicine and telecare solutions based in Israel, under which Neusoft Europe will subscribe for 26915 shares of Aerotel with 1.77 million US Dollars to hold 30.77% of its outstanding shares.
Israel Signs R&D Cooperation Agreement with Shanghai (11.4.2011)
An industrial R&D cooperation agreement was sign today by the Israeli Minister of Industry, Trade and Labor and the Chinese chairman of the Shanghai Municipal Science and Technology Commission. The agreement followed two years of negotiations between the Office of the Chief Scientist and the Shanghai Municipal Science and Technology Commission.Under the agreement, collaborating Israeli and Shanghai companies will be eligible for grants: Israeli companies can receive grants for up to 50% of a project's R&D costs from the Office of the Chief Scientist, and the Shanghai Municipality will provide a similar level for the Chinese companies. The Ministry of Industry said that the agreement will expose companies from the countries to the needs of different markets, while the governments will provide financial support.
China 'to Overtake US on Science' in Two Years (28.3.2011)
China is on course to overtake the US in scientific output possibly as soon as 2013 - far earlier than expected. That is the conclusion of a major new study by the Royal Society, the UK's national science academy. The country that invented the compass, gunpowder, paper and printing is set for a globally important comeback. An analysis of published research - one of the key measures of scientific effort - reveals an "especially striking" rise by Chinese science.
Fair to Encourage Chinese Enterprises to Invest Abroad (23.2.2011)
China will hold a trade fair this year to encourage investors to go abroad,according to the China Industrial Overseas Development and Planning Association (CIODPA). The Third China Overseas Investment Fair, approved by the National Development and Reform Commission, would be held in Beijing on Nov 8 and 9. Representatives of multinational companies, overseas financial institutions and enterprises that carry out investment projects would be invited. About 10,000 Chinese enterprises, including centrally administered enterprises, private enterprises and listed companies, are also expected attend the fair.
China Launches First Ocean Economic Zone to Boost Marine Economy (19.2.2011)
China's first ocean economic zone in the coastal province of Shandong was inaugurated Friday when it signed contracts worth 38.6 billion U.S. dollars, signaling the country is enlarging its economic focus from the land to cover the ocean, as well. The Shandong Peninsula Blue Economic Zone inked at a promotional conference in Beijing a package of contacts that include 23 programs valued at 38.6 billion U.S. dollars.The programs covered agricultural technology, new energy utilization, international logistics, tourism and culture, said Fei Yunliang, head of the construction office of the economic zone.