1 week ago New Major Theme Park Set to Open Near Universal Studios in Beijing!

New Major Theme Park Set to Open Near Universal Studios in Beijing!  36Kr

Politics

1 week ago Innovation and exports will winnow China’s car industry in 2026

China’s car industry is expected to stagnate this year as it tries to catch its breath after years of growth. New energy vehicles (NEVs) are likely to continue increasing their market share but growth will be much lower than in recent years, with the penetration rate reaching around 60 per cent. “Involution” was the major theme last year, and despite efforts by the government and manufacturers, the situation is unlikely to improve until the second half of the year, due to a tepid economy and a...

Politics

2 w. ago Occupancy rate at Hong Kong tech park set to hit 90% in first quarter of 2026

The occupancy rate at the Hong Kong side of a new innovation and technology (I&T) hub co-developed by the city and Shenzhen is expected to hit 90 per cent in the first quarter of this year, a target previously set for the end of 2025. Kevin Choi Kit-ming, permanent secretary for innovation, technology and industry, said on Saturday that lease renewals would be based on certain key performance indicators (KPIs) set for firms, but authorities would avoid overly stringent standards and make...

Events

2 w. ago New Hong Kong industrial park eyes edge in smart manufacturing, Chinese medicine

Hong Kong’s Hung Shui Kiu industrial park will leverage its location advantage to focus on advanced manufacturing, including proprietary Chinese medicine products, in a bid to differentiate itself from the San Tin Technopole, according to development authorities. While the government has yet to set key performance indicators (KPIs) for the company operating the park, a top development official said on Tuesday that the firm was expected to be financially independent and accountable to the...

Politics

2 w. ago Hong Kong sets up Hung Shui Kiu industrial park operator, sweetens land tender

Hong Kong’s government will set up a dedicated company to run a huge industrial park in Hung Shui Kiu and launch a six-month tender for a pilot area within the zone, offering incentives to encourage bids as part of an initiative to accelerate development of the Northern Metropolis. Secretary for Development Bernadette Linn Hon-ho on Monday said the newly formed Hung Shui Kiu Industry Park Company is expected to be financially self-sustaining despite the government’s initial capital infusion,...

Politics

4 w. ago REPORT: Universal Studios Park Hits Financial Issues, Loses $213 Million

REPORT: Universal Studios Park Hits Financial Issues, Loses $213 Million  Inside the Magic

Economics