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Taicang negotiates partnerships with European aerospace companies
April 8, 2022Taicang has long attached great importance to nurturing a sound business environment for aerospace firms. In January, the local government issued 20 policies to support the development of the city's aviation industry.
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Taicang company acquires compound semiconductor business from LG Innotek LG Innotek
March 28, 2022Taicang-based LEKIN Semiconductor Co recently announced that it has purchased the opto-electronic compound semiconductor business of LG Innotek, Korea's first electronic components company founded in 1970, local media reported on March 27.
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Taicang companies produce 1.2 million COVID-19 test kits every day
March 22, 2022Taicang-based HymonBio Co and Neo Nostics Co can produce COVID-19 test kits for 1 million and 200,000 people respectively every day, local media reported on March 14.
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Foreign investors have faith in China
January 26, 2022Foreign investors have faith in China
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Russian aircraft engine maker to open headquarters in Taicang
January 20, 2022Russian airplane engine maker JSC UEC-Klimov will open its first Chinese headquarters in Taicang, East China's Jiangsu province, the company announced during a video conference between officials from Taicang and Moscow on Jan 18.
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China opens up wider in 2021
January 6, 2022China remained steadfast in opening-up wider and further facilitating foreign entry to the country amid uncertainties in the past year. Measures to this end included hosting a series of expositions, trimming negative lists and facilitating trade and investment.
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BorgWarner to open new project in Taicang
December 24, 2021BorgWarner Inc, an American automotive industry components and parts supplier, signed an agreement on Dec 20 to launch a new energy drive system in Taicang, Jiangsu province.
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China strengthens lending support for private enterprises
December 1, 2021China has increased lending support for the private sector, with new loans to private enterprises reaching 5 trillion yuan (about $782 billion) in the first 10 months of 2021, according to China's top banking and insurance regulator.
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