China
KONE Lands 60-Elevator Order for Shenzhen Industrial Park
KONE has won an order to supply a vertical-transportation package that includes 60 MiniSpaceTM elevators to the Shenzhen BinFengGui Industrial Park renewal project in China. In addition, the contract includes...
Inovance Earning Soar to US$3.4 Billion on Strong Industrial Automation Growth
Global industrial automation specialist Inovance, headquartered in Shenzhen, China, on June 9 reported 2022 annual earnings of US$3.4 billion, reflecting 28% year-on-year revenue growth. The company has a strong presence...
WEEF Plans Hybrid Meeting in Shanghai and Virtually on July 6
The World Elevator & Escalator Federation (WEEF) plans to hold a meeting on July 6 during the World Elevator & Escalator Expo at the National Exhibition and Convention Center in...
Otis Awards 60 Female Students in China STEM Scholarships
In collaboration with the China Women’s Development Foundation, Otis awarded 60 female students in China with scholarships toward earning degrees in science, technology, engineering and mathematics (STEM) at Tianjin University...
TKE Announces Hong Kong In-House Training Program
TK Elevator (TKE) has announced a new in-house training program in Hong Kong, recognized under the Hong Kong Qualifications Framework (QF) at QF Level 3. The locally accredited Diploma in...
Construction Begins on Taikang Financial Centre in Wuhan
Foundations and below-ground works of the Taikang Financial Centre in Wuhan, China, are now complete, Zaha Hadid Architects announces. Construction of the three interconnected towers that will comprise the 266,000-m2...
Schindler’s 1Q 2023 Profit Beats Analysts’ Estimates
Swiss OEM Schindler reported net profit of CHF212 million (US$237.4 million) for the 1st quarter of 2023 ending on March 31, beating analysts' estimates of CHF166.5 million (US$186.4 million), Today...
Otis China and CSCLF Partner to Further STEM Learning
Otis China and the China Soon Ching Ling Foundation (CSCLF) announced a partnership on April 7 to advance career prospects for girls and women in China by supporting education and...
KONE To Supply 206 Elevators to Xi’an International Airport
KONE won an order to supply a vertical-transportation (VT) package that includes 163 Monospace® and 43 TranSysTM elevators to an expansion of the Xi'an Xianyang International Airport in Xixian New...
Schindler CEO Cautiously Optimistic About China 2023 Outlook
Silvio Napoli, CEO of Switzerland-headquartered Schindler, said he is cautiously optimistic about the elevator, escalator and moving walk manufacturer's business in China in 2023, China Daily is among outlets to...
