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China Vanke Co. Ltd.， the nation’s largest real estate developer by sales， secured 38 plots of land valued at 25 billion yuan （$4 billion） within five months.
Vanke bought eight land plots worth 3.6 billion yuan （$571 million） in May in eight cities， including Beijing， Dalian of Liaoning Province， Wuhan of Hubei Province， Changsha of Hunan Province， and Nanchang of Jiangxi Province， the Shenzhen-listed company said in a file sent to the Shenzhen Stock Exchange on June 3.
Vanke’s spending on land purchases from January to May accounted for 35.6 percent of its total sales revenue， which was 70.18 billion yuan （$11.45 billion）.
New Global Base
PC giant Dell launched its new global operations site in Chengdu， capital of southwest China’s Sichuan Province， on June 6.
“Our commitment to China has never been stronger， and this ongoing investment further demonstrates the importance of China to Dell’s strategy and future，” said Michael Dell， its chairman and CEO at the opening of the Chengdu Dell Operations Site， which boasts a desktop production capacity of 7 million units a year.
It is Dell’s first such site to fully deploy the company’s new IT solutions within the factory， demonstrating the capability of its end-to-end services， according to Amit Midha， President of Dell Asia Pacific and Japan Region.
The operations site is expected to spark an influx of additional manufacturing industries to Chengdu， helping to create a more efficient PC supply chain and distribution system in China’s western region.
According to figures from the Chengdu Municipal Government， the city saw output in the manufacturing of laptops， tablet PCs and desktops exceeding 100 billion yuan （$16 billion） in value last year.
Vanke bought eight land plots worth 3.6 billion yuan （$571 million） in May in eight cities， including Beijing， Dalian of Liaoning Province， Wuhan of Hubei Province， Changsha of Hunan Province， and Nanchang of Jiangxi Province， the Shenzhen-listed company said in a file sent to the Shenzhen Stock Exchange on June 3.
Vanke’s spending on land purchases from January to May accounted for 35.6 percent of its total sales revenue， which was 70.18 billion yuan （$11.45 billion）.
New Global Base
PC giant Dell launched its new global operations site in Chengdu， capital of southwest China’s Sichuan Province， on June 6.
“Our commitment to China has never been stronger， and this ongoing investment further demonstrates the importance of China to Dell’s strategy and future，” said Michael Dell， its chairman and CEO at the opening of the Chengdu Dell Operations Site， which boasts a desktop production capacity of 7 million units a year.
It is Dell’s first such site to fully deploy the company’s new IT solutions within the factory， demonstrating the capability of its end-to-end services， according to Amit Midha， President of Dell Asia Pacific and Japan Region.
The operations site is expected to spark an influx of additional manufacturing industries to Chengdu， helping to create a more efficient PC supply chain and distribution system in China’s western region.
According to figures from the Chengdu Municipal Government， the city saw output in the manufacturing of laptops， tablet PCs and desktops exceeding 100 billion yuan （$16 billion） in value last year.