Latest news with #Qingdao
Associated Press
15 hours ago
- Business
- Associated Press
Sixth Qingdao Multinationals Summit Held in Qingdao
QINGDAO, China, June 20, 2025 (GLOBE NEWSWIRE) -- On June 19, the Sixth Qingdao Multinationals Summit opened at the Qingdao International Conference Center. Centered on the theme 'Multinationals and China: Connecting the World for Win-Win Cooperation,' the summit serves as a high-level platform for policy dialogue, industrial alignment, and project collaboration among global multinationals. A Media Snippet accompanying this announcement is available in this link. Co-hosted by the People's Government of Shandong Province and Ministry of Commerce, the summit is jointly organized by the Department of Commerce of Shandong Province and the Qingdao Municipal People's Government, among others. This year's summit has drawn wide attention and active participation from the global business community. A total of 465 multinational companies attend the event, including 135 Fortune Global 500 companies and 330 industry-leading enterprises. These firms come from 43 countries and regions, with over 50% from emerging market economies. Reflecting the trend toward greater openness in the services sector, more than 20% of summit delegates represent multinational companies in modern finance, artificial intelligence, and other cutting-edge sectors. In addition to traditional markets such as Japan, South Korea, Singapore, the United States, Germany, and France, the summit has attracted increased participation from emerging regions including ASEAN, the Middle East, and Africa. Notably, enterprises from nine countries such as Vietnam and Egypt participate in the summit for the first time. The summit agenda includes an opening ceremony and high-level forum on the high-quality development of multinationals, three thematic activities, and multiple parallel sessions across four major segments. A new edition of the Multinationals in China research report series will also be released during the event. According to Wang Lei, director-general of the Department of Commerce of Shandong Province, since the launch of the inaugural summit, the past five editions have attracted 421 Fortune Global 500 companies and 967 industry-leading enterprises, with a cumulative attendance of over 3,000 delegates. Source: Qingdao Municipal People's Government Contact person: Ms. Zhang, Tel: 86-10-63074558.
Yahoo
2 days ago
- Business
- Yahoo
Hisense Unveils 66 Core Patents for Triple-Drum Washers, Reshaping Global Laundry Innovation Landscape
Qingdao, China, June 19, 2025 (GLOBE NEWSWIRE) -- Hisense, a leading global brand in consumer electronics and home appliances, has announced the worldwide release of 66 core patents for its triple-drum washing machines. These patents cover key areas such as zoned laundry care, high-efficiency drying, and modular design. As an industry-first technological open-source initiative, this move is set to reshape the competitive landscape of the global laundry industry by fostering a 'technology sharing ecosystem,' driving zoned laundry care technology from premium to mainstream use by lowering technical barriers, and bringing healthy, efficient laundry experiences to households worldwide. In the global market, Hisense's technological edge in washing machines has translated into remarkable competitiveness. In 2024, Hisense washing machines achieved global shipments of over 6.26 million units, ranking among the top three Chinese brands in export volume and recording the fastest growth in the industry. Sold in more than 140 countries, the brand holds top-three market shares in multiple regions, demonstrating strong international competitiveness. Particularly in the highly regulated European market, Hisense has achieved the impressive feat of 'five European households choosing Hisense every minute.' The brand has also been awarded certification by the authoritative European institution WHICH and has been listed in the UK's 'Best Buy' ranking, making it a top choice for consumers. The high recognition in overseas markets stems not only from Hisense's unremitting pursuit of technological excellence and product quality but also from its leading role in shaping global laundry industry development. The move to open up core patents for triple-drum washing machines globally fully demonstrates its commitment to driving industry progress through technology sharing. Hisense's open-source patent system embodies eight years of technological accumulation: launching the world's first triple-drum washing machine "Master" series in 2017, enabling classified garment care through independent washing drum; in 2019, pioneering the design of integrating the upper two small drums with a unified outer drum, which optimized space layout, increased washing capacity, and significantly reduced operational vibration noise. The latest "Marshmallow Ultra Family Tub" series this year is equipped with Hisense's self-developed Zeus Intergrated Heat Pump Drying System, becoming the world's first 4 in 1 Heat Pump washer-dryer supporting independent washing and drying for three drums. Its split modular design adapts to various installation scenarios such as stacking, separation, and embedding, integrating home aesthetics with functionality through perfectly flush-fitted technology and seamless design. The purpose of patent open-sourcing is to shift the industry from technological barriers to ecosystem collaboration. As the Global Head of Hisense Washing Machines stated, technological innovation in the home appliance industry should not be a solo show by a single brand. If the entire industry participates in the innovation of triple-drum or even multi-drum washing machine technology, it will rapidly drive high-quality development across the sector, enabling more users to experience how zoned washing machines can transform their lives with greater refinement, health, convenience, and efficiency. From technology export to standard setting, Hisense is driving the upgrading of the global laundry industry through an open ecosystem. Industry analysts point out that Hisense's open-source move marks the transition of Chinese brands from "manufacturing export" to "technological empowerment," and reshapes the innovation rules of the global home appliance industry by building a technology sharing ecosystem. Looking ahead, with its global practice of "technology-driven enterprise," Hisense is leading the industry toward an intelligent and healthy future. It is worth noting that the Hisense triple-drum washing machine will make its debut at this year's IFA exhibition. With its exceptional performance and unique design, it will showcase the excellence of Chinese intelligent manufacturing to consumers worldwide. We look forward to its impressive presence at IFA, ushering in a new chapter in the development of the global laundry care industry. CONTACT: Xiu Lulu xiululu (at)
Yahoo
4 days ago
- Business
- Yahoo
Hisense Showcases Market Leadership as "HISENSE 100" TV, GLOBAL No.1" Appears at FIFA Club World Cup 2025™ Stadiums
QINGDAO, China, June 17, 2025 /CNW/ -- Hisense, a leading brand in global consumer electronics and home appliances, is in the global spotlight as its bold pitch-side message "HISENSE 100" TV, GLOBAL No.1" appears at FIFA Club World Cup™ 2025 stadiums, reinforcing its dominance in large-screen display technology. According to Omdia's Q1 2025 data, Hisense ranked No.1 globally by volume share in 100-inch and over TVs (56.7%) and MiniLED TVs (29.3%). Hisense has consistently held a leading position in the 100-inch and over TV market across 2023, 2024, and Q1 2025, and rising to the top in MiniLED thanks to continuous innovation in backlight and image technologies. Further strengthening Hisense's leadership in both the 100-inch and over TV and MiniLED TV segments, the ULED MiniLED U7 Series is engineered for sports and gaming enthusiasts. It features Mini-LED PRO technology, delivering deeper contrast, higher brightness, and finer image detail than standard LED TVs. With a 165Hz Game Mode Ultra and cinematic performance, the U7 Series offers a more immersive and responsive viewing experience—empowering users to enjoy every moment to the fullest. As an Official Partner of the FIFA Club World Cup 2025™, Hisense is leveraging the global stage to deepen emotional connection with sports fans and enhance brand visibility. This global momentum is supported by the company's expansive presence—operating in over 160 countries, with 36 industrial parks and 31 R&D centers driving localized innovation and world-class manufacturing. Through innovation-driven products and powerful sports marketing, Hisense continues to help global consumers "Own the Moment"—bringing the excitement of the stadium into every home. About Hisense Hisense, founded in 1969, is a globally recognized leader in home appliances and consumer electronics with operations in over 160 countries, specializing in delivering high-quality multimedia products, home appliances, and intelligent IT solutions. According to Omdia, Hisense ranks No. 2 worldwide in total TV volume shipments (2022-2024) and No. 1 globally in the 100-inch and over TV segment (2023- Q12025). As the first official partner of the FIFA Club World Cup 2025™, Hisense is committed to global sports partnerships as a way to connect with audiences worldwide. View original content to download multimedia: SOURCE Hisense View original content to download multimedia:
Associated Press
5 days ago
- Entertainment
- Associated Press
35th Qingdao International Beer Festival will Kick Off on July 18
QINGDAO, China, June 16, 2025 (GLOBE NEWSWIRE) -- The 35th Qingdao International Beer Festival will take place from July 18 to August 16 in Qingdao, according to the Information Office of the Qingdao Municipal People's Government. A Media Snippet accompanying this announcement is available by clicking on this link. Organized by the Qingdao Municipal People's Government under the theme of 'Qingdao Cheers with the World,' this year's festival features three main venues, namely, the West Coast Venue, Laoshan Venue, and Qingdao Old Town Venue, alongside special activities to be held concurrently across other districts and counties. The event aims to boost consumption, enhance its international appeal, enrich visitor experiences, deepen cultural engagement, and strengthen the city's reputation as the 'Beer Capital of China.' This year's festival extends the duration from the previous 24 days to a full month, meeting the travel and leisure needs of visitors during the summer peak season. The West Coast Venue, located at the Golden Beach Beer City, features seven major functional zones: the star avenue, beer tents, plaza games, leisure dining, fashion trends, beer culture exhibition, and central stage. The Laoshan Venue, based at the Century Square Beer City, will offer a distinctive blend of traditional Chinese elegance and European charm, with five major activity segments under the concept of 'One City, Two Scenic Highlights.' The Qingdao Old Town Venue, mainly situated in Shangjieli and Dabaodao historic districts, will host 20 themed activities on food, sightseeing, shopping, and entertainment. According to the organizer, this year's festival will introduce more than 2,300 beer varieties, a record high, representing more than 400 brands from over 40 countries and regions. It will also offer internationally renowned gourmet foods, creating a dazzling stage for global beer brands and a super feast of diverse flavors. In addition, the festival includes signature events such as the 'Golden Flower Award' Craft Beer Competition, the King of Beer Contest, the Goddess of Joy Selection, and the Qingdao Fashion Sports Festival. It will also welcome world-class performing arts groups and well-known domestic bands, presenting nearly 2,000 performances, including anime carnivals, street shows, art parades, electronic music festivals, magic shows, robot parades, and traditional Chinese operas. These offerings will immerse visitors in interactive experiences, creating a citywide celebration network. Source: Qingdao Municipal People's Government Contact person: Ms. Zhang, Tel: 86-10-63074558
Yahoo
5 days ago
- Entertainment
- Yahoo
35th Qingdao International Beer Festival will Kick Off on July 18
QINGDAO, China, June 16, 2025 (GLOBE NEWSWIRE) -- The 35th Qingdao International Beer Festival will take place from July 18 to August 16 in Qingdao, according to the Information Office of the Qingdao Municipal People's Government. A Media Snippet accompanying this announcement is available by clicking on this link. Organized by the Qingdao Municipal People's Government under the theme of "Qingdao Cheers with the World," this year's festival features three main venues, namely, the West Coast Venue, Laoshan Venue, and Qingdao Old Town Venue, alongside special activities to be held concurrently across other districts and counties. The event aims to boost consumption, enhance its international appeal, enrich visitor experiences, deepen cultural engagement, and strengthen the city's reputation as the "Beer Capital of China." This year's festival extends the duration from the previous 24 days to a full month, meeting the travel and leisure needs of visitors during the summer peak season. The West Coast Venue, located at the Golden Beach Beer City, features seven major functional zones: the star avenue, beer tents, plaza games, leisure dining, fashion trends, beer culture exhibition, and central stage. The Laoshan Venue, based at the Century Square Beer City, will offer a distinctive blend of traditional Chinese elegance and European charm, with five major activity segments under the concept of "One City, Two Scenic Highlights." The Qingdao Old Town Venue, mainly situated in Shangjieli and Dabaodao historic districts, will host 20 themed activities on food, sightseeing, shopping, and entertainment. According to the organizer, this year's festival will introduce more than 2,300 beer varieties, a record high, representing more than 400 brands from over 40 countries and regions. It will also offer internationally renowned gourmet foods, creating a dazzling stage for global beer brands and a super feast of diverse flavors. In addition, the festival includes signature events such as the "Golden Flower Award" Craft Beer Competition, the King of Beer Contest, the Goddess of Joy Selection, and the Qingdao Fashion Sports Festival. It will also welcome world-class performing arts groups and well-known domestic bands, presenting nearly 2,000 performances, including anime carnivals, street shows, art parades, electronic music festivals, magic shows, robot parades, and traditional Chinese operas. These offerings will immerse visitors in interactive experiences, creating a citywide celebration network. Source: Qingdao Municipal People's Government CONTACT: Contact person: Ms. Zhang, Tel: 86-10-63074558Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
