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Macao
Marking the10th anniversary of Macao's return.Though it is small, it is the most beautiful lotus in South China.
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Top Biz News
China's King Long bus company sets up plant in Hungary
(Xinhua)
Updated: 2009-12-19 10:05
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King Long started its overseas business in 2001, with products available in 40 countries and regions by 2005. It will build its first European vehicle assembly facility in Hungary. [File photo] |
King Long, a bus production company based in Xiamen in Southeast China's Fujian province, will build its first European vehicle assembly facility in Hungary, announced Janos Kelemen, manager of King Long Hungary, at a news conference on Friday.
Kelemen did not give the amount of the investment, but said that the Chinese firm had signed a declaration of intent and the project was already on the drawing board.
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He named the southern great plain region and the cities of Gyongyos and Miskolc as possible sites for the plant.
The project, fully financed by China, is likely to be implemented within the next six months, he added.
