Swiss Schools Abroad are Considering Vocational Training

The new Federal Law on the diffusion of Swiss vocational training abroad (LESE) gives the possibility to these institutions to extend the offer subsidized by the Confederation, creating then a curriculum of basic vocational training combining practical training in companies and theoretical teaching at school. The export of this learning model, which attracts more and more interest abroad, is a strategic priority for Switzerland in the framework of international cooperation formation. There are currently 17 Swiss schools located in Europe, Asia and Latin America with approximately 7,500 students including 1800 from Switzerland. As for the creation of new Swiss schools abroad, discussions are ongoing. In China for instance, an association has been founded for this purpose, says Derrick Widmer, President of educationsuisse. He estimates that Switzerland must act quickly, especially in developing countries. However, this initiative is not an easy undertaking in an area affected by strong competition from private international schools.

DonÕt Pre-Judge China-Led AIIB: World Bank MD

The impending creation of the Chinese-led Asian Infrastructure Investment Bank (AIIB) has been applauded by World Bank managing director Betrand BadrŽ, despite United States objections to the new development financing vehicle. Switzerland is one of 56 countries to have expressed an interest in joining China as an AIIB founding member. Dubbed the ÔChinese World BankÕ by the media, the AIIB aims to get off the ground by the end of the year once it has established a set of operating ground rules. The US and Japan have so far snubbed the Beijing-based institution, doubting ChinaÕs ability to apply proper corporate governance. But the stand-off has been widely interpreted as a wider struggle for political influence in Asia.

Huawei to Open R&D Centres in Switzerland

Huawei plans to massively expand its presence in Switzerland. The Chinese technology giant intends to open two research centres in Zurich and Lausanne. It will also strengthen corporate services. Switzerland is an important location for Huawei, wrote Patrik MŸller in an article for the weekend newspaper Schweiz am Wochenende. MŸller interviewed Eric Xu, CEO of the Chinese smartphone and telecommunications technology giant, during a working visit by Federal Councillor Doris Leuthard to the Huawei headquarters in Shenzhen. Huawei currently employs around 350 people in Switzerland at its site in DŸbendorf in the canton of Zurich, but this will rise considerably in the future: ÒWe will employ more people because we will open R&D centres in Zurich and Lausanne,Ó said Lu. According to the article, the presence of the Swiss Federal Institutes of Technology in Zurich and Lausanne was decisive to HuaweiÕs choice of location. Huawei also requires more employees in Switzerland to Òmarket our services for companiesÓ. In Switzerland, telecommunication providers such as Swisscom and Sunrise use Huawei infrastructure and software products.

Zurich Airport is Third in the World

Zurich Airport has scooped third place in the ÒHandelszeitungÓ Airport Ranking 2018. In a repeated run of success, EuropeÕs best airport was beaten only by Singapore and Hong Kong. Anyone landing at Singapore Changi Airport will make it Òfrom airport to taxiÓ within 25 minutes, Òincluding immigration control, baggage collection and customs clearanceÓ, writes Claus Schweitzer in the Airport Ranking 2018 published by ÒHandelszeitungÓ. It has been Òthe worldÕs best airport for yearsÓ, and the only negative Schweitzer could find was the complicated WLAN access. In second place, Hong Kong International Airport boasts the Òattractive new The Deck lounge with open-air terrace and view over the airfieldÓ. But Zurich Airport too lays claim to an open-air area Ð and it is among the reasons the airport has once again scooped third place in the ranking. With Òaround 300,000 visitors annuallyÓ, the observation deck is Òone of SwitzerlandÕs most popular attractionsÓ, writes Schweitzer. While Zurich also scored well for its Òclear signage, predominantly pleasing passenger flow and exemplary connection to public transportÓ, Schweitzer and the frequent flyers surveyed for the ranking were unhappy with the time-consuming new Automated Border Control gates and the Skymetro, which is often overcrowded.

Swiss Sign Agreement to Build China’s First Zero-Energy Building

Switzerland’s minister for energy Doris Leuthard oversaw the signing of a declaration to build a zero-energy building in Beijing using Swiss cleantech technology. The project called “Swiss House Sunlon” is backed by Swiss companies and will be the first zero energy dwelling in China. The technology used in the building will come from the Swiss […]

Swiss Sign Agreement to Build ChinaÕs First Zero-Energy Building

SwitzerlandÕs minister for energy Doris Leuthard oversaw the signing of a declaration to build a zero-energy building in Beijing using Swiss cleantech technology. The project called ÒSwiss House SunlonÓ is backed by Swiss companies and will be the first zero energy dwelling in China. The technology used in the building will come from the Swiss cleantech sector and is meant to serve as a showcase for Swiss innovation in the country. The agreement was signed on Thursday in the presence of Leuthard by the Swiss companies and the Chinese partner New Legend. According to the La LibertŽ paper, the four-storey building will serve as an office for Swiss, Chinese and foreign small and medium-sized enterprises (SMEs) and will have a floor space of almost 18,000 square metres. There will also be conference rooms, exhibition areas and a space for shops. The project cost is estimated at CHF140 million (USD 141 million). The building will be PlusEnergy certified, which means it will produce as much energy as it consumes via technologies already well established in Switzerland by the Minergie A standard. The project still needs to be approved by the local authorities.

First CIIE Creates Excitement in Global Business Community

The international community has high expectation from the first China International Import Expo (CIIE) and the business opportunities it presents, as the 100-day countdown of the event begins. “CIIE will bring a very strong exposure to our company, by having high-level government officials, influential trade professionals, including lots of existing and potential customers, and hopefully […]

First CIIE Creates Excitement in Global Business Community

The international community has high expectation from the first China International Import Expo (CIIE) and the business opportunities it presents, as the 100-day countdown of the event begins. “CIIE will bring a very strong exposure to our company, by having high-level government officials, influential trade professionals, including lots of existing and potential customers, and hopefully also the general public which can bring us recruiting opportunities,” Laurent Castella, Head of Marketing Region Asia, GF Machining Solutions, said in Shanghai on Thursday. Founded by Gorge Fisher in 1820, during the first industrial revolution, the Swiss company GF is an industrial leader in three main areas: the safe transport of liquids and gases, lightweight casting components in vehicles, and high-precision manufacturing technologies. With rapid technological development, especially digitalization transformation, also called IOT or industrial 4.0, the game will change. The machines will talk to machines and the data collected from the machines will move to the clouds. Artificial intelligence will look at the data and make decisions that human cannot make. GF is also behind this digital transformation, creating a new manufacturing world for tomorrow and the company is working with key universities in the world to develop more intelligent products and more intelligent process and it will bring all these leading technologies into China, Castella said.

China’s Demand for Swiss Machinery Booming

Swiss companies exported machinery product in the value of CHF1.45 billion (USD 1.46 billion) to China and Hong Kong in the first six months of 2018, according to figures released by the Swiss Federal Customs Administration. This represents an increase of 10% compared to the first half of 2017. Nicolas Musy, founder of the Swiss Centers China, said the Asian country’s thirst for automation has increased demand for high-quality machines from the Alpine nation. “Chinese manufacturers upgrade their equipment and automation becomes ever more important. Highest quality machines are in high demand – that is why China will remain a key market for Swiss machinery companies in the coming years,” he said in a statement published on Thursday. Since 2016, Swiss machinery exports to China and Hong Kong have been on the rise. The Chinese market (including Hong Kong) is the third biggest market for Swiss machinery products worldwide. The largest market remains Germany (CHF4.1billion), followed by the United States (CHF1.8 billion). Switzerland exported CHF8.9 billion in goods to China and Hong Kong in the first half of 2018, with imports amounting to CHF7.4 billion, resulting in a trade surplus of CHF1.5 billion. Swiss watches and precision instrument exports boomed in the first half of 2018 to a value of CHF4 billion. That figure represents a 17.5% increase compared to the same period the previous year.

Nestlé Sales Growth Sweetened by Performance in US and China

Shares in Switzerland’s Nestlé rose on Thursday after better sales in the US and China helped chief executive Mark Schneider pep up the performance of the world’s largest food and drinks group. The company behind brands such as KitKat, Perrier water and Nescafé coffee reported total sales in the first six months of 2018 had increased 2.8% on an organic, or like-for-like, basis compared with 2.3 % in the same period a year earlier. The pick-up would have been almost 3% without the impact of a protracted truckers’ strike in Brazil. Analysts had expected 2.5% growth. Nestlé’s growth fell in 2017 to the slowest in more than two decades amid shifting consumer trends, slow global economic growth and deflationary price pressures. Adding to the pressure on Mr. Schneider, Third Point — the US activist hedge fund founded by Daniel Loeb — invested USD 3.5 billion in a 1.25% stake in the Swiss group. Earlier this month, Third Point complained Nestlé still had a “muddled strategic approach” and remained “insular, complacent and bureaucratic”. However, Mr. Schneider said the first-half results showed that “our strategic initiatives and rigorous execution are clearly paying off . . . In particular, the US and China markets showed a meaningful improvement”.

 

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May 24, 2019
Published By swissinfo.ch in Business
May 24, 2019
Published By reinsurancene.ws in Bank / Finance / Insurance
May 5, 2019
Published By globaltimes.cn in Culture & Society
April 29, 2019
Published By reinsurancene.ws in Bank / Finance / Insurance