In October 2024, a delegation from the People’s Government of Fengdu County, Chongqing, China, visited Mexico City and held a meeting with Efrén Calvo, President of the Mexican Chamber of Commerce in China (MEXCHAM). The meeting was also attended by Mr. Bai Yi and Ms. Ninfa Montaño, the founders of the Panda Library. MEXCHAM looks forward to continuing fostering business cooperation between Chongqing and… Continue reading RECAP: Delegation from Chongqing visited Mexico
Dec. 11 — Shares of Mesnac advanced after the Chinese supplier of rubber processing machinery unveiled a plan to build a new factory in Mexico for USD20 million. The plant, which will be located in León, Mexico, will be built and operated by Mesnac’s subsidiary registered in Hong Kong, the Qingdao-based parent company announced yesterday.… Continue reading Mesnac invests $20M for a New Mexico Plant
By the end of 2024, the automotive industry expects new car sales to have increased by 10.4%, according to Cristina Vázquez, coordinator of Economic Studies of the Mexican Association of Automotive Distributors (AMDA). At a press conference, he stressed that the estimate is based on the calculation that by the last month of this year, 1… Continue reading Mexico’s new car sales to grow 10% by 2024
VIGEO Human Capital, founded in 2024, is a strategic consulting and project management firm specializing in human capital, sales enablement, and ethics and compliance solutions. With a primary focus on assisting foreign companies establish and scale operations in Mexico, VIGEO offers a unique blend of local expertise and global insights to navigate the complexities of… Continue reading Member Spotlight: VIGEO
COAHUILA – The Chinese company Daimay continues its expansion in Mexico with a significant investment of US$56 million for the municipalities of Ramos Arizpe and Parras de la Fuente, in Coahuila. With this initiative, the company is committed to strengthening its presence in the North American market. In Ramos Arizpe, Daimay inaugurated its sixth plant,… Continue reading Daimay invests US$56 million in Mexico
Last December 4, 2024, The Cooperation and Exchange Meeting Between CCPIT Hainan Provincial Committee & Foreign Business Association sheld by CCPIT Hainan Provincial Committee in Beijing. The Mexican Chamber of Commerce in China (MEXCHAM), represented by Luhai, Director of Public Affairs participated along with the representatives from other foreign business associations and some corporate representatives. The event aimed to help foreign-invested enterprises enhance their confidence… Continue reading RECAP: Hainan Business Associations Meeting
The “2024 Trade with Qingdao Exchange Event – Galbal Trade and Sustainable Developmente of Qingdao Enterprises” was held on last December 4, 2024. This event was guided by Qingdao Bureau of Commerce, organized by Qingdao Municipal Trade Development Service Center and co-organized by Deloitte China. Over 150 participants, including representatives from government departments, industry experts,… Continue reading RECEP: Qingdao Exchange Trade Event
John Deere has announced plans to invest USD 55 million in a new manufacturing plant in Nuevo León, Mexico. The facility, which will focus on producing construction machinery, is expected to begin operations in 2026. According to Gecimar Morini, John Deere’s manager for Mexico, Central America, and the Caribbean, confirmed the plans, emphasizing the company’s… Continue reading John Deere to invest USD 55M in Mexico
Huawei, a provider of infrastructure for telecommunications networks and solutions for digital transformation, reported that it has invested just over 1.3 billion pesos, about $64.07 million dollars, to the development of data centers in Mexico between 2019 and 2024, through the Huawei Cloud division. The company’s main intention is to have infrastructure that supports the telecommunications… Continue reading Huawei invested 1.3B pesos in Mexico
lYutong analyzes building plant in Mexico Yutong, the world’s leading electric bus manufacturer, has taken a key step towards expanding its presence in Mexico, as it is now studying the feasibility of building an assembly plant in Mexico. With this move, the Chinese automaker seeks to consolidate its position in the electric and sustainable vehicle market… Continue reading Yutong Automotive plans to build plant in Mexico
