Meili

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Xavier Paulin More than 10 years licensing experience in China, Korea, Japan, Taiwan and Singapore. Helped main fashion brands from France and Italy, artists and leading consumer goods brands to be successfully licensed in Asia markets. |

China’s Shandong Chenming Paper Holdings, a major paper manufacturer, announced its plan to invest RMB 9.8 billion in two high-end paper production paper projects and a logistic project in Shouguang City, Shandong Province. According to information filed with the Shenzhen Stock Exchange, Shandong Chenming Paper would invest RMB 5.2 billion in a 800.000 tons annual capacity low-weight coated art paper project and RMB 2.6 billion in a 600.000 ton annual capacity white-coated linerboard project. Meanwhile, RMB 2 billion will be invested to build a logistics center and the supporting railway. Both projects are expected to be completed in the year 2011.