Good government policies can help propel an industry forward but bad ones can hinder development. Although China’s policies are aimed at developing the LED industry, the subsidies have gotten out of control recently, said LEDinside ...
Tags: LED Policies, LED Lighting
The pace of China's economic growth saw an uptick in Q3 2013, finishing the quarter with real GDP increasing 7.8% year over year, according to the most recent China Commercial Vehicle Outlook. The report is jointly published quarterly by ...
Tags: Truck, Transportation
China's economic growth is likely to stand at 7.6 percent this year, slightly down from 7.7 percent in 2012, said a State Council report on Wednesday. Economic growth has been higher than expected since 2011 despite a declining trend, ...
Tags: China's Growth, Mineral
China will impose a tiered power pricing system on aluminum smelters from Jan. 1 to cut overcapacity, the National Development and Reform Commission (NDRC) said on Monday. Power prices will stay unchanged for smelters that do not use more ...
The U.S. International Trade Commission has ruled against InterDigital in a complaint that alleged Huawei, Nokia and ZTE had infringed the company’s patents. On Thursday, the ITC upheld a previous ruling in June that found ...
Tags: Huawei, ZTE, Nokia, Patent Dispute
Tackling excess capacity will be one of the top tasks on China's economic agenda in 2014, as the issue becomes a major challenge to maintaining the pace and quality of economic growth. "The Chinese economy still faces downward pressure ...
Tags: Slashing Capacity, Mineral
French carmaker Renault has entered into an agreement with Chinese Dongfeng Motor (DFG) to create a new joint venture company, Dongfeng Renault Automotive Company (DRAC), with an investment of EUR870m for localized production in China. ...
China announced revisions to it subsidy program for companies breaking old transport ships and single-hulled tankers Monday, but industry insiders said this would do little to cut restrictions on what ships could be broken. "This will ...
Tags: Ship Breakers, Subsidy Scheme
A long-running spat between Changqing oil field and Yulin government in Northwest China's Shaanxi Province has moved a step closer to being resolved after 21 of the oil and gas producer's 22 bank accounts were unfrozen. A Yulin government ...
Tags: Eco-Compensation, Oil Producer
China is handing out new subsidies for buying ships to help its beleaguered shipbuilders. The central government will set aside "special funds" that give shippers subsidies of 1,500 yuan ($246.9) per gross ton -- a unit of measure for the ...
Tags: Shipbuilders, Subsidies
French carmaker Renault has partnered with IMA Group to provide assistance for the Renault and Dacia internal-combustion vehicle ranges in France. The carmaker has signed a three year agreement, which covers assistance services as part of ...
Tags: Renault, IMA, vehicle, internal-combustion vehicle
French carmaker Renault and Chinese Dongfeng Motor have received an approval from the National Development and Reform Commission (NDRC) for their joint venture company, Dongfeng Renault Automotive Company (DRAC), in China. Both firms ...
Tags: Auto, Dongfeng Motor
China is estimated to have added 10 gigawatts (GW) of installed photovoltaic (PV) power capacity in 2013, including 7 GW from PV power stations and 3 GW from distributed PV power projects, an energy official told Xinhua on Thursday. Liang ...
Tags: Solar Capacity, Energy
China is extending an existing tax exemption on imported gas to new sources of foreign pipeline gas and imported LNG. The Ministry of Finance announced on Monday that the tax exemption will be granted to pipeline imports from Myanmar, ...
China will simplify its foreign investment approval process in order to introduce a registration-based system for foreign investment projects, an official with the country's top economic planner said Tuesday. Zhang Xiaoqiang, deputy head ...
Tags: Foreign Investment, Risk control