China will slash the per-tonne retail prices of gasoline by 245 yuan (39.84 US dollars) and that of diesel by 235 yuan, starting from Monday, the country's top economic planner said on Sunday. The adjustment will lower the benchmark ...
Tags: Retail Fuel, Energy
China has introduced measures to curb photovoltaic overcapacity while seeking to expand domestic deman. China has put forth new rules to tackle overcapacity in its solar power industry. A document released by the Ministry of Industry and ...
Tags: Solar Power, Chemicals
China's Ministry of Finance announced on Sunday that it will offer tax breaks to manufacturers of solar power products, in the country's latest effort to encourage the use of the green energy. From Oct. 1, 2013 to Dec. 31, 2015, vendors ...
Tags: Solar Power Products, PV Products
The main business income of China's petrochemical industry grew 9.9 percent to 6.60 trillion yuan ($1.07 trillion) in the first seven months of 2013, said the country's top economic planner on Wednesday. The industry's net profit totaled ...
Tags: Petrochemical, Mineral
China has this week ordered 58 companies, ranging from steel, coke and cement producers, to cut excess production capacity by the end of the year, in the latest attempt to ease overcapacity in bloated sectors. This is the third batch of ...
Tags: Overcapacity, Metallurgy
Chinese drivers will have to pay more in fuel prices amid the country's drive to reduce air pollution through upgraded fuel quality. In the next two years, the prices of motor gasoline and diesel which meet the national 'fourth-phase' ...
Tags: Pricing Policy, Greener Fuel
China is expected to overtake Germany this year to become the world's top country in terms of newly added solar power generating capacity, an official from China's top economic planner said Wednesday. To deal with the overcapacity problem ...
Tags: Chemicals, Solar Energy
The State Council, China's cabinet, has approved setting up a joint meeting mechanism under which key regulators will hold regular or irregular meetings on economic reforms. Under the State Council's leadership, the joint meeting ...
Tags: Mechanism
As Chinese economy shows signs of picking up, analysts say shadow banking and local government debt, two major financial worries during the past few months, are less likely now to bring down the world' s second-largest economy. While ...
Tags: Local Debts, Financial Crisis
China will lower administrative fees charged by 14 government departments, effective from October 1 this year, the country's top economic planner announced on Tuesday. The move is expected to help enterprises and individuals save about ...
Tags: Government Admin Fees
China has fined six baby milk formula companies a total of 670 million yuan (US$108 million) for price-fixing, following an anti-trust investigation launched in early July, the country's top economic planner announced Wednesday morning. ...
Tags: Milk Formula, Price-Fixing
A second foreign manufacturer of baby formula is planning price cuts amid an investigation by China's top economic planner. Dumex, part of France's Danone group, said Thursday it was preparing a price reduction proposal. On Wednesday, ...
Tags: baby formula, dairy products, milk powder
In a gesture to push forward reforms in the world's most populous nation, the State Council - headed by Premier Li Keqiang - introduced changes to itself by starting to cut intervention in investment and production activities. In an ...
Reuters reported that China will review on grid power tariffs annually and adjust them if thermal coal prices fluctuate by more than 5% a year. Government marking a small step towards broader market-oriented energy pricing reforms. ...
Tags: thermal coal prices, thermal coal, energy, soaring coal prices
CHINA will pay CNY 8.6 billion (USD 1.4 billion) in subsidies for power generated from renewable sources this year. Chinese ministry of finance said that the funds will be allocated by provincial financial authorities to grid companies ...
Tags: renewable energy, renewable sources, renewable power, solar power