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China to Lower The Prices of Both Gas and Diese
Apr 30, 2019China will lower the retail prices of both gas and diesel by 85 yuan (12.3 U.S. dollars) per tonne from Wednesday due to falling international prices, according to the country's top economic planner. It will be the second oil price cut ...
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Big Data Shows B&R Cooperation Yields Win-Win Results
Feb 11, 2019The Belt and Road Forum for International Cooperation was held successfully in May 2017. Thanks to joint efforts from all parties, the Belt and Road (B&R) construction has yielded fruitful achievements. Over the year, trade cooperation ...
Tags: B&R Cooperation, B&R routes
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China LED Lighting Market to Exceed $24bn by End 2024
Nov 28, 2017The China LED lighting market will exceed $24bn by end 2024, forecasts Renub Research in a new report. Escalating urbanization, price cuts and local energy savings targets are making the technology more tempting. China’s lighting ...
Tags: LED market, LED lighting
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China to Restrict Oil Product Exports in H1 2017
Mar 31, 2017China is highly likely to restrict oil product exports in the first half of 2017 to flat or below H1 2016 levels amid growing focus on pollution control, curbing excess capacity and international trade flows, sources with knowledge of the ...
Tags: Oil Product, Crude Oil
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No Large-Scale Cuts From Chinese Coal Mines
Mar 9, 2017China's National Development and Reform Commission (NDRC) said Tuesday that it will not seek to lower coal output in large scale, even as it continues to rationalize supply. This is provided that prices remain in a reasonable boundary. ...
Tags: Coal Mines, Coal
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China Suspends Oil Price Adjustment
Mar 1, 2017China's top economic planner will not adjust domestic retail oil prices as global prices have stayed below the official pricing mechanism, according to an announcement on Tuesday. Under the current mechanism, prices of refined oil ...
Tags: oil prices, refined oil
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China's Latest Five-Year Plan Could Be Its Last
Feb 24, 2017The outline for China’s 13th five-year plan isn’t exactly summer beach reading: The 65,858-character document, which lays out in broad terms how China’s leaders want the country’s economy to develop between now and ...
Tags: five-year plan, political economy
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China Opens More Economy Areas for Foreign Capital
Feb 6, 2017China's moves to further ease foreign investment policies will open doors in some monopoly sectors this year while prohibiting local governments from curbing foreign companies, experts said. Their comments came after the State Council ...
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China 13th Five-Year Plan Goal
Jan 31, 2017China’s National Development and Reform Commission (NDRC) officially released the full articles of the 13th Five-Year Plan, regulating the energy development roadmap and action plan from 2016 to 2020. For solar PV, the basic ...
Tags: low-carbon energy, solar PV
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China's Power Use Growth Picks up in Jan.-Oct.
Nov 17, 2016The growth of power use in China, a key barometer of economic activity, continued to accelerate in the first ten months due to more consumption by the service sector, official data showed Friday. Power consumption grew 4.8 percent year on ...
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China Aims at a PV Target of Over 110GW by 2020
Nov 14, 2016China’s National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) have officially announced the 13th Five-Year Plan for power development, including carbon emission, power structure adjustment, ...
Tags: PV solar, wind energy
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Coal Price Rise Irrational
Nov 1, 2016The recent coal price surge in China was irrational and unsustainable, an official said Monday, predicting that prices will retreat as supplies increase. There is no basis for further rises in coal prices, as supplies, freight volume and ...
Tags: Coal, Coal Price
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China Set to Hit Steel, Coal Capacity-Cut Targets Early
Oct 31, 2016China will hopefully achieve its annual steel and coal capacity reduction goals ahead of schedule this year, the country's top economic planner said on Tuesday, as local authorities have intensified efforts in recent months due to pressure ...
Tags: Steel, Coal Capacity-Cut Targets
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China's Crude Oil Output Sees Sharp Drop
Sep 20, 2016China's crude oil output fell 9.9 percent year on year in August, the biggest monthly drop since 2003 as refineries slashed production amid sluggish global oil prices, data from the National Bureau of Statistics showed Monday. Imports, on ...
Tags: crude oil, oil prices
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China Makes Headway in Steel Capacity Cut
Aug 11, 2016Efforts to reduce China's steel production overcapacity are forging ahead according to plan, the top economic planner said Wednesday. In a medium-term roundup of the drive, the National Development and Reform Commission (NDRC) said, in an ...
Tags: steel production, overcapacity