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National Development and Reform Commission
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China Leads on The Road to Clean Energy
Apr 30, 2019The steel and coal industries in China face new capacity cuts in a further bid to cut pollution in the country. That's according to the National Development and Reform Commission, who have announced plans to suspend construction of large ...
Tags: steel, coal industries
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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 Builds ´Blue Engine´ with Belt and Road Countries
Jun 28, 2017The National Development and Reform Commission, China's top economic planner, and the State Oceanic Administration (SOA) jointly issued a document entitled "The Vision for Maritime Cooperation under the Belt and Road Initiative" on June 20, ...
Tags: OBOR, ocean cooperation
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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 to Launch Green Electricity Certificate
Feb 14, 2017China, as a major market for renewable electricity, has already announced to launch renewable energy certificate (REC) program officially since 2018. This system would be helpful for China to establish a firmer, healthier renewable energy ...
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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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Chinese ODI Comes Close to US$200b in 2016
Feb 3, 2017China's overseas direct investment is estimated to soar 40 percent to a record $189 billion in 2016 from the previous year, according to a study released by the US consultancy Rhodium Group and Berlin-based Mercatur Institute for China ...
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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 Sets Oil, Gas Supply Targets by 2020
Jan 20, 2017China aims to increase domestic crude oil output to 200 million tonnes by 2020, while supply capacity for natural gas should exceed 360 billion cubic meters, according to plans published Thursday. China will add 1 billion tonnes of proven ...
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Yuchai Ranks First in Innovation Enterprises
Jan 5, 2017The ranking list of Guangxi Top 100 Innovation Enterprises was issued recently. As the first list for regional innovation enterprises issued by China, it comprehensively considers the innovation capability of Guangxi enterprises through ...
Tags: Yuchai Machinery, diesel engine