Swedish auto manufacturer Volvo Group has signed an agreement with Hubei Province-based state-owned Chinese auto company Dongfeng Motor Corporation (DFG) to acquire a 45 percent stake in DFG’s new subsidiary Dongfeng Commercial ...
Tags: Volvo Group, Dongfeng Motor Corporation, commercial vehicles
On January 29, Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Co. (WISCO) announced that it has won a tender to supply steel pressure pipes and pressure plates for Kajiwa Hydropower Station, located on the Muli River ...
Tags: steelmaker, Mineral, Hydropower Station
On January 28, Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Co. (WISCO) announced that it has set up a trading office in the Russian capital Moscow after receiving approval from Russia’s justice ministry. ...
Tags: WISCO, Moscow, Trading Office
WISCO Logistics Co., logistics subsidiary of Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Co. (WISCO), plans to create the largest logistics center for steel trading in central China, as reported by Chinese media ...
China Economic Monitoring and Analysis Center (CEMAC): National Business Climate Survey results showed that the business climate index (BCI) was 124.4 in the fourth quarter, increased 1.6 points quarter-on-quarter. Of which, the current BCI ...
From January to December 2012, the investment in fixed assets (excluding rural households) reached 36,483.5 billion yuan, up by 20.6 percent year-on-year (actual increase was 19.3 percent after deducting price factors), decreased 0.1 ...
Tags: Investment, Fixed Assets, 2012
From January to December, the private investment in fixed assets reached 22,398.2 billion yuan, a year-on-year increase of 24.8 percent (nominal growth rate. The real growth rate was 23.4 percent), down by 0.2 percentage points over the ...
Tags: Private Investment, Fixed Assets, January, December
The total investment in real estate development in 2012 was 7,180.4 billion yuan, a year-on-year growth of 16.2 percent (nominal growth rate. The real growth rate was 14.9 percent), decreased 0.5 percentage points over the first eleven ...
Tags: Estate Development, Sales, 2012
In the year of 2012, in face of the increasingly complicated and severe international situation and arduous tasks of domestic reform, development and stability, the Central Party Committee and the State Council took scientific development ...
In December 2012, the total value added of the industrial enterprises above designated size was up 10.3 percent year-on-year (the following growth rates of value added are real growth rates, after deducting price factors), 0.2 percentage ...
Tags: Industrial Production, value, heavy industry
On January 15, Hubei Province-based Chinese steelmaker Wuhan Iron and Steel Co. Ltd(WISCO) announced that from November 29, 2012 to January 15, 2013 its parent company Wuhan Iron and Steel (Group) Corp acquired 106 million shares in Wuhan ...
Tags: WISCO, Hubei Province, steelmaker
The Economic and Information Commission of the city of Chongqing in China has announced that Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co.Ltd(Baosteel)has signed a contract to establish an automotive steel sheet processing ...
On December 31, Hubei Province based major Chinese steel producer Wuhan Iron and Steel Group announced that it has completed supplies of 20,000 tonne of steel plates for crude oil storage tanks in the Dagang district of Tianjin, built ...
Tags: Wuhan Iron and Steel Group, steel plates, crude oil storage tanks
Chinese steelmaker Echeng Steel and China Pingmei Shenma Group, a state owned coal producer based in Henan province, have reportedly set up a joint venture in Hubei province. Industry sources said that both sides have a 50% stake in ...
Tags: Echeng Steel, Pingmei Group, coal, coke
On December 31st, Hubei Province-based major Chinese steel producer Wuhan Iron and Steel Group announced that its Quebec, Canada based iron ore mining JV, Bloom Lake Mine, achieved an annual profit of RMB 350 million in 2012. The Bloom ...
Tags: Wuhan Iron and Steel Group, iron ore, mining, company news