China's apparent oil demand in 2015 grew 5.8% year on year to 11.11 million b/d, the fastest pace since 2011, despite the country's economy growing at the slowest rate since 1990, Platts calculations based on recently released official data ...
Tags: oil demand, fuel oil
The market of heavy-duty truck is the “vane” of Chinese micro political and economic laws and regulations; the “barometer” of Chinese economy and the “thermometer” of people’s livelihood. The ...
Tags: Heavy-Duty Truck, Truck
The domestic telescopic arm-style mounted crane with the maximum tonnage SQS625A and the truck was rolled out by XCMG recently. Its maximum hoisting capacity is 25 ton and the maximum working height 30 meters. The main crane jib is ...
Tags: mounted crane, XCMG, crane jib
Thanks to tireless promotion by top Chinese leaders, the country's railway industry has seen another year of good harvest in overseas markets in 2015, culminating in the launch of a railway project in Asia and the start of another in Europe ...
Logistics firm Sinotrans and CSC Holdings has become a wholly-owned subsidiary of the China Merchants Group. Sinotrans and CSC Holdings is now the biggest integrated logistics service provider with total assets of 100 billion yuan, or 16 ...
“Million Kilometers Quality Testing Activity” of GAC Hino in Guangzhou began on December, 19, 2015. The journalists of Chinatrucks Net. not only saw the charming GAC Hino “Hero” heavy-duty truck which do not need ...
Tags: GAC Hino, heavy-duty truc, Auto
The Chinese government's leading think-tank has released a new study downplaying concerns about the level of debt being held by local governments, suggesting that more spending needs to take place to cope with social issues. On the heels ...
Tags: People's Livelihoods
Chinese stocks posted gains on Friday as market sentiment was boosted by a strong transportation sector. The benchmark Shanghai Composite Index rose 0.43 percent to close at 3,627.91 points. The smaller Shenzhen index gained 0.37 percent ...
Tags: Shares, Transportation Sector
Profit declines for China's state-owned enterprises (SOEs) continued but narrowed in November, the Ministry of Finance (MOF) said Friday. China's non-financial SOEs raked in 2 trillion yuan (309.1 billion U.S. dollars) in profits from ...
Tags: State Companies, Profitability
The China-proposed Asian Infrastructure Investment Bank (AIIB) was formally established Friday. Expectations are high for the new global multilateral financial institution, which will operate in an open, fair and efficient manner, AIIB's ...
The China-initiated Asian Infrastructure Investment Bank (AIIB), a complement to existing international financial system, was formally established Friday in Beijing and expected to start operation early next year. "The AIIB is legally ...
Tags: AIIB
China's Silk Road Fund, a medium- to long-term investment fund, will buy 9.9 percent of a Russian liquefied natural gas (LNG) project. The Silk Road Fund said Friday that it entered into a set of binding agreements with Russia-based ...
Henkel Corporation, the U.S. subsidiary of Henkel KGaA of Germany, today announced the acquisition of Magna-Tech Manufacturing, headquartered in Muncie, Indiana. Magna-Tech Manufacturing is the North American market leader in vacuum ...
Tags: Henkel Corporation, KGaA of Germany, Auto
Having learned advanced heavy-duty truck manufacturing technology from Germany, America and China, Foton Daimler Automotive broke through the emission standards of vehicles, ranked the first in the emission escalation of heavy-duty truck ...
Tags: Auman, heavy-duty trucks, Transportation
2015 will end. Dongfeng Commercial Vehicle Co., Ltd. ranks first in the sales of medium and heavy-duty truck in 2015. Dongfeng Commercial Vehicle Co., Ltd. made the sales target of 118,000 for 2016 which professionals in industry think ...
Tags: Dongfeng Commercial Vehicle Co., Ltd, medium and heavy-duty truck, Auto