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
China's Ministry of Commerce plans to grant crude import licenses to four independent teapot refineries in eastern Shandong province, namely Huifeng Petrochemical, Chambroad Petrochemical, Tianhong Petrochemical and Luqing Petrochemical, ...
Tags: crude import, teapot refineries
A slew of factors is persuading companies to expand abroad to access the global market Rising costs and steep anti-dumping duties in the United States and Europe, coupled with a desire to expand overseas, are increasingly driving major ...
Tags: Solar Panel, Solar Energy Products
The world's stock markets are spiralling downwards. The U.S. equity market fell 10 percent last month. Investor terminology calls this a "correction" not a crash. But prospects don't look good. Big investors, banks and financial ...
Tags: Economic Crisis, investment banks
China, to boost the PV industry under the 13th Five-year National Development Plan, has set a target installation capacity of 3.0GWp for model PV power stations to be set up in 2016, according to the government National Energy ...
Tags: PV Industry, PV Power Stations
With oil product stocks at moderate levels, Shandong's teapot refineries have kept refinery run rates relatively high, which is supporting demand for feedstock crudes, sources said this week. Regular importer Beifang Asphalt Fuel in ...
Tags: oil product, bitumen
China's outbound M&A volume increased for the sixth consecutive year to a record high of $111.9 billion in 2015, breaching the $100 billion mark for the first time ever, says a recent report from Dealogic, an international information ...
Tags: Outbound M&A
China will not cut its domestic retail fuel prices when international oil prices fall below 40 U.S. dollars a barrel, the country's economic planner said on Wednesday. Previously, China set a ceiling for domestic retail fuel prices, which ...
Tags: Retail Fuel Pricing, oil products
China's production of 10 major non-ferrous metals in November grew at a slower pace than a year ago, the top economic planner said Sunday. Output of non-ferrous metals grew 1.4 percent year on year in November, down by 6.5 percentage ...
Tags: Non-Ferrous Metal, Metals
China has more than doubled its first round oil product export quotas to 20.93 million mt from a year ago to 27 refineries in 2016, industry sources told Platts Tuesday. It contrasted to the 9.75 million mt released for the same period ...
Tags: oil product, gasoline
One change will certainly be deeply felt in China's economy in 2016 and more time come: supply-side structural reform. "Supply-side structural reform is an urgent task that cannot afford any delay, otherwise the 'sickness' will become ...
Four more Chinese independent teapot refineries, with a total capacity of 15.6 million mt/year, have joined others in applying to the National Development and Reform Commission to process around 14.47 million mt/year of imported crudes, the ...
Tags: teapot refineries, teapot
China's service sector activity expanded strongly in December, a monthly survey showed Friday. The purchasing managers' index (PMI) for the non-manufacturing sector came in at 54.4 in December, up from 53.6 in November and also the ...
Tags: Non-Manufacturing PMI, PMI
China's factory activity picked up a bit in December but remained in contraction as downward pressure persisted in the manufacturing sector, official data showed Friday. China's manufacturing purchasing managers' index (PMI) came in at ...
Tags: Manufacturing PMI, PMI
Changsha, capital city of central China's Hunan Province, will offer 72-hour visa-free entry for international transit passengers starting Jan. 1, 2016. The policy covers travelers from 51 countries, including 37 in Europe, six in the ...
Tags: Visa-free Entry