According to the revised data issued by China’s National Bureau of Statistics (NBS) on December 19, the country’s final gross domestic product (GDP) figure for 2013 has been recorded at RMB 58.8019 trillion ($9.58 trillion), ...
Tags: GDP Figure, Metallurgy
In order to curb environmental pollution and upgrade local industry, from 2015 to 2020 China's Hebei Province will gradually increase its pollution discharge fees in three steps, as announced by the provincial authorities. During the ...
Tags: steel, oil, chemical, ferrous metal, Metallurgy
On December 19, Beijing-based Chinese steelmaker Shougang Iron and Steel Co. announced that its net asset value is expected to increase by an estimated RMB 3.4 billion ($0.55 billion) due to its holding company BAIC Motor Corporation Ltd ...
Tags: steelmaker, Metallurgy
Chinese companies are feeling the chill from the rouble crisis, with automobile and food trading firms aching the most. Automaker Zhejiang Geely Holding Group Co has started to increase the prices of its vehicles in Russia to offset losses ...
PPG Industries recently staged awarding ceremonies for its 2014 China Scholarship Program at 10 Chinese universities. PPG has sponsored scholarships for Chinese students each year since 2003. This year, the total scholarship amount reaches ...
Tags: universities, academic goals, Construction
China's export was far less than expected in November, crude oil and other commodity prices tumbled to the unexpectedly sharp drop in imports, the trade surplus hit a record high. China's economy is facing more downward pressure. China's ...
Tags: China's export, crude oil
Recently, Mr. Zhongyu Shi was driving a brand new Volvo Trucks FM460, one of the vehicles in the Anhui Liu An Logistics fleet, down the Outer Ring of Qipu Road in Shanghai at nearly 100 km/hour, with a total weight of 55 tons of the truck ...
Tags: Safe Transportation, Trucks Dynamic Steering System, Transportation
Last year China leapfrogged past Germany to become the world’s largest market for solar equipment, according to industry figures. True, a September report showed the former is also set to push global carbon emissions to a record high ...
Tags: Solar Energy, PV
Chairman Jimmy Chu of the Fair Friend Group has announced plans to spend around US$50 million on a new operations headquarter and R&D center in Hangzhou City, mainland China, as part of the group's effort to quickly boost its share of ...
Tags: Fair Friend, horizontal machining
"Made in China" is a sign of the pride for the majority of Chinese stationery manufacturers, but the "made in China" is also the defects of their exports.Why do we say so?In China,most of the stationery manufacturers are do OEM brand, they ...
Tags: Stationery, Office Supplies
Industrial & Commercial Bank of China (601398.SHA) will become a clearing bank for RMB transactions in Canada, The Wall Street Journal reported, citing a statement from China's central bank. The announcement comes one day after China and ...
Tags: ICBC, RMB Transactions, Service
In October this year, the average prices of new residential housing in 100 major cities in China decreased by 0.4 percent month on month to RMB 10,629 ($1,731.1) per square meter, indicating a month-on-month decline for the sixth ...
Tags: Residential Housing
Chinese steelmaker Shandong Iron and Steel Group (Shandong Steel) has announced that on November 14 it plans to issue short-term bonds worth RMB 3 billion ($0.49 billion) for a term of 365 days, in its fifth short-term bond issue in the ...
Tags: steelmaker, Shandong Steel
Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co. Ltd (Baosteel) has issued its financial report for the first nine months of the current year, announcing an operating revenue of RMB 143.592 billion ($23.39 billion), up 0.93 ...
In the January-September period of the current year, China's crude steel output amounted to 618.00 million mt, up 2.3 percent year on year, as announced by China's National Development and Reform Commission (NDRC). The growth rate in ...