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Industrial restructuring
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Valmet Secures Defibrator System Order From Chiping County Senqiang MDF
Jul 12, 2017Valmet has secured an order to supply EVO-56 defibrator system to Chinese firm Chiping County Senqiang MDF, which belongs to Sensen group. The new defibrator system will produce 30 tons per hour bone dry (bd) unresinated fiber. It will ...
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Tax Reform to Boost Vitality of Real Economy
Apr 4, 2016Chinese Premier Li Keqiang has urged solid efforts from the country's financial and taxation authorities to deliver the value-added tax (VAT) reform as part of efforts to invigorate the real economy during a visit to the State ...
Tags: Tax Reform, VAT
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China Should Be Attractive for Foreign Investors
Mar 15, 2016"We will create an investment environment that is fairer, more transparent and more predictable. China must always be a land that attracts foreign investments," said Chinese Premier Li Keqiang on March 5, in his 2016 government work report ...
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Positive Signs Emerge for Economy During Q2
May 21, 2015Industrial restructuring, growth in services good indicators of improving conditions, say experts Positive signs have started to emerge in China's economy since the second quarter, suggesting deepened industrial restructuring amid rapid ...
Tags: Industrial restructuring, Positive signs, China's economy
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China's Economy Faces Many Challenges
May 14, 2015China's economy is in transition from an industrial economy into a post industrial economy where both international and domestic markets can no longer support high speed growth of industrial sectors. China is facing the possibility of being ...
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China to Boost The Implementation of The "Made in China 2025" Strategy
Mar 26, 2015China's State Council pledged Wednesday to boost the implementation of the "Made in China 2025" strategy, which will upgrade the manufacturing sector. Accelerated industrialization is supported by the manufacturing sector, according to a ...
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Li Emphasized The Importance of Energy
May 2, 2014Led by Li Keqiang, the Premier of State Council of the People’s Republic of China, the new phase of China’s National Energy Commission was held on April 18th. Li announced at the Commission that the nation will reinforce the ...
Tags: Energy Industry, Green Energy
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China's Economy Is Undergoing a Transition
Jan 22, 2014The stable and good momentum of economic growth in recent months will ensure that China is able to fulfill its expected growth target. The question is how long this growth momentum can last. The consensus is that China’s economy is ...
Tags: Economic Growth, China's economy
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China Is Estimated to Have Added 10 Gigawatts of Installed Photovoltaic Power Capacity
Dec 9, 2013China is estimated to have added 10 gigawatts (GW) of installed photovoltaic (PV) power capacity in 2013, including 7 GW from PV power stations and 3 GW from distributed PV power projects, an energy official told Xinhua on Thursday. Liang ...
Tags: Solar Capacity, Energy
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Chinese Industrial Businesses Saw Their Profits Rise 15.1% Year on Year in October
Dec 3, 2013China's latest figures on industrial activities indicated that the world's second largest economy faced worsening overcapacity despite a slew of measures and repeated warnings from the leadership. Analysts said overcapacity was posing a ...
Tags: Overcapacity, China's Economy
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Beijing Launched Carbon Emissions Trading on Thursday
Dec 3, 2013Beijing launched carbon emissions trading on Thursday, making it China's third market for carbon trading. An initial 490 companies, whose carbon emissions account for 40 percent of the city's total, have been included in the plan, ...
Tags: Carbon Market, Emissions
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China's Crude Steel Output Rose 8.3 Percent Year-on-Year to 652.48 Million Tons
Dec 3, 2013China's crude steel output rose 8.3 percent year-on-year to 652.48 million tons in the first ten months of 2013, faster than the 2.1-percent increase seen in the same period last year, the country's top economic planner said Thursday. ...
Tags: Construction, Metallurgy, Mineral, Energy, Crude Steel
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China Wii Encourage More Companies to Invest in Overseas Projects
Nov 29, 2013In a move designed to combat overcapacity in the steel sector, China will relocate some factories and encourage more companies to invest in overseas projects, said an official with the country's top planning agency. Li Zhongjuan, an ...
Tags: Metallurgy, Mineral, Energy
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The MoD Plans to Commission 3 New Ocean-Going Offshore Patrol Vessels for The Royal Navy
Nov 18, 2013The MoD plans to commission three new ocean-going Offshore Patrol Vessels for the Royal Navy in a deal that will sustain jobs in the UK's warship building industry. The new ships, which will be built by BAE Systems at their shipyards on ...
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China's Central Energy Authority Has Proposed to Build More Photovoltaic Power Stations
Nov 12, 2013China's central energy authority has proposed to build more photovoltaic power stations in 2014 than originally planned as solar panel producers struggle before dwindling export orders. The capacity of new PV power stations to be built in ...