China's National Development and Reform Commission (NDRC) said Tuesday that it will not seek to lower coal output in large scale, even as it continues to rationalize supply. This is provided that prices remain in a reasonable boundary. ...
Tags: Coal Mines, Coal
The outline for China’s 13th five-year plan isn’t exactly summer beach reading: The 65,858-character document, which lays out in broad terms how China’s leaders want the country’s economy to develop between now and ...
Tags: five-year plan, political economy
Amid the country's effort to build a greener energy system, the country's raw coal production by its large-size coal companies continued to decline in 2016. Combined raw coal production from the country's designated large coal companies ...
Tags: Coal Production, Coal
The World Bank on Tuesday kept its forecast for China's economic growth rate for 2017 unchanged at 6.5 percent, saying that the economy will continue sustainable growth as it is rebalancing from manufacturing to services, despite reemerging ...
Tags: World Bank, Chinese Economy
Amid spiking energy demand and mounting environmental challenges, China is striving to build a greener energy system, with more investment flowing to the clean energy sector in the coming years. China's total energy consumption will be ...
Tags: Greener Energy, clean energy
Iron and steel output in China in 2017 is expected to fall due to the shrinking demand of steel consumption industries and continuing efforts to cut overcapacity, according to a report. Decline in demand to limit steel production Demand ...
A slowdown in China is the greatest threat to the global economy, Harvard economist Kenneth Rogoff told BBC in a curious interview in late September. "The [Chinese] economy is slowing down much more than the official figures show." As the ...
Tags: Chinese economy, global economy
The Communist Party of China (CPC) Friday specified major tasks for the economic work in 2017, including further advancing supply-side structural reform. The country should push forward reforms in key sectors, including state-owned ...
Tags: CPC, China's economic growth
China has "basically" achieved this year's steel and coal capacity reduction goals, according to a State Council statement. A statement released after a State Council executive meeting presided over by Premier Li Keqiang spoke highly of ...
Tags: steel, coal capacity
China will hopefully achieve its annual steel and coal capacity reduction goals ahead of schedule this year, the country's top economic planner said on Tuesday, as local authorities have intensified efforts in recent months due to pressure ...
Tags: Steel, Coal Capacity-Cut Targets
Consumption is the major economic driver, showing the nation's success in rebalancing the economy, but more efforts are needed to sustain growth, with heightened pressure in sectors with overcapacity, economists said. "China is on the ...
Tags: Consumption, economic driver
China collected 8.97 trillion yuan (1.33 trillion U.S. dollars) in taxes from January to September, up 7 percent year on year, the State Administration of Taxation (SAT) said Thursday. The tax revenue growth in the first nine months this ...
Tags: tax revenue, taxes
Steel prices in China, the world's biggest steel producer and consumer, rose mildly last week as market sentiment improved slightly but demand remained subdued, latest industry data showed. China's steel industry has long been plagued by ...
Tags: Steel
China's industrial profits showed positive changes in August thanks to policy-level efforts to reduce waste and also to a low base of comparison. But economists hastened to add that uneven growth is seen across sectors, and the country ...
China's industrial profits rose 19.5 percent year on year to 534.8 billion yuan (about 80.3 billion U.S. dollars) in August, official data showed Tuesday. The growth rate was faster than the 11-percent increase registered one month ...