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Date:2012/01/12
China will soon start construction on its second installment of wind power projects for the 2011-2015 period, Liu Tienan, minister of the National Energy Bureau (NEB), has said.
The first group of wind power projects for the 2011-2015 period was ann...
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Date:2012/01/17
Visiting Chinese Premier Wen Jiabao urged Saudi and Chinese enterprises to expand cooperation and mutual investment here Sunday.
Wen made the remarks while meeting Saudi entrepreneurs, including Abdul Rahman Al-Jeraisy, president of the Saudi Arabia...
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Date:2012/01/13
Australia is set for an A$112 billion ($115 billion) infrastructure boom as the nation adds ports and railways to feed China and India's appetite for coal and iron ore.
The largest exporter of the key steelmaking materials will build enou...
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Date:2012/01/12
The Chinese currency Renminbi, or the yuan, weakens 75 basis points to 6.323 against the U.S. dollar on Thursday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to rise or fa...
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Date:2012/01/17
China aims to increase coal-bed methane output this year while avoiding coal mine gas leak accidents, a senior official said Monday.
The country's coal-bed methane output is expected to reach 15.5 billion cubic meters in 2012, up from 11.5 bill...
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Date:2012/01/12
According to the data released by MOFCOM on January 11, Chinese domestic steel price decreased by 0.3% last week as compared to prior week and by 2.3% vs middle November. In detail, the price for rebar with diameter of 12 mm and high speed wi...
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Date:2012/01/13
Revenues from customs duties in China jumped 29 percent year-on-year to more than 1.61 trillion yuan ($256 billion) last year, Yu Guangzhou, chief of the General Administration of Customs said Thursday.
Yu ascribed the revenue surge to the higher pr...
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Date:2012/01/17
The Chinese currency Renminbi, or the yuan, advanced 56 basis points to 6.3250 against the U.S. dollar on Tuesday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to rise or f...
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Date:2012/01/17
According to the data released by Luo Bingsheng recently, an official from CISA, as the soft market demand and constant hiking costs for steelmaking ingredients went on in the past eleven months, the production and sales cost for China's...
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Date:2012/01/11
Chinese shares opened lower on Wednesday, with the benchmark Shanghai Composite Index down 0.12 percent, or 2.83 points, to open at 2,282.91.
The Shenzhen Component Index opened at 9,278.05, down 0.03 percent.
Source: Xinhua
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Date:2012/01/13
Inflation eased to a 15-month low in December, further fueling speculation that the government may ease monetary policy.
Consumer price inflation of 4.1 percent, from the same month last year, saw the continuation of an easing trend over the last fiv...
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Date:2012/01/16
Visiting Chinese Premier Wen Jiabao and Secretary General of the Gulf Cooperation Council (GCC) Abdullatif al-Zayani agreed on Sunday to speed up negotiations on a free trade agreement (FTA) between the two sides.
Setting up the free trade zone will...
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Date:2012/01/11
The Chinese currency Renminbi, or the yuan, stayed unchanged from a day earlier at 6.3171 against the U.S. dollar on Wednesday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed...
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Date:2012/01/13
China will continue to expand energy ties with Central Asian countries, which have proven to be a fruitful model of mutually beneficial cooperation, a senior Chinese diplomat said on Thursday.
Zhang Hanhui, director-general of the Foreign Ministry...
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Date:2012/01/16
A Chinese commercial vessel was attacked on Saturday by unidentified gunmen in the Mekong River's deadly Golden Triangle region, known for its criminal activity.
The merchant boat Shengtai 11 was shot at by firearms from the Laotian side as it ...
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Date:2012/01/11
According to the data compiled by China's customs, Chinese steel product exports totaled 3.72 million t in December of 2011, decreasing by 0.48 million t month over month while increasing by 30.53% year over year. At the same time, Chine...
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Date:2012/01/13
According to the data released by China Customs recently, in January to December of 2011, Chinese coke export value aggregated to $1.487 billion, registering a year-on-year increase of 7.1%. During the given period, Chinese overall coke and s...
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Date:2012/01/16
China will construct an offshore wind farm with an installed capacity of 300 megawatts (MW) in Leting County, North China's Hebei province, making it the country's largest such project.
The feasibility report for the wind farm located near...
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Date:2012/01/11
China's foreign trade surged 22.5 percent in 2011 from a year earlier to $3.64 trillion, the General Administration of Customs (GAC) said Tuesday.
The country's annual trade surplus narrowed 14.5 percent year on year to $155.14 billi...
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Date:2012/01/12
China's Producer Price Index (PPI), a main gauge of inflation at the wholesale level, rose 1.7 percent in December year-on-year, the National Bureau of Statistics (NBS) said Thursday.
The reading eased further from November's 2.7-percent gr...