industry

The average price of Shanghai's new homes shot to a seven-month high of more than 24,000 yuan (US$3,626) per square meters last week even as the government reiterated that it will still continue to tame prices despite unveiling policies that don't seem to be working. New homes, ...
p>Japan's Mitsui Chemicals and China Petroleum & Chemical Corp, or Sinopec, will build a joint ethylene-propylene rubber plant with a capacity of 75,000 mt/year in Shanghai, China, the companies announced in a joint statement Thursday. The official name of the ethylene-propylene ...
Going green is the latest thing in almost every business now. This time, it is online industry that is making headway into the environmentally friendly initiatives. Dotster.com, an ICANN accredited domain registrar and one of the world s largest Web Hosting companies, just made ...
Over the past decade, China has become the largest manufacturer of products, making around 10 percent of the world's sneakers and 95 percent of computer parts. But the large "scale" has failed to create large "profits", and domestic companies have become cheap labor for ...
p>Australia's Liquefied Natural Gas Limited is in discussions with six potential strategic partners as LNG buyers and project investors for its stalled Fisherman's Landing LNG project, the company said Friday. The project has been stalled since LNGL's original gas supplier, Arrow ...
In previous years, China faced year-end coal shortages, but not this year. The China National Coal Association says thermal coal supplies at the country's major power plants are sufficient to last for around 15 days. That's considered a normal level of supply. As long as there's ...
More than half of Chinese netizens think online transactions are unsafe, which has had a huge negative impact on China's e-commerce development, according to industry experts. Mao Wei, chief scientist with China Internet Network Information Center (CNNIC), said in the latest ...
"This is very important for us because it is a great step to the closed nuclear fuel cycle in our country," Ukrainian Energy Minister Yuriy Boyko was quoted by Russia's state-run news agency RIA Novosti as saying. "We have 15 nuclear reactors and we should have our own nuclear ...
A proposal to merge two major steel companies in Shandong Province is facing a setback as they failed to call for a shareholder meeting within a stipulated timeframe, citing changed market conditions. Jinan Iron and Steel Co and Laiwu Steel Corp, both listed on the Shanghai Stock ...
As the Lunar New Year draws near, rabbit-shaped toys and gifts are popular sale items at markets in Guangzhou, Guangdong province, but buyers have to fork out more due to high commodity prices. With the Year of the Rabbit due to begin on Feb 3, 2011, rabbit-shaped stuffed toys ...
Snyder's of Hanover will begin construction on a solar farm that will be the largest ground-based solar energy system in Pennsylvania with over 16,000 panels spanning twenty acres. After gaining approval from the Penn Township Planning and Zoning Board to build the solar farm, ...
p>Poland and Russia signed Friday a much delayed new gas deal which will increase Polish gas imports by just over 2 billion cubic meters/year. The inter-governmental agreement was signed in a televised ceremony at the Prime Minister's Office in Warsaw by Economy Minister and ...
Sinopec Group, Asia's top oil refiner by capacity, said on Tuesday that its 2010 sales are estimated to grow by 41 percent year-on-year, buoyed by surging domestic demand for oil products and increasing upstream sales arising from oil price hikes. The State-owned energy company's ...
Oil politics have changed dramatically with the rise of major producers and exporters outside OPEC, increasing the risk of violence among nations that export or consume large quantities of crude oil, a new study said. "Seizing Power: The Grab for Global Oil Wealth -- How Oil ...
China's self-sufficiency in crude oil is expected to be 45 percent in 2010, the National Development and Reform Commission (NDRC), the nation's top economic planner, said Tuesday. The country imported 218 million tonnes of crude oil in the first 11 months, a rise of 19.8 percent ...
p>In response to critical comments released Thursday by a US government panel investigating the BP Macondo spill and blowout, Halliburton -- which completed the cement work on the doomed well -- gently criticized the panel's own cement tests and turned full fire on BP for its ...
A water-tower-like chimney is eye catching in the desolate desert, where under the chimney is a glass-made house sitting above the ground. This is a solar chimney plant system in Jinshawan, Wuhai City of north China's Inner Mongolia Autonomous Region, which is the country's first ...
p>The Indonesian government has extended four production sharing contracts for oil and gas blocks held my Medco Energi International, Camar Resources and Husky Energy for another 20 years, a senior government official said late Thursday. The contracts cover the Bawean block ...
p>Russia's energy ministry wants to reduce the tax burden on oil producers to 65% of companies' earnings by 2020 from the current 73%, energy minister Sergei Shmatko said late Thursday. "We would like to see the tax burden on oil companies drop significantly to 65% of earnings by ...
Chinese mainland-based Xiamen Airlines and Taiwan-based Mandarin Airlines announced Monday that they would begin sharing flight codes on two cross-Straits flight routes in a move to assist those people flying between southeastern Fujian's Xiamen city and the island's Taipei and ...
Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...
IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...
Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...