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Chinese gov't pledges to cut toxic dioxin emissions

BEIJING - The Chinese government has pledged to cut dioxin emissions by 10 percent in key industries such as the steel industry and waste incineration in the next five years.All enterprises in the key industries should have installed efficient dust removal devices on their ...

Goodman rosy on China investments

Greg Goodman, chief executive and co-founder of Goodman Group HONG KONG - Goodman Group, the world's third largest logistics facilities operator, said it expects to increase its investments in China 500 percent within five years, backed by further support from cornerstone ...

China's shining light in the energy challenge

Entrepreneur believes 60 percent of the world's power will come from the sun 100 years from now XINYU: Peng Xiaofeng is not one to be deterred from his personal mission by the heavy rain pouring down outside his office. It might be a dreary day in Xinyu but the 34-year-old ...

Miao sees the sun shine on energy dream

Miao Liansheng, Yingli's founder, said that was a time when the industry was doubling its size every two years with good enough returns from just assembling semi-products. [Provided to China Daily] Flexible production lines enable entrepreneur's solar power business to harvest ...

CISA appoints new deputy secretary-general

The China Iron and Steel Association (CISA) announced deputy secretary-general Qi Xiangdong's retirement on Friday and said Li Xinchuang, president of China Metallurgical Industry Planning & Research Institute, will take the post, financial news website Caing.com reported Friday. ...

Iron ore prices set to rise slightly

Workers are unloading imported iron ore in Qingdao port, Shandong province, on Oct 3. Steel Index, the independent price provider, estimates iron ore prices will increase by 4 percent in the first quarter of 2011. [Photo / China Daily] Declining supplies from India may see costs ...

Sinopec sees higher domestic oil demand

Sinopec says it plans to invest 500 billion yuan ($75 billion) in construction and 200 billion yuan in materials through 2015. [Photo / Bloomberg] Consumption to increase by up to 6% by 2015 on economic growth BEIJING - China Petroleum and Chemical Corporation (Sinopec), the ...

China crude steel output up slightly in mid Nov-CISA

SHANGHAI - China's daily crude steel production rose by 0.4 percent to 1.607 million tons in the middle 10 days of November, data from the China Iron & Steel Association (CISA) showed on Monday. China produced 1.601 million tons of crude steel per day in the first 10 days of ...

Steel mill profits surge in October

Shanghai to boost its M&A market The surge in the profits was spurred by the decline in agreed iron ore price and increase in steel prices, the report said. But it is still too early for China's steel industry to be optimistic. Analysts said the agreed seasonal iron ore price ...

China steel firm profits soar 21% in Oct - CISA

BEIJING - Gross profit at China's large-scale steel companies exceeded 7 billion yuan ($1.05 billion) in October, up 21 percent from the previous month, according to data issued by the China Iron and Steel Association (CISA) on Tuesday. The 77 member companies monitored by CISA ...

PMI in expansion mode during May

Workers melting steel products at a Nanjing factory. The official PMI for May stood at 53.9, down from 55.7 in April. An Xin / China Daily BEIJING - The slower expansion pace of the Purchasing Manager's Index (PMI) for the manufacturing sector in May still demonstrates the ...

Baosteel sees drop in Q3 profit

Steelmaker warns of lower numbers for third quarter SHANGHAI - Baoshan Iron & Steel Co (Baoshan Steel), China's biggest publicly traded steelmaker, may report its smallest profit in the past five quarters as demand slows and high prices of raw materials erode margins. A visitor ...

Environmental protection to be highlighted

An employee of a waste recycling station in Nanjing, capital of Jiangsu province, sorts through discarded electrical appliances on Aug 3. [Photo /Provided to China Daily] BEIJING - Environmental emergency management remains a great challenge in China, where there have been an ...

Europe aids clean air campaign

500 million euro loan to help fund China's projects to reduce greenhouse-gas emissions BEIJING - The Ministry of Finance signed a second climate-change framework loan with the European Investment Bank (EIB) on Friday, borrowing 500 million euros ($663 million) for projects ...

Clean energy sources powering ahead

The Fangjiashan expansion project of the Qinshan Nuclear Power Project in East China's Zhejiang province is now under construction. It is designed to increase the generating capacity of the project from the current 300,000 kilowatts to 1 million kilowatts. [Wang Chaoying / China ...

China's shining light in the energy challenge

Entrepreneur believes 60 percent of the world's power will come from the sun 100 years from now XINYU: Peng Xiaofeng is not one to be deterred from his personal mission by the heavy rain pouring down outside his office. It might be a dreary day in Xinyu but the 34-year-old ...

Sowing the seeds for a truly green revolution

Workers at a biofuel power plant. [CFP] Poisonous shrub can help to produce biodiesel for cars with residue used as biomass to power electricity plants Farmer Li Guangrong was overjoyed last year when he received a red envelope filled with 3,000 yuan ($439) in cash. The 59-year...

Technology key to keeping cutting edge

Billionaire blames small firms' excessive output on reluctance to invest A worker inspects a completed solar panel before packaging at a solar power factory in Wuxi,Jiangsu province. The eff ective demand for what the photovoltaic industry produces is huge. [Agencies] BEIJING - ...

Danfoss sees green potential in smaller cities

BEIJING - Danfoss Group, one of the largest industrial companies in Denmark, is stepping up its efforts to tap opportunities in China's second- and third-tier cities in a bid to promote energy conservation and business expansion. "China is the third-largest market for Danfoss. I ...

China seeks to play green with black energy

TAIYUAN - For China, coal has been both an economic driver and a source of pollution. However, the world's fastest growing economy will continue to rely upon coal in upcoming decades to fuel its economic growth; the difference is that it is also striving to do so in a greener ...
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