Business / News

City out to mop up water waste

[2010-08-11 15:22]

New regulations are in the pipeline to prevent the squandering of water by Beijing's car-washing industry.

JV will focus mirrors to leverage sun

[2010-08-11 10:35]

Beijing Zhonghang Airport General Equipment Co Ltd plans to set up a joint venture to invest in a concentrated solar power (CSP) equipment project worth 878 million yuan ($129.63 million) in Yuanling county of Hunan Province.

Jianghuai to invest $4.4b in new-energy cars

[2010-08-10 09:19]

Chinese carmaker Jianghuai Automobile Co said on Tuesday it plans to invest about 30 billion yuan ($4.4 billion) on production of clean-technology vehicles through a partnership with Yang Rong, a Chinese automobile tycoon who fled the country after being accused of economic crimes.

China's industrial polluters given 2 months to close

[2010-08-09 14:20]

China's industry chiefs have warned more than 2,000 companies to close obsolete production facilities within two months or face cuts in credit and a suspension of government approvals.

Coca-Cola gets real about its business

[2010-08-09 14:09]

Coca-Cola, the world's biggest beverage company, says it is integrating sustainability and green production into every aspect of its business operations to realize sustainable development in China.

China to unveil $739b 'new energy' plan

[2010-08-09 11:32]

China will soon publish a plan for what it called "newly developing energy industries" that will involve 5 trillion yuan ($739 billion) in investment through 2020, the China Securities Journal reported on Monday.

China races to fulfill emission cut target

[2010-08-07 15:58]

China's national campaign on energy savings and emission cuts was apparently also felt by the general public, as it seeks to cut energy consumption per unit of economic output by 20 percent by the end of 2010 from its 2006 level.

Algae menace to be savior of China's fabric industry

[2010-08-07 11:13]

A Chinese company is trying to make high-tech fabrics from algae that once polluted waters around China.

China scraps power sops for heavy users

[2010-08-07 09:10]

China has canceled all preferential power tariffs for energy-intensive industries directed by local governments in 22 provinces as of July 14, to curb expansion in energy-guzzling and polluting industries, the National Development and Reform Commission (NDRC) said on Friday.

China may launch environmental tax trial

[2010-08-05 15:49]

China may start trials for an environment tax in the provinces Hubei, Hunan, Jiangxi and Gansu, China Business News reported its website today, citing an unidentified environmental planning official.

Chint Group to invest in Gansu solar power projects

[2010-08-05 10:09]

Power equipment manufacturer Chint Group Corp said it will invest 22 billion yuan ($3.25 billion) to build two solar power projects in Gansu province to expand its portfolio in new energy sectors.

FAO: China's recovered poplar forests boost agriculture

[2010-08-05 09:56]

The recovering of poplar forests in Siyang County in Eastern China's Jiangsu Province is benefiting rural life and agricultural activities, the UN Food and Agriculture Organization (FAO) said on Wednesday.

ALI to join 'eco-city' project in Tianjin

[2010-08-04 17:29]

The Philippine largest property company, Ayala Land Inc (ALI), has became the fourth foreign real estate developer to join an "eco-city" development project in Tianjin.

China may give electric cars, hybrids $15b jump start

[2010-08-04 13:54]

China may invest more than 100 billion yuan ($15 billion) in alternative-energy vehicles during the next 10 years to boost the industry, the Shanghai Securities News said.

Hyflux taps demand for clean water

[2010-08-03 09:30]

Hyflux Ltd and Mitsui & Co will start a venture to buy stakes in four water treatment plants in China and offer to take Hyflux Water Trust private in transactions worth about $170 million.

China's 1st electric car sold to individual

[2010-08-02 10:47]

Last week little-known carmaker Zotye Auto became the first Chinese company to sell a purely electric car to an individual buyer.

New plan targets more pollutants

[2010-07-31 10:27]

China plans to introduce ambitious new targets for the reduction of major pollutants in the upcoming 12th Five-Year Plan (2011-15) as the nation strives to realize its green goals, a senior official said.

Construction of nuclear power plant kicks off in Guangxi

[2010-07-30 16:52]

Construction on the first phase of a nuclear power plant started in Guangxi Zhuang autonomous region Friday.

Henan province's coalmine consolidation moves ahead

[2010-07-29 10:03]

Central China's Henan province will consolidate most of its small coalmines to update the scattered industry base and eliminate outdated capacity.

Solar power may as cheap as electricity from coal in a decade

[2010-07-28 16:53]

China may make solar power as cheap as electricity produced from coal in about a decade as the country accelerates the development of cleaner energy to cut emissions.