Business / News

Shanxi takes the lead in going green

[2012-03-12 09:01]

Shanxi, a major powerhouse of China, is taking a lead in the country to make its resources-based economy greener and more diversified.

Chinese airlines oppose EU carbon tax

[2012-03-10 13:39]

A lawmaker said Saturday that China's civil aviation enterprises sternly oppose the European Union's inclusion of China's aviation industry into its carbon emission trading scheme, which is not in line with international regulations.

Emissions, poverty addressed

[2012-03-10 07:56]

Reducing carbon emissions from the agricultural and forestry industries could help to eliminate poverty in the Chinese countryside.

EU to keep carbon tax

[2012-03-10 07:43]

The European Union will maintain its carbon tax imposed on airlines operating in its airspace, despite a freeze in purchases of Airbus aircraft by China. Airlines oppose carbon tax

China negotiating in US wind tower probe

[2012-03-08 10:34]

China's Ministry of Commerce (MOC) will negotiate with the US side over its probe into Chinese exports of wind towers through association channels, Vice Commerce Minister Jiang Zengwei said on Wednesday.

Building of nuclear plants to resume

[2012-03-08 08:17]

China will soon resume the approval and construction of nuclear power plants, senior officials said during the plenary session of the CPPCC National Committee on Wednesday.

China leverages tax tool to promote green vehicles, ships

[2012-03-07 17:24]

The Ministry of Finance (MOF) announced Wednesday that China will promote the use of environmentally friendly vehicles and ships by offering tax cuts.

PV outlook darkens in Europe

[2012-03-07 07:52]

The European Union will probably launch an anti-dumping and anti-subsidy investigation into imports of Chinese photovoltaic solar panels soon, said Li Zhi, director of the Bureau of Fair Trade for Imports & Exports of the Ministry of Commerce.

Solar probe 'could backfire'

[2012-03-07 07:52]

A possible EU probe into Chinese photovoltaic solar makers could cause the loss of 300,000 jobs in the debt-burdened zone, Chinese industry officials warned on Tuesday.

China's nuclear power precondition 'extremely safe'

[2012-03-03 11:11]

China will develop nuclear power under an "extremely safe" precondition after drawing lessons from the Fukushima nuclear power station accident in Japan last year, a spokesman for the country's top political advisory body said Friday.

New rules to combat pollution

[2012-03-01 13:57]

Stricter air quality standards will be adopted in cities, the State Council announced on Wednesday.

Israel to loan China $300m in water saving

[2012-03-01 10:17]

Israel is to loan China $300 million for high-tech water-saving agricultural projects, according to an agreement signed Wednesday by both countries' finance ministers.

Make full use of wind power

[2012-02-29 18:34]

Grid dispatching institutions are urged to try their best to guarantee full consumption of wind power, Shanghai Securities News reported Wednesday, citing a statement from China's energy regulator.

China to test methanol vehicles in three regions

[2012-02-29 14:35]

China will start a trial run of methanol-fueled cars in northern Shanxi and Shaanxi provinces and eastern Shanghai city to evaluate the safety of the vehicle and the alternative fuel.

China completes development of first aviation biofuel product

[2012-02-29 10:33]

A Chinese oil producer has completed the development of the country's first self-developed aviation biofuel product, according to aviation authorities.

China to cultivate biofuel use

[2012-02-29 10:30]

China is expected to use 12 million metric tons of aviation biofuels by 2020, accounting for 30 percent of the country's total use of jet fuel, according to Li Jian, deputy director of the Civil Aviation Administration of China.

High-emission vehicles banned and fined in Beijing

[2012-02-29 09:41]

Beijing has banished about 12,500 vehicles from other provinces from entering the city because they were deemed to have excessive emissions.

China to apply renewable energy quota

[2012-02-28 17:27]

China is expected to apply a nationwide quota system to the use of renewable energy in power generation in 2012, China News Service reported Monday.

China on the path to efficient use of energy

[2012-02-28 10:44]

China aims to curb its energy consumption for each unit of industrial output by 21 percent during the period of the 12th Five-Year Plan (2011-15), the Ministry of Industry and Information Technology said on Monday.

China to open green materials lab

[2012-02-27 13:36]

The lab will be used for basic theory study of the application of green building materials.