Business / News

China to build high-tech eco-district in ancient capital

[2011-06-14 09:24]

China released a general plan to build Xi'an and Xianyang, the area used to be where the capital of 13 ancient Chinese dynasties stood, into a high-tech eco-district.

World Bank OKs $150m loan to Shandong

[2011-06-11 10:33]

The World Bank has approved a $150 million loan to China for improvements in energy efficiency in the eastern province of Shandong, the bank said in an emailed statement.

Electric vehicle batteries 'must improve'

[2011-06-10 11:09]

China's new-energy vehicle production capacity is expected to hit around 300,000 units by 2012.

Schneider buys clean tech company for $650m

[2011-06-10 10:54]

Schneider Electric SA has agreed to pay $650 million for Leader & Harvest Technologies Holdings Ltd. 

Solar power to become cheaper

[2011-06-10 10:29]

The price of solar power in China is expected to drop by 20 percent in the next five years as the country prepares to start large-scale application of the green energy source after 2015.

Water management firms eye China

[2011-06-09 14:31]

France-based Suez Environment (Suez) and US-based General Electric Co (GE) recently signed an agreement to jointly develop new urban water management technologies, and the first projects will focus on cities in China and France, China Securities Journal reported Thursday.

Development to find balance

[2011-06-09 14:17]

China unveiled a nationwide development strategy based on regional environment and resource capacities, in a renewed bid to balance economic growth with natural conservation.

China 2nd among favorite places for green M&A: KPMG

[2011-06-09 13:25]

China is likely to attract more merger and acquisition interest in clean energy this year, Bloomberg News reported Thursday citing a KPMG LLP survey.

Challenges in environmental protection still serious

[2011-06-04 07:53]

China admitted that it is facing serious challenges in environmental protection, including pollution from toxic metals aggravating the public and a severely unsafe underground water supply.

Chill wind blowing for turbine industry

[2011-06-03 09:32]

Wind turbine manufacturers are feeling the industry performance pinch for the first time after five years of good times in China, the world's fastest-growing wind power market, said industry experts.

SOEs to cut energy intensity

[2011-06-01 14:09]

China's SOEs are asked to cut their energy intensity by 16 percent during the next Five Year Plan (2011-2015), China Business News reported on Wednesday, citing the State-owned Assets Supervision and Administration Commission.

China makes world's largest wind turbine

[2011-05-30 16:04]

A Sinovel made 6mW wind turbine prototype, fresh off the production line, can be used in onshore, offshore and inter-tidal wind farms, Tao Gang, vice-president of Sinovel Wind Group Co Ltd, said Monday.

Hangzhou: Pilot city for a greener future

[2011-05-30 11:14]

Amid increasing calls from the Chinese government for more environmentally friendly growth to transform its economic structure, Hangzhou, the capital city of East China's Zhejiang province, is aggressively promoting its outsourcing service industry.

Clean energy certification proposed

[2011-05-27 13:11]

China should establish a national third-party certification process to ensure the boom in renewable energy attracts outside investors, a third-party certificate developer said at a clean energy workshop in Beijing on Thursday.

WWF report guides China's low-carbon cities

[2011-05-27 11:16]

The World Widelife Fund for Nature launched a report Thursday, offering guidance on China's quest for low-carbon cities.

Wind turbine makers see fresh breeze abroad

[2011-05-27 11:06]

While China's wind turbine makers are in a cut-throat price war in the domestic market and one-third of wind turbines stand idle, there's a silver lining: the demand for wind power equipment in developing economies, analysts said on Thursday.

China expands its renewable energy lead

[2011-05-27 09:57]

China widened its lead over the United States as the most attractive country for renewable energy projects, following its "greenest" five-year plan to date, Ernst & Young LLP said.

Nuclear projects continue

[2011-05-26 09:41]

Chinese nuclear power developers are continuing preparations for new projects, signaling their undiminished appetite for the clean energy despite Japan's nuclear crisis.

EU-China green co-op working well: EU official

[2011-05-25 13:56]

European Union (EU) and China share similar views over the development of green economy and cooperation of the two sides in this field is working well, said an EU senior official on Tuesday.

Give market the leading role in low-carbon growth

[2011-05-20 17:46]

No matter whether we have turned over the page of the financial crisis, the low-carbon "revolution" has in itself started already, and China should ready itself to catch up, said a researcher in Beijing.