News
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China’s Steel EPD program makes debut
By WANG YING A Chinese iron and steel industry’s Environmental Product Declaration program was officially launched on Thursday in Beijing to bring prime enterprises and organizations along the steel industrial chain together to promote the green, healthy and sustainable development of the s...Read more -
France announces 8-bln-euro plan to rescue ailing car industry
By Xinhuanet China’s first high-speed railway controlled by private capital has been built to connect several cities in east China’s Zhejiang Province. On Tuesday, the tracks were completed for the Hangzhou-Shaoxing-Taizhou intercity railway, one of China’s first group of high-s...Read more -
China builds its first PPP high-speed railway
By Xinhuanet China’s first high-speed railway controlled by private capital has been built to connect several cities in east China’s Zhejiang Province. On Tuesday, the tracks were completed for the Hangzhou-Shaoxing-Taizhou intercity railway, one of China’s first group of high-s...Read more -
German industry calls for tax relief amidst energy price crisis
By huaxia BERLIN, April 22 (Xinhua) — The Federation of German Industries (BDI) on Friday called for tax policy measures to cushion the economic consequences of the Russia-Ukraine conflict for the German economy. Companies in Germany were in “existential difficulties due to the energy...Read more -
China’s transport investment posts robust growth in Q1
By Xinhua BEIJING – China’s transport sector notched an increase in fixed-asset investment in the first quarter of the year (Q1), the Ministry of Transport said Tuesday. In the January-March period, fixed-asset investment in the sector amounted to 636 billion yuan ($96.97 billion), up...Read more -
China’s daily crude steel output up in mid-March
By Xinhuanet The number of 5G connections in China is expected to reach 892 million by the end of 2025, according to a recent analysis by GSMA, an international association of mobile operators. This figure is higher than GSMA’s forecast around half a year ago at the World Internet Conferenc...Read more -
Nearly 900 mln 5G connections in China by 2025: GSMA
By Xinhuanet The number of 5G connections in China is expected to reach 892 million by the end of 2025, according to a recent analysis by GSMA, an international association of mobile operators. This figure is higher than GSMA’s forecast around half a year ago at the World Internet Conferenc...Read more -
CONU – THE COUNTER NUT FOR FLAT SURFACES
By Xinhuanet Self-locking alternative to the hex nut The CONU counter nut is a new and innovative ‘fastener locking device’ (patent pending). Compared to conventional hex nuts this counter nut offers a wide variety of advantages depending on the application, such as reduced space requirements and...Read more -
China to help enterprises better hedge exchange rate risks amid rising yuan
By Xinhuanet The Chinese government will work to help enterprises better hedge exchange rate risks as the yuan rises, Gao Feng, spokesperson for the Ministry of Commerce, said on Thursday. Gao made the remarks after the Chinese currency, the renminbi, or the yuan, had appreciated sharply in recen...Read more -
China’s manufacturing PMI rises to 50.1 in November
By Xinhuanet The purchasing managers’ index (PMI) for China’s manufacturing sector came in at 50.1 in November, up from 49.2 in October, data from the National Bureau of Statistics (NBS) showed Tuesday. A reading above 50 indicates expansion, while a reading below reflects contraction...Read more -
China’s daily crude steel output further decreases in October
By Xinhuanet China’s average daily crude steel output in October 2021 hit a record low since 2018 amid the country’s bid to cut carbon emissions and gear up green transformation of the steel industry, according to the Ministry of Industry and Information Technology (MIIT). Last month,...Read more -
ExxonMobil launches 10-bln-USD project in south China city
By Xinhuanet International energy company ExxonMobil Tuesday started a project in Huizhou City, south China’s Guangdong Province, to produce performance polymers used in packaging, automotive and agricultural products. The launching ceremony was held simultaneously in the city, Beijing and ...Read more