China News Direct

 
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China cuts coal further to restore balance
(Feb 20, 2016) BEIJING - The coal and coke industry will be shedding as many as 500 million tons of production capacity in five years in order to resume balance, the latest supply-side reform mandated by the State Council to resuscitate ailing industries. The State Council delivered an opinion note on 5 February to ask coal and coke companies and iron and steel ...
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China, North America trade ever closer
(Feb 22, 2016) RIZHAO, Shandong - Rizhao Port Group, Sunrise Group of Shandong and Columbia Grain Trading Inc of the U.S. will be shipping 6-10 million tons of soybean from Portland, Washington to Rizhao, Shandong, forging bulk commodities and closer trade ties between China and North America. The maiden voyage of soybean trade set sail last week after Rizhao Bulk Commodity ...
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Beijing Enterprises will help build Guangxi's future
(Mar 04, 2016) BEIJING - Beijing Enterprises Group Co. Ltd. sealed a deal with the regional government of Guangxi Autonomous Region to jointly develop infrastructure in Guangxi. Guangxi has a list of major projects worth as much as RMB500 billion to be completed this year. Beijing Enterprises Group, on the other hand, has substantial financial strength ...
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China Southern Power Grid to build more rural power lines
(Mar 18, 2016) GUANGZHOU, Guangdong - China Southern Power Grid Co. Ltd. will invest RMB28 billion in these two years to upgrade power networks in key villages and rural areas. Without adequate supply of electricity, spending by villagers or even e-commerce may not be optimized. Even farming will be affected. In the next two years, China ...
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Alliance will elevate crude oil refineries
(Mar 07, 2016) JINAN, Shandong - Crude oil refineries in Shandong province and two others outside of Shandong formed China Petroleum Purchase Federation of Independent Refinery to centralize operation and to beef up collective bargaining power. China Petroleum Purchase Federation of Independent Refinery, formed in Jinan, Shandong on 29 February, is a non-profit ...
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Standard raised with China's first national coffee lab
(Mar 24, 2016) KUNMING, Yunnan - Coffee groups in Yunnan province gathered efforts to lift the standard of the coffee industry, building China's first national lab for coffee in Pu'er, Yunnan province. General Administration of Quality Supervision, Inspection and Quarantine of China officially approved the formation and construction ...
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Shanghai powers up for Yangtze River Delta
(May 09, 2016) SHANGHAI - Shanghai will be building wind power plants of 200,000 kw in these two years, powering up to meet demands in the Yangtze River economic belt. Shanghai Municipal Development and Reform Commission announced that the six wind power plants in Shanghai's Laogang Phase III development will be starting construction in 2016-2017. Wind power will keep the ...
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Shanghai tries to win gold and diamond trades
(May 12, 2016) SHANGHAI - Gold sold as an investment doubled in volume in the first quarter this year although demands for gold in China and India, the world's biggest gold consumers, dipped a bit in a slow economy. Shanghai Gold Exchange launched the world's first gold index priced in Renminbi (RMB) this April. The issuance of a RMB-denominated gold ...
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Japanese companies sidelined, but watching closely
(Jun 28, 2016) DALIAN, Liaoning - DHI-DCW Group Co. Ltd. will produce 50 more sets of wind towers for Hitachi after Hitachi has nodded satisfaction of the products. DHI-DCW Group has been commissioned to produce wind towers (WTGS) of 2 megawatts for Hitachi. Adopting German technologies, DHI-DCW has added its own efforts to localize production, now operating ...
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Huiyuan, Huasheng scale up apple business
(Aug 02, 2016) QIANYANG, Shaanxi - Senior executives of Huiyuan Group made a trip to its fruit juice industry park located in Qianyang county, Shaanxi province this June, ensuring that resources sent to commercialize fruit juice production is done well in face of an expanding overseas market. Fruit juice production is no longer a factory operation of extracting. To ...
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