China News Direct

 
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China's Rare Earth Quota Not Yet Fixed
(Dec 31, 2010) China's first batch of rare earth export quota of 2011 could not be directly compared with the first one of 2010 as foreign-invested companies, for the first time, were included in the quota. Authoritative source told China Securities Journal that there might not be another round of export quota in ...
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China's CPI Driven by Food Supply
(Dec 31, 2010) Ministry of Agricultural of China has held an annual work conference to call on keeping food production and prices of agricultural produce stable over the 12th Five-year Plan (2011-2015). Whether China will be able to keep the headline CPI within 4% in 2011 largely depends on agricultural production and prices ...
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China Announces First Rare Earth Export Quota for 2011
(Dec 29, 2010) The Ministry of Commerce of China (MOC) has announced the first tranche of export quota of rare earth for 2011, which shows a drop in volume of 11.4% over this year. In its announcement made yesterday, MOC set the initial export quota of rare earth at 14,446 tons, representing a ...
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China Calls on Joint Rare Earth Exploration
(Dec 28, 2010) China is calling on joint exploration and development of rare earth that will give the world stable and a variety of supply of rare earth. Xu Xu, chairman of China Chamber of Commerce for Metals, Mineral and Chemicals Importers and Exporters (CCCMC), believed international cooperation among countries with rare earth ...
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China's New Loan Structure Will Change
(Dec 24, 2010) The structure of new loans will change in China, of which an increase in note financing will be seen next year, forecast China International Capital Corporation Limited (CICC) in its latest report. CICC is of the opinion that new loan growth in 2011 will not be anything less than this ...
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Asia Cement To Finance Three More Production Lines
(Dec 24, 2010) The demand for cement will continue to rise in China next year, keeping prices of cement at a level similar to this year's, according to Chang Tsai-hsiung, CEO of Asia Cement (China) Holding Corporation. Chang forecasts that for the full year of 2010, Asia Cement (China) will be able to ...
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China Raises Gasoline, Diesel Prices
(Dec 22, 2010) China has raised the gasoline price and diesel price by RMB310 per ton and RMB300 per ton respectively, but has kept the surcharge on transport-used fuel oil unchanged in order to ensure supply. National Development and Reform Commission (NDRC) has announced the price hike which will take effect at midnight ...
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Iron and Steel Profit Margin Remains Low Despite High Demand
(Dec 21, 2010) Despite producing record-breaking volume of raw steel, China's steel making enterprises have the lowest profit margin. Figures from the Ministry of Industry and Information Technology (MIIT) show Chinese industries have an average profit margin of 6% but that of the iron and steel industry is 3.5%, the lowest among all. ...
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China To Unveil Environmental Protection Target
(Dec 21, 2010) Ministry of Environmental Protection of China has completed the first draft of the environmental protection development planning for the 12th Five-year Plan (2011-2015) which sets a target of reducing COD and carbon sulfur by 8%. During the 12th Five-year Plan period, there is a new goal of reducing ammonia nitrogen ...
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China Raises Rare Earth Export Tariff
(Dec 15, 2010) China will adjust the import and export tariffs on a number of items, including rare earth, starting from January 1, but the details of the adjustment, especially on rare earth, have not been disclosed. The State Council has approved the move and Ministry of Finance says it will increase export ...
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