China News Direct

 
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General export of fuel oil - anywhere else to expand
(Apr 19, 2017) QINGDAO, Shandong - Sinopec resumes general exports of fuel oil after 13 years of stoppage, selling its first shipment of diesel to a buyer in Singapore via Sinopec Qingdao. A nearly saturated fuel oil market in China, said insiders, was the main reason pushing oil giants, including Sinopec and PetroChina, to resume export sales of ...
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Qunfeng produces all-in-one waste water treating vehicle
(Mar 18, 2017) QUANZHOU, Fujian - Fujian Qunfeng Equipment Co. Ltd. has grasped technology to make multi-functional waste water treatment vehicles, expecting to launch such products soon. The Quanzhou-based company specializes in producing building machinery, mechanical equipment and sanitation equipment. Different vehicles are built for ...
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China broadens agricultural disaster insurance
(Apr 27, 2017) BEIJING - Expanded agricultural disaster insurance will be released in 200 counties in China, matching the specific needs of farmsteads and small or large agri-business companies. The latest regular meeting of the State Council, held on 26 April, confirmed that over the next two years, about 200 counties in 13 food production provinces of ...
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China Minmetals no miss in Queensland zinc mine
(May 09, 2017) BEIJING - China Minmetals Corporation is expecting to launch its zinc project in Dugald River, Queensland, Australia in the first half of 2018 as it has completed nearly 60% of development. The mineral metals subsidiary of Minmetals Corporation, MMG, has completed mine engineering 1,737 meters and drilling 6,518 meters of the zinc mine in ...
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Shandong's Jiaodong is rich in gold
(May 04, 2017) YANTAI, Shandong - Better-than-ever exploration technology allows Chinese gold mining companies to dig deeper, turning Jiaodong, Shandong into the world's third largest gold mine areas. The Jiaodong region in Shandong province is deeply mined and dug for gold, both onshore and offshore. Since 2011, over 70 medium-scale to large gold mines have been found, confirming ...
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Pangang tops up B2B trade
(May 09, 2017) CHENGDU, Sichuan - Panzhihua Iron and Steel (Pangang) plans to take its B2B trading platform of iron and steel to trading of other commodities such as chemical, vanadium or non-steel, transacting over RMB100 billion of materials in several years. Owned by Anshan Iron and Steel Group (Ansteel), Pangang is already one of China's top 100 commodity trading enterprises. Its online trading ...
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Shengu gains substantial sales from petrochem machinery
(May 10, 2017) SHENYANG, Liaoning- Shenyang Blower Works Group Corporation (Shengu) signed RMB970 million worth of sales order yesterday to shine its petrochemical business. The phase one of a petrochemical refinery project, signed between Shengu and Zhejiang Petrochemical Co. Ltd., brought Shengu RMB970 million of incomes. The ...
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Industrial profits up 8.5% in 2016
(Mar 01, 2017) BEIJING - Data from the National Bureau of Statistics (NBS) of China show that in 2016 industrial companies with a yearly business scale of over RMB20 million of turnover earned a total profit of RMB6.88 trillion, up 8.5% over 2015. Most industrial companies earned a profit except for collectively owned entities that reported a decline. Foreign-invested ...
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Wafangdian Bearing foresees strong sales in 2018
(May 09, 2017) DALIAN, Liaoning - Wafangdian Bearing Group Corporation has recently won a tender to supply wind power pitch bearings for world-renowned companies, which will give it a substantial market share in the world. The Dalian-based bearing manufacturer sealed more orders at the Hannover Messe held in Hannover, Germany, pocketing RMB280 million of sales ...
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Inland companies usher in new world of opportunities
(May 17, 2017) HEFEI, Anhui - The Tenth Central China Investment and Trade Expo (CCITE) was opened in Hefei, the capital city of Anhui province yesterday to re-affirm dual-way investments and trades with countries along Belt and Road. China's policy of connecting with countries and regions along Belt and Road is unprecedented. Probably this time, inland ...
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