ANALYSTS are predicting a rebound for coking coal prices as China becomes a net importer of coal for the first time in its history.
Recent data shows the resource-hungry nation imported 14.3 million tonnes of coal in the first quarter of 2007, a 60.4 per cent rise over the three months ending March 31, 2006.
That compares [...]
Despite being the world’s largest coal producer, China saw its coal imports jump sharply in the first quarter and surpass exports for the first time ever.
The China Daily reported Thursday the higher imports were due to the country’s continuing double-digit economic growth. The report quoted experts as saying the situation also stems from government [...]
China aims to produce 193 million tonnes of oil and 92 billion cubic metres of natural gas by 2010, according to an energy blueprint released by the National Development and Reform Commission (NDRC) on April 10.
While the target represents a mere 5% growth in oil output compared to last year, or 2.12% in annual growth, [...]
China cut the number of its economic development zones from 6,866 in 2003 to 1,568 at the end of last year, said sources with the National Development and Reform Commission (NDRC) on Thursday.
The total area of the country’s economic development zones has shrunk from 38,600 square kilometers to 9,949 square kilometers.
An NDRC official said “the [...]
In the largest non-ferrous project awarded to Chinese companies to date, two Chinese firms yesterday landed an aluminum complex contract in Saudi Arabia.
China Non-ferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (NFC) and China National Machinery Industry Corporation (SINOMACH), signed an agreement with Saudi company Western Way for Industrial Development Co (WWIDC) to develop [...]
French chipmaker Spidcom Technologies is in talks with Chinese telecom operators to bring broadband Internet access over the power lines to Chinese households.
Company president Radomir Jovanovic is expecting deregulation of power line communications (PLC) in China due to increasing use of video on home networks.
PLC offers consumers an alternative to traditional ADSL (asymmetric digital subscriber [...]
