China International Coal & Energy New Industry (CICEN) Expo will be held in Taiyuan during Sept. 16th – 19th.
The 2nd CICEN Expo is going to take place in Taiyuan, Shanxi, as it was last year. Only this year it has grown larger, with confirmed attendance of 201 firms in over 2000 stalls as of July [...]
China National Petroleum Corp (CNPC), the country’s largest oil and gas producer, plans to cut 5 percent of its workforce over the next three years due to soaring labor costs.
CNPC General Manager Jiang Jiemin announced the planned job cuts at a recent annual meeting of company executives in Yan’an, Shaanxi province.
Tags: CNPC, oil, PetroChina, Petroleum, [...]
At the beginning of this year, some industry experts predicted that the sales growth of China’s engine sector would slow down in the first half. But the latest figures show that the sales of engines had grown rapidly, much higher than expected, reported China Auto News on Friday.
From January to June, Sinatruk sold nealy 100,000 [...]
Toyota’s auto credit division, Toyota Financial Services Corp., will boost its auto loan business in China where auto sales are growing rapidly, President Takeshi Suzuki said in a recent interview, reported Kyodo News on Sunday.
Suzuki said his Nagoya-based company, which offers loans to buyers of Toyota cars, hopes to increase the number of its outlets [...]
After terminating the contract with its former partner, the New Jersey-based vehicle importer CHAMCO (China America Cooperative), Chinese maker of pickups and SUVs Zhongxing Auto is set to explore the U.S. market by joining hands with Changan Auto, reported The Beijing News today.
A Zhongxing insider told the newspaper that Changan Group’s vice president recently visited [...]
Gas-guzzling imported luxury cars with heavy emissions are to face a possible car consumption tax rise in China, industry insiders predict.
The State Council, China’s Cabinet, held an executive meeting on Wednesday noting the significance of energy savings and made a special call on the country’s auto industry to cut back on gas consumption.
Tags: Auto, Chrysler, [...]
