The major mainland index picked up after Tuesday’s sharp fall to surge more than 6 percent yesterday, mainly boosted by heavyweight stocks in the energy and financial sectors.
The benchmark Shanghai Composite Index soared 6.05 percent, or 115.04 points, to finish at 2017.47, with 884 out of 961 stocks closing higher. The smaller Shenzhen Component Index [...]
China Shenhua Energy Co Ltd<601088><1088>, the nation’s largest coal producer, Friday announced that its subsidiary has inked agreement with the state government of New South Wales to get the coal exploration license in the Watermark area, sources reported.
Shenhua Watermark Coal Pty Limited, a wholly-owned subsidiary of China Shenhua Energy Co Ltd, paid A$ 299.90 million, [...]
Chinese expert has called energy industry to make appropriate investment and wait for a right time to streamline energy prices, though the international oil price has fallen below 60 US dollar per barrel.
Han Wenke, director with Energy Research Institute of the National Development and Reform Commission, said that it is the right time to stimulate [...]
The Institute of Electrical Engineering (IEE) of the Chinese Academy of Sciences has signed a memorandum of understanding (MOU) with the American National Renewable Energy Laboratory (NREL) for collaboration on the technology of photovoltaic electricity generation.
According to the MOU signed by Xiao Liye, director-general of IEE, and Dan E. Arvizu, director of NREL, the parties [...]
Energy demand in China, the world’s second-biggest oil consumer, may begin to “pick up slowly” at the end of this year or the start of 2009 because of the nation’s 4 trillion yuan ($586 billion) economic stimulus plan.
The country’s power demand will probably rebound at about the same time, Han Wenke, the head of energy [...]
Volkswagen (VW) will introduce clean-energy car to China, said Klaus-Dieter Schadewald, COO of Volkswagen Import Co., to autosina.net on November, 15.
Unveiled and offering services during the 2008 Beijing Olympics, VW clean-energy cars and commercial vehicles have quite appealed to Chinese consumers. Schadewald said VW joint ventures in China have already got such clean-energy models, while [...]
