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China Telecom Flies on Shanghai Float
2021-08-23Debuting shares of China Telecom, one of the country's big three telecom operators, surged by nearly 35 percent to 6.11 yuan (94 cents) in Shanghai on Friday.
Sinopec Joint Venture Refinery Starts Operation
2021-08-20Gulei Refinery, a 50:50 joint venture between China Petrochemical Corp, or Sinopec Group, and Xuteng Investment Co Ltd from China's Taiwan, was put into operation on Aug 19, Sinopec said.
SOE Morphs into Industry Chain Expert in BRI Zones
2021-08-19CCCC will transform itself into an industry chain builder in economies participating in the Belt and Road Initiative, during the 14th Five-Year Plan period (2021-25).
Hefty tunneling machine ready for Italian railway project
2021-08-17China Railway Engineering Equipment Group announced that a recor-setting tunnel-boring machine is ready to be delivered to Italy for use in the Napoli-Bari High-Speed Railway.
Shipbuilders to See Surge in Orders This Year
2021-08-17China's shipbuilding sector will enter a high-growth period this year, driven by soaring demand of global maritime trade and many shipping groups' moves to adopt smart and green vessels, industry officials said on Aug 16.
Carbon market eyes stability in the long Run
2021-08-16Flourish, then slump, make world's largest emission system ponder future.
State Companies Ramp up Efforts in Hydrogen Power for Green Goals
2021-08-12More than one-third of centrally administered State-owned enterprises have geared up to tap China's hydrogen power development to cut emissions and achieve sustainable development, a government official said.
China Resources Land Plans More Shopping Centers in Northeast to Tap Growing Demand
2021-08-09China Resources Land Ltd, a business unit of centrally administered State-owned conglomerate China Resources Group, is planning to run more than a dozen mega integrated shopping complexes in the country's northeastern region by the end of the 14th Five-Year Plan period (2021-25).
CSCEC Jumps to 13th Place among Fortune 500 Firms
2021-08-06China State Construction Engineering Corp, or CSCEC, jumped from 18th last year to 13th on the 2021 list of Fortune 500 corporations, which was announced by Fortune magazine on Aug 2, continuing its annual rise over the past 15 years.
State Grid Grabs Second Place on Fortune's Global 500 List
2021-08-04China's State Grid ranks second on the latest version of Fortune's Global 500 list, a ranking of the world's largest companies by revenues, Fortune China reported on Aug 2.
Chinese-Built Ring Road Network Reduces Congestion in Nairobi
2021-07-29Chinese-built ring roads are reducing traffic jams in Kenya's capital city Nairobi through the development of a loop line around East Africa's largest urban center that provides alternative routes for moving around the area.
Chinese Businesses to Take Part in Global Climate Governance
2021-07-20Carbon emissions peak, carbon neutrality and building an ecological civilization will be the Chinese business community's goals when participating in global climate governance in the coming years, an executive said.
China Southern to Test IATA Travel Pass
2021-07-19China Southern Airlines, the largest air carrier of the country by fleet size, signed an agreement with the International Air Transport Association to test the IATA Travel Pass application on July 14.
New Central SOEs to be Established in Some Industries
2021-07-19China will actively cultivate and in a timely way establish new centrally-administered State-owned enterprises, or central SOEs, in certain industries to deepen the country's supply-side structural reform and support innovation-based growth, a senior government official said on July 16.
Freight Train Services to Europe Increase
2021-07-14Freight train services connecting China and Europe have been increasing significantly thanks to the expansion of capacity in China and enhanced coordination with countries along the routes.
Chinese Company Opens Wind Farm in Kazakhstan
2021-07-14SPIC will continue to provide clean, safe and economical energy worldwide.
Sinopec Starts Building Onshore Wind Power Project
2021-07-14China Petroleum and Chemical Corp, the world's largest refiner by volume, also known as Sinopec Group, started construction of the company's first onshore wind power project, the Dali distributed wind generation project, on July 13.
China Duty Free Group Forecasts Profits Surge in H1
2021-07-14China Duty Free Group Co Ltd, a State-owned enterprise operating duty-free business, expects its profits to surge in the first half of the year.
PetroChina Expects Profit Growth in H1
2021-07-08PetroChina Company Limited, a major oil and gas producer and distributor, is expected to see its profits increase in the first half of 2021, the company said in a report filed with the Shanghai Stock Exchange.
China Looks to Deeper Waters for Wind Power in Pursuit of Carbon Neutrality
2021-07-06As China's push to reach carbon neutrality by 2060 draws increased attention toward wind power, experts say moving wind farms to deeper waters could eliminate some of the challenges to offshore wind power and help expand the fleet of turbines.
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