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HANGZHOU - The eastern Chinese city of Yiwu, home to the world's leading small commodities market, opened a new freight train route to Moscow on Tuesday.Loaded with 100 standard containers of commodities, the train is projected to arrive in Moscow in about 12 days.The China-Europe train service has developed prosperously in Yiwu since it was first launched in the city in 2014.A total of 610 million yuan ($86.85 million) of commodities were exported through the Yiwu Railway Port last year, up 61 percent year-on-year.'Now, nearly 2,000 kinds of commodities from eight Chinese provinces and cities...
Fecha: 2019 - 11 - 21
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URUMQI - Customs of the city of Urumqi, capital of Northwest China's Xinjiang Uygur autonomous region said Monday that the number of China-Europe freight trains they handled from January to October surpassed the total number of last year.Urumqi Customs saw the number of China-Europe freight trains skyrocket to 5,743 in the first 10 months this year, up 53.68 percent year-on-year.Customs authorities handled 4,386 such trains last year.The customs said those trains ran on 16 routes, departing from Chinese cities including Lianyungang in East China's Jiangsu province, the city of Zhengzhou in Cen...
Fecha: 2019 - 11 - 20
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PBOC should give 'ammunition' to support government investmentChina should put a new mechanism in place to allow the central bank to buy bonds issued by the government to supply more funds to boost growth, according to a group of researchers from a leading national think tank on Wednesday.Traditional monetary policy, even coordinated with fiscal expansion, may be not strong enough to reverse the economic slowdown. The central bank should provide 'ample ammunition' to support government investment, said Li Yang, head of the National Institution for Finance and Development (NIFD) under the Chine...
Fecha: 2019 - 11 - 14
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BEIJING -- China's installed photovoltaic (PV) capacity rose 15 percent year on year by the end of September, official data showed.Total PV installations amounted to 190.19 megawatts, with 15.99 megawatts of capacity added in the first three quarters, according to the National Energy Administration.PV power generation came in at 171.5 billion kilowatt-hours during the January-September period, up 28 percent from the same period last year.Most new installed PV capacity was located in north and northwest China, accounting for 31.8 percent and 26.9 percent of the total new PV power capacity, resp...
Fecha: 2019 - 11 - 11
Vistas:1
The 2019 Global Energy Interconnection and China-Africa Energy and Power Conference kicked off in Beijing on Wednesday, with more than 1,000 guests from over 79 countries and regions discussing key issues regarding global energy interconnection (GEI) for energy transition and sustainable development, and energy cooperation between China and African countries.The conference, lasting until Thursday and the first of its kind in the field of energy and power sector for China and Africa, aims to build a platform for China-Africa cooperation on GEI and African Energy Interconnection development.Init...
Fecha: 2019 - 11 - 09
Vistas:0
A big addition of 1 billion metric tons of oil to the geological reserves of the Qingcheng oilfield, Gansu province, will help wean China off its reliance on oil imports and safeguard the country's energy security, industry experts said.PetroChina Changqing Oilfield Company, a regional branch of China's top oil and gas producer Petro-China, announced earlier that it had discovered new geological reserves of 1 billion tons of shale oil at its Qingcheng oilfield in the Ordos Basin, among which 358 million tons had been proved.That amount is equal to almost three times the refined oil China consu...
Fecha: 2019 - 11 - 04
Vistas:0
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