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China will boost its support of new energy and renewable energy in 2013 and will add 10 gigawatts of solar power generation capacity. By 2015, China will have 21 million kilowatts of solar power generating capacity, up from the current 10 million kW, according to the country's 12th Five-Year Plan (2011-15) on solar energy, which was published by the National Energy Administration.
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  • By Chen Jia(China Daily)2017-12-07 07:36

    Resolving the problem of "zombie" firms can generate significant GDP gains of 0.7 to 1.2 percentage points per year for China over the next 10 to 15 years, IMF research said. Debts of the country's "zombie" companies accounted for 5 to 9 percent of its total corporate debt by 2016, according to a n...

  • (Xinhua)2017-12-04 13:33

    BEIJING — The US government's unusual step of initiating an investigation into Chinese aluminum products is sounding an alarm for healthy and stable bilateral economic relations.The US Commerce Department recently launched anti-dumping and countervailing duty investigations into Chinese common all...

  • By Honey Tsang In Hong Kong(China Daily)2017-12-01 06:18

    The HKSAR has advanced protective policies to prevent further deterioration of the marine environment. A prohibition on trawling in local waters was ordered in 2012. Five marine parks and one marine reserve have been designated since 1996, to safeguard habitats and marine species. Marine parks conta...

  • By Cao Yingying(China Daily)2017-11-29 07:12

    Zhuhai's local companies have achieved sustainable gains through investing abroad and expanding vigorously into global markets, while helping to boost the economic and social development in those countries in recent years. Setting the standard and one of the first companies to invest overseas was Gr...

  • (Xinhua)2017-11-28 15:17

    KUALA LUMPUR — China Machinery Engineering Corporation (CMEC) has been awarded a 137 million ringgit ($33 million) procurement contract, to supply material and equipment for a solar farm project in Malaysia. Malaysia's engineering, procurement, construction and commissioning (EPCC) solutions provi...

  • By Zheng Xin And Zou Shuo(China Daily)2017-11-27 08:01

    It should be feasible to scrap the subsidy support for China's wind power development by 2022 given the expected decline in generation costs from lower turbine costs and higher production yields, analysts said. Considering that turbine costs should decline further and new generation turbines should ...

  • By Zheng Xin(China Daily)2017-11-27 08:01

    There was a time when every winter, as the heating season kicked off in Beijing, my olfactory senses would recoil from the hideous odor of burnt coal in the air, especially during the night. My post-dinner strolls would turn into deep meditations on the masculine violence of technology-powered indus...

  • By Zhao Xu(China Daily)2017-11-25 07:49

    Missionaries in China from the 16th century had royal reins placed on their work 'The moment they sought help from a Chinese emperor was the moment they placed themselves in the hands of these powerful - and often equally intelligent - men. But the manipulation, if that's what you want to call it, w...

  • By Wang Zhuoqiong(China Daily)2017-11-23 07:19

    China's Consumer Confidence Index soared to a historical high of 114 points in the third quarter of this year, up two points on a quarterly basis, buoyed by improved job prospects and surging consumption power, a new study said on Tuesday.The Nielsen China consumer confidence index showed the upsurg...

  • (China Daily)2017-11-22 07:36

    A man charges an electric car at an electric-car rental service bay in Liuzhou, Guangxi province, July 31, 2017. [Photo/VCG]The development of the renewable energy sector has to push economic growth while dealing with climate change. How to reach a delicate balance between the two poses a challenge ...

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