Economic Pulse

Eager for ethanol

2013-03-15 07:47

Tangsteel signed a cooperation framework agreement with the US industrial service company Harsco Corp to produce ethanol from converted coal gas.

Plant shutdowns likely

2013-03-15 07:47

The introduction of new industrial emission standards in China is likely to mean the shutdown of some iron and steel plants this year.

As China faces continued competition from Asian neighbors, textile and garment companies need to be more innovative in design.

The restructuring of the Ministry of Railways has so far failed to lift the prices of railway-concept shares.

Lawmakers have urged the government to cut taxes for small and medium-sized enterprises to encourage those companies to invest more in research and development and raise employees' incomes.

Jiangxi Copper Corp, China's largest copper producer, is seeking further investments and looking to expand into other resources such as rare earths.

Fixed asset investment in China's railways rose 25.7 percent year-on-year to 37.63 billion yuan ($6 billion) in the first two months of the year.

The government should establish a new Shantou special economic zone to include two more cities in Guangdong in order to attract investment and create an additional growth point for regional development, according to a proposal submitted to the 12th Chinese People's Political Consultative Conference.

Speeding up urbanization

2013-03-14 10:17

Construction of large projects in Zhanjiang will not only help drive the local economy but also speed up the urbanization process, the city's mayor said.

Construction of large-scale iron, steel and petrochemical projects in Zhanjiang of Guangdong province will begin this year, presenting a huge opportunity to boost the local economy, the city's mayor said.

The corporate progenitor of China's hybrid rice plans to break into the top 10 in the world's seed industry within next three years.

Shanghai, the Chinese mainland's best candidate to become an international financial center, is mapping out plans to revitalize the domestic financial market by giving private capital better access via a series of pilot programs.

Wenzhou needs further legislation and major policy endorsements to provide new momentum to its widely watched financial reforms, the city's mayor said on Wednesday.

A CSRC official has submitted a proposal to create standards for overseas enterprises that want to list on the mainland stock market.

The chairman of Jianghuai Automobile vowed to continue to raise the quality of its models as it targets more overseas buyers.

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