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EA raises global crude oil consumption estimates
2012-12-13 16:26
The global oil consumption will rise 0.9 percent year-on-year in 2013 to 90.6 million barrels a day, according to the latest report from the International Energy Agency.
China's coal imports to grow 48% this year
2012-12-13 16:24
China's coal imports will grow 48 percent year-on-year to about 270 million metric tons this year due to the country's increasing energy demand to support its economic development.
BNP Paribas raises stake in Bank of Nanjing
2012-12-13 16:21
BNP Paribas SA raised its stake in Bank of Nanjing by 2 percent, the Chinese lender said in a statement on Dec 8, amid reports that France's largest lender plans to boost its stake even further.
Rio Tinto sells mine to Chinese-led consortium
2012-12-12 17:46
Rio Tinto Plc has reached agreement to sell its 57.7 percent share in South Africa's Palabora Mining Co for $373 million to a consortium led by Hebei Iron and Steel Group
China's railway investment continues apace
2012-12-12 17:38
China's total railway investment over the 11 months of this year reversed 15 months of decline previously, the Ministry of Railways said.
Charity postcards to raise funds for children
2012-12-12 16:59
Shangri-La Hotels and Resorts launched charity project Postcards from the Heart, on Tuesday, which will see a collection of postcards designed by children be sold from their China businesses to benefit the 5 Colours Foundation.
Man gets 5-year sentence for fake airline threat
2012-12-12 16:38
A man was sentenced to five years imprisonment by a court in the Xinjiang Uygur autonomous region on Dec 11 for making a fake report about an airline threat.
China's solar products exports drop sharply
2012-12-12 15:50
The export volume of China's photovoltaic solar products will drop to about $13 billion this year, down 40 percent year-on-year.
Imported LNG prices rise on increased domestic demand
2012-12-12 15:40
Chinese traders turned to foreign sellers for liquid natural gas because of a domestic supply shortage, which has raised the prices of imported LNG, said Shanghai-based energy consultancy ICIS C1 Energy.
SAIC expands commercial vehicles export
2012-12-12 14:10
China's leading car manufacturer SAIC Motor Corp Ltd is gearing up to export more commercial vehicles as sluggish demand plagues the domestic market.
China firms 'don't communicate enough'
2012-12-12 13:46
Poor information flow and difficulties contacting Chinese companies after the closing of bond deals is suppressing the investment appetite of international investors.
BYD to build plant in Bulgaria
2012-12-12 13:32
China's electric-vehicle maker BYD Co Ltd signed a joint-venture agreement on Tuesday with a Bulgarian partner to build an auto assembly plant in the country.

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Geng Jiasheng, 54, a national master technician in the manufacturing industry, is busy working on improvements for a new removable environmental protection toilet, a project he has been devoted to since last year.