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China has taken a leading role in utilizing many green technologies and is expected to be a major market for carbon capture and storage technologies, said industry leaders. Both research institutes and companies have shown great enthusiasm for the
China's leading power company Huaneng said on Monday that it would spend more than 100 billion yuan ($15 billion) in the far west Xinjiang region for energy exploration during the next ten years. China Huaneng Group signed an agreement with the
China has begun constructing a large nuclear power plant in southern Hainan province. The construction of the plant started Sunday in Changjiang County of Hainan province with an estimated investment of 19 billion Yuan ($2.78 billion), Xinhua news
Property trading in Beijing in the first two weeks of this year slumped, following a string of government moves to curb soaring real estate prices. When it comes to stock trading, age does not necessarily equal wisdom. At just 18 years old, Liang
Foreign direct investment (FDI) to China more than doubled in December, in the latest sign of economic recovery in the world's fastest-growing economy.
China could end up becoming simply a low-cost manufacturing base, not a source of innovation. Worse, its drive to cut costs could stifle innovation overseas. And Beijing has a long way to go to reducing China's carbon footprint. For each out-of-date
World Bank welcomes new economic order from the ashes of crisis • China and India set to become established global powers • Euro and renminbi tipped to join dollar as reserve currencies • Other developing economies predicted to flourish in recovery
Mr Immelt said government’s key role was setting standards to create an environment in which innovation can flourish. Businesses must adapt to those standards, he added. “Government shouldn’t pick technology,” he said. “What they should do is set a
Duke Energy was set to sign an agreement today in Beijing with China's largest power company, in what is believed to be the first technology-exchange pact between electric utilities of the two countries. Charlotte-based Duke, the third-largest U.S.
China's five major power-generating companies suffered from losses caused by high coal prices in January after losing money in 2008 for the same reason, reported Saturday's China Daily. The five companies, China Huaneng Group, China Datang Corp.,