Auto output, sales both to hit record
China's auto output and sales are both expected to hit a record 9 million units this year, said Zhang Xiaoyu, vice president of the China Machinery Industry Federation. The figure, compared with a previous prediction of 8.5 million, would enable China to reach its auto production and sales tar...
+ MoreHigh-speed trains to Shanghai on track
The long-awaited Beijing-Shanghai high-speed railway is expected to begin construction soon, Minister of Railways Liu Zhijun said yesterday. He made the announcement at a national conference on railway innovation, but did not specify a date. With a cruising speed of 300 kilometers per hou...
+ MoreRenewable energy gets a boost
The country plans to spend around one-tenth of its 2006 GDP in the next decade or so to develop renewable energy and cut greenhouse gas emissions, the top economic planner revealed yesterday. "Overall, around 2 trillion yuan (US$265 billion) of investment is needed to meet the renewable energy ...
+ MoreInnovation Upholds Ship-Making Industry of China
China's ship makers rank second in the world in terms of the number of orders they have. That's according to statistics released recently by Clarkson Research Studies, a top ship-making consultant agency in the world.Insiders say China's ship-making industry has improved its competitiveness mainly b...
+ MoreMachinery industry expected to maintain 20% annual growth
The annual growth rate of the machinery industry is expected to remain high at more than 20 percent for the consecutive years from 2003 to 2007, according to a report from today's China News Service. The industrial output, industrial added value, main business income, total profits and exports are ...
+ MoreBearing Industry in China keeps rapid growth
By the end of June of 2007, China bearing industry has maintained continuous and fast increase, said Zhang Qiaofan, President of China Bearing Industry Association. Based on the statistics from 95 of top 112 China’s bearing groups and companies in January – June of 2007, the o...
+ MoreIndustrial output of China up 18% in July
BEIJING, Aug. 15 (Xinhua) -- China's industrial output expanded by 18percent in July, the National Bureau of Statistics said Wednesday. The bureau said more than 98 percent of the industrial products were sold in July, 0.03 percentage points lower than the same ...
+ MoreChinese railway starts high-speed era
29 years ago, late Chinese leader Deng Xiaoping took a test ride on a high-speed train. After taking the train, Deng said, "The high-speed train runs as fast as wind." He added that China "should try as best as it can to catch up with other countries in making high-speed trains." His com...
+ More
