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SHIJIAZHUANG - Hebei province, China's leading producer of iron and steel, will continue with huge overcapacity cuts in 2020 amid an ongoing industrial upgrading, its governor Xu Qin announced Tuesday.The province plans to cut production capacity of steel and iron by 14 million tons this year, Xu said when delivering a government work report at the opening of the local legislative session.To fight overcapacity, Hebei will also cut capacity of coal by 6 million tons, carbon coke by 2 million tons and coal-fired power supply by 500,000 kW, he said.Hebei and several other regions around Beiji...
تاريخ: 2020 - 01 - 08
المشاهدات:2
BEIJING - China's chemical industry registered steady expansion in the first 11 months of 2019, official data showed.The industry's value-added output rose 4.5 percent year-on-year, 0.8 percentage points faster than the same period of 2018, according to the National Development and Reform Commission.The output of major products expanded during the period, with crude oil processing capacity increasing 6.7 percent year-on-year to 593.18 million tons, while the output of chemical fiber climbed 13.5 percent to 54.93 million tons, data from the National Bureau of Statistics showed.In Novemb...
تاريخ: 2020 - 01 - 03
المشاهدات:1
China's steel industry is entering a new development phase of slower output growth but higher quality, industry experts said.Latest data from the Ministry of Industry and Information Technology showed China's crude steel output reached 904 million metric tons over the January-November period, increasing 7 percent year-on-year-nearly 3 percentage points lower than the year-on-year crude steel output growth rate for the first half of 2019, which stood at 9.9 percent.The China Metallurgical Industry Planning and Research Institute predicted in a recent report that both China's crude s...
تاريخ: 2019 - 12 - 27
المشاهدات:3
BEIJING - China's crude oil production rose 0.9 percent year-on-year to 15.7 million tons in November, according to the National Bureau of Statistics (NBS).The growth rate was up 0.9 percentage points from the previous month, while the country's daily average output of crude oil increased 3,000 tons to 523,000 tons.In the first 11 months of the year, China's crude oil output totaled 174.95 million tons, up 1 percent from the previous year, the NBS data showed.Imports of crude oil rose 6.7 percent year-on-year to 45.74 million tons in November, while during the January-November peri...
تاريخ: 2019 - 12 - 23
المشاهدات:3
Major economic indicators performed better than expected in November, showing that the Chinese economy made progress in stability despite challenges both at home and abroad, according to the National Bureau of Statistics on Monday.The country's industrial output, an important economic indicator, increased by 6.2 percent year-on-year last month, compared with 4.7 percent for October, the NBS said.Retail sales rose by 8.0 percent year-on-year in November, compared with 7.2 percent in the previous month, the bureau said.Fixed-asset investment expanded by 5.2 percent in the first 11 months, un...
تاريخ: 2019 - 12 - 16
المشاهدات:1
BEIJING - China took a green path in power generation during the 2014-2018 period, with the continuous expansion of clean energy production, the fourth national economic census showed.In 2018, the country's power generation hit 7.1 trillion kilowatt-hours (kwh), up 31.3 percent from 2013, according to a report on the fourth economic census released by the National Bureau of Statistics Monday.The growth of power generation in China's western region led all regions in the five-year period, increasing 42.3 percent from 2013, thanks to the exploitation of clean energy and the construction ...
تاريخ: 2019 - 12 - 14
المشاهدات:4
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