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| Friday, July 04, 2008 21:47:06 |
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June 14,2007
EDF (Electricite de France) purchased 3.6 million metric tons of carbon emission credits from Guangdong Nuclear Power Holdings to help the French company meets its greenhouse gas emission targets, Economic Daily reported. The credits were generated from the Chinese company’s wind power projects. The 1997 Kyoto protocol allows companies in developed economies to purchase carbon credits from developing economies to meet their emission requirements. EDF – the largest power producer in Europe – is preparing for further cooperation with Guangdong Nuclear in power generation and greenhouse gas emissions trading. China is looking to use non-carbon energies such as nuclear energy, hydropower, biomass fuels and gas to reduce its greenhouse gas emissions 950 million metric tons by 2010.
April 24,2007
Energy demand is up by 15% this year, and in the first quarter of this year China was a net importer of coal, a troubling prospect for a country concerned over dependence on foreign energy sources.
April 23,2007
The China Academy of Social Science’s latest report into China’s economy predicts a strong upward trend for domestic stock markets in 2007. As the China Securities Journal reports, the China Economy Blue Book Spring 2007 also foresees significant changes in market size, pricing and risk. Read its full report here.
April 20,2007
China’s rapid 11.1% first-quarter GDP growth doesn’t mean the economy is overheating, according to China’s National Bureau of Statistics. However, as China Business News reports, the bureau accepts that overheating is a very real risk if the economy continues on its current path. Read the full report here
April 17,2007
Despite apparent pressure to join the US case with the WTO against China, the EU will watching from the sidelines, any decision for action apparently dependent on the outcome. April 16,2007
China cannot continue its rapid growth by applying the same “energy intensive” model that worked for the world’s current developed nations. If China consumed energy like the US, it would require 4.5 billion tons of oil per year—more than the annual global supply. The government is taking measures to improve fuel efficiency, as indicated in its recently-announced Five Year Plan for Energy Development. March 27,2007
China’s largest electric power supplier, State Grid Corporation of China (SGCC), is extending its reach into the country’s financial sector with the creation of new life insurance and financial insurance subsidiaries.
February 22,2007
E-commerce is becoming more common in the advertising industry, but it is still not applied to many small but influential and widespread advertising resources, including the more than 2000 small and mid-sized city stations and web portals in China. However, some e-commerce services are beginning to pay attention to this segment.
February 14,2007
Although 2006 statistics reflect an active scene in environmental investing, input has not yet proved effective. The government plans to further strengthen input in environmentally friendly and anti-pollution infrastructure over the next five years.
January 25,2007
Alibaba has been a hottie in both media and Internet industry lately with eBay shuts down in China as it pinched by Taobao, which is followed by the news of Alibaba’s software strategy that can hurt eBay further. Alibaba Group’s Vice-president of Corporate Affairs Porter Erisman talks to Amy Cheung of The China Perspective on how e-commerce, China’s SMEs and Internet citizens create a thriving marketplace. |
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