Heavy Industry @ The China Perspective

June 14, 2007

By STAFF EDITOR

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.

Rubbish truck factory to be built in Qingdao

By STAFF EDITOR

Japanese Fuji Heavy Industries and China International Marine Containers will establish a factory in Qingdao, Shandong province, to make rubbish trucks. Three shareholders will invest US$18 billion in the factory, with China International taking a 51% stake, Fuji Heavy 29% and Sumitomo Corp of Japan 18%. Demand for rubbish trucks and other sanitation infrastructure is escalating in China as urbanization takes hold. Fuji Heavy is trying to double its sales of rubbish trucks in China to 10,000 units in 2011.

May 30, 2007

Mainland miners unsuccessful offshore forays

By AMY CHEUNG

Chinese companies are looking offshore to meet the country’s voracious appetite for natural resources. As China Business News reports, they are meeting with more failure than success. Consolidation and greater government support is needed.

May 11, 2007

China accelerates new-energy auto development

By AMY CHEUNG

National Development and Reform Commission (NDRC) has recently completed its public consultation on the regulations over new energy-automotive production threshold. While this set of regulations encourage corporate efforts to research, develop and produce new-energy vehicles, it also lay strict entry threshold for such production. Industry analysts said this shows regulatory’s intention to direct industry discipline and development by standardizing production and raising entrance threshold, Economic Information Daily reported.

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Today’s Daily Briefs E-Mail

	June 14, 2007 EDF buys Chinese emission credits By STAFF EDITOR 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. Rubbish truck factory to be built in Qingdao By STAFF EDITOR Japanese Fuji Heavy Industries and China International Marine Containers will establish a factory in Qingdao, Shandong province, to make rubbish trucks. Three shareholders will invest US$18 billion in the factory, with China International taking a 51% stake, Fuji Heavy 29% and Sumitomo Corp of Japan 18%. Demand for rubbish trucks and other sanitation infrastructure is escalating in China as urbanization takes hold. Fuji Heavy is trying to double its sales of rubbish trucks in China to 10,000 units in 2011. May 30, 2007 Mainland miners unsuccessful offshore forays By AMY CHEUNG Chinese companies are looking offshore to meet the country’s voracious appetite for natural resources. As China Business News reports, they are meeting with more failure than success. Consolidation and greater government support is needed. May 11, 2007 China accelerates new-energy auto development By AMY CHEUNG National Development and Reform Commission (NDRC) has recently completed its public consultation on the regulations over new energy-automotive production threshold. While this set of regulations encourage corporate efforts to research, develop and produce new-energy vehicles, it also lay strict entry threshold for such production. Industry analysts said this shows regulatory’s intention to direct industry discipline and development by standardizing production and raising entrance threshold, Economic Information Daily reported. Prev 40 41 42 43 44 45 46 47 48 49 Next	Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. MOST POPULAR China Central Bank in need of a cash infusion, RMB appreciation to pause Garment makers targeting domestic market outperform exporters Poly Real Estate revenues up 25% YTD Shenyang’s Tiexi district targets alternative energy sector 40% of Chinese private firms target overseas expansion: HSBC BMW to build 2nd plant on mainland Wuhan Optical Valley sets sights on global influence by 2020 XEMC Windpower inks US$46m deal with Datang Power Generation Haima to build 2 150,000-vehicle plants Paper makers team up on eco-friendly plant Go to Complete List >

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