Arctic gas to ease winter shortage

China’s annual imports from the Yamal natural gas project in the resource-rich Arctic region will further secure China’s energy security with increasing supplies of the natural gas, which is currently experiencing a severe shortage especially in nort…

Massive floating power plant up and running

The world’s largest floating photovoltaic power station was connected to the grid and started generating power in Anhui province on Sunday, with the remaining capacity to be connected in May, said China Three Gorges Corp, the world’s largest hydropow…

China leads in shipbuilding

Orders for China’s rebounding shipbuilding industry reached the top place in the world in the past 11 months, surpassing its counterpart South Korea, according to an international industrial analysis agency.

Vehicle sales post meager growth in Nov

Vehicle sales posted a meager 0.7 percent year-on-year growth in China during November to 2.96 million units, according to data released by the China Association of Automobile Manufacturers on Monday.

Hainan Airlines eyes more flights to US

Hainan Airlines, China’s largest private air carrier, said it is interested in launching more China-US direct flights, as more Chinese travelers are visiting the US, further stimulating the vitality of the market.

ADB to back domestic projects

The Asian Development Bank is planning to invest in 31 projects in China from 2018 to 2020 for a total value of $6.17 billion, with about $2 billion planned for 2018, according to its newly proposed sovereign lending program.

AIIB loans $250m for Beijing coal-to-gas conversion

The Asian Infrastructure Investment Bank announced on Monday a $250 million loan for a natural gas project in Beijing, the bank’s first such investment in China, to help cut coal use and improve air quality in the capital area.

NY steals HK’s IPO crown

After two consecutive years in the top spot, Hong Kong is poised to lose its much-coveted title as the world’s leading venue for initial public offerings (IPOs) this year, following a drop in the number of blockbuster listings.