China Business News

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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.