China’s Automotive Market Experiences Significant Slowdown as Policy Shifts and NEV Growth Reshape Landscape

The automotive market in China, the world’s largest, demonstrated a marked deceleration in growth during November 2017, with overall vehicle sales posting a meager 0.7 percent year-on-year increase to 2.96…

China’s Industrial Overhaul: Capacity Cuts Exceed Targets in Coal and Steel, Reshaping Global Markets

China is on track to achieve its ambitious goal of reducing coal capacity by 500 million metric tons well ahead of the originally planned three to five-year target, a testament…

BAIC Group Accelerates Transition to New Energy Vehicles, Phasing Out Conventional Fuel Cars by 2025

Beijing Automotive Group Co (BAIC Group), one of China’s leading state-owned automotive manufacturers, has unveiled an ambitious strategy to entirely phase out the production and sale of conventional fuel-powered vehicles…

China Reclaims Global Shipbuilding Leadership, Surpassing South Korea Amid Strategic Shift Towards High-Value and Green Technologies

China’s shipbuilding industry has achieved a significant milestone, ascending to the top position globally in terms of new orders received over the first eleven months of the year, effectively surpassing…

World’s Largest Floating Photovoltaic Power Station Begins Operations in Anhui, Marking a Milestone in Renewable Energy Development

The world’s largest floating photovoltaic (PV) power station has commenced operations in Anhui province, China, with a significant portion of its capacity connected to the national grid and beginning to…

China’s Arctic Energy Lifeline: Yamal LNG Boosts National Security Amidst Winter Gas Crunch

China’s annual imports from the Yamal liquefied natural gas (LNG) project in the resource-rich Arctic region are poised to significantly bolster the nation’s energy security, providing crucial and increasing supplies…