China Industry Report: Jan. 19

Posted by Reading Time: < 1 minute

Jan. 19 – This is a regular series of relevant industry news from around China.

Solar power

China plans to build its largest solar powerhouse connected to the grid in Qinghai’s Qaidam Basin. The construction of the 1 GW project will start in the latter part of 2009. Initially, RMB1 billion will be invested.

Air transport

Cathay Pacific Airways said that its wholly-owned subsidiary Cathay Pacific Services Limited (CPSL) inked a supplemental agreement with the Airport Authority of Hong Kong. Under the terms, CPSL can postpone the completion of its new cargo terminal for a maximum of 24 months, up to mid-2013.

This industry report brief is courtesy of Aii Data Processing.