China Briefing News

China–Turkmenistan: Bilateral trade, Investment, and Future Prospects


Amid Turkmen President Serdar Berdimuhamedow’s state visit to China, we discuss China-Turkmenistan bilateral trade and investment relations.

CNOOC to Buy Canadian Oil Company in US$15 Billion Deal


By Nicholas Clement Jul. 26 – China’s third-largest oil company, the China National Offshore Oil Corporation (CNOOC), has agreed to pay US$15.1 billion in cash to acquire the Canadian oil company Nexen Inc. If this deal is successful, it will be the largest overseas takeover by a Chinese company. CNOOC is offering US$27.50 a share, […]

China Releases 12th Five-Year Plan for Energy Saving and Environmental Protection Industry


By Yao Lu Jul. 5 – To accelerate the transformation of China’s economic development model and strengthen the country’s energy saving and emission reduction efforts, China’s State Council issued “The 12th Five-Year Development Plan for the Energy Saving and Environmental Protection Industry (guofa [2012] No. 19, hereinafter referred as ‘the Plan’)” on June 16. The […]

U.S.-China Working on a Level Playing Field for Clean Energy Players


By Vivian Ni Nov. 23 – China will still attach great importance to its strategic industries, but the country also pledged to provide equal market access to both domestic and foreign clean energy suppliers, according to the U.S. Commerce Secretary John Bryson, who just met Chinese Vice Premier Wang Qishan at the two-day meeting of […]

China Renewable Energy Industry Report: Oct. 18


Oct. 18 – This is a regular series of relevant industry news from around China. Japanese scientists see huge solar potential in Himalayas According to Japanese researchers the Himalayas could become one of the hot spots for solar power development in the future. A team of researchers have found that some of the coldest and […]

China Kicks off National Resource Tax Reform


After being delayed twice, China’s resource tax reform is finally going national. Starting on November 1, crude oil and natural gas will be taxed based on sales rather than the amount of production, and coking coal as well as rare earths will be subject to higher tax rates.

China to Encourage Corporate Participation in Shale Gas Exploration


Oct. 10 – As the world’s second largest energy consumer, China is paying every effort to develop clean and unconventional energy in order to meet the needs of the country’s surging demand for energy. As such, the Chinese government has recently indicated that new incentives may be given to businesses so that they can participate […]

China Renewable Energy Industry Report: Oct. 10


Oct. 10 – This is a regular series of relevant industry news from around China. NCKU, Taiwan Generations venture into offshore wind power The National Cheng Kung University (NCKU), the Metal Industries Research and Development Center and Taiwan Generations Corp have joined hands on an offshore wind power project of up to 200-megawatt capacity. The […]

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