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May 9, 2022
The value of China’s energy imports showed continuous growth in the first four months of 2022, despite the continuous drop of import volumes, as global prices soared caused by geopolitical uncertainty, according to official data on Monday.
March 6, 2022
President Xi Jinping has called for proactive and prudent steps to advance carbon emissions peaking and carbon neutrality initiatives, while also stressing the need to ensure the security of energy, food, and industrial and supply chains in reducing carbon emissions, according to the Xinhua News Agency.
January 25, 2022
Chinese President Xi Jinping has stressed fully grasping the urgency and arduousness of realizing the country’s goal of peaking carbon emissions by 2030 and achieving carbon neutrality by 2060, and he called for solid implementation of decisions and arrangements made by the Communist Party of China (CPC) Central Committee, the Xinhua News Agency reported on Tuesday.
December 12, 2021
Unit 6 of China National Nuclear Corporation’s (CNNC) Fuqing Nuclear Power Plant in Southeast China’s Fujian Province, the country’s second nuclear unit using Hualong One technology, a domestically developed third-generation reactor design, reached criticality for the first time on Saturday, marking its official entry into operation at power and an important step toward commissioning.
November 22, 2021
While the East Chinese city of Haiyangs adaptation of nuclear power plant residual steam - Chinas first city to do so to heat homes - has triggered certain safety concerns, experts and industry insiders have dispelled such concern in recent days, stressing that the heating process does not involve exchanging hot water or radioactive substances, and thus is ultra safe and reliable.
November 3, 2021
Just two days after Beijing imposed price controls on its coal rationing, the country is facing another crisis: gas shortage. Many stations across the country are running out of diesel due to [...]
November 2, 2021
China’s top economic planner announced on Sunday a new data system for supervising the implementation of medium- and long-term contracts of coal suppliers, as the latest government’s clampdown on market speculation and hoarding to curb tight power supplies as the winter dawns. At present, multiple testing and trial operations have been carried out on the ...
October 30, 2021
Coal prices in China have come down significantly following government intervention, but the energy crisis in China is far from over as gas stations throughout the East Asian country now face diesel shortages
October 29, 2021
Slowing nationwide power demand and coal consumption, twin barometers for economic growth, suggest the Chinese economy may be sailing into the doldrums while at the same time changing its course.Electricity use in May rose a relatively mild 5.2 percent compared to the same month last year and just 1.5 percent over April’s level to 406 billion kilowatt hours, the National
October 29, 2021
Gas stations in many parts of China are running out of diesel after supply constraints posed by the booming demand for coal transportation and factories using diesel to generate electricity to maintain production capacity, industry insiders said.