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Central SOEs invest 840 billion yuan in key emerging industries

China s central SOEs (state-owned enterprises) invested more than 840 billion yuan ($115 billion) in key emerging industries, including mobile telecom, artificial intelligence (AI), biotechnology and new materials, in the first eight months of 2023, up by 30 percent year-on-year, the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) said on Wednesday.

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China Slashes Coal Import Tax to Zero; Move to Have Little Impact on Import Volumes, Analyst Says

China Slashes Coal Import Tax to Zero; Move to Have Little Impact on Import Volumes, Analyst Says
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China to Add 455 GW of Solar, Wind Power via Northern Projects by 2030

China to Add 455 GW of Solar, Wind Power via Northern Projects by 2030
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Policy unveiled set to advance carbon goals

China unveiled a master working guideline on Sunday that aims to elevate energy efficiency to an advanced international level and lift non-fossil energy consumption to over 80 percent of the whole by 2060.

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S&P Dow Jones to Remove Chinese Oil Giant CNOOC Due to US Sanctions

Reuters Your browser does not support the audio element. S&P Dow Jones Indices LLC said late on Jan. 13 it will remove oil giant China National Offshore Oil Corp. s (CNOOC) securities due to U.S. sanctions. The securities (CNOOC Ltd. ADR and CNOOC Ltd. H Shares) will be removed from impacted indices on or before February 1, 2021, S&P Dow Jones Indices said in a statement. In early December, the Trump administration added CNOOC to a blacklist of alleged Chinese military companies, drawing condemnation from Beijing as President-elect Joe Biden prepares to take office. The Department of Defense designated a total of four additional companies on Dec. 3 as owned or controlled by the Chinese military, including China s top chipmaker SMIC, China Construction Technology Co. Ltd. and China International Engineering Consulting Corp.

Joe bidenSp dow jonesChina national offshore oil corpDepartment of defenseChina construction technology coSp dow jones indicesChina international engineering consulting corpChina national offshore oilPresident elect joe bidenChina construction technologyChina international engineering consultingPublic capitalஓஹோ பிடென்ஸ்ப் டோ ஜோன்ஸ்சீனா தேசிய கடல் எண்ணெய் கார்ப்துறை ஆஃப் பாதுகாப்பு