China Petroleum and Chemical Corp (Sinopec) and Contemporary Amperex Technology Co Ltd (CATL), a leading battery maker, have signed a framework agreement on Wednesday for industrial and capital cooperation in Beijing, planning to build no fewer than 500 battery swap stations nationwide, with the future goal of jointly constructing 10,000 such stations.
China will raise the retail prices of gasoline and diesel from Thursday based on recent changes in international oil prices, the country's top economic planner said on Wednesday.
From January to February, state-owned enterprises (SOEs) under the supervision of the State-owned Assets Supervision and Administration Commission of Guangxi Zhuang Autonomous Region (Guangxi SASAC) recorded profits of nearly 2.3 billion yuan ($316.5 million), a 57 percent increase year-on-year. Total investment reached 22.4 billion yuan, up 30 percent year-on-year, with 2.8 billion yuan allocated to emerging industries, an 83.6 percent increase year-on-year.
The Commercial Aircraft Corporation of China, Ltd. (COMAC) entered a new market on Sunday, with the first delivery of a C909 aircraft to Laos.
China launched four experimental satellites into space on Saturday, the China Aerospace Science and Technology Corp said.
The Maerdang Hydropower Station on the upper reaches of the Yellow River in Qinghai Province has generated 3.5 billion kWh of electricity since its first unit was connected to the grid one year ago.
The vessel Fuxing 9, carrying 20,000 tons of coal, has berthed at Berth 11 of the Shimen’ao Operation Area in Meizhou Bay’s Xiuyu Port, marking a major milestone for Fujian Ganghang Construction Company. The event signifies the official commissioning of the first deep-water bulk cargo berth under its subsidiary, Fujian Shimen’ao Port Construction and Development Co., Ltd.
The 750-kilovatt Jinta Power Transmission and Transformation Project, located in Jiuquan, Gansu Province, has begun operations, laying a solid foundation for integrating and transmitting electricity from the region’s large-scale renewable energy bases.