Rail services continue to pick up speed
China's first genuinely fast locomotive capable of traveling at 300 kilometers per hour is scheduled to enter service at the end of the year, Xinhua learned from the Ministry of Railways. The CRH-3, the latest model in the country's China Railway High-speed (CRH) Series, is expected to come o...
+ MoreSteel industry expects stable prices next year
Steel mills from China, the world's largest iron ore consumer and importer, say they expect raw material prices to remain stable next year, as negotiations with major global suppliers draw near. Shen Wenrong, chairman of Shagang Group, the country's fourth-biggest steelmaker, said yesterday there ...
+ MoreHigh grade auto market sees rapid growth
The high-grade auto brand of Nissan finally came into market in July. This indicates that all the current high grade production car brands have entered domestic market. In China, the price of segmented high grade vehicle market is basically above RMB300, 000 yuan. Audi, Benz, BMW and Lexus...
+ MoreChina to expand imports of technology and equipment
China's trade surplus has grown rapidly in recent years, triggering a series of problems and contradictions. The Chinese government plans to expand imports of advanced technology and equipment to try to alleviate the excessive trade surplus, said Wei Jianguo, Vice Minister of Commerce and the...
+ MoreEnergy demand set to double by 2020
China's energy demand is likely to more than double in two decades from the current level with the nation's industrialization and urbanization drive, according to a research centre at the National Development and Reform Commission. Demand is expected to rise to 2.4-3.2 billion tons of standard coal...
+ MoreAuto sales in China, output soar 20% in first 7 months
China's motor vehicle sales and production both rose more than 20 percent in the first seven months of the year, according to figures from the China Association of Automobile Manufacturers (CAAM). Auto sales in the Jan.-July period surged 23.3 percent from a year ago to 5...
+ More2008 Shanghai International Bearing Summit Forum
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+ MoreNew Start New Stage and New Situation
China International Bearing Industry Exhibition sponsored by China Bearing Industry Association (CBIA), under the continuously warm participation and support by all of you, has gone through ten successful events. And the 11th session will be held in Shanghai Everbright Convention & Exhibition...
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