China Tag

01 Dec China’s Shenzhen Energy Signs LNG Deal With BP

Posted at 16:12 by Tracy Liu

China’s state-owned power generation firm Shenzhen Energy Group [000027:CH] signed a long-term contract with BP Singapore [0177251D:SP], a subsidiary of the British oil and gas giant BP PLC [BP:LN], to buy liquefied natural gas (LNG) and secure supplied for local gas-fired power plants, as reported...

19 Oct China Calls out 38 Apps for Violating Users’ Rights

Posted at 13:20 by Jordy Leo

China's Ministry of Industry and Information Technology (MIIT) released a list of 38 apps that infringed users’ rights, as reported by Sohu on October 13. After the MIIT recently commissioned third-party testing organizations to conduct sampling tests on the infringement of users’ rights by mobile...

13 Oct China Demands SOEs to Formulate Plans for Peaking Carbon Emissions

Posted at 13:47 by Jordy Leo

China has required central enterprises to draw up their work plans for peaking carbon emissions, push forward industry upgrading, optimize energy structure, develop and promote green and low-carbon technologies, and reduce pollution and carbon emissions, as reported by Xinhua on October 8. The State-owned Assets...

12 Oct China’s Gotion to Build USD2.36bn Plants to Manufacture Battery Materials in Michigan

Posted at 14:29 by Lexy Li

Chinese electric vehicle (EV) battery provider Gotion High-Tech [002074:CH] will spend USD2.36bn to develop a battery material production factory in Michigan to extend its footprint in North America, as reported by Caixin Glocal on October 7. According to a statement from the Michigan state government, the...

28 Sep China Approves 18 Certification Agencies for Green Bond Issuance

Posted at 17:27 by Jordy Leo

Chinese regulators designated 18 credit rating and accounting agencies as the country’s first officially approved green bond certification authorities to regulate the fast-growing market, as reported by Caixin on September 22. The Green Bond Standards Committee (GBSC), affiliated with China’s National Association of Financial Market...

21 Sep China to Issue Rules to Strengthen NEV Battery Recycling Management

Posted at 15:10 by Lexy Li

China’s Ministry of Industry and Information Technology (MIIT) will expedite the formulation of management guidelines for recycling new energy vehicle (NEV) batteries, as reported by China Daily on September 19. According to MIIT official Huang Libin, the ministry will keep looking for technical advancements in...

20 Sep China Seeks Adequate Mineral Resources for New Energy Industries

Posted at 16:24 by Jordy Leo

China will need to accelerate the exploration of key mineral resources for its new energy industries to ensure energy security while transiting to cleaner fuel sources, as reported by Caixin on September 17. According to a report from the resource & environment policy research institute...

07 Sep China Revises Law on Quality and Safety of Agricultural Products

Posted at 13:07 by Jordy Leo

China’s top legislature, the Standing Committee of the National People's Congress, passed the revised Law on Quality and Safety of Agricultural Products, as reported by Caixin on September 4. According to the revised law effective from January 1, 2023, government departments in charge of rural...

01 Sep Sinopec Puts China’s Largest CCUS Project into Operation

Posted at 12:08 by Jordy Leo

Sinopec [0386:HK], one of China’s three major state-owned oil and gas producers, has started the operation of the country’s largest carbon capture, utilization, and storage (CCUS) facility in east China, with plans to build two additional plants of similar size by 2025, as reported by...

31 Aug China, US Reach Audit Deal to Mitigate Delisting of Chinese Stocks

Posted at 15:52 by Lexy Li

The China Securities Regulatory Commission and the US Public Company Accounting Oversight Board (PCAOB) have inked an agreement for cooperation in regards to the inspection of audit documents of US-listed Chinese companies, as reported by Reuters on August 27. According to the agreement, the US...

31 Aug China Calls out 47 Apps for Violating Users’ Data Privacy Rights

Posted at 15:19 by Jordy Leo

China’s Ministry of Industry and Information Technology (MIIT) released a list of 47 apps that violate users’ rights following the latest round of security and data collection investigation, as reported by South China Morning Post on August 29. According to the document, the China app...

25 Aug Chinese Dairy Producer Maiquer Fined RMB73.2m for Unauthorized Milk Additives

Posted at 13:52 by Jordy Leo

China’s Xinjiang-based dairy producer Maiquer Group [002719:CH] has been fined RMB73.2m (USD10.7m) by local market supervision bureaus for adding propylene glycol, a mildly toxic additive, to its pure milk, as reported by Caixin Global on August 23. Previously, on June 30, a county market regulator...

24 Aug China’s Green Bond Issuance Doubles in the First Half of The Year

Posted at 17:24 by Jordy Leo

China issued USD57.8bn worth of bonds to fund climate change solutions in the first half of 2022, roughly doubling from the same period last year, as reported by Nikkei Asia on August 19. Data was published by the US-based Intercontinental Exchange (ICE) [ICE:US]. Green bond...

24 Aug China’s Steel Industry Publishes Roadmap Toward Net-Zero

Posted at 16:27 by Jordy Leo

The Steel Industry Low-Carbon Promotion Committee, led by the state-affiliated China Iron and Steel Association (CISA), published a roadmap for realizing net-zero carbon emissions for the country’s steel sector, as reported by Caixin on August 19. The roadmap proposed a dual-carbon technology pathway for the...

16 Aug China Stops Approving Small Coal Mines in Key Production Areas

Posted at 17:15 by Jordy Leo

China will phase out small and unsafe coal mines to address safety concerns, as reported by Caixin on August 11. Meanwhile, the country will continue developing large and technologically advanced coal mines to secure its energy supply. According to a work plan highlighting production safety...