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Manufacturing

China plans to take lead in new-energy vehicles

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By David Cao
David Cao
08 April 2011
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Shanghai Auto Group Concept Pure E Model

China will launch a development plan in energy-saving and the new-energy vehicle industry to make the country a leader in the sector over the next 10 years, with government funding of 100 billion yuan ($15.28 billion).

The long-expected plan, jointly drafted by the Ministry of Industry and Information Technology (MIIT), the Ministry of Science and Technology, the Ministry of Finance, and the National Development and Reform Commission, has been submitted to the State Council for final approval, said Su Bo, vice-minister of the MIIT.

According to the draft plan, which has a specific focus on hybrid and pure-electric vehicles, China is aiming for the top position in the global new-energy vehicle sector with sales volumes of 5 million units by 2020, as the government plans to invest in core technologies to build a strong and competitive new-energy vehicle industry chain.

The draft plan also said that during the country's 12th Five-Year Plan (2011-2015), China aims to have a production capability of 1 million new-energy vehicles, with pure-electric and plug-in hybrid vehicles accounting for 50 percent.

Read more: China plans to take lead in new-energy vehicles

China Chang'e-2 Satellite Ends Mission

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By David Cao
David Cao
02 April 2011
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Chang'e Satellite

China's second lunar satellite, the Chang'e-2, has been safely operating for 180 days as of April 1, and has reached its six-month designed life, according to the State Administration of Science, Technology and Industry for National Defense (SASTIND).

Read more: China Chang'e-2 Satellite Ends Mission

China Armed Helicopter WZ10 Spy Photos

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By David Cao
David Cao
24 January 2011
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A series of photo released online shows that the PLA have new Armed Helicopter - WZ10. The WZ10 is not a concept or design on paper, it fly in the air now.

China wz10

Read more: China Armed Helicopter WZ10 Spy Photos

BYD Scrambles to Redesign Electric Car

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By David Cao
David Cao
12 January 2011
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Chinese battery and automobile producer BYD Co. is scrambling to make a last-minute design change to its all-electric battery car and is now aiming to make the car available to private buyers in California and possibly a few other "key U.S. states" by 2012 after test marketing the car in Southern California during the second half of this year, said company Chairman and founder Wang Chuanfu in an interview.

The redesign of the car—called the e6—even before it is launched in the U.S. comes as a result of BYD's decision to improve the car's rear seating area and means the U.S. test marketing and launch of the electric car would be delayed, in the end, by about a year.

The company was aiming to begin the test marketing in California during the second half of last year. The e6 debuted in China last March as taxis in Shenzhen.

Though BYD is more known for its ambition in electric cars, the home-grown Chinese company sells mostly gasoline-fueled vehicles in China and is one of that country's top auto brands, with sales of more than 500,000 vehicles last year.

Read more: BYD Scrambles to Redesign Electric Car

China's recent claim of a nuclear-power breakthrough is no piece of (yellow) cake

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By David Cao
David Cao
07 January 2011
Hits: 1734

When China announced that one of its government companies had figured out how to reprocess spent uranium, it was with no small amount of fanfare.

The development was billed as a breakthrough that could save the nation the cost of importing uranium (known as yellowcake in its semi-processed form) and allow it to sidestep troublesome storage of radioactive waste material. “With the new technology, China’s existing detected uranium resources can be used for 3,000 years,” state-run China Central Television gushed on Monday when it delivered the news of the claimed breakthrough by China National Nuclear Corp. “Nuclear fuel feat to solve uranium shortage,” read a front page headline in the next day’s China Daily.

Foreign analysts were less excited. And the market seemed positively unconvinced: Uranium prices moved higher, not lower as would be expected if the largest future consumer had rid itself of the need to buy fresh supplies.

Actually, China National Nuclear made clear in a brief announcement (in Chinese), dated Dec. 22 and posted to its website, that the reprocessing claim is based on a very small pilot project, an experiment.

Read more: China's recent claim of a nuclear-power breakthrough is no piece of (yellow) cake

More Articles …

  1. Chinese Stealth Fighter J-X / J-XX / J-20 Gallery and Specifications
  2. Great Wall Hover M3 roll off line in 1st season 2011
  3. Brilliance Auto New A4 Spy-shots
  4. New China Helicopter AC311 Gallery
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Page 35 of 60

Banking

  • China's Gold VAT trade reform aims to tax free for investment
  • China's digital RMB transactions top 14.2 trillion yuan
  • Renminbi asset appeal spurs dim sum bond market
  • UnionPay International Expands European Footprint with Strategic Partnerships and Enhanced Payment Network
  • China T-bond move seen safeguarding financial stability

Business China

  • Spring Festival Returns Ignite Service Consumption in Small Cities: Leisure and Entertainment Orders Up Nearly 30%
  • China's Auto Output and Sales Hit New Highs in 2025
  • China's record-breaking 45-trillion-yuan foreign trade volume in 2025
  • Tesla overtaken by BYD in global EV sales in 2025
  • China Daily's 'Shopping in China' platform appeals to intl audiences

Real Estate

  • 21 Chinese cities tighten Real Estate Policy
  • LANZHOU NEW AREA new ghost town in China
  • Chinese invest $110 billion in US real estate
  • China's listed real estate companies post $461b of inventories for 2015
  • Beijing eases restrictions on foreigners buying apartments

Society

  • China NIA: Average daily inbound and outbound passenger volume to increase 14.1% during Chinese New Year
  • China U23 team's historic breakthrough
  • China's New railway timetable enhanced connectivity nationwide
  • Yiwu's Factory flaw “sad horse" toys go viral on Chinese Internet
  • From plateau to hard drives: documentary tests NAS technology

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