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Local debt may get solution from released national balance sheet

National Balance Sheet released from the Chinese Academy of Social Sciences showed on July 24th, 2015, by the end of 2014, local government total capacity was CNY108.2 trillion, total debt w

July 27, 2015

Pension entering into stock market will be hard to reach CNY600 billion

Not only Guangdong, Shandong has injected pension into stock as pilots, but also seven regions including Jiangsu, Zhejiang and Beijing are expected to enter the market as well.

July 24, 2015

LPG retail price in Haikou down by CNY6/bottle

According to Haikou Price Bureau, LPG in the city’s third market has been sold at CNY75/bottle since July 17th, down CNY6/bottle from June 11th.

July 23, 2015

World Bank to lend a hand to Guoxin Energy

The coal seam gas comprehensive utilization project initiated by Shanxi Provincial Guoxin Energy Development Group Co., Ltd. (hereafter referred to as Guoxin Energy) has become one of the ca

July 23, 2015

Natural gas output in H1 up 3.8% YoY

China natural gas output in H1 read 65.6 billion cubic meters, up 3.8% from the same period last year.

July 23, 2015

China’s deepest gas well in Tarim

According to a notice released by PetroChina, Keshen 902 well is 8,038m in depth and its reservoir hasn’t been reconstructed. During a test with a 5mm nozzle at the target stratum, 300,000

July 23, 2015

NDRC approved nearly CNY900 billion infrastructure projects

In first half of 2015, NDRC has approved infrastructure projects with CNY892.2 billion, released PPP projects with CNY1,970 billion, and HSBB network construction with more than CNY1,100 bil

July 21, 2015

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