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MOFCOM    09-05-21
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BEIJING, April 22 -- The outlook was mostly optimistic yesterday as China's central bank said the country has been on the path to recovery since the first quarter and Goldman Sachs joined a string of investment banks in upgrading forecasts for national economic growth. But not all experts were
MOFCOM    09-05-21
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China's government will eradicate more obsolete industrial plants in the next three years to maintain economic growth and boost industrial restructuring and upgrading, the country's top economic planner said. The government would eliminate 72 million tonnes of obsolete iron capacity and 25 mill
MOFCOM    09-05-12
China released a detailed three-year plan to stimulate its nonferrous metal industry focused on industrial restructuring and technology innovation, the State Council, or the country's Cabinet, said here on Monday. The nonferrous metal sector should keep a steady operation in 2009, and achieve a
MOFCOM    09-05-25
BEIJING, May 23-- Wang Zhenfeng felt aggrieved when he was told about overseas media reports claiming that several new cement plants were under construction in his town, Sanhe, a medium-sized city not far from Beijing. In April, the New York Times reported that new cement plants were being buil
MOFCOM    09-06-09
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China will continue its massive elimination of backward industrial facilities in 2009 to save energy and cut pollution in its bid to address climate change, according to an action plan approved by a joint meeting of the National Steering Committee for responses to climate changes and the State Co
MOFCOM    09-06-09
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BEIJING, June 5 (Xinhua) -- China will continue its massive elimination of backward industrial facilities in 2009 to save energy and cut pollution in its bid to address climate change, the government said Friday. China aims to close down small coal-burning power stations with a total generating
  Hundred venture investment institutions at home and abroad, carrying 20 billion yuan of capital gathered recently in Hefei, Anhui Province in central China held in 2009 innovation economy and corporate finance forum, trying to look for business opp
MOFCOM    09-12-08
Bank of China, the nation's third largest lender, said on Monday it would beef up efforts to optimize credit structure to avoid systemic risk and realize sustainable development. Credit structure should help promote economic res
As the country begins to phase out obsolete production methods in an economic restructuring drive, industries with overcapacity are likely to face even tougher financing terms this year. In response to the government call to cur
MOFCOM    10-05-10
        this year, with the steady rise of Ningxia economy, high energy-consuming industry operating rates to rise substantially, the new high energy projects coming into production, industrial energy consumption, fast reaction, the face of falling energy consumption of the g
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