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Latest Chinese government Stories

2009-04-02 07:08:55

The Chinese government has set goals that could propel the country forward as a leader in all-electric vehicle production. China is aiming for a production capacity of 500,000 hybrid or all-electric vehicles a year by 2011, The New York Times reported Thursday. By contrast, production in the United States is predicted to reach 267,000 similarly powered vehicles per year in that time frame, said consulting firm CSM Worldwide. South Korea and Japan combined are slated to produce 1.1 million...

2009-03-29 13:31:00

BEIJING, March 29 /PRNewswire-Asia-FirstCall/ -- China Petroleum & Chemical Corporation ("Sinopec Corp." or "the Company") (HKEX: 386; NYSE: SNP; LSE: SNP; CH: 600028) today announced its annual results for year ended 31 December, 2008. Financial Highlights: -- In accordance with the PRC Accounting Standards for Business Enterprises ("ASBE"), the Company's operating income amounted to RMB 1.452 trillion, representing an increase of 20.52% over 2007. Net...

2009-03-26 07:30:00

LIAONING PROVINCE, China, March 26 /PRNewswire-FirstCall/ -- China Sun Group High-Tech Co. (OTC Bulletin Board: CSGH, "China Sun Group"), which through its wholly-owned subsidiary Dalian Xinyang High-Tech Development Co. Ltd ("DLX") has the second largest cobalt series production capacity in the People's Republic of China ("PRC"), announced today that following the successful completion of testing on its battery anode material, lithium iron phosphate, the Company is receiving rave reviews...

2009-03-11 06:19:00

WUXI, China, March 11 /PRNewswire-Asia-FirstCall/ -- WSP Holdings Limited (NYSE: WH) ("WSP Holdings" or the "Company"), a leading Chinese manufacturer of API (American Petroleum Institute) and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration, drilling and extraction ("Oil Country Tubular Goods" or "OCTG"), and other pipes and connectors, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2008....

2009-03-09 07:00:00

BEIJING, March 9 /PRNewswire-Asia/ -- Sinovac Biotech Ltd. (NYSE Alternext US: SVA), a leading developer and provider of vaccines in China, announced today that the Chinese government, led by the Ministry of Science and Technology of China, the Ministry of Finance and the State Administration of Taxation, jointly granted the Company's operating subsidiary, Sinovac Biotech Co. Ltd.(Sinovac Beijing), high-tech enterprise status. According to the Enterprise Income Tax Law of the People's...

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2009-03-03 08:44:54

Oasis says the Chinese government has canceled the British band's April gigs in Beijing and Shanghai after deeming the rockers unsuitable for Chinese audiences. Representatives from the Chinese government have revoked the performance licenses already issued for the band and ordered their shows in both Beijing and Shanghai to be immediately canceled, Oasis said in a statement issued to The Daily Telegraph. The Chinese authorities' action in canceling these shows marks a reversal of their...

2009-02-23 01:15:00

~ Taking a look back at China's NPCC Industry in 2008 and its market outlook for 2009 ~ SINGAPORE, Feb. 23 /PRNewswire/ -- Nanomaterials are widely regarded as one of the twenty-first century's key high-tech materials enjoying functional characteristics such as increased tensile strength, self-cleaning capacity, fire resistance, and others. Nano precipitated calcium carbonate (NPCC) is one of the important nano mineral materials. (Logo:...

2009-02-16 07:00:00

KAIFENG, China, Feb. 16 /PRNewswire-Asia-FirstCall/ -- China Valves Technology, Inc. (OTC Bulletin Board: CVVT) ("China Valves'' or the ''Company"), a leading metal valve manufacturer with operations in the People's Republic of China (the ''PRC''), today announced that it expects the Chinese government's recently announced plans to develop infrastructure projects and help the domestic equipment manufacturing sector to provide significant support to the domestic valve industry. In...

2009-02-09 05:55:00

NEW YORK, Feb. 9 /PRNewswire-Asia/ -- SmartHeat Inc. (Nasdaq: HEAT), (website: www.smartheatinc.com ), a market leader in China's clean technology energy savings industry, announced today that the Company has been selected by the Chinese government as one of the two main contributors in the drafting of China's national standards for the heat transfer industry. The other contributor is China Standardization Committee on Boilers and Pressure Vessels (CSCBPV), a government regulatory agency....

2009-01-26 05:55:00

NEW YORK, Jan. 26 /PRNewswire-Asia/ -- AgFeed Industries, Inc. (Nasdaq: FEED), the largest commercial hog producer and the largest premix feed company in China, today commented on a recently released Chinese central government administrative regulation that could prevent large declines in hog prices with a view toward stabilizing hog production and hog prices in order to protect the interests of hog farms. "The action taken by the Chinese government," stated Dr. Songyan Li, AgFeed's...