Posts Tagged ‘State Council’

Huaneng Group Builds Solar Power Project, Starts Wind Farm

December 10th, 2008

By Wang Ying
Dec. 10 (Bloomberg) — China Huaneng Group started building the nation’s biggest solar power plant at a cost of 9.1 billion yuan ($1.3 billion) and began operating a wind farm with Hongkong Electric Group.
The company plans to begin operating a 166-megawatt solar project in the southern province of Yunnan in 2010, China Huaneng, [...]

China Spends at Least $27 Billion on Energy Projects

November 12th, 2008

By Wang Ying
Nov. 12 (Bloomberg) — China, the world’s second-biggest oil consumer, will spend at least 188.5 billion yuan ($27 billion) to build six energy projects including a natural gas link and nuclear power plants to spur economic expansion.
The State Council, or Cabinet, today approved the Ningxia- Shenzhen-Hong Kong section of its second West-East gas [...]

China’s $586 Billion Spending Plan Boosts Stocks, Metals, Oil

November 10th, 2008

By Li Yanping and Chia-Peck Wong
Nov. 10 (Bloomberg) — China, the biggest contributor to world growth, unveiled a 4 trillion yuan ($586 billion) plan to sustain its economy, spurring gains in stocks, metals and oil.
China’s cabinet pledged “fast and heavy-handed investment” in housing and infrastructure through 2010 and a “relatively loose” monetary policy, according to [...]

Chinese Delegation to Return Home from Sudan with Rescued Workers

November 5th, 2008

Xinhua News Agency Tuesday, November 04, 2008
A Chinese government delegation, escorting four rescued Chinese oil workers and the remains of another five who were killed by Sudanese militants after being kidnapped, have left Sudan and will return to China on Nov. 5.
The Sudanese government held a send-off ceremony for [...]