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release time: 2019 - 07 - 17
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Innovative tech set to be an integral part of nation's electricity generation systemConcentrated solar power generation is making tangible progress in China, with the sector set to be an integral part of the country's current power system soon, said experts.Concentrated solar power, or CSP, is a technology that uses mirrors to concentrate and reflect sunlight to drive traditional steam turbines to create energy.Last year, three major CSP demonstration projects having an installed capacity of 200 megawatts in total were put into operation. These are China's first commercial CSP demonstration plant in Delingha of Qinghai province by China General Nuclear Power Corp, a 100-megawatt plant in Dunhuang, Gansu province, by Beijing Shouhang IHW Resources Saving Technology Co Ltd, and a 50 MW plant...
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Various sectors to benefit from tax reduction that will also result in more foreign investment to tackle global downward pressureStarting next month, China's massive reduction of value-added tax will take effect, with manufacturing sector VAT dropping by 3 percentage points from the current 16 percent, to lower burdens on enterprises and boost the real economy.Transport and other sectors will pay 9 percent in VAT, instead of the current 10 percent. The measures will tackle downward economic pressure, help attract more foreign investment and upgrade the economy, experts and company management s...
发布时间: 2019 - 03 - 27
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China will fully open the manufacturing sector and treat foreign companies in the same way as their Chinese counterparts, the country's top industry regulator said on Monday.The move is part of China's broader push to pursue greater opening-up for win-win cooperation and to create a level-playing field for all players.Minister of Industry and Information Technology Miao Wei said at the China Development Forum that establishing open partnerships is one of the keys to seeking the high-quality development of manufacturing in China.'China's push to upgrade its sprawling manufacturing sector could ...
发布时间: 2019 - 03 - 26
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The Municipal Government of Shanghai looks to further increase the cross-border trading volume by announcing new measures to improve the business environment at ports.The new measures are in response to Shanghai’s water shipping ports’ need for increasing efficiency and lowering cost, and focus on optimization of cross-border trading procedures, application of more advanced technologies, service standardization and cost cut.After the implementation of simplified and paperless process, time spent on customs clearance and related procedure in imports will be shortened to four hours on average.“T...
发布时间: 2019 - 03 - 25
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