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January 21, 2014

Changan bringing Eado hybrid to market in Feb 2014

The Eado hatchback will make use of the Eado’s existing 1.5L naturally aspirated engine and an electric motor to deliver fuel economy of 5.4L per 100km. Pricing likely to be in the 130,000RMB range. (China Car Times)
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January 20, 2014

China's 2013 oil demand sees slowest rise in at least 22 years

China's oil consumption in 2013 posted the slowest rise in more than two decades, data showed on Monday, as softer economic growth sliced into demand for transportation and industrial fuels such as diesel. (Reuters)
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January 17, 2014

China to become largest energy importer by 2035: BP

The annual Energy Outlook 2035 report released on Wednesday China's energy production will rise 61 percent by 2035 while consumption will grow by 71 percent. China's share in global demand rises form 22 percent to 27 percent in 2035, and its import dependence will rise from 15 percent to 20 percent. (China Daily/BP)
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January 17, 2014

China's electricity firms report profit surge

China's top five electricity companies on Thursday reported a combined net profit of 47.39 billion yuan ($7.78 billion) last year, attributing an increase in gains to lower coal prices. (China Daily)
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January 17, 2014

Number of projects certified by China’s Green Building Rating System increased in 2013

The Ministry of Housing and Urban-Rural Development (MOHURD) recently released a review of China’s star rated green building projects for 2013. There were 179 one-star project, 237 two-star projects and 102 three-star projects. Shangdong, Guangdong, Tianjin, and Hebei had the most number of approved projects in 2013. (Energy World/China Green Building Net)
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January 16, 2014

Shaanxi Coal halves fundraising target as regulator tightens scrutiny of IPOs

Shaanxi Coal Industry has slashed the target for its initial public offering by half, seeking to raise up to US$660 million, amid regulatory pressure on listing companies to ensure that the resumption of IPOs in China is not marred by unrealistic valuations. (South China Morning Post)
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January 16, 2014

China Sunergy and NewSouth Innovations partner to improve silicon wafers for solar cells

China Sunergy and the University of New South Wales, Australia (UNSW) are undertaking a five-year R&D programme to significantly improve solar wafer material quality using UNSW's advanced hydrogenation technology. The agreement with China Sunergy will be operated through NewSouth Innovations, a wholly owned subsidiary of UNSW. (PV Tech)
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January 16, 2014

Shunfeng to invest $4.1 billion in solar projects

Shunfeng Photovoltaic International, the solar manufacturer that surged 17-fold in market value last year, plans to invest about 25 billion yuan ($4.1 billion) to develop its own solar projects this year. The company currently has about 890 megawatts in operation. Most of the new projects will be ground-mounted in northwestern areas including Xinjiang, Qinghai, Gansu and Inner Mongolia. (Bloomberg)
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January 15, 2014

China to open another water diversion route

China aims to start operations of the middle route of the south-to-north water diversion project this year, the project's top regulator said Wednesday. (Global Times)
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January 15, 2014

China starts gas production offshore

State-owned China National Offshore Oil Corp. announced it started production at the Liuhua 19-5 natural gas field at the basin of the Pearl River near the South China Sea. The company said Tuesday the field should hit its peak production rate of 29 million cubic feet per day later this year. (UPI)
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