China Economic ReviewPower demand in China will grow by 6 per cent a year over the next decade, according to Cambridge Energy Research Associates. According to official data, coal accounts for 70 per cent of China’s energy mix, but the research company said that increasing oil and gas use will reduce coal’s share to no less than […]
Beijing’s first rubbish-burning power plant is to be built in Gaoantun in the city’s Chaoyang district. The US-registered Golden State (Holding) Group will take a controlling stake in the US$82m venture, of which US$45m will be covered by loans provided by the Spanish government. Two furnaces and a generator with an installed capacity of 25,000kW […]
The Chinese government has decided to go ahead with the Yantai-Dalian railway ferry project in northeast China, reported China Daily. The 147km-long line will connect the southern tip of the Liaoning Peninsula and the northern end of the Shandong Peninsula. Being much shorter than existing routes, the Ministry of Railways believes the new line will […]
The Chinese government is demanding a 50 per cent cost reduction from the German consortium Transrapid International for the building of any future magnetic levitation railways in China. Insiders told the German newspaper that it would have to at least halve the cost per track kilometre if it were to stand a chance to win […]
Construction is to start this year on a 3km tunnel under the Yangtze River in Wuhan, capital of Hubei province. The Yn1.7bn project will be built by a local investment and development corporation. When complete in four years, it will be capable of handling 52,000 vehicles a day. Officials in Guangdong are conducting a feasibility […]