SOEs News

China's FAST Telescope under Maintenance in Guizhou Province

2021-03-30

As the world's largest and most sensitive radio telescope, FAST significantly expands the limits of human observation of the universe.

Profits of China's State Firms Rise in Jan-Feb

2021-03-30

China's State-owned enterprises (SOEs) registered robust growth in the first two months despite low base effects, the Ministry of Finance (MOF) said on March 29.

China XD Group to Join China’s First Offshore Floating Power Generation Project

2021-03-29

China XD Group Co., Ltd. (China XD Group) recently won the bidding of China’s first offshore mobile floating power generation ship.

China Strengthens Debt Control for Local SOEs

2021-03-29

China's top State-asset regulator issued a guideline on March 26 on strengthening the debt risk control of local State-owned enterprises (SOEs) to effectively prevent and defuse major risks.

CNOOC, Petronas Seek Cooperation in More Fields

2021-03-26

China National Offshore Oil Corporation (CNOOC) and Malaysia-based Petronas signed a memorandum of understanding (MOU) on strategic cooperation on March 15.

Energy Joint Venture Leads to Win-Win Results

2021-03-26

International cooperation leads to win-win results for China and its partners.

NORINCO Group to Increase Power Supply in Ethiopia

2021-03-25

Two power stations at the LOT-1 photovoltaic (PV) project in Ethiopia, built by China North Industries Group Corporation Limited (NORINCO Group), recently went into operation.

China's central SOEs Urged to Enhance Internal Capital Control, Management

2021-03-25

China's top state-asset regulator has urged the country's centrally administrated state-owned enterprises to strengthen the internal control and management of capital in a bid to forestall the risk of major capital losses.

First Overseas Hualong One Nuclear Reactor Connects to Grid

2021-03-24

The Karachi K2 generator unit in Pakistan, China's first overseas Hualong One nuclear reactor, went into operation on March 18 this year.

CASIC Delivers Central Asia's First Wanshan Commercial Vehicles

2021-03-23

China Aerospace Science and Industry Corporation Limited (CASIC) recently shipped 78 all-wheel-drive off-road commercial vehicles to Turkmenistan. It was the first order for such vehicles in Central Asia.

CSG Gears up for Achieving Carbon Neutrality

2021-03-23

China Southern Power Grid (CSG) released 21 measures to serve carbon dioxide emissions peak and carbon neutrality on March 18.

CCIC Issues China's First Green Product Certification for Solar Water Heating System

2021-03-22

China Quality Certification Centre (CQC), a subsidiary of China Certification & Inspection Group (CCIC), recently issued SUNRAIN Group with a green product certification, the first of its kind in China.