The monthly power consumption quota for each home will be set by local governments, as the central government will not give a uniform standard, Cao Changqing, head of the National Development and Reform Commission (NDRC)'s department of price said Sunday. Cao made the statement in response to pre...
An official from the National Development and Reform Commission (NDRC) said Wednesday that China is expected to achieve the target of cutting the energy consumption of per unit of gross domestic product (GDP) by 20 percent by 2015. Ma Liqiang, deputy secretary general of the NDRC made the announc...
An official from the National Development and Reform Commission (NDRC) stated that the four trilllion yuan stimulus package that the government launched November last year will not crowd out private investment, when speaking about the stimulus package's performance Tuesday. The central government...
The National Development and Reform Commission (NDRC) published a research report of 36 large and medium-sized Chinese cities last week, saying that the price of domestically-made cars would decrease slightly, while imported ones would increase, but be stable. The report predicts car prices will ...
National Development and Reform Commission (NDRC) yesterday slashed fuel prices by 220 yuan ($32.21) per ton, while gasoline prices went down to 6,510 yuan ($953.02) per ton, and diesel stood at 5,770 yuan ($844.69) per ton. According to the new prices set to be in place today, the price for gaso...
OZ Minerals Ltd, Australia's third largest diversified mining company, has announced that China's National Development and Reform Commission (NDRC) has given approval for the state-owned China Minmetals Corp to buy some of its assets for US$1.21 billion.OZ Minerals also said in a statement that Minmetals...
The National Development and Reform Commission (NDRC), China's top economic planner, has submitted a scheme of linking natural gas and oil prices to the State Council for possible approval, the Shanghai Securities News reported, citing an insider close to the situation as saying. The price of natural...
The National Development and Reform Commission (NDRC) approved the plans for a wind power plant in Jiuquan, Gansu Province, which will have a capacity of 3.8 million kw, sources reported.The wind power project, which mainly comprises 18 wind power stations each with a capacity of 200,000 kw and two wind...
The price of vehicles both made in China and imported from overseas continued to decrease slightly last month, and is expected to continue dropping by year end, according to the Beijing News, citing data collected from 36 cities nationwide. Released last week by the National Development and Refor...
China will provide loan interest subsidies to encourage the importation of raw materials such as concentrates and ores of metals such as copper, nickel, lead, zinc, uranium and chromium, as well as clean energy equipment such as solar and nuclear power components, the National Development and...