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national development and reform commission

ECONOMY-FINANCE

China lowers retail oil price, marking the year biggest reduction

By Liu Yukun | chinadaily.com.cn | Updated: 2021-08-24 14:19 An employee of a gas station in Xingtai, Hebei province, operates a fuel filling facility. [Photo/Xinhua] The retail oil price in China has undergone a new round of adjustment with gasoline falling 250 yuan ($38.57) per metric ton and diesel declining 245 yuan per ton, starting from Tuesday, according to the National Development and Reform Commission.

  5 months ago ago
China lowers retail oil price, marking the year biggest reduction

ECONOMY-FINANCE

Longer coal contracts may rein in prices

By ZHENG XIN | China Daily | Updated: 2021-09-18 07:40 A thermal power plant in Nanjing, Jiangsu province. [FANG DONGXU/FOR CHINA DAILY] In China's coal sector that has been marred recently by price surges, regional authorities and related enterprises should ensure the fuel consumed by power generators and heat supplying companies is sourced under medium- and long-term contracts, a recent guideline released by the National Development and Reform Commission, the country's top economic regulator, stated.

  4 months ago ago
Longer coal contracts may rein in prices

ECONOMY-FINANCE

Land-sea corridor work in western region to shift into higher gear

By OUYANG SHIJIA | China Daily | Updated: 2021-09-03 09:29 Guoyuan Port is becoming the center of Chongqing's inland international logistics hub. [Photo/Xinhua] China will speed up the construction of a land-sea corridor in its western region over the next five years in a bid to further boost high-quality development and connectivity, the country's top economic regulator said on Thursday.

  4 months ago ago
Land-sea corridor work in western region to shift into higher gear

EDUCATION

China to launch mass entrepreneurship, innovation week

Xinhua | Updated: 2021-10-18 13:13 Graduating students search for job opportunities at a job matching fair at Tsinghua University in Beijin, on March 16, 2021. [Photo/Xinhua] BEIJING -- China will hold this year's national mass entrepreneurship and innovation week from Oct 19 to 25 to galvanize broader business development, the National Development and Reform Commission has said.

  3 months ago ago
China to launch mass entrepreneurship, innovation week

ECONOMY-FINANCE

China's tight coal supply easing, prices stabilizing: NDRC

Xinhua | Updated: 2021-11-02 15:22 A worker shovels coal on a freight train in Jiujiang, Jiangxi province. [HU GUOLIN/FOR CHINA DAILY] BEIJING -- China has seen significant improvement in its coal supply as production has significantly expanded and prices have stabilized, according to the National Development and Reform Commission (NDRC).

  2 months ago ago
China's tight coal supply easing, prices stabilizing: NDRC

ECONOMY-FINANCE

China pledges reform, opening-up of corporate credit bond market

Xinhua | Updated: 2021-08-19 16:27 The People's Bank of China. [Photo/Agencies] BEIJING - Chinese authorities have issued a guideline on promoting the reform and opening-up of the corporate credit bond market as part of efforts to spur the country's economic transformation and support the building of a new development model.

  5 months ago ago
China pledges reform, opening-up of corporate credit bond market

ECONOMY-FINANCE

Pricing of coal-fired electricity to be liberalized

By ZHENG XIN | CHINA DAILY | Updated: 2021-10-13 07:07 A busy coal dock at Ningbo Port in Zhejiang province. [China Daily] China will further liberalize pricing for electricity generated from coal, in the latest effort to ease the ongoing power shortage and deepen the sector's market-oriented pricing reform, the National Development and Reform Commission said at a news conference in Beijing on Tuesday.

  3 months ago ago
Pricing of coal-fired electricity to be liberalized

ECONOMY-FINANCE

New in-depth cooperation zone to diversify Macao's economy

By Su Zihan | chinadaily.com.cn | Updated: 2021-09-09 22:41 The establishment of the Guangdong-Macao in-depth cooperation zone has created a new development platform and opened up fresh opportunities for the moderate and diversified economic development of Macao, officials said on Thursday. A series of scientific infrastructure facilities will be set up in the zone and a catalogue of encouraged industries will be released soon, said Cong Liang, vice-chairman of the National Development and Reform Commission and vice-chairman of the office of the leading group for the development of the Guangdong-Hong Kong-Macao Greater Bay Area.

  4 months ago ago
New in-depth cooperation zone to diversify Macao's economy