• Energy Savings are Key to European Industries’ Battle With China

    Energy Savings are Key to European Industries’ Battle With China

    At an aluminium smelter in Karmoy, south-west Norway, the producer Norsk Hydro and the government are spending nearly half a billion euros to test-run electrolysis technology that it hopes will reduce its energy needs by 15 per cent.   It does not sound like much. Yet in a sector that spends up to 45 per […]

  • Norway Statkraft to Invest USD 1.2 Billion a Year in Renewables Until 2025

    Norway Statkraft to Invest USD 1.2 Billion a Year in Renewables Until 2025

    Norwegian power firm Statkraft plans to invest USD 1.2 billion a year in renewable energy from 2019 to 2025. In addition to upgrades of Nordic hydropower facilities, the state-owned company plans to reach a capacity of 6,000 megawatts (MW) in onshore wind and 2,000 MW in solar power by 2025. It said that “Statkraft also […]

  • China: New Measures to Encourage Growth of Foreign Trade

    China: New Measures to Encourage Growth of Foreign Trade

    China will roll out new measures including cutting customs clearance times, streamlining port services and improving the export tax rebate policy to increase opening-up and facilitate foreign trade, it was announced after a State Council executive meeting chaired by Premier Li Keqiang on Tuesday.

  • Chinese ODI Becomes More Rational and Balanced

    Chinese ODI Becomes More Rational and Balanced

    China remains the third largest investor in the world despite a recent decline, but a tighter screening from developed countries may prove to be a challenge for Chinese ODI (outbound direct investment), an important means for China to acquire technology and management know-how. Ministry of Commerce’s (MofCOM’s) newly released ‘China Foreign Investment Development Report’ shows […]

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