The European Chamber has announced its annual report “Best European Countries for Business 2018” where Norway is highly ranked, moving up one spot from the previous year. The research is based on two globally acclaimed rankings – the Doing Business report by the World Bank, and the Corruption Perception Index (CPI) by Transparency International.
China has led the world in new solar installations in each of the past five years, helped by guaranteed electricity prices. But the cost of subsidies has been growing unsustainably, and as manufacturers have expanded rapidly to meet demand the risk of overcapacity has grown. On May 31, National Development and Reform Commission, the Ministry […]
Two electric vehicle-sharing platforms plan to seek external funding totaling almost $730 million to fuel their growth
Two electric vehicle-sharing platforms (EVCard/Caocao Zhuanche) backed by powerful Chinese carmakers plan to seek external funding totaling almost $730 million to fuel their growth, people with direct knowledge of the plans said.
Previous Event Review: Two month ago, in June, from 12th to 15th, in order to open up business opportunities for both Norwegian offshore wind energy companies and Chinese companies, NEEC together with Norwep, brought together a Norwegian offshore wind power enterprise delegation to China for a four-day visit, including four company-visit (Beijing and Fuzhou), […]
BEIJING: Free trade talks between China and Norway should be sped up, the Chinese government’s top diplomat told his Norwegian counterpart, as the two countries continue to step up efforts to put a row over the Nobel Peace Prize behind them.
On July 31, the Ministry of Finance together with the State Administration of Taxation, the Ministry of Industry and Information Technology (MIIT) and the Ministry of Transport jointly announced that new energy vehicles (NEV) and vessels will be exempt from vehicle and vessel tax, and such tax for energy-saving vehicles will be halved. At the […]
With economic growth and strong policy support, China’s electric vehicle industry has experienced rapid growth. From 2013 to 2017, the production of electric vehicles in China increased from 18,000 in 2013 to 794,000 in 2017 at a compound growth rate of 159.4%, and the sales increased from 18,000 in 2013 to 777,000 in 2017 at […]