Local commentators discuss the state oil firm’s announcement that it will permit private investment in its distribution networks.
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11 Sep 2014
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Local commentators discuss the state oil firm’s announcement that it will permit private investment in its distribution networks.
DANWEI – Chinese media reported this week that cuts to incentives for new energy auto manufacturers and consumers will be moderated in 2014/15, and rumors have it that a Foxconn subsidiary will supply LCD panels to Tesla. In the Mai-Mai Index we compare mentions of Japanese auto brands with calls for a boycott of Japanese goods on Chinese social media in the first six weeks of 2014.
DANWEI – Corruption investigations are still sending chills through petrochemical and pharmaceutical companies in China, but some companies are doing better, like the Hong Kong-listed United Laboratories, which is boasting of its products’ inclusion in the government list of drugs that can be reimbursed. This week’s Danwei Bulletin also looks at China’s struggling online dating companies, good news at China Southern Rail and BYD, and more. In this week’s Mai-Mai Index, Weibo buying chatter on clothes and shoes are bucking the general downward trend.
The new set of policy priorities for Xi Jinping’s administration, increasing public discontent, and the diminishing importance of the industrial sector to China’s economy, makes us cautiously optimistic that the drive to tackle pollution could gain momentum this year.
The Chinese government has heeded calls for more rigorous fuel standards in order to help combat China’s chronic air pollution.
Energy industry experts assess the implications of a series of reforms to China’s coal industry
Political support appears to be growing for the full liberalisation of coal prices, especially as they remain depressed, enabling the government to liberalise coal prices in the near-term while gradually moving towards electricity price reform in the future.
The announcement by a state-owned nuclear power plant that it is seeking to list on domestic stock markets has heightened speculation that Beijing is poised to resume the approval of new nuclear power plants that have been suspended since the Fukushima disaster in March 2011
ConocoPhillips and CNOOC have come under fire for their tardy and opaque response to the recent oil spill.
Power shortages are set to continue into the summer months unless the government hikes retail electricity prices or significantly boosts feed-in tariffs.
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