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  • October 2, 2014
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Results 1 - 10 of 79 for state-owned enterprises

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  1. Business - China Business - ENERGY

    State-owned green firm gets World Bank ban

    Posted Jul 03rd 2013, 12:00am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com The CECEP subsidiary is shut out of contract work for two years after admitting misconduct State-owned green firm gets World Bank ban The World Bank has barred a subsidiary of a state-owned leader in energy conservation and environmental protection from work on projects financed by the lender after the company admitted to fraud. The ban on China ...

  2. Business - Commodities - ENERGY

    Gas sales growth eyed by Beijing Enterprises

    Posted Apr 01st 2014, 01:20am by Eric Ng

    ... It is building a fourth line with an annual capacity of 15 bcm. The four lines' combined capacity amounts to 50 bcm. Despite state-owned Citic Group's plan to inject essentially all its assets ... Eric Ng eric.mpng@scmp.com Distribution arm Beijing Enterprises enjoys 29.3 per cent earnings increase despite mild winter and targets growing urbanisation Beijing gas unit to speed sales ...

  3. News - China - ENERGY

    Petrochina sparks protests after tightening rules on hiring workers' children

    Posted Apr 30th 2014, 05:34pm by Angela Meng

    ... Petrochina automatically guaranteed employment for their workers’ degree-holding children. However, such recruitment policies are synonymous with state-owned enterprises, not publicly listed enterprises. Established in 1999 under the state-owned China National Petroleum Corporation, the largest energy company in China, Petrochina was listed on the New York Stock Exchange in 2000. ...

  4. Business - China Business - ENERGY

    State Grid to invite private capital to build electric-car charging stations

    Posted May 28th 2014, 01:00am by Kwong Man-ki

    ... enterprises reform. "This is in line with the government's stance to break state-owned monopolies." Zhao Xijun, a finance professor at Renmin University in Beijing, said the government ... into the state grid, marking a step forward to the opening up of the utilities segment amid state-owned sector reform. State Grid said yesterday that it would support charging services for all kinds ...

  5. Business - China Business - ENERGY

    State Grid joins queue to sell assets amid SOE reform push

    Posted Apr 05th 2014, 01:07am by RAY CHAN KEIRA HUANG

    ... Keira Lu Huang and Ray Chan State Grid joins queue to sell assets in reform push The world's largest utilities company, State Grid Corp of China, has become the latest state-owned enterprise to seek to sell off largely unprofitable assets, following mainland policymakers' call for diversification of ownership amid reform of the state-owned sector. The proposed asset ...

  6. Business - Commodities - ENERGY

    State firms seek tech help to tap China shale gas

    Posted Aug 25th 2014, 03:33am by Eric Ng, BIEN PEREZ

    ... asked to co-invest with private domestic and foreign firms as part of Beijing's state-owned enterprise reform push to make them more efficient and better governed. President Xi Jinping told ...

  7. Business - China Business - ENERGY

    Datang International’s chemical production losses widen to 1.37b yuan

    Posted Aug 28th 2014, 10:22am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Shares of Datang International Power Generation, the listed flagship of China Datang Group, one of the Big Five state-owned power generators, fell 0.47 per cent ... of its loss-making coal-to-chemicals and nascent coal-to-natural-gas operations to state-owned asset restructuring firm China Reform Corp as part of Beijing’s economic and state-sector ...

  8. News - China - ENERGY

    Coal mining 'robots' cut costs and risks but threaten jobs

    Posted Sep 23rd 2014, 03:16am by STEPHEN CHEN

    ... in a large mine owned by the Shenhua Group, the largest coal producer on the mainland. The boring technology is one of several large robotic mining machines developed by state-owned companies ...

  9. News - China - ENERGY

    China plans to be world leader in nuclear power by 2020

    Posted Sep 14th 2014, 06:34am by STEPHEN CHEN

    ... to overcome some big hurdles, including conflicts of interest among large state-owned companies, technological uncertainties in new-generation power plants and public concerns about nuclear safety. ...

  10. Business - Commodities - ENERGY

    PetroChina ready to sell more of its pipeline assets

    Posted May 13th 2014, 01:13am by Eric Ng

    ... on the mainland. Such an exchange is not a stock exchange, but a platform for state-owned companies to dispose of assets. The assets to be injected had a net asset value of 29 billion yuan at the end of last year, as audited by accountancy KPMG Huazhen. China Enterprise Appraisals estimated a net asset value of 38.95 billion yuan, based on the replacement cost method that estimates the cost ...




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