China's net coal imports are expected to jump a staggering 63 percent to more than 200 million tons in 2011, as domestic output struggles to keep pace with blazing demand, Reuters reported on Nov 30, citing Citigroup.
The Purchasing Managers Index (PMI) of China's manufacturing sector rose to 55.2 percent in November, up 0.5 percentage points from October, the China Federation of Logistics and Purchasing said Wednesday.
China sold all the aluminum ingots it offered from the state reserve at below market prices, according to the result of a tender posted on Monday on the website of the National Development and Reform Commission.
Uranium rose to the highest in more than two years after China Guangdong Nuclear Power Co agreed on long-term supply with the two largest producers, and on expectations Asia's biggest economy will boost its reactor-building targets.
Iron ore prices fixed by global miners Vale Group and Rio Tinto Group are expected to increase by 4 percent in the first quarter of 2011, according to estimates from the London-based independent price provider, The Steel Index.
China Petroleum and Chemical Corporation (Sinopec), the nation's largest oil refiner, has forecast increasing domestic demand for oil.
Chinese police have seized counterfeit money worth 2 billion yuan ($294 million) in a nationwide campaign since 2008, the Ministry of Public Security announced Monday.
China's daily crude steel production rose by 0.4 percent to 1.607 million tonnes in the middle 10 days of November, data from the China Iron & Steel Association (CISA) showed on Monday.
China's apparent consumption of crude steel is likely to reach 596 million tons this year, a year-on-year increase of 5.6 percent, according to a steel association official.
Chinese private enterprises have emerged from the doldrums of the global economic slowdown, according to the country's first private business prosperity index released Saturday.
China's top economic planner said on Friday that the country released 8.5 million tons of State-reserved grain and cooking oil from Nov 23 to 26 to ensure market supply meets the demand and to stabilize prices.
China's 77 large- and medium-sized steel mills made a total profit of more than 7 billion yuan in October, the highest monthly profit in the recent months, according to statistics released by the China Iron & Steel Association's website.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
