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Global renewable energy capacity rises by 8.3 pct annually for 7 years

Theglobalrenewableenergygenerationcapacityincreasedby167gigawatt(GW)toreach2,179GWbytheendof2017,representinganaverageannualgrowthof8.3percentforsevenconsecutiv

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China's steel industry improves as capacity reduction pays off

China'ssteelindustrypostedhigherpricesandbetterprofitslastyearasaresultofprogressmadeinreducingexcessivecapacity,accordingtotheMinistryofIndustryandInformationT

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China plans crackdown on oil refiners' unofficial capacity growth

China’sstateplannersaidonFridayitwilllaunchafreshcrackdownonoilrefinersthatexpandcapacitywithoutofficialapproval,thelatestsweepingmovebyBeijingtocurbunfetteredg

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China adds more solar than thermal power

WhiletheTrumpadministrationisslappingsteeptariffsonsolarpanelimports,China’sNationalEnergyAdministration(NEA)announcedWednesdaythat,forthefirsttime,thecountryad

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China to step up deleveraging in central SOEs

Chinawillchannelmoreenergyintodeleveraginginstate-ownedenterprises(SOEs)administeredbythecentralgovernmentamidimprovingcorporateperformance.AStateCouncilmeeting

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Iraq drills first well in Huwaiza oil field near Iranian border

IraqstarteddrillingthefirstwellintheHuwaizaoilfieldneartheIranianborder,whichmaycontainonebillionbarrelsinreserves,theIraqioilministrysaidonSunday.Thefieldisbei

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China's overcapacity cut not to harm global growth: spokesperson

China's overcapacity cut efforts will not generate a drag effect on the country's growth or harm the world economy, an official from the country's top economic planner said on Tuesday.

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End excess capacity and boost quality, Li tells SOEs

Premier Li Keqiang urged State-owned enterprises to remove excess production capacity and increase quality during a visit to Hubei province on Monday.

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China allocates 100 bln yuan to cut industrial capacity

China will make 100 billion yuan (15.3 billion U.S. dollars) of subsidies to steel and coal companies cutting capacity, the Ministry of Finance said Wednesday.

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China, U.S., EU differ widely in tackling steel overcapacity

According to statistics of the World Steel Association, world output of crude steel in 2015 was 1. 62 billion tons, and average capacity utilization rate 69.7 percent, 3.7 percentage points lower than the 73.4 percent in 2014, which shows that the overcapacity of the world steel sector is increasing.

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Xinjiang's new energy generating capacity to double in 2020

The installed generating capacity of new energy, including wind and solar power, in China's far western Xinjiang Uygur Autonomous Region is expected to nearly double to 43 GW by 2020, Xinjiang Grid said Monday.

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China to cut crude steel production capacity by 150 mln tonnes: premier

Chinese Premier Li Keqiang has reiterated the urgency and the government's resolve to cut excess capacity in steel and coal industries, as the country strives to restructure its economy.

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China, LatAm upgrade strategic cooperation in 2015

With 2016 declared the Year of China-Latin America Cultural Exchange, a solid foundation of public support will definitely give new impetus to the fast-growing cooperation between China and Latin America.

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China steel production capacity to peak in 2016: Fitch

China's steel production capacity is likely to peak in 2016 as capacity is eliminated, gradually outpacing additions, Fitch Ratings has predicted.

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Cambodia conducts fire-fighting exercise

Cambodia on Friday conducted a fire-fighting exercise at the complex of the capital's Olympic Stadium with an aim of enhancing the capacity of firefighters.

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Hong Kong Disneyland, Ocean Park seek further expansions

The Hong Kong Disneyland and the Ocean Park are studying further expansion plans to cope with the increasing number of visitors, according to a report released by the Hong Kong government on Friday.

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Spokeswoman: Japan's move to expand military capacity "concerning"

China on Tuesday said Japan's move to use the so-called "external threat" as an excuse to expand its military capacity raises concern and alertness.