BizChina News

Expert backs energy pricing mechanism

Professor Xiao Geng from Brookings Tsinghua Center in Beijing has also backed an energy pricing mechanism. He says China´s long-standing policy for low energy pricing needs to be fine tuned.

Expert: Energy prices to see further increase

Earlier we talked with Professor Xiao Geng from the Brookings Tsinghua Center. He says the hike in non-residential electricity prices will not add pressure to the PPI or the CPI in the near term. But he says in the long run, China´s energy prices will see further increases.

Chinese shoe makers welcome EU decision

The EU panel´s decision has been welcomed as good news for Chinese shoe makers. They hope it will mark the beginning of a recovery for Chinese footwear exports to Europe.

No price reforms for natural gas

The head of the price department of the National Development and Reform Commission says China will not change the price of natural gas by the end of this year.