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China unveils more details on truck subsidies

Guangzhou (JLC), August 5, 2024 – The Ministry of Transport and the Ministry of Finance jointly released on July 30 a new notice that provided more details on truck scrapping and replacement subsidies

08-05-2024 18:28:44

China allocates CNY11 billion for car trade-in subsidy

Guangzhou (JLC), June 12, 2024 – China has allocated about CNY11.20 billion (USD1.58 billion) as the 2024 annual subsidy for car trade-ins.

06-12-2024 18:59:14

Sinopec subsidiary sells 1.9 mln mt of B5 biodiesel since 2017

Guangzhou (JLC), June 15, 2023 – Sinopec Shanghai Oil Products Company has sold more than 1.9 million mt of B5 biodiesel since 2017, its parent Sinopec said on June 12.

06-15-2023 18:32:43

Liaohe Petchem still tops PetroChina subsidiaries by LSFO exports

Guangzhou (JLC), September 8, 2022--Liaohe Petrochemical in northeast China has remained on top among PetroChina subsidiaries regarding the exports of low-sulfur fuel oil.

09-08-2022 18:17:38

China prepares to subsidize refiners amid sky-high crude prices

Guangzhou (JLC), June 29, 2022--China has lately released a notice about getting ready to subsidize oil companies as international crude prices hover close the ceiling that will trigger the subsidy.

06-29-2022 18:05:42

Xinhua News Agency subsidiary thanks JLC for its contribution

China Economic Information Service (CEIS), which is directly under Xinhua News Agency, wrote JLC a thank-you letter on January 21 for the company’s contribution and support in 2021.

01-25-2022 18:25:52

Qingdao Sentury Tire founds new subsidiary in Spain

Qingdao Sentury Tire recently registered and established a subsidiary in Spain, and obtained relevant certificates from the Spanish competent authority.

08-11-2021 15:55:59

US’s initial ruling of anti-subsidy review for China’s TBR tires

The US Department of Commerce issued an announcement on June 23 to make the initial ruling of the first administrative review of anti-subsidy investigation for truck and bus radial (TBR) tires originating in China.

06-30-2021 10:43:32

US’s anti-dumping & anti-subsidy taxes on imported tires

This year's final ruling results were generally better than last year's preliminary ruling results amid periodical supply gap in the US.

05-26-2021 17:04:21

Shandong Qingyuan's subsidiary starts up new delayed coker

Shandong-based Qingyuan Group’s subsidiary Fangyu Lubricating Oil started up a 1.40 mln mt/yr delayed coker successfully on January 7, 2021, Qingyuan announced.

01-08-2021 18:16:42

US publishes anti-dumping & anti-subsidy tax rate on Chinese tires

On April 17, the US Department of Commerce released the final results of the third annual administrative review of anti-dumping and anti-subsidy measures on China’s passenger car and light truck tires.

04-21-2020 17:36:10

COGPNC gets 21 subsidiaries of Chinese oil giants

Beijing (JLC), April 7, 2020--A total of 21 subsidiaries of Sinopec, PetroChina and CNOOC have been transferred to China Oil & Gas Piping Network Corporation (COGPNC), market sources said on April 7

04-07-2020 15:38:53

Substitutes’ tire exports to EU rise on additional duties on China’s tires

The tire exports to Europe and the US in substitute countries showed a great increase in 2019 due to anti-dumping and anti-subsidy tariffs on China’s tires.

03-18-2020 12:35:06

Trucked LNG sales at Dalian receiving terminal increase substantially in Nov-Dec

Beijing (JLC), January 2, 2020-- With the rapid increase of natural gas consumption in Northeast China, trucked LNG sales volume at Dalian LNG receiving terminal in November and December 2019 greatly increased compared with the same period in 2018, JLC data shows

01-02-2020 17:35:52

PetroChina pushes subsidiaries to export more gasoline

PetroChina started to give underlying companies subsidies for exporting gasoline each month as the domestic supply glut is worsening amid increased production.

07-04-2019 15:50:54

Negative effects from subsidy cut in car market

The subsidy cut for purchasing new-energy vehicles is likely to bring about some negative mentalities in the market. It is predicted that the sales of new-energy vehicle can hardly improve greatly in 2019.

04-04-2019 16:18:38

U.S. government officially publishes anti-dumping and anti-subsidy order

According to China Rubber Industry Association, U.S. Department of Commerce published anti-dumping and anti-subsidy duty order for China’s tires used by trucks and passenger cars in “Federal Register” on February 15, 2019.

02-20-2019 09:45:17

China to subsidize vehicles to boost consumption

China plans to subsidize vehicles under certain conditions to promote consumption, according to a plan by the National Development and Reform Commission (NDRC) and nine other Chinese departments on January 28.

01-30-2019 18:03:49

EU announced the final decision on anti-subsidy investigation

The European Commission has officially released the final ruling on the anti-subsidy case against Chinese truck and bus tires, following the final anti-dumping ruling on October 22. The case come to a close after more than a year.

11-28-2018 08:24:03

Sinopec may subsidize marketing companies

Sinopec may subsidize its marketing companies by lowering internal ex-refinery prices to boost the profit in the sales sector, according to sources from the company.

09-10-2018 17:41:19

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