News Updates
by Ling Li on May 3, 2007 China’s State Environmental Protection Administration (SEPA) unveiled a new transparency rule last month requiring all government environmental agencies and polluting companies to disclose important environmental information to the public. The rule will take effect in May 2008, along with a new regulation recently issued by the State Council to open up access to government information to ensure greater official transparency nationwide.
by Ling Li on February 6, 2007 The Chinese government will provide a total of 1.3 billion yuan (US$167 million) this year to help Beijing’s bus companies reduce fares to only 1 yuan (US$0.13) per ride. Passengers and students using the “smart card,” an electronic debit card for transportation, will pay even less—only 40 cents (US$0.05) and 20 cents (US$.025), respectively.
by Zijun Li on August 1, 2006 Chinese airlines reported losses of 2.57 billion RMB (US $320 million) in the first half of 2006, a decline attributed to the rise in oil prices to nearly $80 a barrel.
by Zijun Li on April 21, 2006 At a recent China-U.S. workshop on aviation fuel, experts forecasted that the demand for jet fuel in China’s booming civil aviation sector would reach 15 to 17 million tons by 2010, nearly double the record 9.3 million tons consumed in 2005.
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