National Development and Reform Commission : Chinatopix

Home > National Development and Reform Commission

National Development and Reform Commission

China Starts to Shakes Up Its Millennial-Old Salt Monopoly

China Starts to Shake Up Millennial-Old Salt Monopoly

Jan 04, 2017 01:13 AM EST

China has started to shake up its millennial-old salt monopoly by releasing a new regulations effective this year that allows producers to set prices and sell directly to the market.

The government pays these generators for electricity produced by them.

China to Slash Subsidies for Solar and Wind Power Projects

S. Rina |

Dec 28, 2016 02:11 AM EST

China is planning to slash its solar and wind power subsidies to account for fall in project costs. The government pays these generators for electricity produced by them. However, due to fall in the overall costs related to these projects, the government has decided to take the new step.

China is planning to control its coal production in order to contain environmental pollution in the country.

China to Slash Coal and Steel Capacity in 2016

Rina S. |

Jun 27, 2016 02:31 PM EDT

China is planning to cut its coal production to contain environmental pollution in the country. It is also looking to weed out 'zombie' companies operating in the main polluting industries.

China Unveils Three-Year Plan to Fuel Artificial Intelligence Growth

Sami Ghanmi |

May 25, 2016 11:42 AM EDT

China's National Development and Reform Commission (NDRC) has announced a three-year guidance program in which the country plans to increase the advancement of the nation's artificial intelligence (AI) sector.

Pharmaceutical Companies Fined for Monopolizing Allopurinol

Mia Ren |

Jan 29, 2016 10:41 AM EST

The National Development and Reform Commission (NDRC) learned that five Chinese pharmaceutical companies have been conspiring to fix the price of allopurinol.

China to Launch Marine Nuclear Propulsion Reactor by 2020

Charissa Echavez |

Jan 16, 2016 08:34 AM EST

China is planning to create a marine nuclear propulsion reactor by 2020. The ACPR505 project became part of the Chinese energy industry's 13th Five-Year Plan after gaining the approval of the National Development and Reform Commission (NDRC).

China, Japan Compete to Lead the First High-Speed Railway Construction in Indonesia

Eana Maniebo |

Aug 13, 2015 08:17 AM EDT

Indonesia's plan to construct its very own high-speed railway system has attracted separate offers from Asia's largest infrastructure giants, China and Japan.

China to Develop More Industrial Parks to Spur Socio-Economic Growth

Garima Vohra |

Jul 10, 2015 11:35 AM EDT

In a bid to drive the economy at the desired rate, China has decided to develop approximately 60 zones for promoting industrial urbanization.

Liu Tienan Jailed for Life, Brought Down by Mistress

Michael A. Katz |

Dec 10, 2014 06:08 PM EST

China sentenced the former deputy chief of the country's top economic planning body to life in prison for accepting bribes of 35.58 million yuan ($5.8 million) over a span of 10 years.

China to Develop Offshore Nuclear Power

Michael A. Katz |

Dec 05, 2014 03:11 PM EST

China has announced a major nuclear power development initiative to construct offshore nuclear power projects.

China To Launch Carbon Market In 2016

Staff Reporter |

Sep 01, 2014 05:58 AM EDT

China is set to launch its own market for carbon permits in 2016, a Chinese government official said Sunday.

Officials May Soon Impose Fines on Automakers for Alleged Monopoly Practices

Chrysler, Audi to Be Punished By Chinese Government for Alleged Monopoly Activities

Staff Reporter |

Aug 07, 2014 12:01 AM EDT

Automakers in China may soon face 10 percent revenue penalties by the Chinese government, in an effort to reduce and eliminate anti-monopoly activities. A spokesman for the National Development and Reform Commission (NDRC) insisted on Wednesday that an ongoing investigation into Fiat and Volkswagen, which own Crysler and Volkswagen respectively.