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Shanghai Daily,上海日报
Latest news:


S. Korea court declares Hanjin Shipping bankrupt

THE axe finally fell on South Korea’s once-mighty Hanjin Shipping yesterday as a Seoul court declared it bankrupt after struggling for years under the weight of billions of dollars worth of debt. Hanjin ...

February 18, 2017, Saturday

Machinery sector set to expand slower in 2017

China’s machinery industry is likely to see stable but slower growth in 2017 due to weak demand amid downward economic pressure, an industry group forecast yesterday....

February 15, 2017, Wednesday

Output of crude steel records slight rise

CHINA’S crude steel output rose slightly last year, according to the country’s top economic planner yesterday. Crude steel production rose 1.2 percent year on year to 808.37 million tons in 2016, compared ...

February 14, 2017, Tuesday

China’s steel sector returns to the black

CHINA’S steel sector swung back into the black last year as capacity reduction pushed up steel prices, the top economic planner said yesterday. The profits of 373 steel companies are expected at 35 billion ...

January 26, 2017, Thursday

Worldwide crude steel production climbs

Global crude steel output rose by 0.8 percent last year, industry data showed yesterday, as mills in top producer China churned out more metal to meet higher demand even as Beijing cracked down on excess ...

January 26, 2017, Thursday

Shipyards face rough weather

AFFECTED by waning global market demand and excessive industry capacity, China’s shipbuilders witnessed declining new orders and profits last year. Shipbuilding output in 2016 was 35.3 million deadweight ...

January 21, 2017, Saturday

Shipbuilding to be boosted in 5-year plan

CHINA aims to account for 35 percent of the global ocean engineering equipment market and to take up 40 percent of the shipbuilding market worldwide by 2020. The Ministry of Industry and Information ...

January 13, 2017, Friday

China to scrap output of low-quality steel

CHINA plans to cull production of low-quality steel made from scrap metal, known as “ditiaogang” in Chinese, before the end of June, as part of efforts to improve market supply and a national battle to ...

January 12, 2017, Thursday

Liuzhou produces 2.4m vehicles

Robots at work in a auto factory in Liuzhou in the Guangxi Zhuang Autonomous Region in south China. Supported by a slew of domestic brands such as Wuling and Baojun, Liuzhou produced 2.4 million vehicles in 2016, an all time high and it ranks as the third biggest automobile manufacturing city in China, following Chongqing and Shanghai. — Xinhua...

January 7, 2017, Saturday

UK’s construction output booms

A South Eastern passenger train passes in front of construction cranes at a development site in Nine Elms, south west London, yesterday. Construction output rose at its fastest pace for nine months in December, even though imported raw material prices have risen, as a result of the drop in the pound’s value caused by the Brexit vote last June. ...

January 5, 2017, Thursday


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