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Monday, 23 January 23
CHINA'S MAJOR COAL-PRODUCING PROVINCE ACCELERATES DIGITAL TRANSFORMATION - XINHUA
At Chindata Group’s big-data industrial park in Lingqiu County of Datong City, hundreds of thousands of servers are running round-the-clock to support high-tech enterprises nationwide in such fields as AI, autonomous driving and quantum communication.
The development of the digital economy is advancing in Datong, known as China’s “coal capital.” The coal-producing heartland in north China’s Shanxi Province boasts one eighth of the country’s coal reserves.
While phasing out outdated coal production capacity, the city has been looking for alternative industries for long-term growth. With years of efforts, it has become the province’s pioneer in promoting the digital economy in an effort to achieve high-quality development.
The city has built a total of 140,000 data center design racks and established a server capacity of up to 2 million units. Its computing output has become a new point of growth in a city which traditionally relied on fossil fuel resources.
According to the annual session of the Shanxi Provincial People’s Congress, which concluded on Monday, the value of the province’s digital economy exceeded 500 billion yuan (about 74.6 billion U.S. dollars) by the end of 2022.
In addition to Datong, other traditional coal-producing cities of Lyuliang and Yangquan in the province are also promoting digital economy in the fields of big data, smart mining and unmanned driving.
At 500 meters underground, robots are patrolling to monitor mining in the Xinyuan coal mine of the Lu’an Chemical Group Co., Ltd. Assisted by 5G technology, the automated inspectors send real-time data to the mining company’s control center to check mining safety.
Xinyuan became China’s first 5G network-covered coal mine in 2020. Mining managers can view the operational situation in 31 underground working scenarios, including ventilation fans and mining faces, via the smart operating system.
Ping Qingzhong, an expert with the Institute of Internet Industry, Tsinghua University, said the development of the digital economy in Shanxi has a solid industrial base, especially in the energy industry, and its digital economic development, based on upgrading these traditional industries, has broad prospects.
At the meeting of the provincial legislature, the provincial government set the goal of an annual growth rate of more than 15 percent for its digital economic development in the next five years.
Liu Yong, deputy director of the Shanxi provincial department of industry and information technology, said that Shanxi would strengthen the building of digital infrastructure to empower the digital transformation of traditional industries, and provide strong support for all-around high-quality development.
Source: Xinhua
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Tuesday, 11 April 23
OIL RISES ON CHINA STIMULUS EXPECTATIONS, WEAKER DOLLAR - REUTERS
Oil prices rose on Tuesday on expectations of potential economic stimulus by China, healthy demand in the rest of Asia and a drop in U.S. crude sto ...
Sunday, 09 April 23
CHINA’S BUSINESS INCOME REBOUND POINTS TO IMPROVING ECONOMY: OFFICIAL - XINHUA
Chinese businesses have posted a strong rebound in sales revenue since the beginning of this year in the latest signal of an improving economy.
...
Sunday, 09 April 23
COAL INDIA TO BOOST SUPPLIES TO INDUSTRIES AS UTILITIES’ INVENTORIES RISE - REUTERS
Coal India Ltd will increase supplies to industries, the world’s largest coal miner said on Wednesday as fuel inventories at utilities run by ...
Thursday, 06 April 23
MARKET INSIGHT - INTERMODAL
LNG Current Supply/Demand Dynamics
This year, LNG supply will likely exceed demand, so prices will need to decline to levels that will encourag ...
Sunday, 26 March 23
EUROPE’S RUSH TO LNG COULD TURN INTO 'WORLD’S MOST EXPENSIVE AND UNNECESSARY INSURANCE POLICY'- CNBC
Europe’s rapid buildout of liquefied natural gas infrastructure is on track to far exceed demand by the end of the decade, according to new r ...
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- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- The Treasury - Australian Government
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMC Global Power, Philippines
- Goldman Sachs - Singapore
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Thai Mozambique Logistica
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
- Meenaskhi Energy Private Limited - India
- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- PTC India Limited - India
- ASAPP Information Group - India
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Sojitz Corporation - Japan
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- Indika Energy - Indonesia
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Bukit Asam (Persero) Tbk - Indonesia
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