Posts by China Daily:

HK exchange to start gold trading in Shanghai

Members of the century-old Chinese Gold & Silver Exchange Society in Hong Kong should be able to start trading the yellow metal in Shanghai from March next year, allowing them to tap into mounting demand on the Chinese mainland, the world's leading gold consumer.

Deaths ‘concealed’ in coal mine

Watchdog says blasts in Jilin killed 42 workers, 11 remain missing The State Council will launch full investigations into two gas blasts at a coal mine in Jilin province that involve concealing the number of dead from the first blast, China's work saf...

Iron ore inventories dip in China

Inventories of iron ore at 25 major Chinese ports dipped 0.75 percent week-on-week to 99.6 million metric tons in the week ending on December 12, according to the Xinhua-China Iron Ore Price Index released on Tuesday.

China realizes world’s biggest carbon cut – equal to 630 million tonnes of coal

China reduced its greenhouse gas emissions by 1.5 billion tonnes between 2006 and 2010, the biggest decrease of any country in the period, according to a new report. The country's energy consumption per unit of gross domestic product (GDP), declined by 19.1 percent from the level of 2005, equal to saving the energy consumption of 630 million tonnes of standard coal.

New couples and consumers in smaller cities driving China diamond sales

China Daily reports the fifth-largest diamond producer in the world said on Tuesday that China's demand for the precious stones will steadily increase in spite of rising prices. Empresa Nacional de Diamantes (Endiama), the national diamond company based in Angola, said that the Chinese market had accounted for up to 40 percent of its exports annually on average over the past three to five years.