China News Direct

 
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Fujian's Sanming promotes US$6bn projects in HK
(May 08, 2008) Mayor of Fujian province's Sanming city Liu Dao-qi is leading a delegation to Hong Kong on May 8 for 3 days of investment promotions. There will be 360 investment projects worth US$6 billion on display and they cover areas like infrastructure, industry, agriculture, tourism and bio-medicine. Liu says the city ...
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Beijing sets 2008 emission reduction targets
(May 08, 2008) Beijing announces the emission reduction target for 2008. For the year, energy consumption per RMB10,000 GDP has to lower by 5% from the 2007 level and water consumption per GDP unit has to decline for more than 4%. Beijing Municipal Commission of Development and Reform vice chairman Wang Hai Ping ...
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CNPC to set up refinery in Yunnan
(May 07, 2008) China National Petroleum Corporation (CNPC) will build a refinery in the province of Yunnan in 2009, says CNPC East China Design Institute. The refinery's annual capacity will be 10 million tons and production will begin in 2011. Site geological survey is in progress and should complete by June 2008. CNPC ...
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China produce price soared 25.5% in 1Q
(May 07, 2008) The National Bureau of Statistics of China figures show first quarter major produce production prices soared 25.5%, up 18.2 percentage points on year and 3.32 percentage points from the fourth quarter in 2007. First quarter grain and food production prices went up 11.4% on year. The Chinese CPI went up ...
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Hybrid Rice R&D opens branch in Hefei
(May 07, 2008) The Eastern branch centre of the China National Hybrid Rice R&D Centre has started operation in Hefei City of the Province of Anhui on May 6. The new branch will conduct research on the third generation hybrid rice which will produce a yield of 900 kilograms of paddy rice per ...
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Guangdong rolls out 6 measures to relax market entry
(May 07, 2008) Guangdong province has launched six policies to relax market entry restrictions and provide benefits to Hong Kong companies registered in the Pearl River Delta. The six policies are: trial run of equity investment in other companies; trial registration for companies which prefer not to have a geographical prefix in their ...
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Taiwan CPC plans extended exploration with CNOOC
(May 07, 2008) Taiwan state-owned oil company CPC Corporation plans to extend its Taiwan Strait exploration contract with the mainland's CNOOC Limited by two years starting 2008 year end. The two oil companies will start talks on the extension of their exploration cooperation in as early as July. A 50-50 joint venture had ...
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CNOOC eyes oil and gas in Gulf of Mexico
(May 07, 2008) China National Offshore Oil Corporation (CNOOC) hopes to invest in oil and gas in the US Gulf of Mexico region in the next two years. Vice president Zhou Shouwei says the oil conglomerate will probably team up with a partner to bid for exploration leases. The company is ready for ...
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Sinopec & Kuwait planning a Nansha refinery
(May 07, 2008) Kuwait Petroleum Corporation (KPC) and China Petroleum and Chemical Corporation (Sinopec) may submit a feasibility study report on their joint venture refinery project in Nansha District of Guangdong Province to the National Development and Reform Commission (NDRC) within a month and hopefully the project will obtain approval within 2008. Mohammad ...
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PetroChina & Venezuela in talks over Guangdong refinery deal
(May 07, 2008) PetroChina Company may sign an initial framework agreement with a Venezuelan partner this week to build an oil refinery in Guangdong Province. PetroChina vice president Shen Diancheng says first phase of the refinery will have an annual production capacity of 20 million tons, or 401,644 barrels a day. The Venezuelan ...
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