China News Direct

 
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Dalian launches palm oil futures to refine the industry
(Oct 09, 2007) China Securities Regulatory Commission approved the trading of palm oil futures at the Dalian Commodity Exchange (DCE). Palm oil has become the fourth futures product launched in China's commodity market this year. Earlier, futures products of zinc, rapeseed oil, and linear low density polyethylene were launched for trading. China is ...
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Kuwait National Petroleum to make good use of LNG reserves
(Oct 09, 2007) Kuwait National Petroleum Company (KNPC), one of the world's largest oil conglomerates, will start producing non-associated liquefied natural gas (LNG) from December 2007. The production of non-associated LNG implies oil-rich countries along the Persian Gulf Region have began to make good use of their sufficient LNG reserves. According to KNPC's ...
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Huaneng and Yingkou Port in coal transport alliance
(Oct 09, 2007) China Huaneng Group (CHNG), a state-owned energy company, will build a coal transfer base with 6 berths and yards in Yingkou of Liaoning province. This is to meet the demand for coal for use in thermal power plants under Huaneng. CEO of Yingkou Port Group, Gao Baoyu, revealed that the ...
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China to maintain steady growth amid business expansion
(Oct 09, 2007) China's Purchasing Manager Index (PMI) increased to 56.1% in September 2007. This shows that many enterprises continue to expand business in China. According to China Federation of Logistics and Purchasing (CFLP), the index has been over 50% for 34 consecutive months until September 2007. In August 2007, China's PMI was ...
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Policy Address asked to support more inflow of mainland funds
(Oct 08, 2007) Relaxing the restriction of mainland funds will be the most wanted item in the coming Policy Address, according to a consumer survey done by Midland Holdings last week. Chief Executive Donald Tsang is going to deliver the 2007 Policy Address on 10 October 2007. Before that, Midland interviewed 226 customers ...
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China is ready to talk about small claim insurance
(Oct 06, 2007) China Insurance Regulatory Commission (CIRC) officials say the insurance industry is enthusiastically participating in cooperation with new rural villages on developing small value or small claim insurance products. This cooperation is beneficial to the exploration of small claim insurance. Xinhua Agency quotes CIRC Assistant to Chairman Chen Wen-hui at the ...
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State Council to make Xinjiang the largest oil gas base by 2020
(Oct 06, 2007) Xinjiang will become the largest oil and gas processing base in China by 2020, according to the latest document released by the State Council. Strengthening the construction of resource bases in Xinjiang was one of the highlights in the document. In order to facilitate economic development of the region, Xinjiang ...
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Hebei Handan trade fair sealed RMB3.7bn contracts
(Oct 05, 2007) An international constructional material fair held in Hebei has attracted more than one thousand enterprises from 26 countries and regions. 18 projects valued RMB3.769 billion were signed in the fair. Organized by Hebei provincial government, China Construction Material Association and associations, the 3-day long 'Hebei Handan International Constructional Material Fair ...
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Civic Exchange highlights logistics, environment and economy
(Oct 05, 2007) Before the actual release of Policy Address 2007-2008 by Chief Executive Donald Tsang in mid-October, Civic Exchange released an Alternative Policy Address on 4th October 2007. This address mainly focuses on Hong Kong's economy, logistic industry, and environmental governance. Some Hong Kong people are worried that China will put more ...
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Eggshells found to reduce gas pollution from vehicles
(Oct 05, 2007) An experiment conducted in the US finds out that eggshells are effective in reducing the output of greenhouse gas from motor vehicles. A chemical engineer at the Ohio State University in Columbus, Fan Liang-shih, discovers calcium carbonate in eggshells would transform into calcium oxide when it is heated during the ...
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