Sinopec, one of China’s two leading onshore oil and gas producers and the nation’s largest oil refiner, has decided to increase its natural gas output goal in southwest China’s Sichuan Province to three billion cubic meters for this year, company sources said Sunday.The figure is 25 percent higher than the original goal.
The revised output would [...]
The total volume of trade between Arab countries and China will reach 100 billion U.S. dollars by 2015, said president of the Council of the General Union of Chambers of Commerce, Industry and Agriculture for Arab Countries Adnan Kassar on Sunday.
Kassar, who is now in Amman to attend the second conference of Arab-China Business Conference, [...]
Microsoft China is buying 15 million shares of China’s Sichuan Changhong Electric, one of the mainland’s largest television makers.
Microsoft will pay 94.05 million yuan for the shares at a price of 6.27 yuan each and they will not be tradable for 36 months from the end of Changhong’s non-public offering of 400 million shares, a [...]
THE Chinese shipbuilding company Jiangsu Eastern Shipyard has been awarded a contract to build two oil tankers worth 61.49 million U.S. dollars by Indonesia’s state-run oil firm Pertamina, an executive said Thursday.
Jiangsu is expected to deliver the two tankers in July 2010, Pertamina President Ari Soemarno said after signing the contract with Jiangsu executives here.
Soemarno [...]
China imported 484,000 tons of synthetic rubber in the first four months of this year, a growth of 14.7 percent over the same period of last year, according to customs sources.
The imports were valued at 930 million U.S. dollars, up 26.3 percent. Prices of the arrivals averaged 1,924 U.S. dollars per ton, up 10.1 percent.
The [...]
Director-General of the World Trade Organization (WTO) Pascal Lamy arrived in Beijing on Sunday as he tries to revive the stalled Doha trade talks.
In an interview prior to his departure for Beijing, Lamy said he would tell Chinese officials that developing countries should also contribute to the trade talks so they can be concluded in [...]
