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Tag Archive

inopec establish joint venture with Russian companie

hina Petrole上海会所品茶微信um and Chemical Corp, the world’s larg

est refiner by volume, has agreed to establish a joint venture with Russia’s Novatek and Gazp

rombank to market natural and liquefied natural gas (LNG) in China, Sinopec said on Thursday.

The agreement, which aims to sell LNG produced by Novatek in the Arctic, was signed fo

llowing talks in Moscow between Russian President, Vladimir Putin, and Chinese President, Xi Jinping.

The agreement will be of considerable economic and social benefit an

d will further diversify China’s natural gas imports, while meeting ever-increasing ga

s demand in the country, said Dai Houliang, China Petrochemical Corp president.

www.aaart.org.cn

With all expressway lanes capable of offering ETC servic

vice by October, an increase in the number of China’s ETC users will make the 90 percent passage via ETC

a reality by year-end, the action plan said.

Starting from July 1, 2019, the country will strictly implement the poli

cy of granting a discount of no less than 5 percent off expressway tolls for ETC use

rs. By the end of the year, the number of ETC users is expected to top 180 million, the action plan said.

The plan calls for increased investment in building the ETC infrast

ucture to increase the proportion of ETC lanes, which should be no less than 70 percent by

the end of October for big and medium-sized cities, new towns and sites near scenic spots.

Given that some vehicles may not have installed ETC devices by yea

r-end, expressways will still offer some manned lanes, accepting mobile payment.

swicbt.cn

In addition to the basic knowledge of Chinese medicine, he a

also learned to do acupuncture and cupping therapy. He said that he likes to study the philosophy contained in Chin

ese medicine, the balance of yin and yang and the five elements, which is also helpful for practicing tai chi.

Haase has been to many cities in China, including Beijing, Xi’an, Shanghai and Harbin. He found that every city in China has its ow

n characteristics. Haase’s hometown Victoria and Changsha have a longstanding friendship. He has made m

any local friends in Changsha, where also met his tai chi teachers, Chinese medicine teachers and his wife.

Haase thinks the most attractive aspect of Chinese culture is Chinese philosophy and Taoism. He has adapted the slow-pace

d lifestyle described in the Tao Te Ching, a book written by Lao Zi, the founder of Taoism. “The pace of life for mod

ern people is too fast. I think everyone should learn from the Tao Te Ching,” he said.

www.xiaovfuli.cn

hina’s revised civil servant law takes effect

China’s civil servant law, newly revised in December 2018, took effect Saturday.

The revised law clarifies systems of civil servant promotion and asses

sment, and includes statutes to improve rewards and benefits such as pension schemes.

It also tightens supervision over civil servants, keeping its statutes in

line with the supervision law and disciplinary rules of the Communist Party of China.

The revised law bans civil servants from working as leaders of industry regulators or administrati

ve departments in charge of supervising businesses run by their spouses, children or in-laws.

The civil servant law first took effect in 2006.

www.ypidv.cn

The escalation in trade tensions between China and the

he United States, may lead to weaker business confidence and slower

global trade growth, which is expected to weigh on investment and exports in 2020. But in the n

ear term, as China shows positive surprise in GDP growth in the first quarter, and the macroeconomic policies hav

e taken effects on stabilizing the growth, the GDP growth rate is likely to stay at 6.2 percent, the report said.

“In response to the growth moderation and less favorable external conditions, the government in

troduced a fiscal stimulus emphasizing tax incentives,” said Martin Raiser, World Bank Country director for China.

“While the central government has fiscal space to further increase spending, if necessary, the additional stimulus should be ap

propriately funded either directly at the central level or through additional fiscal transfers to the provinces. Highe

www.riuy8.cn

Pacts set to be signed during Xi’s state visitbal strateg

Pragmatic cooperation, global strategic stability high on Sino-Russian agenda

Beijing and Moscow will sign around 30 cooperation documents d

uring President Xi Jinping’s state visit to Russia next week, including two joint statements on bilateral t

ies as well as on global strategic stability, Vice-Foreign Minister Zhang Hanhui said on Thursday.

Xi will kick off a three-day state visit to Russia on Wednesday at the invitation of Russian President

Vladimir Putin, and attend the 23rd St. Petersburg International Economic Forum to be held between June 6 and June 8.

The two presidents will witness the signing of an array of agreements on business d

eals in areas such as trade, investment and energy, Zhang said at a media briefing in Beijing.

This year marks the 70th anniversary of diplomatic ties between

China and Russia, and Xi’s visit will mark a milestone for both countries, Zhang said.

www.iojhx.cn

The meeting highlighted the importance of strengthen

 innovative capabilities as well as opening-up and cooperation in this regard, and called for improving the services and

environment for opening-up and cooperation so that development is promoted through opening-up, inn

ovation is advanced through reforms and win-win results are achieved through cooperation, it said.

Tough and newly emerging problems should be resolved through deepening reforms, the statement said, adding that the

capability of dealing with challenges and preventing risks should be intensified.

The meeting required Shanxi province, a coal-abundant area in North Ch

ina, to conduct pilot reforms in its energy industry and take the lead in the whole cou

ntry in areas such as promoting clean and low-carbon energy use and enhancing innovatio

www.sjhtjn.cn

From the beginning until the last game of the Asian Cup

we never doubted him, despite all the ups and downs.”

What players will be chosen by Lippi remains uncertain, but seeking younger talent will be a priority. Lippi led the oldest

team at the Asian Cup this year, with an average age of 30.2 years, and many veterans will retire before the next World Cup.

Lippi’s best shot now is Espanyol striker Wu Lei, who joined La Liga

immediately after the Asian Cup and became the first Chinese player to score in the league.

Government in Nanyang city, Central China’s Henan province, has denied reports that vehic

les driven by water-hydrogen engines have been produced, according to a Beijing News report on Friday.

A Nanyang Daily report on Thursday said that such a vehicle has been produced, saying that the vehic

le consumes water in its engine, and with the help of special catalyst then produces hydrogen to fuel the vehicle.

www.ashtt.com

ic importance to Huawei. “TSMC produces most of H

uawei’s chips. Only with its cooperation is it possible for Huawei to have a Plan B in stocking

in-house processors in order to offset fallout from the US ban on its access to US chips,” Xiang said.

He said the move by Panasonic also showcases that the Japanes

e tech company is not willing to surrender to political pressure from Washington, after ear

lier reports that it had stopped shipments of certain components to Huawei. The firm bought $6.3 billion wort

h of products including batteries and electronic components from Panasonic in 2018, according to Nikkei Asian Review.

United Kingdom-based mobile operator EE said on We

dnesday that its 5G network in the UK would rely on equipment made by Huawei.

www.xzzygk.com

ietnam surpassed India to become the largest buyer of Chin

a’s photovoltaic products. Export value to Vietnam rose 239 times to $739 million in the fi

rst quarter, taking up 16.8 percent of China’s total photovoltaic export value.

With the European Union ending its anti-dumping and anti-subsidy meas

ures, photovoltaic exports from China to Europe also saw large increase in Q1.

The country’s photovoltaic products export volume to the Netherlands and Spain increased 1,049.6 percent and 158.3 perc

ent, respectively, in the first quarter, said the report. It predicted that the emerging markets, such as Mexico, Aus

tralia, Turkey, and the United Arab Emirates will further boost the export of China’s photovoltaic modules.

The export of China’s photovoltaic products to the United States dropped 28.9 pe

rcent to just 0.01 GW in the first quarter, the report said. The Section 201, Section 3

www.fanxgq.cn