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release time: 2019 - 12 - 14
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Airlines predict better new year following weaker than anticipated 2019 performanceSlowing economic growth and the trade dispute between China and the United States have impacted the aviation industry in 2019, according to global airlines body the International Air Transport Association, or IATA.The association, which represents some 290 airlines, gave an outlook on the industry during the annual Global Media Day briefings at its headquarters in Geneva.The IATA forecasts that the industry will produce a profit of $29.3 billion next year.That is an improvement over 2019's expected net profit of $25.9 billion.The economic performance was weaker than anticipated in 2019 as the initial IATA outlook in June stood at $28 billion.'Slowing economic growth, trade wars, geopolitical tensions and soc...
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URUMQI - Northwest China's Xinjiang Uygur autonomous region transmitted a total of 28.56 billion kWh of electricity out of the region in the first half of this year, according to local authorities.The State Grid Xinjiang Electric Power Co Ltd said Tuesday the amount of power transmitted out of the region increased by 16.76 percent compared to the same period last year, among which 41 percent was green energy mainly generated by wind and solar power.The company said the power has been sent to central and eastern China provinces, including Henan and Anhui.Last year, the outbound power transmissi...
发布时间: 2019 - 08 - 17
BEIJING - The People's Bank of China (PBOC), the central bank, on Thursday continued to pump cash into the financial system through open market operations to maintain liquidity in the market.The PBOC conducted 30 billion yuan ($4.27 billion) of seven-day reverse repos, a liquidity-injecting process in which the central bank purchases securities from commercial banks through bidding with an agreement to sell them back in the future.The interest rate for the operation remained at 2.55 percent, the PBOC said in a statement.No reverse repos matured on Thursday.In addition, the PBOC injected 400 bi...
发布时间: 2019 - 08 - 16
BEIJING - As a vital step in easing market access for foreign investors, China has announced opening up the upstream exploration of its oil and natural gas resources by scrapping joint-venture restrictions.Taking effect on July 30, the move aims to attract overseas participation in the field and advance the country's ongoing reform of energy systems.Spurred by the growth in energy consumption, China has become the world's largest importer of crude oil and natural gas, with its dependency on foreign crude oil and natural gas hitting 69.8 percent and 45.3 percent, respectively, in 2018, accordin...
发布时间: 2019 - 08 - 15
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