China made steady progress in its efforts to ensure energy supply and demand security during the first six months of this year, an industry official said.Crude oil output in the nation rose to 95.39 million metric tons during the first half, up 0.8 percent year-on-year, said Li Fulong, head of the development and planning office of the National Energy Administration.That marks a reversal of the downtrend seen in crude output during the past three years. At the same time, China has also been furthering its efforts to enhance fuel oil quality, and ensure that the supplies are sufficient, he said...
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China is to ramp up its efforts to rein in unwanted steel output, especially that which is substandard and polluting, in order to contain risks from excess capacity and promote high-quality development in the steel industry, key industry officials said during the China Iron and Steel Association's annual midyear convention on Monday.As the campaign to cut overcapacity deepens and the industry's profitability increases, the risks of illegal new capacity also start to grow, reflected by the phenomenon that some steel companies play tricks to build new capacity, and the production of substandard ...
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2019
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CHONGQING - Freight trains between Southwest China's Chongqing Municipality and Europe have made a total of 812 trips in the first half of this year, up 86.7 percent year-on-year, the operator said Wednesday.Among them, 301 were outbound trips and 511 were inbound, according to Yuxinou (Chongqing) Logistics Co Ltd.'The number of return trips exceeded that of the departures, showing that trade between China and Europe tends to be more balanced,' said Qi Dan, head of the company.Chongqing was among the first Chinese cities connected to Europe through the China-Europe rail routes.The China-Europe...
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2019
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