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release time: 2019 - 08 - 24
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More cooperation measures expected to facilitate access to bond marketsChina and Russia have agreed to strengthen cooperation in the financial sector, particularly in the bond market, with an aim of jointly supporting global economic growth following a high-level bilateral financial dialogue that ended this week.'Russia will actively consider the issuance of yuan-denominated bonds on the Moscow Exchange,' said a statement on the website of the Chinese Ministry of Finance late on Thursday.China would also encourage domestic investors to invest in bonds issued by Russia, in line with the existing framework of laws and regulations, it said.Further cooperation measures are expected by the two sides to facilitate the access of investors from both countries to each other's bond market, said the ...
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BEIJING -- China's oil and gas industry saw steady growth in 2018, with expansion reported in both proven reserves and annual output, according to the Ministry of Natural Resources on Monday.In 2018, national exploration of oil and gas saw a total investment of 63.66 billion yuan (about $9.26 billion), up 8.9 percent year on year, the ministry said in a report on its website.Investment in oil and gas exploitation rose 24.7 percent to reach 203.11 billion yuan, according to the ministry.Newly added proven oil reserves stood at 959 million tonnes in 2018, a 9.4-percent rise after declining for t...
发布时间: 2019 - 07 - 16
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Renewables to help create low-carbon and clean, safe energy mix, say expertsWind and solar photovoltaic power are likely to achieve grid price parity within 2020, while at the same time, their quick development will further diminish the share of hydropower in the total power output by renewables in China, according to industry experts.Zheng Sheng'an, president of China Renewable Energy Engineering Institute, estimated the rapid growth of wind and solar power will continue throughout 2025, driven by the country's commitment to reducing carbon emissions even as conventional hydropower is slowing...
发布时间: 2019 - 07 - 13
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After seven years of negotiations, African leaders met on Sunday to launch the largest free trade zone in the world, bringing together a population of approximately 1.2 billion and a combined GDP of $2.5 trillion.Leaders attending an African Union summit in Niamey, Niger, agreed on five operational instruments to underpin the African Continental Free Trade Area. These are: regulations determining rules of origin, an online negotiating forum, a mechanism to monitor and eliminate non-tariff barriers, a digital payment system and an African Trade Observatory.Intra-trade constituted only 17 percen...
发布时间: 2019 - 07 - 09
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