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release time: 2019 - 06 - 13
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China Petroleum and Chemical Corp, the world's largest refiner by volume, vows to raise its production capability of low-sulfur marine fuel oil to 10 million tons by 2020 and 15 million tons by 2023 for greener shipping, the company said June 5, the 48th World Environment Day.The commitment shall reduce 600,000 tons of sulfur oxide emissions, equivalent to shutting down over 64 million National IV Standard trucks for a year, it said.The company, known as Sinopec, vows to further improve its global low-sulfur marine fuel oil sales network and cover China's major ports including Zhoushan with Sinopec's low-sulfur marine fuel oil products by January 2020, as well as 50 key overseas ports including Singapore.Three of the company's refineries, including Shanghai Refinery, Jinling Refinery and H...
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China and the United States have made new progress in negotiating the text of an economic and trade deal, but much work remains to be done, the Ministry of Commerce said on Thursday.Negotiating teams from the two countries are hashing out the text of the deal, including an enforcement mechanism, on the basis of mutual respect and benefit, said Gao Feng, ministry spokesman.The remarks came as the world's two biggest economies have been intensifying their consultations and aiming to break the deadlock in a timely manner.In the most recent round of trade consultations, the negotiators discussed t...
发布时间: 2019 - 04 - 19
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State Council meeting works to bring down financing burdens on enterprisesChina will work harder to ensure financing costs faced by micro and small enterprises are further reduced, with a target of making outstanding loans to these firms approved by the five large State-owned commercial banks increase by over 30 percent this year, a State Council executive meeting chaired by Premier Li Keqiang decided on Wednesday.'Lowering these enterprises' financing costs is a pressing issue in our economy today. Our prudent monetary policy should be eased or tightened to the right degree to keep liquidity ...
发布时间: 2019 - 04 - 18
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China's economy grew at a faster-than-expected 6.4 percent year-on-year in the first quarter, according to data released by the National Bureau of Statistics on Wednesday.The growth was unchanged from that registered in the fourth quarter of last year.The country's industrial output posted steady growth in the same period, up by 6.5 percent year-on-year, compared with 5.7 percent in the previous quarter, official data showed.Fixed-asset investment growth was 6.3 percent in the first quarter, compared with 6.1 percent in the first two months, according to the NBS.Retail sales increased by 8.3 p...
发布时间: 2019 - 04 - 17
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