UPDATE 1 maternity wedding dresses -Sinopec to reboot Tianjin plant, delay new units
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UPDATE 1-Sinopec to reboot Tianjin plant, delay new unitsPublished: 09 Feb 2009 02:01:39 PSTBEIJING, Feb 9 - Top Asian refiner Sinopec <0386.HK> will restart a 110,000 barrel-per-day (bpd) Tianjin refinery in March after a three-month shutdown triggered by concern about excess supplies in the domestic fuel market, a source said on Monday."But how much crude oil will be processed each month has yet to be decided," said the source familiar with the plant’s operations.The plant in northern Tianjin city did not reopen business in November after completing regular repairs because Sinopec was concerned about a domestic market surplus.China’s fuel market quickly built up excess supply after the Beijing Olympics last year as record imports and high throughput coupled with slowing demand as the global economic slowdown took hold.But with hopes increasing for an early economic recovery, state oil firms planned to rev up operations, with China’s top dozen plants set to raise February crude runs by 5 percent from January, the first increase since November. [nPEK95650]Tianjin, however, will postpone the startup of a new crude oil unit with capacity of 200,000 bpd, an ethylene unit of 1 million tonnes per year (tpy) and others until mid-November, two months later than earlier plans, due to delays in equipment deliveries, the source said."Some overseas suppliers have had difficulty to deliver equipment on time as a result of the financial crisis," he said.Construction of the new crude oil unit is now expected to be completed in late June and the ethylene unit two or three months later after that.被リンク 深圳装饰 工作流 クレジットカード 現金化 比較 转轮除湿机 car sun shades 风机箱 金

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Huaneng Power Int’l to sell equity interests in sub power firmPublished: 13 Apr 2009 17:01:48 PSTApr. 14, 2009 (China Knowledge) - Huaneng Power International Inc<600011><902><HNP>, China’s largest publicly traded power company, plans to sell a 30% equity interest and a 10% equity interest in its wholly owned subsidiary, Huaneng Chaohu Power Generation Co Ltd on the Shanghai United Assets and Equity Exchange (SUAEE), sources reported.The 30% equity interest has a listing price of nearly RMB 445.41 million. The company asks that the buyer have a sound financial background and payment capacity, and requires that the buyer have at least RMB 1 billion in bank deposits. Moreover, only coal production enterprises in Anhui Province that can provide 50% of the coal required to run Huaneng Chaohu Power Generation will be qualified to purchase the equity.The 10% equity interest has a listing price of nearly RMB 148.47 million. The buyer will have to maintain the sustainable development of Huaneng Chaohu Power Generation and reduce its operational costs.Some analysts pointed out that the transfer move is aiming to introduce a strategic investor who can supply coal and management.According to the audit results from Aug. 31, 2008, Huaneng Chaohu Power Generation has net assets worth about RMB 1.48 billion.Copyright © 2009 http://www.chinaknowledge.comSend feedback or comments to: [email protected] more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News短信群发 联轴器 铝合金升降机 launch x431 diagun 乳化机 OA系统 CFD 金

Avnet la nail uv lamp unches solutions distribution in China
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Avnet launches solutions distribution in ChinaPublished: 17 Dec 2008 00:09:36 PSTDec. 17, 2008 (China Knowledge) - Avnet Inc, an industrial distributor in the fields of electronic components, enterprise computer, storage products and embedded subsystems, announced that its subsidiary Avnet Technology Solutions has started its solutions distribution business in China, sources reported.Rick Hamada, chief operating officer of Avnet Inc, expressed the U.S. company’s confidence in China’s economic outlook, adding that the company will continue to expand in the country by leveraging the success and experience it gained from existing Chinese operations as well as its global scale and scope.Avnet started its operations in China as early as 1995 and set up a solutions integration center focused on embedded OEMs in Tianjin in 2006.Avnet Technology Solutions serves the component needs of system builders and integrators in China through its Computing Components division, said the company.Copyright © 2008 http://www.chinaknowledge.comSend feedback or comments to: [email protected] more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News深圳南山搬家公司 深圳罗湖搬家 香港花店 autoboss V30 乳化机 Shenzhen lawyer CFD surge arrester

China’s electrolytic capacitor car exports down 62.06% in Q1
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China’s car exports down 62.06% in Q1Published: 13 Apr 2009 23:31:55 PSTApr. 14, 2009 (China Knowledge) - China exported 61,000 automobiles in the first quarter of 2009, indicating a plunge of 62.06% year on year, according to statistics unveiled by the Chinese Auto Industry Association. Auto exports in the first two months of 2009 fell 62.87% from a year earlier to 41,900 units, while export revenue in the same period declined 49.83% year on year to US$708 million. Exports of sedans suffered the sharpest decline, falling 71.03% to 11,300 units. Zhu Yiping, the assistant secretary-general of the association, said the sharp fall is a big blow to China’s auto industry, and that the relevant government department should focus attention on promoting the auto industry’s overseas development.Car imports also suffered a downturn in January and February, decreasing 27.88% to US$3.33 billion. However, car production and sales in March amounted to 1.09 million units and 1.11 units, up 35.59% and 34.10% respectively from the previous year. Copyright © 2009 http://www.chinaknowledge.comSend feedback or comments to: [email protected] more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina Newskitchen cabinets online 外汇交易 铝合金升降机 外匯買賣 喷嘴 深圳搬家 ready to assemble kitchen cabinets car sun shades

South Ko stainless steel pipe rea’s Lotte may buy 72% stake in HK retailer Times
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South Korea’s Lotte may buy 72% stake in HK retailer TimesPublished: 12 Oct 2009 17:37:42 PSTTop 5 News From ChinaKnowledge.comLenovo launches flagship store in IndiaChina cuts jet fuel price by RMB 200 per tonHisense Electric may double net profit in Jan-SepCountry Garden’s property sales up 63% during National Day holidayShenzhen Properties’ net profit skyrockets in Jan-SepOct. 13, 2009 (China Knowledge) - Lotte Shopping Co Ltd, South Korea’s second-largest department store chain operator by market value, said yesterday that it is in talks to buy into Chinese retailer Times Ltd<1832>, aiming to strengthen its retail business in the country, Dow Jones Newswires reported, citing a source close to the deal as saying.Lotte plans is considering buying a 72.3% stake in Times from Hong Kong tycoon Kenneth Fang, said the source.In August, shareholders of Hong Kong-based Times decided to sell the company for more than US$560 million. The company was reportedly in the final stages of talks with Wumart Stores Inc<8277> about a stake sale.A spokesman at Lotte Department Store told Reuters that Times’ offer was one of many merger and acquisition offers the company has been asked to consider and that no decision has been made.Shares of Times were suspended from trading yesterday.Times is engaged in the operation of hypermarkets and supermarkets in China. As of Feb. 6, it had 67 stores in operation, including 53 hypermarkets and 14 supermarkets with a combined gross floor area of about 872,430 square meters.Copyright © 2009 http://www.chinaknowledge.com工业除湿机 キャバクラ 京都 現金化 外匯買賣 港澳游 キャバクラ 求人 クレジットカード 現金化 car sun shades

China si buy electronics gns note-purchase deal with IMF
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China signs note-purchase deal with IMFPublished: 03 Sep 2009 19:02:01 PSTBy Gao Xiaohui The International Monetary Fund (IMF) signed its first note-purchase agreement with China late Wednesday, under which China would buy up to $50 billion in Special Drawing Rights (SDRs) in IMF notes.The agreement was signed between the Deputy Governor of the People’s Bank of China, Yi Gang, and the Managing Director of the IMF, Dominique Strauss-Kahn, following the endorsement by the IMF Executive Board on July 1 of the fund’s framework for the first time to issue notes to its 186 members, the IMF said Wednesday in a statement at its website.As announced in its scheme, the bond denominated with SDR will mature in five years, and pay dividends quarterly to lenders, the Xinhua News Agency said.As early as June, China expressed its intention to invest in IMF notes. The agreement now offers China a safe investment instrument, the IMF said.China has expressed its willingness to push the IMF to expand money sources and its support for the fund to shoulder more supervisory duties in developing a fair system for international reserve currencies, Ding Yifang, a researcher with China’s Development Research Center of the State Council, told the Global Times yesterday. "China hopes to see the SDR function with stronger currency roles," Ding added.Apart from China, three other countries making up the BRIC – Brazil, Russia and India – are also expected to negotiate their bond purchases with the IMF, in a drive to seek greater representation in the body.Compared with other BRIC countries, the $50 billion deal is relatively large, said Zhang Xinfa, an analyst with China’s Galaxy Securities, adding that the purchases will provide additional sources of money to the IMF, as liquidity support to raise members’ ability to weather the credit crunch.Most international organizations are short of money, therefore China’s purchase now helps the IMF to sustain the crisis, which also reflects the increasing role China plays in the organization, according to Feng Pengcheng, associate professor at the University of International Business and Economics.However, with China’s over $2 trillion foreign reserves, the $50 billion is not a large sum, Ding noted."But China does need to diversify its foreign reserves by investing in the international body, in which China at least has more rights than in US treasury bonds."As for the IMF, the bonds are part of a wider effort to seek $500 billion in new funding to help countries combat the global financial crisis.Despite the bond purchases, the replacement of the US dollar with the SDR has a long way to go, and it needs concerted coordination and support from a majority of countries, Ding pointed out. Explore the World, Understand China!Please log on http://www.gloaltimes.cn工业除湿机 深圳装修公司 現金化 弹簧 solid wood kitchen cabinets キャバクラ 求人 lipo battery refractories china Asian Escort london

Kiekert: led nail uv lamp clever innovations and cost-saving solutions for China
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Kiekert: clever innovations and cost-saving solutions for ChinaPublished: 13 May 2009 23:31:21 PSTKieker AG, supplier of automobiles locking systems, presents its latest innovations and full product line for side door latches at the 2009 Auto Shanghai. This is Kiekert’s debut in the worlds’ fastest growing market. Dr. Karl Krause, CEO of Kiekert AG told Gasgoo.com reporter that the company’s looking at bringing its clever innovations and cost-saving solutions to China. ”Our strategy is not just setting up a low-cost manufacturing base but rather develop the market and be part of the market,” he said.Gasgoo.com: What did Kiekert bring to this year’s Shanghai Auto Show?Dr. Karl Krause: We made our Chinese debut at the Auto Shanghai 2009, for which we unveiled a brand new demo car, a model packed with our innovative ideas including I-close, I-move, I-fold and I-access. This is the first time we have demonstrated Kiekert’s latest technologies in China on a demo car which was bought here and adjusted by Kikert’s local R&D team.Let me make some introduction: The i-close is our latest generation of integrated closing assistant for the mid-sized and compact classes. It can ensure the car doors being always completely and securely closed; the i-move is the electrical actuator for all side doors, the user with the flick of a switch can instruct it to close the door by drawing the opened vehicle door onto the car body; the i-fold is a push-button electrical release unit for rear seatbacks; the i-access is a keyless car entry system for drivers, whose benefits in comparison to the system currently available on the market are the significantly reduced system complexity, the elimination of additional assembly effort and lower price.Besides the demo car, we presented the production latch modules that are supplied to the VW group, PSA, Ford, BMW, Mercedes-Benz and many other global OEMs. We also showcased some entry-level solutions for the low-cost vehicle segment to meet the increasing demand from the emerging markets, for example, the side-door latch for Indian automaker Maruti-Suzuki, which will be put into mass production this year.Gasgoo.com: What’s Kiekert’s comparative advantage as there’re many other latch-makers in China and abroad?Dr. Karl Krause: Kiekert is regarded as the leader in the development and manufacture of side-door latches for the auto industry. We are the only multi-national supplier that specializes in latches, retaining a 19 percent market share in the global market-there’re only three latch-making suppliers owning more that 10 percent market share and the other two are Japanese players. Our entire endeavor is to achieve perfection of locking technology. Since 1925 when the first automobile side-door latch was innovated, Kiekert has developed and manufactured products for both premium vehicle segments and high-volume vehicle segments. We have over 750 active patents in locking system technology; many of the products and production process have become the industry benchmark. In the non-core areas, we’ll search for other leading suppliers to support and collaborate with us. The i-access system is an example-we combine Continental’s electronic expertise and Kiekert’s experience in the closing systems.Full Story弹簧 ショッピング枠現金化 キャバクラ バイト 工作流 panoramic elevator 自清洗过滤器 クレジットカード現金化 キャバクラ 大阪 bldc motor

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’Hitler’ stars in explicit new AIDS awareness adPublished: 07 Sep 2009 12:02:02 PSTA steamy new AIDS awareness advert showing an Adolf Hitler look-alike having sex is aimed at countering a fall in public awareness of the dangers of unprotected sex, the ad’s German makers said Sunday."We asked ourselves what face we could give to the virus, and it couldn’t be a pretty face," Dirk Silz, creative director at the Das Commitee advertising agency behind the "AIDS is a mass murderer" campaign, told AFP."The campaign is designed to shake people up, to bring the topic of AIDS back to center stage, and to reverse the trend of unprotected sexual intercourse," the agency said.The ad, due to be screened in Germany on television and in cinemas and viewable online at http://www.aids-is-a-mass-murderer.com, shows blurred clips of a couple having sex, but it is only at the end that the man is revealed as Hitler.A tag line then reads, "AIDS is a mass murderer."The campaign, which also features posters of Joseph Stalin and Saddam Hussein look-alikes en flagrante, was organized with AIDS awareness group Regenbogen e.V. ahead of World AIDS Day on December 1.AIDS has killed around 30 million people worldwide, and almost 6,000 die every day, according to the campaign. World War II is estimated to have killed around 60 million people.The advert has been criticized for stigmatizing people infected with HIV, the virus that causes AIDS.AFP Explore the World, Understand China!Please log on http://www.gloaltimes.cn搅拌机 ショッピング枠　現金化 风机 工作流 oa办公系统 弹簧 クレジット 現金化 cheap kitchen cabinets 离心风机

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Shaanxi to integrate three iron and steel firmsPublished: 14 May 2009 00:41:29 PSTTop 5 News From ChinaKnowledge.comBank of China grants US$2.93-bln loan to COSCO Container LinesHang Seng Index opens 429 points lower on ThuBeijing Capital Land sees sales revenue skyrocket 200%GM likely to import 17,335 China-made cars in 2011China Eastern’s Q1 fuel hedging losses hit RMB 916 mlnMay 14, 2009 (China Knowledge) - China’s northwestern Shaanxi Province will integrate three iron and steel firms to form an industry giant, to be called Shaanxi Iron and Steel Group, to improve the competitive strength of the local iron and steel industry, sources reported.The Shaanxi government approved the merger and acquisition (M&A) plan, which will involve Hanzhong Iron & Steel Group Co (Hanzhong Steel), Lueyang Iron and Steel Co Ltd (Lueyang Steel) and Shaanxi Longmen Iron and Steel Group Co (Longmen Steel).Moreover, the local development and reform commission is coordinating with regulators to speed up the technological innovation at Longmen Steel. According to the technological innovation plan, the company will close inefficient production facilities and set up two blast furnaces that will each have a capacity of 1,280 cubic meters.Currently, Longmen Steel has a yearly output of 3 million tons of steel products that include wire and rebar, which are used in the construction sector.Hanzhong Steel’s annual production capacity consists of 1 million tons of steel billet and 600,000 tons of steel strip. A steel wire facility that can produce 600,000 tons of steel wire per year will begin operation this month. Lueyang Steel can produce about 500,000 tons of steel wire per year.Copyright © 2009 http://www.chinaknowledge.comair conditioner motor 管理咨询 冷热冲击试验箱 弹簧 lithium battery 弹簧 电磁流量计 实验室家具 外汇保证金

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CNOOC bids for InterOil’s LNG projectPublished: 16 Jul 2009 22:10:31 PSTTop 5 News From ChinaKnowledge.comPCCW Chairman Li raises his stake againBYD resurrects plans for A-share IPOChina Pacific Insurance set to restart Hong Kong IPORenhe Commercial buys six malls for RMB 830 mlnChina’s retail sales up 15% in H1Jul. 17, 2009 (China Knowledge) - CNOOC Ltd<0883><CEO>, an arm of China’s largest offshore oil company, China National Offshore Oil Corp, is bidding about US$500 million for a stake of between 20% and 35% in Canada-based InterOil’s liquefied natural gas project in Papua New Guinea, sources reported.The LNG project will cost an estimated US$4.5 billion and will have a designed annual output of 3.5 million tons, InterOil said in March. InterOil currently holds an 87% stake in the project, and Pacific LNG Operations Ltd holds the remaining 13%. The two partners also want to sell stakes in upstream gas assets, said Phil Mulacek, chief executive of InterOil. Osaka Gas, France’s Total, Japan’s Mitsui & Co, Mitsubishi Corp are among the bidders. PetroChina Co Ltd<601857><0857><PTR> may also bid for the stake, according to media reports. Copyright © 2009 http://www.chinaknowledge.comテレクラ ツーショットダイヤル 上海翻译公司 カード 現金化 除湿机 弹簧 过滤器 furniture legs kitchen accessories

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China sees declining forex reservePublished: 24 Dec 2008 01:19:37 PSTDec. 24, 2008 (China Knowledge) - China’s foreign exchange reserves have fallen for the first time since December 2003, sources reported, citing a senior official from the State Administration of Foreign Exchange (SAFE), as saying.China’s forex reserves reached US$1.9 trillion at the end of September, 32.92% higher than that of the same period of last year, according to figures from the central bank. However, the figure is below the September level now, said the official.The total increase in the first nine months, including the US$21.4 billion recorded in September, was US$3.6 billion less than the increment for the same period of last year. Copyright © 2008 http://www.chinaknowledge.comSend feedback or comments to: [email protected] more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina Newsminiature bearings RTA cabinets 北京翻译公司 lithium polymer lithium battery lithium batteries 外汇保证金交易 Rift platinum bathroom vanities

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Paying Tribute to Teachers, Chinese Premier Sits in on Junior High ClassesPublished: 06 Sep 2009 18:09:49 PSTWhen the class began, Math teacher Xu Junjun announced that Premier Wen Jiabao was with them, the students turned round simultaneously and craned their necks and found Grandpa Wen, who greeted the marveling faces with a gentle smile.During the morning class that started 8:10, Wen was seen taking notes carefully. After the lesson, he sat with several students sharing his notes with them.He spent a total of four hours and five minutes till the music class ended with Class 5 of the 8th graders at Beijing No. 35 Middle School on Friday.”It’s a memorable experience and I felt as if I had traveled back to my childhood,” he said, ”I love you all.”Wen has been visiting teachers and students on every Teacher’s Day since 2003 when he took up the post. The 25th Teacher’s Day will fall on Thursday.”Sitting in on the class all the morning is my way of paying tribute to you teachers,” he explained his visit later in a meeting with the faculty in the afternoon.The meeting was attended by representatives of teachers from Beijing. The premier commented on the morning lessons one by one and offer his suggestions to the teachers.Wen said that education is a lofty and honorable cause because the fate of the nation depends on it.”The nation’s rise and fall rely on education, as only first-rate education can generate first-rate talents who in turn can build a first-rate nation,” Wen said.China currently has about 16 million people working in educational institutions, including 12 million teachers in middle and primary schools.Chinese teachers have made great contribution to the country’s education and modernization through their hard work to cultivate generations of talented people over the years, Wen said.”Anyone, no matter how successful they are, owes their growth to their teachers’ enlightenment and instruction, and thus should be a student forever before their teachers, ” he said.He also urged the teachers to be creative in improving their teaching skills, teaching contents and evaluation methods.”Teachers are not sculptors, but what you are crafting is the most valuable work of art,” Wen said.He called on the educators to teach with love, be dedicated to learning and set exemplary roles for students.”I felt quite warmed at heart after I watched the premier spend the whole morning attending lessons and use almost an hour to comment on each one,” said Zheng Xinrong, a professor with Beijing Normal University, China’s top institute for teachers.(Xinhua News Agency September 8, 2009)搅拌机 滤油机 风机 lithium polymer 港澳游 lithium batteries passenger elevator rta kitchen cabinets kitchen cabinets

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Love is in the airPublished: 10 Dec 2009 07:02:01 PSTGraduates, past and present, from the Central Academy of Drama are showcasing their skills with Zuo Ai You Qing, or Love and Friendship, playing at various venues in Beijing. Produced by Renchuan Cultural Communication Company, the play opens the Romantic Comedy Academy, which is aimed at introducing such works to Beijing audiences.Executive producer Yu Fei explained that the cast and crew of Zuo Ai You Qing are all alumni from the same drama academy. The play centers on four characters and their intertwined relationships.The work has a moving plot and original characters all cleverly interwoven with the props for a coherent piece. Well-known Chinese actor Sun Xing said that the play retains comedic elements of typical Beijing theater with a romantic love story beautifully presented on stage."This story is really fantastic, it is not merely a small theater play. It is really an absolutely great choice before Christmas," said actor Zhang Qiufang, after seeing the show.Agencies Explore the World, Understand China!Please log on http://www.gloaltimes.cnクレジットカード 現金化 口コミ XP系统下载 蝶阀 lithium polymer online cabinets 深圳福田搬家公司 現金化 monolithic refractories passenger elevator

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Retailer targets ChinaPublished: 10 Dec 2009 09:02:01 PSTSeven & I Holdings said Thursday it aims to boost its revenue from China fivefold to about $4.5 billion over the next five years, as weak prospects in Japan prompt the country’s retailers to seek growth in China.Seven & I, Japan’s largest retailer, is planning aggressive store openings in China, whose strong growth has attracted industry leaders like Wal-Mart, Carrefour and Tesco.Agencies Explore the World, Understand China!Please log on http://www.gloaltimes.cnOA ペニーオークション 深圳装修公司 过滤机 ビジネスローン lithium batteries kitchen cabinetry 深圳厂房装修 china elevator

BOC’s pr 珍珠粉 ofit climbs 14.42% in 2008
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BOC’s profit climbs 14.42% in 2008Published: 24 Mar 2009 20:38:41 PSTMar. 25, 2009 (China Knowledge) - Bank of China (BOC)<601988><3988>, one of the country’s Big Four banks, saw its 2008 profit increase 14.42% year on year to RMB 64.36 billion (US$9.33 billion), according to the annual financial report it released on Tuesday.BOC, also the world’s third largest lender by market value, said the profit surge is an effect of continuously rising business revenue, strict control on operation costs and the reduction of the income tax rate.By the end of 2008, BOC’s total assets had increased 16.03% from a year earlier to RMB 6.95 trillion, while its liabilities totaled RMB 6.46 trillion, up 16.63% year on year.However, the lender’s net profit in the fourth quarter of 2008 shrank 59% to RMB 4.42 billion from RMB 10.77 billion in the same period of 2007, due to narrowing net interest margins and rising loan impairments, according to the report.The bank’s chairman, Li Lihui, said that neither Temasek nor Asian Development Bank will reduce their stakes in BOC in the first half of this year.Copyright © 2009 http://www.chinaknowledge.comSend feedback or comments to: [email protected] more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News芦荟 換金 Aloe vera Superannuation 現金化 比較 弹簧 上虞风机 门禁 acrylic sign holder

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HBIS’ crude steel output surpasses Baosteel in MayPublished: 08 Jul 2009 00:50:53 PSTTop 5 News From ChinaKnowledge.comADB to fund wind farm in China’s Inner MongoliaChina’s cross-border RMB trade settlement startsGeely Group raises shareholding in Geely Auto to 31.83%PetroChina’s Changqing Oilfield sees output swell 22.99% in H1Hang Seng Index opens 209 points lower on WedJul. 8, 2009 (China Knowledge) - Hebei Iron and Steel Group Co Ltd (HBIS) produced 3.15 million tons of crude steel in May, up 14.94% from a month earlier, while the crude steel output of Baosteel Group, the parent of China’s largest steel maker, Baoshan Iron and Steel Co<600019>, stood at 3.13 million tons, according to statistics released by China’s Ministry of Industry and Information Technology (MIIT).The statistics also show that the country’s crude output in May reached 46.46 million tons, the highest level since last April.The improved macroeconomic situation led to increased steel production in May. China’s key steel makers produced a total of 36.5 million tons of crude steel. Anben Iron and Steel Group’s crude output reached 2.45 million tons, while Wuhan Iron and Steel (Group) Corp (Wisco), the parent of Shanghai-listed Wuhan Iron and Steel Co Ltd<600005>, produced 2.35 million tons.In 2008, Baosteel’s crude output reached 35.4 million tons, while HBIS’s crude output was 33.3 million tons. Baosteel and HBIS rank third and fourth among global steel makers, according to the new ranking published by the World Steel Association.Copyright © 2009 http://www.chinaknowledge.comビジネスローン 除湿机 クレジットカード 現金化 口コミ Share trading 深圳搬家公司 冷热冲击试验机 冷热冲击试验箱 MBA FX 比較

PetroChi Escarpins na loses crown to ExxonMobil on market volatility
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PetroChina loses crown to ExxonMobil on market volatilityPublished: 09 Nov 2008 00:45:53 PST Nov. 7, 2008 (China Knowledge) - PetroChina<601857><857><PTR> has lost its top position as the world’s most valuable company to U.S. firm ExxonMobil Corp following the stock market slump, sources reported. China’s largest oil producer captured global attention on its trading debut on Nov. 5 last year when it rocketed 191% to RMB 48.62 from the offer price of RMB 16.70, surpassing ExxonMobil as the world’s largest oil producer by market capitalization. Since then, PetroChina’s stock has tumbled due to growing concerns on its overvalued shares amid the global financial crisis. The market value of the Chinese oil giant dropped by about RMB 7 trillion just one year after its A-share listing, Based on Wednesday’s closing price, ExxonMobil was valued at US$394.16 billion. PetroChina’s A shares closed at RMB 10.33 on Tuesday, translating into a market value of RMB 1.89 trillion or US$276.9 billion. Copyright © 2008 http://www.chinaknowledge.com Send feedback or comments to: [email protected] For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related Topics China News 网络电话 深圳装饰公司 Aloe vera 混合机 FAX DM 深圳装修 办公室装修 门禁 FX 初心者

Oil taxa promotional gift tion may undergo reforms
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Oil taxation may undergo reformsPublished: 26 Nov 2009 01:02:01 PSTThe way taxes are collected in China’s oil resource industry may be changed to a price-based system from the current one calculated by quantity, according to a report from China Business News (CBN) Thursday.The report also said that if based on the price of oil, the tax collection rate will be 3 percent to 5 percent.If calculated with a standard of 5 percent, and the price of the oil is $80 per barrel, the total amount of taxes could be as much as 6.5 times higher than that of the quantity-based tax collection, the report said.Currently, the taxes calculated for oil and gas are based on quantity. In July 2005 the tax rates for crude oil were raised from 14 yuan ($2.05) per ton to 30 yuan per ton, while the rates for natural gas ranged from 7 yuan per cubic meter to 15 yuan per cubic meter.Liu Bo, analyst with Sinolink Securities, said that the advantage of the quantity-based tax collection system is that the fiscal revenue from the taxes of the oil resources can remain stable even though there are fluctuations in the costs, prices and profits of oil and gas.Changing the way the tax is calculated would be a big adjustment, but some economists still believe that the taxes in the proposed price-based system would still be too low."From 2005 to 2008, international oil prices surged, but the taxes from the oil did not change a lot," Liu said.The output of crude oil in China in 2008 reached 190 million tons, and if calculated with the quantity-based system with the standard of 30 yuan per ton, the total amount of the oil taxes was 5.7 billion yuan.But if calculated based on prices, the average international price in 2008 was $100 per barrel, and the taxes could reach as much as 46.9 billion yuan ($6.9 billion), eight times more than the taxes collected based on quantity."The system of ’price-based collection’ is a good way to increase the fiscal revenue of the country," analyst Qiu Xiaofeng from China Merchant Securities said.Analysts also pointed out that taxes calculated based on price may affect the oil producers’ profits.This proposal was brought up before, as early as 2007 by a former official from the Ministry of Finance. But issues such as what the tax rates would be and when it would start were not determined. Industry analysts believe that starting from next year may be a good time to start the new tax collection system, according to the CBN report.The central government has not confirmed it will adopt the proposed tax collection system. Explore the World, Understand China!Please log on http://www.gloaltimes.cnショッピング枠 現金化 深圳搬家公司 kitchen cabinets wholesale kitchen cabinets for sale in stock kitchen cabinets 冷热冲击试验机 厂房装修 elevator manufacturer 原油

Sinopac rubber grommet Financial says no plan to buy Bank International Ningbo
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Sinopac Financial says no plan to buy Bank International NingboPublished: 08 Dec 2009 01:03:05 PSTMore From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial MarketDec. 8, 2009 (China Knowledge) - Taiwan-listed financial services provider Sinopac Financial Holdings Co Ltd, which is mainly engaged in the banking, securities, credit card and insurance businesses, has no plan to acquire mainland lender, Bank International Ningbo, Sinopac Financial said in a statement on Monday. Sinopac Financial has no plan to acquire the mainland bank, and has never made an offer, according to the statement. Sinopac Financial had shortlisted Bank International Ningbo as a primary acquisition target, and it is expected to spend US$184 million to acquire a 51% in Bank International Ningbo from Sinar Mas Group, Taiwan’s Commercial Times reported, citing unnamed sources familiar with the matter. Sinopac Financial said in April this year that it planned to purchase commercial banks in Ningbo and Yangzhou. In order to raise funds for the acquisitions, the company planned to issue NT$5 billion in subordinated bonds and NT$5 billion in bonds in the second half of this year, China Knowledge reported earlier.Copyright © 2009 http://www.chinaknowledge.com减速机 skateboard bearings 有机玻璃 混合机 kitchen cabinets on sale クレジットカード 現金化 口コミ 深圳装饰公司 refractories castable 原油