On the Development of China's Land Oil Industry

Mr. Wang Tao, President of the China National Oil and Natural Gas Corporation, briefed this reporter on his thoughts on the development of China's land oil industry. From the present to the turn of the century, said Wang Tao, is a critical period in the reform and development of the land oil industry in China. Our basic thoughts on the development of China's land oil industry from now on are: to blaze a new trail of better commercial efficiency and rapid development by making economic efficiency upgrading the aim, and oil and gas production and operation the main     

Celebration of CHina's Dairy Industry

China has become the world's third largest dairy products manufactturer next to India and America,ac- cording to the information release on the 2007 China·Inner Mongoha International Diary Products Expo- sition. The Exposition,held from July 26 to 28 in Hohhot,the capital city of Inner Mongolia Autonomous Region,has attracted worldwide concerns as a celebration of China's dairy industry."The milk output has grown by ten times during the last decade"Nadamude,Secretary-in-general of the Inner Mongolia Dairy Association said when interviewed by China's Foreign Trade.The following is a summary of the interview.     

Remarkable Achievements in China's Food Industry

China's food industry is an importantcomponent part of the nationaleconomy.It plays an important rolein satisfying the people's increasing demandsin their material and cultural life and inbeefing up China's national economicconstruction.The development of the foodindustry is of very great importance inpromoting the development of the ruralcommodity economy,bringing along thecoordination and development of the relatedindustries such as fodder,packaging,printing,machinery,electronics and fine chemicalindustry,and developing the tertiary industry,     

50 Years'''' Chronicle of Chinese Auto Industry

October,1949The machine industrial bureau ofMinistry of Heavy Industry set aboutestablishing the new China's auto in-dustry.March,1951The Financial and Economic Com-mittee of the Government Adminis-tration Council approved the FirstAnto Works to be built in Chang-chun.     

China's Power Industry

China's power industry has been in existence for over one hundred years, since 1882 when the first generating set began operation in Shanghai. Since the founding of New China in 1949, it has seen rapid development. By the end of 1994, the total capacity of China's generating equipment was 200 million kw with a generating power of 9.05 billion kwh. China is a vast country for power production and consumption.     

Electronic and Information Industry in China

According to the statistics of the Customs, China's electrical machinery export and import volume was US$312.68 billion in 2002, about 30.7% increasing, accounting for 50.4% of China's total import and export volume. Among which, electronic and information products achieved an annual export of US$92.04 billion, breaking a historic record.     

An Overall Reform and Opening Program of China''''s Insurance Industry

Wu Dingfu, President of China Insurance Supervisory Commisson has announced that China's insurance industry will be reformed focusing on the restructuring the present system of state-owned insurance companies into a shareholding system. And more efforts will be put on the promotion of the market-oriented mechanism, and continuation of further opening to the outside world, regulation of structures, intensification and improvement of insurance supervision and control in a bid to prevent     

Developments in the Pharmaceuticals Industry

China's pharmaceuticals industry is one of the industries making use of foreign funds and running three kinds of foreign-funded enterprises from an early date. In 1980, it signed a contract with the Japanese Pharmaceu-tical Enterprise to establish the China Otsuka Pharmaceuticals Co. Ltd.---the first joint venture in China's pharma-ceuticals industry. According to incom-     

China's Auto Parts Industry——Current Situation and Counter Measures

Ⅰ.The current situation of China's autoparts industry 1.High-level conglomeration has beenseen in production.A number of large autoparts enterprises have been set up,withproducts from some of them having occupiedmore than 30% among the similar productsof the domestic market. 2.The sense of product quality hasbeen gradually enhanced.When importinghardware and technical software,many autoparts manufacturers have adopted advancedforeign managerial methods,and set up and     

Further Enhancing the International Competitiveness of China's Chemical Industry

Foreign-oriented Economy Entering a New Stage The Eighth Five-year Plan period saw the fastest development of the foreign-oriented economy in China's chemical industry, with an accumulated import and export value of US$100 billion, including US$38.3 billion of exports. In 1996 the total import and export value reached US$30 billion, including US$12 billion of exports. Now, more than 300 chemical enterprises and institutes have obtained foreign trade     

Setting up State Holding Corporations——an Interview with He Boquan, Vice President of the China National Nonferrous Industry Corporation

An announcement was made on November 4, 1994, on making the China National Nonferrous Industry Corporation one of the three State holding corporations for experiment at a national conference on experimenting on modern enterprises sponsored by the State Council. The appearance of State holding corporations is the result of China's deepening economic restructuring and an important and integral part of deepening enterprise reform.     

Objectives of China's Light Industry Under the Ninth Five-Year Plan

Through the last 17 years of development,China's light industry has basicallyresolved the short supply of consumergoods,with market demand having been metin quantity,but not in quality.How to adaptto the changes on both the domestic and theinternational markets,speed up structuraladjustment and optimization,promotetechnical progress,develop new products,improve quality,and raise grades andprocessing standards,is the main task for thedevelopment of the light industry in the next15 years.     

Minister on 9th Five-Year Plan of China's Chemical Industry

At the beginning of 1995, Gu Xiulian, Minister of the Chemical Industry, gave a briefing to the media on the newly-drafted 9th Five-Year Plan(1996-2000) for China's chemical industry. She said that unlike the past development plans under the planned economy system, the new plan orients the product mix, industry structure, enterprise structure and regional distribution to the needs of the domestic and world markets, and co-ordinates the development of state-     

Development for China's Auto Industry in Recent Years

China's auto industry has gradually been transformed from the original extensive operation, to readjustment and steady growth since 1993. It has begun to concentrate on the development of new leading brands and the diversification of its automobiles, with multi-grades and functions. The steady increase in output of automobiles is a significant feature in China's auto industry in recent years. In the 1980s, the industry developed rapidly, with fluctuations at times. The     

China's Ship Industry Entering World Market

China's ship building industry has a long history of development. Since the founding of new China, with four decades of construction, especially a decade of reform and opening, its shipbuilding industry has entered a rapid development period. A large industry system with a powerful technical force has made it possible to have a development pattern combining shipbuilding and repairing, diversified economy and tertiary industry so as to serve well domestic and foreign markets for military and civil purposes. The China State Shipbuilding Corporation (CSSC) is a major force of China's shipbuilding industry. Under the direct leadership of the State Council, it has developed into an economic entity     

Developing Financial Industry Must Depend on Support of the Capital Market

The first issue—the importance and urgency of developing financial industry at present. Through 28 years of reform and opening up, China's industrial capital and economy aggregate have stood in the front row, ranking the fourth in the world. In comparison with industry, financial capital is much less developed. It might even be said that the country is a giant in industry and a dwarf in financial capital.     

China's Machinery Industry

The machinery industry is the equipment industry for the national economy. Its development level has a direct effect on the technical level and economic returns in all fields of the national economy. Since the founding of new China, the machinery industry has developed very rapidly; especially since the reform and opening drive, it has reached a climax in growth speed,thus raising the technical level. Outstanding achievements have been made in production, technology and foreign trade. So far, China's machinery industry has become one of the largest industries, with a complete category of products, a fairly large scale and a strong technical basis. The number of its enterprises, and     

China's Non-Ferrous Metals Industry

China's non-ferrous metals industry has constantly maintained a steady, rapid and healthy development since the reform and opening to the outside world. By the end of 1994, the annual output often kinds of common non-ferrous metals such as copper, aluminium, lead, and zinc had reached 3.701 million tons, a 12.2 percent increase over the previous year; the qualification rate of principal products and the output value rate of good quality products all achieved an increase over the previous year. China has entered     

Building Industry in Vigourous Development

Since 1994, a vigourous development has emerged in China's construction thanks to the remarkable progress of our economicreform and the continuous, stable and healthy growth of the national economy The national key construction projects have been speeded up with the improved completion of investment plans and capital funds, compared to 1993. The macro control of real estate has achieved     

China's Nuclear Industry Facing the World

China's nuclear industry has leapt to a new stage in the scientific research and peaceful utilization of nuclear technology since the second boom of its transition from military to civil use in 1980s. Much work has been done through international cooperation, the importation of foreign technology, equipment and capital, and in the opening up of the international market.