Govt to Stop Land Supply to Villa Projects

A massive oil deposit of 500 million tons has been discovered in an area near Lanzhou, capital of northwest China＇s Gansu Province, an expert said on December 30.     

China＇s grain output to top 500 min tonnes in 2009

China＇s grain output is expected to top 500 million tonaes for the third consecutive year in 2009, said an official from the Ministry of Agriculture （MOA） on December 2t. The country＇s planting area was expected to increase 34 million mu （2.27 million hectares） this year, the biggest rise since 2006, which was a major contributor to this year＇s grain production growth, said Ye Zhenqin, director with the Planting Industry Management Department of the MOA, at a press conference.     

Shan Dong：Garlic Export Situation and Measures to Expand Exports

China is one of the world＇s major garlic-producing, consumer and exporter countries. The main production bases of China＇s garlic are in Shandong, Henan, Jiangsu and other nlaces. Shandong Province is the main home-town of garlic. The planting area of garlic in Jinxiang, Shandong and its surrounding rural counties is over 100 million Chinese acres.     

Nation＇s Grain Output to Top 490 mln Tons in 2006

China＇s grain output would increase for the third consecutive year to more than 490 million tons in 2006, according to the State Grain and Oil Information Center.     

Rural population to halve in 30 years

China＇s rural population will shrink from the current 900 million to 400 million in 30 years, a top Chinese rural economist estimated.     

China likely to be world＇s largest beer producer for eighth straight year

The China Alcoholic Drinks Industry Association said on August 23 that the country is hopefully to become the world＇s largest beer producer for the eighth straight year this year with the production of 20.5 million tons for the first half.     

Chinese equities edge down at midday with renamed steelmaker＇s tumble

Crude steel production in China, the world＇s largest steel maker, rose 14 percent to a record last year, further complicating this year＇s iron ore negotiations. Steel output rose to 568 million tons in 2009 from 500 million tons in 2008, the National Bureau of Statistics said in a statement on January 21.     

Chinese equities edge down at midday with renamed steelmaker＇s tumble

Crude steel production in China, the world＇s largest steel maker, rose 14 percent to a record last year, further complicating this year＇s iron ore negotiations. Steel output rose to 568 million tons in 2009 from 500 million tons in 2008, the National Bureau of Statistics said in a statement on Januarv 21.     

From made in China to Created in China——The Independent Innovation Road of Yutong

In 1993, Zhengzhou Yutong Group was established on the basis of Zhengzhou Passenger Bus Factory. After over ten years＇ development, by 2005, Yutong＇s sales has broken 20,000, with the sales income of RMB6.6 billion. At the same year, Yutong Group realized export of 1098, with the export value of US$80 million （RMB63 million）, accounting for 19.98% and 34.4% of the national passenger buses export volume and value respectively, accounting for 39% of the export of the same kind of products. Why Yutong can achieve this great result？ China＇s Foreign Trade reporter interviewed Yutong to explore Yutong＇ s road to success.     

Expecting A Brighter Future？

China＇s shipbuilders faced with great difficulties China＇s fledgling shipbuilding industry is set for more hard times as industry insiders have indicated that the global shipbuild- ing industry is unlikely to recover in the near future. New ship- building orders received by China in the first quarter of this year fell 98.3 percent year-on-year to 0.19 million deadweight tons （dwt）, according to Clarkson Research Service. In the first quarter, new orders have fallen by 97 percent to 1.33 million dwt worldwide.     

Serbia,China sign agreement to upgrade thermal plant

China National Offshore Oil Corp will pay A$50 million （US$49 million） for a 50-percent interest in Exoma Energy Ltd＇s coal seam gas blocks in Australia.     

Top 10 steetmakers to produce 60% of the nation＇s steer

According to statistics from the Ministry of Transport, China＇s ports discharged 56 million tons of iron ore in May, 2.5 percent less than that during the same month last year. This is the first time that the iron ore import decreased since 2009.     

Seeking China Capital for Investment in Iran Oil Refining

Influenced by the financial crisis, the overall bilateral trade volume between China and lran decreased .by 39% in the first quarter of 2009;however, the volume of Iran＇s exported crude oil to China has increased by 88% compared with the same period last year up to May of 2009, totaling 308.8 million tons. Iran, as the world＇s No.5 crude exporter, replaced Saudi Arabia as China＇s largest oil supplier. At the same time, China, as the world＇s No.2 oil consumer, now imports half of the crude oil it consumes, and has become Iran＇s third largest customer.     

China＇s reUance on coat to drop 7% by 2015

China Petroleum and Chemical Corp. （Sinopec）, the nation＇s largest oil refiner, said July 20 that it processed 101.45 million tonnes of crude oil in the first half of 2010, up 16.74 percent year on year due to strong growth of the Chinese economy.     

Dihesel shortages hit E. China amid rising demand

China＇s annual production capacity of electric motor vehicles will reach 1 million units by 2020, a senior official forecast in October.     

China＇s factory, construction spending up 27.3%

The ground was broken on August 28 in Guinea-Bissau＇s capital Bissau to start the construction of the country＇s government office building. The project, sponsored by China, will be completed in 20 months with an investment of US$22 million.     

Mazda increases stake in China sales ture

China First Automobile Works（FAW）and Europe＇s auto giant Volkswagen said May 8 they would jointly invest RMB 5 billion（USS735.3million）to build an auto plant in Chengdu,capital of south-west Chin＇s Sichuan Province.     

China＇s Shougang aims for 30 mln-tonne annual capacity

Shougang Group, China＇s eighth largest steel maker, will expand its annual production capacity to 30 million tonnes by 2012 with new projects in Caofeidian and consolidation in other regions, reported China Daily on September 4.     

China＇s BYD aims for country＇s top slot before 2015

China＇s battery and electric carmaker BYD Co. is aiming to become the nation＇s largest passenger car manufacturer ahead of its targeted 2015 schedule, China Daily reported on September 16. The newspaper said, citing a senior company executive, that BYD was also making efforts to fulfill its dream of overtaking Toyota as the world＇s No. 1 carmaker, through annual sales of over 10 million cars by 2025, via a series of ＂prudent＂ moves it made recently.     

Steelmaker eyes ore stake

China＇s apparent consumption of crude steel is likely to reach 596 million tons this year, a year-on-year increase of 5.6 percent, according to a steel association official.