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China to subsidize oil firms to ease shortage |
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Written by Administrator
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Monday, 10 December 2007 |
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BEIJING, Dec. 6 (InfoChina) -- China will offer subsidies to domestic oil companies to offset high international oil prices amid efforts to ensure market supplies, the nation's top economic planning agency said on Wednesday. |
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China to tackle five major problems in national economy next year |
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Written by Administrator
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Monday, 10 December 2007 |
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BEIJING, Dec. 6 (InfoChina) -- China's just concluded economic conference identified five major problems in the national economy in a bid to better steer the country's economic growth in the coming year. |
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China to adopt tighter monetary policy in 2008 |
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Written by Administrator
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Monday, 10 December 2007 |
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BEIJING, Dec. 6 (InfoChina) -- China concluded its three-day 2007 Central Economic Work Conference on Wednesday with a pledge to shift its monetary policy from "prudent", an approach it has followed for the last ten years, to "tight". |
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PetroChina A-share and H-share rebound on anticipated oil price hike |
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Written by Administrator
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Monday, 10 December 2007 |
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BEIJING, Dec. 5 (InfoChina) – PetroChina (PTR.NYSE; 0857.HK; 601857.SH) A-share and H-share Wednesday presented an obvious bounce due to both technical need and market anticipation that crude price may keep rising. |
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CNPC to expand oil and gas presence in central China |
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Written by Administrator
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Monday, 10 December 2007 |
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BEIJING, Dec. 5 (InfoChina) – China National Petroleum Corporation (CNPC) has signed a framework cooperative contract with central China’s Henan province to expand the company’s grip on central China region. |
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