China's latest policy measures aimed at bolstering growth in the private economy and reforming State-owned enterprises will expand opportunities for private firms within the country, improving the overall economic landscape, according to scholars and business leaders.
Uranium exploration and development efficiency in China has significantly increased over the past few years, with the incremental resource amount in the past 10 years accounting for one-third of China's total confirmed reserves, said a top company official.
NORINCO International Cooperation Ltd. (NORINCO International), a subsidiary of China North Industries Group Corporation Limited (NORINCO Group), signed an EPC general contracting framework contract with UAE-based Awsat Energy for the Dhi Qar Refinery project in Iraq at the Belt and Road CEO Conference of the third Belt and Road Forum for International Cooperation.
At the command center of the Shanghai urban operations management center, real-time data on indicators, such as the total population, traffic conditions, and underpass flooding alerts, are displayed on large screens.
China Petroleum & Chemical Corp, China's largest oil refiner, said on Wednesday that the company has been stepping up gas injection for its natural gas storage facilities nationwide, including the Wei-11 and Wen-23 underground gas storage facilities, to ensure sufficient gas supplies for the spike in demand during the upcoming winter heating season.
China, now home to more than 16 million new energy vehicles, is seeing a stronger domestic uptrend in the installation of charging piles as the nation's NEV sector booms amid its nationwide green transformation.
During the Third Belt and Road Forum for International Cooperation, China Petrochemical Corporation (Sinopec) and Kazakhstan's national oil and gas company KazMunayGas signed a shareholding agreement to invest in the Kazakh polyethylene project, Sinopec announced.
At the Belt and Road CEO Conference, three companies invested by China Chengtong Holdings Group Ltd. (China Chengtong) inked nine agreements with foreign customers, totaling $2.27 billion.
