AVIC Zhonghang Electronic Measuring Instruments Co Ltd, a subsidiary of Aviation Industry Corp of China Ltd, announced on Wednesday evening that it plans to purchase 100 percent of the equity of AVIC Chengdu Aircraft Industrial (Group) Co Ltd by issuing shares to AVIC.
China will continue to guide state-owned capital to support key industries and areas, and advance the strategic restructuring and professional integration for its state-owned enterprises in 2023.
China has planned more than 60 space launches for the year 2023.
A liquefied natural gas (LNG) vessel docks at the LNG receiving station wharf of China National Petroleum Corp (CNPC) assisted by tugboats at the Caofeidian Port area of Tangshan Port in North China's Hebei province, Jan 11, 2023.
China welcomed its first bulk import shipment of corn from Brazil on Jan 7, opening the Brazil-China corn transport channel.
Construction of the second phase of the Shenhai Yihao ultra-deepsea gas field project started on Dec 30, 2022, marking a further step in China's deepsea oil and gas development.
The C919, China's first homegrown large jetliner, had gained 1,035 orders from 32 customers by the end of 2022, according to the Science and Technology Commission of Shanghai.
CNOOC Limited said on Wednesday that it would raise its production target and capital expenditure budget for 2023, with 9 new projects expected to come on stream this year.
