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A driver fuels a vehicle at a gas station in BeiJing, capital of China, May 24, 2005. The retail price of fuel in BeiJing lowered 0.13 yuan per liter from Tuesday. The State Development and Reform Commission (SDRC) of China decided to cut the oil price by 150 yuan (about 18 US dollars) per ton beginning Tuesday due to the price fluctuations in the global oil markets. |
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UPDATED 10:14, May 25, 2005 |
Coal shortage in China to hit 330 million tons by 2010 |
Experts estimate that China will consume 2.2 billion tons of coal by 2010, causing a shortage of 330 million tons, Wang Xianzheng, vice director of the State Administration of Work Safety, said Tuesday at an annual exposition.
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- OECD urges Italy to undertake structural reforms (08:47, May 25)
- Embattled Yukos to be divided into two operating units (08:46, May 25)
- EU holds "constructive" talks with China on textiles (08:45, May 25)
- OECD urges US to tighten rein on inflation (08:43, May 25)
- HK-origin Textile export duty scrapped (08:27, May 25)
- Textile tariff rise leads to sagging of related stock prices (08:30, May 25)
- China revises Anti-Monopoly Law (08:26, May 25)
- US Fed policy-makers concerned with inflation at last meeting (08:26, May 25)
- OECD urges European Central Bank to lower interest rates (08:25, May 25)
- OECD warns lagging economic growth in major industrialized
countries (08:48, May 25)
- China allows enterprises to sell bonds in interbank market (08:22, May 25)
- S. Africa targets 4.3 percent economic growth in 2005 (08:22, May 25)
- China to depend heavily on foreign oil, gas supply by 2020: expert (08:21, May 25)
- OECD optimistic for Irish economy (08:13, May 25)
- OECD lowers France's economic growth forecast for 2005, 2006 (08:14, May 25)
- OECD urges Germany to accelerate economic reforms (08:15, May 25)
- OECD foresees Japanese economic growth between 1.5, 2.0 percent in 2005, 2006 (08:42, May 25)
- Beijing lowers gasoline prices (08:18, May 25)
- Yuan appreciation a severe setback of Chinese economy: Nobel laureate (08:17, May 25)
- 400 SMEs qualified for listing in Shenzhen (08:14, May 25)
- Turkish President to open transnational oil pipeline (21:58, May 24)
- Myanmar to enhance economic, trade cooperation with Chinese Yunnan province (21:58, May 24)
- Coal shortage in China to hit 330 million tons by 2010 (21:29, May 24)
- China releases minimum purchase prices for rice (21:28, May 24)
- Tenth China Building and Construction Trade Fair opens in Shanghai (21:27, May 24)
- US move to restrict Chinese textile imports really disappointing:
WTO official (21:27, May 24)
- WTO official praises China's commitment to multilateral trading
system (21:26, May 24)
- A.S. Watson recommends cash offer for shares of Merchant Retail (20:03, May 24)
- Northwest China border city to host commodity fair in Pakistan (20:02, May 24)
- China's major coal province to face worst power supply shortage
this summer: official (20:02, May 24)
- HK employees more active in switching jobs (18:33, May 24)
- Germany's economy sees strongest growth in 4 years (18:34, May 24)
- Omron invests in Guangzhou to produce automobile electronic device (17:29, May 24)
- Expressway network covers 1 billion people in China (16:30, May 24)
- Upper reaches of Yangtze River to have 4 new power plants (14:42, May 24)
- China's container handling capacity ranks top of the world (15:39, May 24)
- Macao embraces 1.5 mln visitors in April (11:24, May 24)
- Macao sees stronger consumer index in first 4 months (11:25, May 24)
- MOC promises zero-tolerance on commercial frauds (14:45, May 24)
- On time finish is no pipe dream for LNG project (09:26, May 24)
- Computer giant HP mute over toxin use (09:26, May 24)
- Interest rates of US Treasury bills up this week (08:57, May 24)
- Crude oil futures rise again on later supply concern (08:56, May 24)
- Trade expert urges Chinese, US textile industries to seek win-win
cooperation (08:54, May 24)
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