2009年1月29日星期四

Energy product imports grow slower

Between January and November, China bought from abroad 240 million tonnes of energy products, a growth of 3.7 percent on the same period of 2007. The growth rate was 9.7 percentage points lower than the year-earlier level.
The imports were valued at 158.6 billion U.S. dollars, up 74 percent.
The total arrivals included 164.52 million tonnes of crude oil, up 9.5 percent, 35.22 million tonnes of refined oil, up 13.1 percent, 2.15 million tonnes of liquefied petroleum gas (LPG), down 43.6 percent, 3.14 million tonnes of liquefied natural gas (LNG), up 18.1 percent, and 38.11 million tonnes of coal, down 18.4 percent.

2009年1月22日星期四

Global financial downturn

And the car industry, one of the major emission producers, has drawn fair attention from the government. Over the last 10 years, China has spent nearly 2 billion yuan (294 million U.S. dollars) developing cars using alternative energies.
During the Beijing Olympics last summer, about 400 electric vehicles and more than 100 hybrid vehicles were used, as part of the government's efforts to raise public awareness about clean energy.
It may not be easy for China to upgrade its economic structure,especially under the current international economic situation. It is equally a serious challenge to maintain an economic growth of 8percent in the world's most populous country as the traditional exports of textiles and manufacturing products declined due to shrinking demand from Western countries.