Archive for July, 2008
China Green Carbon Fund established in Beijing
On July 20, the founding ceremony of a “green carbon fund”, jointly sponsored by CNPC, the State Forestry Administration and China Green Foundation, was held in the Great Hall of the People. The Chinese government ... Read More
Anti-HIV therapy boosts life expectancy by 13 years
The life expectancy for patients with HIV has increased by more than 13 years since the late 1990s thanks to advancements in anti-retroviral therapy, according to a new study published Friday. Researchers from University of ... Read More
China’s Darfur policy in tune with law, morality
The International Criminal Court (ICC) recently charged Sudanese President Omar Hassan al-Bashir with genocide and crimes against humanity and thus once again stirred up a controversy over issues of international law and ... Read More
Energy, Emission Controls Fizzle for Chinese Industries
The central government has conducted a major inspection of local efforts to meet energy efficiency and emissions targets. The results were disappointing. Will plans to further tighten controls be effective? By staff reporters ... Read More
Govt clears $5.4b World Bank loan
The government has approved the World Bank’s $5.44 billion lending agenda for China for 2009-11 fiscal year, according to the National Development and Reform Commission (NDRC). The bank may provide further support for the ... Read More
Cotton imports slide on slackening textile exports
As a major textile producer, China is the world’s largest cotton importer, but its appetite for the fiber has been affected by weaker growth in textile exports, official statistics show. China imported 211,000 tons of ... Read More
Zimbabwe ruling ZANU-PF: figure to lead unity govt must be Mugabe
HARARE - Zimbabwe ruling ZANU-PF has said figure to lead a unity government in the country must be President Robert Mugabe, state media the herald reported on Friday. The state-owed newspaper said the ruling ZANU-PF held a ... Read More
China-NZ free trade agreement passed in parliament
The New Zealand parliament on Thursday passed the third and final reading of the New Zealand Free-China Trade Agreement Bill. The Bill was passed by 104 votes to 17. The free trade agreement was signed in Beijing in early ... Read More
Banks’ QDII funds suffer overseas losses
Affected by the depressed overseas market amid the US sub-prime mortgage crisis, domestic wealth management products under the qualified domestic institutional investor (QDII) scheme have suffered heavy losses. Statistics on ... Read More
China to name envoy to ASEAN
China has decided to send an ambassador to the Association of Southeast Asian Nations (ASEAN) in a bid to intensify cooperation between the two sides, China’s top diplomat said yesterday. China is willing to conduct ... Read More
Sinopec sees limited benefits from recent oil price declines
Sinopec, the listed refining unit of the China Petroleum and Chemical Corp, hasn’t really benefited from recent declines in global crude oil prices, because its refining costs still far exceed domestic oil product prices, ... Read More
Power production rises by 13%By Wan Zhihong
China’s major power plants produced 1.68 trillion kWh of electricity in the first half of this year, a year-on-year increase of 12.9 percent, said the China Electricity Council (CEC). Over this period, coal-fired power ... Read More
China’s helpful role in the new world order
Last December, a full seven years after the last summit of EU and African leaders held in Cairo in 2000, the long postponed EU-Africa summit finally took place again in Lisbon. Europe is Africa’s single largest trading ... Read More