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AsiaInfo Services articles from February 2009

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<a href="http://www.highbeam.com/AsiaInfo+Services/publications.aspx?date=200902" title="Articles and back issues from AsiaInfo Services">AsiaInfo Services articles</a>

AsiaInfo Services back issues from February 2009:

TIANJIN TO ADD INVESTMENT IN AGRICULTURE IN 09

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Tianjin to Add Investment in Agriculture in 09 TIANJIN, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- The government of North China's Tianjin Municipality is to invest CNY 4.57 billion in the agriculture, forestry, and water ...

CHINA ADDS COTTON PURCHASE TO BOOST MARKET PRICES

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 China Adds Cotton Purchase to Boost Market Prices BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China added the purchase of cotton in the domestic market, in attempt to boost the cotton prices. According to the National ...

XINJIANG TO BUILD 1,000 STANDARDIZED RURAL SHOPS IN 09

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Xinjiang to Build 1,000 Standardized Rural Shops in 09 URUMQI, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Northwest China's Xinjiang Autonomous Region plans to build and upgrade 1,000 standardized farm-house stores in 2009, in a bid ...

CHINA REFORMS CHEMICAL FERTILIZER PRICING SYSTEM

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 China Reforms Chemical Fertilizer Pricing System BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China is accelerating the formation of a market-oriented chemical fertilizer pricing mechanism, in a bid to promote the sustainable ...

PRICES OF LIVE PIGS EXPECTED TO SLUMP IN CHINA IN Q2

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Prices of Live Pigs Expected to Slump in China in Q2 BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Prices of live pigs are likely to drop sharply again, due to rising supplies, in China in the second quarter of 2009, according ...

CHINA TO ENHANCE PROTECTION FOR AGRICULTURE

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 China to Enhance Protection for Agriculture BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China will put more efforts into supporting and protecting the development of the agriculture in 2009, said the State Council, the ...

CHINA TO STBALIZE DEVELOPMENT OF AGRICULTURAL SECTOR IN 09

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 China to Stbalize Development of Agricultural Sector in 09 BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China plans to take steps to promote the stable development of the agricultural sector and lift income of rural residents ...

HEILONGJIANG AGRICULTURE 5 BRANCHES AWARDED BY AGRICULTURE

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Heilongjiang Agriculture 5 Branches Awarded by Agriculture HEILONGJIANG, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Qixing branch of Heilongjiang Agriculture Company Limited (SHSE: 600598) is awarded "National Grains Production ...

CHINA SAID TO CUT QDII ISSUE SIZE

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 China Said to Cut QDII Issue Size SHANGHAI, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- The State Administration of Foreign Exchange (SAFE), the top Chinese foreign exchange regulator, is said to cut the QDII issue sizes of some ...

CHINA BANKS REQUIRED TO SERVE MORE SMALL FIRMS

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 China Banks Required to Serve More Small Firms BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Liu Mingkang, chairman for the China Banking Regulatory Commission (CBRC), lately emphasized that domestic commercial and policy ...

ABC DENIED INTRODUCTION OF CREDIT AGRICOLE GROUP

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 ABC Denied Introduction of Credit Agricole Group BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Sources said that Agricultural Bank of China (ABC) would introduce the French financial services provider Credit Agricole Group as ...

ICBC ADJUSTS PRE-OWNED HOME LOAN INTEREST RATE

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 ICBC Adjusts Pre-owned Home Loan Interest Rate BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Industrial and Commercial Bank of China (ICBC; SHSE: 601398; SEHK: 1398), one of the country's top four joint-stock commercial ...

INTEREST RATE CUT ERODES LENDERS' PROFITS

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Interest Rate Cut Erodes Lenders' Profits SHANGHAI, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- The 30 percent discount off the benchmark interest rates on personal housing mortgage loans is expected to erode CNY 20 billion profits ...

LISTED BANKS EXPECT BETTER PERFORMANCE UNDER LESS PRESSURE

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Listed Banks Expect Better Performance under Less Pressure BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Fourteen Chinese listed commercial lenders are expected to achieve better-than-expected performance in the first three ...

CHINA JAN NEW LOANS TO RECORD HIGH

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 China Jan New Loans to Record High BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- New loans at banking institutions in China reached CNY 900 billion in the first 20 days of January 2009, a record high following a peak of CNY ...

RENMINBI EXCHANGE RATE PREDICTED TO HIT BOTTOM IN JUNE 09

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Renminbi Exchange Rate Predicted to Hit Bottom in June 09 SHANGHAI, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Two chief analysts of Banque de l'Indochine, a note-issuing bank based in Paris, lately forecasted that the renminbi-US ...

ICBC DELAYS PRE-OWNED HOME LOAN INTEREST RATE ADJUSTMENT

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 ICBC Delays Pre-owned Home Loan Interest Rate Adjustment BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Industrial and Commercial Bank of China (ICBC; SHSE: 601398; SEHK: 1398) originally intended to adjust its preferential ...

CHINA INTER-BANK BANKCARD PAYMENT JAN 25-31 REACHED CNY39BN

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 China Inter-bank Bankcard Payment Jan 25-31 Reached CNY39bn BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- The China UnionPay bankcards facilitated a total domestic inter-bank trading value of CNY 38.84 billion during the 2009 ...

CHINESE GOVERNMENT TO POUR USD30BN INTO ABC

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Chinese Government to Pour USD30bn into ABC BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Chinese Premier Wen Jiabao lately said that the Chinese government planned to inject USD 30 billion into Agricultural Bank of China ...

HUAWEI TOPS THE LIST OF MAJOR PATENT HOLDERS

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Huawei Tops the List of Major Patent Holders SHENZHEN, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Chinese telecom equipment maker Huawei Technologies outpaced Philips to get onto the top of the list of major patent holders 2008, ...

NEUSOFT EXPECTS AN INCREASE OF 20%

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Neusoft Expects An Increase of 20% SHENZHEN, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Liu Jiren, founder and chairman of Neusoft Group, China's biggest software outsourcing service provider, expected lately an increase of 20% in ...

HAIER GROUP 2008 GLOBAL TURNOVER HIT CNY122BN

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Haier Group 2008 Global Turnover Hit CNY122bn QINGDAO, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Chinese home appliance bellwether Haier Group reaped a global turnover of CNY 122 billion in 2008, climbing 8% from ...

LIU JIREN: NEUSOFT 2009 PROFIT TO RISE OVER 20%

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Liu Jiren: Neusoft 2009 Profit to Rise over 20% SHENYANG, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Neusoft Corporation (SZSE: 600718)'s profit for 2009 is expected to grow 20% at least, Liu Jiren, founder and board chairman of the ...

DFM, FREESCALE JOIN HANDS ON AUTO ELECTRONICS

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 DFM, Freescale Join Hands on Auto Electronics WUHAN, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Dongfeng Motor Corp. (DFM) and Freescale Semiconductor, Inc. recently reached a cooperation agreement to jointly set up an automotive ...

GOME LIKELY TO ISSUE NEW SHARES

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 GOME Likely to Issue New Shares BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- GOME Electrical Appliances Holding Ltd. (SEHK: 0493) is in talks with potential investors in a bid to issue new shares for capital injection, ...

LENOVO AGREES TO BUY SWITCHBOX LABS

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Lenovo Agrees to Buy Switchbox Labs BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Lenovo Group Limited (SEHK: 0992) has agreed to acquire US-based information technology (IT) company Switchbox Labs Inc., announced the Chinese ...

GOME, SUNING HEADING DIFFERENT DIRECTIONS IN 09

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Gome, Suning Heading Different Directions in 09 BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China's top two household appliance retailers are mulling disparate development strategies in 2009, predicted market ...

LENOVO TO SLASH JOBS IN SOUTH AMERICA

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Lenovo to Slash Jobs in South America BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Lenovo Group Limited (SEHK: 0992) will cut jobs in South America operation as part of a planned global layoff, said a spokesperson for Lenovo ...

ANALYSTS: LENOVO SUFFERED QUARTERLY LOSS

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Analysts: Lenovo Suffered Quarterly Loss HONG KONG, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China's largest personal computer maker Lenovo Group Ltd. (SEHK: 0992) was estimated to suffer a loss for the first quarter ended ...

CHINA PROMOTES HOME APPLIANCE IN RURAL AREAS NATIONWIDE

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 China Promotes Home Appliance in Rural Areas Nationwide BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China is scheduled to kick off a household appliance promotion program in the rural areas across the country from this ...

KINGSOFT TO DIVIDE ITSELF INTO 3 COMPANIES

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Kingsoft to Divide Itself into 3 Companies SHANGHAI, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Kingsoft Corporation Limited (SEHK: 3888) unveiled a plan to spin off its online game, office software, and security software businesses ...

BYD JUMPS INTO NETBOOK BUSINESS

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 BYD Jumps into Netbook Business SHENZHEN, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- The Netbook sales boom is casting a light on the deeply-troubled Chinese mobile phone makers. BYD Electronic International Company Limited ...

LENOVO TO DIVERSIFY ITS PRODUCT LINES

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Lenovo to Diversify Its Product Lines SHENZHEN, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- William Amelio, chief executive officer of Chinese PC maker Lenovo, said during the Davos World Economic Forum 2009 that the company would ...

SIEMENS TO BET MORE ON CHINA

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Siemens to Bet more on China SHENZHEN, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Siemens said yesterday that it would bet CNY 1.35 billion more in China in the coming three years on alternative energy. It would use the money to ...

VIMICRO SETS NEW RECORD

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Vimicro Sets New Record SHENZHEN, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Vimicro International, a top-ranking multimedia chip maker in China, has sold over 100 million mobile phone multimedia chips globally. It represents ...

BEIJING 3C RETAILING MARKET FACES RESHUFFLE

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Beijing 3C Retailing Market Faces Reshuffle BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- 3C retail chains begin to face pressures from high costs brought by fast expansion in the past years, as the worldwide financial crisis ...

CNY117.74BN TO BE PUMPED INTO ZHEJIANG'S INFRASTRUCTURE

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 CNY117.74bn to Be Pumped into Zhejiang's Infrastructure HANGZHOU, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- The eastern Chinese province of Zhejiang plans to invest as much as CNY 117.74 billion in 50 transportation, energy, and ...

CHINA HOUSE SALES SLUGGISH AT SPRING FESTIVAL

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 China House Sales Sluggish at Spring Festival BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Many first-tier Chinese cities witnessed their real estate markets suffer cold sales during the 2009 Spring Festival vacation from ...

GUANGZHOU SPRING FESTIVAL HOUSE SALES DOWN 20%

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Guangzhou Spring Festival House Sales Down 20% GUANGZHOU, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- The Guangzhou real estate market witnessed an over 20% year-on-year decrease in the trading volume during the 2009 Spring Festival ...

CHINESE LENDERS LAUNCH NEW CREDIT PRODUCTS TO SPUR DEMAND

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Chinese Lenders Launch New Credit Products to Spur Demand BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- A batch of banks in China have launched a variety of credit products to court customers in face of the lingering financial ...

BANKS OFFER VARIOUS MORTGAGE REPAYMENT SOLUTIONS

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Banks Offer Various Mortgage Repayment Solutions SHANGHAI, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Commercial banks in China are making a wide range of personal housing mortgage products, which enable house buyers to repay ...

NINGXIA 2008 HOUSE PRICE HIKED 10.2%

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Ningxia 2008 House Price Hiked 10.2% NINGXIA, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- House price in Ningxia, an autonomous region in northwestern China, went up 10.2 percent in 2008, and the growth rate was 5.7 percentage points ...

309 REAL ESTATE AGENCIES WITHDRAW IN 2008

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 309 Real Estate Agencies Withdraw in 2008 UANGZHOU, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Total 309 real estate agencies in Guangzhou city withdrew in 2008, compared with about 200 ones in the past. Guangzhou State Land ...

POSSIBILITIES IN CHINA PROPERTY MARKET

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Possibilities in China Property Market BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Recession of the Chinese real estate market may speed up in 2009 and the revival may come earlier than expected, said Ni Pengfei, head of ...

FOUR GOALS FOR CHINA'S TEXTILE INDUSTRY

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Four Goals for China's Textile Industry SHENZHEN, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Wang Tiankai, vice president at the China National Textile & Apparel Council, says that China's textile industry has set four goals for ...

APPLIANCE SALES SOAR IN RURAL AREAS

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Appliance Sales Soar in Rural Areas SHENZHEN, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- The purchasing power of rural residents in China has been increased seven times by the government-subsidized home appliances ...

CHINA 7-DAY CONSUMER PRODUCTS RETAIL SALES TOTALED CNY290BN

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 China 7-day Consumer Products Retail Sales Totaled CNY290bn BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China's retail sales of consumer products amounted to CNY 290 billion in the seven-day Spring Festival holiday from ...

CHINA 08 JAN-NOV CONSUMER PRODUCT RETAIL SALES UP 21.9%

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 China 08 Jan-Nov Consumer Product Retail Sales Up 21.9% BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China saw its consumer product retail sales amount to CNY 9.7759 trillion in the first eleven months of 2008, up 21.9% from ...

BAILIAN GROUP INCREASES HOLDINGS IN LIANHUA SUPERMARKET

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Bailian Group Increases Holdings in Lianhua Supermarket BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Shanghai Industrial Holdings Limited (SEHK: 0363) recently said in a statement that it inked an agreement with Bailian Group ...

SHANGHAI 7-DAY RETAIL SALES REACHED 4.272BN

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Shanghai 7-day Retail Sales Reached 4.272bn SHANGHAI, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- 389 large- and medium-sized companies in Shanghai accumulatively achieved retail sales of CNY 4.272 billion in the seven-day Spring ...

CHINESE SHOE MAKERS GRAPPLING WITH CHALLENGES

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Chinese Shoe Makers Grappling with Challenges SHENZHEN, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- An official from the Ministry of Industry and Information Technology says that Chinese shoe makers are grappling with several ...

OCJ SHOPPING RECORDS CNY 210MN IN SALES LAST MONTH

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 OCJ Shopping Records CNY 210mn in Sales Last Month SHENZHEN, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Oriental CJ Shopping Company, known as the first TV shopping company in China, recorded CNY 210 million in sales last month, ...

CHINA'S TOURIST MARKET IN GOOD SHAPE

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 China's Tourist Market in Good Shape SHENZHEN, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- The effect of the global financial crisis is limited to the tourist market in China. The National Tourism Administration expects an increase ...

PAPER-MAKING INDUSTRY EXPECTED TO RECOVER IN 2010

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Paper-making Industry Expected to Recover in 2010 SHENZHEN, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Growing at the pace of 18% each year for eight consecutive years, China has outpaced the U.S. to be the biggest paper maker in ...

POWER GENERATION EQUIPMENT OUTPUT FELL IN CHINA

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Power Generation Equipment Output Fell in China BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China's power generation equipment production reached 97.8248 million kilowatts in the first three quarters of this year, dropping ...

THREE CHINESE OIL GIANTS VYING FOR GAS PIE

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Three Chinese Oil Giants Vying for Gas Pie CHANGSHA, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China's three biggest oil and gas producers, including China Petrochemical Corporation (Sinopec Group), are busy expanding their market ...

GUODIAN CHANGYUAN TO BUILD STRAW-BURNING GENERATOR SET

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Guodian Changyuan to Build Straw-burning Generator Set SHASHI, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Guodian Changyuan Electric Power Co., Ltd. (SZSE: 000966), a listed subsidiary of China Guodian Corporation, plans to install ...

HUANENG LANCANG RIVER HYDROPOWER SAW INPUT TOP CNY10BN IN 08

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Huaneng Lancang River Hydropower Saw Input Top CNY10bn in 08 KUNMING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Yunnan Huaneng Lancang River Hydropower Co., Ltd. invested CNY 13.9 billion in infrastructure construction in 2008, ...

SINOPEC TO CREATE 10MN-TON OILFIELD IN XINJIANG

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Sinopec to Create 10mn-ton Oilfield in Xinjiang XINJIANG, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China Petroleum & Chemical Co., Ltd. (Sinopec; SEHK: 0386; SHSE: 600028) plans to invest additional CNY 10 billion in its ...

CHINA 08 PETROLEUM CONSUMPTION UP 11.9%

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 China 08 Petroleum Consumption Up 11.9% BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China aggregately consumed 215 million ton of petroleum in the entire 2008, increasing 11.9% from a year earlier, and the growth was 5.0 ...

CHINA PROSPECTED OIL RESERVE HITS 108.6BN TONS

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 China Prospected Oil Reserve Hits 108.6bn Tons BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China's 115 onshore and offshore basins have prospected petroleum reserves of 108.6 billion tons, including 93.4 billion tons onshore ...

CNPC COPYING SALES MODE OF SINOPEC GROUP?

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 CNPC Copying Sales Mode of Sinopec Group? BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China National Petroleum Corporation (CNPC), one of the country's three biggest oil and gas giants, confirms the consolidation of its ...

SHANGHAI ELECTRIC, SIEMENS INKED PURCHASE & SALES AGREEMENT

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Shanghai Electric, Siemens Inked Purchase & Sales Agreement SHANGHAI, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Chinese electric power equipment giant Shanghai Electric Group Co., Ltd. (SHSE: 601727; SEHK: 2727) today announces ...

SHENGLI OILFIELD SAW OIL RESERVE SURGE IN 08

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 Shengli Oilfield Saw Oil Reserve Surge in 08 DONGYING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Shengli Oilfield affiliated to China Petroleum & Chemical Corporation (Sinopec Corporation, SHSE: 600028, SEHK: 0386 and NYSE: ...

CHINA OIL PRODUCT CONSUMPTION GREW FASTER THAN CRUDE OIL

Feb 02, 2009 ... AsiaInfo Services 02-02-2009 China Oil Product Consumption Grew Faster than Crude Oil BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China consumed 365 million tons of crude oil in 2008, 5.8% more than that in 2007, but the growth decelerates 1.5 ...