hina Petrole上海会所品茶微信um and Chemical Corp, the world’s larg
est refiner by volume, has agreed to establish a joint venture with Russia’s Novatek and Gazp
rombank to market natural and liquefied natural gas (LNG) in China, Sinopec said on Thursday.
The agreement, which aims to sell LNG produced by Novatek in the Arctic, was signed fo
llowing talks in Moscow between Russian President, Vladimir Putin, and Chinese President, Xi Jinping.
The agreement will be of considerable economic and social benefit an
d will further diversify China’s natural gas imports, while meeting ever-increasing ga
s demand in the country, said Dai Houliang, China Petrochemical Corp president.
FTSE Russell, a leading global multi-asset index, data and analytics provider, said Satur
day that it will add Chinese A shares to its widely-tracked global benchmarks next month.
The addition will be officially effective after the close of share markets on June 24.
According to the plan of FTSE Russell, this move marks the first stage of incorporatin
g Chinese shares into its indexes. In this stage, 1,097 Chinese stocks, or 20 percent of A shares, will be bro
ught into the indexes, drawing an expected $10 billion from passive investors.
FTSE Russell will add 40 percent of A shares to its indexes in September, and another 40 percent in March next year.
we never doubted him, despite all the ups and downs.”
What players will be chosen by Lippi remains uncertain, but seeking younger talent will be a priority. Lippi led the oldest
team at the Asian Cup this year, with an average age of 30.2 years, and many veterans will retire before the next World Cup.
Lippi’s best shot now is Espanyol striker Wu Lei, who joined La Liga
immediately after the Asian Cup and became the first Chinese player to score in the league.
Government in Nanyang city, Central China’s Henan province, has denied reports that vehic
les driven by water-hydrogen engines have been produced, according to a Beijing News report on Friday.
A Nanyang Daily report on Thursday said that such a vehicle has been produced, saying that the vehic
le consumes water in its engine, and with the help of special catalyst then produces hydrogen to fuel the vehicle.
magazine of the Communist Party of China Central Committee. He said more efforts a
re needed to implement the proactive fiscal policy and boost efficiency this year.
Preventing and defusing local governments’ hidden debt risks is key to controlling major risks, he said.
Innovative financial tools will be introduced for debt swaps, and the indebted comp
anies will be allowed to choose the same way, under guidance from the local governments, Liu Shangxi, hea
d of the Chinese Academy of Fiscal Sciences, the Ministry of Finance’s think tank, told China Daily.
“The total amount of hidden debt waiting to be swapped has not yet been calculated, as this
round of debt swaps will not involve the government’s administrative orders, but depends on the ma
rket’s appetite based on the evaluation of the potential default risks and the companies’ solvency,” he said.
merging jobs related to the digital economy have been and are expected to continue gro
wing quickly in China as digital technology is applied in more fields, said a senior executive from LinkedIn.
New media operators, front-end development engineers, algori
thm engineers, user interface designers, and data analysts were the top five profes
sions with the fastest growing number of practitioners in China on the US-based professional networking site fro
m 2013 to 2017, said Lu Jian, president of LinkedIn China in an exclusive interview with China Daily.
“Digital economy, which has become part of the national strategy, is just unfolding in the country. It won’t surprise us if such jobs con
tinue to draw employees of both genders and in both urban and rural areas in the coming years,” Lu said.