BEIJING, Aug. 29 (Xinhua) -- The Asian Development Bank (ADB) has approved 200 million U.S. dollars worth of loans to help boost environmental management and mitigate ecological and environmental risks in the basin of the Mulan River in east China's Fujian Province.The Mulan River is a main river in Fujian, with a total length of 105 km and a drainage area of 1,732 square km.The project will support county-level integrated environmental management and climate change adaptation action plans, as well as associated capacity building and public awareness improvement, according to the ADB's...
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BEIJING, Aug. 29 (Xinhua) -- China will provide grain planters with subsidies totaling 10 billion yuan (about 1.46 billion U.S. dollars) from its central government budget, the Ministry of Finance said on Monday.The move aims to protect grain planters from the rising prices of farming supplies and further stimulate their enthusiasm for grain planting, the ministry said.One-time subsidies will be allocated to grain producers, including individual farmers, family farms, farming cooperatives, agricultural enterprises and related entities, which are bearing the brunt of the rising costs of agricul...
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SHANGHAI, Aug. 28 (Xinhua) -- The balance of loans in the Yangtze River Delta region was 54.77 trillion yuan (about 8 trillion U.S. dollars) at the end of July, up 14.1 percent year on year.The balance of loans in Chinese yuan reached 53.49 trillion yuan at the end of July, up 14.3 percent year on year, according to the People's Bank of China Shanghai Head Office.The balance of foreign currency loans hit 189.5 billion U.S. dollars at the end of July, up 0.5 percent year on year.The balance of the region's deposits stood at 66.7 trillion yuan at the end of July, up 12.7 percent year on ...
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BEIJING, Aug. 28 (Xinhua) -- The revenue of China National Offshore Oil Corporation (CNOOC), a leading oil and gas producer in China, jumped 84 percent year on year in the first half of this year.The company raked in 202.36 billion yuan (29.55 billion U.S. dollars) of operating revenue during the period, according to a statement filed with the Shanghai Stock Exchange.Net profit attributable to shareholders of the listed company was 71.89 billion yuan, soaring 116 percent from the same period last year.CNOOC attributed the sound performance to its efforts in increasing storage and production, a...
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BEIJING, Aug. 25 (Xinhua) -- China is increasing efforts to consolidate the recovery momentum with a flurry of more decisive supportive measures.The State Council on Wednesday announced 19 follow-up policies to shape greater synergy among the policies already in place. It issued a package of 33 measures in May, covering fiscal, financial, industrial and other fields.China's economy has continued the recovery momentum since June. However, the foundation of economic recovery is 'not solid' due to negative factors, according to a State Council executive meeting chaired by Premier Li K...
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