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1. Qinghai invests RMB 1.5 bln in making precision equipment
China's northwestern Qinghai Province on Saturday began construction of a key equipment manufacturing industrial park in Ledu County that will cover 10,000 Mu, the official Xinhua News Agency reported.The industrial park will contain a precision equipment manufacturing base and related factories. An existing
13 April 2009
2. Qinghai oilfield's output to reach 10 mln tons in 2010
Qinghai oilfield, which is located in Qaidam Basin in China's Qinghai Province, plans to reach oil and gas output of 10 million tons in 2010, sources reported.The yield of oil and gas in the Qinghai oilfield hit 5.87 million tons last year. The oilfield's output of natural gas was 4.6 billion cubic meters, much higher than
6 Feb 2009
3. CDB signs cooperation agreement with Qinghai Gov't
China Development Bank (CDB) has signed a financial cooperation agreement with the government of China's northwestern Qinghai Province, sources reported.Under the terms of the agreement, CDB will grant up to RMB 120 billion line of credit to Qinghai Province in a bid to support new infrastructure
21 Jan 2009
4. Western Mining 2007 profit jumps 12%
China's second-largest producer of lead concentrate Western Mining Co<601168> said 2007 net profit rose 12% from the previous year thanks to higher metal prices. The Xining, Qinghai province-based company recorded a net income of RMB 1.726 billion (US$247 million), or RMB 0.8 apiece, last year, with
10 April 2008
5. China western regions see big increase in foreign investment
China's western regions actually used US$1.393 billion foreign investment in the first two months this year, more than twice of the same period last year, according to sources. The increase was 128% over the country's average in the period. A total of 254 foreign companies got the approval to invest
7 April 2008
6. Baidu, Omniture form strategic alliance
Nasdaq-listed leading Chinese search engine Baidu.com and Omniture Inc., a leading provider of online business optimization software, have agreed to form a mutually beneficial alliance to integrate their technologies so as to allow marketers direct access to the Chinese online market. The technology
13 March 2008
7. United Co Rusal, China Power join hands in plant building
United Co Rusal, the world's largest aluminum producer, and China Power Investment Corp has agreed to work together to build aluminum refineries in China and Africa, market sources reported. Under the items of the memorandum signed by the two parties, the Russian firm will be a partner with China Power
12 Feb 2008
8. PetroChina forecasts surge in oil output
PetroChina <857>, China's leading oil and gas provider, said its Qinghai field in northwest China is expected to produce 10 million tons of oil equivalents by 2010, announced the firm's parent company, China
9 Oct 2007
9. Luxury car makers eye China's west
The world's luxury car makers show their growing interest in West China, which could be evident at the coming Chengdu Motor Show 2007 held in Chengdu, capital city of Sichuan Province in Northwest China
19 Sept 2007
10. Alcan to build smelters in NW China
Alcan Inc, which has reached a friendly takeover deal with Rio Tinto Group to become the largest aluminum producer in the world, plans to build smelters in northwest China, said Pierre Arseneault, vice president
11 Sept 2007
11. Western mining IPO raised RMB 6.2 billion
Leading mainland producer of zinc, nickel and copper, Western Mining Co., raised RMB 6.2 billion in its debut initial public offering in Shanghai after fixing its price at the higher ceiling of its indicative range between
9 July 2007
12. Qinghai-Tibet Railway brings investment to Tibet
The Qinghai-Tibet Railway has boosted Tibet’s domestic and foreign investment since its opening last year, local authorities reported. Since the opening of the railway Jul. 1, 2006, Tibet has approved the
2 July 2007
13. Qinghai consumer market shrugs off-peak season
Despite Qinghai being in the off-peak season, sales of consumer goods have been rising steadily during this period due to efforts by enterprises to adjust its product mix. Sales of
5 June 2007
14. China promotes western region to foreign investors
China is encouraging foreign investors to invest in six specific industries in an effort to boost the development of the country's western regions, reported People's Daily. The six industries are: energy and chemicals;
8 May 2007
15. CITIC Guoan Information expands chemical project for RMB 4 bln
CITIC Guoan Information <000839>, a Shenzhen-listed Mainland cable television operator, plans to invest more than RMB 4 billion to expand its chemical project at a salt lake in Qinghai province. CITIC Guoan
9 April 2007
16. Airport upgrades and building in west China to reach RMB 52 bln
Investment in the airports of China's western region will reach RMB 52 billion during the period of the 11th Five Year Plan, according to the General Administration of Civil Aviation of China (GACA).
19 March 2007
 
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