The market-oriented reform of the country's oil and gas sector will give the market a decisive role in the industry, allowing broader participation in a sector dominated by State-owned companies, analysts said.
The rapid development of financial technology has seen listed Chinese banks continue a major drive to transform their branches and reform their operations, according to the findings of a report issued on Monday by Ernst & Young.
China Petroleum & Chemical Corp, also known as Sinopec, the world's largest refiner, believes that by deepening cooperation with countries and regions taking part in the Belt and Road Initiative, it can reshape the petroleum and petrochemical industry.
The world's largest refiner, China Petroleum & Chemical Corp, also known as Sinopec, and Russia's Rosneft Oil said they will deepen cooperation to stengthen their joint venture Udmurtia Petroleum Corp.
Unipec Singapore Pte Ltd, a trading unit of China Petroleum & Chemical Corp, or Sinopec, said it was confident that for the sixth year in a row, its oil and gas turnover will likely increase by 10 percent in 2017.
China Petroleum & Chemical Corp, or Sinopec, has played down concerns about potential risks to the value of its investment in the Apache project in Egypt.
Chinese banks seem to be facing a "best of times, worst of times" moment.
The profitability prospects of China's big banks have improved in the first quarter of this year after the country's economy picked up steam during the period while smaller banks will see greater capital and liquidity pressure amid tightened regulation, analysts said.
BEIJING - Chinese listed banks' nonperforming loans or NPLs in 2016 remained a concern, and they sought to tackle them through a variety of methods, according to a report of PricewaterhouseCoopers.
Chinese garment manufacturer Dayang Group Co Ltd is focused on building the world's biggest online platform for custom-made suits. For, in the words of Hu Dongmei, CEO of Dayang, "made-to-measure is the future of apparel".
GUANGZHOU - At Area 15.1 of the sprawling Canton Fair in Guangzhou, the capital of southern China's Guangdong province, exhibitors from India, Pakistan and Turkey touted their wares to global buyers last fortnight.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
