The new gigantic star-shaped Beijing Daxing International Airport, due to open by Sept 30, will have its domestic and international departure halls stacked vertically. This is the first such design among global airports, and will offer passengers more convenient and faster check-in and transfer services, its designer said on Tuesday.
The Second China International Import Expo to be held on Nov 5-10 in Shanghai will see bigger exhibition areas and wider participation, government officials said at the CIIE road show in Tianjin on Monday.
While China needs more natural gas to meet its surging demand for clean fuel, a lack of storage capacity is making it difficult for the country to cope with supply crunches in winter months when demand surges to heat homes.
China National Petroleum Corp, the country's largest oil and gas company, plans to build 23 new gas storage facilities and expand 10 existing ones by 2030, with a total investment of more than 50 billion yuan ($7.26 billion), as national gas producers nationwide are stepping up investment in gas storage facilities to ensure sufficient gas supply.
Fiscal and tax subsidies for the construction of underground gas storage facilities and improvements to the pricing mechanism for natural gas will help China achieve a more open gas market system, according to industry insiders.
Ralf Scheller, member of the Executive Board of TUV Rheinland AG, an international testing, inspection and certification services provider, believes that the Chinese market is key to the company's growth prospects in providing technological services as a result of the country's fast development.
China's foreign exchange reserves rose to a 14-month high in US dollar terms at the end of June, amid higher asset values and generally balanced foreign exchange supply and demand, the top foreign exchange regulator said on Monday.
The opening-up of the Chinese financial market is reflected by the overseas investors swarming into the Chinese bond market.
China Tower Corp, which manages most of the nation's telecom towers, is working to reduce the construction cost of 5G networks across China by sharing existing public resources as much as possible.
The number of China's centrally administered State-owned enterprises has been reduced to 96 after the central government approved a restructuring plan involving Beijing-headquartered China Poly Group Corp and China Silk Corp, the country's top SOE regulator announced on Monday.
The government's widening of market access for foreign investment in the urban gas and heat-supply pipeline network represents a major opportunity and has been well received by domestic gas companies.
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