Briefly

Jiangsu posts robust FDI growth

The actual use of foreign direct investment from January to October in East China's Jiangsu province came in at $23.4 billion, up 22.8 percent year-on-year, according to the provincial commerce department. Jiangsu's FDI, in actual use, accounted for about 16.5 percent of China's total, ranking first among all provinces across the country in the first 10 months. Jiangsu has also seen optimized foreign investment structures. During the same period, the actual use of FDI in the province's manufacturing and services sectors reported year-on-year growth of 2.1 percent and 34.6 percent, respectively.

Fuling new shale gas reserves discovered

China Petroleum and Chemical Corp, also known as Sinopec, announced on Monday newly increased proved reserves of its Fuling shale gas field exceed 100 billion cubic meters, which further contributes to the country's energy security against the backdrop of China striving to achieve carbon neutrality by 2060 and peak carbon emissions by 2030.

SOE cares for young staff members

China Tiesiju Civil Engineering Group is devising better ways to care for its 23,360-odd staff members－especially young employees who account for some 60 percent of the total－to help sustain the progress of the 71-year-old State-owned enterprise. As the young are often sent around the world to build projects and thus sometimes encounter trouble finding spouses, one way to care for them is to act a matchmaker to help them find soul mates among other SOEs or government institutions based in Hefei, Anhui province, where CTCE is headquartered. Another way is to offer interest-free loans to each staffer who may happen to have a serious illness, besides basic medical insurance.

Xinhua - China Daily