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ICBC Launches Commodity Finance Service to Support the Growth of SME: In recent years, ICBC has been moving aggressively to extend short-term loans pledged under bulk commodities as commodity finance solution to small-and-medium enterprises (SME). The service aims to assist some SME who wish to get bank loan but unable to provide immovable property ...

ICBC Has over RMB 500 billion of Trade Finance Balance: Beginning from 2010, ICBC has taken trade finance as a strategic highlight to adjust its credit structure and moved aggressively on trade finance to replace the conventional liquidity loans. Growth of trade finance business has been impressive since then. ICBC held the top spot ...

X120 longitudinal submerged arc-welded pipe manufactured: A 914 16mm grade X120 longitudinal submerged arc-welded pipe was successfully manufactured in April by the 1st Machinery Works of CNPC Huabei Petroleum. X120 is by far the highest grade of steel used for pipes, which is characterized by its high intensity, excellent elastic ...

CNPC's steel pipe manufacturing recombined: On July 14, the Steel pipe Factory of China Petroleum Pipeline Bureau was wholly transferred to Baoji Petroleum Steel Pipe Co., Ltd., a subsidiary of China Petroleum Material & Equipment Corporation, marking the first successful recombination of CNPC s steel pipe manufacturing. ...

China Textile Industrial Engineering Institute merges into CNPC: On the approval of the State Council of the People's Republic of China, China Textile Industrial Engineering Institute has merged into CNPC and became one of its wholly owned subsidiaries. China Textile Industrial Engineering Institute is the only state-level survey and design ...

CNPC provides "fuel for life": At 5pm on May 18, the heartening news arrived that CNPC's service station in Wenchuan County, the epicenter of the Sichuan earthquake, had reopened. As a result, oil supplies have been completed restored to all of the quake-hit counties in the southwestern province. Hundreds of ...

The 5th NOC Forum held in Beijing: Jointly hosted by three Chinese oil companies to promot reciprocal cooperation and common development. CNPC President Jiang Jiemin delivered a keynote speech. On November 7-9, Presidents, CEOs or their representatives of national oil companies form 20 countries and regions ...

A 1Mt/a aromatic hydrocarbon plant becomes operational at Urumqi PertoChemical: On July 19, PetroChina Urumqi PertoChemical Company's 1Mt/a paraxylene aromatic hydrocarbon plant became operational in the capital city of Xinjiang Uygur Autonomous Region. With a total investment of RMB 3.7 billion, the plant is composed of eight units and will produce one ...

Framework agreement signed between CNPC and CNAF on aviation kerosene supply: On February 17, CNPC and China National Aviation Fuel Group Corporation (CNAF) signed an annual framework agreement on supplying aviation kerosene in Beijing. CNPC Vice President Zhou Jiping, who is also President of PetroChina, and CNAF President Sun Li delivered speeches at the ...

CAEM 3Is in 2003: CAEM 3Is Action in Wuhan Iron and Steel Group Corp The CAEM 3Is action in Wuhan Iron and Steel Group Corp (WISGC) started on July 13, 2003 and ended on July 17. Vice-President Wang Dianzuo and other six CAE members as well as eight invited experts took part in the activity. ...

Main Study Report in 2003: Mid-Term Evaluation of Key National S&T Projects According to the requirements of the Ministry of Science and Technology, the main purpose of the mid-term evaluation work is to examine and evaluate the implementation of the important scientific and technological projects during ...

Main Study Report in 2001: Since the August of 1999, the CAE had organized more than 30 its members and experts in the fields of auto-industry, industrial economy, petroleum industry, traffic programming and environment protection to conduct a study project on China s private vehicle development in 21st ...

The Chemical, Metallurgical and Materials Division under the CAE signs an agreement on cooperation with the government of the city of Laiwu: With the gradual readjustment and optimization of its economic structure, the city of Laiwu has increasingly prominent advantages in industries like iron and steel, chemical engineering and new materials. To further strengthen the industrial advantages of the city in its new ...

The CAE members Laiwu Tour is held successfully: Gan Yong, head of the Chemical, Metallurgical and Materials Engineering Division of the CAE and president of the Iron and Steel Research Institute, led a group of eight academicians and nine experts from such engineering fields as iron and steel materials, new materials, powder ...

CAE Members and experts go to Xinjiang to conduct technological consultations: From July 30 to August 7, an experts group consisting of President Xu Kuangdi and more than 20 CAE members went to Xinjiang by invitation to conduct technological consultations concerning such issues as developing and protecting agriculture and water and soil resources in the ...

The State Council listened to CAE s report on achievements in Research on Technologies and Measures for Preventing and Handling Coal Mine Disasters and praised it highly: On July 26, 2006, Hua Jianmin, state councilor and secretary general of the State Council, listened to the CAE s report on achievements in research on the consultation project Research on Technologies and Measures for Preventing and Handling Coal Mine Disasters. Xu Kuangdi, ...

Xu Kuangdi is elected foreign associate of the National Academy of Engineering, USA: Recently, the American National Academy of Engineering (NAE) announced that CAE President Xu Kuangdi has been elected foreign associate of the (NAE) due to his important achievements in engineering technologies, especially his outstanding contributions to t in the iron and steel ...

Consultative Research on the Development Strategies of China's Oil and Gas Resources -Hou Xianglin and Zhao Yongzhi: The Strategic Research on China s Sustainable Development of Oil and Gas Resources is a soft-science research project closely related to the future supply and demand and security of oil and gas. Entrusted by the State Council and organized by the Chinese Academy of Engineering ...

CAE members and specialists make an investigation of phosphorous chemical industry: From Dec 21 to 23, 2004, CAE member Jin Yong led a group that made a study of the development of the phosphorous chemical industry in Guizhou Province, with a focus on difficult technical problems and technical innovation of local enterprises. Six CAE members: Jin Yong, Chen ...

The 2005 China (Zibo) New Materials Technology Forum and Members Scientific & Technological Trip to Zibo Bear Rich Fruits: From September 5 to 10, 2005, the 2005 China (Zibo) New Material Technology Forum and the Members Scientific & Technological Trip to Zibo, jointly sponsored by the CAE and the Shandong Provincial People s Government, and jointly organized by the Division of Chemical, Metallurgica...

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