Shenzhen liquefied gas imports up
MORE than 5.81 million tons of liquefied gas worth US$2.1 billion were imported through Shenzhen ports in the eleven months to November this year, up 21.7 percent over the same period last year, according to Shenzhen Customs statistics.
The average import price was US$361.5 per ton, year-on-year growth of 55.9.
China targets 11% industrial output growth
CHINA was targeting growth in industrial output of 11 percent next year, slowing from an expected 15 percent pace in 2010, the Xinhua news agency reported, quoting Li Yizhong, minister for industry and information technology.
Li also estimated that investment in industries under the ministry, including information technology, would rise 19 percent next year, Xinhua said. He gave the forecasts at the annual work meeting of the ministry. The ministry was targeting a 4 percent reduction in energy consumption per unit of industrial output next year, the report said.
SouFun to buy former AIG building
SOUFUN Holdings Ltd., a Beijing-based operator of home-furnishings Web sites, agreed to buy a Lower Manhattan building once owned by American International Group Inc. (AIG) for US$46 million.
SouFun plans to purchase 72 Wall St., which once served as AIG s training center, according to a statement issued over the weekend by the company. The deal on the 250,000-square-foot building could be completed in the first half of 2011, SouFun said.
