久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

  Home>News Center>China
       
 

Strong RMB to have mixed effect on oil
By Wang Ying (China Daily)
Updated: 2005-07-27 06:26

Both are in focus; but neither is isolated.

A recent appreciation of the Chinese yuan will have mixed effects upon China's oil industry, but the impact is limited as the change remains only a moderate 2 per cent, said economists and industry experts.

Workers with China Petrochemical Corporation, or Sinopec, China's largest petroleum and petrochemical firm, install oil exploring equipments to be used in overseas oil fields. [CD]
The petroleum industry has been vociferous over its concerns for the stability of the Chinese economy. The stronger yuan will first show its effect on oil imports, said industry analysts, as the country relies on foreign sources for 40 per cent of its oil needs.

"The strengthened yuan will be a positive move for China's oil imports, because the increased renminbi exchange rate means reduced costs for China when buying crude oil on the US-dollar-denominated world market," Deng Yusong, vice-division-chief of the Research Institute of Market Economy under the Development Research Centre (DRC) of the State Council, told China Daily in a telephone interview.

Drastic oil import increase unlikely

Even so, the stronger yuan is unlikely to cause an obvious increase to the volume of oil imports for the world's second largest energy consumer after the United States, as the rise in the renminbi exchange rate is only a "mild step," Deng said.
Page: 123



Submarine drill in East China Sea
6-party talks start in Beijing
Surgery on tiger to remove tumor
  Today's Top News     Top China News
 

Positive signs on first day of nuke talks

 

   
 

Further appreciation of renminbi denied

 

   
 

No drug for disease as death toll hits 24

 

   
 

2,500 evacuated after quake kills one

 

   
 

Nuclear industry to seek foreign help

 

   
 

Strong RMB to have mixed effect on oil

 

   
  Unocal 'almost backed China bid'
   
  Negotiators to continue six-party talks Wednesday: spokesman
   
  Stronger RMB won't affect investment much
   
  Electronics giants may soon merge
   
  Agricultureex-model grapples for new 'spirit'
   
  Mainlandtravel made easier with new rules
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 国产日韩欧美精品一区二区三区 | 国产精品一区二区三区四区五区 | 精品国产一区二区三区四区vr | 欧美成人精品一级高清片 | 亚洲综合无码一区二区 | 国内一区| 在线观看成年人免费视频 | 日本亚洲高清 | 欧美成人精品欧美一级乱黄 | 中文字幕1区 | 国产黄色小视频在线观看 | 国产八区 | 国产资源在线免费观看 | 欧美美女网站 | 日韩欧美国产成人 | 免费一级α片在线观看 | xx欧美老妇 | 韩国欧洲一级毛片 | chinese情侣真实自拍 | 男女视频在线观看免费 | 国产亚洲精品久久精品6 | 欧美另类自拍 | 午夜美女久久久久爽久久 | www日本免费 | 中文字幕欧美在线观看 | 国产成人看片免费视频观看 | www欧美在线观看 | 日韩欧美在线观看视频一区二区 | 成人毛片免费观看视频 | 特黄特色三级在线播放 | 久久久精品久久久久三级 | 欧美一区二区在线观看免费网站 | 成人久久网站 | 日本一级特黄aa毛片免费观看 | 毛片在线免费视频 | 全部毛片 | 一级特黄特黄毛片欧美的 | 欧美精品伊人久久 | 久久综合免费 | 日本精品久久久久久久久免费 | 亚洲天堂成人在线观看 |