China for the "loans-for-oil" has been the total funding up to 45 billion U.S. dollars

By Zou himfr

China National Petroleum Corporation (China National Petroleum Corp, for short: China National Petroleum Corporation) broadcast Friday that the state-owned oil and gas Kazakhstan has marked a structure affirmation on oil-for-loans, will use the total allowance of five billion U.S. dollars of borrowings for with the Central Asian nations to elaborate oil and gas possibilities for collaboration between industries.

This is the year in China since the marking of the fifth lend affirmation for oil. As part of the affirmation, China National Petroleum Corporation will be another oil and gas output in Kazakhstan's part of the shares. CNPC did not supply more data on the minutia of the acquisition transaction.

Since the beginning of this year, China has signed with three countries up to the total amount of 39 billion U.S. dollars of loans-for-oil agreement. February 17 this year, China and Russia signed a total capital of 25 billion U.S. dollars for the loans-for-oil agreement. China's State Development Bank is committed to the Russian oil industry companies (Rosneft) and the Russian pipeline transport company (Transneft) provide 15 billion and 100 million dollars worth of loans used to support oil and natural gas resources in Siberia to the Chinese suppliers.

February 18, China and Brazil signalled a 10 billion U.S. dollars of loans-for-oil harmony, China's State Development Bank, the Brazilian state-owned oil business Petrobras to deliver 10 billion U.S. dollars of hires in exchange for a unwavering give of the future. Under the harmony, Petrobras will be the market price of exports to China once a day 100000-160000 boxes with a lid of crude oil.

February 21, China and Venezuela marked four billion U.S. dollars the allowance of the loans-for-oil agreement. China's State Development Bank of Venezuela state oil business PDVSA to four billion U.S. dollars to supply borrowings in exchange for a firm promise to a steady provide of the latter.

March 13 between China and Angola signalled a one billion U.S. dollars the measure of the loans-for-oil agreement. Angola since the end of 2002 lasted for 22 years since the civil war, China has granted to Angola a total of come seal five billion U.S. dollars of oil-related loans.

Kazakhstan signed together with five billion U.S. dollars of loans-for-oil agreement, this year China used oil on the loans for a total funding of up to 45 billion U.S. dollars - 21392

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Volkswagen unveiled a gigantic line-up grand Shanghai Auto Show 2009

By Zou Frbiz

April 20, 2009, at the unfastening meeting of the 13th Shanghai International Auto Show, Volkswagen Group's five major emblems - Volkswagen, Audi, Skoda, Bentley, Lamborghini revealed in full, an locality of more than 6500 exhibitors rectangle meters, is the biggest auto display exhibitors. Among them, the Volkswagen emblem in the whole sequence of 26 forms and the newest vehicle expertise impressive debut in Shanghai New International Expo Center Hall W2, in an locality of 3,000 rectangle meters of mostly white-blue hue pitch of the Volkswagen booth, to the assembly flawless understanding of the "road vehicle, but the general public," the topic of the exhibition.

At the current Shanghai Auto Show, Volkswagen announced the PASSAT At the same time, the new drive and a new golf from the first two models, it shows that Volkswagen's attention to the Chinese market and confidence. In addition, through the establishment of special technical display area, close to the Chinese audience had gathered a number of energy-saving emission reduction Volkswagen leading technologies, "Blue-drive technology series (BlueMotionTechnologies)".

Volkswagen Dr. Wartin Winterkorn, chairman of the Group of high level at the press conference and said that the Chinese confidence in the development of the automobile industry, will give full support to Volkswagen's development in China.

Volkswagen Group (China), President and CEO DR.Winfried Vahland announced: "the first quarter of 2009, Volkswagen Group in China (including Hong Kong and Macau) Total new vehicle sales of 284,143, contrasted to the identical time span in 2008 with an boost of 6 %. The facts and numbers permit us to sustain the development of this year's "cautiously optimistic" attitude. and at the present Shanghai auto display, Volkswagen presented to Chinese buyers the first two forms in China - PASSAT new propel and a new collar golf, and illustrated representing Volkswagen's most sophisticated energy-saving emission decrease expertise, the "blue line-drive technology." This is not only Volkswagen displayed large power, to spend more to enhance our self-assurance in the international financial downturn! "

PASSAT novel convey from Shanghai Volkswagen is also a B-Class flagship models, the arrange pursues a luxury PASSAT atmospheric inhalation models. The arrange of the front through the front through the whole extension of the horizontal grille, more paste to the next flu grille, forceful texture "flying wing" in the past the headlamps for Yu PASSAT newly penetrated more passion and vigor dynamic elements. Tail arrange is refreshing, "Shuttle-style" body arrange with many lamp LED assembly ring candles, the blue sky above will be high-class cars, mechanical supplies and arrange ethics of a rational and harmonious fusion. PASSAT newly achieved a more dynamic convey and fuel economy of two-way upgrade - A car bearing arms with the 1.8T drive as an case, by the optimization drive to fit the novel maximum vitality from 110 kilowatts to 120 kilowatts, to the corresponding maximum vitality of the 2.4L engine; and maximum torque of 210 cattle from higher to 220 Nm Abulimiti. However, fuel economy has meaningfully transformed autopilot models fuel 100 kilometers from the original 7.3 liters to 6.2 liters fall, fall as much as 15%, manual model file 100 kilometers 7.1L fuel consumption diminished from 6.3L, fall higher to 11.3%. At the same time, a affluence of high-tech protection and user-friendly configuration with built for the owners of a mobile "all-around" space.

Brand-new classic Volkswagen Golf Set design and innovation and technology all in one, is the FAW - Volkswagen presented to the Chinese consumers another classic car. As a Volkswagen, one of the most successful model, golf model since its inception in 1974, has gone through five generations of development, it is difficult to create a brilliant beyond; breakthrough in more than 2600 global sales of 10,000, is well received by consumers worldwide The best proof of love. The new Golf has inherited not only the design of the classic golf car design elements as well as a breakthrough innovation, a more compact form, more dynamic. Distinct personality profile, significantly widened the shoulder of the body, the ratio of the perfect lines, as well as the outline of a transparent crystal lamps, all embodied by the pursuit of Golf models and sophisticated classic. The auto show debut of the new Volkswagen Golf is equipped with an advanced direct-injection turbo-charged 1.4 TSI engine and dual-clutch DSG file 7 automatic transmission, with excellent dynamic performance, the driver is able to bring more driving pleasure.

Volkswagen booth in the brandish locality of expertise through diverse entities, constituents, and multimedia devices, to the assembly, presented the innovative Volkswagen "blue sequence of propel technology." Volkswagen "blue-drive expertise series" to Volkswagen expertise is mature, the world's premier and broadly utilised technology-based powertrain (including TSI, TDI and DSG), a farther blend of more sophisticated energy-saving, ecological defence expertise, a important decrease fuel utilisation and carbon dioxide emissions, these technologies have been step-by-step directed to the form Volkswagen. Volkswagen booth furthermore characteristics two "blue-drive" form - Golf "Blue-refoulement" and Long Yat "blue-refoulement" notion vehicle, the view captivated numerous viewers watch stopped.

Volkswagen grand the auto show debut in Shanghai, on the one hand, seeks to demonstrate to the Chinese consumers as the industry leader in strength; on the other hand, the economic crisis in the background, to reaffirm its commitment to the Chinese automotive market, as well as firm confidence in China long-term commitment to the automotive market; it is released a few days ago, Volkswagen Group (China) "2018 strategy", under the guidance of consumers to make the realization of China's commitment to concrete action. - 21392

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Beijing-Shanghai high-speed rail pathways over the board begun the year up to 1 1000 three century and eight kilometers mileage

By Professional editor working for plastic molding machine.

To start the construction in the first anniversary of the Beijing-Shanghai high-speed railway construction won the first battle, the battle to tackle difficult problems in full swing.

First, the venture is progressing well. At present, the every part of mileage of up to 1 1000 three 100 and eight kilometers to start, or the create is the 99% line mileage; speculated 66.8 billion yuan; Nanjing Yangtze River Bridge, Bridge of Yellow River, Huaihe River Bridge a large number of large key ventures progressed smoothly.

Second, the quick destitution into combat years. Plans concluded in the first half in 2009 the every part of roadbed makeup, all the overpasses to whole the worse part of the venture, 98% beam procedure works, 90% of sill beam makeup, 50% of the place erected structure, all through the every part of excavations, the commencing of the laying of the path without fragments. The realization of the Nanjing Yangtze River Bridge principle span hard metal girder erection closure and accelerating the Yellow River Bridge, the Huaihe River Bridge and other key ventures, 50 billion yuan financial endeavour in the windup of construction.

Third, the results of technical research have been achieved. At present, the Beijing-Shanghai high-speed railway line has carried out 44 research and test technologies, including a bridge pile testing, subgrade CFG pile composite foundation pile after a bridge testing and grouting tests, the results have been achieved and applied across the board.

The fourth is to enhance the grade of building management. Beijing-Shanghai high-speed trains building habitually adhere to security, value, building, buying into, ecological defence and technological discovery, "Six in One" command, aim on the implementation of administration schemes, staffing, location administration, method command at the view for the standardization of content administration, has well evolved more than 20 administrative and administration schemes, building and administration of more than 30 ways to work more than 10 directions and operational guidance to more than 70 publications, a comprehensive location administration norms.

Fifth, productive financial development. It is approximated that the Beijing-Shanghai high-speed trains building components needed for the worth of about 5 billion yuan. Railways and associated commerce for the 1:10 ratio of buying into can not only convey along the localized construction components, buyer goods and every day necessities, and drag with equivalent high-speed trains building mechanism, electronics, communications, data, ecological defence and numerous other industries. - 21392

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South Korean Trade Day shall be held to develop the Chinese market

By Zou

April 27 According to Yonhap News delineated on the 26th, the Korean state-owned trade advancement bureau - Trade-Investment Promotion Agency said, the bureau will holder the next Trade Day in alignment to help localized enterprises in the gigantic Chinese market to complex sales.

The agency said that on the 28th shall be held in Seoul organised via the Department of Trade Festival, there shall be 28 retail string of bridges operating in China business to take fraction in big wholesalers, the import fraction that may aid improve the local business market allocation in China.

The bureau said about 300 localized enterprises on how to complex future sales in the Chinese market and other is important Fair, held not less than 300 games.

Korea Trade-Investment Promotion Agency, an authorized said: "This trade presents an opening for carnival, localized enterprises may be adept to help them deal their goods to large wholesalers to enlist in direct talks." The authorized furthermore said that may be marked in agreement with collaboration affirmation, the part of this trade may help to boost the overseas sales of Korean enterprises.

It is described that the South Korean government has been boosting enterprises to trade items to China. China is South Korea's biggest products overseas markets. Last year, Korea's foreign sales accounted for 21.9% of total sales, but the present financial urgent position had directed to a down turn in sales to China.

Government policy-makers said that in alignment to boost trade items, localized enterprises need to pay more vigilance to the Chinese market, because the Chinese government's financial incentive design would advantage the market. - 21392

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The first quarter of the global automotive sales growth remained weak in developing countries

By Professional editor working for frbiz.

According to German media reports, the first quarter of this year, the overall weakness in global auto sales, developed countries have fallen substantially and the development of China's national growth rate dropped significantly.

It is reported that the first quarter, the United States car sales of 2.2 million for the same period last year 38 percent reduction; Japanese car sales to 1 million the same period last year dropped 23 percent; Germany about 1.5 million in sales last year reduction of 9% over the same period.

At present, European nations have lately applied principles on grants to stimulate the buy automobile utilisation has performed a certain function, Germany, France and Italy vehicle sales down under control. It is wise that the United States and Japan are furthermore considering a alike grant principle of the European vehicle market incentive package.

China, India and Brazil auto market this year continues a precious growth. The first quarter of China's vehicle sales more than 2.6 million the identical time span last year increased almost 4%. Indian vehicle sales for the first quarter of 450,000, comprising an boost of 2% over the identical time span last year. Brazil sales come to 640,000, an boost of almost 4%. - 21392

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