BEIJING – China has made key progress in finding and protecting mining resources in recent years, according to a recent report on land administration and mining resources. Some 5.01 billion tons of petroleum reserves, 2.6 trillion cubic meters of natural gas and 279.8 billion tons of coal were discovered between 2008 and 2011 in a large-scale geological survey, said Xu Shaoshi, minister of land and resources.
BEIJING – As the annual Christmas sales season is underway, shopping centers across the world are once again expecting the patronage of cash-rich Chinese tourists obsessed with quality products ranging from smart phones to lavish lady’s handbags.
E-commerce has played an increasingly important role for Chinese exporters in maintaining business growth, said an official with the Ministry of Commerce. Trade through electronic platforms in China grew from 1.5 trillion yuan ($240 billion) in 2006 to 5.9 trillion yuan in 2011, according to Nie Linhai, deputy commercial counselor of the ministry’s Department of Electronic Commerce and Informatization.
