Monday, November 20, 2000, updated at 18:17(GMT+8)
China Discovers Large Gas Area
China has discovered a large natural gas area with
reserves estimated at 700 billion cubic meters in Ih
Ju League, in north China's Inner Mongolia Autonomous
Region.
The discovery is another major breakthrough by the
PetroChina Company Limited following the development
of a giant gas field in the northwestern part of
Shaanxi Province neighboring Inner Mongolia,
according to Cao Zhengyan, spokesman for PetroChina.
Exploration results show that the Ih Ju gas area is
rich in high-yield natural gas resources, and is able
to provide more gas resources for the country's
gigantic West-to-East Gas Transmission Project.
PetroChina has completed seismic exploration in a
50,000-kilometer section and drilled more than 150
wells in Ih Ju League by the end of October.
Seventy-eight of the wells were reported as having
industrial gas.
Industrial gas has been seen in 56 of the 80 wells
drilled in the Muus Desert alone.
Cao said that exploration efforts are still under way
and more gas reserves will be confirmed in Ih Ju
League.
****
Tuesday, November 21, 2000, updated at 11:32(GMT+8)
Tianjin to Build Largest Commodities Distributing
Center in North China
A small-commodity distributing center, the largest in
north China and comprising 12 malls in 300,000 sq.m
of shopping area, will be operational in the first
half of next year.
Dahutong Small Commodities Wholesale Market, the
center's name, is located in Dahutong area in
Tianjin. The market was established in the 1980s by
the local district government and now has an annual
trading volume of three billion yuan (US$361 million)
and handles tens of thousands varieties of goods.
Dahutong Group Co. Ltd., the governing body of the
market set up early this year, reached the
cooperative deal with Wanlong Group, another local
commercial enterprise. The two groups will jointly
invest in the deal to demolish old buildings and
reconstruct the area into the new constituent part of
the distributing center.
The center will set up 12 business blocks featuring
shoes, metals, household appliances, books, video and
audio products and other goods.
****
Tuesday, November 21, 2000, updated at 09:40(GMT+8)
172 Officials Punished for Embezzlement, Accepting
Bribes
A total of 172 official above county level in south
China's Guangdong Province have been punished for
embezzlement or accepting bribes since the beginning
of the year.
Corrupt officials have been exposed in 1,060 major
cases of embezzlement and accepting bribes. Bribes
worth over 100 million yuan (about US$12.05 million)
were retrieved by local procuratorial organizations
in the province, said Xu Tianxiang, deputy head of
Guangdong Provincial Procuratorate, at a recent
working meeting on anti-embezzlement and bribes.
According to Xu, also head of the procuratorate's
anti-embezzlement bureau, local procuratorial
organizations of Guangdong handled 3,295 cases
involving embezzlement and bribes in the first ten
months of the year, up 4.8 percent from the same
period last year.
A total of 1,550 criminal cases were investigated, in
which 1,800 people were involved, both showing
drastic increases from the same period last year,
said Xu.
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