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BEIJING - China published a white paper on its Arctic policy Friday, pledging to seize opportunities and face challenges in the region together with all concerned parties.
BEIJING - China will cut the retail prices of gasoline and diesel for the sixth time this year from Saturday following a drop in global oil prices, the country's top economic planner said Friday. Gas price will decrease by 250 yuan (about .76) per ton, while the diesel price will be lowered by 240 yuan per ton, according to the National Development and Reform Commission (NDRC). China adjusts domestic retail oil prices when international crude prices change by more than 50 yuan per ton within a 10 working-day period. Global crude prices have fallen in recent weeks after major oil producing countries such as the United States, Liberia and Nigeria increased output, while US oil consumption remained sluggish. The production glut will continue next year. The NDRC does not expect a consistent drop in global crude prices due to the likelihood that OPEC will step in to cut output to stem price declines. Unstable situations in Liberia and Nigeria will also bring uncertainties to global oil output.
BEIJING - Chinese stocks rebounded on Friday, with the benchmark Shanghai Composite Index up 0.91 percent, at 2,606.91 points.
BEIJING - China is expected to see about 200 initial public offerings (IPOs) in its A-shares market this year, with a large chunk predicted to happen in the new sci-tech innovation board, according to global auditing and consultancy PwC.
BEIJING - China's imports of solid waste slumped further in the first 10 months of 2018 as the government stepped up enforcement on a ban on solid waste imports.
来源：资阳报