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China mulls extending and optimizing policies for NEVs

Guangzhou (JLC), June 7, 2023 – China is set to extend and optimize the exemption from purchase tax for new energy vehicles (NEVs), the State Council said at a meeting on June 2.

June 07, 2023

China records surge in May crude imports

Guangzhou (JLC), June 7, 2023--China's crude imports soared in May 2023, both year on year and month on month, which could be ascribed to the unloading of some cargoes delayed from April.

June 07, 2023

China's foreign trade up 4.7% in first five months

Guangzhou (JLC), June 7, 2023--China's total imports and exports grew by 4.7% year on year to 16.77 trillion yuan in the first five months of 2023, official data showed on Wednesday.

June 07, 2023

Northeast China LPG prices fall in early June

Beijing (JLC), June 7, 2023--Residential LPG prices in Northeast China dropped below CNY4,000/mt on June 2, JLC data showed.

June 07, 2023

Chinese airlines cut fuel surcharges for the third time in 2023

Guangzhou (JLC), June 5, 2023 – Chinese airlines have cut their jet fuel surcharges for the third time in 2023, due to a drop in jet fuel prices in the recent pricing cycle.

June 05, 2023

Sinopec to form Hunan Petrochemical for integrated project

Guangzhou (JLC), June 1, 2023 – Sinopec has formed an organizing committee for the newly-proposed Hunan Petrochemical, a new entity to be established by integrating Sinopec’s Baling Petr

June 01, 2023

PetroChina Guangdong Petrochemical enters full commercial operations

​Guangzhou (JLC), May 31, 2023--PetroChina held a news conference in Beijing on May 30, announcing that Guangdong Petrochemical achieved full commercial operations at its Jieyang refinery.

May 31, 2023

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