PetroChina said it will cut its 2020 capital expenditure outlook by 23 percent compared with 2019, while Sinopec also lowered its full-year capital expenditure outlook by 10 percent from the 143.4 billion yuan it projected earlier this year. CNOOC said it has lowered its annual plans for both capital expenditure and production this year to mitigate the impact of subdued oil prices, down 11 percent than planned, mostly in overseas investment.
Petrokazakhstan Oil Products LLP, a former Shymkent oil refinery, and joint venture between China National Petroleum Corporation (CNPC) and KazMunaiGas, has gone through its first phase of modernization and was put into operation on Friday.
Paula Twidale, senior-vice president at AAA, predicts that the majority will go by car. Based on surveys in mid-October, the association was expecting 47.8 million people to drive to Thanksgiving gatherings, down from last year.
People will be able to rent a battery from a cabinet installed nearby, and the cabinet works as the battery charging station. Each cabinet can hold 24 batteries. As a bonus, the battery can be used to charge a cellphone, too.
Pears bound for China are shipped by sea, and it takes some 30 days to arrive under normal conditions.
People gather at Guangzhou's Haizhu Square, Guangdong province, early on Tuesday morning to celebrate the 70th anniversary of the People's Republic of China's founding. [Photo by Song Jinyu/For China Daily]
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People celebrate Losar, or Tibetan New Year, and Spring Festival in Lhasa, Southwest China's Tibet autonomous region, Feb 5, 2019. The New Year under the Tibetan calendar coincided with the Spring Festival this year, which fell on Feb 5. [Photo/Xinhua]
Penaranda said as China opens up more to the outside world, the old impression some foreigners may still harbor feels increasingly outdated. In the past two years, he visited many places in China, including many rural communities where it's not rare to find facilities with modern comforts. There was a vibrant confidence among those locals, he said.
People have also lost the courage to be confrontational in a positive way. "I call myself a professional troublemaker," she said, "because I will not compromise certain standards."
People-to-people exchanges are flourishing. Kenya has four Confucius Institutes as well as a newly completed Language and Culture Center, funded by the Chinese government, at Kenyatta University. The China-Africa Joint Research Center has also become an important platform for China-Africa scientific and technological cooperation as well as an incubator for young Kenyan talent.