Sinopec Guangzhou to raise June crude runs 63 pct
The News Review:
- Sinopec Guangzhou to raise June crude runs 63 pct
- Guangzhou Auto to build Fiat Linea in Guangzhou
- China top refiners to run at record on fuel hike
- ANZ btains Regulatory Approval for Guangzhou Branch
- Two domestic A/H1N1 cases recover in S China
- Guangzhou R&F says May home sales up 29 pct on yr
- Chinese City Creates Internship Program to Help Unemployed College …
Sinopec Guangzhou to raise June crude runs 63 pct
Reuters
SS) Guangzhou refinery will process 63 percent more crude in June from May after completing major maintenance work an industry source said on Thursday. The plant plans to process.
Guangzhou Auto to build Fiat Linea in Guangzhou
Autochannel (press release)
com) Guangzhou Automobile Industry Group and Fiat’sjoint venture will begin to build Fiat Linea at Panyu district of GuangzhouGuangdong province once it receives approval from government regulatorybodies according to the Guangzhou-based Nanfang Daily. Citing a notice from China’s Ministry of Environmental Protection (MEP)published from May 31 to June 6 the newspaper said the car production jointventure will cost a total investment of 4. 27 billion yuan ($625. 7 million)with 70 million yuan of the budget being used in the environmentalprotection devices. The venture to be located in Hualong Town Panyu district of Guangzhouwould produce 140000 automobiles and 220000 engines annually.
Related from Rizzicreations: Thousands More Auto Industry Jobs at Risk
China top refiners to run at record on fuel hike
Reuters
SS) Guangzhou refinery in thesouth and Qilu refinery in the east will increase operationlevels sharply this month after completing regular maintenancewhile several others including PetroChina’s(. SS) Dalian also plan to step up processingactivity.
ANZ btains Regulatory Approval for Guangzhou Branch
istockAnalyst.com (press release)
Australia and New Zealand Banking Group (ANZ) has operated a representative office in Guangzhou since 2006. The branch will provide a full range of renminbi and foreign currency services to corporate customers and will also assist local residents with their foreign currency personal banking needs said ANZ. ANZ’s CE for Asia Pacific Europe and America Alex Thursby said that the approval was further good progress on ANZ’s China growth plan that includes seeking local incorporation opening additional branches and establishing a rural bank in western China. Mr Thursby said: “ANZ aspires to be a leading foreign bank in China and the approval for our Guangzhou branch is an important step in our expansion giving ANZ a presence in the Pearl River Delta which is a strategic priority for ANZ in China along with the Yangtze River Delta and the Bohai Bay area.
Two domestic A/H1N1 cases recover in S China
Xinhua
Four cases in Guangdong respectively involved two women aged 41 and 61 a 29-year-old man and a 12-year-old boy said the Guangdong Provincial Department of Health. The 41-year-old Chinese Canadian traveled to Zhongshan City Guangdong on May 29 from Toronto Canada via Hong Kong. She developed cough and a fever two days later. She was receiving treatment at hospital in Shunde City at present.
Guangzhou R&F says May home sales up 29 pct on yr
Reuters
HK> said its contracted sales in May increased 29 percentfrom a year earlier to 2. 4 billion yuan ($351.
Chinese City Creates Internship Program to Help Unemployed College …
Associated Content
11 million college students due to graduate this year and another one million from last year are still looking for jobs after they failed to get a job in 2008. This year’s recent statistics shows that as of April 17 there are about 315000 Guangdong Province college graduates who were unable to find employment. From January up until April of this year Guangzhou has registered more than 14000 unemployed college graduates which also includes college graduates from the previous year. nly an estimated 5100 college graduates have managed to obtain employment. In an effort to help locally unemployed college graduates through a difficult period The Guangzhou Municipal Labor Department The Guangzhou Labor and Employment Service Center Yuexiu District Government and Guangzhou University are cooperating with 48 enterprises to jointly organize the “Guangzhou Student Internship Program” which will provide 831 internship positions. These internships are intended to last between three to six months. Enterprises that participate in this program who take on more than five interns will be compensated with financial subsidies amounting from 3000 to 5000 Yuan by the Yuexiu District Government.
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