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New Business Landscape For Chinese Energy And Retail

In april, a chinese official acknowledged that china is on the verge of overtaking the us to become the world's biggest consumer of energy.To keep up with demand, china's natural gas imports more than doubled to 6.3 billion cubic meters in q1 2011 from a year earlier.China also plans to invest rmb 400 billion (usd 62.54 billion) in the construction of four hydroelectric dams to boost the share of non-fossil fuels in national energy consumption.Wind power is also a part of this strategy as china will boost its offshore wind power installed capacity to five gigawatts to form a complete technological and industrial chain.An uncertain global economic outlook due to the ongoing debt crisis in the euro zone and the recent downgrade of the us debt rating, along with a large scale power crisis during the busy summer season are threatening to slow china's growth in the second half of 2011.However, looking to diversify its export destinations and build upon its status as the world's second-largest economy, china has continued to increase its footprint around the world, with premier wen jiabao signing usd 15 billion worth of deals in germany in june along with an additional usd 4.3 billion worth in the uk.In april, shanghai electric group co.Announced it had won a usd 1.1 billion contract to expand a natural gas-fired power plant currently under construction in zubaidiyeh, southeast of baghdad.The company also announced in april that they had signed an agreement with ksk energy of india to export 125 units of 2 mw wind turbines to india, which marks shanghai electric's first major international wind turbine sale.The company expects india to become its largest export market, absorbing half its exports including wind turbines and thermal power units.It was reported in august that apple is currently in talks with china mobile, the world's largest carrier by subscribers, to officially introduce the iphone on the carrier's home-grown tdscdma network.A mutually beneficial deal would help apple meet upwardly mobile chinese consumers' growing demands for its products, while helping china mobile attract more 3g subscribers.Although it seems unlikely that apple will meet its target of opening 25 stores in the mainland by 2012, its four existing stores are the most heavily trafficked apple stores in the world.Stone production line: http://www.Hxjqchina.Com/n26.Htmlrotary dryer: http://www.Hxjqchina.Com/product-list_35.Htmlsand washer: http://www.Hxjqchina.Com/product-list_29.Html.

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