GD Offers More Loans Than Other Counterparts in the FH2009
The latest statistics released by the China Banking Regulatory Commission (the CBRC) show that in the first half of this year, the country saw a rise in RMB and foreign currency loans by over 7.7 trillion yuan, almost a 33% increase over the same period last year. Guangdong offered the highest amount of loans, with an increase of nearly 85.5 billion yuan in loans year-on-year. These results come two weeks after the CBRC announced it would strengthen control on loans made by banks for corporate working capital in order to make sure the money is put to proper use.

China to Issue the Plan to Use New Energy This Year
The first "Energy Forum Asia" commenced in Guangzhou yesterday (Aug 9th), with as main theme "Energy revolution, growth, green and cooperation". The forum will be held in Guangzhou every year from now on. During the forum, the Minister of National Energy, Sun Qin, said the nation's new energy development plan is being drafted and should be unveiled within this year.

16 new oil storage tanks will be built
The Nansha oil reserves are undergoing a huge expansion. 16 new oil storage tanks will be built, increasing the facility's capacity to 770,000 cubic meters. By 2020, the facility's turnover should reach 8.94 million tones, becoming the largest oil reserves in south China.

photo from gd-logistics.com