TAIYUAN Austin Hooper Jersey , Aug. 24 (Xinhua) -- North China's Shanxi Province has discovered a large gas field with an estimated reserve of 545.6 billion cubic meters.
Shanxi is a major coal producer and has the country's second-largest known coal reserve. It also has estimated coal-bed gas and shale gas reserves of 12.7 trillion cubic meters.
Authorities discovered a large coal field in the area bordering Yushe, Zuoquan and Wuxiang counties in 2006. Further exploration found it contained high levels of gas.
Since exploration started in 2015, the field has been estimated to contain 241.5 billion cubic meters of coal-bed gas and 304.1 billion cubic meters of shale gas, said Zhou Jipeng, deputy director of the provincial land and resources department.
Shanxi is speeding up gas exploration while reducing coal output as China seeks to power its economy with cleaner energy to reduce pollution.
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HELSINKI, July 19 (Xinhua) -- An ultra light aircraft crashed in central Finland on Wednesday, killing the pilot.
The wreckage was found in the village of Lievestuore, east of Jyvaskyla, local media reported.
Veli-Pekka Nurmi Keanu Neal Jersey , director of the Finnish accident investigation center, told national broadcaster Yle that most crashes involving light aircraft are caused by pilot errors.
The crashed aircraft was flying under the bottom level of controlled airspace.
Light aircraft registered in Finland are generally in good technical condition.
Nurmi said that as light aircraft usually do not have an organization supporting them, the responsibilities lie heavily on the pilot.
During the past ten years, there have been 20 crashes of light aircraft killing 30 people in Finland.
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TORONTO Takkarist McKinley Jersey , March 25 (Xinhua) -- The newly-launched RMB clearing bank in Canada and the owner of the Canadian stock exchange inked a memorandum of understanding (MOU) here Wednesday to explore the RMB offshore market in North America.
According to the document, ICBC Canada (ICBK) and the TMX Group that owns and operates the Toronto Stock Exchange, will work to develop new opportunity for a wide range of financial products including bonds, stocks, interest rate derivatives and commodity derivatives.
ICBK, a subsidiary of the Industrial and Commercial Bank of China (ICBC) Calvin Ridley Red Jersey , was officially launched here on Monday as the first RMB offshore trading center in the Western hemisphere.
The focus of ICBK-TMX cooperation will include, but not be limited to, the joint product development in multiple asset classes, clearing and settlement products and risk management mechanism.
Additionally, they will jointly explore the development of financial services, offshore RMB financing services Alex Mack Red Jersey , RMB bonds, index, Exchange Traded Fund and commodity.
Analysts say the move indicates that RMB Internationalization achieved "a new remarkable progress in Canada." The cooperation, which relies on the mature financial market in Canada, is obviously beneficial to both China and Canada, according to them.
Shu Gu Vic Beasley Red Jersey , the senior executive vice president of ICBC, expressed his support in a statement, "it is a great opportunity to robust the trade between China and Canada. We believe this will also promote the pleasant business relationship with TMX Group."
"This MOU with ICBK represents an important new relationship for TMX Group," said TMX Group CEO Lou Eccleston. "We are pleased to begin work with ICBK to explore ways in which we can collaborate to strengthen our respective organizations and increase our presence in a key global marketplace."
Japanese Prime Minister Shinzo Abe's ambitiously blueprinted security laws took effect on Tuesday, historically switching Japan back to a fighting stance for the first time in seven decades, as the controversial laws ordered Japan's Self-Defense Forces (SDF) to stand ready to particulate in armed conflicts overseas.
By reinterpreting the country's war-renouncing Constitution Calvin Ridley White Jersey , the warlord prime minister shook off the restraints of Article 9 of the supreme law over the use of force and the exercise of the right to collective self-defense, and vowed to proactively contribute to regional and international peace and stability.
It is for sure that the security laws will not follow the country's pacifist Constitution to ensure and enhance Japan's security, but will only serve to endanger the Japanese public's right to live in peace and, more importantly, pose a severe challenge to peace in the Asia-Pacific region, which is already vulnerable.
The security laws give a green light to the SDF to rescue Japanese hostages detained by terrorist groups Alex Mack White Jersey , but Japan has indicated that it has no intention to engage in battles against such extremist militants, since it already paid a bloody price when it tried to proactively insert itself into Middle East dealings.