Yesterday, Aluminum Corp. Of China Limited (Chalco) announced in Beijing last year, the company operating income 131.7 billion yuan, up 24.1 percent. Maintain profits for two consecutive years in more than 20 billion yuan. Size of the company's assets exceeded 200 billion , up 201.4 billion yuan. Lv Youqing Chalco vice president said that as the company performance has been up to standard, it has started to declare wealth of the world's top 500, was able to estimate the formal entry into the list.
Lv Youqing, Chalco in similar enterprises in the profit is higher, but the world's top 500 is the standard in terms of revenues, profits and taxes last year, Chalco of nearly 50 billion yuan, more than some of the world top 500 enterprises, can be said to enter Chalco 500 after the competitiveness of very strong.
It is understood that Chalco alumina production last year by 8.8 percent year-on-year, breaking 10 million tons, ranking second in the world aluminium and aluminium alloy output by 20.7%; turnout has increased 27.4 percent; cathode copper production by 20.6% copper material by 13.8%; Titanium Sponge by 65%, titanium and titanium alloy materials by 51.9%; seeing an increase equivalent to 0.87% molybdenum concentrates. In addition, Chalco last year 21 billion yuan in fixed assets investment in the bauxite-built 18 projects, with a total construction scale of 7.4 million tons / year.
Currently, the SAC has agreed to re-examine the main Chalco will be to expand the scope of aluminum, copper, rare and rare earth and other non-ferrous metals mining, smelting, processing, trade and related engineering and technical services. Chalco future strategy for building multi-metal transformation of the international group.
Source: 上海证券报 Jan. 12, 2008
China 2010 Years Ago No Longer Accept Applications For New Airlines
Secretary for the Civil Aviation Administration of China Li Jiaxiang said that in the future will be strictly civil aviation market access, and that before 2010, the Civil Aviation Administration no longer be accepted for the new airline.
Li Jiaxiang said that the CAAC will have new airlines admissibility of a rigorous review of the application, the airline approved every year the number of construction not more than three.
He stressed that in the future new applications for the establishment of the airlines, the CAAC will be qualified investors, aircraft ownership, scope of business, and base protection, the pilot areas such as improving access to the source threshold.
Li Jiaxiang said that China's civil aviation industry the current comprehensive support capabilities and rapid growth of demand for air transport requirements inharmonious, the shortage of human resources, poor infrastructure, lack of resources available airspace management level is not high on the sustained and rapid development of a certain constraints.
Statistics show that currently the world, and 96 airlines fly to China, there are more than 40 domestic airlines, including state-owned or state-controlled company is less than 10, China's civil aviation market competitive.
Source: 新华网 Lin Hongmei & Qian Chunxian Jan. 11, 2008
Li Jiaxiang said that the CAAC will have new airlines admissibility of a rigorous review of the application, the airline approved every year the number of construction not more than three.
He stressed that in the future new applications for the establishment of the airlines, the CAAC will be qualified investors, aircraft ownership, scope of business, and base protection, the pilot areas such as improving access to the source threshold.
Li Jiaxiang said that China's civil aviation industry the current comprehensive support capabilities and rapid growth of demand for air transport requirements inharmonious, the shortage of human resources, poor infrastructure, lack of resources available airspace management level is not high on the sustained and rapid development of a certain constraints.
Statistics show that currently the world, and 96 airlines fly to China, there are more than 40 domestic airlines, including state-owned or state-controlled company is less than 10, China's civil aviation market competitive.
Source: 新华网 Lin Hongmei & Qian Chunxian Jan. 11, 2008
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