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China: Worlds
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Since 1993, China has been a net importer of oil, a large portion of which comes from the Middle East. Net imports are expected to rise to 3.5 million barrels per day by 2010. China is interested in diversifying the sources of its oil imports and has invested in oil fields around the world. Beijing ... plans to increase China's natural gas production, which currently accounts for only 3% of China's total energy consumption. Analysts expect China's consumption of natural gas to more than double by 2010.
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The Company's new briquette is particularly important given the fact that industrial use of coal in China is among the highest in the world. The market for briquettes in Harbin was approximately 200,000 tons in 2003 and approximately 500,000 tons in 2004. The 2005 figure is projected to be 800,000 tons.
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In addition to the supply contract, China Sunergy ... took delivery of a powerful printing machine made by the world's leading solar equipment manufacturing company, Baccini. S.P.A. The machine arrived in Nanjing in early October and with this, the company is targeting to produce approximately 3MW of high efficiency selective emitter cells during Q4 2007. This represents a solid step towards large scale commercial production of the said high efficiency cells.
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Together with strong economic growth, China's demand for energy is surging rapidly. In 2003, China surpassed Japan to become the second-largest consumer of primary energy, after the United States. China is the world's second-largest consumer of oil, after the United States, and for 2006, China's increase in oil demand represented 38% of the world total increase in oil demand. China is ... the third-largest energy producer in the world, after the United States and Russia. China's electricity consumption is expected to grow by over 4% a year through 2030, which will require more than $2 trillion in electricity infrastructure investment to meet the demand. China expects to add approximately 15,000 megawatts of generating capacity a year, with 20% of that coming from foreign suppliers.
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China ... explored the world and traded extensively with other nations. By the 5th-6th centuries AD, voyages to India and the Arab countries were routine. In the 15th century the Ming Dynasty fleets under Admiral Zheng He reached as far as East Africa. However, China has always been inward-looking. China is the "middle kingdom". The Emperor did not receive ambassadors, only tribute bearers. Around 1425, China turned inward with a vengeance.
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China is the oldest continuous major world civilization, with records dating back about 3,500 years. Successive dynasties developed a system of bureaucratic control that gave the agrarian-based Chinese an advantage over neighboring nomadic and hill cultures. Chinese civilization was further strengthened by the development of a Confucian state ideology and a common written language that bridged the gaps among the country's many local languages and dialects. Whenever China was conquered by nomadic tribes, as it was by the Mongols in the 13th century, the conquerors sooner or later adopted the ways of the "higher" Chinese civilization and staffed the bureaucracy with Chinese.
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