Gas, oil field reaches output milestone

Shunbei oil and gas field in the Xinjiang Uygur autonomous region has produced more than 3 million metric tons of crude and more than 1 billion cubic meters of natural gas since its discovery in 2016, said its operator China Petrochemical Corp. The gas discovery is equal to 6.1 million households' daily gas demand for one year, said the company. It has further ensured adequate gas and oil supplies for the country's energy-consuming eastern regions as well as the bright exploration and exploitation prospects of the gas and oil field.

China's public-private high-speed line ready

China's first high-speed railway controlled by private capital has been built to connect several cities in East China's Zhejiang province. On Tuesday, the tracks were completed for the Hangzhou-Shaoxing-Taizhou intercity railway, one of China's first group of high-speed railway projects funded by a public-private partnership, with the private sector having a controlling stake. The 266.9 km rail line has been designed with eight stops and a speed of 350 km per hour.

China Daily - Xinhua