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Hong Kong economy grows 6.3% in 2007
China increases farm subsidies to boost production, fight inflation
UNESCAP: China's economy expected to grow 10.7% in 2008
Move to "Go West" reaps encouraging rewards
9 Chinese provinces see GDP exceed 1 tln yuan in 2007
Inflation pressure reflects "Chinese characteristic" in economic growth
 
China processes more crude oil to ease shortage 

BEIJING, March 28 (Xinhua) -- China processed more crude oil in the first two months to ease supply shortage plaguing some areas.

China processed 55.81 million tons of crude oil in the first two months, up 7.4 percent from the same period of 2007, the National Development and Reform Commission (NDRC) said on Friday.

The growth rate was 1.7 percentage points higher than the same period of last year.

Output of gasoline and diesel surged 4.1 percent and 12.5 percent, respectively. Natural gas production expanded by 20.3 percent.

According to NDRC, the country's crude oil output hit 30.78 million tons in the Jan-Feb period, up 1.2 percent year on year, while imports shot up 9.5 percent to 28.23 million tons.


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