1. 1.5 million tons of phosphate ore to be exported by China in 2009
To strengthen the management of phosphate ore export, regulate export order, protect source and environment, and to expedite the sustainable development of industries, in accordance with the related regulations in Law of the People's Republic of China on Foreign Trade and Regulations of the People's Republic of China on Cargo Import and Export, the related terms about management of phosphate ore export are announced as follows:
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2. Getting Innovation in China Right
Western chemical companies have long been aware that innovations are a key success factor in the chemical industry. Industry leaders such as BASF, Bayer or Evonik all emphasize the importance of new, innovative products as a source of competitive edge, increased profit margins, enhanced customer relationships and high reputation within the industry.
The innovation, R & D and application of chemical advanced materials, and water resources as well as energy-saving are highlighted in discussions of approximately 300 attendees from officials, professionals, corporate leaders and investors worldwide.
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3.Responsibility and Development of Chemical Advanced Materials Sector
Focusing on opportunities and responsibility of the chemical advanced materials sector in the downturn global economy, the second International Advanced Materials ( Tianjin ) Summit (IAMS) was held in Tianjin of China, October 30th-November 1st.
The innovation, R & D and application of chemical advanced materials, and water resources as well as energy-saving are highlighted in discussions of approximately 300 attendees from officials, professionals, corporate leaders and investors worldwide.
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4. Pharmaceutical Companies Performs well for 2008
Chinese pharmaceutical enterprises will see good performances this year. In the first three quarters of 2008, they had a significant growth compared to the same period of 2007.
In the first three quarters of 2008, Jilin Zixin Pharmaceutical Industrial Company (SZ: 002118) achieved an operating revenue of RMB149 million, a year-on-year increase of 59.91%.
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5. Tariff Quotas for Import of Chemical Fertilizers for 2009
On October 10th, China 's Ministry of Commerce (MOC) announced the tariff quotas for imports of chemical fertilizers for 2009.
The total amount of tariff quotas is 3.30 million tons for urea (2.97 million tons for state-owned traders), 6.90 million tons for di-ammonium phosphate (3.52 million tons for state-owned traders) and 3.45 million tons for compound fertilizers (1.76 million tons for state-owned traders).
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