A China-Europe freight train bound for Almaty, Kazakhstan sets out from Urumqi, Xinjiang Uygur autonomous region, on May 25, 2019. [Photo/xjdaily.com] China is expected to invest about 800 billion yuan ($114.29 billion) in railways, about 1.8 trillion yuan in highways and waterways, and 90 billion ...

Anheuser-Busch InBev NV has agreed to buy SABMiller Plc for about 68 billion pounds ($104 billion), raising its bid after several rejections, to clinch a record industry deal that will bring one out of every three beers sold worldwide under a single company.The Budweiser maker will pay 44 pounds a s...

The equipment used in the Fuling shale gas boosting station (Photo/Xinhua) Editor's note: On May 11, 2015, a shale gas pipeline was put into operation, connecting Baitao Street of Fuling District of Chongqing and Wangchang Township of Shizhu Tujia Autonomous County with a large-diameter high pressur...

"We have completed most of the drilling work and the drilling of additional wells will continue into 2015," Shell China spokesman Shi Jiangtao said in an e-mailed response to questions. "We see that the Sichuan geology is challenging and we are approaching this at the appropriate pace. We continue t...

Peng Qiming, director of the geological exploration department, said the winners had invested more than 2 billion yuan in exploring these blocks since 2013.China is just beginning to mass-produce shale gas. Its initial goal of producing 60 to 100 bcm annually by 2020 has been cut to 30 bcm, accordin...