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Chinese foreign trade is resilient in navigating global challenges

In 2023, China s foreign trade remained stable amid a complex and challenging global environment. Contributing positively to the smooth functioning of the macro economy, the structure of China s foreign trade has continuously improved, as the sector is set to gain new momentum.

CNOOC starts building China s largest commercial underground oil reserve, to cost 3 billion yuan

China’s largest commercial underground oil reserve project, backed by China National Offshore Oil Corporation (CNOOC), has started construction in Ningbo, East China’s Zhejiang Province, according to media reports on Saturday.

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