Industry News

Releasing Petroleum Export Ban Boosts the U.S. Economy

It is reported that the government receipts will be increased by 1 trillion USD in 2030, prices of fuel being stabilized and raises 300 thousand jobs annually, if the Congress releases petroleum export ban which has been carried out for more than 40 years.   It is estimated that the price...

Iran Has Become the Third Largest Oil Supplier for China

Import volume of oil from Iran to China increases significantly. Iran has already become one of the most important oil suppliers for China. What’s more, China also becomes the largest trade partner for Iran officially since 2009 when exceeded EU and the leading investments supplier, which fi...

Import and Export of Valve Products in 2015

According to statistics, the growth rate of import and export of valve products in China were respectively increased at rate of 15.5%, 20.5%, 25.5% and 34.5% in the 4 seasons of 2015, showing the trend of steady growth.   It was explained that although suffering from international financi...