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With China entering a new era of green and innovation-led growth, Covestro AG, a German company that produces a variety of polyurethane and polycarbonate-based raw materials, will put a new polyurethane dispersion plant into operation in its Shanghai integrated site in 2024 to meet the country's soaring demand for water-based industrial products to further cut carbon emissions, said a senior executive.
China-Saudi Arabia economic and trade ties are expected to experience high-speed growth in the years ahead, market watchers and business leaders said.
Prompted by shining performances in both stock and energy markets since last year, oil and gas companies have placed more orders in China to build offshore engineering products from floating production storage and offloading (FPSO) ships to ocean engineering vessels to sustain their growth.
Eighty-nine percent of firms say their operations in the nation are strong and profitable
Eighty-nine percent of firms say their operations in the nation are strong and profitable