Hydroelectric Project

Total Page:16

File Type:pdf, Size:1020Kb

Hydroelectric Project Document of The World Bank FOR OFFICIAL USE ONLY A,4/1. 2 > )J-- Public Disclosure Authorized Report No. 6189-CHA STAFF APPRAISALREPORT Public Disclosure Authorized CHINA SHUIKOUHYDROELECTRIC PROJECT November 24, 1986 Public Disclosure Authorized Public Disclosure Authorized Projects Department East Asia and Pacific Regional Office This documenthas a restricted distribution and may be used by recipients only in the performanceof their official duties. Its contents may not otherwise be disclosed without World Bank authorization. CURRENCY EQUIVALENTS Currency - RMB Yuan (Y) US$1.00 = Y 3.70 Y 1.00 = US$0.27 Y 1.00 = 100 fen (As of September1986) Fiscal Year January 1 to December 31 Weights and Measures km - Kilometer (= 0.62 miles) kWh - Kilowatt hour (= 860.42 kcals) GWh - Gigawatt hour (1,000,000kilowatt hours) TWh - Terawatt hour (1,000,000,000kilowatt hours' kW - Kilowatt (1,000 watts) MW - Megawatt (1,000 kilowatts) kV - Kilovolt (1,000 volts) kVA - Kilovolt-ampere(1,000 volt-amperes MVA - Megavolt-ampere(1,000 kilovolt-amperes) TPD - Ton per day PRINCIPALABBREVIATIONS AND ACRONYMS USED ECEPA - East China Electric Power Administration ECHIDI - East China HydroelectricPower Investigationand Design Institute ECG - East China Grid FPEPB - Fujian ProvincialElectric Power Bureau FPFB - Fujian ProvincialFinance Bureau PPG - Fujian Provincial Grid FTPS - Fuzhou Thermal Power Station GOC - Government of China GPF - Governmentof the Province of Fujian GVIAO - Gross Value of Industrialand AgriculturalOutput HIPDC - Huaneng InternationalPower DevelopmentCorporation IAEA - InternationalAtomic Energy Agency MKE - Morrison Knudsen EngineeringCompany MOP - Ministry of Finance MOR - Minsitry of Railways MWREP - Ministry of Water Resourcesand Electric Power PCBC - People's ConstructionBank of China SAA - State Audit Administration SBC - Special Board of Consultants SEC - State Economic Commission SHPC - Shuikou HydroelectricProject Corporation SPC - State Planning Commission TCC - Technical Cooperation Credit WREPERI - Water Resources and Electric Power Economic Research Institute FOR OMCIAL USEONLY CHINA SHUIKOU HYDROELECTRICPROJECT STAFF APPRAISAL REPORT Table of Contents Page No. I.THE ENERGY SECTOR,. I. T..EEGY..TR..........O....O.....O....................... 1 A. ............ .......... ................ ............ 1 B* Resource Endowment.... 00 * ........... ........... ...; 2 C. Efficiency of Energy Use ............... ........... 2 II. THE POWER SUBSECTOR....................................... 3 A. ...................Background 0..*. .000.0000.0.o.......e000 3 B. The Market for Electricity...............................4 C. Institutions .................................... 4 D. Tariffs0.0...............................,0000000 000**00.0......... 5 E. Manpower and Training........ ............. 5 F. Planning.00 ... 0..0.000000...00000...0000000....00..0000..00000...000000000.... G. Technology Transfer............................... 7 H. Subsector Problems.............................. 0....... 7 I. SubsectorObjectives and Policies.*.*#................... 8 J. Role of the Bank......................................... 9 III. THE BENEFICIARY . ... O............... 10 A. Legal Status and Organization............................ 10 S.Baaetet................................... 10 C. Staffing and ............................................ 11 E. Accounting .o.* ,.****...........e...........s..............e.......12 F. Audit*.................................................13 G. Tariffs ........ 13 H. Billing and .........................00000000009000000000 14 I. Computer Applicationsand InformationManagement 00.....0. 15 J. Insurance*.... .... ............ 15 This report was prepared on the basis of an appraisalcarried out during February 14 to March 8, 1986, by C.K. Chandran,W. Cao, R. Morton, A. Liebenthal,I.H. Cheng and M. Cernea and a follow up mission in September 1986 by C.K. Chandran,W. Cao, R. Morton and I.H. Cheng. The followingconsultants participated: A. Raizen and D. Graybill. This documenthas a restricteddistribution and may be used by recipientsonly in the performnce of their officialduties. Its contents may not otherwisebe disclosedwithout World Bankauthorization. -ii - Page No. IV. THE POWER MARKET AND THE PROGRAM-.*..* ..................... 16 A. The East China Grid......................................16 B. The Fujian Power Grid....................................16 Co Load Forecast............... o.............................18 D. The 1986-1995Power DevelopmentProgram.................. 19 V. THE PROJECTo...............................................,o21 A. Project Objectiveso...... o. o........o.. o.....*.....o.... oo... 21 B. Project Description............................................... 21 C. Cost Estimate............................................o25 D. FinancingPlan.. ...........................................* 26 E. Procurementaton........o....o.o..o...................oooo27 . Projet Implementation............................................ 29 Co DisbursementalApets...oo..o.................o.............o 31 H. Resettlementgo........................... .. o....o.........32 I Environmental...............................................Aspects 36 Jo Monitoringand Reporting ......o..o......o.ooooo...o.o..o..e.....37 K. Riskso o.ooooo..oooooo...oooooo..oooo......ooo....ooo.. 38 B. Past and Present FinancialPerformance................... 39 CA FutureFinances ............................. 0............. 40 VIIo ....................U..... oo.ooooo o.ooo...ooooo.oo6..oo..... 45 A. Need for the Project.....................................45 B. Least Cost Studieso.......................................o45 C. Economic Rate of Return..........................o.......... 47 VIII. AGREEMENTSREACHED AND RECOMHENDATIONSo.o..o..oo.oooo ..... 48 - iii ANNEXES 1. InstalledCapacity, Electricity Generation and Sales in the Power Subsector 2. ElectricityGeneration by Region and by Type of Plant 3. PerformanceIndicators for FPEPB 4. Staffing of FPEPB 5. FPEPB's Existing Training Facilitiesand ExpansionProgram 6. ElectricityTariff of FPEPB (1985) 7. InstalledCapacity, Generation and Energy Sales of FPEPB 8. Energy Consumptionby Category of Customers 9. DevelopmentPrograms of East China Grid and Fujian Province 10. DevelopmentPlanning of Min River Basin 11. Salient Physical Features of the Project 12. Terms of Reference and Program for Studies of Regional Integrated Operation 13. Cost Estimate by Category and Purpose 14. Annual Distributionof Expenditures 15. ProcurementSchedules 16. Schedule of Disbursement 17. ResettlementPlan and EnvironmentalActions for Monitoringand Reporting 18. FPEPB's FinancialStatements (1981-85) 19. FPEPB's FinancialForecasts (1986-95) 20. Assumptionsto FinancialProjections 21. ECEPA's Key FinancialIndicators (1981-85) 22. Economic Evaluationof Railway Relocation Component 23. Economic Rate of Return 24. Least Cost Studies for ECG 25. SelectedDocuments and Data Available in the Project File CHARTS 1. Organizationof the Electric Power IndustryWithin MWREP 2. Organizationof FPEPB 3. Project ImplementationSchedule MAPS 1. Link with East China Grid (IBRD 19561) 2. Scheme of Min Jiang Valley Development(IBRD 19562) 3. Fujian Power Grid (IBRD 19563) CHINA SHUIKOUHYDROELECTRIC PROJECT Loan and Project Summary Borrower: The People's Republic of China Beneficiary: Fujian ProvincialElectric Power Bureau (FPEPB) Amount: $140.0 million equivalent Terms: 20 years, includingfive years grace, at standard variable interest rate OnlendingTerms: The proceeds of the loan would be onlent from the Government to FPEPB under a subsidiaryloan agree- ment with a 20 year term, includingfive years of grace and at an interest rate of 8.5% p.a. The foreign exchange risk (between the dollar and RMB) and commitmentfees would be borne by FPEPB. Project Objectives The project seeks to supporteconomic growth in East and Descriptions: China and Fujian province through developmentof a major hydroelectricsite on the Min river. The project would be the Bank's first involvementin the power subsectorin Fujian province,and the fifth Bank loan to the power subsectorin China. It would help to:. (a) develop a major hydro site to serve primarilyas a peaking station in the East China Grid; (b) effectivelyintroduce the most modern technologyavailable for speedy constructionof a large dam and power station; (c) link the East China and Fujian systems and promotemore effective integratedoperation of a major regional grid; and (d) provide training in management of international contractsfor large civil works and in financial management. The project comprisesthe construction of a 101 m high concrete gravity dam, a spil way, a powerhouseand a navigationlock; provisionand installationof seven generatingunits of 200 KW each; constructionof a single-circuit500 kV trans- mission line and installationof equipmentat an associatedsubstation; provision of consulting services for design and constructionmanagement; the resettlementof the reservoirarea population and a program for its economic and social reestablishment; and carrying out of studies and a training program. - ii - Benefits: The projectwill providea dependablecapacity of 1,000MS to meet the peak demandfor the combined East Chinaand Fujianprovincial grids and generate 4,950 CWh annuallyon the average. Indirect benefitsinclude the improvementof navigational conditionson the Min river,and the expansionof the capacityof the Waiyang-Fuzhourailway. Risks: The geologicalconditions are very good, investi-
Recommended publications
  • Regional Climatology East Asian Seas: an Introduction
    NOAA Atlas NESDIS 79 doi:10.7289/V5D21VM9 REGIONAL CLIMATOLOGY OF THE EAST ASIAN SEAS: AN INTRODUCTION National Centers for Environmental Information Silver Spring, Maryland December 2015 U.S. DEPARTMENT OF COMMERCE National Oceanic and Atmospheric Administration National Environmental Satellite, Data, and Information Service National Centers for Environmental Information Additional copies of this publication, as well as information about National Centers for Environmental Information (formerly the National Oceanographic Data Center) data holdings and services, are available upon request directly from the National Centers for Environmental Information. National Centers for Environmental Information User Services Team NOAA/NESDIS/NCEI SSMC III, 4th floor 1315 East-West Highway Silver Spring, MD 20910-3282 Telephone: (301) 713-3277 E-mail: [email protected] NCEI Oceans Home Page: http://www.ncei.noaa.gov/ This document should be cited as: Johnson, D.R., Boyer, T.P., 2015: Regional Climatology of the East Asian Seas: An Introduction. NOAA Atlas NESDIS 79, Silver Spring, MD, 37 pp. doi:10.7289/V5D21VM9. This document is available at http://data.nodc.noaa.gov/woa/REGCLIM/EAS/DOC/nesdis79-doi107289V5D21VM9.pdf. Editor: Dan Seidov, National Centers for Environmental Information Technical Editor: Alexey Mishonov, National Centers for Environmental Information NOAA Atlas NESDIS 79 doi:10.7289/V5D21VM9 REGIONAL CLIMATOLOGY OF THE EAST ASIAN SEAS: AN INTRODUCTION Daphne R. Johnson and Tim P. Boyer National Centers for Environmental Information Silver Spring, Maryland December 2015 U.S. DEPARTMENT OF COMMERCE Penny Pritzker, Secretary National Oceanic and Atmospheric Administration Kathryn Sullivan Under Secretary of Commerce for Oceans and Atmosphere and NOAA Administrator National Environmental Satellite, Data, and Information Service Stephen Volz, Assistant Administrator This page intentionally left blank Table of Contents ABSTRACT ......................................................................................................................................
    [Show full text]
  • Lithium Enrichment in the No. 21 Coal of the Hebi No. 6 Mine, Anhe Coalfield, Henan Province, China
    minerals Article Lithium Enrichment in the No. 21 Coal of the Hebi No. 6 Mine, Anhe Coalfield, Henan Province, China Yingchun Wei 1,* , Wenbo He 1, Guohong Qin 2, Maohong Fan 3,4 and Daiyong Cao 1 1 State Key Laboratory of Coal Resources and Safe Mining, College of Geoscience and Surveying Engineering, China University of Mining and Technology, Beijing 100083, China; [email protected] (W.H.); [email protected] (D.C.) 2 College of Resources and Environmental Science, Hebei Normal University, Shijiazhuang 050024, China; [email protected] 3 Departments of Chemical and Petroleum Engineering, and School of Energy Resources, University of Wyoming, Laramie, WY 82071, USA; [email protected] 4 School of Civil and Environmental Engineering, Georgia Institute of Technology, Mason Building, 790 Atlantic Drive, Atlanta, GA 30332, USA * Correspondence: [email protected] Received: 18 May 2020; Accepted: 3 June 2020; Published: 5 June 2020 Abstract: Lithium (Li) is an important strategic resource, and with the increasing demand for Li, there are some limitations in the exploitation and utilization of conventional deposits such as the pegmatite-type and brine-type Li deposits. Therefore, it has become imperative to search for Li from other sources. Li in coal is thought to be one of the candidates. In this study, the petrology, mineralogy, and geochemistry of No. 21 coal from the Hebi No. 6 mine, Anhe Coalfield, China, was reported, with an emphasis on the distribution, modes of occurrence, and origin of Li. The results show that Li is enriched in the No. 21 coal, and its concentration coefficient (CC) value is 6.6 on average in comparison with common world coals.
    [Show full text]
  • China's Unconventional Oil: a Review of Its Resources and Outlook for Long-Term Production
    Energy xxx (2015) 1e12 Contents lists available at ScienceDirect Energy journal homepage: www.elsevier.com/locate/energy China's unconventional oil: A review of its resources and outlook for long-term production Jianliang Wang a, *, Lianyong Feng a, Mohr Steve b, Xu Tang a, Tverberg E. Gail c, Ho€ok€ Mikael d a School of Business Administration, China University of Petroleum, Beijing, China b Institute for Sustainable Futures, University of Technology Sydney, Sydney, Australia c Our Finite World, 1246 Shiloh Trail East NW, Kennesaw, GA 30144, USA d Global Energy Systems, Department of Earth Science, Uppsala University, Sweden article info abstract Article history: Due to the expected importance of unconventional oil in China's domestic oil supply, this paper first Received 9 July 2014 investigates the four types of China's unconventional oil resources comprehensively: heavy and extra- Received in revised form heavy oil, oil sands, broad tight oil and kerogen oil. Our results show that OIP (Oil-in-Place) of these 11 December 2014 four types of resources amount to 19.64 Gt, 5.97 Gt, 25.74 Gt and 47.64 Gt respectively, while TRRs Accepted 16 December 2014 (technically recoverable resources) amount to 2.24 Gt, 2.26 Gt, 6.95 Gt and 11.98 Gt respectively. Next, the Available online xxx Geologic Resources Supply-Demand Model is used to quantitatively project the long-term production of unconventional oil under two resource scenarios (TRR scenario and Proved Reserve Cumulative Pro- Keywords: þ Unconventional oil duction scenario). Our results indicate that total unconventional oil production will peak in 2068 at 0.351 Gt in TRR scenario, whereas peak year and peak production of PR (proved reserves) CP (Cu- Production modeling þ Resources mulative Production) scenario are 2023 and 0.048 Gt, significantly earlier and lower than those of TRR Chinese oil scenario.
    [Show full text]
  • EMD Oil Shale Committee
    EMD Oil Shale Committee EMD Oil Shale Committee Annual Report – 2015 Alan Burnham, Chair April 29, 2015 Vice-Chairs: Dr. Lauren Birgenheier (Vice-Chair – University) University of Utah Mr. Ronald C. Johnson (Vice-Chair – Government) U.S. Geological Survey Dr. Mariela Araujo (Vice-Chair – Industry) Shell International Exploration and Production Highlights Progress on oil shale continued in both the United States and around the world, but with a greater sense of urgency in countries with lesser quantities of conventional energy sources. New production capacity was brought on line in Estonia and China, and plans for production moved forward in Jordan. However, reductions and delays in development are starting to appear, particularly in the United States, due to the low price of crude oil. The current status is in flux, but it is too early to know whether we are seeing a repeat of the 1980s. In the U.S., the Utah Division of Water Quality issued a groundwater permit to Red Leaf Resources, which now has the go-ahead to establish a small-scale commercial production system based on the EcoShale process as a joint venture with Total. A challenge by environmental groups was settled by allowing access to groundwater monitoring data. However, that project is now delayed by a year or more, and the time will be used to accelerate design optimization. TomCo received temporary approval to establish a commercial operation using the EcoShale process 15 miles from the Red Leaf operation. Enefit is making progress getting permits for development of its private lands in Utah and successfully resolved a potential environmental roadblock by working with local officials, who created a conservation plan for a potentially rare plant.
    [Show full text]
  • Technology Portfolio of China Liquid Fuel Industry to Address Energy Security and Environmentally Friendly Development
    YSSP Report Young Scientists Summer Program Technology portfolio of China liquid fuel industry to address energy security and environmentally friendly development Bingqing Ding ([email protected]) Approved by: Supervisor: Tieju Ma, Marek Makowski and Behnam Zakeri Program: Transitions to New Technologies Date: 30 October 2020 This report represents the work completed by the author during the IIASA Young Scientists Summer Program (YSSP) with approval from the YSSP supervisor. This research was funded by IIASA and its National Member Organizations in Africa, the Americas, Asia, and Europe. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. For any commercial use please contact [email protected] YSSP Reports on work of the International Institute for Applied Systems Analysis receive only limited review. Views or opinions expressed herein do not necessarily represent those of the institute, its National Member Organizations, or other organizations supporting the work. ii ZVR 524808900 Table of Contents Abstract iv Acknowledgments v About the authors v 1. Introduction 1 2. Technological options 3 3. System optimization model 4 3.1 Model framework _______________________________________________________ 4 3.2. Definition of notations ___________________________________________________ 5 3.3 Model _________________________________________________________________ 6 4. Data collection and parameter assumptions 9 4.1. Demand for diesel and gasoline ____________________________________________ 9 4.2. Feedstock prices in the base year __________________________________________ 9 5. Scenario analysis 10 5.1 Four scenarios _________________________________________________________ 10 5.2 Result under the four scenarios ___________________________________________ 11 5.2.1 Capacity configuration of different technologies __________________________ 11 5.2.2 The accumulated total system cost ____________________________________ 13 5.2.3 Sensitivity analysis _________________________________________________ 14 6.
    [Show full text]
  • Elemental Characteristics of Lacustrine Oil Shale and Its Controlling Factors of Palaeo-Sedimentary Environment on Oil Yield
    Acta Geochim (2018) 37(2):228–243 https://doi.org/10.1007/s11631-017-0206-y ORIGINAL ARTICLE Elemental characteristics of lacustrine oil shale and its controlling factors of palaeo-sedimentary environment on oil yield: a case from Chang 7 oil layer of Triassic Yanchang Formation in southern Ordos Basin 1 1 2 2 Delu Li • Rongxi Li • Zengwu Zhu • Feng Xu Received: 27 April 2017 / Revised: 4 July 2017 / Accepted: 20 July 2017 / Published online: 27 July 2017 Ó Science Press, Institute of Geochemistry, CAS and Springer-Verlag GmbH Germany 2017 Abstract As an important unconventional resource, oil Paleosalinity and paleohydrodynamics have an inconspic- shale has received widespread attention. The oil shale of uous influence on oil yield. the Chang 7 oil layer from Triassic Yanchang Formation in Ordos Basin represents the typical lacustrine oil shale in Keywords Elemental geochemistry Á Palaeosedimentary Á China. Based on analyzing trace elements and oil yield Main controlling factors Á Lacustrine oil shale Á Triassic Á from boreholes samples, characteristics and paleo-sedi- Ordos Basin mentary environments of oil shale and relationship between paleo-sedimentary environment and oil yield were studied. With favorable quality, oil yield of oil shale varies 1 Introduction from 1.4% to 9.1%. Geochemical data indicate that the paleo-redox condition of oil shale’s reducing condition Regarded as one of the important unconventional from analyses of V/Cr, V/(V ? Ni), U/Th, dU, and authi- resources, oil shale is a solid organic sedimentary rock genic uranium. Equivalent Boron, Sp, and Sr/Ba illustrate (Liu et al.
    [Show full text]
  • Fuzhou, Formerly Romanized As Foochow, Is an Old Port City, Marco Polo Visited It. in the 19Th Century, It Exported More Tea Than Any Other Chinese Port
    Fuzhou, formerly Romanized as Foochow, is an old port city, Marco Polo visited it. In the 19th century, it exported more tea than any other Chinese port. Today, it is the capital and one of the largest cities in Fujian province, China. Fuzhou locates in southeast coast of China and is divided from Taiwan Island by Taiwan Strait. Its population was 7.15 million inhabitants, of which urban represents 61.95% while rural population consisting 38.08%. Fuzhou is one of the 14 open costal port cities. The city is also the famous overseas Chinese hometown in China. There are as many as 3 million overseas Chinese originally from Fuzhou, distributing in 102 countries and regions of five continents. Besides Mandarin, Fuzhou region has its own language, called Fuzhou Hua (Fuzhou speech) or Mindong (Eastern Min, where "min" is another name for Fujian). Fuzhou has a humid subtropical climate influenced by the East Asian Monsoon; the summers are long, very hot and humid, and the winters are short, mild and dry. In most years, torrential rain occurs during the monsoon in the second half of May. Fuzhou is also liable to typhoons in late summer and early autumn. The monthly 24-hour average temperature ranges from 10.9 °C (51.6 °F) in January to 28.9 °C (84.0 °F) in July, while the annual mean is 19.84 °C (67.7 °F). With monthly percent possible sunshine ranging from 24 percent in March to 54 percent in July, the city receives 1,607 hours of bright sunshine annually.
    [Show full text]
  • Understanding the Nuances of Waishengren History and Agency
    China Perspectives 2010/3 | 2010 Taiwan: The Consolidation of a Democratic and Distinct Society Understanding the Nuances of Waishengren History and Agency Dominic Meng-Hsuan et Mau-Kuei Chang Édition électronique URL : http://journals.openedition.org/chinaperspectives/5310 DOI : 10.4000/chinaperspectives.5310 ISSN : 1996-4617 Éditeur Centre d'étude français sur la Chine contemporaine Édition imprimée Date de publication : 15 septembre 2010 ISSN : 2070-3449 Référence électronique Dominic Meng-Hsuan et Mau-Kuei Chang, « Understanding the Nuances of Waishengren », China Perspectives [En ligne], 2010/3 | 2010, mis en ligne le 01 septembre 2013, consulté le 28 octobre 2019. URL : http://journals.openedition.org/chinaperspectives/5310 ; DOI : 10.4000/chinaperspectives.5310 © All rights reserved Special Feature s e v Understanding the Nuances i a t c n i e of Waishengren h p s c r History and Agency e p DOMINIC MENG-HSUAN YANG AND MAU-KUEI CHANG In the late 1940s and early 50s, the world witnessed a massive wave of political migrants out of Mainland China as a result of the Chinese civil war. Those who sought refuge in Taiwan with the KMT came to be known as the “mainlanders” or “ waishengren .” This paper will provide an overview of the research on waishengren in the past few decades, outlining various approaches and highlighting specific political and social context that gave rise to these approaches. Finally, it will propose a new research agenda based on a perspective of migration studies and historical/sociological analysis. The new approach argues for the importance of both history and agency in the study of waishengren in Taiwan.
    [Show full text]
  • On China's Rivers
    102 A The “Last Report” On China’s Rivers Executive Summary By Bo Li, Songqiao Yao, Yin Yu and Qiaoyu Guo English Translation released in March 2014 This report is issued jointly by the following initiating and supporting organizations: Initiating organizations: Friends of Nature Institute of Public & Environmental Affairs Green Watershed SHAN SHUI Chengdu Urban Rivers Association Supported by: Nature University Xiamen Green Cross Association Huaihe River Eco-Environmental Science Research Center Green Zhejiang Saunders’ Gull Conservation Society of Panjin City Green Panjin Eco Canton EnviroFriends Institute of Environmental Science and Technology Dalian Environmental Protection Volunteers Association Green Stone Environmental Action Network Greenovation Hub Wild China Film English translation support from: China Environment Forum, Woodrow Wilson Center 1 1 First Bend of the Yangtze River FOREWORD In January 2013, the third year of China’s Twelfth • Reduce coal consumption as a percentage of prima- Five-Year Plan, the State Council released its 12th ry energy to below 65% by 2017; and, Five-Year Plan for Energy Development1, which • Construct 160 GW of hydropower capacity and to included targets that aim to shift China’s energy mix raise nationwide hydropower capacity to 290 GW. to one that pollutes less yet still fuels the country’s growing energy needs. Specifically, by 2015 the Plan If the Plan’s hydropower targets are to be met, by proposes to: 2015, nationwide conventional hydropower installed capacity will reach 48% of the technically exploitable • Increase the proportion of non-fossil fuels in overall hydropower potential, and 72% of the economically primary energy use to 11.4 percent; recoverable potential.
    [Show full text]
  • China - Peoples Republic Of
    GAIN Report – CH9623 Page 1 of 18 THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Voluntary - Public Date: 12/06/2009 GAIN Report Number: CH9623 China - Peoples Republic of Post: Guangzhou Fuzhou, propelled by the ocean’s legacy, sails on Report Categories: Market Development Reports Approved By: Joani Dong, Director Prepared By: May Liu Report Highlights: Fuzhou, capital of Fujian province, on China’s southeastern coast, across from Taiwan, inherits a legacy from the ocean. During its more than 2,200 year history, many of its people took to the seas for America, among many other countries, to settle and spread awareness about western products to family back home. In the 1900’s it established a navy yard and naval academy. It is defined by its proximity and trade with Taiwan – and waterway connecting the two. Fuzhou owes its cross-straits and export trade to its abundant source of aquaculture and natural resources. The city plans to sail on with ambitious plans to develop infrastructure and port facilities. These factors spell opportunity for U.S. agricultural products. Includes PSD Changes: No Includes Trade Matrix: No Annual Report Guangzhou ATO [CH3] [CH] UNCLASSIFIED USDA Foreign Agricultural Service GAIN Report – CH9623 Page 2 of 18 Table of Contents UNCLASSIFIED USDA Foreign Agricultural Service GAIN Report – CH9623 Page 3 of 18 I. Fuzhou at a glance Fuzhou, the capital of Fujian province, has a population of 6.8 million. Fuzhou covers 7,436 square miles (11, 968 square kilometers).
    [Show full text]
  • YUSEI HOLDINGS LIMITED 友成控股有限公司* (Incorporated in the Cayman Islands with Limited Liability) (Stock Code: 96)
    THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION If you are in doubt as to any aspect of this circular, the Whitewash Waiver or the action to be taken, you should consult a licensed securities dealer or registered institution in securities, a bank manager, solicitor, professional accountant, or other professional adviser. If you have sold or transferred all your shares in YUSEI HOLDINGS LIMITED, you should at once hand this document and the accompanying form to the purchaser or to the licensed securities dealer or registered institution in securities or other agent through whom the sale was effected for transmission to the purchaser. The Securities and Futures Commission of Hong Kong, Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this circular, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this circular. This circular appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities. YUSEI HOLDINGS LIMITED 友成控股有限公司* (Incorporated in the Cayman Islands with limited liability) (Stock Code: 96) (1) CONNECTED TRANSACTION RELATING TO THE SUBSCRIPTION FOR NEW SHARES; (2) APPLICATION FOR WHITEWASH WAIVER; AND (3) NOTICE OF EGM Financial Adviser to the Company First Shanghai Capital Limited Independent Financial Adviser to the Independent Board Committee and the Independent Shareholders REORIENT Financial Markets Limited A letter from the Board is set out on pages 5 to 16 of this circular.
    [Show full text]
  • The Neolithic Ofsouthern China-Origin, Development, and Dispersal
    The Neolithic ofSouthern China-Origin, Development, and Dispersal ZHANG CHI AND HSIAO-CHUN HUNG INTRODUCTION SANDWICHED BETWEEN THE YELLOW RIVER and Mainland Southeast Asia, southern China1 lies centrally within eastern Asia. This geographical area can be divided into three geomorphological terrains: the middle and lower Yangtze allu­ vial plain, the Lingnan (southern Nanling Mountains)-Fujian region,2 and the Yungui Plateau3 (Fig. 1). During the past 30 years, abundant archaeological dis­ coveries have stimulated a rethinking of the role ofsouthern China in the prehis­ tory of China and Southeast Asia. This article aims to outline briefly the Neolithic cultural developments in the middle and lower Yangtze alluvial plain, to discuss cultural influences over adjacent regions and, most importantly, to examine the issue of southward population dispersal during this time period. First, we give an overview of some significant prehistoric discoveries in south­ ern China. With the discovery of Hemudu in the mid-1970s as the divide, the history of archaeology in this region can be divided into two phases. The first phase (c. 1920s-1970s) involved extensive discovery, when archaeologists un­ earthed Pleistocene human remains at Yuanmou, Ziyang, Liujiang, Maba, and Changyang, and Palaeolithic industries in many caves. The major Neolithic cul­ tures, including Daxi, Qujialing, Shijiahe, Majiabang, Songze, Liangzhu, and Beiyinyangying in the middle and lower Yangtze, and several shell midden sites in Lingnan, were also discovered in this phase. During the systematic research phase (1970s to the present), ongoing major ex­ cavation at many sites contributed significantly to our understanding of prehis­ toric southern China. Additional early human remains at Wushan, Jianshi, Yun­ xian, Nanjing, and Hexian were recovered together with Palaeolithic assemblages from Yuanmou, the Baise basin, Jianshi Longgu cave, Hanzhong, the Li and Yuan valleys, Dadong and Jigongshan.
    [Show full text]