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North China grain exports to Russia increase 26.5% amid Russian drought

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BEIJING, Aug. 22 (Xinhua) -- The following are some China economic news items in brief.

CHINESE GRAIN EXPORTS TO RUSSIA SOAR

Chinese grain exports to Russia from Manzhouli, in north China's Inner Mongolia Autonomous Region, hit 12,000 tonnes in the first seven months of the year, up 26.5 percent from the same period last year, customs statistics show.

The value of the grain exports during the period rose to 3.58 million U.S. dollars during the period, up 110 percent from a year earlier.

The increase in grain exports to Russia has been driven by the drop in Russian grain output after the country was hit by drought from May.

NORTH CHINA PROVINCE WINS APPROVAL TO TRIAL SULFUR DIOXIDE EMISSION TRADING

Northern China's Shanxi Province, a major sulfur dioxide (SO2) emitter, has won approval for its thermal power plants to trial SO2 emissions trading, the provincial environmental protection bureau said.

The trading system sets a cap on the amount of SO2 emitted by the province.

Plants emitting less than their quota will be able to sell the excess emission credits to heavier polluters.

The system is designed to reduce pollution.

Shanxi is China's top coal production base. It emitted 1.27 million tonnes of SO2 in 2009.

CENTRAL CHINA PROVINCE TO STAGE INT'L INVESTMENT FAIR

Central China's Henan Province will host an international investment and trade fair from Aug. 26 to Aug. 28 in Zhengzhou, the capital.

The organizer said 5,018 overseas visitors and 6,904 Chinese visitors have registered to attend the fair.

The China Henan International Investment and Trade Fair has been organized five times in the past 10 years by the provincial government of Henan, the China Council for the Promotion of International Trade, and the Chinese People's Association for Friendship with Foreign Countries.

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