Shanxi coalmine owners shift investment to Xinjiang

时间：2007-11-20 07:37:09

（单词翻译:单击）

Chinanews, Beijing, Nov. 19 – “You ask me the date of my return -- no date has been set…” Recently, a coalmine owner in Shanxi, who had been to Xinjiang to do investigation1 before making investment, quoted verses from an old poem to describe his trip to and his feelings about Xinjiang Uygur Autonomous2 Region.

 

In 2004, the coalmine owner, Li Anming, sold all of his properties in Shanxi and settled in Xinjiang with his family. They lived in Fukang, a small city not far away from the regional capital Urumqi. There Li built a coalmine with an annual output of 90,000 tons, mainly coking coal.

 

“So far, I have already invested more than 100 million yuan (in the coalmine),” Li said. It usually takes about 3-5 years for a new coalmine to become profitable. Right now, his coalmine is still in the investing period.

 

Li was not the only one in Shanxi who shifted to Xinjiang for making investment. From 2004, about 20 investors3, who formally owned a private coalmine in Shanxi, have come to Xinjiang, most of them settled near Urumqi or the southern part of Xinjiang, to exploit coal resources.

 

At present, lots of Shanxi coalmine owners are considering making investment in Xinjiang. The money they have for investment could reach 400 billion yuan. As coal resources were getting scarce in Shanxi and local government has taken strict measures to control privately-owned small coalmines, many Shanxi coalmine owners think it may be good for them to shift to Xinjiang for making investment now, said a person in charge at the Shanxi provincial4 government resident office in Xinjiang.

 

“In Shanxi, a person with over 100 million yuan might not be able to get a good coalmine for investment now. In addition, land resources in Shanxi are very limited – you might not be able to get enough land to build a coking plant,” said Zhang Jianping, a private coalmine boss from Shanxi who has settled in Xinjiang for many years.

 

By contrast, Xinjiang has rich land resources. In the next stage, Zhang plans to build up an integrated coal processing plant whose business will not just cover coalmine exploitation, but also coal washing and coking, as well as the making of by-products such as reduced iron, crude benzol processing, the utilization5 of coke oven gas and thermal6 electricity, Zhang said.

 

“If we could build a complete chain in coal industry, its economic benefit might be 3-5 times the economic benefit from mere7 coal exploitation, ” Zhang noted8.

 
分享到：


点击收听单词发音收听单词发音  

1 investigation MRKzq     
n.调查，调查研究
参考例句：
  • In an investigation,a new fact became known, which told against him.在调查中新发现了一件对他不利的事实。
  • He drew the conclusion by building on his own investigation.他根据自己的调查研究作出结论。
2 autonomous DPyyv     
adj.自治的；独立的
参考例句：
  • They proudly declared themselves part of a new autonomous province.他们自豪地宣布成为新自治省的一部分。
  • This is a matter that comes within the jurisdiction of the autonomous region.这件事是属于自治区权限以内的事务。
3 investors dffc64354445b947454450e472276b99     
n.投资者，出资者( investor的名词复数 )
参考例句：
  • a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
  • a cash bonanza for investors 投资者的赚钱机会
4 provincial Nt8ye     
adj.省的，地方的；n．外省人，乡下人
参考例句：
  • City dwellers think country folk have provincial attitudes.城里人以为乡下人思想迂腐。
  • Two leading cadres came down from the provincial capital yesterday.昨天从省里下来了两位领导干部。
5 utilization Of0zMC     
n.利用，效用
参考例句：
  • Computer has found an increasingly wide utilization in all fields.电子计算机已越来越广泛地在各个领域得到应用。
  • Modern forms of agricultural utilization,have completely refuted this assumption.现代农业利用形式，完全驳倒了这种想象。
6 thermal 8Guyc     
adj.热的，由热造成的；保暖的
参考例句：
  • They will build another thermal power station.他们要另外建一座热能发电站。
  • Volcanic activity has created thermal springs and boiling mud pools.火山活动产生了温泉和沸腾的泥浆池。
7 mere rC1xE     
adj.纯粹的；仅仅，只不过
参考例句：
  • That is a mere repetition of what you said before.那不过是重复了你以前讲的话。
  • It's a mere waste of time waiting any longer.再等下去纯粹是浪费时间。
8 noted 5n4zXc     
adj.著名的，知名的
参考例句：
  • The local hotel is noted for its good table.当地的那家酒店以餐食精美而著称。
  • Jim is noted for arriving late for work.吉姆上班迟到出了名。

©2005-2010英文阅读网