Wednesday, November 15, 2000, updated at 09:46(GMT+8)
Business
BP Company to Increase Investment in China
The BP Company, a renowned oil giant, will increase its investment in China, said Christ Gilson-Smith, a senior official from BP.
Over the past 20 years, BP has invested US$3.5 billionin China, the largest investor in China from the world's energy sector, he said.
BP's business in China mainly involves chemical and oil products, he said, adding that BP is planning a new series of projects in China with investment expected to exceed US$4.5 billion.