Chinese construction equipment manufacturer Sany Heavy Industry Co Ltd ranked first in the world in excavator sales in 2020, surpassing peers including Caterpillar Inc from the United States and Japan's Kubota, the company said on Monday.

Thanks to the economic recovery and production capacity resurgence, the country's listed coal companies saw their profits soar during the first three months, and an analyst believes the momentum is set to continue.

The China Securities Regulatory Commission (CSRC) has given the green light to the trading of crude oil and palm oil options and approved the introduction of overseas investors in the trading, according to a CSRC announcement on Friday.

The country's largest independently designed and constructed offshore crude oil production platform-Lufeng 14-4 central platform-has completed float-over installation on Thursday in the South China Sea, which will further enhance the country's large-scale offshore oil and gas equipment construction and installation capabilities, China National Offshore Oil Corp said on Wednesday.

Recently, China Petrochemical Corp, or Sinopec Group, has discovered abundant flows of natural gas and crude oil at the Shunbei-42X well and the Shunbei-41X well in the petroliferous Tarim Basin in the Xinjiang Uygur autonomous region.

A prototype space mining spacecraft was sent into its planned orbit on Tuesday from the Taiyuan Satellite Launch Center in north China's Shanxi Province.

The spacecraft NEO-01, developed by Chinese commercial aerospace company Origin Space Co., Ltd., was among a total of nine satellites sent into space by a Long March-6 rocket on Tuesday.

BEIJING, April 19 (Xinhua) -- A futures exchange was launched in China's southern city of Guangzhou on Monday, the country's top securities regulator said.

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