China National Offshore Oil Company Limited (CNOOC Ltd) announced Wednesday that it has successfully brought an onstream oilfield in the Western South China Sea.

China National Offshore Oil Company Limited (CNOOC Ltd.) announced on Wednesday that its net oil and gas output in the third quarter increased by 7.5 percent over the same period of last year.

China will need 3,000 airplanes and 6,500 aircraft engines by 2026, according to a forecast by Rolls-Royce made at the ongoing Zhuhai Airshow in south China's Guangdong Province.

Over the next five years, China's air cargo transport capacity will increase by 14 percent annually, passenger transport capacity will increase by 14.5 per cent and there will be a 10 percent overall increase in flights on major routes, according to the General Administration of Civil Aviation of China on October 30.

The International Monetary Fund (IMF) on Tuesday published a report on China, which the Executive Director for China Wang Xiaoyi said did not fully reflect the development of China's exchange regime reform.

China has set specific goals for its vast rural sector over the next five years.

The euro zone economic confidence in October hit a new high in five years, the European Commission said on Tuesday.

Kuwait Petroleum Corp.(KPC) said on Tuesday that it will store two million barrels of crude oil in South Korea, Kuwait News Agency (KUNA) reported.

The euro zone annual inflation fell to 1.6 percent in October thanks to decreasing oil prices, the European Union (EU)'s statistical office Eurostat said on Tuesday.

The world's largest helicopter manufacturer Eurocopter and China's only helicopter maker jointly claimed in Zhuhai on Tuesday they have made progress in developing an advanced helicopter, which is expected to make maiden flight in 2009.