Gas imports to rise in winter, economic planner says
China will aim to boost natural gas imports and boost its crude oil storage capacity this winter as it deals with rising energy demand over the peak consumption season. TheNational Development and Reform Commission said on its website that overall energy supplies were likely to be sufficient during the period, but some regional shortages were likely. Chinese energy use peaks in winter with power demand soaring and urban heating systems switching on throughout the north of the country putting pressure on coal and natural gas supplies, as well as the transportation network. biggest advance in a year, on signs regulators will allow insurers to sell preferred shares. Yanzhou CoalMining Co climbed 3.6 percent, paring a discount to its Shanghai-listed shares to 39 percent before an exchange link starts next week.