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Business Tianjin Port to raise HK$2.4b Tianjin Port Development Holdings Ltd said yesterday it will raise a net HK$2.4 billion placing 986.5 million shares at HK$2.50 each. Local China's first shoe museum opens in Tianjin More than 1000 pairs of all types of footwear will be on display at the Huaxia Shoe Culture Museum. Binhai New Area Zong Guoying elected head of Binhai New Area Zong Guoying was elected head of Tianjin's Binhai New Area at the first session of the first People's Congress of Binhai.

CNPC to build new crude oil tanks in Tianjin 2010-02-09 China National Petroleum Corp (CNPC) plans to invest 980 million yuan to build crude oil storage tanks in the northern port city of Tianjin. Construction of the facilities, with a combined capacity of 1 million cubic meters, will start in March and be completed by the end of this year, Xinhua News Agency reported, citing an agreement signed by CNPC and the local government of Tianjin yesterday. The storage tanks will make an important contribution to stabilizing China's energy supplies, Xinhua said.

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