CHINA EXPANDS REFINING SECTOR TO HANDLE BOOMING OIL DEMAND

China's refining sector is in the midst of a major expansion and reorganization in response to booming domestic demand for petroleum products. Plans call for hiking crude processing capacity to 3.9 million b/d in 1995 from the current 3.085 million b/d. Much of that 26% increase will come where the products demand growth is the strongest: China's coastal provinces, notably those in the Southeast.