China has banned processing trade companies to export and import heavy diesel oil and fuel for the first time amid rising concern from home and abroad on the country's hefty energy consumption, Xinhua learned Friday from the Ministry of Commerce.
Under the 2007 Prohibited List for Processing Trade which takes effect on April 26, processing trade companies will not be allowed to deal with 990 products with 186, mostly unrenewable resources, newly added on.
The prohibition was jointly released by the Commerce Ministry, the General Administration of Customs and the State Environmental Protection Administration.
(Xinhua News Agency April 6, 2007)