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HOUSTON Cheap Mahmoud Dahoud Jersey , July 21 (Xinhua) -- The Houston petrochemical company LyondellBasell said it will move forward with its most expensive project ever near the Houston Ship Channel that would become the largest factory of its kind in the world.


According to local media reports Friday, the 2.4- billion-U.S.-dollar plant would create some 2,500 construction jobs and 160 permanent positions, representing a continuation of the petrochemical boom along the U.S. coast.


The Houston area today boasts one of the world's greatest concentrations of petrochemical plants. Even the industry's expansion has slowed as projects have been completed, but it continues to attract investment from some of the world's biggest companies.


Houston is the most populous city in the State of Texas and the fourth-most populous city in the United States.


Top Chinese leaders visit military exhibition


Road submerged due to flood in east China's Jiangxi


Shop blast leaves 2 dead, 55 injured in east China city


AOPA-China Fly-In 2017 air show opens in SW China's Guizhou


In pics: Xinjiang's most beautiful highway


23rd Summer Deaflympics opens in Samsun, Turkey


In pics: China's CH-5 drone completes trial flight


In pics: ethnic embroidery show in SW China's Yunnan


BANGKOK, July 11 (Xinhua) -- Regional cooperation is a key for Asia to go through hard times amid the rise of de-globalization, scholars from various Asian countries agreed at Boao Forum for Asia (BFA) on Tuesday.


Regional cooperation will be a "magic wand" to help Asia out from increasing challenges of de-globalization, said Zeng Peiyan, vice chairman of the BFA, adding that the region has been struggling with external trade protectionism and financial fluctuation as well as internal reforms, livelihood issues and economic transition especially in 2017, a year awash with political and economic volatility.


Asia has benefited enormously from globalization, Zeng said, explaining that in 1981, nearly 1.6 billion people were characterized as living in poverty but today the figure has dropped to 330 million due to the openness and active participation in globalization in the region.


Zeng was speaking at the BFA held in Thai capital Bangkok where leaders and thinkers gathered to discuss topics including Asian economic integration, how to connect Asia and ASEAN-China free trade area, among others.


Infrastructure development and production capacity cooperation in recent years, serving as a new engine for Asian regional cooperation, has brought fast economic growth in the region, according to Surakiart Sathirathai, former deputy prime minister of Thailand.


The Regional Economic Outlook for Asia and the Pacific estimates growth for the region to increase this year to 5.5 percent from 5.3 percent in 2016.


Growth will remain strong at 5.4 percent in 2018, as the region continues to be the leader of global growth among a world beset by slowing international trade, shrinking investment and frequent security issues, said the report.


Surakiart believes the conference, bringing together around 300 leaders from various communities to brainstorm new approaches and challenges to Asian regional cooperation and identify new opportunities of cooperation in different sectors, will be a great platform amid a world of rising distrust and protectionism.


Soldiers, officers of aircraft carrier Liaoning visit elders in HK


Celebration for liberation of Mosul held in Iraq


Ancient city wall under repair in N China's Hebei


Villagers scramble to catch fish in S China's folk festival


Soldiers, officers of aircraft carrier Liaoning visit elders in HK


Number of Tibetan antelopes rises to over 200,000 at Changtang in Tibet


Blooming cole flowers attract tourists in NW China's Xinjiang


Weekly choices of Xinhua photo

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