Tencent Holdings Ltd also said in an earlier earnings call that the company's stockpile of H800 chips developed by US AI chip company Nvidia is large enough to sustain development of its AI model, Hunyuan, for the foreseeable future, adding it will figure out ways to make usage of AI chips more efficiently.
腾讯控股有限公司（Tencent Holdings Ltd）在早些时候的电话财报会议上还表示，该公司由美国人工智能芯片公司英伟达（Nvidia）开发的H800芯片库存足够大，足以在可预见的未来维持其人工智能模型“混元”的开发，并补充说，该公司将找出更有效地利用人工智能芯片的方法。
Huawei Technologies Co said on Wednesday that it has the ability to satisfy the needs of its customers, especially various enterprises, as the company has poured a large amount of cash over the past two years to build up its stockpiles of chips in response to US government restrictions and sanctions.
One strategy is to stockpile daily necessities to reduce unnecessary shopping trips, and another is to strengthen awareness of isolation tips.
"Masks are mainly used by those who work at factories and hospitals, and few families would have a stockpile of masks for daily use, even though people would wear them at times of air pollution or flu," she said, adding it is the same with shortage of protective suits.
Huawei Technologies Co confirmed this week it will continue to provide security updates and after-sales service for all of its smartphone and tablet products, including those that have already been sold globally, and those in its stockpiles.
Reducing excess food stockpiles has been part of China's effort in cutting inefficient supply, which has also seen capacity cuts in the steel and coal sector, according to the government work report of 2018.
China's push to further expand production and consumption of bioethanol this year in order to clean up the environment, while seeking more channels to consume corn and grain stockpiles, has created a huge biofuel market that is tempting global chemical companies.
The administration said it would further accelerate the use of grain stockpiles this year and reform grain storage mechanisms to make them more market-oriented.
"Low prices in the past five years have seen China stockpile uranium reserves.
With the growing importance of global supply chain security and economic resilience, China needs to further expand its commodity imports in future and increase its stockpiles to guard against potential economic risks, and the country should enhance preparedness for any possible political and diplomatic changes or shocks.
China's top economic planner said Friday it will stockpile pork, the country's staple meat, to replenish central reserves, as an index monitoring pork prices has dropped to a warning level.
- China's top economic planner said Friday it would stockpile 20,000 tonnes of frozen pork to replenish state reserves, as an index monitoring pork prices has dropped below the warning level.
While the world is facing tight energy supplies, Lian said China is able to ensure stable energy during the heating season given its sufficient natural gas reserves and rising coal stockpiles at power plants.
So far, coal stockpiles at the country's major power plants reached 175 million tons, which is adequate for 22 days of consumption.
During exchanges with executives of small and medium-sized enterprises, Li was told that they are still troubled by gridlocks in logistics, which has increased their stockpiles.
It said that if necessary, the stockpile will be strengthened to help prices of live hogs recover to a reasonable level and ensure a stable market.
The first two rounds, which led to a stockpile of 78,000 tons of frozen pork, have temporarily adjusted the supply structure, Zhu said.
The National Development and Reform Commission announced Monday to stockpile pork to replenish state reserves.
China's top economic planner announced Monday to stockpile pork, the country's staple meat, to replenish state reserves, as an index monitoring pork prices have dropped below a warning level.
China is capable of ensuring stable coal supplies this winter and next spring with the increase in coal production and the rising stockpiles at power plants and ports, the country's top economic regulator said on Tuesday.
On Sunday, coal stockpiles at the country's major power plants reached 129 million tons, and the number is set to exceed 140 million tons at the end of this month.
Coal stockpiles at the Qinhuangdao port reached 5.39 million tons on Sunday, an increase of nearly 1.5 million tons from the end of September.
On Saturday, coal stockpiles at the country's major power plants hit 117 million tons, up over 40 million tons from the end of September.
The NDRC noted the prices of both thermal coal products and futures have dropped significantly with the increase in coal supplies and rising stockpiles at power plants and ports.
On Sunday, coal stockpiles at the country's major power plants reached 95.69 million tons, up 17 million tons from the end of September, which are adequate for 17 days of consumption.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of coal prices in North China's major ports, stood at 559 yuan (about $83.2) per tonne Wednesday, according to the Qinhuangdao Ocean Shipping Coal Trading Market Co Ltd. Analysts said the stable price came due to a variety of factors with the weak seasonal demand for the fossil fuel offsetting building of coal stockpiles for winter.
Coal stockpiles of China's major power plants have exceeded 200 million metric tons, reaching a historic high and enough for 33 days of use, said the National Development and Reform Commission, China's economic regulator, on Thursday.
"Edible salt products are of ample supply and of stable production capacity in China," said Wang Xiaoqing, director-general of the China Salt Association, adding that there is no need to stockpile salt products.
According to the bureau, Macao currently has a local stockpile of over 190,000 kilograms of table salt, sufficient to meet the needs of Macao's population for about 37 days.
China has enough salt, so there is no need to stockpile salt and the panic salt buying behavior, affected by Japan's nuclear pollution, is unnecessary, CCTV reported on Friday, citing China Salt Association.
China's salt reserves are sufficient and production capacity is stable, which can fully guarantee salt supply, so the masses do not need to stockpile salt.
We usually keep an additional stockpile of about one to two months' sales volume for emergency use and that stockpile ran out in just two weeks," Chen said.
So far, coal stockpiles at the country's major power plants have hit over 165 million tons, up over 40 million tons over the same period last year.
China's top economic planner said on Tuesday that it is ready to stockpile pork, the country's staple meat, for state reserves, as an index monitoring pork prices triggered a second-level warning.
Copper stockpiles reached 89,000 tons at the end of October, down 13 percent from end-September.
And we don't rule out the possibility that prices will fall significantly as various parties may reduce their coal stockpiles.
"The FOB(free on board) contract we signed did protect us from paying the escalating logistics costs, but we were equally hurt by the stockpiles of products and follow-up capital flow stress," Li said.
As a result, export-oriented companies like Easy-try Cycles are experiencing inventory stockpiles.
According to Li, coal stockpiles at the country's power plants were adequate for more than 18 days of consumption.
By Monday, coal stockpiles at the country's power plants were adequate for 17 days of consumption, while those in Hunan and Jiangxi were sufficient for 25 days and 16 days of consumption, a high reading from recent years, said Huang.
NEW YORK -- Oil prices surged on Wednesday after data showed US crude stockpiles fell considerably last week.
Despite improvement last month, the profit decline in Q1 remained relatively steep due to factors including mounting stockpile, falling factory-gate prices, rising costs as well as market demand, which has yet to fully recover from COVID-19 impact, said Zhang.
Pressure on oil storageAs one of the world's biggest energy consumers, China has been building up stockpiles of crude oil, with imports rising 5 percent to 130 million metric tons during the first quarter.
The stockpiles of five types of steel products in 20 cities totaled 19.06 million tons late last month, down 5.7 percent from early March, data showed.
Now it has a 40-ton stockpile of unsold tea.
"The virus has left a larger stockpile of 4G smartphones than expected.
Pinduoduo, a site that focuses on group buying and bulk sales, has assumed a new role: collecting information about surplus agricultural produce in order to connect the stockpile with its 500 million users.
While crude imports in January, totaling 42.59 million metric tons, are down 2.7 percent from the 43.78 million mt in December, analysts believe the figure is at an elevated level as refineries built up stockpiles ahead of the Spring Festival holiday in early February.
"We will accelerate the establishment of an efficient and modern system of grain circulation and a unified system of national stockpile reserves," said Zhang Wufeng, head of the National Food and Strategic Reserves Administration, at a national meeting.
In the aftermath of China's import ban, stockpiles of waste plastic grew and recycling companies started looking at other nations that were willing to take Britain's waste.
Despite robust daily consumption, coal stockpiles remained at a high level.
"So far, automakers have not been passing on those higher costs by raising the price of their products, and many have been using stockpiles of raw materials while sourcing cheaper alternatives.
"Toyota was the first automaker to adjust its supply chain management system from a purely 'just-in-time' model to a hybrid model where it stockpiles more of the critical components such as semiconductors," said Joshua Cobb, an auto analyst at Fitch Solutions.
Though some chipmakers reported limited short-term impacts on their production given raw material stockpiles and diversified procurement, experts warned of long-term concerns, given that Ukraine is a major supplier of raw material gases like neon, argon, krypton, and xenon for semiconductors.
Large chip inventory, 2020 revenue growth may soften COVID, US impactHuawei Technologies Co said on Wednesday that it has the ability to satisfy the needs of its customers, especially various enterprises, as the company has poured a large amount of cash over the past two years to build up its stockpiles of chips in response to US government restrictions.
Huawei did not disclose details, but experts estimate that such stockpiles could last at least until early 2021 and possibly through most of next year.
They estimate that Huawei has a stockpile of processors for smartphones and 5G base stations that could last at least until early 2021 and possibly through most of the year.
Shenzhen-based technology giant has sufficient product stockpile and other contingency plans to deal with situationFollowing recent measures taken by the United States government against Huawei Technologies Co, many have been increasingly pessimistic about the Chinese company's future.
Pinduoduo, which features group-buying and sells in bulk, has added a new functionality of collecting information on overstocked agricultural produces, with the hope of connecting the stockpile with its 500 million users.
The US, Germany and Italy, among others, hold large stockpiles of gold reserves and lead other countries by a considerable margin.
Central banks added a whopping 1,136 tons of gold worth some $70 billion to their stockpiles in 2022, by far the most for any year since 1967, the WGC said in a report in late January.
Though growth rates of exports and industrial output, measured by a two-year average, have outperformed pre-COVID-19 levels, downstream businesses are still weak with low profits, weak investment momentum and large stockpiles.
The government will focus on addressing emergency supply shortages at grassroots level, and beefing up local emergency stockpile and production capacity of medical supplies, including medicines, medical protective products and treatment equipment.
Campbell Soup has reported strong earnings, and some investors see the company as a coronavirus play as people stockpile food and supplies for a possible government-mandated shutdown of cities.
Oil prices continued to weaken after the Department of Energy said USxa0crude stockpiles increased for the sixth straight week.
The British pound ranks in third place in the survey, with 11.76 percent of respondents indicating they plan to increase their sterling stocks, and 2.94 percent indicating they will decrease their stockpile.
The pound ranks in the third place in the survey, with 11.76 percent of respondents indicating they plan to increase their sterling stocks, and 2.94 percent indicating they will decrease their stockpile.
China still needs huge capital investment in the future, although it already has the world's largest stockpile of savings, and it requires a more open financial system to allocate financial resources globally, Fang Xinghai, vice-chairman of the China Securities Regulatory Commission, said at the Boao Forum for Asia 2018.
Looking into the future, SAFE sees the forex reserves stockpile holding steady, after taking into consideration both domestic and external factors, including volatility and uncertainties in the global financial market.
China's forex stockpile has increased steadily since February 2017 after dipping below $3 trillion in January, as the economy got on a firmer footing and the yuan continued to stabilize.
The stockpile has increased steadily since February 2017 after dipping below $3 trillion in January, as the economy got on a firmer footing and the yuan continued to stabilize.
In January, the forex reserves fell below $3 trillion, but as the economy is on firmer footing and the yuan continues to stabilize, the stockpile has increased steadily since February.
The forex stockpile dipped below $3 trillion in January but increased steadily over the following 10 months, reaching $3.1193 trillion at the end of November.
In January, China's forex reserves had plunged below $3 trillion, but as the economy stands on a firmer footing and the yuan continues to stabilize, the stockpile has increased steadily since February.
In January, China's forex reserves plunged below $3 trillion, but with economy moving on to a firmer footing and the yuan stabilizing, the stockpile has increased steadily since February.
In January, China's forex reserves plunged below $3 trillion, but as the economy stands on a firmer footing and the Chinese currency, yuan, continues to stabilize, the stockpile has increased steadily since February.
The nation's foreign exchange stockpile climbed to $3.056 trillion in June, up by around 0.11 percent from the previous month, according to data released by the State Administration of Foreign Exchange on Friday.
MENG ZHONGDE / FOR CHINA DAILYChina's foreign exchange stockpile expanded for the fourth month in a row in May after capital flight pressure eased and the value of the renminbi strengthened.
As China's economy stands on a firmer footing and the government moves to stem illegal capital flight, the stockpile began to increase steadily from February.
The stockpile of debt from previous governmental over-stimulus alongside poor corporate management and lax financial supervision will take time to digest.
China's forex reserves climbed to $3.009 trillion by the end of March from 3.005 trillion dollars a month earlier, still the largest foreign exchange reserve stockpile in the world.