BEIJING, March 26 (Xinhua) The UK's energy consumption was 213 million tonnes of oil equivalent last year, down 5.4% from 2008, according to statistics released by the UK Energy and Climate Change department. Last year, Britain's total energy consumption declined for the fifth consecutive year. Japan Daily Steel company revealed that the company is studying to China Baosteel Group to strengthen cooperation with the latter to expand the stainless steel business, improve competitiveness. Egypt's economic minister, Osman predicts that the end of this year in June, the Egyptian economy will grow 5.8%, the next fiscal year will increase 6.5%. Affected by the financial crisis, Egypt's tourism, Suez Canal and remittances income shrank, the 2008-2009 fiscal year, its economic growth rate of only 4.7%. British retail sales rose by 1.9% per cent in February this year, up 5% Year-on-year, above market expectations, according to statistics published by the National Bureau of Statistics. This is largely due to rising consumer demand for household appliances and fuel. The Peruvian foreign Trade and Tourism minister, Martin Peyresse, who is visiting Ecuador, said that Chinese companies could invest in production or processed products in Peru for export to the US market, and that Peru could use the preferential tariff treatment enjoyed by the FTA with the United States to facilitate the entry of Chinese products into the United States. The free trade agreement between China and Peru, which entered into force March 1, will provide a wide range of facilities for mutual investment and trade exchanges between the two companies.
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