The following are some Chinese economic news items in brief: CHINA'S INSTALLED CAPACITY OF WIND POWER TO REACH 120 TO 150 MLN KW. IN 2020 The installed capacity of wind power in China exceeded 25,000 megawatts in 2009 and the increased by more than 100 percent in the last five years, according to a report of the Ministry of Science and Technology released Tuesday at the Untied Nations Climate Change Negotiations held in north China's Tianjin Municipality. China's wind power capacity is expected to reach 120 to 150 million kilowatts in 2020, the report said. CHINA TO ACHIEVE 20,000 MEGAWATT INSTALLED CAPACITY OF PHOTOVALTAIC POWER IN 2020 The installed capacity of photovoltaic power in China is expected to reach 20,000 megawatts in 2020, said a report of the Science and Technology Ministry. Two thirds of the nation's land receives more than 2,200 hours of sunshine annually, which provides good conditions for developing solar energy, the report said. China's photovoltaic power reached 2 million kilowatts in 2008, or 30 percent of the world's total. CHINA HAS 6.8 BLN CUBIC METERS GEOTHERMAL WATER TO BE EXPLOITED YEARLY China has 6.8 billion cubic meters of geothermal water available to be exploited annually, equivalent to 32.8 million tonnes of standard coal, said the report of the ministry. Chinese enterprises made 7.09 billion yuan (about 824 million U.S. dollars) in profits out of geothermal water in 2008. By 2010, the installed capacity of terrestrial heat power will be five megawatts, said the report. NEW EXPRESS TRAINS FOR BEIJING-SHANGHAI EXPRESS RAILWAY NEXT YEAR New express trains with a maximum speed of 420 kilometers per hour will be put into use on the Beijing-Shanghai express railway by the end of 2011, the report said. The trains will run at a speed of 380 kilometers per hour although they can reach speeds of 420 kilometers per hour on the 1,318-km-long railway between the two cities, the report said. 