Cover Story - Chinadaily.com.cn

Cover Story

Carbon market helps cut emissions

[2013-07-29 07:17]

On July 18, one month after China launched its first pilot carbon-trading program in Shenzhen, Guangdong province, the city began consulting local businesses and government departments about its draft regulations for the project. The regulations emphasize that carbon credits are corporate assets.

Carbon offsets offer rewards

[2013-07-29 07:17]

Shenzhen is planning to allow more than 3 million tons of Chinese Certified Emission Reductions, also known as carbon offsets, a year to enter its carbon trading market in the period 2013 to 2015. The number of CCERs the city will receive from all over China will account for about 10 percent of its total carbon credits, said Ge Xing'an, vice-president of the China Emissions Exchange.

'The bar is too high'

[2013-07-29 07:17]

Foxconn Technology Group has nine companies in Shenzhen listed under the local government's carbon-emissions management program. This year, the group received 2.97 million metric tons of carbon credits. The figure will rise to 3.37 million tons in 2014 and 3.52 million tons in 2015, accounting for about 10 percent of the city's total carbon credits.

Terraces on top of the world

[2013-07-26 08:33]

Thick fog enveloped the mountains and hills in Xinjie township, Yuanyang county, on a morning in early July, a noted period of heavy rains in Yunnan province. When the wind blew, the Hani rice terraces dominated the view as they climbed one above the other, providing a picture-perfect example of traditional land layering.

Glance

[2013-07-26 08:33]

China's other world heritage sites:

The world's most expensive crayfish

[2013-07-26 08:33]

The villagers say Hani farmers fell in love with crayfish after a small number of the crustaceans were imported from Jiangsu province several years ago. The crayfish, which were intended as a food source, were introduced to fields with adequate water to ensure their survival, but their numbers expanded so rapidly that the rice terraces sustained enormous damage.