It should be feasible to scrap the subsidy support for China's wind power development by 2022 given the expected decline in generation costs from lower turbine costs and higher production yields, analysts said.
PARIS - New International Cycling Union (UCI) president David Lappartient told AFP on Thursday that he would support a salary cap as the sport looks at ways of improving competitiveness and avoiding the sort of dominance that Team Sky has enjoyed in recent years.
ARLINGTON, Texas - Philip Rivers was more than comfortable on the Thanksgiving stage for the first time in his 14 NFL seasons.
PARIS - Arsene Wenger's Arsenal secured top spot in Europa League Group H on Thursday despite slumping to a 1-0 defeat at Cologne, while AC Milan reached the last 32 by thrashing Austria Vienna.
MILAN - An Italian court sentenced former AC Milan and Brazil forward Robinho in absentia to nine years in prison on Thursday after convicting him of taking part in a gang rape of an Albanian woman in 2013.
LONDON - Tottenham Hotspur manager Mauricio Pochettino on Thursday played down talk of a rift between himself and fullback Danny Rose after the England international was left out of last week's north London derby against Arsenal.
The central government is planning to set up a special fund of up to 100 billion yuan ($15.19 billion) to accelerate mixed-ownership reform by the first half of next year, China Securities Journal reported on Thursday.
Zhima Credit, the online credit scoring service of e-commerce giant Alibaba, said on Wednesday that it would invest 1 billion yuan ($151 million) to eliminate security deposits in the sharing economy.
United Overseas Bank (China) Ltd, a wholly owned subsidiary of Singapore-based UOB, opened a branch in Kunming, Yunnan province, on Thursday in an effort to help Chinese companies expanding into Southeast Asia.
The Canadian province of British Columbia made its second yuan-denominated bond issue of 1 billion yuan ($151 million) in the Chinese market on Wednesday, supporting the development of the domestic interbank market while anticipating a further opening of the financial sector.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
