Carbon emissions of China's power sector will peak in 2027, and will reduce to 79 percent of that in 2005 by around 2030, more than fulfilling the sector's carbon reduction commitments within the Paris Agreement on climate change, a new industry report said.
Investors looking for opportunities in the A-share market will be busy this week as a total of 22 newly listed companies are open for subscription during trading.
The construction of a high-speed railway in Central China's Hunan province got a major boost when the first cement-and-steel box girder was installed on Zhangjiashan Bridge, helping to ensure the line will officially run by the end of 2021.
Chinese hospitals, especially those with good reputations in big cities, are always crowded, with patients who have traveled long distances to wait for several hours, or even all night, just for a few minutes' consultation with a doctor.
Government efforts to reduce the reliance of public hospitals on drug sales for revenue are driving the growth of alternative sales channels, but obstacles hindering development persist, industry experts said.
Wind and solar photovoltaic power are likely to achieve grid price parity within 2020, while at the same time, their quick development will further diminish the share of hydropower in the total power output by renewables in China, according to industry experts.
China's major flange producing county Dingxiang in Shanxi province is stepping up development of innovative manufacturing technologies, in line with the government's mission to promote high-quality development.
BEIJING - Global retail giant Walmart Inc is planning to further increase its investment in the Chinese market after opening a mega perishable products distribution center in South China's Guangdong province in March.
Financial service providers in the Guangdong-Hong Kong-Macao Greater Bay Area are seeking to attract investors with more cross-border products, as the area gains increasing popularity globally.
China's resolve to further open up has been reflected by the global coworking and community service provider WeWork's latest partnership in the country.
The trade war truce agreed upon by President Xi Jinping and President Trump at the G20 Osaka summit is very good news for the economies of both countries. Highly disruptive breaks in supply networks and in established trading patterns will be avoided. Everyone from soybean farmers to high-tech companies can breathe a tentative sigh of relief.
Editor's Note: The Main Street column features opinions of leading economists and industry luminaries who have expressed their views on hot topics in media recently.
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