Briefly

Shanxi's coalbed methane output up

China's coal-rich province of Shanxi extracted 4.16 billion cubic meters of coalbed methane in the first four months, a year-on-year increase of 13.7 percent, according to the provincial energy administration. The province's coalbed methane output hit a record high over the period. The utilization of coalbed methane can help cut greenhouse gas emissions and ease gas shortages.

NDB signs first non-sovereign loan

The BRICS New Development Bank has signed a loan agreement to support sustainable infrastructure development in East China's Zhejiang province, marking the latest update to its first non-sovereign loan in China, the bank said on Tuesday. Under the agreement, NDB will provide approximately 358 million yuan ($50 million) to Bank of Huzhou for financing a range of sustainable infrastructure development projects.

Xinhua - China Daily