Increasing electric power consumption will not mean more pollution from coal burning thanks to China's shift toward a low-carbon energy and power industry.
Industry insiders believe China's solar industry will become subsidy-free in a few years as the country tries to revitalize its photovoltaic sector after the government announced a plan to scale back its central subsidy system last year.
China's grid operators vow to further increase their utilization of renewable energy through greater cross-regional trade of new-energy electricity and technological innovation, after making major strides in clean power last year.
Shanghai-based China Eastern Airlines has sought compensation from the Boeing Co for incurring considerable losses after the grounding of the US aircraft maker's 737 MAX aircraft following two major crashes.
Chinese drone manufacturer DJI said safety is at the core of everything the company does, and the security of its technology has been independently verified by the United States government and leading US businesses.
The People's Bank of China will streamline the lending interest rate system to further reduce borrowing costs for small and micro enterprises, the central bank said in its quarterly monetary policy report.
Washington has resorted to raising tariffs on Chinese goods and restricting Chinese telecom giant Huawei to undermine China's economic growth and maintain the United States' edge in economic development, Russian economists said.
China is poised to grow strongly in the next two to four decades due to the Belt and Road Initiative and this will provide significant business opportunities to other economies in the world which would benefit from the country's business wisdom, participants of a student-led business forum in London said.
Tighter environmental regulations in China will provide substantial opportunities for French utility company Suez as it will increase the need for cutting-edge technologies, the firm said.
The 2019 Shenzhen Smart City Forum held from May 14-15 in Guangdong province aims to improve communication and cooperation in the building of smart and digital cities, organizers said.
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Raymond Zhou
Op Rana
Berlin Fang
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Huang Xiangyang
Chen Weihua
