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Green action plan for BREP members

A view of a Chinese-invested power project in South Africa. CHINA DAILY Energy ministers from across the world spoke highly of China’s role in promoting global energy transition and helping developing countries access more affordable clean energies at the Third Belt and Road Energy Ministerial Conference which concluded on Thursday in Qingdao, Shandong province. “Creative…

BMW, Tsinghua build research institute for mobility innovation

A BMW i5 is seen at the German premium carmaker’s R&D facility in Shenyang, Liaoning province. [Photo provided to chinadaily.com.cn] BMW unveiled a joint research institute with Tsinghua University on Thursday, in the presence of the German carmaker’s chairman Oliver Zipse, who is on his third visit to China this year. The institute for sustainable…

Overseas returnee captures hometown beauty in fridge magnets

Shen (right) and Xi promoting their original refrigerator magnets on social media at a specialty restaurant in Moganshan, Zhejiang province, on Oct 24, 2024. [Photo/Xinhua] Shen Ji, who graduated from a university in the United Kingdom and worked in Hangzhou for eight years upon returning to China, made a significant career change early this year.…

China willing to share BDS expertise with nations

China is willing to partner with other countries in sharing the development results of the Beidou navigation satellite system, or BDS, especially in exploring its potential in regional short message communication, services and international rescue efforts, a senior official of the National Development and Reform Commission said on Thursday. Xiang Libin, deputy minister of the…

Summit expected to discuss financial cooperation

A Chinese engineer (center) discusses with local employees at a production line of television sets operated by manufacturer Hisense in Cape Town, South Africa, in August. WANG LEI/XINHUA Progress in BRICS financial cooperation to facilitate international trade is expected to be made at the BRICS Summit in Kazan, Russia, according to South African analysts. “It…

Hangzhou at vanguard of power efficiency monitoring

In the control room of State Grid Jiande Power Supply Co’s comprehensive energy center in Hangzhou, Zhejiang province, Zhang Wenrui, a grid technician, closely checks data from a local company’s 0.34 megawatt distributed photovoltaic station. By monitoring the annual photovoltaic utilization hours and efficiency degradation rate of Jiande Pengcheng Plastic Co Ltd on Oct 18,…

Platform focuses on inclusivity

A Financial Street Forum event titled Project mBridge: Bridging Global Economies with CBDCs, is held on Wednesday. [Photo/Xinhua] Project mBridge — a platform for experimenting with central bank digital currencies (CBDCs) including the e-CNY for cross-border payments — is open to cooperation with traditional payment infrastructure and any US dollar usage, said officials and experts…

WIC unveils new initiatives for upcoming Wuzhen Summit

The World Internet Conference (WIC) International Organization held a press conference in Beijing on Oct 24, during which it was announced that the 2024 WIC Wuzhen Summit will take place from Nov 19 to 22 in Wuzhen, East China’s Zhejiang province. This year’s summit promises a series of exciting new initiatives, including the establishment of…

China’s express delivery revenue surpasses 1t yuan in Q1-Q3

Workers sort packages at a parcel delivery center. [Photo/VCG] In the first three quarters, the revenue of the express delivery sector exceeded 1 trillion yuan ($140 billion), with a year-on-year growth of 14.1 percent, said the State Post Bureau on Tuesday. During the same period, China’s express delivery volume reached 123.77 billion pieces, a year-on-year…