20220728 China News
Source: | Author:eacham | Published time: 2022-07-28 | 960 Views | Share:



01

China Energy Investment Corp said it will further ramp up domestic coal output to ensure sufficient and stable energy supply in the country amid a tight global market. While boosting domestic coal production, China Energy will ensure clean and efficient utilization of the fossil fuel as the country goes full throttle on its green energy transition with the aim of peaking carbon emissions by 2030 and achieving carbon neutrality by 2060.

 

02

As emerging metaverse technologies are expected to be further integrated into a wide range of business sectors, Play For Dream Inc, a Shanghai-based eSports technology group, will develop more virtual reality (VR) glasses to create new interactive experiences and further promote the integration of the physical and virtual world.

 

03

As female consumption capacity grows, carmakers are starting to focus on women's demands and launch exclusively-for-women models, aiming to grasp a fiercely competitive market segment. Earlier this month, Great Wall Motors' electric brand Ora launched the Ballet Cat, which is designed from the ground up to appeal to female drivers.

 

04

Consumption upgrades are of vital importance to China's economic recovery this year and the country's high-quality development in the long run, providing golden business opportunities for global companies to thrive in its market, participants in a high-profile expo said on Monday.

 

05

Foreign enterprises have ridden the wave of China's green transition over the past decade, as the country's long-term pursuit of low-carbon and sustainable growth nurtures new business opportunities. From announcing "dual carbon" goals to advancing its national carbon market, China's concrete efforts toward green development help energize related sectors, including the low-carbon transformation of traditional industries, new energy vehicles (NEVs), a circular economy and green finance.

 

06

More than 70 percent of German enterprises and over 60 percent of US companies plan to increase their investment in China, Yicai reported on Tuesday, citing the Chambers of Commerce from these two countries.

 

07

The inaugural meeting of China Mineral Resources Group Ltd was held in Beijing on Monday, a mineral resource group with a registered capital of 20 billion yuan ($2.97 billion) in Xiongan New Area, North China's Hebei province, according to Xinhua News Agency. Vice-Premier Han Zheng, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, unveiled the nameplate of the company at the meeting.





Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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