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Report: Chinese-style modernization creates new development opportunities for multinational corporations

The research report "Multinational Corporations in China: Sharing New Opportunities of 'Chinese-style Modernization'" (the "Report") was released on the 28th at the opening ceremony of the Fifth Qingdao Multinationals Summit. The Report notes that advancing Chinese-style modernization creates new development opportunities and broad development space for multinational corporations.

2024-08-30
White Paper: Private Enterprises Become Main Force in China's New Energy Industry

A white paper titled "China's Energy Transition," released by China's State Council Information Office on the 29th, shows that private enterprises have become the main force in China's new energy industry. Private enterprises account for approximately 60% of China's complete wind turbine manufacturing enterprises, and the vast majority of photovoltaic equipment manufacturing enterprises are private enterprises.

2024-08-30
Central China's 'backbone' support role emerges, with these economic highlights in three central provinces in July

Central China has successively released its economic performance scorecards for January to July this year. Among them, the 'Central Triangle' formed by Hunan, Hubei, and Jiangxi provinces shows characteristics such as a rebound in fixed asset investment growth, growth in total retail sales of consumer goods outpacing the national average, and notable divergence in foreign trade imports and exports. In addition, the driving effects of the 'dual new' policies—large-scale equipment renewal and trade-ins of consumer goods—continue to be released, and the backbone support role of Central China's 'backbone' is becoming increasingly evident.

2024-08-30
Stronger 'Two New' Policies: Ensuring Effective Implementation to Benefit Enterprises and the People

In March this year, the State Council issued the Action Plan for Promoting Large-Scale Equipment Renewals and Trade-Ins of Consumer Goods, launching a comprehensive and systematic deployment of the "Two New" initiative; in April, the Ministry of Commerce, the Ministry of Finance and five other departments issued the Implementation Rules for Subsidies for Trade-Ins of Automobiles, specifying subsidy standards and requirements for scrapping and renewing vehicles; at the end of July, the National Development and Reform Commission and the Ministry of Finance issued Several Measures on Strengthening Support for Large-Scale Equipment Renewals and Trade-Ins of Consumer Goods, further increasing support for the "Two New" initiative... Since the beginning of this year, the "Two New" policies have continued to expand in scope and intensity, steadily unleashing the potential of domestic demand.

2024-08-29
Increase Support to Boost the Summer Economy

Travel data since the start of the summer travel season is a direct reflection of consumption potential and vitality, and the best proof of the red-hot "summer economy." In civil aviation, daily passenger volume reached 2.286 million, passenger throughput at airports in regional tourist cities such as Altay grew by more than 80% year on year, and the number of international passenger flights exceeded 6,300 per week. In rail transport, from the launch of the summer travel season on July 1 through August 6, national railways carried a cumulative 513 million passengers, up 5.4% year on year, averaging 13.86 million passengers per day; on popular routes, capacity was expanded by adding temporary passenger trains, coupling multiple-unit trainsets, and attaching extra cars to conventional trains.

2024-08-29
What Are the Main Achievements of China's Energy Transition? The National Energy Administration Summarizes Them in Five Aspects

On August 29, the State Council Information Office held a press conference on the white paper "China's Energy Transition." Wan Jinsong, deputy director of the National Energy Administration, summarized the achievements of China's energy transition in five aspects.

2024-08-29
National Development and Reform Commission: Continue to Jointly Expand New Areas of China-Africa Cooperation

On August 29, the National Development and Reform Commission held a special press conference. Xu Jianping, Director of the Regional Opening-up Department of the National Development and Reform Commission, introduced the overall situation of the 2024 edition of the Blue Book, the Report on China-Africa Joint Development of the Belt and Road, as well as the achievements of China-Africa cooperation in jointly building the Belt and Road.

2024-08-29
Cross-regional passenger flows exceed 10 billion during summer travel season

Since the start of the summer travel season, cross-regional passenger flows across society have exceeded 10 billion person-trips. The comprehensive, multi-dimensional transportation network extending in all directions not only provides travelers with convenient options but also injects new vitality into the summer consumer market.

2024-08-29
Yellow Wave Warning! Giant to very rough waves of 4 to 7 meters expected in the eastern East China Sea

According to the China Ocean Forecast Network, the National Marine Environmental Forecasting Center has issued a yellow wave warning in accordance with the Marine Disaster Emergency Plan. Affected by this year's No. 10 typhoon Shanshan (severe typhoon level), it is forecast that from noon on August 29 to the morning of August 30, giant to very rough waves of 4 to 7 meters will occur in the eastern East China Sea, and the wave warning level for offshore waters is yellow. The wave warning is expected to be lifted on the morning of August 30. Vessels operating in the above waters are advised to take safety precautions, and relevant coastal units are requested to take wave prevention and avoidance measures in advance.

2024-08-29
40-Hour Continuous Operation: Power 'Main Artery' Restored in Heishanke Township, Jianchang County, Huludao

At 21:00 on August 27, after 40 hours of continuous day-and-night efforts, the flood-relief and power-supply support team from State Grid Shenyang Power Supply Company successfully completed emergency repairs on the 10 kV main trunk line in Heishanke Township, at Yangshudixia Village, Jianchang County, Huludao City, creating favorable conditions for restoring normal electricity use throughout the township.

2024-08-29
Fatal Car Accident in Zhangjiagang, Suzhou Leaves 2 Dead and 1 Injured

On the evening of the 27th, the Zhangjiagang Public Security Bureau in Suzhou issued a police bulletin stating that at approximately 13:49 that day, on Zhenxing East Road in Zhangjiagang Economic Development Zone (Yangshe Town), a small sedan traveling from east to west collided with two electric bicycles while passing the section near the south gate of Nonglian Jiayuan, injuring three riders and passengers of the electric bicycles. The injured were promptly taken to the hospital for treatment; two of them died despite emergency rescue efforts, and one is in stable condition.

2024-08-28
A Railway Culture Children's Park to Be Added Along the Beijing-Zhangjiakou Corridor

With the opening of Phase I of the Beijing-Zhangjiakou Railway Heritage Park, taking kids to "Jing-Zhang" for outings and photo spots and for leisure and sports has become a new part of daily life for nearby residents. So how will its surrounding environment be upgraded and transformed? A reporter from Beijing Youth Daily learned yesterday from the Haidian District Development and Reform Commission that the upgrading project for the Beijing-Zhangjiakou corridor and the areas along it began construction in July. The project coordinates seven plots around the Beijing-Zhangjiakou Railway Heritage Park, "edging" the park with 58,000 square meters, and is expected to be completed by the end of November.

2024-08-28

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