The government will boost the development of eco-friendly industry and the circular economy, and strengthen specialized services for green technology and equipment, new types of energy-efficient products and products designed to conserve energy and reduce emissions, the Cabinet said. It also vowed to reinforce international cooperation, foster new growth drivers and enable winwin outcomes for both environmental protection and economic growth.
The fund must not be used for land stocking, real estate development, debt swaps and projects that can be commercially operated, the statement said.
The global race for cobalt — a key ingredient of electric-vehicle batteries and smartphones — just heated up.
The gap between Chinese private funds and their counterparts in developed markets, he said, is yet to be bridged. Chinese firms hope that reforms will bring about industry renewal and ultimately lead to robust growth of China's capital market.
The global rating firm S&P Global Ratings revised up its forecast of China's growth to 2.1 percent from 1.2 percent this year, supported by the strong recovery in the second quarter, according to a report released on Thursday.
The four-day event, jointly organized by Trade Development Bureau of Ministry of Commerce of China and Tibet Border Trade Chamber, Lhasa and supported by Nepal China Chamber of Commerce and Industry, is being held at the exhibition hall of United World Trade Center.
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The government is concentrating containment efforts on three fronts: intervention on farms; control of mobilization; and implementation of controls at ports, airports and border crossings.
The frozen fish imported from Kazakhstan were all high-quality fish, including pike, bass, bream, shuttle bass and other species, which are very competitive in the Chinese market.
The global economy continues to slow down, the world is still undergoing in-depth adjustments due to the global financial crisis, profound changes are accelerating, and sources of turbulence have substantially increased, the statement said. "We need to be well prepared with contingency plans."
The frequent use of mobile payments enabled about 41.5 million users to enjoy services, such as bike-sharing, without having to pay for deposits, and was worth more than 40 billion yuan (.15 billion) last year thanks to good Alipay credit records.