A harvester is seen at Wanbao rice farm in Gaza province, Mozambique, April 4, 2018. (Xinhua)BEIJING, March 3 (Xinhua) -- Milagre Abel Massingue was piloting a drone on his farm in Xai Xai city in southern Mozambique. He set up pre-mapped routes on his cell phone, and the drone started to spray pesticides accordingly.The buzzing machine does farmwork more precisely and efficiently than the 44-year-old farmer could do alone. With the help of the China-developed BeiDou Navigation Satellite System (BDS), it could spray pesticides over about one hectare of farmland per hour, 25 times faster than m...
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BEIJING, March 2 (Xinhua) -- China has made continued efforts to forestall and defuse financial risks while supporting steady economic recovery, said the country's top banking regulator Wednesday.In 2021, with threats in salient areas controlled, the macro leverage ratio decreased by about 8 percent, Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, told a press conference.Asset expansion in the financial system, back at a comparatively low level, has reentered the single-digit range, said Guo.From 2017 to 2021, risky shadow banks were dismantled by 25 trillio...
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TIANJIN, March 2 (Xinhua) -- Only relying on solar power, all of the energy supply including heating and electricity can be guaranteed in the Zero Energy Building, a representative of green attempt architecture in north China's Tianjin Municipality.'No matter how cold the weather is, the whole building could always keep constant temperature and humidity,' said He Rui, a staffer of Tianjin's Binhai branch of State Grid, one of the developers.'Considering the roof structure, beam angles, and surrounding environment, we installed 60 photovoltaic panels totaling 20 kilowatts. U...
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On March 1st, MSCI, an international index compilation company, announced that it would seek advice on how to treat Russian stock market in MSCI index in view of relevant developments. MSCI said that the MSCI Russia index may be separated from the emerging market index and reclassified as an independent market.Geographically, on February 28th, local time, Russian and Ukrainian delegations held the first round of negotiations in Belarus. After the negotiations, both sides indicated that they would return to China for consultations to prepare for the next round of negotiations.Analysts believe t...
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Driven by the rising conflict between Russia and Ukraine and the exclusion of Russia from SWIFT in Europe and America, the global financial market has experienced violent fluctuations, and the capital risk appetite has been significantly impacted. In particular, the Russian ruble exchange rate dropped by nearly 30% in one day, which triggered financial institutions to strengthen trading risk control-foreign exchange trading institutions have reminded customers to pay close attention to market trends, and even some foreign exchange institutions have suspended the opening of ruble positions.On M...
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