'By purchasing green electricity directly and using photovoltaic for self-owned power generation, Volvo Taizhou factory has achieved 100% carbon neutralization of electric energy.' Recently, Falk Las Oskar, general manager of Volvo Car Taizhou Factory, said in an interview with China Business News. At present, Volvo Taizhou factory mainly produces Volvo XC40, XC40 Recharge pure electric vehicles, etc. About 80% of the production capacity is used for electric vehicle production, and the first battery workshop of Volvo cars outside Europe is also built.According to the previous research ...
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Photo taken on Dec. 4, 2021 shows an international freight train bound for Laos running near the China-Laos border. [Photo/Xinhua] China will promote the green development of the Belt and Road, strengthening international cooperation on the issue, the country's top economic planner said Monday.China aims to enhance cooperation in multiple areas with the countries along the Belt and Road by 2025 and form a green development pattern for the initiative by 2030, according to a guideline issued by the National Development and Reform Commission and three relevant departments.Cooperation on ...
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BEIJING, March 28 (Xinhua) -- China has announced tax-relief policies for parents rearing children under 3 years old, according to a State Council circular issued on Monday.Starting Jan. 1, 2022, the individual taxable income of such parents can be reduced by a total of 1,000 yuan (157 U.S. dollars) per month for each baby, said the circular.The deduction can be applied in full by one parent or can be split evenly, added the circular.The policy is the implementation of a decision on improving birth policies to promote long-term and balanced population development, which was adopted by the Comm...
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BEIJING, March 20 (Xinhua) -- China's securities regulator said it will work with other government departments to further improve the mechanism on infrastructure real-estate investment trusts (REITs), as part of efforts to better support the real economy.Earlier in April 2020, China initiated a pilot scheme on infrastructure REITs to deepen supply-side structural reform in the financial sector and enhance the capital market's capabilities.The scope of the REIT pilot program should be expanded, the China Securities Regulatory Commission said on Friday.The commission is guiding exchanges...
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According to the data released by the Ministry of Finance on 25th, from January to February this year, the main benefit indicators of state-owned and state-holding enterprises (hereinafter referred to as state-owned enterprises) in China kept increasing, and the economic operation of state-owned enterprises was stable in a reasonable range.From January to February, the total operating income of state-owned enterprises was 11,620.84 billion yuan, a year-on-year increase of 14.0%. Among them, the central enterprises were 6,966.78 billion yuan, a year-on-year increase of 16.0%; Local state-owned ...
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