Recently, the first anniversary of the opening of 'Bond Connect' to Southbound Connect was ushered in. Southbound is a mechanism arrangement for mainland institutional investors to invest in Hong Kong's bond market by connecting the mainland and Hong Kong's basic service institutions. Over the past year, the trading volume of Southbound Express has been increasing and investors have become increasingly active, which not only increases the investment channels of mainland institutional investors, but also helps to steadily promote the two-way opening of China's financial mark...
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2022
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BEIJING, Sept. 29 (Xinhua) -- China has introduced a raft of measures to guarantee fiscal support for building a nature reserve system with national parks at its heart.A fiscal guarantee system will be basically established by 2025 and the system will be improved by 2035, according to a guideline from the Ministry of Finance and the National Forestry and Grassland Administration.The fiscal support will mainly go to ecosystem protection and restoration, building and operation of national parks, coordinated development of national parks, scientific research and science popularization, as well as...
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2022
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BEIJING, Sept. 29 (Xinhua) -- China has established a pricing mechanism mainly determined by the market in the past decade, an official with the country's top economic planner said on Thursday.Up to now, the prices of all agricultural products, 80 percent of electricity, 50 percent of natural gas, and 90 percent of air passenger transportation are set by the market, Niu Yubin, a senior official with the National Development and Reform Commission, told a press conference.Niu added that 97.5 percent of society's goods and services prices are decided by market.In addition to a highly mark...
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2022
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BEIJING, Sept. 28 (Xinhua) -- Over the past decade, the Chinese Academy of Agricultural Sciences (CAAS) has made a series of agricultural sci-tech achievements, providing strong support for the country's food safety, according to the CAAS.In a summary of its work since 2012, the CAAS said its scientists discovered and cloned the genes that hindered the utilization of rice heterosis for the first time, providing important gene resources and feasible solutions to solve the problem of hybrid sterility in rice.The discovery of the key genes for the formation of the bitter taste in cucumber fru...
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2022
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BEIJING, Sept. 28 (Xinhua) -- Construction work on the fourth pipeline of a mega power transmission project that transports natural gas from China's western regions to the country's east kicked off Wednesday.With a total length of 3,340 km, the pipeline runs from Wuqia County in northwest China's Xinjiang Uygur Autonomous Region to Zhongwei City in Ningxia Hui Autonomous Region.Upon its completion, the pipeline will boost the mega power transmission project's annual capacity up to 100 billion cubic meters, said Zhang Wei, board chairman of the China Oil & Gas Piping Network...
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2022
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