The China Oil Consumption Cap and Policy Research Project delivered Tuesday in Beijing a report, which said China would reach an oil consumption peak of 720 million tons by 2025, the end of the 14th Five-Year Plan, five years ahead of its 2030 Paris Agreement oil consumption peak target, if under the oil cap pathway it sets.The report analyzes the experience of developed countries in peaking oil consumption and, based on comprehensive consideration of three possible scenarios for China's oil consumption (the baseline scenario, the strengthened policy scenario and the 2 C temperature contro...
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Figure with markets related to BRI totals 6.65 trillion yuan, up 9.5% year-on-yearChina's foreign trade maintained stable performance during the first three quarters despite trade friction with the United States, the latest customs data showed.Looking ahead, the expansion of international trade will depend largely on the easing of trade tensions, which, left unresolved, may further dampen the global economy, according to officials and analysts.Foreign trade of the world's second-largest economy recorded stable growth from January to September, expanding 2.8 percent year-on-year, the Ge...
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BEIJING - The number of charging posts for new energy vehicles in China continued steady growth thanks to the robust development of the country's green transportation, data from China Electric Vehicle Charging Infrastructure Promotion Alliance showed.The number of charging posts across the country has reached 1.08 million by the end of August, representing a year-on-year growth of 67.8 percent, the alliance said.In August, about 9,000 public charging posts were added from July, according to the alliance.From September 2018 to August 2019, China added around 15,000 new public charging posts...
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