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release time: 2020 - 07 - 03
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Flexible direct current power project to boost clean energy supply in areaThe Zhangbei flexible direct current (DC) power grid was put into operation on Monday, a move which industry insiders believe will play a major role in supplying Beijing with cleaner electricity generated by renewable energy while making Beijing 2022 the first Winter Olympic Games in history to exclusively use green energy sources.With a total investment of up to 12.5 billion yuan ($1.77 billion), the transmission line is the world's first renewable energy-based flexible direct current power transmission system. It consists of four convertor stations in Zhangbei and Kangbao in Zhangjiakou, Fengning in Chengde and Beijing.It will effectively meet all clean energy-based power demands of the Winter Olympic venues an...
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China's exports and imports returned to growth trajectories in January thanks to timely policies promoting steady trade growth and the country's growing demand for industrial materials and commodities, officials and analysts said on Thursday.The country's two-way trade in goods surged 8.7 percent year-on-year to 2.73 trillion yuan ($395.98 billion) in January, the General Administration of Customs said on Thursday.Exports rose 13.9 percent year-on-year to 1.5 trillion yuan last month, while imports grew 2.9 percent to 1.23 trillion yuan.China's opening-up efforts and pro-trade ...
发布时间: 2019 - 02 - 18
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The global economy is projected to grow at 2.6 percent between 2020 and 2035 and enter a low-speed growth period, Economic Daily reported citing the Development Research Center of the State Council.Considering changes in major factors such as technology, urbanization, population and environment, global economic growth is expected to experience a declining trend with slower growth rate long-term, the center said.Developed economies' overall growth is predicted to slow down further to about 1.7 percent — below the average growth rate over the past 50 years — while for developing countries, t...
发布时间: 2019 - 02 - 13
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Profit of China’s industrial firms increased by 10.3 percent year-on-year in 2018, 1.5 percentage points lower than the first 11 months of last year, the National Bureau of Statistics said on Monday.Analysts said the data show the pressure on industrial companies, but China’s consistent push for high-quality growth will help enterprises better deal with slowdowns in sales and their debt-asset ratios are likely to continue dropping.The bureau said the profits of China’s major industrial firms totaled 6.635 trillion yuan ($985.8 billion) in 2018. Profits in 32 of the 41 sectors surveyed rose com...
发布时间: 2019 - 01 - 29
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