Belt and Road Initiative

CGTN: How do China, Laos promote building of human community with shared future?

Retrieved on: 
Thursday, December 1, 2022

Xi said this not only brings great benefits to the people of the two countries, but also provides a model for the building of the Belt and Road Initiative (BRI) and promoting the building of a human community with a shared future.

Key Points: 
  • Xi said this not only brings great benefits to the people of the two countries, but also provides a model for the building of the Belt and Road Initiative (BRI) and promoting the building of a human community with a shared future.
  • In April 2019, China and Laos signed an action plan to jointly build a community with a shared future.
  • Nowadays, China has become the second-largest trading partner and the country with the largest foreign direct investment in Laos.
  • Thongloun said that under the complex changes the world is experiencing, China is the mainstay of maintaining world peace and stability and is committed to promoting common development and building a community with a shared future.

Shanghai Electric's Solar Thermal Trough Unit No. 1 Project in Dubai Connects to the Grid

Retrieved on: 
Wednesday, November 30, 2022

SHANGHAI, Nov. 29, 2022 /PRNewswire/ -- On November 29 (Dubai Time), the Trough Unit No. 1 facility of Shanghai Electric's 700MW solar thermal and 250MW photovoltaic solar power plant in Dubai has successfully achieved grid-connected electricity generation, marking a significant milestone along the path of the firm's entry into the renewable energy sector. The facility is already delivering top-notch technical parameters and reliable operation of both the primary and auxiliary equipment, supplying environmentally friendly solar thermal energy to local communities for the first time.

Key Points: 
  • The project, for which Shanghai Electric Group is the contractor, is the fourth phase of the solar thermal and PV power plant developed by Dubai Electricity and Water Authority in Mohammed bin Rashid Al Maktoum (MBR) Solar Park.
  • Connection of the facility to the grid marks the completion of a key goal in Shanghai Electric's globalization roadmap.
  • The 250MW PV modules are dispersed in unused locations to maximize site use, while the 700MW solar thermal facility consists of three 200MW trough units and a 100MW tower unit.
  • It is the largest standalone solar PV project in the world, with an area of 44 square kilometers (approx.

Shanghai Electric's Solar Thermal Trough Unit No. 1 Project in Dubai Connects to the Grid

Retrieved on: 
Wednesday, November 30, 2022

SHANGHAI, Nov. 30, 2022 /PRNewswire/ -- On November 29 (Dubai Time), the Trough Unit No. 1 facility of Shanghai Electric's 700MW solar thermal and 250MW photovoltaic solar power plant in Dubai has successfully achieved grid-connected electricity generation, marking a significant milestone along the path of the firm's entry into the renewable energy sector. The facility is already delivering top-notch technical parameters and reliable operation of both the primary and auxiliary equipment, supplying environmentally friendly solar thermal energy to local communities for the first time.

Key Points: 
  • The project, for which Shanghai Electric Group is the contractor, is the fourth phase of the solar thermal and PV power plant developed by Dubai Electricity and Water Authority in Mohammed bin Rashid Al Maktoum (MBR) Solar Park.
  • Connection of the facility to the grid marks the completion of a key goal in Shanghai Electric's globalization roadmap.
  • The 250MW PV modules are dispersed in unused locations to maximize site use, while the 700MW solar thermal facility consists of three 200MW trough units and a 100MW tower unit.
  • It is the largest standalone solar PV project in the world, with an area of 44 square kilometers (approx.

CGTN: China, Mongolia inject impetus into ties through three engines

Retrieved on: 
Monday, November 28, 2022

The two countries have set a goodexampleforstate-to-state relations, Chinese President Xi Jinping noted on Monday during his meeting with President Khurelsuh.

Key Points: 
  • The two countries have set a goodexampleforstate-to-state relations, Chinese President Xi Jinping noted on Monday during his meeting with President Khurelsuh.
  • The Prairie Road development strategy, an economic plan introduced by Mongolia, aims to boost trade with neighboring markets.
  • Total trade between China and Mongolia accounts for more than 60 percent of Mongolia's foreign trade volume, according to data from the Inner Mongolia Academy of Social Sciences.
  • He added Mongolia backs the China-proposed Global Development Initiative and Global Security Initiative.

CGTN: China, Mongolia inject impetus into ties through three engines

Retrieved on: 
Monday, November 28, 2022

The two countries have set a goodexampleforstate-to-state relations, Chinese President Xi Jinping noted on Monday during his meeting with President Khurelsuh.

Key Points: 
  • The two countries have set a goodexampleforstate-to-state relations, Chinese President Xi Jinping noted on Monday during his meeting with President Khurelsuh.
  • The Prairie Road development strategy, an economic plan introduced by Mongolia, aims to boost trade with neighboring markets.
  • Total trade between China and Mongolia accounts for more than 60 percent of Mongolia's foreign trade volume, according to data from the Inner Mongolia Academy of Social Sciences.
  • He added Mongolia backs the China-proposed Global Development Initiative and Global Security Initiative.

Global Times: China, Cuba eye deepening BRI cooperation

Retrieved on: 
Monday, November 28, 2022

The two leaders witnessed the signing of bilateral documents regarding inter-party exchanges, BRI cooperation and a consultation mechanism between their foreign ministries.

Key Points: 
  • The two leaders witnessed the signing of bilateral documents regarding inter-party exchanges, BRI cooperation and a consultation mechanism between their foreign ministries.
  • Cuba reiterates its firm position of unconditionally abiding by the one-China principle, stressing that Cuba firmly opposes any attempt to use the Taiwan question to interfere in China's internal affairs.
  • They stressed that China-Cuba cooperation and China-Latin America cooperation benefit both sides and do not target any third party.
  • She said improving energy supplies, building power plants and more infrastructure are crucial for Cuba to realize its development goals, and in these fields, China and Cuba could strengthen their win-win cooperation.

PLS seals exclusive distributorship with China's COFCO

Retrieved on: 
Tuesday, November 15, 2022

Back (L-R): Ms Zhengfeng, Mr. Eric Chan, CEO of Dulai Fruits, Ms. Wu Yiran, Vice General Manager of COFCO Food Import Co,.

Key Points: 
  • Back (L-R): Ms Zhengfeng, Mr. Eric Chan, CEO of Dulai Fruits, Ms. Wu Yiran, Vice General Manager of COFCO Food Import Co,.
  • This exclusive distribution agreement was inked after months of extensive engagements and evaluation by COFCO.
  • PLS is a public-private-partnership (PPP) company which has a long history in co-operating with the State and Federal Government, and its related agencies.
  • COFCO, founded in 1949, is the leader of the agricultural and food industry in China, and one of the world's leading agri-product traders.

Trial Run of Jakarta-Bandung High-Speed Railway Successfully Completed

Retrieved on: 
Monday, November 21, 2022

On November 16, 2022, the trial run of the line between Tegalluar Station and Casting Yard No.

Key Points: 
  • On November 16, 2022, the trial run of the line between Tegalluar Station and Casting Yard No.
  • 4 of the Jakarta-Bandung high-speed railway was successfully completed.
  • During the trial run, the high-speed railway comprehensive inspection trains conducted comprehensive inspections on subgrade, track, communication, signal, traction power supply and other systems.
  • All obtained indicators suggested good performance, marking the success of the first trial operation of the Jakarta-Bandung High-Speed Railway jointly developed by China and Indonesia.

Keqiao Forum Was Held in Shaoxing to Advance Dissemination of Belt&Road Stories

Retrieved on: 
Friday, November 18, 2022

Some 150 participants shared their views on better dissemination of Belt and Road Initiative (BRI) stories at the "2022 New Silk Road Story Exchange Keqiao Forum" on Nov.15 and Nov.16 in Keqiao District of Shaoxing City, Zhejiang Province.

Key Points: 
  • Some 150 participants shared their views on better dissemination of Belt and Road Initiative (BRI) stories at the "2022 New Silk Road Story Exchange Keqiao Forum" on Nov.15 and Nov.16 in Keqiao District of Shaoxing City, Zhejiang Province.
  • The district's exports to BRI countries and regions hit 56.22 billion yuan, up 28.2 percent year on year.
  • The forum is jointly sponsored by Xinhua News Agency and the People's Government of Zhejiang Province.
  • Along with the forum, the organizers also launched a campaign to collect cases regarding good stories about the Belt and Road.

China Buy Now Pay Later (BNPL) Business Report 2022: Payments are Expected to Grow by 37.2% to Reach $119,251.4 Million by the End of 2022 - Forecasts to 2028 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 15, 2022

BNPL payments are expected to grow by 37.2% on an annual basis to reach US$119,251.4 million in 2022.

Key Points: 
  • BNPL payments are expected to grow by 37.2% on an annual basis to reach US$119,251.4 million in 2022.
  • BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 19.9% during 2022-2028.
  • The BNPL Gross Merchandise Value in the country will increase from US$86,905.0 million in 2021 to reach US$353,898.4 million by 2028.
  • In China, buy now pay later (BNPL) is gaining rapid momentum even in the face of a softer macro landscape.