China plans toinvest $2.5 trillion in the next 15 years on clean energy projects.Rae Kwon Chung,principal advisor on climate change of the United Nations Secretary-General,came up with the figures during the China Summit on Caring for Climate hostedby the UN Global Compact Network China.According toChung, China pumped $90 billion into the renewable energy sector last year,more than one quarter of the world's total investment.In an actionplan submitted to the UN last month, China promised to cut carbon dioxideemissions and expand the share of non-fossil fuels in its primary energy mix.Official data shows China has reduced carbon emissions per unit of GDP by 33.8percent last year from 2005 levels.
Read More>>Emergingindustries will continue to play an important role in driving China's economy.The NationalDevelopment and Reform Commission underlined the policy on Thursday when it announcedplans to promote new projects involving emerging industries, such asInternet-related sectors, and high-tech manufacturing and production.By backing theseindustries, the NDRC hopes private enterprises will invest in emergingindustries, which in turn will help stimulate economic growth.Last year, theNDRC launched seven projects, which included oil and gas pipelines, ecologicalprotection, clean energy, water conservation, transportation, pension servicesand mining.In June, urbanrail development and modern logistics were added to the list of industriesbeing promoted by the NDRC.By the end oflast month, major projects launched by the government had attracted investmentof more than 3.3 trillion yuan ($531 billion), according to Zhao Chenxin,deputy director-general of the department of policy studies at the NDRC.Much of thatinvestment came from private companies. "Construction involving 228projects has already started," Zhao said.Qi Chengyuan,director-general of the high-tech department of the NDRC, said emergingindustries will become increasingly important in boosting economic growth inthe country. "In promoting emerging industries, the government's emphasisshould be on creating a fair market environment," Qi said.In the past fivemonths, profit growth from emerging industries with an annual income of morethan 5 million yuan was 20 percent. This was much higher than the averagenational level.In terms ofcompetitive manufacturing, the country will step up efforts in promoting industrialrobots, renewable energy vehicles, high-end ocean engineering equipment andmodern agricultural machinery as well as medical equipment.Zhang Hanya,president of the Investment Association of China, said these new packages willhelp stimulate the economy in the second half of the year.
Read More>>BEIJING - China's climate change targets for the next couple of decades will provide investmentopportunities worth $2.5 trillion in the non-fossil energy sector, an official from the United Nations(UN) said on Wednesday.Rae Kwon Chung, principal advisor on climate change of the UN Secretary-General, made theestimate during the China Summit on Caring for Climate hosted by the UN Global CompactNetwork China.He expects Chinese enterprises will vigorously join the battle against climate change.In an action plan submitted to the UN at the end of June, China promised to cut carbon dioxideemissions per unit of gross domestic product (GDP) by 60 percent to 65 percent from the 2005 level by 2030 and expand the share of non-fossil fuels in its primary energy consumption toaround 20 percent from the 11.2-percent ratio in 2014.During the summit, UN officials applauded China's strong will and efforts in fighting climatechange and urged all countries in the world to take action."The targets are ambitious, impressive and of high standard," Chung said. "China has shownstrong political will and commitment on climate change, which many countries do not have."Chung said China has made substantial contribution as it has a track record of over-achievingtargets for energy efficiency and carbon intensity improvement.Echoing his words, Gavin Power, deputy executive director at the UN Global Compact, said thecountry is showing tremendous leadership in the issue and businesses are also makingtremendous efforts to complement government actions.China invested around $90 billion in the renewable energy sector last year, more than onequarter of the world's total, Power said. He expects the country to become the world's largestcarbon trading market by 2016.Chung believes China will make significant contributions to a new climate pact hopefully to bereached during a key UN conference in Paris, scheduled for the end of the year.Chung said the ambitious goals will not be easy and advised the country to combinetechnological and fiscal innovation together to realize its targets.The world's largest greenhouse gas emitter, China has strived to cut greenhouse gas output andsuccessfully lowered carbon emissions per unit of GDP by 33.8 percent from the 2005 level in2014.
Read More>>BEIJING - China is set to roll out its second domestically-designed passenger plane before theend of the year, as its manufacturers prepare for a test flight.The engine for the C919, which has 150 seats and was designed for short-haul commercial use,was delivered on Wednesday from international aerospace company CFM International."Delivery of this engine paves the way for the final assembly and rollout of the first C919 aircraftlater this year," said Wu Guanghui, vice president of the State-owned Commercial AircraftCorporation of China, which began developing the plane in 2008.China is also developing its own engine for the C919, with plans to use these in the model from2020, according to an industry insider.China's first domestically-designed passenger plane was the Shanghai Y-10.A model of the Comac C919 passenger plane, which is built by the Commercial Aircraft Corporation ofChina (COMAC), is displayed on the first day of the China International Aviation & Aerospace Exhibition,in the southern Chinese city of Zhuhai.
Read More>>BEIJING - China reported 41,018 medical device adverse events (MDAE) in 2014, up 18.6percent from the previous year, according to China Food and Drug Administration (CFDA)Monday.A total of 98 MDAE have caused deaths, while another 40,920 cases left serious injuries on thepatients, the CFDA said.Of all the MDAE, 72 percent were performed by professional medical staff, while 8.8 percent ofthem were carried out by the patients themselves.Medical polymer materials were the mostly reported among all the MDAE, followed by injectionand puncture apparatus, and medical sanitary materials, the CFDA said.
Read More>>In the recent decade, China’s pesticide industry has developed fast. The total output of pesticide (calculated by 100% AI) reached 3.74 million tones in 2014 from 0.7 million tones in 2001, with a CAGR of 12.7%. China has become the largest pesticide producer and consumer in the world.At the same time, the domestic pesticide manufacturers have grown strength. According to the China Crop Protection Industry Association (CCPIA), the total sales of the top 10 pesticide producers rose by 9% YoY, up to RMB106.3 billion in 2014 and sales of top 10 producers accounted for about 30%. The concentration rate of pesticide industry is increasing year by year, and the larger enterprises play a more important role in the domestic pesticide market.In this report, the author profiles the leading players in the domestic pesticide market. It analyzes China’s pesticide industry in terms of market information (market size, product structure and profitability), hotspots (key M&A activity and new policy), current industry trends and the competitive positioning of top 10 players in the market. The Aim of this report- To provide readers with comprehensive & in-depth understanding of Chinese pesticide industry;- To disclose the market size of China’s pesticide industry;- To understand position of China’s pesticide industry in the world;- To predict the future of China’s pesticide industry will be;- To analyze major suppliers of pesticides in China;- To find out the key strengths and weakness of China’s producers, and the threats and opportunities they face;- To reveal opportunities in the Chinese pesticide industry.Benefits of the report- Obtain the latest information on the pesticide industry, such as market size, product structure, key hotspot and positions;- Evaluate the financial performance and growth strategies of top 10 companies in China’s pesticide market;- Identify key trends and opportunities in China’s pesticide market;- Understand what are the drivers and barriers of China’s pesticide companies;Scope of InvestigationThe report will investigate the Chinese top 10 pesticide players from the following aspects:- Basic information (including address, telephone number, tax number, website, company background, etc.)- Product structure- Financial performance- New pesticide projects in recent years;- SWOT analysis.
Read More>>Nairobi hosts fair aimed at aiding businesses to forge partnershipsWhat was billed as the first China Trade Week of its kind in East Africa, which ran for three days early this month in the Kenyan capital of Nairobi, attracted more than 10,000 visitors, organizers said.The event, which opened at Kenyatta International Convention Center's Tsavo Ballroom on July 1, featured more than 150 Chinese companies all hoping to find African partners.The companies covered various sectors, including construction, consumer electronics, electric vehicles, plastic molding equipment and materials, home electrical goods, new energy devices, and elevators systems."We ran out of name tags, catalogues and bags for visitors," said David Wang, managing director of MIE Group, which organized the event. "We'd planned for 3,000 for the first day, but we were overwhelmed by the number of visitors who showed up."MIE Group is a Chinese company based in Dubai that has previously helped many Chinese exhibitors to attend the Big 5 Show, the largest construction industry trade fair in the Middle East.China Trade Week was organized in partnership with the Kenya Investment Authority, the Kenya National Chamber of Commerce and Industry, and the Kenya Private Sector Alliance.On the opening day, Pius Rotich, general manager of investment and promotion for the Kenya Investment Authority, welcomed the Chinese traders and encouraged them to forge partnerships with their Kenyan counterparts.The fair would play a vital role in creating investment opportunities for locals as well as small and medium-sized enterprises, he said.James Nyongesa, a businessman and leader of the Busia town business community, said he traveled more than 450 kilometers to attend the event."I was asked to attend the trade fair and look for potential Chinese partners ahead of my trip to China in September," he said, adding that his company, Light House Ltd, which is based near Kenya's border with Uganda, already uses Chinese materials.Alice He, representing Guangdong Yabo Furniture Industries Co Ltd, said her company was attracted to the fair because Kenya's hospitality industry is growing rapidly, with major hotel chains such as Marriott now building properties in Nairobi.Based in Foshan city's Shazui Industrial Park in Guangdong province, the company specializes in designing and making furniture for high-end hotels. Previous clients included Marriott hotels in the United States, the Park Plaza Westminster Bridge Hotel in Britain, Station Hotel Maiwshi in Japan, and the Kazakhstan Casino.In Africa, Yabo Furniture has also worked with the Premier Le Reve Hotel and Spa in Egypt, the Africa AngolaRitz Hotel, the South Star International Hotel in Ethiopia, and the Zinc City Hotel in Rwanda.Wang said MIE Group, of which the Chinese government owns 20 percent, is considering opening an office in Nairobi to ensure the trade fair becomes an annual event.As to why the Kenyan capital was chosen as the venue for the inaugural fair, Gary Robinson, MIE Group's events director, said: "Kenya is strategically placed on the continent. It has a vibrant economy."It has a high population, a growing middle class, and several infrastructure projects being undertaken by Chinese contractors such as the Standard Gauge Railway. Kenya is also home to a growing number of SMEs."He added that the company's next trade fair will be held in Abu Dhabi, the United Arab Emirates.The trade fair in Nairobi comes at a time of increased trade activities between China and Kenya, which continues to influence bilateral relations.In the past decade, China has become Kenya's largest source of foreign direct investment and second-largest trade partner.According to the World Investment Report 2014 published by the United Nations Conference on Trade and Development, in 2013, China's cumulative direct investment in the African country reach-ed $474 million.In that same year, bilateral trade was worth $8.4 billion.
Read More>>A member of the Shanghai Jiao Tong University research team that invented a new air-purifying device demonstrates the machine. The device’s technology can prevent secondary pollution that existing air purifiers can create if not used properly. Innovation removes pollutants by electrostatic and catalytic processesChinese researchers have developed a new technology to clean up indoor air pollution that avoids secondary pollution that existing air purification products in the market can create if used improperly.The new air purifier, developed by a research team from the School of Mechanical Engineering at Shanghai Jiao Tong University, removes indoor pollutants from air through physical and chemical methods.Professor Shangguan Wenfeng, who led the research project, said at a news conference on Monday that current air purifiers clean the air mainly by absorption and filtering, but this technique has problems.“For example, the filter needs to be replaced regularly because it will easily reach the saturation point, which might lead to further pollution,” he said.Also, while some machines cannot filter smaller pollutants well, the school’s new technology overcomes that shortcoming, he said.The new technology removes indoor pollutants through high-voltage electrostatic and catalytic purification.The electrostatics process the PM2.5 — airborne particles smaller than 2.5 micrometers that can go deep into the lungs — and other air pollutants from outdoors.During this process, volatile organic compounds and a small amount of ozone are produced. The second, catalysis module transforms these harmful organic compounds and ozone into harmless carbon dioxide and water.A test was conducted during the news conference. Because Shanghai air quality was classified as “good” at the time, researchers made a smoggy indoor environment in a 30-square-meter room by lighting six cigarettes. The PM2.5 reading soon reached 700 micrograms per cubic meter, far exceeding the index limit level of 500.When the machine was switched on, the particles in the room gradually disappeared, with the reading less than 100 within an hour.Another innovation of the air purifier is that it allows air circulation between indoors and outdoors. Indoor air is circulated with outside air through a ventilation pipe at the bottom of the machine.“Even in heavy smoggy weather, the indoor air will continue circulating and be cleaned. This technology is not available in existing machines on the market,” Shangguan said.Yang Xin, an environmental expert at Fudan University, expressed optimism about the invention.“In recent years, air cleaners have become more and more popular among residents. A well-designed air purifier will undoubtedly play an important role in improving air quality,” he said.Poor air quality has been heatedly discussed by the public recently as smog enveloped many cities in autumn and winter. PM2.5 has become the country’s primary polluter and also the main source of indoor air pollution.In Beijing, the average PM2.5 reading in 2013 was more than double the national standard, according to a Beijing Environmental Protection Bureau report earlier this month.On average, heavy air pollution occurred every six or seven days in the city, said Zhang Dawei, director of the Beijing Environmental Monitoring Center.Shanghai, a city whose air was once considered clean, saw its Air Quality Index reach nearly 500 on Dec 6. An index reading over 300 is considered “hazardous”, the highest in a six-tier rating system of air quality.Persistent smog across the country has prompted a surge in sales of dust masks and air cleaners. Sales of air-cleaning machines in 2013 increased 420 percent year-on-year, according to JD.com, China’s e-commerce giant.“So far, this technology is very developed, and it has already been awarded a patent. We are now looking for manufacturers to help bring this product to market,” Shangguan said.The research team said the retail price of the new air purifier would be competitive with similar machines on the market from big international brands like Blueair, Daikin, Philips and Siemens. The price is expected to be 3,000 yuan ($496) to 6,000 yuan depending on the size of the room it’s used for.
Read More>>The Xinhua News Agency rolled out a line of information products on Thursday to help global partners benefit from China's trans-Eurasia and across-ocean trade strategy.The "Xinhua Silk Road" platform, which consists of four Internet-based services, aims to promote trade and investment cooperation among governments and companies along the Belt and Road Initiative, according to Cai Mingzhao, president of Xinhua News Agency.The initiative is put forward by China to reinvigorate the ancient Silk Road trade route, linking Asia with Europe and extending to more than 60 countries and regions."A wide array of differences exist among these countries and the Xinhua Silk Road platform is here to bridge differences, facilitate communications and promote trade as well as investment, " Cai said.The Internet-based package services include a database that introduces the economic, social and legal environments of the 60 countries and regions, which officials said China has a limited knowledge of."After three decades of reform and opening-up, we have a deeper understanding of big Western countries. But as for our neighboring countries in the Belt and Road Initiative region, we still know little about them," said Ou Xiaoli, an official with the State Council's working group on the Belt and Road Initiative.Xinhua also launched a credit information service to help companies find the most trustworthy partners. It will offer credit and risk assessment reports on countries, companies and investment projects.Other innovative features involve a deal-making platform to speed up online business negotiations, and a consulting and think-tank service, which provides clients with personalized decision-making consultations.
Read More>>The British instrument manufacturer, Servomex, will be showcasing its newley released UHP gas analysis products at BOOTH 1244 at SEMICON West at the Moscone Center, San Fransisco, CA.Boasting industry leading detection limits, Servomex is the only gas analysis manufacturer to deliver a single supplier solution for all UHP gas purity measurements for the semiconductor industry: O2, H2, N2, CH4, CO, CO2, Ar, MHMC and H2O.The solution comprises the integration of the newly updated SERVOPRO DF-500 ultra-trace oxygen analyzer and SERVOPRO DF-700 ultra-trace moisture analyzer ranges with the versatile UHP sensing SERVOPRO Nanochrome analyzer - a unique and powerful combination for the complete measurement of ALLUHP gases within semiconductor processes.The result is that customers not only benefit from the most accurate and lowest measurement levels of any UHP solution available, there are none of the hidden complications or process risks experienced when trying to reconcile different analyzer solutions.Visit Servomex at BOOTH 1244 to find out more.
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