promoting the application of e-buses, by supporting technology innovation, improving fiscal
and taxation policies, enhancing infrastructure construction, as well as reinforcing fund supervision.
“It is estimated that in the future, China’s e-bus market will transform to a more market-driven pattern, instead of policy-driv
en. The market will shift from an incremental market to a stock market, maintaining steady growth,” he said.
Bloomberg New Energy Finance estimates that EVs will attain price parity by the mid 2020s, as lithium battery pric
es have been falling. From 2010 to 2018, lithium battery prices dropped by over 85 percent, with an annual average decl
ine rate of 20 percent. And the decline, with the same rate, is estimated to continue for the next few years.
icy tools to offset short-term downside pressure, while the financial risks are under control as the country’s debt level has shown signs of stabilizing, Zhang said.
China’s overall debt-to-GDP ratio had dropped to 249.4 percent
by the end of 2018, 1.5 percentage points lower than a year earlier, according to the PBOC.
If trade tensions escalate further, more opening-up policies in the sectors of medical
care and education will help boost global investors’ confidence in the Chinese economy, Zhang added.
By hiking the tariffs on $200 billion of Chinese goods from 10 percent t
o 25 percent just when it seemed the China-US trade talks would achieve a bre
akthrough, the United States has not only intensified the trade dispute but also ensured both sides take a knock.
FTSE Russell, a leading global multi-asset index, data and analytics provider, said Satur
day that it will add Chinese A shares to its widely-tracked global benchmarks next month.
The addition will be officially effective after the close of share markets on June 24.
According to the plan of FTSE Russell, this move marks the first stage of incorporatin
g Chinese shares into its indexes. In this stage, 1,097 Chinese stocks, or 20 percent of A shares, will be bro
ught into the indexes, drawing an expected $10 billion from passive investors.
FTSE Russell will add 40 percent of A shares to its indexes in September, and another 40 percent in March next year.
we never doubted him, despite all the ups and downs.”
What players will be chosen by Lippi remains uncertain, but seeking younger talent will be a priority. Lippi led the oldest
team at the Asian Cup this year, with an average age of 30.2 years, and many veterans will retire before the next World Cup.
Lippi’s best shot now is Espanyol striker Wu Lei, who joined La Liga
immediately after the Asian Cup and became the first Chinese player to score in the league.
Government in Nanyang city, Central China’s Henan province, has denied reports that vehic
les driven by water-hydrogen engines have been produced, according to a Beijing News report on Friday.
A Nanyang Daily report on Thursday said that such a vehicle has been produced, saying that the vehic
le consumes water in its engine, and with the help of special catalyst then produces hydrogen to fuel the vehicle.
a’s photovoltaic products. Export value to Vietnam rose 239 times to $739 million in the fi
rst quarter, taking up 16.8 percent of China’s total photovoltaic export value.
With the European Union ending its anti-dumping and anti-subsidy meas
ures, photovoltaic exports from China to Europe also saw large increase in Q1.
The country’s photovoltaic products export volume to the Netherlands and Spain increased 1,049.6 percent and 158.3 perc
ent, respectively, in the first quarter, said the report. It predicted that the emerging markets, such as Mexico, Aus
tralia, Turkey, and the United Arab Emirates will further boost the export of China’s photovoltaic modules.
The export of China’s photovoltaic products to the United States dropped 28.9 pe
rcent to just 0.01 GW in the first quarter, the report said. The Section 201, Section 3
future for mankind in his speech at the headquarters of the United Nation
s in September 2015, and in his report for the 19th National Congress of the Communist Part
y of China in October 2017, Xi has pledged on different occasions to build a peaceful, safe, prosperous, open, incl
usive, clean and beautiful world to let the sunshine of a community of shared future for mankind illuminate the world.
The world, which is going through a phase of adjustment that features huge development and fundamental changes, faces
great and unfamiliar turbulent situations — the overall trends of peace and development are irreversible, while ins
tability and uncertainty are prominent. Some problems and challenges are unprecedented, and the interna
tional community faces crucial choices concerning the future of the world and the fate of humanity.