As China is accelerating dual-circulation development, the country will continue to open up and work with other countries to better maintain the security, efficiency and stability of the global industrial and supply chains to promote a higher level of globalization and to further the opening-up of the world economy, he said. … [Read more...] about China to greenlight RCEP in six months
Ferry from china to japan
Japan’s power market to remain unpredictable as demand surges -industry head
TOKYO:Japan's tight power market will remain unpredictable as temperatures could drop again and there are risks of technical glitches at aged power plants and a further drop in fuel inventories, the head of utilities industry said on Friday.This month Japanese utilities have called on the public to save power as electricity demand for heating surged with frigid temperatures gripping much of the country, sending power companies scrambling for extra supplies, especially liquefied natural gas (LNG), to fuel power stations."Electricity demand has soared since late last year due to serious cold storms," Kazuhiro Ikebe, the chairman of the Federation of Electric Power Companies of Japan (FEPC), told a news conference.Ikebe, also the president of Kyushu Electric Power, said the crunch came also because of lower output by solar power due to heavy snow and a lack of sunshine, as well as shortages of LNG supply due in part to a logjam in the Panama Canal, where vessels transit from the U.S. Gulf … [Read more...] about Japan’s power market to remain unpredictable as demand surges -industry head
CPTPP interest proof of China’s further opening-up
"As China has been underlining further opening-up, in particular after signing the Regional Comprehensive Economic Partnership agreement with 14 partners in November and completing in-principle talks on an advanced investment treaty with the European Union last month, it is well prepared in many industries, such as opening-up of the financial services sector," said Wei Jianguo, vice-chairman of the China Center for International Economic Exchanges. … [Read more...] about CPTPP interest proof of China’s further opening-up
Formula One postpones Australian GP, China uncertain
"It is great news that we have already been able to agree a rescheduled date for the Australian Grand Prix in November and are continuing to work with our Chinese colleagues to find a solution to race there in 2021 if something changes." … [Read more...] about Formula One postpones Australian GP, China uncertain
Japanese director casts new light on China’s epidemic control efforts
"From what I can tell, China has entered the post-pandemic era by successfully controlling the epidemic and refueling the economy," Takeuchi spoke of his documentary on Weibo, one of China's biggest social media platform, "since many countries around the world are still searching for ways to co-exist with Covid-19, I want to share China's reality with Japan and other countries, as an example, as a hope." … [Read more...] about Japanese director casts new light on China’s epidemic control efforts