BEIJING | SHANGHAI: China more than doubled its construction of new wind and solar power plants in 2020 from a year earlier, government data showed, reflecting Beijing's pledge to cut fossil fuel dependence and bring carbon emissions to a peak within a decade.China, the world's biggest greenhouse gas emitter, added 71.67 gigawatts (GW) of wind power capacity last year, the most ever and nearly triple 2019's levels, according to data released by the National Energy Administration (NEA) late Wednesday.China's 2020 figure is ahead of the 60.4 GW of new wind capacity added globally in 2019, according to data from the Global Wind Energy Council.The rise came as Beijing announced an end to subsidies for new onshore wind power projects starting from 2021.New solar power capacity also rebounded in 2020 to 48.2 GW after falling for two straight years, the data showed, beating an earlier industry estimate of 40 GW.China had vowed to increase the share of non-fossil fuels in its primary energy … [Read more...] about China doubles new renewable capacity in 2020, but continues to builds thermal plants
Innovating global health china ltd
Investing in health is good economics
by Anurag KumarHealth spending is largely viewed as a cost. This is true of Governments and individuals alike. Finance Ministries thinks of health as a social sector expenditure. Individuals avoid paying for health till it becomes absolutely necessary and unavoidable.It would be wise for both, Governments, and individuals to consider health as an investment instead. Individual ‘investment’ in self-care and preventive health yield returns by lowering need for, and spending on curative care. Government investment in health has a strong multiplier effect throughout the economy in addition to enhancing the population’s well-being.The 2021 budget presents an opportunity to mark a departure from the chronic, low public spending on health. Policymakers should take the Covid-19 pandemic as a cue to move health expenditure to a higher orbit. Beyond the immediate need to fund Covid-19 vaccination, it is also a critical juncture where the role and impact of public health funding … [Read more...] about Investing in health is good economics
China sanctions top Donald Trump officials after Joe Biden takes charge as US President
Besides Pompeo, the other individuals include Peter Navarro (incumbent Director of the Office of Trade and Manufacturing Policy), Robert O`Brien (former National Security Adviser), David R. Stilwell (former Assistant Secretary for the Bureau of East Asian and Pacific Affairs), Matthew Pottinger (former Deputy National Security Advisor), Alex Azar (former Secretary of Health and Human Services), Keith J. Krach (incumbent Under Secretary of State for Economic Growth, Energy, and the Environment), and Kelly Craft (former Ambassador to the UN), John Bolton (former National Security Advisor) and Stephen K. Bannon (former White House Chief Strategist), China’s official news agency Xinhua reported. … [Read more...] about China sanctions top Donald Trump officials after Joe Biden takes charge as US President
Vice-President urges apparel exporters to increase share in the global market
The Vice-President also urged the industry to look at a diverse portfolio of products to tap new markets. The private sector should partner with the government and improve competitiveness even in new areas such as MMF and technical textiles. The textile and clothing sector should focus on technology upgrade and upskilling workers to improve its competitiveness. … [Read more...] about Vice-President urges apparel exporters to increase share in the global market
China is pacing threat: Biden defence chief
If we are called upon to conduct operations against a near peer such as China or Russia, it's a different type of engagement. And we need different capabilities; we need the operational concepts that can employ those capabilities...we'll be required to understand what's going on the battlefield much better, much faster, to be able to decide a lot quicker, and then to be able to act a lot quicker, he said. … [Read more...] about China is pacing threat: Biden defence chief