China will also strengthen training on the implementation of the RCEP, he said, adding the ministry plans to hold a national online training session on Monday and Tuesday, to systematically introduce articles of the deal on goods, services, investment, rules of origin, Customs facilitation and other areas. The aim is to assist local governments, industry organizations and enterprises to be familiar with RCEP rules, he said. … [Read more...] about China to greenlight RCEP in six months
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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 aims at high-quality growth, further reform and opening-up during its 14th Five-Year Plan period (2021-25), joining the CPTPP will be mutually beneficial for the country and other parties, said Gao Lingyun, a research fellow at the Institute of World Economics and Politics of the Chinese Academy of Social Sciences. … [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
