20221124 China News
Source: | Author:eacham | Published time: 2022-11-24 | 239 Views | Share:



01

A draft amendment to the Anti-Unfair Competition Law opened for public opinion on Tuesday, with provisions for fines ranging as high as 5 percent of a firm's annual revenue to punish unfair competitive practices, it was announced on the website of the State Administration for Market Regulation.

 

02

The demonstration zone for integrated ecological and green development in the Yangtze River Delta region, which was launched three years ago, has stepped up its high-quality development, driven by institutional innovation and the expansion of industry leaders, said government officials.

 

03

The International Monetary Fund has forecasted China's economy to grow at 3.2 percent in 2022, then rise by 4.4 percent for the next two years as the country's growth remains under pressure following an "impressive" recovery from the pandemic's initial impact.

 

04

Global intellectual property applications rose last year despite the COVID-19 pandemic, with China leading the growth, World Intellectual Property Organization data shows. Of the 3.4 million patent applications filed around the world in 2021, China's IP office received 1.59 million, according to the World Intellectual Property Indicators Report 2022, issued on Monday.

 

05

China has rolled out a core component in the world's largest nuclear fusion reactor project, also known as the world's largest "artificial sun", its developer said on Tuesday. The production of the enhanced-heat-flux first wall panel of the International Thermonuclear Experimental Reactor (ITER), has been completed, with its performances substantially higher than design requirements, and thus suitable for mass production, according to its developer, Southwestern Institute of Physics under the China National Nuclear Corporation.

 

06

China's development of the hydrogen energy industry is on a fast track driven by policy support and market demand, with innovative technologies, new applications and mechanisms constantly emerging, experts said. More efforts are expected to accelerate technological breakthroughs, expand the application of hydrogen fuel cells in areas such as rail transit and power supply to achieve new green and low-carbon growth, accelerate the development of hydrogen made from green sources and step up global cooperation in the sector, they said.

 

07

China will continue to expand high-level opening-up and further accelerate the opening up of its financial sector, said officials and executives at the Annual Conference of Financial Street Forum 2022 on Monday. The country will foster a market-oriented and world-class business environment governed by a sound legal framework, said Peng Chun, chairman and chief executive officer of China Investment Corp.



Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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