20221206 China News
Source: | Author:eacham | Published time: 2022-12-06 | 616 Views | Share:



01

Openness, non-discrimination and adherence to multilateral rules are important guarantees for the healthy operation of the market economy and global supply chains, said a former senior official of the World Trade Organization.

 

02

The Agricultural Development Bank of China, the country's rural policy bank, has strengthened its financial support for the construction of roads in the country's rural areas. The bank's outstanding loans to facilitate rural road development surpassed 254 billion yuan ($36 billion) by the end of October, up 28.5 billion yuan from the beginning of this year, hitting a record high.

 

03

More Chinese enterprises are embracing the concept of environmental, social, and governance as they continue to improve their sustainable development capabilities and respond to the country's goal of reducing carbon emissions.

 

04

CNOOC Petroleum Brasil has doubled its stake in the Buzios oilfield in Brazil to 10 percent from 5 percent, its parent China National Offshore Oil Corp announced on Thursday. CNOOC paid $1.9 billion for the additional 5 percent stake as part of a production-sharing agreement with Petrobras, the Brazilian oil and gas giant that operates the field and holds an 85 percent stake in the venture. CNODC Brasil Petroleo e Gas holds the remaining 5 percent stake.

 

05

The giant panda is a powerful symbol when it comes to species conservation. In Belgium, a zoo that is hosting five giant pandas and has worked with Chinese animal experts on panda breeding for many years epitomizes the cooperation between the two countries in protecting animals and preserving biodiversity.

 

06

Drivers caught in traffic jams may often wish they could take to the air to bypass busy roads, before landing in areas free from congestion. That wish is now one step closer to becoming reality. Late last month, Chinese company Xpeng Aeroht unveiled a flying car prototype that resembles a typical car except for a foldaway eight-motor system mounted on the top that enables it to fly.

 

07

Work and explorations on how to improve the Belt and Road economic and trade rules will contribute to the high-quality joint construction of the Belt and Road Initiative, benefiting all BRI participants and the world economic recovery as well, according to experts.



Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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