Insights

Regulators are forming green standards governing home appliances To encourage sustainability within the household appliance industry and reduce carbon emissions, Chinese government agencies and industry associations are ramping up issuing green standards for each segment. The policies are also guiding consumers to make more sustainable purchasing...

State Administration for Market Regulation (SAMR) and the Ministry of Commerce (MOFCOM) held an administrative guidance meeting for the regulation of community group buying businesses on December 22, where Alibaba [BABA:US], Tencent [0700:HK], JD.com [JD:US], Meituan [3690:HK], Pinduoduo [PDD:US], and Didi Chuxing participated, according to...

State Development Investment Corporation (SDIC) announced on December 21 that its subsidiary, SDIC Power Holdings [600886:CH], completed its stock acquisition of a Swedish onshore wind energy project, Överturingen, according to Bjx.com.cn on December 23. SDIC Power holds a 50% stake and will manage the project...

China’s National People’s Congress (NPC) Standing Committee has started reviewing the first draft of the new anti-food-waste law in China, as reported by Xinhua on December 22. The draft law contains 32 articles, clarifying the definition of food waste, the responsibility of the relevant government...

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