The Cyberspace Administration of China (CAC) published a notice on its official website on May 21, naming 105 mobile apps for illegal collection and use of personal data. The notice stated that the CAC launched an investigation on commonly-used apps after receiving complaints from users regarding personal data infringement. Apps...
China’s Ministry of Ecology and Environment (MEE) officially published a set of interim rules for carbon emission rights trading, governing registration, trading specification, and settlement of emission rights for the national emissions trading system (ETS) on May 17. Prior to trading, local governments should first...
The municipality of Beijing is accelerating the launch of a green finance pilot zone in order to further improve the quality and effectiveness of the finance sector to support green technology development and promotion, as reported by CINIC on May 19. In the meantime, the...
State-owned China Southern Power Grid Company (CSG) on May 15 released its implementation plan to build a new electricity system with renewables as the dominant energy from 2021 to 2030, as reported by Caixin on May 17. During the decade, CSG would increase the new...
NDRC and National Energy Administration (NEA) jointly published a notice on facilitating electricity spot market pilot projects on April 28, as reported by Caixin on May 10. The document called for the promotion of new energy inclusion in the markets, cross-region electricity transmission projects, and...
China Banking Association (CBA) has established a working group for Chinese banking institutions to support the goal of peaking carbon emissions by 2030 and achieving carbon neutrality by 2060, said Deputy Secretary General of CBA Guo Sanye, as reported by China Finance Online on May...
The Cyberspace Administration of China (CAC) released draft rules on automotive data security and management on May 12, imposing new restrictions on user data collection and processing of automakers, as reported by Caixin on the same day. According to the proposed regulations, automobile data operators...
The Ministry of Transport (MoT), the Cyberspace Administration of China (CAC), the Ministry of Industry and Information Technology (MIIT), and five other departments jointly held a regulatory meeting on May 14 with ten online ride-hailing providers, such as Didi Chuxing, Meituan [3690:HK], and Huolala, as...
Chinese dairy conglomerate Mengniu [2319:HK] apologized on May 7, after its marketing campaign running in partnership with the iQIYI [IQ:US] show Youth with You 3 went awry. The apology came after a video showing a group of middle-aged people opening dairy bottles and pouring milk...
US new energy vehicle (NEV) manufacturer Tesla [TSLA:US] is working on developing a platform in China that allows car owners to access their driving data, as reported by Caixin on May 8. The platform is expected to be put into operation by the end of...
China’s Ministry of Industry and Information Technology (MIIT) published new swap rules for new steel production capacity, in order to accelerate the elimination of low-grade and outdated steelmaking capacity and strengthen air pollution control, as reported by Caixin on May 7. According to the latest...
Shanghai launched its first virtual power plant (VPP) action on May 6, as reported by Xinhuanet on May 10. The VPP project covers various types of resources including electric vehicle charging piles, commercial buildings, industrial parks, combined cooling heating and power system (CCHP), energy storage...
Arabesque S-Ray and Seneca ESG will collaborate to integrate Arabesque S-Ray’s climate-focused Temperature Score and Emissions data into Seneca ESG’s ZENO software platform. The integration will enable investment firm users of ZENO to gain immediate access to underlying and abstracted climate data on thousands of companies...
CSRC revised several disclosure rules of listed companies' annual and semiannual reports for public consultation, from May 7 to June 7, as reported by Securities Daily on May 7. Notably, the authority integrated disclosure requirements on environmental protection and social responsibility into a new, separate...
Shanghai International Energy Exchange (INE), a subsidiary of Shanghai Futures Exchange (SHFE), published consultation papers on May 6 for the INE Crude Oil Options Contract Specifications, Options Trading Rules of the Shanghai International Energy Exchange, and revisions on related implementation rules, as reported by Caixin...
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