China Tag

30 Dec China to Include More Industries in Its Emissions Trading Scheme

Posted at 14:37 by Jordy Leo

China plans to include financial institutions, non-ferrous metals, and building materials in its national emissions trading scheme (ETS), as reported by Reuters on December 29. Specifically, the non-ferrous metal and building materials sectors are expected to join the ETS market as early as 2022. Other...

13 Dec Beijing City to Phase out Coal Use, Limit Natural Gas Consumption

Posted at 14:49 by Jordy Leo

Beijing Municipality rolled out the city’s ecological and environmental protection plan for the 2021-2025 period, or the 14th Five-Year Plan (FYP) period, at a press conference on December 8, as reported by bjx.com on the next day. The plan focusing on carbon reduction outlined that...

10 Dec Longyuan Power Approved for Dual-Listing on A-share Market through Share Swap

Posted at 15:44 by Jordy Leo

The world’s largest wind power producer Longyuan Power [0916:HK], a partially owned subsidiary of state-owned China Energy Investment Corporate (CEIC), has obtained approval from CSRC for a dual-listing on the A-share market through a stock swap, as reported by Shanghai Security News on December 8....

08 Dec China Scales up Desert Renewable Energy Build by Collecting Second-Batch Proposals

Posted at 15:58 by Jordy Leo

China’s National Energy Administration (NEA) will soon launch the second batch of massive wind and solar power projects in the Gobi Desert and other arid areas, two months after President Xi Jinping announced the plan, as reported by Bloomberg on December 6. NEA has informed...

08 Dec China Rolls out Five-Year Green Development Plan for Industrial Sectors

Posted at 14:57 by Jordy Leo

China’s Ministry of Industry and Information Technology (MIIT) on December 3 released a five-year green development plan of its industrial sectors, as reported by Reuters on the same day. MIIT reiterated the targets of lowering carbon dioxide emissions by 18% and energy intensity by 13.5%...

01 Dec China Adds E-Cigarettes to Supervision under Tobacco Monopoly Law

Posted at 11:54 by Jordy Leo

China’s State Council has amended its tobacco monopoly law to include e-cigarettes on November 26, eight months after it released a draft guideline to bring vaping under the legislation supervision, as reported by Reuters on the same day. The law revision clarified the legal status...

29 Nov China to Limit Methane Emissions in Coal, Agricultural, Waste Disposal Sectors

Posted at 11:48 by Jordy Leo

China, the world’s biggest emitter of human-caused methane, is drafting a national action plan for methane emission control during its 14th Five-Year Plan (2021-2025) period, as reported by Reuters on November 25 citing the Ministry of Ecology and Environment (MEE). MEE’s deputy director for climate...

22 Nov China to Limit Excessive Production Expansion in Lithium Battery Industry

Posted at 16:37 by Jordy Leo

China’s Ministry of Industry and Information Technology (MIIT) released two draft guidelines on the lithium battery sector for public consultations, aiming to propel technical progress, improve product quality, and reduce manufacturing costs in the industry, as reported by Caixin on November 19. One of the...

19 Nov China Establishes RMB200bn Relending Facility to Support Clean Coal Use

Posted at 11:23 by Jordy Leo

China will set up a special relending facility worth RMB200bn (USD31.35bn) to support the clean and effective use of coal, as announced at an executive meeting of the State Council on November 17, according to its official website on the next day. Specifically, banks with...

18 Nov Common Ground Taxonomy: Consolidation of China and EU Green Definitions

Posted at 15:00 by Helena Zhu

The Common Ground Taxonomy (CGT), a comparative study of the green taxonomies of China and the EU, was published by the International Platform on Sustainable Finance (IPSF) on November 4 at the COP26. The CGT’s mission was to comprehensively assess existing taxonomies and identify commonalities...

08 Nov IPSF Releases Common Ground Taxonomy Built on EU, China Green Taxonomies

Posted at 15:46 by Helena Zhu

The International Platform on Sustainable Finance (IPSF) on November 4 released the Common Ground Taxonomy, a green investment classification system built on the green taxonomies of the EU and China, as reported by Caixin Global on November 5. Developed over two years, the Common Ground...

27 Sep China Issues First Operating Guidance for Green Bond Evaluation Agencies

Posted at 16:54 by Una Qu

China Green Bond Standard Committee (CGBSC) released the first operating guidance to regulate the domestic green bond evaluation market on September 24, according to the press on the National Association of Financial Market Institutional Investors (NAFMII) on the same day. The guidance will focus on...

13 Sep China Continues Strengthening Controls of Online Games for Teen Anti-Addiction

Posted at 17:41 by Una Qu

Chinese authorities on September 8 summoned major online gaming companies such as Tencent [0700:HK] and NetEase [NTES:US], along with game account rental and game broadcasting platforms, reiterating the gaming anti-addiction policy implementation to protect teenagers, as reported by Xinhuanet on the same day. The central...

08 Sep China Launches National Green Electricity Trading Trial

Posted at 17:42 by Una Qu

State Grid Corporation of China and China Southern Power Grid (CSG) launched the national-level green electricity trading trial for the first time on September 7, following approval from NDRC and National Energy Administration (NEA), as reported by Xinhuanet on the same day. According to the...

25 Aug China Passes Personal Information Protection Law, Effective in November

Posted at 17:20 by Maria Ma

The Standing Committee of the 13th National People's Congress (NPC) approved the Personal Information Protection Law (PIPL) on August 20, which will take into force on November 1, as reported by Chinanews.com on the same day. The law stipulates that no organization or individual shall...