China Energy Investment Corporation (China Energy) announced on June 5 that it will add 15m kilowatts (kW), or 15 gigawatts (GW), of installed capacity of wind and solar power in 2021, as reported by Caixin on June 8. The new installed capacity of renewables in...
State Administration for Market Regulation (SAMR) held a regulatory meeting and required eight sharing economy companies engaged in bicycle or mobile power bank sharing to standardize pricing and competition practices, as reported by Caixin on June 3. The companies included Alibaba-backed [BABA:US] bike-sharing platform Hellobike,...
Beijing Children’s Law Aid and Research Center, the earliest legal child protection organization in China, announced on June 1 that it is suing Tencent [0700:HK] on its flagship mobile game, Honor of Kings, for infringing minor’s rights and interests, as reported by Caixin on June...
National Development and Reform Commission (NDRC) and National Energy Administration (NEA) jointly released the renewable electricity consumption quotas for each province in 2021 and the expected targets in 2022 on May 25, as reported by Xinhuanet on May 26. Local energy departments are responsible for...
National Development and Reform Commission (NDRC), Cyberspace Administration of China (CAC), Ministry of Industry and Information Technology (MIIT), and National Energy Administration (NEA) on May 26 jointly released an implementation plan to build data center clusters, as reported by Caixin on May 27. The plan...
Chinese largest battery maker Contemporary Amperex Technology (CATL) [300750:CH] announced on May 21 that it will release sodium-ion batteries around July, according to Caixin on May 25. The company also said that the price of the new sodium-ion battery will be slightly higher than that...
CFA Institute published the first draft of its voluntary industry standard, namely the ESG Disclosure Standards for Investment Products, for feedback on the proposed principles, requirements, and recommendations, according to its own website on May 19. The Standards aim at clarity and efficiency in identifying,...
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...
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...
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