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  • China's NEV annual production hits 10 million milestone amid global carbon reduction efforts

    China's annual production of new energy vehicles (NEVs) surpassed the 10 million milestone for the first time on Thursday, further contributing to the world's carbon reduction efforts.

    November14,2024


  • 【Financial Str. Release】China Development Bank receives first funds through carbon reduction tool

    The China Development Bank has received 10.267 billion yuan (about 1.62 billion U.S. dollars) of funds from the People's Bank of China, the country's central bank, through a supporting tool for carbon reduction.

    January14,2022


  • AI-related tech to contribute 70 pct of carbon reduction by 2060: whitepaper

    Artificial Intelligence (AI) technology will make more contributions in carbon reduction, with an estimation of at least 70 percent by 2060, reducing over 35 billion tons of carbon emissions, according to a white paper released recently.

    December13,2021


  • 【Financial Str. Release】China's central bank rolls out new lending tool for carbon reduction

    The People's Bank of China (PBOC), the nation's central bank, said on Monday that it has rolled out a supporting tool for carbon reduction as part of efforts to facilitate the country's goal of carbon neutrality.

    November09,2021


  • China to rectify "campaign-style" carbon reduction: NDRC

    China will rectify deviations in its effort to cut carbon emissions while resolutely curbing the pell-mell development of high-energy intensity and highly pollutive projects, the country's top economic planner said Tuesday.

    August17,2021


  • China's central bank to set up supportive tools for carbon reduction

    China's central bank will set up supportive tools for carbon reduction to encourage commercial banks to channel more financial resources to green industries, as part of efforts to facilitate the country's goal of carbon neutrality.

    March26,2021


  • China Focus: China works to achieve carbon reduction pledge

    A factory with glass walls and a glass roof in the city of Bengbu, east China's Anhui Province, has generated more than 11 million kilowatt-hours of electricity within a year.

    March22,2021


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