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News Focus

◐The Central Committee of the Communist Party of China and the State Council issued an opinion, which for the first time systematically deployed measures to accelerate the comprehensive green transformation of economic and social development.According to Xinhua News Agency, the "Opinions on Accelerating the Comprehensive Green Transformation of Economic and Social Development" issued by the CPC Central Committee and the State Council was released on August 11. This is the first time that the central government has made systematic arrangements to accelerate the comprehensive green transformation of economic and social development. The opinions put forward a series of goals: by 2030, the scale of energy-saving and environmental protection industries will reach about 15 trillion yuan; the proportion of non-fossil energy consumption will increase to about 25%; the carbon emission intensity of the unit turnover of operating vehicles will decrease by about 9.5% compared with 2020; the annual utilization of bulk solid waste will reach about 4.5 billion tons, etc.【More details】

Domestic News

◐In July this year, the national retail sales of new energy passenger vehicles reached 878,000 units, surpassing fuel passenger vehicles for the first time.According to a report by CCTV News Client on August 9, in July 2024, the national new energy passenger car retail sales reached 878,000 units, surpassing fuel passenger cars for the first time. In July 2024, the national passenger car market retail sales reached 1.72 million units, down 2.8% year-on-year and 2.6% month-on-month. Among them, the retail sales of conventional fuel passenger cars in July reached 840,000 units, down 26% year-on-year and 7% month-on-month.

◐National Bureau of Statistics: Prices of chemical raw materials rose by 0.6%, and prices of fuel and power rose by 0.5%.On August 9, data released by the National Bureau of Statistics showed that in July, among the purchaser prices of industrial producers, prices of construction materials and non-metallic items fell by 5.2%, prices of ferrous metal materials fell by 2.6%, prices of agricultural and sideline products fell by 1.9%, and prices of textile raw materials fell by 0.5%; prices of non-ferrous metal materials and wires rose by 11.3%, prices of chemical raw materials rose by 0.6%, and prices of fuel and power rose by 0.5%.【More details】

◐The list of Shanghai’s first batch of carbon peak and carbon neutrality pilot demonstration projects has been announced.According to the website of the Shanghai Development and Reform Commission, on August 9, the Shanghai Development and Reform Commission issued the first batch of carbon peak and carbon neutrality pilot demonstration lists. Baowu (Shanghai) Carbon Neutrality Industrial Park, Huangpu District and 20 other objects were included in Shanghai’s first batch of carbon peak and carbon neutrality pilot demonstration list.【More details】

◐Chinese scientists have made new progress in the research of intelligent optical chips.According to CCTV News on August 9, the research team of Professor Fang Lu from the Department of Electronic Engineering of Tsinghua University and the research team of Academician Dai Qionghai from the Department of Automation have recently achieved efficient and accurate training of large-scale neural networks in optical computing systems. The research results were published online in the journal Nature on the evening of August 7, Beijing time, under the title of "Full Forward Training of Optical Neural Networks".

◐Hainan releases a new batch of integrated innovation cases of the free trade port system.According to a report by People's Daily on August 10, Hainan Free Trade Port recently released a new batch of 6 institutional integrated innovation cases, including the creation of Boao Near Zero Carbon Demonstration Zone, the three-dimensional development and utilization of marine space resources, the "standard + credit + wisdom" tourism consumption guarantee system, the "machine management bidding" to promote the construction of a clean free trade port, the "Haiyi Exchange" new service model for enterprises, and the targeted stationing of judges to jointly build a rule of law service center. So far, Hainan Free Trade Port has released 17 batches of 146 institutional integrated innovation cases.

◐The construction of Guangxi liquefied natural gas export pipeline double-line project has officially started.According to CCTV News on August 9, on August 8, the construction of the Guangxi Liquefied Natural Gas Export Pipeline Double Line (Baise to Wenshan) Project, a key project of the country's "14th Five-Year Plan" major energy infrastructure, officially started. After completion and commissioning, it will increase the natural gas supply to the southeastern Yunnan region by 1 billion cubic meters per year.

◐The first batch of 11 wind farm renovation and upgrading projects in Hebei Province received national approval.According to the website of the Hebei Provincial People's Government, Hebei Province has seized the opportunity of large-scale equipment renewal and consumer goods replacement, and actively planned the renovation and upgrading of old wind farms. On July 30, 11 wind farm renovation and upgrading projects in the province received the first batch of national approval. After the renovation and upgrading of the project and equipment renewal, the scale will increase from 529,500 kilowatts to 1,628,990 kilowatts, with an additional investment of nearly 10 billion yuan, an annual power generation of 4 billion kilowatt-hours, and an annual power generation income of more than 1.5 billion yuan.

◐The first “carbon neutral” oil depot in Zhejiang Province was born.According to a report by the Securities Times on August 11, recently, Sinopec Zhejiang Petroleum Ningbo Sanguantang Oil Depot obtained a "carbon neutrality certificate" issued by a third-party professional organization, marking the birth of the first "carbon neutral" oil depot in Zhejiang Province. The oil depot vigorously promotes energy conservation and consumption reduction through measures such as building photovoltaic power generation projects, eliminating high-energy-consuming equipment, installing air-conditioning energy-saving controllers and LED energy-saving lamps, and green electricity trading, achieving full offset of carbon emissions, thereby achieving "carbon neutrality".

International News

◐Russia continues to cut oil production in accordance with the agreement reached within the OPEC+ framework.According to CCTV News on August 10, the Russian Ministry of Energy announced on August 9 that Russia continued to reduce oil production in accordance with the agreement reached within the framework of "OPEC+", and Russia's oil production in July fell further compared with June. Due to temporary problems in the supply schedule, daily oil production was 67,000 barrels less than the planned target, and the relevant situation will improve in August and September.

Company News

◐The Lao government and Chinese companies signed a clean energy base project development agreement.According to a report by People's Daily on August 11, the Lao government and CGN Energy Technology (Laos) Co., Ltd. signed a photovoltaic sector development agreement for the second phase of the wind and solar project of the Laos Northern Interconnection Clean Energy Base in Vientiane on August 8. According to the agreement, the two parties will jointly develop the second phase of the 580 MW photovoltaic project in Luang Namtha Province and the 420 MW photovoltaic project in Oudomxay Province based on the first phase of the 1,000 MW photovoltaic project in Oudomxay Province.