China will implement a batch of demonstration projects featuring advanced green and low-carbon technologies, the National Development and Reform Commission (NDRC) said Tuesday. By 2025, a number of advanced green and low-carbon technological achievements will be transformed and applied, while supportive policies, business models and regulatory mechanisms conducive to the promotion and application of the technologies will be gradually refined. It is necessary to improve policies for green and low-carbon economic development, and strengthen fiscal support, tax policy support, financial support and pricing policy support. It is imperative to promote a better combination of efficient markets and competent government, and integrate resource and environmental factors such as carbon emission rights, energy use rights, water use rights, and pollutant discharge rights into the overal...

Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates were invited to become new BRICS members. The decision was announced at a special news conference during the 15th BRICS Summit in Johannesburg, South Africa. The expansion marks a new starting point for BRICS cooperation. It will inject new vitality into the mechanism of BRICS cooperation and further strengthen the forces of global peace and development. The BRICS expansion is historic, reflects the resolution of the BRICS countries to unite and cooperate with other developing countries, meets the expectations of the international community, and serves the common interests of emerging markets and developing countries....

China aims to accelerate the industrialization of new materials like superconducting materials, graphene and liquid metal that are now considered critical to the development of high-tech industries, the country's top industry regulator said. The Ministry of Industry and Information Technology and the State-owned Assets Supervision and Administration Commission jointly released a list of important new materials whose industrialization will be advanced. These materials represent the direction of the development of the new materials industry, which is an important entry point for building new growth engines, the ministry and the commission said. They also called for their subordinate bodies to encourage enterprises to advance the industrialization of graphene in sectors like rail traffic, aerospace equipment, new energy and new-generation information technologies. Also, more e...

Themed "Opening-up leads development, cooperation delivers the future," the 2023 CIFTIS is being held in Beijing from Sept. 2 to 6. Eighty-three countries and international organizations are attending the fair, and more than 2,400 companies are participating in offline exhibitions. This year's fair comprises the Global Trade in Services Summit, exhibitions and displays, forums and conferences, promotional business talks, achievements release and supporting events.   China will work with all countries and parties to advance inclusive development through openness, promote connectivity and integration through cooperation, foster drivers for development through innovation, and create a better future through shared services, in a bid to jointly get the world economy onto the track of sustained recovery. The country will share the outcomes of the Chinese modernization d...