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Spring Festival travel rush mirrors bright future of China

0 6 min 1 yr

By Shi Ling, People’s Daily Long Fei, a migrant worker that works in south China’s Guangdong province, returns to his home in Guizhou every Chinese New Year. Many years ago, Long and other fellow migrant workers working in the Pearl River Delta region often rode […]

Culture
0 5 min 1 yr

To make economic globalization more open, inclusive, balanced, beneficial to all

By Huan Yuping, People’s Daily Some pessimism about economic globalization has emerged in recent years due to rising protectionism, increasing blockages in global industrial and supply chains, and weakness of international trade. This has led some to proclaim the “golden age” of economic globalization is […]

Culture
0 7 min 1 yr

Chinese provincial-level regions report remarkable economic performance in 2023

By Wang Wenzheng Recently, 31 provinces, municipalities and autonomous regions in China successively released their economic performance for 2023 and announced their economic development targets for the coming year. Guangdong became the first province to surpass 13 trillion yuan ($1.83 trillion) in GDP, while Jiangsu […]

Culture
0 7 min 1 yr

U.S. should stop taking “national security” as catch-all excuse

By Zhong Sheng, People’s Daily Recently, the U.S. Department of Defense once again used “national security” as an excuse to include some Chinese chip and artificial intelligence (AI) companies on its discriminatory lists, and threatened to take further measures against these entities. The U.S. side […]

Culture
By Guan Kejiang, People’s Daily Newly installed solar photovoltaic (PV) capacity is expected to reach 375 gigawatts globally in 2023, growing 31.8 percent year on year, said an annual report recently issued by the International Energy Agency. China’s solar PV installations last year equaled to the world’s total in 2022. Demetrios Papathanasiou, global director for the World Bank’s Energy and Extractives Global Practice, believes that developing the solar PV industry is crucial for addressing climate change and promoting energy transition. At the 28th meeting of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) held last year, the development of solar energy was one of the key topics discussed. The agreement reached at the COP28 for the first time acknowledged the decreasing costs and technological innovations in solar energy, wind energy, and energy storage, recognizing their potential in achieving climate goals. It called on countries to transition away from fossil fuels in a just, orderly, and fair manner within the energy system. In recent years, the global PV industry has been experiencing rapid growth. According to relevant statistics, the average annual growth of PV installations worldwide reached 28 percent from 2019 to 2023. Consulting firm Wood Mackenzie said that solar energy has become the most cost-competitive energy source in most countries. The PV industry is expected to maintain a high growth rate over the next decade. Former Vice Chair of the UN Intergovernmental Panel on Climate Change, Mohan Munasinghe, noted that sustainable development is a crucial challenge for human society. The continuous innovation and growing advantages of solar PV technology provide developing countries with options for achieving economic sustainability, transitioning to clean energy, and protecting the environment. The Francisco Pizarro PV plant in Extremadura, Spain, began operation in 2022 and is one of the largest operational PV power stations in Europe. All the solar panels used in this plant were sourced from China. In Garissa County, Kenya, the Garissa solar power plant constructed by a Chinese company, has effectively addressed the issue of electricity shortage in the local area, providing continuous clean electricity to local residents. In recent years, the Bank of China (BOC) has been involved in various solar power projects, such as the Al Dhafra PV2 solar project in the United Arab Emirates and the 300 MW Sakaka solar PV project in Saudi Arabia. Last year, the bank issued a $500 million green bond with a focus on the Belt and Road Initiative. Pan Xinyuan, general manager of Bank of China Dubai Branch, said that China, as the world’s largest producer of solar components, has a leading advantage in solar project construction. Chinese banks, as a bridge connecting production capacity and market demand, can play a positive role in promoting global energy transformation. Fatih Birol, executive director of the International Energy Agency, noted that China has achieved remarkable success in the development of clean energy, such as solar and wind power, as well as the electric vehicle industry, making it a champion in the field of clean energy. Sultan Ahmed Al Jaber, minister of Industry and Advanced Technology of the United Arab Emirates and president-designate of the COP28, emphasized that China’s continuous leadership in clean energy technology is a crucial factor in facilitating global energy transition, addressing climate change, and promoting development. Xiao Jinyu, deputy director-general of Economic and Technology Research Institute, Global Energy Interconnection Development and Cooperation Organization, said in an interview with People’s Daily that China has elevated the acceleration of renewable energy development to a level of ensuring national energy security and strengthening ecological progress, achieving rapid progress in a short period of time. It is exactly because of China’s vigorous development of renewable energy that the cost of solar power generation has decreased by nearly 90 percent globally in recent years, and wind power cost by 80 percent. Ahmed Mohamed Mohina, vice minister of Electricity and Renewable Energy of Egypt, said that the Chinese solution is of great significance to global energy transition and climate governance. It provides feasible solutions for African and Arab countries to promote energy transition, stimulate economic development, and improve ecological environment. Erik Solheim, vice president of the Belt and Road Initiative International Green Development Coalition and former UN under-secretary-general, noted that China has made significant contributions to the global development of renewable energy. It has also provided innovative driving forces for the economic development and green and low-carbon transformation of developing countries.
0 5 min 1 yr

China’s PV industry contributes to global green development

By Guan Kejiang, People’s Daily Newly installed solar photovoltaic (PV) capacity is expected to reach 375 gigawatts globally in 2023, growing 31.8 percent year on year, said an annual report recently issued by the International Energy Agency. China’s solar PV installations last year equaled to […]

Culture
0 5 min 1 yr

China’s Spring Festival becomes international cultural event

By Ye Ban The 78th UN General Assembly has adopted a resolution by consensus to list the Lunar New Year, known as Spring Festival in China, as a UN floating holiday. It’s another example of the increasing international appeal of the Spring Festival, showcasing once […]

Culture
0 6 min 1 yr

Zigong’s lanterns enjoy high reputation around world

By Li Kaixuan, People’s Daily In a workshop of Zigong Longteng Culture and Art Co., Ltd. based in Zigong, southwest China’s Sichuan province, the skeleton of a loong-shaped lantern was completed amid flying sparks from welding. Loong, or Chinese dragon, the fifth sign in the […]

Culture
0 6 min 1 yr

China contributes to Antarctic studies, protection over past 40 years

By Liu Shiyao, Hu Runxin, People’s Daily China’s Qinling Station started operation on Inexpressible Island in the Terra Nova Bay of Antarctica on Feb. 7. Chinese President Xi Jinping sent a congratulatory letter on the completion of the building of the Qinling Station and its […]

Culture
0 4 min 1 yr

Chinese market boosting growth in Brazilian coffee exports

By Shi Yuanhao, People’s Daily Brazil exported more than 39.24 million 60-kg bags of coffee last year, on par with those in 2022, according to the the Brazilian Coffee Exporters Council. Of these, 1.48 million bags were exported to China, a significant 278.6 percent increase […]

Culture
0 6 min 1 yr

China, Europe enjoy huge potential in green cooperation

By Lin Zihan, Wu Yue Recently, China-Europe green cooperation has been making significant progress in new energy investment and green trade. German automaker Audi is making rapid progress in the construction of its first purely electric vehicle production base in Changchun, northeast China’s Jilin province. […]

Culture