Carbon taxes revenue tripled between 2017 and 2023
Between 2017 and 2023, the revenue from carbon dioxide related taxes in the EU increased strongly, growing from €15 billion to €51 billion. Carbon (dioxide) taxes are levied on the…
Beijing hutong hosts 100th K Coffee store as brand bets on culture-led growth
K Coffee opened its 100th store in Beijing on Jan 12. A more-than-700-year-old hutong in central Beijing has become the latest proving ground for culture-driven retail innovation, as K Coffee…
2024: nearly 50% of EU electricity came from renewables
In 2024, renewable energy sources accounted for 47.5% of gross electricity consumption in the EU, indicating a 2.1 percentage points (pp) increase from 2023. It has almost tripled (+30 pp)…
China, EU agree on guidance for price undertakings on Chinese EV exports
China and the European Union have agreed to provide general guidance on price undertakings — commitments to maintain minimum prices — for Chinese exporters of battery electric vehicles to the…
China files plans for 200,000-plus satellites with global body
China has filed plans for more than 200,000 satellites with the International Telecommunication Union, signaling a decisive push to secure orbital slots and radio spectrum as competition intensifies among major…
Quality and value creation key to China’s industrial growth, industry regulator says
China’s industrial growth will increasingly rely on “value creation” and “winning through quality”, with key sectors — including integrated circuits, new materials, aerospace, and artificial intelligence — set to be…
Zhuzhou pharm company signs huge licensing deal
Biopharmaceutical company Zonsen PepLib Biotech said in a company statement on Monday that it has struck a global licensing deal with Swiss multinational pharmaceutical company Novartis to develop a new…
Services and quality of life: making rural areas places to live and work
Becoming or remaining a farmer depends not only on access to land, finance and knowledge, but also on the quality of life in rural areas. Reliable services — from healthcare…
Pricing deal to avoid EU tariffs on Chinese EVs
Visitors explore the XPeng booth on Saturday at the Brussels Motor Show in Belgium. Chinese electric vehicle brands are among the highlights of the show, which runs from Jan 9…
Cycling economy fueling sports-related spending
World champion cyclist Wong Wan-Yiu rides by the sea in Shenzhen, South China’s Guangdong province, on Oct 29. LIANG XU/XINHUA BEIJING — Whether traversing the breezy coastal greenways of Shenzhen,…