China is the best-performing, non-EU country in the G20 in terms of decarbonization, recording a rate of 6 percent last year, according to the index. Baviere says this is because the best targets, technology and know-how are not for sale on the open market, and speculates that there is underlying mistrust of Chinese intentions. The initiative spans 65 countries, with a total population of 4.4 billion, which is over 60 percent of the world's population, and together they account for only 29 percent of the global economy.
China Club, an online platform set up this summer, is powered by China Daily Europe and hosted by Talkholiday, a travel-themed social networking website. Officials at CREG, the construction machinery subsidiary of China Railway Group Ltd, said they expect to keep expanding this lucrative type of specialist engineering work into other key foreign markets next year, after enjoying their best ever year.
Additionally, the fiscal benefits of the center are allowing online customers to save money with their purchases of imported goods.
The Ministry of Commerce forecasts that cross-border e-commerce will be worth 6.5 trillion yuan in 2016, accounting for 20 percent of the country's total foreign trade.
The company is planning to rope in more high-end manufacturers to boost the overall image of its online marketplace.
These sections have an annual transportation capacity of 80 billion cubic meters, accounting for 45 percent of China's natural gas consumption.
The metal has fallen 23 percent in the past year as a supply glut in China, which accounts for 40 percent of global output, overwhelms demand.
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