Asia News Network

UN rulebook for carbon trading leaves corporate woes unsolved

Voluntary carbon markets are on track to exceed US$1 billion in trades for the first time in 2021.

Overall, the World Bank said the loan is expected to provide approximately 27 million vaccine doses.

The report also highlighted the importance of "rebalancing" in China's economy, during a process from recovery to high-quality growth.

The full implementation of the RCEP agreement will bring zero-tariff treatment to nearly 30 percent of Chinese exports.

Affected commodities include rice, corn, high value crops and fisheries.

China's courier sector this year set a new record by handling more than 100 billion parcels as of Dec 8, 2021.

Efforts will also be made to improve the efficiency of services for SMEs and upgrade services with digital technologies.

Experts warned of rising uncertainties and risks both domestically and externally.

Semiconductors and displays are the foundation of modern electronics driving the next phase of digital transformation under Industry 4.0.

Economists expect Beijing to keep to its tight "Three Red Lines" policy on financing in the coming year, despite the dampening effects.