Oil stocks up as OPEC+ may cut output--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
As the main driver of global demand for industrial chemicals, China's green energy transition is expected to provide massive opportunities for major chemical corporations like SABIC, and the Saudi company vows to further facilitate China's transition toward sustainable development through an innovation-driven strategy, said a senior company executive.
China is ramping up efforts on nuclear power station projects, with five projects－including two announced on Wednesday－powered by 10 nuclear reactors having been approved so far this year, a record number since 2011.
Australia's Amcor group vows to further step up investment in China to strengthen its market position in the country's packaging sector, bringing advanced packaging technology to China as well as the Asia-Pacific region, to further facilitate the country's carbon neutrality goals.
Energy efficiency is emerging as a burgeoning market with increasing investment opportunities as China pledged to accelerate the formation of a resource pricing mechanism during a recent meeting amid attempts to call for sustainably using resources while minimizing environmental impact.