Chinese authorities recently summoned key polysilicon producers to meetings, in a bid to avoid price gouging and promote the overall healthy development of the domestic photovoltaic (PV) industry.
A move that allows foreign banks to tap into a central government facility for green finance will lift the standards of Chinese sustainable finance and broaden funding channels, according to a senior banker.
An L9 sport utility vehicle (SUV) made by Chinese smart electric vehicle (EV) maker Li Auto ran off the road and collided with safety barriers during a test drive this week, in a potential setback for the Beijing-based carmaker. No deaths or injuries were caused during the incident, which took place in Ningbo, in China’s eastern Zhejiang province, on Monday,.