World's first 300-megawatt compressed air energy storage project to be put into commercial operation soon: political advisor

The world's first 300-megawatt compressed air energy storage project in Yingcheng, Central China's Hubei Province, will be put into commercial operation soon, Song Hailiang, a member of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) and the Secretary of the Party Committee and Chairman of China Energy Engineering Corporation Limited (CEEC), told […]

Splendid Chinese New Year celebrated around the world, embracing happiness and good fortune

In the past week, a wave of jubilation has swept across the globe, marking the commencement of "Happy Spring Festival" activities in different cities around the world. With the vibrant hue of "Chinese Red" illuminating celebrations, the world has come together to share in the festive joy of the Chinese New Year, showcasing the rich […]

US, UK militaries owe $111bln in climate compensation, continue expanding toxic footprint worldwide: study shows

"It is idiotic to waste our dwindling carbon budget on war," researchers from the US and the UK warned in a recent report revealing that the US and the UK militaries owe huge sums in climate compensation as they continue to involve themselves in wars and conflicts globally. Such conflicts are accompanied by widening carbon […]

2023 Yearender: Chinese modernization emphasizes balanced education to elevate learners in remote areas on the international stage

Editor's Note: The end of the year and the start of a new one is a time for reflection and anticipation. Throughout 2023, the Chinese society has undergone various developments and changes, behind which manifests the exploration and practice of the Chinese path to modernization. In light of this, the Global Times is launching a […]

Xinjiang becomes bridgehead in westward opening-up, embraces boundless development opportunities

"Xinjiang is a wonderful land!" This was the feeling shared by every Shanghai Cooperation Organisation (SCO) Forum "Year of Tourism 2023" participant. It not only marks the first tourism-themed forum to be held by the SCO, but also the first time the Xinjiang regional government has served as a co-organizer of such a large-scale international […]

Diverse, humane, and vibrant boarding schools provide children with quality education, safe environment: senior official of Xizang

Boarding schools have elevated the accessibility of education, meeting the people's demand for quality educational resources to the greatest extent and offering an excellent environment for children, especially those in remote areas, to learn and grow, a senior official from Southwest China's Xizang Autonomous Region said on Friday. Boarding education in China is fundamentally different […]

China’s financial regulator pledges tough regulation with ‘teeth and thorns’ to prevent systemic risks

The National Financial Regulatory Administration (NFRA) will resolutely follow the spirit of the Central Financial Work Conference, Central Economic Work Conference and the recent two sessions, and carry out regulation using both "teeth and thorns" to ensure that no systemic risks arise, Li Yunze, head of the administration, said on Friday. The NFRA is committed […]

China-proposed Belt and Road Initiative maintains firm anti-corruption stance despite Western smears

China's firm pushing against corruption and ensuring the transparency in the joint construction of China-proposed Belt and Road Initiative (BRI) has been the long-standing and ongoing efforts since the very beginning, with a range of active measures ranging from supervision mechanism for participating enterprises overseas to corresponding standards and regulations to guide the projects, Chinese […]

Listed companies in China strengthen share buybacks in a move to stabilize capital market

China's A-share public companies have increased stock buybacks in an effort to shore up returns for their shareholders amid regulatory calls to protect broad investors and promote stability in the market. On Sunday, up to 20 listed companies announced plans to buy back their shares, setting a new record in terms of the number of […]