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Real-time News
On January 13, it was reported that personnel from the Taipei Representative Office in South Korea made the absurd claim at a seminar hosted by a South Korean opposition party member that "the One China recognized by the South Korean government is not necessarily the Peoples Republic of China." This statement is pure ignorance, violates universally recognized norms of international relations, and challenges South Koreas commitment to the One China principle made in the Joint Communiqué on the Establishment of Diplomatic Relations between China and South Korea. Both China and South Korea find such seriously erroneous remarks intolerable and resolutely oppose them. China firmly opposes any country developing official relations with Taiwan or conducting politically significant activities in any form. South Korean members of the National Assembly, as members of the legislature and representatives of the people, possess official status and significant political influence. We explicitly oppose South Korean members of the National Assembly engaging with Taiwan or inviting personnel from Taiwanese institutions to participate in their activities. Any political force attempting to play the "China card" for political gain will not succeed. We believe that the people of both China and South Korea will not accept any attempt to interfere with or undermine China-South Korea relations under the guise of the Taiwan issue.On January 13th, the Shenzhen Power Supply Bureau of China Southern Power Grid successfully completed the settlement of electricity fees for a pilot charging stations discharge to the grid. Mr. Li, a new energy vehicle owner, received approximately 15 yuan in revenue per transaction. A month ago, he discharged about 20 kWh of electricity to the grid during peak hours. This marks the first time that electricity fees for new energy vehicles discharging to the grid have been settled in Shenzhen. It is understood that Shenzhen is one of the first pilot cities in China for the large-scale application of vehicle-to-grid interaction. A relevant负责人 from the Shenzhen Power Supply Bureau of China Southern Power Grid explained that vehicle-to-grid interaction provides an innovative solution for Shenzhen to resolve the contradiction between the rapid growth of new energy vehicle ownership and the carrying capacity of the power distribution network. "Guiding new energy vehicles to charge during off-peak hours and discharge during peak hours through price signals helps to unleash the potential of new energy vehicles as mobile energy storage and alleviate power supply pressure in some areas," the负责人 said. He added that Shenzhen will continue to deepen its exploration of the large-scale application of vehicle-to-grid interaction to support the construction of a new power system.On January 13, the General Office of the Yunnan Provincial Committee of the Communist Party of China and the General Office of the Yunnan Provincial Peoples Government recently issued the "Action Plan for Accelerating the Construction of a Modern Industrial System and Promoting the Building of a Strong Industrial Province in Yunnan Province." The plan aims to promote the extension, supplementation, and strengthening of the non-ferrous metals industry chain, and to expand and strengthen the rare and precious metals industry, building a strong national advanced manufacturing cluster for rare and precious metals in central Yunnan. It will advance a new round of strategic action for breakthroughs in mineral exploration, promoting the exploration, development, and increased reserves and production of important mineral resources. It will leverage the scale and technological advantages of copper, tin, titanium, lead, and zinc smelting to promote the transformation of primary products towards deep processing. It will consolidate the advantages of basic materials such as platinum group metals, indium, germanium, and gallium, and improve the level of deep processing of rare and precious metals. It will extend the rare earth industry chain and promote the development of deep processing of rare earths. It will actively develop the recycled non-ferrous metals industry. By 2027, it strives to achieve an output of over 10 million tons of 10 non-ferrous metals, an output value of over 550 billion yuan for the non-ferrous metals industry, and a comprehensive output value of over 160 billion yuan for the rare and precious metals industry.BNY Mellon CEO: Pressure on the Federal Reserve could lead to higher interest rates.BNY Mellon CEO: The Trump administration’s pressure on the Federal Reserve has backfired.
