While enjoying the benefits brought about by the multilateral trading system, China has become the largest contributor since its accession to the World Trade Organization (WTO) in 2001, said Yi Xiaozhun, former deputy director-general of the WTO on May 14.
China's decarbonization drive prompts strategic repositioning of companies
China's oil giants are planning to ramp up natural gas production and use more green, low-carbon methods to reach carbon neutrality, after their profits fell last year due to the COVID-19 pandemic and plummeting international oil prices.
Firms are buoyed by nation's energy transition, clear targets on emissions, carbon neutrality
Multinational corporations have said China's ambition of peaking its carbon emissions by 2030 and reaching carbon neutrality by 2060 will bring tremendous opportunities for their business development in China.