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每日新闻播报(November 10)

chinadaily.com.cn 2021-11-10 17:29

A logistic man works at Changsha north railway station in Changsha, Central China's Hunan province on May 22, 2021. [Photo/Xinhua]

>Foreign trade up in first 10 months

China's total imports and exports expanded 22.2 percent year-on-year to 31.67 trillion yuan in the first 10 months of 2021, official data showed Sunday. The figure marked an increase of 23.4 percent from pre-epidemic levels in 2019, according to the General Administration of Customs.

Both exports and imports continued double-digit growth in the first 10 months of the year, surging 22.5 and 21.8 percent from a year earlier, respectively.

In October alone, the country's imports and exports rose 17.8 percent year-on-year, but 5.6 percent slower than September.


A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. [Photo/China News Service]


>Lending tool for carbon reduction debuts

The People's Bank of China, the nation's central bank, said on Monday it has rolled out a supporting tool for carbon reduction.

The bank will provide low-cost loans to financial institutions through the carbon reduction supporting tool, and will guide those institutions to provide loans to firms in key carbon-reduction fields on the premise of independent decision-making and risk-taking.

The interest rates provided by financial institutions should be basically in line with the benchmark lending rates, or the loan prime rates, it said.

The PBOC will adopt a "system for direct funds," which means financial institutions could apply for low-cost funding from the central bank after loans for carbon reductions are made.

The PBOC will provide 60 percent of the loan principal made by financial institutions for carbon emission cuts, with a one-year lending rate of 1.75 percent.

The central bank also requires those financial institutions to publicly disclose information on carbon-reduction loans and the emission cuts financed by such loans.


Aerial photo shows technicians of State Grid Zhejiang Electric Power Company checking power transmission lines to make sure the stable operation of local power supply in Zhoushan, east China's Zhejiang Province, Oct 23, 2020. [Photo/Xinhua]


>China's power supply back to normal

The State Grid Corporation of China on Sunday said the supply and demand of power in areas operated by the company have returned to normal. The thermal coal inventory in the company's operating area has rebounded to 99.32 million tons, while the available days of consumption have risen to 20, the company said. The scale of power curbs and the electricity gap have been significantly reduced, it said, adding as of Saturday, the power supply to some factories with high energy consumption and high pollution in certain provinces was still limited. The grid will face an "overall tight balance of power with gaps in partial areas" this winter and coming spring as the country faces a power consumption peak and a drought season for hydroelectric power.

State Grid will increase and stabilize the power supply by tapping the potential of all kinds of resources while closely tracking thermal coal and gas supply and coordinating power transmission across different regions to ensure safety of the grid, said Meng Haijun, spokesperson with the State Grid. The company will strive to ensure power supply for households, public services and key customers, Meng said.


People wearing face masks walk on a street in London, Britain, on Oct 23, 2021. [Photo/Xinhua]


>Global COVID-19 cases hit 250M

Global COVID-19 cases surpassed 250 million on Monday.

Infections are still rising in 55 out of 240 countries, with Russia, Ukraine and Greece at or near record levels of reported cases since the pandemic started.

The daily average number of cases has fallen by 36 percent over the past three months, but the virus is still infecting 50 million people worldwide every 90 days due to the highly transmissible Delta variant.

More than half of all new infections reported worldwide were from countries in Europe, with a million new infections about every four days.

More than half the world's population has yet to receive a single dose of a COVID-19 vaccine, a figure that drops to less than 5 percent in low-income countries.


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