CHINA: Sharing benefits from carbon finance: lessons from the Guangxi CDM project
World Bank - March 8, 2010 - Carbon finance projects are often intended to be both a payment for an environmental service (PES) and an instrument to facilitate sustainable development in developing countries. This note shares lessons learned from the Guangzi CDM project. Get the report
World Bank Loans Ningbo $59M for Wastewater Treatment
In Beijing: Li Li (86-10) 5861-7850
WASHINGTON/BEIJING, February 25, 2010 – Yesterday the World Bank’s Board of Executive Directors approved a loan of $50 million to the People’s Republic of China to improve rural wastewater management and township infrastructure in Ningbo Municipality. In support of the municipality’s efforts, the Ningbo New Countryside Development Project will focus on improving rural waste water management in about 150 selected villages in Ningbo Municipality and enhancing infrastructure development in Chunhu Town of Fenghua City by financing construction of an access road, water supply networks, and wastewater collection and treatment facilities. In the meantime, the Bank will provide technical assistance to build local capacities. www.worldbank.org/china/results
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China doubles wind power capacity in one year
Somebody forgot to tell the Chinese there was a slowdown in renewable energy investment last year. China doubled its installed wind power generation capacity from 12 gigawatts (GW) to 25 GW in 2009.
The Global Wind Energy Council says China became the world's largest market for wind turbines last year. And moving forward, that isn't likely to slow down. The nation plans to expand its wind power generation capacity to 150 GW by 2020. DOE/Golden Field Office [PMCstakeholders@go.doe.gov]
By Mike Collins, Author, Saving American Manufacturing
Product Design & Development – Feb 25 - A new type of Trade Fair is coming to the Hyatt Regency Hotel in Irvine, CA on May 12, 2010.
Sponsored by the National Tooling and Machining Association and the Precision Metals Association, the Re-Shoring Fair is all about bringing back work that has been outsourced to foreign competitors. The 50 to 100 OEMs that are outsourcing machined components, stampings, special tooling, components and assemblies will meet American suppliers who want to bid on doing the work in the U.S. http://www.pddnet.com/column-mike-collins-re-shoring-bringing-manufacturing-back-to-american-suppliers-021610/?wnnvz=1750,01297611734
- Oxygen Separation Membranes Made in China
Chemical Engineering magazine - Feb., 2010 - Researchers from the Center for Membrane Technology, Beijing University of Technology (www.bjut.edu.cn) have developed a new spiral-wound membrane module for use in oxygen-enriched combustion. A pilot-scale system with five membrane modules has been built and tested in a 4-ton, oil-fired boiler.
Bloomberg Businessweek - Feb. 22, 2010 - Americans have tightened their belts, but folks elsewhere continue to eat and drink merrily-good news for the likes of McDonald's and Coca-Cola. On Feb. 9 the companies reported that while sales fell in North America during the most recent period, overall revenue was up, thanks to higher sales abroad. Reporting a 4% rise in operating income for the 4th quarter, Coke noted that it sold 1% fewer cases of soft drinks in the U.S. and Canada but 29% more in China. At McDonald's, January same-store sales slipped 07% in the U.S., but increased 4.3% in Europe and Asia/Pacific.
China International Business - Feb. 1, 2010 - Natural gas prices are hitting new highs, and pushing a modernization of the industry.
- Is it the Market or is It You
China International Business - Jan. 19, 2010 - In my job-market presentations to candidates pursuing or interested in pursuing jobs on the Chinese mainland, I always try to present a balanced view of China's evolving opportunities and employment market realities. And when assessing the career prospects for Chinese mainland professionals, there are two dramatically differing scenarios. www.cibmagazine.com.cn/Columnists/Larry_Wang
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Important VAT Notice for China-Based SME’s Over Tax Threshold Status
Asia Briefing - Feb 15 – The Chinese State Administration of Taxation has clarified the situation for small taxpayers whose annual turnover has exceeded the small taxpayer threshold. Issued on January 25, Guoshuihan [2010] No. 35 requests that local tax bureaus bring forward and recognize all small taxpayers whose income exceeds the threshold to general taxpayer status by June 30, 2010. The circular also recognizes that small taxpayers must also recognize the change to general taxpayer status despite the fact that they will be unable to issue VAT invoices until the SAT upgrades its system. This issue is key as small taxpayers (businesses with a turnover of less than RMB500,000 for production, RMB800,000 for wholesaling or retailing) can currently enjoy VAT rates of 3 percent against the normal 17 percent. www.asiabriefingmedia.com
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China melamine-tainted milk health threats assessed
By Rory Harrington
Food Production Daily - Feb 24 - Tens of thousands of Chinese children sickened by melamine-tainted milk showed signs of kidney damage months afterwards - with the potential for long-term harm a serious concern, said new research. Scientists from Peking University in Beijing reached their conclusion after examining ultrasound images of almost 8,000 children under the age of three living near the rural headquarters of Sanlu Group, the company at the centre of the 2008 scandal. http://www.foodproductiondaily.com/Quality-Safety/China-melamine-tainted-milk-health-threats-assessed