At present,with the steady development of the global economy,more and more countries begin to pay attention to the impact of ecological environment on economic development and human society,so the ecological environme...At present,with the steady development of the global economy,more and more countries begin to pay attention to the impact of ecological environment on economic development and human society,so the ecological environment has become a global issue that cannot be ignored in today’s era.Therefore,from the perspective of the ecological philosophy of Diversity&Harmony as well as Interaction&Co-existence,this paper will conduct ecological discourse analysis on the Energy in China’s New Era based on the transitivity system of systemic-functional grammar,and use the Corpus analysis software UAM Corpus Tool 3.3x to label and make statistics on the transitivity system,aiming to explore the distribution characteristics of the transitivity system in this white paper.Through the transitivity analysis of the white paper,this study helps readers to have a deeper understanding of the positive significance contained in the white paper.To a certain extent,it enables readers at home and abroad to understand China’s stance on energy issues and the positive image of China in energy ecology.It also awaken readers’awareness of environmental protection and acquire good habits of resource conservation to be in harmony between human and nature for sustainable development.展开更多
Under the dual pressures of energy crisis and environmental pollution,China’s new energy power industry has become a focal point for environmental management and requires greater investment.In this context,as a signi...Under the dual pressures of energy crisis and environmental pollution,China’s new energy power industry has become a focal point for environmental management and requires greater investment.In this context,as a significant input of investment projects,discount rate requires a well-calibrated evaluation because new energy power investment projects are highly capital intensive.The main objective of this paper is to evaluate the discount rate of China’s new energy power industry.First,we use Moving Average to correct the parameters of capital asset pricing model(CAPM)and weighted average cost of capital,which extends the literature on the avoidance of CAPM noise information problem.Second,we study the industry-level annual discount rates of mainly China’s new energy power industries,including hydropower,nuclear power,wind power,and photovoltaic power industries for the period of 2014-2019.The results show that discount rates in China’s new energy power industries evolved differently between the years of 2014-2019 with average annual discount rates being 7.56%,5.83%,5.60%,and 8.64%,for the hydropower,nuclear power,wind power,and photovoltaic power industries,respectively.In 2019,the four annual discount rates were highest for the photovoltaic power industry(8.66%),followed by hydropower(7.17%),wind power(5.72%),and nuclear power industry(5.26%).Forecasting to 2020 from the 2019 evaluation base period,the discount rates are 6.37%,5.00%,6.57%,and 9.05%for the photovoltaic power,hydropower,wind power,and nuclear power industries,respectively.Under the different capital structures,their forecasts for the photovoltaic power,hydropower,wind power,and nuclear power industries in 2020 are,respectively,within[4.35%,9.24%],[3.92%,7.10%],[4.58%,10.40%],[5.46%,14.81%].We also discussed more details on capital structure and forecast period of discount rates for China’s new energy power industries.Our analysis shows that it is necessary to establish a new energy power industry database and steadily promote the implementation of policies.展开更多
This paper analyses the present situation of new and renewable energy development in China’s rural and remote areas and gives the development objectives and tasks which could be fulfilled in the future. At last, it i...This paper analyses the present situation of new and renewable energy development in China’s rural and remote areas and gives the development objectives and tasks which could be fulfilled in the future. At last, it is summed up that exploiting new and renewable energy is the national key strategy for rural economic development.展开更多
I first came to China for work in 2012 and now is the chief technology officer of Ningde Contemporary Amperex Technology Co.,Limited(hereinafter referred to as CATL).During my more than seven years of working in China...I first came to China for work in 2012 and now is the chief technology officer of Ningde Contemporary Amperex Technology Co.,Limited(hereinafter referred to as CATL).During my more than seven years of working in China,I have personally experienced the rapid development of China’s new energy vehicles,and witnessed the whole process of growing up as a wellknown supplier of power batteries of CATL.展开更多
The People’s Bank of China promulgated andput in force days ago Regulation on Foreign Ex-change Accounts in China, according to which for-eign individuals or legal persons can open foreignexchange accounts to keep fo...The People’s Bank of China promulgated andput in force days ago Regulation on Foreign Ex-change Accounts in China, according to which for-eign individuals or legal persons can open foreignexchange accounts to keep foreign exchange fortrading B stock in China.As stipulated by the regulation, as to foreigncurrency stock accounts opened bydomestic insti-tutions with the income from issuing stocks, theirreceipt shall be income from issuing stocks anddisbursement shall be used for the purposes pro-vided for in the prospectus approved by securitiessupervising organs; as to foreign exchange ac-counts opened by foreign individuals or legal per-sons for trading B stocks in China.their receipt shallbe the income of trading stocks and foreign ex-change remitted or brought in from abroad, andtheir disbursement shall be used for buying andselling stocks.As provided in the regulation, for the purposeof opening B stock account to trade B stocks展开更多
Purpose–Under the dual pressure of resources and environment,many countries have focused on the role of railways in promoting low-carbon development of integrated transportation and of even the whole society.This pap...Purpose–Under the dual pressure of resources and environment,many countries have focused on the role of railways in promoting low-carbon development of integrated transportation and of even the whole society.This paper aims to provide a comprehensive study on methods to improve railway energy efficiency in other national railways and achievements made by China’s railways in the past practice,and then to propose ways in which in the future China’s railways could rationally select the path of improving energy efficiency regarding the needs of the nation’s ever-shifting development and carry out the re-engineering for mechanism innovation in energy conservation and emission reduction process.Design/methodology/approach–This paper first studies other national railways that have tried to promote the improvement of railway energy efficiency by the ways of technology,management and structural reconstruction to reduce energy consumption and carbon emissions.Among them,the effect of structural energy conservation and emission reduction has become more prominent.It has become the main energy conservation and emission reduction measure adopted by foreign railway sectors.The practice of energy conservation and emission reduction of railways in various countries has tended to shift from a technical level to a structural one.Findings–Key aspects in improving energy efficiency include re-optimization of energy structure,reinnovation of energy-saving technologies and optimization of transportation organization.Path selection includes continuing to promote electrified railway construction,increasing the use of new and renewable energy sources,and promoting the reform of railway transportation organizations.Originality/value–This paper provides further challenges and research directions in the proposed area and has referential value for the methodologies,approaches for practice in a Chinese context.To achieve the expected goals,relevant supporting policies and measures need to be formulated,including actively guiding integrated transportation toward railway-oriented development,promoting innovation in energy-saving and emission reduction mechanisms and strengthening policy incentives,focusing on improving the energy efficiency of railways through market behavior.At the same time,it is necessary to pay attention to new phenomena in the railway industry for track and analysis.展开更多
As a strategic emerging industry,the new energy vehicle industry has been a key industry in China in recent years and has great significance for China to realize industrial transformation and upgrading,and seize the c...As a strategic emerging industry,the new energy vehicle industry has been a key industry in China in recent years and has great significance for China to realize industrial transformation and upgrading,and seize the commanding heights of international competition.In particular,the industry has been vigorously boosted by the introduction of the subsidy policy in 2014 and has achieved faster development.Today,China’s new展开更多
According to the latest report of Pike Research,the demand for rare earth in the new energy technology field will break the mark of 12,000 tons to reach 12,920 tons in 2017 from about 9,000 tons in 2011,indicating rap...According to the latest report of Pike Research,the demand for rare earth in the new energy technology field will break the mark of 12,000 tons to reach 12,920 tons in 2017 from about 9,000 tons in 2011,indicating rapid development of China’s rare earth hydrogen storage material industry.展开更多
China Longyuan Power was listed on the main board of Hong Kong Stock Exchange in 2009.The successful listing proved the correctness and timeliness of China Guodian's strategy of "leading enterprises to transf...China Longyuan Power was listed on the main board of Hong Kong Stock Exchange in 2009.The successful listing proved the correctness and timeliness of China Guodian's strategy of "leading enterprises to transformation by exploring new energy resources energetically."展开更多
文摘At present,with the steady development of the global economy,more and more countries begin to pay attention to the impact of ecological environment on economic development and human society,so the ecological environment has become a global issue that cannot be ignored in today’s era.Therefore,from the perspective of the ecological philosophy of Diversity&Harmony as well as Interaction&Co-existence,this paper will conduct ecological discourse analysis on the Energy in China’s New Era based on the transitivity system of systemic-functional grammar,and use the Corpus analysis software UAM Corpus Tool 3.3x to label and make statistics on the transitivity system,aiming to explore the distribution characteristics of the transitivity system in this white paper.Through the transitivity analysis of the white paper,this study helps readers to have a deeper understanding of the positive significance contained in the white paper.To a certain extent,it enables readers at home and abroad to understand China’s stance on energy issues and the positive image of China in energy ecology.It also awaken readers’awareness of environmental protection and acquire good habits of resource conservation to be in harmony between human and nature for sustainable development.
文摘Under the dual pressures of energy crisis and environmental pollution,China’s new energy power industry has become a focal point for environmental management and requires greater investment.In this context,as a significant input of investment projects,discount rate requires a well-calibrated evaluation because new energy power investment projects are highly capital intensive.The main objective of this paper is to evaluate the discount rate of China’s new energy power industry.First,we use Moving Average to correct the parameters of capital asset pricing model(CAPM)and weighted average cost of capital,which extends the literature on the avoidance of CAPM noise information problem.Second,we study the industry-level annual discount rates of mainly China’s new energy power industries,including hydropower,nuclear power,wind power,and photovoltaic power industries for the period of 2014-2019.The results show that discount rates in China’s new energy power industries evolved differently between the years of 2014-2019 with average annual discount rates being 7.56%,5.83%,5.60%,and 8.64%,for the hydropower,nuclear power,wind power,and photovoltaic power industries,respectively.In 2019,the four annual discount rates were highest for the photovoltaic power industry(8.66%),followed by hydropower(7.17%),wind power(5.72%),and nuclear power industry(5.26%).Forecasting to 2020 from the 2019 evaluation base period,the discount rates are 6.37%,5.00%,6.57%,and 9.05%for the photovoltaic power,hydropower,wind power,and nuclear power industries,respectively.Under the different capital structures,their forecasts for the photovoltaic power,hydropower,wind power,and nuclear power industries in 2020 are,respectively,within[4.35%,9.24%],[3.92%,7.10%],[4.58%,10.40%],[5.46%,14.81%].We also discussed more details on capital structure and forecast period of discount rates for China’s new energy power industries.Our analysis shows that it is necessary to establish a new energy power industry database and steadily promote the implementation of policies.
文摘This paper analyses the present situation of new and renewable energy development in China’s rural and remote areas and gives the development objectives and tasks which could be fulfilled in the future. At last, it is summed up that exploiting new and renewable energy is the national key strategy for rural economic development.
文摘I first came to China for work in 2012 and now is the chief technology officer of Ningde Contemporary Amperex Technology Co.,Limited(hereinafter referred to as CATL).During my more than seven years of working in China,I have personally experienced the rapid development of China’s new energy vehicles,and witnessed the whole process of growing up as a wellknown supplier of power batteries of CATL.
文摘The People’s Bank of China promulgated andput in force days ago Regulation on Foreign Ex-change Accounts in China, according to which for-eign individuals or legal persons can open foreignexchange accounts to keep foreign exchange fortrading B stock in China.As stipulated by the regulation, as to foreigncurrency stock accounts opened bydomestic insti-tutions with the income from issuing stocks, theirreceipt shall be income from issuing stocks anddisbursement shall be used for the purposes pro-vided for in the prospectus approved by securitiessupervising organs; as to foreign exchange ac-counts opened by foreign individuals or legal per-sons for trading B stocks in China.their receipt shallbe the income of trading stocks and foreign ex-change remitted or brought in from abroad, andtheir disbursement shall be used for buying andselling stocks.As provided in the regulation, for the purposeof opening B stock account to trade B stocks
文摘Purpose–Under the dual pressure of resources and environment,many countries have focused on the role of railways in promoting low-carbon development of integrated transportation and of even the whole society.This paper aims to provide a comprehensive study on methods to improve railway energy efficiency in other national railways and achievements made by China’s railways in the past practice,and then to propose ways in which in the future China’s railways could rationally select the path of improving energy efficiency regarding the needs of the nation’s ever-shifting development and carry out the re-engineering for mechanism innovation in energy conservation and emission reduction process.Design/methodology/approach–This paper first studies other national railways that have tried to promote the improvement of railway energy efficiency by the ways of technology,management and structural reconstruction to reduce energy consumption and carbon emissions.Among them,the effect of structural energy conservation and emission reduction has become more prominent.It has become the main energy conservation and emission reduction measure adopted by foreign railway sectors.The practice of energy conservation and emission reduction of railways in various countries has tended to shift from a technical level to a structural one.Findings–Key aspects in improving energy efficiency include re-optimization of energy structure,reinnovation of energy-saving technologies and optimization of transportation organization.Path selection includes continuing to promote electrified railway construction,increasing the use of new and renewable energy sources,and promoting the reform of railway transportation organizations.Originality/value–This paper provides further challenges and research directions in the proposed area and has referential value for the methodologies,approaches for practice in a Chinese context.To achieve the expected goals,relevant supporting policies and measures need to be formulated,including actively guiding integrated transportation toward railway-oriented development,promoting innovation in energy-saving and emission reduction mechanisms and strengthening policy incentives,focusing on improving the energy efficiency of railways through market behavior.At the same time,it is necessary to pay attention to new phenomena in the railway industry for track and analysis.
文摘As a strategic emerging industry,the new energy vehicle industry has been a key industry in China in recent years and has great significance for China to realize industrial transformation and upgrading,and seize the commanding heights of international competition.In particular,the industry has been vigorously boosted by the introduction of the subsidy policy in 2014 and has achieved faster development.Today,China’s new
文摘According to the latest report of Pike Research,the demand for rare earth in the new energy technology field will break the mark of 12,000 tons to reach 12,920 tons in 2017 from about 9,000 tons in 2011,indicating rapid development of China’s rare earth hydrogen storage material industry.
文摘China Longyuan Power was listed on the main board of Hong Kong Stock Exchange in 2009.The successful listing proved the correctness and timeliness of China Guodian's strategy of "leading enterprises to transformation by exploring new energy resources energetically."
