Hangzhou to host G20 China will host the 2016 Group of 20 (G20) summit in the eastern city of Hangzhou, best-known for its scenic West Lake, on September 4-5, President Xi Jinping announced on November 16. Its theme will be “Building an innovative, invigorated*, interconnected* and inclusive* world economy,” Xi said while addressing a working lunch during the just-concluded 10th G20 summit in Turkish resort city Antalya. Emissions trading market China is striving to launch a nationwide carbon emissions trading market in 2017 to fulfill the country’s commitment* to a low carbon future, said a senior official on Thursday. China will establish a nationwide carbon emissions trading market at a faster pace following smooth operation of seven pilot programs across the country, Xie Zhenhua, China’s special representative on climate change, told a press conference. Transactions of the seven pilots totaled about 1.2 billion yuan (US$188.9 million), involving gas emission quotas of 40.24 million tons, according to an annual report released on Thursday. Loans for Southeast Asia China is offering US$10 billion in infrastructure* loans to Southeast Asian countries, a senior official said on Sunday. The world’s second-largest economy will also provide aid worth 3.6 billion yuan (US$560 million) to underdeveloped states within the Association of Southeast Asian Nations (ASEAN) in 2016, Vice Foreign Minister Liu Zhenmin told a news conference during the annual East Asia Summit. Liu did not say which bank would provide the loans. ASEAN consists of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. Xi condemns Mali attack Chinese President Xi Jinping on Saturday condemned the attack at a Mali hotel where 27 people, including three Chinese citizens, were killed in a hostage* situation. Xi vowed that China would strengthen international anti-terrorism* cooperation and demanded all relevant Chinese departments strengthen measures to safeguard Chinese nationals overseas. (SD-Agencies) |