The national average for the cost of onshore wind power was about 7,000 yuan (,023) per kilowatts last year, while in some places the figure was even below 6,000 yuan. In addition, offshore wind power develops quickly with emerging new technologies, said Zheng.
The new rules are also in line with China's needs for economic transformation with promising "new economy" companies expected to gain more value. Those that do not fit with the country's high-quality development are expected to be weeded out, Xie said.
The new national audit office will be responsible for auditing the authenticity, legality and efficiency of the fiscal revenue and expenditure of the country as well as other entities under the office's supervision.
The new models will cater to customers by providing safer and more environmentally-friendly mobility solutions, Dong noted.
The new free port within the China (Shanghai) Pilot Free Trade Zone would place emphasis on the development of offshore trade and finance, according to China Securities Journal.
The new law is supportive for building confidence that international investors in China will have more opportunities to have stakes in the businesses that they can influence directly and that they can have greater confidence with generating profits. The direction is extremely important.
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The new energy branch of CNOOC is a shareholder in Potevio New Energy Co Ltd, one of the oldest and most successful players in China's charging market, he added.
The net interest margin (NIM) of the bank dropped by five basis points in the first half to 1.83 percent, compared with the same period of last year. This was mainly due to an increase in deposit costs.
The newly revised duty-free policy for Hainan Island has been warmly received by both local residents and tourists, with the tropical island's two duty free shopping centers greeting a big-margin increase in visitors on Dec 1, the first day the new rule became effective.
The national flags of US and DPRK. [Photo/VCG]