• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
February 11th - The national-level overseas comprehensive service platform was officially launched on February 11th. This is an important measure to implement the spirit of the Fourth Plenary Session of the 20th CPC Central Committee and improve the overseas comprehensive service system. The platform integrates service resources from numerous fields, including law, finance and taxation, foreign affairs, trade and economy, logistics, customs, and trade promotion. It connects various entities such as relevant departments, industry organizations, service agencies, embassies and consulates abroad, and over 100 foreign investment promotion agencies. With over 260 sections and links to 37 sub-platforms, it provides "one-stop" public services to 52,000 overseas enterprises, hundreds of thousands of foreign trade enterprises, and thousands of overseas contracting and labor cooperation enterprises.Reserve Bank of Australia Deputy Governor Hauser: A stronger Australian dollar helps tighten financial conditions.February 11th - Recently, the "Shanghai 15th Five-Year Plan for Accelerating the Construction of an International Shipping Center (Draft for Public Comment)" was released for public comment. The plan outlines full support for Shanghais development into a socialist modern international metropolis with global influence. By 2030, Shanghai aims to become a leading international shipping center globally, boasting advanced hub capabilities, high-quality and convenient modern shipping services, exemplary smart and low-carbon shipping practices, a resilient and robust shipping governance system, and significantly enhanced global shipping resource allocation capabilities. The plan further solidifies Shanghais status as a world-class shipping hub. It includes building a leading-edge, high-quality international container hub, leveraging its core leading role in the Yangtze River Delta world-class port cluster, with an annual container throughput of approximately 58 million TEUs. It also aims to consolidate Shanghais position as my countrys premier international aviation hub, essentially establishing it as a leading aviation hub in the Asia-Pacific region, with Shanghais two airports handling 150 million passengers and approximately 4.7 million tons of cargo annually.Reserve Bank of Australia Deputy Governor Hauser: The risk is that high inflation may persist, and necessary measures will be taken to bring inflation back to the target range.Reserve Bank of Australia Deputy Governor Hauser: Some inflation will subside, but some inflation appears to stem from supply constraints.

Plastic Consumption Is Projected to Nearly Double by 2050, According to Studies

Haiden Holmes

Feb 27, 2023 14:08

微信截图_20230227135413.png


According to research published on Monday, plastic consumption in G20 nations is on track to nearly double by the middle of the 21st century unless a comprehensive and legally binding global treaty to reduce consumption is drafted.


According to Back to Blue, a research group operated by the Economist Impact think-tank and the Nippon Foundation, existing initiatives to increase recycling or reduce single-use plastic consumption have "barely scratched the surface" and a more comprehensive global plan is required.


In Uruguay, the United Nations began negotiations on an agreement to combat plastic pollution in November, with the goal of drafting a legally binding treaty by the end of the following year. 175 countries have joined up for the negotiations.


Nonetheless, if negotiations fail, annual plastic production in G20 nations could reach 451 million tonnes by 2050 based on current development rates, according to Back to Blue - an increase of nearly 75 percent from 2019.


The research group stated, "There should be no illusions that the treaty negotiations will be anything but difficult and treacherous." "The likelihood of failure is high, both in terms of no treaty emerging and a treaty that is insufficient to reverse the plastic tide."


It called for a stricter ban on single-use plastic, as well as increased production taxes and mandatory programs to hold companies accountable for the entire lifecycle of their products, including recycling and disposal.


Back to Blue stated that the combined measures could limit annual consumption to 325 million tonnes by 2050, but that would still be a 25 percent increase from 2019 and the equivalent of 238 million garbage vehicles.


Brazil, the United States, Indonesia, and Turkey are among the G20 countries that have yet to introduce national prohibitions on single-use plastic products, according to the report.