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On August 29, during a visit to Kyrgyzstan on August 28 by a delegation of Chinese entrepreneurs organized by the China Council for the Promotion of International Trade (CCPIT), the China-Kyrgyzstan Business and Investment Forum was held in Bishkek, the capital of Kyrgyzstan. Ren Hongbin, Chairman of the CCPIT, stated that the CCPITs organization of this visit, involving over 100 entrepreneurs and the holding of the forum, aims to implement the important consensus reached by the two heads of state and promote more practical results in cooperation between Chinese and Kyrgyz enterprises. The CCPIT is willing to actively play its role as a bridge and link, organizing more targeted trade promotion activities to support enterprises from both sides in creating new growth points in service trade, digital trade, and cross-border e-commerce, and expanding new spaces for trade cooperation; to make good use of the China International Supply Chain Promotion Expo platform, inviting more Kyrgyz enterprises and institutions to participate, continuously strengthening precise matching of production and supply chains, and stimulating new momentum for supply chain cooperation; and to deepen cooperation with Kyrgyz counterparts within the framework of mechanisms such as the China-Central Asia Business Council, amplifying the functions of multilateral and bilateral business cooperation mechanisms, and contributing to the high-quality joint construction of the Belt and Road Initiative.August 29th - After a night of intense gun battles, Niamey, the capital of Niger, briefly returned to calm around 7:00 AM local time on August 29th. However, gunfire resumed after 9:00 AM, escalating the security situation in the capital and plunging local residents into panic. The armed standoff in Niamey continues, and the situation in the capital remains uncontrolled. Since the early hours of August 29th, continuous gunfire and explosions have been reported in multiple areas of Niamey.According to an AFP report citing a Nigerien security source, the Republican Guard clashed with rebels near the Palace of the Republic, and the conflict is ongoing.August 29th - According to the Tianjin Gas Storage Branch of Dagang Oilfield, as of now, the cumulative gas injection volume of the Dagang Oilfield gas storage group in this injection cycle has exceeded 2 billion cubic meters, completing 90% of the overall gas injection plan, an increase of 8% compared to the same period last year. The gas injection volume of this cycle has once again broken the historical record, providing sufficient "confidence" for the winter natural gas supply in the Beijing-Tianjin-Hebei region.On August 29th, the Nanjing Housing Provident Fund Management Center announced that, in order to better leverage the role of the housing provident fund system and further meet the cross-regional housing consumption needs of homebuyers, the scope of inter-city housing provident fund loans has been expanded to the entire country. Housing provident fund contributors nationwide can apply for housing provident fund loans from the Nanjing Housing Provident Fund Management Center when purchasing a home in Nanjing. This notice will take effect on September 1, 2026.

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

Haiden Holmes

Feb 27, 2023 14:08

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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.