Tag #Economic Development

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elpais.com

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Jan 28, 07:10

Mexico to Build 1 Million Low-Cost Homes

Mexico launched the "Vivienda para el Bienestar" program, aiming to build 1 million low-cost homes in six years, starting with 37,500 units in Baja California Sur, with a 600 billion peso investment, prioritizing low-income families and vulnerable groups.

Mexico to Build 1 Million Low-Cost Homes

Mexico launched the "Vivienda para el Bienestar" program, aiming to build 1 million low-cost homes in six years, starting with 37,500 units in Baja California Sur, with a 600 billion peso investment, prioritizing low-income families and vulnerable groups.

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How will the program address the needs of vulnerable populations, and what mechanisms are in place to ensure equitable distribution of housing?

The program prioritizes those in high-risk, marginalized areas with incomes up to 17,000 pesos. Distribution targets 325,000 homes in the south, 239,400 in central Mexico, 228,800 in the north-central region, and 206,800 in the north. 25,000 homes will be for non-Infonavit members, with 5,000 designated as rental units for young people.

dw.com

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Jan 28, 16:13

Kyrgyzstan to Raise Electricity Prices Amid Hydropower Project Funding Shortfalls

Kyrgyzstan's government announced a May 1, 2025 electricity price increase of 26 tyyn per kWh for households and 31 tyyn for businesses, citing the need to cover production costs and inflation, despite a recent public relations tour showcasing large-scale hydroelectric projects under development and...

Kyrgyzstan to Raise Electricity Prices Amid Hydropower Project Funding Shortfalls

Kyrgyzstan's government announced a May 1, 2025 electricity price increase of 26 tyyn per kWh for households and 31 tyyn for businesses, citing the need to cover production costs and inflation, despite a recent public relations tour showcasing large-scale hydroelectric projects under development and...

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Affordable and Clean Energy

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What are the immediate consequences of Kyrgyzstan's planned electricity price increase on households and businesses?

On May 1, 2025, Kyrgyzstan will raise electricity prices by 26 tyyn (about $0.30) per kilowatt-hour for households and 31 tyyn for businesses. This increase, explained by the Ministry of Energy as necessary to cover production costs and align with inflation, follows years of below-cost tariffs.", "The government organized a January 21, 2025 tour of hydroelectric power stations to address public concerns about rising prices, showcasing projects like Kambarta-2 (with planned 360 MW capacity) and the large-scale Kambarta-1 (1860 MW), which is receiving funding from international banks but also faces significant funding shortfalls.", "Despite government claims of low electricity prices compared to neighboring countries, experts warn that continued price hikes will hinder economic growth, and that without alternative solutions, the cost of financing large-scale projects may outweigh economic benefits.

usa.chinadaily.com.cn

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Jan 27, 04:06

China's Manufacturing Rise and WTO Reform Challenges

Hexagon AB, a Swedish company, now produces 90 percent of its coordinate measuring machines in China, highlighting China's manufacturing growth and its integration into global supply chains; this success is linked to China's WTO membership since 2001, which has driven its economic growth and poverty...

China's Manufacturing Rise and WTO Reform Challenges

Hexagon AB, a Swedish company, now produces 90 percent of its coordinate measuring machines in China, highlighting China's manufacturing growth and its integration into global supply chains; this success is linked to China's WTO membership since 2001, which has driven its economic growth and poverty...

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No Poverty

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How has China's WTO membership contributed to its economic growth and poverty reduction, and what role has trade played in this process?

China's economic rise, exemplified by Hexagon AB's manufacturing shift, is intrinsically linked to its WTO membership. Since 2001, China's trade integration has lifted 800 million from poverty and fueled its economic growth, illustrating the WTO's impact on developing economies.

europe.chinadaily.com.cn

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Jan 26, 07:07

China's New Energy Storage Capacity Surges 130% in 2024

By the end of 2024, China's installed new energy storage capacity reached 73.76 million kilowatts, a 130 percent increase from 2023, driven by renewable energy integration and government support for its dual-carbon goals; the top five regions are Inner Mongolia, Xinjiang, Shandong, Jiangsu, and Ning...

China's New Energy Storage Capacity Surges 130% in 2024

By the end of 2024, China's installed new energy storage capacity reached 73.76 million kilowatts, a 130 percent increase from 2023, driven by renewable energy integration and government support for its dual-carbon goals; the top five regions are Inner Mongolia, Xinjiang, Shandong, Jiangsu, and Ning...

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Affordable and Clean Energy

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How is the geographical distribution of new energy storage capacity in China influencing regional development and energy security?

The expansion is geographically concentrated, with North China leading at 30.1 percent of the national total, followed by Northwest (25.4 percent) and East (16.9 percent). Large-scale projects (100,000 kilowatts or more) now account for 62.3 percent of the total installed capacity, reflecting a trend toward centralization. This growth is fueled by government policies supporting the dual-carbon goals and renewable energy development.

chinadaily.com.cn

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Jan 25, 04:08

Lhasa Imports Fair Showcases Xizang's Growing Trade Ties

An imported goods fair opened in Lhasa, Tibet on January 23, featuring products from Russia, Thailand, Nepal, Pakistan, and Afghanistan, aiming to meet local Lunar New Year shopping demands; 62 foreign merchants participate, showcasing the region's growing economic ties with South Asia.

Lhasa Imports Fair Showcases Xizang's Growing Trade Ties

An imported goods fair opened in Lhasa, Tibet on January 23, featuring products from Russia, Thailand, Nepal, Pakistan, and Afghanistan, aiming to meet local Lunar New Year shopping demands; 62 foreign merchants participate, showcasing the region's growing economic ties with South Asia.

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How does this fair reflect Xizang's expanding economic relationships with its neighboring countries?

This fair, held eight times in Xizang in recent years, reflects the region's growing economic engagement with South Asia. The increased participation of merchants from Pakistan and Afghanistan this year signals expanding trade connections. The event's success underscores the Lhasa commerce bureau's efforts in facilitating international trade.

french.china.org.cn

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Jan 24, 13:12

China Prioritizes Infrastructure Upgrades for Belt and Road Initiative in 2025

In 2025, multiple Chinese provinces and municipalities prioritized infrastructure upgrades for the Belt and Road Initiative (BRI), including expanding the New International Land-Sea Trade Corridor, enhancing rail links, and developing key freight hubs, aiming to boost connectivity and international ...

China Prioritizes Infrastructure Upgrades for Belt and Road Initiative in 2025

In 2025, multiple Chinese provinces and municipalities prioritized infrastructure upgrades for the Belt and Road Initiative (BRI), including expanding the New International Land-Sea Trade Corridor, enhancing rail links, and developing key freight hubs, aiming to boost connectivity and international ...

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Industry, Innovation, and Infrastructure

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What are the long-term implications of the BRI's emphasis on shared development and its impact on global economic partnerships?

The BRI's success hinges on shared development, exemplified by projects like Guangxi's Pinglu Canal (17 billion yuan investment, completion in 2026), boosting transport efficiency and connecting southwest China to ASEAN markets. This focus on improving quality of life in partner countries reflects a broader goal of promoting a community with a shared future for mankind.

bbc.com

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Jan 28, 10:06

£45m Boost for Northern Ireland Councils to Spur Regional Economic Growth

Northern Ireland's councils will receive a £45 million funding boost over three years for local economic development, part of a wider Stormont strategy to address regional economic imbalances, improve worker rights, and reduce greenhouse gas emissions, with Economy Minister Conor Murphy's leadership...

£45m Boost for Northern Ireland Councils to Spur Regional Economic Growth

Northern Ireland's councils will receive a £45 million funding boost over three years for local economic development, part of a wider Stormont strategy to address regional economic imbalances, improve worker rights, and reduce greenhouse gas emissions, with Economy Minister Conor Murphy's leadership...

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Decent Work and Economic Growth

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How does the funding initiative relate to the broader Stormont economic strategy, and what are its specific goals?

The £45 million investment is a component of a wider plan to address regional economic imbalances in Northern Ireland, prioritizing areas outside Belfast. This involves reforming Invest NI and leveraging the remote work capabilities of tech firms to attract investment beyond Belfast. The initiative also includes worker rights legislation, intended to improve job quality.

europe.chinadaily.com.cn

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Jan 27, 04:06

Hexagon's China Success Shows WTO's Impact

Hexagon AB, a Swedish company, now manufactures 90 percent of its coordinate measuring machines in China, its largest global production facility, highlighting the success of foreign investment in China and its integration into global supply chains, while the World Trade Organization (WTO) played a s...

Hexagon's China Success Shows WTO's Impact

Hexagon AB, a Swedish company, now manufactures 90 percent of its coordinate measuring machines in China, its largest global production facility, highlighting the success of foreign investment in China and its integration into global supply chains, while the World Trade Organization (WTO) played a s...

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How has the World Trade Organization (WTO) contributed to the economic growth of China and other developing economies since its inception?

The growth of Hexagon AB's Chinese operations exemplifies how global trade and investment have driven economic growth in host countries. The World Trade Organization (WTO), established in 1995, played a significant role in this process, facilitating trade growth, dispute resolution, and integration of developing economies. This is evident in China's economic rise since joining the WTO in 2001, lifting 800 million people out of poverty.

africa.chinadaily.com.cn

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Jan 26, 07:07

China's New Energy Storage Capacity Surges 130% in 2024

China's new energy storage installed capacity reached 73.76 million kilowatts by the end of 2024, a 130 percent increase from 2023, driven by renewable energy growth and supported by government investment exceeding 200 billion yuan since 2021.

China's New Energy Storage Capacity Surges 130% in 2024

China's new energy storage installed capacity reached 73.76 million kilowatts by the end of 2024, a 130 percent increase from 2023, driven by renewable energy growth and supported by government investment exceeding 200 billion yuan since 2021.

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Affordable and Clean Energy

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How is the geographical distribution of new energy storage capacity in China influencing regional development and energy security?

The expansion is geographically concentrated, with North China leading at 30.1 percent of the national total, followed by Northwest (25.4 percent) and East (16.9 percent). Larger-scale projects (100,000+ kilowatts) now account for 62.3 percent of total capacity, indicating a trend towards centralization.

china.org.cn

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Jan 25, 19:09

Zambia Breaks Ground on $340 Million Phosphate Plant

A $340 million phosphate processing plant, a joint venture between China's Sino Great Group and Zambia's Wonderful Group, broke ground in Chilanga, Zambia on January 25, 2024, aiming to transform phosphate resources into high-value products, create 10,500 jobs, and reduce fertilizer import dependenc...

Zambia Breaks Ground on $340 Million Phosphate Plant

A $340 million phosphate processing plant, a joint venture between China's Sino Great Group and Zambia's Wonderful Group, broke ground in Chilanga, Zambia on January 25, 2024, aiming to transform phosphate resources into high-value products, create 10,500 jobs, and reduce fertilizer import dependenc...

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What are the immediate economic and social impacts of the new phosphate processing plant in Zambia?

A groundbreaking ceremony in Zambia marks the start of a $340 million phosphate processing plant, a joint venture between Chinese and Zambian companies. The plant, within a 1,000-hectare industrial park, will produce fertilizers and other goods, creating thousands of jobs and reducing Zambia's reliance on fertilizer imports. This significantly boosts Zambia's agricultural sector and industrialization.

dw.com

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Jan 24, 13:12

German Housing Crisis Hampers Economic Growth

Germany faces a critical labor shortage exacerbated by a severe housing crisis, forcing companies like Munich's Stadtwerke to recruit internationally and even build their own housing to attract employees, highlighting a systemic economic challenge.

German Housing Crisis Hampers Economic Growth

Germany faces a critical labor shortage exacerbated by a severe housing crisis, forcing companies like Munich's Stadtwerke to recruit internationally and even build their own housing to attract employees, highlighting a systemic economic challenge.

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How are German companies responding to the housing crisis to attract and retain employees?

The German housing crisis is significantly impacting businesses' ability to attract and retain qualified workers, particularly in lower-paying sectors. A PwC survey shows four out of five German companies see housing as a major hurdle in recruitment. This shortage is not only affecting local talent but also impeding foreign investment, as housing is a top concern for international companies considering relocation to Germany.

europe.chinadaily.com.cn

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Jan 24, 04:08

China Reports Significant Environmental Improvements in 2024

In 2024, China reduced its PM2.5 levels by 2.7 percent, improved air quality to 87.2 percent "fairly good" days, and raised surface water quality to 90.4 percent "fairly good", exceeding 90 percent for the first time, largely due to initiatives like coal heating replacement and industrial upgrades.

China Reports Significant Environmental Improvements in 2024

In 2024, China reduced its PM2.5 levels by 2.7 percent, improved air quality to 87.2 percent "fairly good" days, and raised surface water quality to 90.4 percent "fairly good", exceeding 90 percent for the first time, largely due to initiatives like coal heating replacement and industrial upgrades.

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Clean Water and Sanitation

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How did the reduction in coal usage and industrial upgrades contribute to the improved air and water quality in China?

The progress reflects China's ongoing "Beautiful China" initiative, aiming for ecological civilization. The improvements in air and water quality—87.2 percent of days with "fairly good" air quality and 90.4 percent of surface water of fairly good quality—demonstrate significant strides toward environmental sustainability.

Showing 433 to 444 of 682 results