Early Reading | The total installed capacity of renewable energy generation in China has exceeded 1.3 billion kilowatts | Energy | China

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The total installed capacity of renewable energy generation in China has exceeded 1.3 billion kilowatts

※ National Energy Administration recently released data showing that as of the end of June this year, my country's total installed capacity of renewable energy power generation exceeded 1.3 billion kilowatts, reaching 1.322 billion kilowatts, accounting for about 48.8 percent of my country's total installed capacity.

Among them, the installed capacity of hydropower is 418 million kilowatts, wind power is 390 million kilowatts, solar power is 471 million kilowatts, and biomass power is 43 million kilowatts.

The relevant person in charge of the National Energy Administration stated that renewable energy has further strengthened its position as the main body of newly installed power generation in China, and its role in ensuring energy supply and promoting clean and low-carbon transformation is becoming increasingly prominent.

§Shencheng

●Yesterday, the volunteer expedition ceremony of the 2023 Shanghai University Student Volunteer Service Western Program was held at the Shanghai Jiaotong University School of Medicine. The volunteers took a collective oath.

Yesterday, the Shanghai Municipal Bureau of Statistics released the operation of Shanghai's national economy in the first half of the year. In the first half of the year, Shanghai's GDP was 2139.017 billion billion yuan, an increase of 9.7 percent over the same period last year at comparable prices. The economy continued to recover and the quality of development improved steadily.

●Recently, the world's first dual-fuel methanol-powered container ship made its maiden voyage to Yangshan Port. At the same time, the Yangshan Port Maritime Safety Administration and Maersk conducted a joint inspection of the ship, marking Shanghai's efforts to ensure the healthy development of green shipping and the supervision of new business formats. New steps have been taken.

§domestic

●The People's Bank of China and the State Administration of Foreign Exchange announced on the 20th that they have decided to raise the macro-prudential adjustment parameters for cross-border financing of enterprises and financial institutions from 1.25 to 1.5, which will be implemented on July 20, 2023.

●On the morning of the 20th, 31 provincial-level regulatory bureaus of the State Administration of Financial Supervision and Administration, 5 municipal regulatory bureaus under separate state planning, and 306 prefectural and municipal regulatory sub-bureaus were uniformly listed. This marks an important step forward in the reform of the financial regulatory system and has achieved phased results.

●At 11:20 on July 20, my country used the Kuaizhou-1A carrier rocket at the Jiuquan Satellite Launch Center to successfully launch the Tianmu -1 meteorological constellation 07-10 into space. The satellite successfully entered the scheduled orbit and the launch mission was achieved. A complete success. The 07-10 star of the Tianmu 1 meteorological constellation is mainly used to provide commercial meteorological data services.

●Li Guoying, deputy commander-in-chief of the National Defense and Minister of Water Resources, said on the 20th that according to forecasts, in the next three days, there will be heavy rains and floods in the Beisanhe River system, the Daqinghe River system, the Ziyaghe River system, and the Zhangwei River system in the Haihe River Basin. The Ministry of Water Resources actively deploys relevant defense work to strictly prevent rainstorms and floods to ensure the safety of people's lives and property.

§International

● Turkey's central bank announced on the 20th that it would raise its benchmark interest rate by 250 basis points from 15 per cent to 17.5 per cent.

The Russian Defense Ministry said that from 0:00 Moscow time on July 20, Russia will regard all ships bound for Ukrainian ports along the Black Sea as potential military cargo carriers. The US government announced on the 19th that it would provide a new round of military assistance to Ukraine.

●The trade statistics released by the Ministry of Finance of Japan on the 20th showed that as the year-on-year increase in imports was much greater than the increase in exports, Japan's trade deficit in the first half of this year reached 6.96 trillion yen, and the trade deficit has continued since the second half of 2021.

● The upper and lower houses of the Thai Parliament held another joint session on the 19th to elect a new prime minister. After a heated debate, the Congress voted to reject the candidacy of Pita, leader of the Yuanjin Party, and the joint meeting once again failed to elect a new prime minister.

●Geng Shuang, Deputy Permanent Representative of China to the United Nations, spoke at the UN General Assembly on the 19th when discussing the use of the Security Council's veto power in Syria, welcoming the Syrian government to allow the United Nations and its specialized agencies to continue to use the Babhaiwa cross-border point to provide humanitarian assistance to northwestern Syria.

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