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Chinese FM holds talks with Cuban president's special envoy

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Chinese FM holds talks with Cuban president's special envoy

2024-06-07 00:26 Last Updated At:01:27

Chinese Foreign Minister Wang Yi held talks with Special Envoy of Cuban President and Minister of Foreign Affairs, Bruno Rodriguez Parrilla, in Beijing on Thursday.

Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, said that China and Cuba are good friends who trust each other, good comrades who share the same vision, and good brothers who share weal and woe, adding that the two sides reached an important consensus on jointly building a China-Cuba community with a shared future.

China speaks highly of Cuba's adherence to truth and defiance of power, and appreciates that Cuba always stands up for China's legitimate stance on international multilateral occasions, he said.

China firmly supports Cuba in defending its national sovereignty and opposing foreign interference, and will continue to resolutely oppose the United States' unreasonable blockade against Cuba, Wang noted.

Wang said that China is willing to work with Cuba to implement the consensus reached by the two heads of state, develop the special friendly relations between the two parties and two countries, and contribute to promoting the cause of world socialism and safeguarding world peace.

Rodriguez said that the special friendly relations between Cuba and China enjoy a profound public support for good friendship between the two peoples.

Cuba sincerely thanks China for its strong support in resisting the unreasonable blockade and interference of the United States and overcoming temporary difficulties in economic operation, and will continue to firmly abide by the one-China principle, he said.

Cuba is willing to work with China to build a Cuba-China community with a shared future, give top priority to the joint construction of the Belt and Road, and safeguard the sovereignty and independence of developing countries as well as the cause of socialism, he said.

The two sides also exchanged views on strengthening China-Latin America cooperation and other issues of common concern.

Chinese FM holds talks with Cuban president's special envoy

Chinese FM holds talks with Cuban president's special envoy

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4,500 entities registered on China's voluntary carbon market for emission reductions

2024-07-18 17:30 Last Updated At:18:07

Over 4,500 enterprises have registered on China's voluntary carbon market for greenhouse gas reductions, also known as the China Certified Emission Reduction (CCER) scheme, since it was launched on Jan 22 this year.

The CCER program, enabling companies within specific sectors to trade their carbon reduction credits following their voluntary engagement in emission-reduction initiatives, supplements the country's existing Emissions Trading System (ETS), which has been operational since July 2021 and is limited to enterprises with designated emission quotas.

Under the CCER program, carbon-emitting companies compensate credit-holding entities for carbon credits and to offset their own emissions. At present, the trading market is mainly open to entities in four major fields: afforestation, solar power generation, offshore wind power generation and mangrove planting.

"So far, the CCER registration system has synchronized its old and new accounting information and handled more than 4,500 new accounts, including nearly 40 project owners, 1,220 national and local key emission reduction units, and the rest are investment institutions or common enterprises," said Xu Huaqing, principal investigator of the National Center for Climate Change Strategy and International Cooperation.

As a market-based emission reduction tool, the scheme plays a significant role in reducing emissions cost and achieving carbon peaking and carbon neutrality goals.

4,500 entities registered on China's voluntary carbon market for emission reductions

4,500 entities registered on China's voluntary carbon market for emission reductions

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