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China willing to help advance global energy security, sustainable development: vice premier

China

China

China

China willing to help advance global energy security, sustainable development: vice premier

2026-09-11 20:24 Last Updated At:22:17

China is willing to work with all parties to advance global energy security and sustainable development, Chinese Vice Premier Ding Xuexiang said Thursday.

Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made the remarks while delivering a speech at the opening ceremony of the 16th Asia-Pacific Economic Cooperation (APEC) Energy Ministerial Meeting in Beijing. Ding noted that China has been actively engaged in pragmatic energy cooperation within the APEC framework, effectively promoting regional energy development, and making important contributions to safeguarding global energy security.

China will always defend the stability of global energy markets, contribute to the global green and low-carbon transition, and participate in international energy cooperation, the vice premier said.

To advance global energy security and sustainable development, Ding urged efforts to vigorously develop distributed energy sources and charging infrastructure to enhance inclusive energy development in the Asia-Pacific region.

Ding also called for conducting collaborative research and development on emerging technologies such as new energy storage and digital grids, and promoting mature technologies and application scenarios to better empower the energy transition in the Asia-Pacific region.

It is necessary to ensure the stable operation of energy industrial and supply chains and facilitate the smooth functioning of regional and global energy markets, Ding added.

Some 300 participants, including energy ministers or representatives of APEC economies and heads of relevant international organizations, attended the opening ceremony of the the two-day meeting.

China willing to help advance global energy security, sustainable development: vice premier

China willing to help advance global energy security, sustainable development: vice premier

Chinese stock markets saw a decline on Friday, with raw materials and real estate the biggest contributors to losses, according to China Global Television Network (CGTN) market analyst Timothy Pope.

The benchmark Shanghai Composite Index was down 1.18 percent to 3,888.11 points, while the Shenzhen Component Index closed 1.08 percent lower at 13,471.26 points.

Pope attributed the drop to raw materials and real estate sectors.

"Raw materials and real estate were among the biggest drags. We saw the gold producer Zijin Mining the biggest contributor to losses on the Shanghai Composite today. Interestingly, the big banks proved something of a haven, which is a bit of reversal from Monday, when Agricultural Bank, Bank of China and ICBC were among the biggest drags after the government's capital injection plans were announced," he said.

"This week the markets were also looking at plenty of macro data. Exports jumped 25 percent year-on-year in August and trade surplus widened again, showing just how much of the heavy-lifting external demand is still doing for the economy. Consumer and producer inflation also both ticked higher. Investors are watching that pretty closely," Pope noted.

China markets end week lower, with raw materials and real estate among biggest drags: analyst

China markets end week lower, with raw materials and real estate among biggest drags: analyst

China markets end week lower, with raw materials and real estate among biggest drags: analyst

China markets end week lower, with raw materials and real estate among biggest drags: analyst

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