10.China Leads in New Energy Storage Capacity in the World

China's New-Type Energy Storage Development Report (2025)
China has become the global leader in new-type energy storage capacity, with operational capacity reaching 73.76 GW/168 GWh by the end of 2024, accounting for over 40% of the world鈥檚 total installed capacity. The report emphasizes improving market mechanisms and pricing policies to guide investment, especially promoting grid-replacement storage in remote areas and regions where expansion of the distribution network is restricted. ( Jintai News)
09. China鈥檚 elderly care service report highlights challenges and progress

Report on the Development of Aged Care in China(2024)
China鈥檚 elderly care system faces challenges from an aging population and evolving needs, though progress has been made in facilities and home modifications. The report calls for enhanced research, evaluation, and collaboration on age-friendly building environments to improve seniors鈥?quality of life.(China Society News)
08. First sustainability-linked loan in waste-to-energy sector
on August 28, SUS Environment secured China鈥檚 first sustainability-linked syndicated loan in waste-to-energy sector, raising US$175 million with participation from eight banks across Asia and the Middle East. The loan鈥檚 interest rate is tied to the company鈥檚 performance on reducing Scope 1 and 2 greenhouse gas emissions.
07 Taikang launches "Happiness Yicai Public Welfare Policy Plan"

On August 22, Taikang Insurance Group introduced the "Happiness Yicai Public Welfare Policy Plan" during its 29th anniversary. This innovative program integrates insurance mechanisms with public welfare, establishing a "policy + donation" model. For each "Happiness" policy purchased, Taikang Life or Taikang Pension will donate 300 yuan to support universal elderly care projects. (China Business Network)
06 Anta Group and Donghua University unveil fluorine-free Anta membrane

On August 28, Anta Group and Donghua University jointly launched the fluorine-free Anta membrane, China鈥檚 first self-developed, mass-produced high-performance material offering waterproof and breathable properties. It provides a sustainable solution for global fabric innovation. The membrane replaces 20% of petroleum-based materials with bio-based polymers, aligning with eco-friendly trends. Anta has invested over 20 billion yuan in innovation in the past decade and plans to invest another 20 billion yuan in the next five years to advance green technology. (Xinmin Evening News)
05 Pilot operation begins at China鈥檚 first resource recycling base
On August 28, China鈥檚 first resource recycling demonstration base, the China Resource Recycling Green and Low-Carbon Circular Economy Base, commenced trial operations in Tianjin. This marks a practical step toward building a green, low-carbon circular economy. The base integrates key companies in the resource recycling industry chain and combines "green port construction + circular economy" with four core functions: resource recycling, trading platforms, green energy support, and smart operations. (China News Network)
04 China-Arab Expo bridges cooperation in innovation, green development, and prosperity

From August 28鈥?1, the 7th China-Arab States Expo, themed "Innovation, Green Development, and Prosperity," was held in Yinchuan, Ningxia. The event featured a green electricity application zone for the first time, exploring clean energy and green transformation opportunities. Activities included matchmaking sessions for green, low-carbon products and exchanges on high-quality development in new energy industries. Key outcomes, such as the China-Arab Water-Saving Development Outlook 2025, were released, elevating the expo into a high-level platform for rule alignment and knowledge sharing.
03 UK launches public consultation on transition finance guide

On August 18, the Transition Finance Taskforce, jointly established by the City of London and the UK government, released the first draft of the Transition Finance Guide and initiated a one-month public consultation. The guide aims to help companies, investors, and financial institutions transition to net-zero by providing an operational framework. It covers principles and factors applicable across asset classes and regions, including emerging markets. (UK Financial Services)
02 Guidelines on High-Quality Urban Development issued
On August 28, the CPC Central Committee and the State Council issued the Guidelines on High-Quality Urban Development. The document outlines goals to build modern, innovative, livable, beautiful, resilient, and smart cities. It emphasizes urban renewal as a key approach to optimize urban structures, enhance quality, promote green transformation, preserve cultural heritage, and improve governance while ensuring urban safety and exploring a Chinese path to urban modernization.
01 SCO summit in Tianjin achieves several significant accomplishments

The SCO summit in Tianjin achieved several significant accomplishments. Member states will enhance cooperation and exchanges in the field of sustainable development, including conducting industrial cooperation, effectively managing waste, efficiently utilizing resources, reducing energy consumption and carbon emissions, and promoting clean energy development. This will contribute to the sustainable development of the economy and society for the SCO. (China News)
Back
to top