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China sees bright prospects in green development

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China sees bright prospects in green development

By: Yin Shuanghong

China’s first prefabricated high-rise vertical factory, the phase-1 project of the Pingshan New Energy Vehicle Industry Park in Shenzhen, south China’s Guangdong province, was completed and delivered in April this year.

Thanks to the application of smart technologies, the construction period of the factory was saved by 15 percent, water and electricity usage by 20 percent, and waste discharge by 20 percent.
The high-rise vertical factory enables intensive land use and is conducive to resource recycling in the industrial park. It is an epitome of the green development of the manufacturing sector.

Promoting green and low-carbon economic and social development is a key part of achieving high-quality development. In recent years, China has made significant progress in fostering new growth points for green and low-carbon development.
In the manufacturing sector, the production of solar cells and charging piles increased by 63.2 percent and 34.2 percent respectively in the first three quarters of this year, while the production and sales of new energy vehicles grew by over 30 percent year-on-year.
In the energy industry, as of the end of September, the installed capacity of solar power generation increased by 45.3 percent compared to the previous year, and wind power installed capacity by 15.1 percent.

Green technologies and products continue to emerge in various sectors and industries, effectively promoting the optimization of industrial structure and demonstrating a strong momentum for industrial upgrading.

As a new driving force, the growth of the green industry can create a broader space for economic development. Green, circular, and low-carbon development is the direction of today’s technological revolution and industrial transformation, and the most promising field for development. A better grasp of the opportunities for green transformation can take the initiative and gain a favorable position in future competition.
According to data from the General Administration of Customs, the total exports of electric vehicles, lithium-ion batteries, and solar batteries reached 798.99 billion yuan ($109.83 billion) in the first three quarters this year, a year-on-year increase of 41.7 percent. China’s leapfrog development in green industries fully demonstrates the importance of pursuing sustainable economic growth.

Green development is sustainable. Only by laying a solid foundation for green development can China achieve high-quality development in the future. China has great potential in this regard and can build a number of growth points.
Currently, the country is actively promoting concerted efforts to cut carbon emissions, reduce pollution, expand green development, and pursue economic growth. It prioritizes green transformation and upgrading of industries, accelerates the cultivation and expansion of green and low-carbon sectors, actively develops green technologies and products, and makes the economy greener, so as to enhance the potential and momentum of development.

China’s renewable energy industry is developing rapidly, and the country leads in various fields such as energy equipment, water-saving equipment, and pollution control technologies.
New ecological industry models, including urban modern agriculture, eco-tourism, and rural complexes are also rapidly growing. Today, eco-friendly products have more ways for financial gain.

It is believed that as China continues to pursue green development, the Chinese economy will become even greener in the future.
Green development is an all-round and revolutionary transformation of production methods, lifestyles, ways of thinking, and values. To promote the growth of green industries, it is necessary to adhere to a systemic perspective and coordinate the greening of production, distribution, consumption, and other aspects. It is important to actively guide and mobilize the entire society to participate in green development. With the continuous advancement of Chinese modernization and the improvement of people’s living standards, the concept of green development has permeated all aspects of Chinese people’s lives.

The demand for green upgrading and transformation of traditional industries, as well as the demand for green consumption, have given rise to a huge green market, continuously enhancing China’s development potential and momentum.

By further opening up new areas and creating new advantages, China is striving to promote economic development that not only maintains reasonable quantitative growth but also achieves steady qualitative improvement, allowing the people to have a greater sense of achievement, fulfillment, and security in a beautiful ecological environment.

China sees bright prospects in green development

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Foundation donates N10m to Gombe market fire victims

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Foundation donates N10m to Gombe market fire victims

By Peter Uwumarogie

A Non-Governmental Organsation known as Velocity Humanitarian Foundation, on Friday, donated N10 million to support victims of Monday night’s fire, which razed the Gombe Timber Market.

Chairman of the foundation, Malam Adamu Ibrahim who presented the cheque to the leadership of the market on Friday, also sympathised with victims of the inferno.

He said that the incident had drawn the attention of the organisation’s founder Engr. Aliyu Mohammed, who consequently, directed an extension of the support.

According to him, the foundation is focused on impacting lives, adding that the fire incident had compelled the organsation to extend support to victims in line with its objectives.

He also called on well meaning Nigerians within and outside the state, to assist the victims in view of their huge investment lost to the fire.

In response, Chairman of the state’s Timber Sellers Association, Malam Mohammed Ahmadu,, thanked the organisation for extending the gesture, at a time it was most required.

Ahmadu also described as encouraging, the support and well wishes from many residents who had come to sympathetise with them since the incident.

“This N10 million is well appreciated because we need all the support we can get to ameliorate the sufferings of our members since the fire outbreak.

“We thank the founder of the Foundation, Engr Mohammed and their staff, for this donation; we will always remember this good gesture done to us,” he said.

Meanwhile, Ahmadu said that the association had resolved to acquire a transformer specifically for use of members, which will be turned off after business hours to prevent a reoccurrence of electricity-related fire.

The News Agency of Nigeria (NAN) reports that the fire outbreak destroyed over 60 shops and goods worth millions.

Foundation donates N10m to Gombe market fire victims

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NAF C-130 aircraft, crew arrive Accra en route to Portugal, receive warm reception

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NAF C-130 aircraft, crew arrive Accra en route to Portugal, receive warm reception

By: Zagazola Makama

A Nigerian Air Force (NAF) C-130 aircraft and its crew have arrived at the Air Force Base in Accra, Ghana, after departing Bobo-Dioulasso in Burkina Faso earlier on Friday.

Zagazola reliably gathered that the aircraft is scheduled to proceed to Portugal on Saturday as planned for a flight maintenance mission, official sources said.

On arrival in Accra, the NAF crew and aircraft were received by officials of the Ghana Air Force and representatives of the Nigerian Embassy in Ghana.

A defence source told Zagazola that the reception illustrated the cordial military-to-military relations and longstanding diplomatic ties between Nigeria and Ghana.

We in Nigeria, extend our appreciation to the Ghanaian Government and diplomatic officials for the warm reception and support extended to the Nigerian NAF crew.

NAF C-130 aircraft, crew arrive Accra en route to Portugal, receive warm reception

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Gombe Govt restates commitment to MSMEs growth

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Gombe Govt restates commitment to MSMEs growth

The Gombe State Government, on Friday engaged stakeholders in the finance sector towards easing access to credit and ensuring the growth of Micro, Small and Medium Enterprises (MSMEs) in the state.

Malam Muhammad Magaji, the state’s Commissioner of Finance and Economic Development stated this in Gombe while declaring open the State Action on Business Enabling Reforms (SABER) Programme, themed: “Guide to Access Credit”.

Magaji said that the meeting was aimed at creating an environment conducive for business growth by removing the bottlenecks around accessing finance.

He said that the administration of Gov. Inuwa Yahaya of Gombe State has prioritised the development of businesses and industries to drive economic prosperity for the state, create jobs and improve the wellbeing of residents.

Magaji who was represented by Mr Jalo Ibrahim, the Permanent Secretary, Ministry of Finance and Economic Development said that the state is now more deliberate in supporting small business owners to grow.

According to him, Yahaya-led administration’s commitment to MSMEs growth is to ensure inclusive growth of the economy in view of the role of such small businesses to economic transformation.

“We are engaging the financial institutions and relevant stakeholders to see how we can remove the barriers affecting access to credit to SMEs in the state.

“This is part of the current administration’s commitment to strengthening access to loan facilities that would give life to small businesses and help more youths start up businesses.

“We are very committed as a government to see to it that we provide all the needed supports to make doing business in Gombe State easy.

“Government will inject more money into the system to serve as collateral for business owners and also serve as guarantor to those who are willing to access finance,” he said.

On his part, Alhaji Nasiru Aliyu the Commissioner for Trade, Industry, and Tourism,
Gombe State restated the state government’s commitment to industrialising the state and attracting investors.

Aliyu said that Yahaya’s administration had invested a lot to boost industrial growth and turn the state into the industrial and evonomic hub of North East.

Mr Kabiru Tsoho, the SABER focal person for Gombe State said that the SABER Programme is a World-Bank project aimed at easing businesses towards accelerating the growth of the economic sector.

Tsoho said the engagement would help remove impediments to accessing finance and encouraging business growth.

“This will help improve business environment and encourage investment which would provide more opportunities for jobs to be created and for economic empowerment of women and youths,” he said.

Mr Sanusi Abdullahi, Chairman, Traders Association of Nigeria, Gombe State chapter commended the initiative by the state government and World Bank to make doing business easy.

Abdullahi said with improved access to loans, there would be more youth employment and improvement in the standard of living of residents of the state.

Gombe Govt restates commitment to MSMEs growth

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