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China's moves to rein in water pollution benefited Originwater's business as higher water quality requirements provided opportunities for it to step up expansion and channel more energy into research and development, the company said.
China's first photovoltaic road, in Jinan, Shandong province, opened to traffic in December. [Photo/Xinhua]
China's commissioner for the State Administration of Taxation told a global conference at the United Nations on Wednesday that China is willing to collaborate on developing an international tax protocol and cooperate on tax administration.
China's opening-up policy, which is already encouraging the world's big companies and investors to redraw their strategies, received a fresh burst of energy this month.
China's huge foreign exchange reserves are also denominated in the US dollar. If China does not use the US dollar but chooses the euro or other currencies to settle its trade deals, it will shock the US dollar system. So the US will not take the risk of decoupling from China, because that will weaken the US dollar system.
