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BOSTON, the United States, April 9 (Xinhua) -- China's clean energy market offers huge business opportunities, experts said at the Harvard China Forum here Saturday.In a panel discussion on clean energy, experts who have been keeping a close eye on China's renewable sectors evaluated its market size, development level and current challenges."No matter it comes to wind, solar or any other type of clean energy, the market capability in China is enormous," Peter Evans, GE Energy's global strategy and planning director said.Evans said he believed China has the need to develop all kinds of energy in order to meet its ever-growing appetite for energy, especially against the background of high oil price, which just surged to nearly 113 U.S. dollars a barrel.He also said China now has the capital needed to develop clean energy but lacked the technology, although that would not be a problem since "every abroad company related to clean energy wants to go to China and to grab something."Gong Li, chairman of Accenture Greater China, said that for a better development of China's renewable sectors, sustainable policy support is needed.On current challenges, Li said one big problem is the lack of network to turn clean energy into electricity. "Renewable energy such as solar and wind is intermediate energy that needs to be transmitted to the power grid, or else it will be garbage energy," Li said.
BEIJING, Feb. 5 (Xinhua) -- Despite profound changes in the global economy, China's banking industry expects steady growth during the 12th Five-Year Plan (2011-2015), a senior banker said Saturday.China's steady and relatively fast economic growth is expected to lay a solid basis for the development of the commercial banks' main businesses, said Hu Huaibang, chairman of Bank of Communications, the fifth-largest lender.Meanwhile, the transformation of China's economic growth pattern would provide an impetus to the adjustment and optimization of the lenders' businesses, Hu said.Hu predicted businesses, such as consumer credit, asset management and credit cards, would enter a golden era over the next few years, along with the economy's shift to a domestic consumption-driven model from the current export-oriented growth pattern.Also, increases in personal wealth and growing numbers in the middle class would bring huge potential customers and development opportunities to the lenders, Hu said.Further, he urged Chinese banks to improve their services and launch new products to meet diversified demands.
LOS ANGELES, May 23 (Xinhua) -- NASA's Gravity Recovery And Interior Laboratory spacecraft (Grail) will begin final preparations for a launch on a Moon mission in late summer, the Jet Propulsion Laboratory (JPL) said on Monday.The dynamic duo will orbit the moon to determine the structure of the lunar interior from crust to core and to advance understanding of the thermal evolution of the moon, according to JPL in Pasadena, Los Angeles.After arriving at the Astrotech payload processing facility in Titusville, Florida last week, the Grail twins, known as Grail-A and Grail-B, were removed from their shipping containers Monday. Later this week, they will begin functional testing to verify their state of health, said JPL.The twins were shipped from Lockheed Martin Space Systems, Denver.Over the next four months at the Astrotech facility, the spacecraft will undergo final testing, fueling and packaging in the shroud that will protect them as the Delta II launch vehicle lifts them into space. The spacecraft will then be transported to the Cape Canaveral Air Force Station for installation atop the rocket that will carry them toward the moon, JPL said."We're only a few full moons away from a mission that will reveal clues not only into the history of the moon and Earth, but will provide important data for future lunar exploration," said Maria Zuber, Grail's principal investigator, based at the Massachusetts Institute of Technology.Grail will be carried into space aboard a United Launch Alliance Delta II Heavy rocket lifting off from Launch Complex-19 at the Cape Canaveral Air Force Station in Florida. The launch period opens Sept. 8, 2011, and extends through Oct. 19. For a Sept. 8 liftoff, the launch window opens at 5:37 a.m. PDT (8:37 a.m. EDT) and remains open through 6:16 a.m. PDT (9:16 a.m. EDT).Grail-A and Grail-B will fly in tandem orbits around the moon for several months to measure its gravity field in unprecedented detail.The mission will also answer longstanding questions about Earth' s moon, and provide scientists a better understanding of how Earth and other rocky planets in the solar system formed, according to JPL, which manages the Grail mission.
STOCKHOLM, Feb. 20 (Xinhua) -- The exhibition of the Chinese Terra-cotta Army here was an enormous success, project organizer Sanne Houby-Nielsen said Sunday.About 320 objects, including terra-cotta warriors from the ancient Chinese Qin Dynasty and other terra-cotta figures from Han Dynasty, were exhibited at the Far Eastern Antiquities Museum during the event, which ended Sunday.Houby-Nielsen, who is director of the museum and also director-general of the country's National Museums of World Culture, told Xinhua in an exclusive interview that the total number of visitors was around 350,000, more than double the expected turnout.This was the highest number of visitors the museum has ever experienced in its history since it was established in the 1940s, said Houby-Nielsen, adding that the exhibition was originally scheduled to end on Jan. 16, but "a great pressure from the audiences" prompted the museum to extend it till Sunday."It is an exhibition which won the most audience for many years in Sweden. We feel particularly happy because it was a very good display of the story of the first emperor and the early Han Dynasty," she said."We felt such a huge interest that we have to prolong it. So we were very grateful that it was possible to prolong the exhibition," she added.The exhibition was declared open by Swedish King Carl XVI Gustaf in August. Many of the ancient Chinese artifacts have never been exhibited outside China.Swedish Sinologist Cecelia Lindqvist commented that the event helped people understand the current China by looking at the history of China presented in the exhibition.
SAN FRANCISCO, May 6 (Xinhua)-- Latest research released Friday shows that Google Android has become the No.1 smartphone platform in the United States in the first quarter as more smartphone manufacturers have adopted the operating system.During the three months ending in March, Google Android grew 6. 0 percentage points to 34.7 percent market share, among the 72.5 million U.S. smartphone users, reported comScore, an Internet marketing research company.The number of smartphone users increased by 15 percent on a quarter-on-quarter basis, said the research.Research in Motion, developer of Blackberry smartphones, ranked second with 27.1 percent, a slide of 4.5 percentage points on a quarter-on-quarter basis. Apple grew 0.5 points to 25.5 percent share, followed by Microsoft (7.5 percent) and Palm (2.8 percent).According to the research, 234 million Americans age 13 and older used mobile devices in the first quarter. Samsung ranked as the top handset maker with 24.5 percent of U.S. mobile subscribers, and LG ranked second with 20.9 percent share, followed by Motorola (15.8 percent) and RIM (8.4 percent). Apple continued to gain share following the launch of the Verizon iPhone, growing by 1.1 percentage points to 7.9 percent of subscribers.On mobile content use, 68.6 percent of U.S. mobile subscribers used text messaging on their mobile device in March. Browsers were used by 38.6 percent of subscribers (up 2.2 percentage points), while downloaded applications were used by 37.3 percent (up 2.9 percentage points).Accessing of social networking sites or blogs increased 2.6 percentage points, representing 27.3 percent of mobile subscribers. Playing games comprised 25.7 percent of the mobile audience, while listening to music represented 17.9 percent, said the report.