Investment Recovery

The growth of fixed assets investment in China is likely to accelerate in the fourth quarter of the year, leading to a mild increase for 2020, Fitch Ratings said in a recent report, adding that such a trend suggests stable growth in 2021.

The country’s fixed assets investment went up by 0.8 percent year on year in the first three quarters,

103.098-billion-kwh record set by the Itaipu Dam in South America in 2016, it said.

The clean electricity, which otherwise would be generated through burning 31.71 million tons of standard coal equivalent, has helped reduce carbon dioxide emissions by 86.71 million tons, sulfur dioxide by 20,600 tons, and nitrogen oxides by 19,600 tons.

Featuring efficient water resource utilization, the Three Gorges project controls and prevents floodwater along the Yangtze River basin and generates electricity.

The project, which became operational in 2003, has 34 turbo-generators with a combined generating capacity of 22.5 million kw.

Economic and Technological Development Zone, the park covers 80,000 square meters. It will likely be one of Starbucks’ greenest coffee roasting factories globally.

According to the management of the zone, the introduction of new technologies in roasting production in the park can reduce carbon emissions by more than 30 percent compared with traditional methods.

The park will also use more intelligent baking production and logistics distribution systems to improve coffee roasting capacity and energy efficiency.

The project was signed in March, becoming the first industrial project funded by one of the top 500 U.S. enterprises in China this year.

The zone is home to 2,497 projects from 51 countries and regions worth nearly $40 billion. It has become a hub for global capital, technologies and talents with industries such as photoelectric semiconductors, new-energy vehicles and coffee.