Standards to boost green industries

The country will set up standards for green manufacturing and promote the upgrading of traditional manufacturing, according to an official. Accelerating green industrial transformation is a requirement for building a beautiful China, Gao Yunhu, an official with the Ministry of Industry and Information Technology, said at the annual conference for green design and manufacturing of Chinese industrial products. China aims to develop around 300 standards on the key areas of green manufacturing by 2020, and basically build a system of standards on industrial energy-saving and green manufacturing, according to Gao. Though progress has been made in China’s industrial growth, increasing energy consumption has put huge pressure on environmental protection, Gao said. seas Hainanese from 26 countries and regions attended the event, which was part of the two-day 15th World Congress of the International Federation of Hainan Associations that closed on Saturday at the Hong Kong Convention and Exhibition Center. System. In China’s spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day. The central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. Bank of China, the seventh largest bank in the world and the third largest in China, launched its preparations to establish a commercial bank in Turkey in 2015 after opening a representative office in 2011. The bank received permission to operate deposit banking in Turkey by investing $300 million in June.