China must now gear towards a system that more fairly looks after those who are not yet wealthy after the early development of the national economy lifted the country out of poverty and created millionaires, President Xi Jinping said, laying out his plans by defining “common prosperity” for the first time.
At a key economic leadership meeting on Tuesday, Chinese leaders agreed China must pursue a goal of so-called common prosperity where people share in the opportunity to be wealthy as the main objective for the next stage of its development, while stressing the need for an airtight economy which allows for that smoothing out of wealth.
Biden will be bringing world leaders together for a virtual “Summit for Democracy” in December, the White House announced Wednesday, part of the administration’s efforts to tackle authoritarianism, fight corruption and advance human rights. Upping the game to encircle China and Russia. Who will be invited to form the pact? Taiwan is on the list.
The Taliban intends to replace the Afghan national flag with their white banner bearing the Shahada “La ilah ila Allah, Mohammad rasoul Allah” (There is no god but God and Muhammad is God’s messenger) after retaking the country on Sunday.
China clocked its 29th orbital launch for 2021. On August 18 (Eastern Time) China launched a Long March/Chang Zheng-4B from the Taiyuan Satellite Launch Center in Shanxi Province carrying the second group of Tianhui 2 satellites into orbit.
An ultra-high voltage power line on Friday started to transmit direct current electricity from an energy base in northern Shaanxi to central China’s Hubei Province. The 800-kilovolt ultra-high voltage power lines starts from Yulin, a city of Shaanxi Province, and stretches 1,127 kilometers to Wuhan, capital of Hubei, passing provinces of Shanxi and Henan route. Its transmission capacity can reach eight million kilowatts. “The northern part of Shaanxi is rich in primary energy reserve such as crude, gas, coal, and salt. It is also a rich area of new energy such as wind power and photovoltaic resource. At present, the installed capacity of new energy in Shaanxi has exceeded 20 million kilowatts, and this project can unremittingly transmit the clean energy from the northern and western parts of Shaanxi to Hubei and other parts in central China,” said Zhao Yingbo, deputy director of State Grid Shaanxi Electric Power Company. The power line, connecting the northwest and central China, will play complementary role in resource allocation in a large scale, improve cross-province power distribution capacity, and meet the growing demand for electricity in central China. “Upon completion, the power line can transmit 40 billion kilowatt-hours of electricity to Hubei every year, which accounts for about 70 percent of Wuhan’s annual electricity consumption. It will ensure the smooth operation of Hubei’s power grid and more stable and reliable power supply,” said Peng Ying, deputy director of State Grid Hubei Ultra-high Voltage Power Line Office. To construct the ultra-high voltage power line, a new generation of ultra-high voltage power transmission technology have been applied for the first time, and domestically-developed equipments have also been widely applied. The power line also made a breakthrough on the 467-kilometers electricity transmission route without repeaters. So far, the State Grid has 14 ultra-high voltage power lines transmitting alternating current electricity and 13 ultra-high voltage power lines transmitting direct current. The power line under operation and construction measures 45,000 kilometers, generating over 480 million kilowatt of power and transmitting more than two trillion kilowatt of electricity.
China successfully sent the Zhongxing-2E satellite into space on a Long March-3B carrier rocket from Xichang Satellite Launch Center in southwest China’s Sichuan Province at 00:30 a.m. BJT Thursday.