Hong Kong gets much of its power from mainland China, in particular about 70% of the output from Daya Bay’s 1888 MWe net nuclear capacity is sent there. A 2014 agreement increases this to 80%. The Hong Kong government plans to close down its coal-fired plants, and by 2020 to get 50% of its power from mainland nuclear (now 23%), 40% from gas locally (now 22%) and 3% from renewables. Another option, with less import dependence, is to increase domestic generation from gas to 60%, and maintain mainland nuclear at 20%.
Hong Kong utility China Light & Power (CLP) has equity in CGN’s Daya Bay (25%) power plant, and was until 2013 negotiating a possible 17% share in Yangjiang. After considering equity in a further CGN nuclear plant, in October 2016 CLP Holdings Ltd successfully bid for a 17% share in Yangjiang Nuclear Power Co Ltd, in response to a CGN general invitation to tender.
Since 1994 Hong Kong has been getting up to one-third of its power from Daya Bay output, and this contract now runs to 2034. According to CLP data, nuclear power cost HK 47 c/kWh in November 2013, compared with 27 cents for coal and 68 cents for gas, which provides the main opportunity to increase supply. CLP supplies about 80% of Hong Kong’s power.
China is aiming to have its manufacturing enterprises fully digitized by 2035, in a bid to upgrade its massive but declining manufacturing sectors and avoid technological blockades by the US.
China’s State Administration for Market Regulation fines Alibaba a record of 18.23 billion yuan ($2.78 billion), 4% of its 2019 revenue, for abusing market dominant position on Saturday. Alibaba is demanded to “stop illegal activities.”
The satellite, the third of the Shiyan-6 series, was launched by a Long March-4B carrier rocket at 7:01 a.m. from the Taiyuan Satellite Launch Center in north China’s Shanxi Province
3-21-21 China’s energy security will remain the highest priority for state-controlled Saudi Aramco for the next half century at least. Aramco’s ambitions in China go beyond shipping crude and products. The company is looking for new opportunities for further investments in “integrated downstream projects to help meet China’s needs for heavy transport and chemicals, as well as lubricants and non-metallic materials”.
China to launch program to inoculate overseas Chinese, introduce heath certificate for global travel.
50 countries have already included Chinese nationals into their vaccination plans, and many Chinese nationals overseas are also getting vaccine jabs in other countries according to law.
China is also planning to set up stations for administering Chinese vaccines in countries “equipped with conditions,” in order to provide inoculation services for Chinese nationals in nearby countries.
Great discoveries! More than 500 important cultural relics have been found in Sanxingdui 三星堆文明 ruins in SW China’s Sichuan province with a history of over 3,000 years. The discoveries include bronze masks and ivory.
New major discoveries : -6 new sacrificial pits -over 500 unearthed items dating back to about 3,000 years.