Search Site

Trends banner

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

Ready to work with developing nations for green future: China

Chinese Vice Premier Ding Xuexiang. (WAM)
  • The vice premier called on the G77 and China to further speak with one voice and uphold common interests
  • He urged all to promote sustainable development, a new path of coordination between development and protection

Dubai, UAE–Chinese Vice Premier Ding Xuexiang said that China stands ready to work closely with developing nations to build a green and low-carbon future.

The vice premier made the remarks when addressing the Group of 77 (G77) and China Leaders’ Summit on the sidelines of the COP28.

He emphasised that China has actively yet prudently promoted the targets for carbon peak and carbon neutrality, adding that while fulfilling its international obligations, China has made efforts to help other developing countries cope with climate change.

Noting that there is still a long way to go to improve global climate governance, the Chinese leader called on the G77 and China to further speak with one voice and uphold common interests.

He called on parties concerned to jointly promote sustainable development, strengthen the synergy of green transformation development strategies, boost mutual assistance, and explore a new path of coordination between development and protection.

Ding urged parties concerned to jointly safeguard multilateralism and firmly uphold the goals and principles set out in the UN Framework Convention on Climate Change and the Paris Agreement.

He also called for the joint promotion of equity and justice, working together to make substantive progress in implementing climate funding and forming a framework for the Global Goal on Adaptation, and giving full play to the role of the newly established Loss and Damage Fund.