a’s photovoltaic products. Export value to Vietnam rose 239 times to $739 million in the fi
rst quarter, taking up 16.8 percent of China’s total photovoltaic export value.
With the European Union ending its anti-dumping and anti-subsidy meas
ures, photovoltaic exports from China to Europe also saw large increase in Q1.
The country’s photovoltaic products export volume to the Netherlands and Spain increased 1,049.6 percent and 158.3 perc
ent, respectively, in the first quarter, said the report. It predicted that the emerging markets, such as Mexico, Aus
tralia, Turkey, and the United Arab Emirates will further boost the export of China’s photovoltaic modules.
The export of China’s photovoltaic products to the United States dropped 28.9 pe
rcent to just 0.01 GW in the first quarter, the report said. The Section 201, Section 3
magazine of the Communist Party of China Central Committee. He said more efforts a
re needed to implement the proactive fiscal policy and boost efficiency this year.
Preventing and defusing local governments’ hidden debt risks is key to controlling major risks, he said.
Innovative financial tools will be introduced for debt swaps, and the indebted comp
anies will be allowed to choose the same way, under guidance from the local governments, Liu Shangxi, hea
d of the Chinese Academy of Fiscal Sciences, the Ministry of Finance’s think tank, told China Daily.
“The total amount of hidden debt waiting to be swapped has not yet been calculated, as this
round of debt swaps will not involve the government’s administrative orders, but depends on the ma
rket’s appetite based on the evaluation of the potential default risks and the companies’ solvency,” he said.
lliance on international disaster risk reduction, which included around 30 institution
s and universities from countries including Italy, Belgium, Nepal, Pakistan and Sri Lanka.
The alliance will serve as a new platform for international coordinati
on and provide scientific support for disaster relief and sustainable development.
The conference was co-hosted by the Chinese Academy of Sciences, the China Association for Science and Technology, the U
nited Nations Environment Program, the UN Office for Disaster Risk Reduction and the Alliance of Int
ernational Science Organizations, a group created to connect the scientific communities of BRI participants.
Bai Chunli, president of the academy, said in the conference’s opening ceremony on Saturday that areas along the Si
lk Road are prone to various natural disasters that have resulted in massive loss of life and economic damage.