China’s consumer price index (CPI), a main gauge of inflation, rose 2.3 p
ercent year-on-year in March, the National Bureau of Statistics (NBS) said Thursday.
The increase was up from 1.5 percent in February.
Food prices climbed 4.1 percent year-on-year in March, up from 0.7 perc
ent in February, yet on a month-on-month basis food prices went down 0.9 percent, the NBS said.
Due to low vegetable yields in spring and cold rainy weather, prices of fresh vegetables posted a fast growth of 16.2 perce
nt year-on year in March, contributing 0.42 percentage points to the year-on-year CPI growth.
The growth of the pork price rebounded after declining for 25 consecutive months, rising 5.1 percent year-on-year in March.
On a month-on-month basis, the pork price moderately went up 1.2 percent on average nati
onwide as outbreaks of African swine fever were gradually contained, according to the NBS.
rm has been in operation since Feb 4, 2018.
It is the first Pacific Hydro wind farm in Chile and the first wind farm invested in by China in the South American country.
The $150 million project, financed and constructed by China State Power Investment Corpo
ration, has an installed capacity of 82 MW and will generate about 282 GWh/year, which can meet electri
city demands for 130,000 households and reduce carbon emissions by 157,000 tons per year.
Located in Russia’s Yamal Peninsula in the Arctic, the Yamal liquefied natural gas project reached f
ull production capacity with its three production lines, each of which has a capacity of 5.5 milli
on tons per year, with operations starting in December 2017, August 2018 and December 2018, successively.
The project is the world’s largest of its kind within the Arctic Circle and is also the first m
ega- energy cooperation project implemented in Russia after the Belt and Road Initiative was proposed.
It is owned by Russia’s Novatek (50.1 percent), France’s Total (20 percent), China N
ational Petroleum Corporation (20 percent) and China’s Silk Road Fund (9.9 percent).
Chinese scientist says resilient varieties boost harvests, minimize use of fertilizers
A decadelong agricultural project spearheaded by Chinese scientists has helped alleviate poverty for more than 1.6 million f
arming households in 18 Asian and African countries through cultivation of high-yield and resilient rice strains.
The Green Super Rice project, led by the Chinese Academy of Agric
ultural Sciences, has generated 78 rice varieties that boast an average 20 percent increase in har
vest per hectare while minimizing the use of fertilizers, pesticides and irrigation, said Li Zhikang, a professor and
researcher of rice breeding at the academy and a leading member of the project, on Tuesday.
The total area planted with the varieties in participating countries h
ad expanded to 6.12 million hectares by the end of last year, including around 3.4 million hect
ares in the Philippines, 1.3 million hectares in India and 1.1 million hectares in Vietnam, he said.