BizChina

Meituan and Hallo shared bikes at Zhoujiazhuang North Road of Beijing on 16th Sep 2022.

China's popular bike-sharing is helping achieve the country's green goals as the pedaling activity contributes to carbon reduction.

Over the past year, users of shared bicycles and e-bikes via internet platform Meituan have saved 436,500 tonnes of carbon dioxide by cycling, the company said in a report released ahead of World Cycling Day.

EV Charging Station of Xpeng.

With more cities releasing policies on new energy vehicle battery swapping, the sector is expected to usher in a boom and better support the development of NEVs.

Earlier this month, Chongqing in Southwest China released their NEV battery swapping pilot plan, saying that the city will set up more than 200 battery-swap stations and promote more than 10,000 NEVs capable of battery swapping by 2023.

Disinfection of China-Europe Railway Express at Suzhou station in pandemic.

China's rail cargo volume, a key indicator of economic activities, rose 10.1 percent year on year and hit a record high in April, data from the China State Railway Group Co., Ltd. (China Railway) showed.

China's power consumption is expected to rise between 5 percent and 6 percent in 2022, according to a report from the China Electricity Council.

Uncertainties such as the COVID-19 epidemic both at home and abroad, international situations and temperatures in the summer and the winter will affect the country's power consumption, the report said.