Foreign
China sets in motion national carbon emission trading market
China’s high-profile national carbon emission trading market commenced trading on July 16. Power generation industry will be the first among all industries to try the new trading system, and the market will only allow spot trading in carbon emissions quotas among key emitters of the power generation industry during its start-up stage, according to a press briefing held on July 14.
This year marks the first implementation cycle of China’s national carbon market, which has included more than 2,000 key carbon dioxide emitters in the power generation industry in the first batch of trading, said Zhao Yingmin, vice minister of China’s Ministry of Ecology and Environment (MEE), at the press briefing held by the State Council.
The aggregate annual amount of carbon dioxide emissions of the power companies included in the first batch of trading exceeds four billion tons, which means China’s national carbon emission trading market will become the world’s largest carbon market in terms of the volume of greenhouse gases it handles.
Carbon emission trading refers to the buying and selling of the rights to emit carbon dioxide like commodities. Before trading, the government allocates carbon emissions quotas, or the rights to emit carbon dioxide, to enterprises and other key emitters of carbon dioxide.
A company that manages to keep its actual carbon emissions below its quota by increasing investment in R&D and enhancing technological innovation can sell the rest of its granted quota on the trading market. Likewise, if a company’s actual amount of carbon emissions surpasses its quota, it needs to buy carbon emissions right from other companies at market price to offset its excess carbon emissions.
The carbon emission trading market represents a major institutional innovation of China to control and reduce greenhouse gas emissions and promote green and low-carbon development by leveraging market mechanisms.
The carbon emission trading market is expected to be an important scheme for China to realize the goal of peaking carbon dioxide emissions by 2030 and achieving carbon neutrality by 2060, according to Zhao, who added that the practice of foreign countries has proven that carbon market is a policy instrument for realizing certain carbon emission reduction goals at a relatively low cost.
Compared to traditional administrative means, establishing a carbon market can not only make enterprises take responsibility for the control of greenhouse gas emissions, but provide corresponding economic incentive mechanisms for carbon emission reduction, thus lowering the cost of reducing carbon emissions for the whole society, driving innovation and investment in green technologies, and offering effective tools for properly handling the relationship between economic development and carbon emission reduction, Zhao explained.
It should be noted that the quality of carbon emissions data of enterprises is particularly important for fair allocation of carbon emission quotas across the country. According to Zhao, China adopts a unified, open, and transparent method of allocating carbon emission quotas and makes the authenticity and accuracy of carbon emissions data the utmost priority in the construction of the national carbon market.
Since the national carbon market is expected to guide optimal allocation of resources for carbon emission reduction according to prices, how the transaction price for trading is set and what level it will be kept at have drawn wide attention.
From a microcosmic and near-term perspective, the transaction price is determined by the supply and demand of the quotas, while macroscopically and in the long run, it is determined by the overall situation of and trend in economic operation and industry development, Zhao noted.
The transaction price of carbon emissions trading should be neither too high nor too low, according to Zhao, who explained that if the price is too low, it will dampen enterprises’ enthusiasm for reducing carbon emissions; but if the price is too high, it will overburden some companies with heavy carbon emissions.
According to the seven pilot carbon trading programs, the weighted average carbon prices have been around 40 yuan (about $6.2) a ton in the recent two years, Zhao said at the press briefing.
On the basis of sound initial operation of the national carbon emission trading market, China will include more industries with heavy carbon emissions, such as iron and steel, non-ferrous metal, petrochemical, as well as aviation, into the market, according to the press conference.
The MEE will make continuous efforts to improve supporting institutional systems, promote the introduction of interim regulations on the management of carbon emission trading, and complete relevant technical regulations, standards, and management systems, Zhao said.
By Liu Yi, People’s Daily
Foreign
Sanxingdui Museum transforms ancient relics into interactive experiences
By Song Haoxin, People’s Daily
What if museum visitors could truly interact with cultural relics rather than merely observe them through glass displays? At the Sanxingdui Museum in southwest China’s Sichuan province, a specially designed interactive hall is revolutionizing cultural engagement.
Within this 1,300-square-meter space, nearly every exhibit invites touch, operation, or participation. Visitors immerse themselves in installations inspired by the ancient Shu civilization, blending education with entertainment.
By trying on replicas of headwear on bronze statues discovered in Sanxingdui Ruins, for example, visitors can not only take photos of themselves but also learn about the symbolic meanings behind different headpieces.
Guests can don replicas of bronze statue headwear from the Sanxingdui Ruins, learning their symbolic meanings while capturing photos. Augmented reality allows dancing alongside virtual Sanxingdui figures for social media sharing. A creation zone even enables “time travel” to experience ancient bronze-casting and construction techniques.
These innovations transform traditional museum visits, offering deeper cultural understanding through hands-on interaction. “This hall emerged from extensive brainstorming,” explained Zhu Yarong, deputy director of the management committee of the Sanxingdui Ruins site.
“We’re transitioning from passive relic viewing to interactive engagement, bridging the gap between audiences and history.”
Previously, museum experiences were largely one-directional with limited engagement. Visitors viewed relics through display cases, usually stopping mainly to take photographs, with relatively limited forms of engagement. By liberating artifacts from display cases into interactive settings, Sanxingdui is pioneering a shift from didactic presentation to open cultural dialogue.
Traditional exhibition spaces remain popular, while digital innovations attract growing interest. A VR project employs digital twin technology to recreate 1:1 scale excavation sites — complete with protective shelters and cabins — placing visitors at the archaeological forefront.
Another project, Heaven and Earth Echoes — Sanxingdui Panoramic Sound and Vision Digital Art Theater, features an interactive panoramic LED dome with a diameter of 20 meters and a resolution approaching 16K. The massive dome creates a deeply immersive atmosphere. By waving digital torches in their hands, visitors can trigger sacred birds to circle above them across the dome, experiencing the ancient Shu civilization through an interplay of sound and imagery.
“The digital technology made me feel as if I were racing across the Mamu River. That sense of traveling through time was incredible,” said Hao Yong, a tourist from southwest China’s Chongqing municipality who came specifically to experience a virtual reality program.
From passive observation to active participation, Sanxingdui Museum continues introducing new interactive experiences that transform cultural relics into living carriers of dialogue and engagement, helping keep the sparks of Chinese civilization alive for new generations.
Foreign
A living testimony about MKA: The Aondoakaa that I know Written By Brahms Tor-Ikuan
My people of Benue State,
I am not speaking to you today as a politician. I am speaking as a brother whose family was held up by Chief Mike Kaase Aondoakaa, MKA, when we had no one else to hold onto.
My elder brother, Verem Ukaa-Ikuan, was not just my blood. He was a very dear and close friend to Chief MKA. When my brother fell ill and was diagnosed with liver damage caused by poisoning, MKA didn’t treat it as someone else’s problem. He took it on as his own.
He worked closely with Verem during his time as Attorney General of the Federation, and when the sickness came, he moved immediately. Searches were conducted, and Apollo Hospital in India was earmarked for a liver transplant. Every travel arrangement was made personally by Chief MKA.
But we hit a wall. Verem was too weak to fly a long commercial flight. Only an air ambulance could get him to India alive. At that time, there was only one functional air ambulance in the entire country, owned by Julius Berger. It was completely out of reach for even the most high-profile citizens.
Chief MKA went all out. He did not give excuses. He did not delay. He used every connection and every ounce of influence he had to secure that air ambulance for my brother.
On the day it was secured, Barr. Terna Yaji, his Senior Special Assistant, called me a few minutes after 6pm. He told us to prepare Verem for departure and take him to Makurdi airport very early the following morning. I informed him, my brother passed on at exactly 6 o’clock a few minutes ago. I told Barr. Terna Yaji, and I saw a devastated MKA.
During the burial, Chief MKA was out of the country on national assignment. He was pained that he could not be there physically. His entire team, led by the late Onov Tyuulugh, represented him fully. And his message to us at the burial has never left me:
“If death were law, as the Attorney General, a law would have been made no matter what to ensure Verem will just not die but live forever.”
That is who Mike Kaase Aondoakaa is when nobody is watching. He does not abandon his people. He does not forget. He stood with our family then, and he has stood with us till date.
Now he is asking for the chance to govern Benue State.
Benue needs a governor with a heart like that. A governor who fights for you even when there’s no political gain. A governor who sees you as family, not as a vote.
I am standing with Chief Mike Kaase Aondoakaa for Governor of Benue State.
For compassion that moves to action.
For loyalty that does not fade.
For leadership that proves itself in the darkest hour.
Join me. Let us give Benue a leader who has already shown what he will do for us.
God bless Chief Mike Kaase Aondoakaa.
God bless Benue State.
Brahms Tor-Ikuan, a beneficiary of MKA’s benevolence writes from Makurdi
Foreign
China-U.S. relations cannot return to past, but can move toward better future
By Guo Jiping
At the invitation of Chinese President Xi Jinping, U.S. President Donald Trump will pay a state visit to China from May 13 to 15.
After many twists and turns, China-U.S. relations have arrived at a new historical juncture. The year 2026 carries special significance for both countries. China is embarking on its 15th Five-Year Plan period (2026-2030), while the United States celebrates its 250th anniversary.
Amidst increasing global uncertainty and volatility, the international community looks to Beijing, hopeful that this high-level engagement will offer clarity and stability for the future trajectory of China-U.S. relations.
Observers note that over the past decade, the relationship has weathered two significant periods of strain. The first began in 2018 with the U.S. initiation of trade tariffs against China. Stabilization was achieved only after extensive dialogue and complex interactions spanning several years. The second period of tension occurred more recently in 2025. Remarkably, the cycle from rising friction to renewed stability unfolded within just a few months this time.
The progression from years-long to months-long stabilization cycles, and from repetitive friction-dialogue patterns towards clearer strategic direction and consensus-building, reflects China’s consistent approach: readiness to negotiate combined with firm adherence to principles and clear boundaries. China’s demonstrated resilience has garnered international respect and created conditions conducive to resolving differences through dialogue.
Today, China-U.S. dialogue occurs on a more equitable basis. Communication is increasingly pragmatic, with clearer articulation of respective bottom lines. This resilience suggests the potential for a new, more stable chapter in the relationship.
Head-of-state diplomacy plays an irreplaceable strategic guiding role. Last year, when a wave of tariff tensions rattled the world, the two presidents steered China-U.S. economic and trade ties back on course.
Under the guidance of the consensus reached by the two presidents, the teams from both sides have so far held six rounds of consultations and are currently engaged in a new round of talks.
Since the meeting between the two heads of state in Busan last October, China-U.S. relations have generally maintained a stable and improving momentum — a trend widely welcomed by both peoples and the international community.
The strategic guidance provided by the two heads of state helps identify “dangerous reefs” ahead in China-U.S. relations. The Taiwan question is the most important and most sensitive issue at the very core of China-U.S. relations, and it concerns the political foundation of bilateral ties.
Xi has repeatedly elaborated China’s principled position on the Taiwan question to Trump, emphasizing that Taiwan is China’s territory, and China must safeguard its own sovereignty and territorial integrity, and will never allow Taiwan to be separated. Clearly defining principles and bottom lines is precisely the responsible approach needed to prevent serious risks in China-U.S. relations.
The aspiration of the Chinese and American business communities to deepen ties and cooperation has never changed. At present, more than 7,000 Chinese-funded enterprises operate in the United States, while about 80,000 American-invested enterprises are active in China.
These firm choices made at the forefront of the market clearly and powerfully demonstrate the true nature of China-U.S. economic and trade relations: mutual benefit and win-win cooperation.
As China enters the 15th Five-Year Plan period, its commitment to high-quality development and high-standard opening up will create broader incremental space for China-U.S. cooperation.
The will of the people stands as a profound and enduring force shaping the trajectory of China-U.S. relations. Whether at those pivotal moments when China and the United States seized every moment to break the ice, or when bilateral relations slid to a low ebb, the sincere aspiration of the two peoples for mutual understanding and friendship has never changed.
As exchanges deepen and produce tangible results, perceptions are improving positively. More Americans are actively participating in fostering people-to-people friendship, contributing greater rationality and constructive perspectives to the relationship.
In the face of profound changes unseen in a century, China and the United States, as permanent members of the United Nations Security Council and the world’s two largest economies, shoulder even greater responsibilities. Promoting global development, safeguarding peace and security, and improving global governance all require cooperation between the two countries.
This year, China will host the APEC Economic Leaders’ Meeting and the U.S. will host the G20 Summit. Whether the two sides can demonstrate the vision and responsibility expected of major countries, and deliver more tangible benefits to the world, bears directly on the well-being of both peoples and the future of humanity.
China-U.S. relations cannot return to the past, but they can move toward a better future. Both sides should proceed from a sense of responsibility to history, to the people, and to the world, and explore ways to build a strategic, constructive, and stable China-U.S. relationship featuring mutual respect, peaceful coexistence, and win-win cooperation.
-
Uncategorized5 years agoFG, states urged to harness flooding for ranching, others with technology – Agbaje
-
Headlines10 years agoBreaking: EFCC seals Borno House of Assembly, as Hon members take to their heels
-
News12 years agoNigeria Security Operatives Stage Manhunt For Homosexual Perpetrator
-
News9 years agoHow 21-year-old Girl fled community over accusation of lesbianism
-
News10 years agoYobe Gov Moves Against Deputy
-
Opinion7 years ago7 signs she has friend zoned you
-
Technology5 years ago
Online job placement company headhunts women
-
Headlines10 years agoBorno Dep Gov Abducts Another Church Leader
