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China's "capital of small commodities" sees surge in Olympic orders

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China's "capital of small commodities" sees surge in Olympic orders

2024-07-27 17:31 Last Updated At:18:07

Fueled by the Olympic fever, orders for sports merchandise have inundated Yiwu, the world's largest wholesale market for small commodities located in east China's Zhejiang Province, which is displaying magnetic force with stylish product designs to cater to vast sports traders and fans.

At Yiwu International Trade Market, many sports equipment exporters reported a growth in overseas orders.

"The track of Paris 2024 Olympic Games is lavender. I used this purple as the inspiration and designed this football. The whole design process took approximately over a month, and we've sold 20,000 units. Certain customers, particularly those from France, have opted for urgent air freight delivery," said Chen Shaomei, owner of a football shop at the market.

Many traders also highlighted that various French elements have been a unique selling point for their products.

"Metal trophies with French elements like these are very popular in Europe and are our best-selling products. Their designs consist of crowns and ribbons. Their sizes are also suitable for many awards," added Fang Xueyi, a merchant at Yiwu International Trade Market.

According to statistics from Yiwu Customs, the city's exports to France stood at 1.73 billion yuan (around 238.61 million U.S. dollars) in the first half of this year, surging 23.7 percent year on year. Notably, Yiwu's exports for sporting goods increased by 150.7 percent over the same period of last year.

China's "capital of small commodities" sees surge in Olympic orders

China's "capital of small commodities" sees surge in Olympic orders

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China's largest integrated PV-hydrogen-storage project begins power generation

2025-01-04 06:39 Last Updated At:07:27

China's largest integrated photovoltaic(PV)-hydrogen-storage project located in Jiangsu Province was connected to the grid and begun power generation from Tuesday, said state-owned energy firm CHN Energy Friday.

Located on the coastal tidal flats of the Yudong Reclamation Area in Rudong County, it is China's first integrated offshore facility combining PV power generation, hydrogen production and refueling, and energy storage, all within a framework of comprehensive energy utilization and coastal ecological restoration.

The 400-megawatt project, spanning 4,300 mu (around 286.67 hectares), incorporates a newly constructed 220 kV onshore booster station, a 60 MW/120 MWh energy storage facility, and a hydrogen production and refueling station with a capacity of 1,500 cubic meters per hour and 500 kilograms per day, respectively.

Part of China's third batch of Desert, Gobi and Rocky Areas Mega Wind and Solar Base Projects, the Rudong facility is expected to generate around 468 million kilowatt-hours of electricity annually.

The project is expected to deliver significant environmental benefits, including an annual reduction of approximately 309,400 tons of carbon dioxide emissions, 562.6 tons of sulfur dioxide emissions, and 1,125.3 tons of nitrogen dioxide emissions.

China's largest integrated PV-hydrogen-storage project begins power generation

China's largest integrated PV-hydrogen-storage project begins power generation

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