Ma Jun, President of the Beijing Institute of Finance and Sustainability, was awarded the International Green Finance Lifetime Achievement Scientific Award of the Magyar Nemzeti Bank, the central bank of Hungary. We sat down with the world-renowned policy advocate for green and sustainable finance at the Budapest Eurasia Forum.
China's BYD is poised to surpass Tesla Inc as the new worldwide leader in fully electric vehicle (EV) sales, Bloomberg writes, adding that "when it does – likely in the current quarter – it will be both a symbolic turning point for the EV market and further confirmation of China’s growing clout in the global automotive industry".
The Indonesian capital of Jakarta, with a population of around 10 million, has been suffering from extreme land subsidence for decades and, to address this, President Joko Widodo announced the Nusantara project in 2019, a new capital city on the island of Borneo, which would ease pressure on Jakarta, which suffers from intense congestion and extremely high pollution levels.
The Dubai Future Foundation (DFF) was established in 2016 in the United Arab Emirates and is currently led by CEO Khalfan Belhoul and chaired by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai himself. DFF's aim is not only to promote forward thinking and innovation in the country.
China's first domestically built large-scale cruise ship, also the world's first 5G cruiser, Adora Magic City, has successfully undergone a series of tests on its second trial voyage, and it will return on Tuesday as planned, according to CCTV.com.