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	<title>shenzhen &#8211; Bitfinance</title>
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	<title>shenzhen &#8211; Bitfinance</title>
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		<title>Chinese city is an energy transition laboratory</title>
		<link>https://bitfinance.news/en/chinese-city-is-an-energy-transition-laboratory/</link>
		
		<dc:creator><![CDATA[Marilin Pino]]></dc:creator>
		<pubDate>Fri, 08 Dec 2023 20:00:05 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[States & entities]]></category>
		<category><![CDATA[electric bus network]]></category>
		<category><![CDATA[energy transition]]></category>
		<category><![CDATA[innovation]]></category>
		<category><![CDATA[shenzhen]]></category>
		<category><![CDATA[southern China]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=101494</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="800" src="https://bitfinance.news/wp-content/uploads/2023/12/loong-xu-v4bFq48a9aM-unsplash.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="La ciudad de Shenzhen, al sur de China, es piloto en la transición energética y funciona con una red de autobuses públicos 100 % eléctrica desde 2017" decoding="async" fetchpriority="high" srcset="https://bitfinance.news/wp-content/uploads/2023/12/loong-xu-v4bFq48a9aM-unsplash.jpg 1200w, https://bitfinance.news/wp-content/uploads/2023/12/loong-xu-v4bFq48a9aM-unsplash-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2023/12/loong-xu-v4bFq48a9aM-unsplash-1024x683.jpg 1024w, https://bitfinance.news/wp-content/uploads/2023/12/loong-xu-v4bFq48a9aM-unsplash-768x512.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>Since 2017, the city of Shenzhen, in southern China, has been experimenting with a network of 100 % electric buses for public transport and is a pilot in the energy transition. Users in the area can travel to their workplace, study or wherever they wish in buses that do not emit any noise and without [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/chinese-city-is-an-energy-transition-laboratory/">Chinese city is an energy transition laboratory</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news/en">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="800" src="https://bitfinance.news/wp-content/uploads/2023/12/loong-xu-v4bFq48a9aM-unsplash.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="La ciudad de Shenzhen, al sur de China, es piloto en la transición energética y funciona con una red de autobuses públicos 100 % eléctrica desde 2017" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2023/12/loong-xu-v4bFq48a9aM-unsplash.jpg 1200w, https://bitfinance.news/wp-content/uploads/2023/12/loong-xu-v4bFq48a9aM-unsplash-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2023/12/loong-xu-v4bFq48a9aM-unsplash-1024x683.jpg 1024w, https://bitfinance.news/wp-content/uploads/2023/12/loong-xu-v4bFq48a9aM-unsplash-768x512.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p style="text-align: justify;">Since 2017, the <strong>city of Shenzhen, in southern China,</strong> has been experimenting with a <strong>network of 100 % electric buses for public transport</strong> and is a pilot in the energy transition.</p>
<p style="text-align: justify;">Users in the area can travel to their workplace, study or wherever they wish in buses that do<strong> not emit any noise and without CO2 emissions.</strong> Shenzhen is an example for other cities in the country that want to implement<strong> clean transportation before 2025.</strong></p>
<p style="text-align: justify;">In this sense, it is worth mentioning that the city, “bordering Hong Kong and home to numerous technology companies, has also electrified the majority of its taxis.”</p>
<p style="text-align: justify;">Electric buses contribute less to <strong>global warming t</strong>han cars and trucks. “The International <strong>Energy Agency (IEA)</strong> estimates the potential reduction in emissions due to buses at <strong>5 %, in a carbon-neutral scenario in 2050.”</strong> Added to this is that by not emitting noise, they improve the quality of life of the inhabitants.</p>
<p style="text-align: justify;"><strong>China</strong> currently represents more than <strong>90 % of electric buses and trucks in the global market,</strong> according to data for 2021 from the International Council on Clean Transportation (ICCT).</p>
<p style="text-align: justify;">Drivers of the city&#8217;s electric grid buses indicate that they are <strong>comfortable, easy to drive, clean and safe.</strong> Likewise, they highlight that they have the same performance as diesel ones.</p>
<p style="text-align: justify;">The initiative was possible thanks to a<strong> strong investment</strong> in this market, particularly in the <strong>car manufacturing company BYD</strong>, a world leader in this segment, based in Shenzhen.</p>
<p style="text-align: justify;">M.Pino</p>
<p>Source: <a href="https://www.swissinfo.ch/spa/shenzhen--la-ciudad-china-que-funciona-s%C3%B3lo-con-autobuses-el%C3%A9ctricos/49031532" target="_blank" rel="noopener">swissinfo</a></p>
<p><em>(Reference image source: loong xu. Unsplash)</em></p>
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<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/chinese-city-is-an-energy-transition-laboratory/">Chinese city is an energy transition laboratory</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news/en">Bitfinance</a>.</p>
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			</item>
		<item>
		<title>China continues to test the digital yuan</title>
		<link>https://bitfinance.news/en/china-continues-to-test-the-digital-yuan/</link>
		
		<dc:creator><![CDATA[Krystian Tovar]]></dc:creator>
		<pubDate>Wed, 18 May 2022 14:45:46 +0000</pubDate>
				<category><![CDATA[Cryptocurrencies]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[cryptocurrencies]]></category>
		<category><![CDATA[digital currencies]]></category>
		<category><![CDATA[digital yuan]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[shenzhen]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=80782</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"></div><p>The Chinese government is planning to hand out about 15 million yuan worth of CBDC to about 130,000 residents of the Shenzhen community. These coins will be accepted in at least five thousand stores, with no minimum purchase required to be used. The People&#8217;s Bank of China is still testing their CBDC and as part [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/china-continues-to-test-the-digital-yuan/">China continues to test the digital yuan</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news/en">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"></div><p style="text-align: justify;">The <strong>Chinese government</strong> is planning to hand out about <strong>15 million yuan</strong> worth of CBDC to about<strong> 130,000 residents of the Shenzhen community</strong>.</p>
<p style="text-align: justify;">These coins will be accepted in at least five <strong>thousand stores,</strong> with no minimum purchase required to be used.</p>
<p style="text-align: justify;">The <strong>People&#8217;s Bank of China</strong> is still testing their CBDC and as part of the testing they are running this giveaway. A total of 130,000 red packets will be distributed through a Wechat paid raffle system.</p>
<p style="text-align: justify;">Reports reveal that this is the first time that the digital yuan in question has been issued by <strong>eight pilot banks.</strong> It has also been included in other sectors, such as restaurants and supermarkets, for a certain period of time.</p>
<p style="text-align: justify;">Due to a new Omicron outbreak reported in <strong>Shenzhen,</strong> the People&#8217;s Bank of China has reportedly been promoting the coin to <strong>benefit residents.</strong></p>
<p style="text-align: justify;">K. Tovar</p>
<p style="text-align: justify;">Source: <a href="https://es.cointelegraph.com/news/china-continues-with-its-tests-giving-digital-yuan-to-citizens" target="_blank" rel="noopener">Cointelegraph</a></p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/china-continues-to-test-the-digital-yuan/">China continues to test the digital yuan</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news/en">Bitfinance</a>.</p>
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