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BEIJING -- China will cut the retail prices of gasoline and diesel starting Wednesday, the country's top economic planner said Tuesday. The prices of gasoline and diesel will go down by 320 yuan (about $47.81) per ton and 310 yuan per ton, respectively, according to the National Development and Reform Commission. The move marks the 2nd fuel-price decrease since the beginning of this year. Under the current pricing mechanism, if international crude oil prices change by more than 50 yuan per ton and remain at that level for 10 working days, the prices of refined oil products such as gasoline

The first Hainan International Offshore Duty-Free Shopping Festival kicked off in Sanya, South China"s Hainan province, on June 28. The international tourism island sets to hold more than 50 promotional events during the half-year festival period to boost the recovery of duty-free shopping, according to China News Service.

GUANGZHOU -- Erected on sea water, arrays of photovoltaic panels glow in the sun while fishers paddle in the interspace. This is not a plot in science fiction movies, but an actual scene in Haiyan township, Jiangmen city, South China"s Guangdong province. As a manufacturing heartland and leading foreign trade province, Guangdong accounted for 10.9 percent of China's GDP last year, with only around 7 percent of the country's energy consumption, according to the National Bureau of Statistics. Renewable energy development At the end of 2021, the first phase of a 500-megawatt solar power project was launched in the township.