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Guo Tingting, Chinese Vice Minister of Commerce, attends the China Development Forum in Beijing on March 25, 2024. "China will fully guarantee national treatment for foreign companies, so that more foreign companies can invest in China with confidence and peace of mind," Vice Commerce Minister Guo Tingting said at the China Development Forum in Beijing. China pledged on Monday to treat foreign companies the same way as domestic peers in a bid to attract more foreign investment, cooperation and expertise, as Asia's largest economy moves to upgrade and strengthen its industrial chains. In response, China has stepped up efforts to address concerns of foreign investors, pledging to protect the rights of foreign companies and promising to further enlarge entry into its markets. Over 100 overseas executives and investors have attended the annual China Development Forum since the weekend, including companies with deep supply chains in China such as Apple and Siemens .
Persons: Guo Tingting, Guo, Li Qiang, Stephen von Schuckmann, CGTN, We're, Information Technology Jin Zhuanglong, Jin, Kristalina Georgieva Organizations: Commerce, China Development Forum, Trade Organization, WTO, Sunday, ZF Group, Apple, Siemens, Industry, Information Technology, Monetary Fund's Locations: Beijing, China, consultancies, United States
But he added that the records were unsurprising, given that ocean heat is being supercharged by human-caused global warming, a series of marine heatwaves and El Niño, a natural climate pattern marked by higher-than-average ocean temperatures. Global ocean warmth can add more power to hurricanes and other extreme weather events, including scorching heat waves and intense rainfall. Ocean heat sets the stage for more ferocious hurricanes. “Measuring ocean warming allows us to track the status and evolution of planetary warming,” Schuckmann told CNN. But, she added, it’s currently impossible to predict when ocean heat will drop below record levels.
Persons: , Joel Hirschi, El, Karina von Schuckmann, Brian McNoldy, ” Hirschi, ” Schuckmann, it’s, Derek Van Dam Organizations: CNN, National Oceanic, Atmospheric Administration, University of Maine’s, National Oceanography, University of Miami Rosenstiel School Locations: Australia, France
Sea Surface Temperature Anomaly on July 31, 2023 –6°F 0° +6° +9° Atlantic Ocean Pacific Ocean Pacific Ocean Indian Ocean Sea Surface Temperature Anomaly on July 31, 2023 –6°F 0° +6° +9°What This Year’s ‘Astonishing’ Ocean Heat Means for the PlanetBrutal heat waves have baked the world this summer and they haven’t been contained to land. Note: Average sea surface temperatures for ocean areas between 60 degrees north and 60 degrees south latitude are shown. The planet’s average sea surface temperature spiked to a record high in April and the ocean has remained exceptionally warm ever since. Some have suggested that international rules aimed at reducing air pollution from maritime shipping could have inadvertently increased ocean warming. Warmer ocean temperatures also provide more fodder for tropical cyclones and atmospheric river storms.
Persons: Jan, , Gregory Johnson, El, Michelle L’Heureux, Zeke Hausfather, Hausfather, El Niño, von Schuckmann, Dr, Johnson Organizations: Mar, University of Maine, National Oceanic, Atmospheric Administration, Lawrence Livermore National Laboratory Locations: Atlantic, Florida, Berkeley, Tonga
Von Schuckmann said the jury is still out: “We certainly have studies to show that sunscreen used on a daily basis reduces skin aging. There are two types of sunscreen ingredients: mineral and chemical. In general, sunscreens are more effective at stopping the shorter UVB rays than the longer UVA rays. Sun protection factor, or SPF, only refers to how well the sunscreen prevents a sunburn, meaning how well it blocks UVB. When it comes to choosing the best sunscreen to prevent signs of aging, Dr.
Persons: Henry Lim, Von Schuckmann, Frey, , Organizations: Henry Ford Health, American Academy of Dermatology, UVA, Food and Drug Administration Locations: United States, Europe
CNN —Ocean surface heat is at record-breaking levels. Since La Niña ended in March, ocean temperatures seem to be on a rebound, scientists say. Worrying impacts of ocean warmingWhatever the reasons behind the increase in ocean heat, the impacts are potentially catastrophic if temperatures continue to head off the charts. For now, ocean surface temperatures have started to fall, even if they remain high for this time of year. As scientists continue to analyze the reasons for record ocean warming, they are clear records will continue to be smashed as the climate crisis intensifies.
Wolfspeed to build $3-bln EV chip plant in Germany
  + stars: | 2023-02-01 | by ( ) www.reuters.com   time to read: +3 min
BERLIN/FRANKFURT, Feb 1 (Reuters) - U.S. chipmaker Wolfspeed (WOLF.N) will build a $3-billion chip plant in Germany, with automotive supplier ZF (ZFF.UL) investing $185 million for an equity stake, company officials said on Wednesday, confirming an earlier Reuters report. ZF's share of the factory's chip output will be defined by a separate contractual agreement, the companies said. "This is an important sign that Germany continues to be attractive even in difficult circumstances for high-tech investments," he said. "Amid the concerns that the U.S. wants to divert investments from Europe with its Inflation Reduction Act, we're showing that a U.S. firm wants to invest in Germany," a German government source said. The company announced in September a new plant in the United States due for completion in 2030.
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