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China Railway Corporation (CRC) to Dispatch 187 Additional Trains to accommodate the Travel Rush

During the New Year holiday, hundreds of millions of people go back to their hometowns to meet relatives and old friends, putting huge stress on the transport system

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China to build more high speed trains in near future,pixabay
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BEIJING, JANUARY 3, 2016: China Railway Corporation (CRC) announced it would dispatch 187 additional trains to accommodate the travel rush during the last day of the three-day New Year holiday on Monday.

The CRC said 9.58 million trips were expected on Monday, Xinhua news agency reported.

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About 7.45 million train trips were made on Sunday, the second day of the holiday, surging 11.3 percent year-on-year, the CRC said.

Traffic in major cities rose significantly during the holiday, said the operator of the world’s largest high-speed rail network.

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Some 786,000 passengers left Beijing by trains on Sunday, a year-on-year rise of 18.9 per cent.

More than 1.61 million left Shanghai, jumping 18.1 percent, and 1.1 million left Guangzhou, up 15.8 percent.

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During the New Year holiday, hundreds of millions of people go back to their hometowns to meet relatives and old friends, putting huge stress on the transport system. (IANS)

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Apple Launches a $300 Million Fund to Bring Clean Energy to China

In September 2016, Apple opened its first China R&D centre in Beijing's Zhongguancun Science Park, often referred to as "China's Silicon Valley"

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The China Clean Energy Fund will be managed through a third party, DWS Group, which specialises in sustainable investments and will also invest in the fund, Apple said.
The China Clean Energy Fund will be managed through a third party, DWS Group, which specialises in sustainable investments and will also invest in the fund, Apple said. Pixabay

Amid heightened trade tensions between the US and China, tech giant Apple has joined hands with its suppliers to launch a $300 million clean energy fund in China.

The “China Clean Energy Fund” will invest in and develop clean-energy projects totalling more than 1 gigawatt of renewable energy in China, the equivalent of powering nearly 1 million homes, Apple said in a statement on Thursday.

“At Apple, we are proud to join with companies that are stepping up to address the climate challenge,” said Lisa Jackson, Apple’s Vice President of Environment, Policy and Social Initiatives.

The Cupertino, California-headquartered tech giant said 10 of its initial suppliers have come forward to jointly invest in the nearly $300 million fund over the next four years.

“We’re thrilled so many of our suppliers are participating in the fund and hope this model can be replicated globally to help businesses of all sizes make a significant positive impact on our planet,” Jackson said.

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Apple in 2017 announced it would invest nearly $500 million in China to build two new R&D centres in Shanghai and Suzhou. Pixabay

By virtue of its size and scale, the China Clean Energy Fund will give its participants the advantage of greater purchasing power and the ability to attain more attractive and diverse clean energy solutions.

The China Clean Energy Fund will be managed through a third party, DWS Group, which specialises in sustainable investments and will also invest in the fund, Apple said.

Also Read: Apple Updates MacBook Pro with Faster Performance And New Features for Pros

The announcement to invest in the clean energy fund in China follows Apple’s announcement earlier in 2018 that its global facilities are powered by 100 per cent clean energy and the launch of its Supplier Clean Energy Programme in 2015.

Apple in 2017 announced it would invest nearly $500 million in China to build two new R&D centres in Shanghai and Suzhou.

In September 2016, Apple opened its first China R&D centre in Beijing’s Zhongguancun Science Park, often referred to as “China’s Silicon Valley”. (IANS)