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Canada's trade data is bleak. The central bank may cut interest rates further in the near future?
Source: | Author:finance-60 | Publish time: 2016-08-20 | 1529 Views | Share:
Canada's trade data in June was bleak, and the trade deficit expanded to a record. The analysis pointed out that the economy is still in a weak state. The market is worried that the central bank's export forecast is too optimistic. It is expected that the Bank of Canada may cut interest rates further in the near future.
The 4th "China-UK Ministerial Energy Dialogue" was held in London, England from October 18th to 21st. The China Hydropower Corporation's Hydropower General Hospital and the British Renewable Energy Office jointly signed the "China-UK Offshore Wind Power Industry Cooperation Steering Committee Cooperation. protocol".

The dialogue between China's National Energy Administration and the UK's Ministry of Energy and Climate has renewed a memorandum of understanding on energy cooperation. Relevant enterprises and institutions have signed five cooperation agreements in the fields of offshore wind power and civil nuclear power. At a time when China-UK diplomatic relations entered a golden age, the energy dialogue pushed the cooperation in the energy field between the two countries to a new climax.

The dialogue was jointly hosted by the National Energy Administration of China and the UK Department of Energy and Climate Change. The delegation participated in four sub-forums of energy reform, nuclear energy, wind power and new energy technologies. At the offshore wind power sub-forum, Deputy Director Zhu Ming of the New Energy Department of the National Energy Administration and Michael Luther, Director of the Clean Energy Division of the UK Energy and Climate Department, delivered a speech. Vice President Yi Yuechun of the General Hospital of Hydropower made a keynote speech, detailing the development trend of China's offshore wind power and the trend, opportunities and challenges of cost reduction.

The two sides jointly established the Sino-British Offshore Wind Power Industry Cooperation Steering Committee. In the next step, the two sides will, under the guidance of the energy authorities of the two countries, use the cooperation agreement as the framework to accelerate the development of the wind power industry and comprehensively and pragmatically promote the cooperation between China and the UK on offshore wind power industry. And open huge investment opportunities for the industry.
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