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Authorities in China's northwestern province of Qinghai and a district in neighbouring Xinjiang ordered cryptocurrency mining projects to close this week, as local governments put into practice...
Authorities in China's northwestern province of Qinghai and a district in neighbouring Xinjiang ordered cryptocurrency mining projects to close this week, as local governments put into practice Beijing's call to crack down on the industry.
(1) BEIJING, Jan. 6, 2021 /PRNewswire/ -- GCL System Integration (GCLSI) will further expand its presence in the new energy industry as the Chinese authorities have rolled out a series of favorable policies for development of the industry. With the aid of these policies, GCLSI has accelerated its expansion on the domestic market and put a number of new energy projects into production. In early December, GCLSI launched a production base for photovoltaic (PV) modules in Hefei, capital of east China'sAnhui Province. With a total investment of 18 billion yuan (about 2.75 billion U.S. dollars), the production base will be built in four stages between 2020 and 2023, with the first 15GW capacity under construction now.