Food got expensive in September

Business briefs from the Chinese media โ€” Friday October 14

Food got expensive in September: According to the National Bureau of Statistics, the Consumer Price Index (CPI) jumped by 2.8% in September, an increase of 0.3 percentage points month-on-month and the biggest increase since April 2020. Food prices rose by 8.8%, an increase of 2.7 percentage points month-on-month.

Highest solar farm and largest wind turbine: Earlier today, the world’s first ultra-high-altitude photovoltaic demonstration base, located at an altitude of more than 14,000 feet with a capacity of 600 MW, was connected to the grid in Sichuan Province. Yesterday, Goldwindโ€™s ้‡‘้ฃŽ็ง‘ๆŠ€ new 13.6 MW large offshore wind turbine, with the worldโ€™s largest turbine wheel, rolled off the production line in Fujian Province.

Record high number of delistings: According to the China Association for Public Companies, in the first eight months of 2022, a total of 46 Chinese companies have been delisted from the A-share market, an increase of 130% compared to the whole of 2021, and a record high.