BEIJING: China published its first “green development” index on Tuesday, listing regional governments which promote environmentally friendly development, with Beijing coming out top.
But it came second-to-last in a survey of public satisfaction.
The heavily polluted capital was first in the ranking of 31 provinces and regions for 2016, which was published by the National Bureau of Statistics, followed by Fujian and Zhejiang provinces, while Tibet and Xinjiang were the lowest ranked regions.
Hebei province, which surrounds Beijing and is home to several cities with some of the worst air pollution in the world, was ranked 20th.
President Xi Jinping said in October that fighting pollution was one of China’s key tasks through 2020, and the government has vowed to reduce air pollution across 28 northern cities this winter.
“By measuring overall progress on ecological civilization construction over the last year, the annual evaluation guides all regions to push forward green development, and implement ecological civilization construction,” statistics bureau head Ning Jizhe wrote in a note along with the data release.
The National Development and Reform Commission, the Ministry of Environmental Protection and the Communist Party’s Organization Department jointly published the data with the statistics bureau.
While Beijing was top in the green index, the capital came in 30th out of 31 regions in a separate survey of public satisfaction with the environment published along with the green index data on the statistics bureau website.
Tibet came in first in public satisfaction with the environment.
In explaining the discrepancy, Ning wrote that the two indicators measured different things.
The green index was based on 55 statistical parameters and took into account investment in cleaning up the environment and use of resources, and reflected progress on moving toward a better environment.
China plans to conduct the evaluation annually, Ning said.
Beijing tops China’s first ‘green development’ index, but sinks in public opinion
Beijing tops China’s first ‘green development’ index, but sinks in public opinion
Closing Bell: Saudi main index closes in red at 10,847
RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Wednesday, losing 58.51 points, or 0.54 percent, to close at 10,847.93.
The total trading turnover of the benchmark index was SR3.78 billion ($1 billion), as 73 of the listed stocks advanced, while 187 retreated.
The MSCI Tadawul Index decreased, down 7.09 points or 0.48 percent, to close at 1,472.98.
The Kingdom’s parallel market Nomu lost 178.75 points, or 0.77 percent, to close at 22,916.83. This comes as 30 of the listed stocks advanced, while 37 retreated.
The best-performing stock was the Power and Water Utility Co. for Jubail and Yanbu, with its share price surging by 8.47 percent to SR31.24.
Other top performers included Saudi Paper Manufacturing Co., which saw its share price rise by 6.13 percent to SR53.70, and Jamjoom Pharmaceuticals Factory Co., which saw a 4.58 percent increase to SR137.
On the downside, the worst performer of the day was CHUBB Arabia Cooperative Insurance Co., whose share price fell by 5.14 percent to SR17.53.
Saudi Kayan Petrochemical Co. and Arabian Internet and Communications Services Co. also saw declines, with their shares dropping by 4.87 percent and 4.43 percent to SR4.88 and SR181.40, respectively.
On the announcement front, Saudi Kayan Petrochemical Co. announced its annual financial results for 2025, with sales dropping 3.06 percent year-on-year to SR8.45 billion. The company also recorded a net loss of SR893.86 million.
In a Tadawul statement, the company said the net loss and decline in annual sales were driven by a drop in average selling prices, despite higher sales volumes.
