BEIJING: * China will build new liquefied natural gas (LNG) terminals and expand the capacity of existing terminals in its Greater Bay area, China's cabinet said on Monday, according to a report by official news agency Xinhua.
* Beijing wants to turn Hong Kong, Macau and nine neighbouring cities in southern Guangdong province into an economic powerhouse dubbed the Greater Bay Area.
* Under new guidelines for development of the area approved by the cabinet, the aim is to build a low-carbon and efficient energy system.
* China will accelerate construction of large-scale oil reserve sites and consider launching a futures exchange for carbon emissions trading in Guangzhou.