[China National Chemical Engineering signed an agreement with Yunnan Province]On September 18, 2021, deepen the cooperation between the central and local governments, integrate into the One Belt One Road, and help the construction of the radiation center-the symposium on project cooperation between Yunnan Province and central enterprises was held in Kunming. Hao Peng, Secretary of the Party Committee and Director of the State-owned Assets Supervision and Administration Commission of the State Council, Ruan Chengfa, Secretary of the Yunnan Provincial Party Committee and Director of the Standing Committee of the Provincial People's Congress, and Wang Yubo, Deputy Secretary of the Yunnan Provincial Party Committee and Governor of Yunnan Province, attended the meeting and delivered speeches. Relevant leaders of the State-owned Assets Supervision and Administration Commission of the State Council, and relevant leaders of the Yunnan Provincial Party Committee and the Provincial Government attended the meeting. Dai Hegen, Secretary of the Party Committee and Chairman of China National Chemical Engineering Group Co., Ltd., attended the meeting and signed a strategic cooperation agreement with the Yunnan Provincial People's Government on behalf of China National Chemical Corporation. Editor/Xing Wentao
On February 28, 2026, the security risks in the Middle East continued to rise, with the United States, the United Kingdom, France, and others withdrawing non essential personnel from Iran and Israel, and multiple countries issuing travel bans. The Chinese Ministry of Foreign Affairs reminds citizens not to travel to Iran temporarily and to evacuate personnel in Iran as soon as possible. Regional tensions have pushed up international energy prices, and global market risk aversion has intensified.Editor/Bian Wenjun
The People's Bank of China announced that from March 2, 2026, the foreign exchange risk reserve ratio for forward foreign exchange sales business will be reduced from 20% to 0. This move will significantly reduce the cost of currency hedging for foreign trade enterprises, support the stable development of the real economy, promote the smooth operation of the foreign exchange market, and release the policy intention of stabilizing foreign trade and expectations.Editor/Bian Wenjun