[ASEAN China will seek to upgrade China-ASEAN Free Trade Agreement]At the celebration of the 70th anniversary of the establishment of the China Council for the Promotion of International Trade and the Global Trade and Investment Promotion Summit held on May 18, 2022, ASEAN Secretary-General Lim Yuhui said that the economic relationship between ASEAN and China has never been stronger and closer than it is today. Seek to upgrade the ASEAN-China Free Trade Agreement to address new global challenges. Lin Yuhui said: "For decades, CCPIT has successfully promoted China's foreign trade and investment cooperation by strengthening public-private dialogue and business relationships. The economic relationship between ASEAN and China has never been stronger and closer than it is today." Editor/Xing Wentao
The Qinghai Provincial Development and Reform Commission has released the first batch of bidding for independent new energy storage projects on the grid side in 2026, with a total scale of 2GW and an energy storage duration of no less than 4 hours, to be implemented in 5 sections. The project is planned to be connected to the grid by the end of September 2027, and can enjoy an annual compensation of 185 yuan per kilowatt capacity to assist in the construction of new power systems in the province. Editor/Min Jing
The Vietnamese parliament has passed a resolution to increase the scale and configuration standards of the cross-border railway construction in Laojie, Hanoi, and Haiphong, and significantly increase investment. The railway is expected to be completed by 2030, optimizing cross-border trade logistics between China and Vietnam, connecting the China Europe transportation corridor, improving the layout of the Pan Asian Railway, and helping Vietnam enhance its position as a regional transportation hub. Editor/Min Jing