[South Korea, U.S. agree to build global comprehensive strategic alliance]South Korean President Yoon Sek-yue and U.S. President Joe Biden held talks at the South Korean Presidential Palace on May 21, and jointly met with reporters after the meeting to introduce the results of the talks. Yin Xiyue said at the press conference that the two sides reiterated the goal of elevating the Korea-US alliance to a global comprehensive strategic alliance, and exchanged in-depth views on the specific implementation plan. Editor / Xu Shengpeng
On May 16, 2026, the stator of the variable speed pumped storage unit of the Langjiang Pumped Storage Project in Zhaoqing, Guangdong was successfully lifted, weighing about 380 tons, marking the start of electrical installation for the first domestically produced large-scale variable speed pumped storage unit, which can promote the efficient consumption of new energy.Editor/Gao Xue
In May 2026, Sinopec Puyang Shengyuan proposed at the Ashgabat Business Forum to build a large-scale natural gas processing complex in Turkmenistan, covering the production of methanol, polyethylene, and polypropylene, with an annual production capacity of 1.8 million tons, aiming to increase the added value of natural gas and create employment.Editor/Gao Xue