[Comrade Fu Gangfeng served as chairman of SDIC] On June 17, 2022, China Development and Investment Group Co., Ltd. held a meeting of middle-level and above managers. The relevant responsible comrades of the Central Organization Department announced at the meeting the central government's decision on the appointment of the chairman and party secretary of China Development and Investment Group Co., Ltd.: Comrade Fu Gangfeng was appointed as the chairman and party secretary of China Development and Investment Group Co., Ltd., and he was removed from COSCO Group. Director, general manager and deputy secretary of the party group of Shipping Group Co., Ltd. Editor / Zhao E

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• 2026.07.02 16:21
• [Shipping activities in the Strait of Hormuz continue to resume]
• According to data from market service agency Kepler, 24 oil tankers and cargo ships passed through the Strait of Hormuz on June 29th, indicating the continued recovery of shipping activities in this globally important energy transportation channel. 24 ships, including crude oil carriers and liquefied natural gas carriers, passed through the Strait of Hormuz on the same day. The data also shows that on June 30th, shipping activities in the strait further increased, with a giant oil tanker and several small ships entering the Persian Gulf, reflecting a rebound in confidence in the shipping market's navigation conditions in the region. Editor/Min Jing

• 2026.07.02 16:20
• [The export volume of foreign trade automobiles at Guangzhou Port increased year-on-year]
• On June 30, 2026, it was learned from the Guangzhou Maritime Safety Administration that the export volume of foreign trade vehicles at the Xinsha Port in Guangzhou increased by 169.7% year-on-year from January to June this year, with a year-on-year increase of 81.7% in the export volume of new energy vehicles. The scale of foreign trade vehicle exports continues to expand. Editor/Min Jing