[5 central SOEs turned into state-owned capital investment companies] Recently, the State-owned Assets Supervision and Administration Commission of the State Council issued the "Notice on Matters Concerning the Reform of State-owned Capital Investment Companies", and five companies including China Baowu, SDIC, China Merchants Group, China Resources Group and China National Building Materials Group were officially converted into state-owned capital investment companies. Editor/Ma Xue

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• 2026.05.20 10:22
• [Shanghai vigorously develops high-end shipping service industry]
• On May 18, 2026, Shanghai announced that it will enhance the resource allocation capacity of international shipping centers, vigorously develop high-end shipping services, promote financial technology, shipping insurance, digital trade and other matters, encourage enterprises to establish global supply chain management centers, and build digital management platforms.Editor/Gao Xue

• 2026.05.20 10:20
• [Accelerate and upgrade the recycling and utilization of industrial resources in China]
• In May 2026, the first full chain resource recycling system for rail transit in China will be put into operation in Tianjin. The steel and aluminum alloy recycling rate of retired subway trains exceeds 98%, and the remanufacturing of wind turbine blades and engineering machinery is being promoted simultaneously. By 2025, the total amount of recycled resources will reach 1.39 trillion yuan.Editor/Gao Xue