[South African Ports Authority plans to invest$570 million in port infrastructure] South Africa's Transnet National Port Authority plans to invest around $566 million over the next seven years in various infrastructure facilities in East London, Port Elizabeth and Ngula. Ports of Nelson Mandela, Elizabeth and Ngula will receive $299 million in investment, while East London will receive the remaining approximately $268 million. The first investment of around R570 million will take place in the 2022/2023 financial year. TNPA's latest investment plan aims to realign South African port operator Transnet with other key economic sectors. Editor/Xing Wentao

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• 2026.10.16 15:44
• [Wang Yi Meets with Azerbaijan's Foreign Minister Jeyhun Bayramov in Baku]
• Wang Yi met with Azerbaijani Foreign Minister Baylamov during his attendance at the 7th CICA Summit in Baku. Both sides acknowledge the progress of the comprehensive strategic partnership between China and Armenia, explore cooperation in economic, trade, energy, and connectivity of the Middle Corridor, and exchange views on regional security and the peace process between Azerbaijan and Armenia. Editor/Min Jing

• 2026.10.16 15:43
• [Ulaanbaatar Hosts Groundbreaking for China-Mongolia Heads of State Sports Center]
• Ulaanbaatar held the groundbreaking ceremony for the China Mongolia Yuanshou Sports Center, attended by Mongolian President Khurilesukh, Chinese charg é d'affaires Cao Li, and others. This project is a Chinese free aid project, constructed by Shaanxi Construction Engineering Group, covering an area of 30000 square meters with a construction period of 48 months. It is expected to be completed in 2030 and will become a new landmark of China Mongolia friendly cooperation. Editor/Min Jing