[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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• 2026.05.28 11:38
• [China's first marine biopharmaceutical development document released]
• On May 28th, the Ministry of Natural Resources and eight other departments issued the "Guiding Opinions on Accelerating the High Quality Development of Marine Drugs and Functional Products", which is the first policy document at the national level for the development of the marine biopharmaceutical industry. The guidance emphasizes the overall strengthening of the construction of the full chain innovation system of "resource chain+technology chain+industry chain+application chain" in the industry, promoting the deep integration of scientific and technological innovation and industrial innovation, and achieving the listing of multiple marine innovative drugs by 2030, with the added value of the industry exceeding 130 billion yuan. Marine drugs have a wide range of sources, novel structures, unique activities, and strong differences. Currently, China's independently developed marine drugs account for nearly 30% of the global marketed categories.Editor/Gong Ziwei

• 2026.05.28 11:33
• [China Laos Railway has operated more than 100000 passenger trains in total]
• According to the data on May 27, 2026, since the opening of the China Laos Railway in December 2021, more than 100000 passenger trains have been operated, 73 million passengers have been sent, and 840000 cross-border passengers have been sent. After nearly five years of operation, the passenger flow of the entire line has significantly increased, with both the middle and old sections experiencing a significant increase in operating schedules and daily passenger flow. International passenger train capacity and seats continue to increase, port clearance efficiency is optimized, and cross-border travel is becoming increasingly convenient. The continuous release of connectivity value by the route has driven increased consumption and revenue along the route. This year, passenger and cross-border flow data have steadily increased year-on-year, with significant benefits and empowerment effects for the people.Editor/Gong Ziwei