[IMF to support Zanzibar's blue economy]The Zanzibar Ministry of Blue Economy stated that the Zanzibar government will continue to vigorously develop the blue economy, and the International Monetary Fund has approved US$567 million for Tanzania through the Post-COVID-19 Recovery Fund, of which about US$100 million will flow to Zanzibar , including about $16 million to be spent on blue economy sectors such as small-scale fisheries, sea cucumber and seaweed farming, and mud crab fattening. At the same time, relevant departments of Zanzibar will carry out in-depth research on the blue economy value chain, protect biodiversity to support Zanzibar's development of the blue economy. Editor/Xing Wentao
Recently, the groundbreaking ceremony for the Huichuan Technology Dalian R&D and Manufacturing Base project with a total investment of 2 billion yuan was held in Dongjiagou Street, Jinpu New District, Dalian. After full production, the annual output value of the project can reach 5 billion yuan, and it can produce 10000 sets of permanent magnet synchronous variable frequency motors annually. The products are widely used in industries such as power, mining, ports, coal, metallurgy, etc.Editor/Cheng Liting
On April 20, 2026, the Three Gorges Navigation, the world's largest floating offshore wind power platform with a single unit capacity, was towed from Tieshan Port in Beihai, Guangxi to Qingzhou offshore wind farm in Yangjiang, Guangdong. After installation and commissioning, it will be put into trial operation in early June this year. The "Three Gorges Navigation" has a single unit capacity of 16 megawatts and an annual power generation of approximately 44.65 million kilowatt hours, which can meet the annual electricity demand of 24000 households.Editor/Cheng Liting