[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 construction permit application for Xuchuan Chemical's annual production of 60000 tons of polyurethane new materials project was completed in Taicang Port Area, and the certificate was obtained that evening, and full construction began. As a national level specialized and innovative small giant enterprise, Xuchuan is deeply involved in the polyurethane field, with products covering elastomers, adhesives, advanced composite materials, etc., widely used in home furnishings, automobiles, electronics and other fields. The investment of 380 million yuan in this new project is expected to increase the annual production value by over 1.1 billion yuan after reaching its production capacity. Editor/Cheng Liting
On July 10, 2026, Xinjie Electric signed a contract with Wuxi for a 5.08 billion yuan embodied intelligence and high-end equipment core component project, focusing on direct drive systems, frameless motors and encoders for humanoid robots. The next day, Longsheng Weirui's 200 million yuan embodied intelligent robot innovation center started construction, positioning itself as a long-term carrier of Jiangsu Province's innovation center, focusing on the research and development of industrial scene humanoid robot body and key components. Two projects have been implemented before and after, and Wuxi has completed the preliminary layout from core components to the entire machine platform within 48 hours, with a clear intention to seize the high ground of embodied intelligence industry. Editor/Cheng Liting