[Turkey discovers oil reserves worth about $1 billion] Turkey discovers oil worth about $1 billion Turkish President Recep Tayyip Erdogan said reserves of high-quality oil worth about $1 billion have been discovered in the country's southern province of Adana. Editor/Xing Wentao

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• 2026.05.20 18:12
• [Henan Pinggao Electric plans to invest 1.4 billion yuan in building a smart factory]
• On May 20, 2026, Henan Pinggao Electric announced that its wholly-owned subsidiary plans to invest 1.3996 billion yuan to build a GIS green low-carbon smart factory project in Pingdingshan, Henan. The project covers an area of 345.38 acres, focusing on the manufacturing of equipment related to 126 kV to 550 kV, with complete supporting factory buildings and intelligent facilities. The construction period is 30 months, and the plan is to start in October 2026.Editor/Gong Ziwei

• 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