[UK grid to spend £20.9bn to achieve net zero emissions] The UK power network operator will have a £20.9bn budget to expand the grid to connect millions of electric vehicles, smart systems and small renewable energy projects over the next five years. The budget will be used for service, maintenance, upgrades and repairs by six UK distribution network companies from April 2023, and has been approved by regulator Ofgem. The plan, which includes tree-cutting, flood protection and other energy security measures, aims to improve the resilience of the UK's 800,000km of overhead and underground transmission lines to deal with more severe weather events in the future. Editor/Xing Wentao

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• 2026.05.18 10:38
• [South Africa invests $60 billion in infrastructure in May 2026]
• On May 13, 2026, South Africa announced a $60 billion investment over the next three years for infrastructure projects such as ports, railways, and electricity, providing equipment supply and joint venture opportunities for Chinese companies.Editor/Gao Xue

• 2026.05.18 10:34
• [In April 2026, foreign trade will shift towards global collaboration]
• In April 2026, the operating rate of port equipment increased by 7.65% year-on-year. Coastal provinces maintained their advantages, while inland provinces such as Sichuan and Shaanxi relied on the China Europe freight train to become new engines of foreign trade, enhancing the resilience of cross-border supply chains.Editor/Gao Xue