[Xuzhou City Rail Transit Combined Operation PPP Project Bidding] On June 30, 2022, Xuzhou Metro issued an announcement on the prequalification of the PPP project for the combined operation of urban rail transit in Xuzhou. Approved by the Xuzhou Municipal People's Government, the PPP project of Xuzhou urban rail transit combined operation shall be invested, operated and maintained by means of cooperation between the government and social capital. The project authorized the main body of the Xuzhou Municipal People's Government, the total investment of the project is about 14.3 billion yuan. Editor / Zhao E

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• 2026.02.28 17:21
• [The situation in the Middle East is rapidly escalating]
• On February 28, 2026, the security risks in the Middle East continued to rise, with the United States, the United Kingdom, France, and others withdrawing non essential personnel from Iran and Israel, and multiple countries issuing travel bans. The Chinese Ministry of Foreign Affairs reminds citizens not to travel to Iran temporarily and to evacuate personnel in Iran as soon as possible. Regional tensions have pushed up international energy prices, and global market risk aversion has intensified.Editor/Bian Wenjun

• 2026.02.28 17:19
• [Risk preparation for forward foreign exchange sales starting from March 2nd]
• The People's Bank of China announced that from March 2, 2026, the foreign exchange risk reserve ratio for forward foreign exchange sales business will be reduced from 20% to 0. This move will significantly reduce the cost of currency hedging for foreign trade enterprises, support the stable development of the real economy, promote the smooth operation of the foreign exchange market, and release the policy intention of stabilizing foreign trade and expectations.Editor/Bian Wenjun