[Abu Dhabi government to invest $2.72 billion in six transformation programmes]The Abu Dhabi government will invest $2.72 billion in six transformational programs aimed at more than doubling the city's manufacturing sector to $46.83 billion by 2031. The government intends to provide more financing channels, improve the ease of doing business in the emirate, and target more foreign direct investment. The new Abu Dhabi Industrial Strategy, launched by Sheikh Khalid bin Mohammed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council and Chairman of the Abu Dhabi Executive Office, will consolidate the emirate Status as the most competitive industrial hub in the region. Editor/Xing Wentao
On June 6, 2026, the first arch of the underground powerhouse of the largest pumped storage power station under construction in western China, Qinghai Wanrang Pumped Storage Power Station, officially began construction, marking the beginning of the main construction period of the cavern for this giant energy heart rooted in the Qinghai Tibet Plateau. The construction of the underground powerhouse has reached an important milestone, and the project construction has entered a new stage of construction.Editor/Gong Ziwei
On June 4, 2026, China Southern Power Grid Corporation and the Ministry of Industry and Trade of Laos signed a joint construction agreement for the China Laos New Power System Technology Joint Laboratory in Beijing. The China Laos Joint Laboratory of Electric Power will focus on scientific research cooperation in the fields of green energy, digital power grid, power artificial intelligence, energy planning, etc., promote the systematic construction and sharing of China Laos electric power technology standards, collaborate on energy strategy research and think tank cooperation, and strive to create a global benchmark for clean energy cooperation in the South.Editor/Gong Ziwei