[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

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• 2026.05.09 11:56
• [Construction of 200000 ton integrated casting and forging project breaks ground]
• On May 6, 2026, the 200000 ton high-quality alloy steel casting and forging integrated project jointly built by Yongyang Special Steel and Changxiang Special Steel started construction in Yongnian, Handan. The total investment is 5 billion yuan, covering the entire production line of mold casting, special smelting, forging, etc. The products are directly supplied to the aerospace, military and nuclear power fields. It is expected that the output value will be 50 billion yuan, the profit and tax will be 800 million yuan, and 2000 new jobs will be created within 5 years, adding another heavyweight chip to the high-end new material industry in Handan. Editor/Cheng Liting

• 2026.05.09 11:56
• [Xinjiang Lihua Cotton Spinning Chain settles in Kazakhstan]
• On May 5, 2026, President Tokayev met with Zhang Qihai, Chairman of Xinjiang Lihua Group, to focus on the cotton textile industry chain project. Plan 52000 hectares of cotton fields, 196 drip irrigation pump stations, 500 kilometers of pipeline network, and 10 factories, with a first phase investment of 360 million US dollars, creating over 4000 jobs. Tokayev awarded Zhang Qihai the second-class "Friendship" medal of Kazakhstan on the spot, and two processing plants have been put into operation in Turkestan Oblast. Editor/Cheng Liting