[TRSDC signs first $400 million joint venture with Al Mutlaq Group] Red Sea Development Corporation signed a joint venture agreement worth 1.5 billion riyals with Almutlaq Real Estate Investment Co., a subsidiary of AlMutlaq Group. Under the agreement, the two companies will develop Jumeirah Red Sea Resort, a 159-room luxury resort on Shura, the hub island of the Red Sea destination, which is currently under construction and is expected to open in early 2024. Editor/Xing Wentao

Click to see more live >>

• 2026.06.30 11:59
• [Guangdong promotes AI+electromechanical deep integration]
• Recently, the Guangdong Provincial Party Committee has clearly stated that it will focus on the development direction of AI+mechatronics deep integration in the current and future period, and make efforts in mechatronics integration and software hardware coordination, continuously consolidating the foundation of machines, strengthening the advantages of electricity, and deepening the guidance of intelligence. It will strive to build a world-class new mechatronics integration and artificial intelligence trillion yuan industrial cluster, accelerate the transition from a manufacturing province to a manufacturing strong province, and ensure that Guangdong always holds the initiative in the new round of global intelligent manufacturing competition.Editor/Gong Ziwei

• 2026.06.30 11:56
• [Jilin High latitude Solar Thermal Power Station has been built to generate electricity]
• On June 29, 2026, the 100000 kW solar thermal power station of CGN Jixi Base, the highest latitude and first solar thermal power plant in Northeast China, was put into operation in Da'an City, Jilin Province, marking a major breakthrough in the application of solar thermal power technology in high latitude and cold regions in China. It provides a replicable and promotable model for the development and construction of solar thermal projects in similar regions of China.Editor/Gong Ziwei