[The amount of local government bonds will be approved in advance in 2023]The amount of local government bonds to be "pre-approved" in 2023 has been issued, and earlier than last year. Infrastructure investment is the main way to expand domestic demand and boost the economy at present and in the future, and it needs special debt funds to support it. The amount of new special debt will reach 4 trillion yuan in 2023. Editor/Xu Shengpeng
In May 2026, China Harbour won the bid for the dredging phase I project of Aktau Port in Kazakhstan. The port is a core hub of the Trans Caspian International Transport Corridor, and the project will dredge the harbor basin to ensure the passage of large ships.Editor/Gao Xue
On May 6, 2026, COSCO Shipping announced the opening of a regular direct route to Libya in Benghazi, with a frequency of once every two weeks. It only takes 25 days from Guangzhou to Benghazi to transport Chinese engineering machinery and other goods.Editor/Gao Xue