[Approval for pumped storage capacity exceeded 43 million in 2022]By November 15, 2022, a total of 43 pumped storage power station projects have been approved during the 14th Five-Year Plan period, with a total installed capacity of 570.98 million kW and a total investment of about 381.3 billion yuan. Among them, 32 power stations have been approved since 2022, with a total installed capacity of 432.98 million kW and an investment of about 291.3 billion yuan. Editor/Xu Shengpeng
China has implemented 100% zero tariffs on 53 African countries with diplomatic relations, which has led to a significant increase in Nigeria's exports to China. In the first half of 2026, the bilateral trade volume between China and Nigeria reached 18 billion US dollars, a year-on-year increase of 35%. China imported 2.3 billion US dollars from Nigeria, a significant increase of 80% year-on-year. Nepal hopes to take advantage of policy opportunities to promote export diversification, develop industries such as agricultural product processing, and fill gaps in infrastructure and certification. China will assist Nigeria in upgrading its industries through investment, technology transfer, exhibition platforms, and other means, and transform trade dividends into driving forces for industrial development.Editor/Gong Ziwei
Recently, the Egyptian National Shipping Company received two 82000 ton Kamsa type bulk carriers built by China's New Hantong Shipyard, helping to modernize and upgrade the Egyptian merchant fleet. The two ships are named Nile Valley and Moon Valley, suitable for international dry bulk transportation. The ship is equipped with energy-saving engines and environmental protection systems, which comply with international maritime environmental standards. The endurance and water purification facilities are complete, and the performance is advanced. This delivery demonstrates China's shipbuilding strength and deepens cooperation in the fields of China Egypt shipping and high-end equipment manufacturing.Editor/Gong Ziwei