[The renovation and expansion project of Turpan Airport was completed]Recently, the renovation and expansion project of Turpan Airport, a key construction project in Xinjiang Province undertaken by the Northwest Company of China Construction Third Bureau, has been completed and will be put into full use soon. The reconstruction and expansion project of Turpan Airport includes the extension of the original 2,800-meter runway to 3,200 meters, the construction of a new vertical liaison taxiway, the renovation and expansion of the apron, the construction of the new terminal, the air and rail corridor project, outdoor pipe network, the construction of supporting roads in front of the station and the central square, etc. Editor/He Yuting
On February 28, 2026, the security risks in the Middle East continued to rise, with the United States, the United Kingdom, France, and others withdrawing non essential personnel from Iran and Israel, and multiple countries issuing travel bans. The Chinese Ministry of Foreign Affairs reminds citizens not to travel to Iran temporarily and to evacuate personnel in Iran as soon as possible. Regional tensions have pushed up international energy prices, and global market risk aversion has intensified.Editor/Bian Wenjun
The People's Bank of China announced that from March 2, 2026, the foreign exchange risk reserve ratio for forward foreign exchange sales business will be reduced from 20% to 0. This move will significantly reduce the cost of currency hedging for foreign trade enterprises, support the stable development of the real economy, promote the smooth operation of the foreign exchange market, and release the policy intention of stabilizing foreign trade and expectations.Editor/Bian Wenjun