[Start up construction of Zhejiang Yongjia Pumped Storage Power Station] Recently, the Yongjia Pumped Storage Power Station Project in Wenzhou City, Zhejiang Province was approved by the Provincial Development and Reform Commission and the commencement ceremony was held. It is jointly developed and constructed by China Power Construction Group. The upper reservoir is located in Nancheng Street, and the lower reservoir is located in Qiaoxia Town. The natural drop of the upper and lower reservoirs is about 577 meters, with a total installed capacity of 1.2 million kilowatts and a total investment of 7.985 billion. Editor/Zhao E

Click to see more live >>

• 2026.07.02 16:21
• [Shipping activities in the Strait of Hormuz continue to resume]
• According to data from market service agency Kepler, 24 oil tankers and cargo ships passed through the Strait of Hormuz on June 29th, indicating the continued recovery of shipping activities in this globally important energy transportation channel. 24 ships, including crude oil carriers and liquefied natural gas carriers, passed through the Strait of Hormuz on the same day. The data also shows that on June 30th, shipping activities in the strait further increased, with a giant oil tanker and several small ships entering the Persian Gulf, reflecting a rebound in confidence in the shipping market's navigation conditions in the region. Editor/Min Jing

• 2026.07.02 16:20
• [The export volume of foreign trade automobiles at Guangzhou Port increased year-on-year]
• On June 30, 2026, it was learned from the Guangzhou Maritime Safety Administration that the export volume of foreign trade vehicles at the Xinsha Port in Guangzhou increased by 169.7% year-on-year from January to June this year, with a year-on-year increase of 81.7% in the export volume of new energy vehicles. The scale of foreign trade vehicle exports continues to expand. Editor/Min Jing