[Hunan: Accelerate the construction of Ningdian into Hunan UHV DC project] On February 5, the General Office of the People's Government of Hunan Province issued a notice on "Several Policies and Measures Concerning Taking the Initiative for Economic Growth and Realizing the Overall Improvement of Economic Operation". "Planning" pointed out that to strengthen the use of energy. Accelerate the construction of energy projects. The supply capacity of new coal power projects will exceed 4 million kilowatts. Start the construction of a number of wind power and photovoltaic power generation projects. Accelerate the construction of the UHV DC project of "Ningdian Power into Hunan". Editor/Xu Shengpeng

Click to see more live >>

• 2026.02.28 17:21
• [The situation in the Middle East is rapidly escalating]
• 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

• 2026.02.28 17:19
• [Risk preparation for forward foreign exchange sales starting from March 2nd]
• 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