[The China-Pakistan Economic Corridor will be extended to Afghanistan]Recently, the Chinese Foreign Minister and the Pakistani Foreign Minister met in Islamabad, the capital of Pakistan. During the conversation, China and Pakistan jointly issued a statement that the Belt and Road Initiative and the China-Pakistan Economic Corridor will be extended to Afghanistan. Prior to this, the Taliban in Afghanistan had already made such applications when they met with senior officials from both China and Pakistan. According to previous assessments, once the Belt and Road Initiative and the China-Pakistan Economic Corridor are settled in Afghanistan, billions of dollars in infrastructure funds will be brought in, especially the construction and improvement of Afghanistan’s railway network and highway system, which will be greatly relieved. At the same time, once the infrastructure project is confirmed, it is very likely that Chinese companies will undertake the construction, which can increase many jobs for local Afghans. Editor / Zhao E
The Qinghai Provincial Development and Reform Commission has released the first batch of bidding for independent new energy storage projects on the grid side in 2026, with a total scale of 2GW and an energy storage duration of no less than 4 hours, to be implemented in 5 sections. The project is planned to be connected to the grid by the end of September 2027, and can enjoy an annual compensation of 185 yuan per kilowatt capacity to assist in the construction of new power systems in the province. Editor/Min Jing
The Vietnamese parliament has passed a resolution to increase the scale and configuration standards of the cross-border railway construction in Laojie, Hanoi, and Haiphong, and significantly increase investment. The railway is expected to be completed by 2030, optimizing cross-border trade logistics between China and Vietnam, connecting the China Europe transportation corridor, improving the layout of the Pan Asian Railway, and helping Vietnam enhance its position as a regional transportation hub. Editor/Min Jing