[Sino-French companies plan joint venture to build a new battery factory] On May 12, 2023, French President Emmanuel Macron stated that China Xiamen Xiamen Tungsten New Energy Materials Co., Ltd. plans to establish a battery field laboratory with the French company Orano in Dunkirk, a port city in northern France. Joint venture with an expected investment of 1.5 billion euros and the creation of 1,700 jobs. Macron pointed out that Xiamen Tungsten New Energy's joint venture with Orano is complementary to ProLogium's factory because it will be upstream in the production of batteries for electric vehicles. Edit/Ma Xue

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• 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