[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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  • 2026.08.28 11:26
  • [Shanghai Chengdu Expressway Reconstruction and Expansion Project]
  • On August 25, 2026, the first pile of the reconstruction and expansion project of the Xinji Dongxihu section of the Shanghai Chengdu Expressway was poured, and the concrete construction of this major transportation project in Hubei Province during the 14th Five Year Plan period was fully launched. As the intersection link of the Shanghai Chengdu and Fuyin national highways, the project will alleviate the traffic pressure on the northwest section of the Wuhan Ring Expressway. Editor/Cheng Liting
  • 2026.08.28 11:25
  • [The prosperity of semiconductor equipment is on the rise]
  • The semiconductor equipment sector of A-shares strengthened in the short term during trading, with silicon power stocks rising by over 10%, and multiple targets synchronously rising. In the first quarter of 2026, global semiconductor equipment sales reached a historic high of 36.55 billion US dollars. Domestic wafer production lines continued to expand, coupled with the improvement of the industry standard system. Domestic equipment in multiple process links was imported in bulk, and upstream precision components and advanced packaging and testing industries were simultaneously driven by demand. Editor/Cheng Liting
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