[Another international LNG trade settled in RMB] On May 16, 2023, the Malvern ship with a full load of 65,000 tons of liquefied natural gas was unloaded at the Guangdong Dapeng LNG receiving station of CNOOC. A substantial step has been taken in the exploration of cross-border RMB settlement transactions in the field of oil and gas trade. The Malvern ship loaded with liquefied natural gas from the United Arab Emirates arrived at Guangdong Dapeng LNG receiving terminal on May 15 after 26 days of sea voyage. Edit/Ma Xue

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• 2026.04.03 16:07
• [The domestically produced largest diameter hard rock TBM is offline]
• On April 3, 2026, the domestically developed maximum diameter 13.2-meter hard rock TBM by CCCC Tianhe started construction in Changshu. The machine is equipped with 7600 domestically produced rare earth special steel main bearings developed by the Institute of Metals, Chinese Academy of Sciences, with a rated life of over 15000 hours and performance exceeding imports. This move marks China Communications Construction Corporation's first achievement of 100% localization of core components for ultra large diameter tunneling machines, completely bridging the last mile of national production of major underground engineering equipment in China.Editor/Cheng Liting

• 2026.04.03 15:53
• [China Kazakhstan's $125 million large order landed]
• At the Export to China SCO Choice Forum, Kazakh companies signed a $125 million agricultural export agreement with Chinese partners. Changsha Kaliev, the Minister of Trade of Kazakhstan, led a delegation to visit Shandong to deepen industrial and logistics cooperation. As the largest trading partner, the bilateral trade volume between China and Kazakhstan is expected to increase from 41 billion US dollars in 2023 to 48.7 billion US dollars in 2025, with Shandong's trade volume reaching 2.2 billion US dollars. Both sides are shifting from scale expansion to quality and efficiency improvement, with a focus on promoting the export of high value-added, non resource, and green technology products to ensure supply chain stability.Editor/Cheng Liting