[ZTE's equipment is exported to Central Asia on the China Europe train Chang'an]On May 30, 2023, the departure ceremony of the China Europe Express Chang'an Xi'an Tashkent ZTE Export Special Train and the unveiling ceremony of the "ZTE Xi'an Railway Hub Center" were held at Xi'an International Port Station. In the future, ZTE will use Xi'an International Port Station as the hub of its Central Asian business sector, achieving a larger and more diverse range of ZTE products exported to Central Asia on the Chang'an train. 50 containers loaded with ZTE communication equipment, taking the China Europe Train Chang'an, set off from Xi'an International Port Station by whistling, headed west, passed through Khorgos Port in Xinjiang, and finally arrived in Tashkent, Uzbekistan. The total operating distance of the train is 4667 kilometers, with an estimated transportation time of 10 days. The goods of this train include microwave antennas, base station antennas, fixed line cards, jointless cables, 5G mobile communication base stations, etc. The value of communication equipment exceeds 100 million yuan. Editor/Zhao E
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
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