[Russia approves gas supply agreement with Cosco East Route] It is reported that the Russian State Duma passed a bill on the approval of Russia and Cosco East route gas supply cooperation agreement. According to earlier news, Russia and China plan to build a pipeline from Dalinelechensk in Russia to Hulin in China across the Ussuri River under the Far East Pipeline cooperation project. In early February 2022, Gazprom and petrochina signed a long-term contract on the annual export of 10 billion cubic meters of natural gas to China via the Far East Route. After the project is implemented, the total supply of natural gas from Russia to China will reach 48 billion cubic meters. Russian Prime Minister Mikhail Mishustin said earlier that the implementation of the Russia-China cooperation agreement on gas supply from Russia to China via the Far East Route is beneficial to both countries and will further promote the development of Russia's Far East region. Editor/Xu Shengpeng
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  • 2026.08.17 17:20
  • [Zero tariff dividend released, Nigeria's exports to China increase significantly]
  • China has implemented 100% zero tariffs on 53 African countries with diplomatic relations, which has led to a significant increase in Nigeria's exports to China. In the first half of 2026, the bilateral trade volume between China and Nigeria reached 18 billion US dollars, a year-on-year increase of 35%. China imported 2.3 billion US dollars from Nigeria, a significant increase of 80% year-on-year. Nepal hopes to take advantage of policy opportunities to promote export diversification, develop industries such as agricultural product processing, and fill gaps in infrastructure and certification. China will assist Nigeria in upgrading its industries through investment, technology transfer, exhibition platforms, and other means, and transform trade dividends into driving forces for industrial development.Editor/Gong Ziwei
  • 2026.08.17 17:17
  • [China builds two 82000 ton bulk carriers to deliver to Egypt]
  • Recently, the Egyptian National Shipping Company received two 82000 ton Kamsa type bulk carriers built by China's New Hantong Shipyard, helping to modernize and upgrade the Egyptian merchant fleet. The two ships are named Nile Valley and Moon Valley, suitable for international dry bulk transportation. The ship is equipped with energy-saving engines and environmental protection systems, which comply with international maritime environmental standards. The endurance and water purification facilities are complete, and the performance is advanced. This delivery demonstrates China's shipbuilding strength and deepens cooperation in the fields of China Egypt shipping and high-end equipment manufacturing.Editor/Gong Ziwei
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