[Successful Signing of G7611 Xichang Shangri La Sichuan Expressway Project] Recently, Sichuan Highway and Bridge Construction Group Co., Ltd., a wholly-owned subsidiary of Sichuan Road and Bridge Construction Group Co., Ltd., signed the "General Contracting Contract for the Construction of ZCB-3 Contract Section of the G7611 Xichang Shangri La Sichuan Expressway Project" with Sichuan Xixiang Expressway Construction and Development Co., Ltd., and the Road and Bridge Group will undertake the general contracting task for the construction of ZCB-3 Contract Section of the G7611 Xichang Shangri La Sichuan Expressway Project. The project content of this agreement is the construction of the ZCB-3 contract section (AK18+861~C5K134+440, M10K8+166) of the Sichuan Expressway from Xichang to Shangri La on the G7611 line ˉ M7K40+003.675) construction, mainly responsible for temporary engineering, roadbed, pavement, bridge and culvert, tunnel, intersection engineering, traffic safety, greening, housing construction, electromechanical, smart highway construction, and corresponding engineering restoration during the defect liability period. The total contract amount is approximately 32.408 billion yuan. The total construction period of the contract section is 54 months. The construction of this project is of great significance for improving the national and Sichuan Yunnan highway network, constructing a comprehensive three-dimensional transportation corridor in the Yangtze River Economic Belt, driving the development of tourism, mineral and cultural resources, and promoting high-quality economic development in the Panxi region. After the completion and opening to traffic, the history of no highways in Yanyuan and Muli counties will come to an end. Editor/Zhao E

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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