[The RCEP has come into full force for the 15 signatory countries] On June 2, the Regional Comprehensive Economic Partnership (RCEP) officially entered into force for the Philippines, marking the full entry into force of the RCEP for 10 ASEAN members and 15 signatories including Australia, China, Japan, the Republic of Korea and New Zealand. The full entry into force of the RCEP fully demonstrates the 15 parties' determination and actions to support an open, free, fair, inclusive and rules-based multilateral trading regime. It will inject strong impetus to regional economic integration, enhance trade and investment liberalization and facilitation in East Asia, and contribute to long-term and stable economic development in the region and the world at large. China will continue to promote the high-quality implementation of the RCEP, provide guidance and services for local governments, industries and enterprises to further implement and make good use of the agreement, ensure the continuous release of the benefits of the agreement, and fully leverage the positive role of the RCEP in promoting cooperation on industrial and supply chains, high-level opening-up and high-quality development. At the same time, we will work with other parties to fulfill our obligations under the agreement, strengthen the RCEP mechanism building, improve the overall implementation of the agreement, and provide a strong guarantee for the steady and long-term progress of the RCEP cooperation. Editor/Xu Shengpeng

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• 2026.08.06 11:13
• [Jizhong Energy Zhangjialiang Coal Mine Reconstruction Project Starts Construction]
• The Zhangjialiang coal mine renovation project of Jizhong Energy Zhangkuang Group has officially started construction recently, shifting from the procedural stage to the substantive construction stage. The project started to revitalize the resources of deep 5-1 coal seam to 6-2 coal seam to ensure the continuity of coal mine capacity. The special team completed the approval of the safety facility design after three months, obtained the environmental impact assessment approval on June 26th, and obtained the construction record receipt on July 27th. The project will continue the open-pit mining process and advance from the western boundary of the third mining area. After production, it can activate coal resources and stabilize annual production capacity. After the completion of earthwork stripping, it is expected that coal can be extracted in mid October. Editor/Cheng Liting

• 2026.08.06 11:02
• [Saudi Aramco's Q2 net profit increased by 44% year-on-year]
• Saudi Arabian National Oil Company released its financial report on August 4, 2026, showing a net profit of 32.7 billion US dollars in the second quarter of 2026, higher than the 22.7 billion US dollars in the same period last year and a year-on-year increase of 44%. According to the financial report, Saudi Aramco's average crude oil sales price in the second quarter was $108.1 per barrel, up 41% month on month and 62% year-on-year. Editor/Cheng Liting