[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
On June 11, 2026, the 500 kV Bushan substation in Guigang, Guangxi officially started construction, ushering in a construction boom for the Guangxi power grid. As of the end of May, Southern Power Grid Guangxi Power Grid Company has started over 3200 projects, put 2652 into operation, and completed an investment of 8.694 billion yuan, a year-on-year increase of 49.9%. The Wuzhou 110 kV Temple Power Transmission and Transformation Project and other projects are being promoted simultaneously, with the promotion of mechanized construction and ESG management system during construction, striving for a win-win situation between engineering construction and ecological protection. Editor/Cheng Liting
On June 12, 2026, the Shanghai Xingang Liance Semiconductor Co., Ltd. project with a total investment of 2.55 billion yuan officially started construction. This is not only the first officially started project in the Dingke Community Laboratory area of Dishui Lake Qingchuang Bay, but also means that the Lingang New Area has completed a key piece in the puzzle of the entire semiconductor industry chain. It is reported that the project is jointly established by UNT Xinlian Integration and Lingang Investment Control Group's New Area Fund Company, and is equipped with industry-leading production level testing equipment. Editor/Cheng Liting