[CPECC won the bid for Project Swing EPCM project]CPECC Gulf Region Company has received a letter of award for the Project Swing project from Abu Dhabi State Oil Company's onshore company. This is the first EPCM project won by the Beijing branch in collaboration with Gulf Region Company in the Gulf market. The contract model includes design, procurement services, and construction management, with a contract duration of 39 months (PAC), of which 15 months are required to achieve 95% design progress. The Project Swing project is one of the first EPCM projects initiated by ADNOC Online and is an important project in the Abu Dhabi National Oil Company's P5 (5 million barrels per day) production increase plan. By renovating some facilities in Babu, Northeast Babu, and Southeast Oil Fields, the goal of increasing processing capacity by 20% has been achieved, while also increasing supporting facilities for water and gas injection. Editor/Ma Xue
In September 2026, the first territorial direct and cross-border e-commerce clearance model in Xinjiang will be implemented in Kashgar. Advance declaration, pre inspection, and direct exit upon arrival at the border of the goods have reduced the customs clearance time from 3 to 5 days to 6 to 8 hours, significantly reducing the turnover cost of enterprise ports and helping to develop markets in Central Asia and South Asia.Editor/Gao Xue
On September 17, 2026, the Secretariat of the Shanghai Cooperation Organization and the Eurasian Economic Commission signed the 2027-2030 activity plan in Beijing. The Ambassador of Kazakhstan to China stated that the Eurasian Economic Union and the Shanghai Cooperation Organization are two complementary and important interactive platforms in the Eurasian region, and cooperation with China is particularly important.Editor/Gao Xue