[CNCEC signed a strategic agreement with Sonangol in Angola] On June 6, 2023, CNCEC General Manager Wen Gang held talks with Diamantino Azevedo, Minister of Mineral Resources, Petroleum and Natural Gas of Angola, at the group headquarters. The two sides had in-depth exchanges on promoting practical cooperation on key projects, and jointly witnessed the signing of a strategic cooperation agreement and a memorandum of project cooperation between CNCEC and Angolan National Oil Company. The two sides will build the Lobito Refinery in Benguela and strengthen in-depth cooperation in petrochemical, natural gas and chemical industries. Editor/Xue Ma

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• 2026.05.20 10:22
• [Shanghai vigorously develops high-end shipping service industry]
• On May 18, 2026, Shanghai announced that it will enhance the resource allocation capacity of international shipping centers, vigorously develop high-end shipping services, promote financial technology, shipping insurance, digital trade and other matters, encourage enterprises to establish global supply chain management centers, and build digital management platforms.Editor/Gao Xue

• 2026.05.20 10:20
• [Accelerate and upgrade the recycling and utilization of industrial resources in China]
• In May 2026, the first full chain resource recycling system for rail transit in China will be put into operation in Tianjin. The steel and aluminum alloy recycling rate of retired subway trains exceeds 98%, and the remanufacturing of wind turbine blades and engineering machinery is being promoted simultaneously. By 2025, the total amount of recycled resources will reach 1.39 trillion yuan.Editor/Gao Xue