[China became the world champion of machinery export]On July 7, 2021, the German Machinery and Equipment Manufacturing Federation (VDMA) announced a report that affected by the epidemic, the global machinery trade volume in 2020 will be about 1.05 trillion euros, and sales will be nearly 10% lower than a year ago. . For the first time, China surpassed Germany to become the world champion of machinery exports. Editor/Sang Xiaomei
The Saudi Ports Authority Mawani has opened up investment in the development and operation of the Jeddah Humla Integrated Logistics Zone, which covers an area of 2.4 million square meters and is adjacent to Jeddah Islamic Port, radiating to the European, African, and Middle Eastern markets. This investment promotion aims to supplement the supporting facilities in the port area. Investors can submit their intentions online, but the details of the land parcel have not been announced yet. Editor/Min Jing
Zakubov, Chairman of Kazakhstan's Samrukh Kazenana Sovereign Wealth Fund, and Zhou Huaixin, General Manager of CNPC, held talks in Astana to promote oil and gas projects such as Kashagan and Mangistau in the northern Caspian Sea. Kashagan exceeded its target of producing 12.8 million tons of oil in the first nine months of the year and will expand cooperation to renewable energy. They plan to implement a joint technology implementation plan from 2027 to 2030. Editor/Min Jing