China's crude oil imports decrease by 15.1% in the first 10 months of 2026

In the first 10 months of 2026, the total import and export value of China's goods trade was RMB 44.81 trillion, a year-on-year increase of 20%. Among them, exports amounted to 25.99 trillion yuan, an increase of 17.6%; Imports amounted to 1.882 trillion yuan, an increase of 23.6%. From the perspective of key commodities, in terms of imports, China imported 8.17 trillion yuan worth of mechanical and electrical products in the first 10 months, an increase of 35%; 400 million tons of crude oil, a decrease of 15.1%; Agricultural products amounted to 1.29 trillion yuan, an increase of 4.6%. Editor/Cheng Liting

Pure electric solar powered unmanned aerial vehicle makes its maiden flight and lands

On November 11, 2026, China's independently developed "Light Cavalry" small and medium-sized solar powered unmanned aerial vehicle successfully made its maiden flight at an airport in northwest China. As a pure electric aircraft powered solely by solar energy, the "Light Cavalry" has core advantages such as long endurance, rapid deployment, and convenient support. This model is 3.2 meters long, with a wingspan of 8 meters, and a maximum designed endurance time of 30 hours. Editor/Cheng Liting

Shanxi section of the entire overhead contact system power transmission

On the early morning of November 11, 2026, the contact network of the Shanxi section of the Xiongxin high-speed railway completed a one-time power transmission, laying the foundation for the upcoming hot sliding test and joint debugging test. Editor/Cheng Liting

Jiangsu Suqian 200000 ton positive electrode project starts construction

On the morning of November 11, 2026, the mobilization meeting for the construction of Jiangsu Xinsi New Energy's 200000 ton positive electrode material project was held in Suqian Economic Development Zone. This project belongs to Shanghai Gepai Nickel Cobalt, with a total investment of over 3 billion yuan. The first phase produces 80000 tons of 4.5-generation and 5th generation high-voltage lithium iron phosphate cathode materials annually. After the first phase is put into operation, the annual sales revenue can exceed 4 billion yuan. The project aims to complete key links in the local new energy storage industry chain, support the development of the new energy industry in Suqian, and create a growth pole for the positive electrode material industry in the Huaihai Economic Zone.Editor/Li Xiaohua

Tianjin Nangang Power Supply Switching Project Starts Construction

Recently, the 110 kV power line cutting and renovation project in Tianjin Nangang Industrial Zone has officially started, and the project is expected to be completed this week. This line is responsible for ensuring the electricity supply of petrochemical enterprises in the park. In this construction, the original overhead power lines will be converted to underground laying, changing the current situation of the line passing through the factory area in the air, reducing the power supply interference caused by extreme weather such as wind, rain, and snow, further improving the stability of power supply in the park, and building a solid power guarantee for the production of petrochemical enterprises in the area.Editor/Li Xiaohua

The energy storage project in Song County, Henan Province has started construction

Recently, the 200MW/400MWh independent energy storage power station in Shenshen Song County, Henan Province, officially commenced construction. Located in Hotel Village, Detin Town, Song County, Luoyang, the project has a total investment of 400 million yuan, covers an area of 30.04 acres, and adopts a lithium iron phosphate prefabricated cabin solution. It is equipped with a 220-kilovolt booster station and a 7-kilometer transmission line, with plans to be completed and put into operation by April 30, 2027. The project can help mitigate peak loads and fill valleys in the power grid, alleviate transmission pressure, enhance renewable energy integration capacity, and support the construction of a new power system locally, contributing to the dual-carbon goals. With Henan's tightening energy storage policies, this project also serves as a key initiative to strengthen the province's grid regulation capabilities.Editor/Li Xiaohua

Shanghai Ships HT700R Turbine Rotor to Huaneng Yuhuan Power Plant

The fourth phase of Huaneng Yuhuan Power Plant has completed the delivery of the world's first 650 ℃ coal-fired demonstration unit HT700R steam turbine rotor in Shanghai. The rotor adopts domestically produced high-temperature alloy and collaborates with multiple units to tackle the challenges of the entire chain, marking the emergence of new materials from the laboratory and laying a solid foundation for the timely production of core components for this national major scientific and technological research project. Editor/Min Jing

CR21G Completes Topping-out of Signal Building at Burekai Station

The main structure of the signal complex building for the railway from Yining City to Aksu City in Ili Prefecture, constructed by CR21G, has been topped out, making it the first topped out signal building on the entire line. The project is located near the operating line, with strict construction control measures. After the completion of the railway from Yining City to Aksu City in Ili Prefecture, it will fill the gap in the Tianshan Railway, weave a large railway network in Xinjiang, and reduce logistics costs between the north and south of Xinjiang. Editor/Min Jing

CRFG Connects Liaocheng Guanzhou Land Port Railway Special Line

The Liaocheng Guanzhou International Land Port Railway Dedicated Line constructed by CRFG has achieved full track connectivity. This line connects with Guanxian Station of Hanji Railway, with a designed annual throughput capacity of 18 million tons. After completion, it will fill the gaps in local bulk cargo railway transportation, build a multimodal transportation channel between public, railway and sea, and help improve the logistics network and regional economy in western Shandong. Editor/Min Jing

China Development Bank signs Kazakhstan China pipeline financing agreement

Recently, the China Development Bank signed a financing agreement for the Kazakhstan ethane propane pipeline project in Beijing, providing a loan of 2.89 billion yuan to implement the cooperation results of the China Asia Summit and support the full industry chain cooperation of oil and gas between China and Kazakhstan. The project is the first liquid ethane propane long-distance pipeline in Kazakhstan. The general contracting was finalized in November 2025, and construction began in October of this year. It is expected to be put into operation by the end of 2028. The construction phase is expected to create about 1300 local job opportunities and also drive domestic equipment engineering services to go global.Editor/Li Xiaohua

Assembly of the first tower of Zhejiang ultra-high voltage ring network

On November 10, 2026, the first tower of the Zhejiang ultra-high voltage AC ring network project was completed in Shangyu, Shaoxing, and the project officially entered the tower assembly stage, helping to promote clean energy consumption and power grid supply in East China. This project is a key power engineering project during the 15th Five Year Plan period, with a total investment of 29.3 billion yuan. It is planned to be put into operation in November 2029 and will create the first provincial high-voltage AC ring network in China. The project can consume over 57 billion kilowatt hours of clean energy annually, effectively reducing carbon emissions and improving the power supply guarantee level in the Yangtze River Delta.Editor/Li Xiaohua

Xi'an Held the the Belt and Road Think Tank Council Meeting

On November 10, 2026, the 2026 Council Meeting of the the Belt and Road International Think Tank Cooperation Committee was held in Xi'an, Shaanxi Province. The meeting reviewed the preliminary work, discussed the direction of follow-up cooperation, helped build the the Belt and Road with high quality, and deepened the exchange of transnational think tanks. The meeting was chaired by Ren Weidong, Deputy Editor in Chief of Xinhua News Agency. The committee was initiated and established in April 2019, with 4 new member units added this time, bringing the total number of members to 150. The Chinese and foreign representatives attending the conference recognize the value of the platform and look forward to continuing research collaboration and gathering wisdom from multiple parties. Editor/Li Xiaohua

Hubei Electric Power Construction won the bid for the Graf Oilfield project in Iraq

Recently, China Power Construction Hubei Electric Power Construction Co., Ltd. received the winning bid notice for the second phase of the Graf Oilfield Power Station project in Iraq from China Tianchen Engineering Co., Ltd. The project is located in Zijar Province, Iraq. The power station uses gas as the main fuel and diesel as the backup fuel. The generated electricity directly serves the internal production of the Graf Oilfield. It is a landmark landing project of Hubei Electric Power Construction in the energy engineering direction of the oilfield area.Editor/Gong Ziwei

China Construction First Engineering Bureau wins the bid for Serbian project

China Construction First Engineering Bureau recently won the bid for the Dorćol waterfront commercial and residential complex project in Belgrade, Serbia, with a total construction area of approximately 51,000 square meters and mainly building apartment buildings and commercial facilities. The project is located in the historical and cultural district on the Danube River. It is part of Belgrade's core waterfront urban renewal project. Upon completion, it will become a new landmark integrating high-end residences, green public spaces and waterfront leisure.Editor/Gong Ziwei

China exports Brazil's largest single unit hydropower project to start construction

The expansion project of Unit 7 of Brazil's San Ximeng hydropower station has recently started construction, with Dongfang Electric and China Energy Engineering undertaking the mechanical and electrical EPC general contracting, and supporting Dongfang Electric's 310 MW mixed flow unit. The power station is located at the border of two Brazilian states and is the core peak shaving hub of the local power grid. After expansion, the total installed capacity reaches 2020 megawatts. The commencement of the project coincides with the 10th anniversary of the commissioning of the Jerry Hydroelectric Power Station in Brazil, which has the highest unit availability rate in Brazil.Editor/Gong Ziwei

Sungrow Power Australia signs three consecutive contracts

In 2026, Sungrow Power signed contracts with three Australian distributors during the Melbourne exhibition, totaling 1.5GW of photovoltaic and 4GWh of energy storage, including approximately 3GWh for residential and 1GWh for commercial and industrial use.Editor/Gao Xue

Upgrading of China Vietnam Jinshui River Port

On November 10, 2026, Yunnan and Laizhou Province of Vietnam held a ceremony to announce the upgrade of the Jinshui River Malutang highway port to an international port. The port's passenger and freight clearance capacity reached 2 million people/year and over 1 million tons/year.Editor/Gao Xue

Saudi Railway Track Design Tender

In November 2026, Saudi Railways SAR launched a tender for railway track design service framework. The bidding deadline is December 14, 2026, and a pre tender meeting will be held on November 12, 2026.Editor/Gao Xue

China Harbour won the bid for the dredging project of Monrovia Port in Liberia

Recently, China Harbour won the bid for the dredging project of Monrovia Port in Liberia. Monrovia Port is the largest foreign trade gateway port in the country, with a total dredging volume of approximately 1.12 million cubic meters and a designed water depth of -13.5 meters. It also carries out simultaneous salvage and removal of sunken ships and underwater obstacles. This is another water transportation project that China Harbour has won in Liberia, following the Bomi Iron Mine Supporting Channel Project. The business extends from the mining supporting terminal to the national main port.Editor/Li Xiaohua

CCCC SDC Pushes Ahead with Subsea Curved Pipe Jacking in Zhangpu

CCCC SDC undertook the construction of the Zhangpu tailwater discharge project in Fujian. The submarine curved top pipe successfully crossed the basalt rock layer and entered the dense sand layer for excavation. This project is the first of two processes, and after completion, it will collect the deep-sea discharge of tail water from six sewage treatment plants to assist in the ecological governance of nearshore waters. Editor/Min Jing

Shaanxi Chemical Construction Brings Ansai Wind Farm to Full-Capacity Grid Connection

The Yan'an Ansai 100000 kW wind power project undertaken by Shaanxi Chemical Construction has achieved full capacity grid connection. As a supporting project for Shaanxi Power's entry into Anhui Province, the project delivers an average of 220 million kilowatt hours of electricity annually. The construction team overcomes the complex conditions of the Loess Plateau and assists in the green transformation of energy in the old areas. Editor/Min Jing

Aidian Checkpoint Elevates Foreign Trade at Aidian Port

The Guangxi Exit Entry Border Inspection General Station reported that the import and export value of goods at Aidian Port in the first ten months of 2026 reached 160.429 billion yuan, a year-on-year increase of 34.43%. The website has launched a flexible customs clearance mechanism, opened a green channel for fresh produce, and deepened cooperation between China and Vietnam in law enforcement, continuously consolidating the operational efficiency of this China Vietnam economic and trade channel. Editor/Min Jing

Xinjiang has the largest installed capacity of energy storage in the country

Recently, State Grid Xinjiang Electric Power announced that as of the end of September, Xinjiang's new energy storage installed capacity was 25.115 million kilowatts, with an additional 4.964 million kilowatts added this year, ranking first in the country in terms of scale. The installed capacity of grid type energy storage was 6.61 million kilowatts. Xinjiang has formed a multi technology energy storage system to support the consumption of new energy in the Shagehuang large base. From January to September this year, the energy storage and charging capacity was 10.71 billion kilowatt hours, and the discharge capacity was 9.0 billion kilowatt hours. The local government will continue to promote the construction of new energy storage and grid connection, and increase the proportion of grid type energy storage.Editor/Li Xiaohua

Nansha Phase IV welcomes its first foreign trade liner

Recently, SITC YIHE docked at the Guangzhou Nansha Phase IV automated terminal, and the new Haifeng CJV6 foreign trade route officially landed. The Nansha Phase IV international liner has entered normal operation. This terminal is the world's first fully automated terminal for river sea rail multimodal transportation, integrating intelligent technologies such as 5G, Beidou IGV, and intelligent operations throughout the entire loading, unloading, transportation, and storage process. The route connects multiple ports in Nansha, Japan, and the coastal defense of Danang, Vietnam, strengthening the capability of the South China to Japan and Vietnam's near ocean passage. Xinhaifeng will continue to cooperate with Guangzhou Port and plan to add new routes and expand cabin space in the future.Editor/Li Xiaohua

China Machinery Construction Corporation wins Astana large-scale waste treatment project

The results of the second bidding for the Astana Energy Ecological Park project have been publicly announced, and the project preparation work is about to begin. This is currently the largest domestic waste treatment project in Astana, with Oriental Hope as the bidder and Shenzhen Energy Tendering Center responsible for bidding. All funds are self raised by the enterprise, and the winning bid amount is about 925 million yuan. The project processes 1500 tons of garbage per day, with an annual processing capacity of 547500 tons and a total construction period of 1025 calendar days. It is built using an EPC turnkey model and will become the first waste incineration power generation demonstration project in Central Asia to meet EU emission standards after completion.Editor/Li Xiaohua

Chinese financing escorts the landing of Kazakhstan's ethane propane pipeline

On November 9, 2026, China Development Bank signed a financing agreement worth 2.89 billion yuan to support the 210 kilometer ethane propane long-distance pipeline project in Kazakhstan, guaranteed by the local national welfare fund. This pipeline is the first of its kind in Kazakhstan, transporting associated gas from oil fields to supply petrochemical projects. It is constructed by a Chinese consortium and is scheduled to start construction in October 2026. It is planned to be put into operation by the end of 2028 and can provide approximately 1300 local jobs during the construction period.Editor/Gong Ziwei

The total order volume is expected to exceed 40 billion yuan in 2026

The total order volume of CNOOC Engineering is expected to exceed 40 billion yuan in 2026. In the first three quarters, the company's overseas market contracted amount was 15.173 billion yuan. During the reporting period, we successfully won the bid for the Qatar MM EPIC 2 project. After the contract was signed, the cumulative amount of signed orders in the Middle East region exceeded 50 billion yuan, which is an important milestone in achieving the strategic goals of the Middle East market.Editor/Gong Ziwei

China exports 582000 new energy passenger vehicles in October 2026

On November 9, 2026, the export of new energy passenger vehicles in October was 582000 units, a year-on-year increase of 144.7% and a month on month increase of 3.9%. Accounting for 62.8% of passenger car exports, an increase of 20 percentage points compared to the same period last year; Among them, pure electric vehicles account for 61.7% of new energy exports, and A00+A0 level pure electric vehicles account for 56.4% of pure electric exports.Editor/Gong Ziwei

China's largest single power flywheel energy storage project put into operation

On November 6, 2026, China's largest single-power flywheel energy storage project was connected to the grid at Huaneng Lanzhou Thermal Power Company, marking an important breakthrough in China's rapid frequency regulation technology for flywheel energy storage in thermal power bases. The 5 MW flywheel put into operation this time is currently the largest single-power flywheel in China. Its adjustment rate can reach 5 MW/s, its power storage can reach 1,250 kWh, its charge and discharge efficiency can reach over 85%, and its cycle life can reach tens of millions of times.Editor/Gong Ziwei

By 2030, China's charging infrastructure will exceed 40 million

At the press conference of the "15th Five Year Plan" series held on November 6, 2026, it was learned that by 2030, the proportion of electricity in China's terminal energy consumption will increase to about 35%. In the field of transportation, the National Energy Administration will promote the construction of high-quality charging and swapping infrastructure layout, and build a charging infrastructure network with urban surface, highway line, and rural point layout. By 2030, the number of charging infrastructure will exceed 40 million, forming a charging service capacity that supports more than 110 million electric vehicles.Editor/Gong Ziwei