Macro
Continuous optimization of China's foreign contracted engineering business structure
From January to October 2025, China's foreign contracted engineering business grew strongly, with a total industry turnover of 960.5 billion yuan and newly signed contracts of 1508.25 billion yuan, an increase of 8.6% and 19.4% year-on-year, respectively. Among them, the co construction of the "the Belt and Road" countries is the main growth engine. In the first 10 months, Chinese enterprises signed new contracts in these countries amounting to 1333.81 billion yuan, and completed a turnover of 804.24 billion yuan, a year-on-year surge of 24.4% and 9.4% respectively, indicating that the initiative has entered a new stage of high-quality development. At the same time, the business structure continues to optimize and expand into high value-added fields such as green energy; The construction of an international talent team continues to strengthen, with 349000 laborers dispatched overseas from January to October. In the future, with the growth of global infrastructure demand and the deepening of the "the Belt and Road" cooperation, China's overseas contracting business has broad prospects. Editor/Cheng Liting
Pre feasibility study on the launch of the Algerian to European Hydrogen Alliance project
The Algerian European Hydrogen Alliance (ALTEH2A) and the participants of the SoutH2 Corridor project held a special meeting in Berlin to conduct in-depth discussions on the factors that affect the successful import of hydrogen energy from Algeria. This meeting marks the official launch of the pre feasibility study for the ALTEH2A project, which will systematically analyze the layout of Algeria's green hydrogen production base, potential transportation routes, and European market acceptance capacity. It is expected to form a preliminary strategic plan for the construction of hydrogen energy infrastructure from Algeria to Europe in the second half of 2026. Multi party construction of green hydrogen corridor to promote the transformation of European energy structure The ALTEH2A project was launched in October 2024 through a memorandum of understanding signed by VNG AG from Germany, SONATRACH and Sonelgaz from Algeria, Snam and SeaCorridor from Italy, and VERBUND from Austria. The cooperating parties will jointly evaluate the technical and economic feasibility of large-scale green hydrogen production in Algeria, and study the implementation plan of transporting it to Europe through the SoutH2 corridor. The corridor is over 3000 kilometers long, connecting North Africa, Italy, Austria, and Germany, and has been listed as a project of common interest by the European Union. In January 2025, the five relevant countries signed the Joint Statement on Political Support for the Southern Hydrogen Corridor, providing policy support for its strategic advancement. VNG CEO Ulf Heimler pointed out that the construction of SoutH2 hydrogen energy infrastructure will create an important opportunity for Europe to introduce low-cost green hydrogen on a large scale, which has strategic significance for ensuring regional energy security and promoting decarbonization in the industrial sector. Nour Eddine DAOUDI, CEO of SONATRACH, emphasized that Algeria is actively building a green hydrogen production and export center with abundant renewable energy, improved energy infrastructure, and superior geographical location. The ALTEH2A project will become an important practice for Algeria to build an energy partnership with EU countries, opening up new paths for sustainable development and international cooperation. Editor/Yang Beihua
Heilongjiang Province launches a 6 million kilowatt energy storage construction plan
Heilongjiang Province recently released the "Special Implementation Plan for Large scale Construction of New Energy Storage (2025-2027)", which specifies that the installed capacity of new energy storage will exceed 6 million kilowatts by 2027. This plan constructs a collaborative development pattern of "source grid load", supporting large-scale energy storage around clean energy bases on the power supply side, laying out energy storage power stations in load centers on the power grid side, and innovating models such as "energy storage+park" and "energy storage+computing center" on the user side, comprehensively enhancing the new energy consumption capacity. At the same time, the plan introduces market-oriented trading mechanisms and capacity compensation mechanisms, and innovatively utilizes retired thermal power plant resources to build energy storage power stations, and carries out demonstration of grid based energy storage technology. This series of measures will effectively solve the problem of new energy consumption, drive investment in the energy storage industry chain, and provide important demonstrations for the transformation of energy and the construction of new power systems in Northeast China. Editor/Cheng Liting
Jiangxi's project investment exceeded 320 billion yuan in the first ten months
From January to October 2025, 574 key construction projects in Jiangxi Province were solidly promoted, with a cumulative investment of 320.036 billion yuan, reaching 81.9% of the annual plan and exceeding the timeline by 5.2 percentage points. Among them, the continuation project has the fastest progress, completing 92.1% of the annual investment; 154 new projects have started, with a commencement rate of 79.8%. The total investment of key projects in the province exceeds 1.5 trillion yuan, with a planned investment of 390.9 billion yuan this year. The overall construction progress is in line with expectations, providing solid support for the economic development of the province. Editor/Cheng Liting
From January to October, the national railway completed 671.5 billionets investment
China Railway Group reported that from January to October this year, the national railway completed 671.5 billion yuan of fixed assets investment, up 5.7% year on year. Since October, a number of key ongoing construction projects have made positive progress. The Panzhou Xingyi high-speed railway has entered the operational testing stage, the Guangzhou Zhanjiang high-speed railway Guangzhou Xinxing South section has entered the joint debugging and testing stage, the main structure of the Xi'an East Station building has been successfully completed, and the Suining Fujiang Grand Bridge of the Chengdu Dazhou Wanzhou high-speed railway has been successfully closed. Next, China Railway Group will actively promote the construction of key projects, ensure the high-quality completion of the annual railway construction investment task, and strive to achieve a successful conclusion to the 14th Five Year Plan. Editor/Xu Shengpeng
Jiuwu Intelligent Robot R&D and Production Headquarters Project Starts
Jiuwu Intelligence is a young robotics company that has attracted the attention of globally renowned clients with the support of AI algorithms. The company settled in Wuzhong Economic Development Zone in 2021 and is a high-tech enterprise specializing in providing "mobile robot+" system solutions, as well as research and development, manufacturing, sales, and services of intelligent mobile robots and LiDAR. Its products are mainly used in industries such as photovoltaics, lithium batteries, electronics, semiconductors, machining, chemical fibers, medical care, as well as obstacle avoidance, navigation, and security. Currently, the total number of robots delivered has exceeded 10000, with over 150 authorized patents. Last year, the output value exceeded 1 billion yuan, and the compound annual growth rate of output value in the past three years has been over 100%.Editor/Bian Wenjun
Gansu Province Discovers 700 Million Tons of Metallurgical Magnesium Dolomite Ore
Recently, according to the Department of Natural Resources of Gansu Province, a large magnesium dolomite deposit with a total resource of 700 million tons has been successfully discovered in Kongdong District, Pingliang City, Gansu Province, marking a major breakthrough in mineral exploration in the region. The deposit is located in the Zhuanmatai area of Kongtong District. The exploration results show that the ore body is located in the shallow marine carbonate strata of the Wangquankou Formation of the Jixian System in the Middle Proterozoic, and is a high-quality magnesium dolomite deposit. At the same time, the mine has the advantages of large scale, shallow burial, gentle dip angle, and stable thickness, making it convenient for open-pit mining. According to estimates, the accumulated amount of dolomite ore for magnesium smelting within the open-pit mining boundary exceeds 700 million tons, and there are also more than 300 million tons of dolomite for construction that can be comprehensively utilized. In addition to being an important raw material for smelting magnesium metal, this dolomite mine can also be used in industrial fields such as refractory materials, metallurgical fluxes, glass, and ceramics, with enormous potential for comprehensive resource utilization. Editor/Xu Shengpeng
Iraq launches $17 billion 'Road to Development' plan
The "road to development" plan launched by Iraq was jointly signed by Türkiye, Qatar and the United Arab Emirates, and will invest 17 billion dollars to build a transportation corridor from Port Fao to Türkiye. The annual railway capacity of this project is expected to reach 3.5 million containers and 22 million tons of bulk cargo. After the first phase is completed in 2028, the annual revenue will be about 4 billion US dollars, which is expected to drive an annual increase of 10% to 15% in Middle East trade. The plan includes 1190km highway and double track railway, starting from Fao Port in the south and connecting with Türkiye network in the north. Fao Port is constructed by Daewoo of South Korea and is expected to become the largest container port in the Middle East after completion in 2025. At present, the project is still in the design stage, and the route planning has sparked controversy due to avoiding the Kurdish region. Financing mainly relies on the Iraqi budget, and external investment has not yet been implemented. The analysis points out that the project faces challenges such as corruption, administrative efficiency, and regional homogenization competition, but its potential to connect Asia and Europe still attracts attention. If smoothly promoted, it will become a crucial step for Iraq's economic transformation and regional connectivity. Editor/Yang Beihua
In September, the operating rate of industrial silicon in China was 39.45%
According to industry statistics, the overall operating rate of China's industrial silicon industry in September this year was 39.45%, maintaining a relatively low level, mainly due to weak market demand and production restrictions in some regions. From a regional perspective, Xinjiang, as the largest industrial silicon production base in China, has maintained a high operating rate of 62.56% due to its energy cost advantage and large-scale production capacity; The operating rate of Sichuan production area is 45.31%, which is affected by seasonal fluctuations in hydropower and capacity release; The operating rate in Yunnan's production areas is only 28.49%, continuously constrained by the dual constraints of tight power supply during the dry season and environmental restrictions on production. This regional difference not only reflects the characteristics of resource endowment and energy structure in different regions, but also reflects the deep adjustment that industrial industries are undergoing under the background of the "dual carbon" target. Overall, the industrial silicon industry is currently in a critical stage of supply-demand rebalancing, and future production capacity layout will pay more attention to the coordinated development with energy structure and environmental capacity.Editor/Cheng Liting
Why has green hydrogen become the 'champagne of energy transition'?
In 2025, green hydrogen, as an important option for clean energy, has attracted widespread attention for its applicability. According to the analysis released by Greenpeace, green hydrogen should be used in specific scenarios and should not be seen as a universal solution. Hydrogen energy is divided into different "colors" according to its production method: gray hydrogen is produced from natural gas and emits a large amount of carbon dioxide; Blue hydrogen combined carbon capture technology, but with high cost and risk; Green hydrogen is produced by electrolyzing water from renewable energy sources to achieve climate neutrality, but producing 1 kilogram requires approximately 55 kilowatt hours of electricity. In addition, there are various types such as red hydrogen, orange hydrogen, and yellow hydrogen. Green hydrogen is mainly suitable for fields that are difficult to electrify, such as some steel production, specific metal manufacturing, and hydrogenation processes in the petrochemical industry. In terms of energy storage, hydrogen has low conversion efficiency and energy loss can reach up to 60%. In scenarios such as heating and road traffic, green hydrogen lacks economic and efficiency advantages. The efficiency of heat pumps is about 5 times that of hydrogen heating, and the efficiency of electric vehicles is also 3 times that of hydrogen internal combustion engines. In addition, storage and transportation solutions for liquid hydrogen and ammonia still face challenges in terms of immature technology and facility renovation. Experts point out that achieving climate goals should prioritize direct electrification, improving energy efficiency and conservation, and green hydrogen can only serve as a supplement to specific fields. As economist Claudia Kenfert said, it is more like "champagne in the energy transition" - precious but not universal. Editor/Yang Beihua
Far East Energy wins bid for Jilin Da'an 100000 kW wind power project
The bidding results of the EPC general contracting project for the 100000 kW wind power project of Da'an Tongrui New Energy Co., Ltd., including the wind turbine, tower, and connecting accessories, were announced today. Yuanjing Energy Co., Ltd. successfully won the bid with a bid amount of 188.6 million yuan. The project is located in Haituo Township, Longzhao Town, Da'an City, Jilin Province, with a planned installed capacity of 100MW. The project will install 12 wind turbines with a single capacity of 7.7MW and 1 wind turbine with a single capacity of 7.6MW, all with impeller diameters of 220 meters and hub heights of 125 meters. In addition, the project will also be accompanied by the construction of a new 220kV substation. Editor/Yang Beihua
World leading Tibetan Guangdong ultra-high voltage direct current project launched
The ± 800 kV high-voltage direct current transmission project from southeastern Tibet to the Guangdong Hong Kong Macao Greater Bay Area has officially started construction. This world-class power project is planned to be fully operational by 2029, with a total investment of approximately 53.2 billion yuan and a supporting power base investment of over 150 billion yuan. The total length of the transmission line of the project is 2681km, spanning four provinces and regions of Xizang, Yunnan, Guangxi and Guangdong, with a rated transmission capacity of 10 million kilowatts. After completion, the project can deliver over 43 billion kilowatt hours of clean electricity annually to the Guangdong Hong Kong Macao Greater Bay Area, equivalent to half of the annual power generation of the Three Gorges Dam. It can replace about 12 million tons of standard coal and reduce carbon dioxide emissions by about 33 million tons. As a key project in China's 14th Five Year Plan, the Tibet Guangdong DC project faces multiple technical challenges such as 4300 meter ultra-high altitude power transmission and crossing plateau hills. The project will apply new technologies such as digital twins and artificial intelligence to create a demonstration project for digital transformation. The project will not only optimize China's energy allocation and promote green development, but also drive direct employment of more than 100000 people, promote the economic development of Xizang, and consolidate China's technological leadership in the international power industry. Editor/Yang Beihua
Alashankou Port Creates a Gold Channel of the Belt and Road Combined Transport
Alashankou Railway Port completed 13.155 million tons of freight traffic in the first three quarters, up 6.2% year on year, a record high and a vivid witness to the vitality of the the Belt and Road international intermodal transport corridor. This achievement is attributed to the continuous upgrading of infrastructure and the comprehensive improvement of operational efficiency. With the opening of the Jing-A Second Line, the port's standard gauge and wide gauge transportation capabilities have increased by 15% and 30% respectively; The renovation of the loading and unloading line completed this year has increased the daily loading and unloading capacity by 7700 tons, effectively ensuring efficient turnover of goods. In terms of operational coordination, the port has established a normalized coordination mechanism with customs, border inspection, and Kazakhstan, setting a record of receiving and dispatching 24 pairs of trains in a single day on a wide gauge, greatly improving customs clearance efficiency. At the same time, the China Europe freight train network continues to expand, with 125 routes now open, covering 21 countries. The goods category has expanded from daily necessities to more than 200 types such as automotive parts and precision machinery, achieving a leap from light small items to heavy equipment. This former border port is driving a new chapter of connectivity on the Silk Road in the new era through the dual wheel drive of hard infrastructure and soft connectivity. Editor/Cheng Liting
CDB's financial water flow precisely enables the construction of the the Belt and Road
China Development Bank has actively provided high-quality services for the joint construction of the the Belt and Road. By the end of September this year, its international business has covered 118 joint construction countries. Since the 14th Five Year Plan period, it has issued loans amounting to more than 780 billion yuan. In 2023, China Development Bank will establish a RMB 350 billion financing window to support joint construction projects in a market-oriented manner. Through diversified services such as project loans, fund investments, and green finance, we have not only supported the construction of major projects such as the Vientiane Saiseta Comprehensive Development Zone in Laos, but also provided precise support for the development of small and medium-sized enterprises in 33 African countries. As of the end of September, 39.4 billion yuan of special loans for stabilizing foreign trade have been issued, and 36.46 billion yuan of transfer loans have benefited over 10000 small and micro foreign trade enterprises. The Bank coordinated and supported major landmark projects and small and beautiful livelihood projects, granted 23.39 billion yuan of special loans to small and medium-sized enterprises in Africa, directly created 270000 jobs, benefited 110000 farmers, and demonstrated the unique value of development finance in the joint construction of the the Belt and Road. Editor/Cheng Liting
China's import and export volume reached 1.737 trillion yuan in the first three quarters
The State Council Reform Office held a press conference on the 13th. Wang Jun, Deputy Director of the General Administration of Customs, said that China's import and export to countries jointly building the "the Belt and Road" in the first three quarters of 2025 reached 17.37 trillion yuan, up 6.2% year on year, 2.2 percentage points higher than the overall import and export growth. In terms of imports, 64.6% of China's bulk commodity imports come from co built countries, and the proportion of agricultural product imports reaches 69.1%, both of which have increased compared to the same period last year. Since the beginning of this year, the General Administration of Customs has signed more than 100 cooperation documents with co building countries, of which agricultural and food product access documents account for over 70%. In terms of exports, there is a trend of structural optimization in the export of jointly built countries, with electronic information products, high-end equipment, and wind turbines increasing by 16.6%, 37%, and 58% respectively. The export of "clothing, food, furniture, and transportation" products such as textiles and clothing, food, furniture, and automobiles all maintained growth. Wang Jun pointed out that in 2024, countries jointly building the "the Belt and Road" accounted for more than 50% of China's imports and exports for the first time, and further increased to 51.7% in the first three quarters of this year. The trade index of China and the countries jointly building the "the Belt and Road" has risen from 100 in the base period in 2013 to 198 in 2024, fully reflecting the strong momentum and growth potential of bilateral economic and trade cooperation. Editor/Cheng Liting
Lithium battery manufacturers compete for the low altitude economic battery market
Recently, many lithium battery manufacturers, including Huizhou Yiwei Lithium Energy Co., Ltd., China Innovation Aviation Technology Group Co., Ltd., Xinwangda Electronics Co., Ltd., Funeng Technology (Ganzhou) Co., Ltd. and other listed companies, have disclosed their latest developments in battery products in the low altitude economy field. Multiple lithium battery manufacturers are competing in the low altitude economic battery market, partly to see the broad prospects of the eVTOL market; On the other hand, it also reflects that the collaborative cooperation between lithium battery companies and eVTOL manufacturers has entered a new stage, which may effectively solve the bottleneck of eVTOL power and press the 'accelerator button' for the lithium battery industry to seek new growth. ”Qin Ruohan, General Manager of Guangzhou Shengtian Jinhua Private Equity Fund Management Co., Ltd., told reporters. Lithium battery manufacturers are competing to expand into the eVTOL field, with the core being that eVTOL is not only an emerging application scenario, but also an ideal "testing ground" for (semi) solid-state batteries. The technological advantages of (semi) solid-state batteries may effectively solve the power bottleneck of eVTOL. Editor/Xu Shengpeng
China's export of industrial robots increased by 54.9% in the first three quarters
On October 13th, Wang Jun, Deputy Director General of the General Administration of Customs, stated at a press conference that with the continuous development of new quality productivity and the upgrading of key industries, the structure of China's export products is constantly optimized and innovated. The application scenarios of robots manufactured in China are becoming more diverse and constantly popular in the international market. In the first three quarters, China's export of industrial robots increased by 54.9%. Wind power has accelerated its overseas expansion, with exports of wind turbines and components increasing by 23.9%. In addition, Loong Boat, wood carving, Paper Cuttings and other intangible cultural heritage products exported by China have joined the contemporary trend elements, and "old handicrafts" have given new vitality and are widely welcomed overseas. Editor/Xu Shengpeng
The scale of ASEAN's digital economy may reach 2 trillion US dollars by 2030
The ASEAN Digital Economy Framework Agreement (DEFA) is currently in its 14th round of negotiations in Jakarta, with a progress rate expected to reach 70%. It is expected to be signed and implemented in 2026. By 2030, the value of Indonesia's digital economy will reach $360 billion, a significant increase from $90 billion in 2024. Among them, e-commerce is the main pillar industry, which is expected to contribute approximately $150 billion by 2030. Editor/Xu Shengpeng
The "hot" force of passenger transport in China Laos railway is not reduced
According to China Railway Kunming Bureau Group, the China Laos Railway has made great achievements since it was put into operation on October 8. A total of 84000 passenger trains have been operated, and over 60 million passengers have been transported along the entire line, effectively promoting regional connectivity and economic development along the route. As of October 8th this year, the demand for passenger travel has been strong, with 15.48 million trips sent, a year-on-year increase of 2.38%, and nearly 200000 cross-border passengers, a year-on-year increase of 3.17%. In the past four years of operation, the passenger volume has grown strongly, with the monthly volume increasing from 600000 in the initial stage to 1.6 million now. The daily average number of passenger trains in the domestic section has increased from 8 to a maximum of 86, with a total of 49.49 million passengers dispatched; The daily operation of the Laos section has increased from 4 trains to a maximum of 18 trains, with a total of over 10.58 million passengers sent, and the "golden channel" effect continues to amplify.Editor/Cheng Liting
Tianjin's first demonstration street (township) employment post station starts operation
On September 29, 2024, the employment station in Zhongshan Gate Street, Hedong District, Tianjin officially started operation. This employment station is the first demonstration street (township) employment station in the city, planned and guided by the human resources and social security departments at both the urban and rural levels, and built based on grassroots party and mass service centers. According to the requirements of standardized construction, the employment post station in Zhongshan Gate Street is located at the Longtan Road Party and Mass Service Center, which is densely populated and conveniently accessible. It radiates 15 communities, 85000 residents, and more than 1000 businesses and merchants within the street area. Three basic functional areas, including reception service area, information query area, and comprehensive activity area, are designated within the station, equipped with various specialized, information-based, and intelligent service facilities and equipment. Service functions, service hours, service processes, and personnel information are prominently displayed. The post station gathers various functions such as demand investigation, job recruitment, handling services, policy promotion, supply-demand matching, entrepreneurship guidance, employment assistance, etc., and provides accurate and convenient public employment services at the doorstep of employers and residents in the jurisdiction through various online and offline methods. Editor/Zhou Yingwen
Xinjiang Electric Power Transmission Lights Up Thousands of Homes
On September 29, 2024, on the vast land of Xinjiang in the northwest border of China, there are endless energy treasures hidden. As the "Three Bases and One Channel" designated by the central government, Xinjiang is contributing to the country's economic development and energy security through its strong energy strength and the "Xinjiang Electricity Transmission" project. Xinjiang is a treasure trove of energy, with abundant resources of coal, solar energy, and wind energy. The cumulative proven coal resources rank second in the country, wind energy resources rank second in the country, and the theoretical reserves of solar energy resources account for 40% of the country's technically exploitable reserves, ranking first in the country. Xinjiang, with such superior conditions, has a bright prospect for the development of the energy industry. The 'West East Electricity Transmission' has become an important means to ensure the balance of power supply and demand in the central and eastern regions and promote coordinated regional economic development. The ongoing implementation of the "Xinjiang Electricity Transmission" project is of great significance in promoting the intensive development of Xinjiang's energy base and transforming Xinjiang's resource advantages into economic advantages. Editor/Zhou Yingwen
Wang Yi Meets with Estonian Foreign Minister Chahekna
On September 26th, Wang Yi, member of the Political Bureau of the Communist Party of China Central Committee and Minister of Foreign Affairs, met with Estonian Foreign Minister Chahekna during the United Nations General Assembly in New York. Wang Yi stated that Estonia is an important partner of China in the Baltic Sea region. Friendly cooperation is the main theme of bilateral relations, which conforms to the common expectations of the two peoples and is also the direction that both sides need to continue to grasp. China and Estonia have different historical and cultural backgrounds, environments, and challenges, but this does not affect the two countries from strengthening mutually beneficial cooperation, serving the well-being of the people, or jointly maintaining international peace and security on the basis of respecting the purposes and principles of the United Nations Charter. China is willing to continuously enhance mutual trust with Estonia, continue to value each other's legitimate concerns on core interests, and lay a solid political foundation and inject vitality into bilateral relations. As an important member of the European Union, we hope Estonia can promote EU institutions to adhere to free trade, resolve differences through dialogue and negotiation, and promote the healthy and stable development of China EU relations. Editor/Zhou Yingwen
The 2nd Guangdong Construction Industry High Quality Development Forum
On September 25, 2024, the 2nd Guangdong Construction Industry High Quality Development Forum and "Intelligent Construction and Quality Safety" on-site observation activity were held in Guangzhou. This event is guided by the Department of Housing and Urban Rural Development of Guangdong Province, hosted by Yangcheng Evening News Group and China Construction Third Engineering Bureau Co., Ltd., co organized by Guangdong Construction Industry Association, and organized by Guangdong Construction Newspaper and China Construction Third Engineering Bureau Group South China Co., Ltd. About 300 people, including relevant officials from the housing and construction bureaus and construction industry associations in various cities in Guangdong, experts in the construction field, and representatives of construction enterprises, participated in the forum, focusing on the field of intelligent construction, exchanging and promoting excellent experiences, and jointly exploring new paths for high-quality development of the construction industry. Editor/Zhou Yingwen
The Belt and Road Overseas Chinese Business Cooperation and Development Conference
On September 24, the the Belt and Road Overseas Chinese Entrepreneurs Cooperation and Development Conference opened in Chongqing on September 24. More than 360 overseas Chinese businessmen from more than 80 countries and regions gathered in the mountain city to inject momentum into the economic cooperation and cultural exchanges between Chongqing and the countries and regions along the the Belt and Road. This conference is jointly organized by the China Overseas Chinese Business Association, the Chongqing Municipal Government Overseas Chinese Affairs Office, and the Chongqing Overseas Chinese Federation, with the theme of "Connecting Overseas Chinese on Land and Sea, Gathering Strength to Create a New Chapter". The conference adheres to the principle of "attracting overseas Chinese investment to Chongqing" and "assisting Chongqing enterprises to go abroad", focusing on four major topics: the new land sea channel in the western region, the cultivation of new quality productivity, the deep integration of culture and tourism, and the expansion of the international market for Chongqing enterprises. It has set up four parallel special events, including the Land Sea Treaty · Overseas Chinese Encounter Chongqing - Land Sea New Channel Construction, the Mountain and Water City · Open City - Telling Chongqing to the World, Gathering Overseas Chinese Intelligence · Moving New -2024 New Overseas Chinese Science and Technology Innovation Investment Cooperation Matchmaking Meeting, Assisting Enterprises to Sail and Escort Overseas Chinese Business Matchmaking Meeting, as well as three visiting routes from Shapingba to Bishan, Yubei to Liangjiang New Area, and Wanzhou to Kaizhou, to promote Chongqing and overseas Chinese business to deepen and diversify their cooperation. Field exchange and cooperation. Editor/Zhou Yingwen
Over 4000 China Europe freight trains arrive and depart from the SCO demonstration zone
On September 20, 2024, according to statistics, as of August 2024, the China Shanghai Cooperation Organization Local Economic and Trade Cooperation Demonstration Zone had a total of 4002 China Europe freight trains, shipped 328000 containers, and transported 2.763 million tons of import and export goods. Song Tao, Deputy Director of Jiaozhou Customs under Qingdao Customs, introduced that from January to August 2024, there were 753 China Europe freight trains arriving and departing from the SCO demonstration zone, a year-on-year increase of 10.4%. Among them, there were 356 round-trip trains to and from Central Asian countries such as Kazakhstan and Uzbekistan, a year-on-year increase of 43.0%, and an increase of 185% in the number of return trains. It is reported that the SCO Demonstration Zone relies on a multimodal transportation hub and focuses on building the SCO International Hub Port, leveraging the advantages of the "sea, land, air, and rail" four port linkage to smooth the import and export trade logistics channels. At present, the SCO Demonstration Zone has regularly operated 22 international train routes, reaching 23 SCO and 54 cities in the the Belt and Road countries. Editor/Zhou Yingwen
The outbound coal transportation volume of Xinjiang railway increased by 51% year-on-year
On September 18, 2024, the railway department in Xinjiang shipped 105 million tons of coal, a year-on-year increase of 17.1%. Among them, the coal export volume from Xinjiang reached 60.166 million tons, a year-on-year increase of 51%, providing strong support for ensuring national energy security and serving regional economic and social development. Since 2024, with the accelerated release of high-quality coal production capacity in Xinjiang, the demand for coal transportation from Xinjiang has become increasingly strong. The railway department in Xinjiang continues to enhance its coal transportation capacity by strengthening service marketing, implementing measures to tap potential and improve efficiency, and improving the functional layout of inbound and outbound channels. Since the beginning of this year, the daily average loading volume of Xinjiang coal transportation has reached 3422 vehicles, a year-on-year increase of 47.7%. Recently, 233000 tons of coal have been transported outside Xinjiang every day, and the consumable days of coal stored in direct power plants have remained at a high level, which has better met the demand for coal supply in various regions. Editor/Zhou Yingwen
The international freight volume of the China Laos Railway has exceeded 10 million tons
On September 17, 2024, with a cold chain international train loaded with fresh vegetables, seasonal fruits and other goods slowly leaving Mohan Station of the China Laos Railway, the cumulative volume of goods transported by the international freight trains of the China Laos Railway officially exceeded 10 million tons. This landmark achievement has witnessed the rapid development of the "golden line" of the China Laos Railway in the field of cross-border logistics since its opening, and has also demonstrated the profound potential and broad prospects of economic and trade cooperation between China, Laos and Southeast Asian countries. Editor/Zhou Yingwen
Xiamen 'Free Trade International Fund Port' unveiled and put into use
On September 9, 2024, the Free Trade International Fund Port was officially unveiled and put into use in Xiamen. It was witnessed by more than 200 representatives of the the Belt and Road Investment Fund in Hungary, Malaysia, large domestic financial leasing companies, financial leasing companies, head funds, banks and their head office investment banking departments and other financial industry institutions, as well as special guests of the International Investment Forum. At the meeting, Guo Guirong, Vice Chairman of the CPPCC Xiamen Municipal Committee, He Dongning, Secretary of the Party Leadership Group and Director of the Xiamen Free Trade Commission, and Jiang Zhigang, Vice Chairman of the Silk Road Planning and Research Center of the CPPCC National Committee and Director of the Industry and Investment Committee, delivered speeches respectively, emphasizing the important role of the Xiamen Free Trade Zone in building a node city of a new development pattern and doing a good job in the "five chapters" of finance, and placing high hopes on the future Xiamen Free Trade Zone to take the lead in deepening capital market reform and promoting the construction of the the Belt and Road. Editor/Zhou Yingwen
Nansha accelerates the construction of the 'Silicon Valley of the Greater Bay Area'
On September 3, 2024, the Hong Kong University of Science and Technology (Guangzhou) Science and Technology Innovation Transfer and Transformation Base was unveiled here. This newly put into use park will be closely integrated with newly established universities in the future, actively introducing various innovative projects born in Hong Kong University of Science and Technology, Hong Kong University of Science and Technology (Guangzhou), and domestic and foreign universities, forming a cluster development trend. Starting from the base, with the continuous support of policies and resources, more innovative elements will continue to gather and land in Qingsheng around HKUST (Guangzhou) as the core in the future, driving the coordinated development of industries and actively advancing towards the goal of "Silicon Valley in the Bay Area". For Nansha, the opening of the HKUST (Guangzhou) Science and Technology Innovation Achievement Transfer and Transformation Base is a microcosm of the transformation of development momentum. The participation of research institutions, state-owned enterprises, private enterprises and other parties, and the acceleration of the efficient transformation of scientific and technological achievements from universities such as HKUST through cooperation between Guangdong and Hong Kong, will ignite a new engine of innovation driven high-quality development for Nansha, which is in a period of structural adjustment, power transformation and advantage reconstruction. Editor/Zhou Yingwen
Wang Huning Meets with Guinea Bissau President Enballo
On September 3, 2024, Wang Huning, Chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), met in Beijing on the 3rd with President Ngalog of Guinea Bissau who was in China to attend the Beijing summit of the Forum on China-Africa Cooperation. China is willing to work together with Guinea Bissau to continuously achieve new results in the development of China Guinea Bissau and China Africa relations. The National Committee of the Chinese People's Political Consultative Conference is willing to play an active role in this regard. Enballo stated that China truly understands Africa and has not only strongly supported Africa's efforts for national liberation, but has also sincerely helped accelerate Africa's development, winning the trust and friendship of African countries and peoples. Ji Bi cherishes the brotherhood with China, firmly adheres to the One China principle, and looks forward to taking this summit as an opportu