Macro
China's first marine biopharmaceutical development document released
On May 28th, the Ministry of Natural Resources and eight other departments issued the "Guiding Opinions on Accelerating the High Quality Development of Marine Drugs and Functional Products", which is the first policy document at the national level for the development of the marine biopharmaceutical industry. The guidance emphasizes the overall strengthening of the construction of the full chain innovation system of "resource chain+technology chain+industry chain+application chain" in the industry, promoting the deep integration of scientific and technological innovation and industrial innovation, and achieving the listing of multiple marine innovative drugs by 2030, with the added value of the industry exceeding 130 billion yuan. Marine drugs have a wide range of sources, novel structures, unique activities, and strong differences. Currently, China's independently developed marine drugs account for nearly 30% of the global marketed categories.Editor/Gong Ziwei
China Laos Railway has operated more than 100000 passenger trains in total
According to the data on May 27, 2026, since the opening of the China Laos Railway in December 2021, more than 100000 passenger trains have been operated, 73 million passengers have been sent, and 840000 cross-border passengers have been sent. After nearly five years of operation, the passenger flow of the entire line has significantly increased, with both the middle and old sections experiencing a significant increase in operating schedules and daily passenger flow. International passenger train capacity and seats continue to increase, port clearance efficiency is optimized, and cross-border travel is becoming increasingly convenient. The continuous release of connectivity value by the route has driven increased consumption and revenue along the route. This year, passenger and cross-border flow data have steadily increased year-on-year, with significant benefits and empowerment effects for the people.Editor/Gong Ziwei
Accumulated shale oil production exceeds 2 million tons
On May 25, 2026, Sinopec announced that the cumulative production of Shengli Jiyang Shale Oil National Demonstration Zone had exceeded 2 million tons, marking a historic breakthrough in the exploration and development of medium to low maturity terrestrial shale oil in China.Editor/Gao Xue
China Power Construction Corporation advances the Hangzhou Jinqi Green Hydrogen Project
In May 2026, China Power Construction New Energy issued a procurement announcement for risk spillover assessment of the Hangjinqi wind solar hydrogen integration project. The total investment of the project is 1.122 billion yuan, with a planned wind power of 135000 kilowatts and photovoltaic power of 65000 kilowatts. The annual production of green hydrogen is 7000 tons, and it is planned to be completed by 2026.Editor/Gao Xue
The largest grain and oil terminal along the Yangtze River has been put into operation
On May 21, 2026, Nantong Port Tiansheng Port Area's 100000 ton grain and oil terminal was approved for temporary use, with a designed annual throughput capacity of 11.5 million tons. The total investment of the project is 2.11 billion yuan, making it the largest grain and oil dedicated terminal along the Yangtze River, which will enhance the capacity of grain and oil transit transportation.Editor/Gao Xue
New railway sea intermodal transportation and free trade port transit channel connected
In May 2026, a batch of motorcycle parts transported by railway from Chongqing to Zhanjiang and transshipped by sea to Yangpu Port were exported to Myanmar, achieving Hainan's first railway sea multimodal clearance. The new model allows for full passage of a single declaration, reducing clearance time by 30% and lowering logistics costs by approximately 15%.Editor/Gao Xue
China's cumulative installed power generation capacity is 3.99 billion kilowatts
On May 25, 2026, the National Energy Administration released national electricity statistics for the months of January to April. As of the end of April, the cumulative installed power generation capacity in China was 3.99 billion kilowatts, a year-on-year increase of 14.2%. Among them, the installed capacity of solar power generation was 1.25 billion kilowatts, a year-on-year increase of 26.2%; The installed capacity of wind power was 660 million kilowatts, a year-on-year increase of 22.0%.Editor/Gong Ziwei
In April 2026, the passenger and cargo volume at Khorgos Port will increase significantly
In May 2026, the passenger and freight traffic volume of Khorgos Road Port will maintain a steady growth trend in the first four months, giving full play to its regional advantages, and the inbound and outbound passenger and freight traffic volume will increase significantly, helping Khorgos area of Xinjiang Free Trade Zone continue to open up to the outside world.Editor/Gao Xue
Kyrgyzstan collaborates with China to build coal logistics hub
Kyrgyzstan and Chinese enterprises jointly launched the Elkshtam coal logistics project, with a total investment of 430 million US dollars, an initial phase of 50 million US dollars, an annual transportation capacity of 10 million tons, and a conveyor belt extension from 7.7 kilometers to 157 kilometers, expected to create more than 100 job opportunities. The project has received support from the Jilin Green Corridor policy, helping to upgrade its coal exports. Editor/Cheng Liting
Fujian Taiwan Logistics Upgrade Sea Air Dual Track
In May 2026, the first batch of 18.6 tons of cross-border e-commerce goods will be shipped from Fuzhou to Mazu and Keelung via Qingzhou Port in Mawei, marking the upgrade of logistics to Taiwan from a single air route to a dual track sea and air route. Shipping costs by sea save 90% compared to air transportation, achieving cost reduction and efficiency improvement.Editor/Gao Xue
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
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
Fujian Jiangxi Sea Railway Intermodal New Channel Connected
In May 2026, the Zhonghui 79 ship, loaded with electric coal, docked at the Guotou Meizhou Bay Port. The coal was transported by belt to the yard and then sent directly to Shangrao, Jiangxi by railway, achieving integrated ship unloading, transfer, and loading operations, marking the opening of a new channel for coal transportation from Fujian to Jiangxi.Editor/Gao Xue
2600 kilometers of sand crossing roads will be constructed in Inner Mongolia
In 2026, Inner Mongolia plans to construct 2600 kilometers of sand crossing roads. As of the end of April, 41 projects have started construction and completed 710 kilometers, accounting for approximately 27% of the annual task. From Maowusu to Keerqin, a comprehensive battle to control desertification by road is unfolding. Editor/Cheng Liting
Daqing Oilfield's wind and solar power generation exceeds 600 million kilowatt hours
As of May 15, 2026, the wind and solar power generation capacity of Daqing Oilfield in 2026 has exceeded 600 million kilowatt hours, which is 1.46 times that of the same period in 2025. The efficiency of new energy generation continues to rise, and green transformation and development have achieved new breakthroughs. Editor/Gong Ziwei
In April 2026, foreign trade will shift towards global collaboration
In April 2026, the operating rate of port equipment increased by 7.65% year-on-year. Coastal provinces maintained their advantages, while inland provinces such as Sichuan and Shaanxi relied on the China Europe freight train to become new engines of foreign trade, enhancing the resilience of cross-border supply chains.Editor/Gao Xue
Inner Mongolia's GDP growth rate in the first quarter was 6.2%, leading the country
As of the end of April 2026, Inner Mongolia plans to implement 3668 major projects with a total investment of 3.7 trillion yuan and an annual planned investment of 1079.5 billion yuan. At present, 3200 units have resumed work, with a resumption rate of 87%. The completed investment is 245.2 billion yuan, with a completion rate of 23%. In the first quarter, the GDP of the entire region increased by 6.2% year-on-year, ranking among the top in the country in terms of growth rate. Major project investments are becoming the core engine of economic growth. Editor/Cheng Liting
Domestic 16 MW gas turbine achieves new breakthrough
In May 2026, the first 16 MW natural gas turbine prototype independently developed by Harbin Electric Power Group completed full load testing, with a thermal efficiency of over 36% and nitrogen oxide emissions below 25ppm, reaching international advanced levels.Editor/Gao Xue
The transaction volume of the national carbon market has exceeded 60 billion yuan
The national carbon emission trading market launched online trading on July 16, 2021. The latest transaction data shows that as of May 12, 2026, the cumulative transaction volume of CEA in China has exceeded 896 million tons, with a cumulative transaction volume exceeding 60 billion yuan.Editor/Gong Ziwei
Kowloon Slope deploys land sea new channel operation
On May 11, 2026, Jiulongpo District held a meeting to deploy nine special actions for the construction of the Western Land Sea New Corridor and the hub port industrial park, focusing on advanced materials, logistics supply chain and other fields to promote the integration of industry and city.Editor/Gao Xue
State Grid and Jiangxi Provincial Government held high-level talks
On May 12, 2026, Yin Hong, Secretary of the Jiangxi Provincial Party Committee, and Ye Jianchun, Governor of Jiangxi Province, held talks with Zhang Zhigang, Chairman of State Grid Corporation of China, in Nanchang. Zhang Zhigang thanks the Jiangxi Provincial Party Committee and Government for their long-term support and assistance to the work of State Grid Corporation of China. He hopes that the company will increase its investment during the 15th Five Year Plan period, promote the Mengxi power transmission project, and assist in energy transformation. State Grid Corporation of China responds by ensuring power supply, increasing investment, and serving the development and dual carbon goals of Jiangxi.Editor/Gong Ziwei
Gansu's 15th Five Year Plan Strong Basic Weaving Road Network
In May 2026, Gansu Province released the outline of the 15th Five Year Plan, which will vigorously implement the action of strengthening the foundation, promote the reinforcement of railway trunk lines, promote the connection of national highways, build the Lanzhou International Freight Train Assembly Center, and stabilize the operation of multiple international freight trains such as China Europe and Central Asia.Editor/Gao Xue
Banan deploys the construction of a new land sea corridor in the western region
On May 9, 2026, Banan District held a conference on the construction of the Western Land Sea New Corridor, with District Chief Zhong Tao in attendance. By 2025, the entire region has formed a transportation network of "3 directions, 12 lines, 25 ports, and 39 overseas distribution warehouses", with cross-border road buses exceeding 10000 for the first time. The meeting pointed out that there are still shortcomings such as low quality and efficiency of channels and the need to upgrade the integration of economic and trade industries. It emphasized the need to focus on the four major links of channels, crossings, nodes, and hubs, promote the transformation from quantitative growth to quality and efficiency improvement, and make every effort to promote the construction of channels to a new level.Editor/Cheng Liting
The cumulative operation of China Europe freight trains has exceeded 130000
On May 9, 2026, the China Europe freight train has operated over 130000 trains over the years, with a total value of over 520 billion US dollars. The train has reached 235 cities in 26 European countries and over 100 cities in 11 Asian countries. The schedule for the entire train runs steadily, and transportation prices have decreased by more than 40% compared to the initial stage of operation.Editor/Gao Xue
China Railway Construction Bridge Bureau holds annual overseas work meeting
Leaders such as Zhou Guannan, Li Gengxu, and Li Guoqiang delivered speeches, presided over meetings, and gave reports respectively. Policy promotion and experience exchange were also carried out at the meetings, which were held in the form of on-site and video conferencing, with relevant personnel attending.Editor/Gong Ziwei
China attends the International Transport Forum Summit
On May 6, 2026, Li Yang, Deputy Minister of Transport, attended the ITF Summit in Germany and proposed to jointly build diverse and resilient international logistics channels such as the Trans Caspian International Transport Corridor.Editor/Gao Xue
Over 5 million tons of goods passed through Mandula Port
On May 6, 2026, the annual cumulative import and export freight volume of Mandula Port in Inner Mongolia exceeded 5 million tons, a year-on-year increase of 121%, and the daily customs clearance capacity increased to 80000 tons, exceeding the target 55 days ahead of schedule.Editor/Gao Xue
China's export of robots achieved a good start in the first quarter
In the first quarter of 2026, the overseas expansion of China's robotics industry accelerated, with a total export value of 11.32 billion yuan for various listed robots, sold to 148 countries and regions worldwide. The export value of newly added tax number category cleaning robots was 7.75 billion yuan, accounting for 68.5% of the total export value of robots and firmly ranking as the main export force. Industrial robots exported 3.16 billion yuan in the first quarter, a year-on-year increase of 42%. The Chinese robotics industry is transforming from a single product output to a comprehensive output of technology, solutions, and services, gradually becoming a new business card for China's foreign trade.Editor/Gong Ziwei
High level operation of cross-border passenger flow of China Laos railway
During the May Day holiday in 2026, the average daily number of inbound and outbound passengers of the China Laos Railway will exceed 1000, and the cumulative number of cross-border international passengers will exceed 810000. The capacity expansion service of Mohan Station will ensure customs clearance.Editor/Gao Xue
Daqing Oilfield's Sichuan Chongqing Exploration Area breaks through the barrier again
On April 27, 2026, the cumulative sales volume of natural gas in the Sichuan Chongqing exploration area of Daqing Oilfield has exceeded 5 billion cubic meters, reaching 5.03 billion cubic meters, and the daily gas production has remained stable at 5.7 million cubic meters, injecting strong momentum into the construction of the Chengdu Chongqing economic circle and national energy supply guarantee. Editor/Cheng Liting