Italy invests 230 billion yuan in green electricity

In 2026, the European Union approved Italy's € 23 billion aid plan to deploy over 37GW of renewable energy installations, including wind, solar, and hydropower. Supported by the contract for difference mechanism, Italy will be helped to achieve the 2030 green power goal and promote green energy interconnection along the the Belt and Road.Editor/Gao Xue

Ukraine receives another 2.8 billion euros from the European Union

Ukraine has received 2.8 billion euros in financial aid from the European Union, as part of the 50 billion euros aid plan from 2024 to 2027, with a total of 29.5 billion euros received. The Ukrainian Ministry of Finance stated that the funds will be prioritized for national finance and social humanitarian needs. Before receiving aid, the Ukrainian side had already completed 86 indicators required by the EU reform, covering areas such as public management, economic policy, energy, digitization, and the rule of law, with the remaining 65 being pushed forward. Editor/Cheng Liting

China Energy Engineering Group wins bid for Oman wind power project

Recently, China Energy Engineering Shanxi Institute won the bid for the EPC project of Mawaid Wind Turbine Manufacturing Plant in Oman. The project is located in Duqum Special Zone, with a total investment of over 200 million US dollars and is planned to be put into operation in 2027.Editor/Gao Xue

China Laos Joint Laboratory for New Power System Technology

On June 4, 2026, China Southern Power Grid Corporation and the Ministry of Industry and Trade of Laos signed a joint construction agreement for the China Laos New Power System Technology Joint Laboratory in Beijing. The China Laos Joint Laboratory of Electric Power will focus on scientific research cooperation in the fields of green energy, digital power grid, power artificial intelligence, energy planning, etc., promote the systematic construction and sharing of China Laos electric power technology standards, collaborate on energy strategy research and think tank cooperation, and strive to create a global benchmark for clean energy cooperation in the South.Editor/Gong Ziwei

China Laos relations have reached a new level

On June 5, 2026, President Xi Jinping held talks with General Secretary Thongloun of Laos in Beijing, and both sides agreed to work together to build a new era all-weather China Laos community with a shared future.Editor/Gao Xue

Oman wind power project starts construction

On June 3, 2026, the 125 MW onshore wind power project of Dhofar II in Oman, under the general contracting of China Energy Engineering Shanxi Institute, officially started construction. It will build wind farms and booster stations to assist the local energy transformation.Editor/Gao Xue

Vice President Han is meeting with Russian President Putin in St. Petersburg

Recently, Vice President Han is meeting with Russian President Putin in St. Petersburg. Han Zheng conveyed greetings from the Chinese President, stating that the high-level development of China Russia relations has benefited from the leadership of the two heads of state. China is willing to implement the consensus reached at the Beijing Summit, deepen mutual trust and cooperation, and promote the construction of the global governance system. Putin asked Han Zheng to reciprocate his greetings and welcome his attendance at the St. Petersburg International Economic Forum. He emphasized that Russia China relations are at a historic high, and both sides will celebrate the 25th anniversary of the signing of the Treaty of Good Neighborliness and launch it. The Russia China Education Year, Russia is willing to deepen cooperation and contribute to world peace and stability.Editor/Gong Ziwei

Yondr locks in power for European and American data centers

Yondr Group, a global developer of ultra large scale data centers, has completed two new financing rounds, consisting of a global letter of credit instrument and a European holding company financing instrument, respectively used to lock in power capacity for European and American projects and reduce leverage on European platforms. The current power generation has become a core bottleneck in data center development, and the surge in demand for AI and cloud computing has intensified this competition. The two financing rounds were participated by multiple institutions such as French Foreign Trade Bank, BNP Paribas, and IFM Investors, providing capital ammunition for Yondr's continued expansion. Editor/Cheng Liting

Dexin Steel Pipe Goes to Nigeria to Build Steel Plant

On May 28, 2026, Dexin Steel Pipe signed a contract to settle in the Lekki Free Trade Zone in Nigeria, intending to construct a pipe processing base in stages and invest in building 2 million tons of steelmaking capacity to create a competitive steel pipe industry base in West Africa.Editor/Gao Xue

Chinese companies deeply cultivate Nigerian industries

On June 1, 2026, China Haicheng signed a cooperation agreement with Nigeria's sugar industry, and Dexin Steel Pipe settled in the Laiji Free Trade Zone to build a pipe industry base, accelerating the layout of non resource real estate by Chinese enterprises.Editor/Gao Xue

Cambodia unleashes infrastructure energy dividend

On May 31, 2026, Cambodia released a poll to recognize the achievements of the the Belt and Road, held an investment forum to promote reform, and launched energy storage projects to strengthen the clean energy system.Editor/Gao Xue

Uzbekistan's cooperation with China

From May 21st to 25th, 2026, Uzbekistan will showcase its mineral advantages at the Xi'an Silk Road Exhibition and launch the Alibaba National Pavilion to deepen economic and trade cooperation between China and Uzbekistan.Editor/Gao Xue

Access to African coffee beans

Starting from July 20, 2026, compliant coffee beans from 53 African countries with diplomatic relations can be exported to China. This is the second comprehensive quarantine and access for African agricultural and food products after dried chili peppers, which will deepen China Africa agricultural economic and trade cooperation.Editor/Gao Xue

The unveiling of the Sino Russian Industrial Intelligence International Joint Laboratory

Recently, Qingdao University of Science and Technology held the unveiling ceremony of the International Joint Laboratory of Industrial Intelligence and the 2026 Industrial Intelligence Academic Forum, with Chinese and foreign academicians, government and enterprise representatives attending the event. The school collaborates with Russian research institutions to establish an international joint laboratory for industrial intelligence, focusing on cutting-edge technology research and industrial transformation in industrial intelligence. At the same time as the event, a provincial-level school enterprise industry university research collaborative innovation center was established, and several top experts from China and abroad conducted academic sharing to empower the intelligent and green transformation and upgrading of the manufacturing industry.Editor/Gong Ziwei

Kazakhstan builds five major hubs

On May 29, 2026, Kazakhstan is accelerating the construction of five major border hubs to build a central trade bridge between Asia and Europe, in order to expand the capacity of trans Caspian shipping lines.Editor/Gao Xue

China and Pakistan sign contracts in multiple fields

Recently, during the visit of the Pakistani President to China, China and Pakistan signed multiple cooperation agreements in Sanya on machinery, animal husbandry, and medical care, deepening industrial cooperation.Editor/Gao Xue

Egypt launches bidding for seawater desalination plant

In May 2026, after the Eid al Adha holiday in Egypt, the PPP bidding for the Suez Canal Economic Zone seawater desalination plant will be launched, including four industrial wastewater treatment plants.Editor/Gao Xue

Chinese companies start building toll roads in Urumqi

In July 2026, Chinese companies will commence the construction of a 282 kilometer toll road from Tashkent to Samarkand in Uzbekistan, with a total investment of 2.185 billion US dollars.Editor/Gao Xue

Kazakhstan launches preparations for a 10 million ton refinery

In 2026, the Ministry of Energy of Kazakhstan will initiate preliminary work for the fourth refinery, and is preparing a pre feasibility study to introduce international investors to ensure national energy independence.Editor/Gao Xue

China and Ukraine sign a large order worth 3.5 billion US dollars

On May 28, 2026, Tashkent, Uzbekistan, signed a series of agreements with Chinese companies at a cross regional forum, with a total amount of approximately 3.5 billion US dollars, covering infrastructure, industry, environmental protection and other fields. The funding mainly adopts the Chinese EPC+F model.Editor/Gao Xue

The freight volume of China Russia railway continues to rise

From January to April 2026, the freight volume of the Russia China railway increased by 3% year-on-year, reaching 62.7 million tons, and the container transportation volume steadily increased. Among them, Russia exports a considerable amount of resource goods such as coal, iron ore, petroleum products, and fertilizers to China, while the import of chemicals, industrial products, automotive parts, and other goods from China has increased significantly. Freight transportation is divided into two channels: port and border port. The freight performance of the Outer Baikal Port is impressive. The Russian side stated that the railway freight volume between Russia and China has reached a historic high in 2025, and it is expected that the railway freight volume between the two countries will set a new record in 2026.Editor/Gong Ziwei

Upgrading Plan for Bulk Commodity Logistics between China and Russia

During Putin's visit to China, China and Russia finalized a plan to upgrade the logistics of bulk commodities, focusing on optimizing the efficiency of customs clearance at ports such as Manzhouli and Heihe, simplifying the customs declaration and inspection process, and launching the Far East Logistics Infrastructure Expansion Plan to enhance border warehousing and transit capabilities. Both sides will enhance cross-border trunk transportation capacity around core commodities such as energy, minerals, and grain, reduce logistics costs, and improve turnover efficiency. This efficient and risk resistant commodity circulation corridor will bring medium - and long-term dividends to mainline logistics enterprises and supply chain service providers. Editor/Cheng Liting

CGN holds overseas open day activities simultaneously in five countries

Recently, on the occasion of the United Nations World Day for Cultural Diversity for Dialogue and Development, China General Nuclear Power Corporation (CGN) held its 2026 Overseas Open Day in France, Malaysia, Laos, Brazil, and Namibia. Over 300 local students, media representatives, and community residents stepped onto the front lines of the project to witness the technology and temperature of green energy. As of now, the installed capacity of China General Nuclear Power's overseas new energy holdings has exceeded 13 million kilowatts, and has provided clean electricity of over 370 billion kilowatt hours to 18 countries and regions.Editor/Gong Ziwei

The first flight of Xiamen Airlines' Hangzhou to Manila and Chongqing to Manila routes

On the evening of May 20th and 21st, 2026, Xiamen Airlines' direct flights from Hangzhou to Manila and from Chongqing to Manila made their maiden flights. The related inaugural ceremonies were held at Manila International Airport, and representatives from China and the Philippines attended the events. The two routes are jointly promoted by multiple parties and opened to meet the travel needs of the people, which will help promote economic, trade, cultural and tourism exchanges and people to people exchanges between China and the Philippines. The Hangzhou Malaysia route operates four times a week, while the Chongqing Malaysia route operates three times a week. The one-way travel time is approximately 3 hours and 3.5 hours respectively, with stable schedules.Editor/Gong Ziwei

China Vietnam adds a new cross-border logistics route

On the afternoon of May 23, 2026, a container train loaded with 170 tons of calcium hydroxide sounded its horn and departed from Guigang Station, passing through Nanning International Railway Port for transfer and transportation to Vietnam's Anyuan Station. This is a new Sino Vietnamese cross-border logistics route added after the opening of the Liuzhou Nanning Vietnam railway cross-border logistics channel, adding a stable and efficient cross-border logistics channel for economic and trade exchanges between Guangxi and Vietnam. Editor/Cheng Liting

Kyrgyzstan begins construction of hydroelectric and photovoltaic projects

Recently, a 5MW hydroelectric and 1MW photovoltaic power station was built in Jalalabad, Kyrgyzstan, with the participation of China National Machinery Industry Corporation. The project adopts a public-private partnership model with a total investment of 259.8 million US dollars, which will alleviate power shortages, irrigate thousands of hectares of farmland, and create over 100 job opportunities.Editor/Gao Xue

China invests in Kazakhstan's new energy power plants

In May 2026, Kazakhstan plans to launch 10 renewable energy projects with a total installed capacity of 245.8 megawatts. China has participated in the construction of multiple wind and solar power plants, helping Kazakhstan achieve its goal of 15% renewable energy by 2030.Editor/Gao Xue

The new air route between China and Europe is about to officially open

Starting from June 1, 2026, China Southern Airlines will open a direct route from Guangzhou to Frankfurt via Urumqi, becoming the first direct route to Germany in the northwest. The route is operated by Boeing 787-9 aircraft and runs every Monday and Friday, with detailed round-trip flight schedules announced. The new route significantly reduces travel time, saving 4 to 8 hours of travel time. The air route connects the Guangdong Hong Kong Macao Greater Bay Area, the core area of the Silk Road, and the hinterland of Europe, helping to open up the layout to the west, facilitating personnel and material circulation, and further improving the international air travel network.Editor/Gong Ziwei

China Petroleum makes its debut at the 2026 Oman Oil and Energy Exhibition

On May 18, 2026, the Oman Oil and Energy Exhibition will grandly open at the Muscat Convention and Exhibition Center. China Petroleum Oman Company coordinated and joined forces with international business companies, Oriental Geophysical Exploration, Great Wall Drilling, Gemstone Machinery, Pipeline Bureau, Engineering Construction Company, Global Engineering Corporation and other units to showcase the advantages of the integrated full industry chain of exploration and development, engineering technology, engineering construction, new energy, international trade, and equipment manufacturing at the exhibition.Editor/Gong Ziwei

Chinese company proposes Turkmenistan natural gas processing project

In May 2026, Sinopec Puyang Shengyuan proposed at the Ashgabat Business Forum to build a large-scale natural gas processing complex in Turkmenistan, covering the production of methanol, polyethylene, and polypropylene, with an annual production capacity of 1.8 million tons, aiming to increase the added value of natural gas and create employment.Editor/Gao Xue