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The Third "the Belt and Road" Energy Ministers' Meeting released the Green Energy Cooperation Action Plan (2024-2029) in Qingdao, emphasizing the cooperation of member states in improving green energy security in the next five years. Chinese power companies such as Huaneng's Mendy battery energy ... Read More
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On October 6th, the Suez Canal Authority of Egypt issued a statement stating that since the beginning of 2024, the revenue of the Suez Canal has decreased by 60% year-on-year, and the number of transit vessels has decreased by 49%. The chairman of the management bureau pointed out that the tense ... Read More
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In early October, Ningbo Tian'an successfully completed the mobile substation project it undertook for the Middle East region. This project utilizes advanced technology and equipment, aiming to enhance the flexibility and reliability of the local power grid. The successful commissioning of the ... Read More
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As the risk of strikes at ports along the eastern United States and the Gulf Coast of Mexico escalates, several container shipping giants such as MSC, CMA CGM, Hapag Lloyd, and HMM have announced the addition of interruption surcharges and destination port surcharges to cope with potential cost ... Read More
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The Federal Reserve's decision to cut its benchmark interest rate by 50 basis points on September 19th, marking the first reduction in four years, has thrust the Renminbi (RMB) exchange rate into the spotlight. The commencement of a rate-cutting cycle is poised to redirect global capital, which had ... Read More
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Under the Prosperous Trade Partnership Initiative, China has announced a unilateral expansion of market access, granting 100% tariff-free treatment to all 43 least developed countries (LDCs) with which it has diplomatic relations, encompassing 33 African nations, out of a global total of 45 LDCs ... Read More
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On August 24th, Tianjin Port officially opened a new route to Southeast Asia. This route has deployed three 1100 TEU container ships, providing a new sea logistics channel for direct shipping to Southeast Asia in northern China. The new route has the characteristics of streamlined port connections ... Read More
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On August 13, 2024, 34 meticulously crafted switchgear units and their accompanying accessories were fully prepared for shipment, neatly packed within 48 sturdy wooden cases, showcasing the company's efficient and orderly production management system. At the bustling yet orderly dispatch site, two ... Read More
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According to the world's first power development index report released by the Global Energy Internet Cooperation Organization on July 12, China's power development index scored 90.8 points, ranking first among 34 Asian countries in the power development index and seventh in the world. The report ... Read More
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The World Economic Forum (WEF) released a statement titled "Promoting Effective Energy Transformation in 2024", which showed that although most countries have made progress in the past decade, the overall pace of global energy transformation has slowed down in the past year due to economic ... Read More
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