On March 11, Pan Xueyuan, Member of the Standing Committee of the Yangzhou Municipal Party Committee and Executive Vice Mayor of Yangzhou, led a team to Yizheng Economic and Technological Development Zone to survey the construction progress of the CIMC Green Hydrogen Zero-Carbon Equipment Industrial Park, a key provincial project in Jiangsu. He inspected the construction progress on site, inquired about the construction plan, key challenges, and industrial layout, and required that the leading role of chain-leading hydrogen energy enterprises be fully leveraged to coordinate efforts to bring the project into operation and deliver results at an early date. Meng Dehe, Secretary of the Yizheng Municipal Party Committee, and Yu Lei, Executive Vice Mayor, accompanied the visit, while Li Jie, General Manager of CIMC Jidian and CIMC Zhongdian, and his delegation reported on the work. In front of the project planning display board, Pan Xueyuan focused on learning about the industrial park’s product layout. The project covered a total area of 150 mu, with plant space of approximately 60,000 m², and included a 15-mu supporting detection and R&D testing base. After reaching full production, it was expected to produce 2 GW of electrolyzers and hydrogen-ammonia-methanol series equipment annually. With the goal of becoming a nationally leading supplier of hydrogen-based energy equipment, the enterprise laid out the full value chain of alkaline, PEM, and AEM electrolyzers, skid-mounted hydrogen production plants, and green ammonia and green methanol equipment, which Pan Xueyuan highly affirmed. As a chain-leading enterprise in the hydrogen energy industry chain at both the provincial and municipal levels, CIMC Zhongdian will join hands with CIMC Raffles Group to integrate industry resources and build a green hydrogen equipment industry chain. Next, with the support of the local government, the enterprise will build “two centers and two platforms,” continue to lead industry innovation, and support the high-quality development of the green hydrogen industry in Yizheng and Yangzhou as a whole.

At the start of the year, there was plenty of excitement around silver. The precious metal was soaring and reaching record highs along the way. However, it has declined from the highs it reached in January.

John C. Williams, president and chief executive officer of the Federal Reserve Bank of New York, said that US inflation is still too high and that the US Federal Reserve will take action to reduce price pressures.

The all-electric MINI John Cooper Works (JCW) and MINI John Cooper Works Aceman models have started production at Spotlight Automotive's Zhangjiagang plant under, according to Dr. Stefan Floeck.

UK to Join TPP Agreement (Trans-Pacific Partnership Agreement) as Early as March.

British Prime Minister Rishi Sunak said on March 31 local time that the UK has been approved to join the "Comprehensive and Progressive Trans-Pacific Partnership Agreement" (CPTPP).