Mar 2026 , Hong Kong’s shipping industry reached a pivotal moment in its green transition: Sinopec CNOOC Fuel Supply, a subsidiary of COSCO SHIPPING Group, together with Sinopec Hong Kong and CMG RoRo, successfully completed Hong Kong’s first green methanol bunkering operation , while also setting a national first record for green methanol bunkering at anchorage , marking Hong Kong’s official entry into a new stage of bunkering green alternative marine fuels. The operation was carried out throughout by the “Daqing 268” vessel , independently operated by Sinopec CNOOC Fuel Supply. The vessel was China’s first methanol dual-fuel powered bunkering ship for both oil products and chemicals, featuring advanced technical performance and independently controllable core equipment. Its propulsion system achieved 100% localisation and adopted a dual-fuel drive mode using methanol and conventional fuels. The vessel is 109.9 meters in length, has a deadweight of 7,500 mt, and a total tank capacity of 10,362 m³. It can transport and bunker multiple clean energy products, including methanol, biodiesel, and fuel oil, meeting the needs of multiple batches and multiple bunkering standards. It is also legally qualified to operate on Hong Kong and Macao routes, making it a critical link in green shipping services connecting the Guangdong-Hong Kong-Macao Greater Bay Area. The successful completion of the first bunkering operation through the coordination of multiple central state-owned enterprises fully demonstrated their collaborative strength in the field of green shipping. It not only aligned with the Hong Kong SAR Government’s green shipping plans, but also laid a solid foundation for the future normalised development of green methanol bunkering business between mainland China and Hong Kong and Macao.

[Leap Motor officially enters the Hong Kong market, and will finalize localization site selection in Europe and Southeast Asia this year] On June 11, Leap Motor's first store in Hong Kong officially opened, marking its official entry into the Hong Kong market. The CEO of Leap Motor stated that the market development in the Hong Kong and Macao regions is the responsibility of Leap Motor's domestic marketing team. Despite the Hong Kong market having a size of only 40,000 to 50,000 units annually, it can serve as a stage for Leap Motor to showcase itself to global users and a window for global capital to understand Leap Motor. From January to May 2025, Leap Motor's cumulative export sales exceeded 17,000 units, ranking first among China's new domestic EV makers. The company has collaborated with dealers overseas to establish approximately 500 stores, mainly concentrated in Europe. It is reported that Leap Motor will also finalize localization site selection in Europe and Southeast Asia within this year.

To further advance the Shenzhen Comprehensive Reform Pilot and deepen reform, innovation, and opening up, the General Offices of the CPC Central Committee and the State Council issued the "Opinions on Further Advancing the Shenzhen Comprehensive Reform Pilot, Deepening Reform, Innovation, and Expanding Opening Up." The Opinions outline the coordinated promotion of integrated reforms in the education, science and technology, and talent systems and mechanisms, advancing the empowerment of the real economy with high-quality development through finance, technology, data, etc., establishing a new, more open economic system at a higher level, and improving a scientific, refined, and rule-of-law governance model. The Opinions clarify the need to deepen reform and expand opening up from a higher starting point, at a higher level, and with higher goals, creating more replicable and promotable fresh experiences, better leveraging Shenzhen's role as a key engine in the construction of the Guangdong-Hong Kong-Macao Greater Bay Area and its radiating and driving role in the national overall plan, contributing to and providing examples for the comprehensive construction of a modern socialist country. Opinions of the General Offices of the CPC Central Committee and the State Council on Further Advancing the Shenzhen Comprehensive Reform Pilot, Deepening Reform, Innovation, and Expanding Opening Up (August 30, 2024) To further advance the Shenzhen Comprehensive Reform Pilot and deepen reform, innovation, and opening up, with the approval of the CPC Central Committee and the State Council, the following opinions are hereby proposed. I. General Requirements Adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, thoroughly implement the spirit of the 20th CPC National Congress and the Second and Third Plenary Sessions of the 20th CPC Central Committee, comprehensively and accurately implement the new development philosophy, adhere to the general principle of pursuing progress while ensuring stability, coordinate development and security, uphold the organic integration of top-level design with grassroots exploration, and, in accordance with the working mechanism of studying and formulating lists of authorized matters in batches, introduce another batch of reform measures, implement a batch of innovative experiments, and deepen a batch of opening-up initiatives. Take the lead in making pioneering efforts, forging ahead with innovation, and taking concrete actions in areas such as breaking down institutional and systemic barriers in the fields of education, science and technology, and talent, strengthening the deep integration of the innovation chain, industry chain, capital chain, and talent chain, expanding new approaches, scenarios, and carriers for Guangdong-Hong Kong-Macao cooperation, and building a modern, international, and innovative city. Deepen reform and expand opening up from a higher starting point, at a higher level, and with higher goals, create more replicable and promotable fresh experiences, better leverage Shenzhen's role as a key engine in the construction of the Guangdong-Hong Kong-Macao Greater Bay Area and its radiating and driving role in the national overall plan, and contribute to and provide examples for the comprehensive construction of a modern socialist country. II. Coordinate the Promotion of Integrated Reforms in the Education, Science and Technology, and Talent Systems and Mechanisms (1) Strengthen efficient coordination and deep integration among industry, academia, and research. Reinforce the leading role of enterprises in scientific and technological innovation and optimize effective pathways for leading science and technology enterprises to act as "problem setters."Explore market-oriented salary management systems for new-type R&D institutions, and support the Shenzhen Medical Academy of Sciences in pioneering new mechanisms for research management, talent recruitment, and funding utilization. Deepen reforms in research funding management by implementing a "budget + negative list" approach. Pilot a research project manager system, granting greater management authority in project selection, team formation, technology roadmap determination, and budget allocation. Establish and improve mechanisms for the empowerment, transfer, and evaluation of job-related scientific and technological achievements, with long-cycle assessments for state-owned asset preservation and appreciation resulting from such transfers. Explore diversified investment and open-sharing mechanisms for major scientific and technological infrastructure, while facilitating streamlined customs clearance procedures for research equipment and consumables. (2) Coordinate reforms in educational approaches, school operation models, management systems, and support mechanisms. Promote deep integration of engineering education in emerging fields with industrial development, support universities and enterprises in jointly cultivating high-quality interdisciplinary engineering talent, and nurture a cohort of innovation-driven entrepreneurs mastering cutting-edge technologies. Explore specialized, "small yet refined" university models suited to megacities. Integrate vocational skills training with the cultivation and upgrading of advanced manufacturing clusters. Aligning with regional skill demands, allow foreign investors to establish vocational training institutions in Shenzhen in compliance with regulations, introducing advanced curricula, faculty, and teaching methods. Develop effective linkages between the industry chain and vocational training chain, fostering a skilled workforce through the convergence of higher vocational and technical education. Enable course selection and credit recognition between Shenzhen's higher vocational colleges and applied technology universities. Optimize enrollment mechanisms for migrant workers' children. Actively implement the national Silver Age Teacher Action Plan. Explore personalized teaching approaches and new talent cultivation pathways adapted to AI development. (3) Enhance support mechanisms for overseas talent recruitment. Leverage opportunities from building a high-level talent hub in the Guangdong-Hong Kong-Macao Greater Bay Area to attract more urgently needed professionals. Refine supporting talent service policies, granting employers greater autonomy in overseas recruitment and related personnel, research, and foreign affairs management. III. Empowering High-Quality Real Economy Development through Finance, Technology, and Data (4) Improve incentive and constraint mechanisms for financial services to support the real economy. Support Shenzhen in piloting integrated sci-tech industry-finance special projects. Refine practical scenarios and regulatory systems for sci-tech enterprise credit, intellectual property securitization, and transactions of scientific achievements and IP rights. Optimize coordination mechanisms between debt and equity financing for tech firms. Deepen green finance reforms. Support insurance funds in legally establishing private equity and venture capital funds in Shenzhen that primarily target specific sectors. Companies listed on the Hong Kong Stock Exchange from the Guangdong-Hong Kong-Macao Greater Bay Area are permitted to list on the Shenzhen Stock Exchange in accordance with policy provisions. (5) Innovate institutional mechanisms to support the development of emerging industries. Leveraging platforms such as the Shenzhen Stock Exchange's Science and Technology Achievements and Intellectual Property Trading Center, establish a comprehensive service system for the transfer and transformation of scientific and technological achievements. Explore mechanisms for the approval and application of AI-assisted medical devices, and under the premise of safety and controllability, investigate rules and standards for data collection, integration, sharing, and compliant use of such devices. Support Shenzhen in deepening reforms and innovations in the flight management system for unmanned aerial vehicles, improve low-altitude flight supervision rules, and explore general aviation services such as cross-border helicopter flights and public welfare operations. Expand ESS application scenarios and explore integrated generation-grid-load-storage business models. Innovate management systems for international industrial and standards organizations. (6) Deepen market-oriented reforms for the allocation of data elements. Refine trading rules and standard specifications, support Shenzhen in exploring mechanisms for data transactions, trusted circulation, and benefit distribution, and achieve more institutional outcomes in areas such as compliance assessment and certification. Under the premise of security, steadily advance the lawful and compliant hierarchical and classified opening of public data in fields such as transportation, geography, satellite remote sensing, meteorology, and healthcare, while improving related management systems, service mechanisms, and standard specifications. Enhance the city information modeling (CIM) foundational platform and prudently conduct pilot applications of 3D territorial spatial model outcomes. Strengthen data security governance and regulatory capabilities, and explore efficient, convenient, and secure mechanisms for cross-border data flows in compliance with laws, regulations, and relevant requirements. IV. Building a New System for a Higher-Level Open Economy (7) Promote the optimization and upgrading of goods trade. Advance trade facilitation and support the development of new trade forms and models. Support Yantai Port in increasing exploration efforts in areas such as customs clearance facilitation and fuel refueling settlement. (8) Innovate and enhance service trade. Under the premise of information sharing among regulatory authorities and controllable risks, support key enterprises outside comprehensive bonded zones in piloting high-value-added, high-tech, and environmentally protection-compliant "two ends abroad" bonded maintenance operations. Study the increase of designated immigration ports and berthing points for Greater Bay Area yacht tourism. Further expand the delegation of approval authority for international express (agency) business licenses. Strengthen innovation in digital RMB pilot application scenarios, participate in multilateral central bank digital currency bridge project research, and explore the applicability of central bank digital currencies in cross-border contexts. Improve policies for customs clearance facilitation, cargo supervision, and warehousing logistics in the international cultural relics trade. (9) Improve supporting mechanisms for facilitating personnel mobility. We will deepen the reform of supporting systems related to international navigation vessels and provide convenient handling services for social insurance registration for crew members from Hong Kong, Macao, and Taiwan. We will pilot a policy allowing eligible Hong Kong tax professionals to register and practice in specific areas of Shenzhen. We will steadily and orderly expand the list of foreign occupational qualifications recognized for convenient practice and optimize the examination mechanism for foreign futures practitioners and others to practice in Shenzhen. V. Improving a Scientific, Refined, and Rule-of-Law-Based Governance Model (10) Enhancing the level of livelihood security and service provision. We will deepen the reform of the drug and medical device evaluation and approval system and enhance the capacity for drug supervision and inspection and testing at ports. We will improve the system for the use and supervision of clinically urgent imported drugs and medical devices and explore feasible paths for using real-world clinical data from international new drugs in the registration and marketing authorization of imported drugs. We will deepen the reform and construction of digital government to enhance the intelligent and professional level of social governance. (11) Improving the management system for land and other natural resources. We will support comprehensive surveys of land, buildings, forest land, wetlands, and sea areas and islands. We will explore a computer-aided review system based on Building Information Modeling (BIM) and pilot three-dimensional registration of real estate in specific areas. We will reform the mechanisms for the disposal and recovery of idle land, improve the policy linking the collection standards for idle land fees to the duration of idleness, and innovate ways to revitalize and utilize land. We will strengthen land use guarantees for major industrial projects. We will improve the management system and supporting policies for the Shenzhen-Shanwei Special Cooperation Zone. We will explore reasonable and effective utilization models for non-core areas of nature reserves and scenic spots. (12) Deepening judicial reform and exchanges and cooperation. We will establish a "one-stop" diversified mechanism for the resolution of international commercial disputes that organically integrates litigation, mediation, and arbitration. Within the framework of the Civil Procedure Law, we will explore the expedited filing and execution of simple enforcement cases and the handling of simple enforcement objection cases by a single judge. We will support the reform of the integrated management system for property-related aspects of criminal judgments. We will deepen the pilot program for the legal protection of new-type intellectual property rights. We will explore the unified registration of commercial mediation organizations by judicial administrative departments and strengthen supervision and management. We will support Shenzhen in legally conducting judicial confirmation and enforcement of mediation agreements issued by specific commercial mediation organizations from Hong Kong and Macao. We will support Shenzhen arbitration institutions and the China Sports Arbitration Commission in researching the resolution of sports disputes, international cooperation in arbitration, and other related work. VI. Strengthening Organizational Implementation (13) Upholding and strengthening the overall leadership of the Party. Under the centralized and unified leadership of the CPC Central Committee, we will improve working mechanisms, strengthen overall coordination, and implement the Party's leadership throughout the entire process of advancing the pilot comprehensive reform in Shenzhen to ensure the effective implementation of pilot tasks. (14) Ensuring the implementation of reform initiatives. The National Development and Reform Commission (NDRC) should strengthen overall coordination, and relevant parties should grant Shenzhen relevant management authorities in accordance with the requirements of this Opinion and the approved list of matters, in accordance with the law. Important projects, major issues, and key reforms should be implemented after being reported and approved in accordance with the prescribed procedures. Guangdong Province should increase its efforts to delegate powers and support Shenzhen in deepening its comprehensive reform pilot. Shenzhen should earnestly assume the main responsibility for the pilot, establish a sound mechanism for promoting and implementing reforms that is efficient, verifiable, and covers the entire process, and ensure that reform measures are implemented on schedule. It should improve the mechanism for identifying major risks and preventing systemic risks, and do a good job in risk assessment, control, and response. Shenzhen should establish and improve laws, regulations, and policy adjustment mechanisms that are compatible with the comprehensive reform pilot. Where adjustments to existing laws or administrative regulations are involved in the implementation of this Opinion, they should be implemented after being authorized by the Standing Committee of the National People's Congress or the State Council in accordance with legal procedures. (15) Strengthen the evaluation and promotion of pilot experiences. Closely track the progress of the comprehensive reform pilot, focus on consolidating the achievements of the comprehensive reform pilot, solidify effective experiences and practices in appropriate forms and promote them on a larger scale, promptly analyze and evaluate new situations and new problems, and timely adjust and improve pilot measures that have not achieved the expected results. Major issues should be promptly reported to the CPC Central Committee and the State Council for instructions.

The Guangzhou Nansha Free Trade Zone (FTZ) is once again benefiting from favorable policies as it marks its 10th anniversary. On May 12, the People's Bank of China (PBOC), the National Financial Regulatory Administration (NFRA), the China Securities Regulatory Commission (CSRC), the State Administration of Foreign Exchange (SAFE), and the People's Government of Guangdong Province jointly issued the "Opinions on Financial Support for Deepening Comprehensive Cooperation between Guangzhou Nansha and the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) Facing the World" (hereinafter referred to as the "30 Measures for Nansha Finance"). Centering on aspects such as financial market interconnection, cross-border financial innovation and exchanges, and the improvement of financial regulatory mechanisms, the PBOC and the other four departments proposed six key tasks and 30 specific measures. The 30 Measures for Nansha Finance also require that, by increasing financial support for Nansha's construction, the role of Nansha as a driving force for the high-quality development of the GBA should be further strengthened, transforming Nansha into a pilot demonstration window for China's financial sector opening up to the outside world, a carrier zone for financial innovation functions, and an important node in the international financial hub of the GBA. Since its establishment in 2015, the Nansha FTZ has, over the past decade, focused on institutional innovation and actively promoted reforms and innovations in various fields such as trade, shipping, investment, finance, and technology. Amidst the new round of development opportunities under the strategy to upgrade the FTZ, the Nansha FTZ is once again reaping policy dividends. From the perspective of key words, the six major financial tasks can be summarized by innovation, characteristics, openness (including interconnection), and supervision. Key Word 1: The term "innovation" is mentioned 19 times, running through the five key tasks. In the full text of the "30 Measures for Nansha Finance," the term "innovation" is mentioned 19 times, running through the five key tasks, highlighting its significance. Innovating financial support for industrial development ranks first. The "30 Measures for Nansha Finance" requires the improvement of financial services for innovation and entrepreneurship, supporting the construction of a cooperation base for technological innovation industries, including supporting the development of technological innovation industries, high-end manufacturing industries, digital industries, marine industries, and future-oriented industries, as well as supporting youth innovation and entrepreneurship. In the field of social and people's livelihoods, the "30 Measures for Nansha Finance" calls for the steady promotion of innovative applications of the digital yuan and encourages financial institutions to participate in the construction of the multilateral central bank digital currency bridge. In terms of serving characteristic financial services, this includes innovating green financial services that support low-carbon development. It encourages the Guangzhou Futures Exchange (GFEX) to actively explore power futures and refine and deepen the new energy futures product system. It also calls for strengthening the construction of enterprise carbon accounts and carbon accounting capability mechanisms, and supporting financial institutions in providing differentiated financial services based on enterprise carbon accounts. The "30 Measures for Nansha Finance" also calls for accelerating the development of shipping insurance, innovating shipping insurance products, and serving the construction of the GBA; innovating and developing international leasing and factoring businesses, encouraging Nansha to increase policy support, and supporting the development of leasing in areas such as aircraft, ships, and large-scale equipment, thereby forming a leasing industry hub with international competitiveness. Innovation is also reflected in opening up to the outside world. The "30 Measures for Nansha Finance" call for promoting innovation in cross-border RMB business and facilitating RMB settlement for trade and investment at a higher level. In terms of regulatory innovation, it is necessary to explore innovation and cooperation in financial supervision, establish an innovative financial supervision mechanism tailored to the development of Nansha, and ensure that risk prevention and control align with financial reform and innovation. Efforts should be made to vigorously develop regulatory technology for financial supervision, enhancing the uniformity, professionalism, and penetrability of financial technology supervision. Key Word 2: Opening Up, Multiple Asset Management Licenses Expected to be Liberated As the geographical and geometric center of the Guangdong-Hong Kong-Macao Greater Bay Area, Nansha plays a pivotal role in advancing the interconnection and opening up of the financial markets in the region. The "30 Measures for Nansha Finance" also focus on this aspect, proposing more pilot initiatives. The "30 Measures for Nansha Finance" propose exploring capital settlement policies suitable for the construction and development of the Guangdong-Hong Kong-Macao Greater Bay Area, establishing trading rules for futures and spot markets that facilitate internal and external linkages, formulating trading rules that facilitate cross-border insurance business, and establishing institutional arrangements that facilitate cross-border equity investment business. In the "30 Measures for Nansha Finance," regulatory authorities also signaled support for issuing new licenses to financial and asset management institutions such as banks, public funds, securities firms, and futures companies, which is one of the highlights of opening up to the outside world. Specifically, firstly, accelerate the construction of the Cross-border Asset Management Center in the Guangdong-Hong Kong-Macao Greater Bay Area (Guangzhou Nansha). Support eligible high-quality securities firms in obtaining public fund qualifications through new establishments or mergers and acquisitions. Vigorously develop the public fund investment advisory business. Encourage multinational corporations to establish headquarters-type institutions such as global or regional fund management centers in Nansha. Steadily carry out pilot programs for the "Cross-border Wealth Management Connect" business. Secondly, expand the opening up of the financial sector to the outside world. Actively study and expedite the establishment of an international commercial bank in the Guangdong-Hong Kong-Macao Greater Bay Area. Actively introduce diversified investment institutions such as sovereign wealth funds, family offices, and venture capital firms. Support eligible Hong Kong and Macao investors in applying to establish securities firms and fund companies in accordance with the law, and participate in or hold shares in domestic futures companies. Build high-standard platforms such as the Nansha International Financial Island, the Mingzhu Financial Innovation Cluster, and the Futures Industrial Park to provide space for cross-border operations of Hong Kong and Macao financial institutions. In addition, in terms of building a high-level gateway to the outside world, the "30 Measures for Nansha Finance" propose promoting innovation in cross-border RMB business, improving the management mechanism for cross-border trade and investment and financing, accelerating the construction of a comprehensive service base for the joint construction of the "Belt and Road Initiative," establishing a new platform for international exchanges in the financial sector, and exploring institutional opening up in the financial sector. Key Word 3: Developing characteristic financial services and improving the modern financial industry Characteristic financial services account for five of the 30 measures outlined in the "30 Measures for Nansha Finance". In addition to accelerating the construction of the cross-border asset management center in the Guangdong-Hong Kong-Macao Greater Bay Area (Nansha, Guangzhou), it also proposes new ideas for green finance, digital finance, shipping finance, and international leasing and factoring businesses. In terms of specific measures, for the green finance business that innovatively serves low-carbon development, the Guangzhou Futures Exchange (GFEX) is encouraged to actively explore power futures and refine and deepen the new energy futures product system. Strengthen the construction of corporate carbon account and carbon accounting capability mechanisms, and support financial institutions in providing differentiated financial services based on corporate carbon accounts. Promote sustainable information disclosure by enterprises and financial institutions in accordance with the latest standards. Support the development of green buildings. Encourage qualified enterprises to issue green and sustainable bonds in Hong Kong and Macao. In developing digital finance businesses, the law supports the development of generative AI large models and their applications in the financial sector, actively carrying out intelligent financial services such as intelligent credit, intelligent investment R&D, and intelligent risk control. Establish a think tank for digital finance development research, and support enterprises and financial institutions in conducting cross-border cooperation on digital finance projects. In developing shipping finance businesses that serve the construction of an international shipping hub, guide and encourage shipping enterprises to use RMB for pricing and settlement of international ocean freight rates. Accelerate the development of shipping insurance, innovate shipping insurance products, and serve the construction of the Guangdong-Hong Kong-Macao Greater Bay Area. Relying on existing trading venues, collaborate with Hong Kong and Macao to carry out shipping transactions, and support financial institutions in providing efficient and convenient financial services such as capital settlement, custody, and financing for shipping enterprises. Finally, in innovating and developing international leasing and factoring businesses, support qualified commercial factoring companies in exploring and developing international factoring businesses in compliance with laws and regulations. In addition, encourage Nansha to increase policy support for the development of leasing in areas such as aircraft, ships, and large equipment, forming a leasing industry hub with international competitiveness. Key Word 4: Regulation cannot be absent While pursuing innovative development, regulation cannot be absent. The 30 Measures for Nansha Finance also put forward requirements in four aspects: financial regulatory orientation, innovative cooperation, risk prevention, and legal safeguards. The "30 Measures for Nansha Finance" emphasize the importance of improving the financial regulatory mechanism and make comprehensive requirements, from comprehensively strengthening financial regulation, exploring innovation and cooperation in financial regulation, strengthening financial risk prevention, to strengthening legal safeguards for finance. Adhere to the principle that whoever oversees an industry must also manage its risks. The "30 Measures for Nansha Finance" point out that, firstly, financial regulation must be comprehensively strengthened, with enhanced coordination between central and local regulators. For local financial organizations, institutional, behavioral, functional, penetrating, and continuous supervision must be implemented, adhering to the principle of regulating both legal and illegal activities to ensure that there are no gaps, blind spots, or exceptions in financial regulation. Second, explore innovation and cooperation in financial supervision. Establish an innovative financial supervision mechanism tailored to the development of Nansha to ensure that risk prevention and control align with financial reform and innovation. Vigorously develop financial supervision technology to enhance the uniformity, professionalism, and penetrability of financial technology supervision. Third, strengthen financial risk prevention. Strengthen monitoring of cross-border capital movements in Nansha, enhance financial risk assessment and risk prevention and control in key areas, and improve capabilities in risk monitoring, early warning, and resolution, so as to promote early detection, correction, and resolution of financial risks. Fourth, strengthen the legal protection of finance. Deepen collaboration between financial supervision and the judiciary, and improve the coordination and linkage mechanism. Establish a platform for resolving foreign-related and Hong Kong- and Macao-related financial disputes in the Guangdong-Hong Kong-Macao Greater Bay Area, and build an internationalized and diversified cross-border financial dispute resolution mechanism. Protect the legitimate rights and interests of all types of business entities equally in accordance with the law, and continuously contribute to optimizing a legal business environment.

The Government of the People's Republic of China ("China") and the Government of the United States of America ("US"), Recognizing the importance of bilateral economic and trade relations to both countries and the global economy; Recognizing the importance of sustainable, long-term, and mutually beneficial bilateral economic and trade relations; In light of recent discussions between the two sides, believing that continued consultations will help address issues of concern in the economic and trade fields; Proceeding with relevant work in the spirit of mutual openness, ongoing communication, cooperation, and mutual respect; The two sides commit to taking the following measures by May 14, 2025:

According to the website of the Ministry of Commerce, in order to thoroughly implement the decisions and arrangements of the CPC Central Committee and the State Council, on May 9, 2025, the Office of the National Export Control Coordination Mechanism organized the Ministry of Commerce, the Ministry of Public Security, the Ministry of State Security, the General Administration of Customs, the Supreme People's Court, the Supreme People's Procuratorate, the State Post Bureau, and other departments to hold an on-site meeting on the special campaign to combat the smuggling and export of strategic minerals in Shenzhen, Guangdong Province, and deployed specific tasks. The meeting pointed out that strengthening export controls on strategic mineral resources is crucial to national security and development interests. Since the implementation of export controls on strategic minerals such as gallium, germanium, antimony, tungsten, and medium-heavy rare earth by the state, some overseas entities have colluded with domestic illegal personnel, continuously innovating methods of smuggling and export in an attempt to evade crackdowns. To prevent the illegal outflow of strategic minerals, curb the momentum of smuggling, effectively safeguard national security, promote compliant trade, and ensure the stability of industrial and supply chains, combating the smuggling and export of strategic minerals has become an urgent and important task at present. The meeting emphasized that all departments should focus on the strategic minerals sector, strengthen source control, and form a joint force to combat smuggling. Targeting typical evasion tactics such as false declarations, concealed smuggling, and "third-country" re-exports, the departments should prioritize cracking down on the smuggling and export of strategic minerals. It is essential to adhere to the rule of law thinking, improve the connection between administrative and criminal law enforcement, expedite the handling and announcement of a batch of illegal export cases in accordance with the law, thoroughly investigate illegal entities and smuggling networks behind the scenes, and resolutely strike deep and hard to form a strong deterrent against lawbreakers. The meeting required that all departments should strengthen the allocation of law enforcement and judicial resources and capacity building to effectively improve the level of case handling and the effectiveness of crackdowns; accelerate the construction of intelligent law enforcement information systems and strengthen cross-departmental and cross-regional law enforcement collaboration; strengthen law enforcement cooperation between the mainland and the customs of Hong Kong and Macao to form a joint force, ensure the achievement of national export control objectives, and resolutely safeguard national security and development interests.

On March 19, Guangzhou Development and Reform Commission issued the plan of key construction projects in Guangzhou in 2025. In 2025, there will be 905 official key construction projects, with an annual planned investment of 365.7 billion yuan. In grid project, including 220kV and below power transmission and transformation project, 500kV power transmission and transformation project, supporting power pipeline corridor (Phase I) in the south of Wanqingsha, small infrastructure project of Guangzhou power grid, production and maintenance room for transmission monitoring center, 800kV HVDC transmission project (Guangzhou section) from southeast Tibet to ± Bay District of Guangdong, Hong Kong and Macao, 220kV Tangxia flexible and straight back-to-back project.

On February 18, Contemporary Orange (Xiamen) New Energy Technology Co., Ltd. was established, according to an enterprise query platform Tianyancha.

On January 13, CATL, FAW Hongqi, and Shenzhen Longsheng New Energy Technology Co., Ltd. (LS energy) jointly conducted the groundbreaking ceremony of Hong Kong's first Choco-Swap station for passenger ...

On August 1, ZEEKR, the premium electric vehicle brand under Geely Holding, officially put the ZEEKR X model onto the Singapore market.