This year marks the first year of the island-wide special customs operations launched in South China’s Hainan Free Trade Port. Fifteen years ago, an offshore duty-free policy was adopted in the province. Over the years, the Sanya International Duty Free Shopping Complex has recorded more than 85.4 million tourist visits and generated sales exceeding 186 billion yuan ($27 billion).
A 9,000-deadweight-ton special liquid cargo vessel, built by China COSCO Shipping Corporation Limited (COSCO Shipping), was named the Fuzhou Bay on April 20 in Fuzhou, the capital of East China’s Fujian Province, where the vessel was built.
A 9,000-deadweight-ton special liquid cargo vessel, built by China COSCO Shipping Corporation Limited (COSCO Shipping), was named the Fuzhou Bay on April 20 in Fuzhou, the capital of East China’s Fujian Province, where the vessel was built.
China National Offshore Oil Corporation (CNOOC) published its 2025 annual performance report on March 26, showing that its daily net production was 2.13 million barrels of oil equivalent and annual net profit attributable to shareholders was 122.1 billion yuan ($17.89 billion).
As of April 16, China’s first hydrogen refueling station along a heavy haul railway, the Batuta Hydrogen Refueling Station, has refueled more than 10,000 kilograms of hydrogen. This marks a milestone in China’s large-scale use of hydrogen energy in the heavy haul railway sector. The station is built by China Energy Investment Corporation Co., Ltd., in Ordos, North China’s Inner Mongolia Autonomous Region.
The outline of China’s 15th Five-Year Plan (2026-30) emphasizes the exploration of the deep sea and strata as well as the polar regions, giving rise to a series of frontier research initiatives.
On April 20, unit one of the Taipingling Nuclear Power Plant, built by China General Nuclear Power Corporation (CGN) in Huizhou City, South China’s Guangdong Province, began operation.
The Kela 2-5 Well of the Tarim Oilfield was reported on April 15 to have reached a cumulative natural gas production of 10.01 billion cubic meters, making it the seventh well in the Kela 2 Gas Field to produce more than 10 billion cubic meters of natural gas.
