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Baker Hughes said U.S. energy firms reduced the number of active drilling rigs, the first decline in four weeks.
2026-08-22
Baker Hughes said U.S. energy firms reduced the number of active drilling rigs, the first decline in four weeks.
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2026-08-22
Iranian Foreign Ministry spokesman Bagaei: The United States' announcement of new economic sanctions against Iran is far more than just a continuation of an illegal "economic war" against a single country. This move is, in effect, a declaration of ex
Iranian Foreign Ministry spokesman Bagaei: The United States' announcement of new economic sanctions against Iran is far more than just a continuation of an illegal "economic war" against a single country. This move is, in effect, a declaration of extraterritorial sovereignty over all independent member states of the United Nations.
2026-08-21
Shanghai Free Trade Zone’s Lingang New Area sets a 15th Five-Year Plan target of 7.5% annual GDP growth, maintains R&D spending above 6% of GDP and adds 70 nationally first-of-a-kind institutional innovations. The plan commits to piloting offshore fi
Shanghai Free Trade Zone’s Lingang New Area sets a 15th Five-Year Plan target of 7.5% annual GDP growth, maintains R&D spending above 6% of GDP and adds 70 nationally first-of-a-kind institutional innovations. The plan commits to piloting offshore finance and expanding/iterating the cross‑border data negative list and operational guidelines. By the end of the plan it aims to form three manufacturing clusters at CNY100+ bln scale; by 2030 it targets industrial output above CNY650 bln. Sector targets: integrated circuits CNY120+ bln (wafer fabrication and high-end packaging/testing-led, full-chain design, equipment and materials), smart vehicles CNY300+ bln (focus on vehicle intelligence), and high-end equipment CNY100+ bln (new energy storage and energy equipment). It also projects bonded-repair import‑export turnover of CNY100 bln and offshore resale trading turnover of USD50 bln.
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