[Customs and taxation system launches large-scale restructuring] At the beginning of the 15th Five Year Plan in 2026, the customs and taxation systems will undergo a large-scale restructuring, with data networking and functional coordination as the core to deepen reforms. This restructuring integrates regulatory resources from both parties, promotes measures such as electronic data networking verification, breaks down information barriers, simplifies customs clearance and tax payment processes, and focuses on rectifying "tax havens" and illegal tax practices. By optimizing the tax management system and law enforcement coordination, the convenience of cross-border trade will be further improved, and institutional guarantees will be established for the construction of a unified national market.Editor/Bian Wenjun

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• 2026.04.03 16:07
• [The domestically produced largest diameter hard rock TBM is offline]
• On April 3, 2026, the domestically developed maximum diameter 13.2-meter hard rock TBM by CCCC Tianhe started construction in Changshu. The machine is equipped with 7600 domestically produced rare earth special steel main bearings developed by the Institute of Metals, Chinese Academy of Sciences, with a rated life of over 15000 hours and performance exceeding imports. This move marks China Communications Construction Corporation's first achievement of 100% localization of core components for ultra large diameter tunneling machines, completely bridging the last mile of national production of major underground engineering equipment in China.Editor/Cheng Liting

• 2026.04.03 15:53
• [China Kazakhstan's $125 million large order landed]
• At the Export to China SCO Choice Forum, Kazakh companies signed a $125 million agricultural export agreement with Chinese partners. Changsha Kaliev, the Minister of Trade of Kazakhstan, led a delegation to visit Shandong to deepen industrial and logistics cooperation. As the largest trading partner, the bilateral trade volume between China and Kazakhstan is expected to increase from 41 billion US dollars in 2023 to 48.7 billion US dollars in 2025, with Shandong's trade volume reaching 2.2 billion US dollars. Both sides are shifting from scale expansion to quality and efficiency improvement, with a focus on promoting the export of high value-added, non resource, and green technology products to ensure supply chain stability.Editor/Cheng Liting