[Inner Mongolia Meidai pumped storage power station project starts construction] Recently, the key implementation project of the 14th Five Year Plan for pumped storage in China, the Inner Mongolia Meidai Pumped Storage Power Station project, started construction in Tuyou Banner. The total investment of the project is 8.2 billion yuan, with a total installed capacity of 1.2 million kilowatts. It is equipped with four single unit 300000 kilowatt reversible water pump turbine generators, and the first unit is planned to be put into operation and generate electricity in 2032. The power station can operate at full capacity for up to 6 hours, with a designed annual power generation of 1.526 billion kilowatt hours, and can consume 2.6 billion kilowatt hours of new energy such as wind power and photovoltaics annually. Editor/Cheng Liting

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• 2026.07.02 16:21
• [Shipping activities in the Strait of Hormuz continue to resume]
• According to data from market service agency Kepler, 24 oil tankers and cargo ships passed through the Strait of Hormuz on June 29th, indicating the continued recovery of shipping activities in this globally important energy transportation channel. 24 ships, including crude oil carriers and liquefied natural gas carriers, passed through the Strait of Hormuz on the same day. The data also shows that on June 30th, shipping activities in the strait further increased, with a giant oil tanker and several small ships entering the Persian Gulf, reflecting a rebound in confidence in the shipping market's navigation conditions in the region. Editor/Min Jing

• 2026.07.02 16:20
• [The export volume of foreign trade automobiles at Guangzhou Port increased year-on-year]
• On June 30, 2026, it was learned from the Guangzhou Maritime Safety Administration that the export volume of foreign trade vehicles at the Xinsha Port in Guangzhou increased by 169.7% year-on-year from January to June this year, with a year-on-year increase of 81.7% in the export volume of new energy vehicles. The scale of foreign trade vehicle exports continues to expand. Editor/Min Jing