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On July 15, Minister of Commerce Wang Wentao met with Solomon Islands Minister of Foreign Affairs and Foreign Trade Honipwela on July 14, and they held friendly exchanges on issues such as China-China economic and trade relations. Wang Wentao stated that China is willing to work with the Solomon Islands to continue expanding mutually beneficial economic and trade cooperation and promote new developments in the China-China comprehensive strategic partnership for a new era. Honipwela stated that since the establishment of diplomatic relations between the Solomon Islands and China, bilateral relations have continuously developed and improved, and he looks forward to further deepening cooperation with China in various fields. After the meeting, Wang Wentao and Honipwela jointly signed the "Framework Agreement on Enhancing the Economic Partnership." Both sides will conduct flexible and pragmatic negotiations based on this agreement to reach mutually beneficial institutional arrangements for expanding bilateral trade, investment, and practical cooperation, better promote regional supply chain cooperation, and elevate China-China economic and trade relations to a new level.On July 15th, the China Electricity Council (CEC) released the "Annual Development Report of Chinas Power Industry 2026" on the 14th, showing that the national electricity consumption is expected to increase by 5%-6% year-on-year in 2026, with approximately 400 million kilowatts of new power generation capacity added throughout the year. New energy sources will remain the main source of new power capacity, with approximately 100 million kilowatts of new conventional power capacity added, roughly in line with the maximum load increase. "The ultimate goal of computing power is electricity. Promoting computing-electricity synergy is an inevitable path for my country to gain a global competitive advantage in the computing power industry," said Zhang Lin, Director of the Planning and Development Department of the CEC. He added that during the 15th Five-Year Plan period, the national electricity consumption for computing power is expected to increase by more than 100 billion kilowatt-hours annually, reaching 800 billion kilowatt-hours by 2030, accounting for about 6% of the total electricity consumption. Zhang Lin stated that in the future, the approach should be "strengthening computing with electricity and promoting electricity with computing," coordinating energy resource allocation and computing infrastructure construction, and promoting computing-electricity synergy in multiple dimensions. In terms of planning and layout, for computing facilities in the western region, the layout of national computing hubs and the planning of large-scale new energy bases will be coordinated, and the collaborative construction of computing facilities and power facilities will be promoted; for computing facilities in the eastern region, the collaborative planning of distributed computing power, distributed power sources, microgrids, and virtual power plants will be promoted to respond to computing power needs nearby.On July 15th, Wang Guanhua, spokesperson for the National Bureau of Statistics and Deputy Director of the Department of Comprehensive Statistics of the National Economy, stated at a press conference held by the State Council Information Office that the PPI is expected to remain stable in the second half of the year. The accelerated integration of artificial intelligence with various fields, leading to a significant increase in computing power demand and a gradual optimization of market competition, may drive up prices in related industries.On July 15, Mao Shengyong, Deputy Director of the National Bureau of Statistics, stated at a press conference held by the State Council Information Office that investment in high-tech industries increased by 4.6% year-on-year in the first half of the year. Investment in integrated circuit manufacturing, electronic special materials manufacturing, and lithium-ion battery manufacturing increased by 8.8%, 10%, and 24.4%, respectively.On July 15th, the State Council Taiwan Affairs Office held a regular press conference. Spokesperson Zhu Fenglian stated that the "Opinions of the CPC Central Committee and the State Council on Supporting Fujian in Exploring a New Path for Cross-Strait Integrated Development and Building a Cross-Strait Integrated Development Demonstration Zone," released in September 2023, made comprehensive arrangements for supporting Fujian in building a cross-strait integrated development demonstration zone. Common standards between the two sides of the Taiwan Strait, effectively promoting the integration of industries, markets, and talent, are an important component of the construction of the cross-strait integrated development demonstration zone. In 2023, the State Administration for Market Regulation took the lead in issuing special support measures, focusing on soft connectivity of standards, supporting Fujian in systematically carrying out cross-strait standardization in the construction of the cross-strait integrated development demonstration zone, exploring new models and mechanisms for cross-strait standardization work, and forming an integrated development pattern of joint standard research, market sharing, and talent exchange.

The conclusion of the Argentine truckers' strike increases grain shipments

Charlie Brooks

Jul 01, 2022 11:36


The Argentine truckers' strike ended on Thursday, when several unions incensed by fuel shortages reached an agreement to terminate the one-week protest near the vital port of Rosario, which is expected to assist future grain exports.


The truck driver's protest over high gasoline prices has halted shipments of corn and other goods, just as the bulk of the harvest was making its way to ports for export to worldwide markets.


Due to the exclusion of a few tiny truckers groups from the deal, however, it is possible that certain protests may continue.


Argentina is the second-largest exporter of maize, the top exporter of processed soy oil and meal, and a major supplier of wheat and beef.


One of the unions, Autoconvocados Unidos, issued the following statement: "Despite our dissatisfaction (with the latest settlement of truck freight rates) and in light of the present crisis in our country, we have chosen to halt the strike."


The union described their action as an act of kindness.


The number of trucks entering ports surged by 70 percent on Thursday compared to the previous day, reaching approximately 1,500 vehicles, as reported by the Rosario grains market.


The Rosario ports are the departure point for 80 percent of Argentina's agricultural exports, the vast majority of which are transported by truck.


The ability of trucks to access the port is returning to normal, according to the manager of the country's marine port chamber, Guillermo Wade.


Additionally on Wednesday, the transport ministry secured a deal with non-striking agricultural and transport groups to hike grain freight charges by 25%.


However, the majority of protesting unions, led by the UNTRA truckers' union, felt the rate increase insufficient and chose to dismantle highway blockades.


The head of the UNTRA, Carlos Geneiro, said, "We have far greater expenses than that."