WEIHAI, China , Aug. 26, 2022 /PRNewswire/ -- A news report from CRI Online:

Recently, the Watching New Development in Lingang, 2022 China Mainstream Media Tour took place in Lingang District, Weihai City, Shandong Province . Nearly 30 journalists joined the event and toured Lingang District where they discovered the area's many achievements and felt its vitality as a result of the completion of several real estate projects, the addition of new cultural and leisure venues and the roll out of policies to support further opening up to the outside world.

During the tour, the group visited Weihai Modern Agricultural Industry College (Hengxing), Weihai Gaosai Huayun Automobile Refitting, Weihai Taiji Intelligent Technology, SF Intelligent Sorting and Distribution Center, Sino-Japanese (Weihai) Cooperation Industrial Park and other companies where they interviewed several of the executives and employees working there. The combination of articles, photos and video shots put together by the journalists and made available online tell Lingang's story: the district has developed into one which is a perfect blend of high-end industries and a beautifully constructed city noted for its own unique charm.

Three industry clusters now call Lingang home: new materials, high-end equipment manufacturing and pharmaceuticals/medical devices. The presence of the clusters has accelerated the creation of a modern industrial ecosystem with local characteristics.

By embracing policies that support opening up, the district's government focused on bringing in quality investment and speeding up the construction of a strong industrial development platform. In 2018, the district received the approval to build the Sino-Europe (Weihai) SME Cooperation Zone. In 2021, the district took the lead in building the Sino-Japanese (Weihai) Cooperation Industrial Park, a move that quickly led to collaborations with foreign companies to build production capacity for both domestic and international markets and to create industry clusters supported by foreign investment.

In terms of scientific and technological innovation, Lingang District is home to more than 50 national- and provincial-level innovation platforms. For 2022, the district has set as a goal the raising of 8.7 million yuan (approx. US$1.5 million ) to support development in the new materials, electronic information and biomedicine sectors and the bringing in of 46 million yuan (approx. US6.7 million) in R&D investment from the private sector.

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WASHINGTON (Reuters) -Global shipping container suppliers China International Marine Containers and Maersk Container Industry in a joint statement on Thursday said they have abandoned a merger plan, citing significant regulatory challenges. China International Marine Containers (CIMC) in September had agreed to buy the Danish shipping company AP Moeller - Maersk's refrigerated containers maker for $987.3 million. The U.S. Justice Department said the deal would have combined two of the world's four suppliers of refrigerated shipping containers and further concentrated the global cold supply chain.

WASHINGTON (Reuters) -The U.S. government said on Thursday it will suspend 26 China-bound flights from the United States by four Chinese carriers in response to the Chinese government's decision to suspend some U.S. carrier flights over COVID-19 cases. The decision will affect flights by Xiamen, Air China, China Southern Airlines and China Eastern Airlines from Sept. 5 to Sept. 28. The U.S. Department of Transportation (USDOT) cited the recent cancellation of 26 American Airlines, Delta Air Lines and United Airlines flights over COVID-19 cases.

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California will ban the sale of internal combustion engine passenger cars by 2035, officials there said on Aug. 24. The policy, coming on top of new incentives for EV buyers in the Inflation Reduction Act, could dramatically reshape the entire US vehicle fleet. California is the country’s biggest vehicle market, and more than a dozen states copy its emissions standards.

Skyrocketing prices for natural gas have Europeans scrambling for alternative energy sources.In Germany, where households face a 480 euro rise in their gas bills, people are resorting to stockpiling firewood.

Altria Group (MO) declares a dividend hike of 4.4%, taking its quarterly dividend to 94 cents per share. The company is focused on boosting shareholders' returns.

As these catalysts are not likely to subside any time soon, natural gas prices could remain elevated at levels not seen since 2008. Here are three stocks related to natural gas exploration, production and distribution, and also pay high dividends to shareholders. ONE Gas Inc. is one of the largest publicly traded natural gas utilities in the United States.

SINGAPORE/HOUSTON (Reuters) -China has entrusted a defence-focussed state firm to ship millions of barrels of Venezuelan oil despite U.S. sanctions, part of a deal to offset Caracas' billions of dollars of debt to Beijing, according to three sources and tanker tracking data. China National Petroleum Corp (CNPC) stopped carrying Venezuelan oil in August 2019 after Washington tightened sanctions on the South American exporter. Since November 2020 China Aerospace Science and Industry Corp (CASIC) has been carrying Venezuelan crude on three tankers it acquired that year from PetroChina, CNPC's listed vehicle, the sources said.

Bank of America, Toyota Motor, AT&T, The Home Depot, Zoetis, and Occidental Petroleum are included in this Analyst Blog.

(Bloomberg) -- The US is set to harvest its smallest corn crop in three years, dashing hopes that one of the world’s largest agricultural exporters would give some relief to a global grain supply crunch and a break on higher food prices.Most Read from BloombergNearly 60,000 Sneakers in $85 Million Ponzi Scheme to Go on SaleTrump’s Stash at Mar-a-Lago Included Highly Classified DocumentsWorld’s Most Popular Password Manager Says It Was HackedGOP Fury Over ESG Triggers Backlash With US Pensions at

Demand for neodymium and praseodymium (NdPr), widely used to make magnets that power electric vehicle motors, remained strong as companies and governments work towards meeting their climate targets. The rare earths minerals are also used in a wide range of everyday goods such as iPhones and laptops. "Rare earths prices were sustained at high levels during the second half of the year and the NdPr market price remained 70% to 80% higher than in the same period last year," said Chief Executive Amanda Lacaze.

A spokesperson for Piedmont Lithium told the Charlotte Business Journal that the company has invested more than $100 million in its proposed Gaston County mining operations. That includes buying more than 2,100 acres.

The price of the console will jump by 10 per cent in Europe, with similar increases coming in Japan, China, Australia, Mexico and Canada, it said. “The global economic environment is a challenge that many of you around the world are no doubt experiencing,” said Jim Ryan, the president and chief executive of Sony Interactive Entertainment. “While this price increase is a necessity given the current global economic environment and its impact on SIE’s business, our top priority continues to be improving the PS5 supply situation so that as many players as possible can experience everything that PS5 offers and what’s still to come,” said Mr Ryan in the same announcement.

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OPEC+ ministers have complained about heightened volatility in oil markets, but when some OPEC+ ministers say “volatility”, what they really mean is “falling prices.”

Companies including Tyson Foods and Kraft Heinz have been searching for carbon dioxide as supply disruptions this summer exacerbated shortages.

What happens in California, particularly in terms of cars, doesn’t stay in California. Traditional auto makers are all-in on electric.

Crude prices were on course for a small gain this week, but hawkish news from the Fed’s symposium at Jackson hole and the possibility of a breakthrough in Iran JCPOA negotiations forced crude prices lower