South Korean airline Korean Air to buy 103 Boeing jets, GE engines

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

SEOUL, Aug. 26 (Xinhua) — Korean Air said Tuesday it will purchase 103 next-generation aircraft from Boeing, 19 spare engines from GE Aerospace and CFM International, and a comprehensive engine maintenance program from GE Aerospace.

The total purchases will be worth approximately US$50 billion, including US$36.2 billion for Boeing aircraft and US$13.7 billion for spare engines and a 20-year engine maintenance contract, Korean Air said in a statement.

The signing ceremony took place in Washington following a meeting between South Korean President Lee Jae-myung and US President Donald Trump.

The deal is the largest in the airline's history. The aircraft will be delivered in stages until the end of 2030. –0–

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China's key energy sector targets for 14th Five-Year Plan to be achieved on schedule – official

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Source: People's Republic of China – State Council News

BEIJING, Aug. 26 (Xinhua) — China's energy sector will achieve key targets set in the 14th Five-Year Plan (2021-2025), including total power generation capacity and non-fossil fuel share, as scheduled, Wang Hongzhi, head of the National Energy Administration, said at a press conference on Tuesday.

As he emphasized, during the specified period, China's energy sector has achieved breakthrough progress and historic successes.

Under the plan, China aims to increase the country's annual total power generation capacity to more than 4.6 billion tons of standard coal by 2025 and increase the share of non-fossil energy sources in the overall energy consumption structure to about 20 percent. -0-

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Erenhot checkpoint intends to promote development of cross-border e-commerce between China and Russia

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Source: People's Republic of China – State Council News

BEIJING, Aug. 26 (Xinhua) — A truck from the Ereenhot post office loaded with parcels of daily necessities for export arrived at the city's cross-border e-commerce (CEC) supervision center for sorting on Aug. 23. After customs inspection, the truck headed to Moscow via the Ereenhot checkpoint in north China's Inner Mongolia Autonomous Region.

Thus, testing of the delivery of commercial mail to Russia by road through the Eren Hot checkpoint has begun. This was stated in a message posted on the website of the city administration on Tuesday.

The local postal service said that if the test is successful, such operations will be carried out on a regular basis and their volume can be expanded, which will help strengthen the role of the Erenhot checkpoint in the development of cross-border e-commerce between China and Russia.

It is reported that the Erenhot Post Office has successfully launched its energy and power industry operations targeting Mongolia. Based on a modern parcel receiving and sending platform, it provides full-cycle services to energy and power industry enterprises, including parcel collection and processing, export declaration, international land transportation, overseas customs clearance, and final delivery.

In the first seven months of 2025, the international operations service at the Ereenhot post office processed 616,000 orders for energy products worth more than 70 million yuan (about 9.8 million US dollars). -0-

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Vice Chairman of China Meets with Special Envoy of President of Republic of Korea

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Source: People's Republic of China – State Council News

BEIJING, Aug. 26 (Xinhua) — Chinese Vice President Han Zheng met with Pak Peng-sek, special envoy of South Korean President Lee Jae-myung, in Beijing on Tuesday.

Han Zheng said that China is willing to work with the Republic of Korea to implement the important agreements reached by the two heads of state, consolidate strategic mutual trust, expand common interests, strengthen multilateral cooperation, and promote the sustainable, healthy and stable development of bilateral relations.

Noting that this year marks the 80th anniversary of the victory of the Chinese People's War of Resistance Against Japanese Aggression and the World Anti-Fascist War, as well as the 80th anniversary of the liberation of the Korean Peninsula, Han Zheng said China is willing to work with the international community, including the Republic of Korea, to jointly safeguard the victory of World War II and firmly uphold genuine multilateralism.

Pak Peng Sek, in turn, stated that the new government of the Republic of Korea attaches great importance to its relations with China and respects the one-China principle.

The Republic of Korea is willing to push forward the return of the bilateral strategic cooperative partnership to normalcy under the guidance of the important consensus of the leaders of both countries, bringing benefits to the peoples of the two countries, Pak Peng Suk added. -0-

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Xi Jinping Meets with Chairman of the Russian State Duma

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Source: People's Republic of China – State Council News

BEIJING, Aug. 26 (Xinhua) — Chinese President Xi Jinping met with Russian State Duma Chairman Vyacheslav Volodin in Beijing on Tuesday.

As Xi Jinping noted, the level of stability, maturity and strategic content of Chinese-Russian relations make them truly unique among relations between major powers.

The continued promotion of high-level Chinese-Russian relations not only serves the fundamental interests of the two peoples, but also benefits the cause of world peace, Xi Jinping said.

As Xi Jinping noted, in May he paid a state visit to Russia and attended the celebrations of the 80th anniversary of the Victory in the Great Patriotic War. Next week, China will widely and solemnly celebrate the 80th anniversary of the Victory in the Chinese People's War of Resistance against Japanese Aggression and the Victory in the World Anti-Fascist War, he said.

China and the Soviet Union, as the main theaters of military operations in Asia and Europe in World War II, suffered enormous national losses to defeat militaristic Japan and German fascism, and made important contributions to the victory in World War II, Xi Jinping said. -0-

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The 7th China International New Materials Industry Fair to be held in Harbin

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Source: People's Republic of China – State Council News

BEIJING, Aug. 26 (Xinhua) — The 7th China International New Materials Industry Fair will be held from Aug. 30 to Sept. 1 in Harbin, capital of northeast China's Heilongjiang Province, according to a statement posted on the website of the Harbin Municipal Government.

The upcoming event will focus on the deep integration of artificial intelligence and the new materials industry. Through the organization of various events and innovative exhibitions, it will create a platform for global cooperation and exchange in the field of new materials.

The fair will consist of four main sections, including the opening ceremony, exhibitions, key meetings and side events. In particular, the theme exhibitions will showcase the innovative achievements of China's new materials industry during the 14th Five-Year Plan period (2021-2025).

As for the 33 parallel events and a series of supporting events, they will cover China-South Korea and China-Russia industrial cooperation talks, China-Europe seminar on technological achievements transformation, new product launches, etc.

According to statistics, more than 500 Chinese and foreign enterprises will take part in the upcoming fair, and the number of its participants and visitors is expected to exceed 30 thousand people.

As a "weather vane" for the development of new materials industry, the aforementioned fair will become an important link in promoting global win-win cooperation in the field of new materials and give strong impetus to the high-quality development of new materials industry in Heilongjiang Province and the whole country. -0-

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Inner Mongolia hosts trade fair to highlight China's opening up to the north

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Source: People's Republic of China – State Council News

BEIJING, Aug. 26 (Xinhua) — The third China North Opening Up Economic and Trade Fair kicked off in Hohhot, capital of North China's Inner Mongolia Autonomous Region, on Monday, the Chinese daily Neimenggu Ribao reported on Tuesday.

More than 300 representatives from various circles of people from China and abroad gathered at the event to discuss cooperation plans and find new opportunities for development.

At the opening of the fair, presentations were made by representatives of Mongolia, Russia and Japan, as well as officials of the Inner Mongolia Autonomous Republic.

The fair unveiled the “Common Plan for Joint Development of the China-Mongolia Ereenhot-Zamyn-Uud Economic Cooperation Zone,” and signed agreements on 21 key projects with a total investment of 65.294 billion yuan (US$9.18 billion). These projects cover areas such as cross-border trade in services, mineral resource development, technical cooperation in new energy, the establishment of the “Great Tea Road” service trade platform, and the export of used cars to Russia.

A representative of the Inner Mongolia Autonomous Region Commerce Department noted that the current fair will give a new powerful impetus to regional trade and economic cooperation. According to him, the signing of agreements on the implementation of 21 projects at the event will help promote the construction of the China-Mongolia-Russia economic corridor and the deep integration of cross-border production chains. -0-

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The 2025 Eurasian Economic Forum will be held in Xi'an, China in September

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Source: People's Republic of China – State Council News

XI'AN, Aug. 26 (Xinhua) — The 2025 Eurasian Economic Forum will be held from Sept. 23 to 25 in Xi'an, capital of northwest China's Shaanxi Province. The main theme of the upcoming event is "consolidating new driving forces in Eurasia and jointly building a new architecture of sustainable development," according to a statement from the organizers.

The 2025 forum aims to promote the country's overall diplomatic configuration, showcase its achievements in Chinese modernization, and help build a new model of regional cooperation in Eurasia. By providing a high-level communication platform and hosting a series of economic, trade and cultural events, the forum aims to achieve a series of practical results and conclude a series of cooperation agreements, organizers said at a press conference in Xi'an on Monday.

As noted by the member of the organizing committee, Vice Mayor of Xi'an Niu Kai, the forum will include 13 sub-forums devoted to the topics of cooperation in production capacity, joint establishment of rules, cultural and humanitarian integration, technological innovation and coordinated management. The forum's program also includes holding more than 10 events on trade, economic and cultural exchanges, and presenting a Eurasian economic review within the framework of the Belt and Road initiative.

Representatives of the Shanghai Cooperation Organization member states, observer states and dialogue partners of the SCO, as well as politicians, ministerial and governor-level officials from the Belt and Road countries, Central, South and West Asian countries, will be invited to the forum, Niu Kai said. Representatives of international organizations, ambassadors of foreign countries to China, heads of transnational corporations, specialists and scientists are also expected to attend the forum.

As an important mechanism for economic cooperation within the SCO, the Eurasian Economic Forum has been held every two years since its establishment in 2005.

This year, the forum, the 11th in a row, is jointly organized by the People's Government of Shaanxi Province, the SCO Secretariat, the China Development Bank, the Export-Import Bank of China, the SCO Committee on Good-Neighborliness, Friendship and Cooperation, and the China Scientific Center of the International Eurasian Academy of Sciences. -0-

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Three killed, 10 injured as Typhoon Kajiki hits Vietnam

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Source: People's Republic of China – State Council News

HANOI, Aug. 26 (Xinhua) — At least three people have been killed and 10 others injured in northern and central Vietnam due to heavy rains, strong winds and floods triggered by Typhoon Kajiki, the country's Ministry of Agriculture and Environment said on Tuesday.

The storm also damaged more than 6,800 houses, flooded more than 28,800 hectares of rice crops and 2,200 hectares of other crops, and knocked down almost 18,000 trees, Voice of Vietnam radio reported, citing the department.

The typhoon damaged energy infrastructure: 331 power poles fell, and almost 1.3 million consumers lost power supply.

Local authorities continue restoration work and assess the full extent of the damage. –0–

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China Launches 10th Batch of Low-Earth Orbit Internet Satellites

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Source: People's Republic of China – State Council News

WENCHANG, Hainan Province, Aug. 26 (Xinhua) — China successfully launched a new group of low-orbit internet satellites early Tuesday from the Hainan Commercial Satellite Launch Center in south China's island province of Hainan.

The Long March-8A rocket lifted off at 03:08 Beijing time, successfully placing the 10th group of low-orbit satellites designed to provide internet access into the designated orbit. -0-

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