Day: April 11, 2022

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Canton Fair 2022: Intelligent Manufacturing Upgrade Empowers Rapid Evolution of China’s Machinery Industry

GUANGZHOU, China, April 10, 2022 /PRNewswire/ — The 131st Canton Fair will be held online from April 15-24. According to Maggie Pu, Deputy Director General of the Foreign Affairs Office of the Canton Fair, a slew of highly-expected new products will be released in the machinery exhibition section this year.

As one of the most-visited exhibition sections at the Canton Fair, Machinery at the Canton Fair boasts big numbers in exhibits and turnover. Once incompetent, China’s machinery industry has drastically developed under the “innovation-driven” strategy.

China’s machinery industry is well-diversified. Fierce competition in the international market stimulates enterprises to take more seriously the product quality and costs and the capability to develop new products. Responding to the demands, enterprises have invested manpower and resources in strengthening the R&D of core technologies, which directly accelerated the transformation and upgrading of China’s machinery manufacturing industry.

In recent years, high-end equipment, including ultra-high voltage power transmission and distribution equipment, ten-million tonnage level oil refining equipment, and one-million tonnage level large ethylene equipment were developed, breaking the foreign company dominance. Emerging industries, such as robotics, have seen breakthroughs in motion control and high-performance servo drives. General machinery, agriculture machinery, small processing machinery and industrial parts have also formed a complete industrial chain. According to the German Mechanical Engineering Industry Association(VDMA), in 2020, China overtook Germany in the world rankings of machinery and equipment export with the lion’s share of 15.8% at €165 billion.

The Canton Fair brings together competent machinery manufacturing enterprises. Each session, leading exhibitors such as Guangzhou Tech-Long Packaging Machinery Co., Ltd., Hubei Tri-Ring Metal-Forming Equipment Import & Export Co., Ltd., and Hualian Machinery Group Co., Ltd. exhibited their new products at the Fair. New products include various intelligent equipment of different sizes, such as photoelectric complementary generator sets, new intelligent agricultural machinery, and digital silent inverter generator.

With the implementation of the “14th Five-Year Plan” for the Machinery Industry Development, China’s pertinent sectors will embrace much progress. The infrastructure boom in “Belt and Road Initiative” (BRI) countries, together with the Regional Comprehensive Economic Partnership(RCEP) taking effect, renders a broad stage for China’s machinery industry to quickly become internationally advanced. As a bond of friendship and a bridge for trade, the Canton Fair is witnessing the evolution of China’s manufacturing and machinery industries.

Visit https://www.cantonfair.org.cn/en-US/register/index#/foreign-email  for more opportunities.

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Sanalla confirms the possibility of Libya returning to produce 3 million barrels per day

Tripoli- The head of the National Oil Corporation, “Mustafa Sanalla,” stressed the importance of the oil sector, as it plays a key role in the stability of Libya, and one of the steadfast sectors despite all previous circumstances.

In a speech during his meeting with the heads of all sector companies in Tripoli, Sanalla indicated that the stage requires holding intensive meetings, and that the administration has formed several committees to follow up on the companies’ work and identify weaknesses to help improve conditions.

Sanalla called on the heads of the companies to prioritize the projects, to overcome the stumbling and the old ones, and to give special priority to the work of the companies that are in line with the goals of the Corporation, foremost of which is production, its sustainability and preservation, the sites and assets, the safety of operations and workers at the lowest possible cost, and the possibility of production in the near future reaching 3 million barrels daily ..

Source: Libyan News Agency

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The Deputy of the Presidential Council, the Supreme Commander of the Army, confirms the continuation of the Presidential Council’s support for the work of the Joint Military Committee 5 + 5

Tripoli- The Deputy President of the Presidential Council (Abdullah Al-Lafi), the Supreme Commander of the Libyan Army, met with the members of the 5+5 Joint Military Committee from the western region.

During the meeting, today in Tripoli, the representative affirmed the continued support of the Presidential Council, in its capacity as the supreme commander of the army, for the work of the Joint Military Committee 5 + 5, in order to accomplish the tasks entrusted to it, and to preserve everything that has been achieved during the past months, stressing that any defect in the work of the committee will undermine what has been achieved through successes, such as a ceasefire and stabilization, and it may negatively affect the security, safety and unity of the country.

The members of the committee reiterated the need to find radical solutions to the problem of disbursing the salaries of all members of the Libyan army, as well as faltering salaries in all sectors of the state.

Source: Libyan News Agency

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Head of Government and Minister and Defense Abdul Hamid Al Dabaiba follows up with Chief of General Staff, Chief of Staff of the Ground Forces and the 5+5 Committee military situation in the country

Tripoli-The Head of Government and Defense Minister Abdul Hamid Al Dabaiba followed up at a meeting Monday afternoon with Chief of General Staff Lt. General Mohammed Al-Haddad, Chief of Staff of the Ground Forces Al Fitouri Ghrebeel and the 5+5 Committee, the military situation in the country.

The Minister of Defense stressed, during the meeting, that the work of the committee is clear in accordance with the international agreement away from political work and without going into administrative details of the work of the state, so that it can accomplish its work, which requires a high degree of neutrality and professionalism to achieve its objectives.

The Minister of Defence said that the Libyan people appreciate the work done of the Commission 5+5 over the past period and its commitment to the tasks assigned to it, including refraining from political disputes, as this trend must continue, and not be reversed. For his part, the Chief of General Staff stressed that the role of the committee 5+5 is clear and detailed and has nothing to do with political affairs, stressing the continuation of the committee’s work in accordance with the tasks assigned to it.

Source: Libyan News Agency