- From October 27th to November 1st, 2025, the management team conducted business negotiations with the project partners in Singapore and Vietnam.
- From October 21st to October 25th, 2025, the company's management hosted 26 mayors from the Turkish Mayor Association in Hefei for a visit.
- On October 16, 2025, the company's management held in-depth discussions with the Panamanian national investment agency regarding the Panamanian project.
- On October 12, 2025, the company's management held a communication session with the relevant companies of Conch Group.
- On October 10, 2025, the company's management held a remote video conference with the Turkish National Development Department.
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World economy to shrink 5.2%
The coronavirus will cause global economic output to contract by 5.2% in 2020, the World Bank said on Monday, warning its latest forecasts would be revised downward if uncertainty persists over the pandemic and business lockdowns.
In its latest Global Economic Prospects report, the World Bank said advanced economies are expected to shrink 7% in 2020, while emerging market economies will contract 2.5%, their first since aggregate data became available in 1960.
On a per-capita GDP basis, the global contraction will be the deepest since 1945-46, as World War II spending dried up.
The report noted the downturn is hitting hardest in countries where the coronavirus epidemic has been the most severe and where there is heavy reliance on global trade, tourism, commodity exports and external financing.
The report also showed 2020 contractions of 6.1% for the US and Japan, a 9.1% contraction for the Eurozone, 8% for Brazil and 3.2% for India. China is expected to maintain growth of 1% in 2020.
（from http://www.kekenet.com/read/202006/612313.shtml）