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It is reported that the Danish research and analysis company Sea-Intelligence used the congestion update data released by HMM from November 16, 2020 to December 16, 2021, to study the increased congestion related to the container terminals at both ends and the multiple related to the terminal. Congestion of intermodal transport. The North American Terminal Congestion Index shows that congestion peaked in mid-September this year, and then there was a short-term improvement in early October. However, this improvement was quickly reversed and congestion reached its highest level in history. Sea-Intelligence said that although the congestion data used comes from HMM, it cannot guarantee that the experience of a specific company can fully represent all other operators in the world, but as a major global operator and a member of THE alliance, it believes that it should reflect the overall market situation. "Although people are very concerned about the congestion problem and hope to solve the same problem, the reality experienced by HMM is that the port congestion problem in Europe is getting worse, and the congestion problem in North America continues to be at a historical high, and there is no sign of improvement." Sea- Intelligence CEO Alan Murphy pointed out. In terms of multimodal transport congestion, the situation in North America continues to deteriorate, and there are recent signs in Europe that the situation has deteriorated slightly. Murphy concluded: "As we enter the peak period before the Spring Festival (in the next six weeks), the situation is likely to get worse before it improves."

[Dual Control of Energy Consumption" Policy of the Chinese Government Last year, the Chinese government has officially announced that China aims to reach peak emissions before 2030 and achieve carbon neutrality before 2060, which means that China only have 30 years for continuous and rapid emissions cuts. To build a community of common destiny, the Chinese people have to work hard and make unprecedented progress. To commit the promise to the world that China will meet the emission peak in year 2030 and carbon neutrality in year 2060, Chinese local governments have taken strict-ever actions to reduce release of CO2 and energy comsumption by restricted supply of electricity power. In September, many local governments in China began to implement strict "dual control system of energy consumption" policies. Our production lines as well as our upstream supply chain partners were all affected to a certain extent. In addition, the China Ministry of Ecology and Environment has issued the draft of "2021-2022 Autumn and Winter Action Plan for Air Pollution Management" in September. This autumn and winter (from October 1, 2021 to March 31, 2022), the production capacity in some industries may be further restricted. Some areas supply 5 days and stop 2 days in a week, some supply 3 and stop 4 days, some even just supply 2 days but stop 5 days. These actions will result in a terrible increase of all costs, from raw materials to packing materials, from labor cost to ports operation costs. Therefore, if you have a demand for hydraulic breaker,order as soon as possible. Otherwise, the price will increase in the future.Our company has been committed to providing customers with high-quality products and thoughtful service. Prior to this, we have made every effort to mitigate the impacts of issues like rising raw material costs and exchange rate fluctuations and to avoid price increases.

The Dragon Boat Festival, also called the Duanwu Festival, is celebrated on the fifth day of the fifth month according to the Chinese calendar. This festival is to commemorate the death of QU Yuan, an upright and honest poet and statesman who is said to have committed suicide by drowning himself in a river. The most important activity of this festival is the Dragon Boat races. It symbolizes people`s attempts to rescue Qu Yuan. In the current period, these races also demonstrate the virtues of cooperation and teamwork. Besides, the festival has also been marked by eating zong zi (glutinous rice). Zong zi is made of glutinous rice stuffed with different fillings and wrapped in bamboo or reed leaves. People who mourned the death of Qu threw Zong zi into the river to feed his ghost every year. With the changes of the times, the memorial turns to be a time for protection from evil and disease for the rest of year. People will hang healthy herbs on the front door to clear the bad luck of the house. Although the significance of the festival might be different with the past, it still gives the observer an opportunity to glimpse a part of the rich Chinese cultural heritage.

The May 1st International Labor Day, the holiday time is May 1st to 5th. May day is a blessing,wish you peace happy garden!

Listed companies in the upstream of raw materials continue to announce price increases. On March 10, Lomon Baili (28.000, -3.10, -9.97%) announced that the price of the company's titanium dioxide will increase by 1,000 yuan/ton from now on. Prior to March 3, China Nuclear Titanium Dioxide (9.220, -0.58, -5.92%), Anada (10.290, -0.70, -6.37%), Huiyun Titanium (17.400, -0.90, -4.92%) on the same day A price increase announcement was issued to increase the titanium dioxide by 1,000 yuan/ton, 1,000 yuan/ton, and 1,200 yuan/ton respectively. These companies have all raised prices 2-3 times during the year.

Another year of good fortune is beginning in China. Fireworks pop higher in the sky. Dragon dance in the streets and the city slows down to celebrate Chinese New Year. In Chinese culture it's the most important time of the year. Rooted in traditions and customs passed down through the ages. Happy New Year!

Regional Comprehensive Economic Partnership Signatories 15 Australia Brunei Cambodia China Indonesia Japan South Korea Laos Malaysia Myanmar New Zealand Philippines Singapore Thailand Vietnam Ratifiers 11 Singapore (9 April 2021) China (15 April 2021) Japan (25 June 2021) Brunei (11 October 2021) Cambodia (15 October 2021) Laos (26 October 2021) Thailand (28 October 2021) Vietnam (29 October 2021) Australia (2 November 2021) New Zealand (2 November 2021) South Korea (3 December 2021) Depositary Secretary-General of ASEAN Language English The Regional Comprehensive Economic Partnership is a free trade agreement among the Asia-Pacific nations of Australia, Brunei, Cambodia, China, Indonesia, Japan, South Korea, Laos, Malaysia, Myanmar, New Zealand, the Philippines, Singapore, Thailand, and Vietnam. The 15 member countries account for about 30% of the world's population (2.2 billion people) and 30% of global GDP ($26.2 trillion), making it the largest trade bloc in history. It is the first free trade agreement among the East Asian China, Japan, and South Korea, three of the four largest economies in Asia.As of 1 December 2021, six of the ten ASEAN and all of the five non-ASEAN signatories have deposited their instruments of RCEP ratification with the Secretary-General of ASEAN. The trade pact is projected to enter force on 1 January 2022.

The Mid-Autumn Festival originated in the ancient times, popularized in the Han Dynasty, and fixed in the early years in the Tang Dynasty, prevailed in the Song Dynasty. The Mid-Autumn Festival is a synthesis of customs in the fall, and the factors that are included, most of them have ancient origins. The Mid-Autumn Festival is rounded in the moon, to hit the hometown of hometown, though the loved ones, and pray for harvest, happiness, and become a colorful and precious cultural heritage. Mid-Autumn Festival and the Spring Festival, the Ching Ming Festival, the Dragon Boat Festival, called China's four traditional festivals. Affected by Chinese culture, the Mid-Autumn Festival is also traditional festivals in Some countries in East Asia and Southeast Asia, especially local Chinese overseas Chinese. On May 20, 2006, the State Council included them in the first batch of national intangible cultural heritage lists. Since 2008, the Mid-Autumn Festival is listed as national legal holidays.

A breaker is a powerful percussion hammer fitted to an excavator for demolishing hard (rock or concrete) structures. It is powered by an auxiliary hydraulic system from the excavator, which is fitted with a foot-operated valve for this purpose. Additionally, demolition crews employ the hoe ram for jobs too large for jackhammering or areas where blasting is not possible due to safety or environmental issues. Breakers are often referred to as "hammers", "peckers", "hoe rams" or "hoe rammers". These terms are popular and commonly used amongst construction/demolition workers.The first hydraulic breaker, Hydraulikhammer HM 400, was invented in 1967 by German company Krupp (today German company Atlas Copco) in Essen.

bauma CHINA 2020 (Shanghai BMW Construction Machinery Exhibition) will be held as scheduled at the Shanghai New International Expo Center from November 24-27, 2020. At that time, major companies will bring their leading products to make a big debut, demonstrating the hard core strength of China's construction machinery. In the post-epidemic era, how will China and the global construction machinery industry develop? The 2020 exhibition site will be announced for you!