Machinery, materials, industrial development and supply chains
China and the United States have published reciprocal tariff exemption lists covering approximately $30 billion of goods in each direction. The arrangement spans about $60 billion in combined trade and directly affects Gulf shipping and logistics networks.
Chinese battery manufacturer Gotion High-Tech has secured contracts to supply 6 gigawatt-hours of utility-scale battery energy storage systems in Saudi Arabia. The award covers three projects under the Saudi Power Procurement Company's first procurement group, valued at approximately $1.16 billion. The systems will connect directly to the kingdom's 380-kilovolt transmission network.
The XI International Industrial and Energy Forum in Tyumen featured participation from Chinese energy companies and the UAE's Abu Dhabi National Oil Company. ADNOC advanced supplier qualification frameworks covering 60 approved technical standards, while Chinese and Gulf entities signed commercial pacts across upstream services, LNG shipping, and decarbonization technologies.
The XI International Industrial and Energy Forum (TNF 2026) in Tyumen operated with full international status, convening over 18,000 participants from across the energy sector. Representatives from China and the UAE's ADNOC participated alongside major Russian energy producers. The event registered more than 50 cooperation agreements and over 200 technology launches.
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