Core Viewpoint - The insurance demand for Chinese enterprises going abroad is increasing, but the domestic insurance industry faces challenges such as insufficient supply and weak service capabilities [1][4]. Group 1: New Insurance Demands - The insurance needs of Chinese enterprises going abroad are diverse, including cargo insurance, product liability insurance, and various project-related insurances [4]. - The rapid growth of China's new energy vehicle (NEV) exports presents new opportunities for insurance services, with NEV exports reaching 1.758 million units from January to September, a year-on-year increase of 89.4% [7]. - Domestic insurance companies are focusing on overseas markets, particularly in developing countries, to seek new growth avenues amid fierce competition in the domestic auto insurance market [6]. Group 2: Challenges in Providing Insurance - Domestic insurance companies face challenges such as data difficulties, compliance barriers, insufficient service network, and special risk management capabilities when providing insurance for NEV exports [8]. - The lack of understanding of local driving environments and repair costs complicates accurate pricing for NEV insurance [8]. - Compliance with diverse regulatory requirements in different countries adds pressure on domestic insurers when designing coverage terms [8]. Group 3: Innovative Solutions - To address the challenges, domestic insurers are exploring partnerships with local insurance companies to facilitate insurance issuance and claims processing in overseas markets [9][10]. - The Shanghai International Reinsurance Registration Trading Center is being utilized to enhance the efficiency of cross-border insurance transactions [11]. Group 4: Evolving Risk Management Needs - As NEV exports increase, there is a growing demand for insurance solutions related to battery lifecycle management, especially with the upcoming EU battery passport regulation [13]. - Insurance companies are collaborating with professional institutions to integrate battery health monitoring services into the insurance process [14]. Group 5: International Engineering Insurance - The demand for international engineering insurance services is also rising, with China's overseas contracting business reaching a revenue of 876.4 billion yuan, a year-on-year increase of 12.2% [18]. - New types of risks, such as geopolitical risks and cybersecurity threats, are emerging, prompting companies to seek tailored insurance solutions [18][20]. Group 6: Industry Challenges - The domestic insurance industry faces challenges such as insufficient product supply, lack of pricing capabilities, and inadequate service capabilities in supporting enterprises going abroad [21]. - There is a need for improved data platforms, global networks, and innovative reinsurance solutions to empower insurance companies in their international endeavors [22].

Core Points - The successful completion of the 4th tunnel of the 27.7 km Ehelepola Canal water diversion project in Sri Lanka marks a significant milestone, indicating that the project is entering its final phase of construction [1][3] - The 4th tunnel, measuring 1,097 meters in length, faced challenges due to its shallow depth, low rock quality, and proximity to residential areas, which include houses, schools, and farms [3] - The project, which began construction in January 2023, has created over 1,300 local jobs and aims to provide irrigation water for over 70,000 hectares of farmland and drinking water for more than 370,000 households upon completion [3] Project Details - The project is a key livelihood initiative in Sri Lanka, involving hard rock tunneling, the 4th tunnel, and some open-cut water channels [3] - The construction team employed blasting methods while enhancing safety and environmental management, optimizing blasting techniques, and installing noise reduction facilities to minimize vibrations and noise [3] - The project has received a 24-hour blasting permit, which has significantly improved work efficiency [3]