[The 14th Five-Year Plan Central Enterprises Invested 260 billion Yuan in Tibet]The State-owned Assets Supervision and Administration Commission of the State Council yesterday (17th) held a central enterprise assistance work conference for Tibet. During the 13th Five-Year Plan period, central enterprises invested a total of 134.2 billion yuan in Tibet and implemented 9900 industrial projects. By the end of 2020, there were 170 branches of central enterprises in Tibet with total assets of 212.8 billion yuan and 20,000 employees, including 13,000 ethnic minority employees. During the "14th Five-Year Plan" period, central enterprises will invest more than 260 billion yuan in Tibet, and will also invest 2.2 billion yuan in free aid in Tibet. Editor/Xu Shengpeng
China Power Construction Corporation has announced the candidates for the EPC bidding of two major photovoltaic composite projects with a total capacity of 900MW in Lingwu, Ningxia. The total bid amount is about 903.7 million yuan, and the cost per watt is about 1.004 yuan. The consortium of China Electric Power Construction Qinghai Institute, China Construction Third Engineering Bureau, and China Hydropower Tenth Engineering Bureau will take on two first places. The project is located in the Lingwu Gobi Desert, with a new technology demonstration test zone. It will start construction in July 2026 and be fully connected to the grid by the end of December, with a tight schedule. The contractor is responsible for the full cycle EPC and most of the land coordination work. The consortium of state-owned enterprises relies on design and construction advantages to control costs. After the power station is completed, it will be connected to the Ningxia high-voltage main network for external transmission of green electricity, helping local consumption indicators and the transmission of electricity from the west to the east.Editor/Gong Ziwei
At the invitation of the President of the People's Republic of China, Myanmar President Myint Aung Hlaing will pay a state visit to the People's Republic of China from June 15 to 19, 2026. The statement states that both sides agree to continue to leverage the role of the China Myanmar oil and gas pipeline, steadily promote power interconnection, and explore the construction of an economically and environmentally sustainable energy partnership. Both sides agree to implement a direct settlement mechanism between RMB and Burmese kyat to promote trade, and support strengthening trade and investment cooperation in areas of common interest such as agricultural product processing, oil, and energy.Editor/Gong Ziwei