[SPIC and Shandong Province signed a deepening agreement]On September 16, 2021, under the witness of Li Ganjie, Deputy Secretary of the Shandong Provincial Party Committee and Governor, Qian Zhimin, Chairman and Party Secretary of SPIC, Wang Shujian, Member of the Standing Committee of the Shandong Provincial Party Committee and Executive Vice Governor, and SPIC Director, Zu Bin, deputy secretary of the Party Group, signed an agreement to deepen strategic cooperation on behalf of both parties. According to the agreement, SPIC will, in accordance with the "Strategic Cooperation Agreement on Major Projects for the Conversion of Old and New Kinetic Energy in Shandong" signed with the People's Government of Shandong Province, on the basis of the good cooperation between the two parties, further deepen the innovation in nuclear energy technology, nuclear power equipment manufacturing, clean energy, etc. Cooperation in the field will help Shandong build a clean, low-carbon, safe and efficient new energy system, accelerate the realization of China’s "3060" goal, and contribute to the implementation of major projects for the conversion of new and old kinetic energy in Shandong and build a modern and powerful province in the new era. Editor/Xing Wentao
On April 10th, the National Bureau of Statistics released data showing that the CPI in March increased by 1.0% year-on-year, but the growth rate has declined. This is mainly due to the seasonal drop in food and service prices, as well as the decrease in pork, tourism, and other prices. PPI increased by 0.5% year-on-year, marking the first time it has turned upward after 41 months of continuous decline. Driven by the rise in international commodity prices and the improvement of domestic supply and demand, industries such as petroleum and non-ferrous metals saw significant price increases. Editor/Cheng Liting
On April 7, 2026, the deepest offshore wind power project of Huaneng Shandong Peninsula North L site in China was fully connected to the grid. The project is located in the Muping sea area of Yantai, with a water depth of 52-56 meters. It is equipped with 42 12 MW wind turbines and uses the highest four pile pipeline foundation in China. The annual power generation is 1.638 billion kilowatt hours. Yantai Power Supply Company ensures grid connection through the "Clear Wind and Warm Sun" service. The project has promoted the installed capacity of new energy in Yantai to reach 16.66 million kilowatts, ranking first in the province and assisting in the green and low-carbon transformation.Editor/Cheng Liting