[Transportation fixed asset investment reached 729 billion in the first 4 months] The Ministry of Transport released the relevant data of the transportation industry in the first 4 months. Data show that in the first four months, the investment in fixed assets of highway and waterway transportation in my country was 729.5 billion yuan, a year-on-year increase of 7.3%, of which road investment was 686.4 billion yuan, a year-on-year increase of 7.7%. Editor / Xu Shengpeng
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  • 2026.05.09 11:56
  • [Construction of 200000 ton integrated casting and forging project breaks ground]
  • On May 6, 2026, the 200000 ton high-quality alloy steel casting and forging integrated project jointly built by Yongyang Special Steel and Changxiang Special Steel started construction in Yongnian, Handan. The total investment is 5 billion yuan, covering the entire production line of mold casting, special smelting, forging, etc. The products are directly supplied to the aerospace, military and nuclear power fields. It is expected that the output value will be 50 billion yuan, the profit and tax will be 800 million yuan, and 2000 new jobs will be created within 5 years, adding another heavyweight chip to the high-end new material industry in Handan. Editor/Cheng Liting
  • 2026.05.09 11:56
  • [Xinjiang Lihua Cotton Spinning Chain settles in Kazakhstan]
  • On May 5, 2026, President Tokayev met with Zhang Qihai, Chairman of Xinjiang Lihua Group, to focus on the cotton textile industry chain project. Plan 52000 hectares of cotton fields, 196 drip irrigation pump stations, 500 kilometers of pipeline network, and 10 factories, with a first phase investment of 360 million US dollars, creating over 4000 jobs. Tokayev awarded Zhang Qihai the second-class "Friendship" medal of Kazakhstan on the spot, and two processing plants have been put into operation in Turkestan Oblast. Editor/Cheng Liting
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