Transportation fixed asset investment reached 729 billion in the first 4 months--Seetao

[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

Click to see more live >>

Latest

2026.09.15 16:05
[CNOOC Qatar Offshore Oil and Gas General Contracting Project starts construction]
On September 15, 2026, the Qatar BH EPIC project of China National Offshore Oil Corporation (CNOOC) started construction in Qingdao. This is the highest international offshore oil and gas engineering general contracting project in China to date, with a total amount of approximately 4 billion US dollars. The project includes more than 60 offshore oil and gas facilities, 40 submarine pipelines and cables, and a total steel processing capacity of over 130000 tons. During the 14th Five Year Plan period, CNOOC Engineering has undertaken over 170 overseas projects, and its global competitiveness in high-end offshore engineering contracting continues to improve. Editor/Cheng Liting

2026.09.15 16:04
[Dangote Refinery launches largest public IPO in Africa]
On September 14, 2026, Nigeria's Dangote Refinery officially launched a public IPO, issuing 4.1 billion shares at 525 naira per share, fully subscribing to raise 2.15 trillion naira. The funds will be used to double the refining capacity to 1.4 million barrels per day. Previously, a $2.5 billion institutional private placement was completed in July, and the public subscription period for this time is until October 13th, with a minimum subscription threshold of 10 shares. For overseas Chinese enterprises in petrochemical equipment and engineering, they can follow up on the subsequent expansion and procurement process by combining the already established process cooperation directions. Editor/Cheng Liting