[China's new infrastructure market exceeds 10 trillion in the 14th Five-Year Plan]By 2025, the digital economy will enter a period of comprehensive expansion, and the added value of the core industries of the digital economy will account for 10% of GDP. It is estimated that the scale of the digital economy will exceed 60 trillion yuan, of which digital industrialization will exceed 10 trillion and industrial digitization will exceed 50 trillion. Editor / Xu Shengpeng
On June 22, 2026, Zhonggong International announced that its wholly-owned subsidiary, China Zhongyuan International Engineering Co., Ltd., signed a general contract for the construction of a 100 MW/102 MW independent hybrid energy storage power station in Changfeng County, Hefei City, Anhui Province with Yuankong Storage and Charging. The contract amount was 1.127 billion yuan, accounting for 9.75% of Zhonggong International's total operating revenue in 2025. According to the announcement, the project construction mainly includes the survey and design, supply, construction, testing, commissioning, inspection, and acceptance of the energy storage power station. The project period is 244 days from the date of commencement. Yuankong Energy Storage is a subsidiary of Yuandian (Beijing) Flywheel Energy Storage Technology Co., Ltd., a technology-based enterprise specializing in the research and industrialization of magnetic levitation flywheel energy storage technology. Its business covers areas such as grid side frequency regulation, rail transit energy recovery, and new energy vehicle supercharging stations.Editor/Gong Ziwei
On June 22, 2026, the Three Gorges Group Xinjiang Jimsar Million Photovoltaic Supporting Vanadium Liquid Flow Energy Storage Project was fully put into commercial operation one month ahead of schedule. The project is located in Jimsar County, Changji, with an energy storage capacity of 200000 kilowatts/1 million kilowatt hours, making it the largest all vanadium liquid flow energy storage power station in China. Relying on long-term energy storage technology, the equipment is safe, durable, and easy to expand. The project generates an average of 1.72 billion kilowatt hours of electricity annually, saving 519000 tons of standard coal and reducing carbon dioxide emissions by 1.424 million tons.Editor/Gong Ziwei