[Comrade Fu Gangfeng served as chairman of SDIC]On June 17, 2022, China Development and Investment Group Co., Ltd. held a meeting of middle-level and above managers. The relevant responsible comrades of the Central Organization Department announced at the meeting the central government's decision on the appointment of the chairman and party secretary of China Development and Investment Group Co., Ltd.: Comrade Fu Gangfeng was appointed as the chairman and party secretary of China Development and Investment Group Co., Ltd., and he was removed from COSCO Group. Director, general manager and deputy secretary of the party group of Shipping Group Co., Ltd. Editor / Zhao E
Uzbekistan approves the conceptual plan for the Tashkent to Nurafshan BRT project, with a total length of 23 kilometers and a total investment of approximately 120 million US dollars. The project plans to sign a loan agreement in the third quarter, select a contractor through bidding in the fourth quarter, and put it into operation by the end of 2028. After completion, it can transport more than 50000 people per day and shorten travel time by 30% to 40%.Editor/Gao Xue
On March 24, 2026, the National Development and Reform Commission approved the proposal for the construction of the Qianjiang Jishou Railway and the Nanyang Xinyang Hefei Railway projects. The Qianjiang Jishou Railway has a total length of 222 kilometers and a total investment of 44.8 billion yuan; The railway from Nanyang to Xinyang to Hefei has a total length of 515 kilometers and a total investment of 68.1 billion yuan. Both high-speed railways have a standard speed of 350 kilometers per hour and are planned to start construction within this year.Editor/Gao Xue