[5 central SOEs turned into state-owned capital investment companies]Recently, the State-owned Assets Supervision and Administration Commission of the State Council issued the "Notice on Matters Concerning the Reform of State-owned Capital Investment Companies", and five companies including China Baowu, SDIC, China Merchants Group, China Resources Group and China National Building Materials Group were officially converted into state-owned capital investment companies. Editor/Ma Xue
Recently, the rotor of the variable speed pumped storage unit of the Langjiang Pumped Storage Project in Zhaoqing, Guangdong was successfully hoisted, marking the completion of the main installation of China's first domestically produced variable speed pumped storage unit.Editor/Cheng Liting
On October 4, 2026, it was learned from CNOOC that the main construction of the new central platform for the Dongfang 1-1 gas field, China's first offshore carbon injection and gas enhancement technology demonstration application project, has been completed and entered the commissioning stage. After the project is put into operation, it can store over 1 million tons of carbon dioxide annually in the seabed strata.Editor/Cheng Liting