[Three Gorges Group and Zheneng Joint Venture to Establish Pumped Storage Company] On June 21, 2022, Zhejiang Songyang Pumped Storage Co., Ltd. was established with a registered capital of 1.6 billion yuan. Its business scope includes hydropower generation, tap water production and supply, scenic spot management, energy storage technology services, etc. The company is jointly held by China Three Gorges Construction Engineering Co., Ltd. and Zhejiang Zheneng Green Energy Power Development Co., Ltd. Editor / Zhao E

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• 2026.07.30 16:40
• [Uzbekshtagan launches $1 billion toll loop]
• Tashkent, the capital of Uzbekistan, is promoting transportation upgrades, with a total investment of about 1 billion US dollars and a 100 kilometer double decker toll ring road entering the planning stage. A memorandum of cooperation has been signed with China Railway Construction Corporation and China Hunan Overseas, covering projects such as tunnels, overpasses, BRT corridors, and road renovations. In addition, China Construction plans to invest 500 million US dollars in the construction of supporting road networks. The relevant agreements are not yet final contracts, and multiple Chinese enterprises continue to expand their presence in the local infrastructure market.Editor/Gong Ziwei

• 2026.07.30 16:36
• [Multiple eVTOLs showcased at Shanghai exhibition]
• Recently, the 2026 International Low Altitude Economy Expo opened in Shanghai, showcasing 570 aircraft. The low altitude economy is accelerating into the commercialization stage, with multiple aircraft appearing, significantly reducing flight operating costs. Enterprises are collaborating on logistics operations and emergency rescue to expand real-life applications. The exhibition supporting seminar released relevant action proposals, and China actively participated in the construction of global standards for low altitude economy, exploring scalable industry development plans in China.Editor/Gong Ziwei