[China Railway and State Power Investment Corporation signed a contract]On June 29, 2022, China Railway and State Power Investment Corporation signed a strategic cooperation agreement and a memorandum on the launch of a strategic cooperation pilot project in Beijing. Chen Yun, Secretary of the Party Committee and Chairman of China Railway Group, and Qian Zhimin, Secretary of the Party Group and Chairman of SPIC attended the signing ceremony. Liu Baolong, member of the Standing Committee and Vice President of the China Railway Party Committee, signed a strategic cooperation agreement with Chen Xi, a member of the State Power Investment Party Group and Chief Accountant, on behalf of the two parties. Signed the Memorandum of Understanding on the Launch of the Strategic Cooperation Pilot Project on behalf of both parties. Editor / Zhao E
The first ultra-high voltage project in Shanghai during the 15th Five Year Plan period, the main transformer expansion project of Liantang 1000 kV substation, has recently started construction. As the core hub for East China Power's entry into Shanghai, the project has a total investment of 350 million yuan and is planned to be put into operation in June 2027. It will add 3 million kVA main transformers and increase Shanghai's external power receiving capacity by 50%. This expansion will be connected with the Mongolian Electric Power's Shanghai Ultra High Voltage Direct Current Project, which is expected to introduce 40 billion kilowatt hours of clean electricity from Inner Mongolia annually, with green electricity accounting for over 50%.Editor/Cheng Liting
Uzbekistan's President Mirziyoyev signed a decree officially establishing the Tashkent International Financial Center and the International Commercial Court. The center covers the entire financial chain including banking, investment, securities, digital assets, and Islamic green finance, and is subject to special legal systems. The central management agency has the authority to issue normative documents in multiple fields and directly apply the principles of English common law and equity in the Ukrainian legal system for the first time. The commercial court has two levels of first instance and appeal, providing new legal protection for international capital.Editor/Cheng Liting