[The National Standing Committee supports the construction of major projects]The executive meeting of the State Council proposed to increase the credit line of policy banks by 800 billion yuan for financial support for infrastructure construction, and to establish a docking mechanism for the list of key projects. Editor / Xu Shengpeng
Recently, the Megchi Irrigation Dam in Ethiopia was completed and put into use, with a total storage capacity of 185 million cubic meters, ensuring irrigation of over 17000 hectares of farmland and benefiting tens of thousands of farmers.Editor/Gao Xue
In 2026, CNOOC Chemical approved the feasibility study report for the 1.2 million tons/year natural gas to methanol project, located in Dongfang, Hainan. The project is planned to start construction in December 2027 and be put into operation in December 2029.Editor/Gao Xue