[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
Indonesian National Economic Council Chairman Luhut met with Zheng Zhajie in Beijing to discuss the debt repayment mechanism for the Jakarta Bandung high-speed railway, stating that China has no objections to this plan. The talks also involve the operation of the transmission line and the planning of extending it to Surabaya. Indonesia plans to promote the equity adjustment of KCIC and study a long-term installment repayment plan of up to 80 years. Editor/Min Jing
The upgrade project of key sections of the A380 highway in Uzbekistan, undertaken by CR20G, has officially started. Ukrainian President Mirziyoyev attended the ceremony via video conference. The length of the renovated road section is 92 kilometers, and the original two lane road will be renovated to enhance traffic capacity. The project is expected to be opened in 2029, helping to improve the core trunk road network in Ukraine. Editor/Min Jing