[Xuzhou City Rail Transit Combined Operation PPP Project Bidding]On June 30, 2022, Xuzhou Metro issued an announcement on the prequalification of the PPP project for the combined operation of urban rail transit in Xuzhou. Approved by the Xuzhou Municipal People's Government, the PPP project of Xuzhou urban rail transit combined operation shall be invested, operated and maintained by means of cooperation between the government and social capital. The project authorized the main body of the Xuzhou Municipal People's Government, the total investment of the project is about 14.3 billion yuan. Editor / Zhao E
On April 3, 2026, the domestically developed maximum diameter 13.2-meter hard rock TBM by CCCC Tianhe started construction in Changshu. The machine is equipped with 7600 domestically produced rare earth special steel main bearings developed by the Institute of Metals, Chinese Academy of Sciences, with a rated life of over 15000 hours and performance exceeding imports. This move marks China Communications Construction Corporation's first achievement of 100% localization of core components for ultra large diameter tunneling machines, completely bridging the last mile of national production of major underground engineering equipment in China.Editor/Cheng Liting
At the Export to China SCO Choice Forum, Kazakh companies signed a $125 million agricultural export agreement with Chinese partners. Changsha Kaliev, the Minister of Trade of Kazakhstan, led a delegation to visit Shandong to deepen industrial and logistics cooperation. As the largest trading partner, the bilateral trade volume between China and Kazakhstan is expected to increase from 41 billion US dollars in 2023 to 48.7 billion US dollars in 2025, with Shandong's trade volume reaching 2.2 billion US dollars. Both sides are shifting from scale expansion to quality and efficiency improvement, with a focus on promoting the export of high value-added, non resource, and green technology products to ensure supply chain stability.Editor/Cheng Liting