[Another large state-owned enterprise establishes a new energy company]Recently, the South-to-North Water Diversion Iron Works New Energy Co., Ltd. was unveiled at the China Iron Works Investment Headquarters, and successfully completed the industrial and commercial registration, and settled in Shijingshan District, Beijing. The main business is wind power, photovoltaic and pumped storage and other new energy investment directions. Editor / Xu Shengpeng
In May 2026, the contractor for the 282 kilometer toll road from Tashkent to Samarkand was determined, with a total investment of approximately 2.18 billion US dollars. The project is scheduled to start in July and has received financing support from multiple Chinese banks. After its opening, the travel time between the two places will be reduced to 2.5 hours.Editor/Gao Xue
On May 25, 2026, Sinopec announced that the cumulative production of Shengli Jiyang Shale Oil National Demonstration Zone had exceeded 2 million tons, marking a historic breakthrough in the exploration and development of medium to low maturity terrestrial shale oil in China.Editor/Gao Xue