[The amount of local government bonds will be approved in advance in 2023]The amount of local government bonds to be "pre-approved" in 2023 has been issued, and earlier than last year. Infrastructure investment is the main way to expand domestic demand and boost the economy at present and in the future, and it needs special debt funds to support it. The amount of new special debt will reach 4 trillion yuan in 2023. Editor/Xu Shengpeng
The dust has settled on the EPC section of the Ganquanbao Wulabo water transmission and lifting project, and Xinjiang Institute has led a consortium to win the bid with 4.114 billion yuan. The project has a construction period of 30 months, delivering 177 million cubic meters of water annually, constructing a dual channel of north to south water diversion, and optimizing the water resource pattern in Urumqi. Editor/Min Jing
Recently, the construction and testing of 304 storage tank pile foundations in the first phase of Wuhan Baihushan LNG storage and distribution base have been completed, with Class I piles accounting for 99%. The project developed a special plan for the rainy season to address the complex geological and rainfall impacts, successfully achieving key milestones and helping to strengthen the natural gas supply capacity in Central China. Editor/Min Jing