[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
CRCC has won three EPC general contracting projects, including Gansu Independent Energy Storage, Ningxia Mountain Wind Power, and Shanxi Flywheel Hybrid Energy Storage, with a total amount exceeding 1.66 billion yuan. The project serves the peak shaving and consumption of the three power grids respectively, providing solid support for the construction of new regional power systems. Editor/Min Jing
On August 5, 2026, the office control building of the Nanning Granite Aggregate Mining Project, constructed by CR1G, completed its topping out. The project has an annual output of 2 million tons of aggregate and a comprehensive utilization rate of over 95%. The team overcame multiple difficulties such as typhoons and high temperatures during the flood season, and will accelerate the construction of the main mining project to help ensure the supply of local sand and gravel. Editor/Min Jing