The amount of local government bonds will be approved in advance in 2023--Seetao

[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

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2026.04.27 18:12
[Key progress has been made in the Ningbo West Station project in Zhejiang, China]
The new Ningbo West Station and related engineering survey projects have successfully passed the intermediate inspection, laying a solid foundation for the preliminary design. The project is located in the center of Ningbo West Hub, between the future Ningbo Lishe International Airport T3 Terminal and the Ningbo West Railway Station. The total area of the project is about 26 hectares, with a total investment of about 13.37 billion yuan. The total length of the line is 48.36 kilometers, with a designed speed of 350 kilometers per hour, and it will create a comprehensive transportation hub integrating air and rail.Editor/Gong Ziwei

2026.04.27 18:03
[China's largest LNG carrier officially delivered]
On April 26, 2026, China officially delivered its first domestically produced 180000 cubic meter LNG transport ship, the "Georgetown", in Nantong, Jiangsu. It is currently the largest liquefied natural gas transport ship in China in terms of cargo capacity. The ship was built by China Merchants Heavy Industry Haimen Base and equipped with a dual fuel low-speed propulsion system, with outstanding environmental performance. The construction of LNG transport ships is extremely difficult and is a high-end benchmark ship in the shipbuilding industry. With the delivery of this ship, China now has five shipyards capable of building liquefied natural gas transport ships, and its high-end clean energy shipbuilding capabilities have entered the world's leading echelon.Editor/Gong Ziwei