[We will invest more than 1 trillion yuan in water conservancy by 2022] On Nov 16, the Ministry of Water Resources held a press conference on the progress and achievements of water conservancy infrastructure construction from January to October 2022. Liu Weiping, vice minister of Water resources, said that from January to October, China invested 1100.6 billion yuan in water conservancy construction, up 53 percent year on year. China's investment in water conservancy projects reached 921.1 billion yuan, up 63.3 percent year on year. Editor/Xu Shengpeng
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  • 2025.12.25 17:06
  • [Major progress in the construction of multi million ton coal chemical project facilities]
  • The 10 million ton coal chemical project with a total investment of 62 billion yuan has made critical progress, and the construction of core production equipment has made a breakthrough, officially entering the stage of equipment installation and tackling difficulties. The project focuses on the clean and efficient utilization of coal based on its quality, anchoring towards high-end and low-carbon directions. It lays out core facilities such as coal pyrolysis and methanol to olefin production, and can produce more than 30 high value-added products annually, including polyolefins, degradable plastics, battery electrolytes, etc. As a benchmark project for energy transformation, it adopts low-carbon technologies such as electrolytic water for hydrogen production and solid waste recycling. After full operation, it will convert over 10 million tons of coal annually, with an estimated annual sales revenue of 20.7 billion yuan.Editor/Bian Wenjun
  • 2025.12.25 17:05
  • [Vietnam launches 2000MW offshore wind power project]
  • the German company PNE AG officially launched a 2000 MW offshore wind power project in Vietnam with an investment of 32.7 billion yuan,As a heavyweight layout in the Southeast Asian offshore wind power market, this project aligns with Vietnam's goal of installing 6GW offshore wind power by 2030 and injects new vitality into the third largest offshore wind power market in the Asia Pacific region. Its launch will not only promote the green transformation of Vietnam's energy structure, but also drive the demand for regional offshore wind power equipment, providing key support for accelerating the energy transformation and upgrading the supply chain in Southeast Asia.Editor/Bian Wenjun
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