[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
On May 10, 2026, China's first intelligent production line for deepwater oil and gas equipment process pipelines was completed at the Zhuhai Deepwater Equipment Manufacturing Base of CNOOC Engineering and entered the commissioning stage. The innovative application of China's first fusion technology in this production line is of great significance for promoting the intelligent manufacturing of deepwater marine oil and gas equipment in China.Editor/Gong Ziwei
On May 9, 2026, a press conference was held to launch the 15th Five Year Plan for Xinjiang. It was revealed that during the 15th Five Year Plan period, Xinjiang will rely on its advantages in green electricity to promote industrial transformation and upgrading: undertake the transfer of industries from outside Xinjiang, expand the advantages of equipment such as power transmission and transformation, and new energy, cultivate the manufacturing industry chain of new energy storage and other characteristic equipment, and focus on fields such as artificial intelligence to build a future industrial layout with complementary characteristics.Editor/Gong Ziwei