[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 November 5, 2026, Unit 1 of Qinghai Huadian Golmud Phase I Thermal Power Project, the highest altitude ultra supercritical thermal power project in China, successfully completed a 168 hour trial operation and officially entered commercial operation. The project is located in Golmud City, Haixi Prefecture, Qinghai Province, with an average altitude of about 2850 meters. It will construct two 660MW ultra supercritical indirect air-cooled condensing thermal power units. Editor/Cheng Liting
Maersk announced its third quarter financial report for 2026 on November 5th, with revenue of $18.1 billion, a year-on-year increase of 27%; The profit before interest, tax, depreciation, and amortization was $4.7 billion, and the profit before interest, tax, depreciation, and amortization was $3.3 billion, both higher than the same period last year and the second quarter of this year. Maersk stated that, against the backdrop of maintaining trade resilience and limited capacity due to congestion, the company has achieved revenue growth and significant profit growth by leveraging its strong execution capabilities in business and operations while helping customers cope with ongoing supply chain challenges. Editor/Cheng Liting