[Start up construction of Zhejiang Yongjia Pumped Storage Power Station] Recently, the Yongjia Pumped Storage Power Station Project in Wenzhou City, Zhejiang Province was approved by the Provincial Development and Reform Commission and the commencement ceremony was held. It is jointly developed and constructed by China Power Construction Group. The upper reservoir is located in Nancheng Street, and the lower reservoir is located in Qiaoxia Town. The natural drop of the upper and lower reservoirs is about 577 meters, with a total installed capacity of 1.2 million kilowatts and a total investment of 7.985 billion. Editor/Zhao E

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• 2026.08.28 11:26
• [Shanghai Chengdu Expressway Reconstruction and Expansion Project]
• On August 25, 2026, the first pile of the reconstruction and expansion project of the Xinji Dongxihu section of the Shanghai Chengdu Expressway was poured, and the concrete construction of this major transportation project in Hubei Province during the 14th Five Year Plan period was fully launched. As the intersection link of the Shanghai Chengdu and Fuyin national highways, the project will alleviate the traffic pressure on the northwest section of the Wuhan Ring Expressway. Editor/Cheng Liting

• 2026.08.28 11:25
• [The prosperity of semiconductor equipment is on the rise]
• The semiconductor equipment sector of A-shares strengthened in the short term during trading, with silicon power stocks rising by over 10%, and multiple targets synchronously rising. In the first quarter of 2026, global semiconductor equipment sales reached a historic high of 36.55 billion US dollars. Domestic wafer production lines continued to expand, coupled with the improvement of the industry standard system. Domestic equipment in multiple process links was imported in bulk, and upstream precision components and advanced packaging and testing industries were simultaneously driven by demand. Editor/Cheng Liting