[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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• 2026.04.10 15:28
• [CPI moderately rises in March 2026, PPI shifts from decline to rise]
• On April 10th, the National Bureau of Statistics released data showing that the CPI in March increased by 1.0% year-on-year, but the growth rate has declined. This is mainly due to the seasonal drop in food and service prices, as well as the decrease in pork, tourism, and other prices. PPI increased by 0.5% year-on-year, marking the first time it has turned upward after 41 months of continuous decline. Driven by the rise in international commodity prices and the improvement of domestic supply and demand, industries such as petroleum and non-ferrous metals saw significant price increases. Editor/Cheng Liting

• 2026.04.10 15:28
• [China's Deepest Sea Wind Power Project Full Capacity Grid Connection]
• On April 7, 2026, the deepest offshore wind power project of Huaneng Shandong Peninsula North L site in China was fully connected to the grid. The project is located in the Muping sea area of Yantai, with a water depth of 52-56 meters. It is equipped with 42 12 MW wind turbines and uses the highest four pile pipeline foundation in China. The annual power generation is 1.638 billion kilowatt hours. Yantai Power Supply Company ensures grid connection through the "Clear Wind and Warm Sun" service. The project has promoted the installed capacity of new energy in Yantai to reach 16.66 million kilowatts, ranking first in the province and assisting in the green and low-carbon transformation.Editor/Cheng Liting