[Yunnan Pingbian pumed storage Power Station project was signed]On November 30, the People's Government of Pingbian County of Yunnan Province signed an investment and development agreement with PowerChina Kunming Survey, Design and Research Institute Co., LTD., for the Pingbian pumped storage power station project in Yunnan Province. The project is initially located near Dappingzi Natural Village, Meibunlong Village Committee, Heping Town, Pingbian County. The initial proposed installed capacity is 2.4 million kW, the static investment of the project is about 12.5 billion yuan, and the total construction period is about 72 months. Editor/Xu Shengpeng
On December 25, 2025, the Chongqing Guizhou and Hunan Guizhou Power Flexible Mutual Aid Project officially started construction, marking a crucial step for Guizhou in building a power hub in the southwest region. The dynamic investment for both projects is about 4.95 billion yuan, with a total of about 210 kilometers of new construction in the Guizhou section. After the completion of the project, an additional 3 million kilowatts of inter provincial bidirectional power transmission capacity will be added, effectively promoting deep complementarity between Guizhou, Chongqing, and Hunan in seasonal electricity, surplus electricity adjustment, and emergency support. This not only strengthens the interconnection between the two major systems of State Grid and Southern Power Grid, improves the efficiency of cross provincial optimization of energy resource allocation, provides solid physical support for building a unified national electricity market, but also provides stronger guarantees for the economic and social development and people's electricity demand in the three provinces (cities). Editor/Cheng Liting
On December 29, 2025, the construction of the GCL Digital Finance Center began in the Dayuwan area of Kunshan High tech Zone. As the core engine of Kunshan's "Science and Technology Innovation Corridor", the project has a total investment of about 5 billion yuan and a total construction area of about 340000 square meters. The project is positioned as an "ecological+livable+innovative" urban science and technology innovation reception hall, which will integrate four major business formats: scientific research office, trendy commerce, top hotels, and urban supporting facilities. It is expected to have an annual output value of over 10 billion yuan in the future. This marks a crucial step for Kunshan in promoting the deep integration of "industry, city, and people" and laying out a new track for artificial intelligence, injecting new momentum into the high-quality development of the city.Editor/Cheng Liting