[Infrastructure investment up 9% y/y in first two months of 2023] Under the continuous efforts of the steady growth policy, the rapid growth of infrastructure investment during the year has driven the recovery of market demand in construction-related industries such as architectural decoration and building materials. According to data from the National Bureau of Statistics, from January to February 2023, the national fixed asset investment (excluding rural households) was 5,357.7 billion yuan, a year-on-year increase of 5.5%. In terms of sectors, infrastructure investment increased by 9% year-on-year, and manufacturing investment increased by 8.1%. Recently, most major projects across the country have started intensively, thereby boosting the demand of the cement industry. According to the data, as of February 12, many places in China have released a list of major project investments in 2023, and the total investment has reached 21.5 trillion yuan. According to the survey data of 250 cement production enterprises across the country, from March 8 to March 14, the output of cement enterprises was 5.63 million tons, a week-on-week increase of 6%. In this regard, Wang Qing, the chief macro analyst of Dongfang Jincheng, said that the year-on-year growth rate of infrastructure investment in the first two months continued to maintain a high growth state, mainly because the current economic recovery is in the early stage, and the policy continues to maintain a strong steady growth. Various policy tools such as domestic funds, special bonds, and the PPP model continued to exert force, and the continued construction of new projects started last year led to a large-scale inflow of bank loans, supporting the rapid growth of infrastructure investment. Editor/Xu Shengpeng

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• 2024.04.25 16:49
• [200MW/400MW energy storage project signed with Anhui Zongyang]
• On the morning of April 23, the People's Government of Zongyang County in Anhui Province and Anhui Deyi Energy Technology Co., Ltd. held a signing ceremony for a new energy storage demonstration project in Zongyang County. It is understood that the project is one of 50 new energy storage projects in the province established by the Anhui Provincial Energy Bureau. The project is located in Hengbu Town, Zongyang County, with a total investment of 650 million yuan, using lithium iron phosphate lithium-ion batteries, the overall construction scale of energy storage power station is 200MW/400MWh. The project construction period is 2 years, and the grid connection will be completed in 2025. Editor/Xu Shengpeng

• 2024.04.25 16:49
• [Anhui Province "wind power to the countryside" red head document issued!]
• Recently, the Anhui Provincial Development and Reform Commission, the Anhui Provincial Energy Bureau, and the Anhui Provincial Department of Agriculture and Rural Affairs jointly issued the "Notice on printing and distributing the overall plan for the Rural Revitalization Project of Wind Power in Anhui Province", which clearly stated that the collective economic organizations of villages with a collective economic operating income of less than 200,000 yuan in 2022 in the province (hereinafter referred to as "low-income villages"). According to the 500 kW standard of each village, the construction scale of rural revitalization wind power projects is configured, and the implementation is unified by the county as a unit. The province plans to implement the installed capacity of rural revitalization wind power projects of about 2 million kilowatts, and strive to be completed and put into operation by the end of 2026, and increase the annual income of each low-income village by 50,000 yuan or more after completion. Editor/Xu Shengpeng