[Yuewang Expressway Jinlong Interchange Project Started]On May 28, 2023, the start of construction of Yuewang Expressway Jinlong Interchange, Xiangjiang North Road Xiangwang Connection Line and the launching ceremony of infrastructure supporting projects in Hunan Xiangjiang New Area Jinlong Pilot Area were held in Xiangyin District of Hunan Xiangjiang New Area. At that time, the main urban area of Changsha and Xiangyin will achieve a 15-minute commute and a 29-kilometer expressway. The line is about 10 kilometers away from Xiangyin South Interchange and about 5 kilometers away from Changsha Wangcheng Tea Pavilion Interchange. It is expected to be completed by the end of 2024. Edit/Ma Xue
On February 5th, the 500 kV substation in Rushan, Shandong was officially completed and put into operation, which will strongly support the large-scale grid connection and efficient consumption of new energy such as wind power and photovoltaics in the Jiaodong Peninsula. This project is the first 500 kV substation to be put into operation during the 15th Five Year Plan period of Shandong Power Grid. Its operation further improves the backbone network of Shandong Power Grid, enhances regional power supply reliability and clean energy transmission capacity.Editor/Yang Meiling
On February 5th, the China Machinery Industry Federation released data showing that the added value of enterprises above designated size in the machinery industry will increase by 8.2% year-on-year in 2025, with a growth rate higher than that of the national industrial and manufacturing industries. The annual automobile production and sales have remained the world's top for 17 consecutive years, with industrial robot production increasing by 28% to 773000 sets. The industry's revenue has exceeded 33 trillion yuan, with a total profit of 1.7 trillion yuan. By the end of 2025, the number of specialized, refined, and new enterprises in the mechanical industry will account for over 30% of the national total. It is expected that the industry will maintain stable operation in 2026, with a main indicator growth rate of about 5.5%.Editor/Yang Meiling