[Beijing Construction has signed up with the Gibraltar government]Sir Joe Bossano, Minister of Economic Development of the Government of Gibraltar, recently visited Beijing Construction Engineering Group, where he had discussions with Chang Yongchun, General Manager of Beijing Construction Engineering Group, discussing new prospects for in-depth cooperation between the two sides and discussing new opportunities for the development of the Belt and Road. The two sides signed a memorandum of cooperation on the spot to further upgrade their strategic cooperation. According to the memorandum, Beijing Construction Engineering will continue to be deeply involved in the construction of 9 projects, including the Gibraltar Cruise Passenger Transport Center, the renovation of the old housing Department, and the Jewish Apartment Phase II, with a total contract value of 100 million pounds. Editor/Xue Ma
On May 6, 2026, the 200000 ton high-quality alloy steel casting and forging integrated project jointly built by Yongyang Special Steel and Changxiang Special Steel started construction in Yongnian, Handan. The total investment is 5 billion yuan, covering the entire production line of mold casting, special smelting, forging, etc. The products are directly supplied to the aerospace, military and nuclear power fields. It is expected that the output value will be 50 billion yuan, the profit and tax will be 800 million yuan, and 2000 new jobs will be created within 5 years, adding another heavyweight chip to the high-end new material industry in Handan. Editor/Cheng Liting
On May 5, 2026, President Tokayev met with Zhang Qihai, Chairman of Xinjiang Lihua Group, to focus on the cotton textile industry chain project. Plan 52000 hectares of cotton fields, 196 drip irrigation pump stations, 500 kilometers of pipeline network, and 10 factories, with a first phase investment of 360 million US dollars, creating over 4000 jobs. Tokayev awarded Zhang Qihai the second-class "Friendship" medal of Kazakhstan on the spot, and two processing plants have been put into operation in Turkestan Oblast. Editor/Cheng Liting