[Huaneng Hydropower: plans to invest in Xizang Hydropower project] On May 30, 2023, Huaneng Hydropower held the 16th meeting of the third Board of Directors, deliberating and passing the Motion on the investment and construction of hydropower Station Project in Tibet, which intends to invest and construct hydropower station project in Tibet (hereinafter referred to as the project). The project was approved by the National Development and Reform Commission in April 2023. At present, the project technology is feasible, all conditions have been basically implemented, the project risk is controllable, and the project investment and construction conditions have been met. It is reported that the installed capacity of this project is 2.6 million kW, the annual average power generation is 11.281 billion KWH, the total construction time is 132 months (excluding the preparation period), calculated according to the price level in the third quarter of 2022, the total investment of the project is 58.381 billion yuan. Huaneng Hydropower said that this project investment is an important hub for the company to build a clean energy base in the Xizang section of Lancang River, and plays a significant role in giving full play to the advantages of cascade joint operation in the Lancang River basin, improving the utilization rate of cascade water energy and comprehensive power generation benefits. The economic indicators of the project construction are feasible, and the subsequent cooperation with other power supplies delivered to the clean energy base in Xizang section of the upper reaches of Lancang River is conducive to improving the company's core competitiveness in the market. Editor/Xu Shengpeng

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• 2024.09.06 16:57
• [China and Africa work together to activate the Tanzania-Zambia Railway]
• On the morning of September 4, 2024, President Xi witnessed the signing of the Memorandum of Understanding on the Tanzania-Zambia Railway Activation Project with Tanzanian President Hassan and Zambian President Hichilema at the Great Hall of the People in Beijing. This important event marks the official launch of the market-oriented activation cooperation of the Tanzania-Zambia Railway, which has far-reaching historical and practical significance. The construction of the Tanzania-Zambia Railway was once a symbol of China-Africa friendship, and its construction not only promoted the economic independence of African countries, but also witnessed the profound friendship between the Chinese and African people. The signing of the MoU aims to further support African countries in enhancing their capacity for independent development and promoting the process of African integration. Editor/Jiang Mingyue

• 2024.09.06 16:55
• [President Xi meets with President Hassan of Tanzania]
• On the morning of September 4, 2024, President Xi Jinping met with Tanzanian President Hassan at the Great Hall of the People in Beijing, which coincided with the Tanzanian President's visit to China to attend the Beijing Summit of the Forum on China-Africa Cooperation. The President reviewed the 60th anniversary of the establishment of diplomatic relations between China and Tanzania, emphasizing the deep foundation of friendship between the two countries and the prospects for future cooperation. The two sides had an in-depth exchange of views on issues such as the exchange of experience in governance, political mutual trust and practical cooperation, and reached consensus. China expressed its willingness to deepen cooperation with Tanzania under the Belt and Road Initiative, promote the activation of the Tanzania-Zambia Railway, and improve the rail-sea intermodal transport network in East Africa. Tanzanian President Hassan highly appreciates China's willingness to cooperate and looks forward to further promoting Africa-China friendship and cooperation through this summit and promoting Africa's industrialization and agricultural modernization. The two sides also signed a number of cooperation documents, marking a new stage in the cooperation between the two countries. Editor/Jiang Mingyue