[Infrastructure investment accelerated in many places] Infrastructure investment has picked up sharply recently, as evidenced by data released from a number of places. On the basis of major projects started in earnest in the first four months, new projects are being laid out in some localities. In addition, the large-scale construction of new infrastructure in 2023 will help accelerate the release of digital dividends. According to experts, there are many reasons for the acceleration of infrastructure investment, including sufficient project reserves, strong policy support such as land use, and a wide range of funding channels. In 2023, the central government will invest 640 billion yuan, an increase of 30 billion yuan over 2022. At the same time, 3.65 trillion yuan of local government special bonds will be allocated in 2023, much of which will be used for infrastructure investment. National Development and Reform Commission spokesperson Meng Wei said recently that the quota of special bonds for local governments to be used for construction projects in 2022 has been fully allocated. By the end of April, about 1.4 trillion yuan of special bonds had been issued in 2023. Editor/Xu Shengpeng

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• 2026.05.09 18:15
• [China builds its largest carbon fiber production line]
• On May 8, 2026, the first phase of Sinopec Shanghai Petrochemical's annual production of 30000 tons of large fiber bundle carbon fiber project was put into operation and qualified products were produced, with performance reaching the international advanced level. The completion of two production lines marks the launch of the 48K large fiber bundle carbon fiber production line, which has the largest single line capacity in China. The project has a high localization rate and a record breaking construction speed, and has also established a green electricity and high-end new material circular industry chain, supporting the high-quality development of the carbon fiber industry.Editor/Gong Ziwei

• 2026.05.09 18:08
• [Chinese Ambassador to Türkiye Jiang Xuebin Attends the Istanbul SAHA Defense Airshow]
• On May 7, 2026, Chinese Ambassador to Türkiye Jiang Xuebin was invited to attend the 2026 Istanbul SAHA Defense and Aerospace Exhibition, visited the booths of several Chinese exhibitors and encouraged them to expand overseas markets. During this period, he met with relevant Turkish institutions and business leaders to have in-depth exchanges on defense cooperation between China and Turkey. The exhibition is held every two years and attracts 1763 exhibitors from over 120 countries. The scale of China's 125 participating enterprises ranks first among all overseas countries.Editor/Gong Ziwei