[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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  • 2026.06.12 11:59
  • [Drilling of the first well in the second phase of the Bohai large-scale gas field]
  • On June 9, 2026, the first well G10 on the WHPG pilot platform of the Bohai Bay's first 100 billion cubic meter gas field - Bozhong 19-6 gas field Phase II development project - was successfully drilled, marking the full start of the drilling engineering for the gas field Phase II development project. The gas field is located in the central Bohai Sea, with an average depth of about 20 meters. Currently, the proven geological reserves of natural gas exceed 200 billion cubic meters, and the geological reserves of condensate oil exceed 200 million cubic meters. The Phase I development project of the gas field will be put into operation in November 2023, and the Phase II development project will build three wellhead platforms and three pipeline racks.Editor/Gong Ziwei
  • 2026.06.12 11:53
  • [Shaanxi exported 7.4 billion yuan of solar cells in the first five months]
  • In the first five months of 2026, the total import and export value of Shaanxi Province was 371.32 billion yuan, ranking twelfth in the country, with a year-on-year growth rate of 83.6%, ranking first in the country in terms of growth rate. The export growth of integrated circuits, automatic data processing equipment, and their components is strong. The export of electromechanical products reached 267.83 billion yuan, a year-on-year increase of 120%. Mainly including integrated circuit exports of 154.68 billion yuan, a year-on-year increase of 201.5%; The export of automatic data processing equipment and its components reached 53.13 billion yuan, a year-on-year increase of 339.4%; Automobile (including chassis) exports amounted to 23.91 billion yuan; The export of solar cells reached 7.4 billion yuan, a year-on-year increase of 36.1%; Lithium battery exports amounted to 2.55 billion yuan, a year-on-year increase of 125.2%.Editor/Gong Ziwei
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