[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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  • 2026.07.03 15:44
  • [Jianglong Ship's high-end marine three purpose work vessel starts construction]
  • On June 30, 2026, the construction of two SPA65 AHTS multi-purpose workboats by Jianglong Shipbuilding officially began. This type of ship is suitable for complex sea operations worldwide, with a total length of 64 meters. It is equipped with the DP-2 dynamic positioning system and integrates functions such as anchoring, towing, material supply, and maritime rescue. Editor/Cheng Liting
  • 2026.07.03 15:43
  • [The entire Yia Railway has started construction]
  • On June 30, 2026, the entire Yining Aksu railway officially started construction, and this national key project entered the comprehensive construction stage. The total length of the line is about 798 kilometers, with a newly built main line of 460 kilometers. It is a single track electrified mixed passenger and freight railway with a designed speed of 160 kilometers per hour. It is planned to be completed and opened to traffic in December 2032. Previously, traveling from Yining to Aksu required detours around Urumqi and Turpan, covering a total distance of 1616 kilometers and taking about 16 hours. After the completion of the project, the distance will be shortened to 800 kilometers and the travel time will be reduced to about 8 hours. Editor/Cheng Liting
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