[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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  • 2026.07.15 16:42
  • [EU approves France's € 63 billion offshore wind power aid plan]
  • On July 13th, the European Commission officially approved France's 63 billion euro national aid plan to support 11 offshore wind farm projects with a total installed capacity of 11.1GW and an annual power generation of 47.8 billion kilowatt hours, accounting for 10.6% of France's annual electricity consumption. The implementation period of the plan is 25 years, using a two-way price difference contract mechanism to stabilize electricity price fluctuations, and allocating assistance qualifications through bidding. This plan is formulated based on the Clean Industry Agreement National Assistance Framework, and is being promoted simultaneously in the three major sea areas of the North Sea, Atlantic, and Mediterranean. Three of the wind farms will replace the support arrangements prior to August 2025. Editor/Cheng Liting
  • 2026.07.15 16:42
  • [Super Intelligent Computing 2606P Computing Center settles in Pingxiang, Guangxi]
  • The Development and Reform Commission of Chongzuo City, Guangxi Province has agreed in principle to the energy-saving report for the first phase of the Super Intelligent Computing (Chongzuo) artificial intelligence computing power base project. The project is located in Pingxiang Industrial Park, Guangxi, renting factory buildings to build a computing power center. The total investment has not been disclosed, and the plan is to start construction in August 2026 and put into operation in December 2027. Set up 148 16kW cabinets, with a total power of 2606PFlops and a PUE not exceeding 1.1972. The annual power consumption is 19.8678 million kilowatt hours, and we promise to purchase 100% green electricity. The annual comprehensive energy consumption is 2461.41 tons of standard coal, and the carbon dioxide emissions are 42.43 tons. Editor/Cheng Liting
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