[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
Click to see more live >>
Latest
  • 2026.10.09 10:28
  • [All New Platforms Installed at CNOOC Yinggehai Ledong Gas Field]
  • Recently, the second newly built platform of CNOOC Ledong 22-1 gas field comprehensive adjustment project has completed offshore installation, and all platforms are in place. As the first offshore marginal gas field group secondary development project in China, the project relies on the coordinated exploitation of new and old facilities, and will ensure the energy supply of Hainan Free Trade Port after production. Editor/Min Jing
  • 2026.10.09 10:27
  • [CR25G Completes 90% of Continuous Beams for Qingdao Rail Link]
  • On October 6, 2026, the double beams of the Xifenghe Extra Large Bridge on the Weisu High speed Railway to Qingdao Connection Line, which CR25G participated in, were successfully closed, and the continuous beam construction of the entire line exceeded 90%. The construction conditions of the project are complex, and multiple digital technologies are used to ensure the quality of the project. After completion, it will help connect the Jiaodong Peninsula to the outside world. Editor/Min Jing
Share

Retrieve password

Get verification code
Sure