[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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  • 2026.05.22 14:18
  • [The Hubei section of the Xi'an Shiyan high-speed railway has started operational testing]
  • On May 22, 2026, the Hubei section of the West Tenth High Speed Railway officially entered the operational testing phase. The total length of the line is 256.938 kilometers, with a designed speed of 350 kilometers per hour. It has 7 stations and crosses the Qinling Mountains to connect Xi'an and Shiyan. After opening, it will be connected to the Han Shi High speed Railway, with a travel time of about 1 hour from Shiyan to Xi'an and 3 hours from Wuhan to Xi'an. Wuhan, Zhengzhou, and Xi'an will form a high-speed railway triangle loop. Editor/Cheng Liting
  • 2026.05.22 14:17
  • [Ningxia adds 4000 tons of waste battery recycling project]
  • Recently, the Ningxia Government Service Network released a notice on the Environmental Impact Assessment of the Lithium Battery Dismantling and Tiered Utilization Project of Ningxia Zhongmi Technology Co., Ltd. The Yinchuan Approval Service Management Bureau has made an approval decision on the environmental impact assessment of the construction project. The project is located in Suyin Industrial Park, Yinchuan. Two power lithium battery recycling production lines will be built using vacant factories, with an annual processing capacity of 4000 tons of waste lithium batteries. The main products are aluminum powder, copper powder, and black powder. The total investment of the project is 51 million yuan, of which the environmental protection investment is 1.055 million yuan, accounting for 2.07% of the total investment, including the prevention and control of waste gas, noise, solid waste, and wastewater. Editor/Cheng Liting
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