[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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  • 2026.04.24 16:18
  • [Fuzhou Port Luoyuan Bay berth project approved]
  • On April 20, 2026, the construction of berths 7-10 in the Bi Li operation area of Luoyuan Bay in Fuzhou Port was approved by the Provincial Development and Reform Commission, with a total investment of 1.823 billion yuan. The project is constructed by Fujian Luochuan Port Co., Ltd., which is controlled by Fuzhou Port Group. It will build two 50000 ton general berths with a designed annual throughput capacity of 8.61 million tons. The dock structure is reserved for the 70000 ton class and can accommodate multiple ship types for combined berthing. Editor/Cheng Liting
  • 2026.04.24 16:17
  • [Ningbo Zhoushan Port completes ship to ship bonded green methanol refueling]
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