[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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• 2026.06.05 15:25
• [The main project of Hubei Songzi Pumped Storage Power Station has started construction]
• Recently, the main project of Hubei Songzi Pumped Storage Power Station, which China Energy Engineering Gezhouba Group participated in, started construction. The power station is located in Songzi City, Jingzhou, with a total installed capacity of 1200 megawatts, and belongs to the first-class large (1) type project. Gezhouba Group undertakes the construction of the upper reservoir and the installation of metal structures, with a contract amount of 712 million yuan and a construction period of 48.5 months. After the completion of the power station, it will undertake tasks such as peak shaving, valley filling, energy storage, and frequency regulation, which is of great significance for ensuring the safety of the power grid and supporting the consumption of new energy.Editor/Cheng Liting

• 2026.06.05 15:24
• [Guangzhou Eastern Central Energy Storage Power Station starts construction]
• On June 1, 2026, the Guangzhou Eastern Center Intelligent Fusion New Energy Storage Industry Demonstration Project invested and constructed by Zengtou Energy Company, a subsidiary of Zengcheng Urban Investment Group, officially started construction. The total investment of the project is nearly 467 million yuan, and a new 150MW/300MWh electrochemical independent energy storage power station will be built. It will adopt lithium iron phosphate battery technology and be connected to the power grid at 110kV, with the functions of peak shaving, frequency regulation, and promoting the consumption of new energy. The project is supported by a comprehensive operation and maintenance building, an electrical building, and auxiliary facilities such as fire protection, and is promoted through an integrated construction and operation model.Editor/Cheng Liting