[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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  • 2026.07.27 17:12
  • [Two major projects in Henan Province have announced the candidates for winning bids]
  • Two major projects in Henan Province have announced their bidding candidates, and the second round of bidding for the 200MW independent energy storage power station in Junxian County has been shortlisted by three consortia. The consortium of China Energy Engineering Xinjiang Institute has quoted nearly 800 million yuan, ranking first; The 6 billion yuan Aotou bauxite mining project in Ruzhou has been awarded multiple sections, with China Railway and China Construction Group, as well as several central and local construction enterprises, winning first place in each section. The mining area has a reserve of 5 to 6 million tons and covers an area of 6.03 square kilometers.Editor/Gong Ziwei
  • 2026.07.27 17:10
  • [Chinese made air taxis land in Kazakhstan]
  • On July 24, 2026, Shanghai Fengfei Aviation's self-developed large electric vertical takeoff and landing aircraft completed its maiden flight in Astana, Kazakhstan, as a supporting event for the 3rd Future Games. The unmanned demonstration flight had a maximum speed and range of 200 kilometers per hour. Kazakhstan has introduced regulations related to low altitude economy to regulate the development of eVTOL industry. The company plans to expand its logistics, rescue, cultural tourism and other applications in Central Asia by using Kazakhstan as its first stop. The aircraft will also be publicly exhibited on July 29-30, 2026.Editor/Gong Ziwei
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