[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
The Pinglu Canal will be completed and open for navigation on September 16, 2026. It is reported that the Pinglu Canal started construction on August 28, 2022, with a total investment of about 72.7 billion yuan and a total length of 134.2 kilometers. It is the first national level coordinated construction of the Tongjiang Dahai Canal project in China since the founding of the People's Republic of China. This canal, which has the highest domestic navigation level, is built according to the Class I standard for inland rivers and can accommodate ships of up to 5000 tons.Editor/Cheng Liting
Shaanxi Coal Industry announced that its coal production in August 2026 was 15.02 million tons, a year-on-year increase of 5.00%; The sales volume of self-produced coal reached 13.49 million tons, a year-on-year increase of 4.58%. The cumulative coal production from January to August 2026 was 120.48 million tons, a year-on-year increase of 4.02%; The cumulative sales of self-produced coal reached 110.51 million tons, a year-on-year increase of 3.51%.Editor/Cheng Liting