[Liaoning transportation key investment will reach 53 billion yuan]According to the Liaoning Provincial Department of Transport, in order to implement the requirements of Liaoning three-year action deployment, Liaoning will promote the implementation of 72 key transportation projects worth more than RMB 100 million in 2023, with an investment of RMB 53 billion, up 15.3% year-on-year. In order to accelerate the resumption of key projects and promote the increase of physical workload and investment, Liaoning focused on solving prominent problems concerned by market entities, and launched ten work measures, including serving the special management of state-owned enterprises, booking services for large-scale transportation, managers of road-related construction projects, cross-provincial handling of high-frequency matters, and high-speed cloud loans for small and micro enterprises, to promote the healthy and sustainable development of market entities. In order to do a good job in bulk transportation reservation service, Liaoning government departments actively docking with more than 50 large manufacturing enterprises such as Shenyang Aircraft Manufacturing Co., LTD., Sany Heavy Industry Co., LTD., take the initiative to provide door-to-door service, establish windoon-to-door cooperation relationship between government and enterprise for administrative examination and approval, and provide them with reservation system examination and approval service according to the production plan of enterprises. Since 2023, 19,561 large transportation approvals have been handled. With a year-on-year growth of 11%, the average time for cross-provincial approval of three types of major projects was reduced from 15 days to 2.8 days, ranking first in the country. Editor/Xu Shengpeng
Recently, the China Development Bank signed a financing agreement for the Kazakhstan ethane propane pipeline project in Beijing, providing a loan of 2.89 billion yuan to implement the cooperation results of the China Asia Summit and support the full industry chain cooperation of oil and gas between China and Kazakhstan. The project is the first liquid ethane propane long-distance pipeline in Kazakhstan. The general contracting was finalized in November 2025, and construction began in October of this year. It is expected to be put into operation by the end of 2028. The construction phase is expected to create about 1300 local job opportunities and also drive domestic equipment engineering services to go global.Editor/Li Xiaohua
On November 10, 2026, the first tower of the Zhejiang ultra-high voltage AC ring network project was completed in Shangyu, Shaoxing, and the project officially entered the tower assembly stage, helping to promote clean energy consumption and power grid supply in East China. This project is a key power engineering project during the 15th Five Year Plan period, with a total investment of 29.3 billion yuan. It is planned to be put into operation in November 2029 and will create the first provincial high-voltage AC ring network in China. The project can consume over 57 billion kilowatt hours of clean energy annually, effectively reducing carbon emissions and improving the power supply guarantee level in the Yangtze River Delta.Editor/Li Xiaohua