[In Tangshan, Hebei province, 352 projects were started]On the morning of June 5, 2023, Tangshan City held the activity of concentrated construction of key projects in the second quarter of 2023. 352 projects began concentrated construction, with a total investment of 154.77 billion yuan and an annual planned investment of 48.24 billion yuan. Among them, 58 provincial and municipal key projects, with a total investment of 64.34 billion yuan, annual planned investment of 17.39 billion yuan; There were 294 other projects with a total investment of 90.43 billion yuan and an annual planned investment of 30.85 billion yuan. Among the projects started this time, 108 projects in strategic emerging industries, 54 in the modern service sector, 119 in the transformation and upgrading of traditional industries, 26 in infrastructure, 18 in agricultural industrialization and 27 in other areas to strengthen areas of weakness in people's livelihood. Editor/Xue Ma
Yondr Group, a global developer of ultra large scale data centers, has completed two new financing rounds, consisting of a global letter of credit instrument and a European holding company financing instrument, respectively used to lock in power capacity for European and American projects and reduce leverage on European platforms. The current power generation has become a core bottleneck in data center development, and the surge in demand for AI and cloud computing has intensified this competition. The two financing rounds were participated by multiple institutions such as French Foreign Trade Bank, BNP Paribas, and IFM Investors, providing capital ammunition for Yondr's continued expansion. Editor/Cheng Liting
Hong Kong Chief Executive Carrie Lam led 40 business leaders and 30 representatives of mainland enterprises to visit Kazakhstan, marking the first visit of the Chief Executive to Central Asia and receiving a high-level reception from President Tokayev. The two sides signed seven cross disciplinary agreements covering fields such as science and technology innovation, finance, and information technology, connecting the cooperation channel between the Hong Kong Stock Exchange and Astana International Financial Center. As the first place of the the Belt and Road and the largest trading partner of Hong Kong in Central Asia, Kazakhstan is accelerating its industrial transformation. Editor/Cheng Liting