[Winning the bid for the urban renewal project in Yuhuan City, Zhejiang Province] On June 2, 2023, the Zhejiang Government Procurement Network released a bidding and winning announcement for the Yuhuan City Organic Renewal Central Business District Project. The project was won by a consortium of 8 units, including China Railway Construction Investment Group and China Railway Construction Investment Fund Management Co., Ltd., with a total investment of 7.438 billion yuan. The project covers an area of approximately 882.01 hectares, ranging from Jingba Road in the east to Waihuan West Road in the west, Wei Er Road in the north, Guangling South Road to Chezhan South Road to Liudao Avenue in the south, as well as the Yuhuan City Quality Improvement Base and Urban Balcony Block. The cooperation content includes: overall planning and services for project development; Investment in the development and consolidation of project land; Investment and construction of infrastructure and public service facilities; Investment and construction of resettlement housing; Smart city construction and urban operation, etc. The actual cooperation content of this project is subject to the preliminary design documents reviewed or filed for each sub project. The cooperation period of this project is 15 years, including a construction period of 5 years and an operation period of 10 years. Editor/Zhao E

Click to see more live >>

• 2026.11.09 11:00
• [China's largest single power flywheel energy storage project put into operation]
• On November 6, 2026, China's largest single-power flywheel energy storage project was connected to the grid at Huaneng Lanzhou Thermal Power Company, marking an important breakthrough in China's rapid frequency regulation technology for flywheel energy storage in thermal power bases. The 5 MW flywheel put into operation this time is currently the largest single-power flywheel in China. Its adjustment rate can reach 5 MW/s, its power storage can reach 1,250 kWh, its charge and discharge efficiency can reach over 85%, and its cycle life can reach tens of millions of times.Editor/Gong Ziwei

• 2026.11.09 10:09
• [By 2030, China's charging infrastructure will exceed 40 million]
• At the press conference of the "15th Five Year Plan" series held on November 6, 2026, it was learned that by 2030, the proportion of electricity in China's terminal energy consumption will increase to about 35%. In the field of transportation, the National Energy Administration will promote the construction of high-quality charging and swapping infrastructure layout, and build a charging infrastructure network with urban surface, highway line, and rural point layout. By 2030, the number of charging infrastructure will exceed 40 million, forming a charging service capacity that supports more than 110 million electric vehicles.Editor/Gong Ziwei