[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

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• 2026.05.12 17:53
• [China ASEAN Blue Economy Cooperation Dialogue held in Haikou]
• On May 10, 2026, the China ASEAN Blue Economy Cooperation Dialogue was held in Haikou. Chi Fulin, President of the China Hainan Reform and Development Research Institute and the Hainan Free Trade Port Research Institute, stated that the Hainan Free Trade Port is located at the regional center, backed by a super large domestic market in China, adjacent to Southeast Asia, and combined with a special regional system of customs supervision that includes first line liberalization, second line management, and domestic freedom, it has the conditions to play an important role in maintaining regional energy security and alleviating regional energy crises. Chi Fulin suggested that Hainan should build a service guarantee base for China ASEAN energy security, serving the common needs of China ASEAN energy security.Editor/Gong Ziwei

• 2026.05.12 17:49
• [Hualong Unit 1 in the Greater Bay Area starts construction]
• On May 10, 2026, the first Hualong 1 nuclear power project in the Guangdong Hong Kong Macao Greater Bay Area, the nuclear island of Unit 4 of Guangdong Taipingling Nuclear Power Plant of China General Nuclear Power Corporation, began the first concrete pouring. This is another key milestone after the commissioning of Unit 1 and the loading of Unit 2 of the nuclear power project, marking the entry of the Taipingling Nuclear Power Phase II project into the comprehensive construction stage.Editor/Gong Ziwei