[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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• 2026.07.16 16:11
• [The first deep-sea intelligent submarine cable ship is put into operation]
• On July 15, 2026, the first deep-sea and intelligent submarine cable construction ship "Tianyi Navigator" designed and built by China was officially listed in Shanghai. The captain is 116 meters long, with a full load displacement of 18000 tons. The cable hold can carry 8000 tons of submarine optical cables, ranking first in the world. Equipped with 5.5-meter submarine cable burial equipment, it can operate at depths of up to 1000 meters, breaking the domestic depth record. Integrating Beidou and GPS dual-mode positioning, equipped with an intelligent dynamic positioning system, stable operation can still be achieved under level 5 sea conditions. The ship will be involved in the construction of submarine cables between global computing hubs, supporting AI computing scheduling and deployment of underwater data centers, and becoming an important equipment support for China's computing infrastructure.Editor/Cheng Liting

• 2026.07.16 14:55
• [Petrochemical Machinery Hydrogen Energy Innovation Park starts construction]
• On July 15, 2026, the Shuzhi Hydrogen Energy Machinery Innovation Park started construction in Dongxihu District, Wuhan, with an expansion of 120 acres. The total investment has not been disclosed, and the plan is to form an annual production capacity of 100 sets of hydrogen compressor sleds, 1GW PEM electrolysis cells, and 1.75GW ALK electrolysis cells for assembly and testing. The previous 55 acres of the park have been put into use as a data intelligence service center and a hydrogen production and refueling equipment quality inspection center. The new park covers the entire chain of research and development, intelligent manufacturing, and testing, deeply integrating AI and digital twin technologies. This move marks the official launch of the construction of China Petrochemical's hydrogen energy equipment industry cluster. Editor/Cheng Liting