[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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• 2026.03.25 15:13
• [Construction machinery exports surge 33.4% at the beginning of 2026]
• In the first two months of 2026, the export of construction machinery reached US $10.69 billion, a sharp increase of 33.4%. Latin America and Africa became new engines of growth, and the the Belt and Road contributed significantly. Growth momentum switching: Electric loaders surged 112.7%, with high value-added products leading the way. Enterprises upgrade from selling products to building ecosystems: Zoomlion Hungary factory is established, and Shantui Co., Ltd. is deeply cultivating regional differentiation. More importantly, the industry is shifting from exporting individual products to collaborating with the entire industry chain to go global. By building deep barriers through localized factories and supporting services, China's construction machinery is accelerating towards a new stage of global manufacturing. Editor/Cheng Liting

• 2026.03.25 11:42
• [Henan Luhun Irrigation District Renovation Project Approved]
• Recently, the Development and Reform Commission of Henan Province approved the feasibility study report of the modernization renovation project of Luhun Irrigation District in Henan Province, which benefits 7 counties (cities, districts) in Luoyang, Pingdingshan, and Zhengzhou. This place experiences nine droughts in ten years, making it difficult to irrigate with water. The total construction period of the renovation project is 36 months, which will upgrade the channels and water pipelines, build and renovate 24 new channels (pipes) and 214 buildings, improve the level of informatization, and improve the irrigation area after completion. Editor/Cheng Liting