[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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• 2026.11.12 10:30
• [China's crude oil imports decrease by 15.1% in the first 10 months of 2026]
• In the first 10 months of 2026, the total import and export value of China's goods trade was RMB 44.81 trillion, a year-on-year increase of 20%. Among them, exports amounted to 25.99 trillion yuan, an increase of 17.6%; Imports amounted to 1.882 trillion yuan, an increase of 23.6%. From the perspective of key commodities, in terms of imports, China imported 8.17 trillion yuan worth of mechanical and electrical products in the first 10 months, an increase of 35%; 400 million tons of crude oil, a decrease of 15.1%; Agricultural products amounted to 1.29 trillion yuan, an increase of 4.6%. Editor/Cheng Liting

• 2026.11.12 10:29
• [Pure electric solar powered unmanned aerial vehicle makes its maiden flight and lands]
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