17:42 2023.06.05

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

17:22 2023.06.05

In Tangshan, Hebei province, 352 projects were started

On the morning of June 5, 2023, Tangshan City held the activity of concentrated construction of key projects in the second quarter of 2023. 352 projects began concentrated construction, with a total investment of 154.77 billion yuan and an annual planned investment of 48.24 billion yuan. Among them, 58 provincial and municipal key projects, with a total investment of 64.34 billion yuan, annual planned investment of 17.39 billion yuan; There were 294 other projects with a total investment of 90.43 billion yuan and an annual planned investment of 30.85 billion yuan. Among the projects started this time, 108 projects in strategic emerging industries, 54 in the modern service sector, 119 in the transformation and upgrading of traditional industries, 26 in infrastructure, 18 in agricultural industrialization and 27 in other areas to strengthen areas of weakness in people's livelihood. Editor/Xue Ma

17:19 2023.06.05

Shuangjie Electric new energy project construction started

On June 2, 2022, the construction of Shuangjie Electric's new energy project began. Shuangjie Electric new energy project agreement total investment of 2.5 billion yuan, divided into two phases of Shuangjie Electric Group intelligent energy high-end equipment research and development and manufacturing base and 200MW wind energy power project construction. Among them, Shuangjie Electric Group intelligent energy high-end equipment R&D and manufacturing base project with a total investment of 1 billion yuan, covers an area of 100 mu, the construction of photovoltaic convergence box, photovoltaic inverter booster all-in-one, electric vehicle charging and changing station special box transformer, energy storage container system, electric vehicle charging and changing pile assembly general test center, etc. Wind energy power generation project land about 30 mu, will be built wind power station. Editor/Xue Ma

17:18 2023.06.05

The RCEP has come into full force for the 15 signatory countries

On June 2, the Regional Comprehensive Economic Partnership (RCEP) officially entered into force for the Philippines, marking the full entry into force of the RCEP for 10 ASEAN members and 15 signatories including Australia, China, Japan, the Republic of Korea and New Zealand. The full entry into force of the RCEP fully demonstrates the 15 parties' determination and actions to support an open, free, fair, inclusive and rules-based multilateral trading regime. It will inject strong impetus to regional economic integration, enhance trade and investment liberalization and facilitation in East Asia, and contribute to long-term and stable economic development in the region and the world at large. China will continue to promote the high-quality implementation of the RCEP, provide guidance and services for local governments, industries and enterprises to further implement and make good use of the agreement, ensure the continuous release of the benefits of the agreement, and fully leverage the positive role of the RCEP in promoting cooperation on industrial and supply chains, high-level opening-up and high-quality development. At the same time, we will work with other parties to fulfill our obligations under the agreement, strengthen the RCEP mechanism building, improve the overall implementation of the agreement, and provide a strong guarantee for the steady and long-term progress of the RCEP cooperation. Editor/Xu Shengpeng

17:17 2023.06.05

South Africa plans to add 8GW a year to the grid

On June 2, 2023, South Africa's current rollout of solar and wind power to increase the share of solar and wind in the country's energy mix from 7% to 40% by 2030 is the fastest way out of the electricity crisis, according to the South African Presidency's Climate Commission (PCC). It is also the cheapest option to build the energy sector South Africa needs to stick to its global climate commitments. The PCC, which was set up by President Cyril Ramaphosa in 2020 to advise on issues such as a just energy transition, released a set of recommendations on electricity planning in South Africa on June 1. The PCC said South Africa aimed to solve its power crisis by integrating at least 8GW of wind and solar power into the grid annually over the next two to four years. About 2.5GW of new renewable energy projects are now registered with South Africa's national energy regulator. Experience shows that this target is achievable in the first three months of 2023. Ultimately, South Africa will need to add 50 to 60Gw of renewable energy by 2030. Steve Nicholls, head of mitigation issues at the PCC and climate change adviser at the National Business Initiative, said this would take the share of renewables in South Africa's energy mix to about 40 per cent. According to the Council for Scientific and Industrial Research, coal-fired power will account for around 80% of electricity generation by 2022, with renewables (excluding hydropower) accounting for 7%. Editor/Xu Shengpeng

17:17 2023.06.05

Liaoning transportation key investment will reach 53 billion yuan

According to the Liaoning Provincial Department of Transport, in order to implement the requirements of Liaoning three-year action deployment, Liaoning will promote the implementation of 72 key transportation projects worth more than RMB 100 million in 2023, with an investment of RMB 53 billion, up 15.3% year-on-year. In order to accelerate the resumption of key projects and promote the increase of physical workload and investment, Liaoning focused on solving prominent problems concerned by market entities, and launched ten work measures, including serving the special management of state-owned enterprises, booking services for large-scale transportation, managers of road-related construction projects, cross-provincial handling of high-frequency matters, and high-speed cloud loans for small and micro enterprises, to promote the healthy and sustainable development of market entities. In order to do a good job in bulk transportation reservation service, Liaoning government departments actively docking with more than 50 large manufacturing enterprises such as Shenyang Aircraft Manufacturing Co., LTD., Sany Heavy Industry Co., LTD., take the initiative to provide door-to-door service, establish windoon-to-door cooperation relationship between government and enterprise for administrative examination and approval, and provide them with reservation system examination and approval service according to the production plan of enterprises. Since 2023, 19,561 large transportation approvals have been handled. With a year-on-year growth of 11%, the average time for cross-provincial approval of three types of major projects was reduced from 15 days to 2.8 days, ranking first in the country. Editor/Xu Shengpeng

17:16 2023.06.05

Nanchang Anyi in the second quarter of major projects started

On the morning of June 3, 2023, Nanchang City held a major project in the second quarter of 2023, a total of 22 projects in Anyi County were included in the project, with a total investment of 8.1 billion yuan. The Anxin Electronic Production Base project is the concentrated construction site of major projects in Anyi County. With a total investment of 1 billion yuan and an annual investment of 500 million yuan, the project is scheduled to be completed and put into operation in August 2024. In the second quarter, 22 projects, including the aluminum veneer project with an annual output of 500,000 square meters of Anyang County Hongyu Plastic Industry and the renovation and expansion project of Jiangxi Jiangyuan Material Factory (Phase II), were included in the city's centralized construction projects, with a total investment of 8.1 billion yuan and an annual planned investment of 5.4 billion yuan, covering key industries such as aluminum profiles, new materials and electronic information, including 19 industrial projects with a total investment of 7.69 billion yuan. Editor/Xue Ma

17:14 2023.06.05

Construction began on the renovation and expansion of Gongga Airport in Lhasa

On the morning of June 2, 2023, the Civil Aviation Administration of Tibet Autonomous Region held a groundbreaking ceremony for the renovation and expansion of the T1 and T2 terminals of Gongga Airport in Lhasa. It is reported that this reconstruction and expansion is the national "13th Five-Year" "14th Five-Year" plan and the Tibet Autonomous Region Party Committee, the government determined the key project, is also an important livelihood project, is actively integrated into the national Belt and Road construction of a powerful measure. After the completion of the reconstruction and expansion of the original T1 terminal, it will undertake domestic transportation and take into account major transportation functions, while T2 terminal will be transformed into an international functional area. Editor/Xue Ma

17:12 2023.06.05

The Beijing suburban railway will soon begin construction

The Second Public Notice on the Environmental Impact Assessment of the Northeast Ring Line of Beijing Suburban Railway from the southern entrance to Guanghua Section has been officially released. The feasibility study and preliminary design of the project have been completed, and it is planned to officially start construction and open in stages at the end of 2023. In the future, the Northeast Ring Line is expected to become the most obvious public transportation railway in Beijing, and it will reach the International Trade area in about half an hour from Huilongguan. At the same time, through the relevant connection line, the high-speed train unit from Beijing Chaoyang to Beijing Zhangjia-Beijing high-speed railway can be operated in the future, and the Beijing-Zhangjia-Beijing high-speed railway cross-line operation can be realized by using the northeast Ring line. Editor/Xue Ma

17:10 2023.06.05

Guoxuan plans to build a new 100GWh battery plant in Morocco

Recently, reporters learned from a domestic battery company, Guoxuan Gaoke Co., LTD., headquartered in Hefei, Anhui Province, that it is interested in establishing an electric vehicle battery factory in Morocco, a North African country, with an annual capacity of 100GWh. The company and the Moroccan government both have the intention to build a battery factory there, and are still in communication, a company official said. Morocco was chosen in consideration of the European and African markets. The final investment in the plant is reported to be as high as $6.3 billion. Editor/Xue Ma

10:26 2023.06.05

Bid Opening for Development Projects in Changzhou City, Jiangsu Province

On June 2, 2023, the Jiangsu Provincial Tendering and Bidding Public Service Platform released a bid announcement for the comprehensive development project in Changgou District, West of Wujin District, Changzhou City. The project was won by Jiangsu Wujin Green Building Industry Investment Co., Ltd. with a total investment of approximately 10.3 billion yuan. The project is located on the west side of Changgou River in Wujin District, Changzhou City. It extends to Changgou River in the east, Yancheng Road in the west, Changhong Road Elevated Zhoujiaxiang Road in the south, and Juhu Road in the north, covering an area of approximately 2.5 square kilometers. Among them, the green landscape, river, fire station, maintenance station, initial and terminal bus stations and other infrastructure in the north of Renmin Road, as well as kindergartens, fixed sales housing plots and talent apartment plots are included in the scope of the project, while other business plots in the north of Renmin Road, Xiyuan laboratory school and road bridges are not included. The construction period of this project is tentatively 6 years, and the operation period is tentatively 24 years. Editor/Zhao E

09:57 2023.06.05

Hubei Province Macheng Yangxin Expressway North Extension Project Launch Bidding

On May 30, 2023, the Hubei Provincial Electronic Tendering and Bidding Trading Platform released a bidding announcement for the MYBTZ-1 bid section of the North Extension Line of the Macheng Yangxin Expressway. The bidder was the Huanggang Municipal People's Government, with an estimated contract price of 5.15 billion yuan. The northern extension of the Macheng Yangxin Expressway starts from Qiujiadang Village to the east of Muzidian Town in Macheng City, connects with the Mayang Expressway, crosses the Shanghai Chengdu Expressway, extends northward, passes through Tangjiachong to Longmenhe Village, enters Sanhekou Town, and then extends northward along the G220 channel. It successively passes through the Hewu Railway and the Hewu section of the Shanghai Chongqing Chengdu High Speed Railway, passes west of the Sanhekou Reservoir, passes through Qianfan Village and Shangshang Village, and ends near Linjiagang at the border of Hubei and Henan provinces, It is connected to the Phase II project of the Yangxin Expressway Mall to the boundary between Henan and Hubei provinces planned by Henan Province, and the overall route runs in a north-south direction. The total length of the route is about 32 kilometers, constructed according to the standard of a two-way four lane highway, with a design speed of 100 kilometers per hour and a roadbed width of 26.0 meters. We plan to build 7517 meters/22 bridges, 8303 meters/6.5 tunnels, 3 interchanges, 1 service area, 2 toll management stations, 1 monitoring sub center, and 1 maintenance work area. The total investment is estimated to be approximately 5.15 billion yuan. Editor/Zhao E

08:48 2023.06.05

Successful Signing of G7611 Xichang Shangri La Sichuan Expressway Project

Recently, Sichuan Highway and Bridge Construction Group Co., Ltd., a wholly-owned subsidiary of Sichuan Road and Bridge Construction Group Co., Ltd., signed the "General Contracting Contract for the Construction of ZCB-3 Contract Section of the G7611 Xichang Shangri La Sichuan Expressway Project" with Sichuan Xixiang Expressway Construction and Development Co., Ltd., and the Road and Bridge Group will undertake the general contracting task for the construction of ZCB-3 Contract Section of the G7611 Xichang Shangri La Sichuan Expressway Project. The project content of this agreement is the construction of the ZCB-3 contract section (AK18+861~C5K134+440, M10K8+166) of the Sichuan Expressway from Xichang to Shangri La on the G7611 line ˉ M7K40+003.675) construction, mainly responsible for temporary engineering, roadbed, pavement, bridge and culvert, tunnel, intersection engineering, traffic safety, greening, housing construction, electromechanical, smart highway construction, and corresponding engineering restoration during the defect liability period. The total contract amount is approximately 32.408 billion yuan. The total construction period of the contract section is 54 months. The construction of this project is of great significance for improving the national and Sichuan Yunnan highway network, constructing a comprehensive three-dimensional transportation corridor in the Yangtze River Economic Belt, driving the development of tourism, mineral and cultural resources, and promoting high-quality economic development in the Panxi region. After the completion and opening to traffic, the history of no highways in Yanyuan and Muli counties will come to an end. Editor/Zhao E

17:14 2023.06.02

South Africa: Install 18GW of renewable energy generation projects by 2030

South Africa is one of the best places in the world to develop photovoltaic projects due to its abundant photovoltaic power resources. The country has set a target of installing 18GW of renewable energy generation facilities by 2030, and photovoltaic systems are expected to make up a large part of that target. The South African Government's Renewable Energy Independent Generator Procurement Program (REIPPP) has been successful in attracting investment and supporting the development of photovoltaic projects in the country. The Renewable Energy Independent Generator Procurement Program (REIPPP) launched its sixth bid window in April 2022. The goal is to add 2,600MW of renewable energy to South Africa's energy mix. Meanwhile, South Africa's national energy regulator NERSA approved the establishment of 15 independent power generators in May 2022 and June 2022. Editor/Xu Shengpeng

17:14 2023.06.02

Wind power system has become the second largest power source in Yunnan

Recently, new energy projects in Yunnan have been put into operation and connected to the grid smoothly. The power generation in Yunnan has reached a new high. At present, the installed wind power system has reached 11.21 million kW, becoming the second largest power source in Yunnan after hydropower. The energy authorities of Yunnan Province will further standardize the competition and distribution of photovoltaic resources in the province, strengthen factor guarantee, and coordinate and promote the synchronous construction of source network projects. We will ensure that 7 million kW will be connected to the grid in the first half of 2023 and 15 million kW will be put into production within the year. Data show that in the first quarter of 2023, the average utilization hours of wind power equipment in Yunnan reached 914 hours, much higher than the national average level of 615 hours. In the first four months of this year, wind power generated 12.427 billion KWH, up 18.78% year on year, becoming the main source of incremental power in Yunnan Province. Yunnan Province has excellent wind energy resources. The wind resources are proportional to the altitude, and the wind speed, the average wind power density and the utilization hours in the upper altitude area all increase. Because most of the mountain Basi areas in Yunnan Province are between 1000m and 2000m above sea level, the high altitude downwind resources have a significant topographic effect, resulting in a higher utilization hours. Data show that the number of hours of wind power utilization in Yunnan ranks the top two in China all year round. Editor/Xu Shengpeng

17:14 2023.06.02

Russia approves gas supply agreement with Cosco East Route

It is reported that the Russian State Duma passed a bill on the approval of Russia and Cosco East route gas supply cooperation agreement. According to earlier news, Russia and China plan to build a pipeline from Dalinelechensk in Russia to Hulin in China across the Ussuri River under the Far East Pipeline cooperation project. In early February 2022, Gazprom and petrochina signed a long-term contract on the annual export of 10 billion cubic meters of natural gas to China via the Far East Route. After the project is implemented, the total supply of natural gas from Russia to China will reach 48 billion cubic meters. Russian Prime Minister Mikhail Mishustin said earlier that the implementation of the Russia-China cooperation agreement on gas supply from Russia to China via the Far East Route is beneficial to both countries and will further promote the development of Russia's Far East region. Editor/Xu Shengpeng

17:14 2023.06.02

Infrastructure investment accelerated in many places

Infrastructure investment has picked up sharply recently, as evidenced by data released from a number of places. On the basis of major projects started in earnest in the first four months, new projects are being laid out in some localities. In addition, the large-scale construction of new infrastructure in 2023 will help accelerate the release of digital dividends. According to experts, there are many reasons for the acceleration of infrastructure investment, including sufficient project reserves, strong policy support such as land use, and a wide range of funding channels. In 2023, the central government will invest 640 billion yuan, an increase of 30 billion yuan over 2022. At the same time, 3.65 trillion yuan of local government special bonds will be allocated in 2023, much of which will be used for infrastructure investment. National Development and Reform Commission spokesperson Meng Wei said recently that the quota of special bonds for local governments to be used for construction projects in 2022 has been fully allocated. By the end of April, about 1.4 trillion yuan of special bonds had been issued in 2023. Editor/Xu Shengpeng

15:12 2023.06.02

Bid Opening for Urban Renewal Project in Linyi City, Shandong Province

On June 1, 2023, the Linyi Public Resource Trading Center released a public announcement of the winning candidates for the general contracting of urban renewal and renovation projects in the top and bottom ten districts of Lanshan District, Linyi City. The project was won by a consortium consisting of five units, including China National Offshore Engineering Co., Ltd. and China Construction International Engineering Co., Ltd., with a total investment of approximately 6 billion yuan. The urban renewal and renovation project in the top and bottom ten districts of Lanshan District is located in Lanshan Street, with Tongda Road in the east, Wangzhuang Road in the west, Yucai Road in the south, and Shuangling Road in the north. The total area is about 3581.55 acres, with the top ten planned building areas of about 914206.17 square meters, consisting of six residential areas, including Renyuan, Xinyuan, Shangyuan, Deyuan, Ruyuan, Yuyuan, and 59 residential buildings; The planned construction area of the latter ten areas is about 424667.78 square meters, consisting of three residential communities, including Zeyuan, Qingyuan, Runyuan, and 27 residential buildings. The construction content includes infrastructure such as residential buildings, hospitals, schools, and comprehensive service centers, supporting roads, and public green spaces. Editor/Zhao E

15:10 2023.06.02

Bidding for Nansha section of Huangpu Nansha East Expressway

On May 31, 2023, the Guangzhou Public Resource Trading Service Platform released a bidding announcement for the construction of the Nansha section of the Huangpu Nansha East Expressway, with a total investment of approximately 5 billion yuan. Nansha section of Huangpu Nansha East Expressway, including main line works and auxiliary road works: main line works of Nansha section of Huangpu Nansha East Expressway: first-class highway and urban expressway standard, two-way six lane, about 5.1 km long. The length of the roadbed section is about 2.14 kilometers, the total length of the bridge is about 2.67 kilometers, and the length of the semi submerged tunnel is about 255 meters; There are 4 interchanges set up along the entire line, including Nansha Bridge Interchange, Husha Avenue Interchange, Wuzhoushan North Road Interchange, and Huangge East Interchange. The main construction content includes road engineering, bridge engineering, tunnel engineering, traffic engineering, lighting engineering, greening engineering, toll facilities, external power engineering, temporary engineering, etc. The project budget is 3.07 billion yuan, including 1.996 billion yuan for construction and installation expenses. The auxiliary road project of the Nansha section of the Huangpu Nansha East Expressway: an urban main road, starting from the planned No. 21 Road in the Qingsheng area of Nansha District in the north and ending at Jigushan Road in the south, with four lanes in both directions and a length of about 4.9 kilometers. The total length of the roadbed section is 4495 meters, the bridge section is 290 meters, and the open section of the tunnel is 126 meters. The main construction content includes road engineering, bridge engineering, tunnel engineering, traffic engineering and traffic dispersion engineering, drainage engineering, lighting engineering, power pipe trench engineering, greening engineering, etc. The project budget is 1.934 billion yuan, including 1.085 billion yuan for construction and installation expenses. Editor/Zhao E

15:07 2023.06.02

China Energy Construction Corporation signed a strategic contract with Ningxia

On June 1, 2023, the entrepreneur symposium and project signing ceremony for the construction of the Yellow River Basin ecological protection and high-quality development pilot zone were held in Ningxia. Sun Honghong, Deputy Secretary of the Party Committee and General Manager of China Energy Construction Corporation, was invited to attend the symposium and witnessed the signing of strategic cooperation framework agreements and key project cooperation agreements between China Energy Construction Corporation and the government of Ningxia Hui Autonomous Region. According to the agreement, both parties will adhere to the principle of "Ningxia has needs, advantages in energy construction, mutual consensus, and win-win cooperation", focus on the high-quality development goals of Ningxia, and optimize the strategic layout of China Energy Construction in Ningxia. They will carry out comprehensive, wide-ranging, deep-seated, and multi-form strategic cooperation, promote mutual benefit and common development, and strive to create a new benchmark for "central local cooperation". Editor/Zhao E

10:40 2023.06.02

China Road and Bridge signed a contract for the Indonesian power project

Recently, China Road and Bridge Corporation successfully signed a commercial contract for the installation of Indonesia's Golden Eagle Dalai Gan Self owned Power Plant. This is another new breakthrough for the company in deepening its industrial supporting projects in the Indonesian market, following the signing and successful implementation of the civil construction contract for the power plant last year. The project is located on Dalaikan Island, North Kalimantan Province, Indonesia. The contract mainly includes the installation of boilers and main plant steel structures, steam turbine generator units, high-pressure pipelines, medium and low-pressure pipelines, coal conveying systems, ash removal systems, water treatment systems, electrical systems, fire protection systems, etc., and cooperation with system debugging and complete startup work. Editor/Ma Xue

10:39 2023.06.02

China Railway 10th Bureau Joint Venture Wins Order for Brazil Railway Project

Recently, TCR-10, a consortium of China Railway 10th Bureau, and Tiisa, a local company in Kazakhstan, jointly received a major order from Bahia Minera ç ã o, a Brazilian mining company under the Eurasian Resources Group in Kazakhstan. The main content of this order is to construct the 127km section of the Oeste Leste railway. According to Bahia News, the contract may be signed in the next two weeks, completing a railway section construction project of R $1.1 billion and approximately RMB 1.48 billion invested in the next 36 months. This 537 kilometer railway will serve 20 cities and transport 60 million tons of goods annually, transforming the state's mining industry. Editor/Ma Xue

10:01 2023.06.02

China Power Construction Iraq 750MW Solar Energy Project Approved

On May 30, 2023, the Iraqi Cabinet stated in a foreign statement that it had approved China Power Construction's photovoltaic project in the southern province of Musana, with a total installed capacity of 750MW and a total investment of 520 million US dollars. In August 2021, China Power Construction Corporation signed a cooperation agreement with the Ministry of Electricity of Iraq to develop 2GW photovoltaic power generation projects within Iraq, with the first phase investing in the development of 750MW. The Iraqi government has set a renewable energy development goal and plans to achieve a total installed capacity of 10GW of solar power generation by 2030, mainly relying on investment and development by private sector enterprises. Editor/Ma Xue

10:01 2023.06.02

Renjie Intelligent signed the largest photovoltaic project in Qatar

Recently, Renjie Intelligent signed a contract with Samsung Engineering and Construction Group to supply photovoltaic intelligent cleaning robots for the solar energy project in industrial city, the largest photovoltaic power station in Qatar. This project is the largest photovoltaic power plant in Qatar, with a total capacity of 875MW, including Messeid Industrial City and Ras Lavan Industrial City. It is expected to officially enter operation in 2024 and is the first new power plant project in Qatar to be equipped with a standard cleaning robot. Editor/Ma Xue

10:00 2023.06.02

Construction of China Mongolia Cross border Railway

Recently, the construction of a 7.1 kilometer railway connecting the Xiberkulun Port and the Zek Port in Mongolia began. The railway consists of 5 dedicated tracks for transporting coal from various coal mines, connecting China's Cek Port and Mongolia's Xiberkulun Port. It is the only railway in Mongolia built according to the Chinese railway gauge standard of 1435mm, laying the foundation for opening up a new railway transportation channel between China and Mongolia. The Mongolian section of the railway line is owned by the Siberkulun Company in Mongolia, while the Chinese section is owned by a joint venture between Morita Energy Co., Ltd. and Narin Suhaitu Railway Company. Editor/Ma Xue

17:48 2023.06.01

23 on-site contracts signed in the Guangdong Hong Kong Macao Greater Bay Area

On May 31, 2023, the centralized signing ceremony for the industrial docking project in the Guangdong Hong Kong Macao Greater Bay Area of Xiangtan City was held in Shenzhen. 23 projects were signed on-site, with a total investment of 11.01 billion yuan. Among them, there are 19 Xiangshang return projects with an investment of 9.37 billion yuan, accounting for 85% of the total investment. Hunan merchants have become the main force signing contracts for this industry docking conference. Among the 23 projects signed this time, there are 15 manufacturing projects and 2 investment projects from Class III Fortune 500 enterprises, covering areas such as infrastructure, smart healthcare, commercial logistics, and new energy. At this industry docking meeting, Xiangtan has been favored by Hunan merchants. Zeng Shengqiang, Chairman and President of Shenzhen Zhengtong Electronics Co., Ltd., said that he actively responded to the call for the "return of Hunan business" and arranged the Hunan Provincial Health and Medical Big Data Center project in Xiangtan. He will invite upstream and downstream industry chain enterprises to settle and develop here. Editor/Zhao E

17:19 2023.06.01

Greece has huge potential for future development of renewable energy

Since the outbreak of the conflict between Russia and Ukraine, the global energy transition has witnessed amazing progress in renewable energy. The pain brought by the energy crisis and high inflation to the energy sector in Greece has made the Greek government more determined to push forward the energy transition and implement the gas change target. First of all, in the area of policies and regulations, the Greek government has formulated a road map and removed obstacles for the development of green energy. Second, we should vigorously increase the proportion of sustainable energy supply, improve the energy mix and promote energy transformation. Greece has embarked on a fast track of green energy development with huge potential for future development. Thanks to its unique natural and geographical environment, Greece is rich in solar energy, wind energy and hydropower resources, which provide important basic conditions for green development. Since the outbreak of the Russia-Ukraine conflict, the ongoing geopolitical crisis in Europe and the pain brought by the energy crisis and high inflation to the energy sector in Greece have strengthened the determination of the Greek government to promote energy transformation and implement the target of gas transformation. Green energy development in Greece has entered the fast track with huge potential for future development. This follows the Greek Government's National Energy and Climate Plan 2030 on climate and energy issues, which sets out a detailed road map for achieving specific energy and climate targets by 2030, as well as streamlining the renewable energy licensing process, with a target of 35% renewable energy consumption in Greece by 2030, Installed renewable energy capacity increased from 8.62 gigawatts to 25 gigawatts, and 70% of the renewable energy will be used for domestic electricity production. Of this total, photovoltaic capacity reached 7.7 gigawatts, wind capacity increased to 7 gigawatts, hydropower to 3.7 gigawatts, biomass to 300 megawatts and geothermal power to 100 megawatts. Editor/Xu Shengpeng

17:19 2023.06.01

Sichuan 2023 highway and waterway construction investment exceeded 100 billion

According to the Sichuan Provincial Department of Transport, since 2023, the completion of highway and waterway construction investment in Sichuan has exceeded 100 billion yuan, a number of regional interworking projects, bridge construction projects are accelerated, this year will also start work on Panzhihua to Yanyuan highway and other key projects. Editor/Xu Shengpeng

17:19 2023.06.01

Shandong plans to build 5,040 kilometers of scenic roads

Recently, Shandong Provincial Department of Transport issued the province's first special tourism transportation layout plan -- Shandong Provincial Tourism Transportation Network Main Framework Layout Plan (2023-2030) (referred to as "Plan"), focusing on the Great Wall, Grand Canal, Yellow River National Cultural Park (Shandong section), along the Yellow Sea, Bohai Sea, Yimeng Revolutionary old base area and other cultural and tourism resource enrichment areas. To systematically construct the province's fast-forward and slow-travel tourism transportation network, promote the integrated development of transportation and tourism, and strongly support the construction of Shandong Demonstration Zone, a transportation powerhouse. Shandong will form five theme corridors, namely the Qianli Coastal corridor in the east, the Lufeng Canal in the west, the Red Yimeng Corridor in the south, the Yellow River entering the sea in the north, and the Great Wall Tracing in the middle, which will constitute the overall layout of the tourist scenic corridor around Shandong. The total scale of scenic byway is about 6580 kilometers, of which 5040 kilometers are highways and 1540 kilometers are dike-top roads and municipal roads. In addition, Shandong will also plan to build a number of scenic roads to further smooth the last kilometer of the scenic area. Editor/Xu Shengpeng

17:19 2023.06.01

Huaneng Hydropower: plans to invest in Xizang Hydropower project

On May 30, 2023, Huaneng Hydropower held the 16th meeting of the third Board of Directors, deliberating and passing the Motion on the investment and construction of hydropower Station Project in Tibet, which intends to invest and construct hydropower station project in Tibet (hereinafter referred to as the project). The project was approved by the National Development and Reform Commission in April 2023. At present, the project technology is feasible, all conditions have been basically implemented, the project risk is controllable, and the project investment and construction conditions have been met. It is reported that the installed capacity of this project is 2.6 million kW, the annual average power generation is 11.281 billion KWH, the total construction time is 132 months (excluding the preparation period), calculated according to the price level in the third quarter of 2022, the total investment of the project is 58.381 billion yuan. Huaneng Hydropower said that this project investment is an important hub for the company to build a clean energy base in the Xizang section of Lancang River, and plays a significant role in giving full play to the advantages of cascade joint operation in the Lancang River basin, improving the utilization rate of cascade water energy and comprehensive power generation benefits. The economic indicators of the project construction are feasible, and the subsequent cooperation with other power supplies delivered to the clean energy base in Xizang section of the upper reaches of Lancang River is conducive to improving the company's core competitiveness in the market. Editor/Xu Shengpeng