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[New Year, New Start] CSG Invests Over 25 Billion Yuan in Fixed Assets in January and February
March 31, 2026China Southern Power Grid Co., Ltd. (CSG) invested 25.08 billion yuan ($3.63 billion) in fixed assets in January and February, an increase of 95.3 percent over the same period last year. CSG intensified its efforts to ensure an inspiring first quarter of 2026.
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[New Year, New Start] State Grid’s Investment in Fixed Assets Rises by 80% in January and February
March 30, 2026In January and February, State Grid Corporation of China (State Grid) invested 75.7 billion yuan ($10.96 billion) in fixed assets, 80.6 percent more than that in the same period last year.
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[New Year, New Start] China-Europe Railway Express from Wuhan Sees Double-digit Rises in Train Number and Cargo Value
March 30, 2026Wuhan Asia-Europe Logistics Co., Ltd., a subsidiary of Hubei Port Group, dispatched 170 China-Europe Railway Express trains in January and February from Wuhan, capital of Central China’s Hubei Province, transporting cargo valued at nearly 3.15 billion yuan ($457.61 million). The two figures increased by 18.88 percent and 14.61 percent from the same period last year, respectively.
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[New Year, New Start] High-altitude Solar Power Base in Sichuan Connects to Grid
March 27, 2026The Xiaojinchuan River Basin solar power base in Southwest China’s Sichuan Province was fully connected to the grid on March 14, marking the beginning of full operation for China’s first cascade power generation project integrating water and photovoltaic power generation and storage. The facility, built by Power Construction Corporation of China, can generate electricity through hydro and solar power and support clean energy storage, thereby setting an example for the integrated development of river resources.
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China's Central SOEs Urged to Step up Investment in Xiong'an New Area
March 26, 2026China's state-owned enterprises (SOEs) directly administered by the central government are urged to intensify relocation to and investment in the Xiong'an New Area in north China's Hebei Province, as part of broader efforts to support the area's high-quality development.
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[New Year, New Start] CMG Builds New Smart Driving Lab
March 24, 2026Constructed by China Merchants Testing Vehicle Technology Research Institute Co., Ltd., a subsidiary of China Merchants Group (CMG), a new integrated smart driving laboratory capable of simultaneous simulation of real vehicles, dynamic traffic and environmental conditions has opened.
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[New Year, New Start] China Logistics Wins Order for Exporting 10,000 China-made NEV to Uzbekistan
March 24, 2026The Xinjiang- and Uzbekistan-based branches of CTS International Logistics Corporation Limited (CTS International), a subsidiary of China Logistics Group Co., Ltd. (China Logistics), recently won an annual road transportation order of delivering 10,000 finished new energy vehicle (NEV) to Tashkent, the capital of Uzbekistan.
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[New Year, New Start] Construction of Asia’s Largest Cylindrical FPSO Begins
March 23, 2026Construction work began on a cylindrical floating production storage and offloading vessel (FPSO) of the Kaiping South oilfield on March 6 in Qingdao City, East China’s Shandong Province, according to China National Offshore Oil Corporation (CNOOC).