Two departments regulate pumped storage power plants

On December 1, the National Development and Reform Commission, the National Energy Administration issued the "Pumped storage power station development and construction Management Interim measures (draft for comments)" pointed out that the National Energy Administration under the guidance of the National Development and Reform Commission, the development of pumped storage medium and long-term development planning, proposed development goals, main tasks, project layout, construction timing, safeguard measures, etc., to guide the development of pumped storage. The key implementation projects of each five-year planning period proposed in the medium - and long-term development plan are the basic basis for the approval of pumped storage projects in all provinces (autonomous regions and municipalities). Editor/Xu Shengpeng

China and Uzbekistan signed an agreement on cooperation in renewable energy

On October 17, Zhang Jianhua, Director of the National Energy Administration authorized by the Chinese government, and Jurabek Mirzamahmudov, Minister of Energy authorized by the Uzbek Government, jointly signed the Agreement between the Government of the People's Republic of China and the Government of the Republic of Uzbekistan on Cooperation in the Field of Renewable Energy in Beijing. According to the agreement, the two sides will further deepen and expand cooperation in renewable energy power generation, the construction and renovation of related supporting power grids, technical equipment, and scientific and technological innovation. Editor/Xu Shengpeng

UAE joins hands with Malaysia to build 10GW renewable energy projects by 2025

On October 6, Malaysian Prime Minister Anwar Ibrahim said that the UAE will jointly develop 10 gigawatts of renewable energy projects with Malaysia by 2025, worth US$8 billion. The above-mentioned investment plan is part of a memorandum of understanding signed during a meeting between representatives of the Malaysian Investment Development Authority and Abu Dhabi Future Energy Company (Masdar) in the United Arab Emirates on Thursday. The Malaysian government aims to have 70% of its overall energy installed capacity come from renewable energy sources by 2050. As of the end of March this year, this figure was about 25%. The Malaysian government estimates that 637 billion ringgit ($135 billion) of investment is needed to achieve this goal. Anwar also said that Malaysia and the UAE will concretely advance relevant cooperation through an investment agreement between MIDA and the UAE International Investors Council. Editor/Xu Shengpeng

Inner Mongolia Hangjin Banner expands scenery installed capacity

Recently, the Office of the People's Government of Hangjin Banner, Inner Mongolia issued a notice on the issuance of the "Implementation Opinions of Hangjin Banner on Strengthening Standardized Service Management to Promote the High-Quality Development of New Energy." The "Notice" pointed out that during the 14th Five-Year Plan period, we will strive to achieve a total wind power and photovoltaic installed capacity of 25 million kilowatts, strictly implement wind power and photovoltaic industry construction standards, provide supporting services through state-owned enterprises, build a community of shared future for regional services and management, and guide The new energy industry will develop in a healthy and orderly manner, achieve a development pattern in which the government is proactive, the market is effective, and enterprises are beneficial, and the organic integration of new energy development with the protection and management of mountains, rivers, forests, farmlands, lakes, grass and sand will be achieved, and a new energy construction benchmark will be created. Implement new energy + ecological comprehensive management. When planning and constructing wind power areas, we must fully consider the living habits of surrounding organisms and take necessary measures to reduce the impact of wind power projects on the ecological environment. After the construction is completed, the soil layer and vegetation will be restored at the wind turbine site, both sides of the road, and exposed hillside. Implement new energy + rural revitalization. Expand new energy + diversified utilization, adapt to local conditions, encourage wind power projects to help rural revitalization, extend production and processing, warehousing and logistics and other industrial chains, strive for special policies and financial support for agriculture, forestry and animal husbandry, expand product supply and marketing channels, and create an integration of new energy + modern agriculture and animal husbandry chemical demonstration project. Editor/Xu Shengpeng

Construction of the China-Russia East Route natural gas pipeline began

On the morning of September 20, 2023, the opening ceremony of the China-Russia East Route Nenjiang Branch gas pipeline project was held. After the completion of the project, it is of great significance to improve the energy structure of industrial enterprises along the pipeline and the surrounding areas, drive the economic and social development of the regions along the pipeline, help the construction of natural gas pipeline network in Heilongjiang Province, improve the reliability and flexibility of natural gas supply in the province, and promote the country to achieve the dual-carbon goal as soon as possible. Editor/Xu Shengpeng

The investment ratio of clean energy to fossil energy increased to 1.7:1

Recently, the International Energy Agency's "2023 World Energy Investment" report was released in Beijing. Tim Gould, chief energy economist at the International Energy Agency, said that five years ago, the ratio of investment in clean energy to fossil energy was 1:1; now the ratio is 1.7 to 1. At the same time, investment in solar energy will surpass investment in oil production for the first time in 2023. In recent years, driven by economic growth, rising fossil fuel prices, and policy support, investment in the clean energy sector has maintained strong growth. Global energy investment is expected to reach $2.8 trillion in 2023, of which more than $1.7 trillion will be invested in clean energy, including renewables, electric vehicles, nuclear power, grids, energy storage, low-emission fuels, energy efficiency improvements and heat pumps, Gould said. At the same time, the gap between clean energy and fossil fuel investment is widening. Five years ago, the ratio of investment in clean energy to fossil energy was 1:1; today, the ratio has increased to 1.7 to 1. At the same time, solar investment will surpass oil production investment for the first time in 2023. In terms of fossil energy, more than $1 trillion is expected to be invested in traditional energy sources such as coal, natural gas and oil by 2023. Upstream oil and gas investment will grow by 7%, but will not return to pre-pandemic 2019 levels. Editor/Xu Shengpeng

Cross-border electricity trade between China and ASEAN countries

In the past 20 years, China and ASEAN cooperation in the field of energy and power has yielded fruitful results, China Southern Power Grid Company released data on the 17th, China Southern Power Grid through the ASEAN national grid connected to achieve a cumulative cross-border two-way power trade of nearly 70 billion KWH. In 2004, China Southern Power Grid Corporation connected the first cross-border line, officially opening the electricity interconnection between China and ASEAN countries. As of the end of August this year, the Southern Power Grid has been connected to the grid of ASEAN countries, and has achieved a cumulative cross-border two-way power trade of nearly 70 billion KWH, of which more than nine percent has become clean energy. According to reports, in the past 20 years, China Southern Power Grid has invested in more than 30 energy projects in ASEAN countries such as the Philippines, Vietnam, Laos, Myanmar and Cambodia. At the same time, the connotation of energy cooperation between China Southern Power Grid Corporation and ASEAN countries has been continuously enriched. Through technical exchanges and other means, China Southern Power Grid has trained more than 700 middle and high-level power technology and management personnel from ASEAN countries, and funded nearly 200 students from ASEAN countries. Editor/Xu Shengpeng

China (West) Hydrogen energy Conference 48 enterprises concentrated signing

From September 14 to 15, the China (West) Hydrogen Energy Conference was held in Yulin, Shaanxi province. At the opening ceremony of the conference, Yulin City government and Xi 'an Jiaotong University signed a strategic cooperation agreement, and then held a centralized signing ceremony, and 48 projects in the hydrogen energy industry chain signed important cooperation results on site, with a total investment of 33.28 billion yuan. Among them, as one of the earliest investment institutions in the new energy field, XICO Holding and a number of hydrogen-related investment enterprises debuted this signing. As an important part of the conference, the signing ceremony of the conference has attracted the attention of the industry inside and outside, it is reported that the conference signed a total of 48 projects, Introduced by Shaanxi provincial and municipal governments and provincial enterprises, including Xi 'an Jiaotong University, Technical Institute of Physics and Chemistry, Chinese Academy of Sciences, The Sixth Research Institute of China Aerospace Science and Technology Corporation, China Communications Group, Guodian Investment Group (Shaanxi Company), Vision Group, petrochina (Shaanxi Company), Sike Holdings, Zhongke Fuhai, Lean Chemical, Hedrisen and other universities and institutions, industrial groups, industrial funds, hydrogen innovation enterprises and well-known consulting and planning companies in the field of hydrogen energy. The scope of cooperation includes hydrogen core technology research, hydrogen equipment manufacturing, hydrogen energy application demonstration, etc., covering the whole chain of hydrogen energy industrialization development such as hydrogen production, hydrogen storage, hydrogenation, hydrogen transport, and hydrogen use, and promoting the development of China's hydrogen energy industry with western power. Editor/Xu Shengpeng

G20 Summit: Pledge to triple global renewable energy generation by 2030

According to foreign media reports, the Group of 20 (G20), which accounts for 85% of global GDP and 80% of carbon emissions, announced at the G20 summit that it plans to accelerate the reduction of coal-fired power generation, taking into account the unique circumstances of each country. However, there is no commitment to completely phase out polluting fossil fuels, including oil and gas. Recognizing the urgency of the global climate, the G20 stressed the need to rapidly and significantly reduce global greenhouse gas emissions, by 43 percent by 2030 from 2019 levels, to limit global warming to 1.5 degrees Celsius. However, they expressed concern that current efforts are still insufficient to meet the goals of the Paris Agreement. To support developing countries' climate plans, the G20 called for $5.9 trillion in funding by 2030. In addition, they estimate that global investment in developing clean energy will need to be about $4 trillion per year by 2030 to achieve net-zero emissions by 2050. Leaders urged a dramatic increase in climate finance from billions of dollars to trillions of dollars. Editor/Xu Shengpeng

The world's first hydrogen energy smart track is officially running in Malaysia

On the afternoon of September 6, local time in Malaysia, the world's first hydrogen energy smart tram independently developed and manufactured by CRRC Zhuzhou officially debuted in Malaysia, and opened a trial run in Kuching City, Sarawak, becoming the most beautiful scenery on the streets of Kuching on the day. It is reported that the train departed Zhuzhou, Hunan province, on July 14, and completed assembly and commissioning at a Malaysian port on August 21. The first phase will run along the Jalan Keruing Loop in Kuching City. In early November, it is planned to go to Samarahan to test different road conditions. The total test time will be three months. During this period, the local government will collect data to the maximum extent possible, assess the feasibility of the road and identify other potential problems to ensure that the Smart Rail will better serve the people of Kuching when it comes into operation and bring convenience to the local public transport. Editor/Xu Shengpeng

Powerchina signed the first spot power transmission and transformation project

Under the brand of Sinohydro, PowerChina Argentina Representative Office and the Management Committee of the Argentine Federal Electric Transportation Trust Fund (CAF) officially signed the contract for the Augustin-Campo Quijano 132KV transmission line and substation project in Salta Province, Argentina. The project is the first spot power transmission project of the Argentine Federal Transmission Plan. Gustavo Saenz, Governor of Salta Province of Argentina, Flavia Royong, Secretary of the State of Energy, Santiago Ianotti, Deputy Secretary of Power Energy, and Tu Level, national representative of China Power Construction Argentina, attended the signing ceremony. The project is located in the province of Salta in northern Argentina, and the construction content is to build two 24km single circuit and a 10km double circuit 132 kV line and supporting substation in Salta province, and upgrade and maintain the existing line. As part of the national High voltage transmission and transformation upgrade Plan and the first project of the Federal Electric Transportation Plan, the project assumes important responsibility for improving Argentina's electric transportation, which will help meet Argentina's growing energy demand and promote the sustainable development of the local economy. Editor/Xu Shengpeng

About 1.3 trillion yuan of local government bonds were issued in August

In order to better exert the effect of investment to stabilize growth, the central government required local governments to accelerate the issuance of bonds, and the issuance of local government bonds reached the peak of the year in August. According to public bond issuance data, the scale of local government bond issuance across the country in August 2023 was about 1.3 trillion yuan, a new high for the year, which was mainly due to the significant acceleration of new special bond issuance. In the first eight months of 2023, the scale of local government bonds issued nationwide was about 6.3 trillion yuan, a slight increase (3%) over the same period last year, and a record high for the same period. Editor/Xu Shengpeng

The 2023 China International Intelligent Industry Expo signed 84 major projects

On the afternoon of September 4, 2023 China International Intelligent Industry Expo major investment projects concentrated signing activities were held in Chongqing Yuelai International Convention and Exhibition Center, Chongqing signed 84 major projects, the formal contract amount of 213.86 billion yuan, signed 5 billion yuan - 10 billion yuan projects 11, 10 billion yuan more than 5 projects. Among them, in 2023, focusing on the annual theme of intelligent net-connected new energy vehicles, 19 projects in the field of intelligent net-connected new energy vehicles were signed, with a formal contract amount of 68.8 billion yuan, accounting for 32.2% of the total contract amount. The smart Expo will strengthen the market orientation and provide services for the chain extension and chain expansion of the main chain enterprises in the city. A total of 13 B2B projects have been signed with a formal contract amount of 31.12 billion yuan, covering the fields of intelligent networked new energy vehicles, biomedicine, software information services, new energy and new energy storage. Editor/Xu Shengpeng

Xinjiang has actively developed photovoltaic industrial parks

To build a new development pattern, promote high-quality development and promote Chinese-style modernization, Xinjiang faces new opportunities and needs to make new achievements. Based on the resource endowment, geographical advantage and industrial foundation, we should vigorously promote scientific and technological innovation, foster and expand industries with distinctive advantages, actively develop emerging industries, accelerate the construction of a modern industrial system that reflects Xinjiang's characteristics and advantages, push Xinjiang onto the track of high-quality development, and work with the rest of the country to comprehensively build a modern socialist country. To achieve social stability and high-quality development in Xinjiang, the most arduous task is in rural areas. We need to do a good job of providing support to the other side, strengthen industrial cooperation and personnel exchanges between Xinjiang and the mainland, encourage and guide people from Xinjiang to work in the mainland, and encourage and support people from the mainland to start businesses and live in Xinjiang. It is necessary to give full play to Xinjiang's unique geographical advantages, actively serve and integrate into the new development pattern, do a good job in opening up from the actual situation, speed up the construction of the core area of the Belt and Road, and make Xinjiang a bridgehead for China's westward opening up. Editor/Xu Shengpeng

Gulf states are eyeing green hydrogen

After decades of oil and gas booms, Gulf states are now targeting "green" hydrogen as they try to transform their economies into non-oil revenue sources and ease the climate crisis. Oil producers Saudi Arabia, the United Arab Emirates and Oman are investing heavily in the climate-friendly fuel as they seek alternative sources of revenue from crude oil and natural gas. Green hydrogen, hydrogen produced by electrolysis of water from renewable energy, seems to solve many problems: it is low in pollution and has a wide range of potential uses, which could make it both profitable and protective of the planet at the same time. But the fuel, which currently accounts for less than 1 percent of total global hydrogen production, is not yet commercially viable, requiring a massive expansion of renewable energy use - a process that could take years. Nevertheless, the Gulf states still have the opportunity to play a major role in the energy market due to the decline in oil revenues. Most hydrogen today is produced from polluting fossil fuels, but green hydrogen is extracted from water using renewable energy sources such as wind, solar and hydropower. While fossil fuels produce harmful greenhouse gases when burned, hydrogen only releases water vapor. It has been touted as a potential use in highly polluting industries such as transport, shipping and steel. Editor/Xu Shengpeng

Renewable energy generation could meet 60% of Nigeria's energy needs by 2050

The study shows that Nigeria currently has only 4GW of installed capacity of fossil fuel generation facilities and hydroelectric power facilities in operation. It is estimated that to fully provide electricity to its 200 million people, the country would need to install about 30GW of power generation facilities. According to the International Renewable Energy Agency (IRENA), Nigeria will have only 33MW of grid-connected PV system capacity by the end of 2021. While the country's photovoltaic irradiance ranges from 1.5MWh/m² to 2.2MWh/m², why is Nigeria rich in photovoltaic power generation resources but still constrained by energy poverty? The International Renewable Energy Agency (IRENA) estimates that renewable power generation facilities could meet 60% of Nigeria's energy needs by 2050. Currently, 70 percent of Nigeria's electricity is provided by fossil fuel power plants, with most of the remainder coming from hydropower facilities. Five major power generation companies dominate the country, with the Nigeria Transmission Company being the sole transmission company responsible for the development, maintenance and expansion of the country's transmission network. The country's power distribution companies have been fully privatized and the electricity produced by the generation companies is sold to the Nigerian Bulk Electricity Trading Corporation (NBET), the country's only bulk electricity trader. Power distribution companies buy electricity from generation companies by signing power purchase agreements (PPA) and sell it to customers by awarding contracts. This structure ensures that power generation companies get a guaranteed electricity price no matter what happens. But there are fundamental issues that also affect the adoption of PV as part of Nigeria's energy mix. Editor/Xu Shengpeng

In the first July, 161.2 billion yuan was invested in solar power generation

On August 17, the National Energy Administration released the statistics of the national power industry from January to July. By the end of July, the country's cumulative installed power generation capacity was about 2.74 billion kilowatts, an increase of 11.5% year-on-year. Among them, the installed solar power capacity of about 490 million kilowatts, an increase of 42.9%; The installed capacity of wind power was about 390 million kilowatts, up 14.3 percent year on year. Previous data showed that as of the end of June, the cumulative installed power generation capacity of the country was about 2.71 billion kilowatts, an increase of 10.8%. Among them, the installed capacity of solar power generation was about 470 million kilowatts, an increase of 39.8%. The installed capacity of wind power was about 390 million kW, up 13.7 percent year on year. After the two data are set off against each other, it can be seen that the installed capacity of photovoltaic in July is 20 million kilowatts. It accounted for two-thirds of the new power generation installed in July alone. From January to July, the cumulative average utilization of power generation equipment in the country was 2079 hours, 54 hours less than the same period last year. Among them, 1,578 hours of hydropower, 523 hours less than the same period last year; 780 hours of solar power generation, 42 hours less than the same period last year; Wind power 1,416 hours, an increase of 112 hours over the same period last year; Nuclear power 4,440 hours, 100 hours more than the same period last year; 2,573 hours of thermal power generation, an increase of 96 hours over the same period last year. From January to July, the major power generation enterprises in the country completed investment of 401.3 billion yuan in power supply projects, an increase of 54.4%. Among them, solar power generation was 161.2 billion yuan, up 108.7% year-on-year; Nuclear power reached 43.9 billion yuan, up 50.5% year on year. The investment in power grid projects was 247.3 billion yuan, up 10.4% year on year. Editor/Xu Shengpeng

The energy crisis has driven the growth of photovoltaic demand in Germany

Affected by the conflict between Russia and Ukraine, the energy crisis facing Germany, on the one hand, has increased people's concerns about the safety and security of energy supply, and on the other hand, it has rapidly pushed up inflation, making people's lives more stressful. Easing pressure on energy prices and the desire to ensure stability of supply are the main drivers for people to consider solar power. According to the average annual electricity consumption of a family of four in Germany is 4,500 KWH, if you choose to install a rooftop photovoltaic system with an annual power generation of 4,000 KWH in early 2022, as of August 2023, the use of solar power is about 70% cheaper than the public grid. Editor/Xu Shengpeng

National Energy Group: photovoltaic construction exceeded 8GW during the year

As of August 11, the National Energy Group had started 10.4 million kilowatts of power projects during the year, and put into operation 11.38 million kilowatts of power installed capacity, a record high for the same period. Photovoltaic installed capacity exceeded 20 million kilowatts, Ningxia Zhongwei phase I "Shage famine" project, Ningdong composite photovoltaic, Qinghai Daqaidan and other large base projects were put into full capacity, and the scale of offshore wind power exceeded 4 million kilowatts. Since the beginning of this year, the National Energy Group's infrastructure projects have been promoted at a high speed and on a large scale, with the goal of building a world-class clean and low-carbon energy leader, and vigorously implementing the "four guarantees and one" development path. The power supply projects started are all new energy. Among them, wind power projects started 2.31 million kilowatts, photovoltaic projects started 8.09 million kilowatts. New energy is the main force of new power supply projects, accounting for more than 50% of installed capacity. Since the beginning of this year, the national energy Group has connected a number of photovoltaic projects to the grid. Editor/Xu Shengpeng

Xinjiang state-owned enterprises step up new energy struggle

On August 11, Lixin Energy announced that according to the "Xinjiang New Energy (Group) Co., Ltd. issued by the controlling shareholder Xinjiang New Energy (Group) Co., Ltd. on the proposed overall merger and reorganization of the Advisory Announcement" was learned that with the consent of the People's Government of Xinjiang Uygur Autonomous Region, Xinjiang New Energy and Xinjiang Energy (Group) Co., Ltd. plan to merge and reorganize to form a new Xinjiang Energy (Group) Co., LTD. The restructured and merged Xinjiang Energy Group has a registered capital of 20 billion yuan and total assets of nearly 48 billion yuan. On August 13, 2023, Xinjiang Tianfu Energy Co., Ltd. issued an announcement saying that it received a notice from the controlling shareholder Tianfu Group that it was informed that according to the "Approval of the General Office of the Xinjiang Production and Construction Corps on the establishment of Zhongxin Power Group Co., LTD." issued by the General Office of the Xinjiang Production and Construction Corps (Recruit Letter No. 2023) 40), Tianfu Group, State-owned Assets Supervision and Administration Commission of Xinjiang Production and Construction Corps and State-owned Capital Investment and Operation Group Co., LTD., 7th Division of Xinjiang Production and Construction Corps signed the Framework Agreement on Asset Restructuring and Capital Investment for the Establishment of a New Company. Editor/Xu Shengpeng

Chinese companies participate in the signing of Guinea iron ore railway

Transguinean company CTG(la Compagnie du TransGuineen) has signed an agreement with the government of Guinea for the construction of port and rail infrastructure at the Simandou Iron ore mine, marking a decisive step in the development of the Simandou project, one of the largest iron ore mines in the world. The Simandou iron ore mine, located in Kailuane Province in southeastern Guinea, is the world's largest and highest quality undeveloped iron ore deposit, with an initial annual capacity of 120 million tons of high-quality iron ore. Due to its geographical location, the development of the mine requires the construction of more than 600 kilometers of railway across the east and west of Guinea, as well as ports and other infrastructure along the western coast. The Guinean government has said that any mine developer would have to build a railway across the country to ensure that iron ore mined at Simandou is exported from Guinea's own ports, greatly increasing the cost of mine development. Editor/Xu Shengpeng

From January to July, China Railway completed a fixed 1.3 billion yuan

China Railway official micro news on August 10, 2023 from January to July, the national railway completed fixed asset investment of 371.3 billion yuan, an increase of 7%. In particular, in July, quality improvement projects such as the Xining to Golmud section of the Qinghai-Tibet Railway and the Lanzhou to Xining section of the Lanzhou-Xinjiang high-speed Railway were put into operation, providing new routes and new options for summer travel by train. Editor/Xu Shengpeng

It is expected that the share of solarneration will increase to 22.5% by 2030

The report shows that from 2020 to 2030, the proportion of new energy will gradually increase, but coal power will still be the main body. Wind power, solar power and other new energy is developing rapidly, but coal power still occupies a dominant position, and the proportion of wind power generation is expected to increase from 9.3% in 2020 to 22.5% in 2030. The share of coal power will fall from 61.3 percent in 2020 to 47.5 percent in 2030. Editor/Xu Shengpeng

In July, 12,606 excavators were sold, down 29.7 percent year-on-year

According to the statistics of the China Construction Machinery Industry Association on the main manufacturers of excavators, 12606 excavators of all kinds were sold in July 2023, down 29.7% year-on-year, including 5112 domestic excavators, down 44.7% year-on-year; Exports were 7,494 units, down 13.8% year-on-year. From January to July 2023, a total of 121,424 excavators were sold, down 24.6% year-on-year; Among them, 56,143 were domestic, down 44.1% year-on-year; Exports were 65,281 units, an increase of 7.62%. Editor/Xu Shengpeng

More than 5 trillion yuan of local government debt has been issued in 2023

China Bond Information Network and other public information shows that as of August 4, a total of 5,236.661 billion yuan of local bonds have been issued this year, of which 485.582 billion yuan of new general bonds, 2,613.378 billion yuan of new special bonds, and 2,138 billion yuan of refinancing bonds. Industry insiders expect that as an important starting point for financial power in the second half of the year, local debt issuance will accelerate, and supply is expected to peak from August. Editor/Xu Shengpeng

We will support the development of new land and sea routes in the western region

In order to fully implement the decision of the Party Central Committee to accelerate the construction of the western land and sea new channel, the General Administration of Customs within the scope of Customs responsibilities, recently introduced 15 key measures, mainly around the smooth logistics, help open up, cultivate industry, optimize the environment four aspects, better support the construction of the western land and sea new channel: better promote the smooth cross-border logistics channel. The new Land and Sea Corridor in the western part of China is a major international logistics corridor. The priority of the 15 routes we have introduced this time is to smooth cross-border logistics. Specific measures include: We will improve the facilitation of customs clearance for multimodal transport along the new land-sea Corridor in the West, facilitate the expansion and expansion of international railway combined transport, build a logistics linkage platform for the new Land-Sea Corridor in the West, promote connectivity between the new Land-Sea Corridor in the West and the China-Europe Railway Express and the Golden Waterway of the Yangtze River, and fully leverage the role of the New Land-Sea Corridor in connecting the Belt and Road and connecting the Yangtze Economic Belt. We will better create open highlands in the western inland. The new land-sea corridor in western China, as a major opening channel of the country, has changed the western region from the end of opening up to the front of opening up, and opened a new door for the construction of inland open highlands. This time, we have formulated 15 guidelines, which will also focus on promoting high-level opening-up in the western region. The main measures in this regard are: to provide support for the establishment of comprehensive bonded zones and bonded logistics centers, and to enhance the level of open platforms in the western region; We will promote synergy between the pilot free trade zones along the routes, support the replication and promotion of the customs supervision innovation system in the pilot free trade zones, and promote the superposition and mutual enhancement of the open platform and the new land and sea corridor in the West. Editor/Xu Shengpeng

Guangzhou: Support private investment in major projects

According to the Guangzhou Municipal government website on August 2, Guangzhou issued several measures to promote the development and growth of the private economy in Guangzhou. Support for private investment in the construction of major projects. Implement the "Guiding Opinions of Guangzhou on Supporting Social Forces to Participate in the Construction of Key Areas", comprehensively sort out the list of projects attracting private capital, publicly release it by relying on the online approval and supervision platform of investment projects in Guangdong Province, and carry out investment and financing cooperation docking through various ways such as holding project promotion meetings. Establish a database of key private investment projects, and recommend key private investment projects to relevant financial institutions in accordance with the idea of mature batch and recommended batch. We will promote the implementation of infrastructure industry development funds as soon as possible, and build a virtuous cycle of infrastructure investment, financing, management, and retirement. We will improve the management process of private investment projects, establish channels for reflecting and resolving private investment problems, and take multiple measures to stimulate the willingn

From January to June, China's investment in new energy prached 5.2 trillion yuan

According to CINNO Research statistics show that from January to June 2023, China's new energy project investment amount is as high as 5.2 trillion yuan (including Taiwan), mainly flowing to wind power photovoltaic, the amount is about 2.5 trillion yuan, accounting for about 46.9%; The total investment amount of lithium battery is 1.2 trillion yuan, accounting for about 22.6%; The total investment in energy storage is 950 billion yuan, accounting for about 18.1%; The total investment in hydrogen energy exceeded 490 billion yuan, accounting for about 9.5%. Editor/Xu Shengpeng

In the first half of 2023, Jiangsu's transpoueeded 133.5 billion yuan

On July 31, it was learned from the Jiangsu Provincial Department of Transportation that Jiangsu promoted the construction of high-quality transportation power pilot and transportation modernization demonstration area, and completed the investment of 133.52 billion yuan in transportation infrastructure construction in Jiangsu Province in the first half of the year, accounting for 66.7% of the annual investment plan, exceeding the schedule by 16.7 percentage points. The formation of Jiangsu in orbit accelerates. In the first half of the year, the completed investment of railway projects in Jiangsu Province exceeded 36 billion yuan, the highest level in the history of the same period. The pile foundation of the north main tower of the Chongqi Yangtze River Railway Bridge has been completed, the only single-tower cable-stayed bridge on the whole line of the Shanghai-Suzhou Lake Railway has been closed, and the first pile of the Yangzhou section of the Ningyangcheng Intercity Railway has been drilled... With the construction of Nanjing Shangyuanmen Railway crossing on June 30, 7 of the 9 newly started transportation infrastructure projects listed in the list of major projects in Jiangsu Province in 2023 have been started, with an operating rate of 78%. Expressways have been upgraded and expanded. At present, Jiangsu expressway reconstruction and expansion has entered the construction period of centralized acceleration, and the reconstruction and expansion project has been accelerated. The expansion project of the Taicang to Changzhou section of the Shanghai-Wuhan Expressway has started, and the expansion of the Pingchao to Guangling section of the Shanghai-Shaanxi Expressway is in accordance with the standard of the two-way four-change and eight-lane expressway. The construction of key nodes such as bridge structure, pavement base and middle and lower surface layer is being carried out in an orderly manner. Editor/Xu Shengpeng

Up to now, the number of China-Europe freight trains in% year-on-year

At 10:18 on July 29, 2023, the X8020 China-Europe train set off from Yiwu West Railway Station and sounded its whistle for Madrid, Spain, marking that the total number of China-Europe trains in 2023 has reached 10,000, sending 1.083 million TEUs of goods, an increase of 27%. At 10:18 on July 29, the X8020 China-Europe train set off from Yiwu West Railway Station, sounding its whistle and heading for Madrid, Spain, marking that the total number of China-Europe trains in 2023 has reached 10,000, sending 1.083 million TEUs of goods, an increase of 27% year-on-year. The 10,000th China-Europe train in 2023 contains 110 TEU of goods, including small commodities, auto parts, photovoltaic modules, etc., which is a microcosm of the increase in the commodity categories and value of China-Europe trains in recent years, and the growth trend of high value-added and high-tech products. Since China's first China-Europe train departed from Chongqing Tuanjiecun Central Station in March 2011, by the first half of 2023, the total number of China-Europe trains has exceeded 73,000, sending 6.9 million TEUs of cargo. With more than 100 domestic departure cities reaching 216 cities in 25 European countries, China-Europe flights have injected a steady stream of vitality into world economic and trade exchanges. Editor/Xu Shengpeng