Industry News

2022-07-08

The Yangtze-to-Han River Diversion Project Officially Commences

2022-06-20

Total investment of RMB 39.8 billion: The Pingluo–Zhoukou High-Speed Railway is set to break ground.

2022-06-20

The Zhengzhou–Chongqing High-Speed Railway Fully Opens Today

2022-06-20

The Puyang–Zhengzhou section of the Ji’nan–Zhengzhou High-Speed Railway opens to traffic today.

2022-06-20

New Pattern Emerges for Zhengzhou’s Railway Passenger Transport Hub: Zhengzhou Airport Station Opens for Service on the 20th

2022-04-29

Jinan–Zhengzhou High-Speed Railway Achieves “Simultaneous Rotation of Two Bridges,” Overcoming a Critical Construction Milestone

According to reports, the Jinan–Zhengzhou High-Speed Railway is a trunk high-speed rail line planned and constructed by Shandong Province and Henan Province, running from Zhengzhou East Station to Jinan West Station. It forms part of Shandong’s “Four Horizontal and Six Vertical” integrated transportation corridor and is also a key component of Henan’s “Mi”-shaped high-speed rail network strategy. The Shandong section of the Jinan–Zhengzhou Railway has a total length of 170 kilometers. Upon completion, the travel time between Jinan and Zhengzhou will be reduced to just 1.5 hours, greatly facilitating travel for residents in both cities and boosting economic development in relevant areas across central and eastern China.

2022-04-20

Track-laying underway on the Meizhou Bay Cross-Sea Bridge of the Fuzhou–Xiamen High-Speed Railway

2022-04-02

Major Project Construction Gains Momentum; 102 Projects Get Off to a Strong Start

At present, signs are increasingly evident that major project construction is gaining momentum. Following the State Council Executive Meeting on March 29, which outlined measures to make effective use of government bonds to expand productive investment, the National Development and Reform Commission recently convened the first meeting of the Inter-Ministerial Joint Conference on the Implementation of the 102 Major Projects under the 14th Five-Year Plan. The meeting called for accelerating the construction of projects already under way and promptly generating tangible physical output. The 102 major projects constitute a key component of the Outline of the 14th Five-Year Plan and serve as an important lever for advancing its implementation. Promoting their execution delivers both immediate and long-term benefits, playing a crucial role in expanding effective investment at present and fostering steady, healthy economic development. The meeting reviewed the Rules of Procedure for the Inter-Ministerial Joint Conference on Implementing the 102 Major Projects under the 14th Five-Year Plan and the Key Work Priorities for 2022, and deliberated and deployed the next phase of priority tasks. The meeting noted that, in accordance with the decisions and arrangements of the Party Central Committee and the State Council, the lead departments for each of the 102 major projects, in close coordination with local authorities, have been steadily advancing their implementation. To date, the 102 major projects are being carried out in a robust and orderly manner, achieving a strong start. The meeting urged all relevant departments to follow the 2022 work priorities, strengthen organizational leadership and inter-agency coordination, and ensure that every task under the 102 major projects is effectively implemented and yields concrete results. The lead departments for each project must earnestly fulfill their responsibilities, categorize projects according to type, advance them in an orderly fashion, and accelerate project execution. On the basis of effectively preventing and resolving various risks, they should solidly carry out preparatory work for projects, intensify support for critical factors such as funding and land use, speed up construction of projects already under way, and promptly generate tangible physical output. “The 102 major projects form a ‘nested doll’ structure; so far, they have been broken down into more than 2,600 individual projects, which are now being steadily and orderly advanced,” said He Lifeng, Director of the National Development and Reform Commission. According to the China Securities Journal, in line with the central government’s directive to “moderately front-load infrastructure investment,” relevant departments have continued to promote the orderly implementation of the 102 major projects under the 14th Five-Year Plan. Support from key factors such as funding and land has been further strengthened, local government bond quotas have been allocated ahead of schedule and issued in advance, and a series of supportive policies are being rolled out one after another. At the State Council Executive Meeting held on March 29, measures were laid out to make effective use of government bonds to expand productive investment, address weak links, bolster growth potential, and promote stable economic growth; it was also decided to commence construction on a number of well-prepared water conservancy projects to enhance water resource security and disaster prevention and mitigation capabilities. The meeting pointed out that this year will see the launch of additional projects already included in the plan and meeting the necessary conditions, including follow-up works for the South-to-North Water Diversion Project, major water diversion and transfer projects, key flood-control and disaster-reduction initiatives, reinforcement and hazard elimination of dilapidated reservoirs, and construction and renovation of irrigation districts. Together with other water-conservancy projects, these initiatives are expected to generate approximately RMB 800 billion in investment over the course of the year. According to data from the National Bureau of Statistics, infrastructure investment grew by 8.1% year-on-year in January–February, a pace 7.7 percentage points faster than the full-year growth rate in 2021. During the same period, the number of newly initiated investment projects increased by 110% year-on-year, while the total planned investment for new projects rose by 62.8%. Many research institutions have released reports indicating that, as the relevant authorities continue to implement policies aimed at stabilizing growth and investment, investment in the coming period is likely to show strong momentum, particularly infrastructure investment, which is expected to achieve relatively high growth rates and play a vital role in maintaining macroeconomic stability.

2022-04-02

Building a “Beijing-Tianjin-Hebei on Rails”: The Beijing–Xiong’an Expressway is scheduled to open to traffic by the end of the year.

In 2022, the Beijing–Tianjin–Hebei transportation integration initiative will continue to advance major infrastructure projects and strengthen hard connectivity of transport infrastructure, with plans to complete the main construction of the Beijing section of the Beijing–Xiong’an Expressway. By the end of this year, the entire Beijing–Xiong’an Expressway is expected to be fully completed and open to traffic, enabling motorists in central Beijing to reach the Xiong’an New Area in as little as one hour. The “one-hour transportation circle” linking Beijing, Xiong’an, Tianjin, and Baoding has thus been established. According to the Beijing Municipal Commission of Transport, since 2014, the transport authorities of Beijing, Tianjin, and Hebei have deepened the integrated development of regional transport. A multi-node, grid-like, fully-covering transport infrastructure network—with rail as the backbone—has steadily taken shape, significantly improving regional transport organization and service quality. Meanwhile, greater synergy has been achieved in areas such as legislation, policies, and standards, providing strong support for the coordinated development of the Beijing–Tianjin–Hebei region. The goal is to build a “Beijing–Tianjin–Hebei on Rails” and create a new regional transport landscape. In recent years, the extension of the Beijing–Tianjin Intercity Railway, the Beijing–Zhangjiakou High-Speed Railway, the Beijing–Xiong’an Intercity Railway, and the Beijing–Harbin High-Speed Railway’s Beijing–Chengde section have all been completed and opened to traffic. At the same time, key hub stations such as the Urban Subcenter Station, Fengtai Station, Chaoyang Station, and their supporting transport hubs are being rapidly developed, accelerating the formation of a new, integrated transport framework for the Beijing–Tianjin–Hebei region. As a result, neighboring cities are now generally connected by rail within 1.5 hours, and the “one-hour transportation circle” linking Beijing, Xiong’an, Tianjin, and Baoding has already taken shape. The regional road network is being densified and improved, while comprehensive transport services continue to innovate. Beijing has launched pilot programs for bus-like operations on six interprovincial routes, including Pinggu–Zunhua and Pinggu–Xinglong. A total of 38 bus routes now operate across municipal boundaries, spanning more than 2,700 kilometers and carrying over 270,000 passengers per day, serving more than 10 counties and county-level cities around Beijing. The Beijing–Tianjin–Hebei “One Card” system has achieved interoperability with 288 cities nationwide and is being extended to cover the Xiong’an New Area. In addition, rail transit systems in Beijing, Tianjin, Shanghai, and three other cities now support “QR code” single-pass access. Construction of the main section of the Beijing portion of the Beijing–Xiong’an Expressway is scheduled to be completed this year. Today, a safe, convenient, efficient, green, and economical integrated transport system for the Beijing–Tianjin–Hebei region has essentially taken shape. The accelerated integration of regional transport has sped up the flow and turnover of various production factors across the region, delivering significant benefits for economic development and industrial structure optimization in the Beijing–Tianjin–Hebei area. The integration of transport in the Beijing–Tianjin–Hebei region not only supports cost reduction and efficiency gains in regional transport, effectively lowering logistics costs for the three provinces and municipalities and greatly improving the efficiency of social resource allocation; it also underpins the development of the Capital Metropolitan Circle, leading to a steady annual increase in the number of cross-regional commuters and a gradual expansion of the commuting radius, thereby continuously enhancing the capital’s radiating influence in economic and cultural terms. This year, while continuing to advance major infrastructure projects and strengthen hard connectivity, the Beijing–Tianjin–Hebei transport integration initiative will also place greater emphasis on promoting soft connectivity in areas such as policies, standards, and governance, taking a two-pronged approach to accelerate balanced regional development. On the front of hard connectivity, efforts will focus on further advancing the “Beijing–Tianjin–Hebei on Rails” initiative, coordinating the construction of the Beijing–Tangshan Intercity Railway and Phase I of the intercity railway connecting lines, and speeding up the development of the Pinggu Line of the urban rail system. Work will also proceed on the supporting transport hubs at Chaoyang Station and the Urban Subcenter Station, as well as on the construction of Metro Line 3 and the completion and opening of Fengtai Railway Station. At the same time, the radiating capacity of the road network will be further enhanced through the construction of Tongqing Road and Xitai Road, the completion of the main section of the Beijing–Xiong’an Expressway, and the accelerated development of key projects such as the Chengping Expressway. Pilot trials of customized express bus services between Guomao and the northern three counties will also be launched and gradually rolled out across the areas surrounding Beijing. Furthermore, waterway connectivity between the Beijing and Hebei sections of the North Canal will be realized. On the front of soft connectivity in institutional frameworks, Beijing will collaborate with Tianjin and Hebei, as well as with China Railway, to initiate research on the “four-network integration” of rail transit—including integrated transport services, compatible technical standards, shared resource utilization, and aligned institutional mechanisms—and to advance studies on technical solutions and standard specifications for suburban railway and urban rail operations. At the same time, plans are underway to develop a modern commuter network for the capital, exploring the feasibility of using the Beijing–Kowloon, Beijing–Harbin, and Beijing–Guangzhou railways to provide commuter services to the areas surrounding Beijing. In addition, Beijing will continue to work with Tianjin and Hebei on joint enforcement against illegal and non-compliant transport activities across provincial boundaries, strengthening in-depth cooperation among the three regions in transport law enforcement and governance.

2022-03-23

Twenty-eight Provinces Release the 14th Five-Year Energy Plans; Renewable Energy Capacity Targets for the Next Three Years Announced

Recently, 28 provinces have released their 14th Five-Year Energy Plans, outlining installation and development targets for renewable energy–based photovoltaic power generation over the next three years. The editors at Zhenshen Electric Power Co., Ltd. have compiled a concise yet comprehensive summary; please review it. In Guangdong Province, total installed power capacity has reached approximately 180 million kilowatts, with vigorous efforts to develop solar power and other renewable energy sources. Jiangsu is promoting the addition of about 22 million kilowatts of new renewable energy capacity tailored to local conditions. Shandong’s total installed power capacity stands at 190 million kilowatts, with renewable energy generating capacity exceeding 80 million kilowatts and the share of renewable energy in total electricity generation rising to around 19%. In Zhejiang, clean energy accounts for 34.6% of primary energy consumption, and by 2030, all energy needs will be met entirely by clean sources. Sichuan’s total installed power capacity is about 150 million kilowatts, with photovoltaic capacity reaching 12 million kilowatts. Clean energy accounts for roughly 88% of total installed capacity. Henan’s total installed power capacity has reached 130 million kilowatts, with renewable energy generating capacity exceeding 50 million kilowatts. A number of high-standard, integrated photovoltaic utilization bases are being developed to address coal-mining subsidence areas, rocky desertification, and abandoned mine sites. In Hubei, clean energy will become the main driver of growth in energy consumption. Leveraging new urbanization initiatives, the province is comprehensively advancing green upgrades to infrastructure, with photovoltaic capacity expected to reach 22 million kilowatts. Fujian aims to achieve 22 million kilowatts of photovoltaic capacity and strives to raise total provincial installed power capacity to over 80 million kilowatts. The province is promoting “PV+” smart energy solutions and accelerating the development of demonstration zones for innovation in the new-energy industry. Hunan plans to add 10.2 million kilowatts of new power capacity, with renewable energy accounting for 57% of the total. Anhui is actively developing renewable energy, adhering to a dual approach of centralized and distributed development, and vigorously and orderly advancing wind and photovoltaic projects. Hebei aims to increase photovoltaic capacity to 54 million kilowatts and accelerate the construction of large-capacity energy-storage systems and other flexible peak-shaving power sources. Beijing’s share of renewable energy consumption across the city is expected to reach around 14%. Shaanxi’s total installed power capacity exceeds 136 million kilowatts, with 65 million kilowatts from renewable sources. Total installed power capacity exceeds 136 million kilowatts, with 65 million kilowatts from renewable sources. Jiangxi’s total installed power capacity has surpassed 40 million kilowatts. The province is steadily and prudently developing photovoltaic renewable energy, aiming to reach over 19 million kilowatts of installed capacity. Liaoning aims to achieve over 30 million kilowatts of wind and photovoltaic capacity. Yunnan’s total installed power capacity has reached about 130 million kilowatts, with clean-energy capacity accounting for more than 86%. The province plans to build 31 new-energy bases with a combined installed capacity of 10.9 million kilowatts, bringing total new-energy capacity to 15 million kilowatts. Guangxi aims to reach an output value of 55 billion yuan in the new-energy industry. Inner Mongolia’s total installed power capacity stands at 217 million kilowatts, with renewable-energy consumption accounting for 35% of total demand. New-energy capacity has exceeded 135 million kilowatts, including 45 million kilowatts of photovoltaic power. Guizhou’s installed power capacity has surpassed 100 million kilowatts, with electricity generation exceeding 300 billion kilowatt-hours. The output value of the clean, efficient power industry has exceeded 200 billion yuan. Xinjiang’s total installed renewable-energy capacity has reached 82.4 million kilowatts. Tianjin’s total installed power capacity is around 26 million kilowatts, with 8.055 million kilowatts from renewable sources—about 30% of the total—of which 5.6 million kilowatts are photovoltaic. Heilongjiang plans to add over 30 million kilowatts of new photovoltaic and other renewable-energy capacity. Jilin aims to reach 30 million kilowatts of photovoltaic capacity. Gansu’s total installed power capacity has reached 126.8 million kilowatts, with renewable-energy generating capacity accounting for more than 65% of the total; the province has also built 3.5 million kilowatts of distributed photovoltaic capacity. Hainan is investing 80 billion yuan in the clean-energy sector, adding about 5 million kilowatts of new renewable-energy generating capacity. Clean-energy consumption is expected to account for around 50% of total energy use, while clean-energy generating capacity will make up 82% of the total. Ningxia aims to achieve renewable-energy capacity and generation shares of over 50% and 25%, respectively, with total new-energy generating capacity across the region striving to exceed 45 million kilowatts. Qinghai’s photovoltaic capacity has reached 45.8 million kilowatts, representing an additional 30 million kilowatts since the end of 2020. Tibet is accelerating the development of photovoltaic solar energy, with installed capacity now exceeding 10 million kilowatts. The region is making full efforts to develop and construct clean-energy bases, aiming to establish itself as a national hub for the continued supply of clean energy. According to forecasts by officials at Zhenshen Electric Power Co., Ltd.—a nationally influential brand in the distributed photovoltaic power-generation sector—the strategic plans outlined in the 14th Five-Year Plan suggest that domestic distributed photovoltaic capacity could see a cumulative addition of 176 gigawatts between 2022 and 2025, with 63 gigawatts for residential use, 63 gigawatts for commercial and industrial applications, and 50 gigawatts for public buildings. Supported by high electricity prices in 2022, commercial and industrial as well as public-building sectors may experience a peak in investment in distributed photovoltaic systems.