SOEs News

China's Central SOEs Post Steady Investment Growth in H1

2021-07-19

Fixed-asset investment by China's centrally-administered state-owned enterprises (SOEs) rose 10.5 percent year-on-year to 1.1 trillion yuan (about $170 billion) in the first half of 2021, official data showed.

China's Mars Rover Travels Over 509 Meters on Red Planet

2021-07-19

China's Mars rover Zhurong has traveled more than 509 meters on the surface of the red planet as of 11 pm on July 17.

New Power Unit Goes Operational at Major Hydropower Station

2021-07-19

A new power-generating unit has gone operational at a large hydropower station under construction in Southwest China.

First 'China Standard' Automated Subway Train Ready to Roll

2021-07-16

The country's first standardized subway train, capable of traveling at up to 120 kilometers per hour, will soon be put into use in Zhengzhou, capital of Henan province.

Kaliwa Dam Project Breaks Ground in the Philippines

2021-07-16

Construction of the Kaliwa Dam has started in Rizal Province in the Philippines. The project is a milestone in the country's public water supply infrastructure.

POWERCHINA-Contracted Large Hydropower Station in Zambia Begins Operation

2021-07-15

The first generator unit of the Kafue Gorge Lower Hydropower Station in Zambia went into operation on June 30, local time.

Construction of China's First Self-Developed Floating LNG Storage and Regasification Ship Completed

2021-07-15

China's first domestically-developed floating liquefied natural gas (LNG) storage and regasification ship was named TRANSGAS POWER on June 28.

Central SOEs Bask in H1 Profit Glory

2021-07-15

For the first time in history, half-yearly net profits of centrally administered State-owned enterprises, or central SOEs, exceeded 1 trillion yuan ($155 billion) in the first half of this year.

Road over Cliff Seen in Pingshun County, North China's Shanxi

2021-07-14

The road over the cliff in Pingshun county, North China's Shanxi province, attracts many tourists.

World's Third Full Industrial Chain Silicon Carbide Production Line Ready for Operation in Central China

2021-07-13

Completion of the world's third and China's first full industrial chain production line for silicon carbide was announced on June 23 in Changsha, Central China's Hunan Province.

China's Gas-Hydration Drilling Equipment Completes Sea Trial

2021-07-13

The China National Offshore Oil Corporation (CNOOC) has completed its sea trial operation of natural gas-hydration drilling and logging equipment, the corporation said on July 12.

China's Mars Rover Travels Over 400 Meters

2021-07-13

China's Mars rover Zhurong has traveled more than 400 meters on the surface of the red planet, according to the Lunar Exploration and Space Program Center of the China National Space Administration on July 12.