SOEs News

China Tightens Management of Central SOEs' Overseas Assets

2021-01-22

China will strengthen the management of overseas State-owned property rights held by centrally-administered State-owned enterprises (SOEs) and prevent the loss of overseas State-owned assets, the regulator said in a statement issued on Jan 21.

China's First Solar Probe to Be Lofted in 2022

2021-01-22

China's first solar probe, Advanced Space-based Solar Observatory (ASO-S), is scheduled to be launched into space in the first half of 2022, marking the country's first-ever mission to "touch" the sun.

Beijing-Chengde High-Speed Rail Set to Begin Operations

2021-01-22

A high-speed railway connecting Beijing with Chengde, a popular summer destination approximately 230 km north of the Chinese capital, will be put into operation on Jan 22, the China State Railway Group Co, Ltd (China Railway) announced on Jan 21.

Last Leg of Railway to Northeast Complete

2021-01-22

The last leg of a high-speed railway connecting Beijing with Shenyang, Changchun and Harbin — the capital cities of China's three northeastern provinces — will open on Jan 22, enhancing connectivity between Northeast China and other parts of the country, China Railway Corp, the national railway operator, said on Jan 21.

Huangzhuang Apartment Quarantine Center under Construction in Shijiazhuang

2021-01-22

The Huangzhuang Apartment COVID-19 quarantine center project in Shijiazhuang, Hebei Province is used to accommodate close contacts and sub-close contacts of confirmed COVID-19 patients.

Section of Jiulongjiang Grand Bridge Rotates to Designated Position

2021-01-22

The Jiulongjiang Grand Bridge, one part of the Fuzhou-Xiamen Railway, is under construction

Boosting Construction of International Aviation Hub

2021-01-21

Seventy-two of Air China's domestic flights from the Beijing Capital International Airport to 21 destinations were re-deployed from the T3 to T2 terminal on Jan 15, a key move to build the airport into a world-class aviation hub.

China's Space Tracking Ship Completes Satellite Launch Monitoring

2021-01-21

ABOARD YUANWANG-5 — China's space tracking ship Yuanwang-5 completed its mission in the Pacific Ocean to monitor and ensure the launch of the Tiantong 1-03 satellite on Jan 20.

World's First Multi-Park 5G+MEC Platform Completed

2021-01-20

China United Network Communications Group Co., Ltd. (China Unicom), together with Huawei Technologies Co., Ltd., recently launched China's first 5G trans-border smart industrial park system in East China's Zhejiang and Jiangsu provinces.

CNNC Successfully Installs Thermal Shield of Artificial Sun Fusion Reactor

2021-01-20

The lower cryostat thermal shield was installed over the dewar-structured base of the artificial sun fusion reactor of the International Thermonuclear Experimental Reactor (ITER) organization on Jan 14 local time.

Phase I of 2×660MW Payra Ultra-Supercritical Coal-Fired Project Put into Operation

2021-01-20

The first phase of the 2×660MW Payra ultra-supercritical coal-fired project in Bangladesh recently obtained overall operation certification, bringing a close to the first overseas project invested, built and operated by China General Technology.

China's Central SOEs Report Rising Profits in 2020 amid Reforms

2021-01-20

Despite disruptions due to the COVID-19 epidemic, China's centrally-administered State-owned enterprises (SOEs) reported profit growth in 2020 amid reforms to make their operations more efficient.