Profits at China's two major power grid operators have witnessed a sharp rebound during the first quarter, thanks to the domestic economic recovery, and the trend is expected to continue throughout this year, said analysts.
With 600 projects in 80 markets, CSCEC inks more than 250 infrastructure deals.
China State Shipbuilding Corp received an order for 13 container vessels, valued at more than 10 billion yuan ($1.53 billion), from Geneva-based Mediterranean Shipping Co (MSC).
Chinese enterprises outnumbered the US on Fortune 500 list for the first time in 2020, according to a Handelsblatt newspaper report on April 15, which said the China's industrial leaders are conquering the world's market.
CNOOC did major oil-gas exploration during the 13th Five-Year Plan period (2016-20), with oil-gas exploration reaching 1.3 billion metric tons and proved natural gas reserves reaching 500 billion cubic meters, the company said on April 23.
China's centrally-administered State-owned enterprises (SOEs) invested 497.89 billion yuan ($76.25 billion) in fixed assets in the first three months.