With expanding effective investment key to stabilizing China's economic recovery this year, State-owned enterprises are ramping up efforts on key infrastructure projects nationwide.
State-owned China Baowu Steel Group, the world's biggest steelmaker, and Rio Tinto, the world's largest iron ore producer, signed a memorandum of understanding on Monday to explore a range of industry-leading projects in China and Australia to help decarbonize the steel value chain, Rio Tinto said.
The fifth phase of the Buzios oilfield project in Brazil, the world's largest deepwater oilfield constructed by China National Offshore Oil Corporation (CNOOC) was put into operation on May 31.
The carbon capture and resource utilization research and demonstration project developed by China Energy Investment Corporation (China Energy) began operation on June 2 at the Taizhou Power Plant in East China's Jiangsu Province.
The world's first effective multi-source remote sensing exploratory data of mountain glaciers has been obtained in Northwest China's Qinghai Province based on the China-developed Xinzhou-60 aerial remote sensing and scientific experiment aircraft platform.
China on Sunday commenced the construction of an ultra-high voltage direct current transmission line linking two provincial-level regions, according to the State Grid Corporation of China.
Cox's Bazar Wind Farm, the first large-scale wind farm in Bangladesh, has been put into operation. It is also the first new energy project built by a Chinese enterprise in Bangladesh.
The No. 2 generator unit of the Haikou natural gas-based power project in South China's Hainan Province began commercial operation on May 30.
