China's centrally administrated state-owned enterprises have been improving corporate compliance management to gain an edge in global market competition.
Hong Kong-listed COSCO Shipping Ports Ltd or CSPL, a subsidiary of Shanghai-based China COSCO Shipping Corp specializing in port operations, announced on Thursday that it has picked up a 25 percent stake in a new container terminal at Egypt's Ain Sokhna Port for about $375 million.
March 7 marks the 200-day countdown of the 19th Hangzhou Asian Games that will be held in Hangzhou, East China's Zhejiang Province. Construction of the Chun'an competition area is about to complete.
Trips between Hangzhou and neighboring Huzhou in East China's Zhejiang Province will be more convenient as a new urban railway between Yuhang district in Hangzhou and Deqing county in Huzhou is seeing accelerated steps toward operation.
Maerdang hydropower station, the highest-altitude facility of its kind on the upper reaches of the Yellow River, is currently under construction and is expected to begin operations in March 2024, said its operator China Energy Investment Corp, also known as China Energy.
China's state-owned enterprises have been accelerating construction of new energy projects since the start of the year, from photovoltaic power stations to offshore wind farms, which, according to analysts and industry observers, are expected to become new engines driving the country's economic growth.
XIONGAN, the world's first eco-friendly assembled U-shaped shield pipe erecting machine for utility tunnel started operation at the EA4 utility tunnel project in Xiongan New Area in North China's Hebei Province on March 2.
Ansteel released a self-developed 690-megapascal cryogenic steel for liquefied carbon dioxide (LCO2) carriers cargo tank on March 3 in Dalian, Northeast China's Liaoning Province.
