SOEs News

World's First International Standard for Cyclotron Issued

2021-12-21

The world's first international standard for a cyclotron, titled "Fixed energy high intensity proton cyclotron within the energy range of 10 MeV to less than 30 MeV" was issued on Nov 29.

CTCE Strengthens Landmark BRI Railway in Indonesia

2021-12-21

In building Southeast Asia's first high-speed railway in Indonesia, State-owned China Tiesiju Civil Engineering Group has successfully trained nearly 2,000 local technical staff in a bid to ensure the full operation of the railway in 2022.

SOEs Ramp up Reform to Better Fulfill Three-Year Action Plan

2021-12-21

China's centrally administered State-owned enterprises in various sectors, including rare earth and coal, have promoted in-depth business integration this year and will continue such efforts next year to fully achieve the goals outlined by a three-year action plan (2020-22) guiding SOEs to deepen reform, better adapt to market-oriented norms and ramp up mixed-ownership efforts actively and steadily, an official said.

Shidaowan Gives China Edge in Nuclear Power Tech

2021-12-21

The world's first industrial-scale demonstration plant of a high-temperature gas-cooled reactor with pebble-bed module, the No 1 reactor of the Shidaowan nuclear power plant, located in Shandong province, was connected to the grid and put into operation on Dec 20, said China Huaneng Group, its operator.

SOEs & Winter Olympics: CNPC Guarantees Hydrogen Supply to Beijing 2022

2021-12-20

High-purity hydrogen produced by China National Petroleum Corporation (CNPC) was sent to the company's Jinlong Comprehensive Energy Station in Yanqing District, Beijing on Dec 6.

First Homegrown Cruise Ship Goes Floating in Shanghai

2021-12-20

China's first homegrown cruise ship conducted a floating on Friday in the shipyard at Shanghai Waigaoqiao Shipbuilding Co Ltd, a milestone step in the vessel's construction before its delivery in September 2023.

China's General Aircraft Fleet to Reach 45,000 by 2040: AVIC Forecast

2021-12-20

China's general aviation market is maintaining growth with the general aircraft fleet forecast to reach 45,000 by 2040, said the latest market outlook released by Aviation Industry Corporation of China Ltd (AVIC).

Nation's Major Data Center Launched; Will Boost Regional Development

2021-12-20

The first phase of what will be the biggest data center in Central China was put into operation on Nov 30, providing secure and efficient data storage and a capacity for calculation for the development of the Yangtze River Economic Belt, according to its operator, China Three Gorges Corp.

Net Profits of China's Central SOEs Hit 1.75 Trln Yuan in Jan-Nov

2021-12-20

China's centrally-administered state-owned enterprises saw robust growth in net profits in the first 11 months of the year, said the country's top state assets regulator on Dec 18.

China-Russia Center Breaks Ground in SCODA

2021-12-17

The China-Russia Center recently broke ground in the Shanghai Cooperation Organization Demonstration Area (SCODA) with the Administrative Commission of SCODA, SCO Development Group and Power Construction Corporation of China (POWERCHINA) having reached agreement on the project.

CSG Supplies Over 60 Billion KWh of Power to Macao

2021-12-17

As of Dec 2, 2021, China Southern Power Grid (CSG) had supplied more than 60 billion kilowatt-hours of power to Macao Special Administrative Region.

Nuclear Power to Play Bigger Role in Achieving Nation's Carbon Goals

2021-12-17

Qinshan nuclear power plant, the first and largest of its kind in China, achieved 30 years of safe operation on Dec 15, with the performance of all nine of its units ranking at or near tops globally, said its operator China National Nuclear Corp.