SOEs News

China Launches Shijian-21 Satellite

2021-10-25

China successfully launched a new satellite from the Xichang Satellite Launch Center in Southwest China's Sichuan province on Oct 24.

Mars Rover, Orbiter Set to Resume Operations

2021-10-25

China's Mars rover and the orbiter of the Tianwen 1 mission are resuming operations after a month-long suspension caused by the sun disrupting signals between Earth and Mars, according to the China National Space Administration.

CASC Signs 50 Billion Yuan in Agreements at Airshow China

2021-10-22

China Aerospace Science and Technology Corporation (CASC) signed more than 50 agreements and letters of intent on cooperation with ministries, local governments and enterprises on Sept 29.

Oil and Gas Giants Gear up for Winter Power Use

2021-10-22

The major oil and gas companies in China, the world's largest natural gas consumer, are increasing their overseas gas supply to ensure a steady supply of power this winter.

Construction of Major Coal Bed Methane Pipeline Completed

2021-10-22

China's longest coal bed methane pipeline has finished construction under the trunk channel of the South-to-North Water Diversion Project on Oct 20.

Genertec Launches First Chartered Air Course for Scheduled Central Asian Freight Flights from Northeast China

2021-10-21

China General Technology (Group) Holding Co Ltd (Genertec)'s logistics subsidiary recently launched a cross-border e-commerce air course between Shenyang in Northeast China's Liaoning Province and Alma-Ata in Kazakhstan.

Nation's Contractors Eye Social Programs

2021-10-21

While giant infrastructure projects such as roads, bridges and airports have long been the preferred calling card for Chinese contractors in global markets like Africa, many of them are changing their business formats and participating in more developmental, social and utility projects on the continent.

Central SOE Profits up 66% During First 3 Quarters

2021-10-21

China's central State-owned enterprises have seen remarkable progress in enhancing operations during the first three quarters, showing marked improvement in key indicators such as net profit and operating revenue.

DEC Releases Design of 13-MW Offshore Wind Turbine

2021-10-20

Dongfang Electric Corporation (DEC) released a design for its 13-megawatt offshore wind turbine at China Wind Power 2021 on Oct 18.

World's Longest 3D Printed Bridge Opens

2021-10-20

Liuyun Bridge, the longest macromolecule three-dimensional printed bridge in the world, has opened.

China-Made Automatic Drive Coach on the Road in France

2021-10-20

A China-made automatic drive coach has gone into trial operation in Paris, France.

Chinese Central SOEs Boost Overseas Industrial Development

2021-10-20

Chinese central state-owned enterprises have played a key role in fulfilling social responsibilities while contributing to local economic and social development where their projects are located by creating jobs and promoting industrial development.