SOEs News

Nation's First Prefab Metro Station Completes Assembly

2022-04-28

China's first fully prefabricated metro station, meaning all of its main structure, internal structural beams, slabs and columns are precast, completed assembly on Tuesday in Qingdao, Shandong Province, for the coastal city's metro line 6 due to run by the end of 2024.

CNOOC Contributes to Uganda's Quest to Extract Its Energy Assets

2022-04-28

China National Offshore Oil Corp (CNOOC), the country's largest offshore oil and gas producer by sales revenue, will assist its partners in Uganda to construct two central processing plants and 35 well pads in the Lake Albert area by 2025, said business executives.

China Launches World's First Laser Radar-Based Carbon Dioxide Detection Satellite

2022-04-27

The Atmospheric Environmental Surveyor, the world's first satellite to use laser radar to detect carbon dioxide, was launched into orbit by a Long March 4C carrier rocket from the Taiyuan Satellite Launch Center in Shanxi Province on April 16.

Profits of Chinese SOEs Rise 7 Pct in Q1

2022-04-27

The combined profits of China's state-owned enterprises (SOEs) rose 7 percent year on year to nearly 1.02 trillion yuan (about 155.5 billion U.S. dollars) in the first quarter of the year, official data showed on Tuesday.

SOEs Assisting Overseas Clients to Hit Green Goals

2022-04-27

China's State-owned manufacturers and infrastructure project providers－a group of companies that have long been a thriving part of many countries' industrialization and urbanization processes－are increasingly applying digital solutions in the global market to meet demand from its clients and maintain robust growth.

China Opens Shenzhou-13 Return Capsule

2022-04-27

On Tuesday, China opened the return capsule of the Shenzhou-13 manned spaceship which carried three astronauts back to Earth on April 16, according to the China Manned Space Agency (CMSA).

China Tourism Group Contributes to Hainan FTP Construction

2022-04-26

The Haikou International Duty Free City project in South China's Hainan Province, the world's largest single duty-free commercial complex, is scheduled to open this year.

Two Sinopharm-Made Omicron Vaccines Approved for Clinical Trials in HK

2022-04-26

Two inactivated COVID-19 vaccines for the Omicron variant developed by China National Pharmaceutical Group Co., Ltd. (Sinopharm) have been approved to start clinical trials in Hong Kong.

CNOOC Limited Starts oil Production in Two Projects

2022-04-26

CNOOC Limited, China's national oil company, has started oil production in two projects - Luda 5-2 oilfield north phase I project and Kenli 6-1 oilfield 4-1 block development project.

Chinese Company Kicks off Construction of Bridge, Station of Tel Aviv Light Rail Green Line

2022-04-26

Construction of a section of Tel Aviv's light rail Green Line kicked off on Sunday, comprising the Reading station and a bridge above the Yarkon river.

CSCEC's Project in Kuala Lumpur Wins Luban Prize

2022-04-25

The Cainiao eHub logistics project in Kuala Lumpur, Malaysia, contracted by China Construction Third Engineering Bureau Group Co., Ltd, a subsidiary of China State Construction Engineering Corporation (CSCEC), won the 2020-2021 China Construction Engineering Luban Prize for overseas projects, according to a company announcement on April 20.

CEC-Developed Cutting-Edge Technologies Support Regular Epidemic Prevention and Control

2022-04-25

China Electronics Corporation (CEC) is contributing to regular prevention and control management of the COVID-19 pandemic with its self-developed cutting-edge technologies.