At 7:30 of December 26, G502 high-speed rail departed Changsha South Railway Station, the earliest one to be dispatched after Beijing-Guangzhou High-speed Railway was put into full operation.

On September 11, Premier Wen Jiabao said in the Davos Forum, “We still had a surplus of one trillion yuan by the end of July. And the accumulative surplus of the central budget stands at over 100 billion yuan as the stability and adjustment funds. We will use the funds at appropriate times for anticipatory adjustments and fine-tuning to promote stable economic growth.”

News of China Hyway Group Limited Mocamedes Railway Project Company (Liu Mao, Interpreter from General Affairs Office of China Hyway Group Limited Mocamedes Railway Project Company) In order to accelerate implementation of national reconstruction projects in Angola, Angola and China agreed to re-start the financial agreement yesterday.

Recently, Beijing CBD (Central Business District) eastward expansion plan was released to the public. Due to eastward expansion, location value began to rise and the radiation radius extended from Tongzhou to Dachang Chaobai River Development Area, Hebei Province, 30 kilometers to the due east of China Beijing World Towers.

According to the Ministry of Railways of the Peoples Republic of China, till 2020, China’s railway network is expected to reach 120,000km, of which the network in the west will expand to over 50,000km, and structure of railway will be established basically.

According to the Yangtze River Waterway Engineering Construction Headquarters, China will put RMB43 billion for construction of Yangtze River waterway, of which RMB30 billion will be used for regulation.

Recently, the State Council has approved Macao’s request for marine reclamation of 361.65 hectares to build a new city zone and requested Macao to follow up management during marine reclamation, strengthen protection of surroundings and give full play to construction function of the new city zone. Media of Macao saw the approval another good news for Macao.

Recently, the State Council has approved subway construction plans of 22 cities with a total investment of RMB882.003 billion. Till 2016, China will complete construction of 89 new rail transit routes with a total construction mileage of 2500 kilometers. As China has already become world-largest urban rail transit construction market, domestic and international rail transit manufacturers, attracted by the business opportunities valuing nearly one trillion yuan, are competing each other to seize market share.

Recently, the State Council has officially approved the Poyang Lake Ecological Economic Zone Plan, which is the 9th regional economic development plan approved in this year. Considering the regional economic development plans previously approved, a new regional economic landscape has been shaped with the eastern, the central and the western developing in parallel and the eastern coastal area being focus of development.

ICBC Signed Soyo Power Station Financing Agreement with Angola Ministry of Finance