2021-04-16 11:10:53 GMT2021-04-16 19:10:53(Beijing Time) Xinhua English
BEIJING, April 16 (Xinhua) China s centrally-administered state-owned enterprises (SOEs) invested 497.89 billion yuan (about 76.25 billion U.S. dollars) in fixed assets in the first three months. It is up 36.5 percent from a year ago, according to official data on Friday.
In March alone, central SOEs invested 191.44 billion yuan. It is an increase of 12.9 percent year on year, the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council told a press conference.
During the January-March period, fixed-asset investment of power generation companies surged by 79.4 percent year on year to 109.64 billion yuan. That of power grid SOEs grew by 47.9 percent from the same period of last year to 79.73 billion yuan, according to the SASAC.
China s Q1 central SOEs investment posts rapid growth shanghaisun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shanghaisun.com Daily Mail and Mail on Sunday newspapers.
State shipbuilder lands major container vessel deal By WANG YING in Shanghai | China Daily | Updated: 2021-04-16 09:19 The world s first 23,000 TEU liquefied natural gas-powered container ship is delivered in Shanghai in September 2020. [Photo provided to China Daily]
China State Shipbuilding Corp received an order for 13 container vessels, valued at more than 10 billion yuan ($1.53 billion), from Geneva-based Mediterranean Shipping Co (MSC).
The deal demonstrates that China s shipbuilding prowess has made breakthroughs via market development, product transformation and upgrades, experts said.
Each vessel has a capacity of 16,000 TEUs (twenty-foot equivalent units). The 13 vessels will be built jointly by Dalian Shipbuilding Industry Co and Guangzhou Shipyard International, Caixin, a business news outlet, reported.
Chinese shipbuilder lands major container vessel deal
China State Shipbuilding Corp received an order for 13 container vessels, valued at more than 10 billion yuan ($1.53 billion), from Geneva-based Mediterranean Shipping Co (MSC).
The deal demonstrates that China’s shipbuilding prowess has made breakthroughs via market development, product transformation and upgrades, experts said.
Each vessel has a capacity of 16,000 TEUs (twenty-foot equivalent units). The 13 vessels will be built jointly by Dalian Shipbuilding Industry Co and Guangzhou Shipyard International, Caixin, a business news outlet, reported.
The deal is believed to be the single largest container ship order placed with State-owned conglomerate CSSC, the State-owned Assets Supervision and Administration Commission of the State Council said on its website.
China s central SOEs report robust profit growth in Q1 shanghaisun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shanghaisun.com Daily Mail and Mail on Sunday newspapers.