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Investment

Top 10 mega-projects of China's central SOEs in 2023 selected

January 03, 2024


Abstract : China's state-owned assets regulator published a list on Wednesday of mega-projects that were completed or started construction in 2023 by the country's central state-owned enterprises.

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This aerial photo taken on Dec. 6, 2023 shows a high-speed electrical multiple unit (EMU) train on the platform of Tegalluar Station in Bandung, Indonesia. The Jakarta-Bandung High-Speed Railway (HSR), the first HSR in Indonesia and Southeast Asia started its official operation on Oct. 17. (Xinhua/Xu Qin)

BEIJING, Jan. 3 (Xinhua) -- China's state-owned assets regulator published a list on Wednesday of mega-projects that were completed or started construction in 2023 by the country's central state-owned enterprises.

Among the projects that exemplified super engineering are the launch of Shenzhou-17 manned spaceship, the operation of China's new-generation "artificial sun" HL-3 in the high-confinement mode under a plasma current of 1 million amperes, and the kickstart of a new nuclear power unit using Hualong One, a domestically designed third-generation nuclear reactor.

The Jakarta-Bandung High-Speed Railway, the cross-sea underwater tunnel between the cities of Shenzhen and Zhongshan, the main project of a grid that significantly uplifted the power supply in the Greater Bay Area have been included in the list.

The building of an intelligent computing center and a large ethylene project, the operation of an eco-friendly offshore oil field, and the commercial service that supports the two-way connection between consumer-grade 5G terminals and satellites also made it into the top 10.

The selection, organized by news outlets under the State-owned Assets Supervision and Administration Commission, were based on public opinion poll and expertise.

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Keyword: central SOEs

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