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China State Railway Group said 1H 2026 fixed-asset investment in railways totaled 363.2 bln yuan, up 2.1% YoY, and 355.2 km of new lines were commissioned. The group said it will accelerate preparatory work on key projects, optimize construction orga

2026-07-17

China State Railway Group said 1H 2026 fixed-asset investment in railways totaled 363.2 bln yuan, up 2.1% YoY, and 355.2 km of new lines were commissioned. The group said it will accelerate preparatory work on key projects, optimize construction organization of ongoing projects, and boost investment quality and efficiency to ensure completion of annual construction targets under the 15th Five-Year Plan.

Other News
2026-07-16

1. China Passenger Car Association (CPCA): From July 1st to 12th, the national passenger car market saw retail sales of 443,000 units, with 280,000 new energy vehicles (NEVs) sold. 2. CPCA: From July 1st to 12th, the NEV retail penetration rate in t

1. China Passenger Car Association (CPCA): From July 1st to 12th, the national passenger car market saw retail sales of 443,000 units, with 280,000 new energy vehicles (NEVs) sold. 2. CPCA: From July 1st to 12th, the NEV retail penetration rate in the national passenger car market reached 63.1%. 3. XPeng Motors completed localization acceptance testing of its second-generation VLA model in Germany. 4. Tesla officially announced a price reduction for its basic home charging products, with simultaneous reductions in fees for 18 additional installation items. 5. In June, sales of power and energy storage batteries in my country increased by 49.1% year-on-year. 6. Volkswagen is expanding its lineup of affordable electric vehicles to cope with the challenges of high oil prices. 7. Hyundai Motor Group will fully acquire Boston Dynamics. 8. During his tenure, former Hungarian Foreign Minister Pierre Szijjártó actively promoted investment by Chinese automakers in Hungary, and joined BYD. 9. Several Honda models in the US will integrate Google Gemini. 10. Reports indicate that several dealerships of Zhiji Auto have suddenly defaulted; the official response is that they are "expediting the process and actively following up on users' reasonable demands." 11. Experts suggest levying a consumption tax on new energy vehicles, with the additional revenue going to local governments. 12. BYD releases three series of lithium iron phosphate batteries for electric motorcycles and bicycles, with a maximum capacity of 76V 60Ah.
2026-07-16

Bank of America CEO Moynihan: Mythos' security is a serious concern.

Bank of America CEO Moynihan: Mythos' security is a serious concern.
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