So far, Sichuan has built 74 new bridges to replace the cableways. Another three bridges are expected to be completed by the end of the year, which will mark the end of the province's cableway era.
So far, Caterpillar has supported China Energy's efforts to achieve efficient and sustainable operations in both surface and underground coal mines in China. China Energy has also expanded into the international mining industry, thanks to support from Caterpillar's global dealer network.
So far, the company has nearly 6,000 construction projects in 129 countries all over the world.
So said Chinese Deputy Ambassador to the United Nations Wu Haitao at a Security Council session on non-proliferation in New York on Thursday.
Smaller companies, which are struggling to survive and grow due to tightening finance channels in the wake of tougher regulations, are becoming targets for mergers and acquisitions, or M&A, by bigger players, they said.
So far, the company has established 800 hectares of flower fields in China, seven intelligent constant-temperature warehouses and a 50,000-square-meter modern processing factory. It employs more than 1,000 workers.
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So, the UHVDC technology has an advantage as it would allow for clean power to be quickly distributed over very long distances.
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Slowing inflation points to subdued domestic demand as well as larger room for macro policy to reinvigorate the economy, affected by the COVID-19 pandemic, analysts said.
Slower credit growth due to China's ongoing supervisory tightening could lead to weaker fixed-asset investment and activities later in the year, while softening property sales amid policy tightening may also weigh on construction by the end of the year, said Wang, who expected China's GDP growth to slow to 6.5 percent in the fourth quarter this year.